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Industry analysis: soft drinks
Industry analysis: soft drinks
Industry analysis: soft drinks
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The soft drinks industry has evolved over the last 50 years. At the end of the fifties households were consuming more wine than any other beverages. By the beginning of the seventies households were diminishing their wine consumption for appellation wine, not to mention that strong alcohols saw a significant increase during this period with mineral water. Other soft drinks such as fruit drinks, sodas and colas became popular by the end of the eighties. Soft drinks sells became steeper during the nineties probably correlated with the fact that this period is situated during the raise of generation Y. This generation was highly influenced by television and Internet, thus commercials. Generation Y has been a golden pool for marketers at that time and allowed companies to progress a lot concerning their marketing research techniques. Nowadays the soft drinks industry is booming, alcohols are not as successful as before and sodas are pointed out for their high sugar content. This is profitable for bio fruit beverages and other fruit based alternative beverages. This market is full of innovative ideas and opportunities. i. Smoothies “The smoothie is a drink made from fruit and / or vegetables, which can be embellished with various ingredients (honey, milk, aromatic herbs, etc.). Originally from England, its texture is thicker than a juice, more liquid than a puree less iced than a sorbet. In addition, the limits of a smoothie’s composition are those of the imagination.” Today in France, 2 persons out of 3 consume fruit juices, 42% on a daily basis. Smoothies only represent 0,5% of the fruit juices consumption. In only 6 months the French market has increased for more than 500% from 167000L to 920000L of smoothies for the year 2008... ... middle of paper ... ...producers encounter difficulties to cope with the increase in price of their raw materials. “2012 underlined the increase in sales of high range products and the French preference for premium juices such as pure juices” Emmanuel Vasseneix, president of Unijus. iii. Waters The French are with the Italian and the Spanish part of the biggest consumers of table water in the world. 80% of the sales volumes are made by Hyper and super markets, whereas restaurants make 20%. The consumption of still bottles water was 145L per year per inhabitant in 2009, close to the consumption of 1999 (Source: Agreste – Prodcom, Douanes – Mémento alimentation, 2011). According to Xerfi, December 2011 the French mineral water market is divided as the following in GMS. Still according to Xerfi table water consumption has increased of 2% in volume and 4% in value in 2011 compared to 2010.
Although both franchises, have vastly different menu items and smoothie prices but there is a similarity with Tropical Smoothies 24 oz. for five bucks and Smoothie Kings 20 oz. for five bucks. Based on my frequent visits, both Tropical Smoothie and Smoothie King all use fresh produce in their smoothies. Both Smoothie King and Tropical Smoothie often contain a variety of protein powders, nutritional supplements, herbs and other natural ingredients that are added to make the smoothies healthy and tasty as well. - Both locations have a similarly unique and vital motto that represents what the company’s stand for and provides for its
This report is a business investigation on the Boost Juice business. This report is going to describe the Boost Juice business and its global expansion. It is also going to describe the roles of the business and the ways boost can be classified. The report is also going to explain the internal and external influences that have affected the business.
As a beverage touting superior hydration and health benefits, Vita Coco Coconut Water faces significant competition from many participants in the beverage industry. In the health-conscious Swedish market, successful beverages must appeal as beneficial to one’s wellbeing. Additionally, the active lifestyle of Swedish culture produces a strong demand for all natural, hydrating drinks. In 2012, the New Nutrition Business stated, “the current value of the European [coconut water] market is estimated to be worth $65 million” (Diggs, 2012). Therefore, as a new participant in the Swedish market, Vita Coco faces staunch competition from European brand Green Coco Europe GmbH. In addition to coconut water beverages, Vita Coco must also compete with sports drink titan Gatorade for the market share.
As stated in the case, “the market for energy drinks was growing; between 2010 and 2012, the market for energy drinks had grown by 40%. It was estimated to be $8.5 billion in the United States in 2013 [and] forecasts projected that figure to reach $13.5 billion by 2018” (pg 5). However, much of this market’s revenue -- 85% in fact -- is dominated by five major brands, while the remaining 15% is split between approximately 30 regional and national companies. (pg. 5). With this saturated market, it might not be best for Crescent Pure to enter as a completely new product to the industry, as there is the possibility that it will be squeezed out of the profit shares by more established brands -- especially if it is not properly secure in its identity. In addition, while the market for energy drinks appeared to be growing at an exponential rate compared to the market for sports drinks -- which increased only 9% in five years and would be at approximately 60% of the rate for energy drinks in 2017 (pg 6) -- the consumers appeared to be wary of partaking in the market for several reasons, which would potentially harm the reach of Crescent Pure. These concerns included rising news reports discussing the safety of energy drinks (pg. 5). Taking into consideration the data provided in the case that concerns reasonings of why consumers choose specific drinks over others, there
The beverage industry is highly competitive and presents many alternative products to satisfy a need from within. The principal areas of competition are in pricing, packaging, product innovation, the development of new products and flavours as well as promotional and marketing strategies. Companies can be grouped into two categories: global operations such as PepsiCo, Coca-Cola Company, Monster Beverage Corp. and Red Bull and regional operations such as Ro...
Innocent is a well-established smoothie and health food company in its home market of the UK and has had success in moving into various markets in the European Union. With the added partnership with global brand Coca-Cola, it could be said that Innocent is in prime position to begin its expansion into new markets globally. This report will note the benefits and potential risks of entering the chosen market of Japan based on research and theoretical analysis.
Years ago, the concept of selling water was laughable. Why would anyone pay for something they can get for free almost anywhere? Plumbing and free drinking water fountains are as old as Western Civilization. Selling water to a man with a faucet, or even a well, resembles the cliché of selling ice to an Eskimo. Consumers were intelligent enough to recognze that "evian," the name of the pioneering French drinking water bottler, was simply "naïve" spelled backwards. Yet by 1988 evian sold over 1 billion liters of water, all still bottled at the source in Evian-les-Bains, France(1). Competitors and entrepreneurs sensed a change in consumer tastes. In 1987 Suntory Ltd of Japan established Suntory Water Group in the US. It quick...
To make a good smoothie, the materials needed are: about ¾ cup of juice, or milk, about 2 cups of fresh or frozen fruits, ½ of yogurt, and finally, 6 cubes of ice if the fruits aren’t frozen. A blender that can crush ice well and that has a secure lid is also required. Unlike other recipes, a smoothie recipe doesn’t have to use exact measurements. To have a better tasting smoothie, use frozen fruits. Freeze fresh fruits, or buy them pre-frozen. If the fruits are too big, cut them in half. Also, peel the fruits before loading them in the blender. Be careful with the knives when ...
For every water bottle made, non-renewable resources are wasted to produce an unnecessary luxury. For the bottled water that Americans enjoy, seventeen million barrels of oil are used (excluding transportation), which could fuel more than 1.3 million cars for a year. Most water is imported and exported from places that are thousands of miles away, such as Fiji. Although oil is controversial in nature, for every one liter of water produced, three liters are used. The excess water wasted can supply clean water to the world’s poorest countries.
However after studying all parts of the project and analyzing questionnaires and surveys from people from the selected ages we evaluated that the growth of Jamba Juice will be high in the near future. Jamba juice is providing high quality products. Therefore, our prices are partially high and our target market is specific. Jamba Juice will help Lebanese people to solve their health and body problems. We also conducted the SWOT analysis to examine the strengths, weaknesses, opportunities, and threats of the project in our environment and in the Lebanese market taking into consideration how to prevent and eliminate our weaknesses and how to deal with our threats, and to take advantage of our strengths and opportunities in the most sufficient and effective way
Was orange juice always just here? What is the difference between the different types? Why does everyone like it cold? Is it a sustainable product the way Tropicana is running their processing plant? Are there ethical issues with orange juice production?I began to wonder one day as I was looking in the store, in the orange juice aisle. This paper is a journey into orange juice through the popular Orange juice company, Tropicana .I chose this company because this was a juice that I had grown up with .I hope to be able to answer there questions for myself and you ,the reader.
Soft drinks are one of the most recognized parts of Western culture. Beginning as tonics for fatigue and anything else that might be the matter with a patient, they have evolved into sweet bubbly accompaniments to hamburgers and French fries and other widely recognized parts of Western culture. Most soft drinks are characterized by carbonated water, sugar, and caffeine. Variations in soft drinks generally advertise either flavor differences, or the absence of one or more of the three main ingredients.
All the fruits and vegetables are handpicked from farms across the country, and will be delivered to the production line after undergoing through relevant laboratory test and approvals by the research and development department of the company. Dominant production line of the organization will consists of wholly crushed fruits and vegetable extracts with no added artificial flavors that will also be full of nutrients for health benefits. Furthermore, the company would sell fruit smoothies and vegetable smoothies for consumer preferences. All juices and smoothies packages are designed to be recyclable cartons as our main concern is on developing environmental friendly practices. Size choices for the product will be available in three different capacities which are 1L carton,500ML carton and 250ML carton all designed in very unique way where the out core of the package describe the flavor included in. target market for this commodity will be mostly teenagers when demographic segmentation was taken in to account. In addition to this company is also focusing on developing a newly product range specially designed for kids where they have an opportunity to create smoothies by themselves and to have their own fun size
This competitive advantage has been rendered sustainable as other players have found it difficult to catch up with the company's competitive strategy. In spite of this clear advantage, it was noted that the company faces some challenges being the world leader in soft drink distribution. The canning and bottling of the product which is done in many countries have now fallen into the hands of independent companies, thus it becomes hard for a given company to control the quality of the packaging
Water scarcity is harmful to human life because when water is poorly managed throughout the world, those who need water are deprived of nutrients they truly need, causing them to die. This eventually affects the global population. Therefore, many experts have proposed several solutions such as the LifeSaver Bottle, TrojanUVPhox treatment system, and Waste Water Recycling. The problem of water scarcity has increasingly spread throughout the world as of yet, The UN reports that within the next half- century up to 7 billion people in 60 countries which is more than the whole present population will face water scarcity (Sawin “Water Scarcity could Overwhelm the Next Generation”). As well, the demand for freshwater has tripled over the past 50 years, and is continuing to rise as a result of population growth and economic development.