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Health experts are raising concerns about the rising consumption of ultra-processed foods, which is being linked to a surge in chronic diseases such as diabetes, cardiovascular disease, and obesity in India. As the Indian food landscape becomes more reliant on convenience products, the negative health impacts of highly processed food are becoming increasingly evident, highlighting […]
Value for money, authenticity, and subscription models are on Europe’s shopping list this Christmas, says GlobalData
As Europeans head to the shops this Christmas, they do so with a little bit more disposable income than in previous years following five years of economic turmoil Value for money set to drive Christmas spending as inflation cools Products with a sense of authenticity that offer a learning experience are in demand Subscription models such […]
Growing health consciousness drive Japanese consumers to embrace low-alcohol beverages, reveals GlobalData
Japanese consumers are experiencing a burgeoning interest in low-alcohol beverages, marking a significant shift in preferences driven by health consciousness and a desire for more mindful drinking choices. The rising adoption of low-alcohol beverages reflects a notable change from conventional drinking practices, says GlobalData, a leading data and analytics company. Shravani Mali, Consumer Analyst at […]
India’s sustainable eating habits offer glimmer of hope to mitigate climate change, says GlobalData
Sustainable eating encompasses of practices such as minimizing food waste, prioritizing plant-based diets, and consuming locally sourced foods. India is known for its extensive history of vegetarian diets. As the world grapples with the urgent need to address climate change, India’s sustainable eating habits offer a glimmer of hope to address the heightened ecological concerns, […]
Premiumization trend reshapes consumer beauty preferences in APAC, says GlobalData
Rising consumer disposable income coupled with the increasing consumer inclination towards high quality ingredients in products is creating demand for premium and ultra-premium products in the Asia-Pacific (APAC). Consumers, especially older ones, are seeking luxury goods to get a superior experience. Moreover, the growing consumer preferences for a healthy grooming routine are enabling them to […]
Consumer preference for clean label products spurs innovation in APAC, says GlobalData
The rising demand for clean label products is spurring advancements and innovations in the Asia-Pacific (APAC) region, as companies recognize the need to adapt to changing consumer preferences. This demand is not just limited to food and beverages; it extends to personal care and household products as well. A survey corroborates this trend, where 49% […]
Consumer sustainability demands drive Thailand’s food and beverage companies to shift to circular packaging, says GlobalData
Thailand’s food and beverage (F&B) industry is undergoing a significant shift towards sustainability as regulatory pressures and consumer demands for eco-friendly packaging continue to rise. With sustainability increasingly at the forefront of business strategies, industry leaders like Tetra Pak Thailand are taking significant steps to drive the adoption of circular packaging solutions. Underlining the trend, […]
Precision fermentation to boost Australia’s dairy alternatives sector growth, says GlobalData
Plant-based dairy drink alternatives, such as grain, nut, rice, and seed, have seen a significant increase in popularity among Aussies in recent years, largely due to their health benefits. Nonetheless, the growth of this category is being restricted by shortcomings in flavor, texture, aroma, and high costs. The emergence of new technologies, such as precision […]
Consumer demand for novelty and customization compels brands to explore new product segments in India, finds GlobalData
Novelty and experimentation trends have changed the consumption patterns of consumers. Consequently, brands are continuously innovating in line with the growing personalization trend to maintain consumer interest while gaining a competitive edge over the rivals in India. New market disruption will help the brands tap into emerging markets and enhance their relevance, says GlobalData, a leading […]
New duties to reduce competitiveness of European brandy in China, says GlobalData
Trade wars between the West and China have been an ongoing affair for more than five years. In a fresh salvo, the European Union decided to impose anti-dumping duties on Chinese-origin electric vehicles (EVs). In return, China opened an anti-dumping case and has imposed additional import duties on European-origin brandies. The elevated tariffs, which came […]
Sustainability drives green cosmetics demand in Asia-Pacific, reveals GlobalData
Growing environmental concerns are pushing consumers to embrace sustainable and eco-friendly cosmetics in the Asia-Pacific (APAC) region. Consumers believe that synthetic ingredients will not only damage their skin but also pollute ecosystems. In response, manufacturers are using clean and natural ingredients to align with consumer preferences. As a result, the green cosmetics trend is gaining […]
Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData
Despite the phenomenal growth of ecommerce during and after the COVID-19 pandemic, the premium beauty sector in Southeast Asia is experiencing notable growth within physical retail environments, through collaboration with omnichannel brand-builders. Companies can adapt to this trend and position beauty as a significant driver of revenue in their retail strategy, says GlobalData, a leading data […]
Coffee shops harness social media to boost consumer loyalty across Asia, finds GlobalData
As coffee shops in Asia adapt to evolving consumer preferences, social media has emerged as a pivotal tool for enhancing customer loyalty. The influence of digital platforms is particularly strong among younger consumers, who are increasingly attracted to personalized marketing and interactive engagement. By leveraging social media strategies, coffee shops can foster community and connection, […]
Packaged baby food demand grows in APAC with rising female workforce, reveals GlobalData
The increasing participation of women in the workforce across the Asia-Pacific (APAC) region, coupled with hectic work schedules of dual-income households, is reshaping consumer behavior towards packaged baby food. Rising per capita incomes and the need for convenience are driving greater demand for baby formula, ready-to-eat finger foods, and other baby care products in key […]
Fungi-based food surge in Australia marks new era for sustainable eating, says GlobalData
The surging consumer demand for sustainable, plant-based, and alternative protein sources has sparked a notable upswing in the availability of fungi-based food products in Australia. With a growing emphasis on environmental consciousness and health benefits, fungi-based products are emerging as a significant trend in the food industry, offering nutritious and eco-friendly alternatives to traditional meat […]
Foodservice operators need to navigate challenges in leveraging technology to improve customer experience, says GlobalData
Given the changing operational dynamics and the squeeze on profits, foodservice operators are increasingly leveraging technology to enhance operational efficiency while striving to maintain a personal touch in customer service. While technology can significantly enhance operational efficiency and customer experience in the foodservice industry, operators must navigate challenges related to maintaining personal service, integrating data, […]
Craft sake movement gains momentum in Japan, says GlobalData
A dynamic craft sake movement is sweeping across Japan, driven by a new wave of brewers who are infusing this traditional beverage with fresh and unconventional flavors. From fizzy sparkling sakes to bold and funky varieties, the craft sake revolution is not only transforming Japan’s sake industry but also gaining traction in neighboring markets such […]
Edible oil import duty increase likely to have wide-ranging effects on food sector in India, says GlobalData
The Indian government has recently imposed a 20% basic customs duty on various edible oils to support domestic farmers. The duty increase on crude edible oils, such as sunflower, soybean, and palm oil, is expected to have wide-ranging effects across the food sector, says GlobalData, a leading data and analytics company. Shravani Mali, Consumer Analyst […]
Innovative product offerings to drive Thai dairy alternatives and meat substitutes market growth, says GlobalData
The surge in health-related issues is the key factor driving consumer preference for plant-based substitutes for dairy, meat, eggs, and seafood. In Thailand, the alternative protein market is experiencing significant growth as manufacturers respond to diverse consumer demands and challenges through innovative product development. The entry of more multinational companies and innovative startups is anticipated […]
AI-powered hair care solutions become increasingly popular in APAC, says GlobalData
Artificial intelligence (AI) is transforming various industries by providing wide range of applications that improve efficiency and data driven insights for informed decision making. In the haircare sector, AI is helping manufacturers to provide personalized solutions that analyze user data and deliver an immersive experience to its consumers. Moreover, increasing hair loss concerns and growing […]