Supermarket giant Carrefour is bringing PepsiCo products back onto its shelves in France, Belgium, Italy and Spain: following a dispute over price increases.
PepsiCo is expanding beyond snacks and beverages by going after more meal occasions and dayparts while continuing towards its nutrient goals outlined in its pep+ agenda, CEO Ramon Laguarta said at the Consumer Analyst Group of New York conference this...
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
Having unveiled a new logo and visual identity system in the US last year, Pepsi is now rolling out its new look globally in a bid to appeal to younger consumers and help ‘shake up the cola category’.
Chickpeas could take a more prominent role in PepsiCo’s snack portfolio given rising consumer interest in the legume, its environmental sustainability attributes and its versatility stemming from its mild flavor and diverse texture applications, according...
European supermarket giant Carrefour has stopped selling PepsiCo products in France, Belgium, Italy and Spain: citing 'unacceptable' price increases from the American drinks and snacks giant.
Ingredients such as whole grains, legumes, fruits and vegetables, nuts, seeds and plant-based protein are highly nutritious. Snacks major PepsiCo, in its shift towards expanding its ‘diverse ingredients’ portfolio, plans to produce products containing...
PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates...
NPD takes time. Long hours of R&D lie between an idea and a product launch. AI, however, is helping a range of major companies generate product ideas, as well as do market research and gain insights into the minds of consumers.
For a big company such as PepsiCo, sustainability is not only complex, but also a multi-layered process. Tackling sustainability across different geographies, in both factories and in agriculture, and across scope 1, 2 and 3 emissions, requires a multi-pronged,...
Sustainability and future-proofing the food system
Improving the sustainability of the food system is no longer optional from an optics and long-term business perspective, but short-term challenges – including consumer engagement – threaten immediate and mid-range returns and margins, complicating the...
The global snacking giant has commenced the production of Lay’s and Doritos at its 1bn PLN ($238m) snack plant in the southwestern village of Święte; the company’s biggest investment in the country to date and its first in the EU designed to measure CO2...
In collaboration with energy company Eneco, and leveraging technology from German start-up Kraftblock, PepsiCo is electrifying the production of Lay’s and Cheetos crisps at its Broek of Langedijk site in the Netherlands.
Just short of 18 months after the beverage-to-snacks giant launched its pep+ strategy, we check in to ask what nutritional progress has been made – and what is still left to do – for PepsiCo to meet its end-to-end objectives.
PepsiCo beat Wall Street expectations for its first quarter 2023 earnings due to strong margin growth while backing off potential future price increases to combat inflation and other supply chain issues, the company's Chairman and CEO Ramon Laguarta...
PepsiCo is launching ‘pep+ Partners for Tomorrow’, a new platform to help its customers achieve their sustainability goals. Programs range from those focusing on recyclable beverage containers and cups to regenerative agriculture.
As part of the Community Program of the PepsiCo Foundation in Spain, PepsiCo has been supporting the digital transformation of the biggest food bank in Madrid.
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...
PepsiCo has launched a project to turn waste into renewable energy at its snack plant in Carregado, Portugal. The move, a first for PepsiCo in Southern Europe, will reduce carbon emissions at the site.
The Quaker-to-Walkers manufacturer is rolling out new logistics initiatives, including replacing diesel with recycled Hydrogenated Vegetable Oil in trips from Cupar to Leicester.
EIT Food’s Learning Services for Employers programme – created with academic and corporate partners, including the University of Reading and the Fraunhofer Institute, and in consultation with industrial partners such as PepsiCo – provides a clear benchmark...
PepsiCo continues to raise the prices of its snacks and beverages with confidence despite some handwringing by analysts about whether elasticities, which remain at historic lows, soon will begin to give as inflation continues to squeeze consumers across...
Since the launch of its strategic ‘end-to-end’ transformation agenda, dubbed Pep+, the company has hit a number of milestones on topics ranging from regenerative agriculture to reformulation. FoodNavigator catches up with Katharina Stenholm, Chief Sustainability...
How can the food industry contribute to food system transformation and provide sustainable nutrition for personal and planetary health? Join our FREE Climate Smart Food summit to find out.
PepsiCo is working alongside academia and other partners to develop our understanding of the oat genome for use in open-source applications. The company believes this can unlock gains in the fields of health and sustainability.
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
PepsiCo has developed groundbreaking tech for condensing and treating the steam evaporated from its fryers to recover more than 50% of the water used in potato chip manufacturing lines, an approach that could save 60 million litres of water a year.
Valeo Snackfood’s Kettle and Walkers are the latest to join the UK’s better-for-you crusade, ahead of the regulations due to come into force in October.
PepsiCo is already hitting notable milestones and reaping financial benefits from its ambitious pep+ plan announced last fall that places sustainability at the center of how the CPG giant says it will create value and drive growth, according to CEO Ramon...
By 2030 PepsiCo Europe wants to have eliminated virgin fossil-based plastics from all its chip and crisp bags. FoodNavigator learns more about how the snack giant plans to deliver on this ambition.
PepsiCo has expanded its green tech accelerator programme in partnership with the UAE Ministry of Climate Change and Environment (MOCCAE) to reach sustainable design innovators across the Middle East and North Africa (MENA) region.
PepsiCo is helping its Quaker Oats farmers in the UK adopt regenerative agriculture practices through a tie-up with global farming organization LEAF. FoodNavigator hears more about the programme and how PepsiCo is transforming the impact of its supply...
PepsiCo launched pep+, an initiative that it describes as a ‘strategic end-to-end transformation’ or its business, earlier this month. The company says this will 'fundamentally transform' what it does and how it does it. FoodNavigator speaks...
PepsiCo wants to become ‘net water positive’ by 2030, meaning the beverage giant will replenish more water than it uses to produce its food and beverage brands.
PepsiCo’s sale of a majority stake of its North American juice portfolio to private equity firm PAI announced this morning is the latest in a string of high-profile beverage sales that reflect shifting industry and consumer priorities, including pressure...
Three high-profile acquisitions put the spotlight on how PepsiCo is shaping its beverage portfolio for the future: tapping into a new consumption model with SodaStream; eying up the opportunity for protein and sport with CytoSport, and building its presence...
PepsiCo’s net sales surged 20.5% to $19.22bn in the firm’s second quarter, zipping past expectations of $17.96bn, thanks in part to increased consumer mobility boosting demand for the firm’s iconic beverages at restaurants, events and across channels...
PepsiCo has released its 2020 Sustainability Report, which outlines the progress of its social and sustainability agenda across its supply chain during what was a tumultuous year.
PepsiCo has set out an ambition to cut the sugar in its drink brands and shift its snacks portfolio towards ‘healthier options’ in Europe. FoodNavigator hears more on how it plans to do just that.
PepsiCo R&D Fellows are a ‘select’ group of innovation specialists with ‘exceptional expertise’ and a proven track record of ‘significant technical innovation’. FoodNavigator speaks to Chief Medical Officer and executive program sponsor, Antonio...
By 2030, PepsiCo wants to have spread regenerative farming practices to 7m acres of cultivated land, the equivalent of its entire agricultural footprint. FoodNavigator hears from David Wilkinson, Senior Director of European Agriculture for PepsiCo Europe,...
PepsiCo has stepped up its carbon footprint targets, with the ambition to become carbon neutral by 2040. FoodNavigator speaks to European sustainability chief Chris Daly about why it is an ‘absolutely aggressive challenge’ but also a timetable that is...
PepsiCo will eliminate all virgin plastic from the Pepsi brand in nine European markets: lowering carbon emissions by 40% compared to standard bottles.
According to the United Nations (UN), climate change threatens our food supply ‘through increasing temperatures, changing precipitation patterns, and greater frequency of some extreme events’. And there’s no time to lose.
