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In 2020 and continuing into 2021, COVID-19 has profoundly affected trading in the UK, with the cider market losing 16.3%* volume in 2020, dropping to 7837.36 thousand hectolitres, according to GlobalData. However, the leading data and analytics company notes that, with restrictions being lifted and most businesses emerging from lockdown, the possibility of a successful […]
Wagamama chef shortages a symbol for growing traceability demand, says GlobalData
Following today’s news (6 September) that Wagamama warns of potential price hikes off the back of labour shortages; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Wagamama’s chef shortage represents a wider issue that needs to be nipped in the bud. Further supply chain disruption is inevitable in […]
Top five themes reshaping the soft drinks sector over 2021/2022, according to GlobalData
After a tumultuous 18-month period following the COVID-19 pandemic, the global soft drinks market is expected to grow by 3.6%* in 2021 to 898.5 billion litres compared to 2020, primarily driven by energy drinks and iced/RTD tea style beverages. In order to navigate this developing market, GlobalData, a leading data and analytics company, has identified […]
Top five innovative flavors shaping the global soft drinks landscape in 2021, according to GlobalData
The non-alcoholic drinks sector recorded a compound annual growth rate (CAGR) of 0.9%* between 2015 and 2020. Producers have seen a challenging landscape in recent years, battling rising costs, sugar taxes, packaging legislations and, of course, the COVID-19 pandemic. This resulted in global efforts to reduce calorie and sugar content in product ranges, as well […]
Nando’s may be reopening this Saturday, but the industry is not out of hot water yet
Following the news that Nando’s plans to reopen its restaurants from Saturday after having been forced to shut outlets due to supply chain issues; Roshni Patel, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “In response to the outlet closures, Nando’s has shown great initiative by announcing that it will […]
Second-hand gifts in the UK will see a boost this Christmas amid logistic disruptions, says GlobalData
A combination of logistic bottlenecks and a shortage of HGV drivers is set to disrupt toy supplies this Christmas, leading to potential price hikes and limited stock for consumers. After a challenging period—wherein 37% of Brits* reported that their budget has reduced in the last year—many may turn to second-hand toys in their Christmas stockings […]
Personalisation and synergy are vital to future of brand sponsorship in sports
Sports affiliations make up a large proportion of marketing and advertising techniques in the modern world, which can both encourage a favorable brand image or emphasise outdated values in a fast-evolving industry, says GlobalData. The leading data and analytics company notes that it is important to recognise that synergy between brands and influencers – whether […]
Deliveroo sees strong results as one in five Brits order a takeaway at least once a week
Following today’s news (11 August) that Deliveroo has released its HY 2021 results, seeing its orders double to 148.8 million; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Many consumers have become comfortable with a digital lifestyle during the COVID-19 pandemic, and it will be difficult to unlearn […]
Tyson Foods saved by booming beef demand in restaurants, says GlobalData
Following today’s news (9 August) that Tyson Foods’ meat and poultry sales have increased from its last report; Khalid Peerbaccus, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While COVID-19 impacted Tyson during 2020, it is experiencing a recovery thanks to the re-emerging restaurant industry and a strong desire among […]
BTS and fast food craze boosts McDonald’s H1 earnings, says GlobalData
Following today’s news (28 July) that McDonald’s Q2 earnings have risen from the last report, showcasing levels of growth throughout the company; Khadija Begum, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “McDonald’s has benefitted from a COVID-19-driven growth of interest towards the fast-food industry. According to a survey by […]
Oktoberfest cancellation to further drive down consumption of Germany’s beer industry
For the second year in a row, leading global beer festival, Oktoberfest, has been postponed due to the COVID-19 pandemic. Cancelling this festival will interrupt the potential regrowth of Germany’s beer category, which declined by 5.1%* in volume terms in 2020, reducing to 7.7 million litres, according to GlobalData, a leading data and analytics company. […]
Online beauty tutorials greatly appeal to the young and wealthy in Asia and South America, says GlobalData
Make-up is a fast-moving industry and technology will continue to play a crucial part in pushing it forward, according to GlobalData. The leading data and analytics company notes that live launch events and online masterclasses were vital in reaching audiences during the pandemic. In fact, a survey* by GlobalData identified that beauty tutorial videos were […]
Unilever beats sales estimates off back of strategic investments, says GlobalData
Following Unilever’s announcement that it has reported H1 2021 underlying sales growth of 5.4%, with 4.0% volume and 1.3% price; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite difficult market conditions this year, Unilever has pulled through with consistent growth once again. The company’s beauty and personal […]
Coca-Cola’s positive Q2 results emphasise light at the end of the tunnel for soft drinks, says GlobalData
Following Coca-Cola’s announcement that its Q2-2021 net revenues grew by 42% globally for its beverage’s performance; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Success for Coca-Cola across all regions in Q2-2021 clearly emphasises a step in the right direction for the company to achieve pre-COVID-19 volumes. Not […]
PepsiCo’s Q2 2021 success highlights potential growth for the overall non-alcoholic beverage category in the long-term
After what has been a dismal year for sales of some non-alcoholic beverage categories across the globe due to COVID-19 restrictions to on-premise trade and social gatherings, PepsiCo’s announcement that its beverage division grew by double-digits in volume highlights the start of recovery for the non-alcoholic drinks segment, says GlobalData, a leading data and analytics […]
UK aims to make ‘healthy food’ synonymous with ‘good for the environment’, says GlobalData
Following the recent announcement of the UK national food strategy reform, Jenny Questier, Senior Consumer Analyst at leading data and analytics company GlobalData notes that these reforms will help blur the lines between individuals’ health and environmental health, making ‘healthy food’ synonymous with ‘good the the environment’. Questier says: “Many consumers’ purchasing decisions take into […]
E-commerce to push APAC haircare market growth at 3.7% CAGR through 2025, says GlobalData
The Asia-Pacific (APAC) region was the second-largest global haircare sector market with value sales of US$30.3bn, accounting for a share of 32.9% in 2020. Benefiting from the high living standards, rising health consciousness and growth of e-commerce channel, the APAC region is forecast to grow at a value compound annual growth rate (CAGR) of 3.7% […]
M&S ‘banana bundle’ reflects emerging demand to tackle food wastage
M&S’s introduction of a banana bundle, that would see it selling a minimum of three extra ripe bananas and two recipe cards for 25p, could appeal to 35% of shoppers in the UK who are interested in purchasing socially-responsible products* and are willing to make purchases that are aligned with the sustainability trend, says GlobalData, […]
Growing middle class to drive APAC make-up sector growth through 2025, says GlobalData
Rising disposable incomes and a burgeoning middle class are set to spur the Asia-Pacific (APAC) make-up sector at a compound annual growth rate (CAGR) of 6.5% from US$17.7bn in 2020 to US$24.3bn in 2025 , says GlobalData, a leading data and analytics company. GlobalData’s report, ’Asia-Pacific Make-up Sector to 2025 – Market Size, Growth Analysis, […]
Craft beer is a budding contestant to disrupt traditional German beer industry, says GlobalData
Germany’s beer industry, a well-developed market that prides itself on its traditional brewing process, is being threatened by craft beer as consumers are becoming more experimental with products, says GlobalData, a leading data and analytics company. Holly Inglis, Beverages Analyst at GlobalData comments: “Since 1516, German breweries have maintained focus on the German Purity Law; […]