Rising Consumer Awareness Driving Food Safety Testing

Logo48 million people in the US fall sick per year due to the consumption of contaminated food. This rise in food contamination coupled with growing complexity of the food supply chain has alerted consumers regarding the safety of the food they are being delivered. While purchasing food items, people are doing more hands-on research, scrutinizing labels cautiously, and becoming more occupied in the process behind the foods they buy.

Affordable Housing Gaining Ground in the Market

LogoMajority of population in Saudi Arabia reside in rented accommodation as high land prices make it difficult for the developers to meet the price requirements of mid to low-end sectors of the society. According to a new report by RNCOS, “Saudi Arabia Housing Sector Outlook to 2017”, the above is creating a pricing difference between what the market is producing and what most purchasers can bear to pay for their housing. This had led to a huge demand for affordable housing in the kingdom.

Women Ethnic Wear Market Witnessing Unique Marketing Strategies

LogoThe women’s ethnic wear market which comprises of sarees, salwar kameez, kurti’s and lehengas, is witnessing huge demand. This demand has been catapulted by increasing preference for ethnic wear by the younger generation. According to a new report by RNCOS, “Booming Women Ethnic Wear Market in India Forecast to 2015”, with the growing demand for women ethnic wear in the Indian market, manufacturers are adopting unique strategies to penetrate into the market.

Emerging 3G Subscribers Base to Impel Indian Mobile Gaming Industry

LogoIndia mobile gaming market is witnessing tremendous growth on the back of increasing number of mobile subscribers, rising penetration of smartphones and availability of high speed networks like 3G services in the country. In India, the launch of 3G-enabled mobile handsets coupled with recent price drop in 3G tariffs has provided more efficient, high-speed, data-enabled networks to mobile gamers, resulting in a rise in the usage of mobile games. Further, advancement into 4G-enabled telecom services is anticipated to add greater fillip to the growth of the mobile gaming segment. Considering the above factors, it is projected that the India mobile gaming market will grow at a CAGR of around 24% during the forecast period 2013-2017.

New Players Set to Drive Growth in the Indian Popcorn Market

LogoThe popcorn market in India has been witnessing growth over the past few years. The growth in the popcorn market is attracting many new players in the market. Apart from new players entering the industry, some existing players are also entering other popcorn segments to capture the opportunities for growth. According to a new report by RNCOS, “Opportunities in Indian Popcorn Market”, the entry of large number of players in the market is set to provide boost to the market in the coming years.

Increasing Dedication of Roche's R&D for Cancer mAbs

LogoThe market for monoclonal antibody is generally influenced by increasing size of potential cancer market therby prompted pharmaceutical players to invest in oncology sector. Such monoclonal antibodies are driving the cancer therapy market and have become a vital treatment option for a varied number of cancer types. Multiple applications for the same monoclonal antibody for different cancer types have also increased in the recent past. Several cancer monoclonal antibodies are in market and a lot more in pipeline specific to certain market players indicating a potential market for cancer monoclonal antibodies. However, Roche seems to be devoting major chunk of its R&D on oncology with drugs in pipeline focusing on 35 varied indications. The majority of the antibodies are in Phase III trials with an increased focus over treatment of breast cancer, tumours and NHL.

Rising off-Grid PV Applications Propelling Solar Power in India

LogoDriven by country’s rapidly rising primary energy and electricity needs, overdependence on coal for electricity generation, and costly oil and gas imports; India is poised to become a potentially global leader in PV technology. Above all, India’s endowment with plentiful irradiation makes PV lucrative to the nation’s energy strategy. Moreover, the market potential for captive power plants, telecom towers, and rural electrification has created an off-grid solar market in India, which is forecasted to install more than 1 GW per year by 2016.

International Brands Looking to Expand Their Operations in Singapore

LogoAs one of the fastest growing markets for beauty, Singapore is now a choice location for brand owners looking to expand their operations. In fact, Procter & Gamble recently announced its decision to move its headquarters for skin care, cosmetics and personal care to Singapore. Similarly, Korean skin care and cosmetic brand Holika entered into Singapore with help from local distributor Skin Republic. In addition, another Korean cosmetic brand Violet Dream Luminous also made entry into the Singapore cosmetics market, recently. Moreover, some of the international brands are planning to enter in the coming years.

NIPT in the APAC Region Set to Grow at CAGR of Around 38% During 2013-2018

LogoAs per the new research report by RNCOS, “Emerging NIPT Market in Asia Pacific”, the market for non-invasive prenatal testing in the APAC region is expanding at a rapid rate. This growth can be attributed to several factors, foremost of all being its high acceptance amongst high-risk pregnant women. NIPT tests available in the region are mostly provided by established players based in the US and China. The tests have been clinically validated for their claims of diagnosing chromosomal abnormalities while completely eliminating the risk associated with invasive prenatal tests like CVS and Amniocentesis, gaining them instant popularity amongst the consumers.

Increasing Effort by Pharmaceutical Players to Tap the Potential Diabetes Market in China

LogoChina is progressively moving towards diabetes disaster therby affecting the healthcare expenditure of the country. Approximately 37.2 Million diabetic patients are aware of their condition and this figure might go up in future. As per the increasing diabetes prevalence in China, the healthcare spending is likely to increase in future and growth of health insurance services will provide the market attractive for pharmaceutical players including Novo Nordisk, Sanofi, and Bayer.