Park Ridge, New Jersey-based PIM Brands Inc. has been named one of the fastest growing consumer packaged goods companies by IRI and Boston Consulting Group based on sales growth, volume growth and share growth nationally.
PIM Brands, one of the “Promotion In Motion” family of companies, was selected as a top 15 growth company among CPGs with sales up to $1 billion.
The company has had strong, widespread growth across diverse trade channels, including grocery, mass merchandisers, club, e-commerce, drug, convenience, food service and special markets.
“We are excited to be recognized for the sixth time in only 10 years among the group of CPG industry leaders and growth drivers,” said Michael G. Rosenberg, president and CEO. “Our talented and passionate team of employees and vendor partners stepped up during 2021 despite supply chain challenges, as best as was possible, to optimize deliveries of our loved brands to retailers and consumers. At PIM, we remain laser focused on the future and in bringing bite after mouth-watering bite of joy to consumers across North America and around the world.”
Helping drive growth was its 2021 national launch of its Welch’s Juicefuls Juice Filled Fruit Snacks which enjoyed strong trial and exceptional repeat. Further innovation to help fuel 2022 company growth includes its new, one-of-a-kind Welch’s Zero Sugar Fruity Bites Snacks.
This is the 10th year of the collaborative study released by IRI and BCG, which uses IRI’s retail consumption data to measure CPG brand growth across a number of retail channels.
Its portfolio includes Welch’s Fruit Snacks, Welch’s Fruit ‘n Yogurt Snacks, Welch’s Fruit Rolls, Welch’s Juicefuls Fruit Snacks, Sun-Maid Chocolate Raisins, Toggi Fine European Chocolate Wafers, Tuxedos Chocolate Almonds, Original Gummi FunMix, Sour Jacks Sour Candies and Nuclear Sqworms Sour Gummi Worms.
PIM’s subsidiaries and affiliates include PIM Brands, PIM Brands Canada, PIM Brands Mexico, Grupo de Alimentación PIM Brands Iberica SL, PIM Brands UK, PIM Brands Hindustani Private Limited, PIM Brands Global, Pharma In Motion and Farmer’s Choice Food Brands.
For additional information, visit pimbrands.com.