India's Food Authority Orders Halt to Use of 'Energy Drink' Label

Regulation
โดย Reuters·Read original
Summary · why it matters

The Food Safety and Standards Authority of India has ordered manufacturers to stop using the term 'energy drink' for high-caffeine beverages. The FSSAI and manufacturers agreed to label changes during discussions on the 24th, with a 90-day grace period granted. Affected companies include PepsiCo, Red Bull, Monster Beverage, Reliance, and Hell Energy. Retail sales of high-caffeine drinks in India are projected to reach 1.6 billion dollars by 2028, growing at an annual rate of 12.6 percent, but this measure could impact sales.

Impact on stocks 3

Consumer Staples▼ · 2 stocks
Monster Beverage Corp
MNST
▼ NegativeRegulationrelevance

FSSAI orders halt to 'energy drink' label, affecting Monster's high-caffeine beverages in India.

PepsiCo Inc
PEP
▼ NegativeRegulationrelevance

PepsiCo's high-caffeine drinks in India must change labels, potentially impacting sales.

Energy Transition & Power Demand▼ · 1 stocks

Off-coverage companies 2

Red Bull GmbHPrivate▼ Negative
Regulationrelevance

Red Bull's core product label 'energy drink' banned in India, likely hurting sales.

HELL EnergyPrivate▼ Negative
Regulationrelevance

Hell Energy's high-caffeine drinks in India must comply with new labeling rule.

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