General Mills Inc - Company Profile
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Business Description
General Mills Inc (General Mills) is a manufacturer of food products. It produces and sells more than 100 consumer foods brands in 100 countries across six continents to numerous retail stores.
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R&D Overview
The R&D arm of General Mills focuses on developing new products, improving existing products, process design, and packaging. It also intends to develop products in the new areas of business and technology. The company’s research facilities located in the Minneapolis, Minnesota metropolitan area, the US. In FY2023, the company incurred a total expenditure of US$257.6 million on its R&D efforts, which as a percentage of revenue stood, at 1.3%.
Business Segments
Overview
Offer retail and foodservice businesses outside of the United States and Canada. Product include super-premium ice cream and frozen desserts, meal kits, salty snacks, snack bars, dessert and baking mixes, and shelf stable vegetables.
Performance
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Overview
Offers ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, baking mixes, and bakery flour
Performance
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Overview
Offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, fruit and savory snacks, and a wide variety of organic products including refrigerated yogurt, nutrition bars, meal kits, salty snacks, ready-to-eat cereal, and grain snacks. Market its products through grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar, and discount chains, and e-commerce grocery providers.
Performance
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Overview
Provides pet food products to national pet superstore chains, grocery stores, e-commerce retailers, mass merchandisers, and veterinary clinics and hospitals, located across the US. Offers products such as dog and cat food.
Performance
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Geographical Segments
Target Markets
China, Australia, India, France, Greece, Spain, Brazil, Mexico, Korea and Canada.
Performance
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Performance
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