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Industry News
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Keurig Dr Pepper reported strong third-quarter results, with net sales rising 10.7% to $4.31 billion, surpassing analyst expectations. Spurred by 4.2% favorable net pricing and a 6.4% increase in volume/mix, net sales growth prompted the company to raise its full-year sales outlook to high single digits.
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| The new facility will replace this nearby juice/cranberry sauce plant (Lassonde) |
Lassonde Industries is set to build a $200 million, 200,000-square-foot juice factory in Upper Deerfield Township, N.J., next to its existing plant. The company plans to enhance efficiency and production with the new facility, which is slated for partial opening next year and full operation by 2027.
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| (Coca-Cola) |
Coca-Cola is bringing back Mr. Pibb with a new flavor and more caffeine. The revived soda will have a stronger cherry flavor, caramel hints and 30% more caffeine than Pibb Xtra. Mr. Pibb and Mr. Pibb Zero Sugar will be available in Florida and the Midwest and on the West Coast before expanding nationwide.
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Health And Nutrition
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Vive Organic has introduced Energy Extra Strength and Energy + Focus shots to address specific wellness needs. Energy Extra Strength offers 150 milligrams of caffeine and cordyceps mushroom for improved endurance and performance, while Energy + Focus contains 75 milligrams of caffeine, L-theanine and Lion's Mane mushroom to enhance mental clarity and calm energy.
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Marketing Report
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| Noah Kahan has partnered with Culture Pop Soda. (Culture Pop Soda) |
Noah Kahan has announced a multiyear collaboration with Culture Pop Soda, a brand known for its probiotic sodas made from natural ingredients. Kahan, who has been nominated for two Grammys, praises the soda for being "refreshing, not too sweet" and beneficial for gut health. Culture Pop Soda CEO Tom First says Kahan's authenticity aligns with the brand's values of simplicity and realness.
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Free eBooks and Resources
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ICYMI: The most popular story from the previous issue
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Tetra Pak has added new sizes of aseptic beverage containers to its lineup as protein shakes and ready-to-drink coffee have become more popular among consumer packaged goods. The company introduced the new options at Pack Expo Las Vegas.
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ABA News
You can follow American Beverage on X! Stay updated on the latest beverage industry news and initiatives. Follow us today @Ameribev.
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