Corporate Profiles - 2021 - 32

INDUSTRY REVIEW: BEVERAGES
Coca-Cola's energy drink line risked falling behind in the long term due to a
lack of flavor dynamics and health-halo claims. "
JUICE GETS A JOLT
Total US juice sales jumped nearly 11% in 2020 as consumers purchased
products with immune-supporting benefits during the pandemic, according to
Mintel. The increase came after a decline of 3.6% from 2015-19.
" The juice market as a whole faces a narrow window of opportunity to
remind consumers that juice is a tasty way to ensure vitamin needs are being
met and to refresh category offerings and perception with options that
meet contemporary functionality to encourage consumers to keep products
in their routine moving forward, " said Caleb Bryant, associate director, food
and drink for Mintel, in an Aug. 4 blog post. " Three in five consumers agree
that the addition of functional benefits would encourage them to purchase
more juice. "
Tropicana Pure Premium was the leading orange juice brand with US retail
sales of $925 million for the 52-week period ended July 11, according to IRI
sales figures, but PepsiCo sold the Tropicana brand, along with Naked and other
juice brands, to PAI Partners for about $3.3 billion.
LEADING REFRIGERATED
orange juice vendors
1 Tropicana Dole Beverages
2 Simply Orange Juice Co.
3 Citrus World, Inc.
4 Coca-Cola Co.
5 TWS Marketing Group, Inc.
6 Orchid Island Juice Co.
7 Uncle Matt's Organic
8 Johanna Foods Inc.
9 FreshCMonstero Ltd.
Private label
Total
LEADING REFRIGERATED
orange juice brands
1 Tropicana Pure Premium
2 Simply Orange
3 Florida's Natural
4 Minute Maid Premium
5 Homemaker Premium
6 Natalie's
7 Citrus World Donald Duck
8 Uncle Matt's Organic
9 Tree Ripe
Private label
Total
% change
from
Dollar sales
$923,525,982
$761,575,663
$326,645,377
$156,385,855
$46,880,894
$30,110,756
$22,102,043
$13,042,195
$11,931,299
$631,916,755
$3,012,343,348
year ago
3.1%
3.8%
7.4%
-19.2%
-3.6%
10.2%
6.9%
-2.9%
3.4%
3.0%
1.5%
% change
from
Dollar sales
$924,665,779
$761,575,663
$354,079,981
$166,714,199
$46,880,894
$30,110,756
$13,042,195
$11,931,299
$9,849,225
$631,916,755
$3,012,343,348
year ago
2.7%
3.8%
8.0%
-18.9%
-3.6%
10.2%
-2.9%
3.4%
13.8%
3.0%
1.5%
COLD-BREW BUSINESS BOOMS
Cold brew was the fastest-growing segment in the ready-to-drink coffee
market over the past three years, according to a June 14 report from Zenith
Global, Bath, United Kingdom.
Global cold-brew volumes in 2020 reached 28.3 million liters and an overall
retail value of $215 million. Zenith Global forecasts consumption of coldbrew
volume to double by 2025 as consumers of all demographics seek a more
refined, smoother-tasting innovative beverage.
BOTTLED WATER STILL STRONG
COVID-19 did not slow down bottled water sales, according to data from
Beverage Marketing Corp., Alexandria, Va., Americans consumed 15 billion gallons
of bottled water in 2020, up 4.2% from 2019. Retail dollar sales grew
4.7% to reach $36.3 billion.
US retail sales of bottled water reached $15.4 billion in the 52-week
period ended July 11, according to IRI, which marked a 9% increase from
the previous 52-week period.
Aquafina was the top-selling brand with
sales of $730 million, up 4.2%. Glaceau smartwater sales increased 19%
to $445 million.CP
LEADING CANNED AND BOTTLED
tea vendors
Dollar sales
1 Pepsi Lipton Tea Partnership North America
2 AriZona Beverages USA LLC
3 Keurig Dr Pepper
4 Coca-Cola Co.
5 Guayaki Sustainable Rainforest Products
6 Monster Beverage Corp.
7 Peace Tea Beverage Co.
8 Honest Tea Inc.
9 Crystal Geyser Water Co.
Private label
Total
LEADING CANNED AND BOTTLED
tea brands
1 Lipton Pure Leaf
2 AriZona
3 Lipton
4 Gold Peak
5 Lipton Brisk
6 Lipton Diet
7 Diet Snapple
8 Snapple
9 AriZona Arnold Palmer
10 AriZona Arnold Palmer Lite
Total
% change
from
Dollar sales
$556,361,068
$417,553,320
$328,965,770
$270,592,552
$156,102,373
$154,392,812
$144,604,712
$139,348,177
$91,000,294
$62,407,074
$2,648,930,265
Data for 52 weeks ended July 11, 2021
Total US - Multi-outlet with C-Store (Supermarkets, Drugstores and Mass Market Retailers, Gas/C-Stores, Military Commissaries and Select Club & Dollar Retail Chains)
Source: IRI
32 \ October 2021
Milling & Baking News * Food Business News * Baking & Snack * Meat+Poultry * Pet Food Processing * Dairy Processing
Corporate Profiles
year ago
17.2%
5.8%
17.7%
11.8%
7.3%
11.9%
2.4%
-0.6%
3.5%
11.0%
9.4%
$1,217,843,548
$585,072,397
$298,118,879
$270,667,084
$57,332,452
$39,564,354
$31,713,892
$26,121,288
$15,490,061
$22,742,947
$2,648,930,265
% change
from
year ago
14.8%
5.8%
-0.1%
11.9%
36.6%
-20.2%
47.4%
-1.7%
8.2%
10.7%
9.4%

Corporate Profiles - 2021

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