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Vegetarian diet effects on health
Vegetarian diet effects on health
Vegetarian diet effects on health
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1. New-Product Strategy
Mars Canada was established in late 1940's, now it is considered as one of the leading manufacturers in the Food industry in Canada.
In the market,there are different types of customers and these customers have different needs and want different products. In recent years, the changing consumer purchase patterns towards how products are produced in terms of their impact on environment and health are considered factors on which future market growth of chocolate. The trends of consumer are shifting from only fun and enjoyment food towards healthy safe food. For this reason, the chocolate market has started struggling to create products for healthy eating, health conscious community. Therefore, Mars need to develop new
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Idea Screening: description of the product
3.1. Features
- Fruit chocolate: cacao and dried raspberries, strawberries, pumpkins, pineapples, cranberries, blueberries, raisins.
- Real ingredients: 55% Organic Dark Chocolate, 20% milk and 25% dried fruits
- Add more flavours: chocolate with one type of dried strawberries, cranberries, blueberries, raisins, or mixed many dried fruits.
- A flavorful recipe also features 2 times more fiber than regular chocolate bars.
3.2. Benefits
- The quality dark chocolate with a high cocoa content, it is very nutritious. It contains vitamins and proteins which is a useful energy source. The combination of vitamins and cacao have a direct effect on cognitive functioning of the brain, and using regular can significantly improve memory and skin.
- The new fruit chocolate bar contains a decent amount of fiber and is loaded with minerals
- By themselves, dried fruits are nutritious and provide important nutrients consumers need for good health with low fats
- Choosing unsweetened dried fruit, which contains only healthy naturally occurring sugar and does not contain the unhealthy added sugar.
4. Target Market
Market Segments: the market is segmented in the following sectors:
Geographic
Most retailers know that the appearance of their stores plays a big part in determining consumer behavior. As such, they seek to use it to their advantage. Sport Chek sells various types of sports merchandise mainly to middle and upper class citizens of Canada. The company has many stores and online portals. The design of the stores communicates to customers that goods in the store are of high quality. Therefore, customers come with the expectation to pay a premium. The main elements that the store uses to influence consumer behavior include the choice of construction materials, careful choice of colors and shapes, and creative use of lighting. These elements have an impact on the affective, cognitive, and behavioral responses of potential customers. The channel strategy used by the company is effective because of Sport Chek’s strong brand name. The company can benefit more from a better channel strategy for its online shopping portal that can help it to take advantage of the global high-end sports market.
While Europe and the United States account for most chocolate consumption, the confection is growing in popularity in Asia and market forecasts are optimistic about the prospects in China and India (Nieburg, 2013, para 9). According to the CNN Freedom Project, the chocolate industry rakes in $83 billion a year, surpassing the Gross Domestic Product of over a hundred nations (“Who consumes the most chocolate,” 2012, para 3). If chocolate continues grow popular in Asia, it stands to become even more lucrative.
Market research and information about the industry is very important to the organization because it will allow the organization to position itself well in terms of sourcing chocolate raw materials and in identifying the market for its products. For example, understanding that some chocolate product purchases are seasonal, e.g., at Christmas; around Mother’s Day; and, on Valentine’s Day, allows the organization to have more product on hand and to create displays, in store, that will increase purchases and attract more customers when existing customers tell their friends about the availability of high end products, at reasonable prices, in their store.
Starting with the dark chocolate; this type of chocolate has a natural source of antioxidants. Then in 2008, Hershey began making chocolate with vegetable oil instead of cocoa butter (Hershey, n.d.). No milk chocolate is not a healthy snack but popping one in your mouth is only 25 calories (Sun-Sentinel, 2007). These improvements modified the chocolate recipe to attract more clientele (Hershey, n.d.).
Coe, Sophie D., and Michael D. Coe. The True History of Chocolate. 2nd ed. New York: Thames and Hudson, 2007. Print.
Hershey Canada is one the largest competitors in the chocolate bar market. Hershey brands have a strong market value and a long history dating back to 1903. Hershey Canada owned three of the top five chocolate bars sold in 2000 to 2001. Hershey's three principle brands held ...
Chocolate companies changed from minimal production to massive manufacturing. Thus, targeting different market segments that weren’t possible to reach due to the high cost of the good. The market was able to shift because of the industrialization process that includes several innovations, such as van Houten’s process, this allowed a broad production and distribution of chocolate that spread around the globe.
One of the main influencers of the taste that isn’t chocolate is any types or forms of fats in the recipe. There is a lot that falls under that list but the most commonly heard of and used are butter,oil,and cocoa butter from the chocolate. In desserts that focus on giving out a more creamier type of taste, then it is usually best to not use cocoa and just use chocolate instead. There are some desserts that call for a much needed silkiness that only cocoa butter can provide most of the time. Cocoa butter is a very unique fat because unlike other fats it melts on at a temperature that is very close to the human body's temperature. Chocolate that’s got a hard and solid feeling to it usually feels rich when tasting it on your tongue. Due to the fact that normal chocolate bars contain much more cocoa butter than cocoa powder does, it makes a lot of sense to use normal chocolate bars over cocoa powder. Recipes that are usually contain a lot of cocoa butters is puddings, ganache, and mousses., these desserts are where the more luxurious mouth-feels of cocoa butters really shine. So for desserts like those ones just previously mentioned, chocolate is almost always prefered when it comes to judging chocolate and cocoa powder. This doesn’t mean that cocoa powder is much worse for recipes than chocolate. In fact, if someone wants chocolate with a lot more flavor to it, than can add a tablespoon or as much as they would like to add to the recipe which will add a bigger boost of flavor instead of being an odd combination of chocolates. However, when someone is choosing between cocoa powder and chocolate to use for a chocolatey flavor inside of cakes, the choice becomes much more complicated of
The recent product, liquor filled chocolates is a viable business that can sell if it is implemented professionally. This recent innovation should be able to acquire attention from the market owing to its combination of selling products. Put simply, the liquor-filled chocolates are chocolates that contain alcohol. According to Novellino (2011), Chocolate-candy sales summed up to $16 billion in 2008 in the U.S. Furthermore, the statistics on alcohol reveals that liquor sales hit $19.9 billion in 2011. What does the statistics reveal about the product? This reveals that the market for the two products is present and combining them will result in a profitable business. This paper is a report on targeting and segmenting the new liquor filled chocolates as a potential business.
From 2008 to 2012, the exports value (in current prices) of chocolate and other food preparations containing cocoa increased on average by 5.6% to reach its peak of 24.1 bln US$. During the same period, imports showed a similar development with an average increase of 5.5% to amount t...
The typical life cycle of a product goes through a sequence of stages from market introduction, market growth, market maturity, and sales decline. This sequence is known as the product life cycle and it is associated with the evolving marketing situations that generally make up how a company makes decisions that can either set for a thriving business or one that can harm them. The company’s marketing mix and strategy allows for a company to make decisions based on the nature of their product and the time they introduce themselves in the market. We decided to improve the regular snicker bar to target the health-conscious consumers. Our product the Skinny Snicker Bar is going to go through the life cycle like any other product would.
The Culture and Commitment of Mars, Incorporated Mars, Incorporated is known to be a manufacturer and distributor of food products (Bloomberg Business). The company manufactures and distributes pet care products, as well as chocolate products; gum, mints, hard and chewy candies, and lollipops (Bloomberg Business). It also offers food products; beverages for various types of work environments such as coffee, tea, and soups. It further provides cocoa extract supplements which helps a person to have a healthy heart because such products allow healthy blood flow (Bloomberg Business). Furthermore, Mars, Incorporated serves various customers from multinational retailers to small independent stores and the like.
Replenish your energy and kick-start muscle growth and repair with a chocolate protein cake that actually meets your macros! Dark chocolate and berry protein loaf is a sports-nutrition masterpiece. So easy to make, perfect for after the gym, and inspired by Paleo-dietary principles: It's light, moist, and the dark chocolate and strawberries perfectly compliment the soft, sponge-like loaf base. With all of my recipes, it's loaded with healthy, functional ingredients from the flavonoids content of the dark chocolate to the phytonutrient content of the berries. High-protein dessert is also very nutrient-dense and relatively low-carbohydrate.
Growth of the chocolate industry over the last decade has been driven in large part by an increasing awareness of the health benefits of certain types of chocolate. Chocolate consumers are considerably price insensitive. Except in rare circumstances consumers are willing to purchase what they consider an “affordable luxury.” Chocolate is one of the most popular and widely consumed products in the world, with North American countries devouring the lion's share, followed by Europe
The dark chocolate, on the other hand is a strong, somewhat bitter, deep chocolate flavor, a lower amount of sugar and milk fats, and more cocoa butter, and flavor enhancers such as vanilla, chili peppers, orange and mint. Dark chocol...