Driven by format familiarity, consumers’ desire to avoid alcohol, and new cannabis markets becoming operational, beverage is one of the fastest-growing segments, outpacing the growth of the overall edibles category.
New categories and genuine novelty flood retail shelves
January 27, 2020
Over the past 10 to 20 years, the ripples of change in the global soft drinks market have threatened to become tidal waves, with new categories emerging constantly and genuine novelty flooding the shelves.
Category segment has been fueled by a consumer shift away from carbonated soft drinks to healthier alternatives
June 29, 2015
Long Island Iced Tea Corp., a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, announced that it achieved a 109% annual sales growth for the last 12 months ended March 2015.