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HEALTH AND WELLNESS FOOD AND BEVERAGES TARGETING THE AGEING CONSUMER FOOD MATTERS LIVE
María Mascaraque, PhD
Food and Nutrition Senior Analyst
November 2017
© Euromonitor International
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Euromonitor International: Strategic global market research ABOUT EUROMONITOR INTERNATIONAL
TARGETING THE AGEING CONSUMER
CARDIOVASCULAR HEALTH
BONE AND JOINT HEALTH
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Population is getting older around the globe TARGETING THE AGEING CONSUMER
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Life longer but not healthier TARGETING THE AGEING CONSUMER
50
60
70
80
90
Asia Pacific
ye
ars
50
60
70
80
90
Australasia
ye
ars
50
60
70
80
90
Eastern Europe
ye
ars
50
60
70
80
90
North America
ye
ars
50
60
70
80
90
Latin America
ye
ars
Healthy LifeExpectancy at Birth
Life Expectancy atBirth Total Population
50
60
70
80
90
Western Europe
ye
ars
50
60
70
80
90
MEA
ye
ars
Healthy Life Expectancy versus Life Expectancy by Region (2016)
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Old is the new young TARGETING THE AGEING CONSUMER
Baby Boomers redefining ageing
Burgeoning market for "age management“
Holistic lifestyles
Adapting to the mature consumer
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Prevention outperforms treatment TARGETING THE AGEING CONSUMER
Global Healthy Nutrition Vs OTC: Food The Most Valuable To Health Prevention
0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000
2022
2017
2012
0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000
2022
2017
2012
0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000
2022
2017
2012
0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000
2022
2017
2012
2012/2017/2022 retail value sales rsp, USD mn, fixed 2016 exchange rates
OTC
VDS
HW Beverages
HW Packaged Food
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Functional food and drinks dominate demand for HW products TARGETING THE AGEING CONSUMER
0
50,000
100,000
150,000
200,000
250,000
300,0002
01
2
20
17
20
22
20
12
20
17
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22
20
12
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Asia Pacific North America WesternEurope
Latin America Middle Eastand Africa
Eastern Europe Australasia
Re
tail
va
lue
sa
les
(US
D m
illi
on
, co
nst
an
t, f
ixe
d e
xch
an
ge
ra
tes)
Health and Wellness Evolution at Regional Level 2012-2022
Organic
Free From
Naturally Healthy (NH)
Fortified/Functional (FF)
Better For You (BFY)
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Prime positioning in order to tackle ageing consumer
TARGETING THE AGEING CONSUMER
General Well-being USD366.1 billion
Weight Management USD127.3 billion
Digestive Health USD66.4 billion
Energy Boosting USD35.4 billion
Free-from
USD32.6 billion
Oral/Respiratory Health USD19.4 billion
Endurance USD19.1 billion
Bone and Joint Health USD15.8 billion
Cardiovascular Health USD8.3 billion
Vision health
USD5.4 billion
Brain Health and Memory USD5.1 billion
Immune Support
USD3.5 billion
Others USD0.99 billion
Global Retail Value Sales by Prime Positioning (USD billion) 2017
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Ageing-related positionings need reinvigorating TARGETING THE AGEING CONSUMER
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
2012 2017 2022 2012 2017 2022 2012 2017 2022 2012 2017 2022
Bone and Joint Health Cardiovascular Health Vision Health Brain Health and Memory
Re
tail
va
lue
sa
les
(US
D m
illi
on
, co
nst
an
t, f
ixe
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xch
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tes)
Performance of ageing related positionings
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Education is essential Movement towards naturally
functional
Health claims to support trust
Connect with the consumer
Key criteria to succeed in cardiovascular and bone health TARGETING THE AGEING CONSUMER
TARGETING THE AGEING CONSUMER
CARDIOVASCULAR HEALTH
BONE AND JOINT HEALTH
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Go for approved claims with a natural perception CARDIOVASCULAR HEALTH
Ingredients Linked with Approved Cardiovascular Health Claims by the European Commission
Omega-3 (ALA, DHA,
EPA)
Beta-glucans
Betaine Calcium Choline Folate Gluco-
mannan Guar gum
HPMC Linoleic
acid Monascus purpureus
Oleic acid Pectins Plant
sterols/ stanols
Potassium Reduced
content of SFA
Reduced content of
sodium
MUFA/ PUFA
Vitamin K Vitamin C Vitamin B6 Vitamin
B12 Walnuts Thiamine
Chitosan Iron Olive oil
polyphenols
Riboflavin (Vitamin
B2)
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“good for your heart”
“for a healthy heart”
“high in fibre”
“lower cholesterol”
Oats remain at the heart of new product developments CARDIOVASCULAR HEALTH
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Coca-Cola Plus to support health in the ageing population
CARDIOVASCULAR HEALTH
“Prevent the absorption of fat from meals, and restrain the
rise of blood neutral fats after meals”
“0 Calorie / FOSHU beverage certificated by Consumer
Affairs Agency, Government of Japan “
“Have a well-balanced diet”
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Heart health related ingredients to watch out CARDIOVASCULAR HEALTH
Chorella Spirulina
DHA extracted
from microalgae
Algae emerge as a great plant-based source of high-quality omega-3
Curcumin
Resveratrol dark
chocolate
Curcumin and resveratrol on the spot
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The “Heart Healthy Challenge” CARDIOVASCULAR HEALTH
Intended to encourage healthier eating and regular exercise with its
customers
Aim: Identify and highlight heart healthy items on the menus of its
partner restaurants
#chefshuttlehearthealthychallenge
TARGETING THE AGEING CONSUMER
CARDIOVASCULAR HEALTH
BONE AND JOINT HEALTH
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Education is key for bone and joint health positioning BONE AND JOINT HEALTH
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Any excitement in the bone and joint health positioning
BONE AND JOINT HEALTH
350
370
390
410
430
450
470
490
510
2012 2013 2014 2015 2016
USD
mill
ion
Leading Bone and Joint Health Juice Brands 2012-2016
Tropicana Minute Maid
Calcium for
healthy bones
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A plethora of ingredients can offer bone and joint health benefits
BONE AND JOINT HEALTH
Calcium Magnesium Phosphorus
Vitamin C Vitamin D Vitamin K
Zinc Manganese Protein
Xylitol Copper
Ingredients Linked with Approved Cardiovascular Health Claims by the
European Commission
Vitamin K2
Vitamin D
Nattō, cheese, butter, egg yolks
Cow milk, soy beans/soy milk, kale
Calcium
Kale, collard greens, broccoli, oranges, kiwis, figs, strawberries, dried prunes,
rhubarb, sesame or nuts
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Nutritious fruit/vegetable juices to target bone health BONE AND JOINT HEALTH
0
500
1,000
1,500
2,000
2,500
3,000
2017 2018 2019 2020 2021 2022
USD
mill
ion
NH Fruit/Vegetable Juice: Fastest Growing Countries at a Global Level 2017-2022
China Brazil India
RTD juices/blends
Inclusive of all ages
Naturally healthy
Clean label
Locally produced
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Moving bone and joint positioning beyond juice BONE AND JOINT HEALTH
Organic vegan paté
Organic vegan soups
Moringa set to be the new top superfood
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Engage with the consumer through emotional branding BONE AND JOINT HEALTH
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Key recommendations KEY RECOMMENDATIONS
Tailor marketing strategies to be more inclusive of all ages
Work on education to reinvigorate key ageing-related positionings
Focus on the naturally healthy trend
Engage with consumers through approved health claims and emotional perspective
THANK YOU FOR LISTENING
Q&A
María Mascaraque Food and Nutrition Senior Analyst [email protected] @MascaraqueMaria https://uk.linkedin.com/in/mariamascaraque