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.
Tag: General Mills
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 …
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