PepsiCo's turnaround stutters as Americans rethink snacking

PepsiCo's North American food business sees sales slip as consumers shift eating habits. GLP-1 drug use and rising costs influence purchasing decisions for many households. Consumers now prioritise healthier options, impacting snack consumption significantly. This trend contrasts sharply with Coca-Cola's beverage growth in the same region. PepsiCo must innovate faster to adapt to evolving consumer preferences.