Mintel in the Media – this week’s highlights – September 17th 2013

Mintel in the Media is a weekly review, bringing together a selection of the most high profile press stories showcasing Mintel’s data and analysis from around the world. Highlights from the past week include:

UK

The Wall Street Journal Europe: UK Tries Again on Banking Competition. graphic. Market share of UK banks by checking accounts US market. Source: Mintel.

Reuters: Private equity groups take stake in The Coffee Bean & Tea Leaf. Coffee is a staple for U.S. consumers, with over 76 percent reporting they have purchased the beverage in some form in the last month, according to market research firm Mintel.

Sky News: Casual Gaming ‘Most Popular Among Women’. Research by Mintel suggests that 13% of men and 6% of women confess to being “hardcore” gamers who are deeply involved in the gaming culture. Twenty four per cent of men and 15% of women say they are moderate enthusiasts, classified as “regular” gamers.

The Daily Telegraph: Tea drinkers shunning traditional English breakfast. According to figures released last year by research company Mintel, the number of Britons drinking traditional tea fell to 83 per cent in 2012, down from 87 per cent the year before.

The Daily Telegraph: Chewing gum? I’m on a healthy kick. Mintel, the research specialist, said the recent wave of product development and innovation had helped drive the wider market, while price increases have also contributed to higher revenues.

Bloomberg: A culture clash in the yogurt ile. Oikos sales increased 165% in the 12 months through May 2013, according to researcher Mintel Group.

Metro: Casual gamers on puzzle apps like Candy Crush ‘more likely to be women’, study shows. According to the Mintel research, men continue to dominate the ‘hardcore’ and ‘regular’ gaming markets through titles such as Grand Theft Auto and Call Of Duty. But easily accessible games, such as the motion-sensing Wii U and Xbox Kinect and particularly smartphone-based puzzles such as Sudoku, appear to be more popular with the female population.

Yahoo! News UK & Ireland: Casual Gaming ‘Most Popular Among Women’. Research by Mintel suggests that 13% of men and 6% of women confess to being “hardcore” gamers who are deeply involved in the gaming culture. Twenty four per cent of men and 15% of women say they are moderate enthusiasts, classified as “regular” gamers.

Mirror: David Beckham effect gives male grooming product sales boost. The number of products stocked in shops has also grown by 70%, a study by analyst Mintel found.

The Sun: Boom in grooming. Emmanuelle Moeglin of pollsters Mintel said: “Men wanting to look their best look to products specifically targeted at them.”

Evening Standard: Man up! It’s only make-up. Market researcher Mintel has shown that total sales of men’s grooming products are up 3.6 per cent on last year, with 28 per cent of men wearing some kind of lip balm and a further eight per cent making use of anti-ageing products.

London Love Business: Made in Britain: Why UK SMEs are bringing manufacturing back to Blighty. Market researchers Mintel also said back in March that 49% of Brits now believe that British food is better quality, an increase from 40% in 2012. Almost 34% also said that buying British is their number one concern when shopping.

APAC:

China Daily: Something’s brewing in the Chinese beer scene. China has the largest consumption of beer in the world, having reached a record high in 2011 with 50 billion liters of beer consumed, according to a 2012 study by Mintel, an international market research group.

Yahoo!7 Finance (Australia): What’s the Next Kale? How Business Owners Can Capitalize on Food Trends. For those looking to pounce on the next trendy food item, the best advice may be to keep your eyes open and ear to the ground. “What many entrepreneurs don’t realize is we experts often conduct the same research they do to identify the next big food trend,” says Lynn Dornblaser, new products expert at Mintel, a market research company.

South China Morning Post: Why Chinese parents pay more for infant formula. “The forced down-pricing will obviously have a negative impact on revenue gains. This opens potential opportunities for the smaller formula companies to be able to compete with the big ones on a more equal footing,” said David Huang, research manager for China at Mintel.

Business Standard (India): Nail polish industry booming in Britain. The research conducted by market research firm Mintel reveals that the value of the British nail varnish market equalled lipstick sales with both having a market value of 229 million pounds.

Yahoo! News (India): Nail polish industry booming in Britain. The research conducted by market research firm Mintel reveals that the value of the British nail varnish market equalled lipstick sales with both having a market value of 229 million pounds.

MSN News India: Nail polish industry booming in Britain. The research conducted by market research firm Mintel reveals that the value of the British nail varnish market equalled lipstick sales with both having a market value of 229 million pounds.

SPC Asia: Uncharted opportunity. Anjali Rajagopalan, Deputy Regional Manager at Mintel, explains this correlation throgh the ease of access to foreign media via TV and computer.
EMEA:

Die Welt (Germany): Nestlé rätselt über L’Oréal-Anteil: halten, steigern, abstoßen? Eine höhere L’Oréal- Beteiligung könne Nestlé “den Einstieg in eine Reihe neuer Produkte” liefern, sagt Analystin Marcia Mogelonsky vom Marktforscher Mintel in New York im Interview mit Bloomberg News.

The Gulf Today (United Arab Emirates): Retailers look to click and collect online profits. Busy customers often now prefer to collect an order, avoiding a delivery fee, than wait at home. A GMI survey commissioned by Mintel showed 39 per cent of online shoppers in Britain and 33 per cent in France collected goods in-store in the last 12 months. Mintel data shows young, affluent consumers -retailers’ favourites — are most keen on click and collect.

Beverage Daily (France): Nestle launches Nestea ‘water enhancer’ alongside bottled water brands. After coke launched a similar concentrated product, Dasani, last September, and Kraft launched Mio water enhancer in March 2011, we asked Mintel global drinks analyst, Sarah Theodore, what the rationale was for large beverage brands moving into drops.

US

Reuters: What’s the next kale? How business owners can capitalize on food trends? “What many entrepreneurs don’t realize is we experts often conduct the same research they do to identify the next big food trend,” says Lynn Dornblaser, new products expert at Mintel, a market research company.

USA Today: 7-Eleven wants to be your healthy snack store. Some 38% of consumers say they ate “more healthy” snacks last year vs. the year before, reports the research firm Mintel.

Reuters: Private equity groups take stake in The Coffee Bean & Tea Leaf. Coffee is a staple for U.S. consumers, with over 76 percent reporting they have purchased the beverage in some form in the last month, according to market research firm Mintel.

New York Times: Lands’ End ad campaign for dress shirts salutes white collar worker. About 39 percent of men describe what they most often wear to work as “business casual,” followed by 29 percent who describe it as casual (typified by jeans), according a survey by Mintel, a market research firm. Another 20 percent wear a uniform. Only 6 percent usually wear a suit.

Marketwatch: Nasdaq lags as Apple sinks. Radio coverage for Mintel’s Consumers and Debt release – begins at the 41 second mark.

Entrepreneur: Hotel loyalty programs: loyalty not required. A recent study by market research consultancy Mintel found 47 percent of customers were more motivated to join a loyalty program if it offered instant rewards, rather than strictly accrual points.

Sacramento Bee: Wal-Mart vows to ban certain chemicals in cosmetics. A 2009 study by global market research firm Mintel found that sales of natural and organic personal care products increased 18 percent between 2006 and 2008 and continued to grow during the recession, even as consumers chose to treat themselves to small luxuries like cosmetics even as they pulled back on spending elsewhere.