"Consumer Trends in the Syrups & Spreads Market in Russia" now available at Fast Market Research
New Food research report from Canadean is now available from Fast Market Research
Marketers in the Syrups & Spreads market in Russia face a major challenge. Understanding market size and segmentation is valuable, but the keys to effective targeting is to know 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 Syrups & Spreads market they account for and which consumer trends drive their behavior.
What is the current market landscape and what is changing?
As consumer confidence increases proportionally to economic recovery, consumer trends will be directly affected. Since the global financial crisis of 2008-2009 the organized retail market has been characterized by an increased amount of discount and own-brand products. Jams, Jellies & Preserves, Molasses, Savory spreads, Sweet Spreads and Syrups are not considered essential items and therefore consumption patterns have been comparatively affected.
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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.
Private Label penetration into the Syrups & Spreads market in Russia varies over its categories from a very small proportion of the Sweet Spreads market to a more significant proportion of the Jams, Jellies & Preserves market. The Molasses market is dominated by Private Label products. With the exception of Jams, Jellies & Preserves, Private Label appears to have little room for growth; however, marketers need to maintain their differentiation in order to prevent loss of share to Private Label in the future.
A significant "attitude-behavior"
In the Syrups & Spreads market in Russia, Sweet Spreads and Jams, Jellies & Preserves account for over one third of the value share, each. Any further improvements in values or volumes in either if these markets will have a large effect on the overall market.
Consumer survey data for the following specific categories: Jams, Jellies & Preserves, Molasses, Savory Spreads, Sweet Spreads and Syrups.
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.
Unique retailer choice and switching data as tracked by the survey are provided at the product category level for 2011.
Reasons to Get this Report
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.
Companies Mentioned in this Report: Auchan, Dixi, Lenta, Magnit, Metro Group, O'Key, Sedmoi Kontinent, X5 Retail Group, Auchan, Dixi, Lenta, Magnit, Metro Group, O'Key, Paterson, Sedmoi Kontinent, X5 Retail Group
Canadean Consulting provides specialist support on commercial, strategic and marketing issues to the international beverage, packaging and liquid food industries. Significant investment has transformed all Canadean's beverage databases into interactive market analysis tools, geared to clients' annual and strategic business planning cycles.