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Market research forecasts indicate that the market, valued at USD 2,513.8 million in 2024, is expected to reach USD 2,605.4 million in 2025, demonstrating a year-on-year growth of 3.6%. Further, projections suggest that by 2035, the industry will surge to USD 3,856.6 million, expanding at a CAGR of 4.0% from 2025 to 2035.