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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 was valued at $12.62 billion in 2023. This market is expected to reach $24.8 billion by 2031, from an estimated $13.71 billion in 2024, 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 was valued at $59.99 billion in 2023. This market is expected to reach $100.1 billion by 2031, from an estimated $63.62 billion in 2024, 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.
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.
Liquid Cooling Data Center Market to be Worth $15.9 Billion by 2031
Liquid Cooling Data Center Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions and Services), Cooling Method (Direct-to-chip, Rack-level, Immersion Cooling), Data Center Size, and End User (Network Providers, Cloud Providers, and Enterprises) – Global Forecast to 2031
The Liquid Cooling Data Center Market is expected to reach $15.9 Billion by 2031, at a CAGR of 23.6% from 2024 to 2031. The growth of the liquid cooling data center market is driven by the Increasing need for efficient & secure data storage solutions, growing demand for outsourced IT infrastructure, and increasing integration of cloud computing technology. Furthermore, rising demand for green data center initiatives and rapid advancement of emerging technologies are expected to offer significant growth opportunities for players operating in the liquid cooling data center market.
Monoclonal Antibodies Market to be Worth $449.8 Billion by 2031
Monoclonal Antibodies Market Size, Share, Forecast, & Trends Analysis by Type (Therapeutic, Research, Diagnostic) Application (Oncology, Immunology, Cardiology, Neurology), Source (Humanized, Murine, Human), Production, End User – Global Forecast to 2031
The Monoclonal Antibodies Market is projected to reach $449.8 billion by 2031 at a CAGR of 11.2% from 2024 to 2031. The growth of this market is driven by the high burden of cancer and autoimmune diseases globally, increasing funding for clinical trials and research, growth in the biopharmaceutical industry, rising prevalence of infectious diseases, and increasing research in proteomics and genomics.
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
The Frozen Dough Market was valued at $22.9 billion in 2023. This market is expected to reach $37.8 billion by 2031 from an estimated $24.2 billion in 2024, at a CAGR of 6.6% during the forecast period from 2024 to 2031. This market's growth can be attributed to multiple factors, such as increasing urbanization and a shift toward convenience foods, the rising global consumption of bakery products, and the growing demand for ready-to-bake and ready-to-eat options. However, challenges such as inadequate storage systems and perceptions of lower quality compared to freshly baked goods are hindering market growth.
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.
Injection Molding Market to be Worth $426.4 Billion by 2031
Injection Molding Market Size, Share, Forecast, & Trends Analysis by Material (Plastic, Metal), Technology, (Structural Foam Molding, Liquid Silicone Injection Molding), Application, Sector (Packaging, Electronics, and Healthcare), and Geography – Global Forecast to 2031
The Injection Molding Market is expected to reach $426.4 billion by 2031, at a CAGR of 3.9% from 2024 to 2031. The growth of the injection molding market is primarily driven by the high demand for injection-molded packaging products, increasing usage in the automotive sector, and rising demand from the consumer electronics industry. Moreover, the increasing demand for injection-molded products in healthcare is expected to generate growth opportunities for the players operating in this market.
Solid State Cooling Market to be Worth $1.5 Billion by 2031
Solid State Cooling Market Size, Share, Forecast, & Trends Analysis by Type (Single, Multi, Thermocycler), Product (Refrigeration, Cooling), Technology (Thermoelectric, Electrocaloric), Application, and End-use Industry – Global Forecast to 2031
The Solid State Cooling Market is expected to reach $1.5 billion by 2031, at a CAGR of 9.8% from 2024 to 2031. The growth of this market can be attributed to several factors, including the increasing demand for high energy-efficient cooling systems, the rising adoption of consumer electronics, and the growing use of solid-state cooling systems in medical devices & healthcare applications. Additionally, the increasing utilization of data centers and integration of solid state cooling systems with renewable energy sources is expected to create market growth opportunities. The initial high cost associated with setting up solid state cooling systems may restrain the growth of this market. However, the availability of high-performance and cost-effective materials for solid state cooling presents a significant challenge for market players.