In terms of volume, the global market for yogurt stood at 36,500.1 Kilo Tons in 2020 and expected to reach 49,254.4 Kilo Tons by 2029, expanding at a CAGR of 3.5% during the forecast period from 2021 to 2029. Europe led the yogurt market in 2020 and expected to display similar trend throughout the forecast period. Asia Pacific expected to be the fastest growing market during the forecast period.
Safety of physical possession is a big and continuously growing concern across the globe. Various security measure including digital door lock systems is incorporated on a considerable scale in order to curb activities such as illegal interference or unauthorized trespassing. This allowed digital door locks systems market to reach a market of US$ 4.19 Bn in 2020. Perpetual growth in crime associated with break-in expected to encourage the growth of digital door market system with a CAGR of 27.2% throughout the forecast period from 2021 to 2029.
The global bacteriophage market is expected to grow at compound annual growth rate (CAGR) of 4.5%. Raise in incidence of antimicrobial resistance will lead to growth in Bacteriophage market in the upcoming years. According to Centers for disease control & prevention CDC at least 23,000 of people in the United States & around 33,000 people in Europe die due to antibiotic resistant infections.
Algorithmic Trading can be termed as an application powered by artificial intelligence and sophisticated algorithm to carry out trading decisions without any human intervention. Dynamics of trading sector are changing at brisk pace and new technologies such as algorithmic trading are giving a head start to trading institutes and financial organizations. This is one of the many several factors acting as a catalyst for the growth of algorithmic trading software.
Sinusitis treatment drugs market valued at about USD 2.1 billion in 2019 and expected to reach about USD 2.9 billion by 2029 with an estimated CAGR of 3% during the forecast period of 2021 to 2029.
The global cosmetic threads market held US$ 87.14 Mn in 2020 and expected to grow at compound annual growth rate (CAGR) of 6.9% during the forecast period from 2021 to 2029. The cosmetic industry is highly driven by growth in the medical device technology in the cosmetic and aesthetic space and growing consumer demand for minimally invasive procedures. Cosmetic threads are one of the growing minimally invasive cosmetic surgical technique which offers skin rejuvenation and tightening of sagging body parts including face, thighs, arms, and other body parts.
The global tissue banking market is growing fruitfully, was valued at US$ 2,113.9 Mn in 2020 and expected to reach US$ 4,688.6 Mn by 2029. Worldwide growing cardiovascular procedures, utilization of advanced equipment types for excessive storage and preservation of human cells & tissues drives the overall market growth.
The assistive technologies for visually impaired market is set to reach US$ 6,493.1 Mn by 2029 from US$ 4,064.4 Mn in 2020 at a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2021 to 2029. As per the latest research citing of The International Agency for the Prevention of Blindness (IAPB) approximately 36 million people throughout the globe are blind. In depth studies have noted that around 217 million people have severe to moderate visual impairment and desperately need assistive technologies for their care and support.
Friction modifier additives market projected to exhibit the CAGR of 3.5% during the forecast period from 2021 to 2029. Friction modifier additives are mixed with lubricants to maintain oil solubility and to enable film formation between contacting surfaces. The primary function of friction modifier additives is to enhance the lubricant’s coefficient of friction to mitigate the heat and friction between the contacting surfaces, which are in relative motion. The coefficient of friction across the contacting surfaces decides the amount of friction modifier required in lubricants. Friction modifiers are also known as boundary lubrication additives.
Immunization of livestock has been carried out worldwide for centuries and is also accepted as a cost effective measure of controlling infections. Until recently, vaccines were either live attenuated or inactivated organisms formulated with oil-based adjuvant; however these methods and formulations were not very effective.
