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Harshal J

Harshal J

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Animal Protein Market to be Worth $42.63 Billion by 2031

https://finebookmarks.com/story/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% 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.

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FPGA Market to be Worth $20.3 Billion by 2031

https://finebookmarks.com/story/fpga-market-to-be-worth-20-3-billion-by-2031/

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.

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Intelligent Document Processing Market to be Worth $9.18 Billion by 2031

https://finebookmarks.com/story/intelligent-document-processing-market-to-be-worth-9-18-billion-by-2031-4/

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.

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Commercial Drones Market to be Worth $9.8 Billion by 2031

https://finebookmarks.com/story/commercial-drones-market-to-be-worth-9-8-billion-by-2031-4/

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.