Kraft Food Industry Analysis

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Industry

The baking/dessert at home industry offers many products and options for its consumers. The leading companies General Mills Inc., Kraft Foods Inc., J.M. Smucker Co., Pinnacle Foods Group LLC, Continental Mills Inc. all offer mixes, icings and recipe ideas to create a community within this industry.
The industry saw no real change in sales in 2014. The estimated total sales were 2.7 billion dollars. The industry is predicted to decline in sales to 2.5 billion by the year of 2019. The reasoning behind this expected drop in sales is the idea that consumers will start purchasing pre-maid goods. Also there is a trend in healthier foods for families and a big gluten free trend across different industry.
This expected decline has already
…show more content…
It has created programs that work towards nourishing, educating and strengthening. The nourishing segment tries to eliminate hunger and give youth knowledge about health and wellness. Champions for Healthy Kids and the Presidential Youth Fitness Program were established to achieve these goals. The educating segment tries improving education and expanding access to education. It does this through two programs, Box Tops for Education and Join My Village. Both programs support and help expand education systems in and outside the United States. Within in the last segment, strength, it strives to volunteer in the community and invest in its community. General Mills achieves these goals by having 75% of their employees volunteer worldwide and have given 1.5 billion dollars since 1954 back to …show more content…
On Facebook and Instagram it has shared images of collectable Pillsbury Doughboy items. The campaign has a sense of tradition and reminiscing. Consumers are responding with pictures and comments of what collectables they have at home. Duncan Hines on the other hand is using a hash tag campaign called #DontJustSayItBakeIt. Duncan Hines posts a new dessert each day on their Facebook and what products of its the consumer needs to make it. The hash tag is created to get their consumers to share. Betty Crocker currently uses its Facebook to promote more recipes in general. Under each recipe it shares a link directly to the recipe and another directly to Pinterest to save it for later. All three of these companies that have a larger variety of frostings mostly focus on sharing recipes and ideas with its

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