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July 3, 2014

Corporate Strategies in Consumer Foodservice: A Year Of Change

Foodservice-GB-Sample-Slide

After years of consistency in the central trends driving growth in foodservice, 2013 saw some changes. Consumer preferences changed in many key markets, with the global growth story shifting to new areas of focus, categories evolving in new directions, and operators being forced to take a new look at their positioning and expansion plans, and adapt accordingly.

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Instant Coffee: Versatility and Convenience Drive Growth

Instant-Coffee-GB-Sample-Slide

Although fresh coffee dominates the overall coffee industry, instant coffee continues to gain share, thanks in large to its appeal amongst new coffee drinkers. The convenience, versatility, and branded experience of instant coffee make it an attractive consumer product in emerging coffee markets, while in established markets, instant coffee seeks to shed its commodity image to sustain consumer interest.

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June 22, 2014

Asia Pacific's Top 500 Retailers

Reatil Asia LogoEuromonitor International and Retail Asia are pleased to announce the launch of the eleventh edition of the Retail Asia Top 500 Retailers Ranking, listing the largest retailers in the region.  

The retailers on the Retail Asia Top 500 Ranking had total combined revenue of $1.035 trillion, down nearly 3 percent from the previous year, due to a weakening yen. The decline in combined sales primarily was caused by the weakening exchange rate of major Asian currencies against the US dollar, which was the common denominator used for the Top 500 ranking. 

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June 12, 2014

The New Normal for Coffee Machines

Coffee Machine Extract - Sample Slide

The coffee machine market is entering a new normal. Pod coffee machines in North America and Western Europe are a consolidated reality and globally, premiumisation is over. 20% of growth in pod coffee machines now comes from non-traditional coffee drinking markets. In the US, new premium entrants must face Keurig’s undisputed leadership. In Western Europe it is now time for open brewing systems to go premium, leveraging the individuality and localisation trends driving value in foodservice.

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June 10, 2014

Asian Health and Wellness Trends in Food and Beverages

Asia saw strong double digit growth in medical health in 2011 and consumers are increasingly aware that “Prevention is better than cure.”  Therefore, consumers are beginning to make lifestyle choices through exercising and the way they eat and drink in order to stay healthy. Together with all the other factors which I have just mentioned, consumers are taking health eating and drinking as an approach to reduce the demand for expensive health care and high medical costs in the future.Asia-health-giveaway

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Ambiente de Consumidores e de Negócios do Brasil: Crescimento Futuro, Perfis das Cidades e Impacto da Copa do Mundo de 2014

300_portuguese_brazilWorldCup-v1.0Com a chegada da Copa do Mundo, o Brasil tem observado os aumentos previstos em empregos, vendas dos serviços de alimentação e turismo. Mais 3,63 milhões de empregos foram criados para oferecer suporte à demanda de negócios, as vendas dos serviços de alimentação deverão crescer 5,9% e espera-se que as chegadas internacionais aumentem 10,1%, totalizando 6,5 milhões em 2014. Baixe-a-Cópia

No entanto, muitas empresas estão interessadas em explorar o mercado de consumidores do Brasil após a Copa do Mundo. De acordo com a previsão da Euromonitor International, o Brasil se tornará o quinto maior mercado consumidor do mundo em 2023, com os gastos totais dos consumidores chegando a US$ 2,7 trilhões em 2030.

 

Liderando a expansão de longo prazo do mercado brasileiro está o rápido crescimento da classe média, a predominância de população urbana e a tendência do consumidor brasileiro a usufruir um alto nível de gastos discricionários. Os consumidores brasileiros preferem viver o momento presente, gastar grandes quantidades de dinheiro em todas as categorias e, portanto, estão mais dispostos a fazer empréstimos e obter linhas de crédito para suas compras.

“O Brasil é um mercado de negócios lucrativo para as empresas explorar, não apenas por causa do impacto atual da Copa do Mundo”, afirma Marcel Motta, Diretor-Geral da Euromonitor International em São Paulo. “No entanto, para causar um impacto significativo de longo prazo no mercado, as empresas precisam entender sobre a economia, o estilo de vida e as cidades do país. Nosso e-book ajuda as empresas a ter uma prévia sobre o que torna o Brasil exclusivo e oferece insight sobre o desempenho dos negócios do país.”

Brazil's Business and Consumer Environment: Future Growth, City Profiles and the Impact of the 2014 World Cup

300_brazilWorldCup-v1.0As the World Cup approaches, Brazil has seen forecasted increases in jobs, foodservice sales and tourism.  Over 3.63 million jobs have been created to support business demand, foodservice sales are expected to grow 5.9% and international arrivals are expected to increase by 10.1% to total 6.5 million in 2014.

However, many businesses are interested in tapping into Brazil’s consumer market beyond the World Cup. According to Euromonitor International forecasts, Brazil will become the world’s fifth largest consumer market in 2023, with total consumer expenditure reaching US $2.7 trillion in 2030. 

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Leading the long-term expansion of the Brazilian market is the rapid growth of the middle class, predominant urban population and the Brazilian consumer’s tendency to enjoy a high level of discretionary spending.  Brazilian consumers prefer to live in the present, spending larger sums of money across all categories and therefore are more willing to take up loans and credit for their purchases.

“Brazil is a lucrative business market for companies to target, and not just because of the current impact of the World Cup,” said Euromonitor International’s Sao Paulo Country Manager, Marcel Motta.  “However, to have a significant long-term impact on the market, businesses must understand the country’s economics, lifestyle and cities.  Our e-book helps businesses get a glimpse into what makes Brazil unique and offers insight on the country’s business performance.”

June 3, 2014

New 2013 Toys and Games Data Published

Tous and Games 2014 data giveaway

Traditional toys and games and video games performed well in 2013 with each segment recording about 4% growth and 2014 will be a record year for global growth overall. In the next five years, Euromonitor expects China to be the fastest growing market for toys and games with a projected value growth of over 9%.

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Meat Reduction on the Rise in Developed Markets

EMI Presentation for VIV EUROPE_20May2014 Extract

In highly developed consumer markets, the drive towards meat reduction, rather than a switch to outright vegetarianism, is already in evidence. This trend, also popularly referred to as “flexitarianism”, is being driven by four key concerns - health and wellness, animal welfare, environmental issues and tight finances. Euromonitor fresh food data show that over 2008-2013 fresh meat volumes declined by 2% in North America and remained stagnant in Western Europe.

Download an extract from"Fresh Meat, Eggs and Seafood”  presented at VIV Europe 2014 on 20th May by Anastasia Alieva, Head of Fresh Food Research at Euromonitor International.

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May 27, 2014

Key Findings in Tobacco for 2014

Emi_cigaretteDecline-v1.1

 

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