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Following today’s news (June 10th) that The Restaurant Group will shut 125 outlets, largely consisting of Frankie & Benny’s stores; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “COVID-19 is reshaping the UK foodservice industry as we know it. While this represents significant losses for operators such as […]
Contactless application can be preferred format in skin care post-COVID-19 in India, says GlobalData
Eye care and face care brands can benefit from introducing products in contactless application formats such as sticks, roll-on or sprays that allow consumers to apply products without touching their face. The lesson learned from not touching the face with the hands could become an instilled behavior that consumers will keep in mind when purchasing […]
UK bars and pubs to reopen on June 22 is not without risk
Following today’s news (8 June) that UK beer gardens in pubs could reopen on 22 June as part of the Save Summer Six drive; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Reopening pub gardens by 22 June is a risky move. While it is no secret that […]
61% of brand-loyal US consumers will stick with McDonald’s despite a limited menu
Following the news (June 8th) that McDonalds simplified menu may be continued as advised by the company’s franchises; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Maintaining a limited menu will not impact McDonald’s sales in a significant way. The brand has an extensive following worldwide, as evident […]
With 62% of UK buying less clothing, Primark’s reopening will be met with caution
The reopening of Primark stores in the UK will be met with consumer caution in the long-term, says GlobalData, a leading data and analytics company. GlobalData’s COVID-19 tracker survey, published 3rd June, shows that 62% of respondents in the UK said that they have stopped buying, or are buying significantly less, clothing since the outbreak of […]
ITC strengthens FMCG portfolio with NimWash Vegetable and Fruit wash amid COVID-19, says GlobalData
With India facing an unprecedented crisis due to COVID-19 and consumers following hygienic lifestyles strictly, companies are making efforts to address the growing demand for these hygiene products, including food. In line with this, India-based fast moving consumer goods (FMCG) giant ITC has launched 100% natural NimWash Vegetable and Fruit wash with neem and citrus […]
Prolonged turbulence in the meat industry caused by COVID-19 detrimental to consumer confidence
Following the news (June 3rd) that Brazilian labor prosecutors have filed a petition with a local court demanding the closure of a JBS SA pork plant due to the outbreak of novel Coronavirus, a decision that is still pending according to news reports; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, […]
APAC post-COVID-19 consumer trends will bring re-calibration of sustainability priorities, says GlobalData
The COVID-19 pandemic is transforming the consumers’ attitudes and willingness to respond to environmental challenges and sustainability factor. It has forced consumers in the Asia-Pacific (APAC) region to believe that their behaviors, product choices and collective influence can make impactful changes on a global scale, says GlobalData, a leading data and analytics company. GlobalData COVID-19 […]
New personal care routines emerge among APAC consumers during COVID-19 quarantine, says GlobalData
COVID-19 established new routines and preferences in the beauty and grooming landscape. Consumers across the Asia-Pacific (APAC) region continue to look for ways to maintain their normal lifestyles while confining themselves at home. Wellness, becoming a priority, has resulted in new form of at-home experimentation and self-expression such as new haircuts and DIY beauty products. […]
ITC and Amway India collaborate to create health halo as COVID-19 creates space for immunity boosters, says GlobalData
ITC’s B Natural and Amway India have collaborated to launch the first of its kind immunity offering ‘B Natural+’ fruit beverage range in India. When the whole country is facing an unprecedented crisis as a result of COVID-19, consumers’ health-focused attitudes have witnessed a huge spike, calling for immunity-building products in the Indian market, says […]
Nestlé’s Incredible Burger set to rebrand after legal battle with Impossible Foods
Following today’s news (June 1st) that Nestle will be appealing the decision of a Dutch court that prohibited the Swiss-multinational from selling its plant-based burgers under the ‘Incredible Burger’ brand name; Arian Bassari, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Nestlé’s continued expansion into the world of plant-based foods […]
Global meat substitutes market to rebound at 8.1% growth in 2021
The meat substitutes market is undergoing turbulent times, with several new ‘meat-free’ product launches having hit shelves over the past few months and consumer demand remaining high. A surface view would suggest that the market is performing well despite COVID-19 complications, however, on closer inspection it is clear that sales have hit a wall, says […]
Global meat industry to decline by 5.3% to US$1.3 trillion in 2020 due to COVID-19 pandemic
The activity of meat manufacturers across North America continues to generate a lot of noise, with some processing plants from major companies such as Tyson and JBS resuming operations. Continued turbulence among meat packing players is likely to damage consumers’ trust in associated food products, says GlobalData, a leading data and analytics company. According to […]
Chinese consumers continue to value health, authenticity and heritage in food products amid COVID-19, says GlobalData
COVID-19 has largely reshaped the consumer lifestyles along with consumer purchase decisions across China. The demand for local, healthy and authentic food and drinks is seen at its peak in the country. Therefore, it is necessary for brands to make certain adjustments in their portfolio and follow the growing business trends. Sumit Chopra, Consumer Research […]
COVID-19 brings opportunities for APAC manufacturers to leverage nutrient-rich Yuzu extracts for a healthy halo, says GlobalData
East Asian citrus fruit Yuzu has claimed its place among the ‘superfruits’ for its flavor, nutritional value and potential health attributes. Additionally, it has also become a star ingredient in the food, beverages and beauty formulations across the Asia-Pacific (APAC) region. Against this backdrop, manufacturers can exploit the floral and citrus fragrance of Yuzu for […]
Product use v-logs gain popularity in South Africa as lockdown continues, says GlobalData
South Africans’ online activity has transformed over the course of the COVID-19 lockdown, increasing time spent watching videos and v-logs that focus on a product’s use and performance. GlobalData’s COVID-19 tracker consumer survey shows that the number of South Africans spending time watching this content has increased by 12 percentile points, from 43% in week 1 […]
KFCs chicken sandwich simply highlights industry’s shift to what consumers feel is familiar
Following today’s news (Tuesday 26 May) that KFC has released a chicken sandwich that is similar to Popeye’s household product; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this is reflective of the new QSR industry: “As of May 22, GlobalData expects the global quick-service restaurant (QSR) […]
Covid-19 outbreak drives instant noodles sales in APAC, says GlobalData
Following the coronavirus (COVID-19) outbreak and its impact, instant noodles have become a staple diet in many of the Asia-Pacific (APAC) countries because of taste, affordability and convenience, which is driving its sales, says GlobalData, a leading data and analytics company. GlobalData forecasts the APAC instant noodles segment to record a compound annual growth rate […]
Australian hot drinks sector expected to reach US$3bn in 2023, says GlobalData
The Australian hot drinks sector, which includes coffee, tea and other hot drinks, is forecast to grow from A$3.4bn (US$2.5bn) in 2018 to A$3.99bn (US$3bn) in 2023, recording a compound annual growth rate (CAGR) of 3.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Hot Drinks – Market Assessment and Forecasts to […]
COVID-19 reignites sense of localism among APAC consumers, says GlobalData
Amidst the ongoing COVID-19 crisis, consumers’ concern around the origins of products and ingredients are growing. As a result, manufacturers and retailers are promoting their products’ local origins to ease consumer concerns, says GlobalData, a leading data and analytics company. According to GlobalData COVID-19 week 6 (28 April – 3 May) survey, almost 83% Indians […]