For about a decade, the craft beer segment has grown at immense rates, influencing the food and beverage industries in many ways. Yet, experts note that the segment is beginning to experience some growing pains as a result of its rapid growth.
Despite seeing significant growth during the 2010-2015 timeframe, the dairy and dairy alternatives category has seen a deceleration in growth, according to experts. Although the growth will be at a slower pace, the category still is expected to continue gaining share in the beverage market going forward.
When Greg Steltenpohl founded Los Angeles-based Califia Farms LLC in 2010, producing nitrogen-infused and cold-brew coffees was not yet on his radar. Best known for its premium plant-based almond milks that are packaged in iconic hourglass-shaped carafes, Califia Farms’ portfolio has grown to include more than 60 SKUs, including a variety of almond milks, coffee creamers as well as a line of specialty citrus juices. Yet, its ready-to-drink (RTD) cold-brew coffees and coffee concentrates have provided extensive reach into the coffee category.
British philosopher Alan Watts once said, “The only way to make sense out of change is to plunge into it, move with it and join the dance.” As the American retail landscape continues to change, it seems as though mass merchandiser chains are joining this “dance.”
With a growing interest in getting back to nature, consumer demand for natural ingredients has flourished. As beverage-makers formulate new products, more now are choosing natural colors to appeal to this consumer desire.
At the end of September, Beverage Industry’s parent company BNP Media acquired Beverage World as well as its successful and well-attended BevOps Fleet Summit. Through this acquisition, the BNP Media Events team now will manage and produce the BevOps Fleet Summit, while Beverage World’s digital and print properties ceased operations, with October being the final print publication.
Victor, N.Y.-based Constellation Brands announced it has reached an agreement with Charles Smith Wines LLC to acquire its fast-growing Washington State wines for approximately $120 million. The transaction, which closed in October, includes five super and ultra-premium wines: Kung Fu Girl Riesling, Velvet Devil Merlot, Boom Booom! Syrah, Eve Chardonnay and Chateau Smith Cabernet Sauvignon.
KonaRed Corp., Koloa, Hawaii, the manufacturer of premium Hawaiian Cold Brew and Whole Bean Coffee, announced that its comparative revenue grew by 132 percent from $174,000 in Q3 2015 to $404,000 for the three-month period ending Sept. 30. Revenue for the comparative nine-month period grew by 34 percent from $587,000 to $789,000, the company says.
The 31st Annual Natural Products Expo East, which took place Sept. 21-24 at the Baltimore Convention Center in Baltimore, hosted more than 1,450 brands, including 450 first-time exhibitors. With more than 28,000 attendees, it was the largest show on record, growing by 10 percent, according to Boulder, Colo.-based New Hope Network, which produces the event.
The Alexandria, Va.-based National Beer Wholesalers Association (NBWA) hosted its 79th Annual Convention, Sept. 25-28 at the Hyatt Regency Chicago. Attendees learned about important issues that beer distributors and the industry are facing and sampled new products during a two-day Product Demonstration Showcase that included more than 160 exhibitors, including 35 breweries, highlighting more than 100 labels of beer.
St. Helena, Calif.-based Sill Family Vineyards announced it acquired the Ardente Estate Winery, an Atlas Peak AVA Napa winery. The property consists of 24.4 acres within the fabled Atlas Peak appellation, it adds.
Now that fall is here, it’s getting cooler outside, and I have been enjoying a wide variety of hot beverages, including apple cider, hot chocolate, coffee and tea. Yet, coffee remains my go-to drink, and it seems like I’m not alone in my quest for finding the perfect cup of java.
New Belgium partners with Been & Jerry's for sustainability initiative
November 14, 2016
Miller Lite named Santa Fe, N.M-based HoneyMoon Brewery as the grand-prize winner of the 2016 Miller Lite Tap the Future competition. HoneyMoon Brewery, which produces a probiotic kombucha tea with a touch of alcohol, took home the $200,000 grand prize. Now in its fourth year, Tap the Future is a business plan competition that offers entrepreneurs a chance to grow their businesses, the company says.
In its July 2015 report titled “Beverage Containers,” The Freedonia Group, Cleveland, forecasted that plastic beverage container demands will account for 148.8 billion units by 2019 in comparison to the 124.9 billion units in 2014, which equates to a 3.6 percent annual growth rate from 2014 to 2019.
CytoSport Inc., maker of Muscle Milk, is featuring seven college athletic programs on custom, limited-edition 14-ounce bottles to celebrate college football season. Partner programs include the Alabama Crimson Tide, Arizona State Sun Devils, Oregon Ducks, Syracuse Orange, Tennessee Volunteers, Texas A&M Aggies and the Texas Longhorns.
Protein-enrichment also popular trend among ingredient suppliers
November 14, 2016
Thousands of attendees descended upon Las Vegas for the annual SupplySide West tradeshow. Taking place Oct. 4-8 at the Mandalay Bay Convention Center, more than 1,200 exhibiting companies were present to detail the latest innovations in ingredients and services.
Dynamic Food Ingredients, Mitr Phol Group partner in natural sweetener solutions
November 14, 2016
Paul Magnotto, founder and chief executive officer of Chaska, Minn.-based Dynamic Food Ingredients, and Krisda Monthienvichienchai, chief executive officer of Mitr Phol Group, Bangkok, China, jointly announced that the companies have reached a strategic investment and partnership agreement to expand production of their natural sweeteners: erythritol and xylitol.
With health-and-wellness trends driving product innovation, protein is making its move throughout the aisles as 17 percent of new products contain protein, according to Chicago-based Information Resources Inc.’s August New Product Pacesetters report “Harvesting the Fruits of Innovation Done Right.”
Ford Motor Co.’s new F-Series Super Duty will offer Trailer Reverse Guidance, a technology that uses cameras to see more angles, monitor conditions surrounding the truck and provide real-time coaching guidance while maneuvering a trailer. The Super Duty is the first Ford vehicle to offer as many as seven cameras, three of which are used in Trailer Reverse Guidance. More than just digital rearview mirrors, the functions of these cameras include the following:
Before the adaption of WYSIWG, the acronym for what you see is what you get, printed documents, web pages and slide presentations required users to have in-depth knowledge of codes and markup tags. But, through the use of these system editors, communicating a product’s layout has simplified the process and opened the execution to those who might not possess advanced coding knowledge. As warehouse operations become more complex, software companies also are advancing their programs to ensure plant managers can benefit from that same ease of execution.
Whether it is beer-makers using treated grey water in their recipes or beverage facilities powering their plants with solar energy, the push to care for the planet’s resources is impacting every category within the beverage industry.
Throughout the supply chain, materials movement (logistics) is a vital and operating-cost consuming issue. This is especially true in the beverage market because once a case of a beverage is packaged, it is actually available for the consumer; however, realistically, the case is handled many times before it reaches its final destination on store shelves. There is no value added by any movement beyond being placed in storage or loaded directly for delivery.
Wilkens-Anderson Co. offers its SEAM360 as part of its line of quality-control equipment for cans. The SEAM360 is designed to improve speed and accuracy while eliminating human error and misinterpretation, the company says.
It’s an exciting time for those who love technology. As new advancements are released, it’s also exciting to see how they are impacting marketing. Alcohol and non-alcohol brands, alike, have been utilizing various digital platforms to educate, communicate and market to consumers. Recently, one particular effort caught my eye.