Global News and Digital Insights
for the Consumer Goods Industry

March 11, 2022

Fortis launched a Mental Healthcare Initiative for organisations to combat stress and workplace anxiety

ConsumerGeniuses March 11, 2022

Indian-based Fortis, a healthcare organisation, has announced the launch of a Workplace Mental Healthcare Initiative to take care of employees’ mental health. The firm is determined to provide mental health solutions to corporate organisations where employees can interact with a psychologist in real-time from their workplaces. According to WHO, approximately 280 million individuals suffer from anxiety and depression disorders while the work pressure further aggravates the situation. Fortis’ initiative would enable the organisations to safeguard their employees’ mental health which would ultimately lead to better working performance. Read more from Businessstandard

Danone focuses on four areas to expand its sales and market presence

ConsumerGeniuses March 11, 2022

Danone has reshaped its organisational targets and now plans to focus on four core areas to expand its like-for-like sales up to 3% to 5%. These four pillars include strategic expansion of its segments, geographical presence, and channels along with investment in growth-driven opportunities and rotation of its portfolio. The firm plans to branch out in China by investing in plant-based companies. The firm is ambitious to generate financial results from the following major geographical zones, including the US, Middle East, Canada, China, Japan, Australia, New Zealand, Southeast Asia, Latin America, CIS, Africa, and Turkey. Danone expects that 2023 and 2024 would be the years of significant growth and revenue. Read more from Foodbusinessnews

Weekly snapshot of top trends in CG industry

ConsumerGeniuses March 11, 2022

This is the weekly snapshot of top trends from the Consumer Goods industry in the past week (1st March-04th March). We have covered different categories, including AI & Robotics, Sustainability, Consumer Trends, Direct to Consumer, and Digital Supply Chain.

General Mills is expanding in North America by investing in data and analytics

ConsumerGeniuses March 11, 2022

General Mills has given a new shape to its organisational structures by investing in analytical data to leverage its scale and market in North America. The brand is merging its Asian, Latin American, European, and Australian segments into a single reporting unit. General Mills now features four prime segments: North American foodservice, pet, North American retail, and international. With the help of predictive analytics, General Mills’ internal Venture Studio (G Works) is manufacturing alternative cheese line via fermentation. Its external venture capital arm (301 Inc) is investing in a plant-based meat company, Everything Legendary, targeting the vegan Black American community. Both these projects help General Mills achieve three growth-driven opportunities: prioritising consumer personalisation, climate change impact on food, and tech empowered convenience. Read more from Consumergoods

Unilever assured more responsible nutrition targets after strong urge from investors

ConsumerGeniuses March 11, 2022

As health is the top trend among consumers, investors have strongly encouraged the food giant, Unilever, to take a serious account of consumers’ health. Unilever, in return, has guaranteed to present its updated nutrition benchmarks for sweet products. U.K.’s regulations against high fat, salt, and sugar, and Europe’s Nutri-Score would review Unilever’s product public report among other 4 government official departments. Global markets including the UK, US, and China would be able to go through the assessment report annually, from October. Read more from Bnnbloomberg

MedCrypt offers cybersecurity solutions to three surgical robots manufacturers to boost secure clinical care

ConsumerGeniuses March 11, 2022

MedCrypt, an American cybersecurity solution provider to the manufacturers of surgical robots, has expanded its client network by offering services to three companies. With MedCrypt’s cybersecurity solutions, these companies would be able to develop secure and safe interoperable system suites. As per the Verified Market Research, the market for the surgical robot will hit a valuation of $22.2 billion by 2028, promoting robotics, visualisation, and AI in minimally invasive surgeries. These advancements require security and protection to safeguard the health of patients and innovative clinical care. MedCrypt’s cybersecurity solution features Heimdall (tracks security vulnerabilities), canary (real-time data recorder), and cryptography (manages and protects cryptographic implementations and data). MedCrypt helps the firm develop strong medical device strategies, including secure development lifecycle (SDLC) processes, regulatory strategy, and business strategy. Read more from Prnewswire

Fortis launched a Mental Healthcare Initiative for organisations to combat stress and workplace anxiety

ConsumerGeniuses March 11, 2022

Indian-based Fortis, a healthcare organisation, has announced the launch of a Workplace Mental Healthcare Initiative to take care of employees’ mental health. The firm is determined to provide mental health solutions to corporate organisations where employees can interact with a psychologist in real-time from their workplaces. According to WHO, approximately 280 million individuals suffer from anxiety and depression disorders while the work pressure further aggravates the situation. Fortis’ initiative would enable the organisations to safeguard their employees’ mental health which would ultimately lead to better working performance. Read more from Businessstandard

Danone focuses on four areas to expand its sales and market presence

ConsumerGeniuses March 11, 2022

Danone has reshaped its organisational targets and now plans to focus on four core areas to expand its like-for-like sales up to 3% to 5%. These four pillars include strategic expansion of its segments, geographical presence, and channels along with investment in growth-driven opportunities and rotation of its portfolio. The firm plans to branch out in China by investing in plant-based companies. The firm is ambitious to generate financial results from the following major geographical zones, including the US, Middle East, Canada, China, Japan, Australia, New Zealand, Southeast Asia, Latin America, CIS, Africa, and Turkey. Danone expects that 2023 and 2024 would be the years of significant growth and revenue. Read more from Foodbusinessnews

Weekly snapshot of top trends in CG industry

ConsumerGeniuses March 11, 2022

This is the weekly snapshot of top trends from the Consumer Goods industry in the past week (1st March-04th March). We have covered different categories, including AI & Robotics, Sustainability, Consumer Trends, Direct to Consumer, and Digital Supply Chain.

General Mills is expanding in North America by investing in data and analytics

ConsumerGeniuses March 11, 2022

General Mills has given a new shape to its organisational structures by investing in analytical data to leverage its scale and market in North America. The brand is merging its Asian, Latin American, European, and Australian segments into a single reporting unit. General Mills now features four prime segments: North American foodservice, pet, North American retail, and international. With the help of predictive analytics, General Mills’ internal Venture Studio (G Works) is manufacturing alternative cheese line via fermentation. Its external venture capital arm (301 Inc) is investing in a plant-based meat company, Everything Legendary, targeting the vegan Black American community. Both these projects help General Mills achieve three growth-driven opportunities: prioritising consumer personalisation, climate change impact on food, and tech empowered convenience. Read more from Consumergoods

Unilever assured more responsible nutrition targets after strong urge from investors

ConsumerGeniuses March 11, 2022

As health is the top trend among consumers, investors have strongly encouraged the food giant, Unilever, to take a serious account of consumers’ health. Unilever, in return, has guaranteed to present its updated nutrition benchmarks for sweet products. U.K.’s regulations against high fat, salt, and sugar, and Europe’s Nutri-Score would review Unilever’s product public report among other 4 government official departments. Global markets including the UK, US, and China would be able to go through the assessment report annually, from October. Read more from Bnnbloomberg

MedCrypt offers cybersecurity solutions to three surgical robots manufacturers to boost secure clinical care

ConsumerGeniuses March 11, 2022

MedCrypt, an American cybersecurity solution provider to the manufacturers of surgical robots, has expanded its client network by offering services to three companies. With MedCrypt’s cybersecurity solutions, these companies would be able to develop secure and safe interoperable system suites. As per the Verified Market Research, the market for the surgical robot will hit a valuation of $22.2 billion by 2028, promoting robotics, visualisation, and AI in minimally invasive surgeries. These advancements require security and protection to safeguard the health of patients and innovative clinical care. MedCrypt’s cybersecurity solution features Heimdall (tracks security vulnerabilities), canary (real-time data recorder), and cryptography (manages and protects cryptographic implementations and data). MedCrypt helps the firm develop strong medical device strategies, including secure development lifecycle (SDLC) processes, regulatory strategy, and business strategy. Read more from Prnewswire

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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