Better international business information through a clear understanding of the global food and beverage industry.

Hain Celestial misses targets as it drops smaller products

While domestic sales kept them from achieving their targets, thanks to international sales, Hain Celestial was still able to pull off 7.5% overall growth.

It seems that Hain Celestial anticipated a slower quarter, especially in the U.S. After all, the company noted in its earnings report that it expected to see a drop in U.S. sales as it continues Project Terra — the manufacturer’s name for its SKU rationalization project. Hain Celestial is hoping to concentrate on its top 500 products in the U.S., a move intended to increase its margins in the long run, the report states.

Read More »

Brazil’s home-grown e-commerce players set to take on Amazon

Online channels can be a great way for specialty brands to get started in new markets. Here’s a peek at some the more focused options in the UAE.

Claudia Maria de Oliveira is wary of online shopping – but while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza. She swallowed her doubts and hit the “buy” button. Two days later she picked up her first-ever online purchase at a mall in Sao Paulo.

Read More »

uropean grocery retail market to reach €2,289bn by 2022, IGD reports

European shoppers are looking for innovative items too and demand is growing!

The European grocery retail market will add €377.6 billion in sales to reach €2,289 billion by 2022, with growth in the region driven by the dynamic economies of Central and Eastern Europe, according to new forecasts from international grocery research organisation, IGD. The grocery retail markets of Poland, Romania and Russia are expected to enjoy strong growth to 2022, benefiting from greater liberalisation and integration with other European countries.

Read More »

One in five meals eaten out of home as European consumers favour service over home cooking, new report finds

The often overlooked foodservice channel is rife with opportunities for US Exporters.

More flexible menus and an increase of meal occasions from breakfast and all day brunch through to dinner has led to a €4.1bn increase in food service sales in 2017 to €335.9bn according to a new report launched by IRI GIRA Foodservice. The UK food service market increased by 6.2% since 2015 to £58.2mn of sales in 2017.

Read More »

Online grocers in the UAE: 11 brands to know

Online channels can be a great way for specialty brands to get started in new markets. Here’s a peek at some the more focused options in the UAE.

No more crowded checkout lines. No screaming children to contend with. No need to race home to get the ice-cream into the freezer before it melts. The day has finally come: you can now buy all your groceries in the UAE without setting foot into a store.

Read More »