Consumer concerns surrounding health issues such as obesity are giving the confectionery markets a challenging time in the EU, where sales of sugar and gum confectionery have remained stagnant over the past four years (2008-2011), from €8.6 billion in 2008 to an estimated €8.9billion in 2011. According to global market research company Mintel’s latest research, sales declined the most in mature markets such as Germany, which despite remaining the largest market in Europe has seen sales drop... ...Read more »
One of the world’s largest accountancy and business consultancy firms, Grant Thornton, today published its annual international business report on the food and beverage industry. The report highlights several key trends and predictions for Australia, including the strength of the Australian supermarket duopoly and the problems posed by their private label business. In the report, ‘Managing through uncertainty: Food and beverage industry in transition’, Grant Thornton’s Industry Leader... ...Read more »
International research body, Innova Market Insights, has identified five key trends that it claims will impact the Australian food and beverage market through 2012 and beyond. According to Innova, the top trends for 2012 relate purity, authenticity and sustainability, as consumers continue to look for products with added value, despite the ongoing economic uncertainty. Innova’s top five trends are as follows: ‘Pure’ is the new ‘natural’: Natural products are becoming the rule rather... ...Read more »
Australian supermarket shoppers rank Aldi as top in providing customer satisfaction out of all the Australian supermarkets. This is according to the latest survey findings from the Australian market research company Roy Morgan. Roy Morgan’s ‘Supermarket Satisfaction Report’, released today, surveyed around 55,000 consumers in Australia in the six months to September 2011. Among Aldi customers, 92.5 per cent said they were “completely” or “somewhat” satisfied with the supermarket. 87.5... ...Read more »
Market research organisation IBISWorld has predicted that A$9.8 billion will be spent on food in Australia this Christmas – a timid 3.4 per cent increase spending in 2010. According to IBISWorld, with annual inflation of around 3.3 per cent in Australia, this means that most food retailers will simply be treading water. IBISWorld General Manager (Australia), Ms Karen Dobie said that in 2011, Australian shoppers have been savvy, seeking out the best value for money, the best range and the best... ...Read more »
Research findings published today by market researcher Newspoll suggest that almost half of Australians are ‘supermarket grazers’, who admit helping themselves to free produce while shopping in supermarkets. In Newspoll’s nationwide online survey of 1,214 adults between the ages of 18 and 64, almost half (46 per cent) of respondents said they taste food in the supermarket without paying for it. Younger Australians appeared to be the main culprits with the research suggesting that 18-34 year... ...Read more »
A market report on Australia’s packaged food sector from market research consultancy Euromonitor predicts that ongoing economic uncertainty and weak consumer confidence could provide Australia’s packaged food retailers with enhanced opportunities to grow retail volume sales. Euromonitor’s ‘Packaged Food in Australia’ market report, released yesterday, says the packaged food industry displayed resilience against lowered consumer confidence following the global financial crisis of 2008 and... ...Read more »
The Canadian Government has announced it will reform the way it regulates energy drinks in Canada. Energy drinks are non-alcoholic beverages characterised by the addition of ‘energy enhancing’ ingredients. These may include a number of water-soluble B vitamins, amino acids and other substances, and caffeine. The proposed Canadian legislation includes: A cap on the amount of caffeine that can be included in an energy drink at 180 mg per single serving. In addition to current labels that... ...Read more »
U.S. foodservice research and consulting firm Technomic has published a list of trends it predicts will shape the American restaurant industry in 2012. Based on its own market research, Technomic claimed the following developments will be making news in the U.S. restaurant industry in the coming year: Consumers seek a twist on the familiar: Consumers are in no mood to take risks, but novel flavours still tingle their taste buds, according to Technomic. For example, comfort foods with a twist (gourmet,... ...Read more »
Campbell’s® Select Harvest® soups were ranked the top new food and beverage product of 2009, according to a report released by Information Resources Inc. (IRI). IRI’s annual New Product PacesettersTM report showcases the most innovative and successful new products of the year in the consumer packaged goods industry. According to the IRI report, Campbell’s Select Harvest soups generated $202 million in sales in its first year on the market.This marks the second time in three years... ...Read more »




