In their search for value, consumers continue to buy more thighs and drumsticks, according to Tom Super, spokesperson for the National Chicken Council.
For 2024, as the availability of bacon rose and pricing leveled off to what consumers are willing to pay, retailers have begun promoting it and consumers are responding by purchasing bacon at or above prior levels.
Royal Steensma specializes in fat-based coatings (Souplesse), almond and confectionery pastes, baking mixes, fruit fillings, and infused and candied fruits and decorations.
Protein companies, including Tyson Foods, Inc., Hormel Foods Corp., and Pilgrim’s Pride Corp., who export to Asia, may be impacted adversely, as could Latin American protein companies such as JBS, Marfrig and Minerva Foods.