The Future of Food Technology: Top Trends from the IFT Annual Conference and Expo
Miri Eliyahu
In mid-July, food technologists, ingredient companies, start-ups in the food tech space and food science experts convened for the annual Institute for Food Technologists (IFT) meeting in Chicago. This year, a few trends stood out, for both their educational emphasis and their overwhelming presence on the show floor.
Global Economic Outlook: Q3 2024
Lan Ha
The global economy has witnessed a sustained period of resilient growth as it enters the second half of 2024, driven by falling inflation and better-than-expected employment and private consumption. Short-term growth prospects, however, will be undermined by a still-high interest rate environment, while a potential cooling down of the labour market and growing political uncertainty would affect global business and consumer confidence.
Key Themes and Opportunities in the Global Eyewear Market
Natasha Cazin
In the face of ongoing macroeconomic uncertainties, the latest eyewear data published by Euromonitor International confirms a mixed outlook for the global eyewear market. In the near-term signs of progress are evident. In this article, we have identified five key opportunities as companies rise to the challenge of bouncing back stronger in 2025 and beyond.
Global Economic Forecasts: 2024 Outlook | Mid-Year Update
Euromonitor International
Get an update on global economic performance in 2024. You'll find the latest projections for GDP growth and inflation to support your strategic planning in this report extract.
Commodity Market Outlook Q2 2024: Pressures Have Eased but Geopolitical Flareups Drive Market Volatility
Aleksandra Svidler
First months of 2024 saw a year-on-year easing in many commodity prices, as soft global demand weighed on energy prices and prospects of adequate crop supply capped agrifood price growth. However, geopolitical shocks sparked turbulence in the oil market and drove up gold prices, while rising supply concerns fuelled a rally in copper.
Global Economic Outlook: Q2 2024
Lan Ha
The global economic outlook continues to improve, as easing inflation, improved supply conditions and strong labour markets in advanced economies support real income gains, consumer spending and other economic activities in the first quarter of 2024.
Global Inflation Tracker Q1 2024: Divergent Trends Persist Amid Lower Overall Inflation
Justinas Liuima
Global inflationary pressures are forecast to moderate further in 2024. Under the baseline scenario, global inflation is forecast to stand at 5.4% in 2024 and trend down further to 3.6% in 2025. Lower energy prices, slower consumption growth and normalisation of manufactured goods prices are contributing to lower inflationary pressures.
Key Drivers for Private Label Growth in Latin America
Andres Chehtman
The share of private label sales in Latin America remains far below that of developed regions such as Western Europe and North America, indicating there is further opportunity for growth. Euromonitor International has examined the main reasons for the growth of private label in Latin America.
Commodity Market Outlook Q1 2024: High Uncertainty Amid Soft Economic Outlook and Geopolitical Risks
Aleksandra Svidler
This year’s commodity market outlook remains highly uncertain. As consumers and businesses continue to grapple with lingering cost pressures and high interest rates, subdued global economic activity is set to translate into softer commodity demand.