News

8 Nov 2023

The Japan Crop Protection Chemicals Market Was Valued At More Than Usd 3 Billion In 2021. X Herald

Japan has a rich agricultural heritage and a long-standing commitment to technological advancements. Crop protection chemicals play a crucial role in sustaining the nation's agricultural productivity and safeguarding food security. These chemicals encompass various pesticides, herbicides, fungicides, and insecticides that protect crops from pests, diseases, and weed competition. However, their use has also raised concerns about environmental impact and human health. Striking a balance between agricultural innovation and environmental sustainability remains a top priority for Japan's crop protection industry. Japan, like many other countries, faces the challenge of balancing agricultural productivity with environmental conservation.

8 Nov 2023

Petcare D2C Startup Wiggles Raises $5.5 Mn To Create More ?Category-Creating? Products

Wiggles has launched many category-creating products like their Instant Pet Sanitizer and CannaPaw, a hemp-based pain relief oil. The startup had earlier raised $1 Mn in funding from angel investors. According to research published by Bonafide Research, the Indian pet care market is expected to reach INR 5,457 Cr by 2025, growing at a CAGR of 19% or more. Wiggles competes in this market alongside Heads Up For Tails, Supertails, Dogspot.in, Waggle.in, Doggie Dabbas, and others.

8 Nov 2023

German cheese: The best types to try

A Bonafide Research report from 2022 found that the most popular cheeses in Germany were actually ?foreign cheeses?, with mozzarella, Gouda and Emmental ranking in the top three. However, other local cheeses like Holsteiner Tilsiter, Allg?uer Bergk?se, Hirtenk?se, Bavaria Blu, Harzer, Allg?uer Emmentaler, Butterk?se, Cambozola and Limburger are also popular in Germany.

8 Nov 2023

4 lingerie brands that should be on your radar

Lingerie, a category that historically promoted unrealistic beauty standards, has slowly transformed into a space where all bodies are celebrated. And considering how far lingerie has come, it?s no surprise that the category is heating up. As consumers continue to push brands to become size and body inclusive and promote more positive messaging, those that aren?t able to keep up are inadvertently making way for new, modern brands. ?There is a misconception that you purchase lingerie for the benefit of someone who is lucky enough to see you in it, but it can be very empowering to wear lingerie for yourself. Wearing lingerie makes you feel more confident, boosts your mood and, hopefully, makes what you?re wearing on top look even better,? Jennifer Zuccarini founder and CEO of luxury lingerie brand Fleur du Mal told Glossy. According to research and marketing firm Bonafide Research, 2022 was a big year for the category. That was thanks to trends like consumers wearing lingerie as outerwear, as well as newcomer brands making a splash. Bonafide Research valued the global lingerie market at $79 billion and expects it to reach $114 billion by 2028. As Zuccarini explained, lingerie is no longer thought of as something you wear for someone else, which has opened up the category to exciting, new trends. For instance, Vivienne Westwood singlehandedly redefined the purpose of the corset, making it one of the most iconic fashion staples in the ?80s. And popstar Rihanna?s lingerie company, Savage x Fenty, disrupted the industry with its expansive and inclusive sizing and marketing.

8 Nov 2023

The Senior Zone: How the ?elderly? market in India is lucrative

The current Indian adult diaper market stands at Rs 350 crore and is expected to ?grow significantly due to increasing healthcare standards in the country?, as per consultancy Bonafide Research?s report, titled India Diapers Market 2021. Old is Gold has been the witness to massive demand pertaining to the issue. ?Consumables that include adult diapers, under pads, mobility aids and toilet aids constitute a bulk of our sales,? says Prithviraj.

8 Nov 2023

Pet food brand LUVIN raises Rs 2.4 Cr

Pet food brand LUVIN has raised Rs 2.4 crore or $300K in an angel round from M.V. Nair, a Gujarat-based family office of Possible Ventures and others. According to LUVIN, the funds will be used to expand its portfolio, strengthen marketing efforts, and step up its presence pan-India. Founded by Ipshit Bhattacharya and Meghna Bhattacharya, Fabulicious, the parent company of LUVIN, has launched 12 products in the D2C pet food space. The brand went live with its first product under ?LUVIN? in July last year. Out of 12, three products are manufactured in Europe while the rest are formulated and manufactured in-house. LUVIN directly competes with the likes of Heads Up for Tails, Pawfect.xyz, Supertails, Wiggles, Goofy Tails, and Just Dogs among others. Heads up for Tails is the biggest player in the pet care space which raised the largest Series A round ($37 million) in August 2021. Delhi-based Goofy Tails recently secured $500K in its seed funding round from BeyondSeed, The Chennai Angels and others. According to a Bonafide Research report, the Indian pet care industry is expected to reach Rs 5,474 crore by 2025, with a CAGR of more than 19 percent.

8 Nov 2023

With 85 SKUS, this D2c brand is a one-stop destination for men?s grooming products

According to the report, ?India Men?s Grooming Market Outlook, 2027-28? published by Bonafide Research and Marketing, the market is expected to grow with a CAGR (compound annual growth rate) of more than 11% during the forecast period with more than Rs 31,000 crore market size.

8 Nov 2023

India Namkeen Market Overview, 2018-2023

Indian consumers seem to have recovered their taste for traditional snacks with impressive growth rate of local and regional players in Last couple of Years: Bonafide Research "The snack market has recently seen a boom in the number of traditional snack manufacturers who produce packaged products but it is very essential for them to develop a sound strategy and have an in-depth knowledge of their target consumers." After 2001, India has seen a massive change in Snack food market. The meaning of snack has been redefined from chips and cookies to beverages, mini-meals and even three items on the plate. There is a rise in demand of snacks market which drives manufactures to grow and operate in this segment lucratively. Due to the busier lifestyle in the recent past, the demand for convenient products has increased a lot with the thrust of packaged food in India. With the advancement of technology, urbanization, increase in purchasing power, growth in female work population, expansion of nuclear families has augmented the business of the packaged snack food and attracted a large mass toward the snack market in India. In order to save time, people are gradually shifting to ready to eat food items. And the growth rate of the packaged food market has been remarkable in last five years.

8 Nov 2023

Mother's Recipe launches poha in regular & no onion no garlic variants

Sanjana Desai, head, business development, Desai Brothers Ltd ? Food Division (Mother?s Recipe), said, ?As per Bonafide Research?s recent report titled India Ready-To-Mix Market Outlook-2021, the ready-to-mix market was growing with a compound annual growth rate (CAGR) of 13.22 per cent in the last five years and is expected to double by 2021.? ?This growth can be attributed to the changing lifestyles of our time-deficient consumers, coupled with the rising number of nuclear families in young India and men and women both shouldering multiple roles. Keeping this in mind, a thoughtfully-designed product ticks all the boxes of convenience, nutrition and taste,? she added.

8 Nov 2023

India's breakfast cereal market has grown over 22% per year since 2009 as America?s cereal industry awaits a full recovery.

Bonafide Research's recent report 'India Breakfast Cereal Market Outlook, 2021', said only a handful of companies - Kellogg?s India, Bagrry and PepsiCo Quaker - command 75% of the market, leaving room for competitors. To put India?s numbers in perspective, Euromonitor said in a November 2014 report that the US cereal retail value sales are expected to drop 8% from 2014 to 2018. Companies, such as Kellogg, have realized how important these burgeoning markets are and have spoken extensively about targeting emerging cereal markets.

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