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SUGAR LAND, TX--(Marketwired - Feb 19, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is renewing its pledge to remain the global leader in market intelligence by shining a brighter light on its coverage of the Pharmaceutical & Biotech, Food & Beverage and Industrial Manufacturing industries. Starting with its European office, Industrial Info plans to boost its global reporting in order to deliver more details in more plant and project reports.
While the Industrial Manufacturing team is broadening its look into the automotive, heavy manufacturing, and plastics and rubber sectors, the Pharmaceutical & Biotech and Food & Beverage teams are adding researchers and expanding the content of their project reports.
Pharmaceutical & Biotech Reporting Goes Global
It's easy to see why Europe is the starting point for Industrial Info's expanded Pharmaceutical & Biotech research: It is second only to North America in the industry's market rankings; and it mirrors North America's consistent activity in a wide spectrum of products, including active pharmaceutical ingredient (API) production and final-dosage production. What's more, Industrial Info's European headquarters are located in Galway, Ireland, whose corporate tax rate is one-third that of the U.S. -- making it a popular destination for corporations moving their headquarters overseas, often through mergers & acquisitions, such as the pending merger between Pfizer Incorporated (NYSE:PFE) (New York, New York) and Allergan plc (NYSE:AGN) (Dublin, Ireland).
While North America remains the No. 1 market for pharmaceuticals, Europe is a close second, with Asia and Latin America gaining market share. In Asia, Industrial Info has kicked off an expansion of its Pharmaceutical & Biotech coverage from its office in India, moving from API production on to include final dosages. Imminent future plans will extend coverage into the rest of Asia as well as Latin America, with dedicated research teams in each region.
Of the more than 1,600 active reported projects in the Pharmaceutical-Biotech Industry, representing more than $76 billion in total investment value (TIV), North America accounts for 1,300 projects worth $61 billion. Industry capital investments are on the rise globally, as more individuals, particularly those in developing countries, are getting access to healthcare and, ultimately, prescription drug products.
Coverage for the diagnostics, medical device and cosmetic sectors also are included under the Pharmaceutical-Biotech Industry group. All sectors will grow under the expanded coverage.
Food & Beverage Coverage Heats Up
The Food & Beverage Industry is experiencing an expansion in production and consumption across most segments. As the U.S. economy has steadily improved and gas prices continue to trend down, consumers are spending more on foodstuff and food-related goods, including leisure foods and fine dining.
Industry growth is being driven by the poultry sector, as chicken has become the protein of choice for consumers; and the sectors for agribusiness and beverages (particularly craft brewing and distilleries) also are seeing rapid growth. Less successful is the beef sector, which has been contracting amid recent, livestock-depleting droughts.
In the past few months, Industrial Info has increased its Food & Beverage research staff and improved its data-gathering process, resulting in faster updates and more new projects. With additional resources in place, researchers focus on smaller geographic areas with a sharper eye for project details. Project reports are more in-depth, with additional details such as technologies employed, equipment specifications, and key elements in a project's timeline, such as when long-lead equipment will be ordered and when shortlisted contractors will be awarded.
Industrial Info plans to add at least 1,000 plant records to the Food & Beverage database for the U.S. and Canada by the end of the year; since the beginning of this year, nearly 200 have been added.
In addition to these enhancements in the Food and Beverage Industry's coverage, Industrial Info plans to increase the number of boiler records, including capacities for product output and key areas in manufacturing plants, such as wastewater treatment facilities.
Researchers also are pursuing more information from third-party sources, such as engineering, procurement and construction (EPC) firms, in geographic areas and market segments where activity is particularly strong.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.