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PepsiCo to triple health drink biz in 10 years

Global cola major PepsiCo aims to triple its USD10 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 yesterday.

"There is a tremendous growth in the health drinks segment. Right now we have a USD10 billion business for Good For You products."

Nooyi said going forward, PepsiCo would focus on geographic development as well as expansion of its Good For You category of snacks and drinks.