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Despite PepsiCo's stepped up efforts, its beverage volume in North America declined by 4 percent last year. That included a 4 percent declined in carbonated soft drinks and a 3 percent decline in non-carbonated drinks, according to a regulatory filing with the Securities and Exchange Commission. PepsiCo makes a wide range of products, including Frito-Lay chips, Gatorade, Quaker Oats and Tropicana. But it has long been defined by its namesake soda and its rivalry with Coca-Cola.
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