anany joshi

The global bubble food and beverages market size was $3,356.2 million in 2021, and it will grow at a CAGR of 10.3% during 2021–2030, to reach $8,096.2 million by 2030. This is ascribed to the increasing demand of the millennials and Generation Z for boba-based snacks and drinks, such as bubble tea, as they are considered healthy.

The global food coating ingredients market size was $3.95 billion in 2021, and it is expected to reach $6.87 billion by 2030, advancing at a CAGR of 6.35% during 2021–2030.

The global baby diapers market was valued at $64.6 billion in 2021, and it is projected to reach $97.7 billion by 2030, growing at a significant CAGR of 4.7% between 2021 and 2030.

The sports drinks market size stood at $24,656.8 million in 2021, and it is expected to advance at a compound annual growth rate of 6.0% during 2021–2030, to reach $41,833.8 million by 2030.

The global sports food market was valued at $68,000.6 million in 2021, and this number is expected to increase to $128,735.1 million by 2030, advancing at a CAGR of 7.3% during the forecast period. This can be attributed to the rapid surge in the incidence of obesity, rise in the consumer awareness regarding health, growth in the number of industry players, increase in the frequency of product launches, boom in the disposable income, and growth in the trend of on-the-go snacks.

The global animal pharmaceuticals market size stood at roughly $40.07 billion in 2021, and it is set to reach $72.74 billion by 2030, growing at a CAGR of 6.8% during 2021–2030. The major factors credited for the rising demand for veterinary drugs are the increasing consumption of meat and milk products, booming pet adoption trend, and growing incidence of zoonotic diseases.

The global vitamin supplements market valued $47,328.60 million in 2021, and this number is expected to increase to $79,615.50 million by 2030, advancing at a CAGR of 5.9% during 2021–2030. This can be attributed to the growing aging population, rising demand for sports nutritional products, increasing consumer awareness about nutrition health and wellness, rising prevalence of chronic diseases and disorders, and shifting consumer preference.

The global lecithin market size was $1,376.32 million in 2021, and this number is expected to increase to $2,490.19 million by 2030, advancing at a CAGR of 6.8% during the forecast period. This can be attributed to the increasing usage of this additive in drug manufacturing and the food industry, growing awareness regarding the consumption of nutritional diets, and high R&D investments by manufacturers to achieve sustainable production.

The global savory snacks market size in 2021 was $252.6 billion, and it is expected to advance at a CAGR of 4.8% during 2021–2030, to reach $385.8 billion by 2030. Considering the increasing consumer demand for healthy snacking, food manufacturers are offering more-nutritious and less-fatty savory munching alternatives. Consumers’ eating habits are being influenced by the rising urbanization rate and hectic lifestyles, with people increasingly substituting flexible, light, and convenient snackin

The global enteral nutrition market size was valued at $8,037.55 million in 2021, and it is projected to reach $13,811.6 million by 2030, growing at a CAGR of 6.2% during 2021–2030. This growth can be attributed to the growing geriatric population, surging number of victims of malnutrition receiving treatment, and lower cost of products.

The global luggage market size stood at $38.55 billion in 2021, and it is set to reach $73.60 billion by 2030, growing at a CAGR of 7.45% during 2021–2030. The growth is primarily attributed to the growing travel & tourism industry, changing consumer lifestyles, and increasing disposable income in the emerging economies.

The global sports nutrition market was valued at $38.5 billion in 2021, and it is projected to reach $78.3 billion by 2030, growing at a CAGR of 8.2% between 2021 and 2030.

The global shavers market size in 2021 was $6,732.1 million, and it is expected to advance at a CAGR of 6.0% during 2021–2030, to reach $11,334.0 million by 2030. The market is primarily driven by the swift urbanization, rising consumer awareness of appearance, and increasing disposable income. Moreover, the surge in the middle-class population has greatly raised the demand for a variety of consumer goods, many of which were formerly deemed luxury commodities.

The global UHT milk market size was $64,095 million in 2021, and it will grow at a CAGR of 7.8% during 2021–2030, to reach $126,174 million by 2030. This is credited to the growing awareness about this product, which has a longer shelf life, offers the convenience of usage, and is preferred by urban youth due to their busy lifestyles.

The global nitro-infused beverages market size stood at around $69.17 million in 2021, and it will grow at a CAGR of 20.3% during 2021–2030, to reach $366.07 million by 2030. The key reasons boosting the demand for nitro-infused beverages include the changing consumer preference, increasing demand for newly launched products, and surging disposable income of people.

The global glutamic acid market size in 2021 stood at $ 10,496.0 million, and it is expected to advance at a CAGR of 7.1% during 2021–2030, to reach $ 19,443.5 million by 2030.

The extended reality (XR) market size was $18.6 billion in 2019, and it is projected to showcase a CAGR of 48.3% during 2020–2030. The major factors behind this growth include the surging adoption of 5G, AR/VR, smartphones, and connected devices, soaring number of collaborations and partnerships, and mounting focus on gesture-based computing.

The augmented reality (AR) and virtual reality (VR) market size was $37.0 billion in 2019, and it is expected to reach $1,274.4 billion in 2030, while progressing at a CAGR of 42.9% during 2020–2030. This can be owed to the increasing adoption of the AR and VR technologies in the gaming, entertainment, education, tourism, and healthcare sectors.

South Africa e-cigarette market was valued at $20.7 million in 2018 and is expected to register a CAGR of 18.6% during 2019-2024. Rising health awareness among the traditional cigarette smoking populace and increasing sale of e-cigarette through online channels are driving the adoption of e-cigarettes in South Africa.

The APAC networking equipment market valued at $22,875.2 million in 2018, and is expected to advance at a CAGR of 11.3% during the forecast period 2019–2024. This can be attributed to factors including rising bandwidth requirement and growing data traffic. Further, rising incidents of cyber-attacks are also driving the market where organizations are enforced to adopt networking security solutions in order to mitigate risks arising from such attacks.

The U.S. sauces market recorded $18.6 billion in 2018, and is expected to growth at a CAGR of 3.3% during 2019-2024. The U.S. sauces market is projected to grow rapidly due to increasing popularity of ethnic cuisines, healthier food options, and shift toward organic or all-natural products, and growing number of immigrants in the country.

Canada mattress and accessories market is estimated to reach $2,468.7 million in 2019, and is further expected to generate $2,689.8 million by 2024, exhibiting a CAGR of 1.7% during 2019–2024. Rising disposable income, favorable government housing policies, increasing immigration rate, and growing hotel sector are the key factors supporting the growth of the mattress and accessories market in the country.

APAC air compressor market reached $11.8 billion in 2018 and is expected to register a CAGR of 4.1% during 2019-2024. Rising demand for energy efficient air compressors and growing demand from manufacturing industry are major drivers boosting the growth of the market. Moreover, with increasing focus toward the lower energy consumption, the demand for energy efficient compressors is growing.

ASEAN air compressor market was valued at $902.9 million in 2018, and is expected to advance at a CAGR of 3.6% during 2019–2024. This can be attributed to various factors including surging automotive industry, increasing focus toward energy efficient air compressors, and growing construction industry in the region.

The global music composing software market size stood at $177.4 million in 2019, and it is expected to reach $1,871.5 million by 2030, exhibiting a CAGR of 23.8% during the forecast period (2020–2030). The key factors driving the industry growth include the increasing utilization of online music streaming services, consistent growth of the media and entertainment industry, strong preference for classical music shows, and growing need for effective collaboration among musicians.

Valued at $9.3 billion in 2019, the global computer-aided design (CAD) software market size is set to witness growth of 6.6% during 2020–2030 (forecast period), reaching $18.7 billion by 2030. A major factor driving the growth of the market is the increasing usage of CAD software in the manufacturing and automotive industries.

The Indian CAD software market size stood at $445.6 million in 2019, and it is expected to reach $696.9 million by 2025, exhibiting a CAGR of 8.2% during the forecast period (2020–2025). The major factors supporting the growth of the industry include the surging utilization of CAD software by the construction sector, rising focus on smart manufacturing, growing need for fast production of goods, and surging demand for accurate and improved-quality designs.

The global slicing software market size stood at $422.2 million in 2019, and it is expected to reach $2,202.5 million by 2030, exhibiting a CAGR of 16.7% during the forecast period (2020–2030). The major factors supporting the industry growth include the rising demand for integrated slicing software and need for improved manufacturing speed and widespread utilization of 3D printing in the healthcare, aerospace, automotive, jewelry, and other industries.

Valued at $3.1 billion in 2018, the global geotechnical instrumentation and monitoring market is expected to advance with a CAGR of 11.8% during 2019–2024. Growth in the construction sector across the world can be viewed as the key driver for the market. Moreover, growing urbanization and increasing government efforts toward developing sustainable infrastructure are supporting the market growth.

The micro battery market revenue stood at $418.2 million in 2018, and the market is predicted to progress at a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, growing adoption of the internet of things (IoT) in medical devices, and soaring usage of compact batteries in the healthcare industry are the major factors fueling the expansion of the market.

Valued at $81.7 million in 2019, the global certificate authority market size is expected to witness growth of 12.3% during the forecast period (2020–2030), reaching $285.7 million by 2030. The increasing awareness among online users about protected web access, rising internet users, growing number of transactions that require secure connection and authentication, and rising need to create trust among the growing online customer base are the most prominent factors that are boosting the growth of

Valued at $3.5 billion in 2019, the global webgame market is projected to reach $6.5 billion by 2030, advancing at a CAGR of 5.7% during the forecast period (2020–2030). The high adoption of smartphones and tablets, coupled with the increasing use of social media, is one of the factors that are driving the growth of the market.

High power LED market revenue stood at $12,647.2 million in 2018, and it is projected to advance at a CAGR of 5.3% during 2019–2024. The market thrives on the widening application base of LEDs in the automobile industry and increasing number of government initiatives that promote energy conservation and efficiency.

The ultraviolet (UV) curing system market revenue stood at $1.4 billion in 2018, and it is expected to witness a CAGR of 8.8% during 2019–2024. The market growth is because of the booming demand for consumer electronics, healthcare devices, and automobiles.

The global application platform as a service (aPaaS) market was valued at $6,023.3 million in 2020, and it is expected to showcase a CAGR of 14.2% during the forecast period (2021–2030). This is primarily attributed to the increasing preference of customers for advanced software and rising demand for cloud computing.

The size of the global 5G infrastructure market in 2020 was ~$1.5 billion, and it is expected to show significant growth during the forecast period (2021–2030). The key factors responsible for the growth of the market are an increase in the adoption of technologies that demand fast internet connection, such as artificial intelligence (AI);

Valued at $684.8 million in 2018, the global silicon on insulator (SOI) market is projected to surpass $2,285.5 million by 2024, witnessing a CAGR of 22.7% during the forecast period (2019-2024). Among all regions, Asia-Pacific (APAC) is expected to exhibit the fastest growth in the industry during the forecast period.

Valuing $9.1 billion in 2018, the position sensor market is expected to advance at a 7.7% CAGR between 2019 and 2024. The key drivers for the industry are the rising demand for such instruments in the automobile and aerospace sectors and rising focus of manufacturers on more-thorough inspections and accurate measurements.

The global omega-3 market generated the revenue of $19.7 billion in 2019, and is projected to reach $49.7 billion by 2030, progressing at a CAGR of 8.8% during 2020–2030. Increasing awareness among consumers regarding healthy eating is driving the growth of the market across the globe.

From $1,735.1 million in 2019, the global CBD oil market value is predicted to increase at a CAGR of 24.3% from 2020 to 2025. The key reasons behind the growth of the industry are the legal approval been given to the compound for medical, recreational, and research purposes and the promotion of cannabiodiol-containing products by companies as having wellness advantages. cannabiodiol is a non-psychoactive chemical or cannabinoid, extracted from the cannabis (marijuana) plant.

The interactive display market revenue stood at $9.2 billion in 2018, and it is expected to surpass $16.4 billion by 2024, exhibiting a CAGR of 10.4% during 2019–2024. Globally, the Asia-Pacific (APAC) region will witness the fastest growth in the coming years due to the rising investments in the transportation and education sectors in India, Australia, and China.

The agricultural drones market revenue stood at $1.5 billion in 2018, and it is projected to progress at a CAGR of 25.0% during 2019–2024. The market growth is driven by the relaxation in the government norms for drones in Germany, the U.S., Brazil, China, Brazil, and India and high demand for agricultural products.

The global e-signature market was valued at $1,527.7 million in 2021, and it is expected to reach $12,721.5 million by 2030, advancing at a CAGR of 26.6% during 2021–2030. This is ascribed to the growing security concerns across enterprises, the increasing government support, and the surging adoption of innovative technologies in developing countries such as India, China, and Brazil.

The global digital signature market value stood at $1,858.3 million in 2020, and it is expected to demonstrate a CAGR of 29.2% during the forecast period (2021–2030). This is attributed to the growing need for authenticating user identity and for smoother digital transaction management.

The global mobile virtual network operator (MVNO) market generated revenue of $66,582.0 million in 2020, which is expected to witness a CAGR of 7.1% during the forecast period (2021–2031). The surge in the penetration of mobile devices and demand for low-cost mobile services, rapid growth of triple-play services in developing countries, and increasing demand for high-speed internet connectivity are some of the key factors supporting the growth of the market across the globe.

The global over-the-top (OTT) services market generated ~$92 billion revenue in 2020. The key factors responsible for the market’s growth include the rising penetration of the internet and smart devices and increasing internet speed.

The transparent display market was valued at $524.7 million in 2018, and it is predicted to register a CAGR of 46.2% during the forecast period (2019–2024), reaching $4,933.6 million by 2024. Among all regions, Asia-Pacific (APAC) is expected to be the fastest growing market for transparent displays in 2018. This is attributed to the rising demand for these products from China, Japan, and South Korea.

The printed electronics market revenue is projected to grow from $35.7 billion in 2019 to $363.1 billion by 2030, witnessing a CAGR of 22.4% during 2020–2030. Globally, the Asia-Pacific (APAC) region will register the fastest growth in the foreseeable future due to the mushrooming demand for flexible electronic products, including gaming consoles, smartphones, tablets, and laptops, in China, South Korea, and Japan.

The global corporate telephony market is projected to show significant growth during the forecast period (2021–2030). It can be credited to the rapid increase in investments in corporate telephony and in the adoption of unified communication systems. Organizations, including in the government and healthcare sectors, are using corporate telephony technologies in order to increase productivity and save time.

The global data center infrastructure management (DCIM) market stood at ~$1.5 billion in 2020. The need for gaining end-to-end visibility for predicting capacity management requirements, efforts to improve data center uptime and energy efficiency, rising demand for sustainability and a low carbon footprint, and increasing number of hyperscale data centers are helping in the growth of the global data center infrastructure management market.

The global blockchain devices market valued $0.3 billion in 2019, and is expected to register a CAGR of 48.7% during the forecast period (2020–2030), reaching $23.5 billion by 2030. Growing market for cryptocurrencies and increasing demand for blockchain solutions are some of the primary drivers of the market.

The global vision sensor market is predicted to register a CAGR of 12.7% during the forecast period (2020–2030), reaching $9.2 billion by 2030 from $2.5 billion in 2019. Among all the regions, Asia-Pacific (APAC) is expected to register the fastest growth during the forecast period. This would be attributed to the growing demand for vision sensors from automotive and packaging industries.

The agriculture sector contributed 17.8% to the gross domestic product (GDP) of India in 2020, and its contribution is expected to rise in the coming years. As a result, the Indian farming as a service (FaaS) market is expected to observe steady growth in the forecast period.

In 2020, the global market for network telemetry solutions and services generated revenue of ~$300 million, and it is expected to display steady growth during the forecast period (2021–2030).

In 2019, the motion sensor market value stood at $4,430.7 million, and it will witness a CAGR of 5.1% during 2020–2030, to reach $7,590.8 million by 2030.

Valued at $1,456.2 million in 2019, the global light sensor market is predicted to witness a CAGR of 9.5% during the forecast period (2020–2030). The major factors driving the growth of the industry are the expansion of the automotive sector and rising demand for consumer electronics.

The Mexican shower glass door market size stood at $255.7 million in 2020, and it is expected to demonstrate a CAGR of 6.7% during the forecast period (2021–2030). The growth in the tourism and hospitality industries, along with the increase in the consumer focus on home décor and do-it-yourself (DIY) activities, is propelling the demand for shower glass doors.

The global essential oils market stood at ~$11 billion in 2020. The increasing demand for aromatherapy, growing consumer preference for natural products, and increasing demand for essential oils in the food & beverages and cosmetics industries are expected to propel the growth of the essential oils market in the forecast period.

The global edge artificial intelligence (AI) software market value was ~$1 billion in 2020, and during the forecast period (2021–2030), it is expected to grow at a substantial rate. The increasing usage of cloud-based applications in many sectors, fast improvements in the internet of things (IoT) technology, and developments in a number of smart applications are significant driving elements for the edge AI software market.

The global anti-money laundering market generated ~$3 billion revenue in 2020, and it is predicted to show a substantial growth rate during the forecast period (2021–2030). The key factors behind the growth of the market are the rise in the number of money laundering cases and increase in the requirement for monitoring money laundering activities. Further, the growth in information technology (IT) spending is boosting the demand for AML solutions.