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So far, sweeter coffee drinks dominate the category. But cold brew is changing the game. Over the past several years, the cold brew coffee wave has excited investors, intrigued consumers, and breathed new life into a once peripheral beverage category. But beyond the buzz that has made cold brew the fastest growing sector of the ready-to-drink coffee category, it’s worth remembering that Starbucks still controls 78.3 percent of the dollar market share, and that a lot of that is from the decidedly NOT cold brewed Frappuccino line. Features The Cannabis Food and Beverage Guide is a directory of packaged food and beverage products produced with cannabis, plus companies that provide goods and services to those brands. It is a who’s who of new and established food and beverage products containing CBD, THC, hemp and other cannabis derivatives.
Anytime someone mentions the American spirits market, it’s more than likely that the first thing that comes to mind is whiskey. And that, for the most part is justified. However, other categories have been aggressively inserting themselves into the conversation and whiskey, increasingly, has been ceding some of the spotlight. Making predictions about the future of the beverage industry is a dangerous game. Trust us on this one; we do it every year for our January/February issue, and we’re about to put ourselves on the line again right now.
BevNET reached out to a group of suppliers, brands and industry experts to get their insights as to where the market for ingredients and flavors in beverage will be going in 2019. Hundreds of entrepreneurs and executives from across the beer industry gathered at the 2018 Brewbound Live business conference, held in Santa Monica, California, to discuss category health, cannabis and future product innovations.
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Craft Brew Alliance CEO Andy Thomas set the tone for the two-day event by asking attendees a simple question on day one: Who is really your competitor? While building a dedicated and loyal audience is essential for any successful CPG food brand, it shouldn’t have to come at the expense of another group. The question of how to bring consumers into new categories and products rather than freezing them out – to grow the tribe, in other words – was posed by NOSH.com editor Carol Ortenberg at the start of the first day of NOSH Live Winter 2018. Aseptic juices including coconut water and other category comparisons by sales and growth. In craft beer news, Pizza Hut expands beer delivery to nearly 300 stores, US beer sales top $35 billion in 2018 and Texas lawmakers propose companion bills to legalize to-go sales.