Streaming issues? Report here
Refilwe Moloto 2019 1500 BW Refilwe Moloto 2019 1500 BW
Breakfast with Refilwe Moloto
06:00 - 09:00
volume_up
volume_mute

Up Next: The Morning Review with Lester Kiewit
See full line-up
Breakfast with Refilwe Moloto
06:00 - 09:00
Home
arrow_forward
Lifestyle
fiber_manual_record
Business

How UCook finds ways to keep meal kits affordable as meat and pasta prices soar

26 May 2022 10:17 AM
Tags:
Food inflation
Red meat
food price hikes
meal kits

Refilwe Moloto speaks to UCook Co-CEO Peter Allerstorfer to find out how food inflation is impacting on their meal kit service. 
  • Food inflation is impacting food start-up companies
  • Red meat and pasta has risen in price
  • UCook finds alternative and more affordable ingredients

Consumers are buckling under the weight of food inflation, compounded by skyrocketing fuel prices. This has also added pressure on food start-up companies, which source raw ingredients for their meals.

UCook, for example, has attempted to keep its prices consistent. UCook provides healthy, convenient meals and meal-kits for those who don't have time to slave away in the kitchen.

The company's co-CEO, Peter Allerstorfer, says food inflation has been driven by the costs of food production up north. In particular, red meat and pasta produce have soared in price.

A big part of what drives the cost is the protein portion of the meal. With red meat, we've seen price increases of about 20% to 30%.

Peter Allerstorfer, UCook Co-CEO

To shield their customers from high prices, UCook has sought to find other sources of protein that are more affordable.

Increases in prices is really a last resort for us.

Peter Allerstorfer, UCook Co-CEO

To listen to the podcast, scroll up.




26 May 2022 10:17 AM
Tags:
Food inflation
Red meat
food price hikes
meal kits

More from Lifestyle

More from Business