Hormel Meals President and CEO Jim Snee mentioned the corporate’s Jennie-O Turkey Retailer subsidiary is a key a part of the different agrifood corporate’s portfolio, and it is going to best turn out to be extra vital to the corporate and to customers.
“The patron want and the shopper alternative is actual. The house and where … in our portfolio is important. It’s been, is and can proceed to be a very powerful a part of our group” Snee mentioned whilst talking on the Barclays International Client Convention on September 5, in Boston, Massachusetts.
Worth-added alternatives
When requested what the turkey industry brings to the corporate, Snee first discussed the alternatives it offered to expand value-added merchandise.
“After we consider the value-added alternatives in our industry, turkey is entrance and middle within the paintings that we’ve carried out over the years, with lean floor turkey,” Snee mentioned, including that the crew has carried out an “superb task” in construction out the Jennie-O logo via floor turkey inventions.
Turkey’s well being attributes
Snee additionally discussed turkey has a powerful attainable for customers who’re in search of to shed extra pounds, or diabetic customers who’re taking GLP-1 medicines. He described turkey as “very related” with that client set, and that relevance is apt to turn out to be even better.
“Shoppers are going to be fascinated by and desiring … lean resources of protein. Turkey suits that invoice in a large method,” Snee mentioned.
Foodservice call for
Jennie-O Turkey Retailer may be achieving customers on the foodservice stage, and Snee mentioned that truth almost definitely is going left out to many.
“Whether or not we’re fascinated by sandwiches or middle of the plate, turkey performs a key function in our foodservice phase as smartly,” he mentioned. “So simply around the spectrum, turkey is a very powerful protein that’s not going away in our portfolio.”