Tag "GlobalData"
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which drew conclusions from the responses of more than 6,000 young people in Germany, France, Spain, Italy, China and the US...
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The growing popularity of convenience foods: how is food consumption changing?
The increasingly fast pace of life in modern society is accompanied by the relegation of traditional home cooking and an increase in the demand for convenience foods. For people, simplicity...
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UK Labour government to ban energy drink sales to teens
The party said energy drinks containing 150mg of caffeine per litre will be “banned from sale in retail outlets and online to under-16s”. The UK Labour party has pledged to...
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Millennials and Gen Zs drive surge in demand for RTD iced coffee
The demand for iced and specialty coffee beverages is experiencing a significant uptick, largely driven by Millennials and Generation Zs, according to a recent report by GlobalData. “This cohort has...
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Customer Loyalty Schemes Key To Success For Retailers, GlobalData Says
Loyalty schemes offered by retailers could hold the key to success for FMCG retailers, according to data and analytics firm GlobalData. Consumers are increasingly taking advantage of loyalty schemes, particularly...
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Forrester predicts a new online boom
Forrester anticipates significant growth in online retail spending in the largest European countries in the coming years. The American research firm expects an average annual growth of 9.2 percent. Forrester...
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Inflation hampers global alcohol spend in Q3
More than 50% of those who have cut back on their grocery shopping say they have cut out alcohol altogether in the last three months. Over half of those cutting...
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European ecommerce to grow 9% annually
The European ecommerce market is expected to reach 1.5 trillion dollar by 2027, according to GlobalData in a new research report. This translates to an average annual growth rate of...
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Taurine ‘may slow ageing process’
Taurine – a commonly found ingredient in energy drinks and food supplements – could be the secret to a long and healthy life. At least, that’s according to a study that...
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Proposed tax hike threatens success of alcohol-free beer in Thailand
A proposed tax hike on alcohol-free beer in Thailand could “clip the wings” of this niche category “even before it takes off”, analytics and consulting firm GlobalData has said. Several...
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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData
Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers* achieved a remarkable year-on-year (YoY) revenue growth of...
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Are health and wellness subscriptions the next frontier for grocers?
Hy-Vee and Amazon have recently ventured into memberships that bundle wellness services, and sources say other grocers will likely follow suit. Last week, Hy-Vee unveiled a health and wellness subscription...
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TikTok Tops For Social Media-Based Shopping, Study Finds
Livestream shopping on social media has gained popularity since the COVID-19 pandemic, blending engaging content with an option to purchase products, and indeed many analysts are predicting that ‘social commerce’...
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San Benedetto is still the No.1 non-alcoholic beverage in Italy
For the sixth year in a row, Acqua Minerale San Benedetto is the biggest player in the Italian non-alcoholic drink market. Fully Italian-owned company San Benedetto had a 16.3-percent market...
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