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💫 Data Dive: Poppi and PRIME

Daily Briefing
Plus, this week’s new products͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BevnetJuly 12, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the beverage industry.
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📰 Today's Top Story

🔢 Data Dive: Prebiotic Pops Power Along, But PRIME Has Problems

🔢 Data Dive: Prebiotic Pops Power Along, But PRIME Has Problems

Summer is a time for sun, surf and, in our case, scanning piping hot reams of beverage sales data from NielsenIQ. 

With overall dollars up 4.2% in June, it’s been an auspicious start to the season, but where do things go from here? Before our eyes glaze over with digits and symbols, we are here to offer a few thoughts on the latest tranche of numbers. 

If consumers are worried about recent claims disputing Poppi’s good-for-your-gut reputation, they aren’t showing it at the register. 

In the weeks since the Texas-based company was hit by a widely publicized class action lawsuit, it has continued to perform, driving +147.8% volume growth in the four-weeks ended June 29, a nice jump over the 12-week gains (+129.9%) and ahead of its full 52-weeks numbers, though pricing has been trending downward over the past month.

Explore how our capabilities are helping to shape the coffee and tea beverages consumers enjoy.

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👉🏼 What You Need to Know 👈🏼

🆕 Products: Fresh Takes On Plant-Based Dairy, Co-Branded Drinks

🆕 Products: Fresh Takes On Plant-Based Dairy, Co-Branded Drinks

As we gear up for the weekend, there are plenty of new plant-based dairy drinks on tap. Here’s a look at the new beverages announced this week:

Califia continues to position itself as one of the go-to players in the alt-dairy coffee and tea category with a new Chai Almond Latte

💪 Ripple sees a future for itself in kid-positioned products as it unveiled its Shake Ups Protein Shakes intended for younger consumers (but to be enjoyed by all).

Stumptown Coffee has embraced the 15th anniversary of the beloved animated film “Coraline” by partnering with the movie’s production studio in a co-branded nitro canned coffee.

🍧 BodyArmor and Dude Perfect have launched their own collaboration that nods to a familiar summertime treat: berry ice pops.

🍻 Hoplark is at it again. This time it has brewed cornsilk and hops in a Mexican Lager-Style hop water that it will feature in a michelada (or Hop-alada) partnership with Miche Mix.

Check out the full new product gallery now on BevNET.

🎙️ Now Streaming: Taste Radio

💰 Can Kombucha Make A Comeback? Money Is Still Flowing… In Some Spaces.

💰 Can Kombucha Make A Comeback? Money Is Still Flowing… In Some Spaces.

It’s a “buy or sell” episode as the hosts opine about the future of online grocery shopping, fish sticks, and whether kombucha can recapture some of its magic (and sales). They also discuss Athletic Brewing Co.’s recent $50 million financing round and highlight a few fizzy and spicy new products.

Listen to the full episode now.

🚨 What You're Missing 🚨

  • How 'Star Power' is faring in the spirits space 
  • Why KeHE's CEO is keeping an eye on private brands
  • Details on Dunkin’ new tracks and what else is to come

Coffeeberry®: Sustainably Super Coffee Fruit Solutions

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Not all super fruits are created equal. When you need a superfruit that truly delivers, Coffeeberry® answers the call. Our versatile, sustainably sourced Coffeeberry solutions are rescued and repurposed to deliver clean functionality and powerful antioxidant polyphenols. Learn more

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    July 12, 2024 5:54pm

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  • Tags
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