Summary
"The Implications of Introducing a Sugar Tax" explores the likely effects of sugar taxes on consumer prices and behavior. It outlines consumer responses to price hikes by attempting to evaluate to what extent sugar taxes could halt obesity by discouraging sugar consumption in the UK, which will be the next country to adopt such a policy.
The introduction of a sugar tax would hit lower-income groups harder, but this would not guarantee a reduction in sugar consumption as this group is likely to trade down to lower-price goods. On the other hand, the tax would raise awareness among consumers bringing the high sugar content of soft drinks into the spotlight. This could stimulate new innovations in product reformulation, positioning and packaging sizes.
Click For Report Details @ http://www.radiantinsights.com/research/opportunities-in-the-global-meat-sector-analysis-of-opportunities-offered-by-high-growth-economies
Scope
• There is no clear evidence supporting sugar tax as a mechanism to influence consumer diets.
• Despite obesity/overweight and sugar-related health issues being two of the most concerning health issues for British consumers, consumption of sugar is high and climbing.
• Price rises will not necessarily stall the taxed category's sales as the demand is inelastic and consumers may just shift to cheaper brands.
• The tax would play a key role in promoting a healthy diet, bringing the high sugar content of soft drinks into the spotlight and stimulating demand for low-sugar and sugar-free soft drinks.
Reasons To Buy
• Understand consumer responses to price hikes and to what extent purchasing patterns will be altered with the introduction of a sugar tax.
• Gain a detailed understanding of the unintended outcomes that price increases will generate.
• See the actions that major brands are taking to get ahead of the greater interest in the low-sugar, sugar-free, and alternative sweetener sectors.
See More Reports of This Category by Radiant Insights @ http://www.radiantinsights.com/catalog/beverages
About Radiant Insights, Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com/
"The Implications of Introducing a Sugar Tax" explores the likely effects of sugar taxes on consumer prices and behavior. It outlines consumer responses to price hikes by attempting to evaluate to what extent sugar taxes could halt obesity by discouraging sugar consumption in the UK, which will be the next country to adopt such a policy.
The introduction of a sugar tax would hit lower-income groups harder, but this would not guarantee a reduction in sugar consumption as this group is likely to trade down to lower-price goods. On the other hand, the tax would raise awareness among consumers bringing the high sugar content of soft drinks into the spotlight. This could stimulate new innovations in product reformulation, positioning and packaging sizes.
Click For Report Details @ http://www.radiantinsights.com/research/opportunities-in-the-global-meat-sector-analysis-of-opportunities-offered-by-high-growth-economies
Scope
• There is no clear evidence supporting sugar tax as a mechanism to influence consumer diets.
• Despite obesity/overweight and sugar-related health issues being two of the most concerning health issues for British consumers, consumption of sugar is high and climbing.
• Price rises will not necessarily stall the taxed category's sales as the demand is inelastic and consumers may just shift to cheaper brands.
• The tax would play a key role in promoting a healthy diet, bringing the high sugar content of soft drinks into the spotlight and stimulating demand for low-sugar and sugar-free soft drinks.
Reasons To Buy
• Understand consumer responses to price hikes and to what extent purchasing patterns will be altered with the introduction of a sugar tax.
• Gain a detailed understanding of the unintended outcomes that price increases will generate.
• See the actions that major brands are taking to get ahead of the greater interest in the low-sugar, sugar-free, and alternative sweetener sectors.
See More Reports of This Category by Radiant Insights @ http://www.radiantinsights.com/catalog/beverages
About Radiant Insights, Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com/
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