Keurig Dr Pepper sells physical beverages to thirsty humans — AGI cannot disrupt the need to drink, making this one of the most AGI-proof businesses in the market.
Keurig Dr Pepper is a major American beverage company formed from the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group. The company has a diversified portfolio spanning coffee systems (Keurig single-serve brewers and K-Cup pods), carbonated soft drinks (Dr Pepper, 7UP, Canada Dry, Sunkist, A&W, Squirt), juice and juice drinks, water, teas, mixers, and other beverages. KDP operates through a multi-channel distribution system serving retailers, restaurants, vending, and e-commerce. The company is the #3 non-alcoholic beverage company in the US by volume behind Coca-Cola and PepsiCo.
Retail grocery stores, mass merchandisers (Walmart, Target, Costco), convenience stores, foodservice operators (restaurants, hotels, cafeterias), vending machine operators, e-commerce platforms, and offices/businesses purchasing Keurig brewing systems and K-Cup pods. KDP reaches consumers through virtually all major retail and foodservice channels.
AGI cannot replace coffee, soda, juice, or water. Keurig Dr Pepper manufactures and distributes physical beverages — Dr Pepper, 7UP, Snapple, Green Mountain Coffee, K-Cup pods, and dozens of other brands. People drink beverages because they are thirsty, need caffeine, or enjoy the taste. No amount of artificial intelligence can substitute for the physical act of drinking a cold Dr Pepper. KDP's customers are grocery stores, convenience stores, restaurants, offices, and individual consumers. Beverage consumption is one of the most fundamental human needs and pleasures. Even if AGI eliminates every knowledge worker job on the planet, people will still drink coffee in the morning and soda with lunch.