Conagra Brands Brings Impressive Portfolio of Snacks to 2022 NACS Expo

Rhea-AI Summary

Conagra Brands (NYSE: CAG) showcased its $2.9 billion snacking portfolio at the NACS Expo in Las Vegas from October 2-4, 2022. The company's diverse offerings cater to increasing consumer demand, with snacks being consumed 700 times a year per person. Key highlights included Slim Jim meat sticks, DAVID sunflower seeds, and Angie's BOOMCHICKAPOP popcorn. Innovative products such as DAVID Frank's RedHot Jumbo sunflower seeds are set to hit stores in early 2023. The company emphasizes merchandising solutions to boost product visibility and sales.

Positive

• Conagra's $2.9 billion snacking portfolio is one of the largest and fastest growing in the food industry.
• Demand for snacks is rising, with consumers snacking 700 times a year, up 30 occasions from five years ago.
• Slim Jim's Savage stick generated over $45 million in annual sales, making it the #1 innovation in meat snacks.
• DAVID and BiGS Seeds are experiencing rapid growth, with flavored sunflower seeds selling six times faster than Original.

Negative

• None.

Leading brands ready to showcase upcoming innovation and top sellers

CHICAGO, Sept. 29, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companies, returns to the National Association of Convenience Stores (NACS) Expo with a dynamic collection of snacks from several iconic and emerging brands. Conagra's $2.9 billion¹ snacking portfolio, one of the largest and fastest growing in the food industry, has a solution for nearly every snacking occasion. The 2022 NACS Expo, the convenience store industry's biggest annual gathering, is in Las Vegas from October 2-4.

"The impressive breadth of our snacking line-up truly comes to life at the NACS Expo," said Lucy Brady, President of Grocery & Snacks for Conagra Brands. "Consumers enter C-stores looking for quick, satisfying solutions, and we know our collection of snacks will grab their attention and leave them happy."

Demand for snacks continues to rise, with the average consumer snacking 700 times per year – up 30 occasions annually from five years ago.² To meet those needs, Conagra offers category leaders in meat snacks, seeds, warehouse-delivered salty snacks and popcorn, pudding and gels, and more. An exciting collection of licensing partners across the portfolio further enhances Conagra's newest offerings.

The Conagra Brands booth models the convenience store environment, allowing customers to see how Conagra's portfolio can be displayed in their stores. Among the brands and products on display at the NACS Expo are:

Slim Jim: With spicy attitude and flavor, Slim Jim®, America's #1 meat stick³, continues to deliver a meaty punch that knocks out hunger. The biggest wallop comes from the Savage stick, 3 oz. meat sticks available in Original, Mild and Spicy. With more than $45 million in annual sales, Savage is the #1 innovation in all of meat snacks over the last three years.⁴

Slim Jim never takes hunger lying down, but the Slim Jim Monster Short Boi,™ offers retailers a new way to shelve Slim Jim horizontally for maximum sales opportunities. Leveraging Slim Jim's position as the No. 1 impulse purchase meat snack brand⁵, the Monster Short Boi is a .97 oz. meat stick that is compact enough to be shelved on front-end and checkout lane candy racks. Slim Jim fans can also enjoy the classic combo of meat and cheese with the Slim Jim Original 'N Cheese Big Boss™, which delivers 13g of protein per pack.

For those seeking an elevated meat snacks experience, Conagra's portfolio also includes Duke's®, America's #1 premium meat snack⁶, with the brand's signature offering, the Original Recipe Smoked Shorty Sausages.

Pickled sausage fans know that Big Mama® pickled sausage, the #1 pickled meat snack⁷, offers crave-worthy pickled taste and an unbeatable value with the best price per ounce in all of meat snacks.⁸ 

DAVID and BiGS Sunflower Seeds: Flavored sunflower seeds are driving growth within the category, with sales growing six times faster than Original.⁹ DAVID® Seeds, America's #1 seed brand¹⁰, is partnering with another category leader, Frank's RedHot®, America's #1 selling hot sauce¹¹. DAVID Frank's RedHot Jumbo sunflower seeds will arrive in stores in January 2023, but visitors to NACS can get a first taste of the hottest new offering in sunflower seeds.

Co-branded flavors with licensed partners continue to outpace overall category growth, with sales up 36% from year ago. Leading the way is BiGS® Seeds, America's #1 flavored seed brand.¹² BiGS collection includes BiGS Vlasic® Dill Pickle sunflower seeds, the #1 selling flavored sunflower seed¹³; BiGS Takis® Fuego® sunflower seeds, last year's #1 innovation in sunflower seeds¹⁴; and BiGS newest flavor, BiGS Little Caesars ExtraMostBestest® Pepperoni Pizza sunflower seeds.

Angie's BOOMCHICKAPOP and ACT II: Angie's BOOMCHICKAPOP® popcorn continues to fuel category growth with its consumer-loved Sweet & Salty Kettle Corn made with "Real Simple Ingredients. Nothing Fake." A variety of sizes make BOOMCHICKAPOP perfect for a quick snack on-the-go or a treat to share with friends.

ACT II®, the top-selling value brand of microwave popcorn¹⁵, offers a ready-to-eat version of the flavor popcorn lovers crave most: Butter! Available in 1.7 oz. bags, ACT II Butter Lovers® ready-to-eat popcorn is a delicious snack that can be enjoyed anywhere.

Andy Capp's: The Andy Capp's salty snacks portfolio continues to be on fire, with sales in the convenience store channel up more than +50% over the last two years¹⁶. This leader in value salty snacks¹⁷ offers the legendary tastes of Andy Capp's Hot Fries and Cheddar Fries, complimented by Andy Capp's Beer Battered Onion Rings, available in 2 oz. bags of Original and Hot.

Snack Pack: Co-branded partnerships highlight the newest offerings from Snack Pack®, with the brand previewing four exciting new puddings and gels. Snack Pack Cinnabon® evokes a delicious, craveable experience featuring two indulgent layers inspired by the iconic Cinnabon cinnamon roll flavors you know and love. New Snack Pack Fruity PEBBLES™ pudding will bring the "Yabba Dabba Doo™" to snack time with fun, vibrant colors that replicate the iconic cereal. And new Snack Pack STARBURST® All Pink Juicy Gels® are bursting with strawberry flavor. 

Snack Pack's new Ice Cream Sandwich pudding offers the taste of a classic ice cream treat. Made with premium imported cocoa, Snack Pack's rich and creamy recipe includes vanilla ice cream flavored pudding sandwiched between layers of rich chocolate cookie flavored pudding.

In addition to new products, Conagra Brands is also showcasing their collection of merchandising vehicles which enable optimal assortment, better placement, and improved product visibility to maximize impulse purchase. With solutions for in-aisle, end cap displays and counter tops, Conagra Brands offers resources to help each customer find a customized solution.

For more information on Conagra Brands, including innovation from the company's roster of nearly 100 brands, visit conagrabrands.com.

1, 3-7, 9-17: Source: Source: IRI, Total US – Conv L52 WE 8/28/2022
2: NPD Group, year ending March 2022 vs 5YA
8: Based on weighted average price per unit among Competitors with >$10MM annual convenience sales, IRI, Total US – Conv L52 WE 5/29/22

Frank's RedHot®, a McCormick & Co., Inc. brand, is a registered trademark of the French's Food Company, LLC.

Takis and Fuego are registered trademarks owned by Grupo Bimbo S.A.B. DE C.V. used with permission © 2020 Grupo Bimbo, S.A.B. DE C.V.

Little Caesars is a registered trademark of LC Trademarks, Inc. ©2022 Little Caesar Enterprises, Inc.

Andy Capp is a trademark of MGN Limited. ©2005

CINNABON® and the Cinnabon logo are registered trademarks of Cinnabon Franchisor SPV LLC. ©2022 

Fruity PEBBLES CEREAL is a trademark of Post Consumer Brands, LLC. THE FLINTSTONES and all related characters and elements © & ™ Hanna-Barbera. (s22) 

STARBURST® and ALL PINK are trademarks of MARS or Affiliates used under license

About Conagra Brands

Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com.

For all media inquiries, please contact:
Dan Skinner
Conagra Brands
(312) 549 -5636 
Dan.Skinner@conagra.com

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SOURCE Conagra Brands, Inc.

FAQ

What did Conagra Brands present at the NACS Expo 2022?

Conagra Brands showcased its $2.9 billion snacking portfolio, including popular brands like Slim Jim and DAVID seeds.

When will DAVID Frank's RedHot Jumbo sunflower seeds be available?

DAVID Frank's RedHot Jumbo sunflower seeds are set to arrive in stores in January 2023.

What was the average consumer snacking frequency reported?

The average consumer snacks 700 times per year, which is a 30 times increase from five years ago.

Where was the NACS Expo 2022 held?

The NACS Expo 2022 took place in Las Vegas from October 2-4, 2022.

What key products did Conagra highlight at the expo?

Conagra highlighted products such as Slim Jim meat sticks, DAVID sunflower seeds, Angie's BOOMCHICKAPOP popcorn, and new Snack Pack offerings.