PepsiCo has announced the acquisition of Poppi, a maker of prebiotic drinks, in a deal worth over $1.6 billion. This acquisition aims to strengthen PepsiCo’s presence in the growing market of healthy and functional beverages. The prebiotic drink segment is gaining popularity due to its health benefits, and this move by PepsiCo underscores its strategy to cater to consumer demand for healthier options.
— news from MarketWatch