The global vertical farming market was valued at USD 6.92 billion in 2023, with a projected compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is attributed to the increasing adoption of environment-friendly methods for producing fruits and vegetables. As the global population continues to rise, urban agriculture has become essential to meet the demand for food in...

The global smart factory market was valued at USD 130.25 billion in 2022, with expectations to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030. This expansion is driven by several key factors, including a heightened focus on energy efficiency, enhancements in manufacturing productivity, and the development of advanced manufacturing infrastructures worldwide. Emerging...

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This steady growth is driven by rising demand for a variety of food products such as margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that use protein ingredients. Increased consumption of...

The global nanocellulose market was valued at USD 351.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This growth is driven by increasing demand across diverse applications, along with a shift toward bio-based products. Nanocellulose, derived from plant cellulose, exhibits unique properties such as enhanced efficiency in paper...

The global urinary catheters market was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. This growth is driven by a rising number of patients affected by urinary tract infections (UTIs), urethral blockages, tumors in the urinary tract or reproductive organs, and a rapidly increasing elderly population. Urinary catheters...

The global textile chemicals market was valued at USD 26.44 billion in 2023, with a projected growth rate (CAGR) of 4.5% from 2024 to 2030. This increase in demand is largely driven by the booming clothing and apparel industry, fueled by global population growth, urbanization, and rising disposable incomes. Textile chemicals encompass a variety of substances used at different stages of textile...

The global nurse call systems market reached a value of USD 1.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.11% from 2023 to 2030. This growth is driven by the increasing demand for integrated, adaptable platforms that improve patient care and communication within healthcare settings. Nurse call systems enable efficient communication between patients...

The global modified starch market reached a value of USD 11.8 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. This growth is fueled primarily by the increasing global population, which in turn drives demand for processed and convenience foods. Modified starch is a valuable ingredient in ready-to-eat food products because it improves...

The global printing inks market was valued at USD 19.2 billion in 2020, with growth projected at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. This market is expected to see moderate growth over the forecast period, largely driven by demand from industries such as flexible packaging, commercial printing and publishing, and packaging labels. These sectors utilize printing inks...

The global outdoor power equipment market was valued at USD 46.53 billion in 2021, and it is projected to grow significantly, reaching USD 76.61 billion by 2030 at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. This anticipated growth can be largely attributed to a rising preference for cordless outdoor power equipment, as consumers seek products that provide greater...