
Core Hydration is a premium purified water brand owned by Keurig Dr Pepper (Nasdaq: KDP). Founded in 2015 by Lance Collins and Lukasz Gottwald, the brand was acquired by KDP in 2018 for $525 million. Core Hydration is known for its pH-balanced water with added electrolytes and 100% recycled plastic bottles. It is headquartered in Plano, Texas, USA.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Core Hydration | Keurig Dr Pepper | Wholly owned |
Lance Collins developed Core Hydration in the early 2010s. Collins was already a veteran beverage entrepreneur, having co-founded FUZE Beverage and NOS Energy Drink, both of which were later acquired by Coca-Cola. He partnered with music producer Lukasz Gottwald, known professionally as Dr. Luke, to launch the brand with backing from celebrities including Katy Perry, Diplo, and Becky G.
Core Hydration officially launched in March 2015 from El Segundo, California. The product was positioned as a premium purified water with a pH of 7.4, balanced with electrolytes and minerals including calcium, magnesium, and potassium. The brand marketed itself as working in harmony with the body's natural pH balance, differentiating it from both acidic and highly alkaline waters on the market.
The brand grew quickly. By 2016, Core had secured distribution through major regional distributors across the United States, including Honickman in the mid-Atlantic, Columbia Distributing in the Pacific Northwest, and General Distributing in the southwest. Core Hydration was carried at major retailers like Albertsons, Kroger, Safeway, and 7-Eleven.
In 2016, KDP (then Dr Pepper Snapple Group) signed on as a distribution partner, eventually handling approximately two-thirds of Core's U.S. distribution. This relationship proved critical. When Keurig Green Mountain merged with Dr Pepper Snapple Group in 2018 to form Keurig Dr Pepper, the new company moved quickly to acquire Core outright, paying $525 million for the entire Core Nutrition portfolio, which included Core Hydration and Core Organic.
Under KDP ownership, Core Hydration continued to grow. In early 2021, the brand transitioned its full product line to bottles made from 100% recycled plastic. At the time, Core was the fastest-growing brand in the premium water category. Later that year, Core became the first premium water brand and the first KDP brand to join TikTok, launching the #FindYourCore challenge, which generated nearly 2 million videos and over 2.5 billion views in three days.
In 2023, KDP launched the "Find Your Core" campaign with actress and singer Hailee Steinfeld as the brand's first celebrity ambassador since the acquisition. The campaign coincided with a 14% year-over-year increase in retail dollar sales in Q1. The brand has since continued to expand its flavor offerings and product formats while maintaining its core pH-balanced positioning.
Is Keurig Dr Pepper owned by another company?
No, Keurig Dr Pepper is an independent, publicly traded company with no parent organization. The company was formed through the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group and trades on NASDAQ under KDP. JAB Holding Company, which held a controlling stake at formation, has fully divested its shares. No single shareholder holds a controlling stake.
Is Keurig Dr Pepper publicly traded?
Yes, Keurig Dr Pepper trades on NASDAQ under the ticker symbol KDP. The company plans to separate into two standalone public companies, Global Coffee Co. and Beverage Co., targeted for late 2026. Each entity is expected to carry its own NASDAQ listing following the separation.
When was Keurig Dr Pepper founded?
Keurig Dr Pepper was formed on July 9, 2018, through the merger of Keurig Green Mountain and Dr Pepper Snapple Group. On April 1, 2026, KDP completed its $18 billion acquisition of JDE Peet's, the most significant expansion in the company's history.
What is Keurig Dr Pepper's revenue?
KDP reported FY2025 net sales of $16.6 billion, up 8.2% from $15.4 billion in FY2024. Adjusted diluted EPS was $2.05, up 7.3%. For 2026, KDP provided guidance of $25.9 to $26.4 billion in net sales, including the JDE Peet's contribution from April onward.
What brands does Keurig Dr Pepper own after the JDE Peet's acquisition?
Following the April 1, 2026 close, KDP's portfolio includes two platforms: Future Global Coffee Co. brands (Keurig, Peet's Coffee, Jacob's, Douwe Egberts, L'OR, Senseo, Tassimo, Moccona) and future Beverage Co. brands (Dr Pepper, 7UP, Snapple, Canada Dry, Mott's, Hawaiian Punch, Schweppes, Crush, GHOST, Bai, Core Hydration). The separation into two independent companies is targeted for late 2026.
What is Keurig Dr Pepper's market position?
Following the JDE Peet's acquisition close, KDP is the world's second-largest coffee business by revenue after Nestle, with a combined coffee portfolio of approximately $16 billion in annual revenue. In North American soft drinks, KDP is the third-largest competitor after Coca-Cola and PepsiCo.
Who will lead Global Coffee Co. and Beverage Co.?
KDP named Rafael Oliveira, formerly CEO of JDE Peet's, as the incoming CEO of the planned Global Coffee Co. spinoff. The CEO search for Beverage Co. was underway as of August 2026. Both companies are targeted to be independent, publicly traded entities by late 2026.
Core Hydration transitioned its full product line to bottles made from 100% recycled plastic in early 2021. At the time, it was one of the first premium water brands to make this change. The shift addressed growing consumer concern about plastic waste in the bottled water industry.
The brand operates under Keurig Dr Pepper's corporate sustainability framework. KDP has set targets for reducing greenhouse gas emissions, water usage, and waste across its manufacturing operations. The company aims to make all packaging recyclable, reusable, or compostable and has invested in lightweight packaging designs to reduce material usage.
Core Hydration's bottles are BPA-free and 100% recyclable. The brand encourages consumers to recycle through clear labeling on packaging. However, the brand has not obtained independent third-party certifications for its broader sustainability claims beyond its use of recycled materials. The sustainabilityFlags field reflects only the verified recycled-materials certification.
As a bottled water brand, Core Hydration faces inherent tension between its business model and environmental concerns about water extraction and plastic packaging. The 100% recycled bottle initiative is the brand's most concrete sustainability action to date.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Pepsico | USA | 1994 | Mass market | Global | All Genders | |
| Coca Cola Company | USA | 1999 | Mass market | Global | All Genders | |
| Danone | Indonesia | 1973 | Mass market | Asia pacific | All Genders | |
| Bluetriton Brands | USA | 1845 | Mass market | United states | All Genders | |
| Coca Cola Company | USA | 1996 | Mass market | Global | All-ages |
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Market Positioning: Core Hydration competes with 5 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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