Nils-Gerrit Wunsch
Research expert covering foods trends in North America, Europe, and the global food system
ConAgra Brands - statistics & facts
ConAgra Brands is a leading North American packaged food company and ranks twelfth in sales. The company was formed by consolidating four flour mills into Nebraska Consolidated Mills (NCM) in 1919. Since then, the company has rebranded itself several times over the years. In 1971, NCM changed its name to ConAgra Inc. At the Millennium, the company was renamed ConAgra Foods. Most recently, in 2016, the then Chicago-based FMCG player changed its name once again and is now known as ConAgra Brands. It currently employs over 18,600 people.
Company financials
Before interests and taxes, the company operated at a profit of nearly 1.5 billion U.S. dollars. Besides other costs, the company spends almost 58 million on research and development of their products. One very notable fact of company operations is that the ConAgra Brands makes over a quarter of its net sales through Walmart. This share grew from 20 percent in 2015 to 28 percent in 2023.ConAgra Brands' products
The company’s product portfolio includes iconic brands such as Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s. In total, ConAgra Brands generated net sales of about 12.28 billion U.S. dollars in 2023. That same year, the refrigerated & Frozen segment accounted for the largest share of net sales. Its brand Marie Callender’s is rated among the leading multi-serve and single-serve frozen dinner brands in the United States. To promote its products, the food company spends about 290 million U.S. dollars on global advertising and promotions.
