Hormel Meals President and CEO Jim Snee stated the corporate’s Jennie-O Turkey Retailer subsidiary is a key a part of the diversified agrifood firm’s portfolio, and it’ll solely turn into extra essential to the corporate and to shoppers.
“The patron want and the patron alternative is actual. The house and the place … in our portfolio is important. It has been, is and can proceed to be an essential a part of our group” Snee stated whereas talking on the Barclays World Shopper Convention on September 5, in Boston, Massachusetts.
Worth-added alternatives
When requested what the turkey enterprise brings to the corporate, Snee first talked about the alternatives it offered to develop value-added merchandise.
“After we take into consideration the value-added alternatives in our enterprise, turkey is entrance and middle within the work that we’ve completed over the years, with lean floor turkey,” Snee stated, including that the workforce has completed an “wonderful job” in constructing out the Jennie-O model via floor turkey improvements.
Turkey’s well being attributes
Snee additionally talked about turkey has a powerful potential for shoppers who’re in search of to shed some pounds, or diabetic shoppers who’re taking GLP-1 medicines. He described turkey as “very related” with that shopper set, and that relevance is apt to turn into even higher.
“Customers are going to be fascinated with and needing … lean sources of protein. Turkey suits that invoice in a giant manner,” Snee stated.
Foodservice demand
Jennie-O Turkey Retailer can be reaching shoppers on the foodservice degree, and Snee stated that truth most likely goes unnoticed to many.
“Whether or not we’re fascinated with sandwiches or middle of the plate, turkey performs a key position in our foodservice section as properly,” he stated. “So simply throughout the spectrum, turkey is a crucial protein that’s not going away in our portfolio.”
