BD held its annual Future Smarts conference on Dec. 7, 2018 in New York. Many of the sessions were covered in the Dec. 14 issue. The following is a synopsis of a panel with Wall Street analysts who cover public beverage companies. BD will publish highlights of sessions covering cannabis and plastic sustainability in the next issue.
BD held its annual Future Smarts conference on Dec. 7 in New York City. The program focused on the implications of massive changes this year to the North American non-alcoholic beverages landscape. New leaders have taken over all three of the largest soft drink makers -- Coca-Cola, PepsiCo and Keurig Dr Pepper -- since 2017. Acquisitions of Dr Pepper Snapple by Keurig Green Mountain, Costa Coffee by Coke and SodaStream by PepsiCo have all signaled a more aggressive approach to portfolio transformation. Meanwhile
Coca-Cola’s Venturing & Emerging Brands unit is experimenting with a new non-alcoholic adult sparkling beverage called Bar None. VEB created the ready-to-drink product for people who don’t wish to indulge during “occasions when alcohol is usually served,” a spokeswoman said. Bar None is essentially a line of bottled premium “mocktails” that mimic popular cocktails, providing temporary or permanent abstainers with a more interesting alternative than club soda or non-alcoholic beer. A website
Monster Beverage CEO Rodney Sacks has disclosed an arbitration case with the company’s chief distributor and equity partner Coca-Cola. At the center of the disagreement is a product Coke is developing under its flagship brand called Coca-Cola Energy. The drink will contain “caffeine from naturally-derived sources and guarana extract,” according to Coke. “It would be developed as a preferred option for people who want these types of ingredients in an energy drink.” The innovation would include a