CBI - Ministry of Foreign Affairs Translating consumer trends for health products to natural...
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Transcript of CBI - Ministry of Foreign Affairs Translating consumer trends for health products to natural...
CBI - Ministry of Foreign Affairs
Translating consumer trends for health products to natural ingredients
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Objectives
Learn how to recognise trends
Learn how to determine which trends are of relevance to you
Learn how to translate trends into opportunities and threats and O&T into action
CBI - Ministry of Foreign Affairs
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From consumer trends to ingredient suppliers
CBI - Ministry of Foreign Affairs
Supplier TraderHealth
Products Manufacturer
Retailer Consumer
Supply chain ingredients for health products
Translate trends
Consumer trends on
the European market
What does it mean for you as a supplier?
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Consumer trends Health products
Societal change
Aging population
Rising healthcare costs
People-helping-people
Teas for health (homemade, herbal)
Definition of ‘health’
Lifestyle choices
Preventive
Natural
Organic
Non-Western traditions
Long-term use
Health problems
Obesity
Inactive population
Diabetes
Epidemics (flu)
Cognitive disorders
Dementia
Increasing vascular
problems
Joint health
Immunity
Digestive health
Stress and Anxiety
Content
Caffeine-free energy
Antioxidants
Omegas
Superfruit/superfood
Proteins
CBI - Ministry of Foreign Affairs
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Consumer trend research
Useful sources:
www.nutraceuticalsworld.com/
www.nutraingredients.com/
Associations:
Association of European Self-Medication Industry: www.aesgp.eu/
German Medicines Manufacturers Association: www.bah-bonn.de/
Tradefairs (online and offline)
www.biofach.de/en/
Health ingredients, natural ingredients: www.figlobal.com/hieurope/home/
SANA: www.sana.it
CBI - Ministry of Foreign Affairs
• Is this a trend you can build on?
“Buzzy” or “Solid”
Functional
Active health
Omegas(Beyond) Fair
Antioxidant
Organic
Superfruit/
superfood
ProteinsNatural
Lifestyle choices
Vegan
Ethnic / exotic
Unpacking the trends (1)
Homemade teas
CBI - Ministry of Foreign Affairs6
Work stress
Obesity
Dementia
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Unpacking the trends (2)
(How) should suppliers respond
CBI - Ministry of Foreign Affairs
Supplier TraderHealth
Products Manufacturer
Retailer Consumer
What trends exist on the market?
What or who are the drivers of the trend?
Who should respond?
Opportunities for suppliers or traders of ingredients?
Tips?
Brand owners
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Trends that may not “fit” suppliers (1/3)
Heart conditions (prescription drugs): natural only to prevent with healthy lifestyles!
CBI - Ministry of Foreign Affairs
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Trends that may not “fit” suppliers (2/3)
Heart conditions
Pains (e.g. headache): people want immediate and long-lasting pain relief
CBI - Ministry of Foreign Affairs
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Trends that may not “fit” suppliers (3/3)
Heart conditions
Pains (e.g. headaches)
Serious illnesses (e.g. cancer): natural only to prevent with healthy lifestyles!
CBI - Ministry of Foreign Affairs
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Trends that may “fit” suppliers?
Preventive
Non-Western traditions
Teas for health
Superfruit/superfood
Caffeine-free energy
Etc.?
CBI - Ministry of Foreign Affairs
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Preventive – On the market
CBI - Ministry of Foreign Affairs
Claims:
“…helps to promote good health”
“…to help overall wellbeing”
“…support a healthy immune system”
“Promotes health and wellbeing”
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Preventive – Drivers
Consumers are looking for healthy lifestyles to prevent illness
Prevent is easier, cheaper than to cure
Immune health supports overall health
Manufacturers want to innovate: respond with new products
CBI - Ministry of Foreign Affairs
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Preventive – Ingredients
Linked to other trends: antioxidant, immune health, digestive health, superfoods, stress & anxiety
Opportunity: ingredients that boost immune system, mainly in food supplements
Tips:
In your promotion: show how your ingredient supports or contributes to healthy lifestyles
Combine with other trends
Stress content of ingredient (antioxidants, vitamins etc.)
Be careful with claims!
CBI - Ministry of Foreign Affairs
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Non-Western rituals – Drivers
Consumers:
Increased interest in non-Western health systems (Ayurveda, TCM etc.)
Traditional use of plants
Globalisation / travel spreading rituals in cultures/countries
Manufacturers:
Tradition of use scientific testing
Used in marketing story
CBI - Ministry of Foreign Affairs
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Non-Western rituals – Ingredients
Opportunities:
Prominent role for MAPs in non-Western rituals
Ingredients with tradition of use in other cultures
Both food supplements and herbal medicine (scientific evidence)
Tips: Show in your promotion how ingredients are used in rituals:
Images of rituals/traditional use: how do people use it
Stress benefits: what do people use it for?
CBI - Ministry of Foreign Affairs
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Teas for health – Drivers
Consumers part of healthy lifestyle
Manufacturers use teas as opportunities to innovate
Focus on specific indications: slimming, relaxing, energizing, digestive health, etc.
Increasingly sophisticated marketing
CBI - Ministry of Foreign Affairs
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Teas for health – Ingredients
Opportunities:
Direct marketing (mostly Ayurveda/TCM)
Specific indication
Tips:
Develop marketing story based on indication/content/traditional use/certifications
For finished products: work on attractive packaging!
CBI - Ministry of Foreign Affairs
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Superfood/superfruit – Drivers
Consumers: want to live healthier lives, includes healthy diet
Manufacturers
Superfood and superfruit are marketing terms
CBI - Ministry of Foreign Affairs
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Superfood/superfruit – Ingredients
Opportunity: ingredients with healthy nutritional contents (antioxidants, vitamins and minerals, fatty acid profile)
Tips:
Find out what composition of your ingredient
Use it in your promotion
Use images in your marketing: fresh ingredient, origin
CBI - Ministry of Foreign Affairs
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Caffeine-free energy – Drivers
Consumers:
Caffeine-free energy perceived as healthier than coffee/caffeinated energy drinks
Fast-paced society: boost energy, for work/sports
Ageing population: natural health options to support active lifestyle
Manufacturers
New ingredients/applications to distinguish products on market
Multiple ingredients in food supplements for specific condition (e.g. botanicals with fruits and vitamins)
CBI - Ministry of Foreign Affairs
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Caffeine-free energy – Ingredients
Opportunities:
Only in food supplements!
Combination with vitamins/ minerals
Tips:
Stress that source of energy is caffeine-free
Be careful with claims!
CBI - Ministry of Foreign Affairs
“B vitamins support energy metabolismGreen tea extract”
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Exercise
Digestive health
Omegas
CBI - Ministry of Foreign Affairs
In groups
Find it “in the market”
What are the drivers?
What is the opportunity?
What would be your tip?