Latest news with #MarkNtelAdvisors
Yahoo
6 days ago
- Business
- Yahoo
Global Nutraceutical Products Market Estimated to Reach USD 912.25 Billion by 2030, Growing at a 7.50% CAGR: MarkNtel Advisors
NEW DELHI, June 5, 2025 /PRNewswire/ -- The Global Nutraceutical Product Market size was valued at around USD 591.1 billion in 2024 and is expected to reach roughly USD 912.25 billion by 2030, growing at a rate of about 7.50% per year from 2025 to 2030, according to a recent report by MarkNtel Advisors. This growth is largely due to people becoming more health-conscious and showing a greater interest in functional foods. The rise in chronic illnesses and stricter government rules on food fortification also play a significant role in driving market demand. Customization is becoming increasingly popular as more consumers recognize the availability of personalized nutraceuticals that meet their unique health needs. Many people are looking for personalized supplements, diet plans, and fitness routines that can assist them in achieving better health. Additionally, there's a growing focus on medical nutrition, especially with dietary supplements being used to address issues like heart disease and malnutrition. The aging population, rising healthcare costs, and changing lifestyles, combined with investments from established companies in new product development, are expected to boost the market further. Overall, the nutraceuticals market is evolving to provide better solutions for people's health needs. Interested User Can Get a FREE PDF SAMPLE here - Global Nutraceutical Products Market Value & Statistics: Market Value in 2024: USD 591.1 Billion Projected Valuation by 2030: USD 912.25 Billion Forecast Period CAGR: 7.50% (2025–2030) Base Year: 2024 | Historical Years: 2020–2023 Leading Segment "By Distribution Channel": Specialty Stores Leading Region: Asia-Pacific Competitive Landscape: List of Largest Nutraceutical Product Manufacturing Companies Worldwide Archer Daniels Midland Company. BASF SE Cargill, Inc. Danone DuPont de Nemours, Inc General Mills Inc. Financial Details Koninklijke DSM N.V. Nestle S.A. PepsiCo, Inc. Yakult Honsha Co., Ltd Kellogg Company Herbalife International of America, Inc. Abbott Laboratories Inc. Mead Johnson Nutrition Co. Omega Protein Corp. Zymes LLC Others These companies lead the market due to their extensive product portfolios and commitment to innovation. Industry Recent Development: 2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options. Global Nutraceutical Products Market Segmentation Insight By Product Type: (Functional Beverages, Functional Foods, Dietary Supplements) By Distribution Channel: (Supermarkets/Hypermarkets, Online Retail, Specialty Stores, Pharmacies, Others) By End User: (Household, Commercial) By Source: (Probiotics, Prebiotics, Vitamins, Minerals) 1.) Specialty Stores Segment Gaining Popularity in the Nutraceutical Market Specialty stores are set to become the fastest-growing distribution channel in the global nutraceutical market from 2025 to 2030. This surge is driven by a rising consumer demand for personalized health solutions and expert advice. Unlike mass retailers, specialty stores like GNC and Vitamin Shoppe provide curated products and knowledgeable staff, offering tailored recommendations for specific health concerns. Consumers are increasingly turning to these stores for premium, scientifically formulated supplements. Additionally, the integration of online platforms with in-store consultations is enhancing customer experience and engagement. For in-depth analysis, market data, and forecasts, access the complete study - Industry Dynamic - 1.) Nutraceutical Product Market Trend Growing Demand for Customized Nutraceuticals - The demand for customized nutraceuticals is rapidly increasing as consumers become more aware of their health benefits. There is a growing interest in personalized products, including supplements and diet plans, designed to address specific nutritional needs. This trend towards customization is expected to drive the expansion of the nutraceutical market in the coming years, as nutritional supplements play a crucial role in promoting proactive and predictive health interventions. 2.) Nutraceutical Product Market Challenges High Costs Associated with Raw Materials - The nutraceuticals industry faces significant challenges due to the high costs associated with raw materials. Producing these products often involves extracting ingredients that yield limited quantities, leading to elevated manufacturing expenses. Furthermore, while nutraceuticals provide various health benefits, they are not without risks, as indicated by the U.S. Food and Drug Administration (FDA), which lists potential side effects such as rashes and severe joint pain. These factors may contribute to a downturn in the nutraceutical market in the coming years. 3.) Growth Opportunity Impact of Emerging E-Commerce Platforms on Nutraceuticals - E-commerce is revolutionizing the global nutraceutical products market by enhancing industry growth and consumer engagement. The swift adoption of online shopping, particularly in emerging markets, has made nutraceuticals more accessible. These platforms enable the launch of personalized and specialty products that may not be available in traditional stores. With the rise of direct-to-consumer models and subscription services, brand loyalty is increasing. As companies develop strong digital strategies, e-commerce will continue to drive market expansion and growth opportunities through 2030. Geographical Analysis By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) Asia-Pacific Region Set to Lead the Nutraceutical Products Market The Asia-Pacific region is expected to dominate the global nutraceutical products market from 2025 to 2030, fueled by a mix of demographic, economic, and regulatory changes impacting consumer behavior. The middle class is rapidly growing in countries like China, India, Indonesia, and Vietnam, leading to increased health awareness and higher disposable incomes. This shift encourages greater spending on preventive healthcare, functional foods, dietary supplements, and fortified drinks. Furthermore, heightened awareness surrounding immunity, gut health, and chronic disease prevention post-COVID is driving long-term adoption of nutraceuticals in the region. Schedule a Consultation with Our Experts! – List of Table: Table 1: Size & Global Nutraceutical Products Market Analysis Table 2: Global Nutraceutical Products Market Revenues (USD Million) Table 3: Global Nutraceutical Products Market Volume (Million Units) Table 4: Market Segmentation By Product Type Functional Beverages (Sports Drinks, Dairy & Dairy Alternative Drinks, Fruit & Vegetable Juices) Functional Foods Dietary Supplements By Distribution Channel Supermarkets/Hypermarkets Online Retail Specialty Stores Pharmacies Others By End User Household Commercial By Source Probiotics Prebiotics Vitamins Minerals Table 5: Regional Market Size & Analysis (North America, Europe, Asia-Pacific, etc.)Table 6: Strategic Imperatives for Growth & Success in the Nutraceutical MarketTable 7: Company Profiles OverviewTable 8: Recent Developments in Major Nutraceutical CompaniesTable 9: Trend, Opportunity, Challenge and Key DriverTable 10: Market Regulations, Policies & Product StandardsTable 11: Market Hotspots & Regional OpportunitiesTable 12: Global Nutraceutical Products Market Value Chain Analysis Report List of Figures Figure 1: Global Nutraceutical Products Market Dynamics Figure 2: Global Nutraceutical Products Market Trends & Developments Figure 3: Nutraceutical Products Market Hotspots & Opportunities Figure 4: Value Chain Analysis of Global Nutraceutical Products Market Figure 5: By End User Market Size Overview Figure 6: By Source Market Distribution Figure 7: Comparative Market Analysis by Regions Figure 8: Market Growth Forecast (2020-2030) Figure 9: Competitive Landscape of the Nutraceutical Products Market Figure 10: Distribution Channel Performance Analysis Looking for Regional or country-specific reports on this market? -Visit our website or simply fill out the Customized Report form - About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Similar Report Topic – GCC Nutraceuticals Market Research Report: Forecast (2025-2030) - The GCC Nutraceuticals Market is projected to grow at a CAGR of around 9% during the forecast period, i.e., 2025-2030. UAE Nutraceuticals Market Research Report: Forecast (2025-2030) - The UAE Nutraceuticals Market is projected to grow at a CAGR of around 6.96% during the forecast period, i.e., 2025-30. Saudi Arabia Nutraceuticals Market Research Report: Forecast (2022-2027)- The Saudi Arabia Nutraceutical Market is projected to grow at a CAGR of around 6.71% during the forecast period, i.e., 2022-27 Egypt Nutraceuticals Market Research Report: Forecast (2023-2028)- The Egypt Nutraceuticals Market is projected to grow at a CAGR of around 11.11% during the forecast period, i.e., 2023-28. Global Nutraceuticals Market Research Report Forecast: (2025-2030)- The Global Nutraceuticals Market size was valued at around USD 485 billion in 2024 and is projected to reach USD 885 billion by 2030. The market is also estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2025-30. Contact: MarkNtel AdvisorsOffice No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, IndiaContact No: +91 8719999009Email: sales@ our Website: Source: Logo: View original content to download multimedia: SOURCE MarkNtel Advisors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Global Nutraceutical Products Market Estimated to Reach USD 912.25 Billion by 2030, Growing at a 7.50% CAGR: MarkNtel Advisors
NEW DELHI, June 5, 2025 /PRNewswire/ -- The Global Nutraceutical Product Market size was valued at around USD 591.1 billion in 2024 and is expected to reach roughly USD 912.25 billion by 2030, growing at a rate of about 7.50% per year from 2025 to 2030, according to a recent report by MarkNtel Advisors. This growth is largely due to people becoming more health-conscious and showing a greater interest in functional foods. The rise in chronic illnesses and stricter government rules on food fortification also play a significant role in driving market demand. Customization is becoming increasingly popular as more consumers recognize the availability of personalized nutraceuticals that meet their unique health needs. Many people are looking for personalized supplements, diet plans, and fitness routines that can assist them in achieving better health. Additionally, there's a growing focus on medical nutrition, especially with dietary supplements being used to address issues like heart disease and malnutrition. The aging population, rising healthcare costs, and changing lifestyles, combined with investments from established companies in new product development, are expected to boost the market further. Overall, the nutraceuticals market is evolving to provide better solutions for people's health needs. Interested User Can Get a FREE PDF SAMPLE here - Global Nutraceutical Products Market Value & Statistics: Market Value in 2024: USD 591.1 Billion Projected Valuation by 2030: USD 912.25 Billion Forecast Period CAGR: 7.50% (2025–2030) Base Year: 2024 | Historical Years: 2020–2023 Leading Segment "By Distribution Channel": Specialty Stores Leading Region: Asia-Pacific Competitive Landscape: List of Largest Nutraceutical Product Manufacturing Companies Worldwide Archer Daniels Midland Company. BASF SE Cargill, Inc. Danone DuPont de Nemours, Inc General Mills Inc. Financial Details Koninklijke DSM N.V. Nestle S.A. PepsiCo, Inc. Yakult Honsha Co., Ltd Kellogg Company Herbalife International of America, Inc. Abbott Laboratories Inc. Mead Johnson Nutrition Co. Omega Protein Corp. Zymes LLC Others These companies lead the market due to their extensive product portfolios and commitment to innovation. Industry Recent Development: 2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options. Global Nutraceutical Products Market Segmentation Insight By Product Type: (Functional Beverages, Functional Foods, Dietary Supplements) By Distribution Channel: (Supermarkets/Hypermarkets, Online Retail, Specialty Stores, Pharmacies, Others) By End User: (Household, Commercial) By Source: (Probiotics, Prebiotics, Vitamins, Minerals) 1.) Specialty Stores Segment Gaining Popularity in the Nutraceutical Market Specialty stores are set to become the fastest-growing distribution channel in the global nutraceutical market from 2025 to 2030. This surge is driven by a rising consumer demand for personalized health solutions and expert advice. Unlike mass retailers, specialty stores like GNC and Vitamin Shoppe provide curated products and knowledgeable staff, offering tailored recommendations for specific health concerns. Consumers are increasingly turning to these stores for premium, scientifically formulated supplements. Additionally, the integration of online platforms with in-store consultations is enhancing customer experience and engagement. For in-depth analysis, market data, and forecasts, access the complete study - Industry Dynamic - 1.) Nutraceutical Product Market Trend Growing Demand for Customized Nutraceuticals - The demand for customized nutraceuticals is rapidly increasing as consumers become more aware of their health benefits. There is a growing interest in personalized products, including supplements and diet plans, designed to address specific nutritional needs. This trend towards customization is expected to drive the expansion of the nutraceutical market in the coming years, as nutritional supplements play a crucial role in promoting proactive and predictive health interventions. 2.) Nutraceutical Product Market Challenges High Costs Associated with Raw Materials - The nutraceuticals industry faces significant challenges due to the high costs associated with raw materials. Producing these products often involves extracting ingredients that yield limited quantities, leading to elevated manufacturing expenses. Furthermore, while nutraceuticals provide various health benefits, they are not without risks, as indicated by the U.S. Food and Drug Administration (FDA), which lists potential side effects such as rashes and severe joint pain. These factors may contribute to a downturn in the nutraceutical market in the coming years. 3.) Growth Opportunity Impact of Emerging E-Commerce Platforms on Nutraceuticals - E-commerce is revolutionizing the global nutraceutical products market by enhancing industry growth and consumer engagement. The swift adoption of online shopping, particularly in emerging markets, has made nutraceuticals more accessible. These platforms enable the launch of personalized and specialty products that may not be available in traditional stores. With the rise of direct-to-consumer models and subscription services, brand loyalty is increasing. As companies develop strong digital strategies, e-commerce will continue to drive market expansion and growth opportunities through 2030. Geographical Analysis By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) Asia-Pacific Region Set to Lead the Nutraceutical Products Market The Asia-Pacific region is expected to dominate the global nutraceutical products market from 2025 to 2030, fueled by a mix of demographic, economic, and regulatory changes impacting consumer behavior. The middle class is rapidly growing in countries like China, India, Indonesia, and Vietnam, leading to increased health awareness and higher disposable incomes. This shift encourages greater spending on preventive healthcare, functional foods, dietary supplements, and fortified drinks. Furthermore, heightened awareness surrounding immunity, gut health, and chronic disease prevention post-COVID is driving long-term adoption of nutraceuticals in the region. Schedule a Consultation with Our Experts! – List of Table: Table 1: Size & Global Nutraceutical Products Market Analysis Table 2: Global Nutraceutical Products Market Revenues (USD Million) Table 3: Global Nutraceutical Products Market Volume (Million Units) Table 4: Market Segmentation By Product Type Functional Beverages (Sports Drinks, Dairy & Dairy Alternative Drinks, Fruit & Vegetable Juices) Functional Foods Dietary Supplements By Distribution Channel Supermarkets/Hypermarkets Online Retail Specialty Stores Pharmacies Others By End User Household Commercial By Source Probiotics Prebiotics Vitamins Minerals Table 5: Regional Market Size & Analysis (North America, Europe, Asia-Pacific, etc.)Table 6: Strategic Imperatives for Growth & Success in the Nutraceutical MarketTable 7: Company Profiles OverviewTable 8: Recent Developments in Major Nutraceutical CompaniesTable 9: Trend, Opportunity, Challenge and Key DriverTable 10: Market Regulations, Policies & Product StandardsTable 11: Market Hotspots & Regional OpportunitiesTable 12: Global Nutraceutical Products Market Value Chain Analysis Report List of Figures Figure 1: Global Nutraceutical Products Market Dynamics Figure 2: Global Nutraceutical Products Market Trends & Developments Figure 3: Nutraceutical Products Market Hotspots & Opportunities Figure 4: Value Chain Analysis of Global Nutraceutical Products Market Figure 5: By End User Market Size Overview Figure 6: By Source Market Distribution Figure 7: Comparative Market Analysis by Regions Figure 8: Market Growth Forecast (2020-2030) Figure 9: Competitive Landscape of the Nutraceutical Products Market Figure 10: Distribution Channel Performance Analysis Looking for Regional or country-specific reports on this market? -Visit our website or simply fill out the Customized Report form - About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Similar Report Topic – GCC Nutraceuticals Market Research Report: Forecast (2025-2030) - The GCC Nutraceuticals Market is projected to grow at a CAGR of around 9% during the forecast period, i.e., 2025-2030. UAE Nutraceuticals Market Research Report: Forecast (2025-2030) - The UAE Nutraceuticals Market is projected to grow at a CAGR of around 6.96% during the forecast period, i.e., 2025-30. Saudi Arabia Nutraceuticals Market Research Report: Forecast (2022-2027)- The Saudi Arabia Nutraceutical Market is projected to grow at a CAGR of around 6.71% during the forecast period, i.e., 2022-27 Egypt Nutraceuticals Market Research Report: Forecast (2023-2028)- The Egypt Nutraceuticals Market is projected to grow at a CAGR of around 11.11% during the forecast period, i.e., 2023-28. Global Nutraceuticals Market Research Report Forecast: (2025-2030)- The Global Nutraceuticals Market size was valued at around USD 485 billion in 2024 and is projected to reach USD 885 billion by 2030. The market is also estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2025-30. Contact: MarkNtel AdvisorsOffice No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, IndiaContact No: +91 8719999009Email: sales@ our Website: Source: Logo: View original content to download multimedia: SOURCE MarkNtel Advisors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Gardening Market Worth USD 150 Billion by 2030 - Industry Size, Trends, Analysis, Growth-rate, and Top Manufacturers (Vitrolife, Scotts Miracle-Gro Company, The Home Depot & Others)
NEW DELHI, May 28, 2025 /PRNewswire/ -- The Global Gardening Market size was valued at approximately USD 120 billion in 2024, with projections estimating it will expand to USD 150 billion by 2030. According to a recent gardening market analysis by MarkNtel Advisors, this growth reflects a robust CAGR of around 5% from 2025 to 2030. Key gardening market trends include a rise in consumer interest in home gardening and urban farming, particularly among city residents looking to create green spaces in compact environments. This demand has led many urban households to engage in agricultural practices, such as cultivating herbs, vegetables, and edible plants. Additionally, prioritizing eco-friendly gardening practices—like using organic fertilizers and biodegradable pots—indicates a growing awareness of environmental impact. Increased investment in enhancing public spaces with gardens is also supporting the gardening industry growth, as government officials and welfare agencies recognize the importance of plant-rich environments. Interested User Can Get a FREE PDF sample of the report here - Moreover, the incorporation of smart gardening tools, including automated irrigation systems and soil sensors, is democratizing gardening. This trend, combined with the DIY gardening culture driven by social media, is fostering innovation among gardening industry manufacturers, ultimately contributing to the flourishing of the global gardening market. Global Gardening Market Statistics: Market Worth in 2024: USD 120 Billion Projected Valuation by 2030: USD 150 Billion Industry Growth Rate: 5% CAGR (2025–2030) Base Year: 2024 Historical Years: 2020–2023 Leading Application Segment: Residential Gardening Dominant Region: North America Gardening Market Trends - The Rise of Sustainable and Eco-Friendly Gardening Practices Sustainability and eco-friendly gardening practices are increasingly in demand as consumers become more environmentally aware. Gardeners and manufacturers alike are shifting towards organic, chemical-free, and resource-efficient methods to minimize ecological impact. A notable development in this trend is the Espoma Company's plan to build a new processing facility in Pennsylvania. This facility will focus on drying, blending, and grinding organic materials to create prilled fertilizers suitable for gardens and lawns. The rising interest in organic gardening supplies is particularly pronounced in drought-affected regions, such as California and Australia, where water-efficient practices—like using drought-resistant plants and innovative irrigation systems—are becoming more popular. These eco-friendly approaches not only cater to current consumer preferences but also present significant growth opportunities for the gardening industry in the future. Growth Driver - Increasing Interest in Specialized and Exotic Plants The growing demand for specialized and exotic plants presents a major opportunity for market expansion. With millennials and Gen-Z increasingly drawn to indoor aesthetics, various plant nurseries and suppliers specializing in rare varieties are capitalizing on this trend. Unique plants such as bonsais and uncommon succulents are gaining popularity due to their striking appearance and decorative appeal, leading to higher market demand. Additionally, as awareness of indoor air quality rises, plants like snake plants and fiddle leaf figs—known for their air-purifying benefits—are becoming increasingly sought after. The emergence of numerous online platforms, including Amazon and Walmart, catering to plant enthusiasts and offering a diverse selection of exotic plants, further propels market growth. This convergence of interest and availability is set to stimulate significant opportunities in the specialized plant market. For in-depth analysis, market data, and forecasts, access the complete - Opportunity - Surge in Demand for Exotic Plants The rising interest in specialized and exotic plants offers significant growth opportunities in the market. Millennials and Gen-Z are increasingly attracted to indoor aesthetics, boosting demand for unique varieties like bonsais and rare succulents. As awareness of indoor air quality increases, plants such as snake plants and fiddle leaf figs—known for their air-purifying properties—are becoming more popular. Furthermore, online platforms like Amazon and Walmart are expanding their offerings of exotic plants, further enhancing market growth potential. Global Gardening Market Segmentation Insights: Who Lead the Industry By Type (Flowers and Ornamental Plants, Vegetables and Fruits, Lawns and Turf, Trees and Shrubs, Indoor Plants, Others) By Application (Residential Gardening, Commercial Gardening, Urban Gardening, Community Gardening, Horticulture Production, Others) By Product (Garden Tools and Equipment, Seeds and Bulbs, Pots and Planters, Fertilizers and Soil Amendments, Pest and Weed Control, Watering and Irrigation Systems, Outdoor Furniture and Décor, Gardening Light, Garden Structures), Others) By Distribution Channel (Retail Stores, E-Commerce, Wholesale and Bulk Suppliers, Nurseries, DIY Stores) By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific) Flowers & Ornamental Plants Segment Dominates the Global Gardening Market The Global Gardening Market reveals that the Flowers & Ornamental Plants segment holds the largest share, influenced by its ability to create visually appealing landscapes through foliage, vibrant blooms, and decorative plants. This segment accounts for over 30% of the total market value. Consumers frequently invest in garden supplies for the beautification and maintenance of their gardens, further propelling the growth of this segment. Additionally, the rising interest in home décor that incorporates plants contributes significantly to the market expansion of Flowers & Ornamental Plants. North America Leads the Global Gardening Industry North America stands at the forefront of the Global Gardening Market, accounting for approximately 35.3% of the total market value. The region's preference for outdoor spaces and a high gardening participation rate are key factors driving market growth. The United States is a major contributor, with over 50% of Americans maintaining household gardens. Additionally, the presence of numerous public gardens across the country enhances the gardening landscape. The heightened awareness of gardening trends, along with a deeply ingrained gardening culture in both residential and commercial areas, establishes North America as a hub for innovative gardening products and services. Top Companies in the Global Gardening Market Vitrolife, Scotts Miracle-Gro Company, The Home Depot, Inc., Lowe's Companies, Inc., Gardena GmbH, Stanley Black & Decker, Inc., Deere & Company, STIHL Group, Ball Corporation, Ace Hardware Corporation, Inc., Walmart Inc., Kingfisher plc, OBI Group Holding SE & Co. KGaA, Bayer AG, The Scotts Company LLC, Ames Companies, Tui Group, Syngenta Group, Central Garden & Pet Company, and others Get Customization on this Report- List of Tables: Gardening Market Analysis Table 1: Market Size & Analysis by Revenues (USD Million) Table 2: Market Share & Analysis by Type Table 3: Market Size & Forecast 2020-2030 for Flowers and Ornamental Plants (USD Million) Table 4: Market Size & Forecast 2020-2030 for Vegetables and Fruits (USD Million) Table 5: Market Size & Forecast 2020-2030 for Lawns and Turf (USD Million) Table 6: Market Size & Forecast 2020-2030 for Trees and Shrubs (USD Million) Table 7: Market Size & Forecast 2020-2030 for Indoor Plants (USD Million) Table 8: Market Size & Forecast 2020-2030 for Others (USD Million) Table 9: Market Size & Forecast 2020-2030 for Residential Gardening (USD Million) Table 10: Market Size & Forecast 2020-2030 for Commercial Gardening (Landscaping) (USD Million) Table 11: Market Size & Forecast 2020-2030 for Urban Gardening (USD Million) Table 12: Market Size & Forecast 2020-2030 for Community Gardening (USD Million) Table 13: Market Size & Forecast 2020-2030 for Horticulture Production (USD Million) Table 14: Market Size & Forecast 2020-2030 for Garden Tools and Equipment (USD Million) Table 15: Market Size & Forecast 2020-2030 for Seeds and Bulbs (USD Million) Table 16: Market Size & Forecast 2020-2030 for Pots and Planters (USD Million) Table 17: Market Size & Forecast 2020-2030 for Fertilizers and Soil Amendments (USD Million) Table 18: Market Size & Forecast 2020-2030 for Pest and Weed Control (USD Million) Table 19: Market Size & Forecast 2020-2030 for Watering and Irrigation Systems (USD Million) List of Figures: Gardening Market Analysis Figure 1: Global Gardening Market Trends & Deployments Figure 2: Global Gardening Market Dynamics Figure 3: Growth Drivers of the Global Gardening Market Figure 4: Challenges in the Global Gardening Market Figure 5: Global Gardening Market Opportunities & Hotspots Figure 6: Global Gardening Market Value Chain Analysis Figure 7: Global Gardening Market Regulations and Policy Figure 8: North America Gardening Market Outlook 2020-2030F Figure 9: Gardening Market Share and Analysis by Region Figure 10: Competitive Landscape in the Gardening Market Schedule a Consultation with Our Experts! - About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Get More Insights: Similar Report Topic – Global Digital Avatar Market Research Report: Forecast (2025-2030) - The Global Digital Avatar Market size was valued at around USD 12.09 billion in 2024 and is projected to reach USD 125.41 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 47.67% during the forecast period, i.e., 2025-30. Vietnam Cloud Gaming Market Research Report: Forecast (2025-2030) - The Vietnam Cloud Gaming Market size was valued at around USD 2.64 million in 2024 and is projected to reach USD 11.05 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 22.60% during the forecast period, i.e., 2025-30. U.S. Snacks Market Research Report: Forecast (2025-2030) - The U.S. Snacks Market is anticipated to grow at a CAGR of around 2.18% during 2025-2030. The U.S. Snacks Market size was estimated at USD 172.54 billion in 2024 and is anticipated to exceed USD 193.51 billion by 2030. U.S. Cash Management Services Market Research Report: Forecast (2025-2030) - The U.S. Cash Management Services Market size was valued at around USD 388.19 million in 2024 and is projected to reach USD 629.22 million in 2030. Along with this, the market is estimated to grow at a CAGR of around 7.99% during the forecast period, i.e., 2025-30. Global Oyster Mushroom Market Research Report: Forecast (2025-2030) - The Global Oyster Mushroom Market size was valued at around USD 23.18 billion in 2024 and is projected to reach USD 38.99 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.28% during the forecast period, i.e., 2025-30. Contact:MarkNtel AdvisorsOffice No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, IndiaContact No: +91 8719999009Email: sales@ our Website: Source: Logo: View original content: SOURCE MarkNtel Advisors
Yahoo
23-05-2025
- Business
- Yahoo
Molybdenum (Mo) Market to Reach $ 6.70 Billion by 2030: Industry Trends, Value, Growth & Future Forecast
Molybdenum Market Outlook 2025-2030 NEW DELHI, May 23, 2025 /PRNewswire/ -- The Global Molybdenum Market size was estimated at approximately USD 5.32 billion in 2023, with projections indicating it could grow to around USD 6.70 billion by 2030 as per MarkNtel Advisors study. This growth represents a compound annual growth rate (CAGR) of about 3.92% from 2025 to 2030. Recent analyses reveal an increase in production volumes, rising from 575.4 million pounds (mlbs) to 627.4 mlbs. The Asia-Pacific region dominates the molybdenum market, with China leading the way in production output, which has surged from 205.6 mlbs in 2019 to 281.8 mlbs in 2023. In contrast, the South American region has witnessed a production decline of 10% since 2019, primarily due to heightened environmental regulations and reduced ore grades. The broader global context also shows a 3% production decrease in other regions. On the consumption front, global molybdenum consumption increased from 576.3 mlbs in 2019 to 630 mlbs in 2023. The Asia-Pacific region again takes the lead, with China's consumption rising by 26% during this period, from 220.9 mlbs to 278.5 mlbs. Conversely, Europe—the second-largest market—experienced an 8% decrease in demand, highlighting contrasting growth dynamics within the molybdenum market. Interested User Can Get a FREE PDF sample of the report here - Global Molybdenum Market Statistics: Market Size in 2023: USD 5.32 Billion Projected Valuation by 2030: USD 6.70 Billion Forecast Period CAGR: 3.92% (2025–2030) Base Year: 2023 | Historical Years: 2020–2022 Leading Application Segment: Steel Production Dominant Region: Asia-Pacific Global Molybdenum Market Research Report Key Finding - 1.) Key Driver: Surge in Steel Production and Its Impact on Molybdenum Demand Steel production serves as the principal catalyst for molybdenum consumption within the Global Molybdenum Market. In 2023, approximately 71% of the molybdenum, equivalent to 447.3 million pounds (or 184,058.4 metric tons), was utilized in the manufacture of various steel grades. This trend is set to accelerate as demand for steel continues to rise. According to the World Steel Association, projected steel demand is expected to increase by 2.96%, climbing from 1,599.4 million metric tons in 2023 to 1,646.7 million metric tons by 2025. Furthermore, as inflationary pressures diminish, largely due to sustained high interest rates from central banks, any potential interest rate cuts could stimulate economic recovery. For example, in June 2024, the European Central Bank reduced its interest rate by 25 basis points, leading to an uptick in production in April. This decrease triggered a noteworthy year-over-year increase in steel production of 5.1% in June, followed by a 5.7% rise in July within the European Union. The strategic reduction of interest rates by major economies, as inflation subsides, is likely to foster significant growth in steel demand and subsequently bolster the Global Molybdenum Market. 2.) Opportunity: Growing Demand for Molybdenum Driven by Advancements in Technology The rise of advanced technologies is creating significant growth opportunities in the Global Molybdenum Market. As the world embraces digitalization through innovations like the Internet of Things (IoT) and 5G, the demand for computer chips and semiconductors is surging, thereby increasing the need for molybdenum. This metal is vital due to its outstanding features, including high thermal and electrical conductivity, low thermal expansion, and excellent thin-film resistivity. For example, Lam Research highlighted in February 2024 that molybdenum's thin-film resistivity makes it an excellent substitute for tungsten in semiconductors, further emphasizing the vital role of molybdenum in today's technology-driven landscape. For in-depth analysis, market data, and forecasts, access the complete study - 3.) Industry Challenge: Impact of Rising ESG Regulations on Molybdenum Production The escalating challenge of climate change, driven by greenhouse gas emissions, pollution, and biodiversity loss, has led governments to establish stringent ESG norms and regulations. These measures aim to set emission targets that companies must adhere to for sustainable operations, impacting molybdenum production capacity worldwide. While these regulations may enhance environmental governance, they also introduce market volatility and strain profit margins, raising concerns about the feasibility of molybdenum production. For example, in June 2023, Antofagasta's Zaldívar mining division sought to extend its mining rights while planning to change its water sourcing to seawater or third-party providers. Additionally, extreme weather events like wildfires and flooding pose further threats to production capabilities, presenting challenges for the growth of the Global Molybdenum Market in the coming years. Global Molybdenum Market Segmentation Insights: Who Lead the Industry By Application (Electric Conductivity, Imaging, Metal Alloys, Catalyst, Others) By End-User (Oil & Gas, Chemical & Petrochemical, Electronics, Iron & Steel, Energy & Power By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific) - Metal Alloys Segment Dominates the Molybdenum Market The Global Molybdenum Market shows that the Metal Alloys segment holds the largest share, influenced by applications like Electric Conductivity, Imaging, catalysts, and more. This segment is expected to maintain its dominance throughout the forecast period. The demand for molybdenum is closely linked to the iron and steel industry, with approximately 71% of global production utilized in various steel grades. Additionally, around 3% of the total molybdenum produced, equivalent to 18.9 million pounds in 2023, is allocated for nickel alloys. This significant usage underscores the importance of metal alloys in driving market dynamics. - Asia-Pacific Region Dominates the Molybdenum Industry The Asia-Pacific region stands out as the frontrunner in molybdenum production and consumption, primarily due to China's robust steel production industry. In 2023, global molybdenum production reached 627.4 million pounds, with China accounting for approximately 45%, or 281.8 million pounds. The country not only leads in production but also in consumption, utilizing 278.5 million pounds of molybdenum that same year. Recognizing molybdenum as a strategic resource, China possesses some of the largest reserves globally. The demand for specialized and high-quality steel is set to increase, driven by the Chinese Government's 14th Five-Year Plan, which aims to enhance manufacturing capabilities. Furthermore, Antaike China projects that investments in wind power could result in an estimated molybdenum consumption of 300,000 tonnes by 2050. Get Customization on this Report- Competitive Landscape: Dominated by Top Molybdenum Manufacturers Like: Multi Metal Development Limited Anglo American BHP (Peru Antamina) Antofagasta PLC Centerra Gold Inc. CMOC Group Codelco Freeport-McMoRan (Climax Molybdenum) Grupo Mexico Plansee Rio Tinto Zijin Mining Group Co., Ltd. ABSCO Limited KGHM Others Companies Investment & Market Expansion May 2024: Anglo American is planning to invest more than USD 80 million in Peru. This step is regarding the company looking to add six-ore floatation cells for better copper and molybdenum recovery. List of Tables Table 1: Global Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 2: Global Molybdenum Market Share & Analysis by Application Table 3: Global Molybdenum Market Share & Analysis by End-User Table 4: North America Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 5: The US Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 6: Brazil Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 7: Europe Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 8: Saudi Arabia Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 9: Asia-Pacific Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 10: Company Profiles – Overview of Key Players in the Global Molybdenum Market Table 11: Strategic Alliances or Partnerships Overview of Key Players Table 12: Recent Developments of Major Companies Schedule a Consultation with Our Experts! - List of Figures Figure 1: Global Molybdenum Market Dynamics - Growth Drivers and Challenges Figure 2: Global Molybdenum Market Trends & Insights (2020-2030) Figure 3: Molybdenum Market Outlook by Region Figure 4: Molybdenum Market Application Segmentation Figure 5: Molybdenum Market Dynamics - Opportunities Analysis Figure 6: Supply Chain Analysis of the Global Molybdenum Market Figure 7: Revenue Shares by Company in the Molybdenum Market Figure 8: Market Outlook of Molybdenum by End-User Segment Figure 9: Molybdenum Market Competition Characteristics Figure 10: Key Strategic Imperatives for Success & Growth in Molybdenum Market About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Similar Report Topic – Global Green Steel Market - it is projected to grow at a CAGR of around 12.22% during the forecast period, 2025-30. Global Biomethanol Market - it is estimated to grow at a CAGR of around 26.45% by 2030 Global Primary Battery Market - it was valued at around USD 18.8 billion in 2024 and is projected to reach USD 26 billion by 2030 Global Gardening Market - it was valued at around USD 120 billion in 2024 and is projected to reach USD 150 Billion by 2030 Global 30mm Medium Caliber Market - it is estimated to grow at a CAGR of around 4.5% by 2030 Global Energy Drink Market - it was valued at USD 87 billion in 2024 and is projected to reach USD 134 billion by 2030. Global Denim Jeans Market - it is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2025-30. Global Luxury Furniture Market – Size was valued at around USD 27.65 billion in 2023 & is projected to reach around USD 41.95 billion by 2030. Global Value-Based Healthcare Market - it is valued at USD 1.3 trillion in 2025 & is estimated to grow at a CAGR of around 16.09% during the forecast period, i.e., 2025-30. Contact: MarkNtel AdvisorsOffice No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, IndiaContact No: +91 8719999009Email: sales@ our Website: Source: Logo: View original content to download multimedia: SOURCE MarkNtel Advisors
Yahoo
23-05-2025
- Business
- Yahoo
Molybdenum (Mo) Market to Reach $ 6.70 Billion by 2030: Industry Trends, Value, Growth & Future Forecast
Molybdenum Market Outlook 2025-2030 NEW DELHI, May 23, 2025 /PRNewswire/ -- The Global Molybdenum Market size was estimated at approximately USD 5.32 billion in 2023, with projections indicating it could grow to around USD 6.70 billion by 2030 as per MarkNtel Advisors study. This growth represents a compound annual growth rate (CAGR) of about 3.92% from 2025 to 2030. Recent analyses reveal an increase in production volumes, rising from 575.4 million pounds (mlbs) to 627.4 mlbs. The Asia-Pacific region dominates the molybdenum market, with China leading the way in production output, which has surged from 205.6 mlbs in 2019 to 281.8 mlbs in 2023. In contrast, the South American region has witnessed a production decline of 10% since 2019, primarily due to heightened environmental regulations and reduced ore grades. The broader global context also shows a 3% production decrease in other regions. On the consumption front, global molybdenum consumption increased from 576.3 mlbs in 2019 to 630 mlbs in 2023. The Asia-Pacific region again takes the lead, with China's consumption rising by 26% during this period, from 220.9 mlbs to 278.5 mlbs. Conversely, Europe—the second-largest market—experienced an 8% decrease in demand, highlighting contrasting growth dynamics within the molybdenum market. Interested User Can Get a FREE PDF sample of the report here - Global Molybdenum Market Statistics: Market Size in 2023: USD 5.32 Billion Projected Valuation by 2030: USD 6.70 Billion Forecast Period CAGR: 3.92% (2025–2030) Base Year: 2023 | Historical Years: 2020–2022 Leading Application Segment: Steel Production Dominant Region: Asia-Pacific Global Molybdenum Market Research Report Key Finding - 1.) Key Driver: Surge in Steel Production and Its Impact on Molybdenum Demand Steel production serves as the principal catalyst for molybdenum consumption within the Global Molybdenum Market. In 2023, approximately 71% of the molybdenum, equivalent to 447.3 million pounds (or 184,058.4 metric tons), was utilized in the manufacture of various steel grades. This trend is set to accelerate as demand for steel continues to rise. According to the World Steel Association, projected steel demand is expected to increase by 2.96%, climbing from 1,599.4 million metric tons in 2023 to 1,646.7 million metric tons by 2025. Furthermore, as inflationary pressures diminish, largely due to sustained high interest rates from central banks, any potential interest rate cuts could stimulate economic recovery. For example, in June 2024, the European Central Bank reduced its interest rate by 25 basis points, leading to an uptick in production in April. This decrease triggered a noteworthy year-over-year increase in steel production of 5.1% in June, followed by a 5.7% rise in July within the European Union. The strategic reduction of interest rates by major economies, as inflation subsides, is likely to foster significant growth in steel demand and subsequently bolster the Global Molybdenum Market. 2.) Opportunity: Growing Demand for Molybdenum Driven by Advancements in Technology The rise of advanced technologies is creating significant growth opportunities in the Global Molybdenum Market. As the world embraces digitalization through innovations like the Internet of Things (IoT) and 5G, the demand for computer chips and semiconductors is surging, thereby increasing the need for molybdenum. This metal is vital due to its outstanding features, including high thermal and electrical conductivity, low thermal expansion, and excellent thin-film resistivity. For example, Lam Research highlighted in February 2024 that molybdenum's thin-film resistivity makes it an excellent substitute for tungsten in semiconductors, further emphasizing the vital role of molybdenum in today's technology-driven landscape. For in-depth analysis, market data, and forecasts, access the complete study - 3.) Industry Challenge: Impact of Rising ESG Regulations on Molybdenum Production The escalating challenge of climate change, driven by greenhouse gas emissions, pollution, and biodiversity loss, has led governments to establish stringent ESG norms and regulations. These measures aim to set emission targets that companies must adhere to for sustainable operations, impacting molybdenum production capacity worldwide. While these regulations may enhance environmental governance, they also introduce market volatility and strain profit margins, raising concerns about the feasibility of molybdenum production. For example, in June 2023, Antofagasta's Zaldívar mining division sought to extend its mining rights while planning to change its water sourcing to seawater or third-party providers. Additionally, extreme weather events like wildfires and flooding pose further threats to production capabilities, presenting challenges for the growth of the Global Molybdenum Market in the coming years. Global Molybdenum Market Segmentation Insights: Who Lead the Industry By Application (Electric Conductivity, Imaging, Metal Alloys, Catalyst, Others) By End-User (Oil & Gas, Chemical & Petrochemical, Electronics, Iron & Steel, Energy & Power By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific) - Metal Alloys Segment Dominates the Molybdenum Market The Global Molybdenum Market shows that the Metal Alloys segment holds the largest share, influenced by applications like Electric Conductivity, Imaging, catalysts, and more. This segment is expected to maintain its dominance throughout the forecast period. The demand for molybdenum is closely linked to the iron and steel industry, with approximately 71% of global production utilized in various steel grades. Additionally, around 3% of the total molybdenum produced, equivalent to 18.9 million pounds in 2023, is allocated for nickel alloys. This significant usage underscores the importance of metal alloys in driving market dynamics. - Asia-Pacific Region Dominates the Molybdenum Industry The Asia-Pacific region stands out as the frontrunner in molybdenum production and consumption, primarily due to China's robust steel production industry. In 2023, global molybdenum production reached 627.4 million pounds, with China accounting for approximately 45%, or 281.8 million pounds. The country not only leads in production but also in consumption, utilizing 278.5 million pounds of molybdenum that same year. Recognizing molybdenum as a strategic resource, China possesses some of the largest reserves globally. The demand for specialized and high-quality steel is set to increase, driven by the Chinese Government's 14th Five-Year Plan, which aims to enhance manufacturing capabilities. Furthermore, Antaike China projects that investments in wind power could result in an estimated molybdenum consumption of 300,000 tonnes by 2050. Get Customization on this Report- Competitive Landscape: Dominated by Top Molybdenum Manufacturers Like: Multi Metal Development Limited Anglo American BHP (Peru Antamina) Antofagasta PLC Centerra Gold Inc. CMOC Group Codelco Freeport-McMoRan (Climax Molybdenum) Grupo Mexico Plansee Rio Tinto Zijin Mining Group Co., Ltd. ABSCO Limited KGHM Others Companies Investment & Market Expansion May 2024: Anglo American is planning to invest more than USD 80 million in Peru. This step is regarding the company looking to add six-ore floatation cells for better copper and molybdenum recovery. List of Tables Table 1: Global Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 2: Global Molybdenum Market Share & Analysis by Application Table 3: Global Molybdenum Market Share & Analysis by End-User Table 4: North America Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 5: The US Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 6: Brazil Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 7: Europe Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 8: Saudi Arabia Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 9: Asia-Pacific Molybdenum Market Size & Analysis by Revenues (USD Million) & Volume (Thousand Tons) Table 10: Company Profiles – Overview of Key Players in the Global Molybdenum Market Table 11: Strategic Alliances or Partnerships Overview of Key Players Table 12: Recent Developments of Major Companies Schedule a Consultation with Our Experts! - List of Figures Figure 1: Global Molybdenum Market Dynamics - Growth Drivers and Challenges Figure 2: Global Molybdenum Market Trends & Insights (2020-2030) Figure 3: Molybdenum Market Outlook by Region Figure 4: Molybdenum Market Application Segmentation Figure 5: Molybdenum Market Dynamics - Opportunities Analysis Figure 6: Supply Chain Analysis of the Global Molybdenum Market Figure 7: Revenue Shares by Company in the Molybdenum Market Figure 8: Market Outlook of Molybdenum by End-User Segment Figure 9: Molybdenum Market Competition Characteristics Figure 10: Key Strategic Imperatives for Success & Growth in Molybdenum Market About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Similar Report Topic – Global Green Steel Market - it is projected to grow at a CAGR of around 12.22% during the forecast period, 2025-30. Global Biomethanol Market - it is estimated to grow at a CAGR of around 26.45% by 2030 Global Primary Battery Market - it was valued at around USD 18.8 billion in 2024 and is projected to reach USD 26 billion by 2030 Global Gardening Market - it was valued at around USD 120 billion in 2024 and is projected to reach USD 150 Billion by 2030 Global 30mm Medium Caliber Market - it is estimated to grow at a CAGR of around 4.5% by 2030 Global Energy Drink Market - it was valued at USD 87 billion in 2024 and is projected to reach USD 134 billion by 2030. Global Denim Jeans Market - it is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2025-30. Global Luxury Furniture Market – Size was valued at around USD 27.65 billion in 2023 & is projected to reach around USD 41.95 billion by 2030. Global Value-Based Healthcare Market - it is valued at USD 1.3 trillion in 2025 & is estimated to grow at a CAGR of around 16.09% during the forecast period, i.e., 2025-30. Contact: MarkNtel AdvisorsOffice No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, IndiaContact No: +91 8719999009Email: sales@ our Website: Source: Logo: View original content to download multimedia: SOURCE MarkNtel Advisors