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ITC Ltd.'s Jelimals Immunoz' study reveals 94% children miss 'Going to school' and 95% miss 'Meeting friends' in person

Posted On: 2020-10-19 06:30:34 (Time Zone: Arizona, USA)


Jelimals, ITC's confectionery brand in the Jelly segment, has shifted its portfolio offerings to Jelimals Immunoz - jellies fortified with 2 key nutrients Vitamin C & Zinc that help support the immune system amongst children The brand enjoys a loyal following amongst kids and at the onset of the pandemic, had also created a unique, child-friendly awareness song 'Do the 5' on how kids can prevent the spread of Covid-19, based on the guidelines recommended by WHO. The product's launch comes as a natural progression to further enable support towards children's welfare in the present context.

The children's confectionery category including candies, toffees, eclairs, jellies and lollipops had witnessed rapid growth during pre-pandemic times. However, jellies & lollipops are the most consumed formats among children and is pegged at Rs 1,000 crore. This segment is driven by colors & interesting shapes which Jelly as a format is perfectly amenable to deliver. The pandemic-led, unprecedented rise in demand for immunity supporting products paved way for the need to safeguard children through the category. ITC's team of scientists at LSTC have been working on various health & nutrition areas for nearly a decade with Immunity emerging as a key focus area.

In addition, Jelimals further commissioned an empirical study, undertaken by InfoLeap Market Research & Consultancy LLC to understand kids' perspective on the new normal world. Data gathered from 364 children, aged 8-12 years across Mumbai, Delhi, Bangalore and Kolkata revealed that 94% children miss 'Going to school' and 95% miss 'Meeting friends' in person, making immunity support an 'uncompromising imperative' in the new normal world. If given a 'Superpower' 74% children would utilize it to 'Save People (56%) & Find Cure (18%)' from Covid-19 with concern for parents & family (38%) being foremost for the children. This followed by saving humanity including doctors, soldiers, friends, animals and testing individuals for the virus.

Commenting on the launch, Mr. Anuj Rustagi, COO - Chocolate, Coffee, Confectionery & New Category Development - Foods, ITC Ltd, said, "It is our endeavour as a kid's focussed brand to support the health of kids with our products by giving them a daily dose of vitamin C & Zinc. And we are doing this in a "Jelimals' way" - making this fun and engaging for both parents and kids much like our "Do the 5" video. Furthermore, we are shifting the entire Jelimals' jelly bears range to Jelimals Immunoz and keeping consumer price points same across the offerings. We hope this move will make a small but meaningful difference in protecting our kids".

Jelimals Immunoz will be available in 2 SKUs, 30 gms and 108 gms at respective price points of Rs 10 & Rs 50.

The packs will come loaded with benefits of fun fruit flavours, exciting toys, double layer packaging while the Rs 50 pack also comes with a zip lock pack. The product will be available pan-India across retail outlets, modern trade and e-commerce platforms.

Shares of ITC LTD. was last trading in BSE at Rs.168.3 as compared to the previous close of Rs. 165.75. The total number of shares traded during the day was 1191020 in over 14447 trades.

The stock hit an intraday high of Rs. 168.95 and intraday low of 166.2. The net turnover during the day was Rs. 199469145.


Source: Equity Bulls

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