Kona Deep has secured a $5.5m investment from Danone Manifesto Ventures, Grand Crossing Capital, and local Hawaiian investors: which the premium water brand will put towards expanding US distribution as well as ramping up consumer education and marketing...
Sparkling water brand SodaStream has introduced Fruit Drops - a range of bottled flavor essences - in US brick & mortar retailers, as the company aims to make sparkling water part of consumers' daily routines.
SodaStream, maker of at-home sparkling water machines, has become an advocate for cutting down plastic bottle waste within the beverage industry, a message the brand’s VP of global marketing Itai Bichler believes resonates with many consumers.
While 43% of American consumers would describe their financial situation as “healthy”, price still remains the most important factor in food and beverage purchases for many shoppers, according to Mintel’s 2018 North American Consumer Trends report.
Bottled water volume sales are seeing continued strong growth, driven by consumers' search for alternatives to sugary drinks. And these trends are benefiting the flavored water category, according to Comax Flavors.
By the end of 2017, global wine production is projected to register an 8.2% drop to 246.7 mhl compared to 2016, with the largest declines seen in the EU which recorded a 14% drop, says the International Organization of Vine and Wine (OIV).
Tech has infiltrated the homebrewing space with digital tabletop brewing devices poised to be the next frontier of the beer industry as consumers look for a more personalized beer drinking experience, says Euromonitor senior alcoholic drinks analyst Spiros...