Consumption of food-grade lubricants could hit new highs in China and India, according to research from our first-ever dive into the industry.
“Rapid growth in consumption of food-grade lubricants is expected to occur over the next five years,” says Sushmita Dutta, Project Manager of our Energy sector. “Increasing consumer awareness, strengthening supervision and enforcement of regulations by the governments in these countries, and the rise in the number of food and beverage processing plants in 2020 represent only a few of the factors driving growth in these two markets.”
Sustainability is a critical global initiative, currently representing one of the key business drivers within the energy sector. Environment, Social, and Governance (ESG) standards are expected to have a profound impact on the operations and business practices of enterprises worldwide. To achieve their sustainability goals, companies across a wide range of industries will institute operational measures and decarbonization technologies.
The road to a German Green Party win may be filled with electric vehicles — ironically, due to Merkel’s pulling the plug.
Following its surprisingly strong showing in the nation’s recent parliamentary election — it achieved its best results ever in a national election, garnering almost 15% of the vote — the Party stands a high probability of becoming part of Germany’s new government coalition.
Haute cuisine, nouvelle cuisine, fusion cuisine…lab-grown meat?
The latter may not conjure up images of Michelin stars, but lab-grown meat — more commonly known as “cultured meat” — is being touted far and wide as potentially the next big thing. But what exactly is it, and how is it made?Continue reading
Olaplex may be royalty in the bond-builders market, but that isn’t stopping other companies from trying to claim its throne.
The brand, which introduced the world to bond builders in 2014, is today on the verge of going public, with the initial stock offering projected to potentially raise $1.23 billion. In 2020, Olaplex was the only brand among the top 10 to register an increase — it was up double digits for the year — and had the distinction of being the sole brand to not post a decline. Olaplex was also one of only a handful of companies in 2020 to show increases across every channel.Continue reading
Kline has identified three indie beauty brands that could be tomorrow’s billion-dollar buyouts — just as we did in past reports where we accurately predicted M&As.
“Glow Recipe, Ilia Beauty, and Prose have landed squarely on our radar,” says Karen Doskow, Kline’s Director of Consumer Products, “They may be small in terms of sales value, but these brands have totally disrupted the industry.” According to Doskow, indies are currently the most sought-after brands by cosmetics marketers, retailers, and shoppers alike thanks to their compelling ingredient stories, creative consumer engagement, and first-rate digital marketing tactics. Continue reading
Despite a reduction in the number of U.S. restaurants that are operational, with estimates as high as 10% having closed permanently due to the COVID-19 pandemic, the future of professional foodservice cleaning products is bright. With K-12 schools, colleges and universities, hotels, office buildings, and recreational venues gradually reopening, we expect increased usage of categories that were depressed during the height of the pandemic. Results from our structured survey of nearly 800 professional end users show that the tried-and-true features ― effectiveness, employee safety, cost, and convenience ― remain paramount.
Newcomer Snif is poised for success in 2021 and beyond, according to Kline’s Beauty Indies USA report. The modern fragrance brand offers luxury-level scents that are unisexual, clean-positioned, cruelty-free, and affordable, which resonates well with its target audience of millennials and Gen Z. The brand’s key point of differentiation is its try-before-you-buy model, which simplifies the online fragrance discovery and purchase process by allowing consumers to “try now, pay later.”
Consumers plan to spend more on non-invasive aesthetic services in 2022 than they have in the last two years — including beauty boosts such as Botox and HydraFacial.
“People are finally coming out of their pandemic cocoons and no longer hiding behind a mask as often, and everyone wants to look their best,” says Karen Doskow, Director of Consumer Products and Project Manager of Kline’s upcoming The Professional Skin Care Consumer: Attitudes and Behaviors Survey. “Botox and fillers top the list of treatments expected to see strong gains this year, as well as body-focused treatments such as CoolSculpting.” In fact, Kline’s preliminary research found that consumer spending on aesthetic treatments and products will be up by nearly 25% in the coming year. Continue reading
Owned by Pierre-Fabre, Avène is a well-known global brand for sensitive skin distributed through doctors’ offices, pharmacies, and online channels. At the heart of Avène’s products is Thermal Spring Water, known to soothe the skin and provide clinical benefits for various conditions, ranging from acne to atopic skin.
According to Kline’s recent survey conducted among skin care dispensing physicians in the United States, Avène received high performance scores on all key attributes, including training and education, marketing, and product portfolio, implying that physicians are highly satisfied with all the support provided by the brand. To monitor the progress of this brand and others, refer to the Physician-Dispensed Skin Care: Perception and Satisfaction Survey report.