Harshal J Profile
Story Submitted
Animal Protein Market to be Worth $42.63 Billion by 2031
Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein {Milk, Whey Protein}, Egg Protein), Form (Liquid), Application (Food & Beverage {Bakery and Confectionery, Dairy}, Animal Feed, Pharmaceuticals) – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the global animal protein market is projected to reach $42.63 billion by 2031, at a CAGR of 4.5% during the forecast period 2024–2031. The growth of this market is being propelled by factors such as the rising consumer awareness towards nutritional food, increasing demand for health supplements, rising population and urbanization, and rising need for protein-rich diets. Moreover, the growing emerging economies and technological development in the dairy industry are expected to offer growth opportunities for the players operating in this market. Additionally, increasing health and wellness and sustainable and ethical sourcing are major trends in the global animal protein market.
Fleet Management Solutions Market to be Worth $84.3 Billion by 2031
Fleet Management Solutions Market Size, Share, Forecast, & Trends Analysis by Type (Route Optimization, Asset Tracking & Management, Others), Fleet Type (MCVs, HCVs, Others), End User (Transportation & Logistics, Utilities, Others) & Geography – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the fleet management solutions market is projected to reach $84.3 billion by 2031, at a CAGR of 17.4% from 2024 to 2031. The growth of the fleet management solutions market is driven by the increased use of remote fleet management technologies and the growing adoption of fleet management solutions for fuel management. However, data privacy & security concerns is a factor restraining the growth of this market.
Bioreactors Market to be Worth $39.96 Billion by 2031
Bioreactors Market Size, Share, Forecast, & Trends Analysis by Type (Continuous Stirred Tank, Photobioreactor), Bioprocess (Batch, Continuous), Usability (Reusable, Single-use), Scale (Pilot, Industrial), Cell Type, Application, User – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the bioreactors market is projected to reach $39.96 billion by 2031, at a CAGR of 10.1% from 2024 to 2031. The growth of the bioreactors market is driven by several factors, including the capacity expansion of biopharmaceutical plants, the growing pharmaceutical market, rising pharmaceutical R&D expenditures, rising adoption of biosimilars, and growing adoption of single-use technologies in the pharmaceutical and biotechnology industries. Factors such as technological advancements in bioreactor technologies and rising adoption of personalized medicines and cell & gene therapies are opportunities for market growth. Risk of extractables and leachable (E&L) in biomanufacturing processes using single-use bioreactors, process scale-up limitations, the need to standardize single-use bioreactor designs, and environmental concerns related to the disposal of single-use bioreactors challenge the market growth. However, the complex development and manufacturing process of biopharmaceuticals and intensive capital requirements for biopharmaceutical production restrain the growth of the market.
Identity Verification Market to be Worth $30.6 Billion by 2031
Identity Verification Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions, Services), Deployment Mode, Organization Size, Application (KYC, KYB), Sector (BFSI, Retail & E-commerce, Healthcare, Government, Education), and Geography – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the global identity verification market is projected to reach $30.6 billion by 2031, at a CAGR of 14.7% from 2024–2031. The growth of the identity verification market is driven by the rising incidence of identity fraud and cybercrime and the increasing adoption of identity verification solutions in the BFSI sector. However, concerns regarding privacy & data breaches restrain the market’s growth.
Probiotics Market to be Worth $100.10 Billion by 2031
Probiotics Market Size, Share, Forecast, & Trends Analysis by Strain (Bacillus), Product Type (Dairy {Yogurt}, Baked Food}, Animal Feed), Form (Liquid), Sales Channel (Super Markets), End User (Human {Adults, Senior}, Animal) – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the probiotics market is projected to reach $100.10 billion by 2031, at a CAGR of 6.7% from 2024–2031. The growth of the probiotics market is driven by the rising consumer awareness about the health benefits of probiotic-infused foods, the increasing use of probiotics as an alternative to antibiotics, and ongoing research advancements in probiotics. However, stringent regulatory frameworks pertaining to probiotics may restrain market growth. Furthermore, the utilization of probiotics in infant nutrition is expected to create market growth opportunities. Additionally, the rise of e-commerce is a prominent trend in this market.
Absorbent Pads Market to be Worth $5.7 Billion by 2031
Absorbent Pads Market by Material (Plastic, Fiber, Paper), Type (Universal Absorbent, Oil Absorbent, Hazmat Absorbent), Absorbency Weight, End-use Industry (Healthcare, Food & Beverages, Chemical), and Geography – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the absorbent pads market is projected to reach $5.7 billion by 2031, at a CAGR of 5.3% from 2024–2031. The growth of the absorbent pads market is driven by the rising demand for absorbent pads in the food sector and the growing environmental concern and regulations regarding oil and chemical spills in industries. However, the limited disposal option for used absorbent pads restrains the growth of this market. Furthermore, the proliferation of absorbent pads in the healthcare sector is expected to generate growth opportunities for the players operating in this market. However, the fluctuating raw material prices are a major challenge impacting market growth. Additionally, the surging demand for superabsorbent polymer pads is a prominent trend in this market.
Essential Oils Market to be Worth $24.80 Billion by 2031
Essential Oils Market Size, Share, Forecast, & Trends Analysis by Source (Citrus {Orange}, Lavender, Tea Tree), Type (Organic), Extraction Method, Application (Food & Beverage, Aromatherapy), Distribution Channel (Direct Selling) – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the essential oils market is projected to reach $24.80 billion by 2031, at a CAGR of 8.8% during the forecast period 2024–2031. The growth of this market is driven by factors such as the increasing consumer preference for natural and organic products, the growing demand for essential oils from the aromatherapy industry, the rising awareness about the health benefits of essential oils, and the increasing concerns regarding the use of synthetic ingredients. However, the limited availability of raw materials and potential side effects or allergic reactions associated with certain essential oils may restrain market growth.
Ocular Implants Market to be Worth $23.43 Billion by 2031
Ocular Implants Market Size, Share, Forecast, & Trends Analysis by Type (Scleral, Stock, Orbital, Intraocular, Retinal, Corneal) Material (Silicon, Hydroxyapatite) Application (Prosthesis, Ocuplasty, Glaucoma Surgery) End User – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the ocular implant market is projected to reach $23.43 billion by 2031 at a CAGR of 6.1% from 2024 to 2031. The growth of the ocular implants market is driven by the rising geriatric population coupled with the high prevalence of eye diseases, the rise in adoption of minimally invasive surgeries, increasing healthcare expenditure, technological advancements in ocular implants, and increasing accident cases, raising the need for ocular implants. However, the risk of post-surgery infection and inflammation, lack of skilled ophthalmic surgeons, strict regulations, and approval process restrain the growth of this market.
Nurse Call Systems Market to be Worth $4.96 Billion by 2031
Nurse Call Systems Market Size, Share, Forecast, & Trends Analysis by Type (Button System, Mobile Call, Intercom, Software) Technology (Wired, Wireless, Hybrid) Application (Fall detection, Location Tracking, Emergency Alarm) End User – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the nurse call systems market is projected to reach $4.96 billion by 2031, at a CAGR of 11.5% from 2024 to 2031.The growth of this market is driven by the increasing demand for digital healthcare solutions among the aging population, a rising focus on patient safety, rising healthcare expenditures along with out-of-pocket costs, technological advancements in nurse call systems, increasing healthcare spending by governments, and the proliferation of hospitals globally. However, stringent regulations and international standards for nurse call systems may restrain market growth.
Frozen Dough Market to be Worth $37.8 Billion by 2031
Frozen Dough Market Size, Share, Forecast, & Trends Analysis by Product (Breads, Pizza Crusts, Rolls & Pastries, Cookies & Biscuits, Bagels), Distribution Channel (B2B [Food Services, Food Manufacturers], B2C [Offline, Online]) – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the frozen dough market is projected to reach $37.8 billion by 2031, at a CAGR of 6.6% during the forecast period 2024–2031. This market’s growth is driven by rapid urbanization, a growing preference for convenience foods, a rise in global bakery product consumption, and a heightened demand for ready-to-bake and ready-to-eat foods. However, the perception of frozen dough items as inferior to freshly baked goods and the scarcity of storage systems are restraining market growth. Additionally, the rising demand for gluten-free and allergen-free options, coupled with emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa, presents substantial growth opportunities for market stakeholders. Conversely, the lack of cold-chain infrastructure in developing countries presents a major challenge to market growth.