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FOR
IMMEDIATE RELEASE
Contact: Nancy White
The Natural Marketing Institute
215.513.7300 ext. 225
Nancy.White@NMIsolutions.com
Harleysville,
Pa. (August 17, 2004) – The Natural
Marketing Institute (NMI), the leading provider of strategic
consulting and market research services within the health,
wellness, and sustainability industries, today expanded on
one of the trends it has identified as having a significant
effect on the health and wellness marketplace. This trend
is the seventh in the series of "NMI's Top 10
Trends of 2004."
Trend #7: Demographic Fragmentation Creates Wellness Opportunities
According to trends culled from NMI's most recent data,
marketers of wellness products have the opportunity to capitalize
on a number of demographic trends by customizing their products
to more closely meet the needs of specific consumer groups.
Demographic factors ranging from gender, to age and ethnicity
have begun to play a larger role in how consumers choose
the wellness products relevant to their lifestyles. Knowing
this information can help manufacturers in all aspects of
product development and packaging, as well as inform their
marketing communications.
"As the wellness market matures, consumers are looking
to manage any number of specific health concerns," said
Steve French, managing partner for NMI. "Savvy manufacturers
will take advantage of these trends by examining the attitudes
and behaviors of various demographic groups to help inform
their competitive strategies." For example, French
pointed to the growing Hispanic population. "Hispanic
consumers were 53% more likely to indicate that the use of
alternative healthcare practitioners was extremely important
in how they maintained a healthy, balanced lifestyle than
were the general population. Given the continued rise in
the Hispanic population in the U.S., these trends are important
for wellness-oriented companies to take into consideration," French
said.
According to NMI, gender plays a key role in attitudes about
health and wellness. For example, almost half (49%) of women
stated that they prefer vitamins/minerals and herbal supplements
that are from natural sources, while only 38 percent of men
prefer natural supplements. Age, lifestyle and household
composition are also among the critical demographic factors
in influencing attitudes that relate to health and wellness
decisions across foods, beverages, supplements and healthcare.
NMI's
Top Trends of 2004 are the result of the company's
annual Health and Wellness Trends Database™ and LOHAS
Consumer Trends Database™ research projects, based
on research studies from over 15,000 U.S. consumer households.
The databases are nationally projectable to the general population
and statistically valid to +/-2%.
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NMI is a strategic consulting, market research, and business
development company specializing in the health, wellness,
and sustainable marketplace. This release is the third in a series of eleven articulating NMI's Top 10 Trends of
2004. For more information visit us on-line at www.NMIsolutions.com/news.html.
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