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PepsiCo's recent $1.65 billion acquisition of Poppi enhances its foothold in the booming healthy drink sector, as consumer preferences shift towards gut health-focused beverages amid rising costs of traditional sodas.
PepsiCo has announced its $1.95 billion acquisition of Poppi, a fast-growing prebiotic soda brand. This move aims to capture the rising demand for health-focused beverages, as Poppi's co-founder expresses excitement for the brand's future.
PepsiCo is acquiring Poppi, the prebiotic soda brand, for nearly $2 billion as soda consumption declines. This move highlights the growing popularity of health-focused beverages amid legal challenges for Poppi.
