Adds R&D Capability, Credibility in Fast-Growing Food and Beverage Category
February 3, 2021
Last week, PepsiCo announced a joint venture with alternative burger maker Beyond Meat “to develop, produce and market innovative snack and beverage products made from plant-based protein.” The JV will be called The PLANeT Partnership. While the two companies...
Analysts Buck Trends With Rating Boost For Coke, Downgrade For PepsiCo
February 3, 2021
AllianceBernstein re-initiated coverage of US consumer staples stocks last month under the leadership of Analyst Callum Elliot. He took over from Ali Dibadj, who was promoted to finance and strategy head in early...
Keurig Dr Pepper has a path to “a sizeable deal in the near future,” analysts at Consumer Edge Research concluded in a Jan. 27 report. The analysts, led by Brett Cooper, connected several dots, including KDP’s recent addition of two finance experts to its board. BD explores the possibilities.
Sports drink category challenger BodyArmor has launched the brand’s first caffeinated offering. BodyArmor Edge, available nationwide this week, contains...
Large BevCos Most Exposed to Threat, Consumer Edge Says
January 19, 2021
Consumer Edge Research published a report last week that said increased drink mix consumption is “potentially one of the most disruptive forces in non-alcohol beverages and associated supply chains.” Right now, mixes are...
Pandemic-related challenges for the global Coca-Cola system showed up in the US stock market last year as well. Coca-Cola, and bottlers Coca-Cola Consolidated, Coca-Cola European Partners, and Coca-Cola Femsa all...
Coca-Cola posted third-quarter volume declines in most markets, according to a BD review of regulatory filings. The company’s expansive exposure to ...
Four of five non-carbonated beverage categories tracked by BD grew by volume and dollars during the first nine months of this year, as the table with this story shows. ...
PepsiCo Executive Calls Decision ‘Confusing’ Given Progress
November 17, 2020
Updated: Bang Energy has cancelled its master distribution deal with PepsiCo without cause, according to a termination letter released by Bang this morning. PepsiCo's SVP of Energy Integration Eric Hanson spoke to BD about the termination in an exclusive interview ...
A collection of industry news to keep you in the know, including: MONSTER CREATES ‘STREET TEAM.’ Monster Beverage has hired a chief field execution officer to lead a new “street team” ...