The fastest growing beverage brands are those that have tapped into the consumer’s evolving demands, bringing to the table innovative products that combine taste, convenience, affordability and sustainability. In this episode of the Xtalks Food Podcast, Sydney talks about the top three fastest growing beverage brands in 2023 and what’s driving their success. The list is based on the Financial Times’ ranking of The Americas’ Fastest-Growing Companies 2023, a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2018 and 2021. First is Athletic Brewing Company, a direct-to-consumer (D2C) business that specializes in producing non-alcoholic craft beer. Second is Iconic Brands, a vertically integrated beverage company offering a unique portfolio of wines, spirits, alcoholic ice pops, ready-to-drink (RTD) cocktails and mixers. And third on the list is Smith Teamaker, an integrated, omni-channel luxury tea company. The team is not surprised that beverage giants like Coca-Cola and Pepsi did not make the list and praise these companies for tapping into burgeoning markets.
Also in this episode, Sydney talks about a new study that proposed seaweed cultivation as a promising solution to address malnutrition and mitigate climate change simultaneously. The research revealed that seaweed cultivation could significantly elevate income levels for farmers, particularly those in low- and middle-income countries (LMICs). The study showed also that perennials like brown algae farms can absorb up to ten tons of CO2 per hectare of sea surface annually. However, increasingly acidic ocean waters due to climate change could hamper the growth of healthy, edible seaweed. Furthermore, the primary export value of seaweed lies in its extracts, used as ingredients, rather than the whole sea vegetable. Despite these challenges, the opportunities that seaweed cultivation offers are vast. The team points out some issues that can arise when a product is mass produced and industrialized, but still see the potential that seaweed cultivation offers.
Read the full article here:
Top 3 Fastest Growing Beverage Brands in 2023
Could Seaweed Cultivation Help Solve Global Nutrition and Climate Challenges?
The weekly podcast is available for streaming every Thursday on Spotify, Apple Music and wherever you stream your podcasts.
Subscribe to the Xtalks Food Podcast to never miss a new episode.
Join or login to leave a comment
JOIN LOGIN