PepsiCo’s baked potato chips are an outstanding example of fat reduction in a popular snack and from a public health perspective it is a tragedy they are not a mainstream choice, a nutrition expert says.
Pepsico will continue to drive penetration in premium and value snacks as the business arm stood stable amid a 5% overall profit slip for Q3, its CEO said.
Frito-Lay and Innovia Films have reached an out of court settlement over patent rights for a biodegradable film used in packaging for crisps and snack bags.
PepsiCo has been targeted by the latest in a string of class action lawsuits alleging big brands are misleading consumers by labelling products as ‘all-natural’ when they contain genetically modified organisms (GMOs).
PepsiCo plans to invest about $38m on a new high-tech warehouse distribution system for its Frito-Lay factory and distribution center in Killingly, Connecticut.
PepsiCo’s iconic Quaker Oats brand will enter into the food service arena for the first time as it partners with US breakfast restaurant IHOP to develop new oatmeal products for its menu.
As PepsiCo reported a 21% drop in overall profits for Q2 earnings today, snacks are holding steady thanks to global NPD investments and strong growth in Mexico and India, according to the CEO.
Snack titan Frito-Lay will harness the power of social media engagement to gather recipes and taste insights from consumers and launch three new flavours of Lay’s crisps in early 2013 across the US.
PepsiCo’s strategy to localise its Frito-Lay brand in China is ‘crucial’ but will need to be pushed further as it expands into central and western regions, says an industry analyst.
PepsiCo and its snacks arm Frito-Lay has opened a news snacks factory in Wuhan, China to expand further into central and western parts of the country by catering to local tastes.
PepsiCo is pumping more than 50 new products into India’s dynamic and surging snacks sector but it needs to be sensitive to localised differences to secure stable growth, according to an analyst.
PepsiCo has refuted claims that it allows police to snoop on drug gangs in Mexico after a spate of arson attacks on distribution centres and delivery vehicles transporting its Sabritas snacks brand.
The world’s largest snack firm Frito-Lay has announced plans to use its own gluten-free symbol on labels in North America after validating products as gluten-free through two celiac organisations.
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
PepsiCo is facing another class action lawsuit in California – this time accusing it of making a nutrient content claim (0 grams trans fat) on Frito-Lay snacks, without adhering to the legal conditions of use for such claims.
Three class action lawsuits accusing Frito-Lay of deception through all-natural claims on its packaging have been consolidated so all are heard in a New York federal court.
Walkers Shortbread plans to build a new 3,500m2 factory, which will create 30 new jobs alongside its existing facilities at Fisherton in Aberlour, Scotland.
Flavour ingredients house Senomyx has hinted at PepsiCo’s interest in its work on developing an enhancer to reduce high fructose corn syrup (HFCS) levels in beverages and foods by up to 33%.
PepsiCo has announced plans to consolidate its position at the top of the global snacks market by investing in the rapidly growing premium and value snack segments.
Branded snacks giant Frito-Lay and store-brand specialist Ralcorp have become embroiled in a legal battle over corn chips designed to scoop up salsa and dips.
PepsiCo’s snacks business Frito-Lay has again been accused of deceiving consumers in a second lawsuit by making all-natural claims on its products which also contain genetically modified corn and vegetable oils.
PepsiCo’s snacks business Frito-Lay has been accused of misleading consumers by making all-natural claims on its products which also contain genetically modified corn and vegetable oils.
After banking on the cola as the main driver of its growth in India for two decades, PepsiCo is changing focus to push more healthy foods in the market, chief amongst which is Quaker oats, its breakfast cereal product.
Frito-Lay and Innovia Films are locked in a legal fight over which company owns the patent rights to biodegradable films used in packaging for crisp and snack bags.
A leading analyst has said PepsiCo’s recent acquisition of Brazilian biscuit manufacturer Mabel will help it seize upon strong growth in the domestic cookie market.
PepsiCo has created a global snacks group to drive marketing and innovation for the entire group and has formed a council to draw on synergies between its beverage and snacks businesses in North, South and Central America.
Vancouver-based sustainable packaging develop Pakit has announced that it is working with PepsiCo to develop its technology, which turns cellulose fibre from a range of plant materials into moulded board.
The new PepsiCo plant bottle appears to tick all the “green” boxes for a disposable drinks bottle but the innovation should not be taken too seriously until it arrives on shelves.
Frito Lay is trialling a quieter version of its biodegradable SunChips bag in a bid to silence those who complained the original packaging was too loud.
Technology to extract water from potatoes for reuse in processing will go some way to helping PepsiCo UK and Ireland achieve its pledge of unplugging its largest sites from the water mains by 2018, said the snack maker in a new report.
Frito-Lay North America has unveiled plans to have approximately 50 per cent of its product portfolio made with all natural ingredients, including three of its biggest brands.
When PepsiCo put up $5.4bn last week to acquire Wimm-Bill-Dann, it was seduced by the promise of high revenue growth but like any high-yield investment the Russian deal does not come without risks.
PepsiCo UK is researching the feasibility of converting potato peel waste into crisp packaging and estimates a two year timeframe before market introduction.
Snack and beverage categories contributed to PepsiCo’s 40 per cent hike in revenue growth, according to third quarter financial results revealed yesterday.
Walkers Snack Foods has revised its chemical delivery policy following on from a 2006 incident which resulted in a delivery truck driver being killed from toxic gas and the food manufacturer and chemical distribution company Omnichem being fined a total...
Snack maker Frito Lay has reverted to the original non-biodegradable material for five of its six SunChips brand bags after consumer feedback indicated its new 100 per cent plant-based polylactic acid (PLA) packaging was too noisy.
Nestle India, a subsidiary of the Swiss giant, is set to enter the breakfast cereals market and take on competitors in the category there such as Kellogg’s and PepsiCo, according to newswires.
Packaging waste derived from snack goods like potato chip packets may provide manufacturers with versatile new ways to cut their environmental impacts by using the materials in bags, pencil cases and even building products, says one US-based group.
Further signs that snack makers are delving deeper into green packaging initiatives with US behemoth PepsiCo attesting that by 2010 its SunChips brand will boast a 100 per cent compostable bag made from plant-based materials.
The maker of Fritos, Doritos and Lay's crisps continues efforts to attract women consumers, unveiling a new redesign and package for its Frito-Lay Baked! product lines.
Industry continues to slice salt levels from formulations with Walkers crisps, part of PepsiCo, announcing they will cut salt levels across Walkers crisps, Baked and Sensations brands by 10 per cent in 2009.
Improving its green credentials, Walkers' crisps becomes the first company in the UK to retain a carbon reduction label, after cutting its carbon footprint by 7 per cent in two years.
PepsiCo and Strauss Group have completed their joint venture
partnership to operate fresh dips maker Sabra, a move that confirms
both companies' plans to extend their presence in the growing
healthy Mediterranean foods market.
Beverage and snack company PepsiCo last week posted a 10.3 per cent
increase in operating profit for the tax year ending 30 December
2007, but higher overall costs led to a slight decrease in
margins for the group.
Number one snack company PepsiCo yesterday said it has acquired
Bulgarian nuts and seeds firm Penelopa, targeting both the health
and wellness trend as well as the promising Eastern European
market.
