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July 31, 2014

Biologically Appropriate Raw Food: Fad or New Trend?

Skepticism of processed, packaged dog food is setting the stage for a rise in biologically appropriate raw food, or BARF. Consumers who buy BARF products maintain that mainstream dog food is unhealthy for their pets’ digestive systems and are willing to pay a premium price and dedicate freezer space for this type of pet food. The key for manufacturers of BARF products is to reach out to health-oriented consumers to continue to grow sales or risk consumers labeling the products as an ideological trend.

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July 30, 2014

Advanced Economies Drive Global Growth in 2014

Despite a weak first quarter, the global economy is picking up pace and is expected to perform even stronger in the second half of 2014. Advanced economies are leading global growth, a reversal of the pattern of recent years when emerging markets dominated. As a result, there will be renewed interest in investment and capital inflows to developed countries but challenges remain such as low inflation, risks of deflation and persistent unemployment.

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Survey Results: Personal Appearances

Based on widespread gender stereotypes, many would assume that women worldwide are more concerned with their outward appearance than their male counterparts. Euromonitor International's Survey Team polled over 6,600 consumers in over 16 different countries to further understand consumers’ style and their beauty and personal care routines. Play the video to find out which results enforced these stereotypes and which results went against the grain.

For further information, please download an extract of the survey results now or explore the full summary report.

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July 29, 2014

Rum's Image Problem in Chile Leads to Dramatic Decrease in Sales

 

Rum, which has enjoyed a decade of uninterrupted growth in Chile, is no longer a favorite among Chilean consumers. Sales of the drink fell by about 40 percent in volume terms from 2011 to 2013. This dramatic drop was caused by rum's image problem in the country. Essentially, the drink became so popular that consumers are now tired of it. Major manufacturers are fleeing Chile, leaving the rum market to a few local brands and imports.

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Problema de imagen del ron en Chile causa dramática caída en ventas

El ron, que ha gozado de una década de crecimiento interrumpido en Chile, dejó de ser un favorito entre los consumidores. El volumen de ventas de esta bebida cayó aproximadamente 40 por ciento entre 2011 y 2013. Esta dramática caída fue causada por el problema de imagen que enfrenta el ron en el país. Fundamentalmente, el trago se volvió tan popular que los consumidores se cansaron de él. Los principales productores están yéndose de Chile, dejando el mercado en manos de algunas marcas locales e importadas.

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July 28, 2014

Smaller Emerging Markets Still Shine in 2014

Risks outweigh opportunities for emerging markets in 2014 and major emerging markets have all seen their growth prospects revised downwards since January. However, smaller Asian and African economies including Chad, Rwanda, Mongolia and Myanmar will be the top performers and some economies including Peru and the Philippines will also put in a strong performance.

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July 25, 2014

Profi deschide primul magazin modular din România

Retailerul alimentar Profi a inaugurat recent un nou concept de retail, Profi City, în Sighişoara, România, în iunie 2014. Acest magazin unic prezintă o inovatoare tehnologie modulară care permite secţiunilor de magazin pre-construite să fie adăugate sau eliminate, în concordanţă cu profitabilitatea outletului respectiv. Pe lângă faptul că noul concept permite retailerul Profi să deschidă magazine în zone de obicei inaccesibile retailerilor moderni, acesta oferă posibilitatea de a redimensiona outleturile în loc să le închidă. Euromonitor International prognozează că Profi City va avea succes în decursul următorilor cinci ani.

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Profi Opens First Modular Store in Romania

Grocery retailer Profi recently opened a new retail concept called Profi City in Sighișoara, Romania in June 2014. This unique store features innovative new modular technology that enables pre-built store sections to be added or taken away based on the profitability of the store. This not only allows Profi to open these stores in areas usually inaccessible to modern retailers, but also to resize stores rather than close them down completely. Euromonitor International believes that Profi City will be successful over the next five years.

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July 23, 2014

China Overtakes the US as the World's Largest Economy

China is set to overtake the US as the world's largest economy in 2014, with a significant impact on consumers and industries. Learn which industries will be the most affected and why by watching this video and downloading Euromonitor's latest whitepaper.

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July 22, 2014

Vita Coco Poised for Success in Asia Pacific under Red Bull China

The Reignwood Group, owner and distributor of Red Bull China, recently purchased a 25 percent stake in Vita Coco with plans to distribute the coconut drink in the country. Although coconut water is not a new product, Red Bull China has vast retail connections, funds for advertisement and sponsorship and the understanding of consumer's growing demand for functional, healthy beverages. Red Bull China has no formal business relationship with Red Bull GMBH but has grown into a US$ 2.5 billion dollar brand in the country. If Vita Coco is promoted similarly, it could surpass sales in the US, which reached nearly US$ 240 million in 2013.

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Recent Posts

Biologically Appropriate Raw Food: Fad or New Trend?

Advanced Economies Drive Global Growth in 2014

Survey Results: Personal Appearances

Rum's Image Problem in Chile Leads to Dramatic Decrease in Sales

Problema de imagen del ron en Chile causa dramática caída en ventas

Smaller Emerging Markets Still Shine in 2014

Profi deschide primul magazin modular din România

Profi Opens First Modular Store in Romania

China Overtakes the US as the World's Largest Economy

Vita Coco Poised for Success in Asia Pacific under Red Bull China