Guest guest Posted February 14, 2006 Report Share Posted February 14, 2006 Health foods — Targeting the new age disorders V. V. Ravi Kumar NEW age Indian patients comprise a growing niche segment which marketers have been quick to tap into with customised health-food products. More and more supermarkets are, increasingly, boasting separate health food counters that stock a wide range of products, ranging from low-calorie biscuits to fibre-based cholesterol-free breads, to even sugar-free rice. The popularity of these counters can be gauged from the fact that the products are being lapped up quickly by a growing breed of consumers — the new age patients and the health conscious. This segment of the health food market in India is now displaying almost all the characteristics of a niche market. These are: Adequate size: It is estimated that around 35 million people in India are diabetic, of which 13 million cases are yet to be detected. The reasons for this alarming growth in population are many — high levels of stress at the workplace, sudden change in lifestyles due to evolution of nuclear families and working couples, resulting in increased intake of outside food. Added to this is the growing tendency of teenagers to ape the West by going in for junk food and, that too, in increased quantities due to more hours spent slouching in front of the television. All these factors have contributed to increased obesity levels among Indians, making them highly susceptible to disorders such as diabetes and hypertension. These are the new age patients, many of whom are afflicted with these disorders even in the prime of their youth. The sole prescription by the doctors for such patients is to avoid foods with a high sugar, salt, calorie and cholesterol content and to increase their intake of foods rich in fibre. Growth potential: The World Health Organisation estimates that there would be over 55 million diabetics in the country by 2025. Marketers are, thus, beginning to see immense potential in this growing niche. In fact, chances are that this niche segment may be transformed into a mass segment over a period of time, considering the fast pace at which more and more Indians are getting falling prey to these lifestyle diseases. Few competitors: There are only a few established brands in this category and most of them are local.Premium pricing: It is invariably noticed that most of the products in this category are priced above their regular offerings. Thus, Modern Food Industries (India) Ltd., a subsidiary of Hindustan Lever Ltd, has priced its latest bread offering " Modern - 7 Must, " comprising seven healthy grains, at Rs 18 for a 400 gm pack. Nilgiris, the popular supermarket chain in South India, has priced its whole-wheat bread without any added sugar at Rs 17 for its standard pack. These prices are at a premium to the regular bread offerings in the market (including the products of these two companies) priced in the Rs 10- 12 range. For many years now, in the health beverages category, Horlicks has been positioned on top. It unearthed a new gap — the need for a low calorie (cholesterol and sugar-free) health drink that can be taken by all the categories of consumers affected with various disorders. As the incidence of diabetes and hypertension in India are growing, there is no dearth of such potential consumers. Hence, it has come out with a new version of the Horlicks beverage — " Horlicks Lite " — primarily aimed at these patients. Since it satisfies a focussed segment, it has been priced at a premium of around Rs 40 to its traditional offering for a standard 500 gm bottle, thus positioning it as a niche product with a specific customer in mind. As more and more Indians are diagnosed with the new age disorders , it is but natural that there will be an increasing demand for such customised health food products catering to a very specific niche segment of customers, who are willing to pay a premium. More and more companies in India are seeing in this a major marketing opportunity and, therefore, it will not be surprising if there are a slew of product launches aimed at this niche market. So the next time you enter a supermarket, don't be surprised if the health food counter too is decked with new offerings. Quote Link to comment Share on other sites More sharing options...
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