Exciting pipeline of brewer and K-Cup pod
innovations include new QuickChill technology that delivers the
coldest coffee from a Keurig to-date and the most compact Keurig
brewer ever offered
BURLINGTON, Mass. and FRISCO, Texas, March 13,
2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP)
today announced a roadmap of innovation rooted in meeting the
evolving needs of coffee-lovers and delivering against key product
attributes including variety, quality, value and sustainability
(see also: "Keurig® Reimagines Single Serve Coffee with the Unveil
of its Next-Generation Coffee and Brewer Innovation"). The
Company's near-term vision includes the following Keurig® brewer
and K-Cup® pod offerings:
- K- Brew + Chill™ brewer: Launching in fall 2024, this is
the first Keurig brewer to offer breakthrough QuickChill
Technology™, first brewing hot to extract full flavor then
flash-chilling the coffee to a refreshing temperature that's as
cold as what a consumer can get from the coffee shop – and 3x
colder than Keurig's current Brew Over Ice technology – in less
than three minutes. The brewer will also provide the option to brew
the same high-quality cup of hot coffee for which Keurig is
recognized.
- Smallest-ever Keurig brewer footprint: Starting in 2025,
the brand will deliver all the quality, variety, and ease of its
existing Keurig brewers in new, simplified models that are
astonishingly small, in craveable designs and sold at affordable
price points.
- Coffeeshop-style K-Cup pods: In support of the demand
for more coffeeshop-inspired choices from the 45 million homes
across the U.S. and Canada with a
Keurig brewer, the Company is continuing to innovate within its
K-Cup pod portfolio. This spring, Keurig plans to introduce new
Green Mountain Coffee Roasters® Oatmilk One Step Lattes as well as
two new K-Cup pod varieties designed to be brewed over ice from any
Keurig brewer – The Original Donut Shop® ICED Refreshers, a fruit
forward, café-quality blend of refreshing flavors including
Pineapple Passionfruit and Strawberry Acai, and Green Mountain
Coffee Roasters® ICED Cold Brew pods, which contain 100% Arabica
coffee beans that are steeped for hours to infuse each sip with a
rich, smooth taste.
- Super-premium brands: In recognition of the quality
coffee Keurig brewers can deliver, the Company continues to attract
a broad range of super-premium coffee brand partners including BLK
& Bold, illy, Intelligentsia, La Colombe, Lavazza and Philz
Coffee, in addition to Kicking Horse and several other exciting new
brands launching later this year.
- Expanded recycling options: Later this year, Keurig will
offer a mail-back recycling program for K-Cup pods via Keurig.com
as an option for those consumers who cannot currently recycle their
coffee pods locally. K-Cup pods are made from recyclable
polypropylene (also known as #5 plastic), which is widely accepted
in communities across North
America, although not all communities that accept
polypropylene accept K-Cup pods. KDP is actively working with
communities and recyclers to help increase acceptance of K-Cup pods
where they also accept polypropylene.
Experience the full interactive Multichannel News Release
here:
https://www.multivu.com/players/English/9255652-next-chapter-keurig-k-cup-pod-system-product-portfolio/
Patrick Minogue, President, U.S. Coffee, commented: "Keurig
pioneered the single cup coffee category in North America by putting the consumer first
and bringing exceptional coffee shop experiences into millions of
homes. Our commitment to innovation and choice, including offering
the broadest portfolio of coffee brands and revolutionary brewer
systems designed to satisfy a wide range of coffee preferences,
will continue to propel our future growth. As consumers prioritize
more personalized, sustainable and accessible coffee experiences,
Keurig is proud to introduce the K-Cup pod system innovation plan –
designed for any countertop, drink preference and budget."
Keurig previewed its new K-Brew + Chill brewer in an unveiling
video. Consumers are invited to
visit https://www.keurig.com/k-brew-chill to learn
more.
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a
leading beverage company in North
America, with annual revenue of more than $14 billion and approximately 28,000 employees.
KDP holds leadership positions in liquid refreshment beverages,
including soft drinks, specialty coffee and tea, water, juice and
juice drinks and mixers, and markets the #1 single serve coffee
brewing system in the U.S. and Canada. The Company's portfolio of more than
125 owned, licensed and partner brands is designed to satisfy
virtually any consumer need, any time, and includes Keurig®, Dr
Pepper®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee
Roasters®, Mott's®, Snapple®, and The Original Donut Shop®. Through
its powerful sales and distribution network, KDP can deliver its
portfolio of hot and cold beverages to nearly every point of
purchase for consumers. The Company's Drink Well. Do Good.
corporate responsibility platform is focused on the greatest
opportunities for impact in the environment, its supply chain, the
health and well-being of consumers and with its people and
communities. For more information, visit
www.keurigdrpepper.com.
Forward-Looking Statements
Certain statements
contained herein are "forward-looking statements" within the
meaning of applicable securities laws and regulations. These
forward-looking statements can generally be identified by the use
of words such as "outlook," "guidance," "anticipate," "expect,"
"believe," "could," "estimate," "feel," "forecast," "intend,"
"may," "plan," "potential," "project," "should," "target," "will,"
"would," and similar words. Forward-looking statements by their
nature address matters that are, to different degrees, uncertain.
These statements are based on the current expectations of our
management, are not predictions of actual performance, and actual
results may differ materially.
Forward-looking statements are subject to a number of risks and
uncertainties, including the factors disclosed in our Annual Report
on Form 10-K and subsequent filings with the SEC. We are under no
obligation to update, modify or withdraw any forward-looking
statements, except as required by applicable law.
Investor Contacts:
Jane Gelfand
T: 888-340-5287 / jane.gelfand@kdrp.com
Chethan Mallela
T: 888-340-5287 / chethan.mallela@kdrp.com
Media Contact:
Katie Gilroy
T: 781-418-3345 / katie.gilroy@kdrp.com
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SOURCE Keurig Dr Pepper