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 Industry Roundup |
Consumer Economics
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Conference Board Leading Economic Index for Euro area fell 1.0% in October to 110.8 following a 1.1% decrease in September; GDP growth projected to slow to 0.3% year-over-year in 2023
The Conference Board Inc. (11/21)
Euromonitor: European consumers buying more private-label goods could limit demand for branded organic products for next few years; organic product developers should explore new product categories, communicate benefits such as clean label, product origin
Euromonitor International Ltd. (11/18)
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Consumer Health & Wellness
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Studies find cinnamon extracts carry antimicrobial properties, contribute to slow down of nervous system degeneration, can regulate blood glucose; cinnamon is used to support health of patients with HIV, Alzheimer's, Multiple Sclerosis and diabetes
CE Noticias Financieras (Latin America) (11/21)
HHS releases Long COVID report providing insights and opportunities to support patient community; researchers catalog over 50 conditions linked to Long COVID, with an estimated 5% to 30% of those who have had COVID-19 having Long COVID symptoms
U.S. Dept. of Health and Human Services (HHS) (11/21)
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Consumer Lifestyle
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PAMSA survey finds 82% of South African consumers say paper is still part of their daily lives, from reading books, magazines to using labels, packaging; only 5% use 'very little' paper while 0.2% said they did not use paper in their daily lives at all
Sunday Star (11/15)
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Consumer Behavior/Attitudes
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Mintel's 2023 beauty trends are consumer refocus on themselves, move away from traditional beauty, ritualistic self-care, sustainability linked with localism; brands must adapt to mixed physical and digital service, new model with consumers as co-creators
CosmeticsDesign.com (11/18)
Survey of 2,000 Americans finds 58% say they have higher standards of cleanliness when traveling compared to the start of the pandemic; 82% say they would feel more comfortable staying someplace that has a cleaning program clearly visible to them
Ecolab Inc. (11/18)
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Health Concerns, Trends & Statistics
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Organicell Regenerative Medicine announces clinical trial of Zofin naturally derived, acellular, exosome-based therapeutic to treat Long COVID; Bloomberg reports Long COVID affects at least 140 million people worldwide
Accesswire (11/21)
More than 14% of high school students, 3% of middle school students report having vaped at least once in past 30 days, according to National Youth Tobacco Survey; most are influenced by their peers to experiment with vaping, pediatricians note
Public News Service (11/18)
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Health
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Cardiovascular/Heart Health
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Abbott Receives three CES 2023 Innovation Awards from Consumer Technology Assn. for advancements in health technology; Aveir single-chamber leadless pacemaker, Proclaim Plus SCS neurostimulation therapy system, Alinity m Monkeypox PCR test honored
PR Newswire (11/17)
Aurobindo Pharma recalls two lots of quinapril and hydrochlorothiazide tablets to treat hypertension due to nitrosamine contamination; distributors and customers to be notified by telephone and in writing to immediately stop distribution of recalled drugs
Tell Me Best (11/16)
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Dental & Oral Health
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University of Washington researcher says there is 'compelling evidence' that low-carb diets help prevent tooth decay, making fluoride --which has no tangible health benefits other than preventing cavities-- largely unnecessary
Health & Medicine Business Daily (11/18)
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Digestive/Gut Health
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AstraZeneca reports three new cancer drugs recommended for approval in EU; drugs include Imfinzi/chemotherapy combo treatment for biliary tract cancer, gastric cancer drug Enhertu, prostate cancer treatment Lynparza in combination with Abiraterone
City A.M. (UK) (11/15)
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Mental Health
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Authorities in central Japan distributes 6,000 toilet paper rolls printed with support messages, suicide-prevention hotline numbers to 12 regional universities; campaign aims to address growing number of suicidal young people, offer discreet ways to help
AFP World News (11/21)
Policies demanding reduced nicotine content in cigarettes may not have adverse impact on users with psychiatric disorders as previously thought, Penn State College of Medicine research shows
Contify Life Science News (11/17)
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Women's Health Issues
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US scientists dispel rumors that titanium dioxide in tampons is causing damage but call for further research into the impacts of overall tampon ingredients; P&G, Knix Wear and Thinx among brands facing lawsuits over ingredients, brand transparency
Undark (11/17)
Phthalates show causal link to increased growth of uterine fibroids, according to Northwestern Medicine research; up to 80% of women may develop a fibroid tumor in their lifetime, 25% of them becoming symptomatic
Northwestern University (11/16)
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Health Studies
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While most adults are aware of the importance of fruits and vegetables in their diets, many individuals overestimate the quality of their daily diets, according to new research from the American Heart Assn.
FoodNavigator.com (11/17)
Marijuana and e-cigarettes could have harmful effects on heart health similar to that of traditional cigarettes, according to University of California San Francisco study; all products can interfere with neural regulation of the heart, lead author says
CBS - 11 WJHL (Johnson City, TN) (11/16)
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Foodborne Illnesses
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Mounet Group to recall its Labneh soft unripened cheese in vegetable oil because of possibility of botulism poisoning following inspection by Canadian Food Inspection Agency; product has been sold in Quebec
Food Safety News (11/18)
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Nutritional
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Healthy Foods & Beverages
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Scientists study Roman chamomile herb extracts, identifying angelic, isobutyric, methacrylic acid esters and pinene as main essential oil volatiles; results may assist in development of food-grade flavorings, antioxidants, health beneficial preparations
Food Research International (11/17)
Customers are eager to return to restaurants and reclaim a sense of community in 2023, National Restaurant Assn. says in its annual forecast; top trends for 2023 include experiences/local culture and community, and flatbread sandwiches/healthier wraps
Nation's Restaurant News (11/16)
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Demographics
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Millennials & Gen Z
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Gen Z beauty trends include preference for sustainable features, clean beauty claims, price sensitivity, individual expression; Gen Z's participation in user-generated content makes social media, social commerce essential for brands: ResearchAndMarkets
Business Wire (11/17)
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Children
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Perdue Farms, Harry K Foundation join Food Bank of Delaware in annual 'Holidays For All' tradition to deliver over 400 meal boxes, Perdue chicken roasters to children and families in partnership with local schools ahead of the Thanksgiving holiday
Perdue Farms Inc. (11/21)
FDA approves Provention Bio's Tzield teplizumab-mzwv injectable, the first drug approved to delay onset of stage 3 type 1 diabetes in adults, children 8 years and older; drug carries price of US$193,900 for 14-day treatment
Formulary Watch (11/21)
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Age 55+/Seniors/Baby Boomers
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Study finds adoption of online grocery shopping among older adults is a result of a complex trade-off of situational variables, with health, mobility issues, distance to a store being the most important situational factors
Journal of Retailing and Consumer Services (11/17)
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Gender
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Sodexo releases second annual sustainability and CSR report, highlights include: 53% reduction of food waste using Leanpath's WasteWatch tool; 37% reduction in Scope 1, Scope 2 emissions, 25% in Scope 3 since 2017; 49% of all US managers are female
GlobeNewswire (11/21)
Study finds people who are female, have more available vehicles, higher income, health constraints or worry about COVID are more likely to choose online grocery shopping; consumers' attitude toward automated delivery is positive, subject to cost, safety
Transportation Research Interdisciplinary Perspectives (11/17)
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Ethnicity & Race
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Dark & Lovely will host pitch competition aimed at closing the opportunity gap for young Black women in celebration of its 50th anniversary; applicants will have a chance to win US$5,000 business grant to pitch how they envision the beauty industry
Happi (11/17)
CeraVe establishes fund at Howard University, a historically Black university with a Department of Dermatology, to help faculty further expertise, obtain certification and build infrastructure needed to conduct clinical trials with focus on skin of color
PR Newswire (11/16)
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Age
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Regeneron listed a new clinical trial to study efficacy of injectable REGN9933 in preventing blood clots after knee replacement surgery in adults
Contify Life Science News (11/17)
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Population/Demographics
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Commentary: World's baby shortfall is so bad that labor shortage will last for years, which means hiring will be harder and workers will have more leverage, economists predict; working age population in US, UK, Canada expected to fall 3% from 2026 to 2036
Fortune (11/17)
Planting Hope rolling out dual-language Canadian-compliant packaging for four RightRice Veggie Rice flavors at Walmart stores across Canada; the move follows Planting Hope committing in Q2 to launching the dual-language packaging for several of its brands
Accesswire (11/15)
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Fitness
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Fitness, Exercises & Sports
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Il Makiage becomes official beauty partner of Arsenal Women, will have presence at Meadow Park and Emirates Stadium and add multi-channel marketing campaigns; partnership aims to expand Arsenal Women into new audiences, elevate impact of women's football
Business Wire (11/17)
UnitedHealthcare offering access to Life Time athletic clubs in 29 states to UnitedHealthcare Medicare members with plans that include the Renew Active fitness program; over 10 million Renew Active members are eligible for the program
Business Wire (11/16)
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Wearable Devices
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Medtronic launches infusion set in US for MiniMed 600, 700 series insulin pumps that doubles wear time up to seven days; reduction in changes reduces unrecoverable insulin, saves up to 25% in annual insulin costs, reduces plastic waste by up to 50%
PR Newswire (11/15)
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Consumer Wellness
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