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Zevia

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Zevia
Company typeLLC
IndustryCarbonated soft drinks
Headquarters
Los Angeles, California
,
U.S.
Area served
Worldwide
Websitewww.zevia.com

Zevia is a Los Angeles-based company[1] that produces zero-calorie soft drinks, sparkling water, energy drinks and mixers sweetened with stevia.[2]

Zevia was founded by Derek Newman, Jessica Newman, and Ian Eisenberg.[3] Donald Thrasher was the company's initial chief operating officer.[4] Zevia LLC was originally DrinkZevia LLC, which was based on a merger with Thrasher Beverage Corporation.[5]

Company history

Zevia was launched in 2007 as an alternative soft drink for those who want to avoid both added sugars and artificial sweeteners.[6]

Zevia is considered a "carbonated stevia supplement" as the U.S. Food and Drug Administration (FDA) has not approved stevia as a food additive.[3] The product also contains no net carbohydrates and no fats.[7]

By the end of 2008 ACNielsen recorded that Zevia was the fastest growing natural product in the United States in terms of sales.[8] The company’s 2008 revenue was $925,000,[9] and the product was available in 850 stores.[10] In 2010, Zevia reported a 300% increase in same-store sales over 2009.[11]

The current CEO of Zevia is Paddy Spence, who bought Zevia in 2010 and became both CEO and chairman.[2][12][13][14]

In July 2012, Zevia ran billboard ads in support of New York City’s soda ban,[15] and Spence appeared on CNBC to promote healthier soda alternatives.[16]

In May 2012, the product was the best-selling soda in Whole Foods.[2] By July 2013, it was the number 17 zero-calorie or low-calorie soda in mainstream grocery stores, making it the only independent brand in the top 20. By the end of 2013, overall sales were over $60 million, and it was the 14th-best-selling diet soda.[17][18] As of 2014, the firm's product is available in more than 16,000 stores in the United States, including Whole Foods, Target, Kroger, Safeway, Sprouts, and other grocery and natural food stores.[19][20][21][2][6][22] Zevia is also sold in Canada, Australia, Europe,[23] and Latin America, [needs update][24]

In late 2013, the firm replaced their previous all stevia and erythritol sweetener with a mix of stevia extract, monk fruit extract, and erythritol, a blend that they call SweetSmart.[25][26]

As of 2014, the company produces fifteen different flavors including, Cola, Cherry Cola, Dr. Zevia, Ginger Ale, Lemon-Lime Twist, Grape, Black Cherry, Cream Soda, Orange, Strawberry and Mountain Zevia.[27]

In 2014, Zevia entered a sponsorship with Major League Baseball and became the official soda of the Oakland Athletics. The soda is sold in bottles at all consessions stands at the Oakland–Alameda County Coliseum.[28]

In 2016, Zevia launched two new product lines - Sparkling Water and Energy drinks. Energy flavors includes Mango-Ginger, Raspberry Lime, Grapefruit and Kola. Sparkling Waters includes Lime, Cucumber Lemon, Blackberry, and Mandarin Orange.[29]

In 2017, Zevia launched a new product line - Zero Calorie Mixers. Mixer flavors includes Ginger Beer, Dry Lemon Lime and Tonic.

Ingredients and brand portfolio

Zevia contains stevia provided by Sweet Green Fields’ United States crops.[30] Soda comes in 14 flavors available in 12 ounce cans.[31] Sparkling Water comes in 4 flavors available in 12 ounce cans sold in 8 packs. Energy comes in 3 flavors available in 12 ounce slim cans. Mixers comes in 3 flavors available in 7.5 ounce cans sold in 6 packs.

References

  1. ^ "Company Overview of Zevia LLC". Bloomberg Businessweek. Retrieved March 30, 2012.
  2. ^ a b c d "Declining Soda Sales Lead to Search for Holy Grail." Archived May 25, 2012, at the Wayback Machine Bloomberg Businessweek. Reporter Gigi Stone. Accessed April 24, 2013
  3. ^ a b Andrea James (August 27, 2008). "Seattle-based Zevia selling all-natural, zero-calorie drink". The Seattle Post-Intelligencer. Retrieved March 30, 2012. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  4. ^ http://www.zevia.com/history
  5. ^ http://kepler.sos.ca.gov/
  6. ^ a b "'Soda' No Longer Four-Letter Word For Diabetics Thanks To Culver City Company". CBS Los Angeles. March 9, 2012. Retrieved March 30, 2012.
  7. ^ Natasha Turner (2011). The Supercharged Hormone Diet: A 30-Day Accelerated Plan to Lose Weight, Restore Metabolism and Feel Younger Longer. Random House. p. 124. ISBN 9780307356505.
  8. ^ Jeff Reynolds (November 2008). "Sunwin International Customer Zevia LLC Recognized as Fastest Growing Natural Product". Retrieved March 30, 2012.
  9. ^ Bruce, Bill. "Zevia Lands Deal with Whole Foods." FoodBev.com. Apr. 29, 2009
  10. ^ Choi, Candace. "Cola holy grail: Great taste, no calories, no artificial sweetener.” Archived July 29, 2013, at the Wayback Machine The Seattle Times. July 26, 2012
  11. ^ "High End Optimism." BEVNET. Sept. 2, 2010. Accessed Apr. 24, 2013
  12. ^ "Zevia LLC Gets New Owners". BevNet. September 28, 2010. Retrieved March 30, 2012.
  13. ^ Spence, Paddy. "How a Startup Can Succeed in a Mature Category." Archived April 7, 2013, at the Wayback Machine Harvard Business Review blog. Apr. 4, 2013
  14. ^ Tabaka, Marla. “Leave the Nest to Start Your Company? 8 Signs You’re Ready.” Inc. magazine. Mar. 5, 2012
  15. ^ Fulton, April. “Hold the Ice: Rhetoric Gets Hot Over New York’s Big Soda Ban.” NPR blog: The Salt. July 24, 2012
  16. ^ "Zevia CEO Fights for a Sugar Ban". CNBC. Retrieved April 24, 2013.
  17. ^ "Zevia Says First Major Soda to Use Monk Fruit." BeverageWorld. January 14, 2014
  18. ^ Klineman, Jeffrey. "Zevia Set to Unleash New Sweetener Mix." BEVNET. Dec. 18, 2013
  19. ^ Maria Tabaka (March 5, 2012). "Leave the Nest to Start Your Company? 8 Signs You're Ready". Inc. Magazine. Retrieved March 30, 2012. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  20. ^ Schussheim, Sarah. "How Zevia is Staking Its Claim as Fashion's Favorite Soda." Elle Magazine. July 15, 2013.
  21. ^ "Zevia Achieves Record-Breaking Quarter." BevNet. July 17, 2013
  22. ^ Watson, Elaine. "Diet soda in a funk? Not ours, says Zevia boss as he adds monk fruit to his zero-cal menu: Zevia could be a $1bn brand." Food Navigator. Jan. 9, 2014
  23. ^ http://www.thegrocer.co.uk/buying-and-supplying/categories/soft-drinks/zevia-brings-stevia-soft-drinks-to-uk/231385.article
  24. ^ Wilbanks, Carri. "Zevia Offers Healthier Alternative to Soda." Examiner. August 26, 2013
  25. ^ Lopes, Marina. "Feature: A sweet Asian fruit tempts the troubled soft drink industry." Reuters. December 22, 2013
  26. ^ "Zevia reformulates soft drinks with new sweeteners." Beverage Industry. December 19, 2013
  27. ^ Dennis Askew (March 19, 2012). "The Coming of Age of a New, Healthier Sweetener (OTC:STVF)". Smallcap Network. Retrieved March 30, 2012.
  28. ^ https://www.usatoday.com/story/money/business/2014/03/27/zevia-stevia-oakland-as-official-zero-calorie-soft-drink-carbonated-beverages/6863729/
  29. ^ "Startup Zevia wants to be known for more than just soda". Fortune. 2016-06-29. Retrieved 2016-11-16.
  30. ^ Sweet Green Fields press release. “Sweet Green Fields Selected by Zevia Natural Soda as Exclusive Stevia Provider; All Stevia Will Be Grown in U.S.” March 28, 2011
  31. ^ Shee, Adelina. "Zero Calorie Zevia." 303 Magazine. Dec. 23, 2012
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