Pepsi is a household name throughout the globe, and its products are consumed more than a billion times each day. Food and beverage manufacturer PepsiCo Inc. is based in the United States, and it has a wide range of products. The fact that PepsiCo's goods can be found in more than 200 countries makes it one of the world's biggest corporations. In 1965, Pepsi-Cola & Frito-Lays merged to establish the corporation that would become PepsiCo. Harrison, NY, is where the firm is now based.
In terms of net sales, it is the biggest food and soft drink company in North America and also the world's second-largest, after only Nestle. In 2018, the firm's domestic activities accounted for 57% of its overall revenue, while its overseas operations accounted for 43%. The firm provides soft drinks, juice drinks, tea, coffee, energy/sports beverage, snacks, packaged goods, mineral water, etc. Supplements, functional drinks, and now even cold-pressed drinks are now part of the corporation's product line. Pepsico has bought several companies since its start. So, let's take a look at all of PepsiCo's brands.
In the 1890s, a North Carolina chemist named Caleb D Bradham created a carbonated beverage that would become the company's first product. Pepsi-Cola trademarked the corporation in the early 1900s, and it quickly became a household name. Although the firm had been successful for 20 years, Mr. Bradham decided to sell it when it went bankrupt. It was not till the 1930s that Loft Inc.'s efforts brought it back to profitability. Diet Pepsi and the acquisition of Mountain Dew in the mid-1960s helped the Pepsi-Cola firm grow during this time.
Pepsi-Cola & Frito-Lays, two of the largest firms in the world at the time, joined in 1965 to become what is now known as PepsiCo Inc. After that, the corporation completed its purchase of Tropicana in 1998, followed by acquisitions of Quaker Oatmeal & Gatorade in 2001. Products including Pepsi, Diet Cola, and Fritos corn chips were now available, as well as Cheetos cheese-flavored snacks, Lays snacks, and Rold Gold pretzels. With the acquisition of Quaker Oatmeal, Gatorade became a billion-dollar corporation.
When SodaStream was purchased in 2018, the firm became the largest maker of home-brewed carbonated beverage equipment in the world. Recent purchases include the Australian firm Organic and raw trade Co, as well as the Nigerian firm Chi, limited, and the French firm Tropic. Costa, a British coffee brand, was also purchased by the firm. After more than 70 years in business, PepsiCo has grown into a multi-billion dollar company that produces and distributes a wide range of beverages, foods, snacks, and juices. The corporation sold its goods in more than 200 nations and earned a total of US$70.30 billion in sales in 2013.
A well-known Pepsi brand, Gatorade, is well-known in the United States for its distinctive range of sports beverages. PepsiCo's fourth-largest product, PepsiCo, is presently sold in more than 80 countries across the world. After being purchased by PepsiCo in 2001, the firm has now become the official beverage of the NBA and many other sports franchises and events.
PepsiCo owns the Mountain Dew fizzy drink brand as well, having been a subsidiary in 1964. In the United States, Mountain Dew is the most popular flavor of carbonated beverages. Mountain Dew is available in a variety of flavors and sugar levels. In the United States, Mountain Dew is indeed a popular soft drink. In the United States, Coca-Cola has a 6.7% soft drink market share as of 2017.
PepsiCo acquired Naked Juice, a firm that makes juices and smoothies, in 2007. This purchase contributed to the expansion of PepsiCo's product line by allowing the company to market nutritious juices & smoothies to health-conscious consumers.
Everyone is a fan of this company's orange juice since it's so good. Fresh fruit drinks are the reason Tropicana is so famous. One of PepsiCo's most important purchases, the firm was purchased by Pepsi in 1998. Minute Maid, a Coca-Cola brand, might face competition from Tropicana, a PepsiCo brand.
Cheetos are a beloved snack food not just in the United States but across the globe. In 2010, cheese puffs were the best-selling snack in the U.S. The fact that it is available in over 36 countries makes it one of PepsiCo's most lucrative products. Annual sales in over 40 countries exceed $4 billion. The firm's product range presently includes over 21 distinct flavors in the United States alone.
The brand of tortilla chips known as Doritos is among the most well-known and popular around the globe. Originally a restaurant in Wonderland, it was acquired by PepsiCo in 1964. Creative marketing efforts and several Super Bowl advertisements have made the brand a household name.
A major player in the food & beverage industry, Pepsi is a household name. All businesses want to become worldwide recognized, which they do by purchasing the most successful competitors in their industry. PepsiCo, on the other hand, has a long history of owning a variety of profitable businesses. Advertising and attracting consumers for Pepsi, one of the most well-known firms, is a primary goal of the company.