Liza Reyes, ABS-CBN News; Cathy Yang, ANC

MANILA (UPDATE) - Listed beverage and snacks maker Pepsi Cola Products Philippines Inc. (PCPPI) eyes hitting about $1 billion in retail sales revenues this year, as it makes its first foray into snacks manufacturing in the country.PCPPI will manufacture the popular Cheetos and Lay&#x27;s snacks in the Philippines, only its second in Asia after Bangladesh at its just inaugurated P500-million Cabuyao, Laguna facility.This reflects PepsiCo&#x27;s ongoing drive to ensure the integration of its food and beverage portfolio across multiple platforms, including manufacturing and go-to-market execution.Sanjeev Chadha, Pepsi&#x27;s chief executive officer for Asia, Middle East and North Africa, said the seamless production of beverages and food will help PepsiCo grow in the increasingly important snacks market by three times in 10 years.<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2016/business/pepsi-better-together.jpg"/></figure></div>&quot;We are delighted with this opportunity to produce internationally-renowned snacks products for the Philippine market, as we move towards our vision of becoming a premier food and beverage company in the Philippines,&quot; said Furqan Ahmed Syed, president of PCPPI. The local snacks market is increasingly competitive, with Universal Robina Corp., maker of Jack n Jill; Liwayway Marketing Corp. of Oishi snacks; and Leslie Corp., maker of Clover.In May last year, PCPPI announced it would make and distribute a range of PepsiCo&#x27;s popular snack products and flavors to the Philippines&#x27; 100 million consumers. &quot;We&#x27;re pleased to share the exciting variants of Cheetos at affordable price points and within reach of the snack-loving Filipino consumers,&quot; Jika Dalupan, PCPPI vice president for corporate affairs and communications added. For January-September 2015, Pepsi said profit rose driven by strong demand for its beverages. These include the flagship Pepsi-Cola as well as 7Up, Gatorade and Tropicana. Net income during the nine-month period hit P706.35 million, up 14 percent while revenues during the period also rose 7.8 percent to P23.68 billion.Income for the third quarter alone stood at P146 million, up 5.1 percent.

MANILA (UPDATE) - Listed beverage and snacks maker Pepsi Cola Products Philippines Inc. (PCPPI) eyes hitting about $1 billion in retail sales revenues this year, as it makes its first foray into snacks manufacturing in the country.

Pepsi to manufacture Cheetos, Lay's in PH

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

Pepsi to manufacture Cheetos, Lay's in PH

Liza Reyes,

ABS-CBN News; Cathy Yang,

ANC

Published February 18, 2016 04:27 PM PHT

|

Updated February 19, 2016 02:10 AM PHT

Read More:

Pepsi

Cheetos

manufacture

food

snack

beverage

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.