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Top related persons:
Keurig - 1 Nestlé's Nespresso - 1 Nespresso - 1 Matthew Barry - 1 Nestlé - 1 It's - 1 Jean - 1 Paul Gaillard - 1
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U.S - 1 Euromonitor - 1 CNBC - 1 JPMorgan - 1 Nespresso's - 1 North America - 1

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2 mentions found


☆ How Nespresso has made gains in the Keurig-dominated U.S. coffee pod market
  + stars: | 2023-12-01 | by ( Ryan Baker | ) www.cnbc.com   time to read: +2 min
Nespresso is brewing up competition in the U.S. coffee pod market. Nestlé's Nespresso, meanwhile, has had more success around the world, in a global retail coffee market that the Swiss food and beverage giant says is valued at about $100 billion. Nespresso's rise comes after the Keurig system took the U.S. by storm a decade ago. The company grew its domestic coffee sales by nearly $3 billion in the four-year span between 2009 and 2013. "There's still over 50 million households left in the U.S. coffee market that we look at and say, 'how do we meet the needs of those users?'"
Persons: Keurig, Nestlé's Nespresso, Nespresso, Matthew Barry, Nestlé, It's, Jean, Paul Gaillard, Alfonso Gonzalez Loeschen, Euromonitor's Barry, There's, Patrick Minogue, Dr Pepper Organizations: U.S, Euromonitor, CNBC, JPMorgan, Nespresso's, North America Locations: U.S, United States, North America
☆ Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking
  + stars: | 2023-04-29 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +5 min
Prebiotic soda maker Olipop is set to cross $200 million in annual sales this year, just five years after it arrived on grocery store shelves. Olipop had raised $55.4 million as of Jan. 2, at a reported valuation of $199.8 million, according to Pitchbook data. Consumers are also increasingly interested in "gut health," one of the latest wellness trends. Both Olipop and Poppi have leaned into influencer marketing on TikTok, where gut health became a trending topic last year. But Olipop's Goodwin is confident that consumers are willing to pay more for the drinks he formulates.
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