Our High Information Headlines from October 2021

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MonthlyRecap_1000MarketResearch.com’s trusted analysis manufacturers Packaged Details, The Freedonia Group, and Simba Info have been just lately featured in The Wall Avenue Journal, Fortune, Forbes, The Seattle Occasions, and quite a lot of commerce publications.

See a fast abstract of current market information that obtained information protection.

The Wall Avenue Journal: The Multibillion Greenback Dogfight Over Your Pet’s Prescription

Medicine gross sales—together with over-the-counter and prescription—added as much as roughly $10.8 billion in 2020, in response to Packaged Details, whose information reveals that the class has grown at a wholesome compound common progress charge of roughly 9% since 2017. 

Fortune: You are Snacking Extra When Working from Residence Too, Proper?

In a survey by market researchers at The Freedonia Group performed in August and September, 31% of Individuals stated they’re consuming extra snacks and treats due to the pandemic, however 51% of these working remotely are consuming extra. “Entry to the kitchen is one motive,” Jennifer Mapes-Christ, the meals workforce chief at Freedonia, defined.

Forbes: How one can Stop Your Job and Develop a Houseplant Empire

A humorous factor occurred throughout the pandemic: gross sales of gardening provides from filth, vegetation, even watering cans, spiked practically 9% in 2020, in response to a report by the Freedonia Group. “With stay-at-home orders, journey restrictions, and different public-health measures, many shoppers, bored at dwelling, picked up gardening as a passion,” the report states.

Forbes: 4 Methods the Meat Trade Can Keep away from Getting Skewered

A Packaged Details report notes that almost all (53%) of shoppers are primarily omnivorous, but 36% of shoppers now determine themselves as flexitarian as a result of they repeatedly combine up their eating regimen with vegan or vegetarian meals.

The Seattle Occasions: Blowers, Mowers and Extra: American Yards Quietly Go Electrical

The battery-powered garden tools sector is rising at a charge 3 times sooner than gasoline, in response to the Freedonia Group, a division of MarketResearch.com.

The Motley Fools: Higher Purchase: Olo vs. Toast

A really huge restaurant business is getting even larger. Shopper spending on eating places is predicted to extend from $863 billion in 2019 to $1.1 trillion by 2024, in response to The Freedonia Group.

CStore Choices: How Did COVID-19 Influence Meat Snack Gross sales at C-Shops

Comfort shops general reported lowered gross sales throughout the peak of the pandemic interval as fewer folks have been commuting or touring, confirmed Jennifer Mapes-Christ and analyst Cara Rasch of The Freedonia Group, a division of MarketResearch.com.

Pet Product Information: How Pet Companies Will Bounce Again from Pandemic Setbacks

Though the pet business is famously downturn-resistant, hands-on pet care companies outdoors of the veterinary sector—grooming, boarding, pet sitting/strolling, and coaching—have been inherently weak to COVID-19 setbacks, in response to market analysis agency Packaged Details.

The Bookseller: Third of All International Analysis Articles Now Printed Open Entry, Say STM

Information from Simba Info additionally predicted journals will overtake books as the biggest social sciences and humanities exercise by 2025.

Concrete Merchandise: Landscaping Market Report: Modest, Sustained Development Forward

A brand new evaluation from constructing and development market researcher Freedonia forecasts demand for landscaping merchandise in residential purposes will develop 2.3 p.c per 12 months by way of 2025, to $7.2 billion. 

Builder: Builders Select Fiberglass as a Quick, Secure, and Sustainable Insulation for Right this moment’s Properties

The truth is, the International Fiberglass Insulation report performed in 2019 by The Freedonia Group, a division of MarketResearch.com, discovered that the demand for insulation within the US was “anticipated to extend 4.3% yearly by way of 2023 to $12.1 billion.

Pet Meals Processing: Slideshow: Behind the Scenes at NaturPak Pet

Market analysis agency Packaged Details listed meal toppers and add-ins as a key progress space in 2019 and, in a 2020 survey of pet homeowners by the identical agency, 16% of canine homeowners and 14% of cat homeowners had already bought a meal topper product, with 44% reporting they often preferred the concept of meal toppers.

IEE Spectrum: A Dab of Sunscreen Key to Photo voltaic Home windows That Final A long time

By 2023, international demand for flat glass is forecast to succeed in 11.9 billion sq. meters as constructing development and manufacturing exercise expands worldwide, in response to The Freedonia Group.

Farm Progress: What Flexitarians Need

A nationwide on-line shopper survey, performed by the market analysis agency Packaged Details in August 2020, discovered that 36% of the respondents recognized themselves as flexitarian. Most respondents — 53% — stated they have been omnivorous, and eight% recognized as following vegan and vegetarian diets.

Happiful: How Can Baking Enhance Wellbeing?

In the beginning of lockdown, demand for baking substances sored and, in response to a forecast by Packaged Details – a market analysis organisation – there’s no signal of curiosity drying up.

Pet Product Information: These Hen Toy Attributes Are Resonating with Pet Homeowners

A pandemic-driven acquisition spree raised possession of pets aside from canines and cats to the very best degree in a decade for 3 of the 4 important “different pet” varieties, with pet birds being the exception, in response to market analysis agency Packaged Details.