Innovation in refrigerated foods and beverage continue to keep brick-and-mortar retailers alive, as shoppers flock to the perimeter of stores for fresh-cut fruits and vegetables, refrigerated meats and more. Innovation is also why the overall refrigerated foods and beverage industry is experiencing an uptick in sales.

Refrigerated & Frozen Foods compiled a list of Top 25 refrigerated foods processors, broken down by category (prepared foods/entrées/side dishes, meat/poultry, dairy, fruits/vegetables, beverages and dips/spreads). Processors are ranked by annual net sales and listings. This report represents Refrigerated & Frozen Foods’ best efforts to reflect pertinent sales from all refrigerated channels. Sales figures and estimates are based on company reports, news releases, market analysts’ reports, industry media and more. Figures exclude shelf-stable products, but may include non-refrigerated sectors, as some companies do not separate refrigerated sales from frozen. Bag salad sales exclude raw produce. Prepared foods sales include prepared dishes and salads. Fruits and vegetables exclude juice.

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ENTRÉES, SIDES & PREPARED FOODS: READY MEALS DELIVER GROWTH IN REFRIGERATED PREPARED FOODS CATEGORY

From ready-meal kits to home delivery services, the refrigerated meals section is experiencing a great deal of growth.

Delivered directly to households or picked up from grocery stores in pre-packed portions, meal kits include portioned ingredients and easy-to-follow instructions, allowing consumers to skip extensive meal prep and dive right in.

In fact, one in four adults in the United States purchased a meal kit for delivery or in-store, in the last year, and 70% continue to buy them after making their first purchase, according to research released by Nielsen, New York. The study states that many consumers continue buying meal kits because they offer new and healthy recipes, and that the inclusion of fresh foods and easy-to-follow recipes make meal kits a simple option for those looking to manage their health and diets.

Here’s how the Top 5 players in this category experienced growth.

Changes from last year’s report

  • Added Hormel Foods Corp. and General Mills to the list.
  • Removed BEF Foods (Bob Evans) and Blount Fine Foods from the list.

Significant events in 2017

Significant events to come in 2018

  • Reser’s announced plans to open a new state-of-the-art salad manufacturing plant in Topeka, Kan.

MEAT & POULTRY: MEAT, POULTRY SECTOR EXPERIENCING GLOBAL BOOM

The meat, poultry and seafood industry is experiencing a global boom, according to the “2017 Trends Shaping Meat, Poultry and Seafood Market Segment report,” produced by PMMI, The Association for Packaging and Processing Technologies, Reston, Va.

Factors influencing this boom include population gains, increased demand for meat, poultry and seafood and growth in foodservice and export opportunities.

Find out how the Top 5 players in this category are beefing up category growth.

Significant events in 2017

Significant events to come in 2018

  • The construction of Cargill Protein’s new 190,000-square-foot headquarters, which will remain in Wichita, is scheduled to be completed in October.
  • Tyson Foods announced plans to invest $84 million in its Union City, Tenn., poultry plant. The project is expected to be complete by mid-2019.

DAIRY: CHEESE, SPOONABLE YOGURT SPUR GROWTH IN REFRIGERATED DAIRY SECTOR

Growth in the refrigerated dairy case is largely due to the influx of cheese demand, according to Hoovers, Austin, Texas. In fact, U.S. dairy manufacturers produce about 11.5 billion pounds of cheese each year, while the average American consumes more than 35 pounds of cheese per year — an increase of more than 20% in the last two decades.

Meanwhile, research from Chicago-based Mintel reveals that sales of yogurt drinks have grown a healthy 62% in 2011-2016, with the spoonable yogurt segment accounting for the majority of sector sales.

Find out how the Top 5 players in this category experienced growth.

Changes from last year’s report

  • Added General Mills and Saputo Inc. to the report.
  • Removed Schreiber Foods and Land O’Lakes from the report.

Significant events in 2017

Significant events to come in 2018


DIPS & SPREADS: REFRIGERATED DIPS EXPERIENCE INCLINE IN SALES THANKS TO ALL-DAY SNACKING

From intricate flavoring to the influx of high-pressure processing (HPP) technology, the refrigerated dips and spreads market continues to experience elevated growth.

Specifically, the chips and dips market is poised to reach a robust $19.2 billion in sales by 2020, according to Mintel, Chicago. From Greek yogurt guacamole to sweet and sour salsa hummus, this segment thrives on innovation.

Here’s how the Top 5 players played a role in the uptick in sales of this category.

Changes from last year’s report

  • Added Reser’s Fine Foods to the report.
  • Removed Garden Fresh Gourmet from the report.

Significant events in 2017

  • Sandridge Food expanded its Medina, Ohio, headquarters plant to make room for additional manufacturing capabilities and capacity. Sandridge also installed new processing equipment in its Morton, Ill., facility for sous vide manufacturing.
  • Sabra Dipping Co., Chesterfield, Va., was featured in Refrigerated & Frozen Foods’ cover story on green technologies (May 2017 issue) for its LEED certification achievements.
  • MegaMex Foods, the Austin, Minn.-based joint venture between Hormel Foods Corp., Austin, Minn., and Herdez Del Fuerte, S.A. de C.V. and the maker of Wholly Guacamole refrigerated guacamole, opened what is said to be the nation’s first-ever guacamole-themed lounge—The Guac Stop—at Philadelphia’s Penn’s Landing. Meanwhile, Hormel Foods announced that its specialty foods segment merged into its grocery products segment.

FRUITS & VEGETABLES: DEMAND FOR FRESH-CUT PRODUCE GROWING AT STEADY RATE

The fruit and vegetable processing industry is gradually growing at a strong growth rate thanks to a rising consumer demand for fresh and healthy products that are easily available and need minimum preparation time, according to a new study from Market Research Hub, Albany, N.Y.

Per the findings of the study, the vegetable category has experienced stable growth over the past few decades, driven primarily by fresh vegetables and fresh-cut salad.

Find out how the Top 5 players in this category experienced growth.

Changes from last year’s report

  • Changed Earthbound Farm to DanoneWave, per company request.

Significant events in 2017

  • Dole Food Co., Thousand Oaks, Calif., rolled out new salad bag graphics.
  • Chiquita Brands International, Fort Lauderdale, Fla., installed what is said to be the world’s largest solar tracker system.
  • Fresh Del Monte Produce Inc., Coral Gables, Fla., and Del Monte Pacific Ltd., Philippines, formed a series of new joint ventures between the two companies that will result in expanded refrigerated offerings sold across all distribution and sales channels, as well as a new retail food and beverage concept modeled after the Fresh Del Monte Produce business in the Middle East. Fresh Del Monte Produce also announced plans to expand its U.S. logistics network by setting up a distribution center at the site of the former AstroPower building, currently owned by Christina School District, in New Castle, Del.
  • Bonduelle, France, acquired Ready Pac Foods, Irwindale, Calif.

The Reports

Entrees, Sides & Prepared Foods

Rank Company Name HQs Top Executive 2016-17 Sales FY End Product Brands No. of Plants
1 General Mills Minneapolis, MN Jeff Harmening, CEO $15.6B* 5/30/2017 Breakfast items Pillsbury 7
2 Conagra Brands, Inc. Chicago, IL Sean Connolly, president, CEO $11.64B** 5/31/2017 Side dishes   10
3 Hormel Foods Corp. Austin, MN Jim Snee, chairman, president, CEO $9.2B** 10/30/2017 Side dishes Hormel 10
4 Kraft Heinz Co. Chicago, IL; Pittsburgh, PA Alex Behring, chairman $6.4B** 12/31/2016 Lunch combinations Oscar Mayer, Lunchables 18
5 Reser's Fine Foods, Inc. Beaverton, OR Mark Reser, president, CEO $1.1B* N.A. Deli salads, side dishes, dips/spreads Reser's Main Street Bistro, American Classics, Stonemill Kitchens 14

*Projected figure.
**Company-wide.
(a)Represents 53-week year.

Meat & Poultry

Rank Company Name HQs Top Executive 2016-17 Sales FY End Product Brands No. of Plants
1 Tyson Foods Inc. Springdale, AR Tom Hayes, president, CEO $38B** 9/28/2017 Chicken, beef, pork, processed meats Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells, State Fair, Bonici, Bosco's 120
2 JBS USA Food Co.(1) Greeley, CO Andre Nogueira, CEO $33.1B(a)** 12/25/2016 Beef, pork, processed meats Country Pride, Swift, Pilgrim's 64
3 Cargill Protein(2) Wichita, KS Brian Sikes, president $20B 5/31/2017 Processed meats, pork, chicken Honeysuckle White, Shady Brook Farms, Honest Turkey, Rumba Meats, Sterling Silver Beef, Blackwell Angus, Angus Pride, Genuine Texas Beef, Excel Beef, Pasture Crafted Beef 38
4 Smithfield Foods, Inc.(3) Smithfield, VA Kenneth Sullivan, president, CEO $15B** 12/31/2016 Pork, processed meats Smithfield, Eckrich, Farmland, Armour, Cook's, John Morrell, Gwaltney, Nathan's Famous, Kretschmar, Margherita, Curly's, Carando, Healthy Ones 41
5 Hormel Foods Corp. Austin, MN Jim Snee, chairman, president, CEO $9.2B** 10/30/2017 Pork, turkey, processed meats Hormel, Jennie-O Turkey Store, Applegate 10

*Projected figure.
**Company-wide.
(1)Unit of JBS S.A.
(2)Unit of Cargill, Inc.
(3)Unit of WH Group Ltd.

Dairy

Rank Company Name HQs Top Executive 2016-17 Sales FY End Product Brands No. of Plants
1 General Mills Minneapolis, MN Jeff Harmening, CEO $15.6B* 5/30/2017 Yogurt Yoplait, Liberte 7
2 Conagra Brands, Inc. Chicago, IL Sean Connolly, president, CEO $11.64B** 5/31/2017 Butter, eggs, egg substitutes Blue Bonnet, Move Over Butter, Parkay, Egg Beaters 10
3 Saputo, Inc. Canada Lino A. Saputo, Jr., chairman, CEO $8.6B** N.A. Yogurt, cheese, creamers, milk Saputo, Alexis de Portneuf, Armstrong, COON, Dairyland, DairyStar, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait’s Go, Neilson, Nutrilait, Stella, Sungold, Treasure Cave, Woolwich Dairy N.A.
4 Dean Foods Dallas, TX Ralph Scozzafava, CEO $7.7B(a)* 12/31/2016 Milk, cultured products, teas, juice Alta Dena, Jilbert, Arctic Splash, Price’s, Barbers Dairy, Purity, Barbe’s, Land-O-Sun & design, ReadyLeaf, Berkeley Farms, Lehigh Valley, Dairy Farms, Reiter, Broughton, Louis Trauth Dairy Inc., Robinson, Brown Cow, Mayfield, Saunders, Brown’s Dairy, McArthur, Schepps, Chug, Meadow Brook, Shenandoah’s Pride, Country Fresh Meadow Gold, Stroh’s, Country Love, Mile High Ice Cream, Swiss Dairy, Creamland, Model Dairy, Swiss Premium, Dairy Ease, Morning Glory, TruMoo, DairyPure, Nature’s Pride, T.G. Lee, Dean’s, Nurture, Tuscan, Fieldcrest, Nutty Buddy, Turtle Tracks, Fruit Rush, Oak Farms, Verifine, Gandy’s, Orchard Pure, Viva, Garelick Farms, Over the Moon, Hygeia 67
5 Kraft Heinz Co. Chicago, IL; Pittsburgh, PA Alex Behring, chairman $6.4B** 12/31/2016 Cheese, cream cheese, sour cream, cottage cheese Heinz, Kraft, Philadelphia, Velveeta, Breakstone's, Athenos, Knudsen, Cracker Barrel, Polly-O 18

*Projected figure.
**Company-wide.
(a)Excludes frozen foods

Dips & Spreads

Rank Company Name HQs Top Executive 2016-17 Sales FY End Product Brands No. of Plants
1 Hormel Foods Corp. Austin, MN Jim Snee, chairman, president, CEO $9.2B** 10/30/2017 Dips, spreads Wholly Guacamole, Wholly Salsa, Wholly Queso 10
2 Reser's Fine Foods Beaverton, OR Mark Reser, president, CEO $1.1B* N.A. Dips, spreads Reser's Main Street Bistro, American Classics, Stonemill Kitchens 14
3 Sabra Dipping Co., LLC White Plains, NY Shali Shalit-Shoval, CEO $1B(*)** N.A. Dips, spreads Sabra 3
4 Sandridge Food Corp. Medina, OH Mark Sandridge, CEO $150M* N.A. Dips, spreads Grandma's Original Recipes, Two Chefs 2
5 Cedars Mediterranean Foods, Inc. Ward Hill, MA Charlie Hanna, president, CEO $150M* N.A. Hummus, dips, salsa Cedar's 1

*Projected sales.
**Company-wide.

Fruits & Vegetables

Rank Company Name HQs Top Executive 2016-17 Sales FY End Product Brands No. of Plants
1 DanoneWave(1) White Plains, NY Mariano Lozano, CEO $6B** 9/30/2017 Fresh-cut salad, fruit, vegetables Earthbound Farm 15
2 Dole Food Co. Inc. Westlake Village, CA David Murdock, chairman, CEO $4.5B(*)** 12/31/2016 Fresh-cut vegetabeles, packaged salad Dole 5
3 Fresh Del Monte Produce Inc. Coral Gables, FL Mohammad Abu-Ghazaleh, chairman, CEO $3.93B(*)** 12/27/2016 Fresh-cut fruits, vegetables Fresh Del Monte 23
4 Chiquita Brands International(2) Fort Lauderdale, FL Andrew Biles, president, CEO $3.1B(*)** 12/31/2016 Fresh-cut salad, fruit snacks Chiquita, Fresh Express 5
5 Ready Pac Foods Inc.(3) Irwindale, CA Tony Sarsam, CEO $800M N.A. Fruits, vegetables, packaged salad, salad kits Ready Pac, Ready Pac Bistro Bowl, Ready Pac Complete Salad Kits, Ready Snax, elevĀte, Single Serve Salads 4

*Projected sales.
**Company-wide.

 

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