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Pepsi to invest $2.5bn in China over three years

BBC Published May 21, 2010 Reviewed Jul 3, 2026 ✓ Reviewed by citations.press editors

PepsiCo will invest $2.5 billion (equivalent to £1.72 billion) in China over three years.

2500000000 USD · investment1720000000 GBP · investment PepsiCo Inc

PepsiCo will build 19 new plants in China.

19 plants · new plants PepsiCo Inc

In 2008, Coca-Cola held a 15.7% market share in China.

15.7 % · Coca-Cola market share7.2 % · PepsiCo market share Bill Pecoriello, Consumer Edge Research chief

PepsiCo currently has less than half of Coca-Cola’s market share in China.

less than 0.5 · PepsiCo vs Coca-Cola market share ratio

PepsiCo Inc has announced it will invest $2.5bn (£1.72bn) in China over the next three years.

The world's second biggest drinks maker said it would open 19 new plants and install new production lines at existing facilities.

"China is a vibrant market and has decades of growth ahead of it," Chief Executive Indra Nooyi said.

Pepsi currently lags behind Coke in China, with less than half of its rival's market share.

China is seen as a critical emerging market for soft drink makers, which have experienced sluggish sales in recent years in the saturated US market.

In 2008, Coke held a 15.7% market share, with Pepsi having 7.2%, Consumer Edge Research chief Bill Pecoriello was quoted by Reuters as saying.

PepsiCo, based in Purchase, New York, plans to open plants in Fujian, Gansu, Henan, and Yunnan provinces.

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