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Transcript of CIFT
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CHAPTER 1
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C H A P T E R 1
I N T R O D U C T I O N
Consumer behaviour in the world of marketing is very necessary to judge for the success of the
product. Ready-to-eat food especially market segmentation based on food-related lifestyles can
be applied to develop proper marketing strategies.The corner stone of every marketing strategy
is the buying behaviour of the consumer and the behavioural pattern of the consumer towards
particular product. So, in order to sell the product in the market it is necessary to know the
consumer behaviour towards the product and than frame the marketing strategies accordingly
The relevance and importance of understanding the consumer behaviour is rooted in the modern
marketing concept it means that the manufacturers attention has switched over from the
products to the consumers and specially concentrated on the consumer behavior, the
manufacturers possess no control over the behaviour of consumers.A careful study of consumer
behaviour will facilitate the marketer in determining the size, form, style, color, package, brand
etc. In this project an attempt has been made to study the various factors which affect the
consumers while they purchase branded Prawnoes.
Ready to Eat Products.
Ready-to-eat Snack Food Industry is a potential market with consumers not being brand
loyal there is always a scope for new entrants with new innovative products. Consumersgenerally like to try new products emerging in the markets.
Prawnoes, is the first Prawn Flavored Ready-to-eat Snack Food. Usually, extruded products are
prepared using flour , which have less protein content and are limited in some essential
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amino acid . By incorporating protein rich Prawn Flavor, the product is enriched snack
food.
The Promoter is young educated entrepreneur. She intends to start a Food Products
Manufacturing Unit at Industrial Development Area, Aroor Panchayath in Alleppey
District. She is a social worker and having contact in the society and credibility in the
locality besides an Industrialist
The extruded food products that are currently available in the market are prepared using
cereal flour, which have less protein content and are limited in some essential amino acids. Fish
is an ideal health food as it is high in protein and low in fat and calories. Fish and fish
based products are gaining more importance among the present population due to its
nutritional health based advantages.
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CHAPTER 2
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C H A P T E R 2
I N S T I T U I O N A L P R O F I L E
The Central Institute of Fisheries Technology (CIFT)
The Central Institute of Fisheries Technology (CIFT) set up in 1954 is the only national center in
the country where research in all disciplines relating to fishing and fish processing is undertaken.
The institute started functioning at Cochin in 1957. The institute has stick on mandates like
conduct basic, strategic and applied research in fishing and fish processing, develop designs for
fuel efficient fishing vessels and fishing gear for responsible fishing, develop technologies for
commercial isolation of bioactive compounds and industrially important products from fish and
fishery wastes, design innovative implements and machineries for fishing and fish processing
and pilot plants for facilitating commercialization of technologies developed, advanced research
in food safety in fish and fishery products and provide training and consultancy services in
fishing and fish processing.
By incorporating fish mince along with cereal, CIFT has produced a fish based protein
enriched and delicious extruded snack food product, PRAWNOES (Fish Kure). This
nutritious and delicious snack provides alternative to the high fat and low-protein
convenience store snacks. The rapid economic and population growth is set to fuel
expansion of the snack food industry in India and the extruded food like Prawnoes can
likely become highly poloraised between premium and economy offerings.
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Prawnoes flavours
Ingredients details of available snacks in the market
Prawnoes Contents
Rice meal, corn meal, Refined vegetables oil, salt, spices condiments(chilly powder, black
pepper powder, turmeric powder, fenugreek powder, permissible identical shrimp and onion
flavor and seasonings, acidity regulators(E330) Anti caking agent(E551) and anti oxidant(E3000
contain
Lays
Potato, vegetable oil, milk solids, Refined sugar, Salt, Tomato powder, spices condiments,
capsisum powder,Garlic powder, Pepper powder, Ginger powder, clove powder, cinamamon
powder,wheat, fiber,dextrose, citric acid, tartaric acid.
Cheetos
Maida, edible vegetable oil, starch, sugar, salt, potato powder, spices condiments, Garlic powder,
onion powder, chili powder, Tomato powder, citric acid.
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Kurkure
Rice meal, edible vegitable oil,corn meal, Gram meal, Starch, spices and conments,onion
powder,chilli powder,coriander seed powder, amchur powder, Garlic powder, ginger powder,
blackm pepper powder, Turmeric powder, spices extract,fenugreek leaf powder, salt,sugar, black
salt, Tomato powder,Citric acid ,Tartaric acid, dextrose, Milk solids
Bingo
Potato, Edible vegetable oil, milk solids, Refined sugar, dextrose, Iodised salt, Dehydrated
vegetable powder, spices & condiments(Dried parsley leaves, soya sauce, cheese powder,
Acidity regulation, Anti caking agents, flavour enhancer,
CIFT-ZTM-BPD
The Business Incubation Centre (BIC) managed by the ZTM-BPD Unit supports operations on
business projects as a measure of enhancing the foundation for new technology based industries
and establishing a knowledge-based economy. It focuses on finding new ways of doing business
in fisheries and allied agricultural fields by finding doors to unexplored markets.
The Incubator at CIFT differs from traditional Business Incubators as it is tailored specifically
for technology based industries and is operational at an area with a high concentration of fish
production
This industry-specific incubator also allows new firms to tap into local knowledge and business
networks that are already in place. BIC offers their services to industries not only in Cochin, but
also all over India through virtual incubation.
Beyond promoting business growth, the Centre is also trying to bring its benefits to all the
fisheries communities in India.
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CHAPTER 3
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C H A P T E R 3
O B J E C T I V E S & M E T H O D O L O G Y
OBJECTIVES
To ascertain the awareness of consumers towards the snacks
To check the consumer accessibility to the product.
METHODOLOGY
Here mainly deals with exploratory research. The research was done with the main aim to find
the following
To find out the opinion and satisfaction of the customers after using the products of
CIFT.
Questionnaires Design Process
Using Primary and Secondary data
Data Collection by Survey Method.
Gathering Distributors details
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CHAPTER 4
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C H A P T E R 4
R E S U L T S & D I S C U S S I O N
The survey conducted as three phases to explore more about snacks accessibility among the
consumers. On the first part tried to study about the snacks consuming. The second phase
designed to improvement the product sale in market. Finally the last phase helps to explore the
product accessibility among the consumers. Results are follows
Phase I Survey
Phase I Surveyshowing the snack consuming interest among the people
The first phase of the survey is connected with income, age and education of the consumers .On
the first phase of the survey revealed that most of the people showing interest to snacks
especially to Prawn flavours.
230
240
250
260
270
280
290
Snack consuming Consuming all
kind of snacks
Like Prawn
Snacks
N
o.o
fpeople
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Phase II Survey
The second phase survey has concentrated on Prawnoes Snacks. This phase is also a critical one
because of product accessibility factors are revealing on the same. This survey explored that
most of the people like prawnoes based on flavor, Packaging and Taste. However the main thing
revealed that the product should be improving the taste. Consumer suggestions are follows..
Consumer interesting factors of Prawnoes
0
50
100
150
200
250
300
Flavour Packaging Taste
No.o
fPeople
0
50
100
150
200
250
crispness Thickness Size New flavour
No.o
fP
eople
Series1
Consumer interesting factors of Prawnoes
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Improve the crispiness of the product
Reduce the Thickness
Introduce more flavours
Reduce the size of the snacks
Phase III Survey
The above survey results are facilitate to improve the quality of the products. This phase got
positive results among the consumers. Based on the survey results CIFT could improve the
quality and other mentioned factors revealed in the survey.
Graph showing IIIrd
Phase survey Results
280
282
284
286
288
290
292
294
296
crispness Thickness Size New flavour
No.o
fPeople
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Nutritional Analysis of prawnoes and other products
0
100
200
300
400
500
600
587
13.8
529
435.7
0Kcal/100g
Nutritional Content
PRAWNOES
0
100
200
300
400500
600558
5.853
0.535.7
Kcal/100g
Nutritional Content
KURKURE
Series1
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0
100
200
300
400
500
600 542
855.4
5.4 32Kcal/100g
Nutritional Content
BINGO
Series1
0
100
200
300
400
500
600544
754.7
7.6 33
Kcal/100g
Nutritional Content
Lays
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0
100
200
300
400
500
492
6.8
63.8
4.5
232
Kcal/100g
Nutritional Content
Cheetos