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Trump Will Find Reducing Drug Prices a Difficult Task

Posted by Bruce Carlson

Feb 24, 2017 9:10:04 AM

President Donald Trump’s stated goal of lowering drug prices won’t be easy. The President told drugmakers at a White House meeting that prices were “astronomical” and hinted at negotiating with Medicare and reducing regulation on new drugs. Congress has also proposed more generic drugs as a way of saving on costs.

While lower drug prices is an admirable goal, an across-the-board reduction of pharmaceutical prices will face many obstacles and most likely would not happen, according to our research at Kalorama Information. If somehow, Congress and the administration were able to achieve a reduction, it might impair the creation of new drugs.

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Topics: Pharmaceuticals, Kalorama Information, Industry Insights

MarketResearch.com in the News – January & February Highlights

Posted by Sarah Schmidt

Feb 23, 2017 8:45:00 AM

Reports produced by MarketResearch.com’s four publishing divisions — Packaged Facts, the Freedonia Group, Kalorama Information, and Simba Information — are frequently cited in the news media and in trade publications.

Here’s a roundup of recent press highlights for early 2017, covering everything from food & beverage to pets to health care and more. To access additional information about a particular subject, click the link to the report's abstract.

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Topics: Industry Insights

The Increasing Demand for Home & Garden Pesticides

Posted by Sarah Schmidt

Feb 21, 2017 8:45:00 AM

The ongoing battle against weeds and pests creates a large, growing market. The demand for home and garden pesticides in the U.S. is forecast to rise 3.1 percent per year to $2.4 billion in 2020, according to the Freedonia Group.

An increase in new housing — coupled with rising consumer spending in lawn care and gardening will boost the overall market. 

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Topics: House & Home, Industry Insights

New Catering Industry Analysis: Revenue on the Rise

Posted by Sarah Schmidt

Feb 16, 2017 8:56:40 AM

As consumer spending and corporate profits increase, more households and businesses will host catered events such as wedding receptions, luncheons, and trade shows. 

A variety of organizations — including schools, senior living facilities, and hospitals — will also turn to contractors to outsource on-going foodservice needs. Professional contract caterers help free up organizations to focus on their core strengths and cut costs, rather than running meal programs on their own.

The global contract catering market is expected to grow at a compound annual growth rate (CAGR) of 4% from 2016-2021, according to recent industry analysis conducted by Azoth Analytics.

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Topics: Food & Beverage, Industry Insights

Research Firms Explore the Potential Impact of Trump's Presidency

Posted by Sarah Schmidt

Feb 13, 2017 8:45:00 AM

How will President Donald Trump affect the economy in the coming weeks and years? Which industries face the biggest shifts? How can you be prepared for what's next?

Several market research firms are weighing in as various issues jump to the forefront of the news cycle.

Here's a look at the latest #mrx tweets serving up data and analysis on the potential economic impact of Trump's presidency across different industries.

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Topics: Travel & Leisure, Retail, Pharmaceuticals, Demographics, Social Media, Industry Insights

The Air Purifier Market in 2017 and Beyond

Posted by Sarah Schmidt

Feb 6, 2017 8:45:00 AM

As incomes rise in various regions around the world — including China and India more consumers are buying air purifiers to decrease the amount of contaminants, odors, and airborne allergens in household air.

The global demand for consumer air treatment systems will grow at a double-digit annual pace to more than $10 billion in 2019, acording to an industry study by the Freedonia Group, a leading international business research company and a division of MarketResearch.com.

Learn more forecasts and facts about the worldwide air purifier market below.

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Topics: House & Home, Industry Insights

New Insights into the Luxury Goods Industry

Posted by Sarah Schmidt

Feb 2, 2017 8:45:00 AM

Conditions have never been more challenging for luxury brands, according to Fflur Roberts, Head of Luxury Goods at Euromonitor International.

“Headline growth remains disappointing, and the markets overall face mounting risks — it's clear nothing is written in stone,” Roberts explained in a recent video highlighting the latest market research on the global luxury goods industry.

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Topics: Retail, Industry Insights

3 Factors Shaping the Global Market for Juvenile Products

Posted by Sarah Schmidt

Jan 30, 2017 8:45:00 AM

The market for strollers and prams, car seats, cribs and cots, baby carriers, and nursery furniture is likely to experience continued growth in the next five years due to several key factors, including increasing income levels, growing e-commerce, and stable fertility rates, according to Azoth Analytics, a market research and analysis company.

Drawing on industry data and primary research with regional heads and retail managers, Azoth Analytics cites three notable developments and trends in the executive summary of its report on the market for juvenile products. 

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Topics: House & Home, Industry Insights

U.S. Weight Loss & Diet Industry: Stuck in Survival Mode?

Posted by Sarah Schmidt

Jan 23, 2017 8:45:00 AM

Oprah Winfrey certainly hasn’t given up on dieting yet — she just revealed that she’s lost “over 40 pounds” on Weight Watchers as part of the company’s latest advertising campaign, sending shares soaring.

But for the U.S. weight loss industry as a whole, the numbers may not be quite so promising. The U.S. weight loss and diet control market totaled $65 billion in 2015, according to a report by Marketdata Enterprises Inc, a market research publisher that has tracked the diet market for 28 years. Flat to low growth is expected in the future.

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Topics: Food & Beverage, Industry Insights

Top 21 Blog Posts by The Freedonia Group in 2016

Posted by Corinne Gangloff

Jan 17, 2017 8:45:00 AM

Since joining MarketResearch.com, Freedonia’s analysts have produced a huge number of blog posts to give readers an inside look at the latest market research. The Freedonia Group’s large crew of in-house analysts write about 120 Industry Studies and 600 Freedonia Focus Reports per year.

The blogs not only give us a chance to show our creative side, but also share some interesting tidbits we learned while writing our studies and reports. Read on for a list of the most-viewed blog posts by our analysts in 2016.

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Topics: Market Research Strategy, Industry Insights, The Freedonia Group

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