Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
A new study suggests changing climate conditions might be affecting the taste, aroma, and overall quality of coffee. Trends found by researchers from Tufts and Montana State University indicated that farms at higher altitudes were …
Amid the growth of the “better for you” beverage category, one drink in particular has experienced massive gains. The kombucha category grew from $1 million in sales in 2014 to $1.8 billion in sales in …
Sports and energy drinks have seen significant sales growth over the past year. Sales of sports drinks were up 14.3% on a dollar basis to almost $5 billion in the 52 weeks ended Aug. 8, …
What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …
With signs of the beer industry slowing and hard seltzer fizzling out, what’s the next big thing for the alcoholic beverage market? It might be hard cider. Made from the fermented juice of apples, hard …
One of America’s favorite sodas is getting a boozy makeover. The Boston Beer Company and PepsiCo are teaming up to produce an alcoholic version of Mountain Dew called HARD MTN DEW. The new drink will …
PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …
The hard seltzer market may be falling on hard times. While it may not seem that long ago that beverages like Truly Hard Seltzer were a highlight of many summer get-togethers, the popularity of the …
Danone’s recent majority stake in Harmless Harvest is a curious market event. Not because they took a majority. Because coconut water is not growing anymore in the U.S. based on sources I’ve reviewed. The pandemic …
Coca-Cola Co. released its second quarter earnings this week—and sales rebounded faster than expected. HIGHLIGHTS: Net Revenues grew 42% Organic Revenues (Non-GAAP) grew 37% Operating Income grew 52% Operating Margin was 29.8% versus 27.7% in …
The Consumer Price Index for All Urban Consumers increased 0.9 percent in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S. Bureau of Labor Statistics reported today. This was the …
The beverage industry has seen an increase in demand for premium beverages among younger consumers, and boba tea is a growing niche in that specialty segment. According to a recent CLSA survey of consumers, 94% …
U.S. beverage demand is forecast to increase 2.9% yearly in nominal terms through 2025, as income rises and the population grows, according to Beverages: United States, a report by Freedonia Focus Reports. Here’s a look at which …
General Mills and Constellation Brands both reported earnings today. Here’s a closer look at highlights from both reports: GENERAL MILLS Fourth Quarter 2021 Highlights Net sales declined 10 % to $4.5 billion and organic net …
In the Fall and Winter of 2020, the market witnessed several high-profile CPG acquisitions by strategic multinational CPG players. I want to contrast two cases that live on extreme ends of the typical continuum of …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: PPP, Restaurant Revitalization Fund, lumber shortage and inflation, hiring recovery, inflation in Brazil, …
With the launch of several new health-focused products, PepsiCo appears to be pivoting from just soda and capitalizing on the burgeoning functional beverage trend. The company has developed an innovation process that allows it to …
With Memorial Day around the corner and signs of the pandemic easing, the alcoholic beverage industry is gearing up for summer and beyond. Here are some recent highlights and innovations from the sector. Champagne sales are popping Whether it’s for meeting up with friends and loved ones in person or …
With more states legalizing the use of marijuana, 2021 could be a big year for cannabis beverage and delivery companies. CANNABIS-INFUSED BEVERAGES GAINING TRACTION The global cannabis beverage market is estimated to grow at a CAGR of …
COVID-19 restrictions on parades, parties and pub crawls will likely dim the mood of many this St. Patrick’s Day. For the producers of no- and low-alcohol beverages, however, spirits remain high with a veritable pot …
While sales data show beverage companies, like many other businesses, are struggling because of the COVID-19 pandemic, there are signs that consumers are making healthier choices about what they drink. And that offers opportunity for …
The citrus market is on the rise, as consumers look to get their vitamin C fix. New data show the citrus category across all varieties saw increased demand in 2020, with more than 20% increases …
While some people have strayed from regular diet and exercise routines over the course of the pandemic, others have capitalized on the new stay-at-home lifestyle by focusing on wellness. Against this backdrop, and ahead of …
Americans are currently drinking so many things out of aluminum cans that it’s causing a shortage. Ball Corp., the world’s largest manufacturer of metal beverage containers, even told investors this past week that the U.S. …
An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …
Innovation will drive business growth in the new normal, according to Nielsen. Nielsen recently released its 2020 U.S. BASES Top 25 Breakthough Innovations List which includes several food and beverage products. Trending themes among the …
Coca-Cola is discontinuing its Zico coconut water brands, reported The Wall Street Journal (Oct. 4). The decision to halt production of the drink by the end of the year “comes at a time when [the …
Several CPG brands recently released quarterly earnings, displaying high demand for snacks and ingredients as consumers cook at home. PepsiCo Quarterly sales for PepsiCo grew by more than 5%, fueled by higher sales of …
A federal committee working on a revision of U.S. dietary guidelines recommends cutting sugar consumption, reported The Wall Street Journal (Sept. 28). The committee suggests Americans limit their consumption of added sugars to 6% of …
PepsiCo. Inc.’s PR tease for the Driftwell sleep aid beverage represents the company’s latest new brand creation since Bubly. Launching new trademarks has a very checkered history at public firms. Most of these launches quietly …
Several beverage brands are launching new products that have a stronger focus on consumer health. PepsiCo is launching a new drink called Driftwell to aid sleep as consumers struggle with stress, reported CNBC (Sept. 14). …
Olipop co-founder, CEO, and formulator Ben Goodwin joined the Food Institute Podcast to discuss the product he’s made, the shift from probiotic to microbiome-focused beverages among consumers, and the health implications from drinking functional beverages. …
Food Institute Focus – Coca-Cola to Join Hard Seltzer Craze
