Amaranth Protein Competitive Analysis

Open
Kay's Amaranth Inc.
Brossard, Québec, Canada
Katsiaryna Apet
Founder
(4)
3
Project
Academic experience
60 hours of work total
Learner
Canada
Intermediate level

Project scope

Categories
Market research Competitive analysis Marketing strategy
Skills
marketing research business communication business presentations qualitative data analysis quantitative data analysis
Details

Kay's Amaranth Inc. is seeking to strengthen its position in the plant-based protein market by understanding the competitive landscape. The project involves conducting a comprehensive analysis of major plant-based proteins, such as soy, pea, and rice proteins, among others. The goal is to identify the unique competitive advantages of amaranth-based protein in terms of nutritional value, sustainability, cost-effectiveness, and market demand. This analysis will help Kay's Amaranth Inc. to better position its product in the market and develop strategic marketing and product development plans. The project will require the team to apply their knowledge of market research, data analysis, and industry trends to deliver actionable insights.

Deliverables

The project deliverables will include a detailed report summarizing the findings of the competitive analysis. This report should highlight the strengths and weaknesses of amaranth-based protein compared to other plant-based proteins. Additionally, a presentation will be prepared to communicate the key insights and recommendations to Kay's Amaranth Inc.'s management team. The deliverables should provide clear, data-driven insights that can guide strategic decisions.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Good health and well-being

About the company

Company
Brossard, Québec, Canada
2 - 10 employees
Agriculture, Food & beverage, Hospital, health, wellness & medical
Representation
Women-Owned

The company in engaged in extraction and distribution of amaranth-based protein as well as development of health food products made from amaranth.