Secondary Data & Marketing Research Insight: "The Case Of Innocent Drinks".
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Secondary Data & Marketing Research Insight: "The Case Of Innocent Drinks".
Executive Summary
In this report I shall be looking at data compiled on the client and using this data I will analyse the market potential and demand for "health drinks" within the United Kingdom. Also I will consider whether it is viable to expand and develop the brand within the market whilst maintaining the socially responsible attitude of the company, in conjunction with the growing health trends and the client's ethical product production.
The key issues facing the client are that; firstly; the business is focusing all of its energy onto the youth market and not attracting business and sales from the older demographic that in years to come will be a massive market, which is as yet untapped. This may be due to the fact that one of the client's main aim is to "help provide children with healthier food" (GMID 2007). Secondly; the client has not fully taken into account the changing lifestyles of people and their demands, emerging markets within the health drinks market such as health snacks have not been considered by the client and must be if they wish to expand their business and move away from being known as a one product business.
Table of Contents
Introduction Page 5
Problems & Opportunities Page 6
Research Objectives Page 7
Background Information
The changes in culture in the UK Page 8
The changes in demographics Page 9
Conclusions & Recommendations Page 10
Bibliography & References Page 11
Appendix Page 12
Introduction
The fruit juice and health drinks market has, over the past couple of years, seen a massive growth both in terms of sales and of the increasing demographic of customers that are choosing to purchase the products, especially at the expense of carbonated drinks. In 2006 the estimated value of the total market was £2.77 billion at retail selling price, having grown from 30.7% in 2002 (Key Note, 2007). Innocent Drinks are the markets biggest player with a market share of around 62% ,...
- Submitted by: ashmowe
- Date Submitted: 03/11/2008 10:13 AM
- Category: Business
- Words: 1559
- Pages: 7
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