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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
According to this latest publication from Meticulous Research®, the farm management software market is projected to reach $10.5 billion by 2030, at a CAGR of 25.4% from 2024–2030. 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.
Nematicides Market to be Worth $3.97 Billion by 2031
Nematicides Market Size, Share, Forecast, & Trends Analysis by Type (Chemical {Fumigant}, Biological {Microbial [Bacillus sp]}, Biochemical), Form, Nematode Type (Root-knot, Cyst), Mode of Application (Seed Treatment), Crop Type – Global Forecast to 2031
According to this latest publication from Meticulous Research®, in terms of value, the global nematicides market is projected to reach $3.97 billion by 2031, at a CAGR of 9.3% during the forecast period of 2024–2031. In terms of volume, this global nematicides market is projected to reach 201,413.3 tons by 2031, at a CAGR of 8.8% during the forecast period of 2024–2031. Rising demand for organic foods, growing environmental concerns, and market players’ focus on product launches and acquisitions are some of the factors driving the growth of this market. 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 prominent trend in the nematicides market.
Commercial Drones Market to be Worth $9.8 Billion by 2031
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
According to this latest publication from Meticulous Research®, 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 to operate and maintain drones restrain the growth of this market.
Snacks Processing Equipment Market to be Worth $1.7 Billion by 2030
Snacks Processing Equipment Market by Type (Conveyers, Sorting, Dryers, Mixing, Cutting, Coating, Packaging, Mode of Operation (Semi/Manual, Automatic), Snack Type (Chips, Extruded Snacks, Bakery & Confectionery), and Geography – Global Forecasts to 2030
According to this latest publication from Meticulous Research®, the global snacks processing equipment market is projected to reach $1.7 billion by 2030, at a CAGR of 6.0% from 2023 to 2030. The growth of the snacks processing equipment market is driven by the growing consumption of healthy snacks, the rising demand for processed/convenience foods, and consumers’ increased focus on food hygiene since the COVID-19 pandemic. However, the high cost of snack processing equipment restrains the growth of this market. Furthermore, increasing government support for the food processing industry is expected to generate growth opportunities for the players operating in this market. However, the shortage of trained labor and consumers’ increasing inclination toward minimally processed food products are major challenges impacting the market’s growth.
Non-destructive Testing (NDT) Services Market to be Worth $18.58 Billion by 2031
Non-destructive Testing Services Market Size, Share, Forecast, & Trends Analysis by Type (Inspection, Training, Others), Method (Radiographic, Ultrasonic, Others), Application (Flaw Detection, Others), End-use Industry (Oil & Gas, Manufacturing, Others), & Geography – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the non-destructive testing (NDT) services market is projected to reach $18.58 billion by 2031, at a CAGR of 9.4% from 2024 to 2031. 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.
Algae Products Market to Reach $6.01 Billion by 2031
Algae Products Market Size, Share, Forecast, & Trends Analysis by Type (Hydrocolloids, Lipids, Carotenoids), Source (Seaweed, Microalgae {Chlorella, Spirulina}), Form (Dry, Liquid), Application (Food & Beverage, Nutraceuticals) – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the algae products market is projected to reach $6.01 billion by 2031, at a CAGR of 7.9% from 2024 to 2031. 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.
South East Asia Food Processing Equipment Market to be Worth $5.57 Billion by 2031
South East Asia Food Processing Equipment Market by Type (Meat Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic), and Geography – Forecast to 2031
According to this latest publication from Meticulous Research®, the South East Asia food processing market is expected to record a CAGR of 5.6% from 2024 to 2031 to reach $5.57 billion by 2031. The growth of the South East Asia food processing equipment market is driven by the growing need to increase productivity, increasing demand for processed foods, food manufacturers’ increasing focus on reducing production costs, growing focus on food and worker safety, and government support to promote the food processing industry. However, the high cost of equipment and the consumers’ increasing inclination towards minimally processed food products restrain the growth of this market.
Protein Assays Market to be Worth $4.36 Billion by 2031
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
According to this latest publication from Meticulous Research®, the global protein assays market is projected to reach $4.36 billion by 2031 at a CAGR of 9.3% from 2024 to 2031. The growth of this market can be attributed to various factors, such as increasing pharmaceutical R&D expenditure, 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.
Smart Waste Management Market to be Worth $12.6 Billion by 2031
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
According to this latest publication from Meticulous Research®, the global smart waste management market is projected to reach $12.6 billion by 2031, at a CAGR of 17.3% from 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 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, 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.
Algae Products Market for Cosmetics to Reach $1.10 Billion by 2031
Algae Products Market for Cosmetics by Type (Hydrocolloids, Lipids, Carotenoids), Source (Seaweed, Microalgae {Chlorella, Spirulina}), Form (Dry, Liquid), Application (Skin Care {Moisturizers}, Hair Care Products), and Geography – Global Forecast to 2031
According to this latest publication from Meticulous Research®, the algae products market for cosmetics is projected to reach $1.10 billion by 2031, at a CAGR of 9.6% from 2024 to 2031. The growth of the algae products market for cosmetics is driven by the growing cosmetics industry, increasing consumer preference for cruelty-free and vegan cosmetics, and rising awareness regarding the health benefits of organic cosmetic products. However, the complexities in algae production and the lack of R&D activities in underdeveloped countries restrain the growth of this market.