Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Consumer

Indian whiskey gains global recognition to compete with major international brands, says GlobalData

Indian whiskey, long considered a rum-variant for being made with spirits fermented from molasses, is now witnessing a transformation on the world stage, ready to end the dominance of global Scotch brands, including Talisker and Glenlivet. A largely spirits-consuming nation unlike other beer-dominated Asian countries, India is fast becoming a major producer of single malt […]
Read more

Mexico’s premiumization trend offers brand growth opportunities despite economic pressures, says GlobalData

As high inflation leads Mexican consumers to switch to mainstream and discount products Nestle and Preferred Popcorn show there is still a premium opportunity Premiumization has provided the competitive Savory Snacks and Hot Drinks market in Mexico, collectively worth $238.5 million in 2022, representing a CAGR of 4.8%, from 2018 to 2022, with strong opportunities for […]
Read more

Captain Morgan’s Spiced Gold 0.0% launch balances mindful drinking with legendary taste, says GlobalData

In a world where health-conscious choices and mindful drinking are gaining momentum, Captain Morgan has charted a new course by introducing Captain Morgan Spiced Gold 0.0%. In the dynamic landscape of alcoholic beverages, the emergence of Captain Morgan Spiced Gold 0.0% exemplifies a brilliant understanding of “demand spaces”, says GlobalData, a leading data and analytics […]
Read more

APAC food and beverage brands can leverage throwback marketing amid turbulent times, says GlobalData

Asia-Pacific (APAC) food and beverage brands are banking on retro and vintage-themed product recipes, packaging, and marketing content to stoke consumer nostalgia. Such throwback marketing strategies can appeal to consumers in light of the growing apprehensions due to geopolitical tensions, climate change, the cost-of-living crisis, and economic uncertainty. For instance, 57% of APAC respondents said […]
Read more

Fierce competition stokes product innovation and price wars among Chinese café operators, says GlobalData

Multinational and regional café chains have rapidly proliferated across Mainland China over the last two decades. As the top-tier cities become saturated, more café chain operators, including Luckin Coffee and Starbucks, are expanding into smaller towns. However, intensifying competition is accelerating product innovation and triggering price wars among these operators. As per-outlet revenues are squeezed, […]
Read more

Leading food and beverage companies set sights on Asia’s lucrative egamer market, says GlobalData

Food and beverage companies are targeting Asia’s lucrative electronic games (egames) market by rolling out customized functional products and sponsoring esports events in collaboration with leading game developers. Opportunities are rife for such products in China, which by itself is a $50 billion-plus market for mobile, personal computer, console, and cloud gaming software, as well […]
Read more

Asian food and drink makers diversify functional offerings to suit changing consumer needs, says GlobalData

The COVID-19 outbreak gave a fillip to functional and fortified foods and beverages such as vitamin drinks that claim to boost immunity against infections. However, with the pandemic waning, manufacturers are turning their attention to other functional attributes beyond immunity boosters. Additionally, Asian food manufacturers are striving to expand their portfolio of functional offerings, going […]
Read more

‘The Great Volatility’ Macro Supercycle: Impacts and insights for the beverage industry in a new age of global economic instability

A new GlobalData whitepaper, ‘The Great Volatility’ Macro Supercycle explores the instability in the current macro environment and the risks and opportunities this will bring for the beverage industry over the next few years.GlobalData Consumer Custom Solutions, one of the leading providers of consultancy services to the Retail, Food, Beverage and Packaging industries, has released a new whitepaper exploring […]
Read more

Lotte looks to tap Indian festive demand with Coffy Bite Rich candy launch, says GlobalData

Confectionery manufacturers are gearing up to launch new products for the upcoming Indian festival season, incentivized by the low inflationary pressure on the category. Sales of hard-boiled sweets, one of the largest segments of sugar confectionery, are rising due to their pocket-friendly pricing and diverse consumption occasions. Leading confectionery manufacturers, such as Lotte with its […]
Read more

Health and affordability key to tapping Indonesia’s soft drinks market, opines GlobalData

Since the authorities lifted all COVID-19 restrictions, on-the-go and on-premise consumption of non-alcoholic beverages has surged in Indonesia. However, consumers remain price-sensitive in light of the recent inflationary spike and economic uncertainty. This calls for soft drinks manufacturers to strike a fine balance between health & wellness and affordability to succeed in the Indonesian soft […]
Read more

Opportunities rife for ethnic Indonesian fermented food and drinks firms in neighboring APAC countries, says GlobalData

Indonesia is a treasure trove of traditional fermented food and beverages. The demand for such probiotic/prebiotic-rich foods has risen significantly since the COVID-19 outbreak. In light of this rising demand, the Indonesian food safety agency recently released new legislation for regulating the production and marketing of fermented food and drinks. This will aid local manufacturers […]
Read more

Digitalization and personalization key for Indonesia’s foodservice sector growth, says GlobalData

The foodservice market in Indonesia has been experiencing dynamic trends that reflect the country’s diverse culinary landscape and evolving consumer preferences. From the influence of digital technology to the growing emphasis on personalized menus, the industry has undergone significant transformations in recent years. As one of the largest and most vibrant markets in Southeast Asia, […]
Read more

Precision fermentation pivotal in evolution of Malaysia’s dairy alternatives market, opines GlobalData

Plant-based dairy drinks alternatives, particularly soy, oat, and almond milk, have gained considerable popularity among Malaysians in recent years due to their health benefits. However, the category’s mainstream penetration is being constrained by deficiencies in flavor, texture, and aroma, and high product prices. New technologies such as precision fermentation are thereby pivotal for catalyzing the […]
Read more

Cultivated meat technology to disrupt $5.6 billion Malaysia meat and seafood markets, says GlobalData

The cultivated meat or lab-grown meat industry, which has gained a foothold in Singapore, is rapidly spreading its wings to neighboring Asian countries, including Malaysia. Cell AgriTech, a local food-tech startup, is at the forefront of the cultivated meat movement in Malaysia, in collaboration with Singapore-based Umami Meats. The company is commissioning a manufacturing plant […]
Read more
1 … 9 10 11 12 13 … 51