PEPSICO IS ONE OF THE WORLD’S LEADING FOOD AND BEVERAGE COMPANIES SERVING MORE THAN 200 COUNTRIES AND TERRITORIES AROUND THE WORLD
About the Company
In 1965, Donald Kendall, the CEO of Pepsi-Cola, and Herman Lay, the CEO of Frito-Lay, recognized what they called “a marriage made in heaven,” a single company delivering perfectly-salty snacks served alongside the best cola on earth. Their vision led to what quickly became one of the world's leading food and beverage companies: PepsiCo.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated $70 billion in net revenue in 2020, driven by a complementary beverage and convenient foods portfolio that includes Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people.
Our company is made up of seven divisions: PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia/New Zealand and Greater China. Each of these divisions has its own unique history and way of doing business.
The roots of PepsiCo Beverages North America (PBNA) go back to 1898, when Caleb Bradham, an entrepreneur from New Bern, North Carolina created Pepsi-Cola and began offering it to his pharmacy customers.
For more information on the PepsiCo Beverages North America portfolio visit: www.PepsiCoBeverageFacts.com.
In 1932, C.E. Doolin entered a small San Antonio cafe and purchased a bag of corn chips. Mr. Doolin learned the corn chips manufacturer was eager to sell his small business, so Mr. Doolin purchased the recipe, began making Fritos corn chips in his mother's kitchen and sold them from his Model T Ford.
That same year, Herman W. Lay began his own potato chip business in Nashville. Not long after, Mr. Lay purchased the manufacturer, and formed the H.W. Lay & Company. The company became one of the largest snack food companies in the Southeast. In 1961, it merged with the Frito Company, becoming Frito-Lay, Inc.
Today, Frito-Lay North America (FLNA) makes some of the most-popular and high-quality snacks in the United States and Canada including Lay’s and Ruffles potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips and branded dips, Santitas tortilla chips, Sun Chips multigrain chips and Fritos corn chips. In addition, FLNA, through a joint venture with Strauss Group makes, markets, distributes and sells Sabra refrigerated dips and spreads.
For more information about Frito-Lay visit: www.FritoLay.com
The Quaker Oats Company was officially formed in 1901 when four American grain pioneers came together to incorporate the now familiar name. Dedicated to making hearty oats delicious and convenient, Quaker has remained a leading brand in oats by developing everything from breakfasts to snacks to tasty recipe ideas.
The Quaker Oats Company merged with PepsiCo in 2001. Today, Quaker Foods North America (QFNA) offers numerous products and choices including hot cereals, cold cereals, snack bars, rice snacks, Real Medleys and more.
In addition to Quaker’s brands, QFNA also makes, markets, distributes and sells cereals, rice, pasta, dairy and products such as Cap’n Crunch cereal, Life cereal and Rice-A-Roni side dishes.
For more information about Quaker Oats visit: www.quakeroats.com.
Over the course of more than 100 years, PepsiCo's Latin America business has grown to become one of the strongest foods and beverage manufacturers in the region, by working closely with local entrepreneurs and investing in lasting win-win partnerships with our suppliers and farmers, investors, consumers and communities. We are widely recognized for the economic growth that we have helped bring to Latin America.
PepsiCo Latin America sells beverages, food and snacks throughout the region employing more than 70,000 employees in 34 countries and generating$7.2 billion dollars in sales. In Latin America, our portfolio includes major global brands such as Pepsi, Quaker, Lays, Gatorade, 7UP, Tropicana, Doritos, Cheetos, SoBe, Ruffles, Mafer and Mirinda, as well as regional and local brands like Toddy, Toddynho, H2OH!, Paso de los Toros, Tortrix and Kero Coco.
PepsiCo's businesses have been operating in markets across our Europe sector for more than 80 years, manufacturing and supplying delicious food and beverages which are enjoyed by millions of consumers each day. Our portfolio of snacks, soft drinks, dairy, juices and grains, encompasses world famous brands such as Pepsi, Lay’s, Doritos, 7UP, Tropicana and Quaker Oats, alongside our much-loved, local and regional brands including Walkers crisps, Alvalle Gazpacho, Duyvis nuts and Agusha baby food. We are now the leading manufacturer of savory snacks, hot cereals, and juices in the Europe sector and the second-largest producer of carbonated soft drinks and dairy.
Our Europe team is committed to excellence, innovation and meeting consumer needs and our commitment to sustainability is at the heart of our business - from the crops we grow, through to our manufacturing operations and the packaging of our brands. Over the decades we have invested in our local markets, providing support to farmers through our Sustainable Farming Programme as well as partnering with numerous NGOs to improve the livelihoods of communities where we operate.
PepsiCo Europe is headquartered in Geneva, Switzerland and led by Silviu Popovici, Chief Executive Officer of Europe.
The AMESA sector consists of the Africa, Middle East and South Asia regions, and features many leading global and local snack brands including Lay’s, Cheetos, and Doritos, along with local favorites such as Chipsy (Egypt), Simba (South Africa) and Kurkure (India and Pakistan), as well as various beverage brands including 7UP, Pepsi, Aquafina, Mtn Dew, Mirinda, and Sting. The AMESA sector covers a wide span of developing and emerging markets, including the key countries of Egypt, India, Saudi Arabia, Pakistan and South Africa.
In 2020, PepsiCo acquired Pioneer Foods, a leading food and beverage company in South Africa, adding its robust, well-known brands including Weet-Bix, Bokomo and Ceres to PepsiCo’s portfolio. The Pioneer Foods acquisition is key to PepsiCo’s growth strategy across the entire African continent.
The AMESA sector is committed to PepsiCo’s vision of sustainable growth, which emphasizes efficient use of natural resources including water, energy and sustainable farming practices. The sector is also working to create a world where plastic need never become waste by creating public-private partnerships in key markets to collect and recycle post-consumer plastic waste.
PepsiCo AMESA is headquartered in Dubai, UAE and led by Eugene Willemsen, Chief Executive Officer, Africa, Middle East, and South Asia.
The APAC sector consists of the Asia Pacific, Australia/New Zealand and China regions, offering a number of leading snack brands including Cheetos, Doritos, Lay's, and Smith's, as well as various beverage brands including 7UP, Aquafina, Mirinda, Mountain Dew and Pepsi.
PepsiCo also sells ready-to-drink tea products through a joint venture with Unilever under the Lipton brand, and license Tropicana through a strategic alliance with Tingyi (Cayman Islands) Holding Corp. (Tingyi).
PepsiCo APAC is headquartered in Shanghai, China and led by Wern-Yuen Tan, Chief Executive Officer, Asia Pacific, Australia, New Zealand and China.