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GlobalData
GlobalData

Consumer

Flagstone Foods’ bee-friendly almond farms will help save almonds environmentally harmful image, says GlobalData

Flagstone Foods has announced that it is committed to sourcing 100% of its almonds from bee-friendly farms by 2025, revealing an opportunity to rehabilitate the sustainability image of almonds, according to GlobalData, a leading data and analytics company. This initiative will likely appeal to US consumers, as GlobalData’s most recent 2021 Q1 consumer survey reveals […]
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Yum China’s commitment to reduce carbon emissions reflects the necessity of a corporate ‘green’ position, says GlobalData

Following the news that Yum China has committed to the global Science Based Targets initiative (SBTi) to reduce its carbon emissions; Fred Diamond, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “In recent years, there has been mounting pressure on businesses, particularly those with consumer-facing brands, to join the good […]
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Nestlé’s unique sustainable packaging initiatives likely to be attractive to 31% of French consumers but may be more difficult to recycle, says GlobalData

Following Nestlé’s announcement that it will be launching two new sustainable packaging developments to its Vittel range, with testing commencing in France in July; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Packaged water is one of the most consumed non-alcoholic drinks categories in France, and is buoyed […]
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JBS ransomware demonstrates the larger issue of effective cybersecurity in retail and foodservice, says GlobalData

Following today’s news (June 2) that a cyberattack has hit meat supplier JBS; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “This latest cyberattack demonstrates the larger issue of cybersecurity, a trend that is keeping CEOs in FMCG awake at night. As industry players increasingly adopt internet of […]
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Anheuser-Busch’s COVID-19 giveaway pairs corporate social responsibility with summer sales boost, says GlobalData

Following Anheuser-Busch’s announcement that it will giveaway free alcoholic beverage products if over 70% of US consumers are vaccinated by July 4; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Anheuser-Busch is emphasising consumption of alcoholic beverage products, which in recent years have seen a large downturn in […]
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Nestlé’s decision to update its health strategy aligns with 57% of health-conscious consumers, says GlobalData

Following Nestlé’s announcement that the majority of its food portfolio is unhealthy, Khalid Peerbaccus, Senior Researcher at GlobalData, a leading data and analytics company, offers his view: “With global obesity and methods of combating this issue at the forefront of many foodmaker’s strategies going forward, GlobalData has found that *57% of consumers globally say that, […]
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Nestlé’s NPDs are creating opportunities and attracting consumers towards dairy alternatives in Asia, says GlobalData

The Asian dairy drinks alternatives sector* is expected to grow YoY to 9.4bn litres by 2026 as Nestlé, a leading player in the area, strengthens its presence with new product developments (NPD), according to GlobalData, a leading data and analytics company. Sheryl Gajete, Beverages Analyst at GlobalData, comments: “Nestlé’s new product launches – a plant-based […]
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EUs 2030 CO2 target to accelerate ‘green credentials’ in Europe’s $2.4 trillion consumer goods industry, says GlobalData

The new EU climate laws, to be announced in June, will compel operators in Europe’s consumer goods industry – forecast to be valued at $2.4 trillion in 2021 – to restructure their operations in line with carbon neutral goals, writes GlobalData, a leading data and analytics company. Carmen Bryan, Consumer Analyst at GlobalData, comments: “The […]
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COVID-19 has created new opportunities for hybrid makeup and skincare products, says GlobalData

Fuelled by social distancing, ‘low-key’ or casual looks dominated both fashion and makeup during the pandemic period, which has seen consumers find a new level of appreciation for skincare rituals and ‘natural beauty’. Effortless looks with ‘glowing’ skin and delicate hues are the new standard, creating new opportunities for hybrid products that combine makeup with […]
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Gatorade celebrity endorsements will encourage consumption from younger age demographics, says GlobalData

Following today’s news (27 May) that Gatorade (PepsiCo) has signed 23-year-old DK Metcalf, Seattle Seahawks’ wide receiver, to endorse the brand; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “The Gatorade-Metcalf endorsement emphasises the brand’s continued efforts to market its products towards younger consumers. Gatorade is shifting its […]
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The Restaurant Group is well positioned to cash in on consumer visits driven by quality and convenience, says GlobalData

Following today’s news (May 25th) that The Restaurant Group’s sales have nearly reached pre-COVID levels since outdoor dining resumed in the UK; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite seeing a hefty 32.1% decline from £32.2bn in 2019 to a forecast-value of £21.8bn in 2020, the […]
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Clothing brands and retailers should open up about supply chains before legislative pressure kicks in

Clothing brands that remain guarded when it comes to transparency are risking their survival long term, as calls for the introduction of policy requiring firms to disclose information on supply chains continue to intensify. Companies should start taking the necessary steps to improve their sustainability performance and to track their supply chains, addressing any discrepancies, […]
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South Korea’s soups market to reach US$121.7m in 2025, says GlobalData

The South Korean soups market is projected to grow at a compound annual growth rate (CAGR) of 5.7% from KRW108.2bn (US$92.5m) in 2020 to KRW142.7bn (US$121.7m) in 2025, benefiting from busy lifestyles of consumers, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Soups Market Assessment and Forecasts to 2025’, reveals that […]
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