Naked Juice ― a brand of Tropicana Brands Group, a joint venture between PAI Partners and PepsiCo ― launched two new smoothies: Orange Vanilla Crème and Key Lime.
Dairy-alternative beverages have become mainstream, signifying a new era for the dairy category. Although market share is on the rise, traditional dairy milk still commands the lion’s share.
Limited-edition beer available through end of 2021
September 7, 2021
SweetWater Brewing Co. LLC, Atlanta, launched Non-Dairy Almond Milk Stout, a fresh take on classic dairy milk stouts packed with bold flavors, but with a unique twist, the company says.
While the dairy category as a whole remains fairly stable, various sub-segments demonstrate a slowdown, including in traditional milk and soy-based milks. Almond milk and other alternatives, however, are seeing an upward trajectory.
Historically known for its value attributes, private-label beverages are getting a premiumization boost as consumers also seek quality from these cost-friendly products.
For the past several years, dairy milks have been on a downward trajectory. Yet, the pandemic and consumers working from home has reinvigorated the $16.3 billion dairy milks category. In the plant-based dairy alternative market, almond milk is No. 1, but oat milk has surpassed soy milk.
Innovation also company’s first entry into eCommerce
October 23, 2020
Dallas-based Mooala announced the introduction of a line of shelf-stable plant-based milks and creamers. Best known for its plant-based Bananamilk, Mooala is expanding its portfolio to include new, non-perishable versions plant-based milks and creamers.