With changing consumer preferences, there is a huge demand for
packaged products with unique flavors. Consumers however prefer
to be informed about the nutritional contents of packaged food.
In fact, it is mandatory to label the product accurately so that
consumers are aware of the presence of ingredients that may pose
a health risk, particularly allergies.
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The U.S. Department of Agriculture's Food Safety and Inspection
Service (FSIS) recently announced that
Kraft Foods Group, Inc.
) recalled 96,000 pounds of wieners under its Oscar Mayer brand
due to wrong packaging and undeclared allergen. These hot dogs
were produced in early March at a facility in Columbia, MO.
The packets of Oscar Mayer Classic Wieners may contain Classic
Cheese Dogs. As a result of misbranding, the packages do not
reveal the presence of milk as an ingredient, which is a common
allergen. However, no adverse reaction has been reported yet.
Kraft Foods Group is the fourth-largest branded food and beverage
company in North America, after
), Nestle and
The Coca-Cola Company
). With growing health consciousness among consumers, Kraft has
been offering a variety of products with improved nutritional
profile like Planters NUT-rition, Oscar Mayer Selects and several
low-fat cheese options. The company has also reformulated its
products to add beneficial ingredients like fruits, vegetables
Earlier this month, the Oscar Mayer brand introduced new
varieties of lunch meats under its popular Deli Fresh line called
Deli Fresh BOLD lunch meats. Oscar Mayer's Deli Fresh BOLD lunch
meats come in four flavors: Italian Style Herb Turkey Breast,
Cajun Style Turkey Breast, Maple Honey Ham and Chipotle Seasoned
These new products are particularly designed for health conscious
consumers. These new flavored lunch meats are 97% fat free, with
no artificial preservatives or flavors. They are also gluten
Kraft Foods Group carries a Zacks Rank #4 (Sell).
A better-ranked company from the consumer goods sector is
Diamond Foods, Inc.
), carrying a Zacks Rank #2 (Buy).