O-S-C-A-R is up for S-A-L-E. "Oh, I wish I were an Oscar Mayer Wiener..." hold that thought as Kraft Heinz seeks to sell Oscar Mayer. No word yet on whether condiments will be included, but the big maker of hot dogs, cold cuts and bacon is facing declining sales as consumer look for healthier options.
Now I could make the wurst hot dog joke, but a proposed sale of Oscar Meyer would rake in a lot of bacon to the tune of $5 billion. The potential exploration of extra relish and a sale doesn't come as a surprise given the shift by consumers towards healthier options. That shift has had food makers developing and launching lower sodium and sugar products as well as marketing them as such.
Less hatin', more faux bacon. Unfortunately for Oscar Meyer, consumers have embraced more vegan and plant-based options. While bacon goes with everything, demand for pork in the U.S. is down 9% from 20 years ago. And cold cuts haven't been immune either from changing dietary habits. Loaded with saturated fat, sodium and nitrates all while being short on protein, prepackaged cold cuts aren't exactly the poster child for the American Heart Association.
My Bologna has a first name, it's O-S-C-A-R. My bologna has a second name, It's M-A-Y-E-R. Oh I love to eat it everyday...unfortunately, those days are as likely as the Wienermobile parking in your driveway https://lnkd.in/gfBqtChN #kraftheinz #oscarmeyer #health #business #consumers #food
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