Company profile

Future of ConAgra Foods

#
Rank
479
| Quantumrun Global 1000

Conagra Brands Inc. is a North American packaged foods company that produces and sells products under various brand names that are available in food service establishments, restaurants, and supermarkets. It is headquartered in Chicago, Illinois.

Home Country:
Industry:
Food Consumer Products
Website:
Founded:
1919
Global employee count:
20900
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$11642900000 USD
3y average revenue:
$11806033333 USD
Operating expenses:
$2209400000 USD
3y average expenses:
$1844533333 USD
Funds in reserve:
$834500000 USD
Market country
Revenue from country
0.90

Asset Performance

  1. Product/Service/Dept. name
    Consumer foods
    Product/Service revenue
    7220000000
  2. Product/Service/Dept. name
    Commercial foods
    Product/Service revenue
    4410000000

Innovation assets and Pipeline

Investment into R&D:
$66700000 USD
Total patents held:
123

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the food, beverages and tobacco sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, by 2050, the world’s population will balloon far past nine billion people; feeding that many people will keep the food and beverage industry growing into the foreseeable future. However, providing the food necessary to feed that many people is beyond the world’s current capacity, especially if all nine billion demand a Western-style diet.

*Meanwhile, climate change will continue to push global temperatures upward, eventually far beyond the optimal growing temperatures/climate of the world’s staple plants, like wheat and rice—a scenario that can endanger the food security of billions.

*As a result of the two factors above, this sector will collaborate with the top names in agribusiness to create novel GMO plants and animals that grow faster, are climate resistant, are more nutritious, and can ultimately produce far greater yields.

*By the late 2020s, venture capital will begin investing heavily in vertical and underground farms (and aquaculture fisheries) that are located close to urban centers. These projects will be the future of ‘buying local' and have the potential to significantly increase the food supply to support the world's future population.

*The early 2030s will see the in-vitro meat industry mature, particularly when they can grow lab-grown meat at a price less than naturally raised meat. The resulting product will eventually be cheaper to produce, far less energy intensive and damaging to the environment, and will produce significantly safer and more nutritious meats/protein.

*The early 2030s will also see food substitutes/alternatives become a booming industry. This will include a larger and cheaper range plant-based meat substitutes, algae-based food, soylent-type, drinkable meal replacements, and high protein, insect-based foods.

COMPANY’S FUTURE PROSPECTS

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