NEW YORK, Nov. 30, 2017 /PRNewswire/ —
Quarterly Beverage Tracker Second Quarter 2017: USA
Read the full report: https://www.reportlinker.com/p05206888
GlobalData’s United States of America Quarterly Beverage Tracker Q2-17 covering soft drinks, dairy drinks, hot drinks and alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments on a quarterly basis, covering:
– Top line consumption volumes for Q2-2017 vs Q2-2016, moving annual totals (MAT), full year 2016 provisional data and 2017 forecasts for all beverage categories.
– Carbonates consumption data for Q2-2017 vs Q2-2016, moving annual totals (MAT), full year 2016 provisional data and 2017 forecasts split by regular vs low calorie, and key flavor.
– An economic mood indicator with an at a glance assessment of industry confidence levels, private label performance vs brands and price trends.
– Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for full year 2017.
– Demand for soft drinks and broader commercial beverages experienced another soft quarter in Q2-17. Total soft drinks volumes advanced by less than 1% year on year, which was still a modest improvement from the previous quarter, while total commercial beverage volumes effectively held flat for the same period
– Slowing volume growth during Q2-17 seemed to be broadly based across most of the categories, likely indicating poor performance during the Easter and Memorial Day holidays which typically provide a bump in beverage consumption. Rainy weather nationwide leading into the summer season and continued implementation of taxes on sugary beverages may have factored into the overall performance as well
– Carbonates volumes continued to be the driving force behind declining soft drink volumes. The category declined by close to 2% in the quarter, replicating a similar result in Q2-16. Health and wellness trends, along with new city taxes targeting sweetened beverages, did not help the category’s performance
– Packaged water, on the other hand, continued to grow in the solid mid-single digits as consumers opted for healthier beverage options when consuming ‘on the go’. The same held true for partner categories, such as enhanced water and flavored water, which registered rapid gains driven by the launches of innovative new products as packaged water companies attempted to stand out in a crowded market
– Reflecting some of the macro-factors that affected overall soft drinks volumes, most of the other soft drink categories also underwent a slowdown in growth relative to Q2-16 levels, including some