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11 hours ago
- Automotive
- Yahoo
Middle East & Africa Industrial Gearbox Market worth $2.68 billion by 2030
DELRAY BEACH, Fla., June 10, 2025 /PRNewswire/ -- The global Middle East & Africa Industrial Gearbox Market is anticipated to grow from estimated USD 2.23 billion in 2025 to USD 2.68 billion by 2030 at a CAGR of 3.8% during the forecast period as a result of the growing demand for efficient and energy-saving mechanical power transmission in various industrial applications. The drivers of growth are the growth of primary industries like cement, mining, oil & gas, power generation, steel, and water treatment, all requiring heavy-duty and strong gear systems to sustain permanent and stringent operations. The increase in infrastructure development, manufacturing investments, and regional industrial diversification efforts, particularly Saudi Arabia's Vision 2030 and the UAE's Operation 300bn, drive demand for industrial gearboxes across segments. Introducing sophisticated, automated machinery with greater torque and speed demands is compelling the market toward high-performance and energy-efficient gearbox solutions, particularly in mining, food processing, and chemical segments. Browse in-depth TOC on "Middle East & Africa Industrial Gearbox Market" 119 - Tables 41 - Figures117 – Pages Download PDF Brochure: Parallel segment, by design, is expected to account for the largest market share during the forecast period The parallel shaft gearbox segment, owing to its design, is anticipated to account for the biggest market share within the Middle East & Africa (MEA) industrial gearbox market during the forecast period due to its high efficiency, compactness, and capability of transmitting huge torques with lesser energy loss. These gearboxes find themselves especially ideal for heavy-duty operations like use in cement facilities, mining activity, material handling, and power generation, all priority industries expanding in MEA. They are flexible enough to mount with a low footprint and capable of receiving high radial loads, which qualify them for fitment in highly space-restricted industrial installations prevalent in highly urbanized oil & gas and manufacturing units of GCC countries. In addition, parallel gearboxes' cost-effectiveness and operational longevity have rendered them a choice option for end users in Africa's emerging industrial corridors, where cost-conscious investments in machinery and infrastructure are paramount. As regional investments in renewable energy ventures, desalination facilities, and major infrastructure developments rise, demand for high-performance and scalable gearbox systems such as the parallel shaft type is anticipated to expand steadily, bolstering its position in the MEA industrial gearbox market. Helical segment, by type, is expected to be the largest segment during the forecast period The helical gearbox segment, based on type, is estimated to dominate the Middle East & Africa (MEA) industrial gearbox market through the forecast period owing to its greater load-carrying capacity, high efficiency, and smooth torque transmission in a broad spectrum of industrial applications. Helical gearboxes are characterized by their angled teeth design, which allows for smooth engagement of the gears, thus quieter operation and less vibration, making them best suited for mission-critical applications like oil & gas, power generation, cement, steel, and food processing—all of which are experiencing high growth in MEA owing to infrastructure spending and industrial diversification. These gearboxes are especially prized in settings where round-the-clock, high-performance operations are critical, like in Saudi Arabian petrochemical plants, UAE desalination plants, and South African mining activities. Moreover, with the region's increasing emphasis on renewable energy and heavy industry, the demand for robust and energy-efficient power transmission solutions such as helical gearboxes is gaining momentum. Their capacity to manage both high-torque and high-speed conditions and lower maintenance requirements compared to other gear types further explains their popularity, placing the helical segment in a position of being the leading type in the Middle East & Africa industrial gearbox market. Saudi Arabia is expected to be the largest country segment during the forecast period During the forecast period, Saudi Arabia is predicted to be the largest country-level market during the forecast period in the Middle East & Africa industrial gearbox market due to the country's commitment to economic diversification, industrial growth, and infrastructure projects under Vision 2030. The country is looking at non-oil developments such as mining, manufacturing, water treatment, renewables, and logistics, all requiring high-torque mechanical power transmission solutions. Mega project developments such as NEOM, Qiddiya, Red Sea Project, and various smart cities and industrial area developments will lead to rapidly increasing demand for high-performing gearboxes. Gearboxes will also see increasing demand as part of the localization of industrial manufacturing, as well as implementations of smart factory automation and energy-efficient technologies. The structured investment in the country, government-supported industrial plans, and recent efforts to modernize national infrastructure position Saudi Arabia as the best opportunity for the growth of the industrial gearbox market. Key Market Players Major industry players in the Middle East & Africa Industrial Gearbox Market are Siemens (Germany), Flender (Germany), SEW-EURODRIVE (Germany), Bonfiglioli (Italy), and Sumitomo Drive Technologies (Japan). These players strategically use product development, geographic expansion, alliances, and mergers to expand their market share and respond to the growing demand in the region for high-performance gearbox solutions. With MEA experiencing high growth in industries such as oil & gas, mining, cement, water treatment, and power generation, top companies are investing in creating energy-efficient, long-lasting, and application-specific gearboxes that provide maximum torque transmission under extreme operating conditions. Companies are also emphasizing modular and customized gear solutions designed to suit varied industrial environments in countries like Saudi Arabia, UAE, Egypt, and South Africa. Request Sample Pages: Siemens Siemens (Germany), for instance, has a significant regional presence and provides gearboxes via its Drive Technology business line, serving strategic applications like cement kilns, mining conveyors, wind energy, and desalination pumps. Its products focus on low-noise, high-torque, and low-maintenance operating modes to enhance performance and lower total cost of ownership. Flender Flender (Germany) is a leading company in industrial gear units, planetary gearboxes, and couplings, with high-performance products applied in cement plants, wind turbines, conveyors, steel mills, marine drives, and mining equipment. Its gearboxes are noted for reliability, load capacity, and modular construction, which qualify them for harsh operating conditions common in African mines and Gulf desalination operations. Flender has increased its footprint in South Africa and the UAE with localized assembly, after-sales services, and spare parts warehousing. For more information, Inquire Now! Related Reports: Industrial Gearbox Market Automotive Gears Market Get access to the latest updates on Middle East & Africa Industrial Gearbox Companies and Middle East & Africa Industrial Gearbox Industry About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets
Yahoo
a day ago
- Business
- Yahoo
Middle East Cybersecurity Market worth $26.04 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 9, 2025 /PRNewswire/ -- The Middle East Cybersecurity Market will grow to USD 26.04 billion by 2030 from USD 16.75 billion in 2025, at a CAGR of 9.2% during 2025–2030, according to a new report by MarketsandMarkets™. Browse in-depth TOC on "Middle East Cybersecurity Market" 434 - Tables 58 - Figures419 - Pages Download PDF Brochure @ Scope of the Report Report Metrics Details Market size available for years 2019–2030 Base year considered 2024 Forecast period 2025–2030 Forecast units Value (USD Billion) Segments covered Offering, Solution Type, Security Type, Services, Organization Size, Deployment Mode, Vertical, And Region. Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America Companies covered Major vendors in the Middle East Cybersecurity Market are Palo Alto Networks (US), IBM (US), Check Point (US), Cisco (US), Fortinet (US), Trend Micro (Japan), CrowdStrike (US), CPX (UAE), sirar by stc (Saudi Arabia), SITE (Saudi Arabia), Help AG (UAE), Mandiant (US), Eviden (Atos) (France), Trellix (US), SOCRadar (US), SAMI-AEC (Saudi Arabia), Paramount Computer Systems (UAE), Malwarebytes (US), Edge Group (UAE), Taqnia Cyber (Saudi Arabia), Gulf Business Machine (GBM) (UAE), Protiviti (US), Forescout (US), LogRhythm (US), Sophos (UK), Secureworks (US), McAfee (US), Cato Networks (Israel), Cyble (US), Group-IB (Singapore), Cyberani (Saudi Arabia), Recorded Future (US), KELA (Israel), Sejel Tech (Saudi Arabia), ValueMentor (UAE), MoroHub (UAE), CyberSec Consulting (UAE), Salam Technology (Qatar), CyberGate (UAE), CodeGreen (UAE), DTS Solution (UAE), SecurityHQ (UK), RAS Infotech (UAE), Security Matterz (Saudi Arabia), and Safe Decision (Saudi Arabia). The cybersecurity landscape in the Middle East is undergoing rapid changes due to several significant factors. National initiatives, such as the UAE's Smart Government programs and Saudi Arabia's Vision 2030, are driving a swift digital transformation in the region. This transformation has expanded the digital attack surface, making sectors such as oil & gas, finance, and critical infrastructure prime targets for sophisticated cyberattacks. Geopolitical tensions and state-sponsored cyber threats further complicate the situation, as nation-states increasingly use cyberspace as a tool to undermine rival economies and governments. Additionally, the development of smart cities, the rise of remote work, and the widespread adoption of cloud services have progressed more quickly than the implementation of robust security measures, exposing serious vulnerabilities. In response to these challenges, regulatory frameworks have tightened, as seen with the UAE's NESA and Saudi Arabia's ECC compliance mandates. These factors have led to significant investments in cybersecurity technologies, threat intelligence, and skill development, positioning cybersecurity not just as a technical requirement but as a strategic necessity for ensuring national security, economic resilience, and public trust in the Middle East. Request Sample Pages@ Based on offering, the services segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of the services segment in the Middle East Cybersecurity Market is driven by the diverse challenges posed by evolving cyber threats. The region has experienced a significant increase in cyber threats and attacks, leading to a heightened demand for cybersecurity solutions and services. The expanding landscape of eCommerce and digital payment solutions has further intensified the need for robust cybersecurity measures, which has propelled the growth of services that specialize in digital asset protection. Additionally, stringent regulations and compliance requirements in the region have mandated comprehensive cybersecurity services, ensuring adherence to robust data protection practices. Concurrently, ongoing digital transformation initiatives are increasing the demand for cybersecurity services that are essential for safeguarding digital assets and infrastructure. Furthermore, the rising demand for cyber insurance plays a significant role in boosting the services sector, establishing it as the fastest-growing segment in the Middle East Cybersecurity Market. By deployment mode, the on-premises segment will hold the largest market size during the forecast period. The on-premises segment accounts for the largest market share in the Middle East Cybersecurity Market for several reasons, primarily due to the critical importance of data privacy concerns. Organizations, especially government agencies and operators of critical infrastructure, prioritize data sovereignty and control over sensitive information. On-premises solutions provide greater control over data storage and processing, easing worries about cloud-based solutions potentially exposing data to foreign jurisdictions. Additionally, regulatory compliance in the region may restrict or discourage the storage of certain types of data in the cloud, further highlighting the importance of on-premises solutions in ensuring adherence to regulations. Security considerations also play a significant role; on-premises solutions offer customization, control over security policies, and offline functionality, ensuring uninterrupted operations during internet outages. Cost factors also contribute to the on-premises segment's dominance, as organizations often prefer predictable costs over recurring subscription fees. The limited cloud infrastructure in some parts of the Middle East further reinforces this trend. Moreover, existing infrastructure and investments, such as legacy systems and internal expertise in managing on-premises security solutions, solidify the strong position of the on-premises market in the region. Inquire Before Buying@ By country, Saudi Arabia will hold the largest market size during the forecast period. Saudi Arabia is expected to hold the largest market size in the Middle East Cybersecurity Market during the forecast period because of its aggressive digital transformation agenda, need to protect critical infrastructure, and robust regulatory push. Saudi Arabia has the largest economy in the region and is home to key industries such as government services, finance, and oil and gas. Consequently, it faces significant cyber threats, making cybersecurity a national priority. The Vision 2030 initiative has spurred massive investments in cyber resilience, promoting the widespread adoption of cloud computing and digital services. Additionally, cybersecurity has been institutionalized in both the public and private sectors through the establishment of specialized organizations like the National Cybersecurity Authority (NCA) and the implementation of mandated frameworks such as the Essential Cybersecurity Controls (ECC). These advancements, along with ambitious smart city projects like NEOM and a growing fintech and digital government sector, reinforce the country's status as the leading cybersecurity player in the region. Top Key Companies in Middle East Cybersecurity Market: The report profiles key players and other players such as Palo Alto Networks (US), IBM (US), Check Point (US), Cisco (US), Fortinet (US), Trend Micro (Japan), CrowdStrike (US), CPX (UAE), sirar by stc (Saudi Arabia), SITE (Saudi Arabia), Help AG (UAE), Mandiant (US), Eviden (Atos) (France), Trellix (US), SOCRadar (US), SAMI-AEC (Saudi Arabia), Paramount Computer Systems (UAE), Malwarebytes (US), Edge Group (UAE), Taqnia Cyber (Saudi Arabia), Gulf Business Machine (GBM) (UAE), Protiviti (US), Forescout (US), LogRhythm (US), Sophos (UK), Secureworks (US), McAfee (US), Cato Networks (Israel), Cyble (US), Group-IB (Singapore), Cyberani (Saudi Arabia), Recorded Future (US), KELA (Israel), Sejel Tech (Saudi Arabia), ValueMentor (UAE), MoroHub (UAE), CyberSec Consulting (UAE), Salam Technology (Qatar), CyberGate (UAE), CodeGreen (UAE), DTS Solution (UAE), SecurityHQ (UK), RAS Infotech (UAE), Security Matterz (Saudi Arabia), and Safe Decision (Saudi Arabia). Browse Adjacent Markets: Information Security Market Research Reports & Consulting Related Reports: Identity Verification Market - Global Forecast to 2030 Endpoint Security Market - Global Forecast to 2030 Anti-Money Laundering Market - Global Forecast to 2030 Supply Chain Security Market - Global Forecast to 2030 Operational Technology (OT) Security Market - Global Forecast to 2030 Get access to the latest updates on Middle East Cybersecurity Companies and Middle East Cybersecurity Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA: +1-888-600-6441 Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets
Yahoo
2 days ago
- Politics
- Yahoo
Hate thrives in silence. Society must stand against antisemitism
Florida continues to lead the nation in reported antisemitic incidents, according to the Anti-Defamation League. Palm Beach County, in particular, has seen a troubling rise in such cases, with 353 incidents reported in 2024, marking a 277% increase since 2020. This alarming trend underscores the urgent need for communities to confront and counteract hate in all its forms. The May 21st shooting outside the Israeli embassy in Washington, D.C. serves as a stark reminder of how unchecked hate can escalate into tragic violence. Closer to home, we've witnessed white supremacists delivering antisemitic rants during public comment at local government meetings, accompanied by hate group salutes. Such incidents, once considered fringe, are becoming disturbingly commonplace in public forums. In Delray Beach, we took decisive action by updating our civility rules to make it unequivocally clear: hate speech has no place in our chambers. Working alongside the city attorney and fellow commissioners, I helped lead this initiative, drawing on insights gained as an alumnus of the ADL's Glass Leadership Institute — a program that prepares emerging leaders to confront antisemitism and defend civil rights. The revised policy empowers our mayor to interrupt and remove individuals who use public comment to spread bigotry or intimidation. Our annual Grand Chanukah Festival has become a beloved tradition in Delray Beach, reflecting our city's proud embrace of diversity and Jewish heritage. But even as the celebration has grown, so too has the need for heightened security—an unsettling reminder of the ongoing threats our Jewish community faces. Whether in celebration or crisis, the Jewish community can always count on me to be a steadfast ally and advocate. As elected officials, we have a responsibility to stand firmly against antisemitism and all forms of hate. This means not only condemning such acts but also implementing policies that protect and uplift all members of our community. By fostering an environment of respect and understanding, we can ensure that Delray Beach remains a place where everyone feels safe and valued. Hate thrives in silence. It's incumbent upon each of us to speak out, take action, and uphold the principles of dignity and equality that define our community. Rob Long is vice mayor of the city of Delray Beach. This article originally appeared on Palm Beach Post: Rise in antisemitism needs a strong response from all Americans | Opinion
Yahoo
29-05-2025
- Business
- Yahoo
3D Printing Metals Market worth $3.62 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 29, 2025 /PRNewswire/ -- The report "3D Printing Metals Market by Metal Type (Titanium, Aluminum, Steel, Nickel & Cobalt, Other Metal Types), Form (Filaments, Powder), Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion, Other Technologies), End-use Industry (Aerospace & Defense, Automotive, Medical & Dental, Other End-Use Industries), and Region - Global Forecast to 2030", global 3D printing metals market is expected to reach USD 3.62 billion by 2030 from USD 1.19 billion in 2025, at a CAGR of 25.0% from 2025 to 2030. Continuous technological innovation in 3D printing drives growth in the 3D printing metals market. Technological advancements in additive manufacturing processes, including selective laser melting (SLM), electron beam melting (EBM), and direct energy deposition (DED), are greatly improving the precision, speed, and scalability of metal printing. These technologies are making it increasingly possible to manufacture intricate metal parts with lower material scrap and more affordable tooling than in traditional manufacturing. At the same time, the increasing availability of high-performance metal powders, such as titanium, aluminum, stainless steel, and nickel alloys, is broadening application opportunities across various industries, including aerospace, automotive, medical, and defense. Key factors driving this growth include a rising demand for lightweight, custom-designed parts, increased spending on research and development, and the growing use of digital manufacturing techniques. Additionally, government incentives and the push for sustainable production processes are also contributing to market expansion by encouraging businesses to incorporate additive manufacturing into their production workflows. Browse in-depth TOC on "3D Printing Metals Market" 200 – Tables120 – Figures300 – Pages Download PDF Brochure: Nickel & Cobalt registered the second-largest market share in 2024 in the metal type segment in terms of value Nickel & cobalt accounted for the second-largest share in the 3D printing metals market because they have a unique combination of mechanical properties, thermal stability, and corrosion resistance that is necessary for demanding applications. Nickel-based superalloys have a wide application in aerospace, automotive, and energy industries for turbine blades, exhaust systems, and structural components that are required to withstand harsh conditions. Cobalt alloys, in contrast, are essential in the medical industry for prosthetics and implants because of their biocompatibility and durability over the long term. With 3D printing's capacity to produce intricate, lightweight structures with these metals, they have become more appealing to minimize waste and optimize performance in mission-critical components. In addition, the constant evolution of high-performance metal powders and advancements in printing accuracy have further broadened their application, sustaining demand and solidifying their dominant market position following titanium. Directed energy deposition segment registered the second-largest market share in terms of value in 2024 Directed energy deposition (DED) represents the second-largest category in the 3D printing metals market by technology based on its flexibility, ability to suit high-value and large-scale applications, and capability to repair or add material to existing parts. In contrast to powder bed fusion, DED can use a variety of metal types and can print or repair intricate geometries directly onto parts, which makes it very useful for the aerospace, defense, oil & gas, and heavy machinery industries. DED is exceptionally well-fitted for the manufacturing of heavy structural components and for MRO uses, wherein it extends component life and saves considerable downtime and cost. The technology is also designed to support both wire and powder feedstock, thus allowing flexibility in material procurement and cost management. With industrial customers increasingly using additive manufacturing for new production as well as part refurbishment, DED's capacity to produce tough, high-quality metal components with low waste continues to fuel its rising market share. Request Sample Pages: Automotive segment accounted for the second-largest market share in terms of value in 2024 The automotive industry accounted for the second-largest share of the 3D printing metals market because of its growing applications for additive manufacturing in lightweighting, quick prototyping, tooling, and low-volume production of complex metal components. While the industry demands better fuel efficiency, lower emissions, and quicker product development, metal 3D printing provides enormous benefits, enabling the production of optimized, high-performance parts with less material waste and shorter lead times. This is especially useful in electric cars, motorsports, and high-end vehicles, where weight savings and customization are paramount. The technology is also finding more acceptance in the manufacturing of end-use metal components, solidifying its position in auto manufacturing even further. Asia Pacific accounts for the third-largest share of the 3D printing metals market in terms of value Asia Pacific accounted for the third-largest share of the 3D printing metals market in 2024 because of industrialization, increasing investment in cutting-edge manufacturing technologies, and high demand from major industries like automotive, electronics, and healthcare. China, Japan, South Korea, and India are aggressively upgrading their additive manufacturing capacity with the help of government programs and public-private collaborations. Though the region is yet to develop its high-end metal 3D printing expertise relative to North America and Europe, its scale of manufacturing, cost advantage, and increasing use of 3D printing in prototyping and tooling are propelling steady market expansion. With local industries further increasing capacity and embracing more advanced applications, Asia Pacific's contribution is likely to rise in the next few years. Request Customization: Key Players Prominent companies include 3D Systems, Inc. (US), Renishaw plc (UK), Stratasys Ltd. (US), General Electric Company (US), Carpenter Technology Corporation (US), Materialise (Belgium), Sandvik AB (Sweden), EOS GmbH (Germany), Nano Dimension (US), Nikon SLM Solutions AG (Germany), Proto Labs (US), Titomic (Australia), Höganäs AB (Sweden), Forward AM Technologies GmbH (Germany), and Pollen AM Inc. (France). Get access to the latest updates on 3D Printing Metals Companies and 3D Printing Metals Market Size Browse Adjacent Market: Mining, Minerals and Metals Market Research Reports & Consulting Related Reports: 3D Printing Plastics Market - Global Forecast to 2028 3D Printing Materials Market - Global Forecast to 2027 Plate and Tube Heat Exchanger Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Plant-based Supplements Market worth $42.27 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 26, 2025 /PRNewswire/ -- The plant-based supplements market is estimated at USD 27.52 billion in 2025 and is projected to reach USD 42.27 billion by 2030, at a CAGR of 9.0% from 2025 to 2030, according to a report published by MarketsandMarkets™. The plant-based supplement market is seeing strong demand beyond basic products like multivitamins and protein powders. Consumers increasingly seek specialized health options for weight loss, hormonal balance, mental well-being, and stress relief. This focus on personalized wellness has led to innovative ingredient combinations and various formats, such as powders, gummies, and capsules. Savvy consumers prefer products with transparent labeling, science-backed claims, and sustainably sourced ingredients, transforming plant-based supplements into essential components of tailored health regimens. The growth of e-commerce and direct-to-consumer businesses has also boosted their popularity, allowing customers to research, compare brands, and read reviews online. Subscription services and influencer marketing encourage repeat purchases and brand loyalty, while wider availability in health food stores, pharmacies, and supermarkets ensures market growth. As awareness of plant-based living rises, convenience and variety will continue to drive the market forward. Browse in-depth TOC on "Plant-based Supplements Market" 336 – Tables71 – Figures350 – Pages Download PDF Brochure: Protein supplements are estimated to account for a significant share of the market by product type Protein supplements are maintaining a significant market share in the plant-based supplement segment, fueled by a growing interest in clean, green, and allergy-free protein sources. As more people move away from animal products for health, ethical, and environmental reasons, plant-based protein alternatives like pea, rice, hemp, and soy have gained immense popularity. These sources provide exceptionally high nutritional value and improved digestibility, and are often enriched with amino acids to match the profiles of traditional proteins. Additionally, the rising trend of fitness, weight management, and active lifestyles among both flexitarians and vegans has greatly increased the demand for plant protein supplements. Their widespread use in meal replacements, sports nutrition, and functional foods drives their leading market share. The adults (18–64 years) segment holds a significant share in the market, by age group. The adults (18–64 years) segment represents a significant market share in the plant-based supplements industry, driven by rising health awareness and a proactive approach to well-being. Adults are increasingly choosing plant-based supplements to enhance immunity, energy, stress management, and overall wellness. With the prevalence of lifestyle diseases like obesity and diabetes, many are turning to natural remedies instead of conventional medications. This age group values clean-label, chemical-free products, reflecting a broader trend towards plant-based diets and sustainable living. They are also more open to new eating styles, such as vegan and flexitarian diets, which boosts demand for plant-based nutritional solutions. As a major part of the workforce, adults prioritize convenience and preventive care. Plant-based supplements are seen as practical aids for maintaining productivity and mental alertness in high-stress lifestyles. Social media and online retailers have raised awareness and access to these products, especially among tech-savvy consumers. Request Sample Pages: Based on region, Asia Pacific is projected to grow at a significant rate in the plant-based supplements market. The Asia Pacific plant-based supplements market is growing rapidly due to increased health awareness, a rising vegetarian and vegan population, and higher disposable incomes. Dominated by China, India, Japan, and Australia, consumers are opting for clean-label, nature-based supplements that enhance immunity, energy, and well-being. Health claims and organic certifications help build consumer trust. The market is expected to expand further, driven by innovations in plant-based supplements and proteins. In March 2024, the International Probiotics Association reported that the Asia Pacific region accounted for 42% of global probiotic supplement sales in 2023, amounting to USD 3.7 billion. With a CAGR of 15.8% from 2019 to 2023 and projected growth of USD 1.77 billion from 2024 to 2028, this region leads global demand for probiotics, surpassing other areas despite the U.S. holding the largest individual market. This trend reflects shifting consumer focus towards digestive health and plant-based wellness. As probiotics gain popularity, manufacturers will likely enhance their portfolios with plant-based ingredients, making Asia-Pacific a key growth market for functional supplements. The report profiles key players such as Nestle (Switzerland), Abbott (US), Glanbia PLC (Germany), Otsuka Holdings Co., Ltd. (Japan), Herbalife Ltd. (US), H&H Group (China), Jamieson Wellness Inc (Canada), NOW Foods (US), The Schwabe Group (Germany), Gaia Herbs Farm (US), Nordic Naturals (US), ProCaps Laboratories, Inc. (US), Sunwarrior LLC (US), Nutrex Hawaii (China), and Navitas Organics (US). Get 10% Free Customization on this Report: Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting Related Reports: Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Mode of Application (Tablets, Capsules, Liquid, Powder, Gummies/Chewables), Target Consumer, Function, Region - Global Forecast to 2029 Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola Oats, Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), by Application (Food & Feed) - Global Forecast to 2029 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets Inc.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Insight: Our Website: Source: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
