Straits Research

Syria's economic instability ▪️ Syria's crude oil production has significantly dropped, falling from 677K barrels per day in 2002 to just 39.98K barrels per day in 2023. ▪️ In 2021, Syria's GDP was primarily driven by the services sector, contributing 43.27%, followed by manufacturing at 28.91%, and agriculture at 27.82%. Refer @ https://lnkd.in/dikh5mTi for more stats.

Leading Real Estate Firms ▫️ Prologis leads the global real estate market with a $103.73 billion valuation, followed by American Tower at $96.77 billion. ▫️ Nearly 71% of buyers and 89% of sellers rely on real estate firms to simplify property transactions. Check out @ https://lnkd.in/dYjfgxfd for additional information.

India's Startup Landscape ▪️ India's startup ecosystem has seen explosive growth, with the number of startups soaring from 471 in 2016 to over 1.5 lakh in 2024 ▪️ In 2024, Bengaluru topped startup funding with $414 million, followed by Mumbai ($96M), Delhi ($94M), Pune ($51M), and Hyderabad ($21M). Refer @ https://lnkd.in/dKxZ4fpY for additional data.

Ozempic Usage Insights ▫️ Semaglutide (Ozempic®) usage in Denmark skyrocketed from 5,744 new initiators in 2018 to 31,340 in 2022 before slightly dipping to 24,677 in 2023. ▫️ Only 7% of U.S. adults currently use Ozempic®, while 6% have used it in the past. 10% are considering it, but 52% aren’t interested, and 25% have never heard of it. Check out @ https://lnkd.in/dEdKFmfp for additional data.

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Generic Drug Industry ▫️ The United States leads with 90% of prescriptions for generics, followed by the UK (85%), China and Australia (84%), and Germany (81%). ▫️ India and China lead global generic drug manufacturing, with India supplying 20% of the world's volume and producing around 60,000 different generic brands annually. Refer @ https://lnkd.in/dnVcH28v for more data.

Global caviar industry ▪️ In 2023, China led caviar exports with 3,704,500 kg valued at $127.86 million, followed by the European Union and Japan, while the United States was the top importer with $48.3 million, followed by France and Germany. ▪️ France (57.9 tons), Germany (25.7 tons), and Spain (9.3 tons) are the top caviar consumers in Europe. Check out @ https://lnkd.in/gGcuDXAC for additional stats.

Palm oil market overview ▫️ In 2024, Indonesia and Malaysia lead global palm oil production, with respective volumes of 46.5 million and 19.8 million metric tons. ▫️ India is the largest importer of palm oil, making up 22% of global imports, followed by China, the European Union, Pakistan, and the United States. Refer @ https://lnkd.in/dfR9CvqB for additional information.

Happy Thanksgiving!🍂🦃 ✨ Thanksgiving is a cherished holiday celebrated primarily in the United States and Canada, dedicated to giving thanks for the harvest and the blessings of the past year. The origins of Thanksgiving date back to 1621, when the Pilgrims at Plymouth shared a feast with the Wampanoag people to celebrate their first successful harvest. This event is often regarded as one of the first Thanksgiving celebrations in the colonies. ✨ Thanksgiving is a time for families and friends to gather, enjoy a festive meal, and reflect on the things they are grateful for. Traditional Thanksgiving meals often include turkey, stuffing, cranberry sauce, and pumpkin pie. 🥧🍗 Beyond the feast, the holiday is marked by parades, football games, and various community events. Wishing you a wonderful #Thanksgiving filled with joy and gratitude! #straitsresearch #happythanksgiving #thanksgiving2024