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  • 1.Group No. 8 1

2. Table Of Contents1. Introduction2. Industry Highlights3. Popular Brands & Its Products4. Haldiram STP 4Ps SWOT Analysis5. ITC STP 4Ps SWOT Analysis Group No. 8 2 3. Introduction India has become one of the fastest-growing markets for packaged food in theworld. Sales of Packaged Food in India byRegion in 2011:East and Northeast: 21%North: 39%South: 18%West: 22% Indias packaged food industry couldtouch $30 billion by 2015. The most promising sub-sectors includes Beverages, Frozen Foods, NutritionStaples, RTE meals, etc.Group No. 8 3 4. Industry Highlights What are RTE foods Reasons for RTE foods to enter Indian Market Consumer Types Consumer Preferences Growth in the RTE segment OUTLINEGroup No. 8 4 5. Ready To Eat Food Processed Require little/No preparation RTE market - New concept in India Immense potential Fastest growing sectorGroup No. 8 5 6. Reasons For Market PenetrationGlobal IndiansMigrant WorkingNRIsPopulationIndian look for traditional Need for on-the-go productsHome cuisine abroadConvenience is priorityBusy Schedule Less timeImproved standard of livingWestern Influence Dual IncomesUrban More Lifestyle IncomeGroup No. 86 7. Types of Consumers Consumers Needs Consumer PreferencesCONSUMER MARKETGroup No. 8 7 8. Consumer Market TypesGroup No. 8 8 9. Consumer Preferences Good for health Easy To Digest Natural Ingredients Less on Spicesand AdditivesGroup No. 8 9 10. Consumer Preferences Value for Money Smaller Packaging Long Storage Life No Loss of flavor Group No. 8 10 11. Consumer Preferences Tasty Variety of flavors Trendy Packaging Quick Preparation Group No. 8 11 12. Consumer Needs Tasty and Healthy Rapid Cooking Handy Packaging Convenient Group No. 8 12 13. Tata Strategic Management Group (TSMG)Survey: Ready to Eat Food in Metropolitan Cities EstimateMarket for Breakfast-mixes in IndiaGROWTH OF RTE SECTOR Group No. 813 14. Analysis: Tata Strategic Management Group (TSMG) TSMG leading management consultancy firm in South Asia.RTE Market in India 30002900 Factors Contributing to growth 2500 RTE Market inIndia Cold chain development 2000Figures in Crore 1500 Increasing disposable incomes 1000 Diminishing culinary skills 500 1280 Need for convenience on the2006 2015demand sideGroup No. 814 15. Survey: Ready To Eat Food In Metropolitan CitiesResponses from 3000Bachelorsrepresentatives households(10 metros in INDIA)14 Households28 With ChildrenPreferRTE Without Children 72PreferRTE Nuclear Families 86 Working Women Bachelors33 PreferStudy conducted by ASSOCHAM (Jan 2011) RTEAssociated Chambers of Commerce & Industry of India 67Group No. 815 16. Market For Breakfast Mixes In India200820092010 2011 -Figures in CroresGroup No. 8 16 17. Popular Indian ProductsStrategies adopted by Indian PlayersPOPULAR BRANDS & MARKETINGSTRATEGY Group No. 8 17 18. Major PlayersGroup No. 8 18 19. HALDIRAMS Business started : 1937 in Bikaner Brand Value: $4 million Share in organised : 20%market Export : USA(1993) Current Exports: $6 million Group No. 8 19 20. Products Group No. 8 20 21. Distribution Channel Group No. 8 21 22. Market Segmentation DEMOGRAPHIC SEGMENTATIONAGE AND LIFE CYCLE STAGEINCOMEBEHAVIOURISTIC SEGMENTATIONGEOGRAPHIC SEGMENTATION BENEFIT SOUGHT ZONESGroup No. 8 22 23. Target Market WOMENGroup No. 8 23 24. Product PositioningGroup No. 8 24 25. Marketing Mix PRODUCT PLACEGroup No. 8 25 26. Marketing Mix PRICE PROMOTIONGroup No. 8 26 27. Print AdvertisementGroup No. 8 27 28. Social Media AdvertisementGroup No. 8 28 29. Commercial Group No. 8 29 30. SWOT Analysis STRENGTHWEAKNESSESEXCELLENT BRAND AWARENESSMANUFACTURING PROCESS NOT COMPLETELY AUTOMATICTRUST OF CONSUMERINVOLVED ONLY IN INDIANSNACKS PRODUCT VARIETYHIGH MARKET SHARESTRONG DISTRIBUTION CHANNELATTRACTIVE PACKING Group No. 8 30 31. SWOT Analysis OPPORTUNITY THREAT SOUTH INDIAN FOOD SEGMENTINCREASING COMPETITION BAKED SNACKSCHANGE IN CONSUMER TASTESHOME DELIVERY Group No. 8 31 32. ITC ITC was established on August 24, 1910 as Imperial Tobacco Company of India Limited in Kolkata. The name of the Company was changed from Imperial Tobacco Company of India Ltd. to India Tobacco Company Ltd. in 1970 and then to I.T.C. Ltd. in 1974Group No. 8 32 33. Introduction READY TO EAT & SNACKS Kitchen of India brand launched in 2001. Bingo! was launched in March 2007. In July 2003, ITC forayed into the Biscuits market with the Sunfeast range of Glucose, Marie and Cream Biscuits. Group No. 8 33 34. SegmentationGEOGRAPHIC (ITC PRODUCTS ARE AVAILABLEALL OVER THE WORLD) RURALURBANDEMOGRAPHIC ( ITCS PRODUCTS ARE MADEFOR EVERYONE)AGEGENDEROCCUPATIONPSYCBOGRAPHIC ( SUITS ALL LIFESTYLE)LIFESTYLE Group No.8Group No. 8 3434 35. TargetingBetting big on the farm sector, ITC isplanning to increase its penetration inthe rural areas like UttarPradesh, Madhya Pradesh, Rajasthanand Maharashtra to get better returnfor their produce. Group No. 8Group No. 8 3535 36. PositioningIn 70s ITC has positioned itself by saying For the gracious people A touch of goldIt is still differentiating itself on purity andquality of its experience The brand stands for celebratoryattitude, celebrate the feeling is thenew message . Group No. 8 36 37. Product MixGroup No. 8 37 38. Product Mix Driven by 6 brands- Aashirvaad Staples (Wheat flour, Salt, Spices), RTE Sunfeast Biscuits, Noodles & Pasta Bingo! Snack Food Mint-O & Candyman Confectionery Kitchens of India RTE, Premium conserves & chutneysGroup No. 8 38 39. Price Mix KOI Chicken DarbariRs.130Murg MethiRs.130 Paneer Darbari Rs 100Desserts - Rs.100-130 BINGORs.5Rs.10Rs.20Group No. 8 39 40. Place Mix ITC already had a well-establisheddistribution network. Dealers are part of Marketing Team. Attractive incentive linked with highvolume are given to the dealers. E-chouppal Group No. 8 40 41. Promotion Mix Combination of--- Personal selling Advertising Sales Promotion Group No. 8 41 42. Print AdvertisementGroup No. 8 42 43. Social Media AdvertisementGroup No. 8 43 44. Commercial Group No. 8 44 45. SWOT Analysis Established Family Brand Growing package and canned food market in Strong Global Corporate Brand ( NIL ) India by 15% annually. Specialization in food processing categoryHigh brand awareness of Indian consumer marketing and distribution in Urban market Other product category like Biscuits, Chips Presence of other product segments of foodand Ready to Eat Market still unexplored. category : Dairy Products, Chocolate, Infant foods Opportunity to be substitute to other snackscategory of food productsCategory Internationally Single product focused competitors like Generic brand in Indiahaldiram. Low rural market presence constraints Less Entry Barriers in the Market segment for Uniform Brand for all food categoryproduct category Brand Proliferation ITC strong base in Indian Market Substitute Product to Product Segment.competitors with long history in productGroup No. 8 45 46. ITC Haldiram has a simple ITC already had a well-distribution channel.established distribution network. They have started dealing infrozen food. No frozen food Advertisement through word Incurs high advertisementof mouth only. costs. Traditional sweets are present Presence of traditional itemsin there product line. is absent. Group No. 846 47. ITCGroup No. 8 47 48. ITCGroup No. 8 48 49. ITCGroup No. 8 49 50. Arihant JainAkhil KharbandaAbhishek AroraPrerna AggarwalKanika Hans Group No. 8 50