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Business Wars Daily

Healthy Chip Brand Takes on Frito-Lay

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 16 December 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Friday, December 16 and we're looking at Peatos vs. Frito-Lay.

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Transcript

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0:00.0

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1:04.7

Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this December 16th.

1:09.3

Happy Friday, one at all.

1:12.1

When it comes to snacking,

1:17.5

one company has long dominated the industry. Frito Lay is the largest seller of snack foods in the world and holds a staggering 60% market share of the potato chip industry alone. But even when you

1:23.8

zoom out and look at all savory snacks sold in the U.S., the company still commands a 40% market share.

1:30.2

So I think it's safe to say that millions of consumers have Cheetos dust on their fingers, huh?

1:35.3

But if one newer snack company has its way, Frito-Lay's days of dominance will soon be a thing of the past.

1:42.2

Snack-It-Fourdes line of snack foods look an awful lot like Fritole's, Doritos, Funions, and Cheetos,

1:48.5

but they're made with pea and lentil flour instead of corn and are 100% vegan.

...

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