A container for isolating first and second fluids, such as beverage concentrate components, until dispensing is provided, as well as methods of assembly and dispensing. The container can have a body for containing the first fluid and an insert, received at least partially within the body, for containing the second fluid and isolating the first and second fluids. A first fluid exit path and a second fluid exit path can both be blocked by a valve member. When the valve member is moved to an open position, flow through both the first and second fluid exit paths can occur.