Articles Tagged with ''State of the Beverage Industry''

PepsiCo and The Coca-Cola Co

2020 State of the Beverage Industry: Tea market sales relatively flat

Consumer demand enables companies to charge more for unique blends
Barbara Harfmann
June 24, 2020

Despite the fact that tea market sales have remained relatively flat, there have been small pockets of growth in the $6.1 billion ready-to-drink (RTD) tea category, which saw a compound annual growth rate (CAGR) of 2.2 percent from 2013-2018, noted Los Angeles-based IBISWorld’s December 2018 report titled “RTD Tea Production in the US” in the June issue of Beverage Industry.


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Ascent Recovery Water

2020 State of the Beverage Industry: Functional sports, protein drinks growth continues

Consumers demand convenient hydration, muscle-recovery
June 24, 2020
As consumer focus on health and nutrition increases, the beverage market is booming with a variety of functional beverages that cater to sports and muscle recovery, hydration and convenience. In addition, the market is projected to grow, especially as ingredient manufacturers release innovative ingredients optimized for both efficacy and portability.
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Juice and juice drinks

2020 State of the Beverage Industry: Juice and juice drinks see slight uptick in sales

Low-sugar juices resonate in marketplace
Barbara Harfmann
June 24, 2020
After several years of declining sales, refrigerated orange juices, fruit juices and lemonades are experiencing upticks of 7.1 percent, 6.2 percent and 8.8 percent, respectively. Yet, the juice and juice drinks category is experiencing its share of twists and turns as health-conscious consumers are turning away from traditional juices with high sugar content and seeking lower-sugar options.
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