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UBS analyst Peter Grom maintains Keurig Dr Pepper (NASDAQ:KDP) with a Buy and raises the price target from $38 to $39.
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Selling minority investment in Chobani and Pennsylvania facility for $925 million in pre-tax proceedsProceeds to support Keurig Dr Pepper's deleveraging goalsUpdating and expanding long-term commercial relationship
Filed: 2026-09-01 AccNo: 0001418135-26-000055 Size: 2 MB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
The global functional water market was valued at USD 8.50 billion in 2025 and is projected to reach USD 16.54 billion by 2035, growing at a CAGR of 6.95%. Growth is driven by rising health consciousness, fitness trends, and demand for functional hydration. Vitamin-infused water dominates with 34.12% market share, while protein water is expected to grow fastest at 8.71% CAGR. North America leads with 34.45% market share, while Asia Pacific is the fastest-growing region.
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