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GlobalData sees Australian wine market rising 4.6% CAGR between 2021-2026 to US$9.1B by 2026, as COVID severity abates; wine drinkers opting for quality over quantity, buying premium wines on special occasions instead of cheap wines for everyday drinking

GlobalData sees China wine market surging 11.5% CAGR over 2021-2026 to US$72.2B in 2026 as economic activity rebounds; wine becoming popular alcoholic drink among Chinese consumers on perceived health/beauty benefits, influence of Western lifestyle habits

GlobalData: Power generation in APAC region expected to rise 3.9% every year, versus 1.8% in Europe, 1.4% in North America; as 56% of world’s energy will be generated in APAC by 2030, decisions by region's leaders on renewables will impact rest of world

GlobalData: China to lead purified terephthalic acid capacity additions in Asia, will represent 69% of region's PTA capacity additions by 2026; increase driven by Sinopec's Yizheng Plant 3, which will start in 2023 with annual capacity of 3 million tonnes

GlobalData expects AI-enabled medical technologies market to rise to US$4.3B in 2024 from US$1.5B in 2019; within healthcare, AI can be applied to data management, remote surgery, diagnostic/procedural AI assistants, drug discovery, clinical trial design

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