Marketing and Entrepreneurship Essay Example | Topics and Well Written Essays - 2000 words

market and Entrepreneurship - Essay ExampleThough, in the developed nations like US and UK, many companies have introduced healthy frigidness presents but they have failed to provide balance nutrition to the children. Hence, it can be said that the children and teenagers are the dominance customers of Neutrica. In this fast moving world, even the adults need health drink that can be apply as a substitute of soft drinks. People in their old age suffer from some(prenominal) health-related complications like high blood pressure, cholesterol deposition and diabetes. For these raft Neutrica is a good way of derivation required nutrition in a more convenient and simple manner. Till date, there are not too many health drinks that are popular among the aged people. The percentage of elderly people is likely to increase with time, thus adding to its potential customer base. Consumers are becoming increasingly conscious somewhat their health and are willing to shell out money for tho se foods and drinks that promises better health. Therefore, the demand for health drink is likely to grow, mainly among the children and elderly persons. Target MarketIn developed nations like UK and US, the market is already flooded with contrasting kinds of energy drinks, canned fruit juices and different type of health drinks. As a result, the degree of contestation is also high in these markets. This coupled with low population growth will make these markets rattling stagnant in the years to come.On the other hand, developing countries are performing better because their economies are emergence at a fast rate.