SEARCH

Thins so Snexy, says Britannia

Sravanthi Challapalli
Share  ·   print   ·  
Britannia Nutri Choice Multigrain Thins
Britannia Nutri Choice Multigrain Thins

Say ‘healthy snacks' and ‘tasty' in the same breath and you can be sure of an incredulous, even scornful, reaction. However, Britannia Industries claims to have come up with something ‘Snexy' that doesn't compromise on taste, and through its so-named teaser digital campaign, a “snack reality show”, has attempted to create a buzz around its latest launch, Nutrichoice Multigrain Thins. People can vote for their favourite snack (samosa, panipuri, popcorn, burger, chips, tedhimedhi and namkeen) but the voting reveals they are quite unhealthy because of ingredients such as transfats.

There are half-a-dozen different shades of meaning for ‘snexy' in the Urban Dictionary but according to Britannia Industries, it's a term used to describe a snack that is “mysteriously alluring, almost divine”.

GETTING IT RIGHT

Ms Anuradha Narasimhan, Category Director - Health & Wellness, Britannia Industries, tells Business Line, “Health is seen as boring and difficult, but we're saying it can be cool and aspirational. We'll get the right association this way. We're not talking to people only at the rational level.”

Britannia expects to “wean away stomach share from unhealthy snacks by gaining mindshare about healthier snacking”. A Rs 10, 25 gm pack of Multigrain Thins yields 23-24 “trips to mouth” (a measure of satisfaction and fulfilment) and only 105 calories. It is positioned as ‘a snack that loves you back'. Nutrichoice is Britannia's brand for health and wellness, and some other recent launches have included Diabetic-Friendly Oat and Ragi Cookies.

Ms Narasimhan says the packaged and branded snacks market can be valued at over Rs 4,500 crore. In recent years, manufacturers such as Frito Lay and ITC have announced eliminating MSG and transfats from their snacks. In fact, PepsiCo chief Ms Indra Nooyi is under fire from observers for shifting the focus from the company's core category of soft drinks to healthy snacks. In some other cases, some snacks on the health platform have been withdrawn or have announced rejigs, such as Parle's Smart Chips.

Timing

Mr Sreekanth P. V. S., Research Associate (FMCG and Media), Angel Broking, says some snacks could have failed because of timing, being ahead of their time. In the last 2-3 years, though, awareness of health and wellness has risen and most companies have launched foods fitting that profile, including oats, biscuits, cereal/granola bars and even noodles.

According to Ms Narasimhan, Nutrichoice biscuits have grown 1.5 times the market rate of staple (glucose, milk and Marie) biscuits.

today

Companies

Texmaco Rail & Engg bags Rs 117 cr Bangladesh order 4 hr. 25 min. ago
TTK Prestige ties up with German glass-maker for cooking range 4 hr. 26 min. ago
Toyota Kirloskar Motor to ramp up production of Etios by 75% 4 hr. 26 min. ago
Great Offshore Q4 net slumps 91% 4 hr. 31 min. ago
R Com Q4 net jumps 98% 4 hr. 33 min. ago
Balmer Lawrie PAT grows 14% in FY’12; announces 280% dividend 5 hr. 32 min. ago
FDC net dips to Rs 28.56-cr in Q4 6 hr. 58 min. ago
GMDC net up 30% in 2011-12 fiscal 10 hr. 6 min. ago
Keventer Group plans Rs 700-cr food park in Bengal 11 hr. 3 min. ago
BHEL commissions 500 MW unit at Rihand 12 hr. 48 min. ago

Markets

Sensex snaps 4-week losing streak 10 hr. 56 min. ago
Hotel Leelaventure redeems bonds worth $41.6 m 11 hr. 43 min. ago
Insider trading: Ex-Galleon portfolio manager testifies against Rajat Gupta 13 hr. 3 min. ago
CSE index gains 112 points this week 15 hr. 38 min. ago

Industry & Economy

Asian economies must ‘act in unison' to address common challenges 3 hr. 46 min. ago
Consensus candidatefor President hasbetter chance: Sangma 3 hr. 48 min. ago
Pilots' union defends stir, says all attempts made to inform minister 3 hr. 49 min. ago
Tamil Nadu’s ruling party to organise stir against petrol price hike 3 hr. 51 min. ago
Team Anna levels corruption charges; wants PM, 14 ministers probed 3 hr. 55 min. ago
Refineries claim normal supply, but Chennai reels under diesel shortage 4 hr. 13 min. ago
Slowing sales add to India Inc's woes 4 hr. 15 min. ago
Mangement Institute inaugurated in Bengal 7 hr. 26 min. ago

Stock Insight

GSFC: Buy 5 hr. 34 min. ago
Divi's Laboratories: Hold 5 hr. 38 min. ago
Technofab Engineering: Buy 5 hr. 39 min. ago
BHEL holds fort 5 hr. 42 min. ago
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.
Comments to: web.businessline@thehindu.co.in. Copyright © 2012, The Hindu Business Line.