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577 posts categorized "North America"

July 29, 2015

Special Report: El Niño in 2015 Can Have Significant Effects on Economies and Markets

An HodgsonAnalyst Insight by An Hodgson - Industry, Infrastructure and Environment Manager

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The effects of El Niño, a climatic phenomenon that can disrupt weather patterns, have been seen in parts of the world since 2015, impacting economies, markets and consumers. While some countries in Asia Pacific and other regions can experience poor harvests due to dryness and heatwaves, the USA can benefit from El Niño owing to more rainfall and warmer winters. Reduced crop output can result in food price hikes, triggering inflation and higher costs for countries that rely on imported food.

Key points

  • El Niño is a phenomenon that occurs irregularly in the tropical Pacific Ocean every two to seven years and affects weather all around the world. Scientist have confirmed the arrival of an El Niño event in March 2015 and warned that its effects could last until the end of the year; 
  • The El Niño in 2015 is likely to bring reduced rainfall and dryness in Southeast Asia, Australia, India and West Africa, affecting production of major crops in these countries. Agriculture plays an important role in many economies including Vietnam, Indonesia, India and the Philippines. In 2014, gross value added (GVA) from agriculture, hunting, forestry and fishing accounted for 14.3% of Indonesia’s total GVA. Meanwhile, El Niño weather shock can actually benefit the USA as it helps to reduce drought in California, diminish tornadic activity and hurricanes, and bring warmer winters; 

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July 28, 2015

Q&A: The State of the Coffee Market in North America

Coffee-Banner

Analyst Insight by Eric Penicka and Mark Strobel - Research Analyst

These are the questions posed to us following our recent webinar "The State of the Coffee Market in North America." We responded to the original questions via email; you can view our responses below. You can also watch the full webinar on-demand for complete insights.

Q: ­Is there any preference in terms of coffee exporting country for USA, Canada and Mexico? For example, do they prefer mostly coffee from Brazil, Africa, Costa Rica etc or there is no preference?­

A: As a whole, I would say the vast majority of American consumers aren’t aware of differences in coffee by origin, although they may be able to rattle off a few coffee producing nations like Costa Rica, Brazil, Colombia, Ethiopia, etc. When speaking about the sophisticated, high-end coffee consumer, there may very well be some who have a preference to origin, however I believe these consumers are oftentimes more concerned about ethically sourced coffee which may play into geographical preference.

Q: ­Who are the main players in the pod category in the US and what are their market shares?­

A: Coffee pods in the US are dominated by Keurig Green Mountain, who has licensing agreements with nearly all other coffee companies. At a more specific brand name level, Green Mountain Coffee, Private Label, and Starbucks lead, with 16%, 14% and 11%, respectively. Nespresso has only 5% share.

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July 26, 2015

Pour Over Coffee in the US: Trend or Fad?

Virginia LeeAnalyst Insight by Virginia Lee - Senior Research Analyst

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At the March 2015 International Housewares Show in Chicago, multiple vendors featured electric kettles with adjustable temperature controls, filtered coffee systems, and electric coffee makers offering barista-quality coffee. One of the most promising products at the show was the KitchenAid Pour Over Coffee Brewer that claims to marry the benefits of pour over with the ease and consistency of an electric drip coffee maker. Pour over coffee is undergoing a resurgence in the US, as this manual brewing method expands beyond speciality coffee shops in big cities such as Chicago, New York, and Portland, Oregon into smaller cities, housewares retailers, and speciality supermarkets. Coffee shops, appliance makers, and retailers are tapping into Americans’ desire for better tasting coffee by promoting the pour over method. This trend is expected to intensify in the at-home market in the years to come.

Pour-over-coffee

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Euromonitor to Speak at Connect Mobile Summit 2015

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Conference: Connect Mobile Summit

Date: AUGUST 18, 2015

Location: Chicago, IL

Michelle EvansSpeaker:
Michelle Evans

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July 25, 2015

Recap of The Global Food & Beverage Packaging Summit 2015

Sean KreidlerAnalyst Insight by Sean Kreidler - Research Manager

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Eric Penickaand Eric Penicka - Research Analyst

The Global Food & Beverage Packaging Summit was held in Chicago from July 7-8 and included over 30 conference sessions featuring a mix of CPG and packaging companies, as well as an expanded product showcase. The event’s dual track program highlighted marketing and branding strategies as well as production and engineering technical intelligence focused on packaging innovations and solutions for tomorrow’s consumer. Below are the key findings that the North America Euromonitor research team of Eric Penicka and Sean Kreidler observed.

Product innovation was a core theme of the event. Consumer needs are more robust than they were just 10 years ago. Increasingly they are more willing to take risks and try new products. To succeed in the face of mounting competition, standing still is not an option. It is important to identify consumers’ struggles and packaging innovation offers a great opportunity to attend to them. Product reformulation is risky, coupons short-lived and SKU rationalization not necessarily noticed by consumers. Simple packaging redesign is the most obvious and visual way to facelift a product. Now more than ever technology advances have made prototyping more cost effective and easy, stimulating innovation. Also, it is important to think beyond traditional competitors when innovating. For example, Coca-Cola is not only competing with Pepsi for consumer attention, but it is also competing with yoga classes or pints of Ben and Jerry ice cream, that also offer stress release and comfort. Dutch Boy successfully revamped their packaging from metal cans to plastic tubs, fulfilling a need for consumers for greater ease of use. This trend caught on in food categories too and can be seen in Domino sugar, Folgers coffee and Similac powder milk formula.

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July 16, 2015

Euromonitor to Speak at SupplySide West 2015

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Event: SupplySide West

Dates: October 5-9, 2015

Location: Mandalay Bay, Las Vegas

Website: http://west.supplysideshow.com/

Ewa HudsonSpeaker: Ewa Hudson - Head of Health and Wellness Research

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July 15, 2015

US Light Vehicle Sales Back to Pre-Crisis Levels

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In line with economic growth, looser finance, rising employment, robust consumer and business confidence and of course low oil prices, Euromonitor has consistently been expecting 16.9 million light vehicle sales in 2015; above the industry consensus of 16.6-16.7 million earlier in the year. Fundamentally, demand is now back to pre-crisis levels and sales data just released for June means that demand in 2015 is actually likely to exceed 17 million units for the first time since 2002.

July 8, 2015

Health and Wellness the Greatest Threat to Carbonates in the Americas

North and South America shoppers remain some of the biggest consumers of carbonates globally despite countries within the region experiencing both growth and declines in carbonates performance. Despite disparate growth, a common theme has emerged with consumer interest in the health and wellness trend increasing, thus driving reductions in carbonate sales. The carbonates market still offers opportunities for companies successful in offering healthier positioning, adding innovative packaging and introducing new ingredients and flavours. In this presentation, we look at the current state of the market by country in the Americas, starting with Canada, the market with the worst percentage growth in 2014, to Bolivia, the best performing.

 

Ver esta presentación en español

June 30, 2015

Three Trends Driving Forward Remote M-Commerce in 2015

Michelle EvansAnalyst Insight by Michelle Evans - Senior Consumer Finance Analyst

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Back in 2007, Apple set off a smartphone revolution when it introduced the iPhone to market. While some industry observers back then doubted the potential of the iPhone to impact the mobile industry — let alone payments — it has nevertheless jumpstarted a smartphone revolution. Of course, other mobile phone manufacturers have since followed suit to make the smartphone one of the most popular consumer devices on the planet today.

This plethora of such devices has set into motion generational shifts in a number of industries, including payments, retailing, foodservice and travel. The increased availability of smartphones has ushered in new ways of conducting commerce and executing payments. In addition, these technological advances have ushered in a new consumer type — a connected one. Despite all the hype surrounding the potential of in-person or proximity mobile payments, remote mobile commerce accounted for 98% of mobile payments made globally in the 46 markets researched by Euromonitor International.

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June 29, 2015

New Data Available in Home and Garden: Decorative Paint by Volume

Emi_paintVolume-v1.0

Euromonitor International is pleased to announce that the new 2015 Home and Garden system edition now includes Decorative Paint data in volume terms (litres).

This new dataset allows users to compare the evolution of per capita consumption over the last 15 years (2000-2014) with forecasts to 2019 in all 32 researched markets.

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Recent Posts

Special Report: El Niño in 2015 Can Have Significant Effects on Economies and Markets

Q&A: The State of the Coffee Market in North America

Pour Over Coffee in the US: Trend or Fad?

Euromonitor to Speak at Connect Mobile Summit 2015

Recap of The Global Food & Beverage Packaging Summit 2015

Euromonitor to Speak at SupplySide West 2015

US Light Vehicle Sales Back to Pre-Crisis Levels

Health and Wellness the Greatest Threat to Carbonates in the Americas

Three Trends Driving Forward Remote M-Commerce in 2015

New Data Available in Home and Garden: Decorative Paint by Volume