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Microbiology Testing Market Worth $21.4 billion by 2030
Microbiology Testing Market by Product (PCR, Mass Spectrometer, HPLC, Stainer, Incubator, Microscopes, Kits, Reagents), Microorganism (Bacteria, Fungi, Virus), Application (Pharmaceutical, F&B, Environment, Cosmetic), End User – Global Forecast to 2030
The Microbiology Testing Market is projected to reach $21.4 billion by 2030, at a CAGR of 5.9% during 2024–2030. The growth of this market is driven by the increasing burden of infectious diseases and outbreaks of epidemics, stringent regulations for microbial contamination in pharmaceutical and food & beverage manufacturing, technological advancements in microbiology testing, and the increasing private-public funding for research on infectious diseases.
Food Enzymes Market to Reach $3.66 Billion by 2030
Food Enzymes Market by Type (Carbohydrases [Amylases, Cellulases], Proteases, Lipases), Form (Solid, Liquid), Source (Microorganisms, Plants, Animals), Application (Bakery, Dairy, Beverages, Grain & Oilseed Processing) – Global Forecast to 2030
The Food Enzymes Market Is Slated to Register a CAGR of 7.3% from 2023–2030 to Reach $3.66 Billion by 2030. The popularity of food enzymes is rising as they help improve the safety and quality of foods and the efficiency of food manufacturing processes. The food enzymes market is driven by the growing demand for fermented foods and beverages, nutraceuticals, and fortified foods, coupled with technological innovations in the enzymatic food processing industry. However, stringent regulations and the restrictive temperatures and pH levels of enzymes are expected to restrain the growth of this market.
Electric Vehicle Adhesives Market to Reach $14.29 Billion by 2030
Electric Vehicle Adhesives Market by Vehicle Type (Electric Trucks, Electric Buses, Electric Bikes, Electric Cars), Resin (Epoxy, Silicon, Polyurethane, Acrylics, Others), Application, Form, Substrate, End Use and Geography – Global Forecast to 2030
The Electric Vehicle Adhesives Market is projected to reach $14.29 billion by 2030, at a CAGR of 56% from 2024 to 2030. The growth of the electric vehicle adhesives market is attributed to the growing demand for EVs, the increasing demand for efficient and advanced bonding solutions in EVs, and the increasing adoption of adhesives in EVs for battery assembly. Also, the increasing demand for sustainable and eco-friendly adhesives solutions and the adoption of autonomous electric vehicles are expected to offer significant growth opportunities for players in the electric vehicle adhesives. However, the availability of mechanical fasteners may hinder the growth of this market.
IVD Reagents Market to be Worth $79.76 Billion by 2031
IVD Reagents Market Size, Share, Forecast, & Trends Analysis by Type (Antibodies, Proteins, Oligonucleotides, Nucleic Acid Probes) Technology (Immunoassay, Biochemistry, Microbiology, Hematology) Use (Clinical, RUO) End User – Global Forecast to 2031
The IVD Reagents Market is expected to reach $79.76 billion by 2031, at a CAGR of 5.3% from 2024 to 2031. The growth of the IVD reagents market can be attributed to several factors, including the increasing prevalence of infectious diseases, increasing funding for research activities, the rising adoption of advanced diagnostic technologies, the growth in proteomics & genomics research studies, and the growing number of clinical laboratories offering advanced diagnostic testing menus. Moreover, emerging economies and the growing demand for protein therapeutics & personalized medicines are expected to offer growth opportunities for the players operating in this market.
U.S. Water and Wastewater Treatment Technologies Market Worth $24.63 Billion by 2029
U.S. Water and Wastewater Treatment Technologies Market by Treatment Technologies Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge, Clarification) and Application – Forecasts to 2029
The U.S. Water and Wastewater Treatment Technologies Market is expected to reach a value of $24.63 billion by 2029, at a CAGR of 5% during the forecast period 2022–2029. The growth of the U.S. water and wastewater treatment technologies market is attributed to stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases.
Biological Wastewater Treatment Market Worth $16.1 Billion by 2030
Biological Wastewater Treatment Market by Process (Aerobic Wastewater Treatment, Anaerobic Wastewater Treatment, and Anoxic Treatment), End User (Municipal, Industrial [Food & Beverage, Pulp & Paper]), and Geography – Global Forecast to 2030
The Biological Wastewater Treatment Market is expected to reach $16.1 billion by 2030, at a CAGR of 5.6% during the forecast period of 2024–2030. The rapidly diminishing freshwater resources, the stringent regulations for wastewater management, and a surge in industrial water consumption and discharge are the major factors driving the growth of this market.
Farm Management Software Market to be Worth $10.5 Billion by 2030
Farm Management Software Market by Offerings (Software, Services), Application (Precision Farming, Aquaculture, Livestock Monitoring, Smart Greenhouse), Farm Size, End User, and Geography – Global Forecast to 2030
The Farm Management Software Market to reach $10.5 billion by 2030, at a CAGR of 25.4% from 2024 to 2030. The growth of this market is attributed to the increasing adoption of connectivity in agriculture, increasing adoption of farm management for improving yields, environmental factors such as climate change and water shortage driving the adoption of farm management software, and government initiatives to drive the adoption of farm management software driving market growth. In addition, the adoption of new business models by agritech companies, making farm management software affordable for farmers, and the emerging need for AI in agriculture are expected to offer significant opportunities for the growth of this market.
Food Processing Equipment Market to be Worth $103.82 Billion by 2031
Food Processing Equipment Market Size, Share, Forecast, & Trends Analysis by Type (Meat, Poultry, and Seafood, Beverage, Bakery, Dairy, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic)- Global Forecast to 2031
The Food Processing Equipment Market is expected to reach $103.82 billion by 2031, at a CAGR of 5.6% from 2024 to 2031. The growth of the food processing equipment market is driven by increasing demand for processed foods, a growing focus on food and worker safety, a growing need to increase productivity, food manufacturers’ increasing focus on reducing production costs, and government support to promote the food processing industry. However, the high cost of equipment and the consumers’ increasing inclination towards minimally processed food products restrain the growth of this market.
Algae Products Market for Cosmetics to Reach $1.10 Billion by 2031
Algae Products Market for Cosmetics by Type (Hydrocolloids, Lipids, Carotenoids), Source (Seaweed, Microalgae {Chlorella, Spirulina}), Form (Dry, Liquid), Application (Skin Care {Moisturizers}, Hair Care Products), and Geography – Global Forecast to 2031
The Algae Products Market for Cosmetics is projected to reach $1.10 billion by 2031, at a CAGR of 9.6% during the forecast period 2024–2031. In terms of volume, the algae products market for cosmetics is projected to reach 86,911.6 tons by 2031, at a CAGR of 11.2% during the forecast period 2024–2031. The growth of the algae products market for cosmetics is driven by the growing cosmetics industry, increasing consumer preference for cruelty-free and vegan cosmetics, and rising awareness regarding the health benefits of organic cosmetic products. However, the complexities in algae production and the lack of R&D activities in underdeveloped countries restrain the growth of this market.
South East Asia Molecular Diagnostics Market to be Worth $891.87 Million by 2031
South East Asia Molecular Diagnostics Market by Offering (Reagents, Kits, Systems, Software), Test Type (Lab, PoC), Technology (PCR, ISH, INAAT, Sequencing, Microarray), Application (HIV, Influenza, HPV, Oncology, Gene Testing), End User – Forecast to 2031
The South East Asia Molecular Diagnostics Market is expected to reach $891.87 million by 2031, at a CAGR of 7.8% during the forecast period 2024-2031. The growth of the South East Asia molecular diagnostics market is driven by several factors, including the rising geriatric population, increasing prevalence of communicable & non-communicable diseases, technological advancements in molecular diagnostics, and rising healthcare expenditure. Factors such as emerging medical tourism in South East Asian countries and increasing focus on companion diagnostics are a few of the opportunities that would help grow the market in the future. A shortage of skilled professionals could be considered a challenge for the South East Asia molecular diagnostics market. Moreover, the lack of harmonization of the medical device regulations across South East Asian countries and the high costs of molecular diagnostics tests restrain the growth of the market.