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Tag: Beverage Industry
Insights
Imbibe Shares Expertise to Develop New Products with Familiar Brands through Collaboration
Consumers embrace brand collabs, with 71% supporting this trend. Examples include Coca-Cola's partnership with Constellation Brands for Fresca Mixed and with Molson Coors for Topo Chico Hard Seltzer and Simply Spiked Lemonade.
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Intel on Immunity: Imbibe Speaks on Current Trends, Formulation Challenges, and More
Consumers seek tasty options with immune-boosting ingredients, including citrus flavors. Interest spiked during the pandemic, leaving room for innovation, especially in gut health products, considering the strong connection between gut health and immunity.
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Imbibe Predicts More Products Will Be Good for You and Good for the Planet
Consumer habits have shifted during the pandemic, with DIY bartending and health-conscious choices becoming norms. Functional beverages meet these demands, with the North American market projected to grow steadily.
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Imbibe Cites Healthier Lifestyles for Kombucha Growth
The rising focus on health and wellness, particularly immunity and gut health, has driven interest in kombucha, contributing to its projected market growth to $7.05 billion by 2027.
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Focusing on gut health may help with overall wellness and increased libido
Social media, particularly TikTok and Instagram, boosts interest in probiotics with over 107 million views on TikTok and 30% growth of #probiotics on Instagram. This trend aligns with a 30.6% increase in probiotic consumption over five years.
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Imbibe names energy, immunity, and gut health as top benefits grabbing consumer attention
Erin Costello of Imbibe notes diverse interpretations of health amid the pandemic. Focus shifts to immunity, gut health, and energy, driving growth in fortification across beverage categories.
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Imbibe Predicts More Products Will Be Good for You and Good for the Planet
Mood-regulating products are on the rise, with Nightfood's sleep-friendly ice cream and items catering to sexual satisfaction. Artificial intelligence aids innovation, exemplified by NotCo's AI-generated NotMilk, enhancing product development and predictive marketing.
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Fluid Situation: How Consumer Behavior is Influencing the Beverage Market
Pandemic amplifies this focus on personal and planet health, with 43% reducing waste and 32% eating in moderation, as per Innova Market Insight’s survey.
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Bright future for beverages? Why functional drinks are likely to grow post-pandemic
Immunity-supporting drinks lead the trend, with 46% of consumers interested. Expect diverse functions and convenience to drive future innovations, says Imbibe's Erin Costello.
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