Beverage Industry’s October issue spotlights our 2022 Executive of the Year: John Fieldly, CEO of Celsius Holdings Inc. This issue also highlights the U.S. bottled water market as well as details on the adoption of CBD, THC and hemp ingredients within beverages. Also in this issue are articles on the natural and organic channel, ingredients fueling performance beverages as well as the growing need for voice picking solutions in beverage warehouses.
John Fieldly, CEO of Celsius Holdings Inc., has seen the company not only produce clinically backed energy drinks that today’s consumers demand, but also demonstrates the discipline to produce a true return on investment to shareholders.
At the end of last year the global autonomous last-mile delivery market was expected to reach a total value of nearly $13 billion. By 2030, that number is expected to increase more than seven-fold to $90.21 billion, according to a report titled “2022 Autonomous Last Mile Delivery Market,” published by Allied Market Research.
With eCommerce, SKU proliferation and labor shortages posing additional challenges to beverage operations, experts note that voice picking solutions can help simplify the complex challenges warehouses now face.
In beverage operations, where speed, agility and accuracy bring advantages, experts note that artificial intelligence (AI) is making the future of warehouses more dynamic.
Although cannabis beverages still are a niche market, the interest in this space remains expansive as ingredient suppliers have advanced the quality of CBD, THC and hemp solutions.
Today, as more consumers continue on a functional beverage course, experts note that as such, many are turning to performance beverages to help manage their overall well-being.
The Distilled Spirits Council of the U.S. records that pre-mixed cocktails was the fastest-growing spirits category in 2021. One thing’s for sure, more new ready-to-drink (RTD) cocktail launches will be executed. When the dust settles, which RTDs will have earned a precious place in consumers’ repertoires, and which will have lost their stake?
The inventory issue always has and continues to be a complex and costly subject for beverage producers and distributors. Today, there are more brands, categories, packages and economic factors that must be considered in the inventory level setting process.