View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 1, 2021

Smithfield Foods to reduce sugar, salt in products

Smithfield Foods, the US meat firm owned by China's WH Group, has made a four-year commitment linked to the amount of sugar and salt in its product range.

By Leonie Barrie

Smithfield Foods, the US meat firm owned by China’s WH Group, has committed to reducing sugar and salt across its product range by 10% over the next four years.

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

The manufacturer, behind brands such as Nathan’s Famous and Eckrich, also wants to introduce ‘clean labelling’ across its portfolio.

It said the move is part of a “wide-ranging commitment to sustainability and continuous product improvement”.

By 2025, Smithfield said it will reduce sodium and sugar by 10% and embrace clean labelling across its portfolio.

Stewart Leeth, Smithfield’s chief sustainability officer, said: “Our addition of health and wellness as a sustainability pillar underscores our on-going commitment to lead the industry in providing transparency and nourishing, high-quality protein products.”

Smithfield said that to reach its reduced sugar and salt goals it will "continue to innovate and adapt its formulas".

It added that it is "committed to increasing label transparency and to continuing to reduce the complexity of product labels" by shortening ingredient statements where appropriate and employing cleaner labelling across its products by 2025. 

Smithfield said this goal builds upon existing transparency efforts, including the removal of ingredients unfamiliar to the average consumer in favour of natural ingredients produced from vinegar, celery juice and cherry powder. 

It suggested the company's online 'glossary of ingredients', launched in 2016, is the first online resource of its kind provided by a protein company. It lists definitions for more than 100 ingredients found in Smithfield products.

Headquartered in Smithfield, Virginia, the company employs 40,000 people in the US.

Related Companies

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food