The June 2023 issue of Beverage Industry features a look at Waterloo Sparkling Water, and their efforts to support healthy, active lifestyles. We also feature the Top 100 Beverage Companies of 2022, and much more!
Beverage Industry identifies top performers of past year
June 8, 2023
Based on 2022 fiscal year sales, this year’s Top 100 Beverage Companies report, compiled by the editors of Beverage Industry, has seen a collection of long-running entities exit the list as they merged or were part of an acquisition.
Consumers gravitation toward healthy drinks is helping the tea market compete against other beverage categories, while its functional properties also resonates with shoppers.
Within the beverage industry, AI is being applied to understand consumer behavior, which is expected to lead to more accurate predictions, experts note.
In the beverage industry, packaging talks. Inks and coatings suppliers are highlighting the technology that makes a brand unique and enhances its individuality.
Beverage-makers are seeking out inspiration across all aspects of the shopping experience to develop merchandising sets that will help their products stand out from the crowd.
As beverage operations increasingly need more product storage space, optimized picking processes and loading to accommodate SKU growth, experts note that space constraints, automation, and facility age are just a few factors influencing new facility builds.
As operations work to maximize productivity at every turn, experts note that by integrating technology like telematics or operator assist solutions, facilities can reduce labor costs, while boosting productivity.
Electric vehicles seem to take up most of the oxygen in the room any time someone mentions alternative fuels, but there are other options. Among those is propane autogas, which has a number of advantages going for it.
The concept of Ghostfish Brewing — which is a 100% gluten free brewery — began in 2011 or 2012 Brian Thiel notes. The doors to the Seattle taproom eventually opened in February 2015.
In the consumer packaged goods market, brand loyalty has been vital for the long-term health of these products and services. Yet, as today’s consumers feel the pinch of inflation, research shows that price increases are challenging shoppers’ loyalty to brands.
In a post pandemic world, data shows that alcohol companies are being more cautious with advertising budgets and exploring other forms of marketing or advertising to reach their target audience.