Functional Beverages 1

PepsiCo Buys Poppi for $1.65B, Boosting Functional beverages

PepsiCo has made a strategic move by acquiring Poppi, the renowned functional beverage brand, for $1.65 billion. This acquisition underscores PepsiCo’s commitment to expanding its “better-for-you” product line as consumers increasingly opt for healthier alternatives over sugary drinks and snacks. In January, PepsiCo took a similar step by acquiring Siete Foods, a gluten-free chip manufacturer, […]