Press Releases from Fact.MR (44483 total)
Global Digital Transformation Market is anticipated at 14.2% from 2022-to 2032
The demand for digital transformation is expected to reach US$ 2.3 Trillion in 2032, exhibiting a growth rate of 14.2%. The Y-o-Y for 2021-2022 is estimated at 19.1%.
The industry is expected to exhibit a growth rate of 23.6% from 2015 to 2021. In the forecast period, the Internet of Things segment, by technology, is expected to lead the market, exhibiting a CAGR of 13.8% during the forecast period from 2022-2032.
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Real-Time Payments Market is likely to register a positive CAGR of 33% in the fo β¦
Fact.MR projects that the demand for real-time payments is poised to witness a remarkable expansion, with a projected CAGR of 33% in terms of value throughout the assessment period. The report anticipates that the real-time payments market will exceed US$ 277.09 billion by the conclusion of 2032.
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The surge in market growth is attributable to the widespread adoption of smartphonesβ¦
Global Grassfed Meat Market is predicted to develop at a CAGR of 5.4% from 2023 β¦
The global grassfed meat market is predicted to develop at a CAGR of 5.4% from 2023 to 2033. The market stands at US$ 13 billion in 2023 and is slated to reach US$ 22 billion by 2033-end.
The sales of grassfed meat have experienced steady growth in recent years, driven by factors such as shifting consumer preferences, increasing health awareness, and a demand for high-quality meat products.
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Consumption of Coffee is anticipated to increase at 4.6% CAGR From 2023 to 2033
According to a recently published report by Fact.MR, the global coffee market is anticipated to reach a value of US$ 34.3 billion by the end of 2022. The demand for coffee is expected to experience moderate growth, primarily driven by the increasing demand for caffeine-based dietary supplements and the rising inclusion of dairy beverages in daily diets.
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High-Value Projections: Prebiotic Fiber Market to Expand Rapidly at 10.9% CAGR
Expanding at a robust CAGR of 10.9%, the global prebiotic fiber market, valued at US$ 7.08 billion in 2023, is forecasted to soar to US$ 19.94 billion by 2033. Prebiotic fibers, naturally occurring in numerous foods like fruits, vegetables, whole grains, and legumes, offer promising health benefits. Notably, soluble fibers like apple pectin are associated with potential advantages such as reducing cholesterol and blood pressure, as well as promoting gutβ¦
Satellite Communication Market is expected to grow with a 9.4% CAGR, during the β¦
The satellite communication market is projected to experience a robust Compound Annual Growth Rate (CAGR) of 9.4%, as indicated by Fact.MR. In 2021, the global valuation of this market was estimated to be US$ 59.32 Billion, and it is anticipated to reach a total of US$ 192.09 Billion by 2032. Satellite communication involves the use of artificial satellites to establish communication linkages between different locations on Earth.
A communication satellite isβ¦
Glass Tableware Market Is Predicted To Expand At A CAGR Of 3.8% Through 2033
The Glass Tableware Industry sales study offers a comprehensive analysis on diverse features including production capacities, Glass Tableware demand, product developments, sales revenue generation and Glass Tableware market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Glass Tableware market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size ofβ¦
Serial Device Server Market Forecast: Expected Surge to $459.5 Million by 2033, β¦
The Serial Device Server Industry sales study offers a comprehensive analysis on diverse features including production capacities, Serial Device Server demand, product developments, sales revenue generation and Serial Device Server market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Serial Device Server market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes andβ¦
Riding Gear Market Set to Reach $29.4 Billion by 2033, Says Fact.MR Analysis
According to Fact.MR, a leading provider of market research and competitive intelligence, the global Riding Gear Market is valued at US$ 19.3 billion in 2023 and is anticipated to grow at a CAGR of 6.2% from 2023 to 2033.
The growing popularity of motorcycling as both a recreational and commuting activity across various demographics has been a significant driver of market expansion. This surge in popularity has prompted an increased emphasisβ¦
Forecasting Growth: Counterfeit Money Detection Market to Reach US$ 5.4 Billion β¦
The Counterfeit Money Detection Industry sales study offers a comprehensive analysis on diverse features including production capacities, Counterfeit Money Detection demand, product developments, sales revenue generation and Counterfeit Money Detection market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Counterfeit Money Detection market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes andβ¦
Projected Growth: Edible Flakes Market Set to Double to US$ 12 Billion by 2033
A recent study by Fact.MR, a prominent market research and competitive intelligence provider, predicts that the global market for edible flakes will soar to a valuation of US$ 12 billion by the conclusion of 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 7%.
The edible flakes market is experiencing rapid growth and represents a burgeoning sector within the global food industry. Cereal flakes, oat flakes, rice flakes, and corn flakesβ¦
Gallium Nitride Semiconductor Devices Market Anticipated to Grow at 23 % CAGR to β¦
The Gallium Nitride Semiconductor Devices market holds a significant share in the United States, contributing around 30% of the total revenue. This growth is fueled by increased investments from the defense and aerospace sectors in research and development initiatives. Furthermore, government-backed funding allocated to semiconductor companies in the region is expected to further bolster market expansion.
In 2022, the gallium nitride semiconductor devices market reached US$ 1.23 billion, with projections indicatingβ¦
Low-loss Materials for 5G Market is Expected to Progress at 25.4% CAGR to Reach β¦
The current value of the π₯π¨π°-π₯π¨π¬π¬ π¦ππππ«π’ππ₯π¬ π¦ππ«π€ππ for 5G in the United States is estimated at around US$ 2.6 million, with forecasts indicating significant growth to reach US$ 19.2 million by 2032. Major telecom giants in the U.S., such as AT&T and Verizon, have already embarked on deploying 5G networks, showcasing concerted efforts to ensure nationwide availability of 5G services across their platforms.
On a global scale, the low-loss materialsβ¦
Home Diagnostics Market Predicted to Reach US$ 10.32 Billion at a CAGR of 5.2% b β¦
The global π‘π¨π¦π ππ’ππ π§π¨π¬ππ’ππ¬ π¦ππ«π€ππ reached a valuation of US$ 6.21 billion in 2023, with a projected Compound Annual Growth Rate (CAGR) of 5.2% over the next decade. By the end of 2033, the market is expected to grow to US$ 10.32 billion.
Home diagnostics encompasses diagnostic kits designed for use by individuals without medical expertise, offering convenience and accessibility. The rising prevalence of chronic diseases and the growing necessity forβ¦
Desalination Technologies Market Forecasted to Grow at CAGR of 11% to Achieve US β¦
The sales of πππ¬ππ₯π’π§πππ’π¨π§ ππππ‘π§π¨π₯π¨π π’ππ¬ π¦ππ«π€ππ in the United States soared to a total value of $1.8 billion in 2022. The escalating adoption of desalination technologies is fueled by mounting concerns over water scarcity, particularly evident in arid regions like California and Texas.
As of 2023, the desalination technologies market is valued at approximately $16.87 billion in terms of revenue. Projections indicate robust growth ahead, with an expected surge to aβ¦
Space Mining Market is Poised to Grow at a CAGR of 16.1% to Reach US$ 7.61 Billi β¦
The Space Mining Market in North America is poised to secure a significant share of the global market by 2033, driven by prominent industry players including Deep Space Industries, NASA, Moon Express, Shackleton Energy Company, and Planetary Resources. The increasing number of space mining missions spearheaded by NASA further bolsters market expansion in the region.
According to a recent research report from Fact.MR, the global space mining market reached a valuationβ¦
EV Traction Motor Market is Growing at a CAGR of 25% to Reach US$ 93.72 Billion β¦
The ππ₯ππππ«π’π π―ππ‘π’ππ₯π (ππ) ππ«ππππ’π¨π§ π¦π¨ππ¨π«π¬ π¦ππ«π€ππ in the United States is forecasted to achieve a valuation of US$ 19.49 billion by 2033. Both the federal government and various state authorities across the country have enacted a series of regulations and incentives aimed at encouraging the adoption of electric vehicles. These measures include tax credits, rebates, grants, and subsidies designed to facilitate consumer financing for electric vehicles. The availability ofβ¦
Coal Handling System Market Expected to Reach US$ 8.09 Billion by 2033 with 4.5% β¦
The global coal handling system market size reached US$ 4.98 billion in 2022, according to the latest market study by Fact.MR. Over the projection period (2023 to 2033), worldwide coal handling system sales are predicted to rise steadily at 4.5% CAGR and climb to a market value of US$ 8.09 billion by 2033-end.
The coal handling system market plays a crucial role in the efficient management and transportation of coal fromβ¦
Conveyor Oven Market to Reach US$ 134.9 Million by 2033 with a 3.7% CAGR Growth
Fact.MR, in its recently published market research report, reveals that, expanding at a CAGR of 3.7%, the global conveyor oven market is projected to increase from a valuation of US$ 93.8 million in 2023 to US$ 134.9 million by 2033-end.
The conveyor oven market has witnessed remarkable growth in recent years due to its widespread application in various industries, including foodservice, manufacturing, and electronics. Conveyor ovens are known for their efficiency,β¦
Global Continuous Ship Unloader Market Set to Surge, Projected to Reach US$ 55.6 β¦
According to the detailed industry report by Fact.MR, the global continuous ship unloader market is predicted to reach US$ 55.60 billion by the end of 2033, up from its current value of US$ 31 billion in 2023. Global sales of continuous ship unloaders are predicted to rise at a CAGR of 6% from 2023 to 2033.
The Continuous Ship Unloader (CSU) market plays a pivotal role in the efficient handling ofβ¦
Crypto ATM Market is Projected to Increase at a CAGR of 57% Through 2033
The global crypto ATM market is predicted to be worth US$ 181 million in 2023 and increase at a CAGR of 57% to US$ 16.85 billion by the end of 2033.
The Crypto ATM market stands at the intersection of traditional finance and the digital revolution, providing a tangible bridge for individuals to enter the world of cryptocurrencies. Crypto ATMs, or Bitcoin ATMs, have emerged as crucial touchpoints for users seekingβ¦
Global Botanical Extract Market to Reach $13.5 Billion at a Steady 8% CAGR by 20 β¦
The global botanical extract market is anticipated to be valued $6.16 billion by 2023. The market is predicted to develop at a healthy 8% CAGR and reach a value of $13.5 billion by the end of 2033.
The Botanical Extract market stands as a testament to the enduring allure of nature's bounty in the realm of health and wellness. Botanical extracts, derived from plants and herbs, have found a pervasive presenceβ¦
Dairy Stabilizer Market is Forecasted to Reach a Value of US$ 134 Million by 203 β¦
The global dairy stabilizer market is predicted to earn $81 million in revenue in 2024, increasing to $134 million by the end of 2034. The global market for dairy stabilizer's is predicted to grow at a 5.1% CAGR over the next ten years.
The Dairy Stabilizer market plays a vital role in the food industry, ensuring the stability and quality of dairy products that consumers rely on daily. As a crucialβ¦
Demand for Antibody Testing Market is forecasted to reach a value of US$ 18.89 b β¦
The antibody testing market is estimated to be valued at US$ 9.17 billion in 2024. The global demand for antibody testing products is projected to grow at a compound annual growth rate (CAGR) of 7.5%, reaching a market value of US$ 18.89 billion by the end of 2034.
Market Dynamics:
The antibody testing market is propelled by several key dynamics. Firstly, the rising incidence of infectious diseases, including COVID-19, HIV/AIDS, and hepatitis,β¦
Sales of Acne Treatment Market is projected to increase at a CAGR of 5.6% throug β¦
The acne treatment market is projected to be valued at US$ 7.2 billion in 2024, with estimations indicating a substantial growth trajectory. By the year 2034, it is forecasted to reach a market size of US$ 12.44 billion. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 5.6% between the years 2024 and 2034.
Market Dynamics:
The acne treatment market is influenced by several key factors. Firstly, the rise inβ¦
Demand for the Adhesion Barrier Market is projected to reach a value of US$ 3.98 β¦
The global adhesion barrier market is estimated to be valued at US$ 3.16 billion in 2024. Projections indicate a steady growth trajectory, with demand expected to progress at a compound annual growth rate (CAGR) of 2.3%. By the conclusion of 2034, the market is forecasted to achieve a valuation of US$ 3.98 billion.
Market Dynamics:
Adhesion barriers have emerged as a crucial tool in surgeries, offering significant advantages in reducing postoperative complications.β¦
Demand for Bioabsorbable Implant Market is forecasted to reach a value of US$ 83 β¦
The bioabsorbable implant market is valued at US$ 664.8 million in 2024 and is projected to grow to US$ 836.5 million by 2034, representing a compound annual growth rate (CAGR) of 2.3% during the forecast period from 2024 to 2034.
Market Dynamics
The bioabsorbable implant market is primarily fueled by the rising prevalence of orthopedic and cardiac conditions, coupled with the growing demand for advanced treatment options. Conditions such as osteoarthritis, osteoporosis,β¦
Telemedicine Market Set to Expand to US$ 57 Billion by 2034
The telemedicine market is forecasted to reach US$ 17.83 billion in 2024, with a projected global demand growth rate of 12.3% CAGR. By the end of 2034, the market is expected to expand significantly, reaching a size of US$ 57 billion.
Market Dynamics
The telemedicine market is being propelled by several key factors. Firstly, the increasing prevalence of chronic diseases, coupled with an aging population, has created a growing demand for accessibleβ¦
Mammalian Cell Banking Market Soars: Projected $1.85 Billion Valuation by 2034
The mammalian cell banking market size is on track to reach US$ 499.7 million in 2024. The market is poised for rapid growth, with an extraordinary compound annual growth rate (CAGR) of 14.0% projected through 2034. This expansion is anticipated to elevate the market to a substantial valuation of US$ 1,845.6 million by 2034.
Mammalian cell banking plays a pivotal role in the field of biotechnology, serving as a cornerstone forβ¦
Bioinformatics Market Projected to Reach $50.25 Billion with 13.4% CAGR by 2034
The global bioinformatics industry is expected to be valued $14.29 billion in 2024 and $50.25 billion in 2034, growing rapidly at a CAGR of 13.4% during the next ten years. The market exemplifies the ongoing convergence of biology and technology, providing critical tools and insights for understanding complicated biological data. This developing discipline employs computational methods to decode, organize, and assess massive amounts of biological data, such as genomic data,β¦
Demand for the TPU Elastomer Market is projected to reach a value of US$ 6.55 bi β¦
In 2024, the TPU elastomer market is estimated to reach a value of US$ 3.65 billion. Global sales of thermoplastic polyurethane (TPU) elastomers are forecasted to grow at a compound annual growth rate (CAGR) of 6%, reaching US$ 6.55 billion by 2034.
TPU Elastomer Market Dynamics
Thermoplastic Polyurethane (TPU) elastomers are versatile materials widely used in various industries due to their exceptional properties, including flexibility, durability, and resistance to abrasion, chemicals, andβ¦
Reinsurance Market is Expected to reach USD 598.85 Billion by 2033
The global reinsurance market is predicted to increase at a 4% CAGR until 2033, reaching $598.85 billion, up from $404.56 billion in 2023.
The reinsurance market plays a pivotal role in the global insurance landscape, acting as a safety net for primary insurers. This article provides an insightful overview of the reinsurance market, shedding light on its fundamental concepts, functions, and significance within the broader insurance industry. From risk mitigation strategiesβ¦
Milk Protein Concentrate Market is Forecasted to Reach a Value of US$ 7.64 Billi β¦
The global milk protein concentrate market is expected to be valued $4.01 billion in 2024, and $7.64 billion by the end of 2034. Between 2024 and 2034, global demand for milk protein concentrates is predicted to grow at a 6.7% CAGR.
The global milk protein concentrate market has witnessed remarkable growth in recent years, driven by the increasing demand for high-protein products in the food and beverage industry. Milk protein concentrate,β¦
Non-Invasive Ventilation Market to Hit US$ 8.86 Billion by 2034: Fact.MR Study
Fact.MR, in its newly published study, says that the global non-invasive ventilation mask and circuit market size is anticipated to secure a valuation of US$ 3,641.2 million in 2024. The global market is forecasted to increase at 9.3% CAGR and reach a market value of US$ 8,860.0 million by the end of 2034.
The Non-Invasive Ventilation (NIV) mask and circuit market has witnessed substantial growth in recent years, driven by advancementsβ¦
Mesotherapy Market Soars: Projected to Reach US$ 1.3 Billion by 2034 with a 10.2 β¦
The global mesotherapy market is estimated to be US$ 489.4 million in 2024. The market is expected to register a robust CAGR of 10.2% from 2024 to 2034. By the end of the forecast period, the market size is expected to have ballooned to US$ 1,293.2 million.
Mesotherapy, a minimally invasive cosmetic procedure that involves injecting small amounts of various substances into the middle layer of the skin, has gained significantβ¦
Global Metrology Services is projected to reach a market size of US$ 1.8 Billion β¦
According to Fact.MR, a market research and competitive intelligence provider, Metrology Services have been driven by factors such as the ever-increasing need for effective product measuring solutions in order to evaluate the geometrical properties of assemblies while ensuring design accuracy and item quality at low operational costs.
The global metrology services market is expected to be worth US$ 1.0 billion in fiscal year 2023, up from US$ 950 million in fiscalβ¦
Poultry Feed consumption is projected to increase steadily at 6.3% CAGR from 202 β¦
According to Fact.MR, a leading provider of market research and competitive intelligence, the global Poultry Feed Market, valued at US$ 123.5 billion in 2023, is poised for substantial growth, reaching US$ 228.1 billion by 2033 at a robust Compound Annual Growth Rate (CAGR) of 6.3%. This surge is attributed to the increasing demand for protein-rich diets, with chicken and eggs emerging as preferred protein sources worldwide.
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Global Predictive Maintenance Market is anticipated to display a CAGR of 21.9% f β¦
The global predictive maintenance market is expected to secure a market value worth US$ 45.5 Billion while displaying a CAGR of 21.9% during the forecast period from 2022 to 2032. The development of the market can be attributed to rapid digitization and growing urbanization.
Ongoing advancements in machine-to-machine communication, artificial intelligence, and big data have provided new methods to secure information deduced from AI means. Advanced techniques provide enterprises tools toβ¦
Demand for Computer Rental & Leasing is anticipated to reach US$ 5.5 billion by β¦
The global computer rental and leasing market is valued at $4.5 billion in 2022 and is expected to grow to $5.5 billion by 2032, at a CAGR of 2.1% during the forecast period (2022-2032).
At the end of 2021, computer rental and leasing accounted for nearly 10% of the global enterprise hardware rental market.
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Computers are an essential tool for business. Rentingβ¦
Sports Luggage demand in Germany is set to rise at a CAGR of 5% from 2023 to 203 β¦
In 2023, the global Sports Luggage Market has attained a valuation of US$ 2.12 billion, and it is anticipated to register a remarkable Compound Annual Growth Rate (CAGR) of 6% from 2023 to 2033, according to a recent study by Fact.MR, a provider of market research and competitive intelligence.
The escalating popularity of sports and outdoor activities is driving the adoption of sports luggage. Enthusiasts, athletes, and recreational travelers are increasinglyβ¦
Sleep Masks Market Projected to Reach US$ 25.7 Million by 2033: Fact.MR Report
The Sleep Mask Industry sales study offers a comprehensive analysis on diverse features including production capacities, Sleep Mask demand, product developments, sales revenue generation and Sleep Mask market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Sleep Mask market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size ofβ¦
Sports Analytics Market Is Expected To Achieve A Valuation Of US$ 59.47 Billion β¦
The Sports Analytics Industry sales study offers a comprehensive analysis on diverse features including production capacities, Sports Analytics demand, product developments, sales revenue generation and Sports Analytics market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Sports Analytics market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size ofβ¦
Recovery Footwear Market Set to Reach US$ 28.76 Billion by 2034: Fact.MR Report
In a recent study by Fact.MR, a leading provider of market research and competitive intelligence, findings indicate that the global Recovery Footwear Market is valued at US$ 16.21 billion in 2024. Projections suggest that worldwide sales of therapeutic footwear will escalate to US$ 28.76 billion by the end of 2034. The surge in the prevalence of ankle and foot injuries is anticipated to drive the demand for recovery footwear, offeringβ¦
Forecasted Growth: Bromelain Market to Surge at 7.5% CAGR, Reaching US$ 56.2 Mil β¦
The Bromelain Industry sales study offers a comprehensive analysis on diverse features including production capacities, Bromelain demand, product developments, sales revenue generation and Bromelain market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Bromelain market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
A newβ¦
Fishing Rod Market Set to Surge at 4.4% CAGR, Reaching US$ 1.98 Billion by 2034
According to the most recent industry analysis conducted by Fact.MR, a leading provider of market research and competitive intelligence, the global Fishing Rod Market is projected to be valued at US$ 1.29 billion in 2024 and is expected to grow to US$ 1.98 billion by the conclusion of 2034.
This market surge is fueled by a blend of technological innovations, shifting consumer inclinations toward modern fishing gear, and the rising trendβ¦
Trends & Insights in Tea Concentrate Industry: Reaching US$ 2,378.6 Million by 2 β¦
Tea concentrate industries have emerged as a significant player in the beverage market, offering consumers a convenient and versatile way to enjoy tea flavors in various forms. These industries specialize in producing concentrated tea extracts, which can be used to prepare a wide range of beverages, including iced tea, hot tea, flavored tea drinks, and tea-based cocktails.
The global tea concentrate market size reached US$ 1,512.5 million in 2024, with aβ¦
Insoluble Dietary Fiber Market Projection: Surge to US$ 4.65 Billion by 2034 wit β¦
The global market for insoluble dietary fiber is poised for substantial growth, with an anticipated reach of US$ 2.8 billion by 2023, and a robust CAGR of 8.9% expected during the forecast period spanning from 2023 to 2033. By 2033, total revenue from insoluble dietary fiber sales is forecasted to hit US$ 6.6 billion.
This surge in the insoluble dietary fiber market is driven by several factors. There's a growing demandβ¦
Medical Animation Market forecasted to rise at a CAGR of 20% by 2033
According to Fact.MR, the global medical animation market attained a value of US$ 316.11 million in 2022. Projections indicate a significant growth trajectory over the assessment period from 2023 to 2033, with a forecasted robust compound annual growth rate (CAGR) of 20%. By the conclusion of 2033, the market is anticipated to reach a substantial size of US$ 2.35 billion.
The surge in demand is attributed to the increasing adoption ofβ¦
2024 Industrial Wax Demand Reaches US$ 8,356.7 Million: Bio-based Segment Domina β¦
Industrial wax is a versatile material that plays a crucial role in various manufacturing processes across a wide range of industries. From candles to cosmetics, from packaging to pharmaceuticals, industrial wax serves as a fundamental component in countless products and applications.
The net worth of the industrial wax market is projected to escalate further, with estimations placing its value at approximately π¨π¦$ π΄,π―π±π².π³ πΊπΆπΉπΉπΆπΌπ» by 2024. This significant uptick underscores theβ¦
Absorption Chiller Market estimated to reach US$ 2.39 Billion by 2033 | Fact.MR
Absorption Chiller Market: Driving Sustainable Cooling Solutions:
A recent study by Fact.MR unveils that the global absorption chiller market has been appraised at US$ 1.51 Billion in 2023. Forecasts indicate a substantial increase, with expectations reaching US$ 2.39 Billion by 2033. This growth trajectory suggests a projected compound annual growth rate (CAGR) of 4.7% spanning the forecast period from 2023 to 2033.
In an era where sustainability is paramount and environmental concernsβ¦
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