Illustration: Kraft Heinz
Move over Miller Lite – Crystal Light is here. Kraft Heinz, the brand famous for its mustard and ketchup, this week said it’s rolling out its first alcohol product: a new hard seltzer infused with Crystal Light, its powder mix traditionally added to water for flavor.
*Turns over can to read ingredient label*: Crystal Light Vodka Refreshers have a 3.8% abv, zero sugar, zero carbs, and 77 calories/can. Marketed as the “lowest-calorie ready-to-drink cocktail on the market,” once launched, they’ll be the first powdered beverage brand to take a leap into the hard seltzer aisle.
A sizable amount of consumers who drink the powder mix already use it as a cocktail mixer (~20%), according to the company. And that’s by design – Crystal Light last year launched a multipack with flavor mixers for consumers to craft their own cocktails.
📸 Big picture: Kraft Heinz is in the midst of five consecutive quarters of declining sales as some of its core food brands, including Lunchables and its famous blue-packaged mac and cheese, struggle. With the RTD launch, the company is trying to take a bite out of a $903 million (and growing) US market – and following in the footsteps of other CPG giants who have also launched RTD cocktails, including Coca-Cola and PepsiCo.
🍕 Domino’s yesterday added a parmesan cheese stuffed crust to US menus, marking the first time it’s ever sold a stuffed-crust item in its ~65 years of slingin’ ‘za.
📺 YouTube behemoth MrBeast is on a mission to raise a dollar for every one of his subscribers hundreds of millions of dollars in a deal that would value his company at ~$5 billion, per a new Bloomberg report.
🤖 Get ready to experience the digital equivalent of meeting a new person. At a live event yesterday, Amazon unveiled its revamped Alexa+ voice assistant featuring generative AI.
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