It’s been a rough year for sugar. In my previous blog HERE, I wrote about the article published in health journal Obesity that found sugary beverage consumption down 20% in children and 10% in adults from 2003. Fruit juice and sodas took major hits, replaced at the popular table by coconut water and seltzers. Coconut water consumption increased 228% worldwide from 2011 to 2016. Seltzer sales grew from $2.6 billion in 2011 to a projected $8.5 billion last year, led by La Croix, the staple of the suburban Midwest turned cult beverage
Here are some other “BAD” news stories about sugar
- PepsiCo announced they would buy home seltzer maker SodaStream (“a good hedge” said Mad Money’s Jim Cramer!),
- Coca-Cola announced they would acquire the 4,000-store Costa Coffee chain
- Starbucks announced they’re beginning to test a lower sugar Frappuccino because even tweens have started to question the logic behind consuming 67 grams of sugar in one sitting.