World

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…