Mint Explainer | Why Big Food is cutting back: Slow growth, new health trends, and GLP-1 drugs push giants to exit

“Global FMCGs are actively reallocating capital from low-growth, promotion-heavy categories to structurally higher growth and higher-margin segments such as health, beauty and pet care, improving both return on invested capital and valuation multiples,” said Akshat Gupta, Director, Food and Agriculture, Praxis Global Alliance. “Portfolio simplification is a key driver, as reducing SKU (stock keeping unit) complexity and non-core geographies allows companies to improve execution speed and organizational focus.”