GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Why trust in AI crucial for F&B industry transformation
Some brands are now turning to innovative AI techniques in food creation.
Why trust in AI crucial for F&B industry transformation
Some brands are now turning to innovative AI techniques in food creation.
Three strategies the luxury sector should focus on to boost sales
Gen Zs and tourist shoppers will be crucial for the sector.
3 in 5 Asians are influenced by health benefits when buying food or drinks
62% of Asians are more influenced by the health benefits of products.
Brands leverage Indian consumers’ individualism for Valentine’s Day marketing
Around 3 in 10 consumers buy food and drinks aligned with their personality.
Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase
As a result, functional food products are seeing increasing demand.
How AI reshapes Asia’s foodservice sector
Operational efficiency due to AI use boosts companies’ bottom line.
Why FMGC specialists need loyalty schemes to succeed
Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.
Plant-based products to lead meat substitutes market in India: GlobalData
Nearly two in five of Indians see plant-based items as vital to their religious practice.
Alcoholic beverage brands earn $147.26m from sports sponsorships in APAC
Soccer is the biggest market for sports sponsorships.
Soft drinks industry uses AI for new flavours
AI is also used to optimise the operations of the industry.
Global e-commerce market to reach $9.3t by 2027
E-commerce transactions already hit $5.9t in 2022.
When nostalgia hits: APAC F&B brands bank on ‘throwback marketing’
About 3 in 5 consumers are influenced by how familiar products and services feel.
Alternative payment dominates India’s e-commerce market
The method accounts for almost 60% of the country’s e-commerce transactions.
Shein’s market share rise to 2.2% due to high sales in the UK
It is the 14th largest apparel retailer in 2022, with a 1.7% market share.
Asian food makers expand functional offerings to bakery and savoury snacks
The bakery and cereals market is valued at US$2.4b.
Wearable tech sector revenue to grow $290b by 2030: GlobalData
The industry is set to expand at a compound annual growth rate (CAGR) of 14.3%.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
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Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
