Ingredient Branding: The Food Industry
Ingredient branding has thrived as an accepted marketing concept since the late 1980s. Ingredient branding provides a potential for successful brand management, as well as increased sales for companies. This is because a customer will pay more attention to a product if he or she knows and comprehends the features, functions and benefits of an ingredient contained in the product. Ingredient branding is defined as a special case of co-branding which creates brand equity for components, parts or materials contained in other branded products. According to Baumgarten (2007), ingredient branding has not achieved much usage in the food industry but there are a number ...