<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001689525</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0000077476</issuerCik>
            <issuerName>PEPSICO INC.</issuerName>
            <secFileNumber>001-01183</secFileNumber>
            <issuerAddress>
                <ns2:street1>700 ANDERSON HILL RD</ns2:street1>
                <ns2:city>PURCHASE</ns2:city>
                <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                <ns2:zipCode>10577</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(914) 253-2000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>RAMKUMAR KRISHNAN</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>5620</noOfUnitsSold>
            <aggregateMarketValue>1000360.00</aggregateMarketValue>
            <noOfUnitsOutstanding>1374785980</noOfUnitsOutstanding>
            <approxSaleDate>05/09/2024</approxSaleDate>
            <securitiesExchangeName>NASD</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/01/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>2645</amountOfSecuritiesAcquired>
            <paymentDate>03/01/2022</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/01/2021</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1760</amountOfSecuritiesAcquired>
            <paymentDate>03/01/2021</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>07/01/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1215</amountOfSecuritiesAcquired>
            <paymentDate>07/01/2022</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>RAMKUMAR KRISHNAN</name>
                <address>
                    <ns2:street1>700 ANDERSON HILL RD</ns2:street1>
                    <ns2:city>PURCHASE</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10577</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>03/11/2024</saleDate>
            <amountOfSecuritiesSold>4563</amountOfSecuritiesSold>
            <grossProceeds>750339.72</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>05/09/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Ram Krishnan</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
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144
0001689525
XXXXXXXX
LIVE
0000077476
PEPSICO INC.
001-01183
700 ANDERSON HILL RD
PURCHASE
NY
10577
(914) 253-2000
RAMKUMAR KRISHNAN
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
5620
1000360.00
1374785980
05/09/2024
NASD
Common
03/01/2022
Restricted stock vesting under a registered plan
Issuer
N
2645
03/01/2022
Services Rendered
Common
03/01/2021
Restricted stock vesting under a registered plan
Issuer
N
1760
03/01/2021
Services Rendered
Common
07/01/2022
Restricted stock vesting under a registered plan
Issuer
N
1215
07/01/2022
Services Rendered
N
RAMKUMAR KRISHNAN
700 ANDERSON HILL RD
PURCHASE
NY
10577
Common
03/11/2024
4563
750339.72
05/09/2024
/s/ Ram Krishnan