Forbes: PepsiCo Will Look To Snacks For Future Growth

Soft drink have fallen out of favor with many consumers over the last several years, but snacks continue to be in high demand which is good news for companies like PepsiCo which offer both. While sales for PepsiCo’s drink division have been declining, sales from the company’s snack division have risen at nearly the same rate over the last three years, Forbes reports. As a dominant player in the snacks market, PepsiCo may continue to see bolstered growth in its salty snack segment as Americans continue their snacking habits, instead of its drink segment.