The Insight Strategist

  Market Overview Global  Food Fortifying Agents Market  size and share is currently valued at USD 89.32 billion in 2023 in 2023 and is anticipated to generate an estimated revenue of USD 202.15 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 9.5% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 Fortified foods are increasingly being incorporated into functional foods, infant nutrition, sports drinks, and confectionery. The growing consumer demand for health-enhancing food products and the rise in chronic lifestyle diseases such as diabetes, obesity, and cardiovascular conditions are amplifying the need for fortified diets. Key Market Growth Drivers Rising Incidence of Nutritional Deficiencies According to the World Health Organization (WHO), over  2 billion people worldwide  suffer from micronutrient deficiencies, commonly known as “hidden hunger....

  Market Overview Water desalination equipment  refers to the machinery and systems used to remove salt and other impurities from seawater or brackish water, making it safe for human consumption, industrial use, and agriculture. Desalination is especially vital in arid and semi-arid regions where natural freshwater resources are scarce or polluted. According to the research report published by Polaris Market Research, the  Water Desalination Equipment Market  Size Is Expected To Reach USD 7.22 billion in 2021, and is anticipated to generate an estimated revenue of USD 15.69 billion by 2030 at a CAGR of 9.0% during the forecast period. Key Market Growth Drivers Rising Global Water Scarcity According to the United Nations, over  2 billion people  globally lack access to safely managed drinking water services. Climate change, population growth, and rapid urbanization are intensifying the demand-supply gap in freshwater resources, particularly in the  Midd...

  Market Overview Global  solid state drive market  size and share is currently valued at USD 58.65 billion in 2023 and is anticipated to generate an estimated revenue of USD 208.92 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 15.20% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 The market has seen significant innovation in NAND flash technology, which underpins SSDs, including advancements such as 3D NAND, NVMe interfaces, and PCIe 4.0/5.0 connectivity. These innovations are enabling SSDs to deliver higher speeds and capacities at lower costs, further widening their adoption. Key Market Growth Drivers Rise in Data-Centric Applications and Cloud Computing The explosive growth of  cloud services ,  data analytics , and  artificial intelligence (AI)  applications has drastically increased demand for faster and more reliable data ...

  Market Overview Rare earth metals, despite their name, are not particularly rare in terms of their abundance in the Earth’s crust; however, they are difficult and expensive to extract. These metals are indispensable for many modern technologies, such as  magnets ,  batteries ,  catalysts , and  phosphors . The recycling of rare earth metals involves the recovery of these critical materials from end-of-life products like electric motors, hard drives, fluorescent lamps, and magnets. According to the research report, the global  rare earth metal recycling  market was estimated at USD 236.13 million in 2021 and is expected to reach USD 623.39 million by 2030, to grow at a CAGR of 11.4% during the forecast period. Key Market Growth Drivers Increased Demand for Electric Vehicles (EVs) The rapidly growing  electric vehicle market  is one of the primary drivers of the rare earth metal recycling market. Rare earth metals like  neodymium  a...