Analsyt Insight by Chris Schmidt - Consumer Health Analyst
As one of the largest constituents of the over-the-counter (OTC) market, analgesics are a cornerstone of many top consumer health producers’ portfolios. The category is emerging from a tumultuous period marked by supply shocks, far-reaching regulatory changes, new competitive dynamics and demographic shifts that could all have substantial long-term effects on how consumers engage with the category. Looking forward, an understanding of the trends affecting the largest and fastest-growing markets will be essential to fully exploiting the category’s massive potential.
Continue reading "A Quick Look Around the World of Adult Systemic Analgesics" »
Analyst Insight by Neil King - Automotive Analyst
The anticipated flood of Chinese cars on European shores has simply not materialised. Even in the UK, where SAIC (Shanghai Automotive Industry Corporation) produces cars bearing the infamous MG badge, the brand captures less than 0.1% of the UK passenger car market and no other Chinese contenders appear in data released by the national trade association, the SMMT. It is rather intriguing that Chinese OEMs have not followed the strategy of Japanese and Korean brands, which entered Europe successfully by offering cars that undercut competitors on price and/or featured higher specifications as standard equipment. As for why this is the case, there are several reasons.
Continue reading "China’s Electric Vehicle Push Could Reap Rewards in Europe" »
Facial cleansing devices have been boosted by claims of efficacy and quality reinforced by blogger endorsement. Additionally these devices provide at-home alternatives to expensive spa treatments. This podcast discusses new product launches and product performance across key markets.
Part of our Fashion Speaks series, the other episode can be found here
Listen as MP3
Continue reading "Fashion Speaks: Facial Cleansing Devices and Fashionable Skin Care Products" »
Analyst Insight by Michelle Grant - Travel and Tourism Research Manager
I had the pleasure of attending the inaugural Skift Global Forum on 9 October 2014, with a focus on the future of travel. It featured speakers from strategy, technology and digital, marketing and creativity. Although the speakers had differing backgrounds, the two recurring themes were the importance of storytelling and of engaged employees to future success in the travel industry.
Skift.com has posted the videos of the presentations here as well as the top quotes from each presentation here. While all of the sessions provided valuable insights, I’m going to summarise the five that I thought were the most forward looking.
Continue reading "Envisioning the Future of Travel at the Skift Global Forum" »
Analyst Insight by John George - Ingredients Analyst
Ingredients companies should increase their presence in India to better understand local trends and capitalise on the popularity of sweet and savoury snacks. Between 2008 and 2013, sweet and savoury snacks delivered a retail value CAGR of 26%. This contributed to the volume consumption of speciality ingredients in India growing by 13%. While other packaged foods also led to this growth, ingredients companies should recognise the superior potential of sweet and savoury snacks in India and take steps to ensure they are getting the most out of sweet and savoury snacks’ success.
Speciality ingredients influenced by sweet and savoury snacks
From 2008 to 2013, volume consumption of polysaccharides and oligosaccharides in India increased by 17%, while volume consumption of flavour enhancers increased by 14%. Sweet and savoury snacks accounted for 57% and 20% of polysaccharides and oligosaccharides and flavour enhancers use respectively, in India in 2013. Between 2013 and 2018, polysaccharides and oligosaccharides and flavour enhancers are forecast to be the speciality Ingredients companies should take note of the role of sweet and savoury snacks in this growth.
Continue reading "Ingredients Companies Must Capitalise on Indian Appetite for Sweet and Savoury Snacks" »
Euromonitor’s recently released Markets of the Future reports reveal the next eight Sub-Saharan African consumer markets with the brightest growth prospects – Angola, Côte d’Ivoire, Ethiopia, Ghana, Mozambique, Senegal, Tanzania and Uganda. These markets had a combined consumer spending of US$192 billion in 2013 and a combined population of 289 million. Between 2013 and 2030 their GDP will increase by 172% in real terms compared to 150% in Sub-Saharan Africa as a whole.
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Analyst Insight by Cruz del Barrio - Head of Home and Garden Research
Increased interest in health and wellness and environmentalism is helping to boost demand for gardening products, particularly among younger consumers. Consumers are increasingly interested in the provenance of the food they eat, a trend that has been reinforced by a number of widely publicised contamination scandals in Europe and China, fuelling a growing distrust of agribusiness. Others perceive it as a way of reducing their carbon footprint and shifting to a more sustainable lifestyle.
These trends are reflected by the increased popularity of GIY (“grow your own”) and urban gardening worldwide. Economic necessity is playing a role in this for some, particularly in markets such as Spain, where the global economic downturn has taken a particularly heavy toll.
Continue reading "Lifestyle Trends Boost Consumer Interest in Gardening" »