Functional Food Marketing – The Hungarian Market Case

Authors

  • Szabolcs Nagy University of Miskolc

Keywords:

health marketing, functional foods, life marketing approach, death marketing approach, target groups, positioning strategy, market segmentation

Abstract

In Hungary, a growing number of consumers have recently recognized the importance of healthy eating habits in disease prevention.
As health is one of the most important terminal values of Hungarian consumers, functional foods are likely to have a bright future
and their market is expected to grow significantly in the coming years. In this paper, the main driving forces of the growth of the
functional food market, the consumption patterns of functional foods, up-to-date product trends, the relevant marketing approaches,
and the main consumer segments have been identified. This paper contains empirical research findings on functional food
consumption in Hungary. As a marketing manager or academic, you shall find valuable pieces of information on the segmentation,
the main target groups and the most successful positioning strategies regarding the functional food market in Hungary

Author Biography

Szabolcs Nagy, University of Miskolc

Associate Professor

References

BENKOUIDER, C. (August 2005), The world’s emerging markets- in http://www.ffnmag.com/ASP/home.asp

CHILDS, N.M. & PORYZEES, G.H. (1998) Foods that help prevent disease: consumer attitudes and public policy implications. British Food Journal, 9, 419.426.

GILBERT, L.(2000): MARKETING FUNCTIONAL FOODS: HOW TO REACH YOUR TARGET AUDIENCE AgBioForum – Volume 3, Number 1 – Pages 20-38

HEASMAN, M.(2002).: An overview of key trends and strategies in functional foods and beverages, June 18/19th, Germany, The Centre for Food and Health Studies

LESKINEN, K(2002).: Functional Food Challenge: Positioning and Communicating Innovative Food Brands in Finland, INNOMARKET, Turku School of Economics and Business Administration Department of Marketing, Technical Reports No. 13, November

MARK-HERBERT, C.(2003) Development and Marketing Strategies for Functional Foods, AgBioForum, 6(1&2): 75-78., AgBioForum

SZABÓ, M. (2003): A funkcionális élelmiszerek piaci helyzete, Agrármarketing Centrum Kht. és a KOPINT-DATORG

SLOAN, E. (2006): TOP 10 Trends in Functional Food, Food Technology, April 2006, Volume 60, No. 4

WENNSTRÖM, P.(2003): Key Developments in the Functional Foods Market Across Europe - Improved marketing strategies for functional foods, HealthFocus Europe

CDC (2005): http://www.cdc.gov/healthmarketing/whatishm.htm CDC 2005 Health Canada, 2009 http://www4.agr.gc.ca/AAFC-AAC/display-afficher.do?id=1171305207040&lang=eng

Organic Food Directory (2009) http://www.organicfooddirectory.com.au/definitions.html

Downloads

Published

2010-05-01

How to Cite

Nagy, S. (2010). Functional Food Marketing – The Hungarian Market Case. Theory, Methodology, Practice - Review of Business and Management, 5(01), 43–49. Retrieved from https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1346

Issue

Section

Articles