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Following today’s news that BRF has partnered with Aleph Farms to bring cultivated meat to Brazil, Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Following Aleph’s joint venture with Mitsubishi Corporation in Japan, Aleph’s latest partnership with BRF now gives them potential to disrupt the food industry in […]
APAC pet care market moving towards ready-made food to conserve time, says GlobalData
The COVID-19 pandemic has affected the businesses around the globe. However, the fast-moving consumer goods (FMCG) sector has been registering growth during the pandemic. In-line with this, the Asia Pacific (APAC) pet care market has also shown resilience and is set to perform strongly in 2021 with double digit value growth. Pet owners in the […]
UK Government wields its ‘fiscal firepower’ to encourage consumer spending
Following today’s unveiling of the Budget 2021 where Chancellor Rishi Sunak declared significant help for small businesses and consumers; George Henry, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The government has announced a swathe of measures designed to encourage consumer spending in both online and retail channels. According to […]
Absolut Vodka’s paper bottle to revitalise declining paper and board pack type in West Europe spirit segment, says GlobalData
After a long-awaited testing period, the launch of prototype ‘Absolut Paper’ is set to reset traditional perceptions around paper and board (P&B) packaging for spirits in the UK, writes GlobalData, a leading data and analytics company. This will be a plus for environmentally conscious consumers and the launch is likely to be successful due to […]
Low and no ABV beverages are shaping Western Europe spirits sector
As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products. Led by the beer and cider sector in 2010s, the 2020s will be the decade of ‘NoLo’ spirits. Between 2020–2024, low ABV products in the Western Europe Spirits sector will rise at […]
Canned wine is the trendy and sustainable future for on-the-go wine market
Currently, canned wine – underscored by UK-based company, Defy Wine’s new organic canned white wine – is the next innovation to disrupt the on-the-go wine market as sustainability, health, wellness, and moderation trends are prevailing, writes GlobalData, a leading data and analytics company. Holly Inglis, Beverages Analyst at GlobalData, comments: “Although wine in a can is a fairly recent concept and still in its infancy, it is a convenient, great single-serve choice when socialising at different consumption occasions. “Its small, and non-breakable packaging format makes it […]
Coca-Cola joins vital sustainability movement with new plastic-free packaging
Following the news that the Coca-Cola Company is trialling its first paper bottle, Alice Popple, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Coca-Cola trialling a new paper bottle comes as no surprise as there has been an increase in sustainability initiatives from brands attempting to revamp strategy and ensure […]
Platinum-Marston’s venture to miss golden opportunity as UK pub and bar sector set to recover, says GlobalData
Following today’s news that US-based group, Platinum, pulled out of a deal with British suburban pub chain, Marston’s; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Marston’s future revenue opportunities in the UKs pub, club and bar sector are promising when considering GlobalData’s sector forecast, which predicts a […]
Aunt Jemima’s rebrand will appeal to 43% of socially conscious consumers
Following the news that Aunt Jemima is being rebranded as the Pearl Milling Company by PepsiCo and its subsidiary Quaker; Khalid Peerbaccus, Senior Researcher at GlobalData, a leading data and analytics company, offers his view: “The name change could not come at a better time for some. GlobalData has found that *43% of consumers globally […]
Valentine’s Day will see an increase in demand for romantic meal kits and in-speriences
With Valentine’s Day around the corner and foodservice outlets either closed or providing takeaway only due to the current lockdown, leading data and analytics company GlobalData anticipates an explosion of interest in romantic meal kits as people seek to create intimate, restaurant-quality dinners at home. The company’s most recent research found that just under *one […]
Carlsberg’s 11% nolo increase fueled by millennials moderate alcohol intake and health consciousness
Following today’s release of Carlsberg’s 2020 financial statement, Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “All of the top beer brands saw their volume and value on-trade sales drop due to the impact of the COVID-19 pandemic. Brewers have had to adapt to unprecedented market conditions and […]
Unilever positive performance driven by 51% of Chinese consumers buying more household cleaning products, says GlobalData
Following the news that Unilever has released its 2020 full-year results; Frederick Diamond, Consumer Analyst at GlobalData, a leading market research company, offers his view on how the pandemic, when responded properly, can offer gains for diverse brand portfolios: “Unilever’s 2020 announcements clear the global shift in priorities by consumers in one of the most […]
PepsiCo shifts CSR narrative by halting political investments and committing to loftier green goal
In light of the political unrest and storming of Capitol Hill, PepsiCo has shifted its corporate social responsibility (CSR) narrative by announcing that it will suspend all financial political action. This was followed by a pledge within the same week to achieve more than double its climate goals, illustrating how sustainability issues can be used to potentially shift public opinion. Climate change activism is widely considered a worthwhile cause, with *145% of US […]
Top three consumer trends shaping Valentine’s Day this year
Valentine’s Day will be fundamentally different this year, restricted by lockdowns and social distancing practices that still plague much of the western world. That said, it is far from cancelled, with several FMCG players flipping the script to release fun and unique products, driven by key themes that emerged in the midst of the pandemic. […]
Meal replacement trends in China as over two-fifth consumers seek fitness F&B products amid COVID-19, says GlobalData
With obesity suggested and accepted to *1increase the risk of severe symptoms and complications of COVID-19, *244% consumers in China are interested and actively buying food and beverage (F&B) specifically designed to support fitness/exercise. These health-conscious Chinese consumers are turning to the meal-replacement trend for combating weight management issues and availing proper nutrition, according to […]
Diageo’s decline to be offset by 5% growth in global spirits market worth $787bn in 2021
Following today’s news (Thursday 28th January) that Diageo has released its 2021 Interim Results, half year ended 31 December 2020: Ethan Elliott Maddison, Beverages Analyst at GlobalData, a leading data and analytics company, offers his view: “Diageo’s net sales decline for the second half of 2020 reflects the struggle faced by the industry as sales […]
Continued growth in vegan lifestyle to set ethical precedence for personal care and household goods
As the Veganuary challenge draws to a close, leading data and analytics company GlobalData explores the implications a second record-breaking sign-up will have on categories outside of food and drinks – primarily, the personal and household care sectors. With nearly half (43%) of global consumers heavily influenced by a product’s ethical or sustainable credentials*, and […]
Beyond-Pepsi venture highlights need for strategic plant-based investments as 30% of US consumers drive demand
Following the news that plant-based manufacturer Beyond Meat has formed a partnership with leading FMCG brand PepsiCo; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The partnership between PepsiCo and Beyond Meat will be beneficial for both brands, especially considering the high consumer demand for plant-based alternative meats. […]
BrewDog’s ‘Lost Lager’ campaign enticing consumers through eco-consciousness
Over the course of the COVID-19 pandemic, Scottish brewery BrewDog, has stood out for its agile business strategy, using innovative marketing tactics to maintain relevance in a COVID-shaped world that has left the bar and pub sector facing a -52%*1 downturn in market value in 2020 compared to 2019 figures. The most recent of these schemes […]
Japan’s savory snacks market expected to reach US$11.1bn in 2024, says GlobalData
The Japanese savory snacks sector is projected to grow from J¥1,067.4bn (US$9.8bn) in 2019 to J¥1,059bn (US$11.1bn) in 2024 at a compound annual growth rate (CAGR) of -0.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Savory snacks – Market Assessment and Forecasts to 2024’, reveals that the sector is majorly driven […]