Snacks giant PepsiCo ANZ will consider bringing forward $150 million of capital investment it planned to spend over the next five years to take advantage of the federal government's $26 billion business expense tax break.

PepsiCo, which is Australia's largest snack food company and makes Doritos, Twisties, Smith's and Red Rock Deli chips, Sunbites and Sakata crackers and Nobbys nuts, has invested $100 million over the past four years to accelerate growth.