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GlobalData

Consumer

Bega Cheese looks to strengthen presence in spreads market with launch of reduced salt version of Vegemite in Australia, says GlobalData

Following today’s announcement of the introduction of a new product, Vegemite 40% less salt, by Australian dairy company Bega Cheese Ltd; Nabila Azmatulla, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Australians are on the lookout for products that improve their health and consider eating healthy to be very […]
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Changing consumer preferences shaping the APAC savory snacks market, says GlobalData

Evolving consumer lifestyles and changing dietary preferences are increasingly influencing consumers’ snacking choices in the Asia-Pacific (APAC) region. Time-starved Asian consumers are seeking on-the-go products in new flavors/variants, and are willing to pay extra for better quality and new taste experiences, according to GlobalData, a leading data and analytics company. GlobalData’s report ‘Opportunities in the […]
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Majority of APAC consumers are more inclined towards traditional flavors of alcoholic beverages, says GlobalData

Nearly 53% of consumers in the Asia-Pacific (APAC) region like to stick to traditional flavors of alcoholic beverages, whereas 22% and 21% of them prefer unusual and new flavors, respectively. With the traditional and familiar flavors remaining the most preferred choices by the APAC consumers, it is lucrative for the already-popular brands, says GlobalData, a […]
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Food Revolution Group set to meet growing demand of hand sanitizers amidst coronavirus outbreak, says GlobalData

Following the news that The Food Revolution Group looks increase the production of hand sanitizer to meet the mounting demand in the Asia-pacific (APAC) region in the wake of growing public concerns amidst the coronavirus outbreak; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Australia-based consumer good […]
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UK events should address environmental impact to connect with 45% of consumers that seek environmentally-friendly products, says GlobalData

Consumers are asking serious questions around the environmental impact of a wide variety of sectors, including shows and events such as London Fashion Week (LFW), which took place this week. Considerations around LFW have included the number of flights involved as designers, models and press travel to the venue each year. Companies involved in events […]
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Chinese prepared meals sector poised to grow at a CAGR of 7.4% during 2018–2023, says GlobalData

Driven by changing lifestyle and increasing working population, the prepared meals sector in China is forecast to grow from C¥43.3bn (US$6.5bn) in 2018 to C¥61.7bn (US$9.1bn) by 2023, registering a compound annual growth rate (CAGR) of 7.4%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Prepared Meals – Market Assessment and Forecast […]
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Bühler, Givaudan aim to address nutrition challenges with plant-based food innovation center in Singapore, says GlobalData

Following yesterday’s announcement that Switzerland-based food technology company Bühler and flavor and fragrance company Givaudan have partnered to setup a plant-based food  innovation center in Singapore; Nabila Azmatulla, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The innovation center, which is scheduled to open in Q4 2020, will have […]
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