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GlobalData
GlobalData

Consumer

JBS, BRF and other meat manufacturers need to address environmental negligence claims quickly before retailers cut ties altogether

Following claims that food giants JBS and BRF are contributing to deforestation, with investor network FAIRR landing them with poor ratings for their environmental negligence, big retailers such as Tesco have been pressured to distance themselves. JBS monitors cattle suppliers on 45 million hectares in the Amazon, an area bigger than Germany. If meat manufacturers do not address these environmental concerns quickly, other large retailers may seek to cut ties higher in the supply chain to streamline a workflow that has already been disrupted for FMCG businesses during COVID-19, […]
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Discussions around customer engagement gaining more traction during COVID times, says GlobalData

Customer engagement strategies are more important than ever before as many consumer behaviors, needs and preferences have drastically changed amid the COVID-19 pandemic. In fact, according to the Company Filing Analytics platform by GlobalData, discussions in firms’ filing documents and earning transcripts around ‘customer engagement’ grew by 6% in Q1-Q3 2020 compared to Q1-Q3 2019. For businesses to effectively enhance customer engagement, it is necessary to establish […]
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Guinness’s recall of first batch of alcohol-free stout is unfortunate but not insurmountable

Following today’s news (Wednesday 11 November) that Guinness has recalled its new alcohol-free stout over fears of microbiological contamination; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “A product recall citing microbiological contamination in the current climate is probably one of the worst starts a new product launch can have, especially as consumers have been deeply invested in health and wellbeing trends during […]
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Biden leadership to lend much-needed helping hand to US meat sector, says GlobalData

Following the news that Joe Biden is in a marginal lead to win the US election; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on how Biden’s leadership could reduce the health crisis in the US and reboot the US’ international trade partnerships: “If Biden is to win the presidency, the food industry will be hoping that promises such as the resolution of the US-China trade […]
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Biden win will be unfavourable to US-UK trade deal, says GlobalData

As of today’s news (5 November) that Joe Biden is currently on track to become the next US President – provided the final projections hold true; Frederick Diamond, Consumer Analyst at GlobalData, a leading market research company, offers his view on the implications of this historic election: “UK markets hoping to maintain close trade-relations with […]
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Millennials twice as likely as boomers to increase vitamin and supplements purchases during pandemic, says GlobalData

The COVID-19 pandemic has prioritized health in the minds of consumers worldwide, and surprisingly, millennials are over twice as likely to buy more vitamins as a result of the pandemic than their baby boomer parents, says GlobalData, a leading data and analytics company. Ryan Whittaker, Consumer Analyst at GlobalData, comments: “COVID-19 has fundamentally affected consumer concerns around health. According to GlobalData’s most recent consumer survey, *25% of consumers globally described themselves as extremely […]
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Heineken’s alcohol-free 0.0 brand receives COVID-19 reprieve thanks to millennials

Following today’s news that Heineken NV reported a better recovery than expected; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The closure of on-trade channels obviously had a profoundly negative effect on Heineken’s sales, but, interestingly, there was still double-digit growth in the company’s alcohol-free brand – likely due to reduced on-trade […]
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McDonald’s one million free meal giveaway will resonate with 1 in 3 UK consumers

McDonald’s has joined a number of UK foodservice operators in offering to support families with free meals over this school half term, in response to English football star Marcus Rashford’s plea for the most vulnerable youngsters to be fed during this period. The move may seem surprising given the industry’s current challenges – *UK foodservice profit operators have seen sales fall to under US$71bn in 2020, against an initial […]
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