News & Analysis for the Beverage Industry
The specialty food and beverage market has consistently outpaced the growth rate of conventional grocery for the past decade, says the Specialty Foods Association (SFA), but the COVID-19 pandemic has profoundly altered this growth trend, reports SFA in...
The new Corona Hard Seltzer has already become the #4 hard seltzer brand in the US. And Constellation Brands sees the overall hard seltzer category continue to blossom: ‘If anything, previous estimates are starting to look conservative'.
Diageo has announced that its new Kentucky whiskey distillery – which will start distilling Bulleit next year – is expected to be ‘one of the largest carbon neutral distilleries in North America’.
Constellation Brands will purchase Empathy Wines, a ‘high-performing, digitally-native wine brand and direct-to-consumer (DTC) platform’ founded in 2019.
In a move that may not come as a huge surprise given executives' recent hints about “pruning” the portfolio, Coca-Cola is discontinuing the Odwalla juice brand and the refrigerated network of trucks supplying it to stores. So was the 40-year-old brand...