CONSUMER AWARENESS, PERCEPTION AND ACCEPTABILITY OF FORTIFIED FOODS – A CASE STUDY OF HYDERABAD METRO CONSUMERS
KrishiKosh
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Title |
CONSUMER AWARENESS, PERCEPTION AND ACCEPTABILITY OF FORTIFIED FOODS – A CASE STUDY OF HYDERABAD METRO CONSUMERS
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Creator |
MADHAVI LATHA, M
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Contributor |
SEEMA
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Subject |
productivity, biological phenomena, economics, markets, beverages, oils, marketing, fruits, retail marketing, sales
Fortified foods, Awareness, Acceptance, Perception, Brands, Constraints, Purchase decisions |
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Description |
Food fortification is the practice of deliberately increasing content of an essential micronutrient in a food, so as to improvise the nutritional quality of the food supply and provide a public health benefit with minimal risk to health. The fortified market today largely consists of health food drinks, iodised salt, iron fortified biscuits and fortified edible oils. Health food drinks have been focused on general nutritional needs of growing children while iodized salt and ironfortified biscuits have become mass product segments driven by nutrient deficiencies and support through various government policies. Some of the major companies operating in the global market for vitamin fortified and mineral enriched foods and beverages include The Coca Cola Company, H.J Heinz Company, Kellogg Company, PepsiCo/Tropicana, and The Proctor & Gamble Company and so on. The present study entitled “Consumer awareness, perception and acceptability of fortified foods – a case study of Hyderabad metro consumers” was studied with the following objectives: 1. To study the level of consumer awareness and acceptability of the fortified foods in the selected market. 2. To analyze the perception of the consumers about fortified products vis-à-vis the available brands in Hyderabad metro region. 3. To find out the factors influencing the consumers purchase decisions for fortified products in the selected area. 4. To identify the constraints in purchasing and marketing of fortified foods. This study plays an important role in assessing the consumers awareness, acceptance and perception of the fortified foods. About 200 consumers and 20 retailers were selected from 10 different areas of Hyderabad metro. Data was collected from the consumers about their perception, pricing, spending decisions, frequency and quantum of purchase, brand preference etc., was collected. Rajendranagar, Attapur, Malakpet, Santhoshnagar, Banjara hills, Ameerpet, Bowenpally, Kukatpally, Chikkadpally and Dilshukhnagar were purposively selected representing different regions of Hyderabad. Similarly, data on the nature and trend of sales of fortified food products, brands available, product variety, constraints faced etc were collected from the retailers. Secondary data on CAGR was collected from International Markets Bureau, Schieber Research, Euromonitor International, Leatherhead and Nutritional Outlook. The data collected was analyzed by using simple averages, frequencies. Garrett ranking technique was used to study the opinion of the retailers on sale of fortified food products. The results showed that almost all the consumers were aware of the fortified food products available in the market. Due to the higher education levels, increasing disposable income and health conscious of the customers they are purchasing these products. TV/Radio and hoardings and other display materials are more eye catching and attractive therefore they are highly influencing in generating customers awareness. It is observed that most of the customer’s stock purchases are monthly. Daily & bi weekly purchases are rare in most of the products. As in the present days, most of the consumers are aware of fortified foods and becoming health conscious, consumers prefer a particular brand mainly because of its quality, advertisements and the health benefits. It is observed that the Kellogs, Ashirvaad, Fortune and Amul were the highest preferred brands in the product category of fortified foods. It is observed that the consumers purchase decisions influencing factors for almost all the product categories have been the health benefits, nutritive value and quality. Lack of right publicity to generate awareness among the consumers and the competition from traditional food preparations is acting as a major marketing constraint. High price and misconception about fortified food is regarded as minor constraint by majority of the retailers. |
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Date |
2016-09-14T13:50:49Z
2016-09-14T13:50:49Z 2014 |
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Type |
Thesis
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Identifier |
http://krishikosh.egranth.ac.in/handle/1/76691
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Language |
en
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Relation |
D9733;
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Format |
application/pdf
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Publisher |
ACHARYA N.G. RANGA AGRICULTURAL UNIVERSITY, RAJENDRANAGAR, HYDERABAD
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