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J.M. Smucker Company (SJM)

115.16
-3.16 (-2.67%)
NYSE · Last Trade: Apr 5th, 5:50 PM EDT
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Competitors to J.M. Smucker Company (SJM)

ConAgra Brands CAG -0.37%

The competition between ConAgra Brands and J.M. Smucker Company is characterized by their overlapping product categories, including frozen foods, snacks, and sauces. ConAgra features brands such as Healthy Choice and Marie Callender's, appealing to health-conscious consumers. Smucker, in contrast, has a delightful selection of jams, jellies, and a notable coffee portfolio. Both companies focus on brand quality and positioning but approach market trends differently, with ConAgra leveraging its ready-to-eat meal offerings and J.M. Smucker capitalizing on its longstanding tradition in fruit products. While ConAgra has a more diversified frozen food segment, J.M. Smucker's specialty in its niche products gives it a unique competitive advantage in those categories.

General Mills GIS -2.23%

General Mills and J.M. Smucker Company compete primarily in the packaged foods sector, with both companies offering a wide variety of brands in categories such as snacks, cereals, and baking products. General Mills has a strong portfolio of well-known brands like Cheerios and Betty Crocker, which helps it maintain a significant market presence. However, J.M. Smucker is particularly strong in areas such as fruit spreads and coffee, where it leverages its heritage brands like Smucker's and Folgers. The competition is intense, especially in the breakfast and snacking segments where both companies innovate to capture consumer preferences for healthier options. General Mills arguably has a competitive advantage due to its larger scale and diversified brand portfolio.

Kraft Heinz Company KHC -3.26%

Kraft Heinz and J.M. Smucker compete in various segments of the grocery and packaged foods markets, particularly in condiments, sauces, and snack products. Kraft Heinz owns iconic brands such as Heinz and Kraft, which gives it substantial leverage in brand recognition and market share. J.M. Smucker, while focusing on specific niches like fruit spreads and pet food with its Meow Mix and Pup-Peroni brands, often competes by focusing on quality and premium pricing strategies. The competitive environment forces both companies to innovate with health-focused product lines. Kraft Heinz appears to have an edge due to its aggressive marketing strategies and expansive distribution network.

Post Holdings POST -0.45%

Post Holdings and J.M. Smucker Company engage in competition primarily within the breakfast foods market, including cereals and snack foods. Post Holdings' brands like Grape-Nuts and Honey Bunches of Oats directly compete with Smucker's breakfast range. The strategic focus of Post is often on health-oriented products and innovative cereal offerings, while Smucker leverages its legacy in fruit spreads and coffee to attract consumers looking for quality breakfast options. Although both companies emphasize innovation, Smucker's longstanding brands and loyal consumer base give it a reliable footing in core categories. In this regard, although Post has a variety of offerings, Smucker may hold a competitive edge in brand loyalty.