Popular beverage brand files Chapter 11 bankruptcy

The most popular sodas in The United States are no surprise to most soft drink fans.

Coke is, by a ways, the most popular soda with 19.2% of the market, followed by a tie between Dr Pepper and Pepsi for the No. 2 field with every soda taking 8.3% of the market, in step with Beverage Digest.

Two varied Coca-Cola producers seize the next two spots, with Sprite keeping 8.1% of the market and Food procedure Coke with 7.8%.

Soda Trace market fragment:

• Coke: 19.2%.
• Dr Pepper: 8.3%.
• Pepsi: 8.3%.
• Sprite: 8.1%.
• Food procedure Coke: 7.8%.

Successfully being risks from frequent consumption of sodas, such as model 2 diabetes, elevated blood force that can lead to heart disease, and teeth decay, has introduced on consumers to witness out soft drink picks with less sugar speak.

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About a of the picks consumers possess turned to consist of shiny mineral water, fruit-flavored shiny water, prebiotic sodas, caffeinated shiny water, shiny tea, and kombucha.

Kombucha is a tea drink mixed with sugar and symbiotic culture of micro organism and yeast that provides the drink its fizz.

Smartly-liked kombucha drinks:

• GT's Synergy.
• Successfully being-Ade.
• Brew Dr.
• KeVita.
• Better Booch.
• Kombucha City.

About a of the kombucha drinks in the marketplace consist of GT's Synergy, Successfully being-Ade, Brew Dr., KeVita, Better Booch, and Kombucha City.

The estimates of the U.S. kombucha market vary nevertheless had been largely in the $2 billion vary in 2024. These estimates paled in comparison with the final U.S. carbonated soft drink market, with about $52 billion in the same year, in step with market research firm Mintel.

Smaller drink firms file for financial danger

Drink firms providing another option to sodas possess a smaller piece of the soft drink market and effect now not possess a model of margin for error to be worthwhile.

In June, a non-public tag appealing-to-drink and free tea producer Caraway Tea filed for Chapter 11 financial danger to reorganize.

One other soda company replacement that provides a healthier option filed for financial danger, as July got right here to a discontinuance.

Real McCoy Tea files for Chapter 11 financial danger

Smartly-liked kombucha tea beverage maker Real McCoy Tea Company, which distributes its canned merchandise on-line and at varied retail shops, filed for Chapter 11 financial danger safety to reorganize its industry.

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The Bellingham, Wash., soft drink manufacturer filed its Subchapter V petition in the U.S. Bankruptcy Court docket for the Western District of Washington on July 30, list $100,000 to $500,000 in sources and $1 million to $10 million in liabilities.

The debtor's best collectors consist of Radd Varied, owed $550,000; Splashing Tiger Ventures, owed $530,000; U.S. Small Industry Administration, owed over $514,000; and the Inner Earnings Provider, owed $350,000 for unpaid taxes from 2017-2024.

Extra Bankruptcy:

• Necessary iconic meals impress files for Chapter 11 financial danger
• Smartly-liked Dairy Queen rival franchisee files Chapter 11 financial danger
• Smartly-liked imaginative and prescient care chain files for Chapter 11 financial danger

Real McCoy Tea Company used to be launched in 2011 by founder Chris McCoy, who created the corporate's line of Kombucha City and Live Seltzer non-alcoholic soft drinks.

Kombucha City's drinks consist of Usual Ginger, Blood Orange, and Guayusa Mint, whereas its Live Seltzer sorts consist of Grapefruit Clarity, Cucumber Focus, and Ginger Vitality, in step with its web field.

Real McCoy Tea Company Brands:

• Kombucha City Usual Ginger.
• Kombucha City Blood Orange.
• Kombucha City Guayusa Mint.
• Live Seltzer Grapefruit Clarity.
• Live Seltzer Cucumber Focus.
• Live Seltzer Ginger Vitality.

The company asserts its Kombucha City comprises good micro organism that helps digestion, amino acids to detoxify the liver and varied organs, and antioxidants to shield the body and support the immune system.

Real McCoy says that it makes use of highest-commerce certified, non-GMO, and USDA organic teas, sugar, and ingredients.