Coimbatore Town Demographic Breakdown

Download as pdf or txt
Download as pdf or txt
You are on page 1of 11

www.ijcrt.

org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882

A STUDY ON FIDELITY OF CONSUMER ON


HEALTH DRINKS WITH REFERNCE TO
COIMBATORE TOWN
Arjun Prakash .K.S, Final year, B.com, Department of commerce
Dr.M.P.Kumaran, Assistant professor, Department of commerce
Dr.N.G.P Arts and science college, Coimbatore - 48

ABSTRACT

Indian health drinks market is one of the fastest growing markets in the world. India has the second largest
population in the world, with diversified food habits. Such a vast population and diverse eating habits make India
one of the most attractive retail destinations across the globe. Increasing purchasing power, changing lifestyle,
growing nuclear families and influence of western culture are the key drivers of the Indian food and drinks market.
There is an ever-growing need for nourishment and energy in today’s fast-paced world. Who can resist a steaming,
hot drink which promises to energize, nourish and refresh? The need for nutritional supplementation is all the
more relevant for kids.

KEY WORDS – style, performance, customer satisfaction.

INTRODUCTION -

Health drinks have emerged as the most profitable and growing segment of the overall so ft drinks industry
in the world. Unlike carbonated drinks, whose sales are declining the sales of health drinks have been growing
since some time. When compared to the other food supplements health drinks stands the topmost of any other
thing in this world. A recent survey tells that more than food supplements, consumer prefer health drinks.
This is because the food supplements have side effects and on the other side, there i no such kind in the
increase of the health.

Indian health drinks market is still in infancy due to the lack of awareness among the population.
GLAXOSMITHKLINE (GSK) with – Horlicks, boost is the leader in Indian health drink market.
The world’s largest malt –based drinks market, accounts for 22% of the world’s retail volume sales.
These drinks are traditionally consumed as milk substitutes and marketed as a nutritious drink mainly
consumed by the old, the young and the sick. The health food drinks category consists of white drinks
and brown drinks. South and east India are the largest marketers for these drinks, accounting for the
largest proportion of all India sales.
IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d46
www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882

White drinks accounts are two third of the market. White drinks accounts for almost two third of the
market .GSK consumer healthcare is the market leader in the white malt beverages category in the
market. HEINZ’S complan comes in second in market. Market leader GSK also owns other brands
such as Boost, Malt ova and Viva. Currently, brown drinks (which are coco-based) continued to grow
at the expense of white drinks like Horlicks and complan. Cadbury’s bournvita is the leader in the
brown drink segment in the market. Other significant players are Nestlé’s Milo.

MAJOR PLAYERS IN THEMARKET:

• Horlicks

• Boost

• Complan

• Bournvita

STATEMENT OF THE PROBLEM:

Generally most of the consumers purchase on particular brand health drinks for various reasons like
UNIQUENESS (flavour, taste, price, availability and the offers available) or TOBE LOYAL to the
product. There searcher wants to know which factor will affect the purchase of the health drinks.

OBJECTIVES OF THE STUDY:

• To find out the different products of health drinks.


• To find out the market share of health drinks products.
• Study of people choice among various health drinks products.
• To find out the customer satisfaction about the health drinks products.
• To find out the availability of products.
• To find out the effect on advertisement on product.
• To find out the difference in price structure of various health drinks available in market.

SCOPE OF THE STUDY:

• The present study is confined to Coimbatore city and the following familiar brand shave been
selected such as Horlicks, boost, complan and bournvita by considering the market share.

• It is an emotional study which is primarily concerned with satisfaction of malted food product
consumers. This study is also extend to analyze the various factors affecting purchase of health
drinks.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d47


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882

REVIEW OF LITERATURE:

Sukhwinder Singh (2014) in their study on “A study on consumer preference towards health food
drinks” says that the India each state is equivalent to a country with its specific socioeconomic level.
Different ethnic groups ad habits, health, infrastructure and communication facilities. Thus the
nutritional status of the population shows significant variation between states it results
fromavaryingfactors.Inthelast20years there have been no significant changes in patterns of the intake.
Cereals remain the staple food in India providing most of the energy intake. Since the consumption of
foods like pulses ,roots , and tubers has fallen , while those of the foods like sugar “jiggery”(unrefined
brown sugar), fats and oil and green leafy vegetables haves lightly increased.
Sukhwinder Singh, International journal of advanced research in computer science and software
Engineering ,Volume4,Issue3,March2014ISSN:2277128X.

Ali Mirarab, ACSIJ Advances in Computer Science: an International Journal, Vol. 3, Issue 2, No.8,
ISSN: 2322-515

NidhiVishnoi Sharma(2013) in “A study on consumer perception towards health drink


packaging” says that healthy living is already become concerned in today’s society. According
to many studies, people are also increasingly reflective in matters of health and willing to adopt
health oriented changes in their eating habits. This change of habits creates a new opportunity
in food and drinks industry especially for healthy drink products. The intense competition
between healthy drinks product made consumer is faced with large number of choices. It will
be better for the producers to know consumer perception towards healthy drinks packaging
design to overcome the competition.
Aw Yoke Cheng (2013) in their study on “Consumer preference towards micro pack
FMCG products” food labels are the prime channel for information dissemination between food
producers and retailers and the WHO food labels play an important role by disseminating
important nutritional information to consumers. Initially, food labeling was limited to food
name, quantity ,price and identity of the manufacturer information on label.

Feng Tian(2013) in their “study on consumer brand preference towards health drink products”
says that the in the competitive environment .Marketers are finding it difficult to create and
retain customers for their product. Health food drinks products have entered the global market
with the past years and rapidly gained market share. The basic purpose of this research paper is
to identify the various factors influencing for preferring their brands. Paper also attempts to
determine the source awareness and level of satisfaction of the consumers. To develop
conclusions explanatory and descriptive research designs are used. Primary data is collected
with the help of questionnaire method and data is analyzed with the help of various statistical
techniques.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d48


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882

Niranjanamurthy M (2013) in their “study on emotional brand loyalty toward consumer


health drinks” says that dominant point of view in consumer behaviour (1997). Although
consumers do not always seek information active, they do receive more information.

Higgins, John, Babu, Kavita, Deuster, Patrica, Shearer, Jane(2018) has distinguished that
energy drinks ought to be devoured in a limited way and has additionally said that not to be
consumed for the execution or hydration before practice.
DongmunHa,Inmyungsong,Gyeongil Jang ,Eui- kyungLee,Ju-young Shin(2017) designed at
the use of highly other additives. The study is conducted among 833 Korean adolescents , and has
responded to the Questionnaire. The study is about the benefit and about the risk involved in it.

Dr.Sandip G. Prajapati (2017) has found that television advertisements has increased the
consumption levels for Health drinks and have taken from 200 samples in Vadodara city, The
concludes that children are addicted to it more.
Wiggers D Ried JL White CM,Hammond(2017) has analyzed the usage of energy drinks by the
customers The study was conducted 12-24 years age group .chi square and anova Was used in the
study. Identified that the consumption of health Drinks has gone high.
DATA ANALYSIS –
PREFERED HEALTH DRINKS OF THE CUSTOMER
PARTICULARS No. OF RESPONDENTS PERCENTAGE

HORLICKS 29 19.3%

BOOST 48 48%

BOURNVITA 44 29.3%

COMPLAN 16 10.7%

PEDIASURE 1 0.7%

MILO 4 2.7%

WHEY protein powder 8 5.3%

TOTAL 150 100

SOURCE: QUESTIONNAIRE INTERPRETATION:

The above table shows that 19.3% of the respondent’s chooses Horlicks; 48% of the respondent’s chooses boost;
29.3% of the respondents chooses bournvita; 10.7% of the respondents chooses complan; 0.7% of the

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d49


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
respondents chooses pediasure; 2.7% of the respondents chooses milo; 5.3% of the respondents chooses WHEY
protein powder.

Majority of the respondents are choosing boost (48%).

WHAT ARE THE FACTORS THAT ARE CONSIDERED ATTRACTIVE IN HEALTH DRINKS

PARTICULARS No. OF RESPONDENTS PERCENTAGE

PACKAGING 54 36%

BRAND IMAGE 66 44%

ECONOMY 12 8%

FLAVOUR 18 12%

TOTAL 150 100

SOURCE: QUESTIONNAIRE INTERPRETATION:

The above table shows that 36% of the respondent’s chooses packaging; 44% of the respondent’s chooses brand
image; 8% of the respondents chooses economy; 12% of the respondents chooses flavour.

Majority of the respondents are choosing brand image (44%).

AVERAGE AMOUNT OF COST FOR THE HEALTH DRINKS


PARTICULARS No. OF RESPONDENTS PERCENTAGE

BELOW 500 62 41.3%

500-1000 66 44%

1000-2000 13 8.7%

ABOVE 2000 9 6%

TOTAL 150 100

SOURCE: QUESTIONNAIRE INTERPRETATION:

The above table shows that 41.3% of the respondent’s chooses below 500; 44% of the respondent’s chooses
500-1000; 8.7% of the respondents chooses 1000-2000; 6% of the respondents chooses above 2000.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d50


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
Majority of the respondents are choosing 500-1000 (44%).

SATISFACTION LEVEL OF CUSTOMERS

FACTORS 1(5) 2(4) 3(3) 4(2) 5(1) TOTAL RANK

Nutritional value 131 16 3 0 0 150 I

655 64 9 0 0 728

Taste 32 112 6 0 0 150 IV

160 448 18 0 0 626

Composition 97 43 10 0 0 150 II

485 172 30 0 0 687

Immunity 40 104 6 0 0 150 III

200 416 18 0 0 634

INTERPRETATION –

The above table shows the satisfaction level of customers on health drinks.

Nutritional value is given as I RANK by the respondents; composition is ranked as II; Immunity is ranked as
III; Taste is ranked as IV.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d51


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
RATING FOR THE FOLLOWING SOURCES OF INFORMATION USEFUL FOR PURCHASE DESICION

FACTORS 1(5) 2(4) 3(3) 4(2) 5(1) TOTAL MEAN


SCORE

TV 109 9 8 9 15 150 4.253


ADVERTISEMENTS
545 36 24 18 15 638

NEWSPAPER 15 96 18 9 12 150 3.62

75 384 54 18 12 543

MAGAZINES 17 90 23 8 12 150 3.613

85 360 69 16 12 542

WORD OF MOUTH 27 77 21 11 14 150 3.613

135 308 63 22 14 542

MEDICALLY 76 27 27 9 11 150 3.986


PRESCRIBED
380 108 81 18 11 598

INTERPRETATION -

The above table justifies the benefits of health drinks. The highest mean score or average is 4.253 for the factor
of rating of the customers on the health drinks.

FINDINGS - PERCENTAGE ANALYSIS –

 Majority 63.3% of the respondents are male.


 Majority 60.7% of the respondents are from 20-30 years.
 Majority 46.7% of the respondents are PG graduate.
 Majority 88% of the respondents are unmarried.
 Majority 62.7% of the respondents are students.
 Majority 58% of the respondents chooses 1-2 lakhs.
 Majority 69.3% of the respondents are from urban.
 Majority 84% of the respondents are from nuclear family.
 Majority 68% of the respondents are between 4 – 6 members.
 Majority 84.7% of the respondents chooses yes.
 Majority 32% of the respondents chooses boost.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d52


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
 Majority 48.7% of the respondents chooses 2 persons.
 Majority 49.3% of the respondents chooses important.
 Majority 53.3% of the respondents chooses once in a month.
 Majority 68.7% of the respondents chooses sometimes.
 Majority 43.3% of the respondents chooses purchase another brand.
 Majority 47.3% of the respondents chooses important.
 Majority 44% of the respondents chooses brand image.
 Majority 54% of the respondents chooses satisfied.

 Majority 44% of the respondents chooses 500-1000.

RANK ANALYSIS –

 Nutritional value is given as I RANK by the respondents; composition is ranked as II; Immunity
is ranked as III; Taste is ranked as IV.

 Benefits is given as I RANK by the respondents; energy is ranked as II; activeness is ranked as
III; strength is ranked as IV; nourishment is ranked as V.

WEIGHTED AVERAGE –

 The above table justifies the benefits of health drinks. The highest mean score or average is 4.253
for the factor of rating of the customers on the health drinks.

SUGGESTIONS
 Consumer should be aware of the health drink brands prevailing in the market.
 Consumer should be aware there as onto purchase any particular health drink brand.
 Consumer should know the benefit on the consuming health drinks.
 Consumer should analyze all possible factors before purchasing health drinks.
 Consumer should compare the brands so that they would get a better knowledge about the
particular brand.
 Consumer should take advices from a nutritionist before consuming particular health drink.
 Consumer should be aware of the uniqueness of the health drink brand purchased.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d53


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
CONCLUSION:

While emphasizing on distinct labelling and packaging in different packs, Horlicks products
are created by keeping the nutritional requirements of different age group in mind. From infants
to kids, youth and adult, nursing mothers to middle-aged mothers and aged people –the
extensive range of products are thoroughly appealing. Boost has proven its market credibility
in the highly competitive Indian HFD market where there is choice available for the consumers.
With independent scientific data available to back up its claims of providing more stamina and
adequate all-round nutrition to its target segment of kids between six to eighteen years, the
health food drink is assure choice of many satisfied parents for the last five decades of its
existence. The future of Boost also looks bright under new HUL management, who are poised
to become the major stakeholders of the lucrative health food drinks market on India with
around 60% share in the overall revenues. HUL’s strong distribution network can help Boost
reach out to new markets, where it has the opportunity to impress more customers with its
proven credentials of taste and nutritive value .In this modern world, Complan can provide
nutrition for all the family. The busy lifestyles can mean that people or children often
missregular meals and they snatch something to eat on the run. In that case, Complan is highly
recommendable for them as it is a practical and simple way to achieve the nutritional balanced
diet for them. It is a fortified and trusted nutritional supplement, Which provides protein and
energy to the body. It is a pack of 24 minerals and vitamins that people need in daily life. Around
2 million people in UK are undernourished and are affected by obesity. It also helps to maintain
diet in obesity. If you need to fortify your meals, it provides essential vitamins, proteins,
carbohydrates and minerals. There are many reasons why human body need nutritional support.

It is important to stay fit, healthy and active. So making ‘Complan’ a part of your health
management is a great option. A Complan family is a happy family! Thus from this research
the researcher concludes that the recent market scenario is changing day by day. Thus the
marketers as well the consumer are opting for uniqueness in the product used. The marketers
as well the manufactures should be keen in developing that one salient features that would
involve the consumers to want to purchase the particular brand and to retain the consumers
fidelity.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d54


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
REFERNCES-

 Consumer preference and perception over TVSjournalno44156164317

 K.NNandhakrishnanR.Subramanian,corporatereports– TVSSuzuki,BusinessIndia,issueno392,
March15-20

 M.Y khan &P.k Jain (1985) “Management Accounting & Financial Management’’- Tata mc. Graw
hill publication.

 SatishInamadar(2004)“principalsoffinancialmanagement”- Everestpublishinghouse.Bhabatosh
Banerjee (1998) “Financial
policy & management Accounting”-
prentice hall of India. Rathnam`s Finance Analysis– Kitabmahal publications

 Ravi&Kishor(2001)“Financia lManagement”–vikaspublishinghouse.

 Professor I.M Pandey (2002) “Management Accounting & Financial control” – sultan Chand
&sons. Prassana Chandra (1996) “Financial
management theory & practice”- Tata McGraw Hil
lpublication BidyutjyothiBhattacharjee,(2010)“Determinants of capital structure of
Indian industries.“Indian journal ofcommerce.VOL.63.

 Higgins, John 2018, Acsm Health And Fitness Journal, Doi


10.1249/Jsr0000000000000454.

 Dr. Sandip G Prajapati2017, International Journal Of Management And Social Sciences. Issn 2455-
2267, Vol 07

 Wiggers D, Reid Jl, White Cm, Hammond, 2017,American Journal Of


Preventive Medicine, Doi 10.1016/J .Ampere. 2017.05.02
 Health Effects Of Energy Drinks On Children And Adolescents And
Young Adults, Sara M Surgery, Judith L Schaechter, Engine R
Hershoreis, Doi 10.1542/Peds.20093592 Volume No 127 Pediatrics - American
Journal

 Subin Park, Yeeun Lee, Junghyun H Lee, Nutritional Journal, Association Between Energy Drink
Intake, Stress In Korean Adolescents, Doi
10.1186/S12937-016-0204-7

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d55


www.ijcrt.org © 2021 IJCRT | Volume 9, Issue 5 May 2021 | ISSN: 2320-2882
 DrKk Dave, Rachna Paliwal,2016 International Journal Of Management
And Corporate Affairs, Volume 2 ,Issue 5, Issn - 2455- 1473. A Study On Consumer
Perception On Malted Health Food Drinks In Udaipur City

 Farouk El Sabban, Ecology Of Food And Nutrition, Assessment Of Nutrition Knowledge And
Related Aspects Among Kuwait University Students, Do I 10.1080/03670244.2011.552376

 Ahmed A Alumni, 2015 Effect Of Energy Drink Before Exercise On


Indices Of Physical Performance In Untrained Female, Saudi Medical
Journal, Do I - .10.15537/Smj2015.5.1141

 Jennifer O Dea,2016., Health Education Research, Vol 18, Issue No 1,Doi 10.1093/Her/18.1.98,
Consumption Of Nutritional Supplements Among Adolescents.

 Bm Journal, Myocardial Infarction In A Young Adult Following The


Consumption Of A Caffeinated Energy Drink, 2011, Do I
10.1136/Bcr.622011.3854.

IJCRT2105334 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org d56

You might also like