PepsiCo, headquartered in Purchase, New York, is one of the world's largest multinational food and beverage companies. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global leader with a diverse portfolio of brands that includes not only beverages but also snacks and nutrition products. Today, PepsiCo operates in more than 200 countries and territories, offering an extensive range of products that cater to a variety of consumer preferences.
The company's iconic beverage brands like Pepsi, Mountain Dew, and Gatorade, alongside snack brands such as Lay’s, Doritos, and Quaker, contribute significantly to its global success. PepsiCo continues to focus on sustainable practices and innovation in product development to meet the evolving needs of consumers. With a market capitalization exceeding $250 billion in 2024, PepsiCo remains at the forefront of the food and beverage industry.
CEO and Founder of PepsiCo
Ramon Laguarta currently serves as the CEO of PepsiCo, a role he assumed in October 2018. Laguarta has been with the company for more than two decades, previously holding various leadership positions across Europe, Sub-Saharan Africa, and North America. His strategic leadership focuses on driving sustainability, product innovation, and expanding PepsiCo's global reach. Before Laguarta, Indra Nooyi served as the company's CEO from 2006 to 2018, during which PepsiCo saw significant growth and diversification.
PepsiCo's history dates back to 1898, when pharmacist Caleb Bradham created Pepsi-Cola. Over the years, the company underwent several transformations, including the landmark merger with Frito-Lay in 1965, which solidified its position as a global powerhouse in the food and beverage industry.
List of Top Companies Under PepsiCo
PepsiCo has expanded its portfolio over the years by acquiring several companies that complement its food and beverage business. Here is a list of some top companies owned by PepsiCo, along with their valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Frito-Lay | 1965 (Merger) | $35 Billion | Snack Foods (Chips, Crackers) |
| Quaker Oats Company | 2001 (Acquired) | $13.4 Billion | Cereals, Snacks |
| Gatorade | 1983 (Acquired) | $10 Billion | Sports Drinks |
| Tropicana | 1998 (Acquired) | $3.3 Billion | Fruit Juices |
| SodaStream | 2018 (Acquired) | $3.2 Billion | Home Carbonation Systems |
| Sabra Dipping Company | 2008 (Acquired) | $1.5 Billion | Hummus, Dips |
| Bare Snacks | 2018 (Acquired) | $300 Million | Healthy Snacks (Fruit Chips) |
| KeVita | 2016 (Acquired) | $200 Million | Probiotic Beverages |
| Mountain Dew | 1964 (Acquired) | $15 Billion | Soft Drinks |
| PepsiCo Beverages North America | - | $70 Billion | Beverage Division (Soft Drinks) |
FAQs About PepsiCo
Q1: When was PepsiCo founded, and by whom?
A: PepsiCo was formed in 1965 through the merger of Pepsi-Cola (founded by Caleb Bradham in 1898) and Frito-Lay. The company has since become a global food and beverage leader.
Q2: Who is the current CEO of PepsiCo?
A: Ramon Laguarta is the current CEO of PepsiCo, having taken over in 2018. His leadership focuses on sustainability and innovation.
Q3: What are PepsiCo’s key brands?
A: PepsiCo owns iconic brands such as Pepsi, Mountain Dew, Lay’s, Gatorade, Tropicana, Quaker Oats, and Doritos, among others.
Q4: What is PepsiCo's market capitalization?
A: As of 2024, PepsiCo's market capitalization is over $250 billion, making it one of the largest food and beverage companies globally.
Q5: What is PepsiCo’s approach to sustainability?
A: PepsiCo is committed to reducing its environmental footprint through sustainable sourcing, reducing plastic waste, and water conservation initiatives. The company also focuses on offering healthier product options to consumers.
Q6: Does PepsiCo offer healthy products?
A: Yes, PepsiCo’s portfolio includes healthy product lines such as Quaker Oats, Tropicana, and Bare Snacks, which cater to consumers looking for nutritious options.
