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Beverages
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PepsiCo acquires prebiotic soda brand Poppi for US$1.95B to expand functional beverage portfolio
PepsiCo strengthens wellness beverage offerings with Poppi acquisition and enhances digital transformation through AWS partnership.
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Diageo projects US$150M tariff hit amid U.S. import duties
Diageo expects half of the US tariff impact to be mitigated, while its new programme aims to cut costs and drive agility.
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Varun Beverages to acquire 50% stake in Everest Industrial Lanka for US$3.75M
The acquisition supports Varun Beverages’ strategy of backward integration and internal sourcing of commercial visi-coolers and accessories.
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Rasna acquires Jumpin juice brand from Hershey’s India
Rasna reclaims iconic Jumpin brand, plans June 2025 relaunch with new low-sugar, vitamin-rich juice formulations for young consumers.
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India’s alcoholic beverage market to hit US$61.97B by FY26 amid rising premiumisation, steady demand
India’s alcobev industry set for 8–10% growth in FY26 as premium spirits drive profitability and volumes remain strong.