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Showing posts from September, 2024

RTD Beverages Market to be Worth $1,582.7 Billion by 2031

  Meticulous Research ® —a leading global market research company, published a research report titled ‘ RTD Beverages Market by Product Type (Alcoholic and Non-alcoholic [Flavored, Tea, Coffee, Juices, Nectars, Dairy, Soft Drinks, Energy Drinks]), Packaging Type (Bottles, Cans), Distribution Channel (Supermarkets, E-commerce)—Global Forecast to 2031.’ According to this latest publication from Meticulous Research ® , the RTD beverages market is projected to reach  $1,582.7 billion by 2031 , at a CAGR of 6.8% from 2024–2031. The growth of the RTD beverages market is mainly driven by the rising consumption of sports & performance drinks, growing demand for functional beverages, beverage manufacturers’ increasing focus on product innovation, convenience, and easy portability of RTD beverages, and lifestyle changes leading to the increased incidence of chronic diseases. However, the high prices of RTD beverages are expected to hinder the growth of this market. Furthermore, ...

Revolutionizing Supply Chains with Artificial Intelligence

  According to a new market research report titled, ‘ AI in Supply Chain Market by Offering (Hardware, Software, Other), Technology (ML, NLP, RPA, Other), Deployment Mode, Application (Demand Forecasting, Other), End-use Industry (Manufacturing, Retail, F&B, Other) & Geography—Forecasts to 2031’, the AI in supply chain market is projected to reach $58.55 billion by 2031, at a CAGR of 40.4% from 2024 to 2031.   The adoption of artificial intelligence in the supply chain is launching a new era of industrial transformation. AI allows companies to automate tasks, forecast demand, optimize routes, manage inventory, and even monitor security, compliance, and other supply chain tasks. In addition, AI is used to optimize inventory management, reduce waste, and conserve resources by ensuring that the right products are in the right place at the right time. Some of the factors driving the growth of this market are the increasing incorporation of artificial intelligence in sup...

The Evolving MRO Market in Manufacturing: Key Drivers and Future Outlook

  Meticulous Research®, a leading global market research company, has published a new report titled, MRO Market for the Manufacturing Industry by Product (Plant Facilities, Automation Equipment, Robots, CNC Equipment), Sector (Consumer Products, Food & Beverage, Automotive, Electronics & Semiconductors) - Global Forecast to 2030. According to the report, the global Maintenance, Repair, and Operations (MRO) market for the manufacturing industry is projected to reach $49.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The growing demand for digital transformation in MRO operations, the need to minimize downtime and enhance organizational efficiency, and the development of smart factories are the primary drivers of this market's growth. However, the shortage of skilled professionals continues to pose challenges to the market. Meanwhile, increasing demand for remote maintenance solutions and the rise of 5G technology offer lucr...

Farming Innovation: Governments Push for Widespread Biofertilizer Use

  The global biofertilizer market is projected to reach $4.03 billion by 2031, up from an estimated $1.86 billion in 2024, growing at a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2024 to 2031, according to a new report by Meticulous Research® . As the global demand for food rises, agricultural practices are being pushed to increase crop production. However, heavy reliance on synthetic fertilizers has contributed to soil degradation, decreased soil fertility, and reduced the nutritional value of agricultural produce. Biofertilizers have emerged as a key sustainable solution, promoting soil health and supporting organic farming practices. Global Push for Biofertilizers Intensive farming methods, while boosting crop yields, often lead to soil fatigue and long-term deterioration. In response, governments around the world are stepping up initiatives to conserve soil health and promote sustainable agricultural practices. By reducing the use of chemi...

EV Charging Station Raw Materials Market Forecast: Trends, Growth, and Opportunities (2024–2031)

 According to a new market research report titled, ‘EV Charging Station Raw Materials Market by Material Type (Metals & Alloys (Stainless Steel, Aluminum, Copper), Polymers (PC Resins, Elastomers, TPU)), Application (Cords, Displays), Charging Type, and Geography—Global Forecast to 2031, ’ the EV charging station raw materials marketis projected to reach $8.1 billion by 2031, at a CAGR of 35.6% from 2024–2031. In terms of volume, the market is expected to reach 1,09,248.5 metric tons by 2031, at a CAGR of 12.7% from 2024–2031. An electric vehicle charging station provides electric energy to recharge EVs. The rising need to reduce carbon emissions and other harmful pollutants associated with traditional transportation has increased the demand for EV charging infrastructure for both commercial and residential applications. As a result, there is a surge in demand for raw materials like high-strength metals, alloys, and polymers, essential for manufacturing EV charging inf...

CAR-T Cell Therapy Market: Exploring Potential in Solid Tumors and Beyond

  Meticulous Research ® —a leading market research company, published a research report titled,  ‘ CAR T-cell Therapy Market  by Brand (Abecma [idecabtagene vicleucel], Breyanzi [lisocabtagene maraleucel], Yescarta [axicabtagene ciloleucel]), Target Antigen (CD, BCMA, HER2), Indication (Lymphoma, ALL, AML, Multiple Myeloma) - Global Forecast to 2030.' According to this latest publication from Meticulous Research ® , the CAR T-cell therapy market is projected to reach $51.6 billion by 2030, at a CAGR of 43.3% from 2023 to 2030. The growth of this market is driven by increasing cancer prevalence, a rise in awareness regarding CAR T-cell therapy, and increasing R&D activities and clinical trials. However, the complex manufacturing process and adverse effects of the therapy may restrain the growth of this market. Additionally, a high scope in emerging economies, innovation in CAR T-cell therapies and manufacturing processes are creating opportunities for market growth. ...