PepsiCo Inc.
Company Snapshot
Company Overview
PepsiCo is a multinational food and beverage corporation. PepsiCo’s portfolio includes a range of food and beverage brands, including Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker Oats, Lay’s, Doritos and Cheetos. The company also produces snack foods, such as crackers, cookies and nuts.
PepsiCo has started developing healthier products such as low-calorie and low-sugar beverages. It has also committed to reducing its environmental impact through sustainable packaging and sourcing of ingredients. The company has invested heavily in R&D to create new products and improve existing ones to meet the needs of athletes and active individuals. Gatorade, Rockstar Energy and AMP Energy are the company’s primary sports drink and energy drink brands; PepsiCo also offers a range of energy bars and snacks under its Quaker Oats brand.
PepsiCo has made efforts to reduce the sugar content of its sports drinks and energy bars. The company has also pledged to reduce its environmental impact through sustainable sourcing of ingredients and packaging. Its 2022 annual report stated that 100% of its grower-sourced crops (potatoes, whole corn and oats) are sustainably sourced in 30 countries, and more than 90% of these crops are sustainably sourced globally as of 2022. It also said that 65% of its global electricity needs were met by renewable sources. In July 2022, the company issued a new $1.25 billion 10-year Green Bond, which will focus on investments to advance key environmental sustainability initiatives under two pillars of its pep+ agenda: Positive Agriculture and Positive Value Chain.
Financial Highlights (FY 2023)
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PepsiCo Inc. In News
Company's Business Segments
- Products : Beverages, Snack Foods, Other Food Products
- Services : Marketing and Sponsorship, Research and Development
Applications/End User Industries
- Food and Beverages
- Education and Institutes
- Retail
- Sports and Fitness
- Hospitality and Food Service
- Entertainment
- E-commerce