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Hydroponics Market Set to Surge, Projected to Reach $35.4 Billion by 2030
Hydroponics is a cropping system that makes plants grow in a nutrient-rich water solution. Crops grown hydroponically can be grown anywhere on earth at any time of the year, regardless of weather conditions, availability of cultivable land, or soil quality. Hydroponic farming has the potential to provide fresh, local food for areas with extreme droughts and low soil quality, such as in sub-Saharan Africa, where access to leafy green vegetables is often limited.
Top Decade-Defining Companies in the Functional Food and Beverages Arena
The Functional Food and Beverages Market is expected to reach $532.98 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023 to 2030. The increasing demand for healthy & nutrition-rich diets, rising demand for sports & performance drinks, growing innovation and new product developments, and changes in lifestyles and rising incidences of chronic diseases are the key factors driving the growth of the functional food and beverages market.
Europe Dunaliella Salina Market to Reach $27.1 Million by 2030
The popularity of Dunaliella salina is rising due to changing lifestyles and the growing natural food trend, which positively impacts the demand for Dunaliella salina. The Europe Dunaliella salina market is driven by increasing demand for naturally-sourced beta carotene products, rising need for natural colorants, and increased use of Dunaliella salina in the cosmetics industry. However, the complex production process for Dunaliella salina is expected to restrain the growth of this market.
Europe Dunaliella Salina Market Set to Flourish, Projected to Reach $27.1 Million by 2030
The Europe Dunaliella Salina Market is slated to register a CAGR of 4.8% from 2023–2030 to reach $27.1 million by 2030.The popularity of Dunaliella salina is rising due to changing lifestyles and the growing natural food trend, which positively impacts the demand for Dunaliella salina. The Europe Dunaliella salina market is driven by increasing demand for naturally-sourced beta carotene products, rising need for natural colorants, and increased use of Dunaliella salina in the cosmetics industry. However, the complex production process for Dunaliella salina is expected to restrain the growth of this market.
Online language learning Market to be Worth $38.71 Billion by 2030
The growth of this market is driven by globalization and the growing need for cross-border communication, the growing E-learning market, and the penetration of artificial intelligence in E-learning. The increasing expenditure on the education sector, rising internet and smartphone user base, and increasing preference for a multilingual workforce by multinational companies are expected to create market growth opportunities.
TOP 10 COMPANIES IN ONLINE LANGUAGE LEARNING MARKET
The Online Language Learning Market is expected to reach $31.81 billion, at a CAGR of 20.3% during the forecast period 2022–2029. The growth of this market is driven by globalization and the growing need for cross-border communication, the growing e-learning market, and the penetration of artificial intelligence in e-learning. However, data security and privacy concerns are expected to restrain this market’s growth.
Hydropower Plants Market to be Worth $318.3 Billion by 2030
A hydropower plant comprises a set of facilities and electromechanical equipment used to transform water's potential energy into electrical energy. Hydropower plants are gaining popularity due to their notable benefits such as stability and reliability of electricity systems, clean and cheap energy, and an eco-friendly source of energy. Furthermore, hydropower plants provide flood control, irrigation support, and clean drinking water.
Electric Vehicle Battery Materials Market to be Worth $156 Billion by 2031
Considerable ESG-related challenges to the battery value chain and rising concerns of geopolitical dependencies due to the limited availability of raw materials may hinder the growth of this market. The volatile supply chain and high cost of battery recycling are major challenges faced by the players operating in the electric vehicle battery materials market.
Data Center Colocation Services Market to be Worth $97.9 Billion by 2031
Data center colocation services provide companies with a cost-effective and efficient solution for hosting their IT infrastructure. These facilities adhere to industry standards and certifications and are equipped with advanced security measures, including surveillance systems, access controls, and physical security measures that ensure the protection of sensitive data.
3D Cell Culture Market to be Worth $4.02 Billion by 2030
3D Cell Culture Market is projected to reach $4.02 billion by 2030, at a CAGR of 15.1% from 2023 to 2030. 3D cell culture is an environment that allows cells to grow and interact in three dimensions with the extracellular matrix. In comparison, traditional 2D cell cultures involve cells growing as a flat monolayer on a plate. 3D cell cultures can be scaffold-based or scaffold-free.