Drink Asia March-April 2020 | Page 13

Though sometimes confused with or lumped into the beverage category that includes sports beverages, energy drinks are considered a different product. “They are marketed to increase alertness and energy levels, containing signifi cant amounts of caffeine and as much or more sugar as in soda. Many energy drinks pack about 200 mg of caffeine, the amount in two cups of brewed coffee,” according to Harvard’s The Nutrition Source website. As the market for energy drinks grows, companies like PepsiCo, which already had a distribution deal with Rockstar in North America, are seeking capitalize on that demand. “Over time, we expect to capture our fair share of this fast- growing, highly profi table category and create meaningful new partnerships in the energy space,” PepsiCo Chairman and CEO Ramon Laguarta said in a statement. Russ Weiner, Rockstar’s founder, added that he was excited to take the PepsiCo-Rockstar relationship “to the next level.” “PepsiCo shares our competitive spirit and will invest in growing our brand even further. I’m proud of what we built and how we’ve changed the game in the energy space,” Weiner said. PepsiCo’s portfolio of energy drinks already includes Mountain Dew’s AMP and Game Fuel. Another drink listed under juice beverages includes Mountain Dew Kickstart. Coca-Cola’s portfolio includes a stake in energy giant Monster as well as Coca-Cola Energy, which it began selling in the U.S. this year, according to a company press release. As the Wall Street Journal points out, the PepsiCo-Rockstar deal has not yet closed, but if it does, it will be the fi rst big acquisition Pepsi has made since 2018 when it acquired the seltzer-maker SodaStream. It also represents the fi rst major deal under Laguarta, who took over as PepsiCo’s top executive after his predecessor, Indra Nooyi, stepped down in 2018. She led the company for 12 years. Source: https://www.npr.org/2020/03/11/814462332/pepsico-seeks-boost-in-energy-drink-market-with-purchase-of-rockstar Asahi launches sugar-free hard seltzer L iquor giant Asahi has created a vodka-based, sugar-free hard seltzer for the Australian market. Good Tides is a ready-to-drink alcoholic beverage that targets millennials. The drink combines sparkling water with vodka and a hint of natural fl avour. It doesn’t contain sugar or artifi cial sweeteners with 85 calories per can. “The ready-to-drink category is moving beyond traditional, reduced sugar options. We hope that by introducing Australia’s fi rst completely sugar-free, vodka-based Hard Seltzer, we’re able to provide consumers with the enjoyable, easy-drinking option that we know is currently missing from shelves.” Virginia Woodger, group marketing manager cider, RTDs, spirits & sponsorships, Asahi Premium Beverages said. “Good Tides is a great option for those who are seeking to become more mindful of their drink choices but don’t want to compromise on a delicious tasting drink. We anticipate that the Hard Seltzer category will skyrocket in popularity in Australia, as it has in the US, and Good Tides will be at the forefront of this growth.” Drink Asia 13 Henry Gordon, BWS category manager, Premix Spirits said hard seltzers provide a great opportunity. “We see Hard Seltzers in Australia as a fantastic opportunity to recruit new customers and give our existing customers more options that are refreshing within the convenience drinks space. We’re thrilled that Good Tides is now available in stores across the country and know it will be popular with customers,” Good Tides is available in Lemon & Lime and Raspberry. Four packs of 330ml cans are sold at BWS, Dan Murphy’s and independent liquor stores in Australia. Source: https://insidefmcg.com.au/2020/03/18/asahi-launches- sugar-free-hard-seltzer/ March-April 2020