Isha Deshpande's Blog (24)

The market for dairy products without animal ingredients had a value of USD 24.53 billion in 2021 and is projected to grow at a rate of 10.4% during the forecast period. The constant rise in consumer choice for a vegan diet might be linked to the market revenue growth of dairy products without any animal components. According to Rakuten's 2021 worldwide consumer survey, 81% of participants had tried plant-based milk, 48% had tried various dairy substitutes, 44% had tried vegan meat…

The size of the global market for power electronics was USD 37.40 billion in 2021, and it is anticipated to grow in value at a CAGR of 4.1%. A major driver influencing market revenue growth is the growing need for environmentally friendly and sustainable solutions, particularly in light of growing worries about Carbon Dioxide (CO2) emissions and global warming. Additionally, end-use businesses are investing in dependable and secure power electronics as a result of their growing awareness of…

The size of the global Electromagnetic Compatibility (EMC) testing market was USD 2.37 billion in 2021, and over the forecast period, revenue is estimated to grow at a CAGR of 5.4%. Increased need for EMC Pre-Compliance testing of products, growing demand for mobile data, and an increase in mobile subscribers are the main reasons fuelling the market's revenue growth. One of the most crucial processes in the creation of many goods and market research is testing for electromagnetic…

The global alkoxide market size was USD 2.40 Billion in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to the latest analysis by Emergen Research. Increasing advancement in manufacturing technology and growing advancements in technology, which have led to more energy-efficient methodologies for manufacturing alkoxide-based products are major factors driving market revenue growth. An alkoxide is a popular reactant utilized for preparation of wet…