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Conagra Brands Completes Divestiture of Chef Boyardee® Brand to Hometown Food Company, a Brynwood Partners Portfolio Company
Conagra Brands Completes Divestiture of Chef Boyardee® Brand to Hometown Food Company, a Brynwood Partners Portfolio Company

Yahoo

timea day ago

  • Business
  • Yahoo

Conagra Brands Completes Divestiture of Chef Boyardee® Brand to Hometown Food Company, a Brynwood Partners Portfolio Company

CHICAGO, June 3, 2025 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the divestiture of the Chef Boyardee® brand to Hometown Food Company, a Brynwood Partners portfolio company. The transaction includes the manufacturing facility in Milton, Pa., as well as all assets and operations dedicated to the Chef Boyardee shelf-stable products business with the exception of frozen skillet meals, which will be licensed by Hometown Food Company to Conagra. About Conagra BrandsConagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company's portfolio is continuously evolving to satisfy consumers' ever-changing food preferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's® BOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's right for our business, our employees, our communities and the world. Headquartered in Chicago, Conagra Brands generated fiscal 2024 net sales of more than $12 billion. For more information, visit For more information, please contact:MEDIA:Media@ NeisiusIR@ View original content to download multimedia: SOURCE Conagra Brands, Inc. 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

Frozen Food Market Size to expected to reach US$ 444.22 Billion by 2031, Rising Demand for Convenience Food Drives Growth
Frozen Food Market Size to expected to reach US$ 444.22 Billion by 2031, Rising Demand for Convenience Food Drives Growth

Yahoo

time2 days ago

  • Business
  • Yahoo

Frozen Food Market Size to expected to reach US$ 444.22 Billion by 2031, Rising Demand for Convenience Food Drives Growth

The global frozen food market share is projected to reach approximately USD 444.22 billion by 2031, growing at a CAGR of 6.00% from 2025. Key players shaping the market include Nestlé S.A., Conagra Brands, General Mills, Unilever, Tyson Foods, McCain Foods, Kraft Heinz, Nomad Foods, Ajinomoto Co., and Grupo Bimbo. US & Canada, June 02, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the frozen food market is witnessing significant growth owing to the growing consumption of convenience food. The report runs an in-depth analysis of market trends, key players, and future opportunities. The frozen food market comprises an array of platforms and services that are expected to determine the market strength in the coming years. To explore the valuable insights in the Frozen Food Market report, you can easily download a sample PDF of the report – Overview of Report Findings Market Growth: The frozen food market size is expected to reach US$ 444.22 billion by 2031 from US$ 295.39 billion in 2024; it is likely to register a CAGR of 6.0% during the forecast period. The rising demand for convenience food owing to the hectic lifestyle is driving the growth of the frozen food market. Additionally, rapid urbanization, rising per capita income, and changing retail scenario are some of the key factors driving the frozen food market growth. The increasing penetration of smartphones and the internet, easy access to emerging technologies, rising purchasing power, and convenience provided by online retail platforms of shopping from anywhere at any time are among the key factors bolstering e-commerce. This factor contributes to the growth of the frozen food market by eliminating the dependency on offline retail stores. Growing Consumption of Convenience Food: Over the past few years, the lifestyles of people across the world have evolved dramatically. Due to hectic work schedules, people's dependency on products that save time and effort has increased. The surge in the consumption of high-quality convenience food is one of the biggest trends in the food industry. Convenience food, such as frozen snacks, frozen meals, cold cuts, and ready-to-eat products, allows consumers to save time and effort associated with ingredient shopping, meal preparation and cooking, consumption, and post-meal activities. The development and popularity of these food items are ascribed to many social changes; the most notable of these are the increasing number of smaller households and the rising millennial population across the world. Due to hectic work schedules, millennials prefer to be efficient with their time, rather than spending it on tedious tasks. Thus, they are more likely to spend their money on convenience food. These factors are significantly boosting the demand for convenience food among consumers, eventually boosting the growth of the frozen food market. In recent decades, women's participation in workforce in different countries has increased tremendously. A significant rise in the employment of women boosts the popularity of convenience food, such as frozen food, among working-class populations. Thus, the rising demand for convenience food is supporting the growth of the frozen food market. Burgeoning Popularity of Plant-Based Frozen Products: Veganism has gained significant momentum in recent years. Consumers are highly inclined toward plant-based products as they perceive them to be healthier than conventional products. Additionally, increasing awareness regarding animal protection and environmental sustainability is adding to the popularity of these food products. The proliferation of the veganism wave across the world is highly influencing innovations in the frozen food market. Registrations for the Veganuary Campaign have increased dramatically over the past few years. The flourishing trend of veganism has encouraged manufacturers of frozen food to launch plant-based products. Thus, the growing inclination toward plant-based food, with the rocketing popularity of veganism, is expected to bring new trends in the frozen food market during the forecast period. Geographical Insights: In 2024, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Frozen Food Market Insights, Visit: Market Segmentation Based on type, the frozen food market is segmented into frozen desserts; frozen meat, poultry, and seafood; frozen bakery; frozen snacks & appetizers; frozen ready meals; and others. The frozen meat, poultry, and seafood segment held the largest share of the market in 2024. In terms of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share of the market in 2024. The frozen food market is segmented into five major regions: North America, Europe, APAC, Middle East & Africa, and South & Central America. Stay Updated on The Latest Frozen Food Market Trends: Competitive Strategy and Development Key Players: Conagra Brands Inc, General Mills Inc, Pepperidge Farm Inc, Bonduelle Group, McCain Foods Ltd, Bellisio Foods Inc, Tyson Foods Inc, Kellogg's Co, Nestlé SA, and The Kraft Heinz Co. are among the major companies operating in the frozen food market. Trending Topics: Rise of Plant-Based and Vegan Products, Premium and Gourmet Frozen Meals, Convenient Breakfast Solutions, Snackable and Miniature Portions, and Sustainable and Eco-Friendly Packaging. Global Headlines on Frozen Food HyFun Foods and Woolworths collaborated to expand the premiumization of frozen foods into mainstream food aisles. Wyman's has launched three new frozen products, marking its fourth new product launch in four years, including Protein Blends for smoothies, Fruit First Waffles, and Fruit and Peanut Butter Poppers. MBC acquired Nardone Brothers Frozen Pizza Company, providing a third processing plant in Pennsylvania and immediate access to dayparts beyond breakfast. Lakeside Foods acquired Smith Frozen Foods, which is expected to finalize the acquisition by early next week. Benford Capital Partners acquired Turri's Italian Foods Inc, a frozen Italian pasta and rice manufacturer, marking its 16th investment in the food industry and its sixth platform investment in the Chicago-based firm. Purchase Premium Copy of Global Frozen Food Market Size and Growth Report (2021-2031) at: Conclusion The rising demand for convenience food owing to hectic work schedules is driving the frozen food market growth. Also, the ever-growing food industry with product innovation and enhanced technology is propelling the market. With rising demand for healthy and plant-based food among consumers, frozen food manufacturers are focusing on this trend in their product innovation. Moreover, rising retail sales of frozen foods, including breads, meat, snacks, and appetizers, are projected to drive the market during the forecast period. The report from The Insight Partners provides several stakeholders—including frozen food providers and frozen food manufacturers—with valuable insights into navigating this evolving market landscape and unlocking new opportunities. Talk to Us Directly: Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: Phone: +1-646-491-9876 Home - 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

Dolly Parton leans on her faith after losing husband of nearly 60 years
Dolly Parton leans on her faith after losing husband of nearly 60 years

Japan Today

time6 days ago

  • Entertainment
  • Japan Today

Dolly Parton leans on her faith after losing husband of nearly 60 years

By GARY GERARD HAMILTON Dolly Parton's angelic voice floated throughout her first gospel album in 1971 with songs like 'I Believe,' 'Lord Hold My Hand' and the album's title track, 'Golden Streets of Glory.' The entertainment icon says the same steadfast faith that inspired those hymns have anchored her throughout her grief following the death her husband, Carl Dean. 'I am a person of faith, and I truly believe that I'm going to see him again someday. And I see him every day in my memories and in my heart, and in all the things that we used to do and all the things that we've built together,' said Parton. 'You just kind of have to learn to kind of make new plans — but that's the hardest part.' The Rock & Roll Hall of Fame honoree reflected on her marriage of nearly 60 years while promoting her new single-serve Southern-inspired frozen meals, following her popular Duncan Hines baking mixes via a collaboration with US-based Conagra Brands. Dean, who avoided the spotlight and inspired her timeless hit 'Jolene,' as well as her 2023 'Rockstar' album, died in March at 82. 'I really feel his presence,' said the 10-time Grammy winner. 'I just try to go on, because I know I have to. And he was ill for quite a while, and part of me was at peace that he was at peace and not suffering anymore. But that still doesn't make up for the loss and the loneliness of it.' The 79-year-old recording artist spoke with The Associated Press about her perspective on life without her husband, her entrepreneurial spirit and on why she's never embraced the title 'superstar.' The conversation has been edited for brevity and clarity. AP: It seems like the entire world was thinking of you following your loss. Has your perspective changed of what you hope to accomplish after losing your husband? PARTON: No, I just think that I've always had dreams and I'm always working. My husband understood that. Carl knew that better than anybody and he was all about it. He was very proud of me. … So when I did lose him, I just thought, well, I'm going to take all of that energy, and I'm just going to put that back into other things, and I'll keep him ever-present in everything that I do. AP: You have so many business ventures and philanthropic work. Where did your entrepreneurial acumen begin? PARTON: I just think that if you're successful, if you are lucky enough to see your dreams come true, you need to make new dreams out of your other dreams. Because it's like a tree with lots of limbs and leaves, so every dream, you can kind of branch off — if you'll pardon the expression — and do other things. And I like the business end of things. I like seeing things happen, and I love making things happen. So, my mind just naturally works that way. AP: You have your popular Duncan Hines cake mixes and now, your single-serve frozen meals. What other projects are you working on? PARTON: I have a new book coming out ... this one is called 'Star of the Show,' which is actually a song I wrote years ago. But it's about my life on the road and my life on stage — all the behind the scenes and all the people that I've met, and all of the things that happen when you're traveling like that as I have for all of these years. So, that, and then I have my life story as a musical. It's called 'Dolly: An Original Musical.' And I've written a lot of original songs for it. Of course, it'll have the big hits that are woven into the story. And it's just about my life, from the time I was little until up through now. It's going to be at the Fisher Center of Performing Arts at Belmont University (in Nashville). Then, once that has its run through the end of August, then we take it to New York to open on Broadway next year. AP: How are you celebrating the 40th anniversary of your Dollywood theme park? PARTON: One of the things they did for the 40th anniversary was put a big sign up on the hill there above Dollywood that says 'Dollywood' like the Hollywood sign. … Years ago, when I thought, 'Well, someday I'm going to have my own theme park and I'm gonna change that H to a D and have Dollywood.' So, they finally, after 40 years, put that sign up, even though I've talked about it for years. So, we've got a lot of wonderful things planned for the whole season that's celebrating the 40th anniversary. It seems just like a few years back, but it's like everything else: I was with Carl for 60 years, and Dollywood's 40 years old. And that's just hard to believe because I'm only 27. (laughs) AP: Have you accepted that you're the Dolly Parton, global superstar? PARTON: I don't think about my life in terms of 'superstar.' I'm just a workin' girl. I always say — and it's the truth — that I am a workhorse that looks like a show horse. But I gotta keep it all up and I enjoy all of it. … My husband always said, 'If anybody was ever born to be a star, it's you.' Because he sees me loving to do all the things and playing and stuff — it's play time for me. But I take it very serious. © Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Dolly Parton leans on her faith after losing husband of nearly 60 years

time28-05-2025

  • Entertainment

Dolly Parton leans on her faith after losing husband of nearly 60 years

NEW YORK -- NEW YORK (AP) — Dolly Parton's angelic voice floated throughout her first gospel album in 1971 with songs like 'I Believe,' 'Lord Hold My Hand' and the album's title track, 'Golden Streets of Glory.' The entertainment icon says the same steadfast faith that inspired those hymns have anchored her throughout her grief following the death her husband, Carl Dean. 'I am a person of faith, and I truly believe that I'm going to see him again someday. And I see him every day in my memories and in my heart, and in all the things that we used to do and all the things that we've built together,' said Parton. 'You just kind of have to learn to kind of make new plans — but that's the hardest part.' The Rock & Roll Hall of Fame honoree reflected on her marriage of nearly 60 years while promoting her new single-serve Southern-inspired frozen meals, following her popular Duncan Hines baking mixes via a collaboration with US-based Conagra Brands. Dean, who avoided the spotlight and inspired her timeless hit 'Jolene,' as well as her 2023 'Rockstar' album, died in March at 82. 'I really feel his presence,' said the 10-time Grammy winner. 'I just try to go on, because I know I have to. And he was ill for quite a while, and part of me was at peace that he was at peace and not suffering anymore. But that still doesn't make up for the loss and the loneliness of it.' The 79-year-old recording artist spoke with The Associated Press about her perspective on life without her husband, her entrepreneurial spirit and on why she's never embraced the title 'superstar.' The conversation has been edited for brevity and clarity. PARTON: No, I just think that I've always had dreams and I'm always working. My husband understood that. Carl knew that better than anybody and he was all about it. He was very proud of me. … So when I did lose him, I just thought, well, I'm going to take all of that energy, and I'm just going to put that back into other things, and I'll keep him ever-present in everything that I do. PARTON: I just think that if you're successful, if you are lucky enough to see your dreams come true, you need to make new dreams out of your other dreams. Because it's like a tree with lots of limbs and leaves, so every dream, you can kind of branch off — if you'll pardon the expression — and do other things. And I like the business end of things. I like seeing things happen, and I love making things happen. So, my mind just naturally works that way. PARTON: I have a new book coming out ... this one is called 'Star of the Show,' which is actually a song I wrote years ago. But it's about my life on the road and my life on stage — all the behind the scenes and all the people that I've met, and all of the things that happen when you're traveling like that as I have for all of these years. So, that, and then I have my life story as a musical. It's called 'Dolly: An Original Musical.' And I've written a lot of original songs for it. Of course, it'll have the big hits that are woven into the story. And it's just about my life, from the time I was little until up through now. It's going to be at the Fisher Center of Performing Arts at Belmont University (in Nashville). Then, once that has its run through the end of August, then we take it to New York to open on Broadway next year. PARTON: One of the things they did for the 40th anniversary was put a big sign up on the hill there above Dollywood that says 'Dollywood' like the Hollywood sign. … Years ago, when I thought, 'Well, someday I'm going to have my own theme park and I'm gonna change that H to a D and have Dollywood.' So, they finally, after 40 years, put that sign up, even though I've talked about it for years. So, we've got a lot of wonderful things planned for the whole season that's celebrating the 40th anniversary. It seems just like a few years back, but it's like everything else: I was with Carl for 60 years, and Dollywood's 40 years old. And that's just hard to believe because I'm only 27. (laughs) PARTON: I don't think about my life in terms of 'superstar.' I'm just a workin' girl. I always say — and it's the truth — that I am a workhorse that looks like a show horse. But I gotta keep it all up and I enjoy all of it. … My husband always said, 'If anybody was ever born to be a star, it's you.' Because he sees me loving to do all the things and playing and stuff — it's play time for me. But I take it very serious. ___

Dolly Parton leans on her faith after losing husband of nearly 60 years
Dolly Parton leans on her faith after losing husband of nearly 60 years

Yahoo

time28-05-2025

  • Business
  • Yahoo

Dolly Parton leans on her faith after losing husband of nearly 60 years

NEW YORK (AP) — Dolly Parton's angelic voice floated throughout her first gospel album in 1971 with songs like 'I Believe,' 'Lord Hold My Hand' and the album's title track, 'Golden Streets of Glory.' The entertainment icon says the same steadfast faith that inspired those hymns have anchored her throughout her grief following the death her husband, Carl Dean. 'I am a person of faith, and I truly believe that I'm going to see him again someday. And I see him every day in my memories and in my heart, and in all the things that we used to do and all the things that we've built together,' said Parton. 'You just kind of have to learn to kind of make new plans — but that's the hardest part.' The Rock & Roll Hall of Fame honoree reflected on her marriage of nearly 60 years while promoting her new single-serve Southern-inspired frozen meals, following her popular Duncan Hines baking mixes via a collaboration with US-based Conagra Brands. Dean, who avoided the spotlight and inspired her timeless hit 'Jolene,' as well as her 2023 'Rockstar' album, died in March at 82. 'I really feel his presence,' said the 10-time Grammy winner. 'I just try to go on, because I know I have to. And he was ill for quite a while, and part of me was at peace that he was at peace and not suffering anymore. But that still doesn't make up for the loss and the loneliness of it.' The 79-year-old recording artist spoke with The Associated Press about her perspective on life without her husband, her entrepreneurial spirit and on why she's never embraced the title 'superstar.' The conversation has been edited for brevity and clarity. AP: It seems like the entire world was thinking of you following your loss. Has your perspective changed of what you hope to accomplish after losing your husband? PARTON: No, I just think that I've always had dreams and I'm always working. My husband understood that. Carl knew that better than anybody and he was all about it. He was very proud of me. … So when I did lose him, I just thought, well, I'm going to take all of that energy, and I'm just going to put that back into other things, and I'll keep him ever-present in everything that I do. AP: You have so many business ventures and philanthropic work. Where did your entrepreneurial acumen begin? PARTON: I just think that if you're successful, if you are lucky enough to see your dreams come true, you need to make new dreams out of your other dreams. Because it's like a tree with lots of limbs and leaves, so every dream, you can kind of branch off — if you'll pardon the expression — and do other things. And I like the business end of things. I like seeing things happen, and I love making things happen. So, my mind just naturally works that way. AP: You have your popular Duncan Hines cake mixes and now, your single-serve frozen meals. What other projects are you working on? PARTON: I have a new book coming out ... this one is called 'Star of the Show,' which is actually a song I wrote years ago. But it's about my life on the road and my life on stage — all the behind the scenes and all the people that I've met, and all of the things that happen when you're traveling like that as I have for all of these years. So, that, and then I have my life story as a musical. It's called 'Dolly: An Original Musical.' And I've written a lot of original songs for it. Of course, it'll have the big hits that are woven into the story. And it's just about my life, from the time I was little until up through now. It's going to be at the Fisher Center of Performing Arts at Belmont University (in Nashville). Then, once that has its run through the end of August, then we take it to New York to open on Broadway next year. AP: How are you celebrating the 40th anniversary of your Dollywood theme park? PARTON: One of the things they did for the 40th anniversary was put a big sign up on the hill there above Dollywood that says 'Dollywood' like the Hollywood sign. … Years ago, when I thought, 'Well, someday I'm going to have my own theme park and I'm gonna change that H to a D and have Dollywood.' So, they finally, after 40 years, put that sign up, even though I've talked about it for years. So, we've got a lot of wonderful things planned for the whole season that's celebrating the 40th anniversary. It seems just like a few years back, but it's like everything else: I was with Carl for 60 years, and Dollywood's 40 years old. And that's just hard to believe because I'm only 27. (laughs) AP: Have you accepted that you're the Dolly Parton, global superstar? PARTON: I don't think about my life in terms of 'superstar.' I'm just a workin' girl. I always say — and it's the truth — that I am a workhorse that looks like a show horse. But I gotta keep it all up and I enjoy all of it. … My husband always said, 'If anybody was ever born to be a star, it's you.' Because he sees me loving to do all the things and playing and stuff — it's play time for me. But I take it very serious. ___ Follow Associated Press entertainment journalist Gary Gerard Hamilton at @GaryGHamilton on all his social media platforms.

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