A Keurig Green Mountain machine
Daniel Acker | Bloomberg | Getty Images
Keurig Dr. Pepper is not a normal pandemic work.
The company’s coffee business received a shake-up when office workers began working from home, forming habits that will be maintained even after employees return to their cubicles. Dr. Keurig Pepper can also win by returning demand to other parts of his business. And, due to some stock ownership changes, it is now the largest company that can join the S&P 500, which could further increase the valuation of the shares.
“Coffee is one of the categories that will benefit the pandemic in the short, medium and long term,” said Caleb Bryant, associate director of Mintel’s food and beverage division.