international marketing- indian spice industry
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Transcript of international marketing- indian spice industry
INDIANSPICE
INDIAN SPICE INDUSTRY 1998 registered exporters 364 manufacturer exporters 100 exporters (5%) contribute over 80%
of exports 98 units with in-house laboratories 16 spice house certificate holders
5 units certified under iso 9000
Indian spices logo provided to retail/institutional packs
55 spice brands registered with the board
INTRODUCTION Spices form an important part of
virtually all recipes in all cultures, not only for their flavor and seasoning of foods but also for their numerous medicinal values
The demand of Indian spices is high in the global market due to their rich aroma, texture, and taste
The major importers of Indian spices are the US, China, the UAE and Malaysia
LIST OF MAJOR SPICES• Pepper Corns • Ginger• Turmeric• Red Chillies• Cardamom (Green)• Cumin Seeds• Cloves• Cinnamon• Nutmeg• Coriander• Fennel
QUALITY CERTIFICATION SYSTEM
AWARDED TO PROCESSOR EXPORTERS HAVING EXCLUSIVE FACILITIES FOR MEETING PRESCRIBED STANDARDS OF QUALITY PROCESSING
AWARDED TO EXPORTERS OF SPICES INCLUDING MERCHANT EXPORTERS OF BRANDED CONSUMER PACKS/INSTITUTIONAL PACKS
TOTAL SPICES EXPORT FROM INDIA (MT)
2009-10 2010-11 2011-12 2012-130
100000
200000
300000
400000
500000
600000
700000
800000
502750525750
575270699170
9.41%21.53%
4.57%
COUNTRY WISE ORGANIC SPICES EXPORT FROM INDIA (MT)
USA
Germany
Nethe
rlands UK
France
0100200300400500600700
432
204
42 31 16
640
474
16257 18
2012-132013-14
WHY MALAYSIA
It imports spices on a large scale.
There is a greater demand for Indian spices. The population of Malaysia is 27544000.
Its density is 82 per sq.km the population consists of 62% Malays, 24% Chinese, 8% Indians.
SEGMENTATION
GEOGRAPHICThe population of Malaysia is
27544000. Population distribution is
uneven, with some 20 million residents concentrated on the Malay Peninsula.
Malaysia has extensive roads that connect all major cities and towns
MALAYSIAN BEHAVIOURAL
BEHAVIOURAL (food habit)Malay FoodChinese Food Indian FoodHawker FoodNyonya FoodBreakfast
PRODUCT & PRICE
PEPPER – 700/KG CARDAMOM – 1560/ KG CHILLI - 1563/KG TURMERIC – 120/KG CUMIN SEEDS - 170/KG CORIANDER - 115/KG CLOVES - 900/KG SAFFRON - 203250/ KG GARLIC – 150/KG
PROMOTION
To tie up with the most reputed hotels of Malaysia like –• Swizz Garden hotel
• Dersott Regency hotel
• New Millenium hotel
• Renaissance hotel
Promotion through retail chains throughout the place of launch.
Advertisements through media such as –• News papers
• Magazines
PACKAGING
As all spices are organic, food fungus tends to set into them easily. The spice powders are desiccated, i.e dehumidified and dried by heavy dehumidifying machinery and then put into air and water tight plastic bags after being carefully weighed .
Our emphasis has always been on "A" Grade quality raw materials, that are meticulously inspected from the country's best fields. The cleaning , roasting and blending is carried out in a fully automated plant. We have our own Quality Control laboratory for the scrutiny of quality. The quality of raw materials, proportions, blends must meet the authentic standards set by the company.
DISTRIBUTION
The distribution system for spices is very complex, encompassing systems for finished product and domestic processing, shipping, and marketing. The most common channel of spice distribution in Malaysia is through retailer and wholesaler.
STRENGTH Wide range of products and assortments
available in mono cartons / sprinkler packs / pouches that are easy-to-carry and use
Needed less for cooking as they don’t contain fillers
Low Temperature Grinding (LTG) prevents evaporation of volatile oils and delicate oils from spices
Retains original aroma that gives authentic flavor to the food
Good availability at most popular retail chains
WEAKNESS
Many similar options available hence brand switching it high
OPPORTUNITIES
‘Indian spice’ is popular in North and Central India. With its cultural specific new products like Sambhar Masala, Fish Masala can establish itself in other parts of the country
Promote at 5-star hotels, top-notch caterers
Export ‘Indian Spice’
THREATS
Health conscious people preferring less spices
Entry of international brands
PROMOTION OF INDIAN SPICE BRANDS ABROADProduct and Packaging
Development and Bar Coding
Brand Promotion
ISO/HACCP certification
INFRASTRUCTURE REQUIREMENTS Organic fumigation Chambers (Optional) Seed Cleaning Line Grinding Line/ Mill Steam Sterilizer Vacuum Sealing Machine Metal Detector Adoption of Hi-Tech in Spice Processing Setting-up/up-gradation of in-house quality
control laboratory Quality certification, validation of check
samples and training of laboratory personnel
TRADE PROMOTION
Sending Business Samples Abroad
Printing Promotional Literatures/Brochures
Packaging Development and Bar Coding for promoting spices and spice products
PRODUCT DEVELOPMENT & RESEARCH Utilization of the services of national
or international research institutes for developing new spice products/applications or for establishing traditional and non-traditional values.
In-house research programmes by entities with sufficient infrastructure facilities.
Clinical trials to establish and validate therapeutic properties of spices through reputed third parties.
Patenting and product registration in consuming countries.
INTERNATIONAL TRADE FAIRS/MEETINGS
Participation in International fairs/exhibitions
Participation in International meetings/seminars is assisted for market expansion.
DOCUMENTATION FOR REIMBURSEMENT OF ASSISTANCE TO EXPORTERSName of the traveler Ticket number Flight No. Date of departure from IndiaSectors/countries visited Class in which traveled Economy excursion class fare for
sectors/countries visited.
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