Mintel in the Media – this week’s highlights

January 22, 2014
11 min read

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 weeks include:

UK

Financial Times: Cameron move on problem gambling blunts Labour attack: The electronic machines located inside gambling shops are a cash cow for the UK industry, accounting for about £1.6bn of its £3bn in-store revenues, according to research group Mintel.

Reuters: Suited and booted, London chases global menswear crown: Market research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion) in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Reuters: Ethical fashion brands target mass marketWhile the rapid rise of fashion discounter Primark might suggest otherwise, recent market research by Mintel shows consumers seek quality over price when shopping for clothes in Britain, France, Germany, Italy and Spain.

The Times: Bubble bursts for chewing gum sales: “It really is struggling as a sector” Emma Clifford, from the market researchers Mintel said.

CNBC: eBay-backed Indian retailer joins delivery battle: “There is a still lot of emphasis on using paper money. People are reluctant about using their cards online. It is very different than buying something in the shop as you pay for the item before you get it and people are suspicious of this,” Neha Nayak, trend and innovation consultant at Mintel told CNBC in a phone interview.

ITV: Ed Miliband to call for ‘Big Five’ banks to sell branchesThe five biggest banks in the UK dominate the domestic market, with an 87% market share between them in 2012, according to Mintel data reported in the Financial Times.

The Guardian: Have kitchen gadgets become status symbols?: Market researchers Mintel found earlier this year that 20% of us have ditched our kitchen kettles in favour of coffee machines.

The Guardian: Share hit as PM vows to act on bet machines: They account for around £1.6bn of the industry’s in-store takings of £3bn, according to research group Mintel.

Sky News: M&S Christmas Clothing Sales Fall 2.1%Richard Perks, Director of Retail Research at Mintel, interviewed on M&S Christmas sales results.

BBC 1, BBC 1 East, BBC 1 East Midlands, BBC 1 London, BBC Radio 5 Live, Channel 5 News, BBC NI, BBC 1 Wales, BBC 1 Scotland:  Richard Perks, Director of Retail Research at Mintel, interviewed on M&S Christmas sales results.

Marketing: What lies ahead? The UK’s top marketers reveal their predictions for 2014“We’re going to see consumers looking for greater privacy – but also greater functionality – from their data, as they bid to take further control of it to help them streamline their lives and better analyse themselves,” says Richard Cope, director of trends at market research firm Mintel. “All of this is raising discussion about data privacy, but also its value and usability.”

Metro: The 5 health and fitness trends you need to know for 2014: ‘In late 2014, new EU food and drink labelling legislation will see drinks containing more than 150mg of caffeine per litre having to change the labelling to show a more explicit warning,’ says Mintel’s Richard Cope.

Metro: Hot Trend: Posh Porridge: Half of Britons eat porridge regularly, say market researchers Mintel, and it’s not hard to see why.

Metro: London Collections: Men has been reassuringly normalAccording to market research company Mintel, it’s now worth £10.4billion in the UK.

Yahoo! News UK & Ireland: Ethical fashion brands target mass marketWhile the rapid rise of fashion discounter Primark might suggest otherwise, recent market research by Mintel shows consumers seek quality over price when shopping for clothes in Britain, France, Germany, Italy and Spain.

Yahoo! News UK & Ireland: Female tailor cuts a dash on Savile Row: “The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

Yahoo!: Suited and booted, London chases global menswear crown: Market research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion) in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

The Grocer: Sugar and aspartame fears set to fuel stevia growth“Much of the growth in the global sweeteners market is set to be driven by growing consumer concerns over sugar intake, whilst the development of more plant-derived sweeteners is also anticipated to benefit the market,” said Mintel Food Science Analyst Laura Jones.

EMEA

Portalspozywczy (Poland): Rośnie spożycie sosów mokrych w Polsce: Zwalniająca, polska gospodarka miała niewielki wpływ w 2012 r. jeśli chodzi o popyt na sprzedaż produktów spożywczych takich jak sosy warzywne dodawane np. do makaronów – wynika z raportu firmy Mintel.

portalspozywczy (Poland)Mintel wchodzi do Polski. Planuje ekspansję w badaniach konsumenckich (Mintel enter into Polish. Planned expansion in consumer researchFirma badawcza Mintel planuje ekspansję w dziedzinie badań konsumenckich i trendów w Polsce.

Trade Arabia (Bahrain): Suited and booted, London chases menswear crownMarket research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion)in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Gulf News (United Arab Emirates): Suited and booted, London chases menswear crownMarket research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion) in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Khaleej Times (United Arab Emirates): Female tailor cuts a dash on Savile Row: But while the mass menswear market is booming in Britain — market analysts Mintel suggest growth of 12 percent in the past five years — the future of the top end is less clear. “The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

Arab News (Saudi Arabia): Female tailor cuts a dash on Savile Row: “The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

Food Stuff South Africa: Mintel releases American consumer trends for 2014: Chicago-based market intelligence firm Mintel has released its key four consumer trends that it believes will impact consumers in 2014.

US

Time Magazine: How companies trick you into thinking you’re buying a premium product: It’s called the “democratization of luxury,” according to research firm Mintel, and it’s subtly stealing pennies from your pocket.

Wall Street Journal: Startup HiLine brews competition with its single serve coffee pods: As the market for single-serve coffee grows, to about $3.1 billion last year, tripling over 2011 sales in the U.S., according to research company Mintel Group, so does competition among suppliers.

CNBC: Ice cream sandwiches, pooled tipping: The new dining out? Bethany Wall, a U.S.-based food service analyst at Mintel Research, agreed that technology was a key factor in the restaurant business in 2014. “We see technology playing an increasingly important role with consumers, providing an experience beyond standard operational efficiencies,” she told CNBC via email. “Technology is being used more and more to connect consumers with brands in new ways to make their lives better. This spans from QR codes on kids menus that lead to additional stories and games accessible via smartphone, as well as brands using tech to create health and wellness challenges.”

Christian Science Monitor: Girl Scouts and fans embrace tech to make cookie season sweeter: “The Girl Scouts generated cookie sales of roughly $785 million in the first quarter of 2012, according to the Mintel consumer research firm, which estimates a similar showing this year.”

Al Jazeera America: More than one way to ditch meat (even temporarily): According to the research firm Mintel, the market for meat alternatives earned $553 million in 2012 alone.

Seattle Times: Seattle’s Best Coffee introducing K-cups, instant: Unlike the single-serve brewing category, instant coffee has been a lackluster market, cannibalized by a growing appetite among consumers for single-serve brewing systems and specialty roasts, according to market-research firm Mintel.

Colloquy: Live from the National Retail Federation : the coolest new products and why: Lynn Dornblaser, director of innovation and insight at Mintel Group, shared some of these new products, in the context of three major trends, at National Retail Federation’s Big Show in New York. All trends speak to the increased demand, creation and use of data by consumers, but also the opportunities it presents merchants.

Food Navigator USA: Sugar concerns spark market gains for sweeteners: The market for high intensity sweeteners is growing rapidly, with plant-derived stevia providing the fastest growth, according to a new report from Mintel and Leatherhead Food research.

Food Technology: Plant-based sweeteners continue to steal market share: A new report from Mintel and Leatherhead Food Research highlights the opportunity for such plant-based sweeteners.

Packaging World: New plant feeds growing Greek yogurt trend:  Bringing innovation to a stagnant category, Greek yogurt has become hugely popular among those consumers trying to lead a healthier lifestyle, with its low-fat, low-carb, and high-protein content. However, the biggest driver of consumer sales, at 58%, is taste, reports Mintel.

Confectionery News: North American cocoa grind up 4% but health concerns might soon bite. Mintel’s director of insight Marcia Mogelonsky told ConfectioneryNews the numbers–an indicator of consumer demand for chocolate in the region–were a positive sign for the US market.

APAC

Reuters (India): Suited and booted, London chases global menswear crownMarket research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion) in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Bangkok Post (Thailand): Female tailor cuts a dash on Savile Row: “The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

The Japan Times: London sets out to be the capital of menswear: Market research company Mintel estimates that the sector is worth £10.4 billion ($17 billion), and has grown by 12 percent over the last five years. Such growth is expected to continue until 2017, with a rise of 11 percent predicted.

Australian Food News: Craft beer moving into the UK mainstream?: Following the introduction in the UK of the Small Breweries’ Relief Act in June 2002, there has been a boom in the number of UK breweries, and many are now moving the craft movement firmly up the consumer agenda according to market research organisation Mintel.

The Malaysian Insider (Malaysia): Female tailor cuts a dash on Savile Row“The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

MSN Malaysia (Malaysia): Female tailor cuts a dash on Savile Row“The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

Xin Msn (Singapore): Female tailor cuts a dash on Savile Row“The higher end of the market has been sustained by foreign demand, particularly from China and the Far East,” said Richard Perks, director of retail research at Mintel.

Yahoo! (New Zealand) New Zealand Entertainment: Suited and booted, London chases global menswear crown. Market research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion)in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Yahoo! News Taiwan: Suited and booted, London chases global menswear crown: Market research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion)in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Yahoo! Malaysia Entertainment: Suited and booted, London chases global menswear crown: Market research firm Mintel estimates the men’s fashion market grew by 2 percent to 10.4 billion pounds ($17.1 billion)in 2012, and the market is forecast to grow 16 percent between 2011 and 2016.

Brazil

Cosmética News A divisão de Beleza e Cuidados Pessoais da Mintel prevê Mixologiste      como principal tendência de beleza para 2014O departamento de Beleza e Cuidados Pessoais da Mintel anunciou a tendência chave que vai impactar os consumidores globais de cosméticos em 2014: Mixologiste.

Mundo do MarketingMintel lista quatro tendências para o mercado norte-americano em 2014:  Mintel lista quatro tendências para mercado norte-americano em 2014 São elas internacionalismo, vida simplificada, definição de limite.

Revista FIB: Stevia set to steal intense sweetener market share by 2017A new report from Mintel and Leatherhead Food Research highlights the opportunity for such plant-based sweeteners. Indeed, while the value of stevia as an additive for use in food and beverage manufacture totalled $110 million in 2013, Mintel and Leatherhead Food Research forecasts this to grow to $275.

Valor Econômico: Salário menor dá mais competitividade ao país: “Isso realmente se resume à economia de produção”, disse Richard Perks, analista de Varejo do Mintel Group, em Londres.

 

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