Who owns Mountain Dew? Mountain Dew is owned by PepsiCo, a multinational food, snack, and beverage corporation. PepsiCo was formed through the merger of Pepsi-Cola and Frito-Lay in 1965.

Just two corporate powerhouses dominate the global market for soft drinks: PepsiCo. Inc. (PEP) and The Coca-Cola Corp. (KO). Coca-Cola has been the market leader for decades. It remains the world ...