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NEWS | Industry Updates


Demand and revenue grows for low calorie, organic, high-quality, performance beverages


Beverage revenues are increasing around the world, particularly when it comes to non-alcohol drinks. Also known as ‘virgin drinks’, ‘mocktails’, ‘performance’ and ‘near beer’, these refer to the beverages that comprise less than 0.5% of alcohol content by volume and encompasses a wide range of refreshment beverages, including energy drinks, juices, soft drinks, coffee & tea, bottled water, and probiotics. The beverage industry has faced


transformation in consumer preferences in the past decade. According to a report from Allied Market Research the global non-alcoholic drinks market, which was valued at $820.0 billion in 2020, is estimated to reach $2,134.6 billion by 2031, registering a growth rate of 6.8% from 2022 to 2031. The report said: “Non-alcoholic drinks


are mainly composed of soft drinks, bottled water, tea and coffee, juice, and others (energy drinks, value added water, sport drinks, and others). Soft drinks account for nearly 45.87%


and 51.40%, by revenue and volume, respectively, followed by bottled water, and dairy drinks… Even though, it is currently the largest revenue generating segment, tea and coffee has indicated rapid growth in terms of revenue and volume, respectively.


Moreover, the growing café culture


and rise in awareness of the health benefits of tea and coffee have had a significant impact on the non-alcoholic drinks market.” Allied Market Research said:


“Consumers’ demand toward maintaining health and wellness and functional beverages has impacted the market. In addition, new compelling products with unique flavours and innovative packing by companies are expected to fuel the market growth. Furthermore, a surge in disposable incomes in emerging economies has increased the adoption of non- alcoholic drinks. The huge market potential for diet and zero sugar drinks is projected to be observed for non-alcoholic drinks market during the forecast period. Moreover, introduction of newly launched drinks such as super premium juices, premium hydration, probiotics/ kombucha, and craft soda to meet consumers’ demand for low calorie, organic, high-quality, functional, and delicious drinks is anticipated to be an evolving landscape for the non-alcoholic drinks market in future.”


RFID-enabled micro stores


Selfly Store has expanded its range of RFID-enabled micro stores designed for contactless on-the-go purchasing. Selfly Store enables hotels, offices, and other venues to offer


meals and snacks in a cost-efficient way as the intelligent cabinets are unmanned and fully digitalised. The new range consists of three intelligent cabinets suitable for


different end uses. Selfly Fresh is designed for goods stored at room temperature, Selfly Cool for refrigerated meals and snacks, and Selfly Frozen for frozen items.


Safety and convenience with less waste Unlike traditional snack and beverage dispensers, Selfly Store’s intelligent cabinets utilise cutting-edge RFID, sensor, cloud computing, and IoT technologies to enhance convenience for consumers. “The global pandemic has highlighted the need for contactless solutions in retail,” says Aslak de Silva, chief executive of Selfly Store. “Unmanned retail enables cost-efficiency advantages, while at the same time offering a convenient and pleasant experience for consumers. Unlike old-fashioned vending machines, Selfly allows consumers to easily select multiple items in one go.”


6 | vendinginternational-online.com


Selfly Store’s RFID technology also allows store managers to keep


track of expiry dates and inventory in real time. With less product loss, Selfly Store aims to make an impact in fighting food waste and emissions related to it. “When comparing food waste generated from vending machines


selling fresh food items, we are seeing a reduction of roughly 13% when using Selfly Store,” says de Silva. “This brings cost savings as well as clear environmental benefits.”


Shopping whenever – wherever people are With the new hybrid working models and changing consumer behaviours, Selfly Store can provide an efficient solution. It can be easily implemented as an additional point of sales to a variety of locations, for example workplaces, hotels, hospitals, and sports centres. The solution provides unmanned service 24/7 enabling customers to shop when it is most convenient for them. The new range of cabinets is available now. The new Selfly cabinets are designed and manufactured in Finland and shipped in 100% recyclable and plastic-free shipping packages. The Selfly Store platform is designed with the possibility to remotely upgrade software. All the latest software developments are available for existing customers as well.


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