Conagra Brands

Conagra Brands, Inc. (NYSE: CAG) is a North American packaged foods company headquartered in Chicago, Illinois. The company manufactures and markets branded consumer foods for retail consumers, restaurants, and institutions.

Conagra's portfolio includes a wide array of well-known brands across various categories. Some of its major brands are Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Gardein, and Frontera. The company operates through four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. Conagra generates about 70% of its approximately USD 12 billion in annual sales from frozen foods and snacking, where it is the largest and eighth-biggest player respectively.

In recent developments, Conagra has been focusing on innovation and expansion in the frozen foods category. The company has been introducing new products inspired by culinary trends and popular restaurant offerings, combining quality ingredients, flavor, and convenience. For example, Conagra recently launched new frozen meals under brands like Alexia, Blake's, evol, and Frontera. The company is also expanding its plant-based offerings through its Gardein brand, including new meatless options and bowls. Additionally, Conagra entered an exclusive licensing partnership with country music star Dolly Parton in January 2024 to expand its retail food offerings, starting with new Duncan Hines baking mixes and a Buttermilk Pancake Mix.