SRS 2018 Joao Freitas

Boosting Health through Food João Freitas Meal Solutions Operations Director Pingo Doce 1 2 UNDERSTANDING THE LANDS...

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Boosting Health through Food João Freitas Meal Solutions Operations Director Pingo Doce

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UNDERSTANDING THE LANDSCAPE Portuguese consumers’ lifestyles and economic spending have been changing in the past years: \ Tight budgets \ Time is the scarcest resource: no time to cook! _ Full-time jobs: ~43 average weekly hours in Portugal (one hour behind excessive hours) _ Average ~29 hours commuting yearly \ At the same time: valuation of personal and family time

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Eursostat, 2016

Proportional mortality

WHY SHOULD WE CARE?

29% CARDIOVASCULAR DISEASES

DIABETES 3,600 DEATHS

+144% EXCESSIVE SALT INTAKE ADULTS AGED 20+

>25,000 DEATHS

Consumer’s lifestyles might also have repercussions over health in the short, medium and long-term.

32%

As food retailers with over 650,000 daily costumers in Portugal, we know we can have a positive effect on consumers health.

23% 9%

Portugal data, World Health Organization, 2016

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9% CHILDREN OBESITY AGED 10-19

RAISED BLOOD PRESSURE ADULTS AGED 18+

OBESITY, ADULTS AGED 18+

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WHY SHOULD WE CARE? Top-5 attributes that have recently influenced product purchase decisions: \ Price \ Taste \ All-natural ingredients \ Promotions \ Added health benefits (protein, fiber, vitamins)

Nielsen, Think Smaller for Big Growth - How to thrive in the5 new retail landscape, 2016

OUR APPROACH TO FOOD BUSINESS Investment in 3 Central kitchens and 1 Fresh Dough factory to supply: _ In-store Restaurants _ Take-away offer

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Goals: \ Offer typical Portuguese and “homey” meals at affordable prices \ Develop recipes based on the Mediterranean Diet: fresh products, monounsaturated fat, importance of soup \ Make available home-made food in large scale

>50,000 t

KITCHEN WORKERS

KITCHENS PRODUCTION SINCE 2013

63% INCREASE

36 CHEFS AND COOKS

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OUR APPROACH TO FOOD BUSINESS

11,000 AVERAGE DAILY MEALS SERVED 2017

Aligned with the Group’s Nutritional and Product Development Guidelines: _ No preservatives or colorants added

_ Natural and fresh ingredients _Reformulations for continuous improvement

670kg FAT REMOVED

4.3 TONNES SALT REMOVED

10 TONNES SUGAR REMOVED

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OUR INNOVATIONS

76% SOUP PRODUCTION INCREASE SINCE 2013

12 SOUP VARIETIES POTATO-FREE | SALT FREE LAST 3 YEARS

77% SALT-FREE SOUP PRODUCTION INCREASE SINCE 2016

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CLEAN LABELS EASY TO IDENTIFY NO ADDED COLOURANTS NO PRESERVATIVES

VEGETARIAN OPTIONS VEGETABLES “REVUELTO” 9

CONSUMER ENGAGEMENT VISIT OUR KITCHENS! BUILDING TRUST THROUGH TRANSPARENCY

FREE CONTENTS RECIPES AT PINGO DOCE SITE FOR FREE 10

150,000 COPIES HEALTHY RECIPES, COOKING TECHNIQUES, SURPLUS REUSE

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+351 21 753 20 00

www.jeronimomatins.pt 13