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Showing posts from January, 2025

U.S. Soft Drinks Market 2030: Innovations Driving the Next Wave of Flavors

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U.S. Soft Drinks Market Growth & Trends The U.S. soft drinks market size is expected to reach USD 467.18 billion by 2030, registering to grow at a CAGR of 7.5% from 2024 to 2030 according to a new report by Grand View Research, Inc., Growing population is providing a fillip to the food and beverage sector, which in turn is propelling the U.S. soft drink market. Furthermore, easy availability and low price of soft drinks are benefiting the growth of the market. Recently, significant growth has been observed in the RTD tea drinks segment of the market, owing to soaring health concerns among consumers and increasing demand for premium products. However, strengthening presence of low-quality fake products is a major challenge for market players. Counterfeit soft drinks lead to huge losses of established players. Additionally, increasing health issues such as obesity, cardiovascular diseases, and others due to high sugar content in drinks are hindering the growth of the marke...

U.S. Protein Labeling Market 2030: The Future of In-Vivo Protein Labeling Methods

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U.S. Protein Labeling Market Size & Trends The U.S. protein labeling market size was estimated at USD 932.2 million in 2023 and is expected to grow at a CAGR of 8.09% from 2024 to 2030. The key growth factors include the development of high-throughput proteomics platforms, advancements in mass spectrometry, and the integration of proteomics with other omics technologies like genomics and metabolomics. U.S. protein labeling market accounted for a 42.0% share of the global protein labeling market in 2023. The protein labeling market has experienced significant growth due to the increased adoption of bioengineering techniques. This growth is fueled by researchers embracing innovative methods to engineer proteins with enhanced functionalities, opening up opportunities in drug delivery, diagnostics, and biotechnology. Advancements in analytical technologies, particularly in mass spectrometry and chromatography, have allowed for deeper exploration of protein structures to understand be...

U.S. Online Gambling Market 2030: The Shift Towards Interactive Gaming Platforms

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U.S. Online Gambling Market Size & Trends The U.S. online gambling market size was valued at USD 11.68 billion in 2023 and is expected to grow at a CAGR of 12.0% from 2024 to 2030. The growing use of mobile phones and other digital devices, coupled with access to the internet is creating growth opportunities for online gambling. Internet penetration was 92% of the United States’ total population in 2022. Moreover, legalization of online gambling, celebrity endorsements, and corporate sponsorships are also helping market grow in the country. n 2023, the U.S. accounted for over 16.0% of the online gambling market. With the growing adoption of high speed internet technology, the number of digital devices’ users is also rising, which is having a direct impact on the market. In addition, Smartphones support AR/VR and artificial intelligence-powered applications, which help developers create immersive and interactive gambling applications. Many developers focus on solutions ...

U.S. Microfluidics Market 2030: The Impact of COVID-19 on Device Development

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U.S. Microfluidics Market Size & Trends The U.S. microfluidics market size was estimated at USD 12.59 billion in 2023 and is expected to grow at a CAGR of 11.5% from 2024 to 2030. Microfluidics devices’ ability to analyze small sample volumes reduces reagent waste and preserves scarce samples, driving demand for these devices. Their increasing use in research and diagnostics has led to the development of advanced technologies. The transformation of microfluidics-based lab equipment into tools compatible with existing research workflows has expanded their applications in biomedical and pharmaceutical research, contributing to market growth. U.S. accounted for over 39.2% of the global microfluidics market in 2023. The growing use of microfluidics devices in diverse research and diagnostic fields is anticipated to propel the market. For example, the past decade has seen an increase in microfluidic devices suitable for eye-related conditions. The evolution of...

U.S. Integrated Delivery Network Market 2030: Revolutionizing Healthcare Delivery for All

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U.S. Integrated Delivery Network Market Growth & Trends The U.S. integrated delivery network market is anticipated to reach USD 3.79 trillion by 2030 and is anticipated to expand at a CAGR of 10.25% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is attributed to the rising demand for various healthcare services owing to the increased prevalence of chronic diseases and the growing geriatric population. According to a recent study published by the U.S. Department of Health and Human Services and Population Reference Bureau, the population aged 65 years and above is likely to double from 58 million in 2022 to 82 million by 2050. This will result in the growing adoption of healthcare-related services. The integrated delivery network (IDN) is a pivotal solution to alleviate the healthcare burden in the U.S. The consolidation among diverse healthcare providers has enhanced the profit margins for all institutes by curbi...

U.S. Genotyping Market 2030: Pioneering Precision Medicine Through Genetic Insights

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U.S. Genotyping Market Size & Trends The U.S. genotyping market size was estimated at USD 6.42 billion in 2023 and is expected to grow at a CAGR of 13.7% from 2024 to 2030. Rising prevalence of genetic disorders & cancer, technological advancements, increased focus on developing personalized medicine, and increasing R&D funding for genomics are some of the key factors driving market growth. However, lack of skilled professionals and less awareness about advanced technological solutions in developing regions may hamper market growth. The U.S. accounted for over 35.8% of the global genotyping market in 2023. The rise in chronic diseases like cancer and genetic disorders is anticipated to fuel the need for diagnostic testing based on genotyping. The World Health Organization reported that there were 19.1 million new cases of cancer worldwide in 2020. Viruses that cause cancer, such as the Human Papilloma Virus (HPV) and Hepatitis B and C Viruses (HBV/HCV),...

Strapping Materials Market 2030: How Food Safety Regulations are Influencing Choices

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Strapping Materials Market Growth & Trends The global strapping materials market size is expected to reach USD 9.14 billion by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The advantage of recycling pretend by plastic strapping materials makes it a sustainable packaging substitute, which is expected to drive market growth over the coming years. Polypropylene was the largest material segment in terms of revenue in 2022 and the trend is projected to continue with a CAGR of 5.3% over the forecast period. Its property of high elongation recovery is expected to boost market growth over the forecast period. Plastic strapping is a durable alternative to conventional packaging materials namely glass, aluminum, and tin, which are used in the food and beverage industry. The flexibility of plastic allows manufacturers to customize shape, size, and any other specification as per the packaging requirement of a customer. P...

Squash Rackets Market 2030: Driving Growth Through E-commerce and Innovation

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Squash Rackets Market Growth & Trends The global squash rackets market size is expected to reach USD 346.5 million by 2030, registering a CAGR of 5.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Significant increase in the number of squash sports tournaments across the globe is the key factor for the market growth. Moreover, increasing popularity of squash sports plays a key role in increasing the product demand. Carbon fiber raw material segment is expected to lead the global market over the next few years. Products made of these materials have been gaining traction among amateur and professional players due to lower weight and higher strength and durability. North America dominated with a revenue share of 29.3% in 2023, driven by the high demand for sports equipment and the popularity of squash as a recreational activity.  Gather more insights about the market drivers, restrains and growth of the Squash Rackets Market Key comp...

Specialty Fuel Additives Market 2030: How Lubricity Improvers Enhance Engine Longevity

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Specialty Fuel Additives Market Growth & Trends The global specialty fuel additives market size is anticipated to reach USD 19.91 billion by 2030, registering a CAGR of 9.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand for low emission and efficient energy sources from the manufacturing, aviation, and automobiles along with stringent environmental regulations is projected to boost the market growth. The increasing levels of toxic emissions as a result of fuel used in vehicles has led to an adverse impact on the environment. This has led to increased use of specialty additives across the world, which helps curb harmful gas emissions from the vehicle. They help enhance the efficiency of gasoline, distillates, diesel, and other fuels. It reduces combustion and burn rate in high temperatures and avoids dreadful emissions of pollutants. The constant focus on new product development and innovation in the specialty fuel supple...

Solution Styrene Butadiene Rubber Market 2030: A Look at Key Trends in the Cable Industry

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Solution Styrene Butadiene Rubber Market Growth & Trends The global solution styrene butadiene rubber market size is expected to reach USD 17.76 billion by 2030 and is expected to grow at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand in tire manufacturing industry owing to the low rolling resistance and high wet grip offered by the product is expected to augment market growth The growth in the solution styrene butadiene rubber (S-SBR) market is primarily driven by the increasing demand from the tire manufacturing industry on account of the low rolling resistance and high fuel efficiency offered by the product. Rising demand for vehicles in the developing economies has been a major contributing factor for the S-SBR industry growth. Aftermarket tire sales have also been a major factor for S-SBR market growth. Increasing consumer awareness regarding the benefits of high-performance tires is likely to boost d...

Sodium Benzoate Market 2030: Innovations in Cosmetic Applications

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Sodium Benzoate Market Growth & Trends The global sodium benzoate market size is anticipated to reach USD 2.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% from 2022 to 2030. Due to the rising worldwide population, the food industry and pharmaceuticals are expanding industries that are expected to drive the market. Factors such as increased consumer awareness, increased urbanization, demand for medicinal supplies, and the growth of the packaged food business have propelled the expansion of the market. The COVID-19 pandemic had a negative impact on economies and businesses in a number of countries due to lockdowns, travel restrictions, and business closures. Government restrictions were established in response to the pandemic which disrupted manufacturing processes in a number of countries. Gather more insights about the market drivers, restrains and growth of the Sodium Benzoate Market The l...

Small Molecule Innovator API CDMO Market 2030: The Surge of Small-Molecule Drug Approvals

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Small Molecule Innovator API CDMO Market Growth & Trends The global small molecule innovator API CDMO market size is expected to reach USD 47.14 billion by 2030, registering a CAGR of 6.53% from 2024 to 2030, according to a new report by Grand View Research, Inc. A growing outsourcing trend among pharmaceutical companies, increasing demand for small molecule drugs, and a surge in the number of clinical trials are anticipated to influence the market positively. The growing utilization of CDMOs in the pharmaceutical sector stems from various reasons, with cost-effectiveness as the prominent factor. Outsourcing emerges as an efficient strategy for pharmaceutical firms to reduce expenses by sidestepping the necessity for costly infrastructure and equipment investments. CDMOs offer the requisite expertise and infrastructure to deliver drug development and manufacturing services in a financially prudent manner. Furthermore, enhanced efficiency serves as another pivotal driver ...

Silver Nanoparticles Market 2030: The Future of Electronics and Conductive Materials

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Silver Nanoparticles Market Growth & Trends The global silver nanoparticles market size is estimated to reach USD 4.53 billion in 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. Rising demand for antimicrobial materials in healthcare applications is expected to drive the market over the forecast period. The development of high-end electronics coupled with the growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population, and rise in disposable income is expected to augment the market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth. Gather more insights about the market drivers, restrains and growth of the Silver Nanoparticles Market Silver Nanoparticles Market Report ...

Shared Services Center Market 2030: The Rise of Strategic Flexibility in Organizations

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Shared Services Center Market Growth & Trends The global shared services center market size is expected to reach 3,36,742 units, growing at a CAGR of 19.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. A shared services center (SSC) is a devoted unit that focuses on defined business functions and is structured as a centralized delivery location and point of service. The unit is responsible for specific functions, such as security, purchasing, compliance, legal, IT, payroll, HR, and accounting. The growth prospects for this market are bullish due to increased needs for reducing costs and improving the quality of delivered services. Resourceful implementation of SSC in operational stages yields greater operational efficiency and cost reduction, while enhancing productivity. Deployment of SSC framework helps companies to focus on enhancing operations. Gather more insights about the market drivers, restrains and growth of the Shared Services...

Security Automation Market 2030: The Rise of AI and ML in Cybersecurity

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Security Automation Market Growth & Trends The global security automation market size is expected to reach USD 22.92 billion by 2030, growing at a CAGR of 14.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is driven by increasing cybersecurity threats, technological advancements in AI, ML, and big data, and stringent regulatory compliance requirements. The rising adoption of cloud services necessitates robust security automation, while the proliferation of IoT devices and the demand for endpoint and network security further boost the market. Organizations are increasingly investing in automated security solutions for cost efficiency, operational benefits, and enhanced threat detection and mitigation capabilities. The increasing integration of security automation with DevOps (DevSecOps) ensures consistent security throughout the software development lifecycle. Automated security solutions enhance incident response capabilities...

RTLS In Healthcare Market 2030: Boosting Efficiency Through Advanced Technology

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RTLS In Healthcare Market Growth & Trends The global RTLS in healthcare market size is anticipated to reach USD 7.96 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 18.69% from 2023 to 2030. The growth of the market depends on several factors, including increasing demand for asset tracking, growing focus on workflow optimization, and the need for improved patient safety. Most of the industries including healthcare are adopting the RTLS system to lower the risk of workplace accidents. For instance, according to the World Health Organization (WHO), there is a 1 in 300 chance of a patient being harmed in healthcare due to medical errors. These medical errors are associated with specimen misidentification, incorrect blood transfusion, and adverse drug events, which are primarily caused by patient and medication misidentification. Real Time Location System (RTLS) technology can be vital in reducing these err...

Reprocessed Medical Devices Market 2030: Navigating Regulatory Challenges and Opportunities

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Reprocessed Medical Devices Market Growth & Trends The global reprocessed medical devices market size is expected to reach USD 8.0 billion by 2030, according to a new study by Grand View Research, Inc., registering a CAGR of 16.8% from 2023 to 2030. The increasing need for affordable & effective medical devices and growing concern regarding the rising amounts of medical waste generated by healthcare facilities are expected to drive the market. In addition, the long-term cost-efficiency associated with these devices as compared to that of the original device is expected to further drive the market growth. Medical device reprocessing has become an increasingly popular way of saving costs among healthcare organizations. According to the Association of Medical Device Reprocessors (AMDR), these reprocessed devices are typically 30-50% cheaper than new ones. Hospitals and other healthcare facilities take advantage of this cost-effective resource to enhance services and adva...

Protein Water Market 2030: How Convenience is Driving Sales in Supermarkets

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Protein Water Market Growth & Trends The global protein water market size is expected to reach USD 1.38 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing a surge in popularity driven by the latest trends in health and wellness. Consumers are increasingly turning to protein water as a convenient and functional beverage choice to support their active lifestyles. Companies are pushing the boundaries with innovative flavor profiles to cater to diverse consumer preferences. Varieties such as exotic fruits, botanical infusions, and unique flavor combinations are captivating the market and attracting consumers seeking refreshing and enjoyable beverage experiences. Gather more insights about the market drivers, restrains and growth of the Protein Water Market In line with these trends, prominent brands such as Protein2o are introducing protein water variants infused with functio...

Programmatic Advertising Platform Market 2030: Insights into the Competitive Landscape of Key Players

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Programmatic Advertising Platform Market Growth & Trends The global programmatic advertising platform market size is expected to reach USD 41.44 billion by 2030, registering a CAGR of 27.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The programmatic advertising platform uses automated technology to purchase and sell digital advertising inventory in real-time. It has revolutionized the way digital ads are bought and sold, making the process more efficient and effective. The key driver of the market is the ability to target specific audiences with relevant ads. It uses data and algorithms to identify potential customers and deliver ads that are most likely to resonate with them. This level of targeting ensures that brands reach the right people with their message, resulting in higher engagement and conversions. Furthermore, the increasing adoption of advertising platforms by businesses of all sizes. Companies recognize the benefits of program...