Coca Cola and PepsiCo approach international growth differently. Coca Cola is the world's largest snack-food producer and relies on overseas sales to make up for slower sales volumes in North America. In contrast, PepsiCo which is less diversified, derives only 32% of it sales from North America, an indication of the importance of international markets to its performance.

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Coca Cola is primarily a beverage company, not the world's largest snack-food producer. PepsiCo, on the other hand, is more diversified with significant operations in both beverages and snack foods.

Coca Cola and PepsiCo Approach International Growth Differently