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

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    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

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    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

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    crispness Thickness Size New flavour

    No.o

    fPeople

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    Nutritional Analysis of prawnoes and other products

    0

    100

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    500

    600

    587

    13.8

    529

    435.7

    0Kcal/100g

    Nutritional Content

    PRAWNOES

    0

    100

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    400500

    600558

    5.853

    0.535.7

    Kcal/100g

    Nutritional Content

    KURKURE

    Series1

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    0

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    600 542

    855.4

    5.4 32Kcal/100g

    Nutritional Content

    BINGO

    Series1

    0

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    400

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    600544

    754.7

    7.6 33

    Kcal/100g

    Nutritional Content

    Lays

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    0

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    400

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    492

    6.8

    63.8

    4.5

    232

    Kcal/100g

    Nutritional Content

    Cheetos