The global surgical gowns market is expected to grow at a CAGR of 3.09% over the forecast period to reach US$3,040.535 million by 2030 from $1,702.758 million in 2025.
When in surgical procedures, medical surgeons and healthcare professionals wear special clothes called surgical gowns for protective purposes, where such gowns are used on patients to avoid many bacteria or infections that would further harm their health. That is provided on demand, and the dresses are made up of special fabrics such as cotton and woven polyester, which provide them with a higher degree of comfort.
Global market growth will be attributed to healthcare-acquired infections (Hais), increasing demands for patient safety and comfort, and soaring healthcare expenditures. For instance, seven patients in high-income countries and fifteen patients in low- and middle-income countries will get at least one HAI during their hospital stay out of every 100 patients in acute-care hospitals. Of affected people, approximately 10% will end up dying due to HAI.
Moreover, surgical gowns are highly useful in the control of HAIs, providing general protection against contamination. Acting as a barrier, they prevent the entry of bacteria and other microbiological illnesses into a patient’s body. Surgeons will advise these patients to wear such types of gowns before medical procedures, thus entailing their increase in growth over the forecast period.
Immediate medical attention after a traumatic incident, including traffic accidents. The hospital gown becomes a universally recognized outfit used by medical practitioners in their various examinations and treatments, as hospitals should provide gowns to these patients in emergencies. The increased number of accidents drives the demand for medical services, thus making it urgent to improve and expand healthcare facilities. Such an increase will likely heighten the demand for hospital gowns because of the advancements made in healthcare.
Additionally, classical surgical gowns, besides being very uncomfortable, make pediatric patients feel exposed or even ashamed during that already painful moment. Starlight Gowns are made from a luxurious fabric that is very nice to the skin. These gowns have easy access for medical procedures since they have plastic snaps on both the shoulders and ties on each side. Initiatives like this spread the industry like wildfire.
Another major driving factor in this market is the growing demand for comfort and safety in patients. Disposable and antimicrobial hospital gowns create a barrier between patients and potentially dangerous microbes and reduce the chances of infection, which is of utmost importance for patients undergoing surgery and for those with compromised immune systems.
The global surgical gowns market is segmented by fabric type into three major categories: cotton, polyester, and others. Hospitals and clinics have increased their interest in other options such as washable, breathable, and environmentally friendly surgical gowns. Hence for noncritical procedures, cotton is indeed a good option. Cotton gowns are eco-friendly and reusable, which resonates very well with the increasing focus of the healthcare industry on sustainable practices. Surgical gowns made of cotton are cheaper than some synthetic alternatives. Many institutions are opting for reusable cotton gowns to cut costs and reduce waste. Policies encouraging the utilization of eco-friendly materials in health care may increase the demand for cotton surgical gowns. Cotton gowns are generally the option of developing countries with limited resources because they are cheap but long-lasting.
The global surgical gowns market by gown type is segmented into surgical isolation, non-reinforced gown, reinforced gown, and others When there is a medium to high risk of contamination and larger critical zones are required than with standard surgical gowns, surgical isolation gowns are utilized. Similar to surgical gowns, surgical isolation gowns are governed by FDA regulations as Class II medical devices, which necessitate a 510(k) premarket notification.
Moreover, in low-risk or minimal-risk patient isolation scenarios, non-surgical isolation gowns are Class I devices designed to shield the wearer from the spread of bodily fluids and microorganisms. When there is a medium to high risk of contamination, non-surgical gowns are not worn during invasive procedures or surgeries.
The global surgical gowns market by usage pattern is segmented into reusable and disposable. Disposable gowns have been used in hospitals only once, so they are cost-effective. In terms of quality and safety, these gowns are highly recommended compared with reusables. Also, they do away with the conditioning, bleaching, and washing costs of reusable gowns. Disposable gowns are hypoallergenic and dermatologist-approved.
It sustains a sterile environment and maintains a germ-free participatory operating room. Normally, such gowns are used for single use, thereby reducing the chances of cross-contamination between patients and providers. Disposable gowns are also used to prevent the transfer of infections from one patient to another.
The global surgical gowns market by end-user is segmented into hospitals & clinics and ambulatory surgical centres. Surgical gowns, however, meet specific standards to be utilized in a variety of medical and surgical procedures. For example, manufacturers of surgical gowns must adhere to the FDA’s Recognized Consensus Standards, which include sterility and biocompatibility requirements. The European Committee for Standardization of the European Union has established similar rules. Such rules and regulations may impede the expansion of the surgical gown market globally.
Based on geography, the North American region of the global surgical gowns market is growing significantly. High-quality surgical gowns and other biomedical textiles are essential to the healthcare infrastructure of North America, especially in the US and Canada. The region’s market dominance is increased by the strict infection control regulations and regulatory agencies such as Health Canada and the FDA, which guarantee the efficacy and safety of medical textiles.
The demand for surgical gowns is further fueled by the high levels of healthcare expenditure and the prevalence of chronic diseases. Important market participants guarantee a consistent flow of surgical gowns, encouraging competition and innovation.
Moreover, medical textiles are also seeing technological breakthroughs, with continuous research fostering the development of novel surgical gown components, styles, and attributes. The dominance of the North American healthcare market affects both domestic and international market dynamics.
As a part of the report, the major players operating in the Global surgical gowns market that have been covered are Cardinal Health, CWS International GmbH, Molnlycke Health Care AB, O&M Halyard, Priontex, Cortex Products Solution Pvt. Ltd, Thermo Fisher Scientific, 3M, Medica Europe BV, Whelehan Group.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-surgical-gowns-market
The market analytics report segments the global surgical gowns market as follows:
- By Fabric Type
- By Gown Type
- Surgical Isolation
- Non-Reinforced Gown
- Reinforced Gown
- Others
- By Usage Pattern
- By End-User
- Hospitals & Clinics
- Ambulatory Surgical Center
- By Geography
- North America
- South America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- United Arab Emirates
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Taiwan
- Others
- Medical Bed Market Size
- Synthetic Surgical Glove Market Size
- Polyisoprene (PI) Surgical Glove Market Size
Artificial Intelligence In Banking Market size worth US$54.635 billion by 2029
Press ReleasesArtificial intelligence (AI) in the banking market is estimated to grow at a CAGR of 55.53% to attain US$54.635 billion in 2029, increasing from US$17.383 billion in 2024.
Artificial intelligence (AI) techniques play a major role in the daily lives of people which has prompted the banks to adopt the use of such technology to satisfy the needs of the users. This includes a rise in the need for mobile and internet banking services that are less complex owing to the availability of diverse software for different purposes. Due to the integration of different coherent AI technologies, banks can integrate digital advantages which will also make them suitable competitors to the FinTech firms. It is envisaged that AI will aid the extensive use of data analytics to enable banks to address issues of unauthorized transactions and meet their KYC regulatory compliance and controls.
The most recent trend being witnessed in the banking sector is the introduction of AI which will majorly fuel the market expansion. This is due to an increase in the need for faster services and ease of use by customers. AI in banking systems is aimed at improving the level of customer satisfaction, improving business processes as well as solving problems related to banking systems. Such technology helps in storing, and analyzing data in huge volumes and helping banks understand useful business information in less time. Moreover, the growth in compliance and a decrease in operational risk will enhance the embrace of AI in the banking sector.
The market is witnessing diverse collaborations and innovative technological advancements, for instance, in June 2024, NatWest launched Cora+, an upgraded version of its virtual Cora a conversational agent developed in partnership with IBM and oriented towards generative AI. The new adaptation was presented during London Tech Week and made the UK bank one of the first to integrate generative AI within a digital assistant. Cora satisfies the needs of the customers on a 24-hour basis and answers any questions relating to banking using common language processing and machine learning skills.
Based on the solution, the AI in banking market is divided into hardware, software, and services. Software is most likely to fuel the growth of AI in the banking market majorly because software is at the core of data processing, machine learning, and forecasting. Software is more flexible and amenable to changes than hardware thus allowing banks to meet their requirements as well as provide interoperability with the existing systems.
Based on the application, the AI in banking market is classified into customer service, robot advice, general purpose/predictive analysis, cyber security, and direct learning. It is expected that the deployment of general purpose/predictive analysis for activities such as intellectual fraud detection and customer risk profiling will enable AI in bank market to grow. Predictive analysis is dynamic and can encourage the efficiency and expansion of several banking operations. It aids superior judgment by comprehending extensive amounts of information and is capable of detecting trends beneficial to lending and investing for banks.
Based on geography, the AI in banking market is extending majorly in the North America region due to various variables. The North American region is expected to grow due to the increased adoption of fast-changing digital technologies like data analytics, AI, blockchain, the Internet of Things, cloud computing, and internet services in the region. Thus, this region will lead when it comes to the adoption of AI in the banking sector. In addition, the local market is anticipated to grow owing to the rising digitization of the banking industry within this region with the rise in regional players developing improved AI for the banking sector.
As a part of the report, the major players operating in the AI in banking market that have been covered are Zest AI, IBM, Data Robot Inc., Accenture, Personetics Technologies, Kensho Technologies, LLC, Wipro, Intel, SAP, Temenos, SAS, Abe AI and OSP Labs.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/artificial-intelligence-ai-in-banking-market
This analytics report segments the AI in banking market on the following basis:
Vegetable Seed Market size worth US$11.785 billion by 2029
Press ReleasesThe vegetable seed market is estimated at US$8.782 billion in 2024 and is anticipated to grow at a CAGR of 6.06% to reach US$11.785 billion by 2029.
Vegetable seeds are tiny embryonic plants covered with a protective seed coating. The seed requires a variety of conditions to grow and shape into a mature plant. Seeds of a vegetable have an embryo, endosperm, and seed coat as components. Vegetable seeds could be of different types depending on their growing season, namely, annuals, biennials, or perennials. Annual seeds complete their live cycle incorporating germination, development, blossoming, and seed production all within the same growing season, biennials require two seasons to complete their life cycle while perennials survive for a period more prominent than two years.
Various variables encourage the growth of the vegetable seeds market such as expanding health-conscious consumers adopting more vegetables in diets, and the significance of a healthy diet to avoid chronic illnesses. The rise in urbanization has moreover driven an increment in home planting and community gardens as a means of hobby. Cross-breed and genetically modified seeds are being developed, which is progressing yield, illness resistance, and dietary quality due to innovative advancements. Drone and sensor technology are enabling more precise seed planting and enhanced crop yields in agriculture. Moreover, increasing spending on premium vegetables is being supported by economic growth and rising disposable income, especially for high-quality fresh produce leading to a substantial shift from farm-saved seed multipurpose varieties to advertised brands of premium vegetable seeds with determinate characteristics.
The market is witnessing diverse collaborations and innovative technological advancements, for instance, BASF announced a collaboration with Plant Products to distribute Nunhems greenhouse tomato and cucumber seeds for indoor development within the Controlled Environment Agriculture (CEA) market. Beginning August 19, 2024, Plant Products plans to disperse these seeds for indoor utilize within the United States and Canada. This move marks a vital step towards expanding access to high-quality vegetable seeds for CEA cultivators.
Based on the type, the vegetable seeds market is divided into root bulb, solanaceae, brassica, leafy, and others. Solanaceae vegetable seeds are the leading segment in the global vegetable seeds market. Among all the vegetables such as tomatoes, peppers, eggplants, and potatoes are derived from Solanaceae vegetable seeds with widest applications in addition to their angles to cover high demand, yield production properties, and availability year-round. These crops are consumed as fresh salads, cooked dishes, processed products, or industrial products used in many different types of cuisines.
Based on the farm type, the vegetable seeds market is classified into indoor and outdoor. Outdoor farming is the major segment in the vegetable seeds market as increasing consumers tend to adopt fresh yields and the availability of good infrastructure. It needs vast land area, particularly in developing countries hence it requires low investment in infrastructure as well as lighting cost. Similarly, fresh vegetables and fruits are considered frequently superior in taste due to the outdoor growth of natural foods that are preferred by consumers.
Based on the trait, the vegetable seeds market is categorized into conventional and genetically modified. Conventional vegetable seeds contribute majorly to the vegetable seeds market as this demand is directly influenced by long-term safety and environmental considerations, consumers want conventional seeds over genetically modified seeds. Governments enforce a massive number of restrictions on genetically modified crops that drive up costs and make commercialization difficult for businesses.
Based on geography, Asia-Pacific is the fastest-growing region for the vegetable seeds market and is free from climatic variations as the production of vegetables in greenhouses is possible which accelerates the growth of the seeds. Driving the demand for vegetable seeds in the region is that it has the world’s largest population further demanding temperate and tropical food with a changing vegetable liking which is reflected in the demand for more vegetables. The demand for urban food production, as well as disposable income fuelling health-conscious purchasing decisions, has all contributed to an increased market size.
As a part of the report, the major players operating in the vegetable seeds market that have been covered are W. Atlee Burpee & Co., Mahindra Agri-Business, Bayer AG, Takii & Co. Ltd., Syngenta, Sakata Seed America, Kitazawa Seed Company, Corteva, Limagrain, Vokkal Seed, East-West Seed India, Rijk Zwaan India, German Seed Alliance, and BASF Agriculture Solutions.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/vegetable-seed-market
This analytics report segments the vegetable seeds market on the following basis:
Agrochemicals Market size worth US$372.472 billion by 2029
Press ReleasesThe agrochemicals market is anticipated to grow at a CAGR of 4.33% over the forecast period to reach US$372.472 billion by 2029, increasing from the estimated value of US$301.334 billion in 2024.
Agrochemicals are chemical items that are utilized in agribusiness to control pests, infections, and weeds to assist in growing plants way better and progress crop yield. A few of these chemicals are pesticides, herbicides, fungicides, nematodes, and fertilizers, utilized as plant development regulators. Even though they increment the efficiency of agribusiness, they also have environmental implications such as water contamination, harm to beneficial life forms, etc., and the new improvement and progression of herbicides and pesticide-resistant are rising due to pest resistance. There is a shifting trend within the industry for sustainable hones in agrochemical items.
The agrochemicals market is growing on account of the surging worldwide population which has made it basic to extend food production, subsequently making agrochemicals a fundamental part in boosting crop yield and securing crops. Effective agricultural hones are also vital due to urbanization and the shortage of land. In addition, climate change leads to more pesticide necessities since extreme climate can diminish an area’s crop yield and lead farmers to utilize a more prominent number of agrochemicals. Rising consumer demand for safe agro-food products meant the utilization of a broad range of agrochemicals. Agrochemicals are also needed in export markets where other countries have higher standards of quality measurements.
The market is witnessing diverse collaborations and innovative technological advancements, for instance, in May 2024, ADAMA Ltd, a world leader in crop protection products obtained registration for EDAPTIS®, a ready-to-use product for the broad-spectrum control of grassy weeds in Poland. This novel method indicates a higher efficacy in the fight against resistant populations and thus is to be viewed as an innovation for the European cereal herbicide market.
Based on the type, the agrochemicals market is classified into two main solutions which are fertilizers and pesticides. The fertilizers are further divided into nitrogenous fertilizers, phosphatic fertilizers, and potassium fertilizers, while pesticides are further divided into organophosphates, pyrethroids, biopesticides, neonicotinoids, and others. Fertilizers are expected to contribute majorly to the agrochemical market. The rising food demand with increasing awareness regarding soil health maintenance and intensifying agriculture pose the major factors propelling growth in fertilizers. Fertilizers improve soil fertility and nutrient status which results in increased crop yield. In addition, balanced use of fertilizers can improve the health of the soil and enable reducing other inputs to achieve sustainable agriculture.
Based on the crop type, the agrochemicals market is categorized into oilseeds, cereals, fruits and vegetables, and others. Cereals would be a major contributor to the Agrochemicals market. Rice, wheat, and corn amongst others are key cereals consumed by a global population leading to the majority usage of agrochemicals in their cultivation. Cereal crops such as maize and wheat are in high demand for livestock feed, human consumption, and industrial applications so, with a growing population and changing diet there is an increased requirement for cereals and thus yielding varieties with the help of agrochemicals.
Based on geography, the agrochemicals market is extending majorly in the North American region due to various variables. North American countries, especially the United States and Canada, are one of the largest economic regions that are more dependent on industrial agriculture due to conventional agriculture practices using high amounts of agrochemicals for crop protection. The area is very active on the agriculture innovation front with strong adoption of precision agrochemicals at site-specific levels. The industry benefits largely from the regulatory regime in North America that favors investment and innovation. The robust economy provides increased resources for agriculture which has driven the acquisition and utilization of agrochemicals.
As a part of the report, the major players operating in the agrochemicals market that have been covered are BASF SE, Corteva, Yara International ASA, Bayer AG, Syngenta Group, Israel Chemicals Limited, Nutrien Ltd., FMC Corporation, ADAMA Ltd., and Nufarm Ltd.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-agrochemicals-market
This analytics report segments the agrochemicals market on the following basis:
Surgical Gowns Market size worth US$3,040.535 million by 2030
Press ReleasesThe global surgical gowns market is expected to grow at a CAGR of 3.09% over the forecast period to reach US$3,040.535 million by 2030 from $1,702.758 million in 2025.
When in surgical procedures, medical surgeons and healthcare professionals wear special clothes called surgical gowns for protective purposes, where such gowns are used on patients to avoid many bacteria or infections that would further harm their health. That is provided on demand, and the dresses are made up of special fabrics such as cotton and woven polyester, which provide them with a higher degree of comfort.
Global market growth will be attributed to healthcare-acquired infections (Hais), increasing demands for patient safety and comfort, and soaring healthcare expenditures. For instance, seven patients in high-income countries and fifteen patients in low- and middle-income countries will get at least one HAI during their hospital stay out of every 100 patients in acute-care hospitals. Of affected people, approximately 10% will end up dying due to HAI.
Moreover, surgical gowns are highly useful in the control of HAIs, providing general protection against contamination. Acting as a barrier, they prevent the entry of bacteria and other microbiological illnesses into a patient’s body. Surgeons will advise these patients to wear such types of gowns before medical procedures, thus entailing their increase in growth over the forecast period.
Immediate medical attention after a traumatic incident, including traffic accidents. The hospital gown becomes a universally recognized outfit used by medical practitioners in their various examinations and treatments, as hospitals should provide gowns to these patients in emergencies. The increased number of accidents drives the demand for medical services, thus making it urgent to improve and expand healthcare facilities. Such an increase will likely heighten the demand for hospital gowns because of the advancements made in healthcare.
Additionally, classical surgical gowns, besides being very uncomfortable, make pediatric patients feel exposed or even ashamed during that already painful moment. Starlight Gowns are made from a luxurious fabric that is very nice to the skin. These gowns have easy access for medical procedures since they have plastic snaps on both the shoulders and ties on each side. Initiatives like this spread the industry like wildfire.
Another major driving factor in this market is the growing demand for comfort and safety in patients. Disposable and antimicrobial hospital gowns create a barrier between patients and potentially dangerous microbes and reduce the chances of infection, which is of utmost importance for patients undergoing surgery and for those with compromised immune systems.
The global surgical gowns market is segmented by fabric type into three major categories: cotton, polyester, and others. Hospitals and clinics have increased their interest in other options such as washable, breathable, and environmentally friendly surgical gowns. Hence for noncritical procedures, cotton is indeed a good option. Cotton gowns are eco-friendly and reusable, which resonates very well with the increasing focus of the healthcare industry on sustainable practices. Surgical gowns made of cotton are cheaper than some synthetic alternatives. Many institutions are opting for reusable cotton gowns to cut costs and reduce waste. Policies encouraging the utilization of eco-friendly materials in health care may increase the demand for cotton surgical gowns. Cotton gowns are generally the option of developing countries with limited resources because they are cheap but long-lasting.
The global surgical gowns market by gown type is segmented into surgical isolation, non-reinforced gown, reinforced gown, and others When there is a medium to high risk of contamination and larger critical zones are required than with standard surgical gowns, surgical isolation gowns are utilized. Similar to surgical gowns, surgical isolation gowns are governed by FDA regulations as Class II medical devices, which necessitate a 510(k) premarket notification.
Moreover, in low-risk or minimal-risk patient isolation scenarios, non-surgical isolation gowns are Class I devices designed to shield the wearer from the spread of bodily fluids and microorganisms. When there is a medium to high risk of contamination, non-surgical gowns are not worn during invasive procedures or surgeries.
The global surgical gowns market by usage pattern is segmented into reusable and disposable. Disposable gowns have been used in hospitals only once, so they are cost-effective. In terms of quality and safety, these gowns are highly recommended compared with reusables. Also, they do away with the conditioning, bleaching, and washing costs of reusable gowns. Disposable gowns are hypoallergenic and dermatologist-approved.
It sustains a sterile environment and maintains a germ-free participatory operating room. Normally, such gowns are used for single use, thereby reducing the chances of cross-contamination between patients and providers. Disposable gowns are also used to prevent the transfer of infections from one patient to another.
The global surgical gowns market by end-user is segmented into hospitals & clinics and ambulatory surgical centres. Surgical gowns, however, meet specific standards to be utilized in a variety of medical and surgical procedures. For example, manufacturers of surgical gowns must adhere to the FDA’s Recognized Consensus Standards, which include sterility and biocompatibility requirements. The European Committee for Standardization of the European Union has established similar rules. Such rules and regulations may impede the expansion of the surgical gown market globally.
Based on geography, the North American region of the global surgical gowns market is growing significantly. High-quality surgical gowns and other biomedical textiles are essential to the healthcare infrastructure of North America, especially in the US and Canada. The region’s market dominance is increased by the strict infection control regulations and regulatory agencies such as Health Canada and the FDA, which guarantee the efficacy and safety of medical textiles.
The demand for surgical gowns is further fueled by the high levels of healthcare expenditure and the prevalence of chronic diseases. Important market participants guarantee a consistent flow of surgical gowns, encouraging competition and innovation.
Moreover, medical textiles are also seeing technological breakthroughs, with continuous research fostering the development of novel surgical gown components, styles, and attributes. The dominance of the North American healthcare market affects both domestic and international market dynamics.
As a part of the report, the major players operating in the Global surgical gowns market that have been covered are Cardinal Health, CWS International GmbH, Molnlycke Health Care AB, O&M Halyard, Priontex, Cortex Products Solution Pvt. Ltd, Thermo Fisher Scientific, 3M, Medica Europe BV, Whelehan Group.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-surgical-gowns-market
The market analytics report segments the global surgical gowns market as follows:
The Rise of AI in Defense: Innovations Shaping the Future of Warfare
Thought ArticlesIn the global defense sector, artificial intelligence or AI offers key applications. The AI-based tools in the defense landscape can be integrated into multiple types of equipment to enhance their capabilities, like in surveillance systems. The AI-based tools and platform can also be integrated into radars, cameras, sensors, and various testing equipment, which offers a wide range of applications in the sector. In the defense sector, artificial intelligence also offers its application in cyber-security, recommission, and equipment manufacturing.
The growth artificial intelligence technologies and the integration of AI-based tools across multiple industries are expected to boost the application of AI in defense sector. Similarly, the increasing global investment in AI-based technology research and development is also expected to boost the capabilities of the platform across multiple industries. Various countries, and organizations across the globe introduced key investment schemes to develop AI-based technology, enhancing the capability and efficiency of the AI-based tools.
Use Case:
1. Increasing global cases of cyberattacks and data breaches
The growing global cases of cyberattacks and data breaches are among the key factors propelling the growth of AI-based platforms in the defense sector. In the cyber-security landscape, AI-based tools have the capability to detect and analyze any fraudulent activities and can help in monitoring cloud connections. The IT Governance UK, in its report, stated that in 2023, a total of 2,814 incidents of cyberattacks were recorded, with about 8.214 billion records breached. In the global cases of data breaches, about 3.8 billion data breaches were recorded in the DarkBeam, a UK-based organization, followed by the 1.52 billion data breaches of the Real Estate Wealth Network of the USA.
Figure 1: Global Cases of Record Breaches, Billion, 2023
Source: IT Governance, UK
2. Growing global defense expenditure
The growth in military expenditures across the globe is also expected to propel the demand for AI in the defense sector. With the growth in the global expenditure of the defense sector, the integration and research & development in the technological sector is expected to grow significantly. The Stockholm International Peace Research Institute, an international institute, in its report stated that in 2023, global military expenditure witnessed a growth of 6.8% from 2022, with total military expenditure recorded at US$2,443 billion. In the global military expenditure, the USA accounted for a total military expenditure of about US$916 billion, followed by US$296 billion of military expenditure of China, and US$109 billion of Russia. The military expenditure of China grew by 6% in 2023 over the past year, whereas the expenditure of Saudi Arabia and India, grew by 4.3% and 4.3% respectively.
The US Army, in its April 2024 press release stated that the US Army invested about US$50 million for the development of artificial intelligence and machine learning solution, which is under its AI/ML open-topic solicitation. Similarly, the Ministry of Defense of the UK stated that in its overall military expenditure, the Defence and Security Accelerator of the nation allocated about GBP 49 million, for about 249 projects.
3. Increasing investments in the AI sector
The growing investments in AI-based technological development by governmental organizations are also expected to boost the utilization of artificial intelligence in the global market. Various nations across the globe, like India, the USA, China, Japan, and Canada have introduced key policies and investment schemes, to propel the development of artificial intelligence. The policies are aimed to boost the research and development of the technology, and integration of AI-based tools and platforms across multiple industries, including defense.
For instance, the Ministry of Electronics and Information Technology of India, or MeitY introduced the IndiaAI 2023 policy, which is aimed to boost the development of artificial intelligence in the nation. The department further stated that the policy also aims to develop Responsible AI and Ethical AI for the nation. Similarly, in 2023, the US Government announced foreign assistance funding of about US$15 million, to develop artificial intelligence across the globe.
Key Developments
In the global defense sector, AI-based technology is expected to offer critical applications. The AI-based technology helps enhance the capability of multiple key defense sectors, which include surveillance, cybersecurity, manufacturing, and testing among others. With the growing governmental investments in multiple countries across the globe for the development of artificial intelligence technology, the utilization of the technology in the defense sector is also expected to witness significant growth.
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Top 10 Animal Feed Companies: Revolutionizing Animal Nutrition
Thought ArticlesAnimal feed is a cornerstone of modern animal husbandry, providing essential nutrients to livestock and poultry. This feed comprises various natural and manufactured ingredients tailored to the specific needs of different animals. A well-balanced diet is critical for enhancing animal health, reducing disease risk, and improving overall well-being. Furthermore, proper nutrition directly impacts growth, reproduction, and the production of milk, meat, and eggs.
The quality of animal feed is also a key factor in meeting consumer expectations for high-quality animal products. Feed formulations are carefully determined based on the animal’s species, age, production stage, available resources, and commercial considerations. The following sections highlight the leading global animal feed companies that are shaping the industry through innovative solutions, promoting sustainability, and helping to feed billions of people.
Get In-Depth Analysis of the Animal Feed Market
This article provides an overview of the top companies. Our full market report offers the granular data, competitive landscape, and strategic insights you need to navigate this essential market.
1. Alltech
1.1. Overview
1.2. Products and services
Table 1.2: Alltech, Products and Services
2. Cargill, Incorporated
2.1. Overview
Cargill Inc. is a leading global food corporation based in the USA. The company offers a wide range of products and services, including agriculture, animal nutrition, beauty, bio-industrial, food service, food & beverage, pharmaceuticals, and meat & poultry. In the animal nutrition market, the company provides innovative solutions for aquaculture, dairy, swine, poultry, and beef. Cargill also offers a variety of feed additives.
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2.2. Products and services
Table 2.2: Cargill, Incorporated, Products and Services
2.3. Key Developments
Table 2.3: Cargill, Incorporated, Key Developments
3. Kemin Industries, Inc.
3.1. Overview
3.2. Products and Services
Table 3.2: Kemin Industries, Inc., Products and Services
3.3. Key Developments
Table 3.3: Kemin Industries, Inc., Key Developments
4. Nutreco N.V. (SHV Holdings)
4.1. Overview
4.2. Products and Services
Table 4.2: Nutreco N.V. (SHV Holdings), Products and Services
4.3. Financial
Figure 4.3: NUTRECO N.V. (SHV Holdings), Financials
(In EUR Million)
Source: Annual Report
4.4. Key Developments
Table 4.4: Nutreco N.V. (SHV Holdings), Key Developments
5. Charoen Pokphand Foods PCL
5.1. Overview
5.2. Products and Services
Table 5.2: Charoen Pokphand Foods PCL, Products and Services
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5.3. Financial
Figure 5.3.A: Charoen Pokphand Foods PCL, Financials
(In THB Thousand)
Source: Annual Report
Figure 5.3.B: Charoen Pokphand Foods PCL, Geographical Revenues
(In THB Thousand)
(Source: Annual Report)
6. BRF S.A.
6.1. Overview
6.2. Products and Services
Table 6.2: BRF S.A., Products and Services
6.3. Financial
Figure 6.3.A: BRF S.A., Financials
(In REAIS Thousand)
Source: Annual Report
Figure 6.3.B: BRF S.A., Geographical Revenues
(In REAIS Thousand)
(Source: Annual Report)
7. Purina Animal Nutrition LLC.
7.1. Overview
7.2. Products and Services
Table 7.2: Purina Animal Nutrition LLC., Products and Services
8. New Hope Group
8.1. Overview
8.2. Products and Services
Table 8.2: New Hope Group, Products and Services
9. ADM Animal Nutrition
9.1. Overview
9.2. Products and Services
Table 9.2: ADM Animal Nutrition, Products and Services
9.3. Financial
Figure 9.3.A: ADM Animal Nutrition, Financials
(In US$ Million)
Source: Annual Report
Figure 9.3.B: ADM Animal Nutrition, Segment Revenues
(In US$ Million)
(Source: Annual Report)
Figure 9.3.C: ADM Animal Nutrition, Geographical Revenues
(In US$ Million)
(Source: Annual Report)
9.4. Key Developments
Table 9.4: ADM Animal Nutrition, Key Developments
10. Kent Nutrition Group
10.1. Overview
10.2. Products and Services
Table 10.2: Kent Nutrition Group, Products and Services
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Canned Fruits Market size worth US$16 billion by 2030
Press ReleasesThe canned fruits market is valued at US$12 billion in 2025 and is expected to grow at a CAGR of 5.41% over the forecast period to reach a total market size of US$16 billion by 2030.
Canned fruits are the easiest and most lasting methods of sensing taste along with nutrition in fresh fruits. The canning process includes heating fruits and then storing them in a sealed container such as a tin can, which can keep the taste, texture, and nutrient value of the fruit for an extended period. Such canned fruits include peaches, pineapples, cherries, pears, and applesauce. Some advantages of canned fruits are convenience, long shelf life, nutritional value, and low-cost affordability. They can be eaten directly without preparation, storing most nutrients from fresh fruits. They are also much cheaper than fresh fruits, especially in the off-season, since they can be sold on a seasonal basis.
Factors like convenience, long shelf life, health and wellness trends, and urbanization have increased the growth of the canned fruits market. Canned fruits have relatively longer shelf lives hence, food waste is reduced, while there is availability throughout the year. Modern canning methods preserve essential vitamins and minerals, making canned fruits a healthy alternative. Besides, they cater to diverse tastes since canned fruits are produced for varied types of diets. Urbanization has increased the demand for convenience and already prepared types of foods such as canned fruits. Consumers are preferring increasingly healthy, easy, and cost-effective food options, thus matching perfectly with canned fruits. Manufacturers are launching new products such as organic and low-sugar exotic fruits and advancing their packaging technology.
Since the rise of the canned fruits market, many companies are working to launch new products and technologies in the market to attract greater customers. For instance, in November 2022, Del Monte®, the biggest canned fruit brand in the UK, partnered with Lisa Faulkner, cookery author, and celebrity, to give shoppers some inspiring recipes using delicious and convenient canned fruit. The initiative is an appeal to the goodness of canned fruit, the benefits of eating it, and its nutritional value as part of everyday meals.
By product type, the canned fruits market is segmented into five major categories, canned peaches, canned cherries, canned pineapples, canned mandarin oranges, and others. Canned peach, which is popularly known to have health benefits, versatility, and yummy taste, is anticipated to have the biggest share among the five categories. Many recipes can incorporate the fruit, and as conscious consumers realize the health potential, they choose to incorporate the product in meals they enjoy with perhaps even fewer concerns about easy handling in a diet. Canned cherries, pineapples, and mandarin oranges also appear to be well-favored since they are rich in nutrients and are available. Moreover, with busy lifestyles, canned fruits such as peaches serve the consumer well.
The canned fruits market by distribution channel is segmented into grocery stores, supermarkets, and online. Supermarkets constitute the largest market share of canned fruits due to their extensive reach, varied product offerings, and established loyalty among customers. These are major channels for distribution since they provide services to a wider coverage of customers to purchase products such as canned fruits. They offer a variety of food products, including canned fruits, making it very convenient for customers to buy along with the grocery items. Thus, this makes it a reliable source of canned fruits.
Based on geography, the Asia Pacific region of the canned fruits market is growing significantly, because canned fruits are easier to handle and ready to use for consumers. Society has been changing rapidly in this region, and thus demand for processed meals like canned fruits is also growing. Shorter preparation times and rapid population growth are some of the most profound contributors to the demand for canned fruits. The Asia Pacific region countries moreover have been looking for healthier alternatives processed for long shelf life, with increasingly growing needs for ready-to-eat meals like canned fruits, thus promoting the regional market in the coming years.
As a part of the report, the major players operating in the canned fruits market that have been covered as Tropical Food Industries Co., Ltd., Del Monte Food Inc., Princes Limited, Rhodes Food Group, Langeberg & Ashton Foods, Dole Packaged Foods LLC, Vidya Sagar Food Pvt Ltd., and Jutai Foods Group Ltd, among others.
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The market analytics report segments the canned fruits market as follows:
Bio-based Polyvinyl Chloride Market size worth US$484.125 million by 2030
Press ReleasesThe bio-based polyvinyl chloride market is expected to grow at a CAGR of 4.81%, reaching a market size of US$484.125 million in 2030 from US$382.854 million in 2025.
Bio-based polyvinyl chloride is a kind of polyvinyl chloride (PVC) made from renewable sources such as biomass and biofuels. This elective to conventional PVC, which is essentially produced from petroleum-based ethylene and chlorine, decreases carbon emission, promotes sustainability, and progresses resource effectiveness. Biomass, such as agricultural squander and wood debris, can be utilized to create the ethylene required for PVC generation. This strategy goes along with the rising request for environment-friendly items and materials, working towards a more sustainable future by assisting to conserve non-renewable resources.
The market for bio-based polyvinyl chloride is encountering significant development due to several variables. These incorporate decreased dependence on fossil fuels, lower carbon footprint, and improved biodegradability. Governments around the world are implementing stringent environmental regulations and providing tax cuts to promote the adoption and advancement of bio-based PVC. rising consumer request for sustainable items and progressed brand reputation are driving companies to embrace bio-based PVC. Innovative progressions are advancing production processes, driving more productive and cost-effective generation strategies. Moreover, the rising employment of bio-based PVC in diverse industries such as the packaging material sector, consumer electronic component industry, and automotive industry of multiple applications is also promoting market expansion in the coming years.
The market is experiencing numerous collaborations and innovative technological progressions, for instance, in March 2024, Baerlocher USA and Innoleics signed a partnership agreement, which permitted Baerlocher USA to distribute Innoleics’ full line of bio-based plasticizers for flexible PVC applications in the U.S., providing clients more prominent approach to sustainable materials.
Based on the application, the bio-based polyvinyl chloride market is categorized into pipes, wires and cables, bags, bins, bottles, agricultural films, electrical and electronics, and other applications. The bio-based PVC market is anticipated to develop due to the rising use of pipes, wires, and cables which are influenced by factors such as the rising worldwide population with the increasing urbanization, and industrialization are driving requests for infrastructure ventures, such as water supply solutions and electrical networks. Bio-based PVC provides a greener choice to conventional PVC, inferred from fossil fuels, and regularly shows comparable or predominant execution characteristics, making it a reasonable substitute in different applications.
Based on type, the bio-based polyvinyl chloride market is classified into rigid and flexible. Rigid bio-based PVC is predicted to be a major contributor to the bio-based PVC market growth in the coming years due to its considerable utilization within the construction industry, especially in developing countries. The request for rigid PVC components in infrastructure-related works such as wastewater treatment plants, and electrical networks is expected to extend. The rising adoption of sustainable materials is additionally driving the demand for bio-based PVC in these applications.
Based on the end-user industry, the bio-based polyvinyl chloride market is divided into building and construction, automotive, healthcare, agriculture, packaging, and other end-user industries. The building and construction industry will witness a significant requirement for bio-based PVC contributing to fuel the market during the forecasted period. The industry will witness a rise due to growing infrastructure projects that incorporate the construction of residential and commercial buildings and transportation systems that boost construction material utilization such as pipes, sheets, floorings, and wires material among others, which promotes bio-based PVC employment.
Based on geography, the market for bio-based polyvinyl chloride is extending majorly in the Asia Pacific region due to various variables. This growth in the region is witnessed due to supportive government policies and rising industrialization in countries such as China, India, and Japan which promotes the demand for various bio-based PVC products in industries like construction, automotive, and packaging industries. In addition, rising infrastructure development with the growing population which requires consumer goods and sustainable housing facilities will also promote the regional market.
As a part of the report, the major players operating in the bio-based polyvinyl chloride market that have been covered are Vynova Group, Cargill, Tarkett, Teknor Apex, Avient Corporation, Orbia, ENSO Plastics, RENOLIT SE, Westlake Vinnolit GmbH & Co. KG, and Inovyn.
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This analytics report segments the bio-based polyvinyl chloride market on the following basis:
Artificial Sweetener Market size worth US$9.904 billion by 2029
Press ReleasesThe global artificial sweetener market is valued at US$8.492 billion in 2024. It is expected to grow at a CAGR of 3.16% over the forecast period to reach a total market size of US$9.904 billion in 2029.
Artificial sweetening agents, also known as non-caloric flavoured sweeteners (NNS), can be made synthetically or from plant extracts They have a sweet taste comparable to sugar and contain no calories. Examples of artificial sweeteners include aspartame, saccharin, cyclamate, ace-K, sucralose and stevia. The FDA considers these sweeteners safe for human consumption. Due to their low caloric content and lack of harmful effects on teeth or the ability to raise blood sugar levels they have found increasing popularity among those living with diabetes mellitus and people watching their weight. There are ongoing debates about the effect of the health of artificial sweeteners considering that some studies have linked them to cancer, obesity and other diseases.
The increased incidence of lifestyle diseases such as diabetes, are the major causes of artificial sweeteners. People are now searching for good substitutes for sugar since many have realized the impact of excessive consumption of sugar like diabetes, obesity and teeth-related problems among others. From now until then it is estimated that more than 80% of diabetics will reside in low-and middle-income nations, where this epidemic is expected to increase at its highest rate. For individuals trying to control their body weight or cut down on calories, artificial sweeteners provide options with no-calorie or low-calorie options. Correspondingly, various condiments, desserts, drinks and snacks contain artificial sweeteners manufactured by food and beverage firms. For instance, PepsiCo and Coca-Cola use artificial sweeteners in making diet versions of their drinks as a strategy for enticing health-conscious customers. Moreover, this has led pharmaceutical firms to use artificial sweeteners in prescribed drugs, personal care products and animal feeds which is subsequently pushing up its market price. Additionally, lifestyle disease prevalence coupled with increased demand for low-calorie and sugar-free products is expected to cause immense growth within artificial sweetener trades.
The global artificial sweetener market, by type, is divided into six types- Aspartame, acesulfame K, saccharin, sucralose, neotame, and others. The US Food and Drug Administration states that aspartame is 200 times sweeter than sugar as it is a rare chemical compound that contains just the methyl ester of one specific dipeptide; wherein there are two amino acids namely hydrophilic aspartic acid (Asp) and hydrophobic phenylalanine (Phe).
Further, various reasons have contributed to the global acceptance of aspartame. To start with, its high sweetness intensity enables significant caloric intake reduction while maintaining taste quality. Hence, it proves to be the most effective cure for individuals seeking better health or weight loss. Its versatility is another advantage; besides being incorporated into baking and chewing gum, it can also be used in other types of foodstuffs or drinks like diet sodas or soft drinks.
The global artificial sweetener market, by application, is divided into five types: Dairy, beverages, confectionary and bakery, processed food, and others. To reduce the number of calories while maintaining the sweetness of different products, artificial sweeteners are frequently used in this sector. They are used to provide low-calorie substitutes for sugar-sweetened versions of various beverages, such as fruit juices, sports drinks, and diet sodas. Sweets, dairy products, confectionery items, and baked goods all contain artificial sweeteners to help consumers control their calorie intake or adhere to dietary restrictions.
Further, the processed goods segment of the artificial sweetener market is small but significant. Some of them entail an array of convenience and packaged foods where flavours are improved by the application of synthetic sugar-free sweeteners with little addition to calories. Usually, processed products such as ready-to-eat meals, sauces, dressings and snacks tend to contain these substances that attract health-conscious individuals who specifically look for low-calorie meal alternatives. Most manufacturers now produce extra low calorie processed foodstuffs but they have remained in less use than other sectors like beverage making.
During the projected timeframe, it is anticipated that the market for global artificial sweeteners will experience remarkable growth within North America due to the high incidence of obesity and diabetes in this country, which has led to its consumer culture being health conscious. The US Food and Drug Administration reported that as many as 60% of packaged foods as well as drinks contained artificial sweeteners in the year 2023. Also, according to the Centers for Disease Control and Prevention by 2024, around 42% of American adults would seek after low-calorie sweeteners actively while taking them as part of their diets. Furthermore, strict regulations on the amount of sugar in products and beverages support the region’s dominance by incentivizing producers to use artificial sweeteners.
The research includes several key players from the global artificial sweetener market, such as B&G Foods, Inc., Ajinomoto Co, Inc., Roquette Frères, ADM, Cargill Inc., Ingredion Incorporated, Tate & Lyle, DuPont, NutraSweet Company, Tereos SA, GLG Life Tech Corporation, Sweegen.
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The analytics report categorizes the global artificial sweetener market using the following criteria:
Chemical Surface Treatment Market size worth US$6.691 billion by 2029
Press ReleasesThe chemical surface treatment market is valued at US$4.946 billion in 2024 and is projected to grow at a CAGR of 6.23% over the forecast period, reaching up to US$6.691 billion by 2029.
Surface treatment is the process or technique through which a surface of any object or material is cleaned or treated for further use. Various types of chemicals are used for surface treatment, like coating, activators, corrosion protection, and blackening. The chemical surface treatment offers multiple benefits to the consumers, as these treatment helps to remove impurities, scale build-ups, or rust. These types of chemicals are also used to add a protective layer over the surface to enhance the resistance to corrosion.
With the increasing market demand for the chemical surface treatment market across the globe, various companies and organizations have invested to attracts new growth. For instance, in December 2023, DuPoint and Nippon Paint Taiwan, partnered together to launch PVF solution and PVF coating solutions. These solution offers an optimum surface protection solution against corrosion, fading, and other wear. Similarly, in October 2022, BASF, a global chemical organization, launched its new Chemetall Innovation and Technology Center in China, for the surface treatment solution.
The chemical surface treatment market, by product, is segmented into plating chemicals, conversion coating, activating agents, paint strippers, cleaners, metal working fluids, and others. In the product segment of the chemical surface treatment market, the conversion coating category is estimated to attain a greater market share. The conversion coating or chemical conversion coatings is a type of surface passivation used to modify the surface of any metal. The conversion coating process creates a metal oxide layer on the metal surface, which further helps protect the metal surface from rust, corrosion, and other environmental wear and tear. Conversion coating also offers multiple benefits, like anodizing, Alodine, and passivation of steel and aluminum metals among others. In the automotive industry, the conversion coating increases the protection against corrosion, and it also acts as an adhesion between pain and metal surfaces. Similarly, in the electronics industry, the conversion coating is applied to manufactured parts.
The chemical surface treatment market, by application, is segmented into metals coloring, corrosion inhibitors, post-treatment, pretreatment cleaners, pretreatment conditioners, decorative, planting, and others. The corrosion inhibitors category of the application segment of the chemical surface treatment market is projected to grow at a greater rate as compared to another category in this segment. A corrosion inhibitor is a type of chemical that is used to reduce the corrosion of any metal surface. The corrosion inhibitors are mostly used in multiple industries like aerospace, defense, industrial, infrastructure, and automotive. In the aerospace and defense industry, corrosion inhibitors are used as a protective coating over aerospace and defense equipment like airplanes, which improves their capability of corrosion protection. Similarly, in industrial settings, these chemicals are used on the machinery to protect them from corrosion and increase the lifespan of the machinery.
The end-user segment of the chemical surface treatment market is categorized into building & construction, transportation, aerospace & defense, household appliances, industrial machinery, electronics, paints & coatings, and others. Under the end-user segment of the chemical surface treatment market, the household category is estimated to attain a greater market share. In the household application, multiple types of surface treatment chemicals are used, which include surface disinfectant, floor disinfectant, and surface cleaner. With the rising global cases of bacterial and fungal diseases, the market demand for chemical surface treatments for the household sector is estimated to grow significantly.
Based on geography, the Asia Pacific region of the chemical surface treatment market is anticipated to observe significant growth, as the region offers a rapidly developing industrial landscape. Various countries in the regions like India, Vietnam, and Bangladesh have witnessed a rapidly developing industrial sector in the region, majorly with increasing governmental investments. In industrial settings, chemical surface treatments are used for adding protective layers to the machinery. The region is also among the biggest producers of automotive and electronics components, which offers a key application for chemical surface treatments, pushing the market forward. Countries like India, China, Japan, Taiwan, and Vietnam are among the biggest producers across the globe of automobiles and consumer electronics.
The research includes several key players from the chemical surface treatment market, such as Chemtall (BASF), Colombia Chemicals, NOF Corporation, Atotech (MKS Instruments, Inc), PPG Industries Inc., Nippon Paint Holdings Co., ltd, Syensqo, Nihon Parkerizing Co., Ltd., Aalberts Surface Technologies, DOW, Henkel AG & Co. Ltd., and Quaker Chemical Corporation.
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This analytics report segments the chemical surface treatment market as follows: