The global flavonoid market size was valued at $1,497.7 million in 2020, and is projected to reach $2,717.8 million by 2030, registering a CAGR of 6.2% from 2021 to 2030. The rising consumer awareness regarding the health benefits offered by flavonoid as a supplement is anticipated to remain a major driving factor for the growth …
Monthly Archives: September 2022
Corn Syrup Market Projected To Reach Approximately USD 13.5 Billion By 2031
According to the report, the global Corn Syrup Market generated $9.8 billion in 2021, and is anticipated to generate $13.5 billion by 2031, witnessing a CAGR of 3.2% from 2022 to 2031. Prime determinants of growth Exponential increase in the global population, rapid urbanization, changes in food habits, and surge in demand for packaged food drive the growth of …
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Food Antioxidants Market To Exhibit Increased Demand In The Coming Years, 2022-2029
Antioxidants are chemicals that aid in fighting the potentially harmful effects of unstable substances known as free radicals. Free radicals are compounds formed during the bodys normal metabolic processes and through general wear and tear on body cells. Antioxidants help in destroying some of the free radicals that would harm or damage the body cells. …
Wind Energy Offers A Bright Future In Coming Years
Global wind energy market size was valued at $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, growing at a CAGR of 9.3% from 2020 to 2027. Wind energy, a type of renewable energy, is used to generate electric energy from kinetic energy source. Wind turbine converts the wind energy into …
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Halal Cosmetics Market is Booming Across the Globe and Witness Huge Growth by Key Players to 2031
According to a new report published by Allied Market Research, titled, “Halal Cosmetics Market 2020-2031,” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. The halal cosmetics market size was valued at $30,685.40 million in 2020, and is estimated to reach $144,816.10 million …
Solar PV Module Development Leads To High Demand by 2031
Global solar PV module market is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 to 2030. A solar PV module, is an assembly of photo-voltaic cells mounted in a framework for installation. Solar panels use sunlight as a source of energy to generate direct current electricity. A collection …
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Microgreens Market Size is projected to reach $2.2 billion by 2028, growing at a CAGR of 11.1% from 2021 to 2028
According to a new report published by Allied Market Research, titled, “Microgreens Market,” The microgreens market size was valued at $1.3 billion in 2019, and is estimated to reach $2.2 billion by 2028, growing at a CAGR of 11.1% from 2021 to 2028. Microgreens are edible plants that are harvested in the juvenile growth stage. …
Lithium-ion Battery Market Estimated to Hit $129.3 Billion by 2027
The lithium-ion battery market size was valued $36.7 billion in 2019, and is projected to reach$129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Lithium-ion batteries are widely used in electronic devices such as tablets, laptops, mobile phones, PCs, and cameras due to their prolonged service life and high energy density. …
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Hydrogen Energy Storage Market Estimated to Hit $25.4 Billion by 2027
The global hydrogen energy storage market size was valued at $15.4 billion in 2019, and is projected to reach $25.4 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027. Proliferating demand for sustainable energy resource is expected to drive the hydrogen energy storage market growth. Hydrogen energy storage as a replacement …
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Canopy Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis by 2029
Use of canopies in both residential and non-residential sectors is expected to drive the growth of the global canopy market. Canopies are used in open areas to provide shelter from adverse weather conditions and for expansion of usable spaces. In certain buildings, canopies are used for beautification purposes. These trends help to propel the global …