COLUMBUS® Craft Meats Expands Deli Portfolio with First Standalone Pepperoni Product
Rhea-AI Summary
Hormel Foods (NYSE:HRL) has announced that its COLUMBUS® Craft Meats brand is launching its first standalone pepperoni deli product, COLUMBUS® Uncured Pepperoni. The launch comes as the deli pepperoni category shows strong growth with $108 million in retail sales and a 5.5% year-over-year increase.
The new product is crafted with whole cuts of hand-trimmed pork and seasoned with cracked fennel and paprika, featuring a bold, spicy, and smoky flavor profile. The uncured pepperoni is slow-aged, contains no added nitrates or nitrites (except those naturally occurring in celery juice powder and sea salt), and is gluten-free with no MSG or trans fats.
The product is being launched at select retailers nationwide with a suggested retail price of $5.69 for a 4-ounce tray. According to market research, nearly 70% of consumers are seeking new flavors and sizes in deli pepperoni, indicating strong market potential for this product launch.
Positive
- Deli pepperoni category shows strong growth with $108 million in retail sales and 5.5% YOY increase
- Market research indicates high consumer demand with 70% seeking new flavors and sizes
- Wide retail distribution secured across major national chains
- Premium positioning with quality ingredients and traditional preparation methods
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HRL gained 1.49%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New uncured pepperoni developed in response to consumer demand for premium, versatile deli meats
"The deli pepperoni category has seen significant growth, with
With a medium diameter and a slice thickness that balances flavor and texture, this pepperoni is ideal for a variety of uses beyond pizza. It contains no added nitrates or nitrites, except those naturally occurring in celery juice powder and sea salt. It is gluten-free and contains no MSG or trans fats.
"We saw an opportunity to deliver a pepperoni that fits seamlessly into everyday eating occasions, from sandwiches to school lunches, or just to snack on," said Evan Inada, charcuterie director for the
*Toluna, Sliced Pepperoni Custom Research, September 2024
About
Founded in 1917 by Italian immigrants in
About Hormel Foods — Inspired People. Inspired Food.™
Hormel Foods Corporation, based in
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SOURCE Columbus Craft Meats