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According to the latest report by IMARC Group, titled “China Castor Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the China castor oil market size reached 298.6 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 365.8 Kilo Tons by 2027, exhibiting a CAGR of 3.5% during 2022-2027. Market Trends: The rising demand for castor oil for the treatment of various health conditions and the increasing geriatric population are prime factors driving the market growth in China. It is also extensively used for easing nerve inflammations, joint pains due to arthiritis, and sore muscles, which is facilitating its sales in the country. Apart from this, the easy product availability through both online and offline distribution channels at affordable price points is creating a positive outlook for the market across China. Market Overview: Castor oil is a vegetable oil produced from castor beans that are primarily found in the ... Continue reading →

IMARC Group, a leading market research company, has recently releases report titled “Tofu Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global tofu market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the tofu market? The global tofu market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. What is tofu? Tofu, also known as bean curd, represents a creamy and protein-rich item that is prepared by coagulating and pressing fresh soy milk into a solid block. It is a rich source of calcium, copper, iron, zinc, amino acids, vitamin B1, etc. Tofu assists in enhancing skin texture, boosting energy levels, maintaining a healthy ... Continue reading →

IMARC Group, a leading market research company, has recently released a report titled “Smart Highway Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global smart highway market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the smart highway market? The global smart highway market size reached US$ 34.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 93.3 Billion by 2027, exhibiting a growth rate (CAGR) of 18.16% during 2022-2027. What is smart highway? Smart highways represent a roadway infrastructure that is integrated with communication and network technologies to make driving safe and improve connectivity. It uses acoustic and speed sensors, closed-circuit television (CCTV) cameras, and digital signage as standard ... Continue reading →

According to the latest report by IMARC Group, titled " Mammography Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global mammography market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. What is the market for mammography? The global mammography market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a growth rate (CAGR) of 9.55% during 2022-2027. Market Trends: The global mammography market is primarily being driven by the rising prevalence of breast cancer, along with the increasing awareness regarding the early detection of tumors, breast cancer and cysts among the patients. Moreover, various technological advancements, such as the introduction of novel three-dimensional (3D) digital breast ... Continue reading →

IMARC Group has recently released a new research study titled "North America Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. Market Outlook: The North America pharmaceutical contract packaging market size reached US$ 7.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2027, exhibiting a CAGR of 7.88% during 2022-2027. Pharmaceutical contract packaging includes third-party packaging services, facilities, and equipment that are offered for pharmaceutical products. Some of the commonly used packaging products comprise of bottles, packets, pouches, sachets, stick packs, folding cartons, jars, etc. Pharmaceutical contract packaging aid in warehousing, barcoding, supply chain management, ... Continue reading →

IMARC Group, a leading market research company, has recently released a report titled “Commercial Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global commercial display market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. What is the market for commercial display? The global commercial display market is expected to exhibit a growth rate (CAGR) of 7% during 2023-2028. A commercial display represents a large digital screen that is used by businesses for promoting their products or services to substantial masses. It includes multi-IR options and USB cloning features for display control, even from remote locations. A commercial display is generally manufactured to withstand direct sunlight, harsh wind, moisture, humidity, etc. In addition to this, it ... Continue reading →

IMARC Group, a leading market research company, has recently releases report titled “Industrial Hemp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global industrial hemp market analysis, share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the industrial hemp market? The global industrial hemp market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2028, exhibiting a growth rate (CAGR) of 16.47% during 2023-2028. Industrial Hemp: Application and Uses Industrial hemp is a type of cannabis sativa plant explicitly grown for industrial use. It is a rich source of carbohydrates, protein, essential fatty acids, vitamins, and trace elements. It is an environment-friendly, fast-growing ... Continue reading →

According to IMARC Group’s latest report, titled “Luxury Yacht Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global luxury yacht market size reached US$ 7.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 9.8% during 2023-2028. A luxury yacht is a professionally crewed marine vessel that is sailed or driven using a propulsion system, such as an internal combustion engine (ICE) or gas turbine. It is manufactured from reinforced composites, polymers, and wood that offer a broad range of properties, such as resistance to corrosion, low maintenance costs, and a high strength-to-weight ratio. It is opulent in appearance and is primarily used for private and charter requirements. It also offers a seamless luxury experience with high standards of comfort. In addition to this, a luxury yacht encompasses an electronically controlled fuel ... Continue reading →

The latest report published by IMARC Group, titled “Travel Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global travel insurance market size reached US$ 15.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.7 Billion by 2028, exhibiting a growth rate (CAGR) of 12.6% during 2023-2028. Travel insurance refers to a form of insurance generated to cover financial and other losses incurred while traveling. It can provide coverage for a variety of potential issues, such as trip cancellation, trip interruption, lost or stolen baggage, medical expenses, emergency evacuation, and accidental death or dismemberment. Travel insurance policies can be purchased for a single trip or for multiple ... Continue reading →

IMARC Group has recently released a new research study titled "Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. What is the market for modular data center? The global modular data center market size reached US$ 24.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.4% during 2023-2028. Market Outlook: The modular data center represents a portable information processing system with individual purpose-engineered components and modules that are produced at the site of deployment. The individual units vary in load capacity, configuration, scale, and cooling and management system. Modular data centers can be integrated, shipped, or retrofitted into ... Continue reading →

The global neurological biomarkers market size reached US$ 6.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.6 Billion by 2027, exhibiting a growth rate (CAGR) of 13.5% during 2022-2027. Neurological biomarkers refer to biological indicators present in the blood or cerebral spinal fluid (CSF). They help identify the pathogenicity and heterogeneity of neurological disorders, develop personalized treatment, and calculate the pharmacological responses of a specific therapy. Consequently, neurological biomarkers are extensively used in early diagnosis and progress monitoring of brain disorders, including epilepsy, tumor, Alzheimer's, and Parkinson's disease. At present, they are available in imaging, metabolomics, proteomics, and genomics product types. Market Opportunities and Trends: The increasing prevalence of various neurological disorders and the rising need for non-invasive diagnostics are primarily driving the market growth. Neurological ... Continue reading →

The IMARC Group provides extensive analysis of thegardening equipment industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on the gardening equipment market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the ... Continue reading →

According to the latest report by IMARC Group, titled “eHealth Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global eHealth market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 18% during 2021-2026. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Growth Factor: Industry Development eHealth involves the use of information and communication technology (ICT) to provide healthcare assistance to individuals. It allows patients to communicate with healthcare professionals via medical applications, electronic mail, and audio and video messages. Moreover, it offers accessible medical help to individuals living in remote and geographically extended locations. These services also aid in improving the documentation of numerous ... Continue reading →

Factors such as the burgeoning demand for electric vehicles (EVs) and increasing installation of chargers and charging stations are expected to drive the Indian electric vehicle supply equipment (EVSE) market at a healthy CAGR of 54.2% during the forecast period (2019–2025). According to P&S Intelligence, the market was valued at $1,027.9 thousand in 2019, and it is projected to exceed $13,833.0 thousand revenue by 2025. Additionally, the rising environmental concerns and surging government support toward EV adoption and EVSE installation will also contribute to the market growth. The booming demand for EVs, on account of the escalating concerns regarding high air pollution levels and increasing government initiatives in the form of subsidies and incentives on the production and adoption of such new energy vehicles, is one of the key growth drivers for the market. According to the Society of Manufacturers of Electric Vehicles (SMEV), EV sales in India rose from 129,600 units ... Continue reading →

Factors such as the burgeoning demand for electric vehicles (EVs) and increasing installation of chargers and charging stations are expected to drive the Indian electric vehicle supply equipment (EVSE) market at a healthy CAGR of 54.2% during the forecast period (2019–2025). According to P&S Intelligence, the market was valued at $1,027.9 thousand in 2019, and it is projected to exceed $13,833.0 thousand revenue by 2025. Additionally, the rising environmental concerns and surging government support toward EV adoption and EVSE installation will also contribute to the market growth. The booming demand for EVs, on account of the escalating concerns regarding high air pollution levels and increasing government initiatives in the form of subsidies and incentives on the production and adoption of such new energy vehicles, is one of the key growth drivers for the market. According to the Society of Manufacturers of Electric Vehicles (SMEV), EV sales in India rose from 129,600 units ... Continue reading →

Factors such as the burgeoning demand for first- and last-mile connectivity and the surging need for reduced traffic congestion in urban areas are expected to drive the Australian micromobility market at a robust CAGR of 89.5% during the forecast period (2021–2030). The market growth will also be steered by the low cost and convenience offered by micromobility solutions. According to P&S Intelligence, the market was valued at $16.9 million in 2020, and it will generate $19,185.6 million revenue by 2030. The rising need to reduce traffic congestion, which can be credited to the booming population, is augmenting the demand for micromobility services in Australia. As per the World Bank, the population of the country surged from 25,365,745 in 2019 to 25,687,041 in 2020. The surging population is exerting additional burden on transportation systems, owing to which the government and market players are encouraging the use of such solutions. Micromobility offers better connectivity ... Continue reading →

The rapid urbanization, growing consciousness about environmental degradation and associated government regulations, and financial support from governments in the form of grants, subsidies, and tax rebates will fuel the Asia-Pacific (APAC) low-speed electric vehicle (LSEV) market at 6.6% CAGR during 2018–2025. The Government of India has undertaken measures like Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-India) to promote electric vehicles (EVs) in the country. Moreover, China has emerged as the second-largest manufacturer of electric two-wheelers and largest producer of passenger cars and commercial vehicles in the world. Owing to the government support, LSEVs manufacturers are making huge investments in the research and development (R&D) of improved and affordable LSEVs. These companies are also investing to increase the production capacity by expanding their facilities to address the soaring demand for LSEVs in the region. At present, the ... Continue reading →
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