On the heels of Kraft Foods (KFT) and Sara Lee's (SLE) moves to slim down for profits by spinning off parts of their businesses, some analysts wondered if PepsiCo might do well to take similar action.
But "PepsiCo isn't on the road to Splitsville any time soon," said IBISWorld beverage analyst Agata Kaczanowska. Its "dual portfolio
Kaczanowska pointed out that "in the US Soda Production industry the company has a 33.6% market share. It is second behind Coca-Cola (KO - Get Report) (41.2%) and is facing increasing competition from private labels and Dr. Pepper Snapple (DPS - Get Report) (15.4%) ... Comparatively, Frito-Lay has a 48.4% market share in the Snack Food Production industry, with Kraft and General Mills (GIS - Get Report) far behind with just 5.2% and 5.1% market share, respectively. "