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Latest from GlobalData   July 2018

Spotlight Media Updates

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Tesco looks to defend its grocery share and consolidate operations as non-food website closes

Following the news of Tesco’s planned closure of its loss-making non-food website, Tesco Direct,

Top 25 global consumer packaged goods companies by market cap (end 2017)

The performance highlights of the Top 25 publicly traded global consumer packaged goods (CPG) companies for the year 2017 have been confirmed in the latest research from GlobalData, a leading data and analytics company. The completed analysis reveals a number of interesting insights. Nestle, Procter & Gamble (P&G) and Anheuser-Busch InBev (AB InBev) remained in...

‘Potential chewing gum tax heavy handed’

Following the announcement in the Spring Statement of the consultation on what can be done to reduce the use of single use plastics - which could potentially include chewing gum,

10 FMCG trends to watch out for in 2018

2018 is shaping up to be a year of contradictions in the fast-moving consumer goods (FMCG) market. Healthy junk food is emerging as a snack food trend, but consumers are also re-discovering indulgence via a counter-trend called sweet revenge that celebrates all that is sweet according to GlobalData, a leading data and analytics company. These are two of ten new trends that the company expects to influence packaged goods innovation and marketing in 2018.

Active millennials are being priced out of skiing and golf holidays

While millennials desire active holidays more than any other generation, financial limitations mean that fewer of millennials are participating in particular types of sporting holidays, such as golf and skiing, according to GlobalData, a leading data and analytics company.

Yakult shows how breaking with tradition can attract new consumer segments

Long-established brands like Yakult have demonstrated how to win consumer attention by being open-minded during product development, accommodative to changing consumer trends and bold enough to take risks in breaking brand tradition, according to GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Success Case Study: Everyday Yakult Probiotic Dairy Drink’ draws attention to...

Bright future for products and services improving sleep quality

It is well known that sleep quality has a vital baring on our overall health and wellbeing, as GlobalData, a leading data and analytics company, reviews what products and services will be prominent in this space, beyond over-the-counter drugs, and who is likely to benefit from them?

Meat without animals NPD to hit shelves in 2021

A growing number start-ups are trying to make meat without animals, with a view to addressing concerns about animal welfare and the carbon footprint of meat. However, Chris Lo, Consumer Analyst at GlobalData, a leading data and analytics company, reports that new products will not be ready to hit shelves until 2021.

Rising overpopulation is likely to hinder food standards around the world

Population continues to rise globally, especially in the UK, exacerbating concerns over food standards. According to the Office for National Statistics (ONS), the UK population is expected to increase by 3.6 million (5.5%) over the next ten years to 2026, with the 70 million mark being surpassed by 2029. This increase is more pronounced in births, rather than deaths; 46% of the growth is projected to result from more births.

Marijuana is driving innovation in food and drink markets

Cannabis-infused drinks are set to become more widely available. Investment in the marijuana market is increasing as legal recreational use of the drug becomes more widespread, according to GlobalData, a leading data and analytics company.

Global oil & gas market shrinks by 13.6% in 2016 as low crude oil prices push down revenues

MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players.

16-24 year olds driving growth in the UK household storage market

Young people aged 16-24 are driving growth in the UK household storage market, according to GlobalData, a leading data and analytics company. A large portion of these consumers are in the rental market, and seeking inexpensive storage products to de-clutter their homes and maximise their living space.

Global Eco-tourism takes off with 35% of holiday makers now likely to book an eco-holiday

According to GlobalData, a recognized leader in business information and analytics, the climate change imperative and the rise of responsible travellers is creating a compelling business case for sustainable tourism.

Online event to reveal six packaging innovations making waves for FMCG Brands

With the recent announcement by the Scottish Government of plans to introduce a deposit on return scheme for plastic bottles and cans and a number of the high profile environmental campaigns highlighting the issue of plastic packaging waste, packaging of all kinds have gained a high profile in the news and become a very topical subject over the last 12 months.

Asia Pacific e-commerce market out performs Europe and North America

New findings from GlobalData’s, Consumer Payments Insight Survey reveal the extent of Asian consumers’ demand for mobile apps, smartphones and digital wallets when purchasing online.

WEBINAR: Key Ingredient Trends in FMCG – What Consumers are Saying in 2017

Primary research results from GlobalData, a recognized leader in providing business information and analytics, have revealed that the presence of natural ingredients would make 46% of consumers globally choose one brand over another when shopping.

Millennials are the most experimental consumers, with seniors least likely to try new products

The older we get, the less likely we are to want to experiment with novel flavors and fragrances, according to GlobalData, a recognized leader in providing business information and analytics.

Pet food innovation mimicking human trends of snacking and clean eating

A majority of pet owners tend to liken their animals’ needs to their own, meaning recent consumer developments such as ‘clean eating’ and snacking trends are being integrated into the diets of cats, dogs, and other popular pets, according to GlobalData, a recognized leader in providing business information and analytics.

Older consumers yet to be convinced by the benefits of smart-tech solutions

While 73% of millennials find the concept of controlling home appliances using their smartphones appealing or very appealing, less than half of over-55s share this sentiment, according to GlobalData, a recognized leader in providing business information and analytics.

Consumers now more concerned about mental wellbeing than physical fitness

Driven by increasingly digital lifestyles and a more holistic understanding of health and wellbeing, the demand for products that address health beyond diet and fitness is growing, according to GlobalData, a recognized leader in providing business information and analytics.

Product personalization and lifestyle choices now more important than traditional consumer demographics

Lifestyle-focused consumers are increasingly seeking products personalized to their individual preferences rather than those corresponding to traditional demographic stereotypes, according to GlobalData, a recognized leader in providing business information and analytics.

Flexible packaging needs to work on its premium credentials and sustainability to capture market share from glass packaging

Flexible packaging has quickly become a popular choice among consumers and consumer goods producers due to its cost efficiency and convenience. However, lack of sustainability and low premium appeal are hindering the growth of the flexible packaging segment, signaling a need for manufacturers to invest in addressing these issues, according to GlobalData, a recognized leader in providing business information and analytics.

New product trends for a New Year: 10 trends to watch in fast-moving consumer goods in 2017

Ugly is beautiful, cold is hot, and alcohol is healthy: trends from the world of fast-moving consumer goods that reflect the upside-down innovation expected to roil the consumer marketplace in 2017. These are just three of 10 hot new trends GlobalData unit expects to change the course of packaged goods innovation and marketing in the New Year.

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