Constellation Brands Bets Big on Hop Water with Full HOPWTR Acquisition

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Constellation Brands buys Hopwtr, expands nonalcoholic portfolio

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Constellation Brands buys Hopwtr, expands nonalcoholic portfolio

HOPWTR Emerges as a Functional Beverage Pioneer (Image Credits: Unsplash)

Constellation Brands, the beverage giant known for Corona and Modelo, took a significant step into the non-alcoholic arena last week. The company signed an agreement to acquire the remaining stake in HOPWTR, a premium sparkling water brand infused with hops.[1][2] This move builds on its initial investment five years ago and signals confidence in functional, booze-free drinks amid shifting consumer tastes.

HOPWTR Emerges as a Functional Beverage Pioneer

HOPWTR launched in 2020 as a zero-calorie alternative to beer, blending sparkling water with hops, adaptogens, and nootropics for added wellness benefits.[3] Founders Jordan Bass and Nick Taranto aimed to create something beyond standard non-alcoholic beers or plain seltzers. The brand quickly gained traction, now available across major U.S. retailers, grocers, and specialty stores.

Consumers drawn to moderation found appeal in its crisp flavors and subtle hop profiles. Unlike traditional non-alcoholic beers, HOPWTR offered a lighter, functional option without carbs or calories. This positioning helped it carve a niche in the crowded beverage market.[2]

Constellation’s Long Game Pays Off

Constellation first backed HOPWTR in 2021 through its venture capital arm, providing strategic guidance ever since.[1] The recent agreement grants full ownership, with the deal expected to close in early April pending standard conditions. Terms remained undisclosed, but the acquisition underscores the company’s pivot toward no- and low-alcohol products.

Jim Sabia, president of Constellation’s beer division and executive vice president, highlighted the synergy. “Since our initial venture investment in HOPWTR in 2021, we’ve worked closely with the team to help shape the brand’s long-term strategic direction,” he stated. “With the nonalcoholic segment becoming one of the fastest growing areas of total beverage alcohol, HOPWTR is a natural addition to our no- and low-alcohol portfolio.”[1]

Non-Alcoholic Surge Fuels the Deal

The non-alcoholic beer category posted impressive gains last year, with dollar sales rising 22% according to Circana data.[1] Hop water, though a smaller slice at around $28.5 million in U.S. sales, emerged as a promising driver thanks to its health-focused attributes.[2] Trends like “zebra striping” – alternating alcoholic and non-alcoholic drinks – boosted demand for beer-like options without the buzz.

  • Hop water uses familiar beer ingredients for broad appeal.
  • Adaptogens and nootropics add functional wellness perks.
  • Zero calories align with health-conscious preferences.
  • Versatile for social settings or daily hydration.
  • Complements existing brewery infrastructure.

Analysts viewed the purchase as shrewd, positioning Constellation ahead of broader industry shifts.[4] The company already offered non-alcoholic versions of Corona and Modelo, plus low-alcohol wines, rounding out a diversified lineup.

Team Integration and Growth Ahead

Jordan Bass and key HOPWTR team members will join Constellation to steer future development. Production and distribution stay unchanged initially, ensuring continuity for fans. Bass expressed enthusiasm: “My team and I look forward to taking this next step with Constellation and benefiting further from the company’s deep industry expertise.”[1]

Category Key Trait 2025 Growth
Non-Alc Beer Imitates traditional beer 22%[1]
Hop Water Functional, zero-cal Emerging driver

This acquisition could elevate hop water’s profile, drawing more players into the space. Constellation’s resources promise accelerated expansion for HOPWTR.

Key Takeaways:

  • Constellation gains full control of a top hop water brand after five-year partnership.
  • Non-alcoholic sales surged 22% in 2025, spotlighting functional innovations.
  • HOPWTR blends beer nostalgia with wellness for moderation seekers.

Constellation Brands’ embrace of HOPWTR marks a pivotal moment for non-alcoholic beverages, blending tradition with tomorrow’s trends. As consumers prioritize balance, such moves could redefine refreshment. What do you think about hop water’s potential? Tell us in the comments.

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