PepsiCo Expands Plant-based Portfolio
PepsiCo has acquired Health Warrior, a US-based company that makes plant-based products including nutrition bars and on-trend offerings. The transaction will further expand PepsiCo’s nutrition portfolio to offer consumers additional options in an exciting growth category.
Al Carey, chief executive officer of PepsiCo North America, says: “We continue to position ourselves at the forefront of changing consumer preferences and trends. This acquisition helps us increase our presence in the nutrition bar category, which is an attractive growth space.”
Health Warrior was founded in 2011 and makes products that contain plant-based superfood ingredients and are lower in sugar. Health Warrior products are made from nutrient-dense, non-GMO and gluten-free ingredients. Its current offerings include nutrition bars made with chia and pumpkin seeds, and other plant-based protein offerings like mug muffins and protein powder.