Kellogg Co
Euromonitor International's company profile, Kellogg Co offers detailed strategic analysis of the company's business, examining its performance in the packaged food market. The report examines company shares by region and sector, brand portfolio and new product developments, market and distribution strategies, challenges from the competition and future prospects. Use it to understand opportunities and threats facing the business and the factors driving success .
Chapters: 5 | Tables: 21 | Publication date: Jul 2007
Table of contents
STRATEGIC EVALUATION
SWOT ANALYSIS
Strengths
Weaknesses
Opportunities
Threats
PROSPECTS FOR THE PACKAGED FOOD BUSINESS
Kellogg looks well set for the future but strategies not without risks
Greater differentiation required in its wellbeing and convenience portfolio approach
Overlapping healthy with premium and indulgence a possible development path
More functional foods an option for Kellogg; over 55s demographic offers potential
Fruit snacks offer Kellogg another opportunity for wellbeing sector leverage
Impulse channels key in the US; schools to embrace healthier snacks?
Kellogg must improve its emerging world profile but costs may restrict pace of any growth
Table 1 Kellogg Co: World Sector Sales Performance 2005
Table 2 Kellogg Co: Packaged Food Regional Sales Performance 2005
CORPORATE OVERVIEW
Snacks drive North American sales as Kellogg posts another year of steady net sales growth
UK, France and Mexico lead healthy International sales division performance
Profit margins hit by heavyweight spending and rising costs
Kellogg top 10 global packaged food player
STRATEGIC OBJECTIVES AND CHALLENGES
Added-value focus paying dividends for far-sighted Kellogg
Huge spend on innovation and advertising starts to erode operating margin at Kellogg
Wellbeing and convenience main tenants of portfolio development strategy
Greater emerging world coverage needed to offset slowing core cereals markets?
OPERATIONAL AND DISTRIBUTION STRATEGIES
Cereal and snacks key to Kellogg’s businesses
Added-value and greater cashflow key strategies at Kellogg
Kellogg teams up with Walt Disney, EBookers and Lonely Planet
Kellogg streamlines global manufacturing and distribution network in 2006
Direct to store delivery key US distribution strategy for Kellogg
Television advertising major component of Kellogg’s brand-building strategy
OWNERSHIP EVENTS
Kellogg acquires a presence in the burgeoning US fruit snacks market
Turkish joint venture illustrates emerging market ambition at Kellogg
Summary 1 Kellogg Co: Key Facts by Value
PERFORMANCE BY REGION AND BY SECTOR
PACKAGED FOOD MARKET ASSESSMENT
Kellogg steers out of troubled waters
Bakery products main sector for Kellogg; breakfast cereals core focus
Cross-branding gives Kellogg leverage in snack bars
Frozen processed food and meal replacement products tertiary sectors for Kellogg
BAKERY PRODUCTS
Competitive landscape
Prospects
SNACK BARS
Competitive landscape
Prospects
MEAL REPLACEMENT PRODUCTS
Competitive landscape
Prospects
FROZEN PROCESSED FOOD
Competitive landscape
Prospects
Table 3 Kellogg Co: World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 4 Kellogg Co: World and Regional Shares in Packaged Food by Sector 2005
BRAND ASSESSMENT
BRAND STRATEGY
Corn Flakes, Rice Krispies and Nutri-Grain brands head-up Kellogg’s packaged food portfolio
Kellogg switches to value-added focus and invests heavily in innovation and advertising
Health and wellness and convenience major themes of portfolio development strategy
Food labelling initiative forms part of wellbeing-led product strategy
Kellogg combines wellbeing with premium and indulgence to reach out to complex consumers
Kellogg hones in on on-the-go market, developing specific convenience-related formats
KEEBLER
Keebler loses leadership in global biscuits as limited geographical reach tells
Kellogg looks to packaging development and organics trend to revitalise Keebler
Tough times ahead in North America for Keebler; global profile set to wilt further?
KELLOGG’S CORN FLAKES
Corn Flakes struggles in key markets but maintains top five global breakfast cereal status
Corn Flakes sees little innovation but 2006 activity suggests tide is turning
Corn Flakes must adapt to major trends in the UK and the US; restrictions on emerging market growth
KELLOGG’S FROSTIES
Frosties top five global cereal but weak health profile pegs back growth
Frosties sees little innovation as Kellogg focuses on healthier brands
Frosties’s main markets to yield little growth; better for you development a must?
KELLOGG’S NUTRI-GRAIN
Nutri-Grain leading global breakfast bar
Special K casting a shadow over Nutri-Grain
Wellbeing-led development for on-the-go orientated Nutri-Grain
Continued innovation key for Nutri-Grain; organic-led development holds potential
KELLOGG’S RICE KRISPIES
Rice Krispies top 15 player in global breakfast cereals and snack bars
Rice Krispies keeps pace in cereals but feels the heat in snack bars
Kellogg reaches out to a number of bases with Rice Krispies new product activity
Core market slowdown makes innovation crucial for Rice Krispies in the short term
Table 5 Kellogg Co: Keebler World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 6 Kellogg Co: Keebler Regional Shares in Packaged Food by Sector 2005
Table 7 Kellogg Co: Kellogg’s Corn Flakes World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 8 Kellogg Co: Kellogg’s Corn Flakes Regional Shares in Packaged Food by Sector 2005
Table 9 Kellogg Co: Kellogg’s Frosties World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 10 Kellogg Co: Kellogg’s Frosties Regional Shares in Packaged Food by Sector 2005
Table 11 Kellogg Co: Kellogg’s Nutri-Grain World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 12 Kellogg Co: Kellogg’s Nutri-Grain Regional Shares in Packaged Food by Sector 2005
Table 13 Kellogg Co: Kellogg’s Rice Krispies World Shares & Rankings in Packaged Food by Sector 2004-2005
Table 14 Kellogg Co: Kellogg’s Rice Krispies Regional Shares in Packaged Food by Sector 2005
APPENDICES
FINANCIAL SUMMARY
Table 15 Kellogg Co: Financial Summary 2002-2006
COMPANY BACKGROUND
Summary 2 Kellogg Co: Historical Development
Summary 3 Kellogg Co: Subsidiaries 2005
Summary 4 Kellogg Co: Packaged Food Brands 2005
Summary 5 Kellogg Co: Company locations
Summary 6 Kellogg Co: Websites