According to Future Market Insights (FMI), the worldwide sorbic acid market is valued at US$ 62.2 million in 2023. It is anticipated to reach US$ 121.9 million by 2033. Over the forecast period 2023 to 2033, global sorbic acid demand is likely to increase at a CAGR of 7.0%. Growing demand for packaged food products with extended shelf life and growing usage of sorbic acid …
Monthly Archives: March 2024
Global Cirrhosis Management Market is expected to achieve a noteworthy US$ 1,052.3 Million by 2033
The global cirrhosis management market, estimated at US$ 725 million in 2023, is anticipated to grow at a CAGR of 3.8% over the course of the forecast period and reach US$ 1,052.3 million by 2033. From 2018 to 2022, the market experienced a compound annual growth rate of 2.7%. The market’s growth might be linked …
Global Bioprocess Integrity Testing Systems Market Expected to Reach US$ 136.6 Million by 2032
The global bioprocess integrity testing systems market is anticipated to witness substantial growth, projecting an increase from US$ 74.2 million in 2022 to US$ 136.6 million by 2032, at a compound yearly growth rate (CAGR) of 5.7%. This significant expansion is primarily attributed to the escalating accessibility to fully automated integrity test solutions. Bioprocess integrity …
Bicycle Bags and Bag-packs Market: Projected Growth at a 4.4% CAGR by 2033, Enhancing Cycling Convenience and Style
Estimated to reach US$ 800 million by 2033, the bicycle bags and bag-packs market size is projected to grow at a CAGR of 4.4% during the forecast period, up from its valuation of US$ 517.67 million in 2023. Bicycle bags are increasingly becoming a part of everyday accessories, with innovative designs that seamlessly transition from …
Global Gastric Space-Occupying Devices Market Set to Soar, Reaching US$ 810.8 Million by 2032
The global gastric space-occupying devices market witnessed substantial growth in 2021, valued at US$ 197.5 million. A recent report suggests that this growth trajectory will continue at an impressive 13.7% compound annual growth rate (CAGR) over the forecast period, with the market size projected to reach US$ 810.8 million by 2032. Gastric balloons emerged as …
Amino Acids Market Expected to Reach US$ 63.4 Billion by 2033, Driven by Robust CAGR of 8.7%
The global amino acids market is expected to attain a valuation of US$ 27.5 billion in 2023 and is projected to reach US$ 63.4 billion by 2033, expected to expand at a CAGR of 8.7% during the forecast period. The market growth is driven by higher consumer spending power and rising awareness of healthy lifestyles …
Global Body Contouring Market Projected to Reach US$ 11.1 Billion by 2032
As per recent projections, the global body contouring market is poised to expand substantially, with a compound annual growth rate (CAGR) of 6.9% anticipated between 2022 and 2032. Starting from US$ 7.3 billion in 2022, the market is expected to reach US$ 11.1 billion by 2032. This remarkable growth is primarily attributed to the rising …
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Connected TV’s Market Set for US$16.2 Billion Valuation by 2032, Fueled by 13.7% CAGR
The connected TV’s market is expected to reach a value of $12.6 billion in 2022 and US$ 16.2 billion in 2032. It is anticipated to demonstrate growth at a CAGR of 13.7% from 2022 to 2032. The demand for connected TVs is expected to increase shortly as more established and emerging firms release TV sets with 8K and 4K resolutions. The …
Software Defined Application and Infrastructure Market to Hit US$ 250.58 Billion by 2032 with 21.7% CAGR
The software defined application and infrastructure market was estimated to be worth US$ 28.82 billion globally in 2021, and by the end of 2022, it is expected to be worth US$35.16 billion. The market is anticipated to grow at a 21.7% CAGR from 2022 to 2032, reaching a projected value of US$ 250.58 billion. The global market for software defined …
Benzalkonium Bromide Market Poised for Significant Growth at 8.2% CAGR to Reach US$ 1,943.3 Million by 2033
The benzalkonium bromide market size is projected to be valued at US$ 883.6 million in 2023 and is expected to rise to US$ 1,943.3 million by 2033. The sales of benzalkonium bromide are expected to record a significant CAGR of 8.2% during the forecast period. The benzalkonium bromide market is experiencing significant growth due to …