Altria Invests in Natural Energy Drink Market Expansion Plan

Feb.21
Altria Invests in Natural Energy Drink Market Expansion Plan
Altria invests in convenience store energy drink market, acquires stake in Proper Wild, targeting natural ingredients and consumer improvement needs.

According to Tobacco Insider, Altria recently turned its attention to the approximately $14 billion of the energy drink market in grocery stores, making a small investment in "Proper Wild" energy drink.

 

Research by Altria has shown that 50% of consumers are interested in energy drinks made with all-natural ingredients, and 60% of energy drink consumers believe that products can be improved. Currently, Altria Group Distribution Company (AGDC) is providing sales and distribution services for "Proper Wild" in a small number of retail stores.

 

Altria has announced that they plan to expand the distribution of "Proper Wild" by 2025. "Proper Wild" will be the first of five non-nicotine products Altria plans to commercialize in the US by 2028.

 

Currently, Altria is exploring three major areas, which include:

  • Cannabis,
  • Health and Wellness Field, 
  • Medical Care (including nicotine replacement therapy, plant-based vaccines, inhalation and oral treatments, etc.)

 

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