Akoya has identified a Consumer Food sector strategy that capitalizes on key societal trends and select product categories that are well positioned relative to these key trends. We have chosen to focus on product categories that meet the following criteria:
- The product category benefits from several of the key societal trends
- The category size is sufficiently large (>$500 MM) to provide growth opportunities
- The market share structure of the category represents an attractive scenario with the #1 brand share at The selected company or business is not marketing intensive, but rather focuses primarily on private label and/or foodservice business
- Company gross margins are 40-50%, or can reach that range within 1 year
- Existing capacity is sufficient to support at least two to three years of growth
Target Segments for Consumer Foods
- Ethnic Foods
- Food Ingredients
- Frozen/Refrigerated
- Healthy Snacks
- Natural/Better For You
- Prepared Foods
