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The carnauba wax market is expected to escalate at a CAGR of 4.2%, from USD 290.0 million in 2022 to USD 435.8 million through 2032. Amid the COVID-19 crisis, the global market for carnauba wax is estimated at US$ 290.0 Million in 2022 to US$ 435.8 Million in 2032. Previously, the market grew at a faster rate …
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According to FMI, the global plant-based preservatives market size is projected to expand from USD 3.1 billion in 2022 to USD 5.8 billion by 2032, with a strong compound annual growth rate (CAGR) of 6.6% over the forecast period. The growing preference for natural food preservatives over chemical alternatives is a major driver of sales …
The global alpha-amylase baking enzyme market is expected to secure a market value worth US$ 465 Million while expanding at a CAGR of 3.8% during the time period. The market’s growth can be accredited to the increasing importance of enzymes in bread making to provide various features such as; color texture, dough improvement, and softness. Increasing demand …
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The silicon carbide market is expected to experience steady growth at a compounded annual rate of 7.5% throughout the forecast period. During this period, it is projected that the silicon carbide market will attain a total value of approximately USD 5.8 billion by the year 2032 improving from the valuation of USD 2.8 billion in 2022. Another name for silicon …
Anthocyanin food colors market is witnessing substantial growth due to the rising demand for natural food additives. These plant pigments, found in fruits and vegetables, are gaining popularity as a healthier alternative to synthetic dyes. Consumers are increasingly seeking clean-label products, propelling the demand for anthocyanin food colors across various industries like beverages, confectionery, and dairy. …
As per Future Market Insight’s analysis, the global Gluconolactone market size is anticipated to achieve a valuation of USD 256.2 million by 2033, reflecting a CAGR of 8%. This represents a significant surge compared to the projected worth of USD 120 million in 2023. The ever-increasing global population and rapid urbanization drive the demand for …
In 2022, the global microbial seed treatment market achieved sales of USD 988.3 million. The industry saw a 9.8% year-on-year growth in 2023 and is expected to reach USD 1,191.5 million in revenue by 2024. From 2024 to 2034, the market is projected to grow at a compound annual growth rate (CAGR) of 12.5%, reaching …
The global catalase market size is currently valued at USD 387.4 million and is projected to grow to USD 516.6 million by 2032, with a compound annual growth rate (CAGR) of 2.9% from 2022 to 2032. Catalase is a widely occurring enzyme present in nearly all living organisms. It accelerates the decomposition of hydrogen peroxide …
The global health and wellness product market size value is estimated to be around USD 7,235 million in 2024. The overall market size, in terms of value, was around USD 4,947 million in 2019, and it expanded at a rate of 7.9% per year between 2019 and 2023. The pandemic prompted a shift in behavior across all demographics, leading to …
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