The global functional ingredients market size was valued at USD 73.1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. This is attributed to increasing consumer awareness about the health benefits of functional ingredients, growing... Read More »
April 2023The global levulinic acid market size was valued at USD 80.7 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. The growth is attributed to superior properties of levulinic acid derivatives over their synthetic counterparts. Furthe... Read More »
April 2023The global galacto-oligosaccharide (GOS) market size was valued at USD 1.01 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. The growth is attributable to increasing penetration of the product in infant formulation.... Read More »
April 2023The global refinery catalyst market size was valued at USD 6.75 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030. The market is expected to grow on account of the increasing demand for transportation fuel globally. Stringent regula... Read More »
April 2023The global dodecanedioic acid market size was valued at USD 496.0 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. The growth is attributed to the extensive use of the product in the production of paints, engineering plastics, co... Read More »
April 2023The global animal antimicrobial and antibiotics market size was valued at USD 678.48 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. The increase in meat consumption is driving the market in several ways. In meat production, anim... Read More »
April 2023The global oleic acid market size was valued at USD 476.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.6 % from 2023 to 2030. The global demand for oleic acid is anticipated to be driven by its increasing inclusion in various skincare products such... Read More »
April 2023The global retinol market size was valued at USD 1.33 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. This is attributed to the growing inclusion of the product in various application industries, including personal care & cos... Read More »
April 2023The global palmitic acid market size was valued at USD 399.7 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030. Growing utilization of palmitic acid in the formulation of several esters, metallic soaps, and surfactants in cosmetics, fatty alcohols, fatty ami... Read More »
April 2023The global nanocellulose market size was valued at USD 351.5 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. The growth is attributable to the rise in demand for various applications and the shifting trend for using bio-based g... Read More »
April 2023The global synthetic fibers market size was valued at USD 66.11 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. Increasing consumer demand for cost-effective, durable, easy-to-wash, and maintainable fabrics is expected to drive m... Read More »
April 2023The global limonene market size was valued at USD 312.1 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The demand is anticipated to be driven by its growing inclusion in various personal care products such as eye shadow... Read More »
April 2023The global sorbitol market size was valued at USD 1.66 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. The market is expected to witness significant growth over the forecast period owing to the rising usage of diabetic and diete... Read More »
April 2023The global animal feed organic trace minerals market size was valued at USD 709.2 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. The growth is attributed to the increasing demand for animal feed. The rise in the consumption of... Read More »
April 2023The lignin derivatives market growth is attributable to increasing demand for derivatives in natural products and animal feed. Lignin derivative biopolymers offer a number of characteristics, including excellent thermal stability, antioxidant activity, biodegradability, antibacterial eff...Read More »
The global aquafeed additives market size was valued at USD 2.16 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030. The market has been growing rapidly due to an increasing demand for fish and seafood products. This trend is ex... Read More »
March 2023The global aquafeed market size was valued at USD 72.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The product demand is anticipated to be driven by its increasing consumption in the cultivation of various aquatic species,... Read More »
March 2023The global malic acid market size was valued at USD 216.21 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. Increasing demand for malic acid in the food & beverage industry for enhancing flavor is expected to drive the indust... Read More »
March 2023The global hydrocolloids market was estimated at USD 11.23 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. Growing demand for thickeners and gelling agents from pharmaceutical, personal care, cosmetics, and food & beve... Read More »
March 2023The global carrageenan market size was valued at USD 871.66 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Increasing product penetration in dairy and processed meat products on account of carrageenan’s mouth feel charac... Read More »
March 2023