Germany’s beer industry, a well-developed market that prides itself on its traditional brewing process, is being threatened by craft beer as consumers are becoming more experimental with products, says GlobalData, […]
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Back to news homeGrowing middle class to drive APAC make-up sector growth through 2025, says GlobalData
Rising disposable incomes and a burgeoning middle class are set to spur the Asia-Pacific (APAC) make-up sector at a compound annual growth rate (CAGR) of 6.5% from US$17.7bn in 2020 […]
New alcohol display rules could push Japanese consumers towards nolo drinks, says GlobalData
Japanese brewers are now expected to display alcohol content by gram on the product labels as part of the government’s initiative to tackle alcohol related health problems, including addiction. This […]
Former Asana employees want to take on Discord with a positive platform for creator communities
In a creator-economy world, if you’re only as good as your last YouTube video, then your next YouTube video had better be bigger and louder than the last. Vibely, a […]
South Korea’s dairy & soy food market set to reach US$8.1bn by 2024, says GlobalData
The South Korean dairy & soy food sector is projected to grow from â‚©8.5 trillion (US$7.3bn) in 2019 to â‚©9.5 trillion (US$8.1bn) in 2024 at a compound annual growth rate […]
Filipino bakery & cereals market to reach US$1.5bn in 2024, says GlobalData
The Filipino bakery & cereals sector is projected to decline from ₱89.1bn (US$1.7bn) in 2019 to ₱80.4bn (US$1.5bn) in 2024 at a declining compound annual growth rate (CAGR) of 2%, […]
Malaysia’s meat market set to reach US$2.3bn in 2024, says GlobalData
The Malaysian meat sector is projected to grow from RM8.1bn (US$1.9bn) in 2019 to RM9.5bn (US$2.3bn) in 2024 at a compound annual growth rate (CAGR) of 3.2%, says GlobalData, a […]