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GlobalData
GlobalData

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Kellogg’s split into three separate companies will strengthen its foothold in snacking business set to be worth $232 billion by 2026, says GlobalData

Following the news that US food giant Kellogg’s will split into three independent companies in a radical transformation;Nidhi Chauhan, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Kellogg’s recent announcement to split the business into three independent companies, sectioning off into snacking, cereal, and plant-based businesses, is a logical […]
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Asia-Pacific businesses are most concerned about the impact of the Omicron variant of COVID-19, according to a GlobalData Poll

In GlobalData’s latest poll, 38%* of global respondents reported that they expect the Omicron variant of COVID-19 to have a negative impact on their business. Attitudes towards Omicron were the most prominent in the Asia-Pacific region (APAC), with 44%* reporting they expect the variant to have a negative impact. The leading data and analytics company […]
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Critical munition reserve requirements are a reaction to Javelin and Stinger production woes, says GlobalData

Following the news that the National Defense Authorization Act will require the establishment of critical munition reserves and launch a scheme to track subcontractors involved in their production;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “The inclusion of the new requirements shows a longer-term response to the […]
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Asia to lead global urea capacity additions by 2030, says GlobalData

Currently, Asia accounts for one-fourth of global urea capacity additions and is expected to have a capacity of 16.43 million tons per annum (mtpa) by 2030, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Urea Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030,’ reveals […]
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Biological E. has carved out its place in India’s COVID-19 vaccine market following Corbevax’s approval, says GlobalData

The Drugs Controller General of India (DCGI) recently approved Biological E.’s Corbevax vaccine as the first heterogeneous COVID-19 booster vaccine in India for adults above 18 years who have received two shots of Covaxin or Covishield. Corbevax has the added advantage of scalability and thermostability, making it suitable for deployment in low-resource settings, says GlobalData. […]
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Mondelez-Clif deal highlights returning demand for energy-boosting snacks post-pandemic, says GlobalData

Following the news that Mondelez International has bought US energy bar maker Clif;Alice Popple, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Mondelez’s initiative to expand its snack business highlights people’s persistent demand for easy, convenient, on-the-go food. Globally, 47%* of consumers deem ‘convenience’ to be essential when making a […]
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Twitter influencers’ discussions around ‘Recession’ spiked by 115% in Q2 2022, finds GlobalData

Twitter influencers’ conversations around ‘Recession’ have been continuously rising since the beginning of 2022 and recorded a 115% rise in Q2 (Apr-Jun*) 2022, over the previous quarter, according to leading data and analytics company GlobalData’s Social Media Analytics Platform. The significant spike in influencers’ discussions on ‘Recession’ was noticed in the third week of June, when […]
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Japan’s credit card payment to reach nearly US$900 billion in 2025 following the easing of COVID-19 restrictions, forecasts GlobalData

Improving economic conditions and rising consumer spending following the easing of COVID-19 restrictions will drive the growth of the Japanese credit card payments market by 7.8% in 2022, according to GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics database, the value of credit card payments in Japan is estimated to […]
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Magdrive’s novel electric propulsion device could revolutionize space for civil and defense uses, says GlobalData

Following the news that UK-based firm Magdrive plans to test a novel electric propulsion device in 2024;James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers their view: “Magdrive is developing a compact, energy-efficient engine to allow spacecraft to make minor adjustments whilst avoiding the drawbacks of expensive chemical thrusters. […]
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Sanctions from Western countries have weakened the oil and gas construction pipeline in Russia and Eastern Europe, says GlobalData

The sanctions placed on Russia as a result of the Russia-Ukraine conflict has led to a $75.0 billion decline from the previous quarter in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital have halted the construction of numerous oil and gas projects, says GlobalData, a leading […]
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Binance looks ready to weather the crypto winter whilst some other crypto companies will be left in the cold, says GlobalData

Following the news that Coinbase, Gemini, Cypto.com and BlockFi are laying off staff whereas Binance will continue to hire; Dr Lil Read, Senior Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “We’re plummeting into a cold crypto winter, and we haven’t hit the freezing point yet. Rumours and fears are […]
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US wireless carriers increase the amount of promotions in 2022 to entice consumers as competition between carriers intensifies, says GlobalData

As the number of wireless carriers and original equipment manufacturers (OEM) shrink in the US, companies are trying to increase revenue and phone sales and retain and poach customers. For this, smartphone deals are increasing in importance for consumers, found GlobalData. According to the leading data and analytics company’s latest report, ‘Smartphone Promotions: US Market – […]
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