rte popcorn/caramel corn category highlights
DESCRIPTION
RTE Popcorn/Caramel Corn Category Highlights. RTE Popcorn Category Continues To Grow. +9.0%. +5.2%. Source: IRI Infoscan 12 months ending November 2, 2008. RTE Popcorn Growth Continues to Outpace Total Salty Snacks. Source: IRI Infoscan 12 months ending November 2, 2008. - PowerPoint PPT PresentationTRANSCRIPT
RTE Popcorn/Caramel CornCategory Highlights
RTE Popcorn Category Continues To Grow
$155,757 $163,584 $180,552
$0
$50,000
$100,000
$150,000
$200,000
$250,000
2006 2007 2008
Category Sales ($ '000)
+5.2% +9.0%
Source: IRI Infoscan 12 months ending November 2, 2008
RTE Popcorn Growth Continues to Outpace Total Salty Snacks
5.2%
2.1%
9.0%
5.6%
0.0%1.0%
2.0%3.0%
4.0%5.0%
6.0%
7.0%8.0%
9.0%
2007 2008
Annual Growth
RTE Popcorn
Total Salty Snacks
Source: IRI Infoscan 12 months ending November 2, 2008
White Cheddar is Leading Flavor
40%
27%
12%
7%
6.0% 4.0%
3.0% 1.0%
% Sales By FlavorWhite Cheddar
Caramel
Cheese
Butter
Plain
Light/Reduced Fat
Kettle
Other
Source: IRI Infoscan 12 months ending November 2, 2008
Private Label Underdeveloped, and Growing 2x Faster Than Branded
% of C ateg ory S ales
95.5%
4.5%
B randed
P rivateL abel
+17.6%
+8.7%
Source: IRI Infoscan 12 months ending November 2, 2008
Yaya’s Growth For Past Two Years Significantly Exceeds Average
T otal % G rowth 2007/2008
42%
22%
65%
79%
14%
0%10%20%30%40%50%60%70%80%90%
Y aya's P lain Y aya'sWhite
C heddar
Y aya's L ite Y aya's Herb TotalC ategory
Source: IRI Infoscan 12 months ending November 2, 2008
Key Learning & OpportunitiesKey Learning
• RTE Popcorn/Caramel Corn category is growing – outpacing total salty snacks• White Cheddar is dominant flavor, followed by caramel corns• Total Private label under-developed, and growing 2x faster than Total
branded• Yaya’s continues to significantly outperform category on all SKU’s
Opportunities
• Private label:• White Cheddar & Caramel Corns• Cheese
• Yaya’s brand