MGT 2228 Global Entrepreneurship Project: Maple Leaf Food in India

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Added on  2023/01/18

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AI Summary
This project presents a comprehensive analysis of Maple Leaf Food's potential expansion into the Indian market. The report begins with an overview of Maple Leaf Food and its products, specifically focusing on Maple Leaf Top Dogs Chicken Hot Dogs. It then delves into a detailed market analysis of the Indian meat and chicken market, highlighting its growth drivers and the increasing demand for meat products. The internal analysis assesses the company's strengths, weaknesses, opportunities, and threats. An external analysis, utilizing the PESTLE framework and Porter's Five Forces, evaluates the political, economic, social, technological, legal, and environmental factors influencing the market. The project identifies the target market and proposes a market entry strategy, specifically a Greenfield investment approach. It also discusses corporate social responsibility. The conclusion summarizes the findings and suggests the viability of introducing Maple Leaf's Chicken Hot Dogs to the Indian market, given the limited competition and growth potential. The project includes references to support the analysis.
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Global
Entrepreneurship
Maple Leaf Food
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Introduction
The intent of this presentation is to expand the
business operations of Maple Leaf Food in the
Indian market.
The selected product for the expansion is Maple
Leaf to Dogs Chicken Hot Dogs
The presentation is comprised of detailed India
market analysis along with an analysis of the
external and internal environment.
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Overview of Maple Leaf Food
Maple Lead Food is offering its services in the
market of Canada from the last 100 years, with
the purpose of always moving forwards towards
growth.
By offering a different variety of food like Maple
Leaf To Dogs Chicken Hot Dogs company is
aiming to reconnect families by adding
goodness in their product (Maple Leaf Food,
2019d).
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Market Analysis
The market of meat packaging is growing at a
global level because of a number of factors like
urbanization particularly in the merging nations
such as China, Brazil, India, and Russia (Future
Market Insights, 2019). The growing middle-
class segment of India is the driver of the meat
segment growth. According to the research,
there will be over 80% growth in the demand for
meat and chicken by the year 2022.
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Internal Analysis
Strength
Quality Products
Weaknesses
Limited Operations
Opportunities
Expanding operations in different countries
Threats
Competition
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External Analysis (PESTLE
Analysis)
Political/Economic Events
Increasing Economic Disparities
Social Events
Quick lifestyle transformation
Technological Events
Computerized operations
Legal Events
Taxes
Environmental events
Food processing challenges
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Porter Five force analysis
Threat of New Entrant – High
Threat of Substitute Products – High
Power of Buyer – Low
Power of Supplier – Low
Competitive rivalry - Low
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Target Market
The target market for Maple Leaf Top Dogs™
Chicken Hot Dogs will be majorly targeting the
adults, teenagers, and old age people.
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Market Entry Strategy
Market Entry strategy is said to be an organized
method of distribution and delivery of products in
the new market. In the export and import of the
goods refers to the establishment and
management of the operations in the
international region (Tielmann, 2010). Maple
Leaf Food will take entry in the Indian market
through Greenfield Investments
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Corporate Social Responsibility
CSR is the self-regulating model of business that
supports business to be accountable socially
towards stakeholders, public, and itself (Malecki,
2018). Maple Leaf Food is intensely socially
responsible as it manufacture products by using
natural ingredients that take care of the health of
its customers.
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Conclusion
The above presentation has provided a brief market
analysis of the Indian market in order to analyse whether
Maple Leaf food can expand its operations in the country
or not. From the analysis, it has been identified that
Indian meat and the chicken market does not involve a
number of brands in this industry in fact 90% of the
market are covered by unauthorized retailers. This offers
an opportunity to establish the brand "Maple Leaf Food"
in the Indian market by introducing its Chicken Hot Dogs
and give strong competition to the limited number of
players.
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References
Bhasin, H. (2018). PEST analysis – Political,
economical, sociological, technological. Retrieved
from https://www.marketing91.com/pest-analysis/
FnB News. (2019). Indian meat market to reach $65 bn
by 2022”. Retrieved from
http://www.fnbnews.com/Interview/indian-meat-market-to
-reach-65-bn-by-2022-43313
Future Market Insights. (2019). Meat Packaging Market:
Global Industry Analysis and Opportunity
Assessment 2015-2025. Retrieved from
https://www.futuremarketinsights.com/reports/meat-
packaging-market
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