What countries is Pepsi not sold in?
Overall, Coca-Cola continues to outsell Pepsi in almost all areas of the world. However, exceptions include: Oman, India, Saudi Arabia, Pakistan, the Dominican Republic, Guatemala, the Canadian provinces of Quebec, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island, and Northern Ontario.
There are now just two countries in the world where Coca-Cola cannot be bought or sold - at least, not officially. They are Cuba and North Korea, which are both under long-term US trade embargoes (Cuba since 1962 and North Korea since 1950).
Global Leader in Convenient Foods and Beverages
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world.
As of January 2021, the company possesses 23 brands that have over US$1 billion in sales. PepsiCo has operations all around the world and its products were distributed across more than 200 countries, resulting in annual net revenues of over US$70 billion.
PepsiCo has suspended all drinks sales in Russia following Vladimir Putin's invasion of Ukraine, but says it will continue to sell essential products such as baby milk and foods.
Yes, you can buy co*ke and Pepsi in Cuba.
The outlet explains that co*ke entered the Russian market in 1980; and opened its first Russian factory producing the beverage in 1992. American soft drinks in Russia have a rich history that spans the Cold War.
Since 2004, Coca-Cola Company has been the market leader, according to industry statistics. Pepsi ranks second, followed by Dr. Pepper-Snapple. In Q1 2022, PepsiCo had a market cap of $229.3 billion while Coca-Cola had a market cap of $268.4 billion.
Always Coca-Cola: Coca-Cola tops soft drinks brand rankings
The brand retains the title of world's most valuable and strongest soft drink brand, with a brand value of $33.2bn – almost double that of second place Pepsi at $18.4bn.
Russia is Pepsi's second-largest international market, after Mexico. The company generated $3.4 billion in Russia in 2021, about 4% of its $79 billion in revenue. But not every company is scaling back its operations in Russia.
Does Pepsi still operate in Russia?
The Coca-Cola Co. and PepsiCo on Tuesday said they will suspend their business in Russia, joining other leading U.S. brands in boycotting the country amid its invasion of Ukraine.
As pressure mounts, Coca-Cola, PepsiCo and Starbucks are all pausing their business in Russia, joining a sprawling list of brands that have suspended any presence in the country during its invasion of Ukraine.
Alexander Govor bought the majority of Russia's McDonald's outlets after the burger giant abandoned the country following its invasion of Ukraine, 32 years after it first came to Russia. The restaurants began reopening on June 12 with a new menu, logo, and name.
Yum Brands is close to selling its Russian KFC business as part of its plan to exit the country's market, the company announced Tuesday. The company said it plans to fully exit Russia once the KFC transaction is complete.
Rather than owning and operating their own stores in Russia, many fast-food chains franchise out their brand to other third-party operators. This means that they enter into a long-term agreement that permits a third party to use their brand.
Coca-Cola held a 28% market share in Iran, according to a 2016 report by research firm Euromonitor International, while Pepsi had around 20%. Asked about Coca-Cola sales in Iran, the Atlanta-based company said it had sold concentrate to Iran for over 20 years in line with U.S. sanctions policies.
In 1988, Coca-Cola was reintroduced into Saudi Arabia and the Middle East, later on a joint venture in 1993, established The Coca-Cola Bottling Company of Saudi Arabia (CCBCSA).
The World's Largest Nonalcoholic Beverage Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories.