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SOURCE Kantar Worldpanel
LONDON, May 14, 2014 /PRNewswire/ --
Only 16 global FMCG brands were chosen by consumers more than one billion times last year. This was the key finding of Kantar Worldpanel's Brand Footprint study of the 50 Most Chosen Global FMCG Brands. The research also highlighted the scale of the opportunity that exists for global expansion, with the average global penetration of the Top 50 brands being just 20%.
In its second year, Kantar Worldpanel's Brand Footprint ranking and report outline the winning strategies that the most successful global FMCG brands are employing as well as the key global consumer and industry trends. The ranking reveals the brands that are being bought by the most people, the most often, in 35 countries around the world, across the food, beverage, health and beauty and homecare sectors.
FMCG manufacturers that want to convert more households around the world into loyal customers must compete with established and often dominant local brands. Kantar Worldpanel's report highlights that local brands are growing their footprints almost twice as fast as global brands, with an average annual growth rate of 2%, compared with 1.2% for global brands. Local brands account for 60% of global FMCG shopping choices and were chosen 129 billion times last year.
However some global brands stand out. Coca-Cola, which remains the world's most chosen brand for the second year, was chosen more than 5.8 billion times in the last year. The beverages manufacturer was chosen an additional 124 million times in the last year (a growth of 2% which came mainly from Latin America). P&G's fabric softener brand Downy grew its reach by 26%, adding 9.5 million new households to its consumer base in the last year. The world's favourite biscuit brand Oreo added the most new buyers - 19 million in the last year - equivalent to the total number of households in the Philippines.
Josep Montserrat, Global CEO of Kantar Worldpanel, says: "Growth is top of the agenda for all FMCG companies, but there is no single path to prosperity. They are looking for new shoppers, new occasions, new markets, and are investing in the creation of innovative new products. The Brand Footprint report highlights the opportunities that exist for every brand with global aspirations to expand its consumer base. It provides an essential guide for FMCG manufacturers on their journey to increase the dominance of their brands in the world's fastest growing markets."
The top 16 global FMCG brands revealed by Kantar Worldpanel's Brand Footprint study - all of which were chosen more than one billion times in the last year - are:
Consumer Reach Consumer Points Reach Points Penetration Frequency growth % Rank Brand (Billion) % of purchase 2013 v 2012 1 Coca-Cola 5.8 44.0% 14 +2% (Coke) 2 Colgate 3.7 63.4% 6 +3% 3 Nescafé 2.2 23.8% 10 -4% 4 Maggi 2 31.2% 7 +4% 5 Pepsi 1.9 26.2% 8 +2% 6 Knorr 1.7 30.1% 6 -0.2% 7 Lifebuoy 1.7 25.5% 7 -1% 8 Lay's 1.5 26.0% 6 +7% 9 Pantene 1.3 28.4% 5 -6% 10 Kraft 1.3 17.8% 8 -1% 11 Dove 1.3 33.7% 4 +5% 12 Palmolive 1.2 19.8% 6 +1% 13 Lux 1.1 31.7% 4 -1% 14 Nestlé 1.1 29.4% 4 +3% 15 Tide 1.1 26.4% 4 -4% 16 Surf 1.1 13.8% 8 +3%
Brand Footprint reveals some key global FMCG market trends, including:
Brand and category highlights in the Brand Footprint ranking include:
Virginia Garavaglia, Global Brand Footprint Project Director and author of the Brand Footprint report, says: "The brands in the Brand Footprint ranking are masters at making their brands matter to consumers, solving functional needs and making life easier while bringing significance to people's lives beyond mere consumption."
NOTES TO EDITORS:
To access the full global, regional, country and sector rankings and a complete index of the brands included in the Global Top 50, please visit http://www.kantarworldpanel.com/brandfootprint
Brand Footprint Methodology
Kantar Worldpanel's Brand Footprint is based on research from 63% of the global population; a total of 956 million households across 35 countries, and 68% of the global GDP. The complete ranking comprises over 200 FMCG categories tracked around the world by Kantar Worldpanel across the beverages, food, health and beauty, homecare, alcoholic drinks, confectionery and nappies sectors. The ranking is based on an innovative metric created by Kantar Worldpanel called Consumer Reach Points, which measures every time a consumer chooses a brand. The data for this year's ranking was collected over the 52 week period between October 2012 and October 2013. All data relates to purchases that are brought into the home.
About Kantar Worldpanel
Kantar Worldpanel is the world leader in consumer knowledge and insights based on continuous consumer panels. Its High Definition Inspiration™ approach combines market monitoring, advanced analytics and tailored market research solutions. With over 60 years' experience, a team of 3,000, and services covering more than 50 countries Kantar Worldpanel's expertise in measuring, explaining and advising on shopper and consumer behaviour has become the market currency for brand owners, retailers, market analysts and government organisations globally. For further information, please visit us at http://www.kantarworldpanel.com and follow us on Twitter https://twitter.com/K_Worldpanel #BrandFootprint
For further information please contact:
Teresa Horscroft, Global PR Consultancy for Kantar Worldpanel
Claire Burgess, Senior Media and Communications Manager, UK, Ireland and the USA
Tel: +44(0)20-8967-1663. Mobile: +44(0)7736-039904
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