Why Gatorade is ditching athletes as its core market [Los Angeles Times (CA)]
PepsiCo, Inc. (PEP)
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Source: Los Angeles Times
PepsiCo, Gatorade's parent company, said Thursday that the brand wants to broaden its reach to non-athletes who are looking for ways to hydrate, whether they're on a long flight, going for a walk or nursing a hangover. New packaging highlights the specific ways Gatorade's various drinks and powders work and the research behind them. The change reflects U.S. consumers' booming interest in beverages with perceived health benefits. Jack Doggett, a food and drink analyst with the consulting firm Mintel, said his research indicates 60% of consumers who buy sports drinks aren't athletes but want the functional ingredients those drinks provide, like electrolytes for hydration and carbohydrates for energy. “People are using these drinks more for wellness and daily maintenance,” Doggett said. “It's easy to say that the wellness consumer is the young consumer, but older generations are also drinking these drinks for hydration.” Unit sales of sports drink mixes, like powders from Liquid I
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