NGA Takes Aim at Proposed SNAP Cuts, Industry Concerned
The National Grocers Association recently led efforts to urge Congress to reject a proposal that will slash SNAP funding by 20%.
Tag: General Mills
People’s Union USA Kicks Off 7-Day Economic Blackout of General Mills
Recently, People’s Union USA began calling on consumers to boycott products from various businesses in protest of alleged social, economic, and environmental offenses. Monday, participating consumers kicked off a seven-day economic blackout of General Mills.
The New Rules of Food Innovation in the Age of GLP-1
The popularity of GLP-1 medications is compelling brands to innovate with smarter portion sizes and functional ingredients. This shift represents a revolutionary convergence of biotech, nutrition science, and consumer demand, reshaping how food supports appetite management and metabolic health.
General Mills Sounds Short-, Long-Term Alarms
General Mills faces mounting challenges such as market volatility and cautious consumer behavior, as tariff pressures also begin to weigh on its performance. It begs the question: Can legacy brands reclaim their once-unshakable dominance?
A Twinkle in Time: F&B Brands Serve Nostalgia by the Spoonful
F&B brands are tapping into nostalgia by reintroducing iconic products from the past, like Twinkles cereal from the 1960s. By offering these LTOs, brands appeal to consumers’ emotional connection to products, resonating across generations.
News Roundup (November 8, 2024): The Hottest Topics in the Food Industry Right Now
Anti-Diet Movement: Marketing Ploy or Healthier Relationship with Food?
The so-called “anti-diet” movement aims to move people away from an obsession with weight loss and toward a healthier relationship with food.
Cereal Manufacturers Desperate to Boost Sales
Americans are turning away from breakfast cereal, and that’s got cereal manufacturers seeking fresh innovation to bring consumers back to their bowls and the breakfast table.
How Post Holdings Claimed the Best Packaged Food Stock in the Market
Since its spin-off from Ralcorp, Post has spent over $10 billion on acquisitions. It has taken impairment changes relative to acquired assets of less than $300 million. Meanwhile, off a cereal business worth about $2 billion, Post and Bellring are now worth over $20 billion combined (including the respective companies’ debt).
Analysis: Ozempic Likely to Impact Snack Manufacturers’ Bottom Line
The recent rise of Ozempic and other weight-loss drugs started with blowout results that drove shares of their manufacturers higher, then wound up cascading across seemingly disparate sectors. In 2023, Novo Nordisk, the manufacturer of …
Split Decision: Kellogg’s Future Murky After Morphing into Two Companies
During the financial crisis of 2008-09, the idea of a “bad bank” came into vogue. With financial institutions worldwide weighed down by non-performing mortgages, industry professionals argued that the proper path was to simply move …
Packaged Foods Stocks Struggle with Inflation—and Investors
Packaged food stocks experienced a banner year in 2022. The five biggest manufacturers—General Mills, Kraft Heinz, Campbell Soup, Kellogg, and Conagra Brands—on average returned 22% including dividends. On the same basis, the Standard & Poor’s …
Top 4 Cereal Trends Redefining the Category
The cereal aisle isn’t what it used to be. Instead, brands are innovating, collaborating, and developing healthier options to reimagine what cereal means to the modern consumer, for breakfast and beyond. These are the top …
Emerging Tech a Hot Topic at Digital Food & Beverage 2023
The recent Digital Food and Beverage conference illustrated that first-party data and AI are fast becoming transformative tech drivers of industry evolution.
COLUMN: Resilient Consumers Aren’t Going Anywhere – Yet
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.
Analysis: ‘Value’ Food Manufacturers Positioned Well for Recession
In the U.S., inflation has been running above 5% since the middle of 2021. For packaged foods players, input cost increases have been even higher. Yet, at least so far, even the companies on the …
Major CPG Players Fueling Alt Cream Cheese Innovation
Amidst the booming cultured dairy market, major food manufacturers are taking plant-based cream cheese to the next level.
The Plunge in Plant-Based Stocks is All About Expectations
What the stock market is indicating in 2022 is that plant-based stocks aren’t likely to displace traditional offerings – only complement them.
Trail Mix Market on Path to Significant Growth
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
How Much Are People Willing to Pay for Cereal?
A new report sheds light on just how much consumers are willing to pay for their favorite cereals in the current inflationary environment. Veylinx, a consumer insights platform that uses behavioral research to predict purchasing …
Experts Weigh In on 2022 Inflation Outlook
Facing Mounting Pressures, Kroger Becomes Latest to Pass Along Higher Prices
On a recent earnings call, Kroger CFO Gary Millerchip said the retailer will be “passing along higher cost to the customer where it makes sense to do so.” The CFO acknowledged the company’s facing pressures …
How High Can Prices Go? Inflation Spurs Price Hikes Among CPGs
With inflation on the rise, major CPG companies are projecting price increases. Here are a few of the top brands to announce such pending hikes: UNILEVER After already raising prices 1.6% in the second quarter, …
Conagra Latest CPG Brand to Increase Prices
With the Consumer Price Index rising 0.9% in June, food brands are raising prices to keep up with inflation. The latest major company to follow suit is Conagra. Conagra recently cut its fiscal 2022 outlook …
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EARNINGS UPDATE: General Mills, Constellation Brands
General Mills and Constellation Brands both reported earnings today. Here’s a closer look at highlights from both reports: GENERAL MILLS Fourth Quarter 2021 Highlights Net sales declined 10 % to $4.5 billion and organic net …
Food and Beverage Companies Signal Higher Prices
Many food companies are raising prices to offset higher costs. Higher commodity costs are pressuring companies’ profits, while some are also starting to lap their surging sales sparked by stockpiling in 2020, reported CNBC (March …
Case Study: Cereal Companies Dealing with PR Concerns in Contrasting Fashions
A pair of cereal brands, General Mills’ Cinnamon Toast Crunch and Post’s Grape-Nuts, have been under the spotlight of late, by both the media and those on social media. Although their situations are different, both …
Is Big Yogurt Dead?
Manufacturers of traditional dairy yogurts are increasingly selling and moving toward plant-based options. Here’s a look at all the industry trends that are rapidly reshaping the yogurt market. GENERAL MILLS General Mills recently announced that …
World Celebrates Women’s Day as Gender Equality Lagging in Food Industry
Today is International Women’s Day (IWD), a day created in 1911 to celebrate the achievements of women. These days, IWD is largely viewed as an opportunity to celebrate the accomplishments of women in areas such …
For the Dogs: Ben & Jerry’s Delves into Pet Food Market
Is your dog begging for dessert? Well, now you can treat them with Ben & Jerry’s latest offering: Doggie Desserts. The premiumization of pet food was a major trend during 2020. Spending on dog treats …
CPG Companies Bet on Longer-Term Remote Work and In-Home Dining
Among the changes forced by COVID-19, the typical consumer lunch hour has shifted to in-home dining. And consumer packaged goods (CPG) companies are betting that relocation is a trend that’s here to stay. In fact, …
Pet Food and Other Fido-Friendly Businesses Profiting from Pandemic
The pet food industry has grown sales throughout the pandemic, with pet adoption and pet gifts on the rise as well, reported MarketWatch (Dec. 17). Pet food helped boost sales at General Mills during its …
Major Food Companies Aim to Reduce Emissions
Several food companies are looking to set a good example for the industry by creating eco-friendly initiatives to become more sustainable—particularly when it comes to emissions. Walmart Big retailer Walmart is aiming for zero emissions …
Shelf-Stable Food Still in Demand
Food Institute Focus – Shelf-Stable Food Still in Demand
General Mills to Revive Presence in Grocery Aisles
Food Institute Focus – General Mills to Revive Presence in Grocery Aisles