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PepsiCo India's low/no-sugar drinks reach 73% of beverage volumes, targeting nearly 90% in 18 months

Our read

PepsiCo India will probably get close to its nearly-90% low/no-sugar target within 18 months, with rural demand and 40% category growth carrying the shift, while rivals respond in kind.

For operators

PepsiCo India's low/no-sugar drinks now make up 73% of beverage volumes, up from nearly 50% a year ago, so retailers and distributors should expect shelf and cooler space to keep shifting toward zero-sugar lines as the company aims for nearly 90% in 18 months.

Watch

PepsiCo India or its bottlers reporting beverage volume growth that holds up as the low/no-sugar share rises past 73%

Ask next

What else has PepsiCo India done in the last three months?

The report,

PepsiCo India says no-sugar and low-sugar drinks now make up 73 per cent of its beverage sales volumes, up from nearly 50 per cent a year ago. It targets nearly 90 per cent over the next one and a half years.

PepsiCo India's low/no-sugar share of beverage volumes is set to rise from nearly 50% to nearly 90%
  • Low/no-sugar share of volumes, a year agonearly 50 per cent
  • Low/no-sugar share of volumes, now73 per cent
  • Target low/zero-sugar share of volumesnearly 90 per cent
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Reported figures

From the report. Source details below

Zero-sugar category industry growth: 40 per cent
Bottled soft drinks household penetration, March-May: 44.1 per cent
Growth coming from rural regions: nearly half
Sugar per serving in reformulated drinks: less than 100 calories

What to track next

  • Public statements or data showing the share moving toward nearly 90% ahead of the 18-month window
  • Coca-Cola India or other rivals announcing zero-sugar launches, price cuts or rural-focused packs
  • Industry zero-sugar category growth staying near 40%, or slowing sharply
  • New regulatory guidance or labelling rules on sweeteners and sugar-free claims

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • PepsiCo India is likely to convert more of its remaining full-sugar beverage lines, since moving from 73% to nearly 90% requires reformulating or replacing most of what is left.
  • Expect PepsiCo India to push low/no-sugar packs deeper into rural distribution, because nearly half of growth is already coming from rural regions.
  • Rival beverage makers such as Coca-Cola India may speed up their own zero-sugar launches and promotions as the category grows 40%.
  • PepsiCo India may use the 73% milestone in marketing and trade communication to frame itself as the sugar-reduction leader in Indian beverages.
  • Food-safety and health regulators may pay closer attention to sweetener use and zero-sugar claims as the segment scales.

The source

Source Read the source at The Hindu BusinessLine

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