HomeAbout

TL;DR CNBC


Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up - TL;DR CNBC

Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up

Publishing timestamp: 2024-04-06 08:00:01


Summary

Gatorade is facing tougher competition from brands like Prime Energy and Coca-Cola's Bodyarmor, but is branching out into new categories like unflavored water and energy drink mixes to stay ahead. Despite increasing competition, Gatorade is still dominant in the sports drink market, but is facing pressure from rivals looking to steal market share. The brand is focusing on innovation and new product offerings to maintain its position in the market.


Sentiment: MIXED

Tickers: ULKOULVR-GBPEP

Keywords: food and drinkbusiness newsretail industryunilever plcrestaurantspepsico inc.coca-cola cobusinessbreaking news: business

Source: https://www.cnbc.com/2024/04/06/gatorade-expands-into-new-products-including-plain-water.html


Developed by Leo Phan