Beverages

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The popularity of oatmilk, the fastest-growing plant-based milk product, continues to soar, and today marks a major moment for fans of the popular dairy alternative or anyone eager to experience the rich, creamy taste of oatmilk for the first time. Dunkin' is bringing oatmilk coast-to-coast, adding vegan-friendly*, gluten-free oatmilk to menus at all of its restaurants nationwide.

NEW SPEAKER ADDED... Finding the sweet spot for taste, texture and nutritional profile is a challenge for beverages because consumer sentiments about desired product attributes often change. 

Manufacturers introduced original product lines with classic fruit flavors such as lime, lemonade, black cherry, mango, watermelon, and pineapple. As hard seltzer popularity has expanded across the globe, new competitors and flavor varieties have emerged. Companies experimented with additional flavors such as cucumber, mint, and fruit fusions.

Florida Food Products acquired Amelia Bay, LLC., a provider of fresh brewed tea extracts, coffee extracts and botanicals based out of Johns Creek, Ga. The acquisition will strengthen FFP's position in the clean label ingredients space by adding a beverage platform to its broad portfolio of natural products within the meat, savory, health and wellness markets.

In the past few years, retailers and restaurants alike have seen a swift rise in nut milks, coconut milk and most recently, oat milk. These growing options are all tied into greater consumer demand for plant-based alternatives.

CHERRiSH is a functional beverage with health properties to strengthen a natural line of defense. The company announced that its 12oz ready-to-drink 100% Montmorency tart and sweet Bing cherry juices are now available in the produce section of 61 Washington and Oregon QFC stores.   

Nestlé® Pure Life® Purified Water is making water more fun for parents and their kids with the introduction of Nestlé Pure Life Fruity Water, a new, refreshing flavored water collection. Fruity Water is 100% pure quality water with a touch of natural fruit flavors and electrolytes for taste

In the brand new report US Beverage Market Outlook 2020: Grocery Shopping & Personal Consumption in the Coronavirus Era, market research firm Packaged Facts forecasts that sales of major beverage categories will increase from $150 billion in 2019 to more than $160 billion by the end of 2020 and will eventually exceed $170 billion in sales in 2024.

Beverage USA Holdings Inc. announced the acquisition of the assets of Nerd Beverage Corporation, a mental acuity drink company designed to disrupt the industry as it enhances focus, concentration, memory and energy with powerful nootropics and performance-boosting nutrients.

Chobani announced several new food and drink innovations that harness the power of good food with nutritional value. Innovations debuting at grocery and retail stores nationwide include Chobani Probiotic, refreshing and fruity plant-based beverages, and Chobani Complete, lactose-free Greek Yogurt food and drinks filled with protein and amino acids.