Udi's Healthy Foods Explained

Type:Subsidiary
Industry:Gluten-free food
Founder:Udi Baron
Hq Location:Denver, Colorado, U.S.
Products:Bagels, English muffins, bread, buns, lasagna, baguettes, granola, muffins, pizza
Owner:Conagra Brands

Udi's Healthy Foods is a brand of gluten-free food owned by Conagra Brands.

History

Udi's started as a group of cafes in Denver, Colorado, owned by Udi Baron. Baron's first cafe was called Udi the Sandwich Man, which opened in 1994. In 2008, Baron teamed with a gluten-free baker and started producing gluten free products. The pair focused on the 10% of Americans that are either gluten intolerant or have celiac disease, knowing that typical gluten-free products on the market "tasted terrible". The market was worth $1.6 billion at the time. Retailers initially rejected gluten-free products, seeing them as a "fad"; the market has since grown to $4.2 billion annually.

Sales of Udi's reached $60 million in 2012, and the brand was purchased by Boulder Brands for $125 million in 2013.[1] [2] Some locations of Smashburger first offered the Udi's gluten-free bun. In 2016 Pinnacle Foods purchased Boulder Brands. Two years later, Conagra Brands bought Pinnacle Foods in order to expand their frozen foods line.[3] Conagra Brands is the current owner of the Udi's product line. It supplies Udi's brand products to many grocery stores and restaurants.

Notes and References

  1. News: Gross. Dan. Pivoting, Consumer Products Style. 30 June 2013. Forbes. 25 June 2013.
  2. News: Ajit Thomas. Maria. Boulder Brands bets on gluten-free foods to spur sales. Reuters. 21 June 2013.
  3. News: Naidu . Richa . Venugopal . Aishwarya . Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse . Reuters . 27 June 2018 . Reuters . 8 December 2022.