| News for the non-alcoholic refreshment beverage industry |  |
| Industry News |  |  |
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- RTD teas gain traction as consumers seek functional options
Sales of ready-to-drink teas are expected to grow to nearly $8 billion by 2014, according to statistics from Packaged Facts. The many health benefits of tea-drinking are widely promoted, giving rise to steady growth in the iced tea sector and projections of continued growth over the next five years. "Consumers want more from their beverages than just hydration or calories. They want great, satisfying, functional beverages that offer more than just refreshment. Tea is perceived in the industry as a healthy alternative," said John Harper Crandall, vice president of sales for Amelia Bay, a company that develops tea and coffee extracts. DairyFoods.com
(2/16)     
- Milk sales continue to slip, but flavored milks grow
As annual milk sales dipped overall in 2012, flavored milks saw an increase in both revenues and unit sales. The segment, which also includes buttermilk and eggnog, also had an overall negative performance, but standout brands include those that offer individual servings of flavored milk. DairyFoods.com
(2/15)
- Mid-Ohio names Coca-Cola as official soft drink
Coca-Cola has partnered with the Mid-Ohio Sports Car Course and The Mid-Ohio School in a multi-year contract that begins immediately. "We are incredibly proud to welcome the Mid-Ohio Sports Car Course to the Coca-Cola family and are excited to become a part of the racing tradition in Lexington, Ohio," said Ron Reidy, director of market unit on-premise sales for Coca-Cola. WTVG-TV (Toledo, Ohio)
(2/18)
- Retail sales saw slight rise in January
U.S. retail sales rose 0.1% in January, meeting economists' predictions, as the effects of increased job security and rising property values helped temper the impact of higher payroll taxes and gas prices, according to a Commerce Department report released Wednesday. Department stores, online retailers and grocers saw the biggest increase, the report says. Reuters
(2/13), Bloomberg
(2/13), USA Today
(2/13)
| Health and Nutrition | | |
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- Study: Diabetes management has improved but could be better
More than half of people with any type of diabetes meet or exceed at least one of three measures of good diabetes management, and 19% manage all three successfully, according to a study. The research has generated mixed feedback from health experts; it shows marked improvement compared with 1988, but there is much room for growth. "I see these findings as the glass is half full and half empty," said Dr. Joel Zonszein, director of the Clinical Diabetes Center at Montefiore Medical Center. "With so much more awareness of diabetes and with newer medications, it's very disappointing to see only 19% with good management." HealthDay News
(2/15)
| Marketing Report | | |
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- Study finds large marketing opportunity in Hispanic men
Marketers targeting Hispanic women might be missing their key market, according to Mintel research. A study found that Hispanic men tend to have greater influence on purchases made by their household as they get older, and the market for younger men who will grow into that role has remained untapped. "By failing to reach out to Hispanic men, brands and retailers will miss out on the chance to establish themselves as the first choice among a segment of shoppers poised to gain great influence in the coming years," said Leylha Ahuile, a senior multicultural analyst at Mintel. Convenience Store News
(2/15)
| Regulatory and Legislative Update | | |
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| ABA News | | |
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