ADDRESSING TODAY’S CHALLENGES
Total Package Price
Price Per Pound
Appearance
Product
Quality
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How Consumers Determine Value
Waste Management
Labor & Raw Material Costs
Transportation Costs
Profitability Management
Changes in Consumer
Shopping Behavior
KEMIN SOLUTIONS
Food Safety
Quality & Yield
Enhancement
THE CHALLENGES
AND THRIVE WITH KEMIN
RISE ABOVE
Inflation
Kemin's expertise in delivering color, safety, flavor and yield enhancement solutions can help support your bottom line so you thrive—not just survive—in today’s challenging market.
A recent study on meat consumption patterns shows consumers are increasingly focused on value when making purchasing decisions.
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CHALLENGE:
CHANGES IN CONSUMER
SHOPPING BEHAVIOR
Inflation is the #1 concern for 3 out of 4 adults.
43%
Color & Flavor Protection
72%
1/3
color
saving more money
2
changed retail meat purchases, opting for value
1
rely on color
to determine freshness
3
2
How Kemin
Can Help
By supporting your bottom line with solutions that signal freshness, with a pleasing appearance:
Our FORTIUM®products can:
Improve color, flavor and shelf life of frozen pork sausage:
up to 6 months
4
up to 28%
5
Increase shelf life of ground beef:
Kemin Ingredient Solutions FOR
CHANGES IN CONSUMER SHOPPING BEHAVIOR:
Color & Flavor Protection
PROFITABILITY
MANAGEMENT
Meat and poultry manufacturers are facing numerous challenges that require careful management to maintain profitability, including:
looking at cost/unit size to assess value
2
Transportation Costs
Labor
Costs
Raw Material Costs
The rise in the producer price index for processed meat and poultry items in early 2023 is expected to translate into higher prices for consumers.
How Kemin
Can Help
CHALLENGE:
TRANSPORTATION COSTS
Rising fuel prices are hiking transportation costs, a significant portion of a company's logistics spending.
Total number of
shipments
Transportation costs through shipment consolidation
The amount of ingredients needed for treatment through various product concentration offerings
Kemin is one of the only ingredient suppliers with a range of antioxidants, antimicrobials and yield enhancement products. By sourcing these ingredients from Kemin,
you can lower overall costs by reducing:
Kemin Ingredient Solutions FOR
MANUFACTURER COSTS & TRANSPORTATION COSTS:
Quality & Yield
Enhancement
Color & Flavor
Protection
Food Safety
CHALLENGE:
LABOR &
Increased costs and limited availability in certain raw materials has led to an increase in overall formulation cost. In addition, the industry continues to struggle to find, hire and retain enough workers, often times leading to increased wages.
formulation COST
How Kemin
Can Help
By offering Proteus®functional proteins, designed to help increase yield and plant throughput. Our functional proteins can help improve the efficiency of the production process, leading to:
33.7%
median wage increase
2019 – 2022
4.5 - 7.0%
meat price increase
due to higher wages
*per pound of product produced
Our Proteus product can:
Help to reduce overall formulation costs by allowing a 5-10% meat block replacement while providing increased yields and retaining a natural texture and bite.
12 -
13%
more finished product than untreated and phosphate-treated
pork loin
Proteus Yields Profitability
19%
reduced cook time
for injected
massaged chicken breasts compared to untreated
Kemin Ingredient Solutions FOR
LABOR & Formulation Cost:
Quality & Yield Enhancement
CHALLENGE:
WASTE MANAGEMENT
The U.S. meat & poultry industry’s period of widespread profitability over the past 3 years is expected to come to an end in 2023, due to high feed costs, increasing labor and energy costs, and more.
How Kemin
Can Help
By focusing on reducing waste from the grocer's side using our antioxidant and antimicrobial products, shown to extend the shelf life of food products by up to 100% —so less food goes to waste.
higher yields and reduced
labor costs*
Longer Shelf Life = Less Waste
Our BactoCEASE products can
Improve shelf life of uncured turkey deli meat up to 10 weeks
Kemin Ingredient Solutions FOR
WASTE MANAGEMENT:
Food Safety
Color & Flavor
Protection
Waste Management
Longer Shelf Life =
Less Waste
Kemin Ingredient Solutions
Quality & Yield Enhancement
Proteus Functional Proteins
InnoBLQ Fat Block
Color & Flavor Protection
FORTIUM R: Rosemary
FORTIUM RGT: Rosemary + Green Tea Blend
FORTIUM A: Acerola
NaturFORT ARGT: Acerola + Rosemary + Green Tea Blend
Food Safety
BactoCEASE NV: Buffered Vinegar
BactoCEASE : Propionic Acid
UNPARALLELED TECHNICAL
EXPERTISE IN MEAT & POULTRY
At Kemin, we leverage our team’s expertise and innovation to create a legacy of innovative meat and poultry products with world-class quality. By meeting challenges together with our clients, Kemin offers effective solutions for color, flavor, microbial and yield concerns.
Shaffer, E. (2022, April 12). Power of meat study shows consumers shifting purchasing patterns.
Food Business News, https://www.foodbusinessnews.net/articles/21100-meat-study-shows-consumers-shifting-purchasing-patterns.
State of Retail & eCommerce, Mintel, U.S., 2023
Acerola Extract Market – Global Forecast to 2026, MarketsandMarkets 2022.
TL-18-00070
INF-2015-00001
Federal Reserve Bank of St. Louis. (n.d.). Release tables: Table 5. Producer price indexes for selected commodity groupings of intermediate demand by commodity type category. FRED, https://fred.stlouisfed.org/release/tables?rid=46&eid=117937.
Murray, M. (2019, July 29). How to reduce supply chain transportation logistics costs. LiveAbout. https://www.liveabout.com/reducing-transportation-costs-2221049
American Immigration Council. (2022, July 19). Tending to America's food supply: The essential role of immigrants in America's meat and dairy industries. American Immigration Council, from https://www.americanimmigrationcouncil.org/research/tending- americas-food-supply- meat-dairy-industries.
TL-21-19299
TD-21-6997
TD-21-7012
Shike, J. (2023, January 2). Meat and poultry production to slow despite 2022's robust profits, Cobank says. Pork Business, https://www.porkbusiness.com/news/industry/meat-and-poultry- production-slow-despite-2022s-robust-profits-cobank-says.
TL-17-00030
TL-18-00070
For more information visit kemin.com/foods or call 800.777.8307
kemin.com
© Kemin Industries, Inc. and its group of companies, 2023. All rights reserved.
Trademarks of Kemin Industries, Inc., U.S.A.
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SOURCES
kemin.com
value
you can lower overall costs by reducing:
ADDRESSING
How Kemin
Can Help
How Kemin
Can Help
How Kemin
Can Help
Price Per Pound