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GlobalData

Consumer

Johnson & Johnson’s discontinuation of talc-based baby powder will restore trust as 79% of consumers prefer ‘natural’ and ‘free from’ formulations, says GlobalData

Following the news that Johnson & Johnson will discontinue its talc-based baby powder globally in 2023: Lia Neophytou, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The removal of Johnson & Johnson’s talc-based baby powder is a step in the right direction for the company to restore trust among […]
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The UK will remain one of the most rigorous countries when it comes to unhealthy foods despite delaying ban on buy-one-get-one-free deals, says GlobalData

Despite the UK government’s decision to delay a ban on buy-one-get-one-free deals for unhealthy snacks, the UK will continue to be one of the most rigorous countries when it comes to the marketing of unhealthy foods, especially when it comes to marketing them to children, says GlobalData, a leading data and analytics company. Amira Freyer-Elgendy, Food […]
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‘Clean’ beauty trend will drive Philippines’ skincare market to $1.5 billion by 2026, says GlobalData

The COVID-19 pandemic has stoked consumer interest in natural and sustainable cosmetics and personal care products in the Philippines, thereby lending momentum to a trend for ‘clean’ beauty products, says GlobalData. The leading data and analytics company notes that this trend will drive the projected growth of the Philippines’ skincare market from PHP51.8 billion ($1.1 […]
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Cybersecurity revenues in foodservice sector set to reach $2.1 billion in 2025 as companies digitally transform their operations, says GlobalData

The increased threat and complexity of cyberattacks, combined with tightening legislation to protect consumers’ rights, are driving cybersecurity spending in the foodservice sector, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Cybersecurity in Foodservice – Thematic Research’, reveals that global cybersecurity revenues in foodservice will grow from $1.2 billion in 2020 to […]
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Lifestyle diseases, propensity for self-medication to drive India OTC healthcare market at 4% CAGR through 2026, predicts GlobalData

Increasing health awareness in the aftermath of COVID-19 and soaring healthcare costs are driving the demand for over-the-counter (OTC) healthcare in India. As a result, the country’s OTC healthcare market is projected to grow at a compound annual growth rate (CAGR) of 4%, from INR200.4 billion ($2.7 billion) in 2021 to INR244.1 billion ($2.9 billion) […]
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Favorable demographics, e-commerce to drive China OTC healthcare market to $29.3 billion in 2026, forecasts GlobalData

China has rapidly emerged as one of the world’s largest over-the-counter (OTC) healthcare markets, driven by growing aging population, rapid urbanization, and the e-commerce boom. Against this backdrop, the Chinese OTC healthcare market is projected to grow at a compound annual growth rate (CAGR) of 3.3% from CNY158.6 billion ($24.6 billion) in 2021 to CNY187 […]
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Heinz and Tesco pricing row heightens food inflation fears as 76% of UK consumers are concerned about the impact of inflation on their household budgets, says GlobalData

Following the news that Kraft Heinz has stopped supplying products to Tesco in the UK;Nidhi Chauhan, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view:“Kraft Heinz has stopped supplying products to Tesco in a disagreement over pricing, as a rise in energy and commodity prices combined with supply chain challenges are […]
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GlobalData forecasts Australia over-the-counter healthcare market to surpass $5 billion in 2026

A rapidly aging population with a high risk of geriatric illnesses coupled with rising health costs due to COVID-19 make Australia a promising market for over-the-counter (OTC) healthcare. The launch of innovative non-prescription drugs and therapeutics, and smartphone apps for telemedicine is further driving the market growth. Consequently, the Australian OTC healthcare market is set […]
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Gorillas bets on consumers maintaining their online shopping habits during COVID-19 as it launches private label range, says GlobalData

Gorillas’ launch of a private label range is sure to resonate with the 54%* of Europeans who are currently in a financial pinch yet still looking for convenient shopping options, says GlobalData. The leading data and analytics company notes that as the COVID-19 pandemic and the cost-of-living crisis have changed consumer behavior, retailers such as […]
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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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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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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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South Korea’s skincare market will reach $11.4 billion in value by 2026 driven by easing of COVID-19 restrictions, says GlobalData

With most of South Korea’s COVID-19 restrictions being lifted, the resurgence in household incomes and consumer confidence will drive spending on skincare products as consumers are wanting to take better care of their skin now they can leave their homes, found GlobalData, a leading data and analytics company. GlobalData’s latest report ‘South Korea Skincare Market Size […]
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With Sugar Cosmetics investment LVMH eyes burgeoning cosmetics and toiletries market in India, opines GlobalData

Following the news that India-based omnichannel beauty startup Sugar Cosmetics has closed $50m Series D funding led by the Asia fund of L Catterton, part-owned by luxury house LVMH; Bobby Verghese, Consumer Analyst at GlobalData, offers his view: “LMVH invested in Sugar Cosmetics owing to the startup’s product development capabilities, stellar growth in both online […]
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