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September 20, 2014

Veal: Evolving from “Cruel Meat” to Ethical Choice

Simone_BarokeAnalyst Insight by Simone Baroke - Contributing Analyst

The veal market is undergoing a slow but unstoppable revolution. There is a move away from age-old clashing viewpoints, which saw an unquestioning consumer acceptance of outdated animal rearing practices in traditional veal consuming countries on the one hand, and the outright rejection of veal as “cruel meat” in others. In line with rising animal welfare concerns, traditional veal eaters are starting to modify their expectations, while former veal rejecters are gradually getting used to the idea that veal can be produced humanely, and also that choosing veal represents a step towards sustainability.

Of crates and anaemia

Not all that long ago, from the standpoint of animal welfare watchers, eating veal was regarded just as abominable a culinary habit as the consumption of foie gras. However, unlike the latter, good-quality veal can indeed be produced without undue animal suffering. Great strides have been made in that direction over the last decade, and efforts are still ongoing.

A major milestone was achieved in 2007, when the EU finally outlawed the infamous veal crates, originally designed to restrict the animals’ movement in order to keep their muscles soft. In the US, although still legal, veal crates are used less and less, and the American Veal Association plans to phase them out by 2017.

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September 19, 2014

Going Green Unlikely to Significantly Boost Western Europe’s Bottled Water Market

James MaddockAnalyst Insight by James Maddock - Packaging Analyst

Western Europeans love bottled water: in 2013 they drank over 45 billion litres of it. However, while it may be a valuable product to producers and packagers alike, the truth is that growth in per capita consumption rates are expected to slow over the forecast period. Packagers and/or brand owners will be hoping that breakthroughs in eco-friendly packaging will help to arrest this slowdown in demand, but successfully accelerating growth is likely to take more than this.

Growth in demand to slow in Western Europe

In 2013, Western Europe had the highest per capita bottled water consumption of any region, with only North America coming close. This high level of average annual consumption, which stood at approximately 93 litres in 2013, drives demand in the region, a sharp contrast with Asia Pacific. Asia represents a bigger overall market, but demand comes from a far greater number of individuals consuming at about one fifth of the levels that their Western European equivalents do. The bad news for packagers and producers alike is that growth in per capita consumption is expected to slow over 2013-2018, with North America set to overtake Western Europe as the region with the highest consumption rate by the end of the forecast period.

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September 18, 2014

Top 5 Manufacturing Economies: What Challenges Are They Facing?

An HodgsonAnalyst Insight by An Hodgson - Income and Expenditure Manager

View An Hodgson's profile on LinkedIn

Four of the top five countries in terms of total manufacturing production are developed economies, with the exception of China whose impressive manufacturing might was built upon a pool of low-cost labour. Altogether the top five manufacturing countries accounted for 66.0% of global manufacturing output in 2013. Despite their dominance, each of the top five manufacturing powerhouses is facing a set of unique challenges that could change the future global manufacturing landscape. Understanding the challenges facing these top manufacturing economies can help businesses plan strategically as well as identifying long-term opportunities.

Top 5 Countries in Total Manufacturing Production: 2013

Source: Euromonitor International from national statistics/UN/OECD

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September 17, 2014

The Rise of Cycling Cities in Europe

Kasparas AdomaitisAnalyst Insight by Kasparas Adomaitis - Cities Analyst

In some Western European cities, private vehicle ownership rates are surprisingly low. This does not mean that the population living there cannot afford their own vehicle, but rather that commuting takes different forms in some of these cities: the spread of cycling seems to be one of the most important contemporary trends changing cities’ vibes and local lifestyles. In particular, cities in the Netherlands and Denmark are undisputed leaders in terms of share of cyclists as these countries have long cycling traditions and the relevant infrastructure. However, a number of other metropolises, as well as second-tier cities in Western Europe, are rapidly improving their cyclability.

Western European Cities with the Lowest Rates Of Passenger Car Ownership, 2013

Source: Euromonitor International

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September 16, 2014

What Impact Would Scottish Independence Have on the Retailing Industry?

Filippo BattainiAnalyst Insight by Filippo Battaini - Retailing Analyst

View Filippo Battaini's profile on LinkedIn

In view of the vote on 18th September on whether Scotland should become an independent state or not, there has been a lot of debate on the state of the Scottish economy and whether Scotland will fare better or worse outside the union. But, with a Scottish retailing market that Euromonitor International estimates at £28.5 billion in 2013, what is it likely to be the impact of the possible independence on this industry? Will an independent Scotland be good or bad for large retailers currently operating across the UK? As the details of how independence would be implemented still need to be negotiated and defined – for instance, it is not clear which currency an independent Scotland would adopt – it is currently not possible to state precisely the likely impact that Scottish independence would have on the retailing industry.

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Euromonitor to Speak at WTM Vision Rimini at TTG Incontri

WTM_VisionConferenceLOGO_white_2

WTM Vision Rimini at TTG Incontri

Date: 9 October 2014, 3-5pm

Location: Rimini Fiera, TTG Forum. Pad. C2

Presentation: The global economy is on the mend and tourist arrivals recorded another sharp performance in 2013, reaching record numbers of over one billion worldwide. While China and Russia drive outbound tourism growth, low cost carriers are increasingly successful worldwide and their business model is embraced by several schedule airlines and hotel sales see a global recovery led primarily by mid-priced outlets.

In this presentation, Angelo Rossini, Online Travel Analyst at Euromonitor International, will analyse the consumer trends and forces driving change in the travel industry and will showcase the latest developments in online travel. Angelo will assess how the online and mobile channels are re-shaping the travel industry and review the potential in this industry for big data analytics and wearable electronics. Euromonitor International’s research will help to answer burning questions such as how are online consumer demands changing and how should travel companies adapt their business models to be successful.

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September 15, 2014

The Potential Impact of Scottish Independence on the UK's Business and Consumer Landscape

Carrie_LennardAnalyst Insight by Carrie Lennard - Business Environment Manager

View Carrie Lennard's profile on LinkedIn

As Scottish citizens prepare to vote on the 18th September 2014 on the issue of Scottish independence, the outcome will have a major impact on the United Kingdom, and the EU as a whole. The UK is one of the most robust economies in the EU, accounting for 14.6% of total EU GDP in 2013. If Scotland becomes independent, the impact on the consumer landscape and business environments in both Scotland and the remainder of the United Kingdom will be far reaching, potentially impacting many areas such as retailing and consumers, the employment landscape and government finances.

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September 14, 2014

Euromonitor to speak at Health Ingredients Europe (Hi Europe) 2014

Hi_Europe_rgb

Date: 2 – 4 December 2014

Location: Amsterdam RAI, The Netherlands

Conference: Euromonitor International is pleased to be a part of Health Ingredients Europe. The leading nutritional ingredients event, Health ingredients (Hi) Europe & Natural ingredients (Ni) have created a powerhouse exhibition that will provide a complete 360 perspective of the Nutritional + Wellness industry. Becoming the global meeting place for nutritional food and beverage innovation, HiE will highlight ingredients and solutions for food and drink formulation/reformulation, dietary supplements, nutraceuticals, organics and packaging & processing.

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September 13, 2014

Euromonitor to Speak at KBB Review Kitchen Conference 2014

KbbEvent Name: KBB Review Kitchen Conference

Date: 24th September, 2014

Location: Warwickshire, UK

Event Description: The KBBREVIEW KITCHEN SUPPLIER CONFERENCE 2014 is for everyone supplying products to the independent kitchen retailer and will concentrate on the wider market with overview case studies and presentations on marketing, business strategy and influences.

Link: http://www.kbbreview.com/2014-conference.htm

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September 11, 2014

Russian Roulette, Legislative Bullets and the US$2 billion Hangover

Spiros_MalandrakisAnalyst Insight by Spiros Malandrakis - Senior Alcoholic Drinks Analyst

View Spiros Malandrakis' profile on LinkedIn

All is not quiet on the Eastern Front. The Russian alcoholic drinks market- once upon a time lauded as a lynchpin of a BRIC narrative now in tatters- is already reeling under the pressure of excise tax hikes, maturity induced headwinds, advertising bans and relentlessly tightening legislation. Somewhat perversely, these are the good news- largely priced in, discussed and doused in litres of high proof optimism by key international industry players operating in Russia.

The bad news is that there is a very real danger that the country’s Mexican stand-off with the west alongside the rising spectre of Cold War sanctions, embargos and paranoia could derail international trade and agreements, undermine evolving drinking patterns and ultimately provide a fatal blow to imported beer, wine and spirits brands . With the total value of alcoholic drinks imported to Russia from countries adopting opposing squares in the global geopolitical chessboard reaching $US 2 billion in 2012, the unfolding crisis has the potential to produce the mother of all hangovers for alcoholic drinks companies putting down most of the proverbial chips on that market.

Continue reading "Russian Roulette, Legislative Bullets and the US$2 billion Hangover" »

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Recent Posts

Veal: Evolving from “Cruel Meat” to Ethical Choice

Going Green Unlikely to Significantly Boost Western Europe’s Bottled Water Market

Top 5 Manufacturing Economies: What Challenges Are They Facing?

The Rise of Cycling Cities in Europe

What Impact Would Scottish Independence Have on the Retailing Industry?

Euromonitor to Speak at WTM Vision Rimini at TTG Incontri

The Potential Impact of Scottish Independence on the UK's Business and Consumer Landscape

Euromonitor to speak at Health Ingredients Europe (Hi Europe) 2014

Euromonitor to Speak at KBB Review Kitchen Conference 2014

Russian Roulette, Legislative Bullets and the US$2 billion Hangover