14 Jun 22 | CET: 08:00 AM -
15 Jun 22 | CET: 04:40 PM
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At this year's Interzoo, the biggest trade fair for the pet industry worldwide, which took place in Nuremberg in May, there were, as always, many new and innovative products and ideas for the pet market to marvel at. Here, we look at the key trends shaping the pet industry.
Social occasions and travel have made a comeback, boosting the recovery of fragrances, colour cosmetics and sun care in Western Europe. But inflation is now in the mix, and consumers want their beauty products to do more. New trends (hint: multifunctionality) are emerging in the region as pandemic-related changes subside. What are consumers looking for in their personal care products today and where are they buying them? Listen in to find out.
With staple foods continuing to see inflationary pressure due to a number of cost-push and demand-pull drivers, monitoring these categories and their changing daily prices is paramount for staying ahead of the competition. Using Via, Euromonitor International’s e-commerce tracking tool, prices for stock keeping units (SKUs) by product categories and leading players can be easily tracked and compared.
Staple foods have come under intense pressure from inflation in recent times, and the drivers show no immediate signs of easing. While costs were already rising across the board, Russia’s invasion of Ukraine and the resulting impact on the world’s wheat supply has meant costs have soared for producers and prices have surged on-shelf for consumers.
According to Euromonitor’s latest research on alcoholic drinks, the UK is showing a clear trend towards domestic products with a distinctive, modern heritage and premium cachet. Anna Ward explores this burgeoning trend, and asks how sustainable it is, given the cost of living crisis and rising inflation.
In this forum, we will try to analyze what opportunities and challenges Korean food and beverage companies can find in the ESG wind. We look forward to your interest and participation in the discussion that will be held with the best experts in Korea.
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