Mintel in the Media – this week's highlights

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

US:

• The Wall Street Journal: The Push for Grown-Up ‘Squeezies’. Kids (and those purchasing their food) have taken to pouches quickly. Last year, about 40% of new baby-food products or flavors came in pouches. In 2007, 2% of new baby-food products or flavors entered the market in a pouch, according to Benjamin Punchard, senior global packaging analyst at Mintel.
• Chicago Buisness Journal: Think agile: Mintel moves to a new Chicago homebase
• Reuters: Analysis: Health-conscious Americans hurt aluminum can market. “In the last couple of years we have seen the emergence of cans as a package for fruit juices, iced teas and in new categories such as ready-mixed cocktails,” said Benjamin Punchard, senior global packaging analyst at Mintel.
• Chicago Tribune: Analysis: Health-conscious Americans hurt aluminum can market.
• USA Today: Taco Bell adds Cool Ranch Doritos Tacos. Product extensions are rarely as successful as the products they mimic, warns Lynn Dornblaser, director of innovation and insight at the research firm, Mintel. What’s more, she says, the flavor profile isn’t quite the “natural” that regular Nacho Cheese Doritos are when paired with tacos.
• CCTV America: General Motors Unveils Clean Diesel Passenger Car. Watch the exclusive interview to Mintel’s Automotive analyst Colin Bird on the importance of the Chevy Cruze Clean Turbo Diesel
• The Wall Street Journal: Americans swear off french fries. According to a study by Mintel, the number of potato-based side dished listed on restaurant menus grew 11.8% between 2007 and 2012.
• Credit Card.com: Rate survey: Rates hold steady at 14.96 percent. “We’re not seeing the 18- or 21-month [promotional] interest rate we have in the past,” says Andrew Davidson, a senior vice president at Mintel Comperemedia, which tracks direct mail offers.
• The Wall Street Journal: Pet-Food Brand’s Image Bites Back Colgate. Sales of pet food topped $18 billion in 2011 in the U.S., up 15% from 2006, according to market research firm Mintel Group, which expects pet food sales to hit $21.2 billion by 2016.
• Fox News: High-protein bars, shakes not healthy? In 2012, 19 percent of new food and beverage products launched in the United States were labelled as being “high-protein,” according to Mintel, a market research company. That’s higher than anywhere else in the world, including India (9 percent), and the United Kingdom (7 percent), Mintel said.
• The New York Times:  In travel, we’re all Boomers. In a study of the impact of the economy on vacation travel among boomers, the market research company Mintel posited that boomers are “ideal candidates” for upscale camping, fondly referred to as glamping.
• CNBC: In travel, we’re all Boomers. In a study of the impact of the economy on vacation travel among boomers, the market research company Mintel posited that boomers are “ideal candidates” for upscale camping, fondly referred to as glamping.
• Bloomberg: Billionaire Perfetti Brothers Add to Italy Candy Fortune.“They’re really playful in their product mix,” said Marcia Mogelonsky, Director of Insight at market researcher Mintel Food and Drink.
• Supermarket News: Hummus Category Spreads Out at Retail. “Ethnic spread usage is most popular with consumers 25-34 years old and the usage index also goes up with income levels,” said Mintel analyst Patty Johnson. “Hummus, made with garbanzo beans and tahini sauce (sesame seeds) are both products that Hispanics are familiar with. Hummus can be positioned as a healthy and nutritional snack that the entire family can enjoy,” said Mintel analyst Leylha Ahuile.
• Hispanic Ad: Hispanic men present opportunities for marketers. Leila Ahuile, senior multicultural analyst at Mintel, said: “Everywhere we look marketers are directing their focus on Latinas, but brands are forgetting to talk to Hispanic men. Ignoring Hispanic men is an unwise mistake as this growing group, like most men in the US, has taken on a greater role with household chores, caring for children and shopping for the household.
• Hispanic Retail 360: Hispanic Men Offer Opportunities for Marketers.

UK

• Metro: Horse meat scandal: Will we fall out of love with ready meals? An estimated £3.8 billion was spent on ready meals, pies and pasties last year in Britain, according to market researchers Mintel.
• Express: Millions ‘give no thought’ to paying for care in old age. Toby Clark, of Mintel, said: “By not discussing long-term care needs with family, people may be doing more harm than good.
• BBC: The rise of the ready meal. Source Mintel
• The Daily Telegraph: Word of mouth: popcorn’s gourmet makeover. According to the market analyst Mintel, the whole UK popcorn market is worth £53 million, and last year sales increased by 10 per cent.
• The Huffington Post: As Heineken Reaches Its 140th Birthday, How Can It Fight Back When We’re Drinking Less Beer? In addition, premium brands, such as its Tequila infused Desperados beer are also selling well, despite the economic constraints. Mintel’s drinks analyst Sarah Theodore noted in October at the time of the Asia Pacific Breweries takeover.
• Mirror: Why the delay? Findus left horse meat lasagne on shelves for SEVEN days. Market analyst Mintel figures show the UK chilled and frozen ready meal market is worth £2.6billion a year but with weekly grocery bills already squeezing budgets, there are fears the cost of testing will push up the price of value lines.
• The Guardian: Recession Bypasses world of luxury goods. John Mercer, retail analyst at market research ?rm Mintel, said the Asia Paci? c region has overtaken Europe to become the largest market for luxury goods companies.
• The Daily Mail: Time for Yourself. Around 40 per cent of long haul trips are taken by the 45-64 age groups with the over-55s more likely to go on gap year style touring holidays than their youthful counterparts, says a Mintel survey.
• Brand Republic: Sector insight: squashes and cordials. Source: Mintel
• Huffington Post: Sexism and Students in Baking-Obsessed Britain. According to a survey by Mintel, by the end of 2012, 9 million Brits were baking more than they were a year earlier.
• The Sunday Times: Grooming Ridiculous. Source: Mintel
• Travel Weekly: Majority of families plan overseas holiday this year, Explore Research reveals. The survey contrasts with the more sober outlook presented by Mintel’s figures, from July last year, but correlates with GfK’s snapshot ?of bookings up to the end of December 2012.
• The Drum: Only 14% of consumers would hide the fact they buy value products. Mintel’s research finds nearly half (44 per cent) of all Brits are budgeting more than they were this time last year, with 89 per cent shopping on a budget and even 90 per cent of high earners (those earning £50,000 and above) likely to jump on the “budget bandwagon”.
• Retail Times: Sugar and gum confectionery market in Brazil breaks R$10bn mark, finds Mintel. The sugar and gum market in Brazil has broken the R$10bn barrier for the first time,, according to new research from Mintel. It valued the Brazilian confectionery market at R$10.2bn in 2011, up from R$8.2bn in 2007 and estimates it to have grown even further to R$10.8bn to the end of 2012.

BRAZIL

• Exame: Balas e Chicletes ficam mais caros no Brasil. O preço médio da categoria cresceu 23% entre 2007 e 2011, de R$ 33,00 o quilo, para R$ 44,00. Os chocolates acompanham a tendência e no mesmo período registraram aumento de 20% , passando de R$ 22,00 para R$ 26,00 por quilo. As informações são do relatório da Mintel.
• Mundo do Marketing: Balas e chicletes ficam mais caros no Brasil. O preço médio da categoria cresceu 23% entre 2007 e 2011, de R$ 33,00 o quilo, para R$ 44,00. Os chocolates acompanham a tendência e no mesmo período registraram aumento de 20% , passando de R$ 22,00 para R$ 26,00 por quilo. As informações são do relatório da Mintel
• Associação Brasileira de Supermercados: Mercado de mascar sofisticado. O mercado brasileiro de doces e chicletes saiu da casa dos R$ 8 bilhões, em 2007, e atingiu cerca de R$10,8 bilhões noano passado, segundo levantamento da Mintel, consultoria especializada emtendências de consumo. A expectativa para os próximos anos é de um crescimento médio de 5% a 6%e que chegue à marca dos R$ 14 bilhões em2017
• Brasil Econômico: Coluna Encontro de Contas. Mercado de Mascar Sofisticado
• O Globo: Coluna Negócios & Cia. É Doce1 e 2
• O Globo: Coluna Negócios & Cia. Loura Cara

APAC

• China Daily: Starbucks keeping its brand full of beans. The number of cafes in China doubled from 15,898 in 2007 to 31,783 in 2012. In contrast, the nation’s teahouses grew by only 4 percent to 50,984 during the same period, according to a recent report from UK-based research company Mintel Group Ltd.
• Reuters India: Analysis: Health-conscious Americans hurt aluminum can market. “In the last couple of years we have seen the emergence of cans as a package for fruit juices, iced teas and in new categories such as ready-mixed cocktails,” said Benjamin Punchard, senior global packaging analyst at Mintel.
• Wall Street Journal: Targeting Grandpa: China’s Seniors Hunger for Ads. According to a new report from global market research firm Mintel, only 8% of elderly Chinese consumers feel that marketers adequately target them with advertising and products.
• Retail Asia: Private label juices set to soar in India. Ranjana Sundaresan, Food and Drink Analyst – India at Mintel, said fruit juice consumption in India has seen incredible growth in the past few years, especially in urban and semi-urban areas.
• Macau Daily Times: Yum profits hit as China renews consumer protection push. Regulation and supervision in China’s food manufacturing and processing industry has lagged the industry’s significant growth in the past decade, market researcher Mintel Group said in a report last year.
• Inside Retail Asia: Retailers urged to target Chinese elders. Market research firm Mintel says elderly Chinese consumers don’t feel adequately targeted by local retailers and marketers.
• Bloomberg Businessweek: Suppress Starbucks
• Hindu Business Line: Private label juices score over company brands In the juice category, private labels from retailers have been gaining acceptance among Indian consumers as they have better value and prices compared to branded ones from Indian and multinational companies, says a report by Mintel, a global supplier of consumer, product and media intelligence.

EMEA

• Cosmetic Design Europe: Men’s grooming – why all the hype? New Mintel research shows that 3 out of 4 young American men prefer to buy personal care products online.
• Club Darwin: El té alcanza US$ 6.700 millones en 2012: sabores y tendencias para todos. El té y el té listo para beber alcanzaron unas ventas de cerca de US$ 6.700 millones en 2012, según datos de Mintel.
• FinanzNachrichten: Hispanic men present opportunities for marketers, reports Mintel. Hispanic men. Indeed, according to latest research from Mintel, some 42% of Hispanic men and more than half (55%) of Hispanic dads are the top decision maker on the purchases made in their household.
• Cosmetic Europe: Eastern Influence could see beauty drinks quench thirst in the West. “Anj inspiration from the East continues to make its mark on global markets, beauty drinks can use this platform to appeal to Western consumers,” says Chris Lindsay, analyst at Mintel.
• El Economista: Backspin. Una investigación de Mintel sobre estilos de consumo en China revela que 80% de la población urbana china está dispuesta a pagar más por los alimentos orgánicos.
• Portugal Textil: Barreiras ao comércio travam PIB mundia. O consumo na China deverá crescer 15% anualmente até 2016, segundo um novo relatório publicado pela Economist Intelligence Unit e a empresa de pesquisa de mercado Mintel.