Like other CPG players, PepsiCo continues to see higher costs associated with commodities, transportation and labor, much of which it is seeking to offset through cost savings strategies, but some of which will need to be passed to the consumer.

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www.foodnavigator-usa.com/Article/2021/10/05/PepsiCo-plots-additional-price-hikes-but-remains-optimistic-about-consumer-s-willingness-to-pay-more