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Automated Guided Vehicle Market Growth Supported by Logistics and Retail Sectors

  The global   automated guided vehicle market   size is expected to reach USD 9.18 billion by 2030, registering a CAGR of 9.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Automated guided vehicles (AGVs) have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, these vehicles ensure a predictable and reliable transfer of raw materials and manufactured products from one point to another within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machinery, and employees, as they are equipped with accessories, such as camera vision and LiDAR sensors, which help detect junctions, identify floor signs, and avoid collisions with any obstacle. For instance, in November 2021, Quanergy Systems, Inc., a U.S.-based company that offers an AI-powered LiD...
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Alcoholic Drinks Market Sees Shift Toward Health-Conscious Drinking Preferences

  The global   alcoholic drinks market   size is expected to reach USD 3,015.22 billion by 2030, and anticipated to grow at a CAGR of 9.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. This can be attributed to the growing demand for premium beer, wine, and dark spirits across the globe. Moreover, the growing trend to consume artisanal spirits is further anticipated to boost market growth during the forecast period. The increasing procurement of Scottish whiskey in Europe is a major factor in propelling market growth. Moreover, the growing demand for value-added cordials and liquors across the world is anticipated to boost business growth. Rising demand to procure cost-effective alcoholic cocktail products is expected to be an upcoming opportunity for the market. Hard seltzer segment is projected to register the fastest growth during the assessment period due to the rising demand for watermelon and cucumber craft hard seltzer in the U.S. and Ca...
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Healthy Snacks Market Boosted by Innovations in Functional and Fortified Foods

  The global   healthy snacks market   size is expected to reach USD 144.64 billion by 2030, registering a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness of health and wellness and an increasing focus on preventing lifestyle-related diseases have led to a surge in consumer interest in healthier snack choices. This has created a demand for convenient, nutritious snacks that can be enjoyed on the go. The market has responded with innovative and diverse product offerings that cater to these evolving preferences. Furthermore, social media has played a significant role in popularizing healthy eating trends and influencing consumer choices. In addition, workplaces are incorporating wellness programs that encourage healthier snacking habits, contributing to the growth of the market for healthy snacks. The growth of this market is strongly driven by continuous innovation and expanding product diversity. Manufacturers attem...
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Functional Drinks Market Strengthened by Shifting Consumer Dietary Preferences

  The global market for   functional drinks   was valued at USD 204.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. The growing awareness of the health benefits associated with functional drinks, which are enriched with health-boosting ingredients like amino acids, vitamins, and minerals, is expected to drive market growth in the coming years. Additionally, increased marketing efforts and innovative product introductions by key players are likely to further accelerate market expansion during the forecast period. The COVID-19 pandemic positively impacted demand for functional drinks due to the rising interest in products that boost immunity and offer other health benefits. A whitepaper from Kerry Group revealed that over 65.0% of consumers became more health-conscious after the pandemic. Moreover, the availability of functional drinks through e-commerce platforms, retail outlets, and grocery stores helped boost ...
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Recombinant Proteins Market Trends Reflect Growing Use in Drug Discovery Applications

  The global   recombinant proteins market   was valued at USD 3.02 billion in 2024 and is expected to grow at a CAGR of 10.2% from 2025 to 2030. The increasing prevalence of chronic conditions such as cancer, diabetes, and autoimmune diseases is anticipated to propel market growth. Additionally, the growing adoption of biopharmaceuticals, including monoclonal antibodies, vaccines, and therapeutic enzymes, is further contributing to the expansion of the recombinant proteins market. The numerous advantages of recombinant proteins are boosting their preference over natural proteins in research activities. These proteins can be produced with high yields, free of animal-derived contaminants, and with consistent batch-to-batch quality. Furthermore, their amino acid sequences can be easily modified, and unnatural amino acids can be incorporated as needed. Common recombinant proteins used in research include growth factor families such as fibroblast growth factors, vascular endo...
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Coffee Roaster Market Growth Accelerates with Increasing Coffee Shop Chains

  The global   coffee roaster market   was valued at USD 1,286.2 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. A major factor fueling this growth is the increasing global consumer preference for coffee consumption. Notably, consumers in the Asia Pacific region significantly contribute to the rising demand. Additionally, the growing preference for freshly roasted coffee is expected to further propel market expansion. According to the International Coffee Council, there has been a noticeable shift among consumers in East and South Asia towards favoring fresh coffee. The COVID-19 pandemic adversely affected many sectors, including the food and beverage industry. During this period, the coffee roaster industry experienced a decline, mainly due to reduced coffee consumption among consumers. Measures like the closure of cafes and restaurants and social distancing mandates during lockdowns led to decreased coffee co...
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Snacks Market Benefits from E-Commerce and Direct-to-Consumer Sales Channels

  The global   snacks market   was valued at USD 692.52 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is largely driven by the increasing trend of on-the-go consumption, especially among urban dwellers and younger consumers. A wide range of flavors and snack varieties has played a significant role in attracting consumers with diverse taste preferences. Additionally, a growing demand for healthier and more convenient snack options has become a key catalyst for market expansion. Consumer habits have notably shifted in recent years, with a stronger preference for snacks that are both portable and easy to consume. For time-constrained individuals, snacks that can be eaten during commutes or short breaks are especially appealing. As a result, the market has seen rising interest in snacks that combine convenience with taste and nutritional value. For instance, in June 2022, Kellogg’s Special K launched ...
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