Biometrics Industry 2017 – Analysis, Statistics, Trends and Forecast Report by 2024

Biometrics industry is forecast to surpass USD 50 billion by 2024. The speculated figure is almost quadruple of its market valuation in 2016 recorded at USD 12 billion, which is deemed to be a positive indicator for the overall business growth.The evolving technologies in biometrics market are expected to provide groundbreaking solutions to the businesses by addressing security threats. Having marked its strong presence in the security landscape, biometrics industry is now rapidly paving its way in the industrial as well as the governmental systems. As this technology is based on the statistical analysis of biological data, the biometrics are … Continue reading Biometrics Industry 2017 – Analysis, Statistics, Trends and Forecast Report by 2024

3D Scanning Market in 3D laser scanning sector to grow at 14% CAGR from 2017 to 2024

3D Scanning Market size was over USD 3 billion in 2016, and to exceed $10bn by 2024. One of the most prominent 3D scanning market giants, FARO, has recently announced the release of the FARO FocusS 70, touted to be one of the most notable products of this organization in the laser scanner portfolio. The product is apparently quite accurate, and the short-range products are principally designed for professionals in the engineering, architecture, product design, construction, and public safety forensics sectors. FARO has been continuously improving its process portfolio and technologies to sustain its position in the competitive 3D scanning … Continue reading 3D Scanning Market in 3D laser scanning sector to grow at 14% CAGR from 2017 to 2024

Gas Sensors Market Present Scenario and Growth Prospects from 2017 to 2024

Gas Sensors Market size was over USD 2 billion, with more than 900 million units shipped in 2016. Gas Sensors Market size is set to exceed USD 2.8 billion by 2024; according to a new research report by Global Market Insights, Inc. The global shipments are forecast to grow at over 7% CAGR from 2017 to 2024. The gas sensors market is expected to gain momentum over the forecast timespan, owing to the increasing penetration across applications such as handheld and smart devices. Increasing adoption custom-designed sensors from oil & gas industry to ensure safe working environments is expected to … Continue reading Gas Sensors Market Present Scenario and Growth Prospects from 2017 to 2024

Vitamin A Market in dietary supplement sector to hit $275bn by 2024

Growing meat & meat products consumption mainly in China, Indonesia, Malaysia and the U.S due to high protein intake has driven beef industry growth. Vitamin A is an essential ingredient in cattle feed as it helps bone development, maintain digestive, reproductive tract lining and vision. Its deficiency may lead to decrease in immune system and increase disease susceptibility and lead to night blindness. Vitamin A Market size is estimated to grow at steady state owing to positive outlook in pharmaceuticals, skin care products and animal feed industry. It is naturally available in carrot, pumpkin, broccoli, sweet potato, chicken, cod liver … Continue reading Vitamin A Market in dietary supplement sector to hit $275bn by 2024

Palm Oil Derivatives Market Analysis Report, Trends, and Forecast, 2017-2024

Strong application scope in food & beverage industry should drive palm oil derivatives market size. Global food and beverages market was valued at over USD 115 billion in 2016 and may surpass USD 320 billion by 2024. Growing health consciousness related to trans-fat consumption have moved consumer preferences towards healthy diet should drive industry growth. They are used in wide range of food products including cakes, confectionery, emulsifiers, snack foods, pastry, and margarine. Palm Oil Derivatives Market size may grow significantly over the forecasted timeframe. it is widely used in food, biodiesel, cosmetics and personal care and surfactants will drive … Continue reading Palm Oil Derivatives Market Analysis Report, Trends, and Forecast, 2017-2024

Non-dairy Ice Cream Market Growth Outlook With Industry Review and Forecasts by 2024

Non-dairy ice cream market is a highly competitive industry as many new companies are penetrating to take advantage of its growing potential. It is costlier than milk based products and lack calcium that can constraint growth of its usage. Further, fluctuating raw material cost and availability provide challenge in production and pricing of product. Non-dairy Ice Cream Market size is envisaged to witness growth during the forecast years. It is an alternative to milk products and is consumed widely by young generation worldwide. Growing consumer health awareness is boosting demand of the product as these are healthier and have less … Continue reading Non-dairy Ice Cream Market Growth Outlook With Industry Review and Forecasts by 2024

Halal Product Market Analysis Report, Trends, and Forecast, 2017-2024

Halal product food segment is expected to dominate the overall industry share accounting for more than 50% share. Improved packaging coupled with increasing number of halal product manufacturers, cultural diversity across the globe and migration of population from Middle east nations are the key factors for fueling the industry demand. Halal Products Market size is driven by continuous growth of Muslim population across the globe coupled with increasing globalization. Muslim religion is second largest and fastest growing religion among the world. Global Muslim population is expected account for 25% of overall global population by 2030. Study showed that overall customer … Continue reading Halal Product Market Analysis Report, Trends, and Forecast, 2017-2024