Mintel in the Media – This week’s highlights

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 & Ireland

The Daily Telegraph: One in six eat chocolate daily. As we all tuck into our chocolate eggs this weekend, new research has revealed that nearly one in six people eat chocolate every day. This statistic equates to approximately eight million, while 17 per cent of the population eat chocolate four to six times a week, the consumer analyst Mintel found.

CNBC: Alcohol firms drown sorrows as shares tumble. According to Jonny Forsyth, drinks analyst at market research firm Mintel, Diageo is well-placed to be successful in India. He added that the short-term hit to drinks companies would be offset by long-term growth.

CNBC: China slowdown having ‘big impact’ on drink-makers: Pro. Jonny Forsyth, global drinks analyst at Mintel, says China has been a “cash cow” for drink-makers, but the slowdown is having a big impact on sales.

ITV: Virgin Money says there’s no such thing as free banking and competition isn’t working in our interests. The “Big 6”, in this instance, are Lloyds Banking Group, Royal Bank of Scotland, HSBC, Barclays, Santander and Nationwide. Chances are you have a current account with one of them. According to Mintel, they have 95% of the market.

Channel 4- Shop Secrets: Tricks of the Trade. Broadcast. Last year we spent #5.5 billion on locally sourced food. But market researchers at Mintel expect this to rise to 6.5 billion in 2017.

The Times: When it comes to building a business, it pays to have your eyes on the prize. Mintel forecasts that the British sunglasses market will grow by 25% between 2012 and 2017 to reach £361 million. Tamara Sender, a fashion and clothing analyst at the market researcher, said that despite the modern age of austerity, premium ranges were performing well.

The Times: Mates runs out of friends with sales at a premium. Britons spend £71 million a year on condoms, according to a 2013 study by Mintel.

Yahoo! Finance: China slowdown having ‘big impact’ on drink-makers: Pro: Jonny Forsyth, global drinks analyst at Mintel, says China has been a “cash cow” for drink-makers, but the slowdown is having a big impact on sales.

Which? Calls for current account market inquiry. The latest Mintel data (July 2013) showed that the big six banking groups hold around 94% of the current account market and while it’s good to see new banks entering the market, it’s still too early to say if they can seriously challenge the biggest players.

Daily Mail: Watermelon wine, anyone? Sweeter, fruit-flavoured plonk set to be best-seller among younger drinkers following success of infused ciders and beer. Chris Wisson, of market analysts Mintel said that fruit-style wines have proved popular in France and the potential in the UK was ‘huge.’

The Drink Business: Sangria tipped for Millennial success. Sangria has been tipped for international success with Millennials expected to lead a trend for sweet, fruity wines, according to research by Mintel.

Harpers: Mintel tips Sangria for global success. Sangria is set for international success, due to its combination of sweet fruity flavours, the mix of wine and brandy and its social history, according to research from Mintel.

AOL Money: New M&S fish and chip… pie! Pies are big business in the UK. According to Mintel, we eat about £1 billion worth of pies a year – making them our favourite pastry-based snack.

Independent.ie: Smoker hurt after e-cig explodes. Smokers are increasingly turning to e-cigarettes to beat the habit, with the market for the smoking aids reaching an estimated £193 million last year, according to analyst Mintel.

Daily Star: A nation of chocolate lovers. Londoners were found to eat the most chocolate in a poll by  market research group Mintel.

Mirror: E-cigarette EXPLODES while on charge causing flat fire that put woman in hospital. Smokers are increasingly turning to e-cigarettes to beat the habit, with the market for the smoking aids.

US

Bloomberg Businessweek: Butter’s comeback churns big sales. One quarter of consumers indicated in a Mintel survey that they’re eating more butter this year than last, compared to 13 percent who said they were eating more margarine. And margarine usually costs less than butter.

Bloomberg Businessweek: Business is booming. Sales of lawn and garden products plunged during the depths of the recession, in 2009-2010, according to the Mintel Group, a London-based international market research firm, as people put the brakes on discretionary spending.

MarketWatch: Why Chipotle customers will eat higher prices. What’s more, Chipotle’s “Food with Integrity” campaign has particularly resonated with younger customers who place a high value on ethical issues, says Julia Gallo-Torres, U.S. food service category manager at research firm Mintel. “Brands like Chipotle that tout better treatment of animals and workers and focus on a local and safe supply chain will continue to gain the attention and trust of younger consumers,” Gallo-Torres says. And that’s a safe target market, given that an average of 20% of Millennials say they plan to eat out more in 2014 than they did in 2013, compared with 12% for all ages, according to a recent survey by Mintel.

Huffington Post: Gluten-free foods on the rise on menus, organic fading. “The reality is that organic foods are quite expensive and consumers are looking for alternative claims to help them determine what other types of menu items are safe and of good quality to eat,” said report spokesperson Julia Gallo-Torres.

LA Weekly: Meet the Latinos driving L.A.’s craft beer revolution. According to a December 2013 beer-trends survey from Mintel, which breaks down consumer behaviors by ethnicity, Hispanics consume more alcohol than any other respondents. However, the study found, craft beer remains a small, albeit growing, segment of that intake.

San Francisco Chronicle: Walmart’s organic push could alter California agriculture. In 2012, Mintel, a global market research firm, found that consumer demand for organic fruit products declined 58 percent between 2008 and 2011; demand for organic vegetable products declined 77 percent. More than half of the people the firm polled said it was more important to buy local products than organic ones.

Detroit Free Press: Teenie-weenie afro helping to broaden standards of beauty. “For a lot of black women, hair is an accessory, but they’re also looking for validation,” said Tonya Roberts, who studies multicultural trends at the Chicago office of market researcher Mintel. “When things become acceptable to society, it’s a wink to (the black community) that it’s OK — especially if the question is: Will I be able to get a job with this hairstyle? Will my coworkers or family members accept me?”

Minneapolis Star-Tribune: Butter’s comeback churns big sales. One quarter of consumers indicated in a Mintel survey that they’re eating more butter this year than last, compared to 13 percent who said they were eating more margarine. And margarine usually costs less than butter.

Democrat & Chronicle: New Genny CEO hopes to pull tab on growth. he traditional beer giants are seeing sales eaten away by everything from the craft beer boom to flavored vodkas and hard ciders — according to market research firm Mintel, there were more new wine product launches in 2013 than all alcoholic product launches combined in 2009.

The Tennessean: Nashville firm aims wearable tech at blue-collar crowd. The wearable technology market is likely to takeoff first within industries and their specific needs, according to Bryant Harland, a technology analyst for Mintel in Chicago. “Right now the market is actually fairly small,” Harland said. “(On the consumer side,) not everyone is sure what they are supposed to do with all these products yet, whereas for companies that can really identify a specific use case and solve a problem, they can build the interest.”

FoodNavigator-USA: Room for innovation, expansion in nut butter & sweet spreads: Mintel analyst. “Tweaking the variety of flavors and bases is keeping this pantry staple fresh adn ever-changing,” Mintel food analyst and author of the report , Amanda Topper told FoodNavigator-USA.

Brazil

Varejo e Negócios: Sopas. A categoria de sopas processadas ainda é consumida com baixa frequencia pelos brasileiros, como afirma o analista senior de alimentos da empresa de pesquisas Mintel, Jean Manuel Goncalves.

Mundo do Marketing: Novos hábitos transformam indústria e varejo de Alimentação O consumo crescente de alimentos portáteis é uma realidade com a qual as empresas do setor também devem ter atenção. Segundo a base global de novos produtos da Mintel, o número de lançamentos nos segmentos de comida e bebida com esse apelo teve aumento de quase 57% no Brasil, de 2011 para 2012.

Atualidade Cosmética: Rosto Conhecido. Estudo da Mintel mostra a importância de se ter conhecimento a respeito do perfil do consumidor de cada canal, para que as empresas que atuam com produtos para o rosto possam aumentar suas vendas.

Packing Cosmetica: De olho no que pode virar. Mintel apresenta o que esperar da indústria de embalagem dentro do mercado de beleza em 2014.

Ingredientes e Tecnologia: Nutraceuticals.Com a rica diversidade da floresta amazonica, os formuladores brasileiros estao usando um numero crescente de oleos botanicos e manteigas em seus tratamentos de cabelo.

EMEA

La Repubblica (Italy): Profumi di primavera dai gusti esotici. Lo chiamano World Cup. Ma più del calcio in sé, è la location dei Mondiali di Calcio (dal 12 giugno al 13 luglio) ad accendere gli entusiasmi. Il Brasile trainerà uno dei più importanti consumi del 2014 (indagine Mintel).

Drinks Business (France): Tequila embraces bling. Mintel’s Jonny Forsyth investigates the astonishing rise of ultra premium Tequila in the US and how P.Diddy threatens to turn it into the new Scotch.

Confectionery News (France): Cocoa grind up but will chocolate prices grind consumers down? Marcia Mogelonsky, Director of Insight at Mintel, said that the rise was not a huge amount but still demonstrated growth in the US market.

APAC

The Financial Express (India): Sagging Spirits. According to a CNBC report quoting market research firm Mintel, the liquor makers are readying to raise a toast to India’s next government which they hope will bring down tariffs on imports, giving a leg up to their premium.

The Canberra Times (Australia): Cashing in on Catherine: online sellers make a profit from the Duchess. Catherine, Duchess of Cambridge, may be worth $2 billion to the UK fashion retail industry according to consumer analysts Mintel, but the “Replikate” phenomenon is lining the pockets of many enterprising eBay users around the world.

Yahoo!7 Finance (Australia): Alcohol firms drown sorrows as shares tumble. According to Jonny Forsyth, drinks analyst at market research firm Mintel, Diageo is well-placed to be successful in India. He added that the short-term hit to drinks companies would be offset by long-term growth.

慧聪网  (China): 葡萄酒“个人消费元年”-葡萄酒-食品工业行业-hc360慧聪网 . 英敏特调查公司提供的数据显示,中国国内2013年里,包括团购在内的非零售市场渠道的销量已经下跌了10%,而零售市场则逆市上扬,取得6.2%的增长。这说明中国葡萄酒市场.

China Daily: Underwear on the up. “The market for sophisticated underwear products in China is quite nascent,” says Matthew Crabbe, director of Asia Pacific Research at Mintel.