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GlobalData
GlobalData

Consumer

Ongoing COVID-19 uncertainty in Europe to hinder Heineken’s full growth aspirations, says GlobalData

Following today’s news (21 April) that Heineken has released its Q1 2021 financials; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “While Heineken’s Q1 2021 earnings are a step in the right direction, the company’s full recovery potential is dampened by ongoing challenges in the foodservice industry, paired […]
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Global juice market will reach $44.7bn in 2021, partly driven by immunity-boosting claims, says GlobalData

Historically the juice category’s growth was hampered by sugar taxes and a negative health image, however, this trend is set to reverse in the coming years. The industry has a forecast growth of 3.6% from $43.1bn in 2020 to $44.7bn in 2021, bolstered by health-consciousness which is seeing consumers prioritise ‘immunity-boosting’ claims over ‘sugar-free’, according […]
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China’s soups sector to reach US$127.6m in 2025, forecasts GlobalData

Driven by the rising demand for the convenient ‘ready-to-eat’ food products, the Chinese soups sector is projected to grow at a compound annual growth rate (CAGR) of 5.0% from C¥670.8m (US$98.4m) in 2020 to C¥857.9m (US$127.6m) in 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Soups – Market Assessment and Forecasts […]
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PepsiCo’s LIFEWTR-Issa Rae collaboration to connect with two thirds of socially-conscious US consumers, says GlobalData

Following today’s news (14 April) that PepsiCo’s LIFEWTR will team up with US actress Issa Rae to launch ‘Life Unseen’; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Brand partnerships with A-class celebrities – particularly those focused on a popular social cause – have seen tremendous success during […]
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Beverage volumes rose by 6.6% during Q4 2020 in Kyrgyzstan, says GlobalData

Kyrgyzstan’s beverage industry saw its volume rise by 6.6% during Q4 2020 due to volumetric gains in all sectors, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Kyrgyzstan Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’ reveals that the soft drinks sector’s […]
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Hong Kong beverage volumes fall 5.3% in Q4 2020, reveals GlobalData

Hong Kong’s beverage industry saw volume decline by 5.3% during Q4 2020 owing to volume declines in all sectors, except dairy drinks, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Hong Kong Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’, reveals that […]
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Bulk water grew significantly and dairy drinks moderately in Philippines’ beverages market in Q4 2020, says GlobalData

Bulk/HOD volumes grew by 14.8% in Q4 2020, while dairy drinks posted a moderate growth of 2.5% in the Filipino beverages market, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’ reveals that bulk […]
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