Change in customer preferences towards low sugar or zero sugar.
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India’s thirst for ‘no added sugar’ increases; Varun Beverages notes significant shift in consumption habits
Varun Beverages, PepsiCo's Indian bottler, reports a surge in demand for low sugar/no added sugar carbonated drinks, constituting 55% of their sales volume in H1 CY2025. While Indian sales volume declined, international markets, particularly South Africa, experienced growth. The company is...