Yes and no. They did have some supply chain issues but those subsided quite a while ago yet they kept the rate of price increases up padding their margins because people expected inflation (aka price gouging). Right now though food prices are rising below the rate of general inflation. That said, I could certainly see prices dropping a bit since they did rise way above inflation for a while. That likely made the industry much more attractive to enter which likely means people having to sell off their shit after price increases returned to normal.
That would require fair market representation in grocery stores. Most of the time, small brands don’t last long in the market before being bought out by one of the big 12.
Yes and no. They did have some supply chain issues but those subsided quite a while ago yet they kept the rate of price increases up padding their margins because people expected inflation (aka price gouging). Right now though food prices are rising below the rate of general inflation. That said, I could certainly see prices dropping a bit since they did rise way above inflation for a while. That likely made the industry much more attractive to enter which likely means people having to sell off their shit after price increases returned to normal.
That would require fair market representation in grocery stores. Most of the time, small brands don’t last long in the market before being bought out by one of the big 12.
https://eatamericano.com/blogs/thoughts-from-the-peanut-gallery/10-food-companies-own-almost-every-grocery-store-item-you-buy