Del Monte witnesses 2-fold jump in sales of sauces, pasta during lockdown

FieldFresh Foods, which sells Del Monte brand of premium packaged food and juices, has witnessed a sharp increase of 80-200 per cent in sales of products

Del Monte witnesses 2-fold jump in sales of sauces, pasta during lockdown
Press Trust of India New Delhi
3 min read Last Updated : Aug 16 2020 | 4:45 PM IST

FieldFresh Foods, which sells Del Monte brand of premium packaged food and juices, has witnessed a sharp increase of 80-200 per cent in sales of products like pasta, olive oil, sauces, as home cooking and baking activities went up during the coronavirus-induced lockdown, said a company official.

The in house consumption' has gained relevance during the pandemic and Del Monte product range such as pasta, olive oil has doubled and registered volume growth between April-July as the company augmented its retail distribution network through e-commerce and new-age distribution channels to deliver the products at consumers' reach.

However, Del Monte's out of the home channel, which caters institutional customers as QSR's, restaurants, hotels, cafes etc and contributed equally in its business, has been disrupted post-pandemic, said FieldFresh Foods CEO Yogesh Bellani.

Now FieldFresh Foods Private, a joint venture between Bharti Enterprises and Del Monte Pacific, is strengthening its B2C business, going deeper into distribution, expanding its network in metro towns to accelerate in-home consumption.

Besides, it is also trying to tap the growing relevance of the category in the smaller tier II & III towns.

In one side of our business, we are really seeing momentum. If you look at retail, in the condiment category, the ketchup category, Mayonnaise as a category, Pasta are growing massively. Pasta has doubled, our ketchup condiments are in very high percentage. A great growth is happening on the retail side,'' Bellani told PTI.

He further said, If you look at my pasta and condiment business, both of them has virtually doubled. In the condiment space, products like pasta sauces, Chinese sauces led to heavy growth. It is between 80-200 per cent growth and it is growing.

Del Monte has reported growth across category in April-July period, whether its dry fruits, condiments, ketchup and spreads as Mayonnaise as a category or even the Italian bread, pasta sauces, olive oils, Chinese sauces, Bellani added.

All of them are showing tremendous traction at the moment, he said adding Because indulgence of out of home consumption is out and the only indulgence or the mood enhancer is cooking. So, people are doing a lot of cooking and experiment. We have seen so much of growth in our packaged fruits and we see tremendous traction for that.

The company has tied up with Swiggy, Zomato to deliver the products at consumer's doorsteps. It is expanding through traditional kirana stores to online and direct to consumer channels.

We had realised very earlier in the lockdown that you have to solve for the consumer, to reach the consumer. If the consumer was not getting service, then you are losing business. Now, you could either go to the distributor to the retailer but if the distributor is not working under the lockdown, then you must find an alternate way to the retailer, said Bellani.

The company has declined to share its turnover but said FieldFresh Foods will introduce more products and categories to carry forward the growth momentum.

It has recently launched product in the health and wellness space. It also has plans to add more products into its Chinese range, ketchup at different price point targeting.

Moreover, the company would continue to invest in the expansion of its manufacturing capacity, however, Bellani declined to share the numbers.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Del Monte

First Published: Aug 16 2020 | 4:35 PM IST

Next Story