Harshal J Profile
Story Submitted
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
The Identity Verification Market is expected to reach $30.6 billion by 2031, at a CAGR of 14.7% from 2024 to 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.
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
The Fleet Management Solutions Market is expected 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 technology and the growing adoption of fleet management solutions for fuel management. However, data privacy & security concerns are a factor restraining the growth of this market.
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
The Animal Protein Market is expected to reach $42.63 billion by 2031, at a CAGR of 4.5% during the forecast period 2024-2031. The growth of this market can be attributed to several factors, including 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.
Rising Awareness of Clean-Label Products Fuels the Natural Food Colors Market Growth | Meticulous Blog
According to the latest publication from Meticulous Research®, the global natural food colors market is projected to reach $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period 2024–2031. Key factors driving the growth of this market include the rising demand for organic food products, increasing preference for clean-label food products, the need to boost the appeal of food & beverages, and advances in microencapsulation technology for natural colors. However, the high cost associated with natural food colors and stringent regulations pertaining to their use is expected to restrain the market’s growth.
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
The Essential Oils Market is expected to reach $24.8 billion by 2031,at a CAGR of 8.8% during the forecast period 2024-2031. The growth of this market can be attributed to several factors, including 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.
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
The Probiotics Market is expected to reach $100.1 billion by 2031, at a CAGR of 6.7% during the forecast period 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.
Flexible Electronics Market to be Worth $66.9 Billion by 2031
Flexible Electronics Market Size, Share, Forecast, & Trends Analysis by Type (Single-sided, Double-sided), Component (Surface Mount Devices, PCB), Technology (Printing Technology, PVD, CVD), Application (Consumer Electronics, Healthcare), Geography – Global Forecast to 2031
The Flexible Electronics Market is projected to reach $66.9 billion by 2031, at a CAGR of 3.9% from 2024–2031. The growth of the flexible electronics market is driven by the increasing use of flexible OLED (organic light-emitting diode) displays in consumer electronics and the growing use of flexible electronics to lower the weight and improve the design of vehicles. Furthermore, the surging adoption of flexible devices in the healthcare sector is expected to generate growth opportunities for the players operating in this market.
U.S. Motorized Pulleys Market to be Worth $249.4 Million by 2031
Global and U.S. Motorized Pulleys Market Size, Share, Forecast, & Trends Analysis by Power Output (Upto 5 hp, Others), Gear Material (Polymer, Steel, Others), Housing Material (Steel, Others), Application (Belt Conveyors, Roller Conveyors), End User (Logistics & Warehousing, Others) – Forecast to 2031
The U.S. Motorized Pulleys Market is expected to reach $249.4 million by 2031, at a CAGR of 3.5% from 2024 to 2031. The growth of the U.S. motorized pulleys market is driven by factors such as the rising adoption of industrial automation and Industry 4.0 technologies, the need to replace aging assets, and the increasing demand for effective material handling solutions.
North America Crop Protection Chemicals Market to be Worth $14.08 Billion by 2030
North America Crop Protection Chemicals Market by Type (Synthetic [Herbicides, Insecticides], Biological [Bioinsecticides, Bioherbicides]), Formulation (Liquid, Dry), Mode of Application (Seed Treatment, Soil Treatment), Crop Type – Forecast to 2030
The North America Crop Protection Chemicals Market is expected to reach $14.08 billion by 2030, at a CAGR of 4% from 2024 to 2030, while in terms of volume, the market is expected to reach 1,299,600.5 tons by 2030, at a CAGR of 3% from 2024 to 2030. The growth in organic farming & the rising demand for organic food, increasing awareness about environmental safety, rising government initiatives to promote the use of biopesticides, increasing demand for low-cost crop protection solutions, and rapidly decreasing arable land are the key factors driving the growth of the North America crop protection chemicals market. Furthermore, an increasing focus on integrated pest management and the growing adoption of biological seed treatments are expected to offer significant opportunities for the players operating in this market.
Irrigation Automation Market to be Worth $12.7 Billion by 2030
Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural) and Geography – Global Forecast to 2030
The Irrigation Automation Market is projected to reach $12.7 billion by 2030, at a CAGR of 16.6% from 2024 to 2030. The growth of this market is driven by the increasing adoption of smart agriculture technologies and the growing benefits offered by automated irrigation systems for agriculture. The increasing government support for automated farming technologies and the growing proliferation of automated irrigation systems for large-scale farming are expected to offer significant growth opportunities for the stakeholders in the irrigation automation market.