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LowCarbInvesting.com

Carb Wise: Considering Low Carb Products In Your Company’s Brand Portfolio

LowCarbInvesting.com

Carb Wise: Considering Low Carb Products In Your Company’s Brand Portfolio

By Jennifer Lee
June 2004

The low carb industry has this year seen a dramatic boost in the range of products available across almost every sector. Even the candy industry has managed to stay current with this new shift in market demand. Hershey’s who launched their new 1 Gram Sugar Carb Bars in March, 2004, has decided to invest more in the product after seeing just how successful their line of sugar free Reese’s Peanut Butter Cups and chocolate bars were after their first year on the market.

With three different varieties including almond, plain chocolate and soy crisps on the line, carb counters can expect to see carbs fall back to anywhere from 16 to 18 grams per bar. An impressive feat and some other companies such as the Albanese Confectionary Group, have even started remaking the World’s Best Gummi Bears as the World’s Best Zeros, offering consumers 0 fat, 0 sugar and 0 net carbs.

More and more products we are seeing, ranging from Gummi Bears, to bread to beverages are taking the carb counter’s roll back and it appears that more companies are adding something that is low carb to their lists of options to offer the consumer. The beer industry is certainly becoming no stranger to these demands made on lower carb living.

With Michelob Ultra offering us 2.6 carbs per serving as of last September, Miller Lite is also putting up ads claiming that it was the original low carb beer, with just 3.2 carbs per serving. If it’s a race to see who has gotten there soonest, its certainly worth examining how these companies are benefiting in this new low carb market.

Labatt Breweries of Canada, one of Canada’s biggest brewers alongside Molson, introduced its first new low carb beer, as of December, 2003. Nigel Miller, Director of Public Affairs has been quoted as saying that its low carb beer, “Labatt Sterling is proving to be a success – it’s tracking more than 65% ahead of our projections and we’re only on the verge of the summer season when people tend to gravitate to a lighter, more refreshing beverage.”

When asked in a recent interview how the product is faring amongst consumers, Larina Dyck, Manager of Public Affairs for Labatt Breweries in Western Canada reported that, “people have tried it and they’re going back. They like the taste.” With no plans set ahead to take the low carb feature across to its other brands, Ms. Dyck reports that “Labatt Sterling has added to our portfolio and has added to Labatt’s overall sales.” Taking home the American-Style Lager Gold Medal this past year at the World Cup Beer Competition, their Blue Light product has also proven to be a hit, taste wise amongst light beer tasters.

When asked, how would you differentiate the light beer drinker from the low carb drinker Ms. Dyck said both varieties of beer offered a similar taste, to consumers. Though some have said low carb is more a fad than anything, Ms. Dyck reports, “I think we’re proving it is a long term lifestyle choice people are making and why not be in on that?”

Labatt, who currently employs roughly 3,800 Canadians and operates eight different breweries across Canada, distributes its products in 40 countries around the world. The low carb brand which was first introduced last year, is expected to continue on with the company for quite some time. Seen as “one of the strongest brands” in their portfolio, Sterling has been set aside in a class of its own.

When asked finally, whether she thought that there might be some emerging low carb beer contests eventually looming on the horizon, Ms. Dyck expressed, “I’m sure that by this time next year, for some of the low carb beers, there might certainly be a category.”

Jennifer Lee

Jennifer Lee has a degree in English Literature from the University of British Columbia. She holds a publishing certificate from Simon Fraser University and has worked at both Vancouver and Western Living magazines, where she began her career as an editorial intern. She has worked as an editor in countries such as Zimbabwe and South Africa, producing books, newsletters and editing various quarterly magazines on a variety of international development related topics. In South Africa, she worked to help produce a bi-weekly newsletter for the Institute for Security Studies on crime and corruption headlines which appeared in all national and provincial papers. Prior to working in southern Africa, she wrote articles for DMR Consulting, on mergers and acquisitions taking place in the market during 2001. She now produces a quarterly publication at the University of British Columbia and works on the side as a freelance writer.

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