What is the global lab-grown diamonds market size?

New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Market Size & Overview: The global Lab Grown Diamonds market is projected to grow at a CAGR of 9.6%, reaching US$45.10 Bn by 2030 from US$23.74 Bn in 2023. Lab-grown diamonds, created through advanced technological processes, mimic the physical and chemical attributes of mined diamonds.

Should you buy lab-grown diamond stock?

However, those wanting to capture a larger share of the pie could opt to buy lab-grown diamond stock. Enrico Caschetta is a finance and fintech writer on a mission to promote financial literacy by simplifying complex concepts. He specializes in topics such as Fintech, Personal Finance, Stock Reviews, Crypto, and Trading Psychology.

Who makes lab-grown diamonds?

Known as the Original Lab-Grown Diamond Company, Adamas is recognized as a leader in the industry. The Company holds 36 patents on the production of lab-grown diamonds, including a proprietary development method of production. JEWL produces both jewelry and industrial-quality diamonds.