In mints, Perfetti van Melle, which has 20 per cent overall share in confectionery, is the leader with its Chlor-mint brand.
The rest of the market is owned by brands like ITC's Candyman and Mint-o Fresh, Parle Product's Clovemint, Nestle's Polo and Cadbury's Halls.
Mint is also an alternative plank used by tobacco companies which are not allowed to advertise on conventional media. Godfrey Philip, for instance, launched the Fundamint brand some years ago to do the job.
The clutter does not rattle Dabur. "The mint market is growing much faster than the overall confectionery market and our product proposition is unique," says Rajeev John, deputy general manager (marketing), Dabur India. Religare Capital Markets executive vice-president (institutional equities).
Varun Lohchab says the growth of the estimated Rs 100-crore (Rs 1-billion) Hajmola brand has been patchy at 10-12 per cent compared to the overall growth rate of the company at 15 per cent.
The search for new avenues of growth, therefore, is not surprising.
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