Asian flavors and appetizers led sales in 2021.
Sales of many of the frozen potato-based sides slid last year: French fries sold $1.3 billion in 2021, with dollar growth down 2.6%; figures for tater tots fell 5.6%; and frozen hash browns were down 3.2%.
Other categories experienced growth, including appetizers, which sold $2.8 billion for +6.2% growth YOY. Cheese-based apps and party trays both experienced double-digit increases, while the frozen dumpling/gyoza/shumai/Rangoon category saw explosive dollar growth, with +43% YOY, according to NFRA. Frozen egg rolls jumped by 22%.
CJ Foods announced plans for a 700,000-square-foot production facility for Asian frozen foods, including appetizers and snacks.
Pilgrim’s Pride acquired the prepared meats and meals business from Kerry Consumer Foods for $952 million.
Smucker’s announced plans to build a $1 billion new plant for its Uncrustables line.