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The Armenian beverage volume declined from 250.6 million liters in Q4 2019 to 247.5 million liters in Q4 2020, falling by 1.2% Year-on-Year (YOY), says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Armenia Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’ reveals […]
Beverage volumes in Japan register 3.4% drop in Q4 2020, says GlobalData
The Japanese beverages market volume declined in Q4 2020, driven down by strong decrease in the dairy drinks and soft drinks sectors, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Quarterly Beverage Forecast Data Book 4th Quarter 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’, reveals that flavored […]
Aroma Kiosk to guide 61% of Mexican consumers by their preferred scents, expects GlobalData
Following the launch of Givaudan’s Aroma Kiosk, shoppers in Mexico are now being offered a tailor-made experience that is led by suggestions based on their preferred aromas; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Digitalization has progressed in recent years to supply the ‘oil’ of the 21st […]
Fall in Indonesian beverage industry volumes cushioned by strong dairy drinks sector growth in Q4 2020, says GlobalData
The Indonesian beverages market posted a year-on-year (y-o-y) volume fall of 1.7% in Q4 2020, cushioned by a sturdy dairy drinks’ sector growth of 7.9%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’, […]
Easter shopping expected to decline for second year running, says GlobalData
COVID-19 may have a lasting impact on Easter as a retail occasion, as the number of people intending to buy Easter gifts and meals is expected to decline for a second year running, says GlobalData, a leading data and analytics company. Zoe Mills, Retail Analyst at GlobalData, comments: “The reopening of non-essential stores from 12 […]
South Korean beverages industry witnesses marginal volumetric fall in Q4 2020, says GlobalData
The South Korean beverages industry volumes decreased by 1% in Q4 2020 on a year-on-year (Y-o-Y) basis. Led by growth in flavored milk, evaporated milk, condensed milk and white milk categories, the dairy drinks sector saw volumes rise by a moderate 1.7% in Q4 2020 compared to Q4 2019, says GlobalData, a leading data and […]
Australian beverages industry volumes fell by 4.2% in Q4 2020 over the same quarter of 2019, says GlobalData
The Australian market for beverages (dairy and soy drinks, alcoholic drinks, soft drinks and hot drinks) saw consumption fall by a year-on-year (y-o-y) rate of 4.2% in Q4 2020, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft […]
Nestle developing its enhanced water portfolio in the US, says GlobalData
Not long after Nestle announced plans to sell a number of its packaged water brands, the company has purchased enhanced water producer Essentia, marking the start of its expansion to premium waters. Nestle’s acquisition symbolises a strategic move, considering that in the last five years, North America’s enhanced water market grew by 4.3%* in volume […]
India’s beverages industry declines in Q4 2020 as consumers remain reluctant to step-out, says GlobalData
Despite the Indian government’s efforts to the drive the economic activity, people remain reluctant to travel and dine-out, driving down the ‘on-trade’ volumes of beverages, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’ […]
Azerbaijan’s beverages industry witnessed 7.8% volumetric rise in Q4 2020, says GlobalData
Azerbaijan’s beverages market posted a year-on-year (y-o-y) increase in volumes by 7.8% in Q4 2020, led by soft drinks (excluding bulk/HOD water), says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Azerbaijan Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’, reveals that soft […]
Chinese beverages industry showed signs of recovery in Q4 2020, says GlobalData
The Chinese market for beverages (dairy and soy drinks, alcoholic drinks, soft drinks, and hot drinks) showed signs of recovery in Q4, mainly driven by the dairy and soy drinks, and milk alternatives sectors as consumers sought nutritious products in a bid to maintain their health during the COVID-19 pandemic, says GlobalData, a leading data and analytics […]
Coca-Cola’s paper bottle will open new world of sustainable packaging possibilities, says GlobalData
Coca-Cola’s innovative new paper bottle for plant-based beverage AdeZ will attract the 43% of global consumers that stated how ethical or environmentally friendly a product is influences their product purchasing decisions, according to a survey by GlobalData*. The move will encourage other companies to launch plastic packaging alternatives, and, in the long-term, consumers should expect […]
Novel technology creating packaging from orange peel capitalizes on consumer demand for more socially responsible products, says GlobalData
Spanish food manufacturer, AMC Natural Drinks, is taking steps to embrace environmental responsibility by launching its first ever plastic-free bottle made with citrus peels. This novel technology can help to avoid food waste, as well as reduce greenhouse gas emissions and capitalizes on growing consumer demand for more socially responsible products, says GlobalData, a leading […]
COVID-19 is not sole influencer of beer declines in East and Western Europe markets, says GlobalData
Recent 2020 annual performance results published by breweries including Heineken and Carlsberg highlight that beer consumption took a sizeable hit through 2020, with the closure of on-premise outlets hampering sales potential for both companies, writes GlobalData, a leading data and analytics company. Holly Inglis, Beverages Analyst at GlobalData, comments “Although COVID-19 has massively impacted the […]
Deliveroo’s IPO success critical for ambitions to crack US market, says GlobalData
Following today’s news (15 March 2021) that Deliveroo has announced plans to commit £1bn ($1.39bn) to float shares of the company on the UK stock market; Jim Toy, Consumer Analyst at leading data analysis company, GlobalData, shared his view on the news: “Deliveroo remains an influential, competitive force in the UK, and success with this […]
Mother’s Day 2021 trends: indulgence a key trend as one third of UK women prefer novel flavors in products
Mother’s Day will be yet another holiday affected by ongoing lockdowns. Naturally, concerns surrounding the pandemic ramped up in the UK throughout March 2020, particularly in the week leading up to Mother’s Day – when the government urged for the public to practise social distancing and ordered for all locations of public gatherings such as […]
Philippines dairy industry Vinamilk’s next cash cow, says GlobalData
The Philippines dairy market recorded a robust growth in 2019* and is continuing to attract both regional and international players. The entry of Vinamilk, the largest dairy manufacturer in Vietnam, marks a strategic and cash booster move given the heightened interest for dairy products in the country, says GlobalData, a leading data and analytics company. […]
UK foodservice meteoric online rise in 2020 is set to continue into 2021 as Just Eat’s orders soar, says GlobalData
Following today’s news (10 March) that Just Eat’s UK orders increased 35% over 2020; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on the outlook for the UK foodservice industry in 2021: “Online aggregators like Just Eat, Deliveroo and Uber Eats are in an extremely strong position at […]
Unilever dropping ‘normal’ supports social causes, an essential driver of purchases for a quarter of global shoppers
Following today’s news (9 March) that Unilever has dropped ‘normal’ claims when referring to skin and hair types in a bid to push an inclusivity message; Amira Freyer-Elgendy, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Removing descriptors such as ‘Normal’, alongside other inclusivity actions such as the company’s promise […]
New alcohol display rules could push Japanese consumers towards nolo drinks, says GlobalData
Japanese brewers are now expected to display alcohol content by gram on the product labels as part of the government’s initiative to tackle alcohol related health problems, including addiction. This could create a promising opportunity for no- and low- (nolo) alcohol beverages, particularly as one third (33%)* of Japanese consumers claim they are always or […]