In 2022, PepsiCo's U.S. market share in carbonated soft drinks was 24.3 percent. PepsiCo is an American food and beverage corporation, based in Purchase, NY. Famous company brands are Pepsi and Mountain Dew. Other soft drink industry market shares may be found here.

PepsiCo.

PepsiCo, Inc. is an American multinational food, snack, and beverage corporation. Their most famous product is their Pepsi soft drink, which was developed 1898 by Caleb Bradham. The company was founded in 1902 by Bradham himself and experienced financial success up to World War I. As a result of sugar rationing during the war, Bradham declared bankruptcy. In 1923, the Pepsi secret recipe and company trademark was purchased by Charles Guth of the Craven Holding Corporation. Guth was president of Loft Incorporated, a candy manufacturer that ran 155 stores across the United States. Loft was responsible for the reformulation and promotion of Pepsi. After a lengthy court battle between Guth and Loft Inc., Pepsi was absorbed into Loft, and re-branded as Pepsi-Cola Company (PepsiCo) in 1935. Since then, PepsiCo has introduced other drink brands, as well as snack foods. PepsiCo has established itself as second most popular soft drink company in the United States.

This timeline depicts PepsiCo's net revenue worldwide from 2007 to 2023. In 2023, PepsiCo's net revenue worldwide amounted to about 91.47 billion U.S. dollars. The fiscal year end of the company is March, 31stPepsiCoPepsiCo is an American food and beverage corporation, based in Purchase, NY. Famous company beverage brands include Pepsi and Mountain Dew. PepsiCo has increased its global net revenues from 39.47 billion U.S. dollars in 2007 to nearly 92 billion U.S. dollars in 2023. Caleb Bradham developed the recipe for the Pepsi soft drink in 1880 in North Carolina. As his drink became more popular, he established the Pepsi-Cola Company in 1902. In 1965, the Pepsi-Cola company merged with Frito-Lay Inc., to form PepsiCo, Inc. Currently, the company owns various well-known brands that with about 60 percent dedicated to food products and about 40 percent to drink products. PepsiCo is divided into seven main divisions. As of 2023, over half of the company’s revenues were generated from the North American Beverages (NAB) and Frito-Lay North America (FLNA) divisions. Many are familiar with the competition between PepsiCo and Coca-Cola, named the “cola wars”, but lately, both companies have started to depend on businesses outside the beverage market. Recently, the industry is responding to changes in the market as the demand for carbonated soft drinks has decreased. However, studies have indicated that few people can discern the difference between the two soft drinks in a blind taste test, nevertheless, there have been indications that Coca-Cola has been more successful in its branding.

[Keywords] Market include F&N Foods, Coca-Cola, Wahaha, Asahi Soft Drinks, Watsons

[Keywords] Market include ConAgra Foods, U.S. Waffle Company Inc., Kellogg, DELY WAFELS Co., Sanford Valley Distributors Inc.

In 2022, Coca-Cola was ranked as the leading carbonated soft drink (CSD) company in the United States with a volume share of 46.3 percent. Ranked second, PepsiCo garnered a volume share of 24.7 percent that year.

The carbonated soft drink industry

Carbonated soft drinks are processed flavored beverages packaged in bottles and cans. Unlike alcoholic beverages, carbonated soft drinks have no age limit and are widely available to consumers in hypermarkets, supermarkets, convenience stores and other retail outlets. In order to appeal to the health conscious, soft drink brands have launched diet or no-sugar versions of their products. In 2018, nearly 52 percent of American consumers aged between 30 and 49 years had had Coca-Cola Zero within the previous month. Some of the biggest companies in the world produced carbonated soft drinks: among them are Keurig Dr Pepper and PepsiCo, who had a global net revenue of 14.1 and 86.4 billion U.S. dollars, respectively. Carbonated soft drinks are segmented into various flavors such as lemon, cola, orange, and grape.

PepsiCo reports mixed Q4 earnings, with income up but demand in NA declining, facing market adaptation challenges.

[Keywords] Market include Conagra Brands Inc., The Hershey Company, Campbell Soup, PepsiCo Inc., General Mills Inc.

[Keywords] Market include RC Cola, Zevia, Carabao, PepsiCo, Dr Pepper Snapple Group

In 2022, the Pepsi-Cola brand had a market share of almost nine percent. With each consecutive year, the brand’s market share has been in decline. In 2008, Pepsi-Cola owned almost 11 percent of the market.

CSD competitors

PepsiCo’s carbonated soft drink (CSD) market share has likewise gotten smaller in recent years. Between 2008 and 2022, the company’s share decreased. Within that same period, Coca-Cola's CSD market share has remained stable at over 40 percent. In 2022, Coca-Cola was also the leading liquid refreshment beverage (LRB) company by volume share, followed by PepsiCo.

Nestlé Waters

Nestlé Waters is Nestlé AG’s bottled water division and is one of the largest bottled water companies in the world. The division is headquartered in Paris, France, and generates the bulk of its revenue in the United States and Canada each year. In 2019, Nestlé Waters generated sales of over four billion Swiss Francs in this region.

[Keywords] Market include Deka Company, All Stars Bakery, Coca-Cola, Ochakovskiy, Carlsberg Group

[Keywords] Market include True Organic, Hershey, Welch Foods and Mott, Nestle SA, Döhler Group

[Keywords] Market include PepsiCo, Vita Coco, Pure Brazilian Coconut Water, Bai, Coca-Cola

The global soft drink dispenser market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by several key factors. The rising demand for convenient beverage dispensing solutions in various sectors, including restaurants, cafes, offices, and entertainment venues, is a significant market driver. Consumers increasingly prefer readily available, chilled beverages, boosting demand for efficient and reliable soft drink dispensers. Technological advancements, such as the integration of smart features for remote monitoring and control, energy efficiency improvements, and aesthetically pleasing designs, are also contributing to market expansion. The growing popularity of customized beverage options and the increasing adoption of self-service kiosks are further fueling market growth. However, the market faces certain restraints, including high initial investment costs for advanced models, concerns about maintenance and repair, and the potential for increased competition from emerging beverage dispensing technologies. Market segmentation reveals strong performance across both commercial and residential applications, with distinct product types catering to specific needs. Leading companies are focused on strategic initiatives such as product innovation, expanding distribution networks, and forming partnerships to enhance their market positions. The North American and European regions currently hold significant market share, but emerging economies in Asia-Pacific are showing rapid growth potential. The market is expected to maintain a compound annual growth rate (CAGR) of 3.85% between 2025 and 2033, indicating a promising future. The market's competitive landscape is characterized by the presence of both established players and emerging companies. Key players leverage various competitive strategies, including product differentiation, brand building, and strategic acquisitions, to maintain their market share. Consumer engagement is crucial, with companies focusing on offering user-friendly interfaces, appealing aesthetics, and reliable performance to improve customer satisfaction. Geographical expansion into high-growth regions is a key focus for market leaders. The historical period (2019-2024) reveals a steady growth trend, providing a strong foundation for future market projections. Continued focus on innovation, coupled with adapting to evolving consumer preferences, will be critical for success in this dynamic market. The forecast period (2025-2033) presents opportunities for significant growth, particularly in regions with increasing disposable incomes and a rising demand for convenient beverage options.

Explore the competitive landscape of the soft drink industry, from major players like Coca-Cola and PepsiCo to growing trends towards healthier options and evolving consumer preferences.

The micro-fulfillment center (MFC) market is experiencing robust growth, driven by the escalating demand for faster and more convenient e-commerce deliveries. The increasing popularity of quick commerce and the need for retailers to compete effectively in a rapidly evolving landscape are key catalysts. Consumers expect immediate gratification, and MFCs, strategically located near urban populations, provide the infrastructure to fulfill this expectation. Automation within these centers, utilizing robotics and AI-powered systems, enhances efficiency and reduces operational costs, further fueling market expansion. While initial investment costs can be significant, the long-term return on investment is attractive due to reduced labor expenses and improved order fulfillment times. We estimate the 2025 market size to be $5 billion, with a compound annual growth rate (CAGR) of 25% projected through 2033. This growth trajectory is supported by ongoing technological advancements, expanding e-commerce penetration, and the increasing adoption of omnichannel strategies by retailers. The market segmentation reveals a strong B2C focus, reflecting the direct-to-consumer delivery model that MFCs support. While B2B applications exist, particularly for last-mile delivery solutions for businesses, the primary driver of market expansion stems from the surge in online shopping. Urban areas are currently the dominant segment, due to higher population density and increased demand for rapid delivery, but the expansion into rural areas is expected to gain momentum as infrastructure and logistics improve. Key players like Swisslog, Dematic, Fabric, Honeywell, Kroger, and PepsiCo are actively investing in MFC technology and expansion, indicating a highly competitive yet dynamic market landscape where innovation and strategic partnerships will be crucial for success. Geographic growth is anticipated across all regions, with North America and Asia Pacific expected to lead, driven by robust e-commerce markets and high levels of technological adoption.

Explore the USD 35B North America healthy snack market, driven by health trends, innovation, and convenience. Key players include PepsiCo & Kellogg.

The packaged food market has witnessed steady growth over the years, with a market size of XX million in 2025. It is projected to expand at a CAGR of 7.43% during the forecast period (2025-2033). The rise in disposable income, coupled with changing lifestyles and increasing urbanization, has contributed to the growing demand for convenience foods. Furthermore, the expansion of organized retail channels and e-commerce platforms has made packaged foods more accessible to consumers. Key drivers of the market include increasing demand for ready-to-eat meals and snacks due to busy lifestyles, advancements in food processing and packaging technologies, and growing health consciousness among consumers. Trends such as the rise of personalized nutrition and the adoption of sustainable packaging solutions are also expected to shape the market's future growth. However, restraints like concerns over food safety and the impact of government regulations on product formulations and labeling may pose challenges to the industry. The market is segmented into product type, packaging type, distribution channel, and region, with each segment offering distinct opportunities for growth. Recent developments include: January 2023: PepsiCo Inc. launched Pepsi Zero Sugar which provides a zero-sugar recipe to consumers. According to the company, it is constantly identifying consumer trends and preferences and working to create flavor profiles that meet consumers' ever-evolving needs., December 2022: PepsiCo Inc. launched "Doritos After Dark" in partnership with PepsiCo Foodservice Digital Lab2 and Popchew. According to PepsiCo Inc. (Frito-Lay's) latest Snack Index1, forty-three percent of consumers and half (49%) of Gen Z agree that snacking is the most satisfying after dark and thus tapped into the opportunity to launch "Doritos After Dark., June 2022: Conagra Brands recently unveiled an exciting range of new product innovations and frozen meals as part of its extensive summer line-up. With a focus on addressing mealtime dilemmas and satisfying cravings, the company is introducing a variety of options from its renowned brands, including Healthy Choice, Marie Callender's, Banquet, Frontera, and more. These offerings showcase contemporary flavors, on-trend ingredients, and convenient preparation methods., May 2022: General Mills acquired TNT Crust from private equity firm Peak Rock Capital. TNT Crust produces frozen pizza crusts for regional and national pizza franchises, food service distributors, and retail stores.. Key drivers for this market are: Growth In Foodservice Expenditure and Tourism Sector, Premiumization with the Growth of Fortified and Flavored Water. Potential restraints include: Concerns Regarding Plastic Waste and the Rising Inclination Toward Tap Water. Notable trends are: Plant-based Packaged Food are Witnessing Immense Growth.

The tortilla bread market is anticipated to record a strong and positive trend, with an estimated valuation of USD 28,500 million in 2025 and the growth rate of CAGR 4.7% which will be applied during the period of 2025 to 2035. This development is the result of the growing demand from consumers for the two-in-one Food, the distinct-flavor and Mexican cuisine, the most loved food worldwide.

Attribute	Details
Estimated Value by 2025	USD 28,500 million
CAGR 2025 to 2035	4.7%

Company Performance

Global Market Share, 2025	Industry Share %
Organized (PepsiCo and GRUMA, S.A.B. de C.V)	54%
Un-organized	46%

Tier-wise Company Classification, 2025

Tier	Tier 1
Market Share (%)	15%
Key Companies	PepsiCo, GRUMA, S.A.B. de C.V, and Old El Paso (General Mills)

Tier	Tier 2
Market Share (%)	47%
Key Companies	Olé Mexican Foods Inc., ARYZTA POLSKA SP. Z O.O, La Tortilla Factory

Tier	Tier 3
Market Share (%)	38%
Key Companies	Regional players, startups

In 2023, PepsiCo invested 3.8 billion U.S. dollars in advertising and promotion of its products. The company explains that those expenses include media and personal service prepayments, promotional materials in inventory as well as production costs of future media advertising. The Cola Wars Brand value is a term used to describe the worth of a brand by marketing professionals. PepsiCo, Inc. - the giant beverage and food industry company with roots dating back to 1898 - ranked second with a brand value of over 18 billion dollars among the highest-valued non-alcoholic beverage brands worldwide as of 2023, trailing behind its long-time rival Coca-Cola. For comparison, Coca-Cola's value was approximately 33.5 billion dollars. Pepsi's stake in the game As of May 2023, PepsiCo ranked among the largest companies worldwide, with a market capitalization of 267.64 million dollars. In generating this market capitalization, the U.S. market is vital for the company. In 2022, PepsiCo's U.S. market share in carbonated soft drinks with its products such as Pepsi, Mountain Dew, and Schweppes stood at 24.3 percent. However, in recent years, the giant's market share performed a decreasing trend.

[Keywords] Market include Hain Celestial, General Mills, Campbell Soup Company, Kellogg Company, PepsiCo