New Product Development
The food grade lubricants market is projected to record a CAGR of 6% from 2022 to 2032. Lubricants are in use in industries since the period of mechanization. Historically it has been obtained from mineral-based lubricants. But in recent times there has been an emerging trend of using food grade lubricants in food and beverage industries as …
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The global cocoa powder market was valued at US$ 2.56 Bn in the year 2020 and is expected to witness a CAGR of 2.9% between 2022 and 2032. Cocoa powder comes across as a mixture that remains post-extraction of the cocoa butter from cacao beans. This powder, these days, is an indispensable ingredient in chocolate confectioneries, syrup, …
The functional beverages market is projected to record a CAGR of 6% from 2022 to 2032. Functional beverages are carefully crafted, RTD products distributed in varied flavours. Many manufacturers use packaging and labelling for advertising ingredients and nutritional value by marketing their products as healthy, vegan, or plant-based. Functional beverages are increasingly becoming an essential part of …
The market for bergamot extract worldwide is anticipated to be US$ 99.97 million in 2022 and to increase at a CAGR of 4.14% to US$ 150 million between 2022 and 2032. Growth is attributed to expansion in residential and commercial construction as well as the increasing demand for renovation projects. Bergamot extract helps to maintain the normal …
The electronic lab notebook (ELN) market income added up to ~US$ 421.0 Million in 2021. The electronic lab notebook (ELN) market is projected to arrive at ~US$ 1,180.3 Million by 2029, developing at a CAGR of 13.9% from 2022 to 2029. A new Future Market Insights (FMI) concentrate on tracks how the reception of electronic lab …
The global anatomic pathology market forecast is set to reach US$ 61.1 Mn in revenues by 2030, according to a new market study by ESOMAR-certified market research firm, Future Market Insights (FMI). Anatomic Pathology Market Size (2022) US$ 32.5 Mn Anatomic Pathology Market Revenue Forecast (2030) US$ 61.1 Mn Anatomic Pathology Market Growth Rate (2022-2030) 8.2% CAGR …
By the end of 2021, the Europe Multi Attachment Loaders Market is expected to grow 2.4% year on year (YoY) to US$ 833.3 Million. The European market for multi-attachment loaders is expected to grow at a CAGR of 2.8% between 2021 and 2031. Multi-attachment loaders accounted for nearly 36% of compact loaders in 2020, and …
At a CAGR of 4.2%, the global expansion valves market is expected to reach US$ 17.4 billion in 2033, up from US$ 11.5 billion in 2023. Expansion Valves are commonly used in refrigeration and air conditioning systems to modulate the flow of refrigerants. This enables more precise superheating control while also increasing compressor efficiency. By …
The global softgel encapsulation machine market is anticipated to develop at a CAGR of 4.3% from 2022 to 2032, reaching US$ 104.5 million in 2022. By 2032, the market is anticipated to be valued US$ 159.6 million. The output of softgel capsules is anticipated to rise as a result of improvements in technology, manufacturing processes, …
The Middle Eastern LED & OLED lighting products and displays market is anticipated to cross a US$ 7.1 Billion valuation through the projection period from 2015 to 2025. The covid-19 pandemic has negatively impacted the market owing to a shortage of electronic components owing to production shut down in multiple countries including China. On the other …