U.S. Water and Wastewater Treatment Technologies Market Worth $24.63 Billion by 2029
U.S. Water and Wastewater Treatment Technologies Market by Treatment Technologies Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge, Clarification) and Application – Forecasts to 2029
The U.S. Water and Wastewater Treatment Technologies Market is expected to reach a value of $24.63 billion by 2029, at a CAGR of 5% during the forecast period 2022–2029. The growth of the U.S. water and wastewater treatment technologies market is attributed to stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases.
Furthermore, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for the vendors operating in the U.S. water and wastewater treatment technologies market. However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a notable extent. In addition, the aging and deterioration of existing water infrastructure are the challenges for the growth of the U.S. water and wastewater treatment technologies market.
Europe Dunaliella Salina Market Set to Flourish, Projected to Reach $27.1 Million by 2030
The Europe Dunaliella Salina Market is slated to register a CAGR of 4.8% from 2023–2030 to reach $27.1 million by 2030.The popularity of Dunaliella salina is rising due to changing lifestyles and the growing natural food trend, which positively impacts the demand for Dunaliella salina. The Europe Dunaliella salina market is driven by increasing demand for naturally-sourced beta carotene products, rising need for natural colorants, and increased use of Dunaliella salina in the cosmetics industry. However, the complex production process for Dunaliella salina is expected to 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 Forecast to 2030
The Snacks Processing Equipment Market is projected to reach $1.7 billion by 2030, at a CAGR of 6% during the forecast period 2023–2030. 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.
Additionally, the integration of automation and smart technologies into snack processing equipment is a key trend in the global snacks processing equipment market.
Veterinary Molecular Diagnostics Market Worth $1.13 Billion by 2029
Veterinary Molecular Diagnostics Market by Product (Kits & Reagents, System & Software), Technology (PCR, Microarray, DNA Seq), Animal Type (Companion, Livestock), Application (Infectious Disease, Genetics), End User (Hospital, Clinical Lab) – Forecast to 2029
The Veterinary Molecular Diagnostics Market is expected to grow at a CAGR of 9.2% from 2022 to 2029 to reach $1.13 billion by 2029. Factors such as the growing pet animal population, high animal healthcare expenditure, ongoing advancements in veterinary molecular diagnostics, and the high sensitivity and specificity of MDx tests are supporting the market growth. Moreover, emerging markets, advancements in veterinary diagnostics technologies, and increasing efforts by organizations to promote animal welfare are expected to offer opportunities for the global veterinary molecular diagnostics market.
Veterinary Rapid Diagnostic Tests Market to Reach $1.1 Billion by 2030
Veterinary Rapid Diagnostic Tests Market by Product (Kits, Readers), Condition (Viral, Parasitic, Bacterial Infections), Animal (Companion [Dogs, Cats], Livestock), and End User (Clinics & Hospitals, Reference Labs, Home Testing) – Global Forecast to 2030
The Veterinary Rapid Diagnostic Tests Market is expected to record a CAGR of 8.1% from 2023 to 2030, reaching $1.1 billion by 2030. The growth of this market is driven by the increasing prevalence of zoonotic diseases, the advantages of rapid tests over other testing methods, the growing preference for at-home and farm testing, rising awareness regarding veterinary health, increasing global animal health expenditure, and the increasing demand for animal-derived food products.
However, the lack of reimbursements and the preference for certain traditional diagnostic methods restrain the growth of this market. Additionally, emerging markets and increasing pet ownership are expected to create growth opportunities for the stakeholders in this market. However, the inadequate diagnostic infrastructure in developing countries and farmers’ lack of awareness regarding animal health are major challenges to market growth.
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Pradeep Bhanot – Author, Entrepreneur & Philanthropist
Pradeep Bhanot, a distinguished entrepreneur and philanthropist, is renowned for his business acumen and unwavering commitment to societal well-being. As the CEO of 'Pradeep Bhanot's The Cosmic Voice,' he has skillfully overseen the growth of a thriving organization, creating opportunities for innovation and economic development across industries.