• Bloomberg reports that "the head of Conagra Brands Inc. expects demand to remain elevated for some - but not all - packaged food after the pandemic subsides.
"The grocery mainstay, with brands such as Vlasic pickles and Duncan Hines baking mixes, is investing in its manufacturing capabilities for products likely to stay in demand, according to Chief Executive Officer Sean Connolly. While some canned goods, for example, will likely tail off, he said categories such as frozen vegetables and snack foods are still going strong."
"Frozen is in the midst of a renaissance," Connolly says.
One category that saw a surge in sales during the pandemic that Connelly does not expect to continue - canned pasta, such as the Chef Boyardee brand.
“We’re not sitting here today expecting Chef Boyardee, as an example, to have one of these significantly higher burn rates post-pandemic,” Connolly tells Bloomberg. “But when we look at frozen, when we look at snacking, we do.”
The comments came as The American Frozen Food Institute (AFFI) and FMI—the Food Industry Association released the second Power of Frozen report, noting that "frozen foods are a pandemic powerhouse ringing in $65.1 billion in retail sales in 2020, a 21% increase compared to a year ago."