Big Food Reset: Ozempic Craze & Inflationary Prices Fuel Corporate Strategy Shake-Up at CAGNY Conference
BOCA RATON, Fla. – Big Food companies are seeking to change the narrative with investors at the annual Consumer Analyst Group of New York conference. The industry has faced challenges with the Ozempic craze and consumers resisting high prices. At the conference, major packaged food brands like PepsiCo, Coca-Cola, Hershey’s, Conagra Brands, and Molson Coors are presenting their strategies. One key focus is on the recovery of sales volume as consumers cut back on purchases …