Global market for beta carotene is projected to reach USD 754.24 million by 2030, growing at a CAGR of 3.5% from 2022 to 2030.
Europe and North America together accounted for more than 65% share of the pie in 2014 and projected to maintain their dominance over the next six years. In terms of revenue Europe accounted for 40% share of the pie. Germany was the largest carotenoids market in the Europe and accounted for more than 19% share of the region’s market. Eastern Europe offer huge untapped market potential. Globally, the U.S. is the largest market for carotenoids and is projected to grow at a CAGR of 4.5% from 2015 to 2022.
The global carotenoids market witnessed growth on the back of health benefits associated with carotenoids and shift in trend towards natural colorant. However, different government guidelines in different countries and toxic effects of carotenoids if consumed in higher quantities are the factors restraining the growth of the market. But in future emerging economies and development of different technology to create higher value natural carotenoids will provide huge market potential and bring in rich gains.
According to a new market report published by Acute Market Reports Inc’s report “Unified Communication and Collaboration Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2020 - 2028,” the UCC market is expected to grow at a CAGR of 11.9%, with the rising demand for unified communication as a service (UCaaS). Enterprises across the world are focusing to improve business communication process by upgrading existing messaging and telephony infrastructure and also by adding new applications supporting mobility due to the COVID-19 pandemic. Rising market competition, unfavorable economic conditions and travelling restrictions are forcing organizations to invest in UCC solutions which is driving the demand for web conference and collaboration applications. Furthermore, rising adoption of video conferencing applications particularly in Asia Pacific market is a prominent factor for the growth of UCC market.
The market for photonic integrated circuits (PIC) is anticipated to expand at a 29.5% CAGR between 2024 and 2032. The growth of the PIC market is propelled by factors such as the exponential increase in data traffic, technological advances in telecommunications, and the rising demand for energy-efficient solutions. Nevertheless, the complex manufacturing and integration obstacles highlight the need for innovative solutions to surmount production obstacles. The PIC market is poised for sustained growth from 2024 to 2032, driven by technological breakthroughs, evolving communication paradigms, and the imperative to improve data processing capabilities.
The latest market report published by Acute Market Reports “Breast Biopsy Devices Market - Growth, Future Prospects, Competitive Analysis, 2022 - 2030,” the global breast biopsy devices market was valued at US$ 1009.4 Mn in 2021 and expected to reach US$ 2,464.4Mn by 2030, expanding at a CAGR of 7.3% from 2022 to 2030.
According to a new market research report published by Credence Research “Electrical Conduit Systems (Rigid & Flexible; Metallic & Non-metallic) Market - Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 - 2022”, the electrical conduit systems market is expected to be majorly backed by the industrial manufacturing segment. Industrial manufacturing segment is the most promising consumer for high performance conduit systems such as PVC-coated and galvanized steel conduit systems. Since these are among the costliest conduit systems, industrial manufacturing becomes highly profitable segment.
According to a new market research report published by Acute Market Reports “Electrical Conduit Systems Market (Rigid & Flexible; Metallic & Non-metallic) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2022 - 2030” the global electrical conduits market is estimated to expand with a CAGR of 10.1% from 2022 to 2030.
The latest market report published by Acute Market Reports “Global Laxatives Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016-2022,” the laxatives market was valued at USD 4,739.42 Mn in 2015, and is expected to reach USD 6,948.07 Mn by 2022, expanding at a CAGR of 5.6% from 2016 to 2022.
The laxative market is of paramount importance in facilitating the alleviation of constipation and associated gastrointestinal complications. From 2024 to 2032, the laxative market is anticipated to expand at a compound annual growth rate (CAGR) of 6.1%, propelled by rising health consciousness and evolving lifestyles. In the period between 2024 and 2032, it is anticipated that the market will further develop, characterized by formulation innovations and an expanded spectrum of applications.
