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Research on Juices Prepared by Group 3 Group 4 DATA ANALYSIS

Market Research on Fruit Juice Segment in Kolkata

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Page 1: Market Research on Fruit Juice Segment in Kolkata

Research on Juices

Prepared by Group 3Group 4

DATA ANALYSIS

Page 2: Market Research on Fruit Juice Segment in Kolkata

AGENDA

• Consumption of juice, time, occasions, place and reason• Awareness of different segments of juice and perception• Triggers and barriers to consumption of packaged juice• Brand strength of major brands

– Awareness– Usage– Imagery

• Conclusion• Recommendation

Page 3: Market Research on Fruit Juice Segment in Kolkata

Brands consumed

47

53

1

31

18

6

REALTROPICANACERES JUICESMINUTE MAIDACTIVEOTHER

Page 4: Market Research on Fruit Juice Segment in Kolkata

Place of consumption

home; 18

college; 9

office; 5

on the go; 26

parties; 8

Page 5: Market Research on Fruit Juice Segment in Kolkata

Time of consumption

After dinner

Evening

I do not have a specific time (anytime is good or when I feel like drinking it)

0 5 10 15 20 25 30 35 40 45

Page 6: Market Research on Fruit Juice Segment in Kolkata

Drink Preference

17

20

16

41Aerated/Carbonated drinkFruit flavouredFruit juice100% fruit juice

Page 7: Market Research on Fruit Juice Segment in Kolkata

Reasons of consumption

67%

27%

6%

taste health Doctor's advice others

Page 8: Market Research on Fruit Juice Segment in Kolkata

Frequency of Drinking

DAILY

NOT DAILY BUT "MORE THAN TWICE" A WEEK

ONCE A WEEK

LESS THAN ONCE A WEEK

0 5 10 15 20 25 30 35

7

33

9

16

Page 9: Market Research on Fruit Juice Segment in Kolkata

Segment awareness

200ml 1 litre 1 litre+0

2

4

6

8

10

12

14

11

7

1

13

2 2

Fruit Juice100% fruit juice

Page 10: Market Research on Fruit Juice Segment in Kolkata

Barriers to fruit juice consumption

Better alternative Health issue Price Taste/Flavor0

5

10

15

20

25

30

Page 11: Market Research on Fruit Juice Segment in Kolkata

Best alternate drink

AERATED/CARBONATED DRINK

WATER

VEGETABLE JUICE

OTHER

0 5 10 15 20 25 30

Page 12: Market Research on Fruit Juice Segment in Kolkata

Attributes - Rating

Fruit Content

Price

Availability

Brand Name

0 50 100 150 200 250 300

244

208

258

239

Page 13: Market Research on Fruit Juice Segment in Kolkata

Brands based on “price”

Real Tropicana Ceres Juices Minute Maid Active0

50

100

150

200

250

Page 14: Market Research on Fruit Juice Segment in Kolkata

Brands based on “taste/flavor”

Real Tropicana Ceres Juices Minute Maid Active0

50

100

150

200

250

300

Page 15: Market Research on Fruit Juice Segment in Kolkata

Brands based on “being healthy”

Real Tropicana Ceres Juices Minute Maid Active0

50

100

150

200

250

300

Page 16: Market Research on Fruit Juice Segment in Kolkata

Brands based on “availability”

Real Tropicana Ceres Juices Minute Maid Active0

50

100

150

200

250

300

Page 17: Market Research on Fruit Juice Segment in Kolkata

Awareness + Price Premia

Attention to content Willing to pay premium0

5

10

15

20

25

30

35

40

45

39

32

Page 18: Market Research on Fruit Juice Segment in Kolkata

Overall Conclusions

• Of the current brands present in the market, Tropicana leads the pack with Real in second

• On the go juice drinking is most prevalent• Most people do not have a specific time when

they drink juice (maybe because most of the respondents are students)

• Majority of the consumers drink juice because of its taste

Page 19: Market Research on Fruit Juice Segment in Kolkata

Overall Conclusions

• Tropicana is the most valued brand on Price, taste/flavor, health and availability parameters

• Availability is the most important attribute according to consumers

• 39 of the 65 respondents pay attention to fruit content in the juice while 32 are willing to pay a premium for extra fruit juice content

Page 20: Market Research on Fruit Juice Segment in Kolkata

Recommendations

• Product– Fruit Juice and 100% Fruit Juice– Start with very tasty flavors

• Pricing– At par with Tropicana and Real

• Place– Kolkata: has to be available everywhere

• Promotion– Differentiation strategy will be based on taste