Hormel Foods’ Spam was introduced to consumers in 1937. American soldiers soon brought the canned luncheon meat around the world, delivering it to people in war-torn countries facing food shortages.
But times have changed since Spam was introduced more than 80 years ago. Shifting consumer tastes and competition from new brands has made packaged food products a competitive market. Some legacy brands are feeling the squeeze as consumers pick less processed food.
Yet for fiscal 2019, Hormel reported that Spam had its fifth consecutive year of record sales.