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September 2, 2014

Analyst Pulse: Trends in Mobile Travel Bookings

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Hassle-Free Travel Arrangements

Smartphones often serve as ‘digital assistants’, managing schedules, booking reservations and otherwise assisting with day-to-day plans. In theory, smartphones should play a similar role in travel planning. But do consumers actually use mobile technology to arrange travel logistics? If not, what is preventing them from doing so? To further explore this topic, Euromonitor turned to its global network of analysts in over 80 countries, uncovering the trends they see among consumers in their local area.

Most Use Computers Rather than Mobiles to Book Travel

Mobile technology may be proliferating across the globe, but laptops and desktops are still the go-to channel for booking travel, especially when it comes to flights and hotels. In both cases, well over 90% of analysts report that consumers in their country typically use a computer to make reservations. By contrast, slightly over 20% agree that smartphone apps or mobile websites via smartphones are mainstream booking methods. Most consumers also rely on a laptop or desktop to book a rental car, though booking in person is also a common option for many. In-person reservations are even more popular when it comes to arranging activities at a destination. Meanwhile, one third of analysts report that consumers in their country book hotels and rental cars over the phone - evidence that hearing a human voice remains important to many consumers. 

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September 1, 2014

Regional Snack Food Players Achieving Growth in the US

Many regional snack food players are growing in the US using both traditional and unconventional methods. TastyKake, a Philadelphia-based pastry manufacturer expanded its distribution network in 2011 by being acquired by Flower Foods. As a result, TastyKake is now available in the southern US and is rapidly growing sales. Chicago-based SkinnyPop, other other hand, is growing without acquisition. The company sells to convince stores, mass merchandisers and drugstores in the US where low-calorie options can be limited.

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August 27, 2014

The Risks and Rewards of the Burger King and Tim Hortons Deal

6a01310f54565d970c01b8d05c9866970c-800wiWith Elizabeth Friend - Consumer Foodservice Analyst

Burger King recently announced they will purchase Tim Hortons for eleven billion dollars and move its headquarters to Canada. The new company will own about 23.5 billion in terms of annual revenue, putting them behind McDonald’s and Yum! Brands as the third largest consumer foodservice operator in the world. This merger gives Tim Hortons an opportunity to aggressively expand in new markets and gives Burger King a way to compete in the breakfast and coffee segments.

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Strategy Briefing: Opportunities and Challenges in Global Participatory Sport

250_particSport-v1.1According to our new report, health and vanity have been the two largest influencers on consumer exercise.  Obesity has been identified largely as a public health issue due to excessive amounts of media coverage. Therefore, governments around the world have started many initiatives to encourage consumers to exercise more.  Some have even increased funding for public sports facilities or provided tax incentives. 

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Physical attractiveness has also been an important aspect of exercise, as mass media applies much pressure on the consumer to appear perfect, with many ads featuring airbrushed models.  This aspirational perfectionism has not only fuelled interest in exercise but has also increased body disorders, which have also risen over the past decade.

Some of the latest popular exercises include extreme sports such as rock climbing and adventure sports such as triathlons. Many health clubs continued to see growth in developed countries as well, even in spite of the recession.

The increased participation in exercise has led to marketing opportunities and product success in many industries, particularly apparel.  Sportswear sales have consistently outperformed the wide apparel market over recent years, with outdoor clothing becoming popular. 

“There are many market opportunities within apparel, health and supplements, sports and energy drinks, and electronics to cater to the exercise and health conscious consumer,” says Editorial Director, Gina Westbrook.  “Our report really highlights opportunities and challenges globally within exercise and sports consumption.”

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August 26, 2014

Shake Shack IPO Rumors and the Better Burgers Trend

6a01310f54565d970c01b8d05c9866970c-800wiWith Elizabeth Friend - Consumer Foodservice Analyst

US-based burger chain Shake Shack is reportedly seeking an IPO, which would make it one of the first ‘better burger’ chains behind Five Guys to pursue a national expansion. Typically, many major restaurant trends have a well-defined boom and bust lifecycle, but the better burgers trend is extending far beyond the normal lifestyle-driven trend. Although Shake Shack is a regional chain with a long road ahead to becoming national, its design and appeal give it a good chance to come out on top among the competition.

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August 24, 2014

US To Overtake Japan in Mobile Games

Rob-PorterAnalyst Insight by Robert Porter - Toys and Games Analyst

Globally, digital gaming now represents 27% of video games sales in 2013, with mobile gaming being one of the most dynamic categories within digital gaming, growing by 10% in value terms. Japan is the largest mobile gaming market globally at US$1.1 billion, making up 20% of the global mobile games category. However, growth is forecast to plateau in Japan for mobile gaming, allowing the US to overtake in 2015. This is primarily because Japan’s social media players have helped facilitate the growth of free-to-play games proportionally more, impacting the growth of mobile games in a negative way over the forecast period.

Mobile Gaming Growth in Absolute Terms for Japan and the US, 2008-2018

Source: Euromonitor International

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August 20, 2014

Euromonitor to Speak at Canadian Hemp Trade Alliance 2014

CHTA-logoEvent Dates: November 17-19, 2014

Event Location: Winnipeg, Manitoba

Event Description: The CHTA is a national organization that promotes Canadian hemp and hemp products globally. Established in 2003 the Alliance represents those involved in Canada’s hemp industry. Members include; farmers, processors, manufacturers, researchers, entrepreneurs and marketers. The key functions of the Alliance are to disseminate information, promote the use of nutritional and industrial hemp and coordinate research.

SvetlanaUduslivaiaSpeaker: Svetlana Uduslivaia, Canada Research Manager

View Svetlana Uduslivaia's profile on LinkedIn

Presentation Time: Tuesday, November 18th 8:45-9:30AM

Topic: Svetlana will present on “Plant Based Proteins” – Euromonitor has been following trends for high-protein, plant-based proteins, and omega fatty acids at a global and regional level and will share insights with attendees of the CHTA convention about those categories.  Attendees will learn also about what categories hemp could influence in the future.

Event Website: http://www.hemptrade.ca/

 

Euromonitor to Speak at PET Value Chain Americas 2014

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Event Name: PET Value Chain Americas

Event Date: October 14-15, 2014

Event Location: Miami, FL

Event Description: Increasing challenges pertaining to a short supply of PX and potential overcapacity of MEG, due to the shale gas boom, are causing a state of flux in PET markets globally. New plants coming on stream in China, Brazil and the United States are fuelling the fears of PET overcapacity. New developments in Bio- PET and growing demand for R-PET indicate increasing competition for the virgin PET market. It is also essential for you to keep up-to-date on potential products that could be replaced by PET and how this will sustain industry growth in the coming years. PET Value Chain Americas has been specifically designed to address the key issues affecting the North and Latin American markets and will provide you with the tools required to ensure your business overcomes these obstacles.

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August 18, 2014

Euromonitor to Speak at PFAC Conference 2014

Logo_PFAC

Event Name: Pet Food Association of Canada

Dates: November 13 and 14, 2014

Event Location: Fairmont Banff Springs Hotel, Banff, Alberta

SvetlanaUduslivaiaSpeaker: Svetlana Uduslivaia, Senior Research Analyst

View Svetlana Uduslivaia's profile on LinkedIn

Presentation Title: Global Pet Food Trends Report

Presentation Time: November 14 12:00pm

Event Website: http://pfac.com/

August 16, 2014

Euromonitor to Speak at Fast Casual Summit 2014

Fces_colorEvent: Fast Casual Executive Summit 2014

Event Dates: October 12-14, 2014

Location: Denver, Colorado

Event Description: This exclusive event is reserved for top-level restaurant executives — leaders and innovators of the fast casual industry. We bring together an experienced group of restaurant professionals whose common interests and concerns are brought to the table for open discussion in a fun and relaxing environment.

Session Title: Getting Your Beverage Offerings on Trend

Session Time: 11:00 am - 12:00 pm, October 13

ElizabethFriendEuromonitor Panelist: Elizabeth Friend - Senior Consumer Foodservice Analyst

Session Description: Innovation is key when it comes to driving profitability with beverage offerings. From coffee and tea to cocktails, juice and smoothies, learn what’s trending and how to expand and market new beverage offerings.

For more information, please visit the event website: http://www.fastcasualsummit.com/

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Recent Posts

Analyst Pulse: Trends in Mobile Travel Bookings

Regional Snack Food Players Achieving Growth in the US

The Risks and Rewards of the Burger King and Tim Hortons Deal

Strategy Briefing: Opportunities and Challenges in Global Participatory Sport

Shake Shack IPO Rumors and the Better Burgers Trend

US To Overtake Japan in Mobile Games

Euromonitor to Speak at Canadian Hemp Trade Alliance 2014

Euromonitor to Speak at PET Value Chain Americas 2014

Euromonitor to Speak at PFAC Conference 2014

Euromonitor to Speak at Fast Casual Summit 2014