PepsiCo’s top executive indicated on July 17 that the company may switch Pepsi’s sweetener from high-fructose corn syrup to sugar, one day after President Donald Trump said Coca-Cola would soon be making the change.
“Same journey that we have in foods, we’re following in beverages. This is a consumer-centric strategy. We’re following the consumer,” Ramon Laguarta, PepsiCo’s CEO, told investors on a call after being asked about Trump’s announcement.
“If the consumer is telling us that they prefer products that have sugar and they prefer products that have natural ingredients, we will give the consumer products that have sugar and have natural ingredients. So, this is a journey of following the consumer, trying to be a little bit maybe one step ahead of the consumer, but not too many steps. And it applies to both beverages and food.”
Trump said on Wednesday that he had been discussing with Coca-Cola the possibility of switching Coke’s sweetener to cane sugar in the United States, “and they have agreed to do so,” he said.
A Coca-Cola spokesperson told The Epoch Times that the company appreciates Trump’s enthusiasm for its brand and promised to soon share “more details on new innovative offerings within our Coca‑Cola product range.”
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Author: Marty Kaufmann
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