News & Analysis for the Beverage Industry
Innovation in the RTD (ready-to-drink) coffee category is accelerating, with Coca-Cola predicted to be the big winner with its partnerships with Dunkin Donuts and McDonald’s. PepsiCo’s Starbucks line is expected to lose market share.
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.
Unilever will acquire specialty tea brand TAZO from Starbucks for $384m, as Starbucks decides to focus on its super premium tea brand Teavana.
Nestlé USA has acquired premium organic brand Chameleon Cold-Brew Coffee, expanding its access to the premium cold brew category.