PepsiCo is a global food and beverage company established in 1898. It operates in over 200 countries and has 22 billion-dollar brands such as Pepsi, Lay's, and Gatorade. PepsiCo focuses on beverages and snacks, and has acquired companies like Tropicana and Quaker Oats to expand its product portfolio. It competes primarily with Coca-Cola in beverages and Kraft in snacks. PepsiCo employs around 300,000 people worldwide and generates over $66 billion in annual revenue.