World

Asia Pacific remained the largest global producer of food, beverages and tobacco in 2021, with sales valued at USD3,809 billion. With the release of pent-up demand, the industry’s turnover witnessed an increase in 2021. Going forward, expanding…

ConAgra is the sixth largest cooking ingredients and meals company in the world. Due to successful past acquisitions, as well as legacy brands’ performance, ConAgra will keep its steady growth and recoup lost market share in cooking ingredients and…

Snack sales are still being impacted by unprecedented historic events (eg the COVID-19 pandemic, war and inflation). The latest updates to Snacks Industry Forecast Model suggest that with prices on the rise, sales are expected to see a slowdown in…

This report examines e-commerce usage and revenue share from e-commerce in different industries and countries. The e-commerce index helps to better understand which industries are leading and identify key success factors. The briefing also analysis…

Cloud gaming has been gaining lots of traction in recent years as it allows people to access graphically demanding games without owning top-tier gaming hardware. As it offers low entry price for a PC or console experience, many expected it to take…

A growing health and wellness trend brings with it an increased focus on sleep health. Whilst the bulk of innovation is product-centric, brands are beginning to explore the broader sleep ecosystem. Retail channels are visually merchandising aspects…

In 2021, Asia Pacific ranked first globally in terms of production output of pharmaceuticals and medical equipment, with a turnover of USD857 billion. Over 2021-2030, the region is expected to record the fastest production growth globally,…

Consumer mobility is evolving as urbanisation, sustainability and growing technological savviness are driving demand for travel supported by dynamic payment solutions. Euromonitor International introduces the Digital Payments in Mobility Index to…

Heineken has been making good progress in recovering from pandemic-driven disruption; however, along with the rest of the industry, it is now having to contend with sharp rises in costs and the potential impact of the cost of living crisis on demand.…

Global demand for meat alternatives is rising as health and sustainability concerns push more consumers towards meat reduction. This report examines how the use of fermentation can push the boundaries of innovation, offering numerous opportunities in…

The recovery from the pandemic is already well under way in Asia Pacific, but it could take some time for booking sales to fully rebound, given the collapse seen in the travel industry in 2020. While most countries were recording very dynamic growth…

While Latin America has been recording strong growth in the last two years, booking sales are still below pre-pandemic levels, given the size of the losses seen in 2020. Dynamic performances are being registered across the region, in spite of the…

Euromonitor International forecasts global economic growth to slow significantly to 2.3% in 2023, as demand weakens amid uncertainties, inflation and tightened financial conditions. Unemployment could rise, but the labour market will remain tight.…

Sustainability has become a prominent theme in the 21st century, especially in light of rising urbanisation, which is putting more pressure on infrastructure and quality of life. The report analyses sustainability across seven key areas: water,…

In 2021, Latin America ranked fourth globally in terms of production output of pharmaceuticals and medical equipment, with a turnover of USD123.9 billion. Going forward, the industry is forecast to record slow growth due to soaring inflation,…

The soft drinks market in the Nordics is booming and one of the driving forces behind this is the increasing demand for functional beverages. Consumers in the Nordic countries are primarily looking for functional products with a boost due to the…

This report highlights the results of Euromonitor’s Voice of the Industry: Alcoholic Drinks 2022 survey, alongside commentary and context from Euromonitor International experts.

The Q4 2022 update for beauty and personal care shows an upgrade for 2022 compared to estimates made in Q3 2022, but a downgrade from April 2022 baselines. China’s recent changes in zero-COVID policies foretell future optimism for the second largest…

Firmenich is one of the world’s largest fragrance and flavour producers, and focuses its strategy on research and development, as well as mergers and acquisitions. Firmenich is active in meeting consumer demand for diet transformation through…

The COVID-19 pandemic has changed oral care: from being an essential category, oral care is now seen as an extension to overall health and beauty. Value-added products will drive growth in developed markets, while emerging markets will see consumers…

After the disruption caused by the pandemic in 2020, with measures such as lockdowns and non-essential retail outlet closures impacting eyewear sales, Johnson & Johnson immediately returned to seeing positive growth in 2021. With its strength in the…

The latest Travel Quarterly Statement reveals that travel and tourism continue to power on through their recovery. However, dark clouds are gathering as recession looms in advanced markets and growth slows in China. Yet the reopening of China’s…

Consumers concerned about their physical and mental wellbeing are seeking preventative health solutions in food. This is driving sales of health and wellness packaged food, which reached USD497 billion in 2021. Free from has seen the strongest…

While e-commerce has continued to gain share in recent years, helped by lockdowns and enforced closures of store-based retail outlets during the pandemic, traditional toys and games stores do still have a role to play, particularly for traditional…

Colgate-Palmolive Co’s business unit in pet care, Hill’s Pet Nutrition, is a major global player in pet food, with a wide portfolio of premium and functional products. Science Diet and Prescription Diet, Hill’s main brands, continued growing in…

Challenges for the home and garden industry in 2021 and 2022 included unreliability in supply, with demand vastly exceeding supply, causing shortages and thus cost spikes. Following Russia’s invasion of Ukraine, the challenge in the short term is…

As inflation hits consumers’ purchasing power, modern eyewear shoppers have increasingly demanding expectations of the products they buy. Players in the industry will have to adapt their retail strategies to remain competitive. Eyewear sales via…

Coty’s sales had a 10% upturn in 2021 after continuously declining during 2018-2020. New leadership’s turnaround strategies, including streamlining the portfolio, developing skin care, and expanding luxury colour cosmetics, already achieved initial…

This briefing discusses the home care industry’s approach to environmental sustainability at a time of economic turmoil. Consumer demand for sustainable product solutions is growing. However, price remains a barrier to wider adoption. The industry…

Mengniu is the fifth largest dairy player in the world, with significant sales of dairy products in China. The company has benefited from market momentum after the COVID-19 pandemic, as dairy products – especially drinking milk – are believed to be…

After seeing dynamic pandemic-related growth in 2020 due to home seclusion and foodservice closures, rice, pasta and noodles slipped into decline a year later as consumers used up stockpiled goods and were eating out more. However, 2022 saw a return…

Financial instability is a favourable environment for private label development. Premium private label, while niche, offers scope to add value and increase loyalty to retailers. It also makes added-value products accessible for price-sensitive…

Tate & Lyle recently split into two companies; new Tate & Lyle repositions as a growth-focused speciality food and beverage solutions business.Tate & Lyle’s new strategy increases investment in research and innovation, strengthens its position…

iRobot has benefited from the growth of robotic vacuum cleaners and the proliferation of the category during the pandemic, and continues to lead globally. However, an increasing number of low- and mid-tier products threaten iRobot’s share. iRobot…

Campbell Soup Co is a well-established and well-recognised soups manufacturer, operating additionally in sauces , dips and condiments, mainly in its domestic US market. This report delves into Campbell Soup Co’s financial results, main markets and…

This briefing covers the main developments impacting the cannabis industry in the last quarter of 2022, including regulatory updates in all regions, macroeconomic, industry and market updates, as well as new product developments in the cannabis…

Asia Pacific remains the largest region globally for rice, pasta and noodles. Positive growth has continued to be seen in 2022, in spite of price increases caused by supply and cost challenges arising from the pandemic, the war in Ukraine and global…

The global economy is forecast to slow considerably in 2023, edging close to recession as it continues to face ripple effects and lingering risks resulting from the war in Ukraine. Businesses and consumers will see persistent price pressures combined…

US childrenswear and footwear showed greater resilience than wider apparel and footwear facing the COVID-19 crisis in 2020 and economic uncertainties in 2022. Fashion players, especially mid- to high-value players, are progressively relaunching…

Kraft Heinz Co ranked sixth in the global dairy products and alternatives industry in 2022, focusing mainly on the US market. To strengthen its position in the market, the company is implementing a transformation strategy. It is renovating its…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

This global company profile examines Lavazza and assesses how it has responded to the challenging operating environment in 2022 through a strategy focused on premiumisation and experience, among other factors. It looks at the performance in key…

After a demand spike in 2020, when COVID-19 hit Western Europe, followed by further growth in 2021, with some restrictions still in place, the return to near normality in 2022 has seen tea sales decline slightly. However, they remain well above…

This briefing examines juice in Western Europe. It looks at the various factors that affect the category, as well as looking at recent examples of innovation and related consumer trends. It assesses the positioning and performance of different…

PepsiCo is the global leader in snacks. Its strong presence in savoury snacks and wide offer of local flavours have supported growth. The recovery of on-the-go consumption has had a positive impact on retail sales, and the company has innovated with…

Protein is becoming increasingly sought after due to its health benefits; with higher protein consumption being linked to overall well-being. This report explores how a growing number of manufacturers are including protein in products that are…

Laundry care continued to record positive, if relatively modest, growth in 2022. Liquid detergents are generally taking sales from powder detergents across the region, with liquid tablet detergents the most dynamic category in most countries. While…

After surface care sales spiked in Latin America in 2020 due to the pandemic, growth slowed in 2021, before slipping into decline in 2022, albeit remaining at higher levels than pre-pandemic. Industry players, retailers and consumers are now…

The growth in metal packaging volume sales in Western Europe continues, despite the unusual spike a few pack types faced during the pandemic, such as metal beverage cans in beer and carbonates. The outlook is also positive, with convenience,…

The travel industry is enjoying a robust recovery from the pandemic, but major issues, such as inflation, have begun to threaten that recovery. To address these issues, travel companies have remodelled loyalty programmes and are promoting…