Harshal J Profile

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% from 2024 to 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.

Additionally, the increasing health and wellness and sustainable and ethical sourcing are major trends in the global animal protein market.

However, the growing demand for alternative proteins and rising milk allergies and lactose intolerance are expected to hinder the marker growth to a certain extent. Furthermore, the increasing consumer awareness about the benefits of vegan diet poses a challenge to market expansion.

FPGA Market Size, Share, Forecast, & Trends Analysis by Programming Technology (SRAM, Flash, Anti-fuse), Configuration (Low-end, Mid-range, High-end), Node Size, Sector (Telecommunication, Consumer Electronics, Data Center, Aerospace & Defense), and Geography – Global Forecast to 2031

The FPGA Market is expected to reach $20.3 billion by 2031, at a CAGR of 9.9% from 2024 to 2031. The growth of the FPGA market is driven by the increasing adoption of FPGA in the aerospace & defense sector, the increasing adoption of AI technology, and the proliferation of data centers globally.

Furthermore, the integration of FPGA in cloud computing and infrastructure-as-a-service (IaaS) and the increasing integration of FPGA in consumer electronics are expected to create growth opportunities for the stakeholders in this market.

Intelligent Document Processing Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premise), Technology (ML, Computer Vision, NLP, RPA, OCR), End Users (BFSI, Government & Public Sector, & Others), & Geography – Global Forecast to 2031

The Intelligent Document Processing Market is projected to reach $9.18 billion by 2031, at a CAGR of 25.8% during the forecast period of 2024–2031. The growth of this market is driven by the rising inclination of enterprises towards digital transformation and the integration of AI for document processing. In addition, the increasing adoption of cloud-based solutions, increasing human-in-the-loop approach in intelligent document processing, and growing use of intelligent document processing for real-time applications are expected to offer significant growth opportunities for the stakeholders in the intelligent document processing market.

Commercial Drones Market by Type (Single-rotor, Multi-rotor, Fixed-wing, Fixed-wing Hybrid VTOL), Payload (Up to 2kg, 2kg to 10kg, 10kg to 25kg, More than 25kg), Application, End-use Industry, and Geography – Global Forecast to 2031

The Commercial Drones Market is projected to reach $9.8 billion by 2031, at a CAGR of 17.2% from 2024 to 2031. The growth of the commercial drones market is driven by the rising trend of using commercial drones for capturing high-quality images and videos, the integration of Artificial Intelligence (AI) & Machine Learning (ML) into drones, and the increasing popularity of on-demand deliveries. However, drones’ limited battery life and flight duration and the lack of qualified personnel required to operate and maintain drones restrain the growth of this market.

The increasing demand for BVLOS (Beyond Visual Line Of Sight) drones among enterprise customers is expected to generate significant growth opportunities for the players operating in the commercial drones market.

However, unclear regulatory frameworks for drone adoption and operation are a major challenge impacting market growth.

Antimicrobial Coatings Market by Product (Silver, Copper, Aluminum, Organic, Polymer), Form (Liquid [Solvent, Water Borne], Powder, Aerosol, Gel), Industry (Construction, Food, Medical, Pharmaceutical, Automotive, Machinery) – Global Forecast to 2031

The Antimicrobial Coatings Market is projected to reach $12.41 billion by 2031, at a CAGR of 10.8% from 2024 to 2031. The antimicrobial coatings help to keep surfaces pathogen-free by obstructing the growth of fungi, bacteria, and other parasites. Antimicrobial coatings provide long-lasting protection against these pathogens and help to keep hygiene in the environment. Moreover, antimicrobial coatings are used as sterilizers on medical devices such as catheters, urological tools, and medical electronics to reduce healthcare-associated infections. Furthermore, the growing adoption of antimicrobial coatings by various end users, such as food and beverage industries, material manufacturers, and aerospace industries, contributes to the market’s growth.

The growth of this market is driven by rising applications of antimicrobial coatings to reduce healthcare-associated infections, the increase in contaminated food recalls in North America and Europe, initiatives and funding for advancements in antimicrobial coatings, and rising demand for antimicrobial coatings in the food & beverage industry. Additionally, emerging economies, the introduction of antimicrobial coatings in the retail food marketplace, and rising space programs across the world are expected to offer significant market growth opportunities.

However, the stringent regulations related to Volatile Organic Compounds (VOCs) content and rising prices of raw materials restrain the growth of this market. Additionally, the development of antimicrobial resistance in microbes and the high cost of antimicrobial coatings pose a significant challenge to the market's growth.

Smart Waste Management Market by Offering (Solutions, Services), Function (Smart Collection, Processing, Disposal), Application (Residential & Municipality, Industrial, Commercial, Construction & Demolition), and Geography – Global Forecast to 2031

The Smart Waste Management Market to reach $12.6 billion by 2031 at a CAGR of 17.3% during 2024–2031. The growth of the smart waste management market is driven by the growing adoption of smart bins, the rising integration of IoT, and the increasing concern over the environmental impact of waste management. However, the high cost of connected network infrastructure in developing nations restrain the growth of this market. Moreover, the growing adoption of smart city initiatives across the globe and the use of technological advancements in waste management devices are expected to generate market growth opportunities. However, the non-uniform waste distribution in bins is a major challenge for market stakeholders. Additionally, the growing adoption of data analytics and machine learning in waste management are prominent trends in this market.

Protein Assays Market by Type (Dye-based, Copper-based) Technology (Fluorescence, Absorbance, Colorimetric) Offering (Reagent, Kit, Instrument) Application (R&D, Drug Discovery, Diagnostics) End User (Pharmaceutical, Hospital) – Global Forecast to 2031

The Protein Assays Market is projected to reach $4.36 billion by 2031 at a CAGR of 9.3% from 2024 to 2031. Protein assays are used for the measurement of protein in samples or biological fluids with the use of detergents, dyes, or reagents. The purpose of the assay is protein quantification—that is, to determine the concentration or amount of an array of proteins or specific proteins. There are different types of protein assays on the basis of their sensitivity and specificity, including Bradford Protein Assay, Bicinchoninic Acid (BCA) Assay, Lowry Protein Assay, and others. Protein assays vary in their chemical basis for detecting protein-specific functional groups. Some assay methods detect peptide bonds, but no assay does this exclusively.

The growth of this market can be attributed to various factors, such as the increasing pharmaceutical R&D expenditures, rising use of protein assays in drug discovery & development, growth in the food & beverage industry, and rising use of protein assays in clinical diagnostics tests. However, the high cost of protein assay equipment restrains market growth.

Furthermore, increasing focus on proteomics research and the use of protein assays in personalized medicine is expected to offer market growth opportunities. However, the shortage of skilled professionals and high chances of error with complex samples are major challenges for the market’s growth.

Natural Food Colors Market by Type (Carotenoids {Beta Carotene, Lycopene}, Anthocyanins, Betanin, Carmine), Source (Plants, Animal), Form (Liquid), Solubility (Water, Oil), Application (Processed Food Products, Beverages), and Geography–Global Forecast to 2031

The Natural Food Colors Market is projected to reach $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period of 2024–2031. In terms of volume, the global natural food colors market is projected to reach 194,987.6 tons by 2031, at a CAGR of 5.3% during the forecast period of 2024–2031. The growth of this market is driven by the growing demand for organic foods, increasing awareness of clean-label products, the growing need to enhance product appeal, increasing R&D activities in the food industry, and the emergence of microencapsulation technology for food colors. In addition, the increasing interest in new raw material sources, the growing demand for plant-based food, and emerging economies are expected to provide significant opportunities for stakeholders operating in the global natural food colors market.

Protein Assays Market by Type (Dye-based, Copper-based) Technology (Fluorescence, Absorbance, Colorimetric) Offering (Reagent, Kit, Instrument) Application (R&D, Drug Discovery, Diagnostics) End User (Pharmaceutical, Hospital) – Global Forecast to 2031

The Protein Assays Market is projected to reach $4.36 billion by 2031 at a CAGR of 9.3% from 2024 to 2031. Protein assays are used for the measurement of protein in samples or biological fluids with the use of detergents, dyes, or reagents. The purpose of the assay is protein quantification—that is, to determine the concentration or amount of an array of proteins or specific proteins. There are different types of protein assays on the basis of their sensitivity and specificity, including Bradford Protein Assay, Bicinchoninic Acid (BCA) Assay, Lowry Protein Assay, and others. Protein assays vary in their chemical basis for detecting protein-specific functional groups. Some assay methods detect peptide bonds, but no assay does this exclusively.

The growth of this market can be attributed to various factors, such as the increasing pharmaceutical R&D expenditures, rising use of protein assays in drug discovery & development, growth in the food & beverage industry, and rising use of protein assays in clinical diagnostics tests. However, the high cost of protein assay equipment restrains market growth.

Furthermore, increasing focus on proteomics research and the use of protein assays in personalized medicine is expected to offer market growth opportunities. However, the shortage of skilled professionals and high chances of error with complex samples are major challenges for the market’s growth.

Single-use Bioreactors Market by Product [Systems, Media Bags (2D, 3D), Filtration Assemblies], Type [Stirred-tank, Wave-induced], Cell [Mammalian, Bacterial, Yeast], Application [Commercial (Mab, Vaccine), Research], End User – Global Forecast to 2030

The Single-use Bioreactors Market is projected to reach $10.3 billion by 2030, at a CAGR of 15.8% from 2023 to 2030. Single-use bioreactors, also called disposable bioreactors, are made of disposable bags instead of a culture vessel. These bioreactors eliminate the need for expensive and bulky clean-in-place (CIP) or steam-in-place (SIP) systems and offer flexibility and a low risk of contamination, contributing to their adoption by pharma & biotech companies. These companies are focusing on organic & inorganic strategies like expanding manufacturing capacity or acquisitions to increase their bioproduction, increasing the adoption of biopharma equipment, including bioreactors.

For instance, in December 2022, Thermo Fisher Scientific Inc. (U.S.) expanded its presence in Hangzhou, China, to support customers' manufacturing needs, enabling them to serve more patients worldwide. This site offers integrated clinical and commercial drug substance and drug product capabilities, including process development, cell line development, biologics drug substance manufacturing and sterile fill-finish. This includes the use of packaging and labeling capabilities. Advanced technologies in the facility include Thermo Fisher 2,000-liter HyPerforma Single-Use Bioreactors and associated Single-Use equipment and, in the future, bioreactor capacity up to 5,000 liters through Thermo Scientific DynaDrive technology.

In March 2021, Pall Corporation (U.S.), a subsidiary of Danaher Corporation (U.S.), acquired Pall-Austar Lifesciences Limited (Hong Kong) (a joint Venture between Pall and Austar Group). This acquisition is intended to expand the single-use technology manufacturing capabilities of the company in China for products supporting the scale-up of COVID-19 vaccines.

The rapid adoption of disposable technology in the pharmaceutical and biotechnology industry, growing demand for biopharmaceuticals, and capacity expansion of biopharmaceutical plants are some of the major factors driving the growth of the single-use bioreactors market.