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New PAM Air Fryer Spray a Must-Have for Air Fryer Owners

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Conagra Brands (NYSE: CAG) has launched PAM Air Fryer Non-Stick Spray, specifically designed for air fryers, addressing concerns about appliance wear and tear from traditional cooking sprays. The new formula features a 450-degree smoke point, higher than traditional sprays, and is formulated to reduce residue build-up on wire baskets and trays. With air fryers present in over 60% of U.S. households and ranking as America's fourth most-popular cooking appliance, the product is positioned as a pantry essential. The spray, priced at $3.99, contains no artificial preservatives, flavors, or colors, and can be applied directly to both the appliance and food to promote browning and crisping.

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Positive

  • Product addresses a specific market need in the growing air fryer segment
  • Targets 60% of U.S. households that own air fryers
  • Higher smoke point (450-degree) provides competitive advantage over traditional sprays

Negative

  • None.

News Market Reaction 1 Alert

+0.18% News Effect

On the day this news was published, CAG gained 0.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

New Formula Designed for Higher Temperatures Helps Avoid Appliance Wear and Tear  

CHICAGO, Nov. 21, 2024 /PRNewswire/ -- As the leader in cooking sprays1, PAM® Cooking Spray, a brand of Conagra Brands, Inc. (NYSE: CAG), has been an essential tool for home cooks and professional chefs for more than 60 years. Now PAM has introduced a new formula specifically designed for one of America's most-popular kitchen appliances – the air fryer. Different from traditional cooking spray, new PAM Air Fryer Non-Stick Spray delivers superior performance while addressing a concern consumers have with using traditional cooking sprays on an air fryer's wire tray or basket – the potential for wear and tear.   

"Sales of air fryers have grown rapidly, but traditional cooking sprays aren't always the best match," said Audrey Ingersoll, VP/GM, Conagra Brands. "Our team developed a new PAM Cooking Spray that ensures your air fried foods come out great, while leaving minimal mess behind. If you have an air fryer or are planning to buy one this holiday season, PAM Air Fryer Spray is a pantry essential."

In recent years, air fryers have surged in popularity, and now rank as America's fourth most-popular cooking appliance2. More than 60% of U.S. households own an air fryer, and they will again be a popular gift in 20242. PAM Air Fryer Spray was specifically designed to reduce residue and build-up on the wire basket or tray, which can lead to wear and tear.

With a 450-degree smoke point – higher than a traditional cooking spray - PAM Air Fryer is formulated to withstand the high temperatures used in air frying. The ingredients in PAM Air Fryer Spray won't brown or smoke easily. The spray can be applied directly to an air fryer's wire tray or basket. Made with no artificial preservatives, flavors or colors, PAM Air Fryer Spray can also be applied directly to uncooked food to promote browning and crisping of your wings, tenders, fries and more. PAM's legendary reputation for non-stick performance allows you to remove your air fried foods with ease, while enjoying a no-mess clean-up.

PAM Air Fryer Spray is the latest addition to the brand's versatile collection of cooking sprays. PAM Baking Spray, made with flour, is an essential for all your holiday baking. For omelets, casseroles and so much more, PAM Original Non-Stick Cooking Spray is a pantry must-have.

PAM Air Fryer Spray, featuring an orange colored can, is now available for a suggested retail price of $3.99. To learn more about PAM Air Fryer Spray and the full collection of PAM Cooking Sprays, visit pamcookingspray.com.

1: Circana POS, L13 WE 10/20/2024
2: Circana National Eating Trends for Year ending March 2024

About Conagra Brands

Conagra 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 www.conagrabrands.com.

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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-pam-air-fryer-spray-a-must-have-for-air-fryer-owners-302312467.html

SOURCE Conagra Brands, Inc.

FAQ

What is the price of PAM Air Fryer Spray (CAG)?

PAM Air Fryer Spray is available for a suggested retail price of $3.99.

What percentage of US households own air fryers according to Conagra (CAG)?

According to the press release, more than 60% of U.S. households own an air fryer.

What is the smoke point of PAM Air Fryer Spray (CAG)?

PAM Air Fryer Spray has a 450-degree smoke point, which is higher than traditional cooking sprays.

Does PAM Air Fryer Spray (CAG) contain artificial preservatives?

No, PAM Air Fryer Spray is made with no artificial preservatives, flavors, or colors.
Conagra Brands Inc

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