Global Hygienic Valves Market to Surpass Valuation of US$ 1,340.7 Million By 2033 | Astute Analytica [Yahoo! Finance]
B. Riley Financial, Inc. (RILY)
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Source: Yahoo! Finance
industries, presenting significant opportunities for manufacturers to innovate and meet evolving regulatory standards. New Delhi, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The global hygienic valves market is projected to hit the market valuation of US$ 1,340.7 million by 2033 from US$ 902.2 million in 2024 at a CAGR of 4.5% during the forecast period 2025–2033. The hygienic valves market in 2023 is experiencing robust growth, driven by increasing demand across industries like food and beverage, pharmaceuticals, biotechnology, and cosmetics. These industries are prioritizing product safety, sterility, and compliance with stringent regulatory requirements, creating vast opportunities for hygienic valve manufacturers. A key driver is the growing emphasis on clean-label production and contamination-free processes, especially in the food and pharmaceutical sectors, which rely heavily on hygienic valves to maintain sterility during manufacturing and packaging. For instance, the pharmaceutical
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RILY
Sec Filings
- 12/12/24 - Form 8-K
- 11/26/24 - Form 8-K
- 11/21/24 - Form 8-K
- RILY's page on the SEC website