The global probiotics market size was valued at USD 58 Billion in 2022 and is expected to expand to USD 103 Billion by 2030 at a CAGR of 8.3%. Probiotics are frequently employed to strengthen the immune system, enhance digestion, and prevent or cure an assortment of health issues. Probiotic products come in a variety of formats to suit a variety of tastes and dietary needs, including capsules, pills, powders, yogurts, fermented foods, and drinks. The global probiotics market has been growing...
The global paper straw market size is expected to expand to USD 13.1 Billion by 2030 at 8.2% CAGR over the forecast period. The expanding campaign against single-use plastics and growing environmental sustainability concerns are driving the robust expansion of the paper straw business worldwide. There has been a noticeable shift towards environment-friendly substitutes like paper straws, due to limitations, and prohibitions on plastic straws implemented by governments, and regulatory...
The global smart packaging market size is expected to expand to USD 30.3 Billion by 2030 at a 5.1% CAGR over the forecast period. Driven by cutting-edge technology and creative packaging strategies, the market for smart packaging is expanding dramatically. The enhancements to waste minimization, supply chain transparency, and product traceability are the other major factors driving the global smart packaging market. Together with the advancement of IoT technology, the desire for...
Bubble tea, also known as boba tea or tea with milk, is a famous Taiwanese beverage that has grown in popularity across the world in recent years. The drink is made out of a tea base blended with fruit or milk and crunchy tapioca pearls, called boba. The global bubble tea market is expected to expand to USD 4.15 Billion by 2030 at an 8.8 % CAGR over the forecast period. The growing demand for new customized drinks and rising disposable income have contributed to the enormous growth of the...
The global radiopharmaceuticals market is anticipated to reach USD 11.3 Billion by 2030 at a 9.7% CAGR during the forecast period. The market is a quickly developing area of nuclear medicine, propelled by the rising incidence of cardiovascular and cancerous conditions, the aging of the population, and improvements in medical imaging techniques like PET and SPECT. Nuclear medicine procedures have increased dramatically in recent years, with radiopharmaceuticals playing a critical role in...
The global aerospace bearings market size is expected to expand to USD 15.1. Billion by 2030 at a 3.4% CAGR over the forecast period. The aerospace industry is enormous and challenging, spanning a wide range of operations relevant to the creation, building, and operation of aeroplanes, spacecraft, and associated technological advances. The aircraft industry is also exposed to considerable supervision and regulation from national and international authorities, notably in the realms of...
The market size for the global graphic processing unit market is expected to expand to USD 256 Billion by 2030 at a 33.5% CAGR over the forecast period. The GPU (Graphic Processing Unit) market is a fast-paced, constantly evolving industry. The rapid adoption of big data technology to generate actionable business insight is expected to boost demand for GPUs. The rising emphasis on technological involvement for enhanced company management and decision-making will also drive the adoption of...
The global electric toothbrush market size is expected to expand to USD 4.2 Billion by 2030 at a 3.9% CAGR over the forecast period. The toothbrush market is a growing and significant segment of the global oral care market. The fact that over 50% of preschoolers worldwide have dental caries highlights the growing need for efficient oral care solutions that address this issue. The choice of appropriate dental care products is influenced by consultations with dentists, thereby increasing...
The global premium hair care market size is expected to expand to USD 35.9 Billion by 2030 at a 6.8% CAGR over the forecast period. The premium hair care market caters to consumers looking for high-quality hair care products and is expanding rapidly as consumer awareness of hair health continues to grow. There is an increasing demand for premium products that provide innovative formulas, incorporate natural ingredients, and offer remedies for specific hair conditions. This heightened...
