Tag: soda

States Aim to Ban Soda, Candy Purchases From SNAP

Select U.S. states are considering bans on using SNAP benefits to pay for sugary snacks and sodas, causing controversial backlash between industry groups. If approved, the current administration would be the first to ban these specific foods from the program.

Is Pepsi’s Poppi Deal a Sign of Things to Come?

Companies like PepsiCo face long-term challenges, particularly with the declining consumption of soda. PepsiCo is attempting to get ahead of competitors with its acquisition of prebiotic soda brand Poppi. Still, obstacles line its path, according to one financial analyst.

Future of Soda: Less Sugar, More Influencers

The global carbonated soft drink market size is expected to grow at a modest CAGR of 4.7% through 2028, and industry experts say consumers demand more creative products like craft sodas.

EXCLUSIVE: OLIPOP CEO on Latest Funding Round, New Products

Functional soda brand OLIPOP recently raised $30 million in a financing round that included several celebrity investors. The Food Institute spoke with co-founder and CEO Ben Goodwin to learn more about the company’s product development …

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 …

Nestlé & Coca-Cola Refresh Beverage Portfolios

An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …