Kellogg's, Amul and GSK bullish on food for fair sex
If food companies in India were looking for a fair deal, they seem to have found one. While women have been a preferred consumer constituency for beauty and fashion majors, now food majors such as Kellogg’s, Amul and GlaxoSmithKline have begun to ...
Leveraging on the growing concern about health & nutrition among Indian women, FMCG companies are aggressively pushing niche products to address specific needs of this consumer segment.
While Kellogg’s brought its flagship brand Special K to India last week, Amul has launched its CALCI+ milk and GlaxoSmithKline (GSK) introduced its Women Horlicks. Sources say, Nestle has similar products in the pipeline.
Positioned to enhance the nutritional level in a woman’s diet, these products promise high-quality ingredients. While Amul Calci milk offers a fat-free and calcium-enriched milk for pregnant women, Kellogg’s $1.5-billion flagship brand Special K is targeted at the platform of wealth management.
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“It is important for a product to functionally deliver all essential minerals,” says Kellogg’s India managing director Anupam Dutta. “For the 12 crore obese urban women, Special K will be a tasty solution to keep a check on their weight.” For GSK, Women Horlicks is a solution to perennial problems like anemia, osteoporosis and other health related problems.
According to Shubhajit Sen, vice-president, marketing, GSK, it is an appropriate time to come out with products for women since their role is dramatically changing and nothing specific is available in market to address their ever-changing demands. “We see a huge opportunity in coming out with ‘women only’ products in food and beverage segment,” he says.
“We are positioning the drink for health-conscious women across socio-economic classes who face similar problems.” While GSK also offers a ‘women only’ health drink variant, Mother Horlicks, targeted at pregnant women, it is a prescription-led unlike Women Horlicks which sells over-the-counter.
Though companies may not want to admit, analysts believe such differentiated niche product with higher perceived nutritional appeal allows them to charge a premium. “While for us it is not a mode to charge extra price, but it’s true that value addition does command a reasonable premium,” agrees GCMMF marketing head, R.S. Sodhi.
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