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Savory Snacks Market Worth $347.2 Billion by 2029
Savory Snacks Market by Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Meat Snacks), Flavor (Barbeque, Spice, Salty, Plain), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channels) — Global Forecasts to 2029
The Savory Snacks Market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% during the forecast period of 2022 to 2029. The growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles and hectic schedules of the working population, and expansion of the retail industry across the globe are the key factors driving the growth of the savory snacks market. Furthermore, the growing E-commerce penetration in developing countries and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the players operating in this market.
Biological Wastewater Treatment Market Worth $16.1 Billion by 2030
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.
However, the high installation, maintenance, and operating costs hinder the implementation of Biological Wastewater Treatment solutions. Furthermore, the high cost of upgrading & repairing aging water infrastructure is a major challenge to the market’s growth.
Cloud Computing Market Worth $1,402.7 Billion by 2030
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.
Population Health Management (PHM) Solutions Market Worth $75.97 Billion by 2030
Population Health Management (PHM) Solutions Market by Component (Software, Services), Mode of Delivery (On Premise, Cloud and Web), End User (Healthcare Providers, Payer [Private, Public], Hospitals, Physician Groups) – Global Forecast to 2030
The Population Health Management (PHM) Solutions Market is projected to reach $75.97 billion by 2030, at a CAGR of 10.9% from 2023 to 2030. PHM is a healthcare strategy that focuses on improving clinical health outcomes by preventing and managing disease, minimizing inconsistency in health, improving care coordination, patient engagement, and promoting well-being. PHM focuses on specific groups of people, including patients with chronic diseases or Medicare beneficiaries, to identify people at risk of developing diseases. The population health management (PHM) solutions integrate and store data related to patient health across all the health systems for analysis.
The growth of this market is driven by the increasing burden of chronic diseases coupled with the geriatric population, rising adoption of healthcare IT solutions, government focus on preventive healthcare, growing focus on building disease registries, and increasing healthcare expenses worldwide. In addition, untapped opportunities in emerging economies and the rising focus on value-based care are offering opportunities for market growth. However, patient data privacy and confidentiality issues and lack of interoperability are hindering the growth of this market to some extent.
Algae Products Market for Cosmetics Worth $305.3 Million by 2029
Algae Products Market for Cosmetics by Type (Carotenoids, Lipids, Hydrocolloids, Algal Protein), Source (Seaweed, Chlorella, Spirulina, Dunaliella Salina, Haematococcus Pluvialis), Form (Dry, Liquid), and Geography – Global Forecast to 2029
The Algae Products Market for Cosmetics is expected to reach $305.3 million by 2029, at a CAGR of 7.3% during the forecast period 2022–2029. Factors such as the rapidly growing global cosmetic industry, rising awareness about the health benefits of using organic cosmetic products, and increasing demand for vegan skincare products are driving the growth of this market. However, factors such as the lack of R&D activities in the cosmetic industry in underdeveloped countries and the complex production process of algae products are expected to restrain the growth of this market to some extent. Moreover, the rapidly growing demand for personal care & cosmetic products in emerging countries, including Asia-Pacific and Latin America, is expected to offer significant growth opportunities for players operating in this market.
Semiconductor Manufacturing Equipment Market Worth $171.6 Billion by 2030
Semiconductor Manufacturing Equipment Market by Front-end Equipment (Silicon Wafer Manufacturing, Wafer Fabrication), Back-end Equipment (Testing, Assembling & Packaging), Dimension, Component, End User, and Geography – Global Forecast to 2030
Semiconductor Manufacturing Equipment Market is expected to reach $171.6 billion by 2030, at a CAGR of 6% during the forecast period of 2023–2030. The growth of this market is mainly driven by rapid technological advancements coupled with consumers' increasing acceptance of connected devices, rising demand for semiconductors and the resultant proliferation of fabrication facilities, and increasing utilization of semiconductors in EV manufacturing. However, the growing adoption of 5g technology and increasing acceptance of autonomous vehicles is a major trend in the global semiconductor manufacturing equipment market. Supply chain disruptions caused by the COVID-19 pandemic may restrain the market to a certain extent. Moreover, the development of user-friendly and easy-to-integrate designs is a challenge for market growth. Government initiatives aimed at boosting the semiconductors industry and the growing use of connected devices in home automation are expected to offer significant opportunities for the growth of this market.
Protein Purification and Isolation Market to be Worth $15.04 Billion by 2030
Protein Purification and Isolation Market by Product (Instruments, Consumables, Software), Technique (Ultrafiltration, Precipitation, Chromatography, Western Blotting), Application (Drug Screening, Target Identification), End User – Global Forecast to 2030
The Protein Purification and Isolation Market is projected to reach $15.04 billion by 2030, at a CAGR of 9.1% from 2023 to 2030. Protein purification is a process that isolates and purifies a single protein or protein complex from tissues, cells, or entire organisms. This process is essential for determining the cells' function, structure, and interactions of a protein of interest. Protein isolation helps understand the protein’s size, biological activity, binding affinity, protein-protein interaction, and physiochemical properties. Protein purification and isolation are done using various technologies such as precipitation, ultrafiltration, chromatography, and electrophoresis.
The growth of the protein purification and isolation market is driven by the growing need to identify new protein-based drug molecules, rising research in pharmaceutical and biopharmaceutical fields, and increasing focus on precision medicine. The increasing demand for protein therapeutics and rising spending on R&D in pharmaceutical and biotechnology industries are creating opportunities for the growth of this market.
Algae Products Market to Reach $5.55 Billion by 2030
Algae Products Market by Type (Hydrocolloids, Algal Protein, Lipids, Carotenoids), Source (Seaweed, Microalgae {Chlorella, Spirulina}), Form (Dry, Liquid), Application (Food & Beverage, Nutraceuticals, Cosmetic), and Geography – Global Forecast to 2030
The Algae Products Market is projected to reach $5.55 billion by 2030, at a CAGR of 7.8% during the forecast period of 2023 to 2030. In terms of volume, the algae products market is projected to reach 460,870.9 tons by 2030, at a CAGR of 9.0% during the forecast period of 2023–2030. The growth of the algae products market is driven by consumers’ increasing preference for algae-sourced products, the growth in vegetarianism, the rising demand for natural food colors, and the rapid growth of the nutraceuticals industry.
However, complexities in algae production and low awareness regarding the benefits of algae restrain the growth of this market. Furthermore, the growing demand for biofuels is expected to generate growth opportunities for the players operating in this market. However, the risk of algae contamination is a major challenge impacting market growth. Additionally, the increasing adoption of algae products is a prominent trend in the algae products market.
LiDAR Drones Market to Reach $1.9 Billion by 2030
LiDAR Drones Market by Survey (Topographic LiDAR, Bathymetric LiDAR), Type (Wing Drones, Rotary Drones), Range (Tactical, Medium, Long), End User (Agriculture, Construction, Power & Utilities, Mining), End User and Geography – Global Forecast to 2030
The LiDAR Drones Market is projected to reach $1.9 billion by 2030, at a CAGR of 17.6% during the forecast period of 2023 to 2030.The growth of this market is attributed to the growing application of LiDAR drones in land surveying, construction site monitoring, and environmental monitoring; the rising use of LiDAR drones for producing precise and accurate 3D maps and models; and growing agriculture drone applications. Furthermore, the increased use of LiDAR for environmental purposes and the emergence of 4D LiDAR sensors are expected to create significant opportunities for this market. However, the high cost of LiDAR drones hampers the growth of this market. In addition, the inability to function through heavy rain, snow, and fog is a major challenge to the growth of this market.
The global LiDAR drones market is segmented based on survey method, type, range, end-use industry and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.
Europe Nannochloropsis Market to be Worth $4.79 Million by 2030
Europe Nannochloropsis Market by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies, Other Application) – Forecast to 2030
The Europe Nannochloropsis Market is projected to reach $4.79 million by 2030, at a CAGR of 9% from 2023 to 2030. In terms of volume, the europe nannochloropsis market is projected to reach 39.93 tons by 2030, at a CAGR of 9.6% during the forecast period 2023–2030. The growth of this market is driven by the increasing demand for algae protein, the rising need for protein-rich and lipid-rich aquafeed, and the growing demand for omega-3 fatty acids. In addition, the growing demand from the biodiesel industry creates lucrative growth opportunities for Nannochloropsis manufacturers in Europe. However, the complex production process of Nannochloropsis restrains the growth of this market to a certain extent.