Revenues for one of the world?s largest food and beverage conglomerates might be split half between drinks and snacks, but the latter is shouldering more responsibility than it is typically assumed. The foods business, comprising the likes of Frito-Lay and Quaker Foods, formed 53% of the net revenues last year for PepsiCo. While sales for the snacks division have risen at a CAGR of 3.5% over the last three years, sales for the drinks division have declined at a CAGR of 3.2%.
Revenues for one of the world?s largest food and beverage conglomerates might be split half between drinks and snacks, but the latter is shouldering more responsibility than it is typically assumed. The foods business, comprising the likes of Frito-Lay and Quaker Foods, formed 53% of the net revenues last year for PepsiCo. While sales for the snacks division have risen at a CAGR of 3.5% over the last three years, sales for the drinks division have declined at a CAGR of 3.2%.
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