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Penetrating the vegetarian market David Hoffman dissects Dunkin to penetrate the health market

Open the idea David Hoffman, CEO of Dunkin USA, stated that Dunkin is preparing to lead “Plant protein” is now available in a variety of breakfast menus that go beyond donuts and sandwiches. The idea is an adaptation of other fast food chains that have turned to meatless menus. but with plant protein as a predominant ingredient

From the image that the world often sees that Dunkin sells the main products are coffee and donuts. Today, the U.S. retail chain has carpeted its breakfast packs, sandwiches and wrap menus in a strategy that focuses on cheaper than its competitors. It began with easy-to-remember single-price set menus such as $2, $4, or $5. Interestingly, Dunkin’s CEO David Hoffmann had the idea that the company should add more Dunkin’s breakfast menu options, hopefully soon. Today there will be a menu of plant proteins added.

studying

Hoffmann revealed the company’s new progress via CNBC, saying the trend in selling plant-based protein food menus is happening because brands are all heading to creating. “A better option for you.” This healthy menu idea led Dunkin to study the production of plant-based proteins. To move forward like other fast food businesses

Dunkin’s breakfast menu now includes a sausage, egg, cheese sandwich and bacon omelette wrap. Egg White Vegetable Sandwich including other egg whites

Although Hoffmann did not provide further details about the cuts in meat or egg production But Hoffmann’s announcement reflects that the plant-based food production market is growing rapidly in the United States. In 2018, retail sales in the market rose more than 20% to $3.7 billion, driven by merchandise. Mainly plant-based meat or plant-based meat

What Hoffmann looked at was an insertion into the vegan burger market. The main rising star in the industry is Impossible Foods, which produces over £500,000 a month of Impossible Burgers to serve through more than 5,000 restaurants. Brands like Beyond Meat have seen a 70 percent increase in sales of their meat-free burgers and sausages. % as a result of three times the production capacity to serve more than 35,000 restaurants, grocery stores, universities, hotels and stadiums.

It’s unclear whether Hoffmann will choose to partner with Impossible Foods or Beyond Meat, with the two companies vying for market share. through collaborations with various food chains Last month, Beyond Meat partnered with Carl’s Jr. and Del Taco to become the first major Mexican fast food chain to sell artificial beef tacos. The big boss who clearly drives the vegetarian burger market.

experience

David Hoffmann took over at Dunkin in 2018, following Nigel Travis, who held Dunkin for nearly 10 years. Hoffmann’s standout experience is his 22-year career as a McDonald’s executive at the time, according to Bloomberg. Hoffmann earns a starting salary of $900,000 per year. Along with an extra share of further sales, including approximately $1.5 million worth of Dunkin shares.

Hoffmann reiterated that he didn’t plan to radically rebrand Dunkin, but the many changes made to Dunkin over the past year have placed Hoffmann at the center of putting Dunkin in line with its three-year growth strategy. Dunkin takes the lead in the affordable coffee and espresso market. At the same time, it has shifted from “fried donuts” to a healthy menu that will not only contain espresso. But there are also teas or other plant-based beverages, which Dunkin hopes will provide a good experience at an affordable price.

Under Hoffmann’s management, fast food chain Dunkin opened 313 new stores in the United States in 2017. In 2018, the company added 275 stores in Dan Lung Sam. Today, it has more than 9,000 stores in the United States and more. 12,500 locations worldwide.

Source: : FastCompany

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