PepsiCo’s beverage operation has been driven by innovation in recent years. However, its core brands have been threatened by the move from carbonated to non-carbonated drinks. The formation of an international division combining both foods and snacks has been a significant move and this division is now driving growth in revenue and profits.
The PepsiCo Annual 2006 covers developments in PepsiCo’s beverage business up to the end of 2005 with significant developments from the beginning of 2006.