LIMS tracks and stores information about a sample from when it enters a laboratory until it has undergone processing. Nowadays, it has transformed into an enterprise resource planning tool that manages multiple aspects of laboratory informatics. Advantages include streamlined workflow, improved laboratory efficiency, elimination of human errors, support in regulatory compliance, inventory tracking, and increased revenue. The LIMS market has been transformed by incorporating artificial intelligence (AI), machine learning (ML), and advancement in biostatistics.

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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.

Pharmaceutical Packaging Market by Type (Bottle, Vial, Blister Pack, Ampoule, Pre-filled Syringe), Material (Plastic [PE, Polyvinyl chloride, PP, PET], Paper, Glass, Metal), Dosage Form (Oral, Parenteral, Topical), End User—Global Forecast to 2029

The Pharmaceutical Packaging Market is expected to reach $158.14 billion by 2029, at a CAGR of 7.6% from 2022 to 2029. Pharmaceutical packaging plays an important role in the storage and administration of pharmaceutical products. In addition to the storage and protection of pharmaceuticals, packaging plays a significant role in the marketing and promotion of brands. The growing pharmaceuticals market, rising trend of contract packaging in pharmaceuticals, technological advancements, and increasing implementation of serialization and aggregation regulations are the factors driving the growth of the pharmaceutical packaging market. Furthermore, emerging pharmaceutical hotspots in developing countries offer significant opportunities for the growth of the pharmaceutical packaging market. However, the increasing costs of packaging hinder the growth of this market to a notable extent.

Fungal Protein Market By Type (Fusarium Venenatum Extract, Mushrooms, Yeast Extract), Application (Food & Beverage {Beverages, Bakery}, Animal Nutrition {Poultry Feed, Aquafeed}, Pharmaceuticals, and Other Applications), and Geography – Global Forecast to 2029

In terms of value, the global fungal protein market is projected to reach $397.5 million by 2029, at a CAGR of 7.6% from 2023 to 2029. Moreover, this market is projected to reach 23,185 tons by 2029, at a CAGR of 6.2% during the forecast period 2023–2029.The popularity of fungal protein is on the rise as it is rich in proteins, vitamins, folic acid, and minerals, making it an ideal choice for use in both human food & beverages, animal feed, and pharmaceutical applications.

The growth of the fungal protein market is primarily driven by the growing demand for allergen-free foods, the rising consumption of processed foods, and the increasing demand for meat substitutes. Additionally, the rising adoption of yeast extract in the processed foods industry and emerging economies in Asia-Pacific and the Middle East are expected to provide significant market growth opportunities. However, undefined regulatory guidelines are expected to restrain the growth of this market.

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