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Alternative Crop Production & Marketing: Superfoods Reza Rafie, Extension Specialist-Horticulture Chris Mullins, Extension Specialist- Greenhouse Theresa Nartea, Extension Specialist- Marketing & Agribusiness

Superfoods - What They Are, How to Market Them

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Page 1: Superfoods - What They Are, How to Market Them

Alternative Crop Production & Marketing: Superfoods

Reza Rafie, Extension Specialist-HorticultureChris Mullins, Extension Specialist-Greenhouse

Theresa Nartea, Extension Specialist-Marketing & Agribusiness

Page 2: Superfoods - What They Are, How to Market Them

Traditional Greenhouse

Page 3: Superfoods - What They Are, How to Market Them
Page 4: Superfoods - What They Are, How to Market Them

Super Foods

The Oxford English Dictionary defines it as “food considered especially nutritious or otherwise beneficial to health and well-being.”

A concept that is widely employed in recent year is that of “nutrient density” of foods. ‘Nutrient-rich’ foods are those that provide significant levels of protein, carbohydrates, fat, minerals, and vitamins in a reasonable number of calories.

Page 5: Superfoods - What They Are, How to Market Them

Super FoodsVegetablesMushrooms

LegumesFruits

Nuts and OilsHerbs and Spices

GrainsMeat, Seafood, and Dairy Foods

Page 6: Superfoods - What They Are, How to Market Them

Vegetables

Page 7: Superfoods - What They Are, How to Market Them

Unique Vegetables Grown at Randolph Farm Bitter melon

• This vegetable is highly appreciated and consumed by Asian and Indian consumers • High in vitamin C, folate, fiber, and potassium, good sources of vitamin K, thiamine, and zinc.• A 2006 report in Nutrition Review pointed to studies of its ability to reduce insulin resistance, which can lead to type 2 diabetes.

Super Pizza

Page 8: Superfoods - What They Are, How to Market Them

Unique Vegetables Grown at Randolph Farm

Jicama (Yam Bean or Mexican Turnip) • The center origin of this vegetable tuber is Central America and Mexico – Greatly appreciate and consumed raw by Mexican and Asian consumers. • Low in calorie, high in vitamin C and fiber; good source of potassium.

Page 9: Superfoods - What They Are, How to Market Them

Berries

Page 10: Superfoods - What They Are, How to Market Them

Fruits

Page 11: Superfoods - What They Are, How to Market Them

Fruits

Page 12: Superfoods - What They Are, How to Market Them

Herbs and Spices

Page 13: Superfoods - What They Are, How to Market Them

VSU High Tunnel Experiment

Page 14: Superfoods - What They Are, How to Market Them

Photo Credit: https://ae0afb

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Page 15: Superfoods - What They Are, How to Market Them

Learning Objectives

• Market Background

• Food Values Concept

• Market Trends to Watch

Page 16: Superfoods - What They Are, How to Market Them

The Market• $24.8 Billion (2006 Sales) to $38.8 B (2011 Projected Sales)

• Up 56% Functional Foods & Drinks Sales last 5

years

• Media driving Superfoods popularity

• 82% of European and 75% of US shoppers value & buy food for health maintenance

• Halo Effect of “Superfood” LabelsBusiness Insights Marketing Group .(2011). Future ingredient trends in food and drinks. Retrieved from http://www.docstoc.com/docs/33444601/BUSINESS-INSIGHTS-Future-Ingredient-Trends-in-Food-and; MediaPost Publications. (2007). Functional food sales Hit $25 billion In U.S. In 2006. Retrieved from: http://www.mediapost.com/publications/index.cfm?fa=Articles.showArticle&art_aid=55835

Page 17: Superfoods - What They Are, How to Market Them

Food Values ConceptDemographic characteristics

have little influence on people’s food values. Food

is of value to all people independent of income, race, age, or education.

Lusk, J. L., & Briggeman, B. C. (2009). Food values. American Journal of Agricultural Economics, 91(1), 184-196. doi:10.1111/j.1467-8276.2008.01175.x

Page 18: Superfoods - What They Are, How to Market Them

Food Value in Order of Importance

1. Safety2. Nutrition3. Taste4. Price5. Natural6. Convenience7. Appearance8. Environmental Impact9. Fairness10. Tradition11. Origin

Lusk, J. L., & Briggeman, B. C. (2009). Food values. American Journal of Agricultural Economics, 91(1), 184-196. doi:10.1111/j.1467-8276.2008.01175.x

Researchers conducted a

random sample of

2,000 households

in the spring of 2007

Page 19: Superfoods - What They Are, How to Market Them

nutrition

Amount and type of fat,

protein, vitamins, and

other nutrients

contained in food

Lusk, J. L., & Briggeman, B. C. (2009). Food values. American Journal of Agricultural Economics, 91(1), 184-196. doi:10.1111/j.1467-8276.2008.01175.x

Page 20: Superfoods - What They Are, How to Market Them

Cosmetic Foods anti-aging

Healthy Hairhttp://www.webmd.com

Dark Green VegetablesBeansNuts

PoultryEggs

Whole GrainsOysters

Low Fat DairyCarrots

Glowing Skinhttp://www.webmd.com

Low Fat DairyBerriesPlums

WalnutsFlax SeedOlive Oil

Whole GrainsTurkey

Nuts

Photo Credit: http://en.sial.fr/ExposiumCms/cms_sites/SITE_508003/images508003/logo_food_beauty.jpg, http://www.nyofficelady.com/wp-content/uploads/2010/11/healthy-hair.jpg

Page 21: Superfoods - What They Are, How to Market Them

Food Medicine: Nutraceuticals

Boosting Immunity

http://online.prevention.com/flu_immunity/list/1.shtml

YogurtOats

BarleyGarlicFish

ChickenTeaBeef

Sweet PotatoesMushrooms

Healthy Blood Pressure

http://www.mypyramid.gov

Sweet PotatoesWhite Potatoes

BeansTomatoes

Beet GreensSoybeans

Lima BeansWinter Squash

Spinach

Page 22: Superfoods - What They Are, How to Market Them

Diet Plan

Page 23: Superfoods - What They Are, How to Market Them

Medical Related Diets

Dairy-freeGluten-free

Low FatLow Sodium

SoySugar Conscious

VegetarianWheat-free

Page 24: Superfoods - What They Are, How to Market Them

Trend: Pet

Page 25: Superfoods - What They Are, How to Market Them

Trend: Drinks

Photo Credit: http://media.photobucket.com/image/bare%20naked%20superfood%20juice/Suzanne57/athome%25202008/aa-martini-3.jpg

Page 26: Superfoods - What They Are, How to Market Them

Trend: Supplements

Photo Credit: http://iconicnutra.com, http://2.bp.blogspot.com/_aHVKbnZ-sGA/TSrSmEppjeI/AAAAAAAAADs/Q9fNsUC1Abc/s1600/superfoodRender.jpg

Page 27: Superfoods - What They Are, How to Market Them

Keep Simple

Source: http://www.eatwell.gov.uk/

Page 28: Superfoods - What They Are, How to Market Them

Market Wrap Up

• Growing Market Profitability

• Nutrition Value drives Demand

• Evaluate Product Marketing Strategy

• Seek & Eat Unprocessed Superfoods

Page 29: Superfoods - What They Are, How to Market Them

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