3 Trending Food Maker Stock Buys Showing Gains

[Investing Insights Daily]( December 28th, 2023 SPONSOR [PROOF: New One Ticker (Weekly) Payouts]( A multimillionaire stock trader's research explains how focusing on just one ticker every week has generated payouts up to a rare 2,614% in under 11 days... AND he's brought proof to show the world! [SEE THE PROOF]( [3 Trending Food Maker Stock Buys Showing Gains]( Over the past year, Americans have witnessed their wallets becoming leaner due to rampant inflation. However, inflation has fallen significantly from last year’s peak and is expected to reach the Fed’s long-term target, thereby benefiting the food makers industry. Moreover, the use of technology, changing consumer preferences, expansion into new territories, innovations and investments in R&D are expected to drive the industry’s growth. Therefore, it could be prudent to buy fundamentally strong food maker stocks: John B. Sanfilippo & Son, Inc. ([JBSS]( – [Get Rating]( HF Foods Group Inc. ([HFFG]( – [Get Rating]( and Ingredion Incorporated ([INGR]( – [Get Rating](. Before diving deeper into the fundamentals of these stocks, let’s discuss what’s shaping the industry’s prospects. The food manufacturing industry involves transforming raw food into food products for consumption. The sector manufactures and processes foods like meats, seafood, dairy products, fruits and vegetables, baked goods, candy, grains and oilseeds, beverages, etc. The fortunes of the food manufacturing industry rest largely on food consumption. The U.S. dairy consumption stood at [653 pounds in 2022]( 63 pounds above the historical average, while cheese consumption was at an all-time high last year. Similarly, an average U.S. resident [consumes 224.6 pounds]( of meat every year, and is expected to remain strong. Apart from rising food consumption, factors such as the surge in e-commerce, rising demand for healthier food options, population growth, use of automation, use of technologies like artificial intelligence and IoT, expansion into international markets, cost saving through the use of sustainable packaging and manufacturing procedures, and product innovation and development are all boosting the industry’s growth. Additionally, evolving lifestyles and the increasing popularity of plant-based and organic foods are contributing to the sector’s expansion. The U.S. packaged food market is expected to grow at a [CAGR of 4.8%]( to reach $1.59 trillion by 2030. Moreover, the global food market is anticipated to grow at a [CAGR of 6.7%]( between 2023 and 2028. Considering these conducive trends, let’s delve deeper into the fundamentals of the three best [Food Makers]( stocks, starting with the third choice… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019