** Stocks of U.S. packaged food makers fell this year as budget-conscious consumers tempered spending on pricy pantry staples due to inflation
** Kraft Heinz KHC.O, Campbell's CPB.O, General Mills GIS.N and Conagra CAG.N drop for third straight year
** Several food companies announced in October they would remove synthetic dyes from their products, amid increasingly health-conscious consumers and growing pressures from Trump administration's "Make America Healthy Again" movement
** Coca Cola KO.N outpaced peers with a 13% jump this year, helped by popularity for its zero-sugar drinks and Fairlife milk in the U.S, while rival PepsiCo PEP.O declined for a third straight year
** Tyson Foods TSN.N rose again this year as robust demand for chicken products continued to offset weakness in its beef segment
** Keurig Dr Pepper's KDP.O shares falls for the fourth straight year; co to buy Dutch coffee company JDE Peet JDEP.AS for $18 billion
** Chocolate maker Mondelez International MDLZ.O continued last year's declines, hurt by surging cocoa prices
** Plant-based meat maker Beyond Meat BYND.O falls about 77%, extending a five-year decline, and coffee maker JM Smucker SJM.N extended its losing streak to the third year
** S&P 500 Packaged Foods & Meats SPLRCFOOD index down about 14% this year, compared with a 17% rise in the S&P 500 index .SPX
Company
RIC
Shares of last close YTD
2024
2023
Beyond Meat
BYND.O
-77.48%
-57.75%
-27.70%
Lamb Weston
LW.N
-37.23%
-38.17%
20.96%
Mondelez International
MDLZ.O
-8.24%
-17.53%
8.67%
Kraft Heinz
KHC.O
-20.45%
-16.96%
-9.16%
J M Smucker
SJM.N
-10.62%
-12.87%
-20.24%
PepsiCo
PEP.O
-5.20%
-10.47%
-5.99%
Hershey
HSY.N
7.58%
-9.17%
-19.49%
Campbell's
CPB.O
-33%
-3.12%
-23.82%
Conagra
CAG.N
-37.19%
-3.18%
-25.94%
Hormel Foods
HRL.N
-23.56%
-2.30%
-29.51%
General Mills
GIS.N
-26.82%
-2.10%
-22.31%
Coca-Cola Co
KO.N
12.54%
5.65%
-7.36%
McCormick
MKC.N
-10.18%
11.43%
-17.46%
Keurig Dr Pepper
KDP.O
-12.56%
-3.60%
-6.56%
Tyson Foods
TSN.N
2.63%
6.87%
-13.65%
(Reporting by Koyena Das in Bengaluru)
((Koyena.das@thomsonreuters.com))