In 2023, the non-linear optical polymers market is expected to be worth USD 805.4 million. The market is expected to reach USD 6,436 million by 2033, expanding at a 23.1% CAGR throughout the forecast period. Nonlinear optical polymers are materials that exhibit a response to intense light that is not linear. Instead, their optical properties …
Monthly Archives: October 2024
Unlocking Potential: The Role of Nickel Cobalt Manganese in Advancing Battery Technologies
In 2023, the Nickel Cobalt Manganese Market is expected to be worth USD 2.3 billion. The market is expected to reach USD 10.0 billion by 2033, expanding at a 15.7% CAGR throughout the forecast period. The increasing sales and production of electric vehicles is a key driver for the NCM cathode materials market. NCM cathodes are …
Projected Growth of the High-Performance Catalyst Market: A Look Ahead to 2033
The High-Performance Catalyst market is poised for significant growth over the assessment period from 2023 to 2033, with a projected compound annual growth rate (CAGR) of 4.7%. This expansion is expected to elevate the market size to approximately US$ 6,367.5 million by the end of 2033. The increasing demand for efficient and environmentally friendly catalytic …
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Frozen Desserts Market Expected to Reach USD 176 Billion by 2032, Fueled by Growing Demand
The global frozen desserts market is set to witness growth at a CAGR of 5.8% and is anticipated to reach a valuation of around USD 176 Bn by 2032. Increasing demand for organic desserts due to various health benefits associated with them such as low-fat and low-sugar content is anticipated to drive the market in the forecast period. Rising number of …
Protein Snacks Market Growth Outlook: Innovation, Demand, and Future Scope to 2032
Protein Snacks Market The worldwide sales of protein snacks is supposed to follow an expected CAGR of 9.3% in the worldwide market, during the gauge time frame. The absolute income of the worldwide protein snacks piece of the pie is esteemed at USD 4.1 Billion in 2022 and is supposed to cross USD 10 Billion by 2032. Value-added snacks that are fortified with …
Ketchup Concentrates Market Projected to Exceed USD 799.6 Million by 2033
The ketchup concentrates market is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 532 million in 2023. The steady growth of the ketchup concentrates industry is projected to be driven by factors like the availability of …
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Lycopene Food Colors Market Forecasted for Rapid Growth with a 10.7% CAGR through 2032
The global lycopene food colors market is set to grow at a CAGR of 10.7% between 2022-2032, reaching a valuation of USD 84 Mn in 2022 and USD 257 Mn by 2032. Growing demand for natural and clean label products and rising application of lycopene food color in confectionery and bakery products, beverages, packaged food Products, cosmetics, and dairy products are some of …
Brilliant Blue FCF Colors Market Set to Achieve USD 97.2 Million Globally by 2032, Growing at 4.8% CAGR
The global brilliant blue FCF colors market is projected to reach a valuation of USD 53.8 Mn in 2022, exhibiting growth at a CAGR of 4.8% during 2022-2032. Demand for brilliant blue FCF colors is expected to grow at approximately 9,500 metric tons by 2032. Brilliant blue FCF colors are widely used in processed commercial food, thereby providing them with an artificial green …
Bakery Product Market on Track to Reach USD 354 Billion by 2034 with Steady Growth at 3.8% CAGR
The estimated market leap of the bakery product market is at a CAGR of 3.80%, which promises the market to reach USD 354.02 billion by 2034. Moreover, by 2024, the market is expected to reach USD 244.14 billion. Due to rapid urbanization, the speed of an individual’s life has also increased. As a result, people have started to rely more on …
Growth of Cetrimonium Bromide: Driven by Demand in Personal Care, Pharmaceuticals, and Consumer Goods
In 2023, the cetrimonium bromide (CTAB) market is expected to be worth USD 234.0 million. The market is expected to reach USD 395.9 million by 2033, expanding at a 5.4% CAGR throughout the forecast period. Cetrimonium bromide is a quaternary ammonium compound commonly used in the production of hair care products and cosmetics. It functions …