Key Trends Shaping the Edible Packaging Market
The global edible packaging market size is projected to grow from USD 527 million in 2019 to USD 679 million by 2025, at a CAGR of 4.3%. The rise in the popularity of edible packaging solutions can be attributed to government initiatives, advancements in packaging technologies, and the development of new sources for edible packaging solutions. China, Indonesia, and India are among the key markets...
Growth opportunities and latent adjacency in Tea Extracts Market
The global tea extracts market is estimated to be valued at USD 2.5 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 6.9%. The market is projected to witness significant growth due to factors such as the increase in the consumption of functional foods, rise in health consciousness among consumers, and increasing adoption of tea due to the ill-effects from caffeine,...
Key Market Dynamics in Air Traffic Management
The Air Traffic Management (ATM) Market is projected to grow from an estimated USD 14.1 billion in 2018 to 18.8 billion by 2025, at a CAGR of 4.20% during the forecast period. Increasing global airport investments and upgradation of ATM systems are expected to drive the growth of the market.
Key Market Players:
Major players in the market are Thales Group (France), Raytheon Company...
Autonomous Aircraft Market worth $23.7 billion by 2030
The report “Autonomous Aircraft Market by Technology (Increasingly Autonomous, and Fully Autonomous), End Use (Commercial, Combat & ISR, Cargo, Passenger Air Vehicle, Personal Air Vehicle, Air Medical Services), Component, and Region – Global Forecast 2030″, The autonomous aircraftmarket is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030,...
Attractive Opportunities in Semiconductor Manufacturing Equipment Market
The semiconductor
manufacturing equipment market is projected to grow from USD 66.1
billion in 2020 to USD 103.5 billion by 2025; it is expected to grow at a CAGR
of 9.4% from 2020 to 2025. Key factors fueling the growth of this market
include the growing consumer electronics
market, an increase in the number of
foundries, and the trend of
miniaturization and technology migration.
Semiconductor...
Military Lighting Market Overview, Trends and Growth Opportunities — Global Forecast to 2023
The Military Lighting Market is projected to grow from an estimated USD 484.5 million in 2018 to USD 615.2 million by 2023, at a CAGR of 4.89% from 2018 to 2023. The major factors which are expected to act as major drivers are the increased awareness relating to energy saving characteristics of LED lights, focus of governments across the globe on the improvement of efficiency, reducing costs,...
Key Trends Shaping the Feed Phosphates Market
Feed phosphates provide optimal growth, improve gut health, aid bone development and improve fertility in livestock. Rise in consumption of meat and dairy products and high threat of diseases in livestock are the factors driving the market. The feed phosphates market is projected to reach 2.80 billion by 2024, from USD 2.25 billion in 2018, at a CAGR of 3.7%.
On
the basis
of type, the monocalcium...
Growth Strategies Adopted by Major Players in Probiotics Market
The global probiotics market is estimated to be valued at USD 49.4 billion in 2018 and is projected to reach USD 69.3 billion by 2023, at a CAGR of 7.0% during the forecast period. The probiotics market is driven by the growing popularity of functional foods such as yogurt, particularly in emerging countries of the Asia Pacific. The increased demand for dietary supplements in the North American region...
Growth Opportunities and Latent Adjacency in Algae Products Market
The algae products market is estimated at USD 3.98 billion in 2018 and is projected to reach USD 5.17 billion by 2023. It is projected to grow at a CAGR of 5.4% during the study period. The market is primarily driven by trends such as growth in consumer awareness regarding the health benefits of algae-based products and its application multiple industries such as food & beverage, pharmaceutical,...
Key Opportunities and Challenges in Fire Testing Market
The global fire
testing market is expected to grow from USD 6.3 million in 2019 to USD 8.6
billion by 2024, at a CAGR of 6.4% during the forecast period. The major
driving factors in the fire testing market are the adoption of safety systems
industries and growing automation in buildings.
Based on services, the market for fire testing services market is expected to grow at the highest CAGR. There...