| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Agri & Animal Products » Cereal Crops » Topic

Higher income groups patronage soy products market in UK

Zoom in font  Zoom out font Published: 2013-03-18  Views: 20
Core Tip: The better off and the moderate income consumers are the biggest patrons of soy products in the UK with nearly 68% of market share, says a report by Canadean Food.
According to the report, "Consumer Trends in the Soy Products Market in the UK", the better off consumers account for nearly 40% of the market value, and the moderate income group 28%.

Older young adults, aged between 25 and 34, hold the highest share of over 25%, followed by older consumers aged over 55 with 17%; tweens & early teens aged 10-15 hold just over 4%.

Female soy product consumers outnumber their male counterparts in the UK with a share of 57%; the urban population account for 72% of the market.

Over 31% of the consumers surveyed said that the most influencing trend for them has been changing age structures.

Gauged by the education level of the consumers, the post secondary - non tertiary group forms 25.6% while the least is the primary educated category with 1.7%.

Consumers having leisure time of over seven hours a day account for over 39% of the market while those having less than an hour's time are only 10%.

Among the various categories, the private label penetration in soy desserts is over 26%, while that in soy drinks and soy milk is 40% and 42% respectively.

The market share of the three categories is: soy milk 46%, soy drinks 36% and soy desserts 18%.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)