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GlobalData
GlobalData

Consumer

Carbonates industry embracing health-focused innovation to align with consumer priorities, says GlobalData

In recent years, the carbonates industry has undergone a transformation in its product portfolio driven by evolving consumer preferences, changing regulatory measures such as sugar taxes, and increased concerns about health. This transformation trend has been quite visible since the onset of the COVID-19 pandemic, as consumers became more conscious about the impact of sugary […]
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Natural ingredients in antiperspirants and deodorants gain prominence in Europe, says GlobalData

Increasing health and wellness concerns among European consumers are compelling them to make more informed decisions while purchasing antiperspirants and deodorants. The rising negative perception of chemicals, especially, the use of aluminium and zirconium compounds in antiperspirants, which are linked to skin-related issues, has created demand for products made using safe and natural ingredients in […]
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GoMate’s yerba mate elixirs spark healthy hype, says GlobalData

Functionality drinks have risen in popularity among health-conscious consumers globally, propelled by the overarching trend towards wellness-orientated products. According to a GlobalData Q3 2023 consumer survey*, 75% of UK consumers are influenced by a product’s impact on health and wellbeing, underscoring a significant market potential for GoMates yerba mate beverages in the market for dietary […]
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Demand for recyclability driving US beverage manufacturers to switch to rPET bottles, says GlobalData

There is a growing demand for products packaged in recyclable packaging among consumers, especially in developed economies. Considering this, beverage manufacturers in the US are increasingly shifting from polyethylene terephthalate (PET) to recycled polyethylene terephthalate (rPET) bottles to help lower carbon emissions and advance the circular economy, says GlobalData, a leading data and analytics company. […]
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Virtual try-on platforms gaining traction in make-up industry, says GlobalData

The growing prominence of technology in consumers’ day-to-day activities is enabling cosmetics manufacturers across the world to develop technology-based initiatives capable of enhancing the purchasing experience of consumers. One such concept that is gaining popularity in the make-up sector is virtual try-on (VTO). VTO uses artificial intelligence (AI) and augmented reality (AR) to deliver a […]
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McDonald’s IT outage highlights fast food sector’s reliance on digital convenience, says GlobalData

The technology system failure at McDonald’s restaurants across Australia, China, Japan, and the UK underscores the imperative for substantial investment in digital services, on which fast food consumers heavily depend. Although McDonald’s has stated this is not related to a cybersecurity attack, many locations have closed temporarily, showing how costly these outages can be to […]
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Singapore gets ready for bean-less coffee as brands tap into sustainability and affordability, says GlobalData

Consumers are embracing environmental responsibility through their purchase decisions by looking for products with improved sustainability and ethical production processes, as affirmed by 33% of Singaporeans*. Brands are, therefore, tapping into this trend by providing consumers with more sustainable options in coffee offerings, says  GlobalData, a leading data and analytics company. Meenakshi Haran, Consumer Lead […]
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Ultra-processed foods debate spurs brand reevaluation of health perception, says GlobalData

The debate surrounding ultra-processed foods (UPFs) centers on their actual effects and whether they align with optimal dietary practices. However, completely abstaining from UPFs poses a challenge as they are widely available and dominant in various economies. Certain categories, like bread and fortified products, offer essential nutrients. Brands marketing these items must now navigate the […]
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AI turns conceptual flavors into reality, yet trust remains imperative, says GlobalData

Artificial intelligence (AI) is revolutionizing the food and beverage industry by translating abstract flavor concepts into tangible realities. Recent advancements in Japan showcase how brands leverage AI to infuse ideas and emotions into product development, creating unique culinary experiences. This innovation not only enhances consumer engagement but also underscores AI’s role in driving sustainable food […]
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Five key trends in the LATAM food and beverage market emphasize the power of social media and controlled indulgence in 2024, says GlobalData

The emerging trends in Latin America’s food and beverage market offer strong growth opportunities in social shopping, catering to health-conscious consumers and providing superior quality and value The Latin American food and beverage industry looks set for continued success in 2024, following positive growth in 2023. Argentina, Brazil, Chile, Colombia, Mexico, and Peru collectively grew […]
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