Core Viewpoint - Recent reports have raised concerns about the presence of the food additive TBHQ (tert-Butylhydroquinone) in Lay's potato chips, leading to public anxiety over food safety [2][5]. Group 1: TBHQ and Food Safety - TBHQ is an artificial oil-soluble antioxidant used to extend the shelf life of food, with a maximum allowable limit of 0.2 grams per kilogram in food products as per national regulations [2][6]. - Experts indicate that while small amounts of TBHQ are considered safe, excessive long-term consumption may pose health risks, although there is currently no conclusive evidence linking TBHQ to cancer [5][6]. - The World Health Organization's International Agency for Research on Cancer (IARC) does not classify TBHQ as a carcinogen, and its use is permitted in various countries, including the U.S. [5][6]. Group 2: Public Reaction and Industry Response - Public reactions have been mixed, with some expressing fear and others dismissing the concerns as exaggerated [2][5]. - Lay's has stated that its products comply with national standards regarding TBHQ usage, emphasizing that the additive is legally permitted within specified limits [2][5]. - The controversy surrounding TBHQ has led some food companies to opt for natural antioxidants, such as vitamin E and rosemary extract, in response to consumer demand for natural ingredients [5]. Group 3: Previous Concerns and Financial Performance - Lay's has faced scrutiny in the past regarding acrylamide levels in its products, which exceeded the EU benchmark of 750 micrograms per kilogram [10]. - Despite these challenges, Lay's remains a market leader in China's snack food sector, holding a 52% market share, and has contributed significantly to PepsiCo's revenue growth, with reported earnings of $6.407 billion in the first three quarters of fiscal year 2024, a 0.7% increase year-over-year [10].