The health and wellness industry grew by 7% in current retail value in 2012 (fixed exchange rates), equivalent to US$43 billion. Products offering specific health benefits, such as fortified/functional (FF), drove value sales, with rates above 7% (over 4% in constant terms). Energy drink giant Red Bull demonstrated a spectacular performance, as the brand added US$1 billion in new sales that year. Growth was fuelled further by increased demand for FF milk formula and pro/prebiotic yoghurt.
The eating-at-home business has surged in the last years, offering more options for consumers. This includes meal delivery, ready meals, home-cooked food, and…
View ReportPersonalisation’s appeal is intensifying as modern consumers demand greater convenience and efficiency. Increasing awareness of the importance of nutrition for…
View ReportAs consumers consider and preplan their snack purchases more in lieu of economic challenges, anchoring innovations around consumer routines and need states has…
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