Tag: PepsiCo

7 Ways CPG Companies Accelerated Growth in 2021

In a recent IRI webinar on consumer packaged goods (CPG) company performance in 2021, senior leaders from three of the category’s top performing companies — Michael Del Pozzo from PepsiCo, Gary Osifchin from Reckitt, and …

Is Beyond Meat Beyond Repair?

Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …

CPG Companies Eye Plant-Based Market with Different Goals

More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …

Carbonated Beverages Bubbling Over with Innovation

The carbonated beverage category continues to evolve as low – or no-sugar attributes resonate with consumers and manufacturers pivot their traditional soft drink presentation accordingly. “The narrative is changing from ‘diet’ beverages to ‘no sugar,’” …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Big Soda Departs from the Juice Market

PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …

Frito-Lay Strike Shines Light on Factory Working Conditions

After nearly three weeks, the Frito-Lay worker strike has ended in Kansas. Employees in Topeka, Kansas have ratified a revised contract addressing what union leaders previously described as a diminished quality of life due to …

Corporate Diversity Initiatives One Year After George Floyd

George Floyd’s death sparked nationwide protests and ultimately served as a catalyst for anti- discrimination efforts. Many companies also responded by releasing statements against racism. And some took action, setting quantifiable goals to increase diversity …

Report: Snacking Spiked During Pandemic Lockdowns

As people spent more time at home during the pandemic, snacking rose significantly as a means to ease sadness, boredom, and stress. In fact, the average U.S. consumer reported eating 37% more snack foods and …

Food Brands Celebrate Earth Day with Focus on Sustainability

As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …

Beyond Meat, PepsiCo Team up on Plant-Based Products

The plant-based protein trend continued to gather momentum this week, when Beyond Meat and PepsiCo announced a joint venture to sell snacks and drinks made from plant-based protein. A WIN-WIN FOR TWO MAJOR PLAYERS The …

Creating More Diversity in Leadership Roles

While diversity in leadership roles in the food industry has historically been lacking, companies today are making the business case for inclusion and upping their commitment to advance racial equality. For instance, the Multicultural Foodservice …

CPG Brands Continue to Profit as Consumers Stay Home

Several CPG brands recently released quarterly earnings, displaying high demand for snacks and ingredients as consumers cook at home.   PepsiCo Quarterly sales for PepsiCo grew by more than 5%, fueled by higher sales of …

Will Pepsi’s Driftwell ‘ScaleWell’?

PepsiCo. Inc.’s PR tease for the Driftwell sleep aid beverage represents the company’s latest new brand creation since Bubly. Launching new trademarks has a very checkered history at public firms. Most of these launches quietly …

Major Food Companies Aim to Reduce Emissions

Several food companies are looking to set a good example for the industry by creating eco-friendly initiatives to become more sustainable—particularly when it comes to emissions. Walmart Big retailer Walmart is aiming for zero emissions …

World’s Biggest Plastic Producers Accused of ‘Hypocrisy’ Over Pledges

Coca-Cola, PepsiCo, and Nestlé made public pledges to cut plastic while undermining sustainability reforms behind the scenes through lobbying groups and trade associations, a report from Changing Markets Foundation claims. It accused the world’s largest plastic polluters of hypocrisy, …

Beverage Companies Lean into Health

Several beverage brands are launching new products that have a stronger focus on consumer health. PepsiCo is launching a new drink called Driftwell to aid sleep as consumers struggle with stress, reported CNBC (Sept. 14). …

Food Companies Make More Job Cuts

A growing amount of large food companies—particularly in manufacturing and foodservice—are continuing to restructure, making more job cuts in response to the coronavirus pandemic. Most recently, Coca-Cola laid off thousands of workers, offering voluntary deals …