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Consumer

‘NoLo’, craft beers and cider to reap benefits of UK alcohol duties simplification, says GlobalData

Following the recent UK budget announcement by Chancellor Rishi Sunak that the UK’s alcohol duties will be simplified; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Non-alcoholic and low-alcohol (NoLo) beers and fruit ciders have the opportunity to grow significantly following the chancellor’s simplification of the UK’s alcohol duties. […]
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McDonald’s ‘three D’s’ strategy helped it beat Q3 sales estimates

Following today’s news that McDonald’s has reportedly beaten its Q3 sales estimates; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “McDonald’s has demonstrated a winning strategy during this challenging period. By focusing on digital, delivery and drive-thru – neatly dubbed as the ‘three D’s’ – the company has […]
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Unilever to see rocky future as price inflation continues, says GlobalData

Following today’s news that Unilever’s Q3 results reported underlying sales growth of 2.5%, with 4.1% price and (1.5)% volume; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Unilever’s focus on investments and divestments has really paid off, helping support the company through rocky waters. However, the price inflation […]
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Snacking continues to win the day for PepsiCo, but its supply chain strategy must improve to meet high demand levels, says GlobalData

Following news that PepsiCo announced a rise in earnings in Q3 2021; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Sales from PepsiCo continue to soar, despite ongoing challenges born from COVID-19, as well as its factory disruption this quarter (Q3). The company’s decision to diversify its product […]
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Next-generation plant-based eggs could be a gateway ingredient into healthier eating, says GlobalData

With almost a third* of global consumers telling GlobalData that they are willing to choose vegan eggs over traditional eggs, the leading data and analytics company notes that these could offer consumers a gateway into plant-based/vegan diets. Carmen Bryan, Consumer Analyst at GlobalData, comments: “Plant-based eggs are the perfect transitional product to adopt a healthier […]
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‘Shock factor’ soft drink flavors on the rise, says GlobalData

The traditionally popular flavors of cola, lemon-lime and pepper saw a combined 4.3% volume decrease in 2020, according to GlobalData. While these flavors will remain dominant, the leading data and analytics company says that leading drinks brands are making room to experiment with unique, limited-time-only flavors that entice a young generation that is fuelled by […]
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India’s make-up market growth to be led by quality-conscious, digitally savvy consumers, says GlobalData

The growth of make-up market in India is forecasted to grow at a compound annual growth rate (CAGR) of 9.6% from INR86.7bn (US$1.2bn) in 2020 to INR137.1bn (US$1.6bn) in 2025, majorly driven by quality-conscious and digitally savvy consumers, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Make-up – Market Assessment and […]
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Halal make-up gains momentum in Indonesia, finds GlobalData

The make-up market in Indonesia is projected to grow at a compound annual growth rate (CAGR) of 5.7% from Rp6.6bn (US$0.4bn) in 2020 to Rp8.7bn (US$0.6bn) in 2025, driven by the Halal-certified make-up, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Make-up – Market Assessment and Forecasts to 2025’, reveals that the […]
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Q-commerce is rapidly emerging as the next big delivery option, says GlobalData

Quick commerce (q-commerce), also commonly referred to as ‘on-demand delivery’ and ‘e-grocery’, is quickly becoming a favorite tool for time-scarce city dwellers. The five main factors driving the rapid rise of q-commerce are busy lifestyles, urbanisation, smaller households, COVID-19, and ageing population, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Q-Commerce […]
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Top Asian beauty brands banking on premium skincare and omnichannel strategies to revive profitability, says GlobalData

With the COVID-19 induced lockdowns, consumers felt little need to apply make-up and maintain their external appearance. However, while staying at home, consumers found more time to pamper their skin to attain naturally healthy skin. This motivated the luxury brands to shift their focus from color cosmetics to premium skincare, and home-based beauty treatments, says […]
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