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PepsiCo corporate headquarters building in Plano, Texas — home of the global snacks and beverages company

PepsiCo: Snacks, Beverages, and Global Staples

PepsiCo (PEP) is a $93.9B global food and beverage company with 23 billion-dollar brands. This explainer covers Frito-Lay's snack dominance, the DSD distribution moat, beverage portfolio, international growth, capital allocation, and key risks.

May 27, 2026