Corporate Profiles - 2021 - 27

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9% to $1.79 billion in the 52-week period ended July 11, according to IRI.
Declines were 7% for category leader Campbell Soup Co., Camden, NJ,
and 12% for General Mills, Inc., Minneapolis. In condensed soup, US retail
sales fell 8% to $1.42 billion.
Cleveland-based Freedonia, an industry market research group, projects
demand for soups and stews in the United States to decline at an average
annual rate of 2.3% through 2025.
While acknowledging the COVID-19 pandemic bolstered sales of
soups and stews in 2020, a variety of factors make further increases
LEADING FROZEN
pizza vendors
1 Nestle USA, Inc.
2 Schwan Food Co.
3 General Mills, Inc.
4 Bernatello's Foods, Inc.
5 Palermo Villa, Inc.
6 Home Run Inn
7 Newman's Own, Inc.
8 Caulipower
9 Amy's Kitchen, Inc.
Private label
Total
LEADING FROZEN
pizza brands
1 DiGiorno
2 Red Baron
3 Totino's Party Pizza
4 Jack's
5 Tombstone
6 California Pizza Kitchen
7 Freschetta
8 DiGiorno Pizzeria!
9 Newman's Own
Private label
Total
% change
from
Dollar sales
$1,258,389,600
$921,448,697
$412,600,866
$298,167,629
$225,743,269
$225,538,194
$205,031,740
$102,089,434
$96,760,676
$691,529,699
$5,811,959,762
year ago
0.8%
8.2%
1.0%
-1.2%
-6.9%
5.6%
-2.2%
2.6%
7.4%
-0.1%
2.2%
% change
from
Dollar sales
$2,281,080,833
$1,216,261,732
$412,529,699
$166,999,140
$148,551,785
$115,257,333
$96,760,676
$70,759,131
$67,435,001
$691,529,699
$5,811,959,762
year ago
1.4%
3.4%
1.0%
-0.4%
16.0%
12.2%
7.4%
-14.2%
-1.0%
-0.1%
2.2%
unlikely, according to Freedonia. Competition will come from homemade
soup. Shoppers' negative perceptions of canned food will lead them to
experiment with a variety of meal options perceived as healthier, fresher
or trendier. Competition will increase from suppliers of frozen foods and
meal kits. Finally, consumer concerns about high salt content could hurt
the canned soup category.
" Nevertheless, suppliers will continue to invest in new and improved
soup formulations and marketing to support sales, " Freedonia said. " Ongoing
income growth and desire for convenient meals will cause some
LEADING FROZEN
handheld entrees vendors
(NON-BREAKFAST)
1 Nestle USA, Inc.
2 The J.M. Smucker Co.
3 Ruiz Foods
4 White Castle Foods Products LLC
5 Hillshire Brands Co.
6 Ajinomoto Foods North America
7 Foster Farms
8 Camino Real Foods, Inc.
9 Amy's Kitchen, Inc.
Private label
Total
LEADING FROZEN
handheld entrees brands
(NON-BREAKFAST)
1 Hot Pockets
2 Smucker's Uncrustables
3 White Castle
4 El Monterey
5 State Fair
6 Foster Farms
7 José Olé
8 Amy's
9 Tina's
Private label
Total
Dollar sales
$724,217,224
$478,955,891
$276,484,110
$265,205,242
$187,572,415
$95,952,107
$92,317,551
$75,715,275
$75,157,519
$146,330,158
$3,047,418,765
Data for 52 weeks ended July 11, 2021
Total US - Multi-outlet with C-Store (Supermarkets, Drugstores and Mass Market Retailers, Gas/C-Stores, Military Commissaries and Select Club & Dollar Retail Chains)
Source: IRI
% change
from
year ago
-8.7%
28.6%
16.6%
-6.8%
-7.5%
10.1%
10.3%
-3.6%
24.2%
8.4%
2.9%
Dollar sales
$757,973,922
$478,955,891
$318,386,892
$276,484,110
$194,416,963
$97,663,668
$95,952,107
$85,274,407
$75,820,094
$146,330,158
$3,047,418,765
% change
from
year ago
-13.7%
28.6%
-5.4%
16.6%
-9.1%
6.4%
10.1%
22.5%
-3.8%
8.4%
2.9%
Corporate Profiles
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October 2021 / 27

Corporate Profiles - 2021

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https://www.nxtbook.com/sosland/mbncp/2009_11_01
https://www.nxtbook.com/sosland/mbncp/2008_11_01
https://www.nxtbook.com/sosland/mbncp/2007_11_01
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