The global breakfast cereal market is expected to grow 3% per year to reach $40 billion in 2023, according to new research and analysis from Packaged Facts, a leading market research firm and division of MarketResearch.com.

Breakfast cereal is a highly penetrated category in mature markets such as the U.S., but there is plenty of room for growth, particularly in Asia, Africa, and the Mideast, as Western diets become more common across the world.

Take a look at the latest blog posts and press releases from our publishers featuring new industry analysis, market trends, and insights across a range of categories.

In addition, check out what’s trending now on the MarketResearch.com blog and the articles that are getting the most views this week.

Every year several new drugs enter the pharma value chain. The launch of a new therapy or drug means a new treatment option for the patient pool and advancement in people’s quality of life.

See the latest industry insights from a variety of market research blogs. This week, we highlight articles covering the markets for ceiling products, construction equipment, pet treats, patient monitoring devices, global housing, healthcare chatbots, and more.

Chatbots are artificial intelligence software that can have conversations with users based on the principle of natural language processing (NLP). The chatbot processes the input provided by the user, focuses on the semantics, searches for the terms in the knowledge database, and provides the suitable answer as per its knowledge set.

Global construction of new housing is expected to rise 1.6% per year through 2023, according to a new industry study titled Global Housing by The Freedonia Group, a leading market research firm and division of MarketResearch.com.

The study focuses on the 55.3 million unit global market for new housing, and provides historical data and forecasts for new housing units and housing stock in 58 countries and 6 regions.

This week, industry analysts shared new data and insights across a broad range of markets including fiber cement, school testing, pets, in vitro diagnostics, and meditation. Scroll through the descriptions and links below for more information.

Meditation is becoming more mainstream in America, boosted by the popularity of experts like Deepak Chopra and Eckhart Tolle. Meditation studios are appearing more often in major cities, and meditation classes are increasingly being offered in the workplace and college campuses to combat rising societal stress levels and to raise worker productivity and morale. Last year, 22% of employers were expected to offer mindfulness training.

In vitro diagnostic testing costs little to the healthcare system and contributes much to clinical practice.  

In vitro diagnostics (IVD) is a growing market, which is one of the reasons that so many companies need to continue to track the market using market research aids. In our latest study The Worldwide Market for In Vitro Diagnostic Tests: 12 Edition, Kalorama Information estimates the in vitro diagnostics market size at $69 billion and growing at 4%, with many sectors of the IVD market growing double that.  

Get the latest market research on a variety of dynamic industries, including marijuana growing supplies, rubber, recycled paper, bearings, wearable medical devices, and pharmaceutical packaging.

The articles highlighted below feature new market forecasts and a discussion of market opportunities, challenges, and trends.