Articles Tagged with ''beverage sales''

Whiskey

Spirits grow market share for 7th straight year

Irish whiskey drives sales for category
Barbara Harfmann
April 10, 2017
In celebration of their good fortune, the milkman Tevye and the butcher Lazar Wolf famously sing “To life, to life, l’chaim” while drinking shots of schnapps to their “good health and happiness” in the musical “Fiddler on the Roof.”
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craft brewers’ growth in the beer category

Craft brewers capture 12.3 percent share of beer market in 2016

BA releases infographic highlighting 2016 growth
March 29, 2017
In 2016, craft brewers produced 24.6 million barrels and saw a 6 percent rise in volume on a comparable base and a 10 percent increase in retail dollar value. Retail dollar value was estimated at $23.5 billion, representing 21.9 percent market share, the BA says.
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DPS announces 2016 results

Net sales up 3 percent for the year
March 15, 2017

Plano, Texas-based Dr Pepper Snapple Group (DPS) announced that reported net sales were up for the fourth quarter as well as the year.


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kombucha

Kombucha market up 41 percent

Health and wellness drives market, new products proliferate
Amanda Del Buono
March 10, 2017
Although it has been available in the U.S. beverage market for about 15 years, kombucha has gained broad consumer appeal within the past several years, according to New York-based Beverage Marketing Corporation’s (BMC) September 2016 report titled “U.S. Ready-To-Drink Tea through 2020.” As health and wellness has progressed from a niche interest to mass consumer appeal, this beverage segment has reaped the benefits.
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beer wine bottles

Drug stores struggle for growth, beverages outperform channel

Alcohol beverages experience unit sales increases
Amanda Del Buono
March 10, 2017
As consumers’ shopping behaviors continue to evolve, the drug store channel has seen a boon within beverage aisles. Although the channel is struggling to grow, beverages could offer potential for the channel going forward as these stores expand their offerings, says Evan Hoffman, industry research analyst at Los Angeles-based IBISWorld.
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BMC Water Chart

Bottled water becomes No. 1 beverage in US, BMC data shows

Volume up nearly 9 percent from 2015-2016
March 10, 2017

Capping a decades-long streak of vigorous growth, bottled water achieved a major milestone in 2016, when it surpassed carbonated soft drinks (CSDs) to become the largest beverage category by volume in the United States, according to New York-based Beverage Marketing Corporation (BMC). Total bottled water volume grew from 11.8 billion gallons in 2015 to 12.8 billion gallons in 2016, an increase of nearly 9 percent, which marked the third year of accelerated growth, the market research firm says. 


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Distilled spirits sector experiences accelerated growth in 2016

Category gains market share for 7th consecutive year
February 8, 2017

The distilled spirits sector achieved accelerated growth in 2016 with supplier sales up 4.5 percent to $25.2 billion, volumes up 2.4 percent to 220 million cases and a seventh straight year of market share gains relative to beer, the New York-based Distilled Spirits Council announced at its annual economic briefing for media and Wall Street analysts, sponsored by Spirited Funds.


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Tea sales exceed $7 billion in 2015, Packaged Facts says

Market research firm predicts category to reach $9 billion by 2020
December 19, 2016

Tea sales in the United States have shown strong growth in 2016, continuing the upswing in ready-to-drink (RTD) and refrigerated categories, according to Rockville, Md.-based Packaged Facts. In its new report “Tea and Ready-to-Drink Tea: U.S. Retail Market, 6th Edition,” the market research firm estimates tea sales slightly exceeded $7 billion in 2015, up almost 6 percent. By 2020, Packaged Facts expects retail sales of tea in the United States to close in on $9 billion for the first time, it says. 


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