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Latest Press Releases
Modular Chillers Market Size to Reach $6.9 Billion by 2035
Published: May 2026
Modular chillers market is projected to grow from $3.9 billion in 2025 and is projected to reach $6.9 billion by 2035, growing at a CAGR of 5.8% during the forecast period 2026-2035. The global modular chillers market is witnessing steady expansion due to the growing preference for flexible and energy-efficient cooling systems across commercial, industrial, and institutional facilities. End users are increasingly adopting modular configurations because they allow phased capacity expansion, simplified maintenance, and improved operational continuity compared to conventional centralized systems. Rising development of data centers, healthcare facilities, mixed-use buildings, and smart infrastructure projects is supporting demand for modular cooling technologies. In addition, manufacturers are focusing on integrating intelligent control systems, remote monitoring capabilities, and compact designs to improve system adaptability in space-constrained environments.
Solar Photovoltaic Glass Market Size to Reach $142.5 Billion by 2035
Published: May 2026
Solar Photovoltaic Glass market is projected to grow from $11.0 billion in 2025 and is projected to reach $142.5 billion by 2035, growing at a CAGR of 29.2% during the forecast period 2026-2035. The global solar photovoltaic glass market is witnessing steady structural growth driven by the increasing shift toward renewable energy integration across power generation systems. Rising deployment of solar modules in both utility-scale and distributed energy projects is strengthening the need for high-performance glass solutions that enhance light transmission and module efficiency. Technological improvements in coating techniques and material engineering are enabling better durability, thermal resistance, and optical clarity, supporting the long-term performance of solar installations. The growing emphasis on reducing carbon emissions is encouraging governments and industries to accelerate solar adoption across diverse regions.
Food Preservatives Market To Reach $6.2 Billion by 2035
Published: May 2026
Food preservatives market was valued $4.0 billion in 2025 and is projected to $6.2 billion by 2035, expanding at a CAGR of 4.7% during 2026–2035. The market growth is primarily driven by the rising demand for processed and packaged food products, coupled with increasing consumer preference for extended shelf life and food safety. A key macro driver supporting this growth is the global rise in processed food consumption. According to the Food and Agriculture Organization (FAO), global food production must increase by nearly 60% by 2050 to meet rising population demand. Additionally, the World Health Organization (WHO) highlights that foodborne illnesses affect approximately 600 million people annually, reinforcing the need for effective food preservation solutions. This increasing emphasis on food safety and shelf-life enhancement directly drives the adoption of preservatives across key applications such as bakery, dairy, and meat processing industries. Among segments,
Food Flavor Market To Reach $42.9 Billion by 2035
Published: May 2026
Food flavor market was valued at $26.6 billion in 2025 and is projected to reach $42.9 billion by 2035, growing at a CAGR of 4.9% during the forecast period (2026–2035). The increasing demand for processed, packaged, and convenience foods is significantly driving the adoption of advanced flavor solutions across the global food and beverage industry. As consumer preferences continue to evolve toward diverse taste experiences, manufacturers are focusing on developing innovative flavor formulations that enhance product appeal while maintaining consistency across large-scale production. The market is strongly influenced by the expansion of global food trade and consumption. According to the UN Comtrade Database, global food trade has reached approximately USD 1.7 trillion, reflecting substantial growth in cross-border demand for processed and packaged food products. Furthermore, the Organisation for Economic Co-operation and Development highlights that the processed food sector plays a critical role in global food systems, contributing significantly to food supply, employment, and consumption patterns driven by urbanization and income growth.
Food Flavor and Enhancer Market to Reach $59.8 Billion by 2035
Published: May 2026
Food flavor and enhancer market was valued at $39.0 billion in 2025 and is projected to reach $59.8 billion by 2035, growing at a CAGR of 4.5% during the forecast period. Growth is primarily driven by rising global demand for processed and packaged food, increasing urbanization, and evolving consumer taste preferences across both developed and emerging economies. A major macroeconomic driver influencing the market is the expansion of global processed food consumption. According to the Food and Agriculture Organization, global food demand is expected to increase by over 50% by 2050, driven by population growth and dietary transitions. Additionally, the Organisation for Economic Co-operation and Development reports that consumption of processed and convenience foods has significantly increased across Asia-Pacific and Latin America due to rising disposable incomes and urban lifestyles. 
Food and Grocery Retail Market to Reach $10.9 Trillion by 2035
Published: May 2026
Food and grocery retail market was valued at $6.6 trillion in 2025 and is projected to reach $10.9 trillion by 2035, growing at a CAGR of 5.2% during the forecast period (2026–2035). The market is primarily driven by rising global food demand, urbanization, and increasing household consumption expenditure. Governments and international agencies continue to highlight the structural growth in food consumption. According to the Food and Agriculture Organization, global food demand is expected to increase by nearly 50% by 2050, driven by population growth and income expansion. This surge directly supports higher retail sales volumes across fresh food, packaged food, and beverages. Urbanization is further accelerating the shift toward organized retail formats. As per the United Nations, more than 56% of the global population lives in urban areas, a figure projected to rise to 68% by 2050.
Digital Camera Market To Reach $25.2 Billion by 2035
Published: May 2026
Digital camera market was valued at $15.3 billion in 2025 and is projected to reach $25.2 billion by 2035, growing at a CAGR of 5.3% during 2026–2035. The market growth is strongly influenced by the rising demand for high-quality visual content across digital platforms and increasing adoption of advanced imaging technologies. A key macro driver supporting this growth is the rapid expansion of global digital connectivity. According to the International Telecommunication Union (ITU), over 5.4 billion people (approximately 67% of the global population) were using the internet in 2023, significantly boosting content creation, social media usage, and demand for high-performance cameras. This surge directly supports demand for professional-grade imaging devices, especially in videography and content creation applications.
Content Recommendation Engine Market to Reach $25.1 Billion by 2035
Published: May 2026
Content recommendation engine market is projected to grow from $4.8 billion in 2025 to $25.1 billion by 2035, expanding at a CAGR of 18% during the forecast period. The rapid expansion of digital content consumption and increasing demand for personalised user experiences across industries such as retail, media, and financial services primarily drives the growth. A key macro driver influencing this market is the exponential rise in global internet usage and digital data generation. According to the International Telecommunication Union (ITU), over 5.4 billion people were using the internet globally in 2023, representing nearly 67% of the world’s population. This massive digital footprint is generating vast amounts of user data, which enterprises are leveraging to deploy AI-driven recommendation engines to enhance engagement, improve conversion rates, and optimise customer journeys. As organizations increasingly prioritise personalisation, content recommendation engines have become a core component of digital transformation strategies.
Connected Home Security Devices Market to Reach $54.0 Billion by 2035
Published: May 2026
Connected home security devices market was valued at $22.5 billion in 2025 and is projected to reach $54.0 billion by 2035, growing at a CAGR of 9.2% during the forecast period (2026–2035). The increasing focus on residential safety, coupled with rapid urbanization and the expansion of IoT-enabled home automation ecosystems, is driving sustained demand for connected security devices. These systems, including smart cameras, locks, sensors, and hubs, are becoming integral to modern households as consumers prioritize real-time monitoring, remote access, and integrated security management. The rapid growth in global internet penetration is a key enabler for connected home security adoption. According to the International Telecommunication Union, over 5.4 billion people were using the internet globally in 2023, accounting for nearly 67% of the global population. 
Canada Myocardial Infarction Market to reach $211.0 million by 2035
Published: May 2026
Canada myocardial infarction market was valued at approximately $138.4 million in 2025 and is projected to reach around $211.0 million by 2035, expanding at a CAGR of 4.4% during 2026–2035. Market growth is driven by the increasing prevalence of cardiovascular diseases and rising adoption of advanced interventional and diagnostic technologies. According to the World Health Organization, cardiovascular diseases account for nearly 19.8 million deaths annually worldwide, representing about 32% of total global mortality. This growing burden is significantly increasing the demand for early diagnosis and effective treatment of Myocardial Infarction through ECG, biomarker testing, imaging, and advanced revascularization procedures across hospitals and surgical centers in Canada.