Ruchi Soya Industries SWOT Analysis
Ruchi Soya Industries is one of the leading brands in the food & beverages sector. Ruchi Soya Industries SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Ruchi Soya Industries:
Quick Glance:
Ruchi Soya Industries Strengths
- Emphasis on superior procurement, trading skills and tough quality control standards
- Continuous innovation and an effort by the industry to meet consumer needs
- Largest player in India in edible oil category
- Wide and extensive distribution network of 6,30,000 retail stores
- Over 5 Lac retail stores, 90 Company depots,2000 distributors and a sales personnel of 200
- First exporter of Soyabean meal to south east Asia and middle east markets
- Crushing capacity of about 4 million tons annually in 14 plants, extend over 11 locations
Above are the strengths in the SWOT Analysis of Ruchi Soya Industries. The strengths of Ruchi Soya Industries looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Ruchi Soya Industries Weaknesses
- No control on raw material prices as product is agro based
- Despite high quality product and good distribution, limited brand awareness compared to some other brands
These were the weaknesses in the Ruchi Soya Industries SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Ruchi Soya Industries Opportunities
- Strengthening industry portfolio with other healthy additions
- Control price fluctuations
- Expansion into premium segments and global markets
- Tie- up with restaurants and hotel chains
Above we covered the opportunities in Ruchi Soya Industries SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Ruchi Soya Industries Threats
- Food regulation by Government
- Regulation and control by other authorities like NGO’s
- Entry of more domestic and international players
The threats in the SWOT Analysis of Ruchi Soya Industries are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Ruchi Soya Industries SWOT analysis.
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About Ruchi Soya Industries
The table below gives the brand overview along with its target market, segmentation, positioning & USP
| Ruchi Soya Industries Overview | |
|---|---|
| Parent Company |
Ruchi Group |
| Category |
FMCG and Food products |
| Sector | |
| Tagline/ Slogan |
Soya for health |
| USP |
India’s Number one cooking oil company |
| Ruchi Soya Industries STP | |
| Segmentation |
Cooking oil and soya soap |
| Target Market |
Household women |
| Positioning |
Provide healthy oil to consumers |
| Ruchi Soya Industries Product Portfolio | |
| Brands |
1. Mahakosh Oil 2. Sunrich Sunflower Oil 3. Nutrela Oil 4. Nutri Gold Vanaspati 5. Nutrela 6. Ruchi No.1 Soap The above mentioned brands are the prominent products under the Ruchi Soya Industries product portfolio. |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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