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GlobalData
GlobalData

Consumer

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Reopening post COVID-19 could be worse than lockdown months for many UK restaurant operators

April will see the furlough scheme come to an end and allow customer-facing outlets such as cafés, restaurants, and pubs to reopen. While this may seem like a saving grace for the UK restaurant sector, which has plummeted from *1£32.2bn in 2019 to £21.8bn in 2020, Chancellor Rishi Sunak’s warning of a ‘double-dip’ recession indicates it will not be the economic relief many hope for and expect. […]
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Net-zero supply chains the future of FMCG as 84% of consumers globally show interest in sustainable production, says GlobalData

Following today’s news (14 Thursday January) that PepsiCo announced a plan to achieve net-zero emissions across its supply chain by 2040: Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Introducing an initiative to achieve net-zero emissions is an ambitious target for any player of this size in the […]
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Tesco’s record Christmas sales reveal how COVID-19 has boosted interest in sustainability

Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that over *1one in five (22%) consumers are buying less meat, while also recording significant increases in […]
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PepsiCo’s 10,000 job postings show increased focus on digitalization and innovation

PepsiCo’s jobs postings indicate that the company is leveraging increased at-home consumption patterns through a consumer-centric approach. GlobalData, a leading data and analytics company, notes that a significant number of jobs postings by PepsiCo in the past year were to strengthen supply chain capabilities, product research and innovation. Ajay Thalluri, Business Fundamental Analyst at GlobalData, comments: “According to GlobalData’s Job Analytics database, 3,500 of the 10,000 jobs posted by PepsiCo in the second half of […]
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Simpson Thacher & Bartlett and Kirkland & Ellis were top M&A legal advisers by value and volume in global consumer sector for 2020

Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global consumer sector for 2020 by value and volume respectively. Simpson Thacher & Bartlett advised on 16 deals worth US$20.1bn, which was the highest value among all the advisers. Meanwhile, Kirkland & Ellis led in volume […]
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‘Dry January’ 2021 sees Brits participate in record numbers, giving hope for non-alcoholic disruptor brands, says GlobalData

As COVID-19 continues to dominate much of the global conversation, 2021 looks set to be defined by a renewed sense of health and wellbeing. In fact, GlobalData’s research found that *1over half (52%) of British millennials prefer to buy products that claim to influence health and wellbeing. This aligns with UK-based charity, Alcohol Change, which announced that this year’s Dry January has seen a record-breaking […]
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Olam Coffee leverages key consumer trends with new upcycled ‘superfruit’ cáscara

Olam Coffee’s recent development of new ‘superfruit’ cáscara is a promising discovery as its cross-industry application will help realize the potential of upcycling on a mass scale, according to GlobalData, a leading data and analytics company. Carmen Bryan, Consumer Analyst at GlobalData, comments: “The global hot coffee market is valued at $108.4bn in 2020, offering a robust introductory market for the new superfruit. However, what really sells […]
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