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Following today’s news (May 06 2020) that Ocado reported a 40.4% rise in revenue since April 2019; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for the UK’s grocery market: “By placing itself as the quintessential online-only UK grocery retailer, Ocado was well-positioned for […]
Big beauty and grooming players are learning from indie brands, says GlobalData
Beauty and grooming behemoths are taking a page out of the book of indie by incorporating innovations that have been popularized by independent brands such as digitalization, personalization, wellness and sustainability. These trends are shaped by increasing consumer demand for products that reflect their lifestyles and ethics, according to GlobalData, a leading data and analytics […]
Significant shift in alcohol channels to change pubs and bars industry for years to come
As the UK lockdown continues into its fifth week, and both the start and end-dates of the quarantine seem to get further away, the impact on the UK’s pubs and nightlife sector is having to be continually reassessed. In terms of local currency units (LCU) value, when adjusting for COVID-19, GlobalData’s projections for thegrowth of […]
Marico’s Veggie Clean aims to bridge gap in kitchen hygiene amidst COVID-19 outbreak in India, says GlobalData
Following the news that fast moving consumer goods (FMCG) giant Marico Limited has forayed into the vegetable and fruit hygiene category by launching a vegetable cleaner ‘Veggie Clean’ in India; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “With COVID-19 scare sweeping across the world and spreading […]
Corporate responsibility more important now than ever
Public and private collaboration between businesses and consumers at this time is vital to mitigate the negative effects of this pandemic, says GlobalData, a leading data and analytics company. The company’s latest report, ‘COVID-19 Case Study: Supporting Society,notes thatthe COVID-19 outbreak has been changing consumers lives, and brands’ activities to support society have become hugely important. […]
Starbucks selects Sequoia Capital to drive digital innovation in China, says GlobalData
Following the news that Starbucks has partnered with Sequoia Capital to make strategic co-investments in next-generation food and retail technology across Mainland China; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The partnership between Starbucks and Sequoia Capital China comes at a time when the global economic […]
Australian consumers are feeling more optimistic as lockdown restrictions start to be lifted
Australia’s stringent lockdown has paid off with the country only seeing around 25 new cases of COVID-19 per day at the end of April. As a result, consumers are feeling more positive and although measures differ across states, the gradual opening of some non-essential stores signals the start of a new normality for retailers, says […]
Tyson Foods closure marks change in eating habits for 32% of US stockpiling meat, says GlobalData
Tyson Foods is just one more of many to close its meat processing plants in the US due to the uncontrollable spread of COVID-19 infections in its facilities. While mass closures are expected to lead to price increases in raw meats, it also has the potential to reshape the industry, as well as consumers eating […]
Less essential manufacturers will be impacted by Sainsbury’s decision to maintain restrictions
Following today’s news (April 30 2020) that Sainsbury’s will maintain queues and restrictions in its stores until September; Hakan Demirci, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for impulse buy brands: “Limiting the number of consumers allowed in a store effectively means consumers on average […]
Diageo’s bond offering reflects forecasted 6.9% decline in UKs spirits value over 2020
Following today’s news (April 28 2020) that Diageo will raise a $2.5bn bond offering; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on what this means the UKs spirits market: “Diego’s bond offering reflects the long-term struggles many manufactures and operators in the spirits industry will experience over […]
US President’s comments could increase consumers’ confusion on health issues
Following the that Reckitt Benckiser, a leading manufacturer of hygiene products, has issued an urgent statement clarifying that disinfectant should not be injected after US President, Donald Trump wrongly suggested that this may cure COVID-19; Jenny Questier, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on the improbable situation: “Globaldata […]
Packaging industry facing disruptions on multiple fronts in APAC amid Covid-19, says GlobalData
COVID-19 and its impact on the packaging industry have forced the consumers in the Asia-Pacific (APAC) region to be more mindful of their safety and well-being. They are likely to change their views about packaging in response to the spread of COVID-19 to protect themselves getting infected by the virus. Shagun Sachdeva, Consumer Insights Analyst at […]
Shortages of CO2 due to COVID-19 to restrict beer production
Ethanol producers capture CO2 as a by-product and sell it on to beer and fizzy drinks manufacturers, who then use it for carbonation in drinks. However, the production of Ethanol – a key aspect of petrol production – has fallen sharply due to the ongoing lockdown and subsequent lack of demand for fuel. As a […]
Heineken’s loss reflects 5% decline in beer and cider industry over 2020
With the majority of bars and pubs worldwide still closed to consumers, beer manufactures have struggled to shift their sales back into retail to offset their losses and even big brands such as Heineken are no exception – having reported a 14% decline in beer sales in March. The lockdown is a difficult landscape for […]
Cancellation of Oktoberfest 2020 is a further blow to the beer industry, says GlobalData
Following today’s news (21/04/2020) that the Bavarian state government has taken the decision to cancel the two-week-long Oktoberfest; Kevin Baker, Head of Beer & Cider Research at GlobalData, a leading data and analytics company, offers his view on the challenges that brewers face during the current pandemic: “This is a further blow to the beleaguered […]
Premier Foods increased sales reflects changing shape of UK consumers
Following today’s news that Premier Foods has reported increased sales amid high demand for household staples in the UK; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “It is too simple to say that Premier Foods’ recent surge in its March sales is all down to stockpiling trends. […]
Personalized pet nutrition reflects human demand for ever greater specificity
Innovators are taking inspiration from human healthcare trends such as supplements, weight loss and stress management, and offering new convenient products and services to pet owners, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Success Case Study: Tails.com’,notes that artificial intelligence (AI) and the resulting flexibility in manufacturing processes is unleashing the potential […]
UK lockdown encouraging home cooking causes prepared meals projected value-growth decline to -1.3%
As people adjust to cooking at home, demand for bakery and raw ingredients has shown resilience to the uncertainty brought on by COVID-19; conversely, prepared meals have been severely impacted by the current landscape with the lockdown reigniting a passion for home cooking within UK households, says GlobalData, a leading data and analytics company. GlobalData’s […]
Staying beautiful and healthy could turn into a new niche industry in APAC amid Covid-19 concerns, says GlobalData
While it is unclear when the impact of coronavirus (Covid-19) will cease, the fear over personal hygiene and the possibility of another pandemic will continue to resonate. Hence, Asia-Pacific (APAC) brands have every opportunity to innovate new marketing and product designs for the beauty and grooming products. Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a […]
With fast-food visits down globally by 50%, why does maintaining employee relations matter, asks GlobalData
Frontline workers of essential foodservice operators in the US have received minimal ‘reward schemes’ for attending work amid the COVID-19 outbreak. These companies should be wary of what effects misjudgments like these could mean.Public perception is more relevant in today’s digital age than ever before, and with 50% of global consumers having stopped all visits […]