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Stock impact report

Global Marine Biotechnology Strategic Business Report 2024: Market to Reach $13.1 Billion by 2030 - Focus on Biofuels as the Future Energy Security Solution Drives Strong Demand [Yahoo! Fi...

Marine Products Corporation (MPX) 
Last marine products corporation earnings: 4/29 06:45 am Check Earnings Report
US:NYSE Investor Relations: marineproductscorp.com/profile
Company Research Source: Yahoo! Finance
Global Marine Biotechnology Market to Reach $13.1 Billion by 2030 The global market for Marine Biotechnology estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$13.1 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030. Biomaterials, one of the segments analyzed in the report, is projected to record a 9.4% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Bioactive Substances segment is estimated at 8.5% CAGR for the next 8-year period. The report delves into the advancements in marine biotechnology, particularly in the development of wellness products. Against the backdrop of a shifting global economic landscape, characterized by efforts to manage the ongoing COVID-19 pandemic and geopolitical tensions such as the Russia-Ukraine war, the report provides insights into the marine biotechnology market. It examines the impact of COVID-19 on the marine biotechnology sector and analyzes the co Show less Read more
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