Nestle to cut salt content in Maggi by another 10%
Nestle isn’t the only food company that has been talking about tweaking products — to not only satiate palates of Indian consumers’ but also their newfound bias towards healthier products.
“This change is happening not only in the packaged food business but also across categories such as cosmetics,” said Arvind Singhal, founder of retail consultancy Technopak. “There is a consumer backlash against products that are perceived to have higher content of sugar, salt and chemicals. There is a definite consumer shift towards products that have natural and Ayurvedic properties.”
And Nestle isn’t the only food company that has been talking about tweaking products — to not only satiate palates of Indian consumers’ but also their newfound bias towards healthier products.
Global food and beverage giants Coke and PepsiCo were some of the first companies to jump on to the health bandwagon. While PepsiCo has chalked out a strategy to shift its business away from colas to premium food products, Coke has pledged to reduce sugar content across its portfolio.
Even junk food companies have been proactive. Recently, multinational fast food chain KFC chose rice bran oil over palm oil to fry its products in India. Similarly, Gunjan Shah, VP of sales at Britannia, said there is increased demand for fortified food. “For instance, we have seen traction for bread that is fortified with vitamins.”
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.