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July 18, 2014

Three Categories Driving Growth in Health and Wellness Soft Drinks

The health and wellness soft drinks industry is being driven by three main categories: bottled water, juice and ready-to-drink tea. There is a consumer shift in ready-to-drink bottled water towards the premium sector, with mineral water and natural spring water driving sales in this sector. For health and wellness juice, reducing sugar content has proved a successful strategy as consumers are increasingly concerned about their sugar intake. In healthy ready-to-drink teas, companies are tailoring the health benefits and tastes of their products to match consumer profiles and preferences in different areas of the world.

Join Diana Cowland at the Food Ingredients Global Summit on September 23-25 at etc Venues in London.

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July 16, 2014

Global Luxury Jewellery and Timepices: Key Trends and Growth Prospects

Fflur Roberts, Head of Luxury Goods Research at Euromonitor, recently spoke at Jewellery & Watch London. Euromonitor and Jewllery and Watch are pleased to offer Fflur's presentation exclusively.

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July 15, 2014

Majority Stake Purchase of Indesit by Whirlpool is a Win for Both Companies

Whirlpool’s agreement to purchase a majority stake in Indesit will push the company back into the number one global player in major consumer appliances above Haier. Indesit benefits from the purchase as Whirlpool will assist the company in moving into the premium segment, and Whirlpool in turn is gaining a foothold into countries such as Turkey and Russia.

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July 13, 2014

Control de peso en Latinoamérica: claves de una industria millonaria

Más del 50% de la población latinoamericana sufre algún grado de sobrepeso u obesidad. Esta alarmante tasa ha hecho que tanto los consumidores como los gobiernos tomen una posición de prevención en relación a esta situación.  Por su parte la industria de alimentos y bebidas ha creado una gama de productos con menores contenidos de azúcar, grasas y carbohidratos para ayudar a combatir el problema.  Los consumidores demandan productos que además de ser “bajos en”, cumplan con lo que prometan, tengan un buen sabor y no tengan efectos nocivos para la salud. En este sentido los productos naturales empiezan a ganar terreno y entre éstos la stevia ha demostrado ser la favorita de la industria.

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July 10, 2014

Five Key Takeaways from Starbucks' M-Commerce Success

The Starbucks mobile payments app has provided one of the best case studies for how to drive consumer adoption of in-store purchases made via a mobile phone. For retailers or foodservice operators looking to replicate Starbucks’ success, there are several best practices to keep in mind before developing, implementing and launching a mobile payment app.

 Join Euromonitor in attending the Connect Mobile Innovation Summit in Chicago, IL from August 18-20th. Senior Consumer Finance Analyst Michelle Evans will be there with many others to learn more and talk about mobile payments in the foodservice industry.

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July 8, 2014

Mini Appliances a Perfect Fit for Singapore and Hong Kong

Euromonitor International recently reported on the rise of mini or compact appliances in South Korea , and these appliances are a perfect match for other Asian countries, most notably Singapore and Hong Kong. The number of single-person households and households without children in both countries make smaller appliances an attractive alternative to large machines, and many consumers in these countries live in small apartments where space saving is a necessity.

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July 7, 2014

Hormel Acquiring Muscle Milk Highlights Importance of Protein Trend

 

Hormel’s acquisition of Muscle Milk manufacturer Cytosport is another in a series of ambitious moves by the company in recent years and highlights the importance of sports nutrition as a category of consumer health. The ready to drink protein segment will grow twice as fast as the overall sports nutrition category and massive opportunities exist outside of the US where this category is untapped. This could be the first of many acquisitions in sports nutrition as protein continues to be hot trend in packaged food and drink. 

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July 1, 2014

Competition Rises in Polish M-Commerce Sector

 

Competition in the consumer finance industry in Poland is at a new high as banks partner with mobile phone subscribers to bolster mobile commerce offerings. In early 2014, mobile operator Plus, TV operator Cyfrowy Polsat and Invest Bank created Plus Bank, which has 300 thousand clients and the opportunity to expand given both Plus and Cyfrowy Polsat's enormous user base. In addition to this, Alior bank and T-mobile Polska also partnered in the beginning of 2014 to strengthen Alior's m-commerce business. According to Euromontor, m-commerce is expected to reach PLN40 billion by 2019, and more mergers of banks and mobile operators are expected in the future.

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June 30, 2014

Singapore's 'Hipster Cafes' Growing in Popularity

 

The number of consumers who dine out in Singapore is massive, and these consumers are constantly on the lookout for new unique experiences. Independent cafes in the country are becoming increasingly popular with teenagers to people in their 30s. These independent cafes, dubbed ‘Hipster Cafes’ by some of the locals offer distinct experiences that separate them from normal dining experiences. For instance, Chock Full of Beans offers art in the foam of its coffee, Windowsill Pie has a wooded cottage theme and Wheeler’s Yard is located in an industrial space and sells bicycles as well as food. Increasing purchasing power in Singapore means consumers can afford to spend more at these cafes for a unique experience and word of mouth as well as food bloggers keeps consumers on the lookout to try new cafes.

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June 27, 2014

Smoking Ban in Chile Reduces Cigarette Consumption

 

In 2013, Chile's legislative body prohibited smoking in all enclosed public places such as bars, restaurants and stadiums. The tobacco market in Chile is enormous, with smokers in the country lighting up 8 times a day on average, and the ban has had a huge effect on the market, reducing consumption of cigarettes in the country by 7 percent from 2012 to 2013. The Chilean government has also heavily taxed cigarettes and passed a law outlawing additives that may increase addiction with the purpose of reducing the amount of money spent on health care. In response to these taxes, tobacco companies are releasing new economy and basic brands of cigarettes.

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