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Non-destructive Testing (NDT) Services Market to be Worth $16.83 Billion by 2030
Non-destructive Testing (NDT) Services Market by Type (Inspection, Training, Others), Method (Radiographic, Ultrasonic, Others), Application (Flaw Detection, Others), End-use Industry (Oil & Gas, Manufacturing, Others) & Geography – Global Forecast to 2030
The Non-destructive Testing (NDT) Services Market is projected to reach $16.83 billion by 2030, at a CAGR of 8.9% from 2023 to 2030. The growth of the NDT services market is driven by stringent regulatory standards imposed by governments regarding public safety and product quality, the rising need to assess the structural integrity of aging infrastructure and assets, and the rising significance of advanced NDT techniques in the industrial sector. However, the high cost of NDT services restrains the growth of this market.
Feed Premix Market to Reach $12.2 Billion by 2028
Feed Premix Market by Type (Combination Premixes, Vitamin Premix, Mineral Premix, Amino Acid Premix, Nucleotide Premix, Nutraceutical Premix), Form (Powder and Liquid), Application (Ruminant Feed, Swine Feed, Aqua Feed) — Global Forecasts to 2028
The Feed Premix Market is expected to reach a value of $12.2 billion by 2028, at a CAGR of 3.7% during the forecast period 2021-2028. Feed premixes’ use as a single ingredient over multiple ingredients, increasing demand for compound animal feed, and increased awareness regarding the safety of meat products are the key factors driving the growth of the Feed Premixe Market. The emergence of developing countries as strong consumers for feed premixes provide significant growth opportunities for market players in the coming years.
Healthcare Gamification Market to be Worth $3.5 Billion by 2030
Healthcare Gamification Market by Offering (Solutions, Services), End User (Consumer, Enterprise), Deployment Mode (Cloud-based, On-premises) and Geography – Global Forecast to 2030
The Healthcare Gamification Market is projected to reach $3.5 billion by 2030, at a CAGR of 21.4% during the forecast period of 2023 to 2030. The growth of this market is driven by the increasing health consciousness and the growing use of healthcare gamification to empower patients’ health and medical therapy. However, difficulties in sustaining long-term user engagement restrain the growth of this market.
Furthermore, the use of gamification tools to update the periodic knowledge of medical students and rising awareness of disease prevention are expected to create market growth opportunities. However, the limited effectiveness of gamification in treating chronic conditions is a major challenge for the players operating in this market. Additionally, the adoption of AI, machine learning, AR & VR in gamification and the increasing availability of smartphones, which enable easy access to healthcare and well-being apps, are some trends in the healthcare gamification market.
Asia-Pacific Dental Consumables Market to be Worth $15.99 Billion by 2030
Asia-Pacific Dental Consumables Market by Product [Implants (Titanium, Zirconium), Prosthetics (Bridges, Dentures, Abutments, Veneers, Inlays & Onlays), Endodontics, Orthodontics (Clear Aligners, Brackets), Sutures, and Hemostats], and End User – Forecast to 2030
The Asia-Pacific Dental Consumables Market is expected to grow at a CAGR of 11.2% from 2023 to 2030 to reach $15.99 billion by 2030. Dental consumables are used to maintain dental health and oral hygiene and have various uses in treating dental diseases, such as tooth restoration, tooth decay, and gum and gum tissue-related problems. These include dental implants, dental prosthetics, and orthodontic and periodontics products. Dental consumables are made from materials such as metals, polymers, ceramics, and biomaterials.
The growing prevalence of dental diseases, the rising demand for cosmetic dental procedures, and the high burden of the geriatric population drive the growth of the Asia-Pacific dental consumables market. The high costs of dental procedures restrain the growth of this market. Growing medical tourism for dental procedures and the adoption of CAD/CAM in dentistry are expected to offer growth opportunities for the players in this market. However, low awareness regarding oral health is a major challenge for the growth of the Asia-Pacific dental consumables market.
Asia-Pacific Livestock Diagnostics Market to Reach $501.8 Million by 2030
Asia-Pacific Livestock Diagnostics Market by Product (Consumables {Swine Fever, Influenza}, System, Software), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Swine, Bovine, Poultry), End User (POC, Veterinary Hospital) – Forecast to 2030
The Asia-Pacific Livestock Diagnostics Market is expected to record a CAGR of 10% from 2023 to 2030, reaching $501.8 million by 2030. Livestock serves as a major sector as a financial resource for the agriculture-based economy of Asia-Pacific. The countries in Asia-Pacific have a major focus on the production, consumption, and export of food-derived products. In order to ensure the highest quality of products derived from animals, superior animal health is essential. Diagnostics is crucial to keep animals healthy by enabling early disease diagnosis and stopping the disease spread amongst animals. Technologies such as immunodiagnostics and molecular Diagnostics are used to diagnose diseases such as influenza, swine fever, brucellosis, and new castle diseases, among others.
The growth of this market is driven by the growing demand for animal-derived food products, the increasing prevalence of transboundary and zoonotic diseases, and favorable government initiatives. Additionally, increasing awareness regarding animal health amongst farmers is expected to create growth opportunities for the stakeholders in this market. However, the dearth of veterinary practitioners for livestock animals restrains the growth of this market. Moreover, the lack of well-developed animal health infrastructure in the region poses a challenge for the market.
Asia-Pacific Continuous Bioprocessing Market to be Worth $181.1 Million by 2030
Asia-Pacific Continuous Bioprocessing Market by Product (Filtration, Chromatography, Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs) – Forecast to 2030
The Asia-Pacific Continuous Bioprocessing Market is expected to grow at a CAGR of 28.9% from 2023 to 2030 to reach $181.1 million by 2030. Continuous manufacturing is an emerging trend spanning various industries. From automotive to paper, businesses are embracing continuous manufacturing to enhance efficiency and bolster profits. The shift from batch to continuous manufacturing is gaining traction in the biopharmaceuticals sector due to the surge in demand for intricate therapies and heightened market competition. Continuous bioprocessing is increasingly being adopted due to its agility, flexibility, efficiency, and robustness. This approach streamlines processes by minimizing steps, utilizing compact facilities and equipment, and enhancing product quality to facilitate real-time release.
The growth of the continuous bioprocessing market in Asia-Pacific is attributed to the gradual adoption of continuous manufacturing, rising manufacturing and research-related outsourcing of biopharmaceuticals, expansions in CDMOs, and initiatives supporting the adoption of biopharmaceuticals. Furthermore, the shift towards bioprocessing 4.0 and the rising adoption of personalized medicines are expected to provide significant market growth opportunities.
However, the limitations of continuous bioprocessing may restrain the growth of this market. Additionally, manufacturers’ hesitation to shift from batch manufacturing to continuous manufacturing poses challenges to the market players.
Asia-Pacific Air Conditioners Market to be Worth $122.06 Billion by 2030
Asia-Pacific Air Conditioners Market by Type (Split, Centralized/Ducted, Others), Tonnage (Up to 2 Tons, 2 Tons to 5 Tons, Others), Technology (Inverter, Non-inverter), Rating (5 Star, 4 Star, Others), End User (Residential, Others), and Geography – Forecast 2030
The Asia-Pacific Air Conditioners Market is projected to reach $122.06 billion by 2030, at a CAGR of 6.4% during the forecast period of 2023–2030. The growth of the Asia-Pacific air conditioners market is attributed to the rising temperatures & humidity levels in the region, consumers’ growing inclination toward convenience & comfort, and the rising demand for energy-efficient air conditioners. However, the high costs of air conditioners restrain the growth of this market.
The rising adoption of air conditioners with inverter & air purification technologies and technological advancements in HVAC systems are creating growth opportunities for the players operating in this market. However, the high energy consumption associated with air conditioners is a challenge for market growth. Additionally, connected air conditioners and solar photovoltaic (PV) & solar thermal-assisted air conditioning systems are major trends in this market.
Nematicides Market to be Worth $3.58 Billion by 2030
Nematicides Market by Type (Chemical {Organophosphate, Carbamate, Fumigant}, Biological {Microbial [Bacillus Species]}, Biochemical), Form, Nematode Type (Root-knot, Cyst Nematodes), Mode of Application (Seed Treatment), Crop Type – Global Forecast to 2030
The Nematicides Market is projected to reach $3.58 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023–2030. In terms of volume, the nematicides market is projected to reach 182,932.2 tons by 2030, at a CAGR of 8.5% during the forecast period of 2023–2030. The growth of this market is driven by the rising demand for organic foods, growing environmental concerns, and market players’ focus on product launches and acquisitions. However, the lack of awareness and low adoption of bionematicides and stringent and non-standardized regulations restrain the growth of this market. Moreover, emerging markets in Asia-Pacific and Latin America and the growing adoption of biological seed treatments are expected to generate growth opportunities for the players operating in this market. However, the limited availability of bionematicides is a challenge for market stakeholders. Additionally, the growing utilization of sustainable agricultural inputs is a major trend in the nematicides market.
Middle East & Africa Edible Insects Market to be Worth $282.9 Million by 2030
Middle East & Africa Edible Insects Market by Product (Whole Insect, Insect Powder, Insect Meal), Insect Type (Crickets, Black Soldier Fly, Mealworms, Ants), Application (Animal Feed, Protein Bar & Shakes, Bakery, Confectionery), and Geography – Forecast to 2030
The Middle East & Africa Edible Insects Market is expected to reach $282.9 million by 2030, at a CAGR of 22.4% from 2023 to 2030. The growth of this market is attributed to several factors, including the high nutritional value of insects, the increasing greenhouse gas emissions from the livestock and poultry industries, the environmental benefits associated with consuming edible insects, the increasing utilization of insects in animal feeds by feed processors and farmers, and the low risk of transmitting zoonotic diseases through the consumption of edible insects. Moreover, the rising consumer demand for more sustainable food and feed products, along with government support for insect farming, offers significant growth opportunities for market players.
However, the absence of a standardized regulatory framework, psychological and ethical barriers to consuming insects as food, and the potential risk of allergies associated with insect consumption restrain the market’s growth. Additionally, the lack of awareness regarding the benefits of insect consumption remains a major challenge for the growth of this market.
Farm Management Software Market to be Worth $10.5 Billion by 2030
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.
However, the lack of access to financial solutions for farmers hampers the growth of this market. In addition, the fragmented and unorganized agriculture ecosystem in developing countries is a major challenge to the growth of this market.