Poochandi

April 13, 2010

Global cola major PepsiCo aims to triple its USD 10 billion health drink business over the next 10 years as it sees "huge growth areas" for its 'Good for You' drinks, the company's Chairman and CEO Indra Nooyi said here.

"There is a tremendous growth in the health drinks segment. Right now we have a USD 10 billion business for 'Good for You' products.

"We think over the next 10 years, the business will be worth USD 30 billion," Nooyi said at an event organised by the Economic Club of Chicago yesterday.

She said going forward, the USD 60-billion PepsiCo would focus on geographic development as well as expansion of its 'Good for you' category of snacks and drinks.

While the company would expand footprint of its existing products, there are several markets where the per capita consumption of Pepsi's products is low.