GlobalData

The Indian soups sector is projected to grow from INR7,230.8m (US$102.7m) in 2019 to INR9,023.2m (US$117m) in 2024 at a compound annual growth rate (CAGR) of 4.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Soups – Market...

Increased awareness and information access has led consumers to be cautious of ingredients. According to a survey by GlobalData, 54% of global consumers surveyed noted they pay high or very high attention to what ingredients are in food and...

Following the release of Fast Retailing figures for Q1 FY2020/21; Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: "Fast Retailing’s strong reliance on Asia has allowed it to eFast Retailingxperience an impressive rebound in sales during...

Department store and mall owners have been positive towards ‘digitization’, ‘contactless payments’ and ‘sustainability’ in company filings, with discussions around mobile payments and digital growth having grown in 2020 earnings transcripts compared to 2019, reveals GlobalData, a leading data...

According to a report by daily Mint, Reliance backed Jiomart may be embedded into WhatsApp in six months' time to allow consumers to order on the popular messaging app itself. The Mint report cited two officials aware of the development. Reliance,...

Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that...

Following the release of Primark figures for the 16 weeks ending 2 January 2021; Gemma Boothroyd, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “With 76% of Primark’s global retail fleet currently shuttered in response to COVID-19...

Following the news that Marks & Spencer has bought Jaeger out of administration: Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Though M&S is not expected to retain any of Jaeger’s...

Indonesia is a promising e-commerce market in Asia-Pacific, with several local and global players competing in the market. Rising Internet penetration, increasing digitalization and the proliferation of websites have been driving e-commerce growth. The COVID-19 pandemic has further accelerated...

Burger King’s expansion of Vegetarian Butcher patties in Latin America, China and the Caribbean shows that Unilever is serious about its aims to reach €1bn ($1.2bn) in plant-based sales. Burger King will supply Unilever’s Whopper patties in several developing...