New Product Development
Globally, the sports drug testing industry is expected to be valued US$ 20.6 billion in 2032 and US$ 13.4 billion in 2022. Over the next ten years, it is anticipated that the strict regulations requiring government agencies to conduct drug and alcohol tests will be implemented globally will spur growth. Drug use is prevalent at all levels …
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The India loyalty program market is estimated to top nearly US$ 3,363.4 Million in 2023 and is projected to reach US$ 14,502.6 Million by 2033, at a CAGR of 15.7% from 2023 to 2033. The Indian loyalty program market holds approximately 4% to 8% of the global loyalty program market. Several retailers and businesses use loyalty programmes as one of their marketing …
The number of spirits market is anticipated to increase globally from around US$ 59.4 billion in 2023 to approximately US$ 90.3 billion by 2033, mostly as a result of the growing commercial potential and Western culture’s influence. The global spirits market is projected to expand from an estimated US$ 59,408 million in 2023 to US$ 90,288.9 million …
By 2023, the market for electronic equipment repair services is expected to grow to a value of US$ 129,440.3 million. The market is expected to reach US$ 238,452.7 million by 2033, growing at a 6.3% CAGR. Prior to 2022, the market was expanding at a strong compound annual growth rate of 5.7%. The market expanded from US$ 97,460.3 million in 2018 to US$ 121,654.4 million in 2022 …
The Indonesia pet care market is expected to reach US$ 2,298.4 million in 2023. The market is likely to surpass US$ 5,883.2 million by 2033 at a CAGR of 9.5% from 2023 to 2033. The pet care industry in Indonesia has been experiencing significant growth in recent years, driven by several key factors. One of the primary drivers of growth in the industry …
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The intravascular imaging market is projected to be valued US$ 387.8 million by 2023. By 2033, the market is projected to be valued US$ 656.29 million. The market is anticipated to develop at a compound annual growth rate (CAGR) of 5.4% between 2023 and 2033. Over the projected period, further technological innovation, especially AI-enhanced imaging, is likely …
The Microparticulated Whey Protein market estimated to be worth $165 million in 2023, it is projected to increase impressively at an 8.3% CAGR to reach US$ 376.7 million by 2033. Demand from consumers for practical, healthful products and technical developments—especially in the ready-to-drink beverage category, which is expected to account for 34.4% of the market by 2033—are …
The worldwide pipette controller market size is expected to grow steadily and reach a valuation of approximately US$ 193 million in 2023. According to industry experts, the market is expected to reach a value of around US$ 263.6 million by 2033, with a projected Compound Annual Growth Rate (CAGR) of 3.2%. Pipette controllers, essential tools in laboratories …
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The global heat pump market is likely to capture a valuation of US$ 34.3 billion in 2023 and reach US$ 58.7 billion by 2033. The global market is anticipated to register a CAGR of 5% during the forecast period. A heat pump is a heating, ventilation, and air conditioning (HVAC) system that provides both heating and cooling by transferring heat energy between …
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With a 7.7% compound annual growth rate (CAGR) from 2023 to 2033, the global cell line development industry is projected to reach US$ 5.06 billion in 2023 and reach US$ 10.6 billion by 2033. The market was estimated to be worth US$ 4.7 billion in 2022. The substantial growth of the cell line development market is predominantly …
