Coca-Cola vs. Pepsi: Brands They Own and Key Differences

Updated August 2026

The Coca-Cola Company and PepsiCo are two of the largest beverage companies in the world, but they are not built the same way. Coca-Cola primarily owns beverage brands, while PepsiCo owns beverages, chips, cereals, dips, snacks, and other packaged foods.

The Coca-Cola Company’s major brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Minute Maid, Simply, Dasani, smartwater, Powerade, BODYARMOR, Topo Chico, fairlife, Costa Coffee, Gold Peak, and vitaminwater.

PepsiCo’s portfolio includes Pepsi, Diet Pepsi, Pepsi Zero Sugar, Mountain Dew, Gatorade, Aquafina, bubly, SodaStream, Propel, poppi, Lay’s, Doritos, Cheetos, Ruffles, Tostitos, Fritos, Quaker, Sabra, Siete, and many regional food and beverage brands.

Some brands commonly associated with these companies are not fully owned by them. PepsiCo does not own Starbucks, Lipton, Celsius, Alani Nu, Dr Pepper, or all of Tropicana. Coca-Cola has an investment in Monster Beverage but does not own the entire company. Ownership can also vary by country, especially for brands such as Schweppes, 7UP, and Rockstar Energy.

This guide compares Coca-Cola and PepsiCo, lists their major sub-brands, explains which products they actually own, and identifies the biggest differences between the two companies.

Coca-Cola vs. PepsiCo at a Glance

What Is the Biggest Difference Between Coca-Cola and PepsiCo?

The biggest difference is that The Coca-Cola Company is essentially a total beverage company, while PepsiCo combines beverages with a massive packaged-food and snack business.

Coca-Cola competes in categories such as:

• Carbonated soft drinks
• Water
• Sports drinks
• Juice
• Coffee
• Tea
• Dairy beverages
• Plant-based beverages
• Energy and functional beverages

PepsiCo competes in many of the same beverage categories while also selling:

• Potato chips
• Tortilla chips
• Cheese-flavored snacks
• Corn chips
• Dips
• Oatmeal
• Cereal
• Rice and pasta products
• Granola bars
• Tortillas
• Salsas and sauces
• Cookies and other packaged foods

This gives PepsiCo more product categories and more opportunities to sell a drink and a snack during the same customer occasion.

A convenience store customer, for example, might purchase a Pepsi with Doritos, a Gatorade with Lay’s, or an Aquafina with Cheetos. PepsiCo can participate in both sides of that purchase.

How Did Coca-Cola and Pepsi Begin?

The Coca-Cola Company

Coca-Cola was created in Atlanta in 1886. The Coca-Cola Company was established several years later and developed a system in which the company produced beverage concentrates and worked with bottling partners to manufacture, package, distribute, and sell the finished drinks.

Coca-Cola eventually expanded beyond its original cola into:

• Lemon-lime soda
• Orange and fruit-flavored soda
• Water
• Juice
• Sports drinks
• Coffee
• Tea
• Dairy beverages

PepsiCo

Pepsi-Cola began as a carbonated beverage business. Modern PepsiCo was created in 1965 through the merger of Pepsi-Cola and Frito-Lay.

That merger explains why PepsiCo is much more than the company behind Pepsi.

Its modern identity combines:

• Pepsi and other beverages
• Frito-Lay snacks
• Gatorade
• Quaker foods
• SodaStream
• Recently acquired brands such as Siete and poppi

Major Brands Owned by The Coca-Cola Company

The Coca-Cola Company organizes its products into broad beverage categories. The exact lineup varies by country because some brands are regional and certain trademarks are owned only in specific markets.

Coca-Cola Carbonated Soft Drink Brands

Coca-Cola

Coca-Cola is the company’s flagship brand.

The broader Coca-Cola trademark family includes products such as:

• Coca-Cola Original Taste
• Coca-Cola Zero Sugar
• Diet Coke
• Coca-Cola Light in many international markets
• Caffeine Free Coca-Cola
• Flavored and limited-edition Coca-Cola products

Product names, flavors, sweeteners, and package sizes vary by market.

Sprite

Sprite is Coca-Cola’s major lemon-lime soda brand.

The Sprite family can include:

• Original Sprite
• Sprite Zero Sugar
• Fruit-flavored Sprite varieties
• Seasonal and limited-edition flavors

Fanta

Fanta is Coca-Cola’s global fruit-flavored soda brand.

Orange is its best-known flavor, but international Fanta varieties may include:

• Grape
• Pineapple
• Strawberry
• Lemon
• Apple
• Exotic regional fruits

Fresca

Fresca is a citrus-flavored sparkling soft drink especially associated with the United States.

It is commonly marketed as a zero-sugar soda and cocktail mixer.

Thums Up

Thums Up is a cola brand with a particularly strong presence in India.

Coca-Cola acquired the brand as part of its growth in the Indian beverage market.

Schweppes

Coca-Cola owns the Schweppes trademark in certain countries outside the United States.

It does not own Schweppes worldwide. In the United States and some other markets, ownership or licensing rights belong to different companies.

This is an example of why beverage ownership can vary by country.

Coca-Cola Water and Hydration Brands

Dasani

Dasani is Coca-Cola’s major purified-water brand in the United States.

The water is purified and may contain minerals added to create a consistent taste.

smartwater

smartwater is a premium vapor-distilled water brand with electrolytes added for taste.

The portfolio can include:

• Original smartwater
• Alkaline variations
• Flavored options
• Still and specialty hydration products

vitaminwater

Vitaminwater combines water with flavoring, sweeteners, and selected vitamins or minerals.

Products vary in sugar, calories, ingredients, and functional positioning.

Topo Chico

Topo Chico is a sparkling mineral-water brand that originated in Mexico.

It has become especially popular in restaurants, bars, grocery stores, and cocktail programs.

Ciel

Ciel is a water brand sold primarily in Mexico and other Latin American markets.

I LOHAS

I LOHAS is a water brand associated with Japan.

Aquarius

Aquarius is a hydration and sports-beverage brand sold in several international markets.

Depending on the country, it may be positioned as a sports drink, hydration beverage, or lightly flavored water.

Coca-Cola Sports Drink Brands

Powerade

Powerade is Coca-Cola’s long-established sports drink and a direct competitor to PepsiCo’s Gatorade.

The Powerade family includes:

• Original sports drinks
• Zero-sugar products
• Powders
• Regional hydration products

BODYARMOR

Coca-Cola owns BODYARMOR, a sports and hydration beverage company that it fully acquired in 2021.

The BODYARMOR family includes:

• BODYARMOR Sports Drink
• BODYARMOR LYTE
• BODYARMOR Flash I.V.
• BODYARMOR SportWater

BODYARMOR gives Coca-Cola another sports-hydration brand alongside Powerade.

Coca-Cola Coffee and Tea Brands

Costa Coffee

Coca-Cola purchased Costa Coffee in 2019.

Costa gives the company a presence in:

• Coffee shops
• Coffee vending systems
• Packaged coffee
• Ready-to-drink coffee
• Foodservice coffee programs

Costa is different from many Coca-Cola brands because it includes physical coffee-shop and coffee-equipment operations, not only bottled beverages.

Georgia Coffee

Georgia is a major canned and ready-to-drink coffee brand, particularly in Japan and other Asian markets.

Gold Peak

Gold Peak is a ready-to-drink tea brand sold in the United States.

Fuze Tea

Fuze Tea is an international tea brand that combines tea with fruit and other flavor profiles.

Ayataka

Ayataka is a Japanese green-tea brand.

It is positioned to provide a traditional unsweetened tea experience in a convenient packaged format.

Coca-Cola Juice Brands

Minute Maid

Minute Maid is one of Coca-Cola’s most recognized juice brands.

The portfolio can include:

• Orange juice
• Lemonade
• Fruit punch
• Juice drinks
• Frozen concentrates
• Fountain beverages

Simply

Simply is a refrigerated beverage brand known for products such as:

• Simply Orange
• Simply Lemonade
• Simply Limeade
• Simply Peach
• Simply fruit beverages

Del Valle

Del Valle is a large juice and nectar brand in Latin America.

Maaza

Maaza is best known for mango-based drinks and has a strong presence in India and other international markets.

innocent

Innocent sells smoothies, juices, and plant-based beverages, particularly in Europe.

Coca-Cola Dairy and Protein Brands

fairlife

Fairlife is Coca-Cola’s major dairy and nutrition beverage business in the United States.

Its products can include:

• Ultra-filtered milk
• Chocolate milk
• Nutrition shakes
• Protein beverages
• Specialty dairy drinks

Core Power

Core Power is a fairlife protein-shake brand designed for fitness, recovery, and convenient nutrition.

Santa Clara

Santa Clara is a dairy brand operating primarily in Mexico.

Does Coca-Cola Own Monster Energy?

No. Monster Beverage Corporation is a separate publicly traded company.

The Coca-Cola Company has a significant minority investment in Monster and works with the company through distribution and strategic agreements.

However, Coca-Cola does not own the entire Monster company.

This distinction matters because a Coca-Cola bottler or distributor may deliver Monster products even though Monster is not a wholly owned Coca-Cola brand.

Major Brands Owned by PepsiCo

PepsiCo has a much broader product portfolio because it owns both beverage and food businesses.

Its best-known brands come from:

• Pepsi-Cola
• Mountain Dew
• Gatorade
• Frito-Lay
• Quaker
• SodaStream
• Sabra
• Siete
• poppi

PepsiCo Carbonated Soft Drink Brands

Pepsi

Pepsi is PepsiCo’s flagship cola brand.

The Pepsi family can include:

• Pepsi
• Diet Pepsi
• Pepsi Zero Sugar
• Pepsi Wild Cherry
• Pepsi Zero Sugar Wild Cherry
• Regional and limited-edition flavors

Mountain Dew

Mountain Dew is one of PepsiCo’s most important beverage brands.

The brand has expanded far beyond its original citrus soda through varieties such as:

• Diet Mountain Dew
• Mountain Dew Zero Sugar
• Baja Blast
• Code Red
• Voltage
• Seasonal flavors
• Regional products

Starry

Starry is PepsiCo’s lemon-lime soda brand in the United States.

It replaced Sierra Mist as PepsiCo’s primary American competitor to Sprite.

Mug Root Beer

Mug is PepsiCo’s root-beer brand.

Mirinda

Mirinda is an international fruit-flavored soda brand.

It competes in many markets with Coca-Cola’s Fanta.

7UP

PepsiCo controls 7UP in many countries outside the United States.

It does not own the American 7UP business, which is associated with Keurig Dr Pepper.

Therefore, describing 7UP as a PepsiCo brand requires a geographic qualification.

Sting Energy

Sting is a PepsiCo energy-drink brand sold primarily in international markets.

PepsiCo Water and Sparkling-Water Brands

Aquafina

Aquafina is PepsiCo’s major purified-water brand.

It is a direct competitor to Coca-Cola’s Dasani.

LIFEWTR

LIFEWTR is a premium purified-water brand known for its bottle artwork and design-focused marketing.

bubly

Bubly is PepsiCo’s flavored sparkling-water brand.

It competes with products from LaCroix, Waterloo, AHA, store brands, and other sparkling-water companies.

SodaStream

PepsiCo owns SodaStream, which makes countertop machines that carbonate water at home or in certain foodservice settings.

SodaStream also sells:

• Carbon dioxide cylinders
• Reusable bottles
• Flavoring syrups
• Pepsi-branded beverage mixes in selected markets

SodaStream gives PepsiCo a business model that does not depend entirely on selling finished beverages in single-use bottles or cans.

PepsiCo Sports and Hydration Brands

Gatorade

Gatorade is PepsiCo’s leading sports-drink brand and one of the most important names in the global sports-hydration category.

The Gatorade family includes:

• Original Gatorade
• Gatorade Zero
• Gatorlyte
• Gatorade Fit
• Powders and concentrates
• Protein and recovery products
• Sports bottles and related equipment

Propel

Propel is an electrolyte-water and flavored-hydration brand connected to the Gatorade portfolio.

PepsiCo Functional and Modern Soda Brands

poppi

PepsiCo completed its acquisition of poppi in May 2025.

Poppi is a prebiotic soda brand made with ingredients such as fruit juice and apple cider vinegar.

The brand gives PepsiCo access to a fast-growing category positioned between traditional soda and functional beverages.

Does PepsiCo Own Rockstar Energy?

The answer now depends on the country.

In 2025, Celsius Holdings acquired the Rockstar Energy brand in the United States and Canada from PepsiCo.

PepsiCo continues to own Rockstar Energy internationally.

PepsiCo also continues distributing products from Celsius Holdings in the United States and Canada under its strategic relationship with that company.

Does PepsiCo Own Celsius or Alani Nu?

No. Celsius Holdings owns Celsius and Alani Nu.

PepsiCo has an investment in Celsius Holdings and distributes Celsius, Alani Nu, and Rockstar in specified North American channels.

Distribution does not mean full ownership.

PepsiCo Snack Brands

Lay’s

Lay’s is PepsiCo’s flagship potato-chip brand.

It is sold in numerous countries with flavors adapted to local tastes.

Doritos

Doritos is PepsiCo’s major flavored tortilla-chip brand.

It is known for varieties such as nacho cheese, spicy flavors, and internationally developed seasonings.

Cheetos

Cheetos is PepsiCo’s cheese-flavored snack brand.

The portfolio includes crunchy, puffed, spicy, and regional varieties.

Ruffles

Ruffles is a ridged potato-chip brand designed to pair well with dips and strong seasonings.

Tostitos

Tostitos includes tortilla chips, dips, salsa, and products intended for parties and shared eating occasions.

Fritos

Fritos is a corn-chip brand and one of the original products connected to the formation of Frito-Lay.

SunChips

SunChips is a multigrain snack brand.

Smartfood

Smartfood is a ready-to-eat popcorn brand.

Stacy’s

Stacy’s is known for pita chips and related snacks.

PopCorners

PopCorners produces popped corn snacks with a shape similar to tortilla chips.

Walkers

Walkers is a major potato-chip and snack brand in the United Kingdom.

Sabritas

Sabritas is a major PepsiCo snack brand in Mexico.

Gamesa

Gamesa is a cookie and cracker brand with a strong presence in Mexico and the United States.

PepsiCo Cereal, Oatmeal, and Pantry Brands

Quaker

Quaker is PepsiCo’s major oatmeal, cereal, grain, and snack-food business.

Products can include:

• Oatmeal
• Oats
• Granola bars
• Cereal
• Rice products
• Snack products

Cap’n Crunch

Cap’n Crunch is a cereal brand within PepsiCo’s Quaker-related portfolio.

Life Cereal

Life is another cereal brand associated with Quaker.

Pearl Milling Company

Pearl Milling Company sells pancake mixes, syrups, and breakfast products.

PepsiCo Dip and Refrigerated Food Brands

Sabra

PepsiCo owns Sabra, a refrigerated-dip company best known for hummus.

PepsiCo previously owned Sabra as a joint venture but acquired the remaining interest in late 2024, making Sabra a wholly owned subsidiary.

Sabra products can include:

• Hummus
• Guacamole
• Snack cups
• Refrigerated dips

Obela

Obela is a dip and spread brand operating in selected international markets.

PepsiCo also moved to full ownership of this business through the same transaction involving Sabra.

PepsiCo Mexican-American Food Brands

Siete Foods

PepsiCo completed its $1.2 billion acquisition of Siete Foods in January 2025.

Siete produces products such as:

• Tortillas
• Tortilla chips
• Potato chips
• Cookies
• Salsas
• Enchilada sauces
• Taco seasonings
• Beans
• Snack puffs

The acquisition expanded PepsiCo beyond traditional snack foods into more meal-oriented pantry products.

Does PepsiCo Own Tropicana?

PepsiCo no longer fully owns Tropicana.

PepsiCo sold Tropicana, Naked, and selected juice businesses into Tropicana Brands Group, which is majority controlled by PAI Partners.

PepsiCo retained a 39% noncontrolling interest in the business and distribution rights for selected channels in the United States.

This means PepsiCo has a financial and distribution relationship with Tropicana but does not control the company in the same way it controls Pepsi, Gatorade, or Lay’s.

Does PepsiCo Own Naked Juice?

Naked was included in the juice-business transaction that created Tropicana Brands Group.

PepsiCo therefore does not fully own and control Naked as part of its ordinary wholly owned portfolio.

Does PepsiCo Own Starbucks?

No. Starbucks Corporation is a separate company.

PepsiCo works with Starbucks through a joint venture that produces and distributes ready-to-drink coffee products.

These can include bottled or canned products such as:

• Starbucks Frappuccino drinks
• Starbucks Doubleshot products
• Starbucks cold coffee beverages

PepsiCo does not own Starbucks cafés, Starbucks Corporation, or the complete Starbucks brand.

Does PepsiCo Own Lipton?

PepsiCo does not fully own the Lipton trademark.

PepsiCo participates in ready-to-drink tea through a long-running joint venture with Unilever.

The ownership and operating joint venture with Unilever.

The ownership and operating arrangements can vary by market and product category.

Does PepsiCo Own Dr Pepper?

No. Dr Pepper is owned by Keurig Dr Pepper.

PepsiCo manufactures or distributes Dr Pepper and certain other Keurig Dr Pepper brands in selected markets under licensing agreements.

This is another example of the difference between owning a brand and distributing it.

Coca-Cola and PepsiCo Brand Matchups

Why Does PepsiCo Own Food Brands but Coca-Cola Does Not?

PepsiCo’s current structure comes from the merger between Pepsi-Cola and Frito-Lay.

Its food and beverage divisions can share:

• Relationships with grocery stores
• Convenience-store distribution
• Foodservice contracts
• Advertising data
• Warehouses
• Sales teams
• Customer promotions

Coca-Cola has generally chosen to remain focused on beverages rather than building a major packaged-snack division.

This does not mean Coca-Cola never sells food. Costa Coffee shops may sell pastries and prepared foods, and local subsidiaries may participate in related categories. However, Coca-Cola does not own a global snack portfolio comparable to Frito-Lay.

Does Coca-Cola Own McDonald’s?

No. McDonald’s is an independent restaurant company.

Coca-Cola has a major beverage-supply relationship with McDonald’s, but it does not own the restaurant chain.

Does PepsiCo Own KFC, Taco Bell, or Pizza Hut?

No. PepsiCo previously owned the restaurant businesses that became KFC, Taco Bell, and Pizza Hut.

PepsiCo separated those restaurant chains into an independent company in 1997. That company later became Yum! Brands.

Yum! Brands and PepsiCo are now separate public companies.

Some Yum! restaurants serve Pepsi beverages because of supply agreements, but PepsiCo does not own the restaurant chains.

Does Coca-Cola Own Its Bottling Companies?

Not all of them.

The Coca-Cola system includes The Coca-Cola Company and numerous bottling partners.

The parent company commonly produces and sells:

• Concentrates
• Syrups
• Brand rights
• Marketing programs

Bottling partners may be responsible for:

• Mixing finished beverages
• Operating bottling plants
• Packaging cans and bottles
• Warehouse operations
• Delivering products
• Servicing retailers and restaurants

Several of the largest Coca-Cola bottlers are independent public companies rather than wholly owned Coca-Cola subsidiaries.

Does PepsiCo Use Independent Bottlers?

Yes, although PepsiCo also owns and operates many bottling and distribution facilities directly, particularly in North America.

Its structure can include:

• Company-owned bottling plants
• Independent bottlers
• Contract manufacturers
• Direct-store delivery
• Warehouse distribution
• Foodservice distributors

PepsiCo’s ownership of both beverages and snacks gives it one of the largest direct-store-delivery systems in the consumer-products industry.

Why Do Restaurants Choose Coca-Cola or Pepsi?

Restaurants normally select a beverage supplier through a foodservice agreement.

The decision can depend on:

• Customer preference
• Fountain equipment
• Syrup pricing
• Delivery frequency
• Local distributor service
• Rebates and marketing support
• Available brands
• Contract length
• Maintenance support
• Whether the restaurant wants Coke, Pepsi, Sprite, Mountain Dew, or another specific product

Reasons to Choose Coca-Cola

A restaurant may prefer Coca-Cola because of:

• Demand for Coca-Cola Original Taste
• Sprite and Fanta availability
• Minute Maid fountain drinks
• Powerade or BODYARMOR programs
• Strong customer recognition
• Coffee and water options

Reasons to Choose PepsiCo

A restaurant may prefer PepsiCo because of:

• Demand for Pepsi or Mountain Dew
• Starry lemon-lime soda
• Gatorade and Aquafina availability
• Snack-food relationships
• Strong convenience and foodservice distribution
• Potential combined promotions with PepsiCo food brands

Can a Restaurant Sell Both Coca-Cola and Pepsi?

Some restaurants can, but many fountain agreements provide one company with exclusive pouring rights.

A restaurant with a Coca-Cola fountain may still be able to sell selected PepsiCo products in bottles or packages, depending on the contract.

Likewise, a restaurant serving Pepsi fountain drinks may carry a product connected to Coca-Cola when permitted.

Operators should review their contracts before adding products from a competing beverage company.

Which Company Has More Brands?

PepsiCo reports a larger total number of brands because it counts both food and beverage products across many regional markets.

The Coca-Cola Company reports more than 200 beverage brands, while PepsiCo has described its complete food and beverage family as containing more than 500 brands.

A simple brand count does not necessarily show which company is more successful.

Many portfolios include:

• Small regional brands
• Products sold in only one country
• Sub-brands
• Flavors
• Licensed products
• Joint ventures

The method used to count brands can therefore change the total significantly.

Which Company Is More Diversified?

PepsiCo is more diversified by product type because it operates major food and beverage businesses.

Coca-Cola is diversified within beverages but remains more dependent on drinks.

PepsiCo can benefit when consumers purchase:

• Chips instead of soda
• Breakfast food instead of snacks
• Sports drinks instead of cola
• Dips and tortillas for home meals

Coca-Cola’s specialization can also be an advantage because the company can focus its resources, bottling partnerships, marketing, and acquisitions on beverages.

Common Ownership Misunderstandings

Coca-Cola Owns Monster Energy

False. Coca-Cola has a minority investment and distribution relationship with Monster Beverage.

PepsiCo Owns Starbucks

False. PepsiCo participates in a ready-to-drink coffee joint venture with Starbucks.

PepsiCo Owns Lipton

Not fully. Ready-to-drink Lipton products involve a joint venture with Unilever.

PepsiCo Fully Owns Tropicana

False. PepsiCo retains a minority interest and selected distribution rights after transferring the business into Tropicana Brands Group.

PepsiCo Owns Celsius and Alani Nu

False. Celsius Holdings owns the brands. PepsiCo has an investment and distribution relationship.

PepsiCo Owns Rockstar Everywhere

False. Celsius Holdings owns Rockstar in the United States and Canada, while PepsiCo continues to own it internationally.

Coca-Cola Owns Every Schweppes Product Worldwide

False. Schweppes ownership and licensing vary by market.

PepsiCo Owns 7UP in the United States

False. PepsiCo controls 7UP in several international markets, but not the American brand.

PepsiCo Owns Taco Bell and KFC

False. Those restaurant chains are part of Yum! Brands.

Frequently Asked Questions

What brands does Coca-Cola own?

Major brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Fresca, Dasani, smartwater, vitaminwater, Powerade, BODYARMOR, Topo Chico, Minute Maid, Simply, fairlife, Costa Coffee, Gold Peak, and Fuze Tea.

What brands does PepsiCo own?

Major brands include Pepsi, Mountain Dew, Starry, Aquafina, Gatorade, Propel, bubly, SodaStream, poppi, Lay’s, Doritos, Cheetos, Fritos, Ruffles, Tostitos, Quaker, Sabra, and Siete.

Does Pepsi own Doritos?

Yes. Doritos is part of PepsiCo’s Frito-Lay snack business.

Does Pepsi own Lay’s?

Yes. Lay’s is one of PepsiCo’s largest snack brands.

Does Pepsi own Cheetos?

Yes. Cheetos is a PepsiCo brand.

Does Pepsi own Gatorade?

Yes. Gatorade became part of PepsiCo through its acquisition of Quaker Oats.

Does Coca-Cola own Powerade?

Yes. Powerade is owned by The Coca-Cola Company.

Does Coca-Cola own BODYARMOR?

Yes. Coca-Cola acquired full ownership of BODYARMOR in 2021.

Does Coca-Cola own Sprite?

Yes. Sprite is one of Coca-Cola’s largest global soft-drink brands.

Does Coca-Cola own Fanta?

Yes. Fanta is owned by The Coca-Cola Company.

Does Coca-Cola own Minute Maid?

Yes. Minute Maid is part of Coca-Cola’s juice portfolio.

Does Coca-Cola own Simply?

Yes. The Simply beverage brand is owned by Coca-Cola.

Does Coca-Cola own fairlife?

Yes. Fairlife and Core Power are part of Coca-Cola’s dairy and nutrition portfolio.

Does Coca-Cola own Costa Coffee?

Yes. Coca-Cola completed its acquisition of Costa Coffee in 2019.

Does Coca-Cola own Topo Chico?

Yes. Topo Chico is part of the Coca-Cola portfolio.

Does PepsiCo own SodaStream?

Yes. PepsiCo acquired SodaStream in 2018.

Does PepsiCo own poppi?

Yes. PepsiCo completed its acquisition of poppi in May 2025.

Does PepsiCo own Siete Foods?

Yes. PepsiCo completed its acquisition of Siete Foods in January 2025.

Does PepsiCo own Sabra?

Yes. Sabra became a wholly owned PepsiCo subsidiary after PepsiCo acquired its former partner’s remaining interest.

Does PepsiCo own Tropicana?

PepsiCo has a 39% noncontrolling interest in Tropicana Brands Group and selected distribution rights, but it does not fully control the company.

Does PepsiCo own Starbucks?

No. PepsiCo and Starbucks operate a partnership for ready-to-drink coffee.

Does PepsiCo own Lipton?

PepsiCo participates in a ready-to-drink tea joint venture with Unilever but does not own the complete Lipton brand.

Does Pepsi own Dr Pepper?

No. Dr Pepper is owned by Keurig Dr Pepper. PepsiCo may manufacture or distribute it in certain markets under license.

Does Coca-Cola own Dr Pepper?

No. Coca-Cola may distribute certain third-party beverages in selected markets, but it does not own Dr Pepper.

Does Coca-Cola own Monster?

No. Coca-Cola is a significant minority investor and distribution partner, but Monster Beverage remains a separate company.

Does PepsiCo own Celsius?

No. PepsiCo owns an investment in Celsius Holdings and distributes its energy-drink portfolio in certain channels.

Does PepsiCo own Rockstar?

PepsiCo owns Rockstar internationally. Celsius Holdings owns the brand in the United States and Canada.

Which company owns 7UP?

Ownership depends on the country. PepsiCo controls 7UP in many international markets, while Keurig Dr Pepper controls the brand in the United States.

Which company owns Schweppes?

Schweppes ownership varies by country. Coca-Cola owns the brand in certain countries outside the United States.

Does PepsiCo own KFC?

No. KFC is owned by Yum! Brands.

Does PepsiCo own Taco Bell?

No. Taco Bell is owned by Yum! Brands.

Why do Taco Bell and KFC serve Pepsi?

The brands have historical and contractual beverage relationships with PepsiCo. A supply agreement does not mean PepsiCo owns the restaurants.

Which company owns more snack brands?

PepsiCo owns far more snack brands because of its Frito-Lay and broader convenient-food businesses.

Which company owns more juice brands?

Coca-Cola has a larger directly controlled juice portfolio, including Minute Maid, Simply, Del Valle, innocent, and Maaza.

Which company owns Gatorade?

PepsiCo owns Gatorade.

Which company owns Powerade?

The Coca-Cola Company owns Powerade.

Which company owns Aquafina?

PepsiCo owns Aquafina.

Which company owns Dasani?

The Coca-Cola Company owns Dasani.

Is Coca-Cola bigger than Pepsi?

The answer depends on the measurement. Coca-Cola has greater concentration in beverages, while PepsiCo generates business from beverages and a much larger food and snack portfolio.

Do Coca-Cola and Pepsi taste different?

Yes. The products use different formulas and flavor balances. Taste preference is subjective and can also be influenced by serving temperature, carbonation, packaging, ice, and fountain calibration.

Final Thoughts

The Coca-Cola Company and PepsiCo compete across many of the same beverage categories, but the companies are structurally different.

Coca-Cola is primarily a beverage business. Its portfolio includes Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Fresca, Minute Maid, Simply, Dasani, smartwater, vitaminwater, Powerade, BODYARMOR, Topo Chico, fairlife, Costa Coffee, Gold Peak, and many international drink brands.

PepsiCo combines beverages with one of the world’s largest convenient-food businesses. Its brands include Pepsi, Mountain Dew, Starry, Gatorade, Aquafina, Propel, bubly, SodaStream, poppi, Lay’s, Doritos, Cheetos, Ruffles, Tostitos, Fritos, Quaker, Sabra, and Siete.

PepsiCo’s food portfolio is the greatest difference between the two companies. Coca-Cola does not own an equivalent to Frito-Lay, Quaker, Sabra, or Siete.

Ownership is not always as simple as the logo seen on a delivery truck. PepsiCo distributes Starbucks drinks without owning Starbucks, works with Unilever on Lipton ready-to-drink tea, and distributes Celsius products without owning Celsius Holdings.

PepsiCo also retains only a minority interest in Tropicana Brands Group. Rockstar ownership is divided by region, with Celsius Holdings owning the brand in the United States and Canada and PepsiCo continuing to own it internationally.

Coca-Cola has a major investment and distribution relationship with Monster Beverage but does not own the entire Monster company. Its rights to Schweppes also vary between countries.

Restaurants comparing Coca-Cola and Pepsi should look beyond the flagship colas. Fountain equipment, pricing, service, delivery, water, tea, lemonade, sports drinks, zero-sugar options, and customer demand can all affect the decision.

The best beverage program is not automatically the company with the most brands. It is the supplier that provides the right products, equipment, pricing, service, and customer experience for the restaurant.

Commercial Equipment for Beverage Service

Restaurants serving Coca-Cola, Pepsi, juice, water, tea, coffee, or sports drinks need reliable refrigeration, ice equipment, beverage dispensers, glassware, and serving supplies.

Nishi Enterprise supplies commercial equipment and tabletop products for restaurants, cafés, convenience stores, hotels, bars, banquet facilities, and other foodservice operations.

Explore commercial refrigeration, beverage dispensers, commercial ice machines, and restaurant drinkware.