Ethnic Health Snacks
Share
Taking popular ethnic snack brands like Haldiram (which does $500M in sales) and creating healthier, better packaged versions targeted at a broader market.
Key Points:
-
Product Differentiation:
- Better packaging that appeals to mainstream consumers vs traditional ethnic packaging
- Healthier ingredients (baked vs fried)
- Same core product but optimized for health-conscious consumers
-
Market Opportunity:
- Existing brand (Haldiram) does $500M in sales primarily through Indian grocers
- Potential to expand distribution beyond ethnic stores to mainstream retail
- Target both ethnic and non-ethnic consumers with modern branding
-
Simple Business Model:
- Take existing popular product
- Improve packaging and health profile
- Expand distribution channels
- No need for complex innovation - just better execution of proven concept
-
Target Market Advantages:
- Appeal to health-conscious ethnic consumers (e.g. Indians with diabetes concerns)
- Make ethnic snacks more accessible to broader American market
- Leverage existing demand while expanding addressable market
This is a straightforward plan that doesn't require revolutionary innovation - just better packaging and healthier ingredients for an already successful product category.
14:30 - 16:23
Full video: 01:33:37SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.