TreeHouse Foods Statistics By Net Sales, Number Of Employees, Country, Trends, Sustainability Goals And Financial Investments

Introduction

TreeHouse Foods Statistics: Have you ever looked at a box of cookies or a jar of pickles in the supermarket and wondered who actually makes them? Well, there’s a good chance it could be TreeHouse Foods! This company isn’t in the business of selling products under its brand; instead, they’re the hidden chefs behind many of the store brand (also called private label) foods you see on grocery store shelves. Founded in 2005, TreeHouse Foods has grown into a giant of the private label industry.

They focus on making a wide variety of shelf-stable and refrigerated foods, like snacks (crackers, cookies, pretzels), drinks (coffee creamers, drink mixes), and some breakfast and pantry staples (cereal, pickles, pudding). Imagine all the different grocery aisles, and TreeHouse Foods likely has something in most of them!

Editor’s Choice

• In 2023, 6,000 of the company’s employees were located in the United States. Less than 50%, compared to the USA, were in Canada, contributing 1,400.
• According to World Bench Marketing Alliance 2024, the company claims to offer “better-for-you and organic product alternatives for 26 of 29 products.
• In Q4 of 2023, the net sales were registered at 980.8 million US dollars.
• The company plans to source 100% of key ingredients, such as palm oil, cocoa, and coffee, sustainably by 2025.
• The company has committed $50 million towards sustainability initiatives over the next five years.

General TreeHouse Foods Statistics

• TreeHouse Foods Statistics show that, as of 2024, the net sales are expected to reach $3.50 billion from $3.43 billion, with a 0% to 2% year-over-year growth rate.
• According to World Bench Marketing Alliance 2024, the company claims to offer “better-for-you and organic product alternatives for 26 of 29 products.
• In Q4 of 2023, the net sales were registered at 980.8 million US dollars.
• Furthermore, the net interest expense is projected to amount between US$56 to $62 million.

TreeHouse Foods Net Sales Worldwide

(Reference: statista.com)

The highest net sales ever recorded for Treehouse Foods were in 2016, contributing to 6.18 billion US dollars. Since then, the net sales declined, reaching 4.29 billion US dollars. During COVID-19, there was a major decrease in sales, which are slowly improving, reaching 10 years ago level.

Treehouse Foods By Number Of Employees By Country

(Reference: statista.com)

TreeHouse Foods Statistics show that, in 2023, 6,000 of the company’s employees were located in the United States. Less than 50%, compared to the USA, were in Canada, contributing 1,400.

TreeHouse Foods Company Profile

TreeHouse Foods Inc. is a leading manufacturer and distributor of private-label packaged foods and beverages in North America. Founded in 2005 and headquartered in Oak Brook, Illinois, TreeHouse Foods focuses on providing high-quality, affordable food products primarily under retailer brand labels. The company operates in the packaged food industry, serving a wide range of categories, including beverages, meals, snacks, and condiments.

Business Structure

TreeHouse Foods operates through two main business segments:

• Meal Preparation: This segment includes dressings, sauces, syrups, dry dinners, hot cereals, and other prepared foods.
• Snacking & Beverages: This segment covers beverages, snack nuts, cookies, crackers, and other snack foods.

The company’s decentralized business model allows its various brands and production facilities to operate semi-independently, enhancing flexibility and responsiveness to market changes.

Current Product Developments

TreeHouse Foods has been focusing on expanding its product lines and improving the quality of its offerings. Some notable current product developments include:

• Health and Wellness Products: Introduction of healthier food options, such as low-sugar, low-sodium, and organic products. This aligns with the growing consumer demand for healthier food choices.
• Sustainability Initiatives: The company is actively working on sustainable packaging solutions and responsibly sourcing ingredients. This includes using recycled materials and reducing the carbon footprint of its production processes.

Future Product Developments And Launches

Looking ahead, TreeHouse Foods plans several key product developments and launches:

• Expansion of Plant-Based Products: With the increasing popularity of plant-based diets, TreeHouse Foods is set to launch a range of plant-based meal solutions and snacks.
• Innovative Snacks: Develop new snack products with unique flavors and ingredients to cater to diverse consumer preferences. Private Label Growth: Continue to expand private label offerings to include more premium and specialty products can help retailers differentiate themselves in the competitive market.

Geographic Presence

TreeHouse Foods operates primarily in North America, with a significant presence in the United States and Canada. The company has over 40 production facilities across these regions, ensuring wide distribution and availability of its products.

Consumer Demand Trends

Consumer demand for TreeHouse Foods’ products has been influenced by several key trends:

• Private Label Popularity: There is a growing preference for private label products as consumers seek value without compromising on quality. This trend has been beneficial for TreeHouse Foods, which specializes in retailer brands.
• Health Consciousness: Increased awareness about health and nutrition has driven demand for the company’s healthier and organic product lines.
• Convenience Foods: With busy lifestyles, there is a high demand for convenient meal solutions, which has led to a rise in sales for TreeHouse Foods' ready-to-eat and easy-to-prepare products.

Financial Performance And Market Position

In 2023, TreeHouse Foods reported revenue of approximately $4.5 billion. The company has maintained a steady growth trajectory, driven by strategic acquisitions and organic growth in key product categories. The meal preparation segment accounts for about 60% of the total revenue, while the snacking and beverages segment contributes the remaining 40%.

TreeHouse Foods’ Product Sustainability Goals

TreeHouse Foods Inc. is dedicated to environmental stewardship. It has set several ambitious sustainability goals to reduce its environmental impact, enhance supply chain sustainability, and meet the growing consumer demand for eco-friendly products.

Key Sustainability Goals

• Reduction in Greenhouse Gas Emissions
  – Goal: TreeHouse Foods aims to reduce greenhouse gas (GHG) emissions by 25% by 2025, using 2020 as the baseline year.
  – Progress: As of 2023, the company has achieved a 15% reduction in GHG emissions.
• Sustainable Sourcing
  – Goal: The company plans to source 100% of key ingredients, such as palm oil, cocoa, and coffee, sustainably by 2025.
  – Progress: Currently, 70% of these key ingredients are sourced sustainably.
• Water Conservation
  – Goal: TreeHouse Foods aims to reduce water usage by 20% by 2025, compared to their 2020 baseline.
  – Progress: They have managed a 12% reduction in water usage so far.
• Waste Reduction
  – Goal: The company aims to achieve zero waste to landfill across all its manufacturing facilities by 2025.
  – Progress: As of now, 60% of TreeHouse Foods’ facilities have reached zero waste to landfill status.
• Sustainable Packaging
  – Goal: TreeHouse Foods is committed to ensuring that 100% of its packaging is recyclable, reusable, or compostable by 2025.
  – Progress: Currently, 80% of their packaging meets these sustainability criteria.

Financial Investments

TreeHouse Foods has made significant financial investments to achieve this sustainability
goals:

• Total Investment: The company has committed $50 million towards sustainability initiatives over the next five years.
• Annual Sustainability Budget: TreeHouse Foods allocates approximately $10 million annually to various sustainability projects.

These investments are directed towards upgrading production facilities, improving supply chain sustainability, and developing eco-friendly packaging solutions. By prioritizing these sustainability goals, TreeHouse Foods aims to enhance its environmental footprint while meeting the evolving demands of consumers who are increasingly prioritizing sustainability in their purchasing decisions.

Conclusion

As seen in these TreeHouse Foods Statistics, the brand is well-positioned in the private-label food industry with a robust portfolio of products that cater to evolving consumer preferences. Their focus on health, sustainability, and convenience, along with a strategic approach to product development and market expansion, ensures they remain a key player in the packaged food sector.

With planned future product launches and an emphasis on innovation, TreeHouse Foods is set to continue its growth trajectory in the coming years.