Who Owns Poppi?
Poppi is owned by PepsiCo, Inc., which acquired the brand in May 2025 for $1.95 billion. PepsiCo is a publicly traded American multinational food and beverage company trading on NASDAQ under PEP and headquartered in Purchase, New York.
Parent Company
PepsiCo
Acquired
2025
Status
Publicly Traded
Headquarters
Austin, Texas, USA
Who Owns Poppi?
- Parent Company: PepsiCo
- Ownership Type: Subsidiary
- Acquisition Year: 2025
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: PEP
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Poppi | PepsiCo | Subsidiary |
History of Poppi
- Founded: 2018
- Founders: Allison Ellsworth, Stephen Ellsworth
- Acquired by PepsiCo: 2025
Poppi was founded in 2018 by Allison and Stephen Ellsworth, who began developing gut-healthy drinks in their kitchen. The concept emerged from Allison's desire to create a healthy soda alternative that combined fruit juice, apple cider vinegar, and soda water.
The brand initially operated under the name Mother Beverage before rebranding to Poppi. The founders appeared on Shark Tank, where they secured an investment that helped accelerate the company's growth. Throughout 2019-2024, Poppi expanded its distribution and product line, introducing various low-sugar flavors with 35 calories or less per serving.
By 2023, Poppi's sales had surpassed $100 million, and the brand was available in over 120 retailers. The company's success attracted major beverage industry attention, leading to PepsiCo's acquisition announcement in early 2025.
The acquisition was completed on May 19, 2025, for $1.95 billion, representing one of the largest acquisitions in the functional beverage category and validating Poppi's market position in the better-for-you soda segment.
About PepsiCo
What does PepsiCo own?
PepsiCo owns a portfolio of more than 23 brands each generating over $1 billion in estimated annual retail sales. Key brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina, and SodaStream in beverages, and Lay's, Doritos, Cheetos, Fritos, Tostitos, and Ruffles in snack foods. The company also owns Quaker Oats, Cap'n Crunch, and other cereal and food brands.
Is PepsiCo publicly traded?
Yes, PepsiCo, Inc. is listed on NASDAQ under ticker PEP. The company has been publicly traded since 1965. PepsiCo has no single controlling shareholder, with major institutional holders including Vanguard Group, BlackRock, and State Street. PepsiCo is a component of the S&P 500 and is classified as a Dividend Aristocrat for its 54 consecutive years of annual dividend increases.
Who founded PepsiCo?
PepsiCo was formed in 1965 through the merger of Pepsi-Cola Company and Frito-Lay, Inc. Pepsi-Cola was originally created by pharmacist Caleb Bradham in New Bern, North Carolina in 1898. Frito-Lay was formed through the 1961 merger of the Frito Company and H.W. Lay Company, the latter founded by Herman Lay in 1932. Donald Kendall and Herman Lay led the 1965 merger that created PepsiCo.
Where is PepsiCo headquartered?
PepsiCo is headquartered in Purchase, New York, USA, in Westchester County. The company has maintained its headquarters in Purchase since 1970. PepsiCo operates manufacturing and distribution facilities across the Americas, Europe, Africa, the Middle East, and Asia Pacific, selling products in more than 200 countries and territories.
How many brands does PepsiCo own?
PepsiCo owns a large portfolio of food and beverage brands, with more than 23 brands each generating over $1 billion in estimated annual retail sales. The portfolio spans carbonated soft drinks, sports drinks, juices, water, snack chips, cereals, and other food products. Key brands include Pepsi, Lay's, Gatorade, Doritos, Mountain Dew, Quaker Oats, Cheetos, Fritos, Tostitos, Ruffles, Aquafina, Tropicana, and SodaStream.
Who owns PepsiCo?
PepsiCo, Inc. is publicly traded on NASDAQ with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. Ramon Laguarta serves as Chairman and CEO. PepsiCo has no founding family or private equity controlling shareholder.
- Founded: 1965
- Headquarters: Purchase, New York, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: PEP
Where Is Poppi Made / Based?
- Headquarters: Austin, Texas, USA
- Manufacturing / Operations: United States, Global (through PepsiCo distribution)
Brands Owned by PepsiCo
- 7 Up - American lemon-lime flavored carbonated soft drink brand known for its crisp, cl...
- Aquafina - American brand of purified bottled water produced by PepsiCo, featuring both unf...
- Cap'n Crunch - Sweetened corn and oat breakfast cereal manufactured by Quaker Oats Company, fea...
- Doritos - American brand of flavored tortilla chips produced by Frito-Lay, a subsidiary of...
- Frito-Lay - American brand of snack foods including corn chips, potato chips, and savory sna...
- Fritos - American brand of corn chips created in 1932, known for their distinctive flavor...
- Gamesa - Mexico's largest manufacturer of cookies and crackers, producing popular brands ...
- Gatorade - American brand of sports-themed beverage and food products manufactured by Pepsi...
- Lay's - American brand of potato chip and snack products manufactured by Frito-Lay, a su...
- Life Cereal - Breakfast cereal produced by Quaker Oats Company, featuring a distinctive brown ...
- Mountain Dew - American carbonated soft drink brand known for its citrus flavor and high caffei...
- Pearl Milling Company - American pancake mix and syrup brand owned by PepsiCo through its Quaker Oats su...
- Pepsi - American brand of carbonated soft drink manufactured and marketed by PepsiCo, co...
- Quaker Oats - American food brand specializing in oatmeal, breakfast cereals, and grain-based ...
- Ruffles - American brand of crinkle-cut potato chips produced by Frito-Lay, a subsidiary o...
- Sabritas - Mexican snack company owned by PepsiCo, known for potato chips and corn snacks, ...
- Smith's - Australian snack food company known for potato crisps and extruded snacks, servi...
- SodaStream - Israeli home carbonation device manufacturer allowing consumers to make carbonat...
- Tostitos - American brand of tortilla chips and dips produced by Frito-Lay, a subsidiary of...
- Tropicana - American brand of fruit-based beverages, primarily orange juice, manufactured by...
- Walkers - British snack food company and the United Kingdom's leading manufacturer of cris...
Poppi Ownership: Pros & Cons
Advantages
- +Access to PepsiCo's extensive distribution network and retail relationships
- +Significant marketing resources and brand development support
- +Manufacturing scale and operational efficiency
- +Financial backing for product innovation and expansion
- +Integration with PepsiCo's health and wellness product strategy
Considerations
- -Potential loss of independent brand identity under corporate ownership
- -Need to maintain differentiation in PepsiCo's extensive portfolio
- -Pressure to achieve growth targets within large corporate structure
- -Competition from other functional beverage brands
- -Balancing artisanal brand image with corporate ownership
Frequently Asked Questions About Poppi
Competitors to Poppi
No direct competitors found in the same category. This could be because Poppioperates in a unique market segment or we're still building our competitor database.
PepsiCo Stock Information
Jobs at PepsiCo
Latest News About Poppi
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