Market structure analysis of health and wellness food products in India

2015 ◽  
Vol 117 (7) ◽  
pp. 1859-1871 ◽  
Author(s):  
Tabassum Ali ◽  
Aftab Alam ◽  
Jabir Ali

Purpose – The purpose of this paper is to analyze the market structure and level of competition in health and wellness food products by type, category, prime positioning and distribution networks in India. Design/methodology/approach – The study is conducted using secondary data from Euromonitor International. Compound Annual Growth Rate (CAGR) has been calculated for analyzing the market trends in terms of type, category and prime positioning and market competition has been analyzed using Herfindahl-Hirschman Index (HHI). Analysis of variance has been used for analyzing the statistical difference in market competition. Findings – Consumer purchase behavior for food is significantly changing across the world and consumers are becoming increasingly conscious of the health enhancing properties of food. With growing incidences of problems like obesity, diabetes, coronary heart diseases and foodborne diseases, consumers are becoming aware of the role of food in ensuring health and well-being. There have been significant structural changes in the health and wellness food market compositions and India has huge market potential for health and wellness food products with a market size of Rs. 435 billion in 2013 and growing at a significantly high annual growth rate of about 13.8 percent during 2002-2013. HHI results clearly indicate that there is significant competition in the health and wellness food market with average HHI of 0.19. However, the structure of market competition shows a varied trend across the types, categories, prime-positioning and distribution channels of health and wellness food products. Practical implications – Results of the study provide a better understanding of temporal as well as intra-category changes in market size of health and wellness food products and the competitiveness of the health and wellness food market, providing valuable insights to the companies involved in producing and marketing of health and wellness food products in India. Originality/value – Health and wellness food market is an emerging area for the marketer and there are limited analysis on market structure and competition.

Author(s):  
Swapan Banerjee

Nowadays, people worldwide are leading to fast lifestyles due to their official work and childrens’ education. The situations compel almost every earning member who does not have enough time to buy fresh vegetables and other essential food ingredients for cooking good foods both in the lunch and dinner at home. For the last two decades, mainly office goers are dependent on convenience foods called ready-to-eat foods. Disposable income, taste preferences, working stress, and psychological tenacity are the significant factors of the growing demand for fast food or ready meals among the middle-class urban population. Recent trend shows that the global convenience food market is expected to reach a 4.4% compound annual growth rate at the end of 2025. India is also supposed to be a significant contributor among other developed countries. The country is expected to reach the compound annual growth rate (CAGR) tentatively 17%-19% (approximately $655 million) by 2025. Small-scale industries (SSI) play significant roles by engaging themselves with excellent investment in the convenience food market. The increasing demand for food products is the main reason sourced from the millions of consumers worldwide. Hence


2019 ◽  
Vol 35 (6) ◽  
pp. 1-4
Author(s):  
Carol M. Connell ◽  
Christine Lemyze

Purpose The purpose of this paper is to present a viewpoint on aligning strategy and execution to produce superior business results. Design/methodology/approach The paper examines the long-term financials of the top ten growers to reveal companies that have continued to grow in good economic times and bad, including the Great Recession. While some companies dug deeper into their core businesses during the financial crisis, others continued to innovate. Findings Where companies continued to focus on strategy execution, they were rewarded, for example, Amazon’s compound annual growth rate for the ten-year period that included the financial crisis was 36.45 per cent; in the past three years, Amazon’s compound annual growth rate (CAGR) has been 56.76 per cent. Most of the top ten long-term growers are headed by the same founder/entrepreneur. Research limitations/implications Look beyond the past three years for models of successful strategy execution. Practical implications For long-term company leaders, entrepreneurs, or turnaround experts, strategic execution is no oxymoron, but a requirement for growth and, ultimately, their unique responsibility. Social implications The paper identifies three major focus areas for strategy teams and company leadership: 1. customer centricity and strategy execution; 2. learning from survivors; and 3. rethinking capabilities and talent. Originality/value As a professor of strategic management and as a consultant to organizations on strategy and marketing transformation, we have focused on the activities that are necessary for leaders to create effective strategy and to execute successfully. We have also been responsible for equipping the larger teams of strategy professionals (and future strategy professionals) who support these leaders with the approaches, the methods, and the tools necessary to plan effectively, to assess effectiveness, and to correct problems in strategy and execution. We bring that perspective to this viewpoint paper.


2020 ◽  
Vol 15 (4) ◽  
pp. 5-23
Author(s):  
Hafiz Wasim Akram ◽  

This study presents the status of the burgeoning global halal market, challenges it faces, and opportunities available for stakeholders. The study is based on primary and secondary research, and found that the US$2.1trillion halal market is projected to reach US $3 trillion by the end of 2023 at a compound annual growth rate of 6.11 per cent. The present market size will more than double if Islamic financing is brought under the ambit of the halal market. Though the uncharted territory has a lot of potential to be tapped, it is also afflicted with multifaceted challenges such asa lack of global consensus (ijama).It is recommended that a harmonized system (HS)code-like mechanism be adopted to capture trade figures of products that conform to halal principles.


Subject Turkey’s economic bounce-back. Significance GDP grew by 6.0% year-on-year in the final quarter of 2019, ensuring a positive annual growth rate of 0.9% for the calendar year, which began in recession following the currency crisis of 2018. However, its announcement coincided with a fresh bout of lira weakness related to the COVID-19 outbreak and events in Syria. Impacts Risks to economic stability and growth are likely to be carried over to 2021. The recovery will not be strong enough to create a ‘feel-good’ factor. Conditions will remain difficult for the large refugee and migrant population. Frequent but minor policy adjustments are more likely than bold or controversial reforms.


2017 ◽  
Vol 1 (1) ◽  
pp. 18
Author(s):  
Suwinto Johan

The aim of this paper is to study the structure of the Indonesia Finance Company Industry over the periode 2001-2010. The finance company industry is growing rapidly from Rp37 trillion in 2001 to Rp221 trillion in 2010 with a compounded annual growth rate (CAGR) of 122%. At the same time, the number company in the industry has reduced from 245 in 2001 to 191 in 2010. We use the Concentration Ratio to measure the structure of the industry. Our sample consists of 97 companies in 2001 to 127 companies to 2010. The empirical results show that Indonesia finance company industry is not highly concentrated. In fact, there is a significant increase in the concentration ratio since 2000 to 2010, especially the concentration in Concentration Ratio of 4 largest companies (CR4), Concentration Ratio of 8 largest companies (CR8) and Concentration Ratio of 12 largest companies (CR12). However, there is a potential of higher concentration if we group the companies by the shareholders’ ownership, due to the controlling issue of the shareholders.Keywords : Market Structure, Concentration Ratio, Regulation


Author(s):  
Seema Joshi

Purpose – The growing importance of knowledge and innovation in the present era motivated the author to study knowledge-intensive business services (KIBS) in general and the case of India in particular. The purpose of this paper is to track in brief the strength of India’s economy lying in growth of knowledge-intensive services (KIS), which if harnessed properly can lead to its transition to a knowledge economy. More specifically, the paper tries to address two important questions: first, what constitutes KIS and KIBS? And second, how has KIBS been performing in India? Design/methodology/approach – The paper makes use of secondary sources of data including various reports, books, journals and statistical tools. An attempt has been made in this paper to review those studies which try to define KIS and KIBS. The data analysis of KIBS in the case of India has been done for the period 2004-2005 to 2011-2012 for which information was available from National Accounts Statistics published by Central Statistical Organization. Findings – The paper concludes that no unanimously accepted definition of KIBS has been given so far. In the Indian context it is defined as; “business services include services like computer-related services, R&D, accounting services and legal services and renting of machinery in order of importance (shares) as per India’s National Accounts”. An analysis of performance of KIBS in India shows that among KIBS there are two T-KIBs (with a technology base), namely IT and ITeS, and that R&D services occupy the first and second position in India’s gross domestic product (GDP), originating from business services (KIBS). R&D services registered the highest average annual growth rate followed by computer-related services, renting of machinery, legal services and accounting and auditing services during the seven-year period from 2004-2005 to 2011-2012. However, the compound annual growth rate (CAGR) was highest in the case of R&D services followed by renting of machinery, computer-related services, legal and accountancy and auditing services. KIBS registered a CAGR of 13.04 per cent, which was higher compared to overall GDP growth rate (at 7.36 per cent), and also compared to the CAGR of the real estate and ownership of dwellings and business services segment as a whole (7.62 per cent). Therefore, there is a need to tap the potential of all these KIBS, i.e. knowledge-intense high-tech services (KIHTS) and knowledge-intense marketing services taken in the study through policy initiatives. There is also a need to deal with emerging issues and challenges in KIBS, especially in KIHTS. Originality/value – Although there is empirical research on the KIS and KIBS of European Economies, KIBS in India has not received enough research attention. This paper will therefore mainly focus on the performance of KIBS in India.


2018 ◽  
Author(s):  
Asharaf Abdul Salam

<p>Data pertaining to 1974, 1992, 2004 and 2010 Censuses in Saudi Arabia was collected. Some reviews and literature on population ageing in Saudi Arabia as well as Facebook usage obtained. Statistics pertaining to Saudi population was utilized.</p> <p>Aged population in 2010 estimated by assuming the annual growth rate of 1974-2004.</p>


2021 ◽  
Vol 20 (1) ◽  
Author(s):  
Shouling Wu ◽  
Luli Xu ◽  
Mingyang Wu ◽  
Shuohua Chen ◽  
Youjie Wang ◽  
...  

Abstract Background Triglyceride–glucose (TyG) index, a simple surrogate marker of insulin resistance, has been reported to be associated with arterial stiffness. However, previous studies were limited by the cross-sectional design. The purpose of this study was to explore the longitudinal association between TyG index and progression of arterial stiffness. Methods A total of 6028 participants were derived from the Kailuan study. TyG index was calculated as ln [fasting triglyceride (mg/dL) × fasting glucose (mg/dL)/2]. Arterial stiffness was measured using brachial-ankle pulse wave velocity (baPWV). Arterial stiffness progression was assessed by the annual growth rate of repeatedly measured baPWV. Multivariate linear regression models were used to estimate the cross-sectional association of TyG index with baPWV, and Cox proportional hazard models were used to investigate the longitudinal association between TyG index and the risk of arterial stiffness. Results Multivariate linear regression analyses showed that each one unit increase in the TyG index was associated with a 39 cm/s increment (95%CI, 29–48 cm/s, P < 0.001) in baseline baPWV and a 0.29 percent/year increment (95%CI, 0.17–0.42 percent/year, P < 0.001) in the annual growth rate of baPWV. During 26,839 person-years of follow-up, there were 883 incident cases with arterial stiffness. Participants in the highest quartile of TyG index had a 58% higher risk of arterial stiffness (HR, 1.58; 95%CI, 1.25–2.01, P < 0.001), as compared with those in the lowest quartile of TyG index. Additionally, restricted cubic spline analysis showed a significant dose–response relationship between TyG index and the risk of arterial stiffness (P non-linearity = 0.005). Conclusion Participants with a higher TyG index were more likely to have a higher risk of arterial stiffness. Subjects with a higher TyG index should be aware of the following risk of arterial stiffness progression, so as to establish lifestyle changes at an early stage.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Richard Adeleke ◽  
Opeyemi Alabede ◽  
Tolulope Osayomi ◽  
Ayodeji Iyanda

Purpose Globally, corruption has been identified as a major problem. Even though corruption is widespread, it varies in magnitude, types and consequences. In Nigeria, corruption is endemic, and it is responsible for the many socioeconomic problems in the country. Hence, the study aims to determine the patterns and state level correlations of corruption in Nigeria. Design/methodology/approach Data for this study were sourced from the National Bureau of Statistics and other official sources and were analyzed with Global Moran’s I, Local Moran’s I and multivariate step-wise regression. Findings This study’s findings revealed significant clustering of corruption in the country with Rivers States as the only hotspot (I = 0.068; z = 2.524; p < 0.05), while domestic debt and market size were the state level significant predictors. Research limitations/implications Only bribery as a form of corruption was examined in this study, more studies are needed on the predictors of other forms of corruption. Practical implications This study recommends increased market competition through investment grants, subsidies and tax incentives to facilitate trade interactions among Nigerians, which can lead to exchange of cultural norms that discourage corruption. It is also advocated that domestic debt must be effectively and efficiently channelled towards economic development which in the long run will have a positive impact on the socio-economic well-being of the citizens as well as drive down corrupt practices. Originality/value Although the causes of corruption have received considerable attention in the literature, little is known on the geographical distribution and the effect of market size and domestic debt on corruption in Nigeria.


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