COVID-19 Impact on McCormick and Company, Inc., 2022 Update

COVID-19 Impact on McCormick and Company, Inc., 2022 Update

Summary

COVID-19 Impact on McCormick & Company, Inc., 2022 Update, reports key findings as of 23rd February , 2022 based on market analysis and brand diversification by industry and geography.

McCormick & Company is one of the leading companies in the seasoning, dressings & sauces sector in North America and Asia; and generates most of its revenue from these two regions. The company’s investments in using AI technology towards flavor and product innovations, expanding product portfolio and market reach through acquisitions, and the exploration of new sales and marketing avenues such as D2C, ecommerce, and social media are expected to enhance its future growth prospects.

Scope

• McCormick derived the majority of its brand sales from North America, with the US being the top market.
• McCormick is a food company, that offers the majority of its products in seasonings, dressings & sauces sector.

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