Latest news with #Conagra
Yahoo
21-07-2025
- Business
- Yahoo
Frozen Food Market Size to Hit Valuation of US$ 722.50 Billion by 2033
Accelerating urban lifestyles, globalized tastes, advanced cold-chain technology, e-commerce convenience, health-oriented reformulations, stringent sustainability metrics, rising emerging-market penetration, and agile competition are reshaping the frozen food market, positioning freezers as primary, premium meal solutions worldwide. Chicago , July 21, 2025 (GLOBE NEWSWIRE) -- The global frozen food market was valued at US$ 450.1 billion in 2024 and is expected to reach US$ 722.5 billion by 2033, growing at a CAGR of 5.4% during the forecast period. The steady erosion of discretionary cooking time is the single most reliable predictor of frozen food market growth in North America, Western Europe, and urban Asia. The U.S. Bureau of Labor Statistics clocked average weekday meal-prep at just 52 minutes in 2023, down from 75 minutes only eleven years earlier. Similar time-compression is reported by Japan's NHK Broadcasting Culture Research Institute, which found that dual-income households now complete weeknight dinners in roughly 35 active minutes. As commutes return, Gen Z and millennial professionals repeatedly cite 'no-mess cooking' as their top weekday priority, steering them toward frozen skillets, breakfast sandwiches, and smoothie kits that jump from freezer to plate in under ten minutes. Brands such as Conagra's Healthy Choice Max and Nestlé's Lean Cuisine Balance have capitalized by launching single-serve entrées calibrated to 450-calorie targets and 25-gram protein thresholds—claims verified through NSF International testing and prominently displayed on pack fronts. Request Free Executive Sumnmary: Importantly, convenience does not stop at preparation speed. Most new launches now feature resealable film tops and microwave-crisping sleeves engineered by AptarGroup to keep breading crunchy without switching appliances. On-pack dynamic QR codes link to 90-second instructional reels, eliminating any cooking uncertainty. The effect is visible on retail scanner data: IRI's 2024 read shows frozen bowls ringing up 362 million individual units at U.S. mass retailers, surpassing the combined unit sales of ambient boxed dinners and shelf-stable rice pouches. Time-starved consumers are voting with their wallets, signaling that the freezer is no longer a last-minute backup but a primary weeknight solution. Key Findings in Frozen Food Market Market Forecast (2033) US$ 722.5 billion CAGR 5.4% Top Drivers Expanded cold-chain capacity enabling faster replenishment and broader geographic reach. Retail private-label proliferation boosting shelf-space allocation for value frozen offerings. Foodservice volume contracts stabilizing year-round demand for standardized frozen ingredients. Top Trends Expanded cold-chain capacity enabling faster replenishment and broader geographic reach. Retail private-label proliferation boosting shelf-space allocation for value frozen offerings. Foodservice volume contracts stabilizing year-round demand for standardized frozen ingredients. Top Challenges Expanded cold-chain capacity enabling faster replenishment and broader geographic reach. Retail private-label proliferation boosting shelf-space allocation for value frozen offerings. Foodservice volume contracts stabilizing year-round demand for standardized frozen ingredients. Frozen Aisles Showcase Global Dishes Mirroring Post-Pandemic Travel-Inspired Palates Worldwide Pent-up wanderlust has found an unexpected outlet in the frozen food market. As international travel rebounded in 2022–2023, shoppers returned with broadened taste expectations, and manufacturers responded with an unprecedented wave of globally inspired SKUs. Data partner SPINS recorded more than 640 distinct frozen entrées featuring regional callouts—ranging from Korean bulgogi to Moroccan tagine—introduced across U.S. natural and conventional channels in the twelve months ending February 2024. Importers such as Ajinomoto Foods North America and JBS-owned Seara launched lines prepared in USDA-inspected facilities using authentic marinades flown in from origin countries, ensuring flavor fidelity while meeting domestic safety codes. Retailers in the frozen food market are dedicating end-caps to these offerings to encourage trial. Kroger's 'Taste of the World' freezer sets rotate every eight weeks and drove an incremental 14,000 facing placements for ethnic frozen entrées during their pilot period, according to proprietary Kroger Precision Marketing data. Beyond entrées, dessert makers are embracing the same ethos—Witness Magnolia's ube purple-yam ice cream bars, moving 1.7 million bars through U.S. club stores since launch. The trend is equally pronounced in Europe, where Iceland Foods' 'Mexican Nights' range sold out within three days of debut. By integrating storytelling on-pack—complete with sourcing maps and chef partnerships—brands satisfy both curiosity and credibility, turning the freezer into a culinary passport that fits a Tuesday budget. Cold-Chain Technology Innovations Ensure Quality From Factory Conveyor To Fork What once happened behind supermarket loading docks is now a centerpiece of competitive advantage in the frozen food market: the cold-chain. Ultra-low-carbon trans-critical CO₂ refrigeration systems, installed in over 5,600 European stores by 2024, cut energy draw by up to 14 megawatt-hours annually per location compared with legacy hydrofluorocarbon setups. Logistics firms are layering Internet-of-Things telemetry onto these systems; Maersk's Captain Peter platform captures real-time container temperature every 15 minutes, issuing instant alerts if shrimp dumplings or cauliflower crusts drift just 0.5 °C outside tolerance bands. Quality preservation is equally rigorous on land in the frozen food market. In 2023, Walmart finished rolling out its 116-site High-Velocity Distribution model, where pallets are cross-docked into regionally optimized trucks within an average 27-minute dwell time—half the previous interval. This tighter cadence slashes frost crystals that compromise texture, allowing premium croissants and vegan nuggets to hold artisan integrity even after 1,300-mile hauls. Meanwhile, autonomous mobile robots from Seegrid now ferry frozen pallets inside warehouses at line speeds exceeding 5.5 feet per second, compensating for chronic labor shortages without sacrificing HACCP compliance. These combined technical strides reinforce the category's ability to promise 'chef-quality taste straight from the freezer,' a claim that resonates with consumers wary of flavor trade-offs. Digital Grocery Platforms Reshape Visibility, Pricing, And On-Demand Fulfillment Expectations E-commerce's share of frozen food market transactions may be small in absolute unit terms—IRI clocks it at 397 million picks in 2023—but its influence on merchandising strategy is outsized. Algorithms on Instacart, Amazon Fresh, and rank frozen items based on heat-indexed substitution risk, basket size lift, and fulfilment dwell time, reshuffling digital shelves weekly. Brands fine-tune tile images accordingly: alpha-numerically shorter names, proven by A/B tests from Profitero, index 12 positions higher on average search returns than longer descriptors. Quick-commerce operators magnify the impact. Gopuff, which locates 10,000-square-foot micro-fulfilment centers within three miles of 35 million U.S. households, delivers ice-cream pints in 16 minutes median. Such speed reframes frozen indulgence as an impulse treat rather than a planned stock-up, encouraging premium price-points. Retailers are also leveraging geofenced coupons so that consumers passing a Target location receive in-app 2-for-5 prompts for frozen dumpling brands stocked specifically in that store. On the back end, Shopify and BigCommerce APIs feed near-real-time inventory to Google Merchant Center, ensuring out-of-stock items are quietly de-indexed to avoid shopper frustration that would tarnish algorithmic quality scores. The net result is a shopper journey where discovery, evaluation, and delivery occur in under an hour—a paradigm that frozen food, with its shelf-life cushion, is uniquely positioned to dominate. Health-Conscious Shoppers Trigger Nutrient-Dense, Plant-Forward Evolution In Modern Freezers Globally The narrative that frozen equals preservative-laden is being dismantled by data-backed reformulation in the frozen food market. In 2024, Mintel tracked 1,180 global frozen launches labeled 'high protein,' 'keto,' or 'whole grain,' each supported by laboratory assays rather than marketing puffery. MorningStar Farms' Incogmeato chik'n tenders now achieve a 23-gram protein delivery through mycoprotein fermentation, bypassing textured soy's allergen baggage. Sweet Earth's frozen burritos feature 6 grams of dietary fiber derived from inulin-fortified tortillas, verified via AOAC Method 991.43. These quantitative improvements allow brands to align with American Heart Association sodium caps set at 1,300 milligrams per entrée without compromising satiety. Dietary tribes are simultaneously accommodated in the frozen food market. Gluten-free demand continues to rise; Udi's sells 5.4 million frozen pizza crusts annually through U.S. retail, up from 3.1 million units in 2021. Low-FODMAP mapping, already adopted by Australia's Monash University certification program, now appears on Feel Good Foods' potstickers, easing IBS sufferers' path to variety. Meanwhile, regenerative-ag source stories bolster the trust factor: Caulipower specifies cauliflower acreage contracted from Iowa growers practicing cover-cropping, and this traceability earns the brand an average 4.8-star rating on Thrive Market reviews. Together, these product upgrades support a thesis that nutritional density and clean labels are no longer contrary to freezer convenience but integral to its next growth curve. Emerging Economies Expand Frozen Food Adoption Amid Urbanization And Infrastructure Urban migration is rewriting food storage norms in India, Brazil, and Southeast Asia, where domestic freezer penetration hit 44 million additional households between 2020 and 2023, according to Euromonitor appliance shipment data. In India's Tier-I cities, Reliance Retail's Smart Bazaar chain installed 3,600 extra freezer doors in fiscal 2024 alone, allocating half the capacity to regional favorites such as aloo-tikki patties and paratha stacks that previously required labor-intensive home preparation. Infrastructure investment is underpinning the trend in the frozen food market. Indonesia commissioned 31 public cold-storage hubs along its Java and Sumatra corridors, each capable of holding 2,400 metric tons at ‑18 °C. The hubs feed a blossoming quick-service restaurant sector that depends on fail-safe supply of frozen fries and poultry. Local producers are rising to the occasion: BRF's Sadia plant in Abu Dhabi now dedicates a 100-container monthly export quota to West African ports where consistent electricity remains scarce, ensuring product integrity despite port dwell delays. These developments mirror smartphone adoption curves; once hardware—freezers and cold warehouses—becomes accessible, usage behaviors accelerate non-linearly. Consequently, global brands from McCain to Green Giant are tweaking SKUs for spice palettes and portion sizes specific to these high-growth geographies, positioning themselves to capture the freezer's next billion servings. Need a Customized Version? Request It Now: Competitive Landscape Blends Legacy Brands, Venture-Backed Startups, And Strategic Partnerships The modern frozen food market is a chessboard in the frozen food market where century-old incumbents share squares with digitally native upstarts. Conagra, General Mills, and Kraft Heinz still command multibillion-unit sell-through volumes, yet venture-funded entrants like Daily Harvest, Tattooed Chef, and Snow Days added a collective 58 million units to U.S. scanner tallies in 2023. These challengers differentiate with direct-to-consumer logistics, delivering dry-ice packed assortments that bypass planogram constraints. Mergers and joint ventures are blurring boundaries. In December 2023, Nestlé and Deliveroo inked a five-year agreement to stock 76 Deliveroo Hop dark stores with Nestlé-branded frozen pizzas and plant-based proteins, granting Nestlé near-instant access to 23 million European app users. Private-label momentum cannot be ignored either; Aldi's Fremont Fish Market sold 120 million frozen shrimp rings during the most recent holiday quarter, demonstrating that store brands can sustain premium volumes when quality parity is achieved. Meanwhile, ingredient suppliers are arming all players with faster iteration cycles—Givaudan's AI-driven Recipe Recommender trims flavor development to eight weeks, letting both giants and garage startups launch seasonal limited editions in step with viral TikTok trends. In this highly fluid ecosystem, strategic agility rather than legacy scale determines who claims the prime real estate in consumers' freezers. Global Frozen Food Market Major Players: Ajinomoto Co., Inc. Associated British Foods PLC CJ Foods ConAgra Brands, Inc. General Mills Inc. Grupo Bimbo S.A.B. De C.V Grupo Bimbo Kellogg Company Lantmannen Unibake International Maruha Nichiro Holding Inc. Mccain Foods Limited Nestle SA NH Foods Ltd. Nichirei Corporation Nippon Suisan The Kraft Heinz Company Tyson Foods, Inc. Unilever Other Prominent Players Market Segmentation: By Product Type Fruits Seasonal Regular Vegetables Peas Corn Potatoes Others Dairy Products Milk Butter Cheese Others Meat & Poultry Red Meat Pork Meat Poultry Meat Seafood Bakery Products Bread Pizza Crust Cakes & Pastries Others Soups Ready Meals Dumplings Rice-based Italian (Pastas) Indian Korean Chinese Others Others By Distribution Channel Retail Online Supermarket/ Hypermarket Convenience Stores/ Standalone Stores Enterprise Sale (B2B) HoReCa (Hotel, Restaurants, Café) – Food Service Travel (Railway/ Airline/ Others) Educational Institutes Food Processing Industry By Region North America Europe Asia Pacific The Middle East and Africa South America Need Strategic Clarity? Talk to Our Analyst Today: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:
Yahoo
15-07-2025
- Business
- Yahoo
Conagra Brands, Inc. (CAG) Had To 'Eat' The Tariff, Says Jim Cramer
We recently published . Conagra Brands, Inc. (NYSE:CAG) is one of the stocks Jim Cramer recently discussed. Conagra Brands, Inc. (NYSE:CAG) is a food products company, which, like its peers, has struggled on the stock market in 2025. The firm's shares have lost close to 30% in 2025 and are down by 10% over the past month. Conagra Brands, Inc. (NYSE:CAG)'s latest share price dip came in July after the stock fell by 4.4% after the firm's fiscal fourth quarter earnings report. The result saw it miss analyst EPS and revenue estimates of $0.58 and $2.83 billion by posting $0.56 and $2.78 billion. Conagra Brands, Inc. (NYSE:CAG) also missed analyst fiscal 2026 guidance by a wide margin as its midpoint EPS of $1.775 was nowhere close to the $2.18 analysts had penciled in. The miss was due to tariffs, and here's what Cramer said: 'Overlooked was the Conagra, which does not have great brands historically had to eat the tariff on tin cans and their inflation rate's gonna be 7% and that's why that stock got so many different price target cuts. A worker assembling a meal in a food production facility. Previously, Cramer mentioned that Conagra Brands, Inc. (NYSE:CAG) was removing dyes from its products: 'Conagra, and . . . Nestle, are all taking the dyes out. The synthetic dyes.' While we acknowledge the potential of CAG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Miami Herald
11-07-2025
- Entertainment
- Miami Herald
Dolly Parton explains why she's putting her music career on hold after tragedy
Dolly Parton has plenty of ideas for new music, but those ideas will have to wait. The 79-year-old country music icon is still mourning the loss of her husband, Carl Dean, who died on March 3 at the age of 82. He and Parton were married for nearly six decades. During a July 9 appearance on Khloé Kardashian's 'Khloé In Wonder Land' podcast, Parton said her husband's death is keeping her away from music. 'I can't do it right now because I got so many other things that I can't afford the luxury of getting that emotional right now,' she said of the projects she wanted to start but couldn't. 'I'll write something else, though, if it comes. I'm just putting that all on hold,' she added. Parton's statement comes four months after she confirmed the death of her husband, whom she had been married to since 1966. 'Carl and I spent many wonderful years together. Words can't do justice to the love we shared for over 60 years. Thank you for your prayers and sympathy,' Parton wrote in a March 3 Instagram post. Four days later, Parton released her newest song, 'If You Hadn't Been There.' 'I fell in love with Carl Dean when I was 18 years old. We have spent 60 precious and meaningful years together. Like all great love stories, they never end,' she wrote on Instagram on March 6. 'They live on in memory and song,' she continued. 'He will always be the star of my life story, and I dedicate this song to him.' While she won't be writing any new music in the near future, Parton recently celebrated the launch of a new line of Southern-inspired frozen, single-serve meals and sides with Conagra. She's also slated for a six-show residency in Las Vegas at the Colosseum at Caesars Palace from Dec. 4 to 13 and is releasing her newest book, 'Star of the Show: My Life on Stage,' on Nov. 11. Parton reveals the secret to her 59-year marriage to Dean While talking to Kardashian, Parton revealed why her and Dean made such a perfect pair. 'I have to be out in the public and I belong to the public, but I am such a private person and my husband was, as well,' she explained. Parton joked that they 'were so good for each other because he's a total loner.' 'We could just be in the house all day and say two or three words, didn't matter. Or we could talk all afternoon and lay in bed, talk at night, in the dark,' she continued. She later opened up about the lengths her husband would go to to avoid attention from her fans. 'My husband did not want to be out there. He never did an interview in his life,' she told Kardashian. Parton said her fans would see her husband mowing the lawn on his tractor and ask if he was Parton's husband, to which he would reply, 'Do I look like I'd be Dolly Parton's husband?' She also revealed the moment she knew it was best to keep her husband away from the media. The year was 1966 and Parton had just won BMI's Song Of The Year — the same year she married Dean. According to her official website, Parton's song 'Put It Off Until Tomorrow,' which was co-written with her Uncle Bill, won the award. Parton and Dean married on May 30, 1966. He was 21 and she was 18 at the time. To celebrate her musical success, Parton said she 'begged' Dean to attend the BMI awards that year — and he did, despite not wanting to. 'He rented a tuxedo. Didn't want to do it,' she said. 'And then when we were leaving that, he started taking (the tuxedo) off, taking off the jacket.' 'And he said, 'Now I want you to do great, but don't you ever ask me to go to another one of these (darn) things because I ain't going,' she added. 'And he never did. And I knew right then that I'm just going to keep him private as best I can,' she continued. Parton went on to clarify that her husband was 'very proud' of her and they got along so well because they never had anything to fight over.
Yahoo
10-07-2025
- Business
- Yahoo
Conagra Brands shares fall as earnings miss, outlook disappoints
-- Conagra Brands, Inc. shares fell 3.8% Thursday after the food company missed analyst expectations for its fourth quarter and issued weaker-than-expected guidance for fiscal 2026. The Chicago-based packaged food giant reported adjusted earnings per share of $0.56 for the fourth quarter, falling short of the $0.59 analyst consensus. Revenue declined 4.3% to $2.78 billion, below the $2.85 billion analysts had expected. Organic net sales decreased 3.5% in the quarter, driven by a 1% negative impact from price/mix and a 2.5% decrease in volume. For fiscal 2026, Conagra provided disappointing guidance, projecting adjusted EPS of $1.70 to $1.85, significantly below the analyst consensus of $2.19. The company expects organic net sales growth between -1% and 1% compared to fiscal 2025, with adjusted operating margin between approximately 11.0% and 11.5%. "I'm proud of the Conagra team for their hard work throughout fiscal 2025 as we navigated an environment that proved to be more challenging than we anticipated," said Sean Connolly, president and CEO of Conagra Brands (NYSE:CAG). "While the second half was impacted by higher than expected inflation, foreign exchange headwinds, and supply constraints, our long-term value creation strategy remains unchanged." The company cited continued inflationary pressures as a major headwind for the upcoming fiscal year, expecting core inflation of approximately 4%. Additionally, Conagra anticipates a significant impact from recently announced U.S. tariffs, which could increase cost of goods sold by approximately 3% annually before mitigating actions. For the full fiscal 2025, Conagra's net sales decreased 3.6% to $11.6 billion, with adjusted EPS declining 13.9% to $2.30. The company generated $1.7 billion in net cash flows from operating activities and reduced its net debt by 4.4% to $8.0 billion. Related articles Conagra Brands shares fall as earnings miss, outlook disappoints Delta Air Lines restores guidance after carrier posts record revenue Constellation Brands misses first-quarter profit, reiterates annual outlook
Yahoo
10-07-2025
- Business
- Yahoo
Markets Rally Ahead Despite Potential Complications
Wednesday, July 9, 2025Markets climbed again today — off session highs early, but recovering from a late-morning trough across all major indexes. This means we're seeing strength in more than just the AI/tech trade currently. The Dow gathered +217 points, +0.49%, while the S&P gained +37 points, +0.61%. The tech-heavy Nasdaq moved past these levels, +0.94%, while the small-cap Russell 2000 grew +1.07%.NVIDIA NVDA today became the first corporation to attain a $4 trillion market capitalization, leading the way, as it continues to do, on GPUs used for AI, data centers, etc. Meanwhile, Microsoft MSFT, the second-largest company, has also reached record highs. But even supply-chain solutions company Fastenal FAST is trading at record highs — at currently 40x the value of forward earnings. Even Bitcoin reached a new high today, to $112K. Amazon's AMZN Prime Day posted a weak first day of its now 4-day run, -41%. These are not simple comps to make to prior years; it's possible consumers feel more comfortable waiting out prospective sales to the latter part of the campaign. Last year, sales gained +11% to $14.2 billion, a record. We'll see if/when this year's Prime Day picks up some slack in the days to come. After all, we've seen other metrics regarding consumer spending lately showing signs of weakness. Today saw the release of the Fed minutes from the Federal Open Market Committee (FOMC) for last month's meeting. The monetary policy decision for June saw zero dissenters from keeping the 4.25-4.50% range intact, but looking into these minutes a little more deeply, we do see a 'couple' voting members willing to start cutting as early as July, but 'some' recommending zero cuts for all of 2025. Something will have to give here.'Many participants' are looking toward trade deals with other countries to solve for some of the potential inflation coming from tariffs about to hit our economy, but those have proven difficult to wrangle. Just this afternoon, President Trump threatened a +50% new tariff on the country of Brazil. Which means we're still baiting responses from trading partners, and not finalizing any deals as of today. Even though we're looking toward next week's Big Banks reporting to usher in Q2 earnings season in earnest, Thursday morning brings us a few key reports: Delta Air Lines DAL, Conagra CAG and Helen of Troy HELE. We know Delta will give us a good read on airline travel last quarter, while Conagra is a major agriculture exporter. (You can see the full Zacks Earnings Calendar here.)Helen of Troy is the parent company of household goods manufacturer OXO, among other brands, and as such may be heavily impacted by our current — and future — tariff environment. Last quarter, the company missed earnings estimates for the first time in five years, and soon after the company's CEO was replaced. It should be an interesting story to as we see most Thursday mornings, Weekly Jobless Claims will be out tomorrow, and they have provided interesting narratives of their own of late. On Initial Claims, they have cooled down in recent weeks from a near-term high of 250K new jobless claims to 233K last week. Continuing Claims have reached 1.964 million in consecutive weeks — the highest levels since November we breach 2 million longer-term jobless claims per week — and it will likely be here sooner than later; three months ago we were still down at 1.83 million — this will effectively change the narrative in the minds of many analysts about the strength and steadiness of the domestic labor market. It's too early to call this right now, as this data could pull back from here, but it is something to pay close attention or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report Fastenal Company (FAST) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Conagra Brands (CAG) : Free Stock Analysis Report Helen of Troy Limited (HELE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
