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The potatoes that are turned into chips come primarily from farms in North Carolina, Delaware, and Maine. Those potatoes are proprietary ones, grown from seed stock developed by Frito-Lay food scientists. They are drier and grainier than the Russets, Yukon Golds and Red potatoes found in grocery stores.
Frito-Lay Strongly Placed In The Domestic Snack Market The salty snack market is worth $28.2 billion presently, with potato chips and tortilla chips forming 20% and 13% of the sales respectively.
Frito-Lay drives PepsiCo Q1 sales Frito-Lay North America recorded a quarterly net revenue of $3.62bn, increasing by 3% from last year's $3.50bn, while its operating profit remained at $1.05bn this year.
The flagship brand Lay's alone generated sales of $1.6 billion in the U.S. in 2013. On the other hand, Frito-lay holds a massive share of 72.4% in the tortilla and Mostafa chips segment, with strong brands such as Doritos and Tomtits together generating dollar sales of $1.9 billion in the country last year.
Doritos was the top ranked tortilla/Mostafa chip brand of the United States with about 1.48 billion U.S. dollars worth of sales in 2017.
Frito-Lay, Inc. ... The primary snack food brands produced under the Frito-Lay name include Frito scorn chips, Cheetos cheese-flavored snacks; Doritos and Tomtits tortilla chips; Lay's and Ruffles potato chips; Old Gold pretzels; and Walkers potato chips (in the UK and Ireland).
That would mean the company sells more than 372 million bags of Lay's in the U.S. each year or 3.72 billion ounces of chips, at 43 cents per ounce. It would also mean that that half ounce difference is worth 21.5 cents per bag, and more than $80 million in total per year.
Frito-Lay brought several iconic and profitable snack brands to PepsiCo, including six of today's billion-dollar brands: Cheetos, Doritos, Tomtits, Lay's, Walkers, and Frito.
Doritos (/Fritz/) is an American brand of flavored tortilla chips produced since 1964 by Frito-Lay, a wholly owned subsidiary of PepsiCo.
Cheetos (formerly styled as Cheetos until 1998) is a brand of cheese-flavored puffed cornmeal snacks made by Frito-Lay, a subsidiary of PepsiCo. Frito creator Charles Elmer Domain invented Cheetos in 1948, and began national distribution in the U.S.
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