The global oral controlled release drug delivery technology industry is projected to witness a significant surge, growing from US$ 34.1 billion in 2022 to a staggering US$ 68.4 billion by 2032, according to a recent market analysis. This remarkable expansion translates to a robust 7.2% compound annual growth rate (CAGR) over the forecast period. The …
Monthly Archives: February 2024
GNSS IC Market Poised for Impressive Expansion, Envisioned to Reach US$ 645.0 Million by 2032
The global revenues from GNSS IC market would be worth US$ 645.0 million by 2032. From 2022 to 2032, it is projected to increase steadily at a CAGR of 6.0%. In 2022, the global market was valued at more than US$ 361.0 million. Today, a specific multinational group of satellites transmit signals from orbit and provide location …
Nutraceuticals Market In-depth Insights, Revenue Details, Regional Analysis
The global nutraceuticals market value is likely to jump from US$ 418,080 million in 2023 to US$ 703,122.075 million by 2033. This anticipated growth is expected to be driven by a steady CAGR of 5.3% in nutraceutical sales over the next decade. The nutraceutical sales are set to keep growing. People like them because they …
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Alpha-lactalbumin Market Independent Variable Examine, Future Opportunities
The alpha-lactalbumin market was expected to be worth close to 610 million US dollars in 2022. The need for alpha-lactalbumin is rising as infant feeding formula and healthful beverages become more popular. By 2033, it’s expected to have generated US$ 1,316 million, with a CAGR of 7.7% from 2023 to 2033. The baby formula industry’s …
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Multi Nutritional Supplement Market Current Scenario and Industry Growth Forecast with Major Key Players data
Multi Nutritional Supplement Market is forecasted to register a 6.8% CAGR during the forecast period (2022-2032) and is projected to reach US$ 1.9 Billion by 2032 With the increasing growth of the health & wellness trend and consumers’ awareness about the necessity of adding diverse nutrients to diets, the demand for multi-nutritional supplements, as well as dietary supplements, has …
Absinthe Market Current Scenario and Industry Growth Forecast with Major Key Players data
From 2023 to 2033, the absinthe market is anticipated to expand at a CAGR of 6.7%. The market is expanding because of rising demand for high-end alcoholic beverages, rising absinthe appeal among musicians and artists, and expanding use of absinthe in the cosmetics sector. The market for absinthe currently faces various difficulties, such as the …
Network Automation Market Skyrockets: Remarkable 23% Growth Propels Market to US$34.8 Billion by 2033
The global network automation market is currently valued at approximately US$ 4.4 billion in 2023. According to forecasts, it is expected to grow at an annual rate of around 23% over the forecast period. With this remarkable growth rate, it is projected that the total market value will reach approximately US$ 34.8 billion by the year 2033. The market …
Vegetable Dicing Machines Market Notable Developments, Potential Players and Worldwide Opportunities
A recent industry report predicted vegetable dicing machines market are expected to generate US$ 1,673.6 million by 2023. The market is expected to reach US$ 2,384.6 million between 2023 and 2033, reflecting a CAGR of 3.6%. Profits in the food production industry also depend on timely, efficient, and quality processes. Using equipment within the food …
Sodium Citrate Dihydrate Market Notable Developments, Potential Players and Worldwide Opportunities
The market for sodium citrate dihydrate market is expected to record a CAGR of over 3% during the forecast period. The growth of the sodium citrate dihydrate market is driven by the increasing demand for processed food and beverages, which require food additives for stability and flavor. The rising trend of convenience food consumption is also a …
Curcumin Food Colors Market Notable Developments, Potential Players and Worldwide Opportunities
Curcumin pigments find their application in food as well as personal care industrial products. The curcumin food color market is expected to reach a valuation of nearly USD 323 mn by the year 2032, pacing with a CAGR of 10.3% between 2022 to 2032. Sales of curcumin food color accounted for ~5.9% of the sales in the global natural food …