News
Spam sales boom as budget-conscious shoppers embrace canned meat
Facing economic uncertainty and rising grocery costs, consumers are buying more Spam. Hormel Foods reports record net sales for the canned meat product in nine of the last ten years.
Spam, a canned meat product, is seeing increased sales as shoppers seek affordable food options. According to Hormel Foods, global economic challenges are leading consumers to rediscover the product. A Hormel spokesperson stated that Spam has achieved record net sales in nine of the last ten years domestically. The spokesperson added that new flavours and the brand's kitchen accessibility are connecting with consumers. Spam was introduced on July 5, 1937, during the Great Depression. It gained popularity during World War II as a stable protein source for soldiers and was also consumed in the United Kingdom during wartime rationing when British Prime Minister Margaret Thatcher called it a "wartime delicacy."
Key Facts
- Spam is made from pork and ham, salt, water, sugar, and preservatives.
- A can of Spam costs just over $4 at Walmart and other chain stores.
- Hormel Foods says Spam sales are booming.
- Spam was introduced in 1937 during the Great Depression.
- Spam gained popularity during World War II.
- Spam is being used in fried dishes, sandwiches, and rice.
Primary Source
Research Sources
- New York Post — Spam makes a comeback, as pinched shoppers embrace the cheap canned meat