Items Tagged with 'Kraft Heinz'

Cultured dairy is booming, led by soaring yogurt and cottage cheese sales, according to Circana data. Sour cream and cream cheese showed mixed results, though several brands posted standout gains across key cultured dairy segments.

Cheese sales growth, while not explosive, continues to show steady year-over-year gains. For the 52 weeks ending Jan. 25, the natural cheese category saw a 2% increase in dollar sales to $21 billion and a 2% rise in unit sales to 5.2 billion, according to Circana.

The separation is designed to maximize Kraft Heinz’s capabilities and brands while reducing complexity, allowing both new companies to more effectively deploy resources toward their distinct strategic priorities. 

“Ain’t no stopping us now. We’re on the move.” Turn on a radio and you may still hear that McFadden & Whitehead 1979 disco song. Those lyrics well define cottage cheese: There is currently no stopping its growth. 

Overall, it has been a strong past 52 weeks for cheese, especially when looking at the natural cheese category. There were some pockets of weakness however, mainly the processed cheese and grated cheese subcategories, according to Chicago-based market research firm Circana’s data for the 52 weeks ending Jan. 26.

It’s the age of cottage cheese. At first glance, it may sound like an exaggeration, but it’s not. TikTok has sent cottage cheese sales to the moon with sales of $1.33B. While private-label is still No. 1, brands like Daisy and Breakstone's are doing well. 

The company already announced Carlos Abrams-Rivera as the new CEO, starting in 2024.

Although perhaps not the impressive gold-medal victory achieved by the U.S. Men’s Olympic hockey team over the Russian’s in 1980 in Lake Placid, N.Y., most areas of the non-dairy market are scoring plenty of goals, with the exception of the juice market, which is biding its next chance to skate through a slump.

Brands will transition packaging to 100-percent recycled content in the United States beginning in 2024, in an effort to eliminate approximately 14 million pounds of virgin plastic.

Carlos Abrams-Rivera will take over for Miguel Patricio on Jan. 1.