PepsiCo reportedly wants to emulate Smartwaters success

PepsiCo reportedly wants to emulate Smartwater's success

PepsiCo has declined to comment on a report claiming that it will enter the premium bottled water category with new product Om.

A spokesperson for the company told just-drinks it has “no details to share” on last week's Beverage Digest report, which said PepsiCo plans to launch the line in the US next year. AP, citing the report, said PepsiCo is seeking to emulate the success of the Coca-Cola Co's Smartwater, which it acquired with owner Glacéau in 2007

Bottled water consumption has increased in the US because of health concerns over sugary soft drinks. Soft drinks makers have sought to capitalise on this growth with moves into water and flavoured water products.

Yesterday, Groupe Danone CFO Pierre-Andre Terrise said flavoured water accounts for 30% of the company's water sales, maintaining the so-called “aqua drinks” sit at the heart of Danone's health strategy

Coca-Cola is still facing a lawsuit over claims made around its Vitaminwater brand, it emerged earlier this month.