Straits Research

Ibuprofen Market   The  Asia-Pacific ibuprofen market  is experiencing significant growth and is projected to be the  largest and fastest-growing regional market  for  ibuprofen globally . With a market size that mirrors the global trajectory, the region’s expansion is fueled by cost-efficient pharmaceutical manufacturing hubs in  India and China , a rapidly growing geriatric population, and an increasing incidence of chronic illnesses. Valued at  USD 1.46 billion in 2024 , the global market is expected to grow at a  CAGR of 2.44%  to reach  USD 1.8 billion by 2033 . Asia-Pacific plays a key role in this growth trajectory. Market Opportunities 1. Growing Aging Population and Chronic Illnesses The increasing elderly population in countries like  India , where the number of people aged over 60 is expected to reach  193.8 million by 2031 , is contributing significantly to the demand for pain relief medications such as ibuprof...

Aquaponics Systems Market   The  North America Aquaponics Systems Market  stands as the dominant regional player in the global aquaponics landscape, reflecting rapid growth and innovation. Valued as a significant contributor to the worldwide market, North America’s prominence is driven by increasing awareness of sustainable agriculture, rising food security concerns, technological advancements, and robust institutional support. The market growth is projected to remain strong through 2033, benefiting from increasing adoption in both commercial and residential sectors. Aquaponics  integrates aquaculture (fish farming) and hydroponics (soil-less plant cultivation) in a symbiotic, water-efficient system. This closed-loop method uses fish waste to nourish plants, which in turn purify water for fish, making it a highly sustainable approach to food production. North America’s strong research base, consumer awareness, and policy incentives fuel its leading market position. M...