Latest news with #Beverages
Yahoo
7 days ago
- Business
- Yahoo
PepsiCo to shut manufacturing operations at US drinks plant
PepsiCo plans to shut down manufacturing, transport and maintenance operations at its Detroit site in the US. The decision, according to a letter sent by the company to the local mayor, affects over 80 employees. The closure will take place on 27 September. In a statement send to just drinks, PepsiCo's Beverages division in the US said: 'Our warehouse, fleet, delivery, sales and field service teams will continue to operate at this location. We are committed to supporting those impacted through this transition, and we are offering pay and benefits to impacted employees.' PepsiCo said it in its letter it had notified all affected employees on 21 July. Just Drinks asked the business to confirm which products the company produces at the Detroit site, and to explain the rationale behind the closure. PepsiCo's produces brands such as Gatorade, Mountain Dew, Lays and Quaker Oats in the US. Last week, the food and drinks giant said it was seeking to boost its productivity by 'integrating' its two-largest businesses in North America - snacks and drinks. The group's CEO Ramon Laguarta outlined the plans during its second quarter results presentation. He said the business expected to see 'sequential improvement' in revenue and market share through the rest of the 2025 financial year. 'One North America will modernise our company and improve our agility and marketplace competitiveness over time,' Laguarta said in his prepared remarks. Laguarta implied the integration will include PepsiCo's Frito-Lay North America reporting and operating division, along with PepsiCo Beverages North America (PBNA), each with revenues in 2024 of $24.8bn and $27.8bn, respectively. 'When it comes to the North America market, we have one new layer of opportunity that is going to give us a lot of opportunities to improve our cost structure over the next three, four years, which is the North America integration," Laguarta said. 'We have two large businesses, almost $30 billion each that have been operating almost a full value chain side by side. Now, with the investments we've made in technology, with the new data that we have in systems, we're going to start looking at those businesses in a more integrated way to perform some of the value chain tasks in an integrated way.' "PepsiCo to shut manufacturing operations at US drinks plant" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Associated Press
21-07-2025
- Business
- Associated Press
PepsiCo Launches First Ever Prebiotic Cola in Traditional Cola Category
PURCHASE, N.Y., July 21, 2025 /PRNewswire/ -- PepsiCo is proud to introduce Pepsi® Prebiotic Cola, the evolution of cola created to reflect the tastes and values of today's cola lovers. This innovation includes 5 grams of cane sugar, has 30 calories, and contains no artificial sweeteners. It delivers the classic crisp, refreshing taste of Pepsi—with the added functional ingredient of 3 grams of prebiotic fiber. Pepsi Prebiotic Cola is the next step for the iconic brand whose journey began in 1898, in New Bern, North Carolina. Launching in Original Cola and Cherry Vanilla flavors, Pepsi Prebiotic Cola delivers the taste of Pepsi-Cola that consumers have loved for over 120 years; a reinvention of the traditional cola experience, reinforcing the brand's commitment to providing choice across the cola portfolio. 'From the iconic blue can, to the consumer-preferred Pepsi Zero Sugar, our portfolio has always adapted to the needs and flavor preferences of the consumer,' said Ram Krishnan, CEO, PepsiCo Beverages U.S. 'Pepsi Prebiotic Cola represents the next leap forward in giving consumers choice, optionality and functional ingredients in their cola experience, without sacrificing the iconic Pepsi taste we're known for delivering. We can't wait for the world to try the taste of Pepsi Prebiotic Cola for themselves!' Available in 12 oz. single cans for trial and 8-packs of 12 oz. cans, the new offering will be available online this fall and at retail in early 2026, located in the traditional carbonated soft drink aisle alongside the full Pepsi portfolio. Pepsi Prebiotic Cola joins a stacked portfolio of PepsiCo beverage offerings, including the #1 modern soda player, poppi, after the acquisition earlier this year. About PepsiCo PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $92 billion in net revenue in 2024, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo. View original content to download multimedia: SOURCE PepsiCo Beverages North America
Yahoo
08-07-2025
- Business
- Yahoo
Is the Options Market Predicting a Spike in FMX Stock?
Investors in Fomento Económico Mexicano, S.A.B. de C.V. FMX need to pay close attention to the stock based on moves in the options market lately. That is because the July 18, 2025 $90 Callhad some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Fomento Económico Mexicano shares, but what is the fundamental picture for the company? Currently, Fomento Económico Mexicano is a Zacks Rank #4 (Sell) in the Beverages - Soft drinks industry that ranks in the Bottom 40% of our Zacks Industry Rank. Over the last 60 days, no analyst increased the earnings estimates for the current quarter, while Y have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.12 per share to $1.07 in that period. Given the way analysts feel about Fomento Económico Mexicano right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fomento Economico Mexicano S.A.B. de C.V. (FMX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
Food Additives Market Trends Analysis Report with Growth Forecasts, 2025-2030: Prebiotics Segment to Experience Fastest CAGR of 7.6% Due to Rising Health Awareness
Key drivers in the food additives market include the expansion of bakery, beverage, and convenience food industries. Europe sees rising demand due to the booming bakery sector, while Asia-Pacific dominates with its large consumer base. Prebiotics show the fastest growth due to health awareness. Discover market insights, competition strategies, and future trends in our comprehensive report. Food Additives Market Dublin, June 18, 2025 (GLOBE NEWSWIRE) -- The "Food Additives Market Size, Share & Trends Analysis Report by Product (Flavors & Enhancers, Sweeteners), Source (Natural, Synthetic), Application (Bakery & Confectionery, Beverages), and Region with Growth Forecasts, 2025-2030" report has been added to Food Additives Market was valued at USD 120.53 billion in 2024, and is projected to reach USD 169.22 billion by 2030, rising at a CAGR of 5.90%. The expansion of key end-use industries, such as bakery & confectionery, beverages, dairy, and convenience foods, along with the growing penetration of organized sector and e-retail, is driving the market growth. The food & beverage manufacturers have been focusing on new product offering in order to gain competitive advantage in the market. These players are focusing on well-differentiated products to meet the demand for innovative products in the market. For instance, in June 2023, T. Hasegawa USA introduced HASEAROMA, and ChefAroma, two innovative flavor enhancer technologies that are expected to help in the production of authentic-tasting food and beverage in weather conditions, planting methods, and government programs and policies affect the availability of agricultural produce, thereby impacting the prices of raw materials used for food additives. Factors such as variations in global temperatures, weather conditions, and precipitation patterns, changes in growing and harvesting conditions, and the occurrence of natural disasters, such as floods, wildfires, droughts, and water scarcity, negatively impact natural products such as fruits and flowers. Limited availability of raw materials and fluctuations in their prices are expected to hamper the market growth across the world during the forecast demand for food additives in Europe is expected to increase over the forecast period owing to the presence of a well-established bakery & confectionery industry in the region, coupled with growing consumer demand for bakery products and confectionery. ageing population and increasing focus on health, consumers in Europe are looking for healthy alternatives such as organic, fresh, added-value, artisanal, and ethnic baked items. Products with tags such as gluten-free, dairy-free, lactose-free, soy-free, and low-fat are gaining traction in the market in Europe which is driving the growth of the bakery food industry in the region and is promoting the use of safe food Additives Market Report Highlights Based on product, the prebiotics segment witness the fastest CAGR of 7.6% during the forecast period, owing to surged demand for prebiotics and growing consumer awareness regarding the maintenance of gut health and good immunity Based on source, the natural sources led the market with the largest revenue share of 82.7% in 2024, due to the rising demand for environment-friendly products among consumers In terms of application, the bakery & confectionery segment led the market with the largest revenue share of around 29% in 2024 The food additives market in Asia-Pacific dominated the global market with the largest revenue share of 32.7% in 2024, due to the presence of a large consumer base and end-use industries. Another major factor for the growth in the region includes availability of raw materials and substantial capacity for the production of various food & beverage products This report addresses: Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segment and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listings for you to stay ahead of the curve Key Attributes: Report Attribute Details No. of Pages 126 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $120.53 Billion Forecasted Market Value (USD) by 2030 $169.22 Billion Compound Annual Growth Rate 5.9% Regions Covered Global Key Topics Covered: Chapter 1. Methodology and ScopeChapter 2. Executive Summary2.1. Market Snapshot2.2. Segment Snapshot2.3. Competitive Landscape SnapshotChapter 3. Food Additives Market Variables, Trends & Scope3.1. Market Lineage Outlook3.2. Industry Value Chain Analysis3.3. Regulatory Framework3.4. Market Dynamics3.5. Industry Analysis ToolsChapter 4. Food Additives Market: Product Estimates & Trend Analysis4.1. Segment Dashboard4.2. Food Additives Market: Product Movement Analysis & Market Share, 2024 & 20304.3. Flavors & Enhancers4.3.1. Flavors & Enhancers Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)4.4. Sweeteners4.4.1. HIS4.4.2. HFCS4.4.3. Sucrose4.4.4. Others4.5. Enzymes4.6. Emulsifiers4.6.1. Emulsifiers Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)4.6.2. Mono, Di-Glycerides & Derivatives4.6.3. Lecithin4.6.4. Stearoyl Lactylates4.6.5. Sorbitan Esters4.6.6. Others4.7. Shelf- life Stabilizers4.8. Fat Replacers4.8.1. Fat Replacers Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)4.8.2. Protein4.8.3. Starch4.8.4. Fat4.9. Prebiotics4.10. Probiotics4.11. Dietary Fibers4.12. OthersChapter 5. Food Additives Market: Source Estimates & Trend Analysis5.1. Segment Dashboard5.2. Food Additives Market: Source Movement Analysis & Market Share, 2024 & 20305.3. Natural5.4. SyntheticChapter 6. Food Additives Market: Application Estimates & Trend Analysis6.1. Segment Dashboard6.2. Food Additives Market: Application Movement Analysis & Market Share, 2024 & 20306.3. Bakery & Confectionery6.4. Beverages6.5. Convenience Foods6.6. Dairy & Frozen Desserts6.7. Spices, Condiments, Sauces & Dressings6.8. OthersChapter 7. Food Additives Market: Regional Estimates & Trend Analysis7.1. Regional Movement Analysis & Market Share, 2024 & 2030Chapter 8. Food Additives Market - Competitive Landscape8.1. Recent Developments & Impact Analysis, By Key Market Participants8.2. Company Categorization8.3. Company Heat Map/ Position Analysis, 20248.4. Strategy Mapping8.5. Company Profiles ADM Ingredion Incorporated Novonesis Tate & Lyle Plc DSM Ajinomoto Co., Inc Cargill, Incorporated BASF Givaudan International Flavors & Fragrances, Inc. Biospringer Palsgaard Lonza Sensient Technologies Corporation Kerry Corbion Fooding Group Limited DuPont The Kraft Heinz Company For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Food Additives Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Gulf Insider
22-04-2025
- Business
- Gulf Insider
PepsiCo to Open Saudi R&D Flavour Factory
Drinks and snack giant PepsiCo has announced plans to open a regional headquarters and R&D centre in Saudi Arabia. PepsiCo has inaugurated its new and expanded Regional Headquarters for the Middle East in Riyadh's King Abdullah Financial District (KAFD). The headquarters spans 2,800sq m and has capacity for more than 150 employees. Ahmed El Sheikh, President and General Manager for Middle East, North Africa, and Pakistan Foods at PepsiCo, said: 'PepsiCo has been a partner in the Middle East for nearly 70 years, and the Kingdom remains at the heart of our growth strategy. 'Our new RHQ in Riyadh signals our firm and long-term commitment to this region's future and its people – through job creation, agricultural partnerships, social impact and environmental stewardship.' PepsiCo has invested more than SR9bn ($2.4bn) in Saudi Arabia over the last eight years, including SR199m ($53m) in 2023 in expanding its Dammam facility. Today, PepsiCo operates across 86 locations in the Kingdom and, together with its franchise partners, employs nearly 9,000 people. The company also sources 100 per cent of its potatoes locally to serve the regional market. At the inauguration, PepsiCo announced plans to launch a new SR30m ($8m) regional R&D centre this year in Saudi Arabia, serving as a central hub for product and packaging innovations in the GCC. The hub will include a state-of-the-art culinary facility for creating live prototypes and testing products and seasonings. It will also feature a first-of-its-kind immersive sensory studio to generate deep consumer insights and help PepsiCo to tailor its product portfolio to the region's consumer preferences. Mohamed Shelbaya, Senior Vice President & General Manager of MENA Beverages, said: 'The Middle East represents a key global market for PepsiCo. We are not only expanding our footprint but also innovating our product portfolio to meet the preferences of a young and dynamic consumer base, which makes up nearly half the region's population.' The food and drinks firm runs several social impact programs from its RHQ, such as MENA Innovates, which drives sustainable innovation across the region and includes initiatives like the Youth Impact Studio, focused on building entrepreneurship and leadership skills among Arab youth. It also operates Tamakani, its flagship initiative supporting the empowerment and career development of Saudi women. In addition to Pepsi, brands for the group include: 7UP, Aquafina, Gatorade, Mirinda, Lipton, Mountain Dew and Tropicana drinks, as well as Lays, Cheetos and Doritos snacks. Also read: Saudi Arabia's New VAT Exemption For Tourists Comes Into Effect
