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© Reuters. Oatly Vs. Pepsi: Which drink broth is better to buy?
As the summer is in full swing, the growing demand for refreshing and healthy drinks should boost sales of non-alcoholic beverage companies. Based on the growing demand for beverages while resuming outdoor activities, you may be able to reap the benefits of PepsiCo (NASDAQ 🙂 and Oatly (OTLY). Let’s find out which of these stocks is the best buy now. Meanwhile, PepsiCo, Inc. (PEP) is a well-established player in the non-alcoholic beverage industry in Harrison, NY. Oatly Group AB (OTLY) is a new member of the sector. PEP runs a food, beverage and snack business worldwide. It markets its products directly through in-store delivery, customer warehouses, a network of distributor networks, as well as e-commerce platforms and retailers. OTLY is a Swedish-based company that offers products made from oat milk plants to customers around the world.
The return of U.S. consumers to restaurants and tourist destinations should boost demand for fresh and healthy beverages this summer as the economy reopens. And as consumer tastes are shifting from the pandemic to health and wellness products, companies are struggling to develop new products. The non-alcoholic beverage market is expected to grow CAGR by 8.2% to $ 1.73 trillion by 2028. Therefore, we believe that both PEP and OTLY will reap the benefits of the industry’s wind power.
In terms of performance over the last three months, PEP is a net winner with a gain of 4.5% compared to OTLY’s negative returns. But which of these stocks is the best choice now? Let’s see.
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