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IMARC Group, a leading market research company, has recently released a report titled “Neurological Biomarkers Market Report by End Use (Food Industry, Feed Industry, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is the CAGR of the neurological biomarker market?
The global neurological biomarkers market size reached US$ 8.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 24.0 Billion by 2032, exhibiting a growth rate (CAGR) of 11.3% during 2024-2032.
Global Neurological Biomarkers Market Trends:
The increasing utilization of liquid biopsies in neurology, which involves analyzing biomarkers in body fluids such as blood and cerebrospinal fluid, to offer a less invasive and more accessible alternative to traditional tissue biopsies, is strengthening the market growth. Moreover, the integration of neurological biomarkers into personalized treatment plans, allowing for tailored therapies based on an individual's unique biomarker profile, is catalyzing the market growth. Additionally, the increasing collaboration between biotechnology companies and academic institutions to foster innovation in biomarker discovery and validation is enhancing the market growth.
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Factors Affecting the Growth of the Neurological Biomarkers Industry:
The continuous advancements in diagnostic technologies are some of the major factors bolstering the market growth. In line with this, the development of more sensitive and specific biomarkers that help in the detection and monitoring of neurological disorders is fueling the market growth. Moreover, rapid innovations such as next-generation sequencing (NGS), advanced imaging techniques, and proteomics to enable the identification of novel biomarkers that can diagnose conditions at earlier stages are fostering the market growth. For example, biomarkers for Alzheimer's disease, such as amyloid-beta and tau proteins, can be detected with greater accuracy using positron emission tomography (PET) scans and cerebrospinal fluid analysis. Furthermore, the burgeoning integration of artificial intelligence (AI) and machine learning (ML) in biomarker discovery and analysis that accelerate the identification of potential biomarkers is expanding the market growth.
The increasing prevalence of neurological disorders across the globe, such as Alzheimer's disease, Parkinson's disease, multiple sclerosis, and stroke, is another significant driver catalyzing the market growth. Along with this, the rising burden on healthcare systems, creating a demand for early and accurate diagnostic tools provided by neurological biomarkers, is fostering the market growth. Moreover, the increasing realization of the importance of early diagnosis for effective management and treatment of these disorders, potentially slowing disease progression and improving patient outcomes, is anticipated to drive the market growth. Additionally, the rising awareness of these conditions, boosting the need for regular screening and monitoring, is propelling the market growth.
The substantial investment in research and development (R&D) by pharmaceutical companies, academic institutions, and government bodies to explore new biomarkers and improve existing ones for understanding neurological diseases is positively impacting the market growth. In line with this, pharmaceutical companies are interested in biomarkers for their potential to facilitate drug development. They can be used to identify patient subgroups that are more likely to respond to certain treatments, making clinical trials more efficient and cost-effective. Moreover, the growing recognition of the importance of biomarkers among regulatory agencies, which improves drug approval processes, thereby encouraging more investment, is fueling the market growth.
Top Companies Operating in Global Neurological Biomarkers Industry:
Neurological Biomarkers Market Report Segmentation:
By Type:
Proteomic biomarkers dominated the segment due to their ability to provide comprehensive insights into protein expression and function, crucial for understanding complex neurological disorders.
By Application:
Alzheimer's disease represented the largest segment as it is one of the most prevalent and researched neurological conditions, driving significant demand for early diagnostic and monitoring biomarkers.
By End Use:
Hospital laboratories accounted for the largest market share as they are primary centers for clinical diagnostics and biomarker testing, offering specialized facilities and expertise.
Regional Insights:
North America's dominance in the neurological biomarkers market is attributed to its advanced healthcare infrastructure, high investment in research and development (R&D), and substantial prevalence of neurological disorders.
Other Key Points Covered in the Report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC Group has recently released a new research study titled “Benzene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global benzene market size reached US$ 64.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 86.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.2% during 2024-2032. The implementation of stringent environmental and health regulations, the escalating investment in research and development across the globe, and the increasing demand for increased agricultural production are among the key factors driving the market growth.
Global Benzene Market Trends:
The growing emphasis on sustainability and environmental regulations is strengthening the market growth, as industries seek eco-friendly alternatives to conventional materials. Benzene's versatility in the development of bio-based polymers and renewable chemicals positions it as a strategic choice for companies aiming to reduce their carbon footprint and embrace greener practices. Furthermore, the rising demand for benzene in the pharmaceutical industry in the synthesis of various pharmaceutical compounds, including drugs for treating cancer, cardiovascular diseases, and neurological disorders is creating a positive outlook for market expansion. Apart from this, the proliferation of electric vehicles (EVs) is fueling the growth of the benzene market, as benzene-derived materials like polycarbonate and ABS are integral in EV components such as battery casings and interior parts.
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Factors Affecting the Growth of the Benzene Industry:
Benzene serves as a crucial feedstock in the production of numerous chemicals, including styrene, cumene, cyclohexane, and nitrobenzene, among others. These chemicals find applications in diverse industries such as automotive, construction, electronics, and pharmaceuticals. For instance, styrene is a key component in the production of polystyrene, which is widely used in packaging, insulation, and consumer goods. Cumene is utilized in the synthesis of phenol and acetone, essential chemicals in the production of plastics and resins. The demand for these downstream chemicals directly impacts the demand for benzene. Therefore, any shifts in the demand for these end products can significantly affect the benzene market.
Benzene plays a vital role in the manufacturing of polymers, particularly in the production of polystyrene, nylon, and polyurethane. Polymers derived from benzene find applications in various sectors, including automotive, construction, textiles, and packaging. The growth of these industries, driven by factors such as population growth, urbanization, and economic development, influences the demand for benzene. For instance, the automotive industry's demand for lightweight materials like polyurethane foam for vehicle interiors can impact benzene consumption. Similarly, the construction sector's need for insulation materials made from polystyrene is boosting the benzene demand.
Benzene is derived primarily from crude oil through processes such as catalytic reforming or steam cracking of naphtha. Therefore, its price is closely linked to crude oil prices. Fluctuations in crude oil prices due to geopolitical tensions, supply disruptions, or changes in global demand can directly impact benzene prices. When crude oil prices rise, the cost of benzene production also increases, leading to higher prices for benzene and its derivatives. Conversely, during periods of low crude oil prices, benzene prices may decrease as production costs decline. This correlation with crude oil prices makes benzene vulnerable to market volatility and macroeconomic factors affecting the oil and gas industry.
Explore Full Report Description At: https://www.imarcgroup.com/benzene-technical-material-market-report
Key Companies:
Benzene Market Report Segmentation:
By Derivative:
Ethylbenzene is the largest segment due to its extensive use as a precursor in the production of styrene, a key component in the manufacturing of polystyrene and other plastics.
By Manufacturing Process:
On the basis of the manufacturing process, the market has been categorized into pyrolysis steam cracking of naphtha, catalytic reforming of naphtha, toluene hydrodealkylation, toluene disproportionation, and biomass.
By Application:
Based on the application, the market is divided into plastics, resins, synthetic fibers, rubber lubricants, and others.
Regional Insights:
Asia Pacific emerges as the leading market due to rapid industrialization, high demand for plastics and chemicals, and robust manufacturing activities in countries like China and India.
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Key Highlights of the Report:
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
IMARC Group, a leading market research company, has recently releases report titled “Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global pasta market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global pasta market size reached US$ 23.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 26.1 Billion by 2032, exhibiting a growth rate (CAGR) of 1.3% during 2024-2032.
Global Pasta Market Trends:
The rising popularity of plant-based and vegan diets, which has led to an increase in pasta made from alternative ingredients like lentils and chickpeas, is strengthening the market growth. Additionally, innovative packaging solutions that enhance shelf life and convenience are attracting more consumers to pasta products contributing to the market expansion. Besides this, the expansion of online grocery shopping, which makes pasta more accessible to consumers, is propelling the market growth. Furthermore, pasta's affordability compared to other food staples makes it a popular choice during economic downturns, thereby providing an impetus to the market growth.
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Factors Affecting the Growth of the Pasta Industry:
In a fast-paced world, convenience has become a crucial factor in food choices. Pasta, being easy to cook and versatile, fits perfectly into the modern lifestyle. It offers a quick meal solution that can be prepared in various ways to suit different tastes and dietary needs. The busy schedules of working professionals and students make pasta an attractive option due to its relatively short cooking time and the ease with which it can be paired with a variety of sauces and ingredients. Additionally, the growing trend of dual-income households means that there is less time available for cooking elaborate meals, further boosting the demand for convenient food options like pasta is bolstering the market growth.
There has been a significant shift towards healthier eating habits, and pasta manufacturers have responded by introducing a range of healthier pasta options. Whole grain, gluten-free, and protein-enriched pasta varieties cater to consumers looking for nutritious and dietary-specific food products. Whole grain pasta, for instance, offers higher fiber content and a lower glycemic index compared to traditional pasta, appealing to health-conscious consumers. Gluten-free pasta caters to those with celiac disease or gluten intolerance, while protein-enriched pasta appeals to consumers aiming to increase their protein intake. The rise of plant-based diets has also led to the development of pasta made from alternative ingredients such as chickpeas, lentils, and quinoa, which offer nutritional benefits and align with vegan and vegetarian lifestyles is impelling the market growth.
As global travel and the exchange of culinary traditions become more prevalent, consumers are exposed to a variety of international cuisines. Italian cuisine, with pasta as a central element, has gained immense popularity worldwide. This exposure has increased the demand for authentic pasta products and inspired consumers to recreate Italian dishes at home. The proliferation of cooking shows, food blogs, and social media platforms showcasing diverse pasta recipes has also fueled this trend. Furthermore, restaurants and food service providers are expanding their menus to include a wide range of pasta dishes, catering to the growing interest in global flavors. The adaptability of pasta to incorporate local ingredients and flavors makes it a versatile dish that can be customized to suit regional tastes, aiding the market growth.
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Key Companies:
Pasta Market Report Segmentation:
By Product Type:
Dried pasta represents the largest segment due to its long shelf life and convenience for storage and transportation.
By Raw Material:
Durum wheat semolina dominates the market as it provides superior texture and flavor, preferred in pasta production.
By Distribution Channel:
Supermarkets account for the majority of shares as they offer wide product variety and accessibility to consumers.
Regional Insight:
Europe enjoys the leading position due to its deep-rooted culinary tradition and high consumption of pasta.
Other Key Points Covered in the Report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.