PepsiCo Sets Goals to Further Reduce Sodium and Deliver More Diverse Ingredients in Convenient Foods Portfolio

Rhea-AI Summary

PepsiCo, Inc. (NASDAQ: PEP) announced ambitious nutrition goals as part of PepsiCo Positive (pep+), aiming to reduce sodium and deliver important sources of nutrition in convenient foods. The company aims to reduce sodium content in its global convenient foods portfolio by at least 75% by 2030 and increase the delivery of diverse ingredients to promote a more nutritionally diverse diet. These goals align with global public health recommendations and reaffirm PepsiCo's commitment to improving the nutritional profile of its products.

Positive

• PepsiCo's commitment to reducing sodium aligns with global public health recommendations, indicating a proactive approach to addressing diet-associated diseases and disabilities.
• The company's efforts to increase the delivery of diverse ingredients demonstrate a commitment to promoting a more nutritionally diverse diet, aligning with consumer demand for healthier food options.

Negative

• None.

PURCHASE, N.Y., Nov. 14, 2023 /PRNewswire/ -- Today, PepsiCo, Inc. (NASDAQ: PEP) announced two new ambitious nutrition goals as part of PepsiCo Positive (pep+) – the company's end-to-end strategic transformation – which aim to reduce sodium and purposefully deliver important sources of nutrition in the foods consumers are reaching for.

Sodium Reduction

• PepsiCo aims for at least 75% of its global convenient foods portfolio volume to meet or be below category sodium targets by 2030. 

Excess sodium intake is a leading risk factor for diet-associated disease and disability, prompting global public health authorities to call on the food industry to reduce sodium in their products. The World Health Organization (WHO) recommends less than 2000mg of sodium per day for adults. PepsiCo is setting a new sodium reduction goal, with category targets that consider guidance from public health experts including the World Health Organization and are approximately 15-30% lower than the company's current target for key convenient food categories. Our new sodium goal aims for a 15% sodium reduction in our U.S. Lay's Classic Potato Chips, which would result in a sodium level of 140mg per 28g serving. According to the U.S. National Health and Nutrition Examination Survey, the sodium intake in daily diets from savory snacks is currently around 3%. 

Diverse Ingredients
Increased consumption of diverse ingredients, such as legumes, whole grains, plant-based proteins, fruits and vegetables, and nuts and seeds, can help promote a more nutritionally diverse diet.

• The company aims to deliver 145 billion portions of diverse ingredients annually in its global convenient foods portfolio by 2030. Each portion will provide approximately 10% of the suggested daily amount of a diverse ingredient¹.

"We are in a constant cycle of innovation to reimagine the foods we make and how we make them so we can bring better choices to our consumers, without ever compromising on taste," said René Lammers, Executive Vice President and Chief Science Officer for PepsiCo. "Consumers enjoy our products more than one billion times a day, which provides an opportunity – and the privilege – to have an impact. We set a high bar to improve the nutritional profile of our products, and these new goals reaffirm our ambitions."

Since 2015, PepsiCo has been on a journey to improve its portfolio, charting progress against a set of 2025 nutrition targets, made possible through the cutting-edge efforts of more than 2,600 Research & Development associates across 13 R&D centers around the world, including:

• Innovating on the Farm: Agricultural experts partner with farmers to grow potatoes that have the ideal flavor needed to deliver the savory taste consumers enjoy.
• Maintaining Taste: Seasoning experts identify ingredients and study salt crystal shapes and sizes to optimize flavor while using less sodium.
• Creating Flavor: Food developers design optimal flavors using seasonings, herbs, spices and dairy that contain less sodium overall.

Lammers continued, "An industrywide approach is necessary to meaningfully reduce sodium intake and introduce important sources of nutrition to help diversify diets. And it's important for us to take a leadership position to help be a catalyst for change."

To learn more about pep+, visit www.pepsico.com/pepsicopositive. 

For more information, contact pepsicomediarelations@pepsico.com.

About PepsiCo 
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's^®, Doritos^®, Cheetos^®, Gatorade^®, Pepsi-Cola^®, Mountain Dew^®, Quaker^®, and SodaStream^®. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on Twitter, Instagram, Facebook, and LinkedIn @PepsiCo.

¹ Based on published dietary guidelines for select counties, WHO Healthy Diet Fact Sheet, and Eat Lancet Planetary Healthy Diet report

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SOURCE PepsiCo

FAQ

What are PepsiCo's new nutrition goals?

PepsiCo aims to reduce sodium content in its global convenient foods portfolio by at least 75% by 2030 and increase the delivery of diverse ingredients to promote a more nutritionally diverse diet.

Why is reducing sodium important?

Excess sodium intake is a leading risk factor for diet-associated disease and disability, prompting global public health authorities to call on the food industry to reduce sodium in their products.

How does PepsiCo plan to achieve its sodium reduction goal?

PepsiCo plans to set category targets that are approximately 15-30% lower than the company's current target for key convenient food categories, aligning with guidance from public health experts including the World Health Organization.

What is the impact of PepsiCo's new goals on the company's products?

The new goals reaffirm PepsiCo's commitment to improving the nutritional profile of its products, without compromising on taste, by innovating on the farm, maintaining taste, and creating flavor through a variety of cutting-edge efforts.

How does PepsiCo plan to increase the delivery of diverse ingredients?

PepsiCo aims to deliver 145 billion portions of diverse ingredients annually in its global convenient foods portfolio by 2030, with each portion providing approximately 10% of the suggested daily amount of a diverse ingredient.