PepsiCo announced on November 6, 2026, the renewal of its beverage partnership with KFC across Australia, India, UK, Spain, Germany, France, the Netherlands, and Belgium, extending a decades-long global collaboration.

Key Highlights

  • Eight markets confirmed: PepsiCo has been selected as the continued beverage partner for KFC locations across Australia, India, UK, Spain, Germany, France, the Netherlands, and Belgium.
  • Existing global footprint: The renewal builds on a partnership already covering KFC locations across the Middle East, Europe, Asia-Pacific, Latin America, and other markets.
  • Exclusive menu item: DORITOS Loaded, combining KFC's crispy chicken tenders with Doritos corn tortilla chips and Mexican-inspired toppings, is available in select markets as part of the partnership.
  • Beverage portfolio included: Fan favorites cited in the filing include Pepsi Zero Sugar, Pepsi MAX, Pepsi MAX Cherry, Lipton Peach Iced Tea, and 7UP, with availability differing by market.
  • Gen Z focus: According to the filing, PepsiCo will support KFC's efforts to introduce new beverage offerings that appeal to "the evolving tastes and expectations of Gen Z consumers."
  • Revenue context: The filing states PepsiCo generated nearly $94 billion in net revenue in 2025.

PepsiCo Extends KFC International Beverage Agreement, Adding Culinary Collaboration

According to the filing, PepsiCo (NASDAQ:PEP) disclosed the renewal of its beverage partnership with KFC across eight named international markets: Australia, India, UK, Spain, Germany, France, the Netherlands, and Belgium. The company described the renewal as building on a "decades-long global partnership" with KFC that already spans the Middle East, Europe, Asia-Pacific, Latin America, and other regions where PepsiCo brands are served.

The filing notes that KFC and PepsiCo "work together to tailor beverage selections and menu offerings to local tastes and dining occasions." Beyond beverages, the partnership encompasses a culinary component, with DORITOS Loaded cited as an example of translating a PepsiCo brand into an exclusive menu innovation. The filing describes the item as combining KFC's crispy chicken tenders with Doritos corn tortilla chips and Mexican-inspired toppings, available in select markets.

Eugene Willemsen, CEO of International Beverages at PepsiCo, was quoted in the filing stating: "PepsiCo is moving at the speed of culture, bringing new capabilities and category-leading innovation, to help KFC build a more modern, distinctive, and relevant beverage business around the world." The filing also indicates that PepsiCo will support KFC's broader beverage strategy expansion through its portfolio of brands and "innovation expertise," including offerings spanning "crafted, functional and energy beverages."

What Was Disclosed

PepsiCo disclosed the renewal of its KFC beverage partnership across eight international markets, effective November 6, 2026, expanding on an existing global arrangement and including both beverage portfolio and culinary innovation components.