At a time when consumer concern about grocery inflation is at an all-time high, Del Pacifico Seafoods is betting on the value proposition of shrimp. The Downey, California, U.S.A.-based specialist in Mexican shrimp is rolling out a number of new shrimp products.
Shrimp has maintained relatively stable prices throughout the COVID-19 pandemic, presenting a relative value to shoppers and diners concerned about the cost of seafood. On the other hand, the price of crab, lobster, scallops, and some other species have discouraged some buyers and consumers.
“You really can’t beat the value of shrimp. Wild shrimp prices are still below the historical levels from 2014,” Del Pacifico Vice President of Sales Jennifer Barrett told SeafoodSource in an email. “For us, when you take into consideration food safety, quality of natural ingredients, and all of our product’s attributes – chemical-free, sustainable, best fishing practices – shrimp offers a very good value.”