Today: August 30, 2015, 6:00 pm
  

New C&M analysis: Health and Wellness (Ireland) Glanbia Plc Company Profile

companiesandmarkets.com
companiesandmarkets.com
Glanbia Plc in Health and Wellness (Ireland) - a new company profile report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 19:47:01
Glanbia is an integrated business with a strategic focus on international markets. Glanbia has built on the company´s strong dairy base and has developed a global leadership position in specialist nutritionals with both a business-to-business and business-to-consumer focus. While the US and Europe represents Glanbia´s largest markets, the company continues to expand their presence in the Middle East, Asia Pacific and Latin America. Health and wellness in Ireland continued to feel the impact of the unfavourable economic conditions which continued to blight the country in 2012. With consumers limiting non-essential spending and trading down to less expensive alternatives, health and wellness-positioned products, which often command higher unit prices, continued to feel the impact of austerity over the review period. This situation remained unchanged in 2012, with consumers placing a high priority on saving, as well as continuing to reduce levels of personal indebtedness.

Irish consumers have become increasingly aware of and educated about the risks of diet-related health problems such as obesity, diabetes and heart disease. Equally, a growing preference for "natural" food and beverages, free from artificial additives and preservatives, developed in recent years. This ensured that health and wellness continued to perform reasonably well in 2012, despite the negative effects of the economic situation. The increasingly diverse product ranges offered by manufacturers further served to limit any declines, maintaining consumers´ interest and driving volume sales.

Increased price-sensitivity amongst Irish consumers amidst worsening economic conditions ensured that private label made gains in several health and wellness categories towards the end of the review period. Retailers responded to this trend by expanding and improving the quality of their private label ranges, which supported further value share gains for private label across the market. Together with the generally negative impact of reduced levels of disposable incomes on consumer spending, the growing threat from private label forced brand manufacturers to adopt more competitive pricing strategies.

Click for report details: www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..

Browse all Healthcare and Medical Company Profile Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..

Browse all Healthcare and Medical Company Profile Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..

Browse all Latest Company Profile Reports www.companiesandmarkets.com/Market/All/Company-Profile?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com
Related Articles

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.