Market Research Report - 235842
Consumer Trends in the Seasonings, Dressings & Sauces Market in India
|Published||Content info||54 Pages|
|Consumer Trends in the Seasonings, Dressings & Sauces Market in India|
|Published: April 5, 2012||Content info: 54 Pages||
Why was the report written?
Marketers in the Seasonings, Dressings & Sauces market in India face a major challenge. Understanding market size and segmentation is valuable, but the keys to effective targeting are to know just how valuable specific consumer groups are, and to be able to quantify the impact of consumer trends.This report solves these problems by providing integrated data on consumer trends, consumer groups and market data which show exactly the size of consumer groups, how much of the Seasonings, Dressings & Sauces market they account for and which consumer trends drive their behavior.
What is the current market landscape and what is changing?
As India undergoes rapid development and population dynamics start to take effect, being able to capitalize early on the new emerging consumer behaviors will be fundamental to future growth. This makes early identification of the consumer groups and trends driving market behavior essential.
What are the key drivers behind recent market changes?
Consumers' uptake of products and the influence of consumer trends are fundamental causes of change in markets - making knowing what these trends are and the extent of their influence crucial.The survey-based data provided in this report examines over 20 consumer trends that affect the market and examines the share of sales across 26 consumer groups - providing through the data a detailed insight into exactly who the consumer is and just how much impact the latest consumer trends are having.
What makes this report unique and essential to read?
The data provided is unique in the market as it tracks consumer behavior through to its actual value impact on a product market. This provides readers with a unique data analysis of the market allowing marketing tactics and strategy to be updated in line with the very latest consumer behaviors.
Consumer survey data for the following specific categories: Chutneys & Relishes, Condiments, Dressings and Herbs, Spices & Seasonings.
Detailed consumer segmentation based on survey data covering over 26 consumer groups, 20 consumer trends and consumption frequency for each product category.
Volume shares in 2011 for brands and private label sales tracked by the survey.
Unique proprietary data that sizes and segments consumers, tracks their behavior and shows the impact of this on their markets
Results also cover over 20 consumer trends, showing exactly to what extent these trends have a direct influence on a market. As this impact assessment is based not only on how many consumers act on these trends, but also how often they act on this it provides unique insight into the "size of the prize" when targeting these consumer trends in each category covered.
All age groups in India represent a proportion of the Seasonings, Dressings & Sauces market that relates to their share of the population. This indicates that all age groups are important for marketers to consider. However, the largest group, due to its share of the population, is the Kids & Babies group.
Not only do a large proportion of Indian consumers highlight that specific consumer trends have an influence on their consumption, this translates into a significant proportion of actual value being directly influenced as well. Consumers are therefore acting on these trends enough to ensure that targeting them, in the right categories, is essential to success.
Private Label products have only small shares of all Seasonings, Dressings & Sauces categories in India. However, the concept of Private Label branding is relatively new and there is room for growth as there national brands with small shares in these categories also. Marketers of these national brands need to ensure that they differentiate their products enough to prevent becoming targets for this potential Private Label competition.