What’s piquing the attention of BeverageDaily readers? Here’s a round-up of our most-read articles from January.
What’s piquing the attention of BeverageDaily readers? Here’s a round-up of our most-read articles from January.
Premiumization has been a long-term trend in the beverage industry for years. But as inflation and economic uncertainty continue to bite, why are consumers still willing to pay more for alcoholic beverages?
The latest data from the IWSR addresses the question.
Gen Z consumers are more likely to drink RTD coffee than hot coffee. That means that the RTD category is not just about entrepreneurs making the most of a niche: a strong RTD proposition is going to make increasing sense for any coffee company or FMGC company in the future.
The RTD coffee category has already found a sweet spot with busy consumers by offering a winning trio of energy, convenience and taste – so where could it go next?
Bavaria, AB InBev’s brewer in Colombia, will construct a new brewery in the northern region municipality of Palmar de Varela.
The new brewery will begin operations in mid-2024, producing national beer brands such as Aguila, Poker and Club Colombia
Nestlé Health Science will make a $43m investment to expand its manufacturing facility in Eau Claire, Wisconsin: adding two new production lines to increase manufacturing of high-demand ready-to-drink consumer products.
The facility produces an array of medical nutrition products, such as tube feeding formulas, and nutritional drinks from brands such as Boost and Carnation Breakfast Essentials.
Low-to-no beer, cider, wine and spirit products grew over 7% in volume across 10 key global markets in 2022, according to fresh data from IWSR Drinks Market Analysis.
The market value of these products surpassed US$11 billion (€10.4 billion) in 2022, up from US$8 billion in 2018, said the alcohol data and analysis provider.
A dynamic no and low alcohol category presents opportunities for brands to recruit consumers from neighboring categories such as soft drinks and water.
