Pepsico Subsidiaries

Pepsico Subsidiaries

Established in 1965 through the merger of Pepsi-Cola and Frito-Lay, PepsiCo has since grown into one of the largest and most recognized companies in the consumer goods industry. Central to its success are its numerous subsidiaries, which play a vital role in expanding the company’s presence and diversifying its product portfolio. Some of the company’s most successful and popular subsidiaries include Pepsi, Naked Juice, Mountain Dew, Doritos, Lay’s, Quaker Oats, Cheetos, Gatorade, Tostitos, 7UP, and Walkers.

With a commitment to providing consumers with enjoyable and sustainable food and beverage choices, PepsiCo operates through a decentralized structure, empowering its subsidiaries to develop and market products tailored to local tastes and preferences. These subsidiaries operate in various sectors, including beverages, snacks, and nutrition, and have helped PepsiCo establish a dominant market presence across the globe.

PepsiCo is renowned for its flagship brand, Pepsi, as well as other popular names like Mountain Dew, Gatorade, and Tropicana. These brands cater to diverse consumer needs, ranging from carbonated soft drinks to sports drinks, fruit juices, and ready-to-drink teas.

In the snack division, PepsiCo’s subsidiary Frito-Lay holds a prominent position. Frito-Lay is a renowned snack food manufacturer known for producing some of the most beloved snack brands worldwide, such as Lay’s, Doritos, Cheetos, Tostitos, and Ruffles. With a diverse array of flavors and textures, Frito-Lay has captured the hearts and taste buds of snack enthusiasts across the globe.

In addition to beverages and snacks, PepsiCo has made significant investments in the nutrition sector through its subsidiary, Quaker Foods North America. Quaker Foods manufactures and distributes a wide range of products, including breakfast cereals, rice cakes, oatmeal, granola bars, and other wholesome snacks. The Quaker Oats brand, an iconic staple in many households, offers nutritious and convenient options for health-conscious consumers.

PepsiCo’s subsidiaries are not limited to the United States. The company has a solid global presence and operates through various international subsidiaries.

For example, in Europe, the company’s subdivision, PepsiCo Europe, encompasses a diverse range of subsidiaries, such as Walkers, Lay’s, Pepsi Max, and 7UP, catering to the preferences of European consumers. Similarly, PepsiCo Asia, Middle East, and North Africa (AMENA) serve as a platform for the company’s operations in the Asia-Pacific region and the Middle East, delivering popular brands like Mirinda, Aquafina, Tropicana, and Lays.

PepsiCo has also expanded its product offerings by acquiring and partnering with other companies in the industry. One notable example is the acquisition of SodaStream, a leading manufacturer of home carbonation systems that provides consumers with the ability to create their own beverages at home. This acquisition has enhanced PepsiCo’s sustainability initiatives and expanded its presence in the at-home beverage market.

PepsiCo Subdivisions and Subsidiaries

  • Frito-Lay North America:
    • Subsidiaries: Lay’s, Doritos, Cheetos, the Santitas Brands, Tostitos, Ruffles, SunChips, Smartfood, Stacy’s Pita Chips;
    • Highlights: Frito-Lay North America is known for its mouthwatering range of snack brands that have become household favorites. From the classic Lay’s potato chips to the bold flavors of Doritos and the cheesy goodness of Cheetos, this subdivision delights snack enthusiasts across North America.
  • North American Beverages:
    • Subsidiaries: Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina, Starbucks Ready-to-Drink Beverages, and more;
    • Highlights: The North American Beverages subdivision encompasses an impressive portfolio of beverage brands that cater to a wide range of consumer preferences. Whether it’s the refreshing taste of Pepsi, the energy boost from Gatorade, or the pure fruit goodness of Tropicana, this subdivision keeps consumers hydrated and energized.
  • South Asia, Middle East, and Africa (AMESA):
    • Subsidiaries: Lay’s, Kurkure, Mirinda, Simba, Mountain Dew, 7UP, Aquafina, Slice, and more;
    • Highlights: AMESA represents PepsiCo’s operations in diverse markets, including India, the Middle East, and Africa. Its subsidiaries offer an array of popular brands, such as the crispy Lay’s chips, the tangy Kurkure snacks, and the refreshing Mirinda and Mountain Dew beverages. This subdivision is dedicated to meeting the unique tastes and preferences of these vibrant regions.
  • Europe:
    • Subsidiaries: Walkers, Lay’s, Pepsi Max, 7UP, Tropicana, Quaker, Gatorade, and more;
    • Highlights: PepsiCo Europe caters to the dynamic European market, serving a variety of iconic brands. Walkers, known for its delicious potato crisps, stands out alongside Lay’s, offering an assortment of tantalizing flavors. With popular beverages like Pepsi Max and 7UP, along with nutritious options from Tropicana and Quaker, PepsiCo Europe is a go-to choice for European consumers.
  • Latin America:
    • Subsidiaries: Sabritas, Gamesa, Gatorade, Pepsi, Toddy, H2OH!, and more;
    • Highlights: PepsiCo’s presence in Latin America is facilitated through subsidiaries like Sabritas, which produces tasty snacks, and Gamesa, known for its cookies and crackers. The subdivision also offers refreshing beverages like Gatorade and Pepsi, providing a wide range of options to satisfy Latin American taste buds.
  • Asia-Pacific:
    • Subsidiaries: Lay’s, Cheetos, Doritos, Pepsi, Mirinda, Gatorade, Tropicana, Quaker, and more;
    • Highlights: PepsiCo’s Asia-Pacific subdivision is home to several well-known brands, including Lay’s, Cheetos, and Doritos, offering irresistible snack options. With popular beverages like Pepsi, Mirinda, and Gatorade, along with nutritious choices from Tropicana and Quaker, this subdivision caters to the diverse and vibrant markets in the Asia-Pacific region.
  • Quaker Foods North America:
    • Subsidiaries: Quaker Oats, Cap’n Crunch, Aunt Jemima, Rice-A-Roni, Near East, and more;
    • Highlights: Quaker Foods North America specializes in providing healthy and nutritious food options. The subdivision’s flagship brand, Quaker Oats, is renowned for its breakfast cereals and oatmeal offerings. It also offers convenient meal solutions like Rice-A-Roni and Near East, ensuring a delightful and satisfying dining experience.
  • Other notable subsidiaries and acquisitions:
    • Subsidiaries: SodaStream, Naked Juice, Izze, KeVita, Sunbites, Sabra, and more;
    • Highlights: In addition to the above subdivisions, PepsiCo has made strategic acquisitions to expand its product offerings. Brands like Naked Juice, Izze, and KeVita offer refreshing and healthy drink options, while Sabra provides delicious hummus and dips. SodaStream enables consumers to craft their own drinks using their home carbonation systems. These subsidiaries enhance PepsiCo’s commitment to innovation, sustainability, and meeting evolving consumer needs.

PepsiCo’s global subdivisions and its impressive subsidiaries collectively contribute to the company’s success and ensure that consumers worldwide have access to a diverse and satisfying range of food and beverage options.

Major PepsiCo Subsidiaries


The Pepsi subsidiary, a flagship brand of PepsiCo, is available across several subdivisions of the company, contributing to its global market presence. The subdivisions where the Pepsi subsidiary is commonly found include:

  • North American Beverages: Pepsi is a prominent part of the North American Beverages subdivision, which focuses on the production, marketing, and distribution of a wide range of beverages. With its iconic cola flavor that competes with Coca-Cola’s Coke product and various product variants like Pepsi Zero Sugar and Diet Pepsi, the Pepsi subsidiary plays a key role in quenching the thirst of consumers in North America;
  • South Asia, Middle East, and Africa (AMESA): Pepsi is also available within the AMESA subdivision, catering to the diverse markets of South Asia, the Middle East, and Africa. In these regions, Pepsi holds a significant market share and is known for its refreshing taste and extensive product lineup;
  • Europe: Pepsi is a popular choice within PepsiCo Europe, which covers a wide range of European countries. It offers consumers in this region the familiar taste of Pepsi, along with other PepsiCo brands like Pepsi Max and Pepsi Zero Sugar;
  • Asia-Pacific: In the Asia-Pacific region, the Pepsi subsidiary is widely distributed within PepsiCo’s Asia-Pacific subdivision. With a strong presence in countries like China, India, and Australia, Pepsi satisfies the taste buds of millions of consumers who appreciate its unique flavor and refreshing experience.

The Pepsi subsidiary is an integral part of PepsiCo’s global brand portfolio. As one of the most recognized and beloved carbonated soft drink brands worldwide, Pepsi has established itself as a symbol of refreshment and enjoyment. It is known for its distinctive taste, effervescence, and perfect balance of sweetness and tanginess.

Pepsi offers a range of product variants to cater to diverse consumer preferences and lifestyles. These include regular Pepsi, Diet Pepsi, Pepsi Zero Sugar, and various limited-edition flavors and promotional releases. The brand continually innovates to introduce new tastes and experiences, engaging with consumers through exciting marketing campaigns and partnerships.

With a commitment to quality and consistency, the Pepsi subsidiary maintains a high standard in its manufacturing processes to deliver a refreshing beverage experience. It exemplifies PepsiCo’s dedication to providing consumers with enjoyable and satisfying beverage choices.

Naked Juice

Naked Juice is primarily available within the North American Beverages subdivision of PepsiCo. It operates as a prominent brand within this subdivision, focusing on the production and distribution of a diverse range of healthy beverages.

Naked Juice is renowned for its commitment to providing consumers with nutritious and delicious juice products made from high-quality fruits and vegetables. It offers a variety of smoothies, juices, and juice blends, often featuring unique flavor combinations and functional ingredients.

The Naked Juice subsidiary emphasizes the use of whole fruits and vegetables, ensuring that its products retain the natural goodness and benefits of the ingredients. It strives to promote a healthy lifestyle by offering convenient, on-the-go options that deliver essential vitamins, minerals, and antioxidants.

Within the North American Beverages subdivision, Naked Juice complements other beverage brands, including Pepsi, Mountain Dew, Gatorade, and Tropicana. It caters to consumers seeking wholesome beverage choices, positioning itself as a brand that supports their well-being and nutritional goals.

Mountain Dew

Mountain Dew is a significant component of PepsiCo’s global brand portfolio, offering a distinct line of beverages that are available across various subdivisions of the company. The subdivisions where Mountain Dew is commonly found include:

  • North American Beverages: Mountain Dew plays a prominent role within the North American Beverages subdivision. As one of the flagship brands of PepsiCo, Mountain Dew has established a strong presence in North America, captivating consumers with its bold, citrus-flavored carbonated beverages. It is often associated with its signature green packaging and high-energy marketing campaigns;
  • South Asia, Middle East, and Africa (AMESA): Mountain Dew is also available within the AMESA subdivision, catering to the vibrant and diverse markets of South Asia, the Middle East, and Africa. It offers consumers in these regions a unique and exhilarating beverage experience, characterized by its distinctive flavor and association with adventure and thrill;
  • Europe: While less prevalent than in North America, the Mountain Dew subsidiary is expanding its presence within PepsiCo Europe. Mountain Dew is gaining popularity in Europe, particularly among the younger demographic, who appreciate its vibrant taste and energizing properties;
  • Asia-Pacific: In the Asia-Pacific region, Mountain Dew has gained a strong foothold within PepsiCo’s Asia-Pacific subdivision. It has become a go-to choice for consumers seeking a bold and refreshing beverage experience, complementing the region’s diverse tastes and preferences.

The Mountain Dew subsidiary is synonymous with a unique, vibrant, and high-energy beverage experience. Known for its exhilarating taste and association with extreme sports and adventure, Mountain Dew has become a beloved brand among consumers worldwide.

Mountain Dew offers a range of product variants, including the classic Mountain Dew, Mountain Dew Code Red, Mountain Dew Voltage, and several limited-edition flavors. Its bold citrus taste, combined with a touch of sweetness and carbonation, provides a refreshing and invigorating drinking experience.

With its distinct visual identity, featuring vibrant green color and edgy branding, Mountain Dew appeals to consumers seeking an energetic and adventurous lifestyle. The brand frequently collaborates with athletes, musicians, and artists to create engaging marketing campaigns and promotions.

Mountain Dew’s availability across multiple subdivisions of PepsiCo highlights its popularity and success in capturing consumer interest. It showcases PepsiCo’s commitment to offering a diverse range of beverage options that cater to different tastes and preferences.


Doritos, known for its bold and flavorful tortilla chips, is a prominent brand within PepsiCo’s global portfolio. The Doritos subsidiary is available across various subdivisions of PepsiCo, including:

  • Frito-Lay North America: Doritos is a significant part of Frito-Lay North America, a subdivision of PepsiCo dedicated to the production and distribution of snacks. Frito-Lay North America is responsible for managing a diverse range of snack brands, and Doritos holds a prominent position within this subdivision;
  • Europe: The Doritos subsidiary is also available within PepsiCo Europe, catering to the snack preferences of consumers across Europe. As one of the leading snack brands in the region, Doritos has gained popularity for its bold and innovative flavors.

Doritos is a well-established and beloved brand that specializes in tortilla chips with unique and intense flavors. Doritos offers a wide range of products that have become a staple in the snacking industry.

Originally created in 1964 by Arch West and distributed by the Frito Company, Doritos gained popularity for its crispy texture, bold flavors, and distinctive triangular shape.

Doritos tortilla chips are known for their wide variety of flavors, ranging from classic nacho cheese and cool ranch to spicy options like Flamin’ Hot and Sweet Chili. The brand constantly innovates to introduce limited-edition flavors, collaborating with popular brands and seeking input from consumers for new taste experiences.


Lay’s, renowned for its delicious and widely recognized potato chips, is a prominent brand within PepsiCo’s extensive portfolio. The Lay’s subsidiary is available across various subdivisions of PepsiCo, including:

  • Frito-Lay North America: Lay’s plays a central role within Frito-Lay North America, a subdivision of PepsiCo dedicated to the production and distribution of snack foods. Frito-Lay North America manages a diverse range of snack brands, with Lay’s as one of its flagship offerings;
  • Europe: The Lay’s subsidiary is also available within PepsiCo Europe, catering to the snacking preferences of consumers throughout Europe. Lay’s has established itself as one of the leading snack brands in the region, offering a wide variety of flavors and formats.

Initially established in 1932 by Herman W. Lay, the Lay’s brand grew steadily over the years and gained prominence for its commitment to using high-quality potatoes and carefully selected ingredients. In 1961, the Frito Company merged with the H.W. Lay & Company, resulting in the formation of Frito-Lay, Inc. Lay’s became a part of the Frito-Lay family through this merger.

Lay’s offers a diverse range of potato chip flavors, catering to various consumer preferences and regional tastes. Classic flavors like Original, Barbecue, and Sour Cream & Onion have become iconic, while the brand continuously introduces new and innovative flavor variations to captivate consumers.

Quaker Oats

Quaker Oats, renowned for its iconic oat-based products, is an integral part of PepsiCo’s diverse range of brands. The Quaker Oats subsidiary is available within the following subdivisions of PepsiCo:

  • Quaker Foods North America & North American Beverages: Quaker Oats operates within the Quaker Foods North America subdivision. It plays a significant role within this subdivision by offering a variety of wholesome and nutritious oat-based products. According to Forbes, the Quaker Oats Company was primarily acquired because of Gatorade;
  • Europe: Quaker Oats is also available within PepsiCo Europe, catering to consumers across the European market. With its range of oatmeal, cereal, and snack products, Quaker Oats has established a strong presence in the European region;
  • Asia-Pacific.

Founded in 1877, Quaker Oats has a rich heritage of providing nourishing and wholesome products to consumers. In 2001, PepsiCo acquired the Quaker Oats Company, integrating Quaker Oats into the PepsiCo family. This acquisition allowed PepsiCo to expand its product offerings in the breakfast and snacking categories.

Quaker Oats focuses on delivering products that are made from high-quality oats, offering nutritional benefits and a satisfying taste. Quaker Oats products are often associated with promoting heart health, providing fiber, and offering sustained energy throughout the day.

Quaker Oats emphasizes innovation and offers various product variations to cater to different consumer preferences. These include instant oatmeal packets, steel-cut oats, granola bars, and ready-to-eat cereals. The brand also caters to specific dietary needs with options such as gluten-free and organic products.

With its presence in multiple subdivisions of PepsiCo, the Quaker Oats subsidiary benefits from the company’s extensive distribution networks and marketing capabilities. PepsiCo’s resources and expertise support Quaker Oats’ continued growth and expansion into new markets.


Cheetos, known for its popular cheese-flavored snacks, holds a significant position within PepsiCo’s diverse portfolio. Cheetos is available within these subdivisions:

  • Frito-Lay North America: The Cheetos subsidiary plays a key role within Frito-Lay North America, a subdivision of PepsiCo dedicated to snack food production and distribution. Frito-Lay North America manages a wide range of snack brands, with Cheetos as one of its flagship offerings;
  • Europe: The Cheetos subsidiary is also available within PepsiCo Europe, catering to consumers across Europe. Cheetos has established itself as a prominent snack brand in the European market, offering a variety of cheese-flavored snacks to satisfy consumer cravings.

Cheetos is well-known for its distinctive, cheese-flavored snacks that have gained immense popularity among consumers of all ages. Cheetos offers a range of products with different shapes, textures, and flavors, providing a unique snacking experience.

Originally introduced in 1948 by Charles Elmer Doolin, Cheetos gained recognition for their crunchy texture and rich cheese taste. Over the years, the brand expanded its product line to include variations such as Cheetos Puffs and Cheetos Crunchy, captivating snack enthusiasts worldwide.

As aforementioned, in 1965, the Frito Company, the original producer of Cheetos, merged with H.W. Lay & Company, resulting in the formation of Frito-Lay, Inc. Cheetos became a part of the Frito-Lay family through this merger. When PepsiCo acquired the Frito-Lay company, it integrated Cheetos into its portfolio.

The Cheetos subsidiary continues to innovate, introducing new flavors and limited-edition releases to meet evolving consumer preferences. The brand’s products are characterized by their bold, cheese-infused taste, crispy texture, and playful packaging.


The Gatorade subsidiary, a leading sports drink brand, is a significant part of PepsiCo’s diverse portfolio. Gatorade is available within the following subdivisions of PepsiCo:

  • North American Beverages: Gatorade plays a central role within the North American Beverages subdivision. As one of the flagship brands of PepsiCo, Gatorade has established itself as a dominant force in the sports beverage market, catering to athletes and active individuals across North America;
  • South America: Gatorade is also available within PepsiCo’s South American subdivision, where it serves as a prominent sports drink brand. With its focus on hydration and performance, Gatorade has gained popularity among athletes and fitness enthusiasts in this region.

Gatorade was initially developed in 1965 at the University of Florida by a team of researchers who aimed to create a beverage to help athletes improve their performance and endurance. The brand gained prominence and became synonymous with sports hydration.

Gatorade offers a range of products tailored to meet the specific hydration needs of athletes. Its product lineup includes isotonic and energy drinks, protein shakes, and specialized formulations designed for pre-, during, and post-workout consumption.

Gatorade’s formulations focus on replenishing fluids, electrolytes, and carbohydrates lost during physical activity, helping athletes maintain optimal performance. The brand continues to innovate, introducing new flavors, product variations, and specialized offerings for different sports and activity levels.


PepsiCo, a multinational food and beverage corporation, boasts a diverse portfolio of subsidiaries contributing to its global success. These subsidiaries operate within various subdivisions of PepsiCo, catering to different markets and consumer preferences.

The principal PepsiCo subsidiaries discussed include the Doritos subsidiary, known for its bold tortilla chips; the Lay’s subsidiary, renowned for its delicious potato chips; the Gatorade subsidiary, a dominant player in the sports beverage industry; the Quaker Oats subsidiary, offering nutritious oat-based products; and the Cheetos subsidiary, famous for its cheese-flavored snacks.

Through strategic acquisitions and organic growth, PepsiCo has expanded its offerings and diversified its product range to meet the evolving needs of consumers worldwide. These subsidiaries benefit from PepsiCo’s extensive distribution networks, marketing capabilities, and research and development resources, enabling them to thrive and maintain their position as leaders in their respective markets.

The success of PepsiCo’s subsidiaries lies in their ability to provide innovative and high-quality products that resonate with consumers’ preferences for taste, nutrition, and convenience. Whether it’s indulgent snacks, nutritious breakfast options, sports hydration, or flavorful beverages, PepsiCo’s subsidiaries cater to a wide range of consumer demands.

PepsiCo’s commitment to sustainability, responsible sourcing, and community engagement further strengthens the impact of its subsidiaries. By prioritizing environmental and social initiatives, PepsiCo sets a benchmark for responsible business practices within the food and beverage industry.



Want Receive new Business Model Analysis direct on your inbox? Subscribe now and don't miss any new posts!