Chocolate is set to be the next big thing in China, according to Canadean. The market research firm says that, although sugar confectionery remains the largest category in the Chinese market, chocolate is set to be the fastest growing.
While the savoury biscuit market is much smaller than that for sweet biscuits and cookies - and levels of new product activity are generally much lower - the savoury sector has been showing a stronger growth rate in many countries.
Recent Mintel research has shown that 65% of consumers who purchase gluten-free products think they are healthier than their gluten-containing counterparts, and just over a quarter believe they aid weight loss.
The bakery and cereal sector in China is expected to grow by nearly US$15 billion between 2012 and 2017, according to new research from Canadean.
The global medical nutrition market is projected to reach US$40.1 billion by 2018, with huge growth forecast in India in particular. The Indian market itself is expected to reach approximately US$4.2 billion by 2017.
According to new research from Lonergan Research, almost half of Australian adults surveyed have actively tried to reduce their meat consumption, with around one in 10 calling themselves 'flexitarians'.
The global glass packaging market will reach almost US$60 billion by 2019, according to a new report published by Transparency Market Research.
While the beer industry is struggling - like most others - in a financially challenging market, some beer brands are demonstrating excellent growth. According to Canadean, the key to this growth lies in the market.
Despite stereotypes, Australian tastes are swinging away from beer towards wine, figures from the ABS show. Further busting the myth of Australians as a nation of drinkers are figures showing that alcohol consumption overall is declining.
The still wine market in India looks set to outstrip the spirits market, with Canadean predicting it will lead growth in the Indian wine industry at a compounded annual growth rate (CAGR) of 26.2% by value up to 2017.
Not only are beverage consumers looking for new experiences, taste sensations and health promotion from their soft drinks and juices, on a global scale they are also simply wanting more.
Advertising and fast foods is always a controversial topic. Now new research is showing how companies target their juvenile audience in a completely different way to their adult audience and that for children it has little to do with the food.
The Australian sparkling wine category is projected to see the most growth in the wine category to 2017, according to Canadean. The sparkling wine category’s growth rates are set to more than double the sector average over the period.
China looks set to become the world’s biggest consumer of packaged water and is predicted to overtake the US in terms of water consumption by the end of the year, according to a new report by Canadean.
Consumers prefer to buy local, even if it costs more, and buying Australian made matters more to consumers now than it did 12 months ago, according to new research from Roy Morgan, commissioned by the Australian Made Campaign.