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Schrobbelèr B.V., a Dutch herbal liqueur manufacturer, faces challenges that are familiar across the food and beverage industry, including changing consumer preferences, increasing demand for diverse products, and heightened competition.

The U.S. trucking industry continues to face a significant challenge: a shortage of drivers. As older drivers retire, fewer younger individuals are entering the profession. The industry is exploring several solutions to address this issue. 

There has been a rise in weekly consumption of hot coffee specialties, influenced by the current cost-of-living crisis driving consumers to seek affordable luxuries. Furthermore, there has been an impact from rising prices on luxury-related beverage categories and a shift toward more economical alternatives in the soft drink category.

While the alternative adult beverages market grew by 7.5% a year or 426% in total since 2002, the total beer market has declined more than 5% in total during this period. This disparity underscores the macro movement to these flavored forward, more modern products.

The Coca-Cola Co., Atlanta, announced the launch of Coca-Cola Lens, an insights platform focused on growth, and designed to empower operators in the foodservice and retail industries to make data-driven decisions. 

Within the beverage industry, AI is being applied to understand consumer behavior, which is expected to lead to more accurate predictions, experts note.

Non-alcohol beer’s presence as substitute for its beer counterparts is helping the category retain consumers as some look to moderate their alcohol consumption.

Premiumization trends have allowed imported beers to resonate with consumers, but with inflation concerns and a potential recession, analysts express caution for the beer segment.

U.S. beer consumers also are showing their openness to change as they explore the beyond beer segments, including hard teas.