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Thailand credit and charge card payments market to grow by 7.1% in 2024, forecasts GlobalData

Thailand’s credit and charge card payments market is on a growth trajectory and is forecast to grow by 7.1% in 2024 to reach THB2.2 trillion ($62.1 billion), supported by growing consumer preference for electronic payments and developing payment infrastructure, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that credit […]
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Craft sake movement gains momentum in Japan, says GlobalData

A dynamic craft sake movement is sweeping across Japan, driven by a new wave of brewers who are infusing this traditional beverage with fresh and unconventional flavors. From fizzy sparkling sakes to bold and funky varieties, the craft sake revolution is not only transforming Japan’s sake industry but also gaining traction in neighboring markets such […]
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ARS Pharmaceuticals’ Neffy poised to disrupt epinephrine market as first needle-free nasal spray, says GlobalData

ARS Pharmaceuticals’ Neffy, the first needle-free epinephrine nasal spray, is poised to significantly impact the treatment of life-threatening allergic reactions like anaphylaxis following FDA approval in August 2024. With ease of use paired with a strong patient-assistance program, Neffy is set to disrupt the epinephrine market, according to GlobalData, a leading data and analytics company. […]
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Innovative product offerings to drive Thai dairy alternatives and meat substitutes market growth, says GlobalData

The surge in health-related issues is the key factor driving consumer preference for plant-based substitutes for dairy, meat, eggs, and seafood. In Thailand, the alternative protein market is experiencing significant growth as manufacturers respond to diverse consumer demands and challenges through innovative product development. The entry of more multinational companies and innovative startups is anticipated […]
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Healthcare and technology industries at forefront of nanotechnology innovation with rapid commercialization, says GlobalData

The possible applications of nanotechnology are boundless. Propelled by the growing demand for sustainable materials, environmental remediation, faster electronics, and innovative therapies, nanotechnology could transform numerous industries. With the potential impact of nanotechnology expected to vary significantly across different sectors, the healthcare and technology sectors are currently at the forefront of innovation witnessing rapid commercialization, […]
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Battery as a service and battery swapping emerge as key topics in companies’ discussions, reveals GlobalData

Governments worldwide have been making continuous efforts to make transportation more sustainable and environment friendly to boost the adoption of electric vehicles (EVs). However, high costs associated with battery, lower range, and charging infrastructure pose major challenges for widespread EV adoption. Against this backdrop, battery as a service (BaaS) and battery swapping have emerged as […]
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GlobalData poll reveals microbiome’s essential role in health

Healthcare professionals widely recognize the microbiome’s vital contributions to digestion, immune function, and overall well-being. The majority of surveyed respondents view a balanced microbiome as essential to sustain health and prevent various diseases, underscoring its crucial role of in maintaining human health, according to a recent poll conducted by GlobalData, a leading data and analytics […]
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AI-powered hair care solutions become increasingly popular in APAC, says GlobalData

Artificial intelligence (AI) is transforming various industries by providing wide range of applications that improve efficiency and data driven insights for informed decision making. In the haircare sector, AI is helping manufacturers to provide personalized solutions that analyze user data and deliver an immersive experience to its consumers. Moreover, increasing hair loss concerns and growing […]
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AstraZeneca’s FluMist approval for self-administration could increase flu vaccine uptake, says GlobalData

The US Food and Drug Administration (FDA) has approved the first self-administered seasonal influenza vaccine – AstraZeneca’s FluMist. FluMist has been available in the US since 2003, but beginning next year, the nasal spray vaccine will also be available for self-administration. This approval increases the accessibility of seasonal influenza vaccines, and has the potential to […]
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Oral beauty trend gains traction in Asian markets, says GlobalData

Dental health is becoming a top priority for Asian consumers given the increasing oral issues such as gum diseases, dental cavities, and oral cancers. Consumers are seeking new oral care products with innovative ingredients and technological integration to support their needs. Consequently, the concept of oral beauty or oral care skinification, which involves the combination […]
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Australia digital health market to grow at 8% CAGR through 2033, forecasts GlobalData

Australia’s healthcare sector is facing rising demand for digital health solutions, driven by an aging population burdened with an array of chronic and mental health disorders. This surge in healthcare needs has made digital platforms, such as telehealth and remote monitoring, essential to provide more efficient and accessible care for improved overall patient outcomes. Against […]
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Singapore alcoholic beverages industry digitization to help consumers make informed purchase decisions, says GlobalData

The alcoholic beverages industry in Singapore is witnessing a broader trend of digitization, where traditional practices are evolving to incorporate technology for greater consumer awareness and responsibility. By offering essential information in a convenient digital format, the alcoholic drinks industry is catering to a tech-savvy audience and responding to the growing demand for accessible product […]
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