Mobility

[New] Per capita beauty spend in South Korea in 2017 was $45: With a projected CAGR of 8.1 percent over the next five years, the market is estimated to reach $2.8 billion by 2020.
[New] Online grocery sales are expected to increase by nearly half in the next four years (IGD), providing further opportunities for growth.
[New] While Mintel reports that almost 60 percent of U.S. consumers are interested in eating less meat, Euromonitor forecasts a $22.9 billion global market for meat alternatives by 2023.
[New] Mintel reports that one in five millennials has tried to adopt a vegan diet and predicts that UK sales of meat-free foods - including a growing range of vegan products - will break the £1bn barrier by 2023.
[New] Although the frozen snacks category has grown in recent years, Mintel predicts that annual growth in the frozen snack category will slow from 2019 to 2022 and rest between 0.6% to 0.9%.
[New] Sales of meat-free foods have increased by 22% between 2013 and 2018 and are estimated to reach £740m in 2018: Growth is set to continue as value sales of the meat-free market are forecast to increase by a further 44% by 2023 to reach £1.1bn.
[New] Mintel forecasts that consumer spending will keep pace with past performance and increase 20% over the next five years (2017-22) at an estimated annual growth rate of 3.6%.
[New] Sales of plant-based alternatives to dairy are expected to jump from $2 billion to $3 billion by 2020.
[New] Sales of color cosmetics are heating up@ Mintel reports that global sales for 2017 are expected to total $48.3 billion, up 6% from $45.5 billion last year: In the U.S., the largest market, sales are predicted to be $12.1 billion.
[New] Global sales of colour cosmetics are expected to reach a beautiful US$48.3 bn in 2018.
[New] Stress, individuality, and sustainability are consumer themes expected to shape the global food and beverage industry.
[New] Mintel has revealed four ingredients it expects to come to the fore in 2018 -- chaga mushroom, green banana flour, hemp and blue algae: All four ingredients are already available in the UK from online retailers and might be expected to feed through to product launches in 2018.
[New] In 2018, Packaging will play a pivotal role in reducing global food and product waste.
[New] The throwaway culture of today will evolve into one that understands and embraces the role of packaging as a primary means to reduce global food and product waste.
[New] Consumers should expect an increased use of natural, ethical and environmental claims in global food and drink launches in 2018.
[New] Over the next five years sales of print books are forecast to grow by 25 per cent to reach £2.1 billion.
[New] Sales of print books are forecast to grow by 25% in the next five years to reach £2.1 billion.
[New] Power to the Plants is one of the six food and drink trends Mintel feels will impact the global food and drink industry in 2017.
[New] The continued development of comforting-and functional-nighttime products are among the six trends that will shape the global food and drink industry in the coming year.
[New] The burger market is forecast to rise from £3.2 billion last year to £3.8 billion by 2020 as demand for superior quality.
[New] Cross-border e-commerce will have a compound annual growth rate of 18 percent through the end of the decade.
[New] This year, in the UK and the US, consumers are expected to spend more than ever before on clothing and accessories, £53.5bn and $274.8bn respectively.
[New] Sales of red meat in the UK are expected to be worth around £7.3bn in 2015.

See full forecast

Last updated: 13 October 2019