Food & Agriculture Trends

The nutraceutical products market is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period. This is due to the increasing geriatric population, a rising number of chronic diseases, and growing consumer awareness about nutraceutical products. Download PDF Brochure The beverages segment is projected to be the fastest-growing segment due to the increasing consumer inclination towards healthy beverages fortified with several organic and nutraceutical ingredients, which is projected to drive the demand for functional beverage products. In addition, functional beverages serve the purpose of hydration, energy & rejuvenation, health & wellness, and weight management. Due to these factors, manufacturing companies are focusing on introducing new fortified functional beverages. The Asia Pacific market is projected to record the fastest growth in the market. Factors such as busy lifestyles have led to an increase

The Gluten-Free Products Market Is Projected To Account for USD 6.5 Billion By 2023 Changing lifestyles of consumers and growing awareness about the celiac disease have led to a surge in demand for FDA-certified health-enriching products. An increasing number of health conditions such as high cholesterol levels, obesity, and low energy levels have encouraged retailers to allocate products that align with the health requirements of consumers. To cater to the increasing demand for fat-free products, manufacturers focus on utilizing gluten-free ingredients in their products. According to MarketsandMarkets, the gluten-free products market is projected to account for a value of USD 6.5 billion by 2023, recording a CAGR of 7.6%. Download PDF Brochure The market, based on type, has been segmented into bakery products, snacks & RTE products, pizzas & pastas, condiments & dressings, and others. The market for bakery products is estimated to dominate in 2018, while the snacks &

The feed mycotoxin binders and modifiers market is estimated to account for a value of USD 2.4 billion in 2020 and is projected to grow at a CAGR of 3.0% from 2020, to reach a value of USD 2.8 billion by 2025. Increasing need of green adjuvants, improving efficiency and effectiveness of agrochemicals are some of the factors driving the growth of the feed mycotoxin binders and modifiers market.  COVID-19 Impact on the Global Feed mycotoxin binders and modifiers Market Amid the spread of Covid-19 pandemic the demand for meat products fell sharply, due to health concerns in the countries. Thus the production levels and prices of the products fell simultaneously. Regions such as Europe and North America, recorded losses of their feed businesses. China suspended the operation of 5 of its Brazilian swine meat processing units, as confirmed by the US National Pork Producers Council (NPPC).  Download PDF Brochure It also carried out similar operations in the European region and US, inorder to

Rise in need for food security for the growing population and increase in crop loss due to frequent pest attack, along with change in farming practices (from traditional to conventional), have been of importance to the growth of the global insecticide seed treatment market in agriculture. Insecticide seed treatment are used to achieve high-quality crop yield to cater to the increasing population and the consequently growing food demand. Hence, insecticide seed treatment will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered this market to produce various insecticide seed treatment that can be used for crops. The insecticide seed treatment market was valued at USD 2.73 billion in 2016. It is projected to grow at a CAGR of 11.3% from 2017, to reach a projected value of USD 5.04 billion by 2022. Download PDF Brochure Based on type, the chemical segment dominated the market with the largest share in the global insecticide seed

Increasing preference for products with natural ingredients, rising demand for functional food & beverage products, and growing application in the personal and cosmetic industries are some of the factors driving the growth of the proanthocyanidins market. Manufacturers in this market are focusing on developing proanthocyanidin products that cater to various applications such as healthcare, skincare, functional food & beverages, and pet nutrition. The proanthocyanidins market is estimated to account for a value of USD 198 million in 2019 and is projected to grow at a CAGR of 6.0% from 2019, to reach a value of USD 280 million by 2025.  Download PDF Brochure The pharmaceuticals & dietary supplements segment is estimated to account for the largest market share, followed by the functional food & beverages and personal care & cosmetics segments. With the rise in the aging population, consumers are becoming more conscious and aware of various diseases that can be prevent

The insecticide seed treatment market was valued at USD 2.73 billion in 2016. It is projected to grow at a CAGR of 11.3% from 2017, to reach a projected value of USD 5.04 billion by 2022. The increase in usage of seed treatment solutions on high-priced GM seeds, growth in the area under GM crops, increase in crop demand for biofuel and feed, and the use of insecticides as a low-cost crop protection solution are enhancing the market for insecticide seed treatment, globally. The growth in the insecticide seed treatment market is also driven by advanced farming technologies that ensure safe and reliable application of seed treatment formulas. Download PDF Brochure Based on type, the chemical segment dominated the market with the largest share in the global insecticide seed treatment market in 2016. The biological segment is projected to grow at a relatively higher CAGR from 2017 to 2022. The growth of the organic food market has led to the development of effective technologies for biolog

According to MarketsandMarkets, the oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rapidly growing demand for natural flavors in the food & beverage industry and the wide application of oleoresins in various other industries such as pharmaceuticals, personal care, and feed sectors are some of the key factors driving the growth of the market. Download PDF Brochure Among the different applications of plant extracts, the market is estimated to be dominated by the food & beverages segment from 2019 to 2025, owing to the wide usage of oleoresins that provide a natural flavor and fragrance in confectioneries and beverages.  Awareness among consumers about the benefits of consuming products infused with natural ingredients such as oleoresins is on the rise. Along with this, the rising awareness of the ill-effects of heavy doses of allopathic medicine, an increase

The increase in demand in the textile industry, adoption of cottonseed meal as feed for ruminants, and the rising number of surgeries and operations have been propelling the consumption of cotton, leading to the rising demand for cotton processing globally. The market for cotton processing is estimated at USD 59.7 billion in 2018 and is projected to grow at a CAGR of 4.0% from 2018 to 2023, to reach USD 72.6 billion by 2023. Cotton lint is widely used for manufacturing different types of surgical bandages, apparels, and household textiles. Over the years, the rise in urbanization and change in the lifestyle of consumers have led to an increase in the demand for textiles, which, in turn, is projected to drive the growth of the lint segment further. Download PDF Brochure The textile segment is estimated to account for the largest share of the global cotton processing market in 2018. The textile industry witnesses a significant demand for effective cotton processing techniques. Raw cotto

The market for feed packaging is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This is attributed to the feeding of traditional dry farms leftover to the livestock in the developing regions. However, with the growing demand for quality livestock products and the increasing production of feed and feed additives, this market is expected to grow at a higher rate in the coming years. Asia Pacific is the major revenue generating region, in the feed packaging market (for livestock).  The region is experiencing maximum developments in the feed production and packaging. With the rapid economic growth in the region, the demand for meat and dairy products is projected to increase, particularly in countries such as China, India, Japan, and Thailand for both domestic consumption as well as exports. This growing demand for meat and dairy products has led to an increase in feed production in t

The oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rapidly growing demand for natural flavors in the food & beverage industry and the wide application of oleoresins in various other industries such as pharmaceuticals, personal care, and feed sectors are some of the key factors driving the growth of the market.  Oleoresins are botanical extracts of essential oils and resin constituents. They form the flavor and aromatic profile of the plant from which they are extracted. Oleoresins are volatile or nonvolatile compounds obtained from spices using solvents. They prove to be more shelf-stable than the whole spice and can be custom-made to suit the requirements of the buyers. They are mainly used in processed foods such as soups, sauces, dressings, cheeses, chutneys, confectionery products, snacks, processed meat & seafood, baked food, processed vegetables, oth

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The rise in population has led to increased food demand, which in turn has led to increased pressure on farmers to increase yield and area harvested for various crops. However, global labor shortage in agriculture is one of the major factors leading to loss of yield due to improper maintenance and farming practices. To cater to this issue, farmers are highly adopting farm mechanization and other smart agriculture techniques to optimize their crop yields. Harvesting is one of the important phases of farming and requires great amount of bending and lifting through manual labor. Additionally, labor shortage affects the overall yield output. To cater to this issue, manufacturers have introduced autonomous harvesting robots that harvests fruits and vegetables with little or no human intervention. Although majority of the manufacturers have ha

Oleoresins are botanical extracts of essential oils and resin constituents. They form the flavor and aromatic profile of the plant from which they are extracted. Oleoresins are volatile or nonvolatile compounds obtained from spices using solvents. They prove to be more shelf-stable than the whole spice and can be custom-made to suit the requirements of the buyers. They are mainly used in processed foods such as soups, sauces, dressings, cheeses, chutneys, confectionery products, snacks, processed meat & seafood, baked food, processed vegetables, other dairy products, and beverages. Oleoresins are botanical extracts of essential oils and resin constituents. The global  oleoresins market   is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rising trend of using natural flavors in processed food and an increasing number of QSRs have led to a surge in demand for oleoresins. The rise in

The   dairy blends market   is projected to reach USD 3.56 Billion by 2022, at a CAGR of 8.1% from 2016. The growth in demand for low-fat spreadables is the main driving factor of this market. The market, based on type, has been segmented into dairy mixtures, dairy/non-dairy ingredients, dairy as functional ingredient, dairy as carrier, and others. Dairy/no on-dairy ingredients accounted for a largest market share in 2015. This type has a wide range of applications in different industries such as infant formula, dairy formulations, bakery, other dairy products, nutritional bars/nutritional formula, cocoa, and confectionery. Speak to Analyst The dairy blends market, based on application, has been segmented into ice cream, yogurt, infant formula, bakery, feed, butter & cheese blends, beverages, and others. The bakery segment accounted for the largest share of the market in 2015. Increase in health-consciousness, is fueling the demand for low-calorie bakery products among cons