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Natural Food Colors Market to be Worth $3.74 Billion by 2031
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 global natural food colors market is projected to reach $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period 2024–2031. In terms of volume, the global natural food colors market is projected to reach 194,988 tons by 2031, at a CAGR of 5.3% during the forecast period of 2024–2031. The growth of the natural food colors market is driven by the growing demand for organic foods, increasing awareness regarding clean-label products, the growing need to enhance product appeal, increasing R&D activities in the food & beverage sector, and the emergence of microencapsulation technology for food colors. However, the high prices of natural colors and stringent regulations on the use of food colors are expected to restrain the market’s growth.
Protein Supplements Market to Be Worth $43.17 Billion by 2031
Protein Supplements Market Size, Share, Forecast, & Trends Analysis by Product (Powder, RTD, Bar), Source (Animal-based {Whey}, Plant-based {Soy}), Application (Sports Nutrition), Distribution Channel (Online, Specialty Stores) – Global Forecast to 2031
The Protein Supplements Market was valued at $22.02 billion in 2023. This market is expected to reach $43.17 billion by 2031, from an estimated $23.86 billion in 2024, at a CAGR of 8.8% during the forecast period 2024-2031. The growth of this market can be attributed to several factors, including the increasing demand for sports nutrition supplements, rising interest in plant-based nutrition, increasing consumer awareness regarding health & wellness, and rising product innovations in protein supplements. Moreover, the increasing demand for personalized nutrition and expansion into emerging economies are expected to offer growth opportunities for the players operating in this market. Additionally, the growing preference for online purchases and the rising popularity of vegan protein supplements are major trends in the protein supplements market.
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.
Identity Verification Market to be Worth $30.6 Billion by 2031
Identity Verification Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions, Services), Deployment Mode, Organization Size, Application (KYC, KYB), Sector (BFSI, Retail & E-commerce, Healthcare, Government, Education), and Geography – Global Forecast to 2031
The Identity Verification Market is expected to reach $30.6 billion by 2031, at a CAGR of 14.7% from 2024 to 2031. The growth of the identity verification market is driven by the rising incidence of identity fraud and cybercrime and the increasing adoption of identity verification solutions in the BFSI sector. However, concerns regarding privacy & data breaches restrain the market's growth.
Fleet Management Solutions Market to be Worth $84.3 Billion by 2031
Fleet Management Solutions Market Size, Share, Forecast, & Trends Analysis by Type (Route Optimization, Asset Tracking & Management, Others), Fleet Type (MCVs, HCVs, Others), End User (Transportation & Logistics, Utilities, Others) & Geography – Global Forecast to 2031
The Fleet Management Solutions Market is expected to reach $84.3 billion by 2031, at a CAGR of 17.4% from 2024 to 2031. The growth of the fleet management solutions market is driven by the increased use of remote fleet management technology and the growing adoption of fleet management solutions for fuel management. However, data privacy & security concerns are a factor restraining the growth of this market.
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 was valued at $29.96 billion in 2023. This market is expected to reach $42.63 billion by 2031, from an estimated $31.41 billion in 2024, at a CAGR of 4.5% during the forecast period 2024-2031. 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.
Protective Packaging Market to be Worth $54.7 Billion by 2031
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.
Dental 3D Printing Material Market to be Worth $5.4 Billion by 2031
Dental 3D Printing Material Market Size, Share, Forecast, & Trends Analysis by Type [Polymers (Resins, Thermoplastics), Composites, Ceramics (Zirconia, Alumina], Application (Crowns, Bridges, Dentures, Surgical Guides, Implants) – Global Forecast to 2031
The Dental 3D Printing Material Market was valued at $0.8 billion in 2023. This market is expected to reach $5.4 billion by 2031, from an estimated $1 billion in 2024, at a CAGR of 27.3% during the forecast period 2024-2031. Advanced dental 3D printing material are non-toxic and biocompatible. Such properties enhance their applications in cosmetic dentistry and other applications. The high prevalence of dental diseases like edentulism, increasing demand for cosmetic dentistry, growth in the geriatric population, and advancements in 3D printing technology propel market growth. In addition, advancements in the resins used for dental 3D printing and increasing awareness and acceptance of computer-aided design/computer-aided manufacturing (CAD/CAM) technologies are expected to create market growth opportunities.
Essential Oils Market to be Worth $24.80 Billion by 2031
Essential Oils Market Size, Share, Forecast, & Trends Analysis by Source (Citrus {Orange}, Lavender, Tea Tree), Type (Organic), Extraction Method, Application (Food & Beverage, Aromatherapy), Distribution Channel (Direct Selling) – Global Forecast to 2031
The Essential Oils Market was valued at $12.62 billion in 2023. This market is expected to reach $24.8 billion by 2031, from an estimated $13.71 billion in 2024, at a CAGR of 8.8% during the forecast period 2024-2031. The growth of this market can be attributed to several factors, including the increasing consumer preference for natural and organic products, the growing demand for essential oils from the aromatherapy industry, the rising awareness about the health benefits of essential oils, and the increasing concerns regarding the use of synthetic ingredients. However, the limited availability of raw materials and potential side effects or allergic reactions associated with certain essential oils may restrain market growth.
Probiotics Market to be Worth $100.10 Billion by 2031
Probiotics Market Size, Share, Forecast, & Trends Analysis by Strain (Bacillus), Product Type (Dairy {Yogurt}, Baked Food}, Animal Feed), Form (Liquid), Sales Channel (Super Markets), End User (Human {Adults, Senior}, Animal) – Global Forecast to 2031
The Probiotics Market was valued at $59.99 billion in 2023. This market is expected to reach $100.1 billion by 2031, from an estimated $63.62 billion in 2024, at a CAGR of 6.7% during the forecast period 2024-2031. The growth of the probiotics market is driven by the rising consumer awareness about the health benefits of probiotic-infused foods, the increasing use of probiotics as an alternative to antibiotics, and ongoing research advancements in probiotics. However, stringent regulatory frameworks pertaining to probiotics may restrain market growth. Furthermore, the utilization of probiotics in infant nutrition is expected to create market growth opportunities. Additionally, the rise of e-commerce is a prominent trend in this market.