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As e-commerce and delivery ramp up – due to Christmas, COVID-19 and lockdowns – German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores in the UK and would extend a click and collect trial to an additional 200 stores by Christmas. COVID-19 has resulted in online grocery shopping almost doubling Aldi’s share of total UK grocery […]
‘Christmas dinner box’ now a reality in 2020’s COVID-Christmas
Amid the throes of COVID-Christmas, it seems consumers are unlikely to head out for their Christmas dinner this year – with 68%* of UK consumers noting they are eating out less frequently than before the pandemic in a survey by GlobalData. However, with supermarkets and foodservice outlets moving to bring restaurant-quality Christmas meals out to […]
Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift
Following today’s news that Nestlé has set out a €3.58bn (US$4.34bn) plan to halve carbon emissions by 2030, and to be net zero by 2050; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Nestlé’s ambitious plans reveal how pervasive environmental issues have become in the corporate and consumer world. In fact, GlobalData’s most recent surveys suggest that the COVID-19 pandemic has actually increased the […]
UK foodservice to see critical boost should Pfizer’s COVID-19 vaccine come to fruition, says GlobalData
Following today’s news (Wednesday 2 December) that the UK has approved the COVID-19 Pfizer vaccine; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this will impact the UK’s foodservice market: “UK foodservice profit operators overall have seen sales fall to under $71bn in 2020, against an initial pre-COVID forecast of $104bn. Operators in this sector have been pleading for more […]
Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint, says GlobalData
Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While there are a number of active cell-culturing companies developing meat and fish, US-based Eat Just’s approval in Singapore shows that this technology is getting that much closer to scale. Scale will […]
Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint
Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While there are a number of active cell-culturing companies developing meat and fish, US-based Eat Just’s approval in Singapore shows that this technology is getting that much closer to scale. Scale will […]
Temporary Chinese tariffs will severely impact Australia’s wine exports, says GlobalData
Following the news that China has announced tariffs of up to 200% on Australian wine from 28 November 2020; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The temporary tariffs which China has imposed on wine imports will severely impact Australian wineries and the wider Australian economy. Wine […]
Purina PetCare drives new job postings at Nestle
Nestle’s Purina PetCare segment job postings increased by 168% between Q1 and Q3 of 2020 in contrast to the overall hiring trend that witnessed a decline during the same period, according to GlobalData’s Job Analytics database. The firm posted around 800 pet care jobs, with active jobs growing three-fold from January to October 2020. Ajay Thalluri, Business Fundamental Analyst at GlobalData notes: “Nestle’s job postings were related to product innovation […]
Premium beauty to see Black Friday boost, but brands must ensure virtual safety as online fraud increases
With lockdown measures in flux globally the Black Friday event will take place almost entirely online this year. Consumer risk-aversion is further driving this shift, as *177% of global consumers are concerned about visiting stores and shopping outlets, with those who are not restricted by lockdown measures still likely to avoid venturing outside as far as possible, says GlobalData, a leading data and analytics company Lia Neophytou, Consumer Analyst at GlobalData, comments: “High value beauty categories, such as fragrances and make-up, will likely benefit […]
Mentions of ‘omnichannel’ in earnings transcripts up 38% in 2020, as consumer companies capitalize on D2C boom
The COVID-19 pandemic has impacted customer behavior, bringing about significant changes in the supply chain for consumer companies. Mentions of ‘omnichannel’ and related keywords saw a 38% rise in 2020*, according to the GlobalData Company Filings Analytics platform, which heralds the direct-to-consumer (D2C) focus of several brands in the ‘new normal’, says GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Despite many countries […]
Lavazza launches strategic premium coffee subscription targeting 22% of Brits who are buying more coffee than before the COVID-19 pandemic
With only *one in five UK consumers planning to continue to work from home post-COVID-19, rather than heading into the office, Lavazza’s strategic launch of Lavazza Blue, an office-focused coffee subscription service, will secure the brands position in the office “coffee hour” space as businesses reopen from early next year, says GlobalData, a leading data and analytics company. Lucy Ambler, Consumer Analyst at GlobalData, comments: “Lavazza has shown an adaptive response to the changing work environment, with GlobalData’s survey […]
Post-Brexit food safety standards present ethical opportunity for UK brands
Despite UK MPs rejecting an amendment that would have ensured food from future trade deals would meet current UK food safety and animal welfare standards, attitudes around ethics and the environment could provide a lifeline for British brands following Brexit, says GlobalData, a leading data and analytics company. Hardships relating to the COVID-19 pandemic have not significantly reduced consumers’ interest in local, ethical or sustainably sourced ingredients. GlobalData’s most recent […]
Over 1/3 of Brits seek ethically sourced ingredients, a clear misalignment with UK FMCG manufacturers and retailers
Following today’s news (Wednesday 25 November) that supermarkets and fast-food outlets are selling chicken fed on imported soya, which has been linked to large tree clearance in the Brazilian Cerrado; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The indirect responsibility the retailers and foodservice providers hold for supplying the soya crop to their chicken stock reflects the current misalignment of consumer demand for transparency, […]
North American juice value to decline as consumer tastes shift towards healthy and functional hydration, says GlobalData
The North American juice market is expected to decline in value from $14.8bn in 2019 to $12.5bn by 2023, following similar decline patterns to pre-COVID-19. Simultaneously, the value of healthier sectors in hydration such as enhanced water is predicted to rapidly grow with a value of 9.4% compound annual growth rate (CAGR) between 2019 and […]
Danone’s restructuring plan could speed up fledgling demand for plant-based dairy
Following today’s news (Monday 23 November) that Danone is aggressively downsizing its business by up to 2,000 jobs in part owing to pressure from poor bottled water sales; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on how this will accelerate the company’s plant-based dairy initiatives: “GlobalData’s recent survey shows that *over a third of […]
Kraft-Heinz making bold investments to maximise their hold on a rapidly growing savory snacks market
Kraft-Heinz’s recent deal to conduct research on fermented ingredients with APC Microbiome allows the company to take up new, novel flavors and formulations that are likely to appeal to experimental consumers. It is smart for the company to outsource parts of its business model in this way, as it allows Kraft-Heinz to focus on improve its supply chain, which was majorly disrupted by COVID-19, as well as work on direct-to-consumer (DTC) channels, says GlobalData, a leading data and analytics company. Jim Toy, Consumer Analyst at GlobalData, comments: “This move by Kraft-Heinz means […]
Royal Mail’s parcel revenue overtaking letters speaks to the COVID-19-fueled growth of e-commerce
Following today’s news (Thursday 19 November) that Royal Mail’s parcel revenues have overtaken letters for the first time; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Online sales and home delivery have been a lifeline to many during the COVID-19 pandemic. The pandemic has accelerated the transition to e-commerce, and GlobalData’s latest consumer survey revealed that 41%* of UK consumers believe they will continue to buy more products in the ‘new normal’ after the pandemic. “It is […]
Unilever’s €1bn plant-based food target should be emulated by others
Following today’s news (Wednesday 18 November) that Unilever has set a €1bn ($1.2bn) target in annual plant-based food sales; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Unilever has chosen the right time to announce this news; not only is November World Vegan Month, but GlobalData’s projections peg the growth of global retail consumption of meat substitutes […]
Localism will show high relevancy after COVID-19 pandemic has subsided
Prior to COVID-19, locally-sourced products were closely associated with a high quality calibre for a number of consumers worldwide. However, over the course of 2020, the term “local” has evolved to encompass much more. Amplified concerns regarding sustainability and familiarity has put local products in the spotlight during the COVID-19 pandemic, as consumers question the authenticity of products and the provenance of ingredients, writes […]
Microflora and microalgae could revolutionize already rapidly growing plant-based protein market, says GlobalData
World Vegan month is celebrating this dietary trend, which has shown no signs of slowing this year – with the global retail consumption of meat substitutes having grown by 8% in 2020. This market has reached a value of $5.1bn in 2020 from $4.7bn in 2019, having outpaced the original pre-COVID forecasts for this year, says GlobalData, […]