Topic: PepsiCo (2024)

Table of Contents
The company Food Beverage FAQs

The company

The company comprises six different divisions: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America, North America Beverages (NAB), Europe Sub-Saharan Africa (ESSA) and Asia, Middle East and Africa (AMENA). According to PepsiCo’s most recent annual report, the company generated net revenue of around 86 billion U.S. dollars worldwide in 2022. In the same year, the company recorded almost nine billion dollars in net income.

Food

Despite being best known for a soft drink, it's food that is the best performing segment for the company. In 2022, Frito-Lay alone generated around 24 billion U.S. dollars in revenue, accounting for about one quarter of PepsicCo's total revenue worldwide. In this segment, brands such as Lay's or Doritos are competing against other snack food products.

Beverage

In terms of the company's divisions, it's still Pepsico Beverages North America that generates the most revenue, despite food divisions creating more in total. Pepsi has been slowly losing market share in the carbonated soft drink category for years, standing at 8.9 percent in 2021. In the beverage segment, PepsiCo's main challenger has always been Coca-Cola. As a brand, Coca-Cola had a value of over five times that of Pepsi.

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Topic: PepsiCo (2024)

FAQs

What is PepsiCo best known for? ›

PepsiCo is known for its Frito-Lay snack food brands, soft drinks under its Gatorade, Mountain Dew, and namesake Pepsi brands, and cereal products under its Quaker Oats subsidiary. The PepsiCo name is deeply embedded within American pop culture.

What is the main message of Pepsi? ›

Our mission: Create more smiles with every sip and every bite. By creating joyful moments through our delicious and nourishing products and unique brand experiences. By being the best possible partner, driving game-changing innovation and delivering a level of growth unmatched in our industry.

Is Pepsi now owned by Coca-Cola? ›

Pepsi is not owned by Coca-Cola. The two companies have competed for more than 100 years and are the world's biggest beverage companies. They effectively have a duopoly in the beverages sector, though they do compete with smaller companies like Keurig Dr Pepper (NASDAQ:KDP).

What is the difference between Pepsi and PepsiCo? ›

In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated under Delaware General Corporation Law and headquartered in Manhattan, New York.

What is PepsiCo's most popular product? ›

PepsiCo, Inc. is an American multinational food, snack, and beverage corporation. Their most famous product is their Pepsi soft drink, which was developed 1898 by Caleb Bradham.

Does Pepsi own KFC? ›

Yum Brands Inc., is a restaurant company that owns quick-service chains Taco Bell, Pizza Hut and KFC, as well as fast-casual brand The Habit Burger Grill. It is headquartered in Louisville, Ky. Yum Brands was initially part of PepsiCo, which entered the restaurant business in 1977 with the acquisition of Pizza Hut.

What are Pepsi's core values? ›

PepsiCo is a global company that aspires to excellence economically and socially by upholding various values, including sustained growth, trust, responsibility, and empowering people. These values reflect what the firm wants to become, guiding the firm and nurturing a culture that drives PepsiCo towards its vision.

What does Pepsi stand for? ›

As the Los Angeles Times explained in 2017, the "Pepsi-Cola" is actually derived from "dyspepsia (i.e., indigestion), which the beverage was supposed to assuage."

What is Pepsi's slogan? ›

By Kyle O'Brien, Creative Works Editor. Two decades after Pepsi last launched a new tagline in the US, it has ushered in 2020 with a tag and campaign called 'That's What I Like'.

Who is richer Pepsi or co*ke? ›

The brand co*ke is owned by The Coca-Cola Company, along with numerous other soft drinks. In terms of overall size, PepsiCo has a market capitalization (the value of all outstanding common shares) of $232 Billion USD while the Coca-Cola Company has a market capitalization of $256 Billion USD.

Who is Pepsi owned by? ›

Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.

Is Dr Pepper owned by Pepsi? ›

Strangely, Dr Pepper is only owned by Coca Cola in its European and South Korean markets. Everywhere else it is sold is managed by the Keurig Dr Pepper company. Oli joined the Latest News team in 2021, taking an interest in economics, world news, and articles that build from his study of history.

Is Starbucks under PepsiCo? ›

In 1994, Starbucks and PepsiCo formed the North American Coffee Partnership (NACP), a joint venture created to develop and distribute Starbucks branded products, starting with the iconic Frappuccino® bottled coffee drink.

What fast food does Pepsi own? ›

The company's history began in 1977, when PepsiCo entered the restaurant business by acquiring Pizza Hut from co-founders Dan and Frank Carney. A year later, PepsiCo purchased Taco Bell from founder Glen Bell. In July 1986, R. J. Reynolds sold KFC to PepsiCo to pay off debt from its recent purchase of Nabisco.

Is Frito-Lay owned by Pepsi? ›

Frito-Lay, Inc.

(/ˈfriːtoʊ leɪ/) is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods.

What makes PepsiCo stand out? ›

PepsiCo excels in understanding what their customers want and delivering products that meet those needs. Their ability to create emotional connections with consumers through their brands significantly contributes to their sales success.”

What is PepsiCo primary industry? ›

PepsiCo, Inc. engages in the manufacture, marketing, distribution and sale of beverages, food, and snacks. It is a food and beverage company with a complementary portfolio of brands, including Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana.

Why is Pepsi unique? ›

Pepsi is said to have a burst of citrusy flavor, unlike Coca-Cola. co*ke is characterized by its slightly vanilla flavor. However, it dissipates over the course of a drink. This is where Pepsi shines.

Why was Pepsi so successful? ›

A superior distribution system, effective marketing (before it was called marketing) and incredible brand loyalty created legions of happy customers. Pepsi was the new kid on the block looking to prove something. They were hungry and willing to mix it up.

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