Harshal J Profile

Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) – Global Forecasts to 2029

The Sugar-free Products Market is Expected to reach $65.31 Billion by 2029 at a CAGR of 6.2% from 2022 to 2029. The growth of this market is driven by factors such as the rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks. However, the higher prices of sugar-free products restrain the growth of this market.

Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, and Software as a Service), Deployment Mode, Organization Size, End User (BFSI, Retail, and Healthcare), and Geography – Global Forecast to 2030

Cloud Computing Market is projected to reach $1,402.7 billion by 2030, at a CAGR of 16.8% from 2023 to 2030. The growth of this market is driven by the increase in adoption of cloud computing services, personalized customer experience, rising demand for AI, and increasing adoption of technologies such as ML and IoT. However, data security & privacy concerns may restrain the market’s growth. The rising government initiatives and consistently rising adoption of cloud computing solutions among businesses are expected to offer significant growth opportunities for the cloud computing market. Furthermore, complexities related to the adoption of the multi-cloud model are expected to pose challenges to the growth of the cloud computing market. The latest trends in the global cloud computing market are cloud gaming and serverless computing.

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 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 2023 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.

In Vitro Diagnostic Reagents Market by Type (Antibodies, Proteins, Oligonucleotides, Nucleic Acid Probes) Technology (Immunoassay, Biochemistry, Molecular Diagnostic, Microbiology, Hematology) Use (Clinical, RUO) End User – Global Forecast to 2030

The In Vitro Diagnostic Reagents Market is projected to reach $75.67 billion by 2030, at a CAGR of 5.4% from 2023 to 2030. IVD reagents are utilized in laboratory tests to identify the absence or presence of a certain condition in biological samples such as urine, blood, and other bodily fluids. IVD reagents include antibodies, oligonucleotides, nucleic acid probes, and other biomolecules specifically developed to interact with a specific biomarker or target molecule linked to a condition or disease. IVD reagents are used in various diagnostic procedures, including immunoassay/immunochemistry, molecular diagnostics, microbiology tests, and others, to diagnose infectious and chronic disorders.

The growth of this market is driven by the increasing prevalence of infectious diseases, increasing funding for research activities, the rising adoption of advanced diagnostic technologies, the growth in proteomics and genomics research studies, and the growing number of clinical laboratories offering advanced diagnostic testing menus. Additionally, emerging economies and the growing demand for protein therapeutics and personalized medicines are expected to offer significant market growth opportunities.

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.

Furthermore, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for the vendors operating in the U.S. water and wastewater treatment technologies market. However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a notable extent. In addition, the aging and deterioration of existing water infrastructure are the challenges for the growth of the U.S. water and wastewater treatment technologies market.

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 2023–2030. 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. In addition, the growing demand for energy-efficient & advanced water treatment technologies, the rapidly growing population, urbanization, and industrialization, the depletion of potable water, and the increasing prevalence of water-borne diseases are expected to offer significant opportunities for the growth of this market.

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 2023 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 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. In terms of volume, Food Processing Equipment is expected to reach 2.96 million units, at a CAGR of 3.1% 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.

Protective Packaging Market Size, Share, Forecast, & Trends Analysis by Product (Flexible Protective Packaging, Protective Foam Packaging), Material (Foam Plastic, Paper & Paperboard), Sector (Food & Beverage, Retail & E-commerce), and Geography – Global Forecast to 2031

The Protective Packaging Market is expected to reach $54.7 billion by 2031, at a CAGR of 5.9% from 2024 to 2031. The growth of the protective packaging market is primarily driven by the rapid growth of the e-commerce sector and the surging use of protective packaging in the food & beverage sector. Moreover, the growing demand for eco-friendly & customized packaging solutions and the rising adoption of protective packaging in the pharmaceutical sector are expected to generate growth opportunities for the players operating in this market.