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Article

Five Key Trends Shaping Dairy Products and Alternatives

Maria Mascaraque

Maria Mascaraque

11 Dec 23

The dairy products and alternatives industry is set to deliver strong value growth globally in 2022 of 7.5%, to reach retail value sales of USD642 billon. On the flip side, volumes are estimated to be down by -0.6%. This reflects how inflationary pressures are heavily impacting dairy prices as farmers face increased cost for the production of dairy, including fertilisers, feed and fuel.

Article

The Cost of Living Crisis Could be a New Era for Frozen Food

Matthew Barry

Matthew Barry

20 Jul 23

Frozen food performed particularly well during the pandemic, with sales up by 12% in 2020 (versus 10% for shelf-stable and 8% for chilled) as consumers looked for products they could stockpile as they hunkered down at home. However, hopes that this would be the beginning of a new era of frozen dominance proved to be short-lived.

Article

Three Trends Driving the Global Luxury Goods Market in 2023

Fflur Roberts

Fflur Roberts

7 Jul 23

As the global economy faces slower growth and high inflation, the challenges and uncertainties facing both luxury consumers and key players are escalating. The extraordinary global disruptions over the last few years have led to the rise of a new economic reality that is shaping the consumption of luxury goods and business outcomes today, but is similarly setting the benchmark of what we should expect for the short-term outlook.

Article

Navigating the Post-Pandemic Landscape: Retail Executive Summit Singapore 2023 Spotlights Unique Experiences and Technology

Quan Yao Peh

Quan Yao Peh

23 May 23

The Retail Executive Summit is a conference held annually in Singapore designed for networking, knowledge exchange and staying ahead of retail developments. The 2023 edition highlighted how the retail landscape and consumer expectations in Southeast Asia have evolved post-pandemic.

Article

Top Three Trends Shaping China’s Beauty and Personal Care Market

Chloe Zhu

Chloe Zhu

2 May 23

The COVID-19 pandemic and related restrictions sent shockwaves through China’s beauty and personal care industry in 2022 and crippled consumers’ beauty spending. But with the lifting of zero-COVID measures in December 2022, the market heads into 2023 with strong signs of recovery.

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Global Economic Forecasts: Q1 2023

Euromonitor International

Euromonitor International

9 Mar 23

Economic uncertainty is expected to continue throughout 2023. But some economies like the US have been more resilient than anticipated from a result of a strong labour market.

Article

Top Three Opportunities for Eating Occasions at Home

Emil Fazira

Emil Fazira

1 Mar 23

The eating at home business – an estimated total of retail packaged food and delivery/takeaway foodservice sales combined – has surged as an effect of the pandemic, and it is offering more options for consumers. In 2022, it was a USD3.8 trillion market and estimated to cross USD4.6 trillion by 2027.

Article

Global Economic Outlook: Q1 2023

Lan Ha

Lan Ha

2 Feb 23

At the outset of 2023, the global economy has seen some positive signs as inflation and energy prices ease from their peak levels. China’s end of zero-COVID policy also provides some growth impulses, though its full impact has not yet been unfolded. Nevertheless, the global macroeconomic environment remains challenging for economies, business and consumers in the year ahead.

Article

As Foodservice Recovers, What Can Food Retail Do?

Andres Chehtman

Andres Chehtman

31 Jan 23

Global foodservice transactions continue to recover in 2022 from the strong decline of 2020. In this article we show the reasons for the recovery, such as the desire to enjoy life and the rise of ordering food for home delivery, and what can packaged food companies do in light of the recovery of foodservice.

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