Monster Beverage, maker of the iconic Monster Energy Drink, has announced the launch of its first-ever flavored malt beverage alcohol product, dubbed the 'The Beast Unleashed.' The new drink will feature a 6% ABV and come in four flavor variations, which will be taken directly from the brand's energy drink line.
The new line of malt alcohol beverages represents Monster's recent push to enter the alcohol market. Back in January, the company announced that it had acquired Canarachy Craft Brewery Collective. According to the company, the acquisition acted as a "springboard" for the brand's entrance into the alcohol space.
"Our alcohol innovation pipeline is robust, with a number of additional innovative product lines currently under development," said Co-CEO Rodney Sacks.
Malt Alcohol Beverages
Monster Unveils Its Newest Alcoholic Drink, 'The Beast Unleashed'
Trend Themes
1. Flavored Malt Beverages - Opportunity for other non-alcoholic beverage companies to expand their product lines into the alcoholic market with flavored malt beverages.
2. Alcohol Innovation Pipeline - The alcohol market is ripe for disruptive innovation by companies looking to disrupt traditional alcohol producers and reinvent market offerings.
3. Energy Drink Flavors in Alcohol - Opportunity to create unique and innovative new flavors for alcoholic beverages by leveraging popular non-alcoholic energy drink flavors.
Industry Implications
1. Non-alcoholic Beverage Industry - Non-alcoholic beverage companies could leverage their existing brand recognition to enter the alcoholic market and expand their product offerings.
2. Alcohol Industry - Traditional alcohol producers would need to innovate and adapt to compete with the new entrants in the market.
3. Craft Beer Industry - Craft breweries, who have a proven track record of innovation in the alcoholic beverage industry, could further expand their offerings into the flavored malt beverage market.