PEPSI Full Form? The name Pepsi came from pepsin (digestive enzyme) and kola nuts which are used in the making of the soft drink. Pepsi is the world-famous carbonated soft drink which is manufactured and marketed by PepsiCo. The drink was developed in the year 1893 and originally introduced in themarket under the name “Brad’s Drink”. In the year 1898, the name of the drink was renamed to Pepsi-Cola, which was again changed to Pepsi in the year 1961.
In selected areas, the drink is known as the “Pepsi-Cola Made with Real Sugar” as of the year 2014. The name of the drink gave birth to the company, PepsiCo. PepsiCo is essentially an international snack, food, and beverage corporation which has its headquarters at Purchase, in New York, the United States of the America. The company was established in the year 1965 following the amalgamation of Frito-Lay and Pepsi-Cola and has ever since then extended its reach throughout the world. As of the year 2012, about 22 distinct brands of PepsiCo have come up with retail sales in the neighbourhood of one billion dollars and are distributed in more than 200 nations.
In terms of net revenue, the company is the presently the second biggest food and beverage enterprise in the world and the biggest in North America. The product kitty of PepsiCo comprises 53% food products and about 47% beverages. On an international scale, the products have in toto generated annual retail sales in the neighbourhood of $108 billion. As of the year 2015, the company’s major brands include Quaker Foods, Lipton Teas, Tropicana, Gatorade, Lay’s, Mountain Dew, Tostitos, Mist, Fritos, Walkers, Aquafina, Cheetos, Ruffles, Mirinda, etc.
Interestingly, Pepsi has been regarded as one of the most active enterprises in furthering attempts towards the environment and other related aspects. Some of its projects include the Palm Oil Commitments, which was published in the month May 2014 promising that the company will contribute to the reduction in the deforestation as well as human rights abuses prevalent in the palm oil industry.
The Company has contributed a lot of money to object to the passage of the California Preposition 37 that would have required the disclosure of GM crops utilised in the generation of California food products on the ground that such crops can contribute greatly to the improvement of the quality of food products. However, despite actively engaging itself in key areas, the company has attracted criticism from NGOs on the account of poor progress and insufficient results from the commitments made by the company.