Salting spices added daily meals with salt, sugar, MSG, soup, fish sauce, soy sauce, tomato sauce, wedge nuts, nut soup, cooking oil .. now regarded as the huge market that any every family should need to. Spices also contribute in enhancing the value of other foods such as meat, eggs, milk, fish do better quality meal. Spices always evaluated as a vibrant market and potential. By far, many companies have in turn engaged in the spice markets of Vietnam and jointly conquered the taste of each Vietnamese family.
According to the information from an advertising company, brand promotion expenses in the first 3 months with these forms of marketing to take the supermarket, shopping, cooking for guests to try dishes, hanging banners across the street posters, advertising in the media ... of each brand no less than 3 billion, branded costs to almost 7 billion. Even the criteria to determine which is the high-end products, where the average is also unclear, but mainly depends on how the advertising business in creating customer psychology. Poll from the supermarket Co-opmart, Maximark, Citimart shows, the level preferred brands among similar spices not differ much. Marks are holding several promotions, advertisements and more, the cost of the eye-catching display outsold. Buyers are not loyal to certain brands.
Because markets are too big to be able to see the competition between manufacturers business was not put into the climax. (Vietnam consumes about 1,500 tons of flour on Wedge / year, of which about 300 tonnes brands Knorr, Maggi 400 tons, 200 tons Ajinomoto and some other brands like seasoning Vifon, Thien Huong ... and smallholders). But do consumers choose the destination, they are together chen race for market share. Expected demand spices, particularly synthetic types of feedstocks and facilities used in the daily diet of families will increase by over 30% per year.
Not as impressive as other sectors such as consumer goods shampoo, washing powder, electrical appliances ... always magnificent in the promotion race, the battle for the market share of companies producing granules takes place quietly, but very fierce and aggressive. These brands already have a foothold in the market launched multiple programs to try to win every percent of market share and new brands try to find openings to insert foot. Grain market in Vietnam started wedge is formed in the range less than 10 years but has proved to be a very attractive market and has a lot of untapped potential. That was clearly demonstrated when there are "giants" in the food industry in domestic and international investors to the market more attractive.
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