Refrigerated ready-to-drink (RTD) coffee and tea were red hot, with percolating sales of nearly $949 million and $1.44 billion, respectively, in multi-outlets for the 52 weeks ending July 10, IRI data states. Percentage-wise, coffee saw a 27% sales increase, while tea added year-over-year sales of 11%.
Oat milk, kefir and RTD coconut milk have strong years ending June 12, 2022. In fact, IRI data suggests refrigerated oat milk saw strong growth with sales of $454.3 million, increasing nearly 53% year over year. Find out what brands thrived.
Byrne Inc., our 2022 Dairy Plant of the Year, continues to plan for tomorrow, while continuing tremendous success today. Founded in 1933, the dairy, under the direction of CEO Carl Byrne, expanded it opportunities in aseptic. In fact, the upstate New York facility increased its product offerings from one SKU to 20.
Gut health and protein ingredients have a long future runway. “The spike in usage of vitamins and zinc parallels the rise in consumption of immunity supplements and indicates growth potential for immune health innovation,” according to Unlocking Insights Into the Supplement Consumer: 2022 Trends and Opportunities, a whitepaper produced by Marketplace.
The former Speaker of the House of Representatives will be joined by Linda Clemons, global sales and nonverbal communications expert; Robin Sharma, leadership expert and best-selling author; David Portalatin, food industry advisor for NPD Group; and Michael Dykes, D.V.M., president and CEO of the IDFA.