People are eating more snacks due to pandemic stress Frito-Lay says its seen sales surge in the last year
Have you been snacking more since the pandemic? Many food companies say you’re not alone.
Frito-Lay, one of the largest food makers, says it have seen its sales surge in the last year.
In February, fourth quarter net revenue at Frito-Lay increased 5% on a year-over-year basis.
North Americans sales of savory snacks rose to nearly $57 billion in 2020. That’s an 11% increase from the previous year.
Experts say the likely rise in snack revenue is people stuck at home. It has made them turn to snacking for comfort.
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About the Author Gretchen Nowroozi was born and raised in Houston. She started working at KSAT as an intern in 2019 after graduating from Michigan State University. She is a producer for Good Morning San Antonio.
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