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would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. For the first-time ever, the household staple is going plant-based with a new version of the boxed favorite that contains a dairy-free alternative to its signature cheese. It’s called “Kraft NotMac&Cheese” and will soon roll out on grocery store shelves in two flavors — original and white cheddar with shells — each priced at $3.49 per box.

Kraftpartnered with NotCo., a company that makes plant-based foods, to create the new mac and cheese alternative, which is in response the growing hunger for “better-for-you” products from American consumers.

would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The company is joining a growing trend: Plant-based product sales surged 19% last year to $11 billion, according to research firm NIQ.

But there’s a risk for Kraft, too: Customers who have tried dairy-free alternatives sometimes don’t like the taste – and they often don’t give brands a second chance.

“Curiosity is a major factor in trying plant-based foods and beverages,” Sherry Frey, vice president of Total Wellness at NIQ, told 【 - Free Access to Investors Club 】. “Those who tried animal product alternatives once or twice but did not continue said taste was the biggest reason. This was highest for the dairy milk alternatives.”

Consumers continue to show interest in dairy-free alternatives, and NIQ anticipates the category will continue to grow.

“In order to keep them repeating their purchases, it will be imperative the products deliver on taste,” Frey told 【 - Free Access to Investors Club 】.

In a press release, Kraft said that less than 30% of consumers end up becoming repeat purchasers of similar plant-based mac and cheese products because “taste and texture remain their largest pain points.” However, the company believes that the “iconic” Kraft Mac & Cheese brand will “address consumers’ plant-based preferences and evolving needs” with its creamy texture that buyers are familiar with.

would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The vegan cheese sauce is made with fava bean protein and coconut oil powder, creating a sauce that has a “similar taste, look and feel to dairy-based mac and cheese,” the company told 【 - Free Access to Investors Club 】.

would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The 85-year-old brand faces more competition than ever from younger companies that bill themselves as healthier alternatives.Goodles, for example, is a Gal Gadot-backed startup that sells boxed pasta with more protein and fiber at a higher price that also has a plant-based mac and cheese in its portfolio. Banza, Daiya and Annie’s also make similar products.

would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The Kraft Heinz Company (KHC) has also found itself at acrossroads amid changing consumer tastes for processed foods. It has been examining and revamping its portfolio of foods in an effort to increase the company’s net sales by $2 billion through 2027.

In particular, theKraft brand recently rolled out a makeover of itsKraft Singles cheesesthat emphasizes the cheese doesn’t have artificial flavors, colors or preservatives. The new packaging also includes a new graphic that says, “made with real dairy.”

Last year, Kraft alsotweakedthe name of its boxed macaroni and cheese to “Kraft Mac & Cheese,” which is “meant to reflect the way fans organically talk about the brand.” The packaging also got a makeover with a refreshed logo and a single-hue blue box color that “amplifies the brand’s most recognizable asset — the noodle smile.”

would you accumulate or wait on sical logistics limited (520086) ✌️【Career Counseling】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Investors Club 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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