A Trump administration could herald more business-friendly tax policies, but it could also stymie food labeling, health and nutrition-related initiatives set in motion under the Obama administration, and create uncertainty for businesses with operations...
As one analyst suggests that Dr Pepper Snapple Group has hit a ‘home run’ with Mexican mineral water brand Penafiel, the company says it hopes to increase distribution in the US.
While beverage’s biggest guns have pumped some serious cash into developing ‘mid-calorie’ versions of their iconic brands (Dr Pepper TEN, Pepsi Next, Coca-Cola Life), not everyone is convinced they will deliver the incremental growth to the ailing soda...
If current trends continue, carbonated soft drinks volumes could decline 15-20% by 2020 driven by sharp declines in diet variants, predicts Wells Fargo. But why have Americans fallen out of love with diet soda, and what are they drinking instead?
Dollar sales of low/zero calorie carbonated soft drinks (CSDs) plunged 8.6% in the four weeks to Sept 28, according to the latest Nielsen xAOC* data, which shows the diet soda market remains stuck in a rut.
So who'll clear up the mess? Big soda is unfairly shouldering the brunt of the blame for the US obesity epidemic, and the industry is fighting a losing battle to turn the tide in developed markets after a dismal summer.
It was a dismal summer in the US soft drinks aisles, with dollar sales of diet/low calorie soda plunging 7.1% in the four weeks to August 3 vs the same period last year, while unit sales slumped 6.9%, according to new report from Wells Fargo.
Dr Pepper Snapple (DPS) CEO Larry Young says the firm is very concerned by US sales declines in diet sodas and the company’s below average performance in that category.
Mid-calorie carbonated soft drink manufacturers must deal with the aftertaste issues associated with stevia, as the natural sweetener becomes more widely accepted by consumers, according to Datamonitor consumer analyst, Melanie Felgate.
As Dr Pepper Snapple’s profit fell by six per cent, the firm announced a hike in prices to help offset soaring packaging, ingredient and transportation costs.
PepsiCo has agreed to set up a ‘Chinese wall’ to ensure that the acquisition of its two largest bottlers does not jeopardise competition with rival Dr Pepper Snapple.
Anheuser boss August Busch is set to receive a windfall when his company is sold to InBev; but InBev has expressed dissatisfaction at its Q2 financial results. Likewise, Dr Pepper Snapple is proud of its progress, despite headwinds affecting the industry.