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As a consumer, you may not know the connection, but PepsiCo, through its Frito-Lay brand, dominates the salty-snack market.
That number was estimated at 62% of the total market, according to an SEC filing from Utz Brands, a rival salty-snacks brand.
It's a market that has been growing, PepsiCo CEO Ramon Laguarta shared during his company's second-quarter earnings call.
"Salty snacks is one of the few categories that is growing in volume in the overall food space in the U.S.," he said.