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Most Recent Press Releases are listed first. To read the full article click on title

Growing Young Age Population and Increasing Food Consumption Would Drive the Saudi Arabia Fast Food Market-6Wresearch
17 November 2017

According to 6Wresearch, Saudi Arabia Fast Food market is projected to reach $9.0 Billion by 2023. Fast food demand is anticipated to register growth in the forecast period on account of adoption of western culture, growing influx of women workforce and availability of variety of fast food options. However, growing health concerns is forcing the companies to include healthy food options in their menus.

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India biscuits market is forecast to record twofold revenues by 2023– 6Wresearch
17 November 2017

According to 6Wresearch, India biscuits market is projected to reach $8.2 billion by 2023. Plain biscuits segment captured majority of the market share in 2016, however, cookies and sandwich biscuits are expected to exhibit high growth rate during the forecast period. In terms of center-filled biscuits, the segment is majorly dominated by urban population. Further, non-premium biscuits accounted for majority of the revenue share in 2016, nevertheless, premium biscuits are gaining huge acceptance in Tier-I & II cities.

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Centrifugal Gas Compressors Segment to Post Healthy Growth in India’s Centrifugal Compressor Market During 2017-23–6Wresearch
16 November 2017

According to 6Wresearch, India centrifugal compressors market is projected to grow at a CAGR of 4.7% during 2017-23. In terms of technology, centrifugal air compressors segment registered majority of the market revenue share in 2016. The market is further expected to register an upsurge in the demand majorly arising from oil & gas, cement, mining, and pharmaceutical industries.

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Increasing National Electrification rates along with Growing Residential Sector would Drive the Indonesian Switchgear Market – 6Wresearch
03 November 2017

According to 6Wresearch, the Indonesia switchgear market revenues are projected to grow at a CAGR of 6.4% during 2017-23. Projects such as the $1.7 billion Jakarta MRT Project and the $5 billion Jakarta-Bandung High-Speed Railway Project are slated for 2019 completion and would contribute in improving the infrastructure and transportation sectors of the country. Further, Government initiatives such as the One Million Houses Programme and the 35 GW Power Plan would help boost Indonesia’s residential and power utilities sectors.

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Premium chocolate segment to post higher growth over the next six years and tier-I cities held majority of the demand in India chocolate market – 6Wresearch
03 November 2017

According to 6Wresearch, India Chocolate Market is projected to grow at a CAGR of 19% during 2017-23. Although, milk chocolate segment captured majority of the chocolate market share in 2016, dark chocolates segment is expected to post high growth rate during the forecast period. Moreover, non-premium chocolates dominated the overall market owing to its availability in both urban and rural areas. However, huge demand for premium chocolates are being exhibited in Tier-I cities resulting in tremendous growth for premium chocolate segment in the country.

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