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Global Shrimp Market Analysis
Market Overview
The Global Shrimp Market is projected to reach US$ 69.35 billion by 2028, growing at a robust CAGR of 6.72% between 2022 and 2028, according to Renub Research. Shrimp remains one of the most traded seafood products globally, with demand extending beyond the food industry into sectors like pharmaceuticals, healthcare, and cosmetics. These industries leverage shrimp's unique properties, including antioxidant and anti-aging effects, alongside its high nutritional value as a source of protein, phosphorus, and selenium.
The shrimp market's stable growth is driven by increasing demand and improved supply mechanisms. The rise in shrimp's popularity as a key ingredient in various global cuisines, particularly in Asian dishes, further supports its market expansion.
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Government Initiatives and Cluster Farming
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Transportation Battery Market Analysis
The global Transportation Battery Market reached a value of US$ 85.67 billion in 2023 and is projected to grow significantly to US$ 263.78 billion by 2032, expanding at a robust CAGR of 13.31% between 2024 and 2032. This remarkable growth is driven by factors such as the increasing electrification of vehicles, advancements in charging infrastructure, widespread adoption of electric vehicles (EVs), and the integration of transportation batteries with grid and energy storage systems.
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Transportation Battery Market Overview
Transportation batteries are rechargeable energy storage solutions tailored for powering various vehicles such as electric cars, buses, trains, bicycles, and scooters. These batteries serve as a critical component in enabling vehicle propulsion by delivering electrical energy to motors, sourced
