But as health and wellness trends increase in popularity, coupled with the surging demand for weight-loss drugs, some investors may shy away from PepsiCo due to its core business of soda and snack foods. In other words, given the company's superior brand equity and diverse portfolio of food and beverage products, PepsiCo can command pricing power and actually benefit from inflation. While some economists are calling for a bull market, the stats referenced above clearly show that inflation lingers well above the Federal Reserve's long-term target of 2% -- and food is one of the consistently higher categories.