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.

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.

In today’s rapidly evolving world, organizations must recognize new opportunities and threats and adapt quickly.

In order to stay ahead and make the right decisions, it is critical to turn to an objective third-party for industry analysis. Syndicated market research reports are a cost-effective option, but they may not always be specific enough to meet your needs — especially during high-stakes, "make or break" moments. Custom market research studies offer a more tailored solution to meet your unique objectives, and provide the information needed to make important decisions with confidence.

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.

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.

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. 

Are you looking for global market research? The 26 market intelligence firms listed below provide comprehensive data analysis, business information, and forecasts on a wide array of markets.

Whether you are interested in mobile technologies, financial services, TV broadcasting, diagnostic imaging, or a variety of other markets big or small, these market research companies have your research needs covered.

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.

The U.S. frozen food market is forecast to reach $72.98 billion by 2024, according to a recent study by Grand View Research.

Despite overall market growth, sales have remained tepid in recent years. Frozen food brands face ongoing challenges, as consumer preferences shift and competition increases.

Americans are spending more on their pets than ever before, and expenditures continue to rise. By 2020, the U.S. pet industry is expected to reach $96 billion in sales, according to Packaged Facts, a leading market research firm.

Approximately 56% of U.S. households own pets, and the close emotional bonds people share with their furry friends is a major driver of industry growth. To learn more about this and other trends, check out the article below, which highlights several key findings from the report U.S. Pet Market Outlook, 2016-2017.