Conagra Brands Statistics By Employee Demographics, Net Sales, Business Segments and Market Share

Introduction

Conagra Brands Statistics: Conagra Brands, a multinational food processing company headquartered in Chicago, Illinois, has been a staple in American households for over a century. With a diverse portfolio of iconic brands, Conagra has significantly shaped the nation’s culinary landscape. The company’s products have become synonymous with convenience, taste, and affordability, from frozen meals to snacks and pantry staples. Founded in 1919 as Nebraska Consolidated Mills, Conagra has undergone a remarkable transformation over the years.

The company has expanded its product offerings and geographic reach through strategic acquisitions and organic growth. Today, Conagra’s brands are enjoyed by consumers around the world, and its products are available in virtually every major grocery store. These Conagra Brands Statistics will shed light on the brand’s performance in the market today.

Editor’s Choice

• Conagra Brands Statistics show that the brand is a male-driven industry with 66% male employees working with them.
• The highest share of employees of Conagra brands are white, representing 65.7%. Hispanic or Latino contributes 14.6%.
• The age group of 20 to 30 years is the common age range for Conagra Brands employees, representing 37% of the employees.
• As of 2023, the brand has been listed as one of the 50 leading food and beverage companies in North America for generating 12,777 million USD in sales.
• Conagra holds approximately 15% of the U.S. packaged food market, with a significant presence in frozen foods and snacks. Their market share in Canada is slightly lower, at around 12%.
• The Asia-Pacific region generated around $800 million in 2023, and the forecast is $850 million for 2024.
• The company sources over 70% of its agricultural ingredients sustainably, focusing on minimizing the environmental impact of its supply chain.
• The convenience Foods segment is expected to grow by 8% in 2024, and Conagra’s broad range of frozen foods makes it a key player in this market.
• Most employees can speak Spanish as a foreign language, resulting in 81.1%, followed by carrier 5.4%. Danish, Hungarian, German, Italian, and Greek equally contribute 7%.
• The age group of 20 to 30 years is the common age range for Conagra Brands employees, representing 37% of the employees.

Conagra Brands Statistics By Employee Demographics

Gender

• Conagra Brands Statistics show that the brand is a male-driven industry with 66% male employees working with them.
• Furthermore, 38% are female employees.

Ethnic Background

(Reference: zippia.com)

The highest share of employees of Conagra brands belong to white ethnicity, representing 65.7%. Hispanic or Latino contribute 14.6%. 10% and 6.7% represent black/African American and Asian, respectively.

Foreign Languages Spoken

(Reference: zippia.com)

Conagra Brands Statistics reveal that most employees can speak Spanish as a foreign language, resulting in 81.1%, followed by carrier 5.4%. Danish, Hungarian, German, Italian, and Greek equally contribute  2.7%.

Education Level

(Reference: zippia.com)

Conagra Brands Statistics show that 55.5% of their employees have bachelor’s degrees, followed by high school diploma and associate degree employees at 16.7% and 14.8%, respectively.

Age

(Reference: zippia.com)

The age group of 20 to 30 years is the common age range for Conagra Brands employees, representing 37% of the employees. Furthermore, with minor differences, 26% and 22% belong to those 30 to 40 years of age and 40+ years of age, respectively.

Conagra Brand’s Net Sales Generated From Walmart

(Reference: statista.com)

Over the last decade, Walmart has generated significant net sales worldwide. In 2023, 28% of the sales were recorded from Walmart alone, marking the highest share in all these years.

Net Sales of Conagra Brands By Segment

(Reference: statista.com)

As of 2023, Conagra Brand’s refrigerated and frozen food segment was the top-performing category in terms of sales. It generated more than US$5,000 million in sales, followed by the grocery and snacks segment, which generated nearly US$5,000 million in sales.

Net Sales of Conagra Brands Worldwide

(Reference: statista.com)

Conagra Brands Statistics 2023 shows that, in the previous year, the brand generated the highest net sales compared to its performance over the last ten years, contributing US$12,277 million in sales. Even during COVID-19, Conagra maintained and improved its net sales.

US Unit Sales of The Leading Frozen Pie Vendors

(Reference: statista.com)

In 2023, Conagra Brads and Schwan Food Co were the leading frozen pie vendors in the US, recording US$275.28 million and 254.26 million USD in sales, respectively. Other brands in the similar products category need to catch up to their top competitors.

Leading Food and Beverage Companies in North America By Sales

As of 2023, Conagra Brands Statistics show that the brand has been listed as one of the 50 leading food and beverage companies in North America for generating 12,777 million USD in sales.

(Source: statista.com)

List of Conagra Brand

(Source: wikipedia.org)

Conagra Brands – Business Segments and Market Share Overview

Business Segments

Conagra Brands operates across several key business segments, each focusing on different categories within the food industry. The primary segments include:

• Grocery & Snacks: This segment includes a wide variety of packaged foods, from snack items like popcorn and chips to pantry staples such as canned vegetables and sauces.
• Refrigerated & Frozen: This segment is focused on frozen meals, vegetables, and refrigerated products like dairy and plant-based foods.
• International: Products tailored for markets outside the United States, often featuring brands that are popular within specific regions.
• Foodservice: Products designed for restaurants and institutional customers, including ingredients and ready-to-serve meals.

Market Share and Financial Performance

In 2023 and 2024, Conagra Brands has continued to strengthen its position in the global food market. Here’s a region-wise breakdown of their market share:

North America (United States & Canada)

• Market Share: Conagra holds approximately 15% of the U.S. packaged food market, with a significant presence in frozen foods and snacks. In Canada, their market share is slightly lower at around 12%.
• Revenue: In 2023, the North American region contributed about $7.5 billion to Conagra’s total revenue, which is projected to rise to $7.8 billion in 2024.

Europe

• Market Share: Conagra’s market share in Europe is smaller, estimated at around 5%. The focus is mainly on frozen meals and snacks.
• Revenue: Conagra Brands Statistics show that the European segment brought in approximately $1.2 billion in 2023 and is expected to reach $1.3 billion in 2024.

Asia-Pacific

• Market Share: The company has a growing presence in this region, holding about 4% of the market, particularly in frozen foods.
• Revenue: The Asia-Pacific region generated around $800 million in 2023, with a forecast of $850 million for 2024.

Latin America

• Market Share: Conagra holds around 6% of the market in Latin America, with a focus on snacks and frozen foods.
• Revenue: In 2023, this region accounted for approximately $600 million, expected to increase to $620 million in 2024.

Overall Global Market Position

Globally, Conagra Brands maintains a 10% share of the packaged food market, making it one of the leading players in the industry. Their total revenue for 2023 was estimated to be around $10.1 billion, with projections to reach $10.5 billion in 2024. The company’s strategy of focusing on innovation within its product segments and expanding its international presence has been instrumental in maintaining and growing its market share.

In conclusion, Conagra Brands has a well-diversified business structure across multiple regions, with a strong emphasis on North America. Their continued growth in market share and revenue reflects the company’s ability to adapt to changing consumer preferences and market dynamics.

Conagra Brands – 2025

#1. Product Sustainability Analysis

Conagra Brands has been increasingly focused on enhancing the sustainability of its products, a key factor in meeting the growing consumer demand for eco-friendly options. In 2024, the company continues to prioritize sustainable packaging, responsible sourcing, and waste reduction across its operations.

• Sustainable Packaging: Conagra has committed to ensuring that 100% of its packaging is recyclable, compostable, or reusable by 2025. As of 2024, approximately 85% of their packaging meets these criteria. This initiative is expected to save the company $50 million annually by reducing material costs and improving efficiency.
• Responsible Sourcing: Concerning the Conagra Brands Statistics, the company sources over 70% of its agricultural ingredients sustainably, focusing on minimizing the environmental impact of its supply chain. In 2024, Conagra plans to increase this to 75% by partnering with more eco-conscious suppliers.
• Waste Reduction: Conagra aims to reduce food waste across its production facilities by 50% by 2030. In 2024, they have already achieved a 25% reduction, contributing to both environmental sustainability and cost savings.

#2. Competitor Analysis

Conagra Brands faces stiff competition from several key players in the food industry, including Nestlé, General Mills, and Kraft Heinz. Here’s a look at how Conagra compares to these competitors:

• Nestlé: Nestlé remains the largest player in the global packaged food market, with a 15% market share. Its focus is on health and wellness products, and it has been at the forefront of sustainability initiatives, particularly in reducing carbon emissions.
• General Mills: With a market share of around 10%, General Mills is a close competitor to Conagra, especially in the North American market. General Mills has also been pushing sustainability, with goals similar to Conagra’s in packaging and waste reduction.
• Kraft Heinz: With a 12% share of the global market, Kraft Heinz is another major competitor. Its sustainability efforts are primarily focused on reducing water usage and greenhouse gas emissions, but it lags behind Conagra in terms of sustainable packaging initiatives.

Conagra’s sustainability efforts are on par with those of its competitors, but its focus on sustainable packaging and waste reduction gives it a slight edge in this increasingly important area.

#3. Future Product Development Plans

In 2024, Conagra Brands is focusing on innovation and expansion in several key areas:

• Plant-Based Foods: Conagra plans to expand its plant-based product line, capitalizing on the growing demand for vegan and vegetarian options. Conagra Brands Statistics show that the company expects this segment to grow by 20% in revenue, reaching $1.2 billion by the end of 2024.
• Health and Wellness Products: Conagra is also developing new products for health-conscious consumers, including low-sodium, low-sugar, and high-protein options. This segment is projected to contribute an additional $500 million to its annual revenue.
• Global Expansion: The company is planning to enter new international markets, particularly in Asia and Latin America, with products tailored to local tastes. This expansion is expected to increase Conagra’s international revenue by 15%, reaching $2.8 billion in 2024.

#4. Consumer Demand Trends (2025 and Beyond)

Consumer demand in 2025 is increasingly driven by health, sustainability, and convenience:

• Health-Conscious Choices: Consumers are more focused on healthy eating, with demand for low-calorie, low-sugar, and organic products growing by 10% annually. Conagra is well-positioned to meet this demand through its expanding range of health-oriented products.
• Sustainability: Conagra Brands Statistics show that there is a strong consumer preference for sustainably produced and packaged goods, with 70% of consumers stating they prefer brands with a clear commitment to sustainability. Conagra’s focus on sustainable packaging and responsible sourcing aligns well with this trend.
• Convenience Foods: Busy lifestyles continue to drive demand for convenient meal options, including ready-to-eat and frozen meals. This segment is expected to grow by 8% in 2024, and Conagra’s broad range of frozen foods makes it a key player in this market.

Conclusion

Concluding the Conagra Brands Statistics, it is certain that Conagra Brands is making significant strides in product sustainability, positioning itself as a leader in the industry alongside major competitors like Nestlé and General Mills. The company’s future product development plans and alignment with consumer demand trends suggest continued growth and market share expansion in 2025 and beyond.

With a strong focus on health, sustainability, and convenience, Conagra is well-equipped to meet the evolving needs of its consumers while maintaining its competitive edge in the global market.