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Briefs: August 22, 2024

August 22, 2024
A collection of recent developments from around the industry to keep you up to speed...
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Briefs: July 16, 2024

July 16, 2024
A collection of recent developments from around the industry to keep you up to speed...
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PepsiCo’s Q2 Snack Performance Stirs Concern Over Consumer Sentiment

Frito-Lay Noise Masks Improving PBNA Trends, However
July 16, 2024

Exec Says PBNA Focus is Total Beverage Portfolio and Profitability.

PepsiCo’s noisy second-quarter earnings report driven by Frito-Lay underperformance overshadowed an improved trend at PepsiCo Beverages North America (PBNA). On July 11, PepsiCo reported organic sales and volume performance that fell short...


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Opening Thoughts: June 20, 2024

June 20, 2024

Let me catch you up on what we’re planning for this year’s Future Smarts conference on Dec. 16 in New York City.

Just this week we announced that Coca-Cola President and CFO John Murphy has joined our program. The 36-year Coke veteran has a massive job overseeing the financial strategy for a global company with a $270 billion market cap. That’s not all. The Global Ventures operating segment that reports to Murphy is responsible for scaling globally Coke’s Costa Coffee business, as well as the company’s almost decade-long strategic partnership with Monster Beverage.

Speaking of Monster Beverage, the company is headed for a changing of the guard in the coming years, as you’ll read in today’s newsletter starting on page 3. The evolution of Coca-Cola’s relationship with Monster will be one to watch. At Future Smarts, I’ll certainly ask Murphy for his view on this important relationship and the future of the energy drinks category.

In fact, Swire Coca-Cola CEO Rob Gehring, who will soon leave to join Monster as chief growth officer, is a past Future Smarts speaker from 2021. That illustrates our priority to host the brightest leaders who are in a position to shape the future of the beverage industry.

Already announced so far for this year’s Future Smarts is Reyes Coca-Cola Bottling CEO Bill O’Brien, and former Boston Beer CEO Dave Burwick. As we...


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Q1 Category Performance: RTD Coffee and Tea Decline. Protein Shakes Grow

STōK RTD Coffee on Fire. Fairlife Core Power Grows Volume and Dollars
June 20, 2024

Danone grew ready-to-drink coffee volume sales during the first quarter of this year by +7.2%, taking an additional +3.2 share points in the category. The result was driven by STōK, which aired...


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Territory Changes and Deals: Atlantic Coke, Suja Life, Cheerwine, Coke Africa, Clinton's Ditch Coop, Hop Wtr, Novelis, and More

June 6, 2024
Collection of key deals from around the industry so you don't miss a beat..
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2023 All-Channel Results: LRB Dollars Rose. Volume Fell. Dr Pepper Edges Out Pepsi-Cola as No. 2 CSD Brand

Most Top-10 LRB Trademarks Posted Dollar Growth, Volume Decline
May 23, 2024

Liquid refreshment beverage sales across all US measured and unmeasured channels in 2023 grew +7.9% by...tables included:

Table 1: U.S. LRB Category Volume and Dollar Performance FY2023

Table 2: Top U.S.Carbonated Soft Drink (CSD) Brands* FY2023

Table 3: Top U.S. Liquid Refreshment Beverages (LRB) Trademarks* FY2023


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Opening Thoughts: May 23, 2024

May 23, 2024
Looking for in-depth sales results and other statistics across the US non-alcoholic beverage industry for 2023? The Beverage Digest data team has just released the 29th Edition of the our annual Fact Book. These performance results differ from the quarterly data published in BD’s newsletter because they include sales of packaged and fountain drinks across all channels, including retail stores and foodservice outlets. This is some of the best data you can get for the price.

Today’s special issue is a top-level view of that annual all-channel Fact Book report. The following pages cover major beverage companies, categories, trademarks, and brands. It’s your quick reference guide to how the biggest players are performing in both liquid refreshment beverages and carbonated soft drinks, and it provides a snapshot of the intense competition in the US beverage business.

For much more detail into the numbers, you’ll want to purchase the full Fact Book, available HERE. This deep report covers CSDs, packaged water, sports drinks, energy drinks, juice, and ready-to-drink coffee, and tea. It includes charts and tables breaking down last year’s results and trends. A comprehensive set of “Datasheets” in Excel format provides brand level detail, grouped by company and category.

This Fact Book and all-channel data is based on Beverage Digest’s evaluation, analysis, and estimates of information obtained both publicly and from confidential sources. The team has organized and maintains the data within a relational database. Our annual industry estimates are fine-tuned as we develop new information.

For nearly three decades, Beverage Digest’s Fact Book has become a trusted tool for the industry, and we are proud to bring you the following overview...


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Executive Q&A: Keurig Dr Pepper CEO Tim Cofer, Executive Chairman Bob Gamgort

Company Has ‘One Leader,” Gamgort Says of Leadership Transition to Cofer
May 8, 2024

Among Priorities, Cofer Looks to Add Scale to Owned DSD Network.

Gamgort Offers View of Dr Pepper Territories Handled by Coke and Pepsi.

In RTD Coffee, Execs See Chance to ‘Carve Out a Space.’

Full Ownership Not Requirement in Partnership Deals.

Distribution of Athletic Possible?

Plus: Dr Pepper Reaches Milestone in 2023.

Keurig Dr Pepper has a new leader. The company’s board promoted COO Tim Cofer to CEO on April 26 as planned and appointed him to the board. He succeeds...


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Opening Thoughts: May 8, 2024

May 8, 2024

Dr Pepper reached a milestone in 2023, as you’ll learn in today’s newsletter. The brand’s regular-calorie version ended the year... In an interview in this issue (see article), Keurig Dr Pepper’s new CEO Tim Cofer and the company’s previous CEO, Executive Chairman Bob Gamgort, discuss how they plan to maintain Dr Pepper’s performance, including through the recruitment of young consumers. They also address their vision for expanding KDP’s company-owned distribution system, including for brands such as Dr Pepper (which has been a hot topic this week).

You can find these Dr Pepper performance details and much more in BD’s Fact Book, 29th Edition, which we just released last week (order HERE). This in-depth resource covers 2023 sales results and data across the US non-alcoholic beverage industry. The data differs from...


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