The global alcoholic beverages industry is thoroughly equipped to face the most cataclysmic business calamity. While the probability of a swift decline in the consumption of aerated drinks, coffee, tea and other such beverages isn’t high, substitution by other ‘healthier’ options is quite a possibility. Especially where alcoholic drinks are concerned — can the growing…
From being a conceptual buzz to emerging as a mainstream business discussion, blockchain technology has touched a wide range of industries. This takes us back to the WEF prediction that by 2027, close to 10% of the global GDP will be accounted for using blockchain. One geographical region which is witnessing a major surge of…
In most cases, the IT industry can play a significant role in boosting the economy of a nation. The IT market in Australia however, isn’t as well developed or extensive as that of the US or Japan. Irrespective of this, the former is all set to experience a decent growth spike in the upcoming years….
In the last couple of years, no other topic has amassed such a polarized fan following as that of cryptocurrencies. Indeed, while a vast majority are curious, encouraged no doubt by Bitcoin’s impressive run in 2017, there has been skepticism as well. Bitcoin and the altcoin market aren’t universally recognized by many countries and that…
April has already proved very eventful for Technavio in the media. The company’s market research reports have formed the basis of some excellent deductive work, and media outlets have graciously quoted these insights. Here’s a peek at some of the more prominent of these media mentions. For success in the fast food industry, be the…
The food truck industry has witnessed steady growth in the past two decades. With close to 5,000 trucks employing roughly 16,000 workers throughout the US, the food truck business is one of the fastest growing segments in the food industry. According to our experts in the food and beverages sector, the following are the five reasons…
‘Coffee and smoking are the last great addictions’ goes the popular quote, and nowhere else is this axiom put to better practice than in Germany. Judging by the various German coffee brands and the ever-incrementing numbers of coffee aficionados, this non-alcoholic beverage is indeed finding favor in the affluent European country that has traditionally been…
The beautiful thing about wealth management is the fact that it’s an iterative process. The lessons of the year before will serve as the bedrock for decisions this year, and so forth. So, what have we learnt in 2017? And what impact will any of it have on how the world manages its finances in…
The global food and food processing industry is on the threshold of a major alteration. Food technologies like bio-innovation, robotics, gene editing, and AI have redesigned the way in which we produce food and manage demand. As the population has increased at a rapid pace, the quantity of agricultural yield has gained a lot of…
Technology is innovating and improving constantly. This fact hits home the hardest when the resources we commonly use are upgraded, connected and made infinitely more accessible. Take the television for instance. The television industry has been at the leading edge of this constant digital disruption. The digital transformation of the media and entertainment industry has given rise to…
