Snack and non-alcoholic beverages sales were up 4.1 percent in the four-week period ending on December 1, according to an analysis of Nielsen data by Wells Fargo Securities. The all channel report showed growing sales of carbonated soft drink (CSDs) across the category’s major players, including The Coca-Cola Company, PepsiCo, and Keurig Dr Pepper (KDP).
The first-ever U.S. Access to Nutrition Index, produced by the Access to Nutrition Foundation (ATNF), an independent non-profit organization, assigns a numerical score on a scale of one to 10 based on an evaluation of what the top ten food and beverage companies in the U.S. are doing to increase consumers’ access to healthy and affordable products.
An increase in dollar sales for sparkling flavored waters and energy drinks helped offset slow growth in carbonated soft drinks (CSDs) and a decrease in tea over a four-week period ending on Nov. 3, according an analysis of Nielsen data by Wells Fargo Securities. Total snack and non-alcoholic beverage sales were up 2.9 percent.
Quaker Oats, a division of PepsiCo, will officially enter the non-dairy plant-based milk space in January with the launch of Oat Beverage, a refrigerated three-SKU line available in 48 oz. multi serve bottles in three varieties: Original, Original Unsweetened and Vanilla.
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.
Indra Nooyi is leaving PepsiCo as its CEO, ending a run of nearly quarter century of leadership roles at the company. In that time Nooyi became an influential and progressive voice for the beverage industry in corporate America.
Convenience stores enjoyed a robust 4.2 percent estimated increase in non-alcoholic beverage sales in Q2, according to a survey of approximately 25,000 c-store retailers conducted by Wells Fargo Securities.
Despite tepid growth numbers for the spring, PepsiCo is placing an increased emphasis on innovation and incubation, chairwoman and CEO Indra Nooyi told investors and analysts during the company’s second quarter earnings call today.
Carbonated soft drink (CSD) unit sales increased 3 percent in a year-over-year comparison for a four-week period ending on May 19, as reported in a generally positive Wells Fargo Securities beverage report on Nielsen sales data released earlier this week.