The J.M. Smucker Co – Company Overview and Analysis, 2023 Update
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The J.M. Smucker Co Company Overview
The J.M. Smucker Co (J.M. Smucker) is a US-based manufacturer and distributor of consumer food, pet care, and non-alcoholic beverages products. The US and Canada are the key markets for the company’s sales.
J.M. Smucker is investing in activities that are in line with themes such as health & wellness, e-commerce, and social media. This is expected to drive the market growth. However, even though the economic recovery continues in North America, factors such as high inflation, increase in prices of raw materials, global supply chain disruption, and current global events such as the Russia-Ukraine conflict may pose a challenge to the company’s growth in the region.
The “The J.M. Smucker Co – Company Overview and Analysis, 2023 Update” report is based on market analysis and brand diversification by industry and geography. The report will help in understanding the challenges and opportunities for the company to tap into what is impacting the industry. It also gives access to valuable strategic take-outs to help direct future decision-making and inform new product development.
Key Sectors | · Pet Care
· Food · Non-alcoholic beverages |
Key Regions | · North America
· Asia · West Europe · Middle East and North Africa · Australasia · Latin America · East Europe |
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The J.M. Smucker Co Company Analysis by Sectors
The major sectors in which The J.M. Smucker Co. deals are food, pet care, and non-alcoholic beverages. J.M. Smucker has a diverse business with the pet care industry contributing most towards its sales. It is followed by food and non-alcoholic beverages. However, the rising prices of food products across the globe due to rising inflation and supply chain disruptions are expected to pose challenges for the company.
The J.M. Smucker Co Company Analysis by Sectors, 2021 (%)
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The J.M. Smucker Co Company Analysis by Regions
The major regions in which The J.M. Smucker Co is concentrated are Asia, North America, West Europe, the Middle East and North Australasia, Latin America, and East Europe. North America is the key region for J.M. Smucker, accounting for the highest sales revenue in 2020. The US accounted for the highest value share in 2020, followed by Mexico.
The J.M. Smucker Co Company Analysis by Regions, 2020 (%)
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The J.M. Smucker Co - Top Themes
The major themes in which The J.M. Smucker Co. is investing are social media, easy and affordable, e-commerce, Supply chain management, and health and wellness.
Supply chain management: In 2021, J.M. Smucker announced plans to expand the manufacturing facility of its Uncrustables snack sandwiches. The company believes that the brand is expected to double its sales in the next five years. In line with this, the company is investing more than $1 billion in the production and distribution site in McCalla, Alabama.
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Scope
• North America is the key region for J.M. Smucker, accounting for highest sales revenue in 2020
• Asia and Latin America offers favorable conditions for pet care business over the forecast period.
Key Highlights
- North America is the key region for J.M. Smucker, accounting for the highest sales revenue in 2020.
- Asia and Latin America offer favorable conditions for the pet care business over the forecast period.
Reasons to Buy
- Understand the challenges and opportunities for a specific company in order to tap into what is really impacting the industry.
- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Table of Contents
Frequently asked questions
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Which was the highest revenue-generating sector for The J.M. Smucker Co. in 2021?
The pet care sector led the company’s growth in 2021.
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Which region led The J.M. Smucker Co’s business in terms of brand sales in 2020?
North America led The J.M. Smucker Co.’s business in terms of brand sales in 2020.
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What are the major themes in which The J.M. Smucker Co. is making investments?
The major themes in which The J.M. Smucker Co. is investing are social media, easy and affordable, e-commerce, Supply chain management, and health and wellness.
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