Posted 4/9/2024, 7:54:25 PM
Canned Meat Sales Surge as Americans Seek Cheaper Protein Options Amid High Inflation
- Demand for canned meats like Spam is "on fire" as Americans cut spending due to inflation
- Brands like Conagra, Kraft Heinz are marketing cheaper canned goods to appeal to SNAP participants
- Conagra introducing new Banquet chicken patties priced at $6.99 for 6 patties
- Grocery store owners report 10%+ increases in demand for Spam, corned beef, Chef Boyardee
- Darden (Olive Garden parent company) seeing lower sales from customers with incomes below $75k
