PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles
1. PepsiCo to acquire prebiotic soda brand Poppi for $1.95 billion. 2. Healthier sodas are rising amid declining demand for traditional beverages. 3. Poppi's retail sales increased 122% year-over-year, attracting market interest. 4. Market trend shifts towards gut health-focused drinks appeal to younger consumers. 5. The deal reflects PepsiCo's strategy to bolster the healthy drinks category.