Marketers in the Sugar Confectionery market face a major challenge. Understanding market size and segmentation is valuable, but the keys to effective targeting is knowing just how valuable specific consumer groups are, and being able to quantify the impact of consumer trends.This report solves these problems by providing integrated survey-based data on consumer trends, consumer groups and market data which show exactly the size of consumer groups, how much of the Sugar Confectionery market they account for and which consumer trends drive their behavior.
What is the current market landscape and what is changing?
While product penetration levels are already high the fast-pace of growth in the Indian market will most likely offer both volume and value growth opportunities. Marketers seeking to target this growth should aim to target the specific groups which offer the most value, as well as the most important consumer trends in order to position their products effectively.
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.
Scope
Consumer survey data for the following specific categories: the chocolate, gum and sugar confectionery markets.
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.
Reasons To Buy
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.
Key Highlights
Across the whole market Sugar Confectionery is the leading category by some margin, accounting for over half of sales. In this large market, its youth orientation combines with a context of population growth to make this a key growth opportunity.
Brand analysis reveals that the Sugar Confectionery market of India is dominated by branded products, while private label penetration is almost insignificant. While at present this situation is very favorable for branded products it might be that in the future retailers might start to seek to develop their presence in the market.
Perhaps unsurprisingly, market value for packaged Confectionery appears to be driven by the more affluent consumer groups in India, which account for a majority of market share of all wealth groups covered. This group is most able to afford these "everyday luxuries" and represent a key target market.
Table of Contents
1. Introduction
1.1 What is this Report About?
1.2 Definitions
1.2.1 Consumer Trends
1.2.2 Consumer Groups and Legal Drinking Age Consumption (for Alcoholic Drinks coverage)
1.2.3 End Consumers
1.2.4 Volume Units and Aggregations
1.2.5 Exchange Rates
1.2.6 Population Profiles (for interpretation of tables and charts)
1.3 Methodology
1.3.1 Introduction
1.3.2 Large scale, international, program of online consumer surveys
