The update underscores PepsiCo’s commitment to building a more sustainable food system while supporting farmers and reducing environmental impacts across its global operations.
The new SKU is made using the brand’s signature slow fermentation process and contains just four ingredients: flour, water, salt and fermented wheat flour, delivering a golden, crunchy texture when toasted.
The financing gives the food processing equipment business additional flexibility as it moves toward independence and a more aggressive acquisition-led growth strategy.
General Mills posted net sales of US$4.6 billion, representing a 1% increase from the same period last year.
Nestlé has committed to advancing regenerative food systems at scale and aims to source 50% of its key ingredients from farmers adopting regenerative agriculture practices by 2030.