Dr. stream Snapple Group: Energy Brands I.In 2007, Andrew Barker is supercharged with assessing whether or not a profitable market fortune endure for a unfermented aptitude drinking bulls eye to be produced, marketed, and distributed by the company in 2008. The decision to look for a new postcode deglutition is part of a corporate business strategy, which aims at focusing on opportunities in high-growth crapulence businesses. As part of this strategy, Dr Pepper Snapple Group, Inc. has previously launched the AcceleradeRTD brand, a ready-to-drink amuse drink. Andrew Barker believes that the decision to gift the AcceleradeRTD brand into a new drink market for the company (sport drinks) is similar to the agency he faced with recommending whether or not Dr Pepper Snapple Group, Inc. should introduce a new branded product into the energy beverage market. II.Dr Pepper Snapple Group is an integrated brand owner, bottler, and distributor of nonalcoholic beverages in the US, Mexico, and Canada. In 2007, 89% of the companys interlocking arrant(a) sales were generated in the US, 4% in Canada, and 7% in Mexico and the Caribbean. In the US and Canada, Dr Pepper Snapple Group, Inc. participates primarily in the flavored change soft drink (CSD) market segment.
In the non-CSDmarket segment in the US, the company participates primarily in the ready-to-drink teas, juice drinks, and mixer categories. The energy drink market in the US is the 4thlargest nonalcoholic beverage category, after carbonated soft drinks, sport drinks, and bottled water, but is the instant(prenominal) inc rease one. The market is defined by major br! ands, including rosy Bull, nut Energy, and Rockstar. From 2001 to 2006, total energy beverage retail sales grew at an mediocre annual rate of 42.5%. However, industry analysts jump an average annual growth rate of 10.2% from 2007 to 2011, which is attributed to market maturity, change enunciate price and packaging competition, and the entrance of hybrid energy beverages, much(prenominal) as energy water,...If you want to get a full-of-the-moon essay, order it on our website: BestEssayCheap.com
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