Valued at USD 22 billion in 2024, the ammunition market is projected to reach USD 22.77 billion in 2025 and USD 31 billion by 2034, growing at a CAGR of 3.50% during the forecast period 2025–2034. Polaris Market Research identifies Asia Pacific as the largest regional market in 2024. Key players include BAE Systems, CBC Global Ammunition, Elbit Systems, General Dynamics Corporation, Nammo...