Soaring Demand News Today

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(Bloomberg) -- Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With...

(Reuters) -Eli Lilly on Tuesday forecast 2024 profit above Wall Street estimates on soaring demand for its recently approved weight-loss drug, and said the treatment helped reduce symptoms of a common, difficult to treat fatty liver disease in a mid-stage trial. Shares of the Indianapolis-based drugmaker jumped nearly 5% in premarket trading after gaining about 11% in January, making Lilly the eighth largest company in the U.S. by market capitalization and most valuable healthcare company.

The global formic acid market size was valued at over USD 1.5 billion in 2022 and expected to grow at a significant CAGR of ~ 4% from 2024 to 2030.

1Minerals Corp Secures North Americas Largest Lithium Portfolio

The global functional mushroom market size is projected to grow at a significant CAGR of around 10% during the forecast period from 2024 to 2030.

The global shea butter market size was estimated at over USD 2 billion in 2022 and expected to grow at a significant CAGR of around 7% during the forecast period from 2024 to 2030.

Anticipated to demonstrate substantial growth, the global polypropylene nonwoven fabric market size is expected to achieve a noteworthy Compound Annual Growth Rate (CAGR) of over 6% from 2023 to 2030.

Key companies covered in toaster market are Panasonic Corporation (Japan), LG Electronics (South Korea), Samsung Electronics Co. Ltd. ...

"With this, we will – over the coming years - increase our production capacity to be prepared for the increased demand for our medicines and future innovations from our pipeline," Novo Nordisk said on Thursday. It added that the investment adds capacity for GLP-1 products, referring to the active ingredient in its pioneering weight-loss drug Wegovy and in the lower-dose version Ozempic, which has also been used for weight loss outside of its approved use against diabetes.