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Euromonitor: Asia Pacific saw polarized growth rates over 2018-2023 in packaged food sales across markets, but emerging brands beyond leading players expanded, indicating vibrant competitive landscape and a bright spot for new entrants

Euromonitor: Latin America among most dynamic regions for pet care industry and projected to have yearly growth rate of 5% in constant prices from 2023 to 2028; region's average expenditure on pets exceeds worldwide average by 22%

Euromonitor's 2023 survey reveals fragrance usage preferences, with 44% of global consumers using scents daily, and highest usage in Latin America, Middle East/Africa; millennials favor niche fragrances, and Gen Z prefers designer brands

Euromonitor: Global commodity market outlook uncertain due to subdued economy, geopolitical tensions and Red Sea crisis; food commodity prices expected to continue downward trend over 2024, while prices of key industrial metals should remain stable in Q1

Euromonitor: Pharmacies in Latin America emerge as popular retail channel for beauty/wellness products, increasing penetration in the sector; direct sellers still dominate market, but 2024 holds challenges amid digitization, economic uncertainty

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