Beverage News

Powerade Ion4, Vitaminwater Zero rank as New Product Pacesetters

March 29, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

Innovation in beverages continued and even outperformed some consumer product good (CPG) categories during the downturn economy, according to SymphonyIRI Group, Chicago. The market research firm announced its annual list of New Product Pacesetters during the SymphonyIRI Group Summit that took place this week in Miami Beach, Fla.

Powerade Ion4, a brand of The Coca-Cola Co., Atlanta, topped the list of food and beverage brands in SymphonyIRI’s 2010 New Product Pacesetters list. The sports drink reported $190.5 million in dollar sales across food, drug and mass channels, excluding Wal-Mart, according to SymphonyIRI.

Ranking fourth was another brand of The Coca-Cola Co., Glaceau’s Vitaminwater Zero, which had $110.3 million in sales in its first year on the market. Launched in February 2010, Vitaminwater Zero replaced the previous Vitaminwater10 line available from the company.

Purchase, N.Y.-based PepsiCo’s Trop50 line was sixth on the Top 10 food and beverage brands with $74.4 million in sales in 2010. Trop50 expanded its line of reduced calorie and sugar juices with the addition of a Farmstand Apple variety in August 2010.

Also ranking in the Top 10 were Waterbury, Vt.-based Green Mountain Coffee Roasters’ K-Cups with reported sales of $62.1 million and Budweiser Select 55 from Anheuser-Busch InBev, St. Louis. The low-calorie beer reported $59.9 million in annual sales in 2010.

SymphonyIRI presented the New Product Pacesetters report under the theme of “Innovating Growth in a Down Economy.” The theme underscores the success that CPG marketers are finding in bringing to market products that raise the bar on consumer expectations around everyday CPG solutions, the market research firm said.

Food and beverage innovation continues as the categories still see consumers dedicated to eating at home, SymphonyIRI reported. In addition, the Top 10 food and beverage New Product Pacesetters also delivered against consumer desires for health and wellness and a bit of indulgence, the market research firm reported.

“It was an exciting year for food and beverage manufacturers,” said Susan Viamari, editor of Times & Trends, for SymphonyIRI, in a statement. “Evolving consumer trends opened the door to a broad range of innovation opportunities. Food and beverage manufacturers really did a phenomenal job seizing those opportunities to drive market growth.”

 Did you enjoy this article? Click here to subscribe to Beverage Industry.  

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Dinner with Tequila Don Julio

Diageo is taking its Tequila Don Julio brand on the road this summer with a rolling Airstream Speakeasy mobile craft cocktail bar. The team stopped in Chicago on July 29 to share some specialty tequila cocktails paired with food from Chicago restaurants Honey Butter Fried Chicken and The Radler as well as dessert venues Black Dog Gelato and Baker Miller. (Photos by Jennifer Haderspeck)

9/17/14 2:00 pm EDT

The Path to New Product Success: Navigating the latest trends for new beverage development

By attending this webinar, you will learn about the top trends and how they fit into the CPG market, which channels are influencing new products and technology, how Packaging fits into your product development, and ways you can use innovation to increase sales.

Podcasts

Maintaining beverage dispensing equipment

Iuliana Nita, Saint-Gobain Performance Plastics global marketing manager of food and beverage, offers her insights about ensuring sanitary performance of beverage dispensing equipment in foodservice applications. She also will offer some tips about choosing the right kind of tubing to handle acidic beverages.

Beverage Industry Magazine

BI August 2014 cover

2014 August

The August 2014 Beverage Industry includes a cover story on KeVita, as well as articles about beverage consumers, natural and organic varieties, smart snacks, and more. Check it out today!

Table Of Contents Subscribe

Beverage Insider eNewsletter

Are you an Insider? Subscribe to Beverage Industry’s weekly e-newsletter to receive news headlines, new product information and magazine highlights.   

Best Beverage Categories

Which beverage category will perform the best in the second half of 2014?
View Results Poll Archive

THE BEVERAGE INDUSTRY STORE

cleaning-in-place-dairy-foo.gif
Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

More Products

Webinars

Beverage Industry Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!

STAY CONNECTED

facebook40 twitter    youtubelinkedgoogle+ icon 40px