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Insight of the Day: Unilever to ditch €1bn of food brands, premiumise and quadruple innovation

Findings

  • Unilever is streamlining its portfolio, divesting €1 billion worth of non-core food brands, focusing on its power brands, and emphasizing premiumisation and innovation.

  • The company plans to quadruple investment in innovation to align with shifting consumer expectations.

Key Takeaway

  • Fewer, stronger brands combined with premium offerings and bold innovation are at the heart of Unilever's growth strategy, reflecting the need to stay relevant in a competitive and evolving market.

Trend

  • A dual focus on premiumisation and innovation, driven by consumer demand for quality and differentiation.

Consumer Motivation

  • Consumers are motivated by a desire for high-quality, innovative, and premium products that align with their lifestyle aspirations and values.

What is Driving the Trend

  • Shifts in consumer preferences towards higher quality and health-conscious options.

  • Competition in the food and beverage market driving companies to innovate.

  • Market fragmentation requiring brands to focus on areas of strength.

People the Article Refers To

  • Unilever executives, investors, and stakeholders involved in strategic planning.

  • Consumers, particularly Millennials and Gen Z, who seek premium, innovative products.

Description of Consumers

  • Consumers are health-conscious, environmentally aware, and willing to pay more for premium, innovative products.

  • Target age range: 18–45 years, urban, digitally connected, and brand-loyal when value aligns with personal beliefs.

Conclusions

  • Unilever’s strategy reflects a broader industry shift where brand strength, premiumisation, and innovation are critical for growth.

  • Divestments allow for a sharper focus on high-performing categories.

Implications for Brands

  • Brands need to innovate boldly and focus on premium segments to meet consumer demands.

  • Streamlining product portfolios ensures better resource allocation and stronger market positioning.

Implications for Society

  • Promotes higher standards in food quality and sustainability.

  • Encourages the adoption of healthier and premium lifestyles.

Implications for Consumers

  • Access to better-quality and more innovative products.

  • Likely higher price points but justified by improved value.

Implication for Future

  • The trend will push the industry towards continuous premiumisation and innovation, making quality and sustainability non-negotiable.

Consumer Trend

  • The growing appeal of premium and innovative food offerings.

Consumer Sub-Trend

  • Focus on health-conscious and sustainable products within premium segments.

Big Social Trend

  • Consumers prioritizing quality, innovation, and sustainability over quantity.

Local Trend

  • Regional adaptation of premium and innovative products to align with local preferences.

Worldwide Social Trend

  • A global push towards premiumisation and experiential consumption.

Name of the Big Trend Implied by Article

  • "Premium Innovation Economy"

Name of Big Social Trend Implied by Article

  • "Elevated Consumer Expectations"

Social Drive

  • Evolving consumer values emphasizing quality, health, and innovation.

Learnings for Companies to Use in 2025

  • Streamline portfolios by focusing on high-performing and premium segments.

  • Invest heavily in innovation and sustainability to align with consumer demands.

  • Understand and leverage consumer insights to enhance brand loyalty.

Strategy Recommendations for Companies to Follow in 2025

  1. Focus on Power Brands: Concentrate resources on the most successful brands that resonate with consumers.

  2. Innovate Boldly: Develop groundbreaking products that cater to emerging preferences, like health and sustainability.

  3. Premiumise Offerings: Introduce higher-quality versions of existing products or entirely new premium lines.

  4. Enhance Consumer Engagement: Use technology to create personalized and immersive consumer experiences.

  5. Sustainability as Core Strategy: Integrate sustainability into product design, sourcing, and marketing to meet consumer expectations.

Final Sentence

  • The main trend is that "premiumisation and innovation are redefining the F&B sector as companies streamline portfolios, focus on power brands, and cater to evolving consumer expectations for quality and differentiation."

What Brands Should Do in 2025

  • To Benefit: Double down on premiumisation and innovation by aligning products with consumer values of quality, sustainability, and innovation.

  • How to Do It: Focus on fewer but stronger brands, invest heavily in R&D, and ensure sustainability is at the core of brand narratives and operations.

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