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On 3 June 2025, the US announced it would impose 50% tariffs on all steel and aluminum imports. This move represented an escalation compared to the 25% tariff previously imposed on such imports on 10 February 2025. These policies create challenges for US manufacturers and users of packaging made of imported steel and aluminum. However, […]
Ferrero’s new US confectionery range a model for navigating tariffs and market uncertainty, says GlobalData
The need for reshoring and friend-shoring supply chains has been a long time coming. Companies that adapted early to these shifts are now better positioned to weather the challenges posed by the US trade war, as demonstrated by Ferrero‘s proactive approach, according to GlobalData, a leading data and analytics company. Hannah Cleland, Consumer Analyst at […]
Economic uncertainty and rising tariffs drag down US consumer confidence, says GlobalData
In the 2025 World Happiness Report, the US fell to its lowest-ever ranking, 24th globally, continuing a downward trajectory from 15th in 2023 and 23rd in 2024. While happiness is shaped by a variety of factors, economic uncertainty and rising living costs have emerged as critical contributors to this decline. A key driver behind these […]
Private labels surge as US consumers prioritize value amid inflation and tariff uncertainty, says GlobalData
Following the underwhelming Q1 2025 results from several major US food manufacturers, driven in part by tariff uncertainties dampening consumer spending; Hannah Cleland, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The ongoing inflationary pressures in the US have driven consumers to prioritize affordability, fuelling a marked rise in […]
Consumers switch to local products and value alternatives amid rising tariffs and price pressures, says GlobalData
In an increasingly complex global landscape shaped by inflation, rising tariffs, and political volatility, consumer behavior is undergoing a profound transformation. Cost-of-living pressures and trade policy disruptions are not only fueling economic anxiety but also prompting tangible shifts in how and why consumers shop. These forces are accelerating a move toward value-driven decision-making, increased scrutiny […]
Japan’s move to leverage rice policy for tariff negotiations could become double-edged sword, says GlobalData
Japan’s rice policy is under intense scrutiny as the nation grapples with rising prices and supply shortages, a stark contrast to the oversupply experienced during the peak of the COVID-19 pandemic. The Ministry of Agriculture, Forestry and Fisheries (MAFF) has released over 210,000 tons from emergency reserves to combat these challenges, yet retail prices remain […]
US tariffs could seriously disrupt $6.1 billion EU exports of packaging and food processing machinery, says GlobalData
On 2 April 2025, the US administration announced tariffs on all imports, which included a notable 20% tariff on exports from the European Union (EU) to the US. This decision followed the imposition of 25% tariffs on all aluminum and steel imports into the US on 12 March 2025. These policies will significantly alter growth […]
US consumers face higher prices, inconsistent dining out experiences amid blanket tariffs, says GlobalData
Following the news that the US National Restaurant Association has joined a host of industry bodies calling for tariff exemptions as costs will doubtlessly be passed on to consumers in the wake of possible Trump administration’s blanket tariffs on all countries; Hannah Cleland, Senior Consumer Analyst at GlobalData, offers her view: “Foodservice operators are facing […]
Personalized health & wellness for women, expanding flavor choice, and health longevity offer food and beverages brands growth opportunities in 2025, says GlobalData
The interconnectivity of all health concerns could offer food and beverages brands innovation opportunities in 2025 by addressing multiple wellness concerns at once. Several key trends are set to influence consumer purchasing behavior in 2025, including personalized health and wellness with a focus on women, health longevity, personalized products and experiences, and sustainability solutions aided […]
Cannabis users’ consumption behavior and product choices are different from other consumers, presenting a key knowledge gap for food and beverages brand strategy, according to new GlobalData study
The study looks at how the use of cannabis is impacting consumption in key food and beverage categories in key markets. GlobalData’s new “Hot Topics” cannabis study on the claimed consumption behavior of cannabis users compared to non-users highlights that this is a large and growing consumer group, who are behaving differently to the general […]
Multi-channel commerce, stronger promotional deals, and social media marketing to shape foodservice trends in 2025, says GlobalData
Several emerging trends and themes in the foodservice sector, such as multi-channel commerce, innovation in deals and promotions, and the impact of social media marketing, are expected to play a greater role in shaping consumer preferences and behavior in 2025. GlobalData, a leading data and analytics company, offers its view on five key trends/themes that […]
Delivery platforms enabling smaller foodservice operators in APAC to compete with large brands, says GlobalData
Large foodservice chains have always had an advantage over smaller operators in terms of brand visibility and delivery. However, the advent of food delivery platforms has significantly altered the competitive dynamics in the foodservice sector. The COVID-19 pandemic gave a fillip to the food delivery business, and they have been able to sustain consumer interest. […]
Convenience and health key focus for food companies in APAC, says GlobalData
As food companies navigate increasing input costs, especially in oils and fats, their innovations remain centered on health and wellness as consumers are prone to spending more on healthier foods. There has also been a growing focus on products that cater to consumers busy lifestyles, emphasizing the importance of satisfying cravings while also supporting overall […]
Popularity of cultivated meat on rise in APAC, says GlobalData
The popularity of cultivated meat or lab-grown meat has been steadily increasing in the Asia-Pacific (APAC) region in recent years. Meat is considered an essential source of proteins, lipids, carbohydrates, and vitamins that the body needs to meet its energy requirements. However, traditional animal farming techniques are insufficient to meet the growing demand for meat. […]
Campa Cola’s aggressive pricing disrupts Indian soft drinks sector, says GlobalData
The Indian soft drinks sector is currently experiencing a notable disruption due to the price war initiated by Campa Cola. With the incumbent market leaders, Coca-Cola and PepsiCo joining the price war, it is an all-or-nothing war for a share of the consumer’s wallet in the Indian soft drinks sector, says GlobalData, a leading data […]
One Blck will allow Swiggy to differentiate in competitive Indian food delivery market, says GlobalData
Swiggy, one of India’s leading food ordering and delivery platforms, launched One Blck, an invitation-only membership program tailored for those who prioritize premium convenience and service. This move will not only help Swiggy to differentiate its services in a competitive market but also strengthen customer retention and loyalty by providing premium benefits including faster deliveries […]
Japan’s food replicas redefine culinary experiences for tourists and locals, says GlobalData
The growing interest in hyper-realistic replicas of food is beyond a culinary trend. It is changing a cultural phenomenon, and the way tourists and food lovers experience the Japanese cuisine. These replicas are beautiful models that have been made to display menu items in the restaurant windows, and they have now become immersive attractions that […]
Meal deals become mainstay of QSR operations in APAC, says GlobalData
Meal deals have emerged as a significant offering in the foodservice sector, particularly at quick-service restaurant (QSR) establishments, where they are characterized by a combination of a main item such as a burger or a sandwich, a snack, and a beverage, sold in combination at a lower price than the sum of the individual items. […]
Quality remains top priority for parents in purchasing baby care products in APAC, says GlobalData
Growth in the Asia-Pacific (APAC) region is projected to slow over the next few years, impacted by an ageing population, trade tensions, and greater policy uncertainty. However, parents’ focus on the quality of ingredients used in baby care and childcare products remains high despite concerns over their financial situation. Aligning with this, 37% of respondents […]
Growing consumer inclination for rapid delivery services drives quick commerce expansion in India, says GlobalData
The rapid rise of quick commerce in India is reshaping the retail landscape, with urban populations progressively seeking fast delivery services for daily necessities. The food collection take-away segment in India is projected to register a compound annual growth rate (CAGR) of over 7.7% during 2023–28^. As consumers increasingly rely on instant access and time-saving […]