Maggi losing instant noodles market share in India to new entrants * NEW DELHI: Maggi instant noodles‚ foods major Nestle’s flagship brand that has dominated the Indian instant noodles market for nearly three decades‚ is losing market share on a monthly basis to newer entrants such as GlaxoSmithKline’s (GSK) Horlicks Foodles‚ Hindustan Unilever’s (HUL) Knorr Soupy noodles‚ Big Bazaar’s Tasty Treat‚ Top Ramen and several other smaller players‚ according to data by market research firm Nielsen
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A mundane product or service costing less than $5. Ms. Swathi calls for Maggi noodles almost every time someone returns from India or when she goes home. As she lives is a shared accommodation she turns to instant noodles whenever she and her friends want to have something quick which wouldn’t force them to do a lot of cleaning afterwards. All of them generally decide on Maggi‚ as they all have grown up eating Maggi. They do not remember since when‚ but all are accustomed to the taste and they
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house of Nestle. Prepared dishes and cooking aides – Nestle has a third category of products which comes into prepared dishes and cooking aides. The major cash cow of Nestle lies in this segment‚ which is Maggi Noodles. Probably one of the most widely sold ready to cook noodle brands is Maggi. Maggi has a fantastic taste and quality. Thus‚ it was not a
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of co-packers‚ Nestlé India is a vibrant Company that provides consumers in India with products of global standards. Nestlé India manufactures products of truly international quality under internationally famous brand names such as NESCAFÉ‚ MAGGI‚ MILKYBAR‚ KIT KAT‚ BAR-ONE‚ MILKMAID and NESTEA and in recent years the Company has also introduced products of daily consumption and use such as NESTLÉ Milk‚ NESTLÉ SLIM Milk‚ NESTLÉ Fresh ’n’ Natural Dahi and NESTLÉ Jeera Raita The company
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Study on Knorr Soupy Noodles Market in Goa 1 Study on Knorr Soupy Noodles Market in Goa ACKNOWLEDGEMENTS Without the assistance of a number of people‚ this research could not have been completed. Therefore‚ we would like to take this opportunity to thank the following people: Mr. Rammurthi Naidu‚ Territory Sales Officer at Hindustan Unilever‚ Goa for providing us with the opportunity to work with an esteemed organisation and for guiding us to obtain the fresh knowledge which will be useful
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Indian Food Industry Last Updated: June 2013 Introduction The Indian food industry has witnessed strong growth over the past few years. India is the world’s second largest producer of food next to China‚ and has the potential of becoming the biggest producer in the years to come. The total food production in India is likely to double in the next ten years. Indian food service industry is currently worth Rs 2‚47‚680 crore (US$ 41.39 billion) and is expected to grow at the rate of 11
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BRAND– “NESTLE INDIA” ABOUT THE THEME FAST MOVING CONSUMER GOODS (FMCG): Fast moving consumer goods are goods which have quick turnover and also has very low cost. FMCG sector (India) is the fourth largest sector in the economy and also provides employment for more than 3 million people in downstream activities. FMCG products are products which are bought by consumers frequently such as toiletries‚ cosmetics‚ soaps‚ plastic goods‚ other personal hygiene products‚ packaged food products
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BCG MATRIX FOR NESTLÉ BANGLADESH LIMITED SBUs INTRODUCTION Strategic business unit (SBUs) a single business or collection of related business that can be planned separately from the rest os company‚ with its own set of competitors and a manager who is responsible for strategic planning and profit performance. Question Marks- Build Strategy‚ Stars-Hold Strategy‚ Cash Cows-Harvest Strategy‚ Dogs-Divest Strategy. In the commercial arena‚ the choice of an effective strategy is perhaps the most important
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Nescafe Classic MAGGI 2-MINUTE Noodles Nestle Kitkat Nestle Slim Milk Nescafe Sunrise Premium MAGGI Imli Pichkoo Nestle Munch Nestle Dahi Nescafe Cappuccino MAGGI Sauces Nestle Bar One Nestle Bhuna Jeera Raita Nescafe Sunrise MAGGI Healthy Soups Nestle Milky Bar Nestea Nestea Iced Tea MAGGI CUPPA MANIA Nestle Polo Nestle Milkmaid MAGGI Vegetable Atta Noodles Nestle Eclairs Nestle Everyday Whitener MAGGI Pazzta Distribution
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Introduction of Ansoff Matrix This well known marketing tool was first published in the Harvard Business Review (1957) in an article called ’Strategies for Diversification’. It is used by marketers who have objectives for growth. Ansoff’s matrix offers strategic choices to achieve the objectives. There are four main categories for selection. The market penetration strategy is the least risky since it leverages many of the firm’s existing resources and capabilities. In a growing market‚ simply maintaining
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