The beverage wars have always been fierce between rivals Coca-Cola and PepsiCo. But they’re raging this year now more than ever before, with Pepsi reformulating its sugar-free soda to taste less diet (and promoting it heavily ahead of Super Bowl LVII) and Molson Coors introducing its own zero-proof, fizzy canned drink.
It may seem like every time you go to the grocery store or gas station there’s a new drink on the shelf. Upstart beverages beloved by Generation Z (the age demographic born after 1997) love new fizzy drinks like Poppi, a healthy probiotic soda with zippy branding. No surprise Poppi is now worth billions.
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But PepsiCo has had less luck at targeting a younger generation with what’s previously worked on older ones. Gen Z famously drinks less soda, and large beverage conglomerates are working to move away from less-sensitive branding that uses words like “diet.”
Read more: The Street