Episode 31: Snack Attack — The U.S. Migration to a Healthier Diet
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Apr 23, 2025
22:11
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insights INSIGHT
Pandemic Boost Then Market Share Decline
Large food companies gained market share during the pandemic due to resilient supply chains. - Post-pandemic, they face volume declines and are losing market share despite price promotions.
insights INSIGHT
Multiple Drivers of Consumer Shifts
Multiple factors drive volume declines, including income pressure on low-income households. - Healthier eating trends and GLP-1 drugs also shift demand away from traditional snacks.
insights INSIGHT
Health Trends Boost Scratch Cooking
Scratch cooking and meals have gained share as people adopt healthier lifestyles. - GLP-1 users mirror dieters, boosting demand for fresh ingredients over prepared foods.
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In this episode, we turn our attention to the U.S. food industry, which is grappling with changing consumer habits, the impact of GLP-1 drugs, the “Make America Healthy Again” campaign — and, yes, tariffs. Join host Lucy Baldwin and food products & producers analyst Thomas Palmer as they discuss how the industry has evolved since the pandemic, which trends are driving current buying habits, which companies are faring better or worse, and what M&A prospects look like in the coming year.