Products that include callouts for additional nutritional value, such as “good source of calcium,” or wellness claims like “heart healthy” are likely to resonate with consumers, according to 84.51°.
Gross profit in the Ingredient Solutions segment increased to $12.2 million in the first quarter of fiscal 2023 from $8.1 million a year ago, while sales increased 10% to $30.9 million.
Wing sales at grocery deli/prepared had already been growing, thanks to Americans’ busy schedules and pandemic-related trends in the direction of convenience and prepared foods. Then came inflation, which made demand jump even more.
Pilgrim’s UK, a business unit of Pilgrim’s Pride Corp., plans to produce over 4 million pork products in preparation for the surge of demand this holiday season.