Business Standard

Monday, January 06, 2025 | 08:26 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Marketing to kids is no child's play

The kids segment in food & beverage offers opportunity of over Rs 19,000 crore in India by FY21

Image
Premium

Pankaj Gupta
Food and beverage (F&B) categories such as biscuits, fruit drinks, savoury snacks and packaged curd have seen tremendous growth in the last few years. While these categories have national as well as regional and local brands, national brands outshine the rest with huge marketing budgets, aiming for dominant market share. This necessitates smaller players to find innovative ways to differentiate themselves to gain a strong footing. While premiumisation, health and wellness and gifting have been tried, an underdeveloped route is through segment-specific product development, especially targeting kids.

In the US, products targeted at kids form four per cent of all F&B,
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in