Consumers Have 'Two Summers in One' Mentality as Memorial Day Approaches, Frito-Lay U.S. Snack Index Finds

• When choosing a summer snack, the most important thing to consumers is convenience or having tried-and-true favorites (89 percent).
• Chips are the top snack to stock up on for nearly all summer activities and two in three say they prefer to stick with the classic, traditional flavors this summer.
• However, Americans are getting more adventurous compared to last year, with people preferring new, spicy and bold flavors (25 percent in 2020 vs. 32 percent in 2021).
• This is exponentially higher among Millennials and Gen Z, with 45 percent saying they prefer new, spicy and bold flavors this summer.

Snacking habits and summer plans vary across the United States.

• More than a quarter of people in Los Angeles (29 percent), Baltimore/D.C. (27 percent) and Houston (26 percent) say they expect to snack more this summer compared to a typical, pre-pandemic summer.
• Summer activities differ across markets as the world begins to open up. Los Angeles shows strong interest in spending more time among other people at restaurants, sporting events and concerts, while Dallas shows interest in spending more time outdoors this summer (63 percent).

"The pandemic has caused companies to find creative ways to meet consumer snacking demand," said Elizabeth Avery, president & CEO, SNAC International, the global trade association representing the snack food industry. "We have seen drastic shifts in consumer preferences and habits – from the flavors and types of snacks consumers choose to how snacks are making it to their doorstep. As we approach Memorial Day and beyond, we can expect some behaviors learned in the pandemic to become a mainstay."

For more information, visit FritoLay.com/SnackIndex.

¹Survey Methodology
This poll was conducted on April 28, 2021 – April 30, 2021 among a national sample of 2,199 Adults. Interviews were conducted online and the data were weighted to approximate a target sample of Adults based on age, educational attainment, gender, race, and region. Results from the full survey have a margin of error of plus or minus 2 percentage points.

About Frito-Lay North America
Frito-Lay North America is the $18 billion convenient foods division of PepsiCo, Inc. (NASDAQ: PEP), which is headquartered in Purchase, N.Y. Learn more about Frito-Lay at the corporate website, https://www.fritolay.com/ and on Twitter http://www.twitter.com/fritolay.

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 $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of our business strategy and brands. For more information, visit www.pepsico.com

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SOURCE Frito-Lay North America