Ammunition Market Share 2023 Trends, Growth, and Forecast by 2030

Global Ammunition Market report published by Accurize Market Research forecast that the global market is expected to reach $27 billion by 2025 from 17 Billion in 2017; growing at a CAGR of 6.1% from 2017 to 2025.

By geography, the Asia Pacific and North America are expected to grow at a CAGR of 6.8% and 6.1%, respectively, during the forecast period.Request Sample:https://www.accurizemarketresearch.com/report/ammunition-market/sample-requestIncreased government spending on the military to drive the marketIncreased spending by the government on military ammunition and rising threats from terrorist and cross-border disputes fuel the demand for the global ammunition market.

Moreover, the growing popularity of shooting as a sports activity and rising demand for ammunition used for training the various armed forces also boosts the growth of the market.Market SegmentationThe global Ammunition market is segmented based on the type, caliber, application, and geography.

Furthermore, the application is segmented into military, law enforcement and commercial.By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the world (RoW).

Asia-Pacific covers China, India, Japan, South Korea and Rest of Asia Pacific.

The rest of the World (RoW) covers South America, the Middle East, and Africa.

The global ammunition market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth.

With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each ammunition market player in a comprehensive way.

Further, the ammunition market report emphasizes the adoption pattern of the ammunition across various industries.Important regions covered in the ammunition market report include:North America (Canada, US)Latin America (Argentina, Mexico)Europe (NORDIC, UK)Japan and MEAAPEJ (China, India)On the back of increased participation in sports shooting, the global ammunition market is expected to grow 1.4x between 2019 and 2029.

Ammunition manufacturers are investing in product development such as light weight bullets using polymer casings which is driving mass-adoption among government agencies and consumers alike.

Rising global tensions pertaining to terrorism will garner increased traction from developing economies that wish to upgrade their defense capabilities to combat geopolitical insurgencies.

However, illegal sales of ammunition will continue to pose restraints in global ammunition trade.Key Takeaways of Ammunition Market StudyCenterfire ammunition will account for highest demand owing to its ability to withstand high pressures, facilitate re-use of casings, and enhanced safety features.Small Caliber ammunition will grow 1.5x during the forecast period as a result of high adoption from homeland security bodies and sport shooting consumers worldwide.Military and government bodies will drive a majority of growth in ammunition market as developing countries look to ensure national security and developed countries look to upgrade existing ammunition.North America holds largest market share since early adopters in this region maintain international dominance in defense systems.Rockets and missiles segment are expected to generate significant demand as North American economies such as the US take on upgradation of its nuclear capacity.You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=4535Small Caliber- Major Driver for Ammunition SalesSmall caliber ammunition presents lucrative growth opportunities for ammunition manufacturers.

The Global Ammunition Market is forecasted to be worth USD 28.81 billion by 2027, according to a current analysis by Emergen Research.

The key factors influencing the market growth include growing adoption of the ammunition for self-defense, rising domestic violence & terrorist activities, increasing interests in bird-hunting, usage of the ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.The Global Ammunition Market Report, published by Emergen Research, offers an industry-wide assessment of the Ammunition market, which is inclusive of the most crucial factors contributing to the growth of the industry.

The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2028.To get a sample copy of the Global Ammunition Market report, visit @ https://www.emergenresearch.com/request-sample/226Valuable Market Insights:The report highlights the latest trends observed in the consumption pattern of each regional segment.Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Ammunition market.The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.Global Ammunition Market Segmentation: MilitaryLaw EnforcementHuntingSportsTop competitors of the Ammunition Market profiled in the report include: Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.To learn more details about the Global Ammunition Market report, visit @ https://www.emergenresearch.com/industry-report/ammunition-marketKey Questions Answered in the Report:What is the growth rate of the Ammunition market?

What is the anticipated market valuation of Ammunition industry by 2027?What are the key growth driving and restraining factors of the Ammunition market?Who are the prominent players operating in the market?

What are the key strategies adopted by these companies?What are the key opportunities and growth prospects of the Ammunition industry over the forecast period?Which region is expected to show significant growth in the coming years?Region wise performance of the Ammunition industryNorth America Ammunition market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028.

Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Ammunition market growth.Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:United StatesEuropeChinaJapanSoutheast AsiaIndiaRequest customization of this report @ https://www.emergenresearch.com/request-for-customization/226Table Of ContentChapter 1.

The global ammunition market size is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers.

It is mainly occurring because of the ongoing technological advancement, as well as its ability to perform in a versatile way.This information is provided by Fortune Business Insights™ in a recent report, titled, ''Ammunition Market  Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027.” The report further mentions that the global market size was USD 25.46 billion in 2019 is projected to reach USD 29.96 billion by 2027, exhibiting a CAGR of 1.71% during the forecast period from 2020 – 2027.

Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.

They are as follows:BAE Systems (United Kingdom)CBC Global Ammunition (Brazil)Denel SOC Ltd (South Africa)General Dynamics Corporation (United States)Nammo AS (Norway)Nexter group KNDS (France)Northrop Grumman Corporation (United States)Olin Corporation (United States)Poongsan Corporation (South Korea)RAUG Group (Switzerland)Thales Group (France)Vista Outdoor, Inc. (United States) Study Period: 2016-2027 Base Year: 2019 Forecast Period: 2020-2027 Historical Period: 2016-2018 Drivers & Restraints:Increasing Political Unrest to Accelerate Growthmilitary artillery shells for sale are majorly utilized in rifles, shotguns, and handguns with a wide range of calibers.

Highlights of This Report:In-depth information regarding the growth drivers, trends, and barriers.Insights of the top companies operating in the market.Extensive analysis of all the segments present in the market, as well as their shares.Elaborate details about the competitive landscape including investments, novel product launches, mergers and acquisitions, agreements, contracts, and strategic collaborations  Segment:Military & Homeland Security Segment to Lead Stoked by Military Modernization InitiativesIn terms of application analysis, the market is bifurcated into military & homeland security and civil & commercial.

Additionally, an upsurge in the military upgradation program and high defense expenditure would bolster growth in this region.

Industry InsightsThe global Ammunition Market size is likely to reach USD 16.07 billion by 2024 and is anticipated to experience a noteworthy growth in the near future owing to the rising security concerns caused by the upswing in terrorist groups and activities.

Arms race has been observed in the developing economies of Pakistan, China and India which is presumed to thrust the demand over the forecast period.The market has been segmented into different products that primarily consist of rockets, bullets, mortars and others.

The majority of the share was captured by the U.S with 36%, followed by China with a share of 13% in 2015.Rising inclination towards hunting and sports activities has enhanced ammunition market.

In the context of R, innovation and production, the U.S ranks on top.Request a Free Sample Copy of Ammunition Market Report @ https://www.millioninsights.com/industry-reports/ammunition-market/request-sampleProduct InsightsThe major product segment in 2015 was bullets which accounted for 53.9% of the total market share.

Small caliber bullets utilized in domestic end-use is a key contributor in the segment.Domestic end-use utilizes numerous armories which comprises of rifles, handguns, pistols and shotguns.

Upsurge in procurement of armories can be attributed to the upswing in terrorist activities or terrorism.End-Use InsightsCivil or domestic was the most noticeable segment which accounted for 74.5% of the total revenue share.

The global ammunition market size is expected to reach USD 27.64 billion by 2027, according to a new report by Radiant Insights, Inc.

The Indian Army is planning to increase the number of artillery and mortar platforms over the next ten years through indigenous development programs and foreign procurement thereby contributing to the demand for ammunition over the forecast period.

In addition, rising hostilities in Middle East nations are expected to supplement the regional demand.

Advancements in ammunition technologies, such as the replacement of brass-case bullets using polymer-case bullets are projected to offer notable growth opportunities to the market.

The use of polymer material is projected to reduce the weight of ammunition by 40%, while maintaining its impact, thereby making it lighter and consistent as compared to conventional bullets.

Rising warlike situations supplemented by heightening geopolitical pressures across the globe is leading to an exponential rise in stockpiling trends in the global ammunition market.

The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.

It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.

Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.

Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.

Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.

Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size  By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.