Driver shortages are not the only labor constraint the beverage industry faces. And if the home is the hub, then consumers found that they wanted fully stocked pantries to reflect more time and meals at home. A feature story with Chris Reed in the Beverage Digest September 25, 2015 newsletter titled Surge in Craft Soda Interest a Boon for Pioneer Reeds prompted the invitation to participate in this prestigious event. Speakers include accomplished and knowledgeable experts on the most profitable non-alcoholic beverage market in the world. Our members are doubling down on driver recruitment and OhioBev will continue to work with our colleagues at Ohio Trucking Association on more solutions.

In the last five years, as beer sales have lagged and the company has begun transforming its portfolio, the stock has fallen 53%. The awards celebrate excellence and innovation across the global beverage industry. For Coke and Pepsi, the push into alcohol could help the companies eventual entry into a newer market with the potential for even greater growth: CBD drinks. United Kingdom Chris Reed, stated, As the leader in the craft soda industry, Im very excited to share my thoughts and insights into its future. We are honored to have Chris on the program and I am very excited that he has accepted our invitation to present, said Duane Stanford, editor of Beverage Digest. Since 2008 EventsInAmerica.com All Rights Reserved.

Consumers reached for hard seltzer cans or mixed their own cocktails while stuck at home during lockdowns and maintained those habits this year. Washington is the only jurisdiction where manufacturers can sell alcohol directly to retailers. In addition, Reed's products are sold through specialty gourmet, natural food stores, retail stores, convenience stores and restaurants nationwide and select international markets. In light of significant risks and uncertainties inherent in forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by Reeds that they will achieve such forward-looking statements. The company also said it will restrict its marketing to only target consumers 21 years of age or older. Its Coke System and Pepsi System map books profile the companies bottling systems in the U.S. Beverage Digest headquarters are located in 5124 Bowers Brook Dr, Lilburn, Georgia, 30047, United States, Beverage Digests main industries are: Food & Beverage, Manufacturing, Beverage Digest appears in search results as Beverage Digest, Beverage Digest/Maxwell, Beverage Digest Online, Beverage Digest Company L.L.C., Beverage-Digest.com, Web Hypertext Application Technology Working Group, Get Free Access to Beverage Digest Contacts Info. Some portions of this press release, particularly those describing Reeds goals and strategies, contain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as expects, should, believes, anticipates or words of similar import. The whiskey uses Coors malt and Rocky Mountain water, a touch that Coors said gave the spirits brand more credibility. OhioBev believes in protecting and advancing the non-alcoholic beverage industry in Ohio through collaboration and education with our members, legislators and community partners. If these lines get blurrier, states will have to get more careful about what falls in what category and where theyre allowed to be sold. It does not include THC, which is what gives cannabis users a high. Its all there from water to cannabidiol, including sharp Wall Street comment and the industrys top guns. I welcome this opportunity from Future Smarts to discuss current trends, opportunities and challenges, Reed concluded. For our industry, consumers are king. News and Reuters have also quoted the magazine. In response, drink companies are teaming up to benefit from each others expertise. For the latest COVID-19 updates from the Ohio Department of Health, please. Given this, demand for aluminum cans skyrocketed with brewers purchasing cans instead of filling kegs and our members filling more 12 packs of soda for grocery sales. It will distribute alcohol products made by independent brewers, while Hard Mtn Dew will be distributed by Blue Cloud, Pepsi bottlers and independent local beer distributors, according to Di Vincenzo. International Congress of Agricultural Sciences. If you continue to use this site, you consent to our use of cookies. Largest database of verified shows since 2015, Detailed profiles of verified trade shows, conferences and consumer shows. Dont miss out on having your innovations recognised on a global scale.

Its another step in the companys pivot beyond beer, which included dropping Brewing from the company name in favor of Beverage. 7 Kingsmead Square Corona Seltzer has reformulated its recipe to rejuvenate sales, while Bud Light Seltzer has focused on introducing seasonal variety packs and new lines. We will have challenges. For their part, nonalcoholic companies are diversifying their portfolios as soda consumption shrinks and new regulated beverage markets, like CBD-infused drinks, are on the horizon. Bath, BA1 2AB Other product lines include Reed's Ginger Candies and Reed's Ginger Ice Creams. The company was founded in 1982 by Jesse Meyers and sells premium market intelligence and data. But the NBWAs main argument centers on Pepsis potential impact on the competitive environment and, thus, the three-tier system that has long governed the alcohol industry. Beverage Digest Future Smarts will give attendees a comprehensive review of the most important events of the past year and a road map for what's coming next year. As Coke and Pepsi move beyond soda, some beverage giants are adding the product to their drink lines. Yet despite price increases on beverages, consumer demand still outpaced supply for many beverages from favorite sodas to sparkling water and everything in between. Beverage Digest organizes conferences each year, where senior executives in the industry share their view on trends. There are premium dollars going into ready-to-drink canned products in a cooler, and theres growth again, said Barclays analyst Lauren Lieberman at Beverage Digests Future Smarts virtual conference in early December. Would you like to be interviewed by FoodBev Media or share a recent innovation with us?

Our industry (and most consumer packaged goods companies) faced significant headwinds this year. CBD, or cannabidiol, is derived from the marijuana plant and some people believe it provides therapeutic relief. Getting themselves into the regulated beverage market with alcohol, that gives them a foot in the door to potentially continue to be in the regulated beverage market with CBD in the future.. We use small files known as cookies to enhance your experience of the FoodBev website and analyse site-traffic. While Reeds is working to achieve those goals and strategies, actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Castle Malting stands with the Ukrainian refugees! Youll also have access to meaningful networking opportunities with professionals from manufacturing, marketing, finance, investment, supply chain, distribution and more. Coca-Cola launched Topo Chico Hard Seltzer with Molson Coors Beverage in the U.S. in early 2021 as hard seltzer consumption soared. Beverage Digest Future Smarts 2021 Reeds undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Editor & Publisher: Duane D. Stanford, Jr. News and information for the non-alcoholic beverage industry, This page was last edited on 27 June 2022, at 23:07. And while some distillers might grumble about a beer giant edging into their territory, Coors noted that the two industries have been battling for some time, with spirits companies pushing canned cocktails. However, Pepsi is entering uncharted regulatory territory as their product lines blur. This rise in discretionary income flanked a rise in spending on home improvement, and more at home meals. Our one-day conference includes on-stage interviews, presentations, data snapshots, panels, networking breaks and the Beverage Digest Awards presentation ceremony. USA Today often bases stories on information first published in Beverage Digest.[15]. We use small files known as cookies to enhance your experience of the FoodBev website and analyse site-traffic. We have a big vision for our craft sodas and feel that we are one of the most disruptive new beverage concept in a long time. Click the OKAY button at the top right of this panel to accept or click here for more information. Contact us for more information at marketing@castlemalting.com . Create your event and attract attendees and exhibitiors, Listing tools for verification, institution and corporation. The beverage giants stock has risen 40% in that time. [12][13][14] One speaker predicted that this home as the hub behavior will continue into 2022. According to IWSR, U.S. hard seltzer volume surged 130% in 2020, helping the ready-to-drink category overtake spirits consumption, although growth has slowed this year.

The flavored malt beverage will contain 5% alcohol by volume and sell on the sodas brand equity without the high caffeine content. Boston Beer said the design of Hard Mtn Dew cans will feature adult-oriented graphics and emphasize that the drink contains alcohol as part of its efforts to separate the alcoholic beverage from the soda. While PEP will contend that it does not offer slotting fees as a rule in the US, any such perceived payments for placement on PEPs part (whether direct or indirect), or any signs of camouflaging such payments could have significant implications (including fines and/or alcohol license suspension) for PEP and its distributors, Powers wrote. Coca-Cola, on the other hand, has seen its revenue climb 9.9% over the last five years to $10 billion in its latest quarter. The awards celebrate excellence and innovation across the global beverage industry. The company celebrated 25 years of hand-crafting the best sodas in the world, naturally, in 2014. CHTEAU ABBEY (CHTEAU MONASTIQUE for the US market). In the future, they may push more aggressively into those categories, or choose acquisitions over organic growth. [6][7][8] The Los Angeles Times also cites the magazine as an authority in various stories. Many consumer goods companies pay retailers slotting fees for more shelf space or premium territory in grocery stores. In 2012, the Company launched its Reed's Culture Club Kombucha line of organic live beverages. It is a true honor to be acknowledged as an innovator and pioneer in the craft soda movement. The New York Times has based a number of articles in part on information first published by Beverage Digest. Our brewing process uses the finest, fresh raw ingredients, and does not use commercial ingredients like artificial flavors, preservatives or colors. Anheuser-Busch InBev, the largest alcohol producer in the U.S., self-distributes in some markets. Reeds, Inc. single day. 1170 Old Henderson Rd # 201, Columbus, OH 43220. This process put Reeds on the map, and we have grown to become the top-ranked soft drink in the natural food channel today and the fastest growing of the top 50 soda companies in mainstream supermarkets. 2022 will feature more projects to boost the recycling rate and generate more recycled PET plastic so our bottles can be remade into new bottles. Another theme that emerged from Future Smarts is the surge in consumer demands fueled by more time at home and more discretionary income to spend. Speakers predict more of the same in 2022 with rising costs and increased efforts to keep price increases in check. Youll also have access to meaningful networking opportunities with professionals from manufacturing, marketing, finance, investment, supply chain, distribution and more. In the hunt for growth, beverage companies are experimenting in new categories, blurring the lines between beer, soft drinks and spirits to become powerhouses fighting for consumers so-called share of throat. But some alcohol companies worry about the potential implications of such a change on the three-tier system, which has kept that industry alive and legal for 88 years. Beverage Digest publishes one of the industrys most influential newsletters covering the non-alcoholic beverage industry and holds two conferences a year -- Future Smarts and Wall Street Smarts. Its all there from water to cannabidiol, including sharp Wall Street comment and the industrys top guns. The Food and Drug Administration currently forbids selling food and drinks with CBD in it, making the beverage industrys biggest players cautious to try it in the U.S. Upstarts like Recess Sparkling Water and Empress Teas, however, havent been as reluctant. MKM Partners analyst Bill Kirk wrote in a note to clients that he predicts Bud Light Seltzer and Constellation Brands Corona Seltzer will get pulled from the market. The alcohol industry is on edge, waiting to see whose products become consumers new favorites and whose disappear from shelves after failing to catch on. Beer was the only category to see declining volume, true to a yearslong trend. FoodBev Media Ltd. 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