PepsiCo to invest in functional health and appoint new CFO following Q3 earnings
In its third quarter results, the multinational has beaten expectations in several key areas, but problems remain
PepsiCo
Coca-Cola’s Power Water takes on PepsiCo’s Propel
Functional bottled water wars continue between US beverage goliaths
Sustainable September
Unilever and PepsiCo among companies in new regenerative agriculture initiative
The initiative will centre around farmer-facing organisations and focus on upscaling
Sustainable September
Mars, PepsiCo and ADM join forces to advance ag-tech
Mars, PepsiCo and ADM are partnering to help farmers adopt regenerative agriculture - boosting soil health, crop resilience and sustainability
Major PepsiCo investor launches campaign for overhaul
Elliott Investment Management, with a $4bn stake in the company, wants to shake things up
Celsius buys Rockstar Energy Drink from PepsiCo
The deal also includes a $558 million investment from PepsiCo and distribution of Celsius’ Alani Nu
Is Pepsi Prebiotic Cola a ‘game-changer’ or just late to the game?
The beverage giant’s new cola adds fiber and leans on the cache of cane sugar — but faces stiff competition from a wave of early movers with cult-like followings
PepsiCo’s ‘permissible portfolio’ plays prominently in plans for future growth
PepsiCo leans into zero sugar, functional hydration and clean-label snacks as it refreshes marketing, innovation and execution to drive growth amid economic headwinds
Gut health: The next battlefield in the soda wars?
Long-time rivals in soda, Coca-Cola and PepsiCo have now entered a new battlefield: gut health soda
PepsiCo APAC eyes more ‘win-win’ partnerships from latest accelerator programme
PepsiCo is hopeful that more ‘win-win’ partnerships between the global F&B giant and regional startups will come out of its latest Greenhouse Accelerator (GHAC) programme in APAC.
PepsiCo buys modern soda brand Poppi for $1.95 billion in continued better-for-you push
PepsiCo tries to shake off recent market challenges with a revamped better-for-you portfolio, acquiring Poppi, Siete Foods and Sabra
Gatorade, Powerade and Bodyarmor: Market data reveals how the top trio shape the US sports drink category
The US sports drinks market is dominated by big guns Gatorade (PepsiCo), Powerade (Coca-Cola) and Bodyarmor (Coca-Cola). Which brand takes the crown – and how are innovations from the trio driving the market forward?
5 trends to watch in sports drinks
From booming personalization options to unexpected functional ingredients, we take a look at some of the trends redefining the sports drinks category.
PepsiCo tees up functional innovation with Gatorade & Propel
PepsiCo leverages Gatorade and Propel as an innovation platform to expand into more functional products while using recent acquisitions like Sabra to meet consumer demands for protein snacks
Budweiser, Stella Artois and more: The big beverage ads at Super Bowl LIX
David Beckham, Matt Damon, Channing Tatum and Shania Twain all feature this year
PepsiCo hones focus on zero sugar, hydration and sports drinks
In line with the company’s wider strategy to focus its innovation pipeline on products that meet nutrition and dietary preferences, PepsiCo will continue to elevate its focus on positive choices in the beverage category.
Innovation watch: Natural clean energy drinks
Health conscious consumers don’t want sugar-laden, taurine energy drinks: but they still want a burst of energy to keep them powering through their day. How are brands providing that better-for-you buzz?
PepsiCo lowers full-year guidance on Q3 2024 results, North American business continues volume declines
PepsiCo’s North American snack and beverage businesses continue to slow down in its third quarter of 2024, as the company adjusts its forecast from 4% organic revenue growth for the year to low single digits amid continued pressures but beats Wall Street...
Policymakers call on Coca-Cola, General Mills, PepsiCo to address pricing practices
Letters sent by Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Penn.) to the CEOs of Coca-Cola, General Mills and PepsiCo express concern over pricing and tax practices that, according to the policy makers, “squeeze profits out...
PepsiCo snaps up Siete Foods for $1.2bn
The acquisition of the Texas-based family-owned maker of Mexican-inspired snacks and foods marks a significant step for PepsiCo, aligning with its strategy to expand its health-conscious and multicultural offerings.
Coca-Cola & Bacardi to launch RTD cocktail as innovation heats up in the space
With Coca-Cola and Bacardi’s RTD cocktail announced for a 2025 launch, we take a look at some of the other big name partnerships between soft drink giants and beverage alcohol heavyweights in this space.
PepsiCo’s water stewardship includes converting steam from frying potato chips into drinkable water
When PepsiCo recently surpassed its goal of 25% improvement in operational water-use efficiency from a 2015 baseline in regions facing high water risks two years ahead of schedule it was not because the company hit a lucky home run, according to Bryan...
Forever young? PepsiCo China on how localisation and indulgence appeals to younger snack consumers
PepsiCo China has revealed its snacking strategies based on localisation and indulgence that have successfully captured and retained the interest of younger local consumers in the market.
PepsiCo struggles with slower US volumes in Q1 2024, challenges persist in beverage business
PepsiCo is sticking with its fiscal 2024 guidance, after releasing its first-quarter results yesterday, which showed fresh challenges for the food and beverage giant as volumes decreased across its core US businesses amid fierce competition and ongoing...
PepsiCo expands bubly brand with new flavor-forward bubly burst
On a trajectory to become one of PepsiCo’s next billion-dollar brands, bubly has been making a splash as a fun-loving sparkling water brand. New launch bubly burst is set to expand the brand’s appeal by tapping into a market of consumers looking for...
CAGNY 2024
PepsiCo builds out an ‘ecosystem of solutions,’ doubles down on positive choices
PepsiCo is expanding beyond snacks and beverages by going after more meal occasions and dayparts while continuing towards its nutrient goals outlined in its pep+ agenda, CEO Ramon Laguarta said at the Consumer Analyst Group of New York conference this week.
PepsiCo’s net revenues decline first time since 2020, impacted by pricing and Quaker Oats recall
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
Rockstar Energy hops on functional mushroom trend with Focus launch
PespiCo’s flagship energy drink – Rockstar Energy – is out with a new functional mushroom-infused beverage line called Focus, designed to provide an energy and mental boost, Danielle Barbaro, VP of PepsiCo North America Beverages R&D, told FoodNavigator-USA.
Pepsi rolls out rebrand globally: with new look that’s ‘unapologetically current and undeniably Pepsi’
Having unveiled a new logo and visual identity system in the US last year, Pepsi is now rolling out its new look globally in a bid to appeal to younger consumers and help ‘shake up the cola category’.
Carrefour stops selling PepsiCo products over price increases
European supermarket giant Carrefour has stopped selling PepsiCo products in France, Belgium, Italy and Spain: citing 'unacceptable' price increases from the American drinks and snacks giant.
Rockstar Energy: The ‘anchor’ to PepsiCo’s energy-drink strategy
PepsiCo is using Rockstar Energy as the core of its energy-drink strategy, while leveraging its partnership with Celsius to tap into leading consumer trends, Fabiola Torres, GM & CMO, SVP Energy Category at PepsiCo, told FoodNavigator-USA.
Unexpected and bold: The iconic nacho cheese taste of Doritos imbued into a first-of-its-kind spirit
The Frito-Lay brand has collaborated with Danish flavour innovator Empirical to launch Doritos Nacho Cheese Spirit – a limited edition, multi-sensorial experience that really tastes like nacho cheese.
PepsiCo announces €39m expansion at Irish manufacturing facility
PepsiCo Ireland has announced a €39m ($41m) expansion of its manufacturing facilities at its site in Little Island, Co. Cork.
PepsiCo raises 2023 full-year earnings outlook on Q3 performance, Gatorade loses market share to PRIME
PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates...
‘You've got to do it as an evolution rather than a revolution’: PepsiCo on adapting sustainability in field and factory
For a big company such as PepsiCo, sustainability is not only complex, but also a multi-layered process. Tackling sustainability across different geographies, in both factories and in agriculture, and across scope 1, 2 and 3 emissions, requires a...
Gatorade Water set to launch in 2024: promising to ‘bring the credibility and trust of the iconic Gatorade bolt to the water aisle’
With entrances into new categories including water and energy - alongside a string of recent low and no sugar products and even functional gummies - Gatorade says its portfolio is the ‘most complete offering on the market today across energy, hydration,...
PepsiCo hosts groundbreaking ceremony for new Colorado Springs distribution facility
PepsiCo Beverages North America (PBNA) held a ceremonial groundbreaking for its new 115,000-square-foot distribution facility in Colorado Springs, Colorado this week.
PepsiCo boosts manufacturing and R&D at Irish facility
PepsiCo is nearing completion of a €127m ($138m) investment at its Little Island manufacturing facility, which will create additional manufacturing capacity and further investment in its R&D campus.
PepsiCo talks HFSS renovation amid ‘positive nutrition’ boost
Just short of 18 months after the beverage-to-snacks giant launched its pep+ strategy, we check in to ask what nutritional progress has been made – and what is still left to do – for PepsiCo to meet its end-to-end objectives.
PepsiCo CEO signals softer approach on pricing for 2023, raises full-year guidance on improved productivity, elasticity
PepsiCo beat Wall Street expectations for its first quarter 2023 earnings due to strong margin growth while backing off potential future price increases to combat inflation and other supply chain issues, the company's Chairman and CEO Ramon Laguarta...
PepsiCo debuts customer sustainability platform: ‘We're leveraging the shared scale of PepsiCo and our customers' businesses to maximize impact’
PepsiCo is launching ‘pep+ Partners for Tomorrow’, a new platform to help its customers achieve their sustainability goals. Programs range from those focusing on recyclable beverage containers and cups to regenerative agriculture.
PepsiCo launches ‘Greenhouse Accelerator Program: Juntos Crecemos Edition’ for Hispanic-owned brands
PepsiCo has launched its Greenhouse Accelerator Program: 'Juntos Crecemos Edition': the first-ever Hispanic edition, which will focus on driving growth of emerging Hispanic-owned food and beverage businesses.
Soda wars heat up: Pepsi rebrands iconic soda line with focus on zero sugar
In a further shake-up to PepsiCo's beverage line, the company rebranded its namesake product for the first time in 14 years as the competition with its rival Coca-Cola heats up in the zero-sugar soda space.
Better-for-you beverages at Positive Nutrition 2023: From collagen-infused water to prebiotic soda
From fortification to flavor, low-no alcohol and low-sugar, what are consumers looking for in better-for-you beverages? Join us at FoodNavigator’s Positive Nutrition Summit to find out.
PepsiCo leans on new flavors, double-digit marketing to enhance consumers’ value perception, justify price increases
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...
PepsiCo Beverages North America opens warehouse in Arizona
PepsiCo Beverages North America (PBNA) has opened a new 238,000 square foot warehousing facility in Goodyear, Arizona.
PepsiCo reformulates Pepsi Zero Sugar, replaces Sierra Mist with STARRY in New Year shake-up
To kick start 2023, PepsiCo this week freshened up its beverage line-up, unveiling a new formulation for Pepsi Zero Sugar and releasing STARRY, a lemon lime-flavored soda that is replacing Sierra Mist.
Layoffs in food industry mount as PepsiCo joins Coca-Cola, General Mills, Walmart and others in cost-savings and restructuring efforts
PepsiCo this week joins the ranks of food manufacturers, retailers and delivery companies laying off employees or offering buyouts to reduce their workforce and offset inflationary pressures even as the consumer packaged goods industry overall struggles...
PepsiCo to increase reusable beverage packaging
PepsiCo wants to see 20% of its beverages served via reusable models by 2030: highlighting the four approaches it will focus on to achieve this goal.
PepsiCo UK swaps out diesel for cooking oil in green logistics roll-out
The Quaker-to-Walkers manufacturer is rolling out new logistics initiatives, including replacing diesel with recycled Hydrogenated Vegetable Oil in trips from Cupar to Leicester.