Daily Newsletter

20 September 2023

Daily Newsletter

20 September 2023

Papa Murphy’s rolls out new Monkey Bread products line in US

From 18 September, customers can order Monkey Breads in two flavours –garlic and cinnamon.

Soumya Sharma September 19 2023

US-based take-and-bake pizza company Papa Murphy's has announced the launch of its new product line in the US: Monkey Breads.

From 18 September, all the Papa Murphy’s restaurants across the country will offer the new “pull-apart bread.”

It will be available in two flavours – savoury garlic and sweet cinnamon.

Papa Murphy’s new Garlic Monkey Bread is made using buttery garlic bread bites and is served with a side of marinara sauce for dipping.

The Cinnamon Monkey Bread is a sweet-tasting cinnamon treat served with cream cheese frosting.

Customers can order the new Monkey Bread offering at any of their local Papa Murphy’s locations.

The new bread can also be ordered online for pickup or delivery through Papa Murphy's mobile application or website (papamurphys.com), as well as from other delivery apps in select markets across the US. 

Papa Murphy’s brand and innovation vice-president Tracey Ayres said: “These shareable bread bites are the best way to bring everyone together at the meal time.

“Our sweet and savoury Monkey Breads are a perfect addition to any meal. Make them a side or even a dessert – they are sure to make your next at home meal memorable.”

Papa Murphy’s International, franchisor and operator of the Take 'n' Bake pizza brand in the US, offers a wide range of fresh pizzas, salads, sides and desserts.

Papa Murphy's Take ‘n’ Bake pizzas are made to order daily. The company also provides exceptional services at more than 1,133 franchised and corporate locations in the US, Canada and the United Arab Emirates (UAE).

In 2019, all of Papa Murphy’s issued and outstanding shares were acquired by Canada-based restaurant franchisor and operator MTY Food Group in a $190m deal.

Full-service restaurant (FSR) was the largest profit sector channel in Germany in 2022

Per GlobalData, the Germany foodservice profit sector is expected to grow at a CAGR of >11% during 2022-2027. FSR was the largest foodservice profit sector channel in 2022, with a share of 26.5%, reflecting the popularity of traditional fine-dining experiences among German consumers. Despite the highly fragmented market, pub, club & bar channel is set to record the highest growth during 2022–27, triggered by an increase in transactions and average transaction value.

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