Category Research for Häagen Dazs (Fictional)

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    Category Research

    Ice Cream Category

    Major Competitors:

    1. Ben & Jerry’s: known for its unique flavors and marketing strategies based on social causes. Strong presence in the U.S. and Europe.

    2. Häagen-Dazs: positioned as a premium brand with high-quality ingredients. Global distribution with a focus on gourmet experiences.

    3. Tillamook: known for its quality, using natural ingredients and no artificial additives.

    4. Talenti: specializes in gelato, perceived as a more artisanal and healthy product. Strong emphasis on the quality of ingredients.

    5. Magnum: a premium brand focused on chocolate-covered ice cream bars. Known for its luxurious and indulgent advertising campaigns.

    6. Halo Top: focused on low-calorie ice creams, aimed at the health-conscious consumer segment.

    Major Issues:

    1. Ice cream demand is highly seasonal, with sales peaking during the warmer months. This creates fluctuations in revenue.

    2. Consumers are increasingly focused on health and wellness, demanding low-fat, low-sugar, and vegan ice cream options. Most of the population prefers healthier desserts and ice cream. Additionally, there is growing demand for natural or organic ingredients, which further increases production costs. Organic products are usually more expensive.

    3. Growing demand for products with less sugar, lactose-free, vegan, or low-calorie options (Halo Top, Arctic Zero).

    4. Another issue facing the ice cream industry is rising ingredient costs. Ingredients of ice cream are increasing due to supply chain issues and higher demand. This ultimately increases the cost of production.

    5. Another issue in the ice cream industry is that ice cream is a luxury and not a necessity. In an effort to be precautious in this economy, customers are tightening their belts, leading them to pass on items they don’t need.

    6. Increasing pressure for brands to use sustainable packaging and reduce their carbon footprint. Premium brands like Ben & Jerry’s have focused on sustainable practices, while others have yet to fully adopt this trend.

    7. Competition from alternative snacks and desserts: non-traditional ice creams, like mochi (ice cream wrapped in rice dough) or plant-based frozen products, are gaining popularity and taking market share. 

    8. Growing competition from private label products: supermarket brands like Walmart’s Great Value and Costco’s Kirkland Signature are gaining market share by offering ice cream at lower prices. These private labels are increasingly seen as high-quality alternatives to traditional brands, creating pricing pressure and reducing consumer loyalty to established brands. 

    Sales Figures:

    1. With $951 million in sales, Ben & Jerry’s was the leader of the ice cream market in 2023.

    2. In 2023 Häagen-Dazs was in second place with $801.6 million. 

    3. In 2023, Tillamook recorded sales of $324 million.

    4. Sales for Talenti were $208.5 million in 2023.

    5. Magnum had a 57.9% increase in USG in 2022 compared to 2021. 

    6. Part of Unilever’s portfolio, with global annual sales of over $2.5 billion.

    7. Halo Top: U.S. sales dropped to $300 million in 2022 after a previous surge.

    8. In certain regions, consumers are increasingly turning to plant-based ice creams, while traditional dairy ice cream remains dominant in others, especially in rural areas

      Useful references in Business Source Complete:

       

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