Developing a strong, sustainable business approach creates long-term value and improves the ecological, social and economic environment. Biden administration ESG policies. Nearly 70% of professionals expect consumers to be more concerned about sustainability than before COVID-19. Found inside – Page 362Food Packaging Trends and Issues Approaching Sustainability: Insights from ... would encourage consumers' decision making towards more sustainable choices. Drapers latest consumer research report explores shoppers' views and opinions on sustainability and sustainable fashion, analysing exclusive data and industry insight. Found insideThis book provides a comprehensive overview of new insights into consumer behaviour mechanisms in order to shift practices toward sustainable fashion and to minimize the negative impacts of fast fashion on the environment and society. Found inside – Page 81Grand View Research (2020) Green packaging market size, share & trends ... McKinsey and Company (2021) Sustainability in packaging: consumer views in ... Click here to read the report. Opportunities to retool products, services and operations to meet these needs. Rob Hopkins, author of From What Is To What If. Found inside – Page 83The energy, consumer discretionary, industrials and materials sectors are most ... of sustainability incentives are trends that have driven these decisions. In October 2020, the SustainAbility Institute by ERM (the Institute) launched, and this is the first Trends report produced by the Institute. Forbes. Download. What’s happening: As organizations found themselves falling … Feed your curiosity with our expert analysis - from the key issues impacting society to geeky dives into products, markets and demographics. Found insideIn Kids These Days, early Wall Street occupier Malcolm Harris gets real about why the Millennial generation has been wrongly stereotyped, and dares us to confront and take charge of the consequences now that we are grown up. How Canadian retailers can better serve today’s sustainability-focused consumer Seven sustainability trends to watch in 2021. A global database of new consumer packaged goods launches in 86 markets. In 2019, CGS found that 47% of U.S. consumers were willing to pay more for a sustainable product. Newberry, C. (2021, January 6). Trends in the dining experience, menu optimization and new flavors, ingredients or food preparation methods. Found inside – Page 3238th International Conference, HCIBGO 2021, Held as Part of the 23rd HCI ... U.: Sustainable aquaculture products: implications of consumer awareness and of ... 21 consumer trends for 2021 with innovation opportunities, from TrendWatching's content team. Click here to read the report. Global Consumer Trends 2021. As the interest in green living continues to rise, so will the interest in sustainable home design. 1. Initial results will be released globally in September 2021. Nature is worth $44 trillion to the global economy, according to a recent World Economic Forum estimate. Digital & Trend Reports ... were either somewhat interested or very interested in sustainability. Sustainability will continue to be a differentiator for food and beverage products in 2021. What is the ‘Green List’ and how can it help protect the world’s natural wonders? The global consumer and marketing trends to know for 2021 - GWI. For example, the sustainability of a company influences consumer willingness to pay for its products. She is 34 years old and in May 2020, she hit a record-high audience of more than 37 million, more than the “Game of Thrones” finale or the Oscars. We break down what these trends mean for 2021, and how retailers and brands can prepare. But after the turmoil of 2020, where should organizations focus their efforts? The book acts as a guide for meat and animal scientists, technologists, engineers, professionals and producers. The expert-led, all-encompassing research resource for higher learning. Accelerating sustainability trends. Forrester’s consumer data analysis signals another change in empowered consumers’ behavior that will precipitate the next business transformation: committing to environmental sustainability. Drapers decided to investigate, and the result is our first Sustainability and the Consumer report, in partnership with Smurfit Kappa. 15 September 2021. Register. Environment and Natural Resource Security, How much do we really care about nature? We expect deal makers to keep investing in assets that are sustainable and that comply with their long-term strategy. Drapers latest consumer research report explores shoppers' views and opinions on sustainability and sustainable fashion, analysing exclusive data and industry insight. By Graeme Moran Brands should thus be ready to deploy their resources to tap into that rapid change. It functions on a … The expert-led global market intelligence solution for the household and personal care sectors. In China, 41% of consumers say that they want eco-friendly products. Nielsen predicts that online shopping infrastructure will be put to the test during stage 4 of consumer shopping changes. for 2021. and Beyond. To find out how Mintel Group Ltd has benefited from ERDF funding. Visit our Privacy Policy and Cookie Policy to learn more. – The roles education, science, metrics and language play in engaging consumers and driving purchases Mintel identifies 7 trends impacting consumer behavior in 2021 Focus shifts to health, connection and sustainability. 03 More than lockdown blues. It always exists in constantly shifting sands of … Ultimately there are plenty of brands to choose from and here are the top 5 trends in eco-fashion to look out for in 2021. Sustainability remains a key consideration for consumers in 2021 with 32% of consumers highly engaged with adopting a more sustainable lifestyle Equally important, 28% of consumers have stopped buying certain products due to ethical or environmental concerns August 11, 2020 By Shalini Unnikrishnan , Chris Biggs, and Nidhi Singh. By Graeme Moran 15 September 2021. Emerging consumer trends redefining business in 2021. Free reports, essential industry information, offers/sales opportunities and invites to exclusive events, We aim to identify and retain the very best and brightest minds to help build and support our dynamic business. The consumer data brands need to develop profitable sustainability products and policies. It delves into fashion customers’ evolving mindsets versus their actual purchasing habits, as well as their willingness – or lack thereof – to pay for sustainable fashion. NEW PDF. Found inside – Page 404There are numerous trends that are shaping India's textile and apparel industry, ... yet recent trends in consumer demand, disposable income growth and ... The events and tradeshows Mintel is taking part in across the world. The 'last mile' of consumer sustainability behavior. This site uses cookies to deliver website functionality and analytics. 12 Trends That Will Impact the Restaurant Industry in 2021 Restaurants will need to embrace off-premise dining and digital ordering in 2021. 01 There’s no place like home. One trend set to develop into 2021 and beyond includes the implementation of eco-friendly and … February 18, 2021. Found inside – Page 261... government, environmental, and consumer leaders who promote the efficient and ... trends and technologies, and offers service contacts for consumers. SustainAbility was acquired by ERM in 2019. According to Nielsen, the US sustainability market alone is projected to reach US$150 billion in sales by 2021. Found inside – Page 28The OECD-FAO Agricultural Outlook projects future trends in the use of the ... as well as increasing consumer awareness of health and sustainability issues. A remarkable 96% of survey respondents in Brazil see nature loss as a serious problem. Consumer anxiety picks up slightly as COVID-19 positive cases rise. Consumer Trends 2021 Introduction ... With eco-anxiety (chronic concern over environmental issues) slowly rising, companies need to put sustainability at the forefront or risk losing future consumers. This trend is driven by factors including health motivations, the growing popularity of flexitarian diets, and a desire to benefit the environment by feeding the world’s population. The expert-led global market intelligence solution for the food and drink industries. Emerging innovators from around the world can connect and work together ideas and solutions through the UpLink, the Forum's open innovation platform. Canadian Consumer Insights 2021, pulse 2. While the trends can change as new materials and techniques are introduced, one thing remains certain. This category only includes cookies that ensures basic functionalities and security features of the website. Shoppers' sustainability priorities and preferences are examined, as well their opinions on issues such as greenwashing, responsibility and eco credentials. Trend tracking, analysis and interpretation of changes in culture markets, brands and consumer behavior. Download for free now and learn how your products, policies and services can be sustainable and profitable now and for years to come. Industry Demand Resilience. We believe 2021 will be the most unpredictable years we’ll have had for generations and will challenge many retailers who survived COVID-19. Mintel's Market Data Reports offer a quick and in-depth look at a market, providing Market Sizes, Market shares, Industry insights and 5 years forecasts. With the events of 2020 upending so much of what we took for granted, we now need to look ahead with focus and a desire to help people solve their challenges on their own terms. Companies are learning how consumer intentions align with their actions and how sustainability executives can influence those behaviors for the better. Found inside – Page 86The new consumers demand is mirrored in the design and availability of tailor-made food ... in their structure process not only consumer trends but also. To understand the impact that green issues are having on consumers, turn on your television, flick onto a popular channel and wait for the advertisements. As 2019-2020 was already a transformative time for sustainable consumption, COVID-19 added a unique layer of consumer awareness into the mix. A new Circular Cars Initiative (CCI) embodies an ambition for a more circular automotive industry. Sustainability Trends Report 2021 identifies tipping points across the landscape of sustainability that set the scene for COP26 and the post-pandemic recovery – from the mainstreaming of net zero to action on social equity, and the rise of clean technologies and natural solutions. In 2019, CGS found that 47% of U.S. consumers were willing to pay more for a sustainable product. You also have the option to opt-out of these cookies. Improving the insulation and ventilation of new and existing buildings will have positive results for both human health and energy consumption, say experts at Yale. Nearly … The message is loud and clear. Found inside – Page 41Sustainable. Supply. Chain. Management. in. Fast-Moving. Consumer ... corporate social responsibility as well as the trends in the sustainable supply chain ... Comprehensive, in-depth consumer and market analysis and trends in 11 markets. Sustainability trends that will change your business in 2021 -- and beyond. for your data in order to: You have the right to object to this processing or to change the communications we send you at any time. As shoppers rapidly transitioned to digital to get goods without encountering crowds, and still continue to do so, there are environmental considerations on the impact of this societal shift. Since 2016, over 159 million people have signed online petitions in support of nature, with protests growing in strength and frequency. Consumers of 2021 know all about how to … The views expressed in this article are those of the author alone and not the World Economic Forum. The pandemic has also taken the consumer trend of prioritizing immune health to the next level. Necessary cookies are absolutely essential for the website to function properly. ... By championing sustainable tourism, the initiative hopes to help rebuild the hard-hit industry in a way that’s more conscious and futureproof. May 24, 2021 By Chris Biggs , Dewang Shavdia , Allison Kelley, and John Watts. Customers who choose an offline business rather than settling for … Do they care about it? There will also be a focus on nature-themed colours, according to Beth Greer, owner of Ivy&Bee Interiors. Organizations will confront the scale of change. Found inside – Page 90Due to the international exposure and easy accessibility of things around the world, they adopt trends more frequently and utilize more amounts of resources ... Consumer Trends Demand New Supply Chain Ideas ... Consumer Trends to Look Out for in 2021. Below are 10 key trends and topics that we expect to be prominent in 2021, some of which are continuing trends from 2020, while others may emerge in response to the events of 2020. Found insideHighlights in this new edition include: New Critical Thinking Projects feature to encourage students to develop their critical thinking skills through analysing consumer issues. — The pandemic hasn’t shaken consumer interest in food sustainability, according to a new poll from C.O.nxt and Menu Matters. Found inside – Page 239Nowadays, beer consumers are getting increasingly interested in exploring new ... 15.2 Sustainable brewing: recent trends Consumers represent an important ... 2021 will redefine the 21st century. Today, consumers around the world do want to live more sustainably. Phygital Reality — Phygital Reality is defined by Euromonitor as a hybrid of physical and virtual worlds where … Restaurant marketing strategy, design and internal systems will evolve for independents and chains alike in the coming … Sustainability … They can deliver on these commitments by protecting nature and natural systems in the landscapes where they operate, or from which they source commodities, by using tools and approaches such as the Accountability Framework, and through reshaping markets. Found inside... Award in the Sustainability category at The WorldStar Global Packaging Awards. ... the global trends and challenges within the packaging industry. Found inside – Page 410consumer has increasingly demanded individualization, uniqueness, ... 2009) and sustainability issues gain special relevance, in line with what is also ... Consumers are already tightening their purse strings for tough times ahead, and are looking to save more and spend less in … The answer I got was almost always the same: “Consumers don’t care about sustainability or deforestation – they just want cheap food.”. 02 All work and no play. Consumers fundamentally shifted the way they spent money and time during the pandemic. The Rise Of Green Finance Literacy: Eco Money Activists Get Loud. The good news is that some sectors and companies are responding. Livestreaming will take center stage in 2021, with the potential to be one of the fastest-growing categories in the digital one-to-one ecosystem. ... Smart marketers and business owners know that if a business can solve consumer problems and be a source of calm instead of stress, ... Smart businesses will invest in sustainable packaging in 2021. The company is addressing the changing attitudes toward meat and traditional dairy products with this. Found inside – Page 420A Casebook for Reaching Your Socially Responsible Consumers through ... a means to track the consumer and industry trends regarding sustainability and ... Well-being is increasingly understood to be about more than consumption and materialism, once basic needs have been met. The interesting insights the report uncovers show there is appetite for a more sustainable future for fashion among consumers, but also suggest there are hurdles in the way of getting there. Connect to Learn More →. In the UK, the market for ethically and sustainably sourced goods in 2019 was worth £41 billion, its value having risen almost fourfold within 20 years, and in India sales of organic products have grown by 13% since 2018. Already an important and growing trend in 2020, the importance of sustainability will take another leap in 2021 as the ongoing pandemic has raised the health of people and the planet into the front of consumers minds. Developing a strong, sustainable business approach creates long-term value and improves the ecological, social and economic environment. Found inside – Page 20Climate change will also alter consumption, production and policy trends. ... are adopting sustainability standards, which signal alignment with consumer ... Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Found inside – Page 141If this trend continues and consumers consistently start buying more sustainable products and adapting their consumption patterns, demand for sustainable ... Emerging consumer trends redefining business in 2021. Consumer passion for the environment grows as a result of the pandemic. The 'last mile' of consumer sustainability behavior. Cities are leading the way with bold ideas. click here to receive even more Mintel know-how. Found inside – Page 137The Sustainable Apparel Coalition (SAC) is an alliance of companies who practice ... of sustainability and social responsibility on fashion trends, consumer ... The COVID-19 pandemic continues to shape and shift consumption and lifestyle behaviours across the globe. Flexible work arrangements – Challenges facing brand sustainability, key takeaways, and the approaches for success. Found insideChanging consumer attitudes Whilst many marketing practices may not have moved ... Pinterest that discussed the underlying trends around sustainability and ... Companies can commit to protecting nature and natural systems, including by setting science-based targets for nature and ambitious greenhouse-gas emissions reductions. The Way Consumers Feel About Food is Changing: 5 Trends to Act on Now The way we feel about some of our favorite foods is changing, long term. The COVID-19 pandemic, social media health and wellness influencers, government guidance and disruptor brands are all included as catalysts for societal reactions to food products in their entirety. The report also explores important elements of the fashion journey from a sustainable point of view, such as manufacturing, labour, packaging and delivery, and considers shifting approaches to renting, reselling and repairing fashion items. Between 2020 and 2021, however, this number slightly declined. Cristianne Close, Global Markets Practice Leader, WWF International. Some of these shifts are here to stay. PwC’s global consumer insights survey 2020: The consumer transformed. The Innova Consumer Survey 2020 reveals that six in ten global consumers are interested in … Found inside – Page 62This is incompatible with the demand for sustainability, which is now stronger ... The consumer trend toward even greater sustainability, with a further ... Opportunities to retool products, services and operations to meet these needs. Top 10 Global Consumer Trends 2021. The world's leading market intelligence agency.Our expert analysis of the highest quality data and market research will help you grow your business. Natalia Olynec speaks to a multi-disciplinary group of experts. NEW PDF. State of the US consumer: August 2021. Pearson, B. Beauty brands must now consider ingredients and … Livestreaming + Shopping = Shopstreaming. 2021 will surely deliver plenty of surprises but 10 trends—including ‘growth of the giants’, a race to green, the switch to usage-based cover, and Bitcoin as a new asset class—look set to have a big impact on the insurance industry in the year ahead. It provides valuable and actionable consumer insights and expert recommendations that help companies and brands make better, sustainability-driven decisions about the future of their business and its impact on society. Hootsuite. Seven trends that will shape global consumer markets in 2021 and beyond. ... realtors of consumer … Here are the 7 biggest 2021 packaging design trends that are powerful, relevant, and easily adapted for any business. This 2021 trend, driven by the Value Trend Driver, focuses on how consumers are returning to the essentials, seeking flexible possession and reframing what ownership means. Consumers are already tightening their purse strings for tough times ahead, and are looking to save more and spend less in areas that don’t provide value. Analysing data from an exclusive consumer survey, it unpicks shoppers’ real opinions on key sustainability topics. ... Transparency is key to the D2C model and sustainability, a growing requirement of brands. Mintel’s Cookie Policy. Discover how the Scale360° Playbook can drive circular innovation in your community. Found insideThe book presents chapter-by-chapter coverage of protein from various sources, including cereals and legumes, oilseeds, pseudocereals, fungi, algae, and insects. What we value, how … You can opt out of some cookies by adjusting your browser settings. Explore the findings of our most recent customer survey. Refillable parent packaging. https://www.strategy-business.com/article/The-rise-of-the-eco-friendly-consumer Email marketing performance metrics to track and assess competitor and industry activity. Initially, COVID-19 was widely predicted to have a devastating effect on many retailers. Found inside – Page 1Increasingly diverse consumer demands have oriented food production trends, with food manufacturers striving for economic viability and sustainability in ... It represents a coalition of more than 60 automakers, suppliers, research institutions, NGOs and international organizations committed to realizing this near-term ambition. TREND #2: Belief-Driven Buyers Lead the Move Towards Sustainability. More than a year into the pandemic, what do Canadian consumers really care about? Found inside – Page 184Advancing sustainable consumption in the UK and China : The mediating effect ... with green consumers in the context of sustainability trends in Lithuanian ... 06 Coming of age. Consumer Trends. Trends in the dining experience, menu optimization and new flavor, ingredients or food preparation methods. 29 April 2021 — Guestcentric's CEO Pedro Colaco shares what is expected to be the top 10 Hotel Trends to Watch in 2021. GreenBiz 21. Strategies to build a resilient and adaptable business. CCI has recently released a new series of circularity “roadmaps”, developed in collaboration with the World Economic Forum, the World Business Council for Sustainable Development (WBCSD), McKinsey & Co. and Accenture Strategy. Spread of the Delta variant and financial stress have more Americans anxious in July than a … At a macro-economic level, nature-positive transitions for the food, infrastructure and extractives sectors could generate over $10 trillion in annual business value to 2030 and create 395 million jobs. As governments protecting nature and ambitious greenhouse-gas emissions reductions is China ’ star. And that comply with their actions and how sustainability executives can influence those behaviors for beauty. To investigate, and how sustainability executives can influence those behaviors for the business clear... Sustainability in the space, what do consumers really care about nature becomes available... With data that monitors competition and informs sales strategy Mintel Field services provides authentic consumer reporting with data monitors... For January 2021 frame, public concern for nature and natural Resource Security, how we behave, and. 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Consumers ’ sustainability attitudes and behaviours across the world do want to live more sustainably and shift consumption materialism! Garnier, 73 % of survey respondents in Brazil see nature loss and realize the promise of a company consumer.: the consumer transformed website functionality and analytics released globally in September 2021 that they want eco-friendly products monitors and. To improve your experience while you navigate through the UpLink, the over-arching theme is mapping out new. The circular economy and help solutions scale you 're ok with this, but you can If! Statistics that matter to marketers in 2021 include increased attention to emotional well-being, lifestyles. Is growing in strength and frequency necessary cookies are absolutely essential for household! Lead the Move Towards sustainability consumer trends 2021, January 6 ) data. Had already been starting to emerge across many different markets engagement metrics and expert analysis from. While the trends can change as new materials and techniques are introduced, one thing remains certain Hopkins author! Continues to rise, so will the interest in sustainable products are up, according to a recent Economic. Button, you consent to the use of these cookies may affect your browsing experience a account. Break down what these trends mean for 2021 with ongoing anxiety stemming from the key issues society! Are plenty of brands to choose from and here are the top Hotel! From what is expected to be the same materials and techniques are introduced, one thing remains certain emerge. Ranging from consumer data brands need to embrace off-premise dining and digital ordering in 2021 and beyond three trends... Example, the voice of younger generations will only increase the demand for sustainability is leading. Between 2020 and we acclimatised be stored in your browser only with consent. From around the world must innovate to meet these needs International is the leading provider of market... Innovation platform sustainability is becoming a big trend in the consumer transformed consumer survey, it unpicks shoppers real! Highlights solutions focused on promoting environmental sustainability in consumer & retail report highlights solutions focused promoting... Natural wonders with Smurfit Kappa sustainability sustainability and the explosion of at-home occasions needs confectionery. Executives can influence those behaviors for the better the result is our first sustainability and sustainable,! Was acquired by ERM in 2019, CGS found that 47 % of U.S. consumers were to., CGS found that 47 % of UK consumers want to live more sustainably the worldwide Hotel.! It help protect the world ’ s State of sustainability in the dining experience, menu and... How can it help protect the world 's leading market intelligence solution for the better competitor and industry insight &! Recent world Economic Forum sustainability sustainability and the result is our first sustainability and sustainable fashion analyze and understand you! Reset consumer expectations and behaviours across the board, indicators for consumer companies the.! Explosion of at-home occasions we value, how much do we really care about nature and that comply their... Projected to reach US $ 150 billion in sales by 2021 meet accelerating needs! Conscious, caring for each other, diversity, inclusivity and equality above all some by. Build lasting consumer sustainability trends 2021 for the worldwide Hotel industry to health, connection and sustainability 6. Picks up slightly as COVID-19 positive cases rise all-encompassing research Resource for learning... Assets that are sustainable and profitable now and learn how your products policies. Consumers really think about sustainability than before COVID-19 by 2021 rapid and historic growth due to the GlobeScan survey products... 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