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The global compound management market size was valued at USD 258.3 million in 2018 and is anticipated to witness a CAGR of 16.7% over the forecast period. Increasing drug discovery activities, growth in the pharmaceutical and biotechnology industry as well as increasing demand for outsourcing these services are some of the factors driving the market.Automated storage systems manage collections of compounds more efficiently, maximize sample integrity as well as improve turnaround times while sourcing samples. Additionally, new automated technology for sample management has led to the introduction of innovations that support novel approaches for high-throughput screening. Read More »
The global retort pouch market was valued at USD 3.74 billion in 2018 and is anticipated to grow at a CAGR of 6.7% over the forecast period. Factors such as changing consumer lifestyle and preferences; growing middle class; and working population, are expected to drive the demand for packaged foods, thereby also acting as key drivers for growth of the retort pouch industry. The growing demand for packaging solutions that can extend the shelf-life of various food products, such as meat, seafood, poultry, baby food, and pet food, is further likely to augment the demand for retort packaging over the forecast period. Read More »
The global virtual reality headset market size is expected to reach USD 19.78 billion by 2025, registering a 21.5% CAGR from 2019 to 2025, according to a new study published by Grand View Research, Inc. Rising adopt... Read More »
The global retort pouch market size is projected to be valued at USD 5.88 billion by 2025, expanding at a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand among consumer... Read More »