PepsiCo (NASDAQ:PEP) (NASDAQ: PEP) is a global food and beverage company headquartered in Purchase, New York, with a diversified portfolio of brands spanning carbonated soft drinks, juices, sports drinks, ready-to-drink teas and coffees, and convenient snack foods. The company’s beverage offerings include Pepsi, Mountain Dew, Gatorade, Tropicana and Lipton (in partnership with Unilever), while its snack lineup features Frito-Lay brands such as Lay’s, Doritos, Cheetos and Ruffles, as well as Quaker-branded cereals and oatmeal. PepsiCo’s integrated business model encompasses research and development, manufacturing, marketing and distribution across its beverage and convenient foods segments.
Founded in 1898 as the Pepsi-Cola Company by pharmacist Caleb Bradham, PepsiCo in its current form was established in 1965 through the merger of Pepsi-Cola and Frito-Lay. Since then, the company has expanded through both organic growth and strategic acquisitions, entering new categories such as sports nutrition and plant-based foods. Over the decades, PepsiCo has invested heavily in product innovation and marketing to maintain market leadership in many of its core categories. The firm operates manufacturing facilities in more than 50 countries and distributes its products to over 200 nations and territories worldwide.
Under the leadership of Chairman and Chief Executive Officer Ramon Laguarta, who assumed the CEO role in October 2018, PepsiCo has placed an increasing emphasis on sustainability initiatives, such as reducing greenhouse gas emissions, improving water stewardship and advancing recyclable packaging solutions. The company’s executive team oversees regional business units in North America, Europe, Latin America, Africa and Asia, each responsible for tailoring product offerings and marketing strategies to local consumer preferences. PepsiCo’s global reach and diversified portfolio position the company to address evolving dietary trends and capitalize on growth opportunities in both developed and emerging markets.
