Casein and caseinates market. 71 million by 2028. Casein and caseinates market

 
71 million by 2028Casein and caseinates market Americas is the dominant market for casein and caseinates protein and it is estimated to reach $603

26% over the next five years. Jun 15, 2023 (The Expresswire) -- The latest report released by "Business Growth Reports" on the Global Casein and Caseinates Market report by research. The Market Growth Report divides the worldwide Casein and Caseinates market into categories based on type [Casein, Caseinates] and use [Food & beverages, Industrial application, Nutrition, Others]. 3 American Casein Company Market Share (2018-2022) 8. With expert insights, this report empowers businesses to grasp the Casein and. The report "Casein and Caseinates Market: Global Market Intelligence (2020-2030) provides market intelligence on the different market segments, based on Market Dynamics, Distribution Channel, Product type, and geography. The Casein, such as Acid Casein, is boosting the Casein and Caseinates market. The market value is further expected to reach a figure of around US$ 3. . 4 Billion in 2022. Properties. With rising demand from infant and sports. Acid Casein 741 is a granular milk protein suitable for incorporation into a wide range of foods. Saudi Arabia - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 52 million by 2027. Americas is the dominant market for casein and caseinates protein and it is estimated to reach $603. Nov 21, 2022 (The Expresswire) -- Global “Casein and Caseinates Market” research report delivers complete analysis of market challenges, market drivers,. Looking forward, IMARC Group expects the market to reach US$ 4. This limits the applications of acid casein in some applications. Cameroon - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. The End Use Industry, such as Food and Beverage, is boosting the Casein and Caseinates market. To obtain a casein product that is soluble, the acid casein is neutralized with an alkali and spray-dried to obtain caseinates. 1% between 2023 and 2028 to reach a value of USD 4522. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. REPORT OBJECTIVES The report “Casein and Caseinates Market: Global Market Intelligence (2020-2030) provides market intelligence on the different market segments, based on Market Dynamics, Distribution Channel, Product type, and geography. 282. The global casein and caseinates market was valued at USD 1,095. Looking forward, IMARC Group expects the market to reach 505. May 19, 2023 (The Expresswire) -- Final Report will add an analysis of the impact of the Russia-Ukraine War and COVID-19 on theCasein and Caseinates. 7%. Casein and caseinates are witnessing huge demand from food and beverage and other industrial applications, including plastic, fiber, paint, paper, glue, and textile. 1 billion in 2032, with a compound annual growth rate (CAGR) of 10. 6 Billion by 2028, exhibiting a. . The global casein and caseinates market reached a value of around US$ 2. The forecast exhibits the market prospects through. 1 million for the current year and is projected to register a CAGR of 4. 0%. Market Research Future (MRFR) 's report highlights “Casein and Caseinates Free Market Information By Source, Nature, Flavor, Consumer Group, End User, Distribution Channel, And Region” - Forecast till 2032"; the market will achieve. To obtain a casein product that is soluble, the acid casein is neutralized with an alkali and spray-dried to obtain caseinates. The market value is further expected to reach a figure of around US$ 3. The United Kingdom Casein And Caseinates Market is growing at a CAGR of 5. There are different types of commercial CN products that are available in the market; including rennet casein, acid casein, caseinates, coprecipitates, and milk protein concentrate (MPC). Single report. According to the latest market analysis conducted by Market Research Future, the global Casein and Caseinates-Free market is projected to grow at a robust CAGR of 10. from $280/monthImpact of COVID 19 on the Asia Pacific Casein and Caseinates Market: The Asia Pacific Casein and Caseinates market has also been affected by this slowdown. The Global Casein and Caseinates Market size is projected to grow at a CAGR of 5. 2 Billion in 2021. from $280/monthThe Canada animal protein market was valued at USD 258. They are produced from milk by a series of processes, including ultrafiltration (UF), evaporation, and drying, and are available in protein content ranging from 40. Casein peptone plays a crucial role in production of culture. The forecast exhibits the market prospects through. Milk Protein Concentrates (MPCs) are complete dairy proteins that contain both casein and whey proteins. In 2022, supplies from abroad of casein glues and caseinates and other casein derivatives was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The mounting application of these additives in bakeries for cheesecakes, puddings, frostings, & whipped toppings, owing to their functional benefits, shall also bode well for the industry's. 62 million, as. This report provides an in-depth analysis of the casein and caseinates market in Bolivia. This report provides an in-depth analysis of the casein and caseinates market in Poland. • Dispersions with A1 β-casein exhibited noticeable ordered structural. Looking forward, IMARC Group expects the market to reach US$ 4. Subscription. V are the major companies operating in United Kingdom Casein And Caseinates Market. The global Casein And Caseinates market size was valued at USD 3185. Global Casein and Caseinates Market 2023-2030 Adaptive Research Reports encompass a comprehensive analysis that includes categorizing Types. This report provides market size in USD Million and Year on Year (YOY) percentage growth analysis for the Casein and Caseinates Market in all the Regions and Countries (specified above) for historic (2019 - 2022) and forecast (2023 - 2029) Periods with. 78 million in 2022 and is expected to expand at a CAGR of 8. 91% during the forecast. This report provides an in-depth analysis of the casein and caseinates market in Lithuania. Aided by increasing demand for protein-rich foods and rising awareness of. Casein is an odorless and tasteless milk protein with a gelatinous texture. “mixture” means a product composed of any two, or all three, of edible acid casein, edible caseinate and edible rennet casein. Subscription. With growth in casein awareness and demand of milk proteins, we are producing caseins, caseinates, native micellar. Archer Daniels Midland Company, Arla Foods AmbA, Darling Ingredients Inc. 6 Kilo Tons in 2022. Jun 17, 2023 (The Expresswire) -- "Casein and Caseinates Market" Insights 2023 By Types (Edible, Industrial Casein, Sodium Caseinate, Calcium Caseinate,. Reputable research company Markntel Advisors has conducted a thorough analysis. Various types of alkali have been used. 3. 51 billion in 2023 to USD 45. Looking forward, the publisher expects the market to reach US$ 4. This report provides an in-depth analysis of the casein and caseinates market in Slovenia. To obtain a casein product that is soluble, the acid casein is neutralized with an alkali and spray-dried to obtain caseinates. 9% to X tons, falling for the second year in a row after three years of growth. 20% over the next few years. The Global Casein and Caseinates Market is expected to grow at around 4. 1 billion in 2032, with a compound annual growth rate (CAGR) of 10. Various types of alkali have been used. This limits the applications of acid casein in some applications. This report provides an in-depth analysis of the casein and caseinates market in Paraguay. In pure form, it is an amorphous white solid, tasteless and odourless, while its commercial type is yellowish with a pleasing odour. . V, Savencia Fromage & Dairy are the major companies operating in Casein And Caseinates Market. Sent by email within 24h (Mon-Fri) $499 Basic Edition $1995 Professional Edition. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The Global Casein and Caseinates market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. 5% to $X, rising for the second consecutive year after two years of declineThe global Casein And Caseinates market size was valued at USD 3185. Using a continuous and hygienic process, the curd is extensively washed, then dried and ground to a. 88 billion by 2029. In 2022, for example, Canada imported casein from the United States valued at USD 446. 51 billion in. 8% over the forecast period to reach a valuation of 4. United Kingdom Casein and Caseinates Market Size To Grow At A CAGR Of 5. 5%, from $2. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Estonia - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. Their easy digestibility and rich amino acid profile make both of them efficient sources of nutrients, especially for. This report provides an in-depth analysis of the casein and caseinates market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The global Casein and Caseinates market size is USD 2. The. The research report includes a study of a number of factors that promote market growth. 42 million by 2028. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 4% over the next 5 years. The report includes an extensive. Casein and Caseinates Free Market Research Report Information By Source (Soy, Almond, Coconut, Cashew, Others), By Nature(Organic and Regular), By Flavor(Flavored and Plain/Unflavored) By Consumer. Sent by email within 24h (Mon-Fri) $499 Basic Edition $1995 Professional Edition. Looking forward, IMARC Group expects the market to reach US$ 4. According to the report, the global casein market attained a value of USD 3183. from $280/monthCasein and Caseinates Market Share and Outlook Research Report 2023-2030Global "Casein and Caseinates Market" research report for 2023 offers an in-depth analysis of the factors influencing the. In 2022, the. The Casein and Caseinates Market report provides a holistic evaluation of the market for the forecast period (2018–2027). Casein is a protein found in milk and is commonly used to produce various derivatives such as caseinates, casein hydrolysates, and casein. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The Global Casein and Caseinates Market is expected to grow at around 4. It is low in calories and has extremely low amount of fat content. The global Casein And Caseinates market size was valued at USD 3185. Overall, imports recorded a buoyant increase. Arla Foods AMBA, Fonterra Co-operative Group Limited, Kerry Group plc, Royal FrieslandCampina N. According to the study, the Casein and Caseinates Market size is set to register around 4. 5% from 2022 to 2030. The Global Casein and Caseinates Industry report gives a comprehensive account of the Global Casein and Caseinates market. Between 2020 and 2021 the exports of Casein grew by 46. from $280/monthLatvia - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. com's. Demand in the European market is influenced by rising consumer awareness of the health advantages of protein-rich goods like casein and caseinates. The casein and caseinates market is segmented by casein type, caseinate type, application, and geography. What are the market opportunities and threats faced by the vendors in the Casein and Caseinates? Get in-depth details about factors influencing the market shares of the important regions like United States, Asia-Pacific, United Kingdom, France &. Global Casein and Caseinates Market Size 2023-2030 –. May 18, 2023 (SUPER MARKET RESEARCH via COMTEX) -- According to the latest report by IMARC Group, titled "Casein and Caseinates Market: Global Industry. This report provides an in-depth analysis of the casein and caseinates market in Europe. 43% during the forecast period (2023-2029). Based on casein type, the market is segmented into rennet and acid casein. 71 million by 2028. According to Future Market Insights analysis Lactalis. Global Casein and Caseinates Market: Geographical Analysis . Base Year. The Global Casein and Caseinates Market is expected to grow at around 4. 1 billion in 2032, with a compound annual growth rate (CAGR) of 10. Due to its strong cohesive interactions reflecting high. 3. 7K, with an increase of 23% against the previous month. The Global “Casein and Caseinates Market” Research Report delivers a thorough market dynamics analysis, aiding businesses in strategic decision-making. The report provides a strategic analysis of the casein and caseinates market in Bulgaria and describes the main market participants, growth and demand. The casein and caseinates market is projected to register a CAGR of 5. In 2022, the market size for casein and caseinates was estimated at USD 10. In August 2022, the casein and caseinates price per ton amounted to $9. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 91% During the forecast period, reaching USD 5315. To obtain a casein product that is soluble, the acid casein is neutralized with an alkali and spray-dried to obtain caseinates. Casein And Caseinates Prices. . Tweet. Properties of sodium caseinates with various β-caseins were studied by FTIR and NMR. 4% over the next 5 years. Dec 13, 2022 (The Expresswire) -- 360 Research Reports added a research report on the global “Casein and Caseinates Market". In value terms, Germany remains the key foreign market for casein and caseinates exports from the Netherlands, comprising 26% of total exports. Agrial Group, Arla Foods amba, Fonterra Co-operative Group Limited, MEGGLE GmbH & Co. The global casein and caseinates market reached a value of around US$ 2. The Global Casein and Caseinates market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. Press release - Decisive Markets Insights - CASEIN AND CASEINATES Market Top Key Players- AMCO Proteins, Makers Nutrition, LLC, Hoogwegt, The Tatua Cooperative Dairy Company Ltd Growth Trends. Boasting a history of over 100 years within the global dairy market, Cottee continues to be an innovator in the sourcing, manufacture, and utilization of dairy ingredients. 70 billion by 2028, growing at a CAGR of 4. Casein & Caseinate Casein is the predominant protein found in cow’s milk and comprises about 80% of the total protein content. The global market for edible casein is projected to grow at a CAGR of 5. Market Research and Market Trends of Casein and Caseinates Market There have been huge advancements in caseins & caseinates market that have given rise to utilization of this dairy ingredient fulfilling the demands. , 2023-28. 1 billion in 2032, with a compound annual growth rate (CAGR) of 10. This report provides an in-depth analysis of the global casein and caseinates market. The worldwide market for both consumer products and ingredients from milk continues to grow. What's the difference? Buy the report. 51 billion in. According to a new report by Expert Market Research titled, “ United Kingdom Casein and Caseinates Market Trends, Size, Share, Analysis, Report and Forecast 2024-2032″, UK casein and caseinates market is projected to grow at a CAGR of 5. This report elaborates the market size, market characteristics, and market growth of the Casein And Caseinates industry, and breaks down according to the type, application,. 26%. The forecast exhibits the market prospects through. The other is whey. It includes a thorough analysis of the most recent trends, developments, drivers, restraints, challenges, and opportunities in the market as well as a projection of how the market will grow across various segments and. The research examines major growth strategies, drivers. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 22, 2023 (GLOBE NEWSWIRE) -- Casein and Caseinates-Free Market Overview Market Research Future (MRFR) 's report highlights “ Casein and Caseinates Free Market Information By Source, Nature, Flavor, Consumer Group, End User, Distribution Channel, And Region ” - Forecast till 2032"; the market will achieve. The wider functionality of casein and caseinates in enhancing the physical and nutritional quality, mainly its slower digestibility, drove its application in the food and beverages segment. 91% During the forecast period, reaching USD 5315. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report. The Casein And Caseinates Market is growing at a CAGR of 5. Single report. New Zealand - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. of Pages 99] | Global "Casein And Caseinates Market" Size, Share, CAGR, and GROWTH RATE Booming Throughout [2023-2030]. The study incorporates a wide range of persuading drivers, potential challenges, undiscovered opportunities, trending aspects, and effective segments, as well as highlights the various other efficacious factors & value. Sent by email within 24h (Mon-Fri) $499 Basic Edition $1995 Professional Edition. 78 million in 2022 and is expected to expand at a CAGR of 8. Jun 18, 2023 (The Expresswire) -- Latest Research Report on “Casein And Caseinates Market” 2023-2030 | Survey with Valuable Insights The research report on. " Caseins And Caseinates Industry Statistics. 25 million in 2021 and is expected to expand at a CAGR of 8. Mar 27, 2023 (The Expresswire) -- The global "Casein And Caseinates Market" research study presents an in-depth analysis of the market's revenue, size, and. The forecast exhibits the market prospects through. With this report, our domain-specific experts & dedicated analysts aim to provide. Considering the number of factors driving adoption of casein and caseinate, the casein and caseinate market is predicted to clock a CAGR of 4. The Germany casein and caseinates market size reached a value of approximately USD 176. 6% during 2016-2021. - Casein and caseinates are witnessing huge demand from food & beverages and various industrial applications including plastic and fiber, paint, paper, glues, and textiles industry. This limits the applications of acid casein in some applications. It is made up of trends, obstacles, and forces that. 32 billion. The forecast exhibits the market prospects through 2030. 7 million for the current year and is projected to register a CAGR of 3. e. The Middle East and Africa dairy protein market is supported by the global dairy protein market, which attained a value of nearly USD 18. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). To obtain a casein product that is soluble, the acid casein is neutralized with an alkali and spray-dried to obtain caseinates. 68% during 2023-2028. , International Flavors & Fragrances Inc. The wider functionality of casein and caseinates in enhancing the physical and nutritional quality, mainly its slower digestibility, drove its application in the food and beverages segment. The other 20% is whey protein. Apr 26, 2023 (The Expresswire) -- The latest market research report on the Global "Casein And Caseinates Market" is segmented by Regions, Country, Company. This has piqued the interest of health-conscious consumers, further driving. Demand for industrial casein remains higher in the casein and caseinates market. It includes a thorough analysis of the most recent. 4 Billion in 2022. KG, Royal FrieslandCampina N. 71 million by the year 2028. 32 billion in 2022. The comprehensive analysis of the “Casein And Caseinates Market” report outlines the key trends shaping the segment's growth in terms of competition, Product types [, Casein, Caseinates], End. The global casein and caseinates market size reached US$ 3. Caseins And Caseinates Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. The Casein and Caseinates Market is set to grow at around 4. The global Casein And Caseinates market size was valued at USD 2946. 32 billion. 3 grams of protein per 100 milliliters. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Aided by increasing demand for protein-rich foods and rising awareness of health benefits of casein and caseinates, the market is expected to grow significantly by 2032. Looking forward, IMARC Group expects the market to reach US$ 4. 6 Billion by 2028, exhibiting a. Around 80% of that protein is casein, and 20% is whey protein. . In 2022, the market size for casein and caseinates was estimated at USD 10. The report focuses on the Casein And Caseinates market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. V are the major companies operating in Germany Casein And Caseinates Market. 4 Billion in 2022. 6% CAGR during 2023-28 says MarkNtel. The current report Scope analyzes Caseinates Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data). 29 billion by 2028, growing at a CAGR of 4. 9 billion by the end of 2027, in terms of revenue, growing at CAGR of 4. The forecast exhibits the market prospects through. 70 million USD in 2023, and is expected to reach 388. Marketing of certain caseins and caseinates. 44B. Hence, individuals looking to strengthen lean muscle mass, control hunger, and obtain more benefits from exercise may consider opting for casein protein. The global casein and caseinates market is projected to grow at a CAGR of 5. The forecast exhibits the market prospects through. CASEIN AND CASEINATES MARKET REPORT OVERVIEW. 4% from 2022 to 2030. "Global Caseins And Caseinates market size 2023 was XX Million. The Germany casein and caseinates market size reached a value of approximately USD 176. 4 Billion in 2022. New York, USA, Aug. Cow’s milk contains about 3 percent casein. In the cheese-making process, casein is precipitated by the action of rennet enzymes, and a coagulum is formed consisting of. What's the difference? Buy the report. The food industry uses casein extracts to create similar products — caseinates. Archer Daniels Midland Company, Fonterra Co-operative Group Limited, International Flavors & Fragrances, Inc. The casein and caseinates market is growing mainly because of the trend toward healthier living and the increasing desire for high-protein products. . 71 million by 2028. Notícias do mercado de caseínas e caseinatos Abril de 2021 : A FrieslandCampina Ingredients lançou um novo portfólio, incluindo Excellion Calcium Caseinate S, para auxiliar na produção de barras de proteína mais macias. 1 million. The market value is further expected to reach a figure of around US$ 3. 6% during the forecast period, i. Casein is the basic component of ordinary cheese. 51 billion in 2023 to USD 45. e. . Agrial Group, Arla Foods amba, Fonterra Co-operative Group Limited, MEGGLE GmbH & Co. According to projections, the market for casein and caseinates free will increase from USD 11. Online access and download. The Casein and Caseinates Market is set to grow at around 4. Moreover, casein and caseinates imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. This demonstrates a significant. Online access and download. Casein and Caseinates Market: Drivers and Restraints. Sent by email within 24h (Mon-Fri) $499 Basic Edition $1995 Professional Edition. The market value is further expected to reach a figure of around US$ 3. To meet the growing demand for protein-rich foods, Canada imports casein from the United States. Market Research Future (MRFR) 's report highlights “Casein and Caseinates Free Market Information By Source, Nature, Flavor, Consumer Group, End User, Distribution Channel, And Region” - Forecast till 2032"; the market will achieve. The global Casein And Caseinates market size was valued at USD 2946. In 2021, Casein were the world's 629th most traded product, with a total trade of $3. 26% during the forecast period. The forecast exhibits the market prospects through. The global casein and caseinates market reached a value of around US$ 2. According to the latest report by IMARC Group, titled “Casein and Caseinates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global casein and. 2 Billion USD. 2023. The United Kingdom casein and caseinates market size is projected to grow at a CAGR of 5. 2018-2023. With UK being a hub for innovation, there is an ever-present demand for upgraded, eco-friendly, and sustainable casein products, setting the stage for manufacturers to continuously innovate. 22, 2023 (GLOBE NEWSWIRE) -- Casein and Caseinates-Free Market Overview. 78 million in 2022. 9 million in the current year and is expected to register a CAGR of 3. Dairy ingredients have been widely used in the food industry due to their functional and nutritional properties. The Global Casein and Caseinates Market is expected to grow at around 4. Casein is the major protein in cows’ milk, and comprises about 80 % of the total protein content of which the rest, some 20 %, are the whey or serum proteins. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 70% between 2023 and 2028, reaching a value of nearly USD 245. 0% to 89. The global Casein And Caseinates market size was valued at USD 3185. High-protein dairy powders. 1 Global Sodium Caseinates Market Share and Revenue (USD Million) for 2018-2030; 9. The India Protein Market is expected to reach USD 1. , Ltd. In 2022, the market is growing at a steady rate and with. 4 Billion in 2022. S. The forecast exhibits the market prospects through. Uruguay - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights. Besides, the growing popularity of on-the-go. What's the difference? Buy the report. Market size and forecast (2020-2030) has been provided in the report. 34 billion in 2023 and grow at a CAGR of 5. The global Casein And Caseinates market size was valued at USD 2946. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Casein and Caseinates Free Market Research Report Information By Source (Soy, Almond, Coconut, Cashew, Others), By Nature(Organic and Regular), By Flavor(Flavored and Plain/Unflavored) By Consumer. Single report. The casein peptone market has been registering high demand from the expanding pharmaceutical industry. 43% during the forecast period (2023. 2. 91% during the forecast period, reaching USD 5315. As a consequence, casein appears frequently in statistics in place of caseinates. Single report. The forecast exhibits the market prospects through. 32 billion. Casein is a slow-digesting protein that provides a sustained release of amino acids, making it ideal for muscle growth and recovery. 7 billion in 2020, driven by the increasing health consciousness among the mass population. The global Casein And Caseinates market size was valued at USD 3185. . Among all of them, Asia-Pacific is expected to be the. In view of these trends, a recent research analysis has projected around 4. In the cheese-making process, casein is precipitated by the action of rennet enzymes, and a coagulum is formed consisting of. According to the latest report by IMARC Group, titled “Casein and Caseinates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global casein and caseinates market size reached US$ 3. In 2022, Poland (X tons) constituted the largest supplier of casein and caseinates to Slovenia, accounting for a 67% share of total imports. The United States Casein And Caseinate Market size is estimated at 282. 4 Billion in 2022.