BeBevCo Cited in Report Forecasting Growing Demand for Relaxation Drinks in 2012
STATESVILLE, N.C., Jan. 3, 2012 /PRNewswire/ -- Bebida Beverage Company (OTC markets: BBDA) (BeBevCo) a developer, manufacturer and marketer of relaxation and energy drinks, announced today that it anticipates a growing marketplace in 2012 for its relaxation drink products, including KOMA UNWIND and the upcoming Relax 5.
"Bebida Beverage Company is perfectly positioned to meet the growing demand for relaxation drinks which is forecast to increase in 2012 and each year ahead through 2016. With KOMA UNWIND and our expanding product line, we are gaining global recognition as a leader in a growing industry," said Brian Weber, CEO of BeBevCo.
KOMA UNWIND is mentioned as a main competitor in the relaxation drink sector in a new report released by IBISWorld. The report forecasts a "booming market for sleep-aid beverages."
"The potential market is significant because over 53 million Americans have experienced insomnia or had trouble sleeping in the past year," the IBISWorld report states. Growing per capita disposable income and demand from convenience stores and other retail outlets is projected to benefit the Relaxation Drink Production industry in the five years to 2016, according to the report.
Also, existing companies are already signing nationwide distribution deals, which indicate market acceptance and familiarity with relaxation drinks - so they are not growing from an extremely low base as they did over the prior five years. IBISWorld estimates industry revenue grew at a 68.7% annualized rate over five years, including a 49.5% increase from 2010 to 2011 to total $73.7 million.
"The Relaxation Drink industry is already established and will be growing from a higher base, the potential demand pent-up in the market for relaxation drinks outweighs possible challenges to the industry," according to IBIS World analyst, Agata Kaczanowska. IBIS World is the nation's largest publisher of industry research.
About BeBevCo
BeBevCo (Bebida Beverage Company) develops, manufactures and markets beverages including relaxation drinks Koma Unwind "Chillaxation" Drink™, "Koma Unwind Sugar-free Chillaxation" Drink™ and Koma Unwind "Chillaxation" Shot™ as well as Potencia Energy Drink, Potencia "BLAST" energy shot and Piranha Water.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
IR Contact: Tom@Wall Street Branding
(704) 660-0226 ex 5
[email protected]
www.BeBevCo.com
SOURCE Bebida Beverage Company
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article