GlobalData
GlobalData

Consumer

Product personalization to drive Australia make-up market at 3% CAGR through 2025, says GlobalData

Make-up demand in Australia is primarily motivated by minimalistic and personalized products. Subsequently, the market is projected to grow at a compound annual growth rate (CAGR) of 3% from A$1bn (US$0.7bn) in 2020 to A$1.2bn (US$0.9bn) in 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Make-up – Market Assessment and Forecasts […]
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Nestle’s new initiative highlights how upcycling can tackle APAC’s mounting food wastage problem, says GlobalData

Even as governments grapple with the challenges of ensuring long-term food security for millions in the region, the Asia-Pacific (APAC) remains one of the top contributors to the global food waste problem. Nestle Singapore’s recent move to upcycle food byproducts from its factories showcases how corporations can address this crucial issue, says GlobalData, a leading […]
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Pep+ positions PepsiCo ahead of the curve for sustainability goals, says GlobalData

Following PepsiCo’s introduction of Pep+, a policy that aims to improve the company’s agricultural footprint by addressing its packaging processes and greenhouse gas emissions; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Pep+ will keep PepsiCo ahead of the competition amid consumers’ ever-increasing demand for sustainability. The policy […]
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Global food prices hike could drive consumers away from restaurant visits and into discount retailers as GlobalData survey confirms that 91% of consumers have a preference for cooking meals at home

Following the news that food inflation is at its highest since the 1970s; Hannah Cleland, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this will impact consumer spending: “Higher food prices combined with the ongoing economic impact of the pandemic will inevitably shift consumer spending priorities away from […]
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Bud Light Next will appeal to third of US population focused on fitness and cutting carbs, according to GlobalData

Following today’s (16 September 2021) news that Anheuser-Busch is launching its first-ever zero-carb beer, Bud Light Next; Khalid Peerbaccus, Senior Researcher at GlobalData, a leading data and analytics company, offers his view: “A beer from a recognized brand like Anheuser-Busch that addresses the demand for fewer carbs will find popularity in a market increasingly driven […]
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Crackdown on Wanghong restaurants indicates China’s intent to plug holes in food-safety laws, says GlobalData

Implementing food safety is a challenge in the fragmented Chinese food industry, which is dominated by a plethora of small and medium scale enterprises. As a result, over the years China has periodically been in the news for alarming food-safety violations ranging from melamine-tainted infant milk powder to ‘gutter’ (recycled) cooking oil. The recent crackdown […]
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McDonald’s McPlant burger will see success with UK’s non-meat eaters despite late market entry, says GlobalData

Following today’s news (9 September) that McDonald’s will be trialling a plant-based burger in some of its UK stores; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The McPlant burger will join the list of existing plant-based products in the UK foodservice sector, such as the growing alternative […]
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Burger King’s celebrity endorsements will promote its natural rebrand to 38% of US population that demand healthier foods

Following today’s news that Burger King will release a celebrity endorsed meal range, ‘Keeping it Real’, in line with its recent ban on 120 artificial ingredients; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Burger King is hoping to cash in on the immense success that McDonald’s sponsored […]
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