NEW YORK, July 11, 2017 /PRNewswire/ --
According to a research report published by Lucintel, the global beverage market has strong fundamentals, with opportunities
for both alcoholic and non-alcoholic beverages. The global beverage industry is expected to reach an estimated $1.9 trillion by 2021 and is forecasted to grow at a CAGR of 3.0% from 2016 to 2021. The research also
indicates the major drivers for the growth of this market, which are growing urbanization, and disposable income as well as a
continuously growing demand from millennials. The global beverage industry is very diverse, but it is beer that is expected to
remain the largest segment by value. Fernhill Beverage, Inc. (OTC: FHBC), Reed's, Inc. (NYSE: REED), New Age Beverages Corp.
(NASDAQ: NBEV), Celsius Holdings, Inc. (NASDAQ: CELH), Long Island Iced Tea Corp. (NASDAQ: LTEA).
According to a new report by Grand View Research Inc., the global organic food & beverage market is already taking a major
share of the overall market, and is expected to reach USD 320.5 billion by 2025. Growing popularity
of non-GMO products among consumers adds to the health benefits associated with their consumption and is expected to drive the
demand over the forecast period. Non-dairy beverages such as rice, soymilk, and oat beverages accounted for over 33% of the total
share of organic beverages market in 2015.
Fernhill Beverage, Inc. (OTC: FHBC) makers of Vitamin Packed Roadkill and Roadkill XL, earlier today announced that the
company, "is excited to announce significant progress in creating new sales and distribution routes for RK Super, including
delivery by one of the largest National Drug Store Chains. RK Super is the latest addition to the company's private label brand
and is the first to label a family-friendly kids drink featuring children's Super Heroes.
Fernhill Representatives recently completed a 3-week cross-country campaign with the goal of developing sales and making new
distribution contacts. The company is pleased to report this has been a resounding success. Fernhill Beverage, Inc. recently
secured an authorization by one of the country's largest National Drug Store Chains. Once distribution details are ratified, the
Company will be strategically introducing the RK Super brand to that highly sought-after retail category.
New distribution agreements are being constructed in New York, Ohio, Pennsylvania, Illinois as well as
the entire Eastern coast. The initial RK Super, highlighted by a new and exciting appearance, has been produced and delivered to
a major distributor in Southern California. This version of the successful product will allow
Fernhill Beverage, Inc. to secure penetration into the national chain retailers. These retailers include convenience stores,
pharmacies, big box stores and in the future, grocery chains. The Company will be aggressively marketing the product in as many
territories as possible. Fernhill expects rapid growth over the next 24 to 36 months. Production, marketing and promotions will
be the primary focus for the corporation.
The goal of Fernhill Beverage, Inc. is to be the clear leader in both revenues and units sold in the youth category within 3
years.
Reed ' s, Inc. (NYSE: REED) makes the top-selling sodas in the natural and specialty foods industry which
are sold in over 15,000 natural and mainstream supermarkets nationwide. Reed's products are sold through an additional estimated
40,000 accounts that include specialty gourmet, natural food stores, retail stores, convenience stores and restaurants nationwide
and in select international markets. The company has secured a new distribution partnership for Reed's and Virgil's brands with
Morris Distributing for the North Bay counties region of California. Morris Distributing is headquartered in Petaluma, California
and distributes to over 2,200 retailers in Sonoma, Marin,
Mendocino, Lake, Napa and
San Francisco Counties.
New Age Beverages Corp. (NASDAQ: NBEV) is a Colorado-based, leading all-natural tea
and healthy functional beverage company that was founded in 2003. The Company competes in the fast-growing healthy functional
beverage segments including Ready to Drink (RTD) Tea, RTD Coffee, Kombucha, Energy Drinks, Relaxation Drinks, Coconut Waters and
Functional Waters with the brands XingTea®, Marley One Drop®, Búcha® Live Kombucha, XingEnergy®, Marley Mellow Mood®,
Coco-Libre®, and Aspen Pure® PH and Aspen Pure® Probiotic Water. The company recently announced the closing of the
acquisition of the assets of the Marley Beverage Company, LLC, including the Marley brands in ready-to-drink coffee and
relaxation drinks and teas. The line complements the existing New Age Healthy functional beverage line and fills an important
role in the Company's portfolio.
Celsius Holdings, Inc. (NASDAQ: CELH), founded in April, 2004, is a global company with a proprietary,
clinically-proven formula for flagship brand CELSIUS®. CELSIUS® is a fitness drink that accelerates metabolism, burns body fat,
and provides healthy energy. The company recently announced it advanced the company's position with an international presence in
Hong Kong. Celsius Holdings, Inc. will partner with A.S. Watson Industries, a member of ASW,
which owns the renowned bottled water brand Watsons Water, and also other beverage distributing businesses. The partnership will
focus on Hong Kong distribution, increasing market share and leveraging the CELSIUS® brand.
Long Island Iced Tea Corp. (NASDAQ: LTEA) operates in the non-alcohol ready-to-drink segment of the beverage industry.
The Company's flagship brand 'The Original Long Island Brand Iced Tea®', together with 'The Original Long Island Brand
LemonadeTM' are marketed as premium beverages made with all-natural, non-GMO ingredients. The company also imports and markets
'ALO Juice®' a functional aloe vera based beverage. Recently, the company announced that it has secured placement of its
flagship brand Long Island Iced Tea® in 156 Loblaws supermarkets across Canada. Loblaws is one
of the largest supermarket chains in Canada and this is the largest international chain account
agreement in the history of the Company.
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