🌾 +67% US Plant-Based Food Sales. >40% Chip Sales Growth. Secondary Education Disparity.
Chart of the Day #143 looks at Secondary Education, Plant-based Food and Semiconductor Sales
A recent study reveals that London is at the forefront of plant-based diet adoption in the UK, with 49% of respondents citing health reasons as their primary motivation. The EU is set to provide $6.5M in funding to four semiconductor research projects as part of a strategic collaboration with South Korea.
Today's Topics
🏫 Secondary Education. Secondary enrollment rates in developing regions as low as 44%
🌾 Plant-based Food. US plant-based food sales grew by 67% from 2018 to 2022
📈 Semiconductor Sales. Global semiconductor sales rose by over 40% from 2017 to 2022
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🏫 Secondary Enrollment Rates in Developing Regions As Low as 44%
Secondary enrollment rates in the least developed countries significantly trail those in the most developed regions, based on 2020 data. For instance, upper secondary enrollment is only 44% in the least developed areas compared to nearly 100% in developed regions. Additionally, more developed countries show smaller disparities between upper and lower secondary education levels, as more investments in education in these countries have led to higher completion rates and reduced gaps across different education levels.
🌾 US Plant-Based Food Sales Grew by 67% From 2018 to 2022
From 2018 to 2022, US plant-based food sales grew by 67%, reflecting a shift towards sustainable eating habits. Increased consumer awareness of environmental and health benefits, innovative product offerings, and wider availability in stores drove this increase. Marketing efforts and endorsements by influencers and celebrities also contributed to the rising popularity of plant-based diets.
📈 Global Semiconductor Sales Rose by Over 40% From 2017 to 2022
Semiconductor sales increased by more than 40% from 2017 to 2022, with around 70% of these sales originating from Asia. Since 2016, China's semiconductor sales have outpaced that of other regions due to substantial government investments, strategic policies, and a booming tech sector. Domestic companies, supported by initiatives like "Made in China 2025," have ramped up production and innovation. The growing demand for electronics, 5G technology, and AI applications has further fueled China's rapid semiconductor industry growth.
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