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GlobalData
GlobalData

Consumer

Oral beauty trend gains traction in Asian markets, says GlobalData

Dental health is becoming a top priority for Asian consumers given the increasing oral issues such as gum diseases, dental cavities, and oral cancers. Consumers are seeking new oral care products with innovative ingredients and technological integration to support their needs. Consequently, the concept of oral beauty or oral care skinification, which involves the combination […]
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Singapore alcoholic beverages industry digitization to help consumers make informed purchase decisions, says GlobalData

The alcoholic beverages industry in Singapore is witnessing a broader trend of digitization, where traditional practices are evolving to incorporate technology for greater consumer awareness and responsibility. By offering essential information in a convenient digital format, the alcoholic drinks industry is catering to a tech-savvy audience and responding to the growing demand for accessible product […]
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Tempeh gains prominence to combine sustainability with nutrition in modern food trends in APAC, says GlobalData

In the quest for sustainable and nutritious food options, tempeh stands out as a prime example of how traditional foods can meet modern health and environmental standards. Originating from Indonesia, tempeh is a plant-based protein made from fermented soybeans that has been nourishing populations for centuries. As consumers become increasingly aware of their dietary choices’ […]
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India foodservice industry embrace eco-friendly practices to meet consumer sustainability demands, says GlobalData

India’s foodservice operators are increasingly responding to rising consumer demand for eco-friendly practices and addressing the sector’s environmental impact. Many are transitioning to greener alternatives, such as minimizing plastic use and adopting sustainable sourcing. These initiatives reflect a commitment to balancing business growth with ecological responsibility, highlighting the industry’s commitment to environmental sustainability, says GlobalData, […]
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Fusion foods catch consumer fancy in Asia, says GlobalData

Fusion cuisine is gaining traction in Asia as consumers become more experimental with their food choices. Casual dining establishments, in particular, are embracing fusion cuisine, moving away from traditional set menus to attract a broader clientele by offering unique flavor combinations and presentations that appeal to modern diners. The trend is catching consumers’ fancy across […]
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Health-conscious consumerism drives industry support for new alcohol labeling in Australia and New Zealand, says GlobalData

In a significant development for the alcohol industry, the Food Standards Australia New Zealand (FSANZ) is making progress towards introducing new labeling standards for alcoholic beverages in Australia and New Zealand by gaining industry support for the proposals. The support comes in the wake of growing health-conscious consumerism, as 71% of consumers in Australia say […]
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Sunification of cosmetics gaining traction in China, says GlobalData

The increased need for sun protection and climate adaptation is fueling the demand for suncare products in China. Consumer inclination towards a lighter skin tone in the country is a key factor enabling them to progressively choose suncare solutions, which limit discoloration and sunspots. Additionally, consumers are preferring added functionalities in cosmetics, resulting in growing […]
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Cost-of-living crisis-led shift toward cheaper options poses challenges for premium brands in home and personal care, says GlobalData

Brands across the FMCG space are experiencing new challenges and opportunities relative to regional and generational shifts in consumer attitudes regarding value for money. Although the effects of the cost-of-living crisis have lessened in many countries, many values and behaviors arising from it have stuck. The crisis has resulted in a shift in consumer preferences […]
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South Korean companies look to tap growing personalized nutrition demand in Japan, says GlobalData

Japanese consumers are increasingly interested in personalized nutrition, driven by East Asian trends, especially from South Korea. The surge in popularity is attributed to the focus on natural ingredients. South Korean health and beauty companies are strategically targeting the Japanese market to leverage this trend. With Japan’s consumer health industry projected to grow at a […]
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Consumer industry crucial for China economic growth, says GlobalData

China unveiled a comprehensive plan in early August 2024 to boost household consumption, highlighting the consumer industry’s crucial role in economic recovery. As the property market struggles and exports wane, boosting consumer spending—especially on services—has become essential. This shift underscores the industry’s potential to drive growth, as China looks to reduce its reliance on manufacturing […]
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Southeast Asian consumers more likely to boycott brands due to geopolitical tensions, says GlobalData

Geopolitical tensions, such as the Israel–Hamas war, continue to pose a significant risk factor for brands. In the age of social media, brand boycotts over geopolitical tensions are becoming increasingly common. Moreover, Southeast consumers are more likely to boycott brands than consumers in most other markets, says GlobalData, a leading data and analytics company. Shravani […]
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EUDR could cost EU consumers up to $1.5 billion, as new sustainability rules set to impact global commodity supply chains, says new GlobalData study

New study explores the impact of EU Sustainability Regulations and the implications of the new EU Deforestation Regulation (EUDR) for global commodity supply chains and consumer markets EUDR aims to cut greenhouse gas emissions and help limit biodiversity loss by influencing global action on climate change targeting commodities linked to deforestation EUDR will require companies […]
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Rising image consciousness among consumers draws international celebrity beauty brands to India, says GlobalData

The omnipresence of social media is driving consumers to be increasingly image-conscious, embracing the so-called digital narcissism popularized by celebrities and influencers on platforms such as X, Facebook, and Instagram. In a recent GlobalData survey, 31% of Indian respondents stated that social media is an essential influencer of a purchase decision*. As such, the Indian […]
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Indonesia’s move to introduce non-halal labeling for cosmetics will help consumers make informed purchase decisions, says GlobalData

In a country where a majority of consumers prefer halal-certified food, drinks, and cosmetics, the government’s call for cosmetics brands carrying non-halal ingredients to have appropriate labeling will make it easier for Indonesians to buy products according to their preference, says GlobalData, a leading data and analytics company. Meenakshi Haran, Consumer Lead Analyst at GlobalData, […]
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Consumer inclination to balance convenience with sustainability fuels packaging innovations in Vietnam, says GlobalData

The return to normalcy after the COVID-19 pandemic also brings back long commutes and hectic workdays for consumers, who increasingly seek food & drinks in convenient and easy to use formats. Furthermore, growing eco-conscious consumerism is spurring opportunities for brands to use innovative packaging, says GlobalData, a leading data and analytics company. Meenakshi Haran, Lead […]
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