Post by account_disabled on Mar 6, 2024 4:21:28 GMT
Distribution can be a challenge. High-end specialty stores that highlight gender-neutral brands are a growing segment of the market, but are limited in reach, while large cosmetics retailers and department stores remain highly gendered. Customer concerns about sustainability and skin-irritating synthetic ingredients are also driving demand for “clean” formulas and eco-friendly packaging, which can be expensive to develop.
Not only are new “indie” personal care brands popping up every year, but big consumer goods companies and luxury brands like Lululemon and Gucci are also incr Chile Mobile Number Listeasingly offering gender-neutral options. Aesop and Deciem (the parent company of skincare brand Ordinary) are two of the most prominent companies that market their products, including moisturizers and facial oils, based on ingredient formulations rather than gender.
Forecast:
Market researcher CB Insights named “expanding inclusive beauty” among industry trends with significant momentum in 2020, noting that men's and neutral grooming products are both growth sectors. The pending $1 billion acquisition of men's shaving startup Harry's and the $1 billion deal for Dollar Shave Club, the latter of which has shifted to gender-neutral marketing, offered early evidence of the industry growth.
Soaps. 4 responsible businesses to invest in 2020
Healthier junk food
Healthy diets are all the rage, but Americans still crave chips and cookies. As a result, companies are inventing new types of packaged foods made with minimally processed fruits and vegetables, as well as snacks that mimic the taste and texture of popular junk foods, but have fewer calories and artificial ingredients.
Why it's growing: Health-conscious consumers are looking for better-for-you versions of their favorite snacks. Some consumers assume products labeled with terms like "vegan" and "sugar-free" don't taste as good as those containing salt, fat and sugar, so new companies aim to strike a new balance between indulgence and health.
Obstacles to entry:
Companies in this industry face many of the same obstacles as those in any packaged food sector, including acquiring sufficient startup capital for manufacturing and product development, finding distributors, managing logistics, and complying with FDA and other regulations. .
The disadvantage:
Competition is fierce for shelf space at national grocery chains like Whole Foods. The largest snack producers, who have a firm footing in the market and can keep their prices low, are increasingly diversifying their offerings with healthier options.
Competence:
In addition to the many smaller companies that make healthy, less processed snacks like dried fruit and kale chips, new companies in this industry will have to take on big brands like Annie's, owned by General Mills, whose products include organic alternatives to Cheez -Its and Chex Mix. “Low-calorie products from big brands have grown at a much faster rate than high-calorie products over the past decade,” according to IBISWorld. Emerging brands include Peatos, which is a crunchy Cheetos alternative with pea protein, and Snacklins, which offers a meatless pork rind made with mushrooms, onions and cassava.
Forecast:
In the US, snack food production is a growing category that was valued at $43 billion in 2019, according to IBISWorld. Healthier snacks are driving much of that growth, as Millennial consumers increase demand for low-calorie, organic and gluten-free options.
Not only are new “indie” personal care brands popping up every year, but big consumer goods companies and luxury brands like Lululemon and Gucci are also incr Chile Mobile Number Listeasingly offering gender-neutral options. Aesop and Deciem (the parent company of skincare brand Ordinary) are two of the most prominent companies that market their products, including moisturizers and facial oils, based on ingredient formulations rather than gender.
Forecast:
Market researcher CB Insights named “expanding inclusive beauty” among industry trends with significant momentum in 2020, noting that men's and neutral grooming products are both growth sectors. The pending $1 billion acquisition of men's shaving startup Harry's and the $1 billion deal for Dollar Shave Club, the latter of which has shifted to gender-neutral marketing, offered early evidence of the industry growth.
Soaps. 4 responsible businesses to invest in 2020
Healthier junk food
Healthy diets are all the rage, but Americans still crave chips and cookies. As a result, companies are inventing new types of packaged foods made with minimally processed fruits and vegetables, as well as snacks that mimic the taste and texture of popular junk foods, but have fewer calories and artificial ingredients.
Why it's growing: Health-conscious consumers are looking for better-for-you versions of their favorite snacks. Some consumers assume products labeled with terms like "vegan" and "sugar-free" don't taste as good as those containing salt, fat and sugar, so new companies aim to strike a new balance between indulgence and health.
Obstacles to entry:
Companies in this industry face many of the same obstacles as those in any packaged food sector, including acquiring sufficient startup capital for manufacturing and product development, finding distributors, managing logistics, and complying with FDA and other regulations. .
The disadvantage:
Competition is fierce for shelf space at national grocery chains like Whole Foods. The largest snack producers, who have a firm footing in the market and can keep their prices low, are increasingly diversifying their offerings with healthier options.
Competence:
In addition to the many smaller companies that make healthy, less processed snacks like dried fruit and kale chips, new companies in this industry will have to take on big brands like Annie's, owned by General Mills, whose products include organic alternatives to Cheez -Its and Chex Mix. “Low-calorie products from big brands have grown at a much faster rate than high-calorie products over the past decade,” according to IBISWorld. Emerging brands include Peatos, which is a crunchy Cheetos alternative with pea protein, and Snacklins, which offers a meatless pork rind made with mushrooms, onions and cassava.
Forecast:
In the US, snack food production is a growing category that was valued at $43 billion in 2019, according to IBISWorld. Healthier snacks are driving much of that growth, as Millennial consumers increase demand for low-calorie, organic and gluten-free options.