PepsiCo and Nestle plot

摘要

Food and beverage brand owners are looking to expand into the emerging Mexican market, with news of significant investments from drinks and snacks giant PepsiCo and food conglomerate Nestle. Both companies announced their intentions at the World Economic Forum, held in Davos, Switzerland, in January. New York, US-based PepsiCo said it will invest US$5 billion over the next five years in Mexico, where per capita consumption of carbonated soft drinks is the highest in the world (707 eight-ounce servings annually).