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
The Times: For richer, for poorer — but wealthy have more choice: Richard Cope, of the market research company Mintel, which carried out the survey, said: “The fact that our research shows that money is equated with success in love is interesting because more of us are paying for dating services that promise to help us find it.
The Daily Telegraph : Three reasons why money matters in love: Richard Cope, senior trends analyst at Mintel, says the trend may reflect social mobility. “People with a higher income have more opportunities in life. They make more connections, whether that’s through jobs, whether from places, at home or abroad.
Reuters: Money can’t buy you love. Or can it? Interview to Richard Cope on the latest research by Mintel on British consumers’ attitudes towards love and Valentine’s Day.
BBC Radio Leicester: Research by Mintel today suggested the higher the income the more likely to have found love often.
The Daily Mail: Money CAN buy you love (if you earn £50k): Study suggests the higher your income the more likely you are to have found someone. The research by retail analysts Mintel also found that those with an income of over £50,000 were most likely to have fallen in love five times or more during their lifetime.
Scottish Daily Mail: Money can buy you love (if you earn £50k): The research by retail analysts Mintel also found that those with an income of over £50,000 were most likely to have fallen in love five times or more during their lifetime.
This is Money: One in seven put off divorce or separation because of financial worries – and a third see bills rise after a break up. Richard Cope, an analyst at Mintel, said: ‘The fact that money is equated with success in love is interesting because more of us are paying for dating services that promise to help us find it. Quite simply more money may equate to more social opportunities … and as a result more partners.’
Daily Express: Well-heeled are luckier in love: Analyst Richard Cope, of market research company Mintel, said: “Quite simply more money may equate to more social opportunities and as a result more partners.”
Reuters: Mild winter slows sales growth at IPO candidate Zalando: “We expect growth in online sales of clothing and footwear to outperform the overall e-commerce market in 2014,” said Mintel retail analyst John Mercer.
Reuters: NZ lamb goes to pot in China, giving fast-food chains plenty to chew over: A Mintel survey of 3,000 people in December found that almost two-thirds of respondents ate at least once a month at hot pot restaurants. Food safety scandals in China have also made meat imports from countries like New Zealand and Australia more attractive.
Bloomberg Businessweek: I’ll have a beer neat: “You’ve told us for 20 years that butter is bad,” says Mintel Group analyst David Turner,”and now you are putting it back in your margarine?”.
Financial Times: Coffee connoisseurs boost high-end market: “Trendy coffee baristas and independent coffee bars are influencing what people drink,” says Jonny Forsyth, analyst at Mintel, the consumer research firm.
BBC Mundo: Con qué reemplazar el azúcar en nuestras comidas y bebidas: La Unión Europea aprobó una ley en 2011 permitiendo el uso de stevia en comidas y bebidas y entre 2008 y 2012 se produjo un aumento de 400% en productos con stevia a nivel global, según la consultora Mintel.
BBC News: There are nearly 9000 betting shops in Britain and they provide work for 40,000 people. According to Mintel, around 3% of the population are regular customers.
BBC Radio: Interview to Amy Price, Food and Drinks Analyst at Mintel, on ready meals.
The Guardian: eBay in the UK expands its baby and toddler category: According to Mintel UK, the baby market in the UK is currently worth £3.6bn. Photograph: Alamy.
The Guardian: The joy of cheques: six reasons why they’re better than online banking: According to market research group Mintel, this online banking fad is here to stay and chequebooks could soon be extinct. Which is a disaster. Here are six things you can only do with a cheque.
China Daily Europe: NZ lamb goes to pot in China: A Mintel survey of 3,000 people in December found that almost two-thirds of respondents ate at least once a month at hot pot restaurants. Food safety scandals in China have also made meat imports from countries like New Zealand and Australia more attractive.
The Daily Mail: ‘I’m terrified of losing my looks’: Samantha Brick famously wrote about the perils of being beautiful, but now she has something to worsen her worry lines… ageing: According to a 2010 Mintel report, French women spend approximately 2.2 billion euro (around £1.8 billion) a year on facial skincare – as much as British and Italian women put together.
The Daily Mail: Lynda looks fab – but to be honest, most women CAN’T carry off grey hair. By LINDA KELSEY, who tried and failed to ditch the dye: The home hair-colouring market was worth £350 million in 2013 say researchers Mintel, with about half of products used by the 40-60 age group — a spend 4.5 per cent up on 2012.
APAC
CCTV News (China): Research shows money can buy you love. “I think there’s a connection with social mobility, social opportunity. I think people in the top income bracket may travel more, they may work in lots of different places. I think they make more connections during their lifetime. So it affords them more opportunity to meet different partners.” said Richard Cope, Senior Trends Consultant, Mintel.
Sina English (China): NZ lamb goes to pot in China: A Mintel survey of 3,000 people in December found that almost two-thirds of respondents ate at least once a month at hot pot restaurants.
Reuters India: NZ lamb goes to pot in China: A Mintel survey of 3,000 people in December found that almost two-thirds of respondents ate at least once a month at hot pot restaurants.
Economic Times (India): Times of India Publications Marico Forays into Hair Colour Space with Livon: A study by research firm Mintel indicates that India could be a ‘star performer’ in the hair colour market.
Business Today (India): Business Today: Mintel says the market grew 30.7 per cent by volume in 2012 and will keep expanding at a CAGR of 18.9 per cent till 2017 when there will be 129.1 million visitors.
The Australian: Cool cuts: According to a recent report by consulting firm Mintel, global luxury menswear sales are expected to reach a record 13 per cent increase of $18 billion in 2016 compared with $15.9bn in 2012.
Asia Food Journal: Trends Shaping Asia’s Food Sector in 2014: New product launches with ‘added fibre’ claims increased in 2013, according to Mintel.
Inside Retail Asia: Five key consumer trends in 2014: The demand for instant gratification will continue to drive consumers in 2014. Mintel sees a perpetuated cycle emerging in which consumers want faster solutions to their problems, resulting in technology that answers those problems – only to lead to a demand for even faster solutions.
EMEA
Der Westen (Germany): Immer mehr Männer unterziehen sich einer Schönheitsoperation (More and more men are undergoing plastic surgery): More and more men are undergoing plastic surgery. Es spricht vieles dafür, dass Männern ihr Aussehen immer wichtiger wird: Sie gaben laut einer Studie des britischen Forschungsinstituts Mintel in den letzten Jahren rund 420 Millionen Euro für Pflegeprodukte aus – fast doppelt so viel wie in den Vorjahren.
Portalspozywczy (Poland): Mintel: Polska to kraj o dużym potencjale sprzedaży alkoholi premium, głównie whisky: Może być też platformą do rozwoju sprzedaży na rynkach Europy Wschodniej i koncerny alkoholowe mające obecnie drugorzędną pozycję na rynkach światowych mają szanse zdominować te rynki w ciągu najbliższych kilku lat – oceniają analitycy firmy Mintel.
NSMBL (Netherlands): RESEARCH: ‘HOE HOGER JE INKOMEN, DES TE MEER KANS OP LIEFDE’: Richard Cope, van Mintel: “Connectivity has increased our availability, whilst taboos are breaking down. Among the young, celebrity culture has made whirlwind romances something to aspire to, and break-ups nothing to be ashamed of.”
TVI (Portugal): Estudo conclui que o dinheiro pode mesmo comprar amor. Mintel Research also related the fact that people with salary greater at 50 000 pounds a year will have a high probability of falling in love five or more times during their lifetime.
Novinky (Czech Republic): Beatles se mýlili, peníze vám můžou koupit lásku. “Simply, more money can equal more social chances and thus result in more partners, “said Richard Cope working as an analyst in the firm Mintel, which carried out the research.
Distribucion Actualidad (Spain): Retailers en la era multitasking: Entramos en una era mucho más competitiva entre la venta online y el establecimiento fisico. Pero, según observa Ann Mack, directora de tendencias de JWT, en la medida que crezca la dependencia en la tecnología, crecerá la necesidad del consumidor por desconectar temporalmente. Es aquí donde el punto de venta tiene la última palabra. Ténganlo en cuenta. Como dice un reciente estudio de Mintel, en caso contrario, prepárense para lo peor.
The Paypers (Netherlands): 38 % of British people are interested in m-payments -report: According to a research by Mintel, a UK-based market research firm, young people and Londoners are leading the way in adopting cashless payments in the UK.
Cosmetic Design Europe: Mintel identifies 2014’s trends for the Asia Pacific consumer: An increase in technology, safety concerns and value are top of the trend list when it comes to consumers in Asia Pacific according to new research from Mintel.
The National (United Arab Emirates): Dedicated followers of fashion: According to the market research agency Mintel, the UK menswear market has grown by 12 per cent in the past five years and is worth £10.4 billion. Mintel believes the market will maintain this growth and rise by 11 per cent between 2012 and 2017.
US
Advertising Age: Food brands try to wake up sales with new ‘energy’ appeals. The energy appeals are driven by changing consumer attitudes, said Amanda Topper, a food industry analyst with market researcher Mintel. Rather than looking for a “one-and-done quick energy fix like you might get with an energy drink” more consumers are seeking “sustained energy, specifically from protein and fiber content from foods,” she said.
Crain’s Chicago Business: Quaker, other food brands try to wake up sales with ‘energy’ appeals. Mintel predicted that hot cereal will continue to grow, fueled by its “perceived health benefits and innovations catered to Americans’ taste and nutrition preferences.” The cold-cereal segment is much larger, but it has struggled to compete with new breakfast options such as yogurt. Category sales fell by 0.7% from 2011 to 2013 ending at $10.1 billion, according to Mintel.
Yahoo! Finance: 2014 balance transfer survey: beware combo deals, two-tier fees. “Balance transfer offers were on the rise in the first couple of years post-recession, and they’ve stayed constant since then,” says Lisa Hronek, a credit card industry analyst for Mintel. “The industry has found something that’s working.”
Yahoo! Small Business: Bringing down the borders: consumers connections with other countries is heightening due to technology. According to Mintel’s recent consumer trends report, 47% of US adults are excited by the idea of traveling abroad.
Barron’s: Love is in the air—chocolate dreams. Meanwhile, the $20 billion U.S. chocolate-confection market, which is dominated by Hershey (ticker: HSY) and closely held Mars, is growing at a low, single-digit pace, according to Mintel, a market-research firm.
Prevention Magazine: The false advertising agency: how we got dupted into ‘natural.’ A survey last year by Mintel, another market research company, found 51% of Americans seek out “all natural” when food shopping.
American Banker: Raj Date’s firm to launch subprime credit card. The volume of direct mail marketing for cards with a fee and no rewards fell by 85% between the fourth quarter of 2007 and the fourth quarter of last year, according to data from Mintel Comperemedia.
Food Navigator USA: Food trucks, nuanced ethnic flavors make their mark on breakfast. In its 2013 Food Trucks, US report, Mintel shows that Millennials are the driving force behind food truck sales, which explains in part their tendency to locate where Millennials congregate.
MediaPost Marketing Daily: High-end beauty sales up, mass products struggling. In its forecast for beauty and personal care products, market researcher Mintel points out that the lines between beauty technology are becoming increasingly blurry, with overlaps between skincare, hair care and color cosmetics.
Creditcards.com: 2014 balance transfer survey: beware combo deals, two-tier fees. “Balance transfer offers were on the rise in the first couple of years post-recession, and they’ve stayed constant since then,” says Lisa Hronek, a credit card industry analyst for Mintel. “The industry has found something that’s working.”
Beauty Packaging: Spritz to dream? Shannon Romanowski, beauty and personal care analyst at Mintel, says: “A search of popular fragrance blogs also reveals that it’s not an uncommon practice for people to spray themselves or their bed linens with fragrance prior to going to bed. There could be a variety of reasons that people spritz themselves with fragrance before bedtime, but helping to decompress before sleeping is definitely a key objective.
