Sabra Chaudhuri

speaker
123 appearances 2 recordings 1 series first heard Oct 2019 last heard Aug 2022

Sabra Chaudhuri’s voice in public audio — every appearance, attributed to the second.

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Yeah, and I think the same way the bottled water growth has slowed, we're seeing the decline in sugary soft drinks also slow, and I think that's just natural.
People, you know, the most health-conscious people are going to leave really quickly, and then after a period of time,
the consumers who've stayed are just going to stick around and say, hey, we like drinking Coke or we like drinking Pepsi.
We're not going to stop.
So consumer tastes have changed.
I'd say overall people are still really health conscious.
It feels like now, though, people want more from bottled water than just a bottle of still water.
They're looking for the sparkle and the flavor that comes with a carbonated, sugary, soft drink, but they want like a healthier version of it, which is why they tend to then reach for these sparkling and flavored waters.
And you drink less of that stuff.
So you're not going to be drinking, you know, a huge bottle of sparkly flavored water the way you would have drunk a big bottle of still water.
Yeah, and I think that's a really big one for the industry.
And it's a long-term trend that I don't believe is going away anytime soon.
I think this industry is the most vulnerable to it more than sugary soft drinks or anyone else because essentially you can drink bottled water out of a tap.
And I think the industry really benefited from the convenience factor of buying that grab-and-go $1 bottle of water to stay hydrated with nobody really worrying about the plastic before.
Now, Nestle is trying a couple of different things.
It's trying to up how much recycled plastic it uses.
And it needs to do that because that's actually European regulation that's being rolled out.
But it's trying to do that all over the world.
And it's also trying to develop alternative materials to plastic.
So steel and wood have historically just not done very well.
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