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Consumer

Taiwan baby food sales will expand through 2028 despite falling birth rates and high inflation, says GlobalData

The decline in live births, high inflation, and government initiatives to promote breastfeeding are constraining baby food consumption in Taiwan (Province of China). However, as consumers revert to the hectic pre-pandemic lifestyles, and more women join the workforce, value sales of baby food will increase in the coming years. As a result, Taiwan’s baby food […]

Oil & Gas

Trunk pipelines to dominate upcoming midstream project starts in US during 2023–2027, finds GlobalData

The trunk/transmission pipeline segment is set to dominate upcoming midstream oil and gas projects in the US, accounting for about 46% of the project starts between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘North America Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, […]

Consumer

Connecting with gender equality issues can help Indian cosmetics brands win consumer loyalty, says GlobalData

Two Indian cosmetics brands, Lakmé and Sugar Cosmetics, launched distinct marketing campaigns highlighting the theme of women’s empowerment to mark International Women’s Day 2023. Through campaigns linked to relevant social causes, such as women’s rights, these brands are connecting with young Millennial and Gen Z cohorts, who will power the future growth of the $16 […]

Oil & Gas

India will be second biggest contributor to upcoming petrochemical project starts in Asia through 2027, says GlobalData

India is set to be the second biggest contributor to the total upcoming petrochemical project starts in Asia, as the country is likely to see the start of operations of 279 petrochemical projects from 2023 to 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Petrochemicals New Build and Expansion Projects Analysis […]

Pharma

Diagnosed prevalent cases of systemic lupus erythematosus in 7MM to reach 0.58 million by 2031, estimates GlobalData

The diagnosed prevalent cases of systemic lupus erythematosus (SLE) in the seven major markets (7MM*) are projected to increase from 0.55 million in 2021 to 0.58 million in 2031, registering an annual growth rate (AGR) of 0.51%, estimates GlobalData, a leading data and analytics company. SLE is a complex multi-system autoimmune disease in which the immune […]

Medical Devices

GlobalData forecasts global colonoscope market to reach nearly $6 billion by 2030

With March being Colorectal Cancer Awareness Month in Canada, there is a renewed public awareness and attention towards this deadly disease and how it is screened, diagnosed, and treated. A critical component in this process is the use of colonoscopes to confirm suspected cases of colorectal cancer, the global market for which is forecast by […]

Consumer

Philippines exporters eye growing market for healthy convenience foods in Middle East, says GlobalData

The Philippines Department of Trade and Industry promoted Filipino food through its “Outbound Business Matching Mission” in Kuwait, Qatar, and the UAE in February 2023. The trade body aims to tap the growing demand for healthy convenience foods in the Middle East. The demand in the region is spurred by strong household purchasing power despite […]

Oil & Gas

Oil and gas leaders target to become competitive in renewable energy space, says GlobalData

Oil and gas companies held little over 1% of the total installed renewable energy capacity globally in 2022, in a market that is dominated by traditional power producers. Renewable power generation across the world is expected to grow at a compound annual growth rate (CAGR) of 6.9% between 2022 and 2030, while the share of […]

Pharma

Price cap move will help Eli Lilly remain dominant player in insulin market, says GlobalData

Eli Lilly recently announced that it will reduce the price of its insulin Humalog by 70% in the US and cap the out-of-pocket cost for those on commercial insurance at $35 per month. This is the second time Lilly has significantly reduced the cost of its insulin after lowering the list price of Humalog by […]

Pharma

New RSV therapies may accelerate the emergence of drug-resistant strains, says GlobalData

Given the large market potential and high unmet need for new respiratory syncytial virus (RSV) therapies, drug developers have been focused on new vaccine and monoclonal antibody (mAb) development. A vaccine for RSV has yet to be approved anywhere around the globe. However, recent advances in the field have led to the priority review of […]

Business Fundamentals

Fall of Silicon Valley Bank, Signature Bank, and Silvergate Capital could invite trouble for few more US banks, says GlobalData

Following the collapse of tech-focused US banks such as Silicon Valley Bank, Signature Bank, and Silvergate Capital Corp; Murthy Grandhi, Analyst at GlobalData, a leading data and analytics company, offers his view: “Over the last week, the US banking stocks plummeted following the crisis engulfing Silicon Valley Bank. Collectively, the US banks lost over $267 […]

Consumer

Coles looks to capitalize on growing Thailand health food and drinks market, says GlobalData

Australian retail company Coles has recently signed an agreement with Thai retailer Central Food Retail Company (CFR) to sell 200 “Coles Own Brand” products in Thailand. The deal will unlock new opportunities for Australian farmers and producers in the dynamic Thai food and drinks market, which is set to expand by 5.7% compound annual growth […]

Pharma

Clene’s CNM-Au8 could target vision problems in multiple sclerosis, says GlobalData

Clene has recently presented updated trial results for its Visionary MS Phase II trial, in which its lead pipeline candidate, CNM-Au8, is being investigated as a treatment for relapsing forms of multiple sclerosis (MS) with chronic optic neuropathy*. The agent has a first-in-class mechanism of action within the MS portfolio, as it is the first […]

Pharma

Merck’s MK-0616 holds potential to become first oral PCSK9 inhibitor in dyslipidemia market, says GlobalData

Merck recently unveiled the Phase II clinical data for MK-0616, an investigational oral cholesterol-lowering drug, revealing that it significantly reduced low-density lipoprotein (LDL) cholesterol in adults by 41.2% at the lowest dose of 6mg and 60.9% at the highest dose of 30mg at week 8 in patients with hypercholesterolemia and atherosclerotic cardiovascular disease (ASCVD), with […]

Retail

Sephora’s UK store opening will tempt shoppers away from Boots and Superdrug but providing value for money is vital to its cement long-term success, says GlobalData

Following the news that Sephora is opening its first UK store in Westfield White City on Wednesday 8th March 2023, after its previous exit from UK physical locations in 2005: Sofie Willmott, Lead Analyst at GlobalData, offers her view: “Sephora may have only announced the opening of a solitary store in the UK, but the […]

Technology

MWC 2023 highlights APIs and NaaS as vital tools for telco monetization, says GlobalData

GlobalData, a leading data and analytics company, sent a contingent of analysts to MWC 2023 and among the many engaging conversations with vendors and telecom service providers one topic was ever present: How can telcos make money from investment in next-generation technologies such as 5G? GlobalData’s latest report, ‘MWC 2023 Review: 5G and Private Networks […]

Consumer

Calbee eyes China, North America expansion to counter decline in Japan savory snacks market, says GlobalData

Japanese snack brands company Calbee plans to invest $1 billion over the next three years in mergers and acquisitions, equipment upgrades, and automation to boost efficiency and accelerate growth. The move forms part of the company’s plan to establish itself as a “Made in Japan” brand in China and North America, diversifying its geographic footprint […]

Retail

CRC eyes tourism-driven growth in Thailand and Vietnam for retail expansion, says GlobalData

Thai retail company Central Retail Corporation (CRC) announced an investment of THB 28bn (US$ 826.6mn) in February to expand its presence in its core markets Thailand, Vietnam, and Italy in 2023. The investments come in as a response to the slow return of the travel and tourism sector to normalcy after the adverse effects of […]

Consumer

Tim Hortons taps Marubeni to capitalize on booming Southeast Asia coffee culture, says GlobalData

Tim Hortons Asia-Pacific recently announced an exclusive agreement with Marubeni Growth Capital Asia (MGCA) to launch its cafes across Singapore. The two companies are also in discussions to expand their collaboration to Malaysia and Indonesia. With the partnership, Tim Hortons is gearing up to tap the post-pandemic revival of the estimated $2 billion coffee & […]

Oil & Gas

Oil and gas industry overall contract value increased in 2022, reveals GlobalData

The roller coaster ride during the COVID-19 pandemic appears to be coming to an end, with contract activity returning to normal for the global oil and gas industry, despite the ongoing Russia-Ukraine conflict and volatility in crude oil prices. As a result, the oil and gas industry witnessed a year-on-year increase of 3% in overall […]

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Taiwan baby food sales will expand through 2028 despite falling birth rates and high inflation, says GlobalData

Trunk pipelines to dominate upcoming midstream project starts in US during 2023–2027, finds GlobalData

Connecting with gender equality issues can help Indian cosmetics brands win consumer loyalty, says GlobalData

India will be second biggest contributor to upcoming petrochemical project starts in Asia through 2027, says GlobalData

Diagnosed prevalent cases of systemic lupus erythematosus in 7MM to reach 0.58 million by 2031, estimates GlobalData

GlobalData forecasts global colonoscope market to reach nearly $6 billion by 2030

Philippines exporters eye growing market for healthy convenience foods in Middle East, says GlobalData

Oil and gas leaders target to become competitive in renewable energy space, says GlobalData

Price cap move will help Eli Lilly remain dominant player in insulin market, says GlobalData

New RSV therapies may accelerate the emergence of drug-resistant strains, says GlobalData

Fall of Silicon Valley Bank, Signature Bank, and Silvergate Capital could invite trouble for few more US banks, says GlobalData

Coles looks to capitalize on growing Thailand health food and drinks market, says GlobalData

Clene’s CNM-Au8 could target vision problems in multiple sclerosis, says GlobalData

Merck’s MK-0616 holds potential to become first oral PCSK9 inhibitor in dyslipidemia market, says GlobalData

Sephora’s UK store opening will tempt shoppers away from Boots and Superdrug but providing value for money is vital to its cement long-term success, says GlobalData

MWC 2023 highlights APIs and NaaS as vital tools for telco monetization, says GlobalData

Calbee eyes China, North America expansion to counter decline in Japan savory snacks market, says GlobalData

CRC eyes tourism-driven growth in Thailand and Vietnam for retail expansion, says GlobalData

Tim Hortons taps Marubeni to capitalize on booming Southeast Asia coffee culture, says GlobalData

Oil and gas industry overall contract value increased in 2022, reveals GlobalData

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