Market Research Briefs
Published: Wednesday, November 01, 2000
According to an annual survey conducted by the United Soybean Board, 75 percent of American consumers consider soy products healthy, up from 71 percent last year; 39 percent are aware of soy’s specific health benefits; and 27 percent in 2000 altered their eating habits to include soy products.Visit: www.unitedsoybean.org.
“Survival Strategies in Consumer Health Care,” a series of reports by U.K.-based Nicholas Hall & Co., discusses strategies for survival and growth in the $9.3 billion cough, cold and allergy market. Contact: reports@nicholashall.com.
A new report by London-based Promar Intl. discusses the size of the U.S. functional foods market and examines reasons behind its strong growth. Visit: www.just-food.com.
According to the Organic Trade Association (OTA), organic sales in the U.S. are $6.6 billion—56 percent of which come from supermarkets, while 20 percent come from natural foods stores. By comparison, organic sales were $180 million in 1980, OTA says. Additionally, OTA says that listing forms for its 2001 “Organic Export Directory” are due Nov. 30. Visit: www.ota.com.
Nearly 100 mergers and acquisitions (M&As) occurred in 1999 vs. 16 in 1996, according to “M&A Report 2000,” a new study by Nutrition Business Journal (NBJ). Visit: www.nutritionbusiness.com.
A study published in the October Journal of the American Geriatrics Society says that ginkgo biloba may not benefit dementia and memory impairment in the elderly. Visit: www.amgeriatrics.com.
According to “Beyond Foodservice … How Consumers View Meals,” a new report by the Washington-based Food Marketing Institute (FMI), meal planning and preparation are consumers’ primary frustrations. The report suggests that well-designed and managed meal solutions programs could present lucrative opportunities for retailers. Additionally, FMI says in its “2000 Report From the Supermarket Pharmacy Survey” that grocery store pharmacies reported a halt in declining gross profit margins and saw increases in weekly sales and market share. Visit: www.fmi.org/pub.
