Why Constellation Brands Will Struggle to Dethrone White Claw

white claw.jpg

A popping and fizzing sound filled barbecues, beach bachelorette parties, and tailgating events this summer. It was the sound of millions of Americans opening a can of spiked seltzer and enjoying the refreshing, alcoholic beverage.

Spiked seltzer is relatively new to the spirits market, first introduced in 2013. With the segment of the market valued at $550 million and projected to grow to $2.5 billion by 2025, according to InsiderConstellation Brands (NYSE:STZ) announced it will make a second attempt at entering the sector. The Corona-branded spiked seltzer will hit shelves in spring 2020, but the product will have to face several almost-impossible hurdles. Here's why:

Read more on The Motley Fool.

Previous
Previous

The Thirst For Premium Gin Is High, And So Are Sales

Next
Next

How Your Company Can Capitalize on the Carbonated Drink Bubble