Australia

Growth in off-trade and on-trade value sales of energy drinks is set to remain robust throughout 2023, largely driven by broader inflationary pressures causing increases in unit prices across the category. Energy drinks emerged as one of the…

Despite the stabilisation of decline for a couple of years during the pandemic, concentrates in Australia has experienced a long-term gradual decline in off-trade RTD volume consumption, which is set to recommence in 2023, as the main demographic…

Sugar reduction remains a key strategy in carbonates, as most Australians are growing more health-conscious. The Health Star rating review has benefited sales of reduced sugar carbonates, as the rating system prioritises low sugar levels. Reduced…

Producers of bottled water are contending with higher input costs and supply chain complexities across multiple fronts. Increasing energy prices and transportation costs, supply chain logjams and inflated prices for primary packaging materials have…

Asian speciality drinks, the availability of which was once confined to smaller Asian grocers, have now expanded their presence to the shelves of mainstream grocery retailers in Australia. Historically, this category enjoyed a steady consumer base in…

The global wheat market in 2023 has seen a recovery in supply, following tight global supply and skyrocketing wheat prices in 2022 resulting from the onset of the war in Ukraine. Increased wheat exports from Russia, readjustments of supply chains and…

This analysis explores the trends in the business services industry, assessing its performance in major global economies. It covers essential data such as production metrics, market size, import and export figures, industry expenses, profitability…

In staple foods, noteworthy retail volume and current value growth are expected in 2023, which can be attributed to an increase in the number of people cooking at home due to the rising cost of living. Growth in volume consumption has been coupled…

The strong retail volume and current value growth expected in rice, pasta, and noodles in 2023 overall has been significantly propelled by factors such as temporary immigration flows to Australia, and an increasing preference for home cooking due to…

Processed meat, seafood, and alternatives to meat is set to experience retail current value growth in 2023, driven by increasing volume sales. The rise in demand can be attributed to the trend of cooking at home amongst consumers due to the higher…

Processed fruit and vegetables is set to experience growth in current value terms in 2023, primarily driven by rising unit prices. However, volume consumption is also expected to see a slight increase, due to more people opting to cook at home in…

Amidst economic challenges, breakfast cereals, a traditional morning staple, is set to experience solid retail volume growth and stronger current value growth in 2023, driven by the popularity of such products as a convenient at-home meal option. The…

Baked goods is set to see notable retail volume and current value growth in 2023, driven by increased demand, as Australians have opted to eat at home more frequently due to the rising cost of living. This trend has been further amplified by the…

While tea has been gaining popularity in Australia due to the health and wellness trend, the black tea category, which is dominant in retail volume terms, has not reaped the rewards, experiencing declining demand in 2021 and 2022 in both loose and…

The lingering effects of the COVID-19 pandemic continue to influence the landscape of other hot drinks, driven by Australians spending more time at home compared with pre-pandemic times. This growth in at-home consumption occasions has provided ample…

In 2023, Australia has witnessed a year of normalisation, as its residents settle into their new post-pandemic routines. With the end of restrictions and a reduction in anxiety about infection, Australians are embracing a return to their normal daily…

In 2023, retail volume consumption of coffee is set to see sustained robust growth in Australia, which can be attributed to the preference of Australians for the convenience of remote working, therefore leading to only a slow return to offices.…

In the wake of the pandemic, Australians directed their attention towards creating comfortable and hygienic living spaces. The pandemic period witnessed a surge in sales of high-performance vacuum cleaners. Leading players such as Dyson and Ecovacs…

The growth of sweet spreads in 2023 can be attributed to a shift in consumer behaviour. As the cost of living increases, many Australians are opting to cook and dine at home more frequently. This change is being driven by the need to manage household…

Throughout 2023, the persistent trend of weak demand and significant decline in volume sales, observed since 2022, has continued, as the world gradually returns to pre-pandemic norms. Consumers are shifting their focus away from home-related…