New Market Report: Pepsico in Packaged Food (World)
In 2013, although heavily dependent on snacks, PepsiCo posted strong financials, and again increased its returns to investors. Recent acquisitions/joint ventures, such as Tingyi, Muller Quaker Dairy and Wimm-Bill-Dann, helped Pepsi in promoting its "one product" strategy, leveraging synergies between snacks and beverages. As well as hot cereals and bakery, the company is now also expanding in dairy and nutrition through innovation, while maintaining robust growth in attractive emerging markets.
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