cb group 5
TRANSCRIPT
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PRESENTED TO:DR.URVASHI MAKKAR
PRESENTED BY:GROUP-5
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India is worlds second largest producer of food afterChina and has the potential of being the biggest withFood & gricultural sector.
he total food production in India is likely to be double innext ten years & there is an opportunity for largeinvestments in food industry especially in ackagedFoods, everages & oft rinks.
ealth food & supplements is another rapidly risingsegment of industry that is gaining vast popularityamongst health conscious people.
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Growth in package food industry - 8% - 9%.
Demand of Packaged Food in India In
India the demand for packaging goods hasbeen increased immensely, it is just becauseof: -
Increase in per capita income. Standard of living.
Purchasing power & Consumer Expenditure.
Source of Income of the family has beenincreased mainl in urban areas.
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Size - he size of packaged food market inIndia is estimated at $10 billion & is expected
to reach at $ 20 billion by 2014. roduct coverage - ready to eat products,
aby food, akeryproducts,Snacks/confectionary food etc
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Some of the key players in this industry are
L(tea, instant coffee,biscuits),
I C
STL (ready to eat product, instant coffee)
epsiCo & aldiram (sweets, namkeens,snacks).
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To determine the consumer preference
towards packaged food.
arious factor affecting consumer perception
towards packaged food.
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Research esign - escriptive research. Sample design is divided into four categories: - Sample nit - The sample unit of our study is all those
persons who are coming to retail stores, people whobuy package foods in CRregion.
Sample size - The sample size for the study is fifty. Sampling area - elhi, oida & Ghaziabad. Sampling Technique - Convenience sampling.
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Data Collection - There are 2 sources for data
collection : -
Primary source.
Secondary source.
The primary data was collected throughstructured questionnaire. s per our research
study we have collected primary data.
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Interpretations
The person for whom the respondants buy came out to be-
Myself-44% ,Family-5%,children-25%,Institutional
purposes/Social occasions-26%.
The type of packaged food genrealy bought.
Ready to cook food Bakery products-15%,Dairy products-
35%, Staples-36.5,Fruit drinks -13.5%etc.
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Interpretations
The store they preferred was
Kirana store-42.5%,organized retailsstore-57.5%.
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Crosstabulation age and categories to packaged foods..
Nutritional value.
Ready to c Bakery products
Dairy
products Stapels
Fruit
drinks.
Count 1 4 0 1 1017-21
Expecte
Count
11. 2. 2.9 2 4.1
Count 2 0 0 7 321-24
Expecte
Count
3.9 1. 1.0 2.7 1.4
Count 0 0 1
8
125-28
Expecte
Count
2.7 .7 .7 1.9 1.0
Count 18 4 4 9 4
age
>31
Expecte
Count
1.6 .4 .4 41.1 .5
Higher income groups buy most from staples and
dairy category,and lower in ready to eat and drinks
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Chi- r t
Value df
symp.Sig.(2-
sided)
earson Chi-S uare 79.84a 9 .01
ikelihoodRatio 66.8 9 .00
inear-by- inear
ssociation
.86 1 .35
N of Valid Cases 5
a. 12 cells (75.0) have expectedcountlessthan5.Theminimum
expectedcountis .04.
Monthly income and attitude for which we buying
At 5 level of significance Ho rejected hence there is
association between monthly income and attitude reflection.
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monthly incom * tt it d Cro t b l tion
attitude
strongly
agree agree neutra l disagree
storngly
dissagre
e
Count 0 0 3 2 0>10,000
Expecte
d Count
1.9 2.4 .3 .2 .1
Count 0 22 0 0 110,000-50,000 Expecte
d Count
8.9 11.3 1.4 .9 .5
Count 0 1 0 0 050,000-
100000 Expecte
d Count
.4 .5 .1 .0 .0
Count 17 1 0 2 0
monthly
income
100000-
500000 Expected Count
7.8 9.8 1.2 .8 .4
Count 19 24 3 2 1Total
Expecte
d Count
19.0 24.0 3.0 2.0 1.0
Crosstabulation-Monthly income & Attitude
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Ch Squa eTes s
Value df
A p.Sig.(2-
sided)
Pearson Chi-Square 93.788a 12 .02
Li elihoodRatio 84.70 12 .00 Linear-by-Linear
Association
31.80 1 .00
N ofValid Cases 49
a. 16 cells (80.0%)haveexpectedcountlessthan5.Theminimum
expectedcountis .02.
Chi square -Age & nutritional value
At 5 level of significance Ho rejected hence there is
Association between age group and nutrients re uired.
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Nutritional value.
strongly agree agree neutral dissagre
strongly
dissagre
Count 1 1 0 117-21
Expecte
Count
11. 2.9 2.9 8.2 4.1
Count 2 0 0 7 321-24Expecte
Count
3.9 1.0 1.0 2.7 1.4
Count 0 0 1 3 125-28
Expecte
Count
2.7 .7 .7 1.9 1.0
Count 18 4 4 3 2
age
>31
ExpecteCount
1.6 .4 .4 1.1 .5
Count 20 5 5 14 7Total
Expecte
Count
20. 5.0 5.0 14. 7.0
Cross tabulation Age vs Nutritonal value requirement
Hence, we can see that higher income groups stress mor
On nutritional value.
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Chi- r t
Value df
Asymp.Sig.(2-
sided)
earson Chi-S uare 61.74a 1 .00
ikelihoodRatio 60.8 1 .00inear-by- inear
Association
15.9 1 .00
N of Valid Cases 4
a. 16 cells (80.0 )have expectedcountlessthan5.Theminimumexpectedcountis .02.
Chi square-Monthly income vs brand value
At 5 level of significance Ho rejected ,hence there is
association between Brand value re uirement and
income group
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monthly incom * br nd v l Cro t b l tion
brand value
strongly
agree agree neutral disagree
strongly
disagree
Count 0 1 3 2 0>10,000
Expected
Count
1.8 2.0 .9 .1 .1
Count 1 18 3 1 010,000-
50,000 Expected
Count
8.4 9.4 4.2 .5 .5
Count 0 1 0 0 050,000-
100000 Expected
Count
.4 .4 .2 .0 .0
Count 17 1 1 0 1
monthly
income
100000-
500000 Expected
Count
7.3 8.2 3.7 .4 .4
Count 18 20 9 1 1Total
Expected
Count
18.0 20.0 9.0 1.0 1.0
Cross tabulation-Monthly income vs Brand value.
Hence,we can see higher income group strongly agree
they prefer packaged foods with high brand value or nam
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visulappeal
stronglyagree agree neutral dissagre
strongly
dissagre
Count 18 4 4 3 117-21
xpecte
Count
11. 2.9 2.9 8.2 4.1
Count 0 0 0 7 321-24xpecte
Count
3.9 1.0 1.0 2.7 1.4
Count 2 0 1 3 125-28
xpecte
Count
2.7 .7 .7 1.9 1.0
Count 0 1 0 1 2
age
31
xpecte
Count
1.6 .4 .4 1.1 .5
Count 20 5 5 14 7Total
xpecte
Count
20. 5.0 5.0 14. 7.0
Crosstabulation:Age & Visual appeal
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Total Variance Ex la ined
Initial igenva lues
xtract ion Sums of
Squared L oad ings
Rotat ion Sums ofSquared
Load ings
l
% of
Var iance
Cumulat
ive % Tota l
% of
Var ianc
e
Cumulat
ive % Tota l
% of
Var ianc
e
Cumulat ive
%
79 40.661 40.661 4.879 40.661 40.661 4.669 38.911 38.911
53 17.110 57.771 2.053 17.110 57.771 2.151 17.923 56.833
82 9.851 67.622 1.182 9.851 67.622 1.295 10.789 67.622
49 7.909 75.531
68 7.230 82.761
26 6.880 89.642
71 5.591 95.233
63 2.188 97.421
40 1.166 98.587
04 .868 99.455
35 .295 99.750
30 .250 100.00 0
ethod: Principal Component Ana lysis.
Factor analysis
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Rotated Component Matrix
a
Component
1 2 3
taste .910
variety .855
availability .787
cleanless -.456 .461
manufacturingdate .867 .182
advertisment .927brandambassador .965
nutritional value . .624
brandva lue .932
skuun it .466
promotional schemes .860
visual appeal .953
xtraction Method: Principal Component Analysis.
Rotation Method: Varimax ith KaiserNormalization.
a. Rotation converged in4 iterations.
Rotated Component matrix
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INTERPRETATION:-
67.622 of the total variance is explained by first three factors o
Hence decomposing all the factors into further sub headings.
F
actor 1(Brand Awareness)
Advertisment, Brand ambassdor,brand value, promotional
Schemes,visual appeal.
Factor 2(Product characterstics)
Taste,Variety, cleanliness
Factor 3(product Quality)
Product availability, manufacturing date, sku unit, nutritional valu
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Interpretations
Similarly there was found to be association between Gender and price . o
was rejected and hence association was there between gender and
pricing,Females were more price conscious.
There was no association between gender,income groups ,age groups and
variety,availability,cleanliness that is all of our respondents considered
variety,cleanliness and availability as an important factor for their buying of
packaged foods.
There came out to be no association between promotional schemes and age. ll
respondents buying was dependent on promotional schemes adopted bycompanies.
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The scope of research is confined only inghaziabad.
Sample size to be small.The limitation of time of the project this is
minimum.
The respondent always to hurry fill up thequestionnaire that can may be biased.
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Packaged food company should makeattractive packaging of the product.
Packaged food company need to choosefamous brand ambassador foradvertisement of the product.
xtra nutritional value should be added forconsumer attraction.
ostly target lower age group consumerwho are want to changed.
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