Sports Industry Revenue and Top Trends for 2024 and Beyond

Just how much is the sports industry worth? According to new research from The Business Research Company, the global sports market reached a value of nearly $484 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.6% since 2018.

Topics: Travel & Leisure Industry Insights

$6.9 Billion Weight Loss Telehealth Market Grows, But Gets Crowded

Telehealth soared during the pandemic in 2020 as consumers stayed home and communicated with their physicians via Zoom video calls and by phone, email and chat. The number of telehealth companies exploded. Then, in 2021-2023, as demand for the GLP-1 weight loss medications took off, many of these telehealth providers added weight loss plans based on access to these drugs, plus support.

Topics: Healthcare Industry Insights

Jennifer Christ’s Keynote Address on Sustainable Packaging at the Ohio Food Industry Summit

Jennifer Christ, a long-time analyst and research manager at The Freedonia Group and Packaged Facts, recently gave a keynote address at the Ohio Food Industry Summit in Columbus, Ohio.

Topics: Food & Beverage Manufacturing & Construction Packaged Facts The Freedonia Group

White Hydrogen Is Ready to Fuel the Multibillion-Dollar Hydrogen Economy

In the pursuit of sustainability, the hydrogen economy is emerging as a compelling energy solution. White hydrogen and green hydrogen are at the forefront of this shift—reshaping how we produce, store, and consume energy.

Topics: Energy & Resources Industry Insights

Top 4 Things to Know About the Global Sleep Apnea Devices Market

The sleep apnea device market has undergone rapid transformation, driven by growing awareness about the consequences associated with disruptive or poor sleep conditions. Sleep apnea is a severe sleeping disorder in which a person experiences interruptive breathing or loud snoring.

Topics: Pharmaceuticals Medical Devices Industry Insights

Additive Manufacturing Market Size to Reach $83.5 Billion by 2030

From developing prototypes in the 1980s to creating complex, precise, and functional products in the 2020s, additive manufacturing (AM) has come a long way. Demand has been driven by advancements in technologies and applications in multiple industries.

Topics: Materials & Chemicals Manufacturing & Construction Industry Insights

Lipid Nanoparticle Manufacturing Market Dynamics: Expert Insights

Lipid nanoparticles are novel drug delivery systems that enhance treatment outcomes in various ways, including targeting specificity, improving therapeutic efficacy, increasing water solubility, and reducing toxicity.

Topics: Pharmaceuticals Industry Insights Honored for Improving Its Search Capabilities on Profound

We are thrilled to announce that was honored with the Elastic 2023 Excellence Search Business Transformation Award, which was presented at the 2024 ElasticON event in New York on March 26, 2024.

Topics: Profound Market Research Provider

Clinical Trial Software: Innovations Shaping the Future of Clinical Trials

A clinical trial is an important component of the drug development and approval process. The data obtained from clinical trials is crucial to meet regulatory compliance, helping to ensure a drug’s efficacy and safety for human use.

Topics: Software & Enterprise Computing Pharmaceuticals Industry Insights

5 Key Pet Industry Trends to Watch 2024-2028

After more than a decade of steady growth, the US pet market has faced a variety of complex challenges in recent years. From the uncertainty of the pandemic to the upheaval caused by sky-high inflation and rising interest rates, it’s been quite a roller coaster, as Shannon Landry Brown, the Pet Brand Manager for Packaged Facts, explained.

Topics: Pets Packaged Facts Industry Insights