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Showing posts from August, 2020

Increasing Demand for High Yield From Crop Production to Drive the Growth of Metal Chelates Market

The global market for metal chelates was valued at USD 357.0 Million in 2015, and is projected to grow at a CAGR of 8.54% from 2016, to reach USD 619.5 Million by 2022. The  metal chelates market  has grown exponentially in the last few years. Decrease in soil quality and pH level, increasing demand for high production and growing awareness about the nutrient deficiencies and its impact are the major drivers for the market. On the basis of type, the market for metal chelates is segmented into primary nutrients, secondary nutrients, micronutrients, and other nutrients (amino acid, humic acid & fulvic acid). The micronutrients was the largest segment in 2015, followed by primary nutrients. The micronutrients is also the fastest growing segment during forecast period. Download PDF Brochure The fruits & vegetables, on the basis of crop type, is projected to grow at a significant rate during the forecast period. As fruits and vegetables are the sensitive crops, they can get complete

Global Grain Silos and Storage System Market Trends, Analysis and Forecast

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T he global grain silos & storage system market size is estimated to be valued at USD 1.3 billion in 2020 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 4.8% during the forecast period. The growth of the grain silos and storage system market is driven by factors such as the increase in production of high-quality grains through effective storing, and efficient post-harvest management of grains to drive the market growth.  Download PDF Brochure The on- and off-farm grain storage capacity has reached nearly 20% in the last few years, according to the US Department of Agriculture, with some of the major gains of more than 30% in North and South Dakota in North America, as farmers had switched to corn, which yields nearly twice as many bushels per acre than the area’s traditional wheat crop. Thus, firms, such as CTB, which is a subsidiary of Warren Buffett’s Berkshire Hathaway Inc. (US), are developing advanced metal grain storage silos that are used a

Growing Use of Advanced Farming Technologies to Drive the Growth of Complex Fertilizers Market

The " Complex Fertilizers Market  was valued at USD 44.03 Billion in 2016. It is projected to grow at a CAGR of 6.5% from 2017, to reach a projected value of USD 54.32 Billion by 2022.   The growth in the complex fertilizers market is driven by advanced farming technologies that ensure safe and reliable application of complex fertilizers. Hence, complex fertilizers will be viewed as a business opportunity in the next five years. As a result, many multinational players have made investments to increase their production capacity and to produce various complex fertilizers that are crop-specific. Download PDF Brochure The rise in awareness about health and wellness, growth of the organic food industry, and the significant increase in the price of chemicals have played a huge role in providing the necessary boost to the global biofertilizers industry, which acts as a restraint for the complex fertilizers market. The uncertainty in prices leads to challenges in production planning and s

Non-GMO Segment is Expected to Dominate the Textured Soy Protein Market

The global textured soy protein market is estimated at USD 1.58 Billion in 2016; it is projected to grow at a CAGR of 9.5% from 2017, to reach USD 2.73 Billion by 2022. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022. The basic objective of the report is to define, segment, and project the global market size for the textured soy protein market based on type, source, application, and region. Download PDF Brochure Non-GMO textured soy proteins are high protein products that are also rich in dietary fibers, minerals, contain no cholesterol, lactose, or casein, and are free from microbiological contamination. The organic segment is projected to grow at the highest CAGR during the forecast period. Natural textured soy proteins are extracted from organic soy, in the form of isolates, concentrates, and flour, and find wide-scale application in snacks, nutritional supplements, meat alternatives, and extenders. The demand for organic soy protein is

Natural antioxidants to be the fastest-growing segment in the food antioxidants market

Food antioxidants are a class of compounds with the property of preventing oxidative rancidity in various food products; hence, they are used for the preservation of food products such as processed foods, dairy products, meat, seafood, oils, beverages, and bakery. F&B manufacturers across the globe use food antioxidants to maintain the nutrients, color, flavor, and texture of their products. Owing to the increasing demand for prepared food products in emerging markets like India, China, and Brazil, the market offers potential growth opportunities to the market players in the near future.  Download PDF Brochure The   " Food Antioxidants Market   by Type (Natural, Synthetic), Form (Dry, Liquid), Source (Plant, Petroleum), Application (Fats & Oils, Prepared Foods/Meat/Poultry, Beverages, Bakery & Confectionery, Seafood), and Region - Global Forecast to 2022" , The food antioxidants market was valued at USD 1.05 Billion in 2015. It is projected to grow at a CAGR of 5.

Growth in the Wine Industry to Drive the Tartaric Acid Market

The report  " Tartaric Acid Market  by Source (Grapes & Sun-dried Raisins, Maleic Anhydride), Type (Natural, Synthetic), Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products), and Region - Global Forecast to 2022" , The tartaric acid market is estimated to be valued at USD 215.7 Million in 2017 and is projected to reach USD 285.6 Million by 2022, at a CAGR of 5.77%. The market is driven by multiple functionalities across different industries, R&D and technological innovations, and growth in the wine industry. Download PDF Brochure The tartaric acid market, by application, was dominated by the food & beverages segment. It is also projected to grow at the highest CAGR during the forecast period, followed by the pharmaceuticals segment. Consumption of tartaric acid in food & beverages is expected to grow, along with the increasing demand for processed food and ready-to-drink beverages, and improvements in living standards in

Aquatic animals segment dominated the fishmeal & fish oil market

The  " Fishmeal & Fish Oil Market  by Source (Salmon & Trout, Marine Fish, Crustaceans, Tilapia, Carps), Livestock Application (Aquatic Animals, Swine, Poultry, Cattle, Pets), Industrial Application (Fertilizers, Aquaculture, Pharma), and Region - Forecast to 2022" , The global fishmeal & fish oil market is estimated to be valued at USD 9.50 Billion in 2017 and projected to reach USD 14.28 Billion by 2022, at a CAGR of 8.50% from 2017. Download PDF Brochure The global fishmeal & fish oil market is projected to grow due to factors such as rising use of fishmeal & fish oil in swine and poultry diets and improving productivity and performance of aquaculture. With the rise in aquaculture production, large amounts of fishmeal are diverted from terrestrial livestock feed to aquatic feed. Fish oil is the principal source of both energy and essential fatty acids ; therefore, its usage in the aquaculture industry has increased. Fishmeal & fish oil offer many be

Arsenic testing to dominate the Heavy Metal Testing Market

The heavy metal testing market is estimated to be valued at USD 2.53 Billion in 2017 and is projected to reach USD 3.65 Billion by 2022, at a CAGR of 7.6% from 2017. The market is driven by factors such as growing incidences of heavy metal contamination in meat & meat products due to contaminated animal feed, active involvement of government & regulatory bodies to monitor heavy metal levels in food & environment, and globalization of food trade. The need for heavy metal testing in animal feed and the launch of cost-effective rapid technologies for faster and reliable test results provides new growth opportunities for market players. Download PDF Brochure Arsenic is widely used in food colorants that are used in various food products, particularly in meat and fishes, to provide a fresh appearance to food products. The International Agency for Research on Cancer (IARC) has declared arsenic as a human carcinogen, due to the increased incidence of cancers among people exposed

Feed mycotoxin binders and modifiers Market Dynamics

  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.  Download PDF Brochure Feed mycotoxin binders and modifiers Market Dynamics Drivers There are over 500 identified mycotoxin strains in the world, including aflatoxins (B1, B2, G1, G2, and M1), ochratoxin A, deoxynivalenol, and fumonisins that are the major mycotoxins found in livestock feed. The incidences of disease outbreaks, owing to them are on the rise. All the regions in the world, developed or developing, are susceptible to the harmful impact of these mycotoxins. According to the FAO study, about 25% of the crops produced across the globe contain mycotoxins. Thus, to improve the health a

Individual Quick Freezing (IQF) Market: The North American region is projected to grow at the highest CAGR

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The global individual quick freezing market is estimated at USD 15.59 Billion in 2017 and is projected to reach USD 20.82 Billion by 2022, at a CAGR of 5.9% during the forecast period. The market is driven by factors such as growth in availability of non-seasonal food products . The fruits & vegetables segment accounted for the largest market share in 2016. Fruit & vegetable consumption is essential to meet the daily nutritive requirements of the body. Asia Pacific, Africa, and Latin America are the key producers of fruits & vegetables. With the growing demand for frozen fruits & vegetables, a number of companies are manufacturing processing equipment along with freezing lines, which can process a wide range of products and provide extended shelf-life. Download PDF Brochure The North American region is projected to grow at the highest CAGR during the forecast period. The countries covered in the North American region are projected to be the fastest-growing markets for

Increase in focus on the reduction of post-harvest losses to Drive the Growth of Agricultural Fumigants Market

The global  agricultural fumigants market  size was valued at USD 1.52 Billion in 2016. It is projected to grow at a CAGR of 4.10% from 2017, to reach USD 1.94 Billion by 2022.  Download PDF Brochure The reduction of post-harvest food losses is a critical component for ensuring food security. Post-harvest losses arise from freshly harvested agricultural produce undergoing changes during handling. Post-harvest losses are a measurable reduction in foodstuffs and affect both quantity and quality. According to the UN DESA (United Nations Department of Economic & Social Affairs) report the global population is expected to reach 9.7 billion by 2050, further adding to global food security concerns. Thus, food availability and accessibility can be raised by increasing production and reducing losses. Speak to Analyst Post-harvest losses can be avoided by undertaking fumigation for pest prevention. For example, the decay of citrus post-harvest is controlled by ammonia gas fumigation. Post-ha

Functional Food & Beverages Segment Holds Maximum Share of Insoluble Dietary Fibers Market

The insoluble dietary fiber market is projected to grow at a CAGR of 9.2% from 2017 to 2022, to reach USD 2.66 billion by 2022. Factors such as growth in demand for functional foods, rising consumer awareness through government health programs, and increase in health-consciousness among consumers are driving this market. Download PDF Brochure Key Market Dynamics in Insoluble Dietary Fiber Market Growth in demand for functional foods Changes in lifestyles and lack of time have led to high consumption of functional foods in countries around the world, especially in Asia. With growth in workload, busy lifestyles, and increase in the number of working women (considering women play a predominant role in preparing meals in households), the time and means to intake healthy food have reduced. This has resulted in the growing demand for products that offer balanced nutrition. Thus, the consumer demand for functional foods, nutraceuticals, and supplements has been increasing. As insoluble dietar

Asia-Pacific: The Fastest-Growing Market for Health Ingredients

" Health Ingredients Market  by Type (Vitamins, Minerals, Prebiotics, Nutritional Lipids, Functional Carbohydrates ,Plant and fruit extracts, Enzymes, Probiotic Starter Cultures, Proteins), Application , Source ,and Region - Global forecast to 2022" , In 2016, the health ingredients market was valued at USD 67.98 Billion and projected to reach USD 101.32 Billion by 2022, growing at a CAGR of 6.96% from 2017 to 2022. The market is driven by shift in consumer preference from nutrition-based to health-specific food and increasing incidences of chronic disease. Moreover, growing research & development activities and rising demand for fortified food & beverage and animal feed applications are also driving the market. Download PDF Brochure The prebiotic starter cultures segment is expected to be the fastest growing segment in the health ingredients market during the forecast period 2017-2022, due to increasing consumer awareness about various health benefits of consumption

Glufosinate Market: North America Projected to Register High Growth Rate

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The global glufosinate market is projected to grow at a CAGR of 9.25% to reach USD 2.34 Billion by 2022 in terms of value. On the basis of crop type, the global market is segmented into genetically modified crops and conventional crops. The genetically modified crops dominated the market owing to its major use in the production of various products and wider availability. Genetic modified techniques are widely used to make crops herbicide-resistant. Download PDF Brochure The global glufosinate market, on the basis of application, is segmented into agricultural and non-agricultural applications. The demand for glufosinate is expected to increase in the next few years due to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato that are genetically modified to tolerate glufosinate. The grains & cereals segment accounted for the largest market share in 2015. The forms of glufosinate considered for the study are liquid an

Increase in Demand and Consumption of Livestock-Based Products Driving the Livestock Grow Lights Market

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The market for livestock grow lights is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period.  Download PDF Brochure This is attributed to technological innovations and the adoption of smart livestock farming practices. However, the increase in the demand and consumption of livestock-based products and the rising focus on livestock growth and welfare together with the emphasis on livestock productivity drives the demand for using grow lights in livestock barns. The Asia Pacific market accounted for the largest share in the livestock grow lights market. The large market share in this region is attributed to the presence of large livestock population (FAO STATISTICS 2016) and their growth. Furthermore, the rising number of livestock farms and the growing size of existing farms are also projected to contribute to the large market of the Asia Pacific region. Speak to Analyst Key Market Players The major vendors in the globa

The food antioxidants market is growing due to increasing demand from the prepared food industry

Food antioxidants are a class of compounds with the property of preventing oxidative rancidity in various food products; hence, they are used for the preservation of food products such as processed foods, dairy products, meat, seafood, oils, beverages, and bakery. F&B manufacturers across the globe use food antioxidants to maintain the nutrients, color, flavor, and texture of their products. Owing to the increasing demand for prepared food products in emerging markets like India, China, and Brazil, the market offers potential growth opportunities to the market players in the near future. Download PDF Brochure The food antioxidants market is driven by factors such as the increase in demand from the prepared food industry and increasing end-use applications of food antioxidants. The key players in the industry are directing their growth strategies in emerging economies by enhancing their research capabilities to develop product portfolios and strengthen their distribution base. The m

Increasing Grain Production Drives the Demand For Grain Silos and Storage Systems

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The grain silos and storage systems market is estimated to be valued at USD 1.3 billion in 2020 and is projected to reach USD 1.6 billion by 2025, recording a CAGR of 4.8% during the forecast period. The growth of the grain silos and storage system market is driven by factors such as the increase in production of high-quality grains through effective storing, and efficient post-harvest management of grains to drive the market growth. Download PDF Brochure The key manufacturers in the grain silos and storage system market include AGCO Corporation (US), AGI (Canada), Silos Córdoba (Spain), PRADO SILOS (Spain), and Symaga (Spain) are some of the key service providers across the globe. Expansions and agreements, partnerships, and collaborations were some of the core strengths of the leading players in the grain silos and storage system market. These strategies were adopted by the key players to increase their market presence. It also helped them diversify their businesses geographically, s

Bottled Water Processing Market is Growing Due to Increasing Consumption of Bottled Water

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The bottled water market is estimated to account for nearly USD 206.0 billion in 2018 and is projected to grow at a CAGR of 8.4%, to reach nearly USD 308.5 billion by 2023. The market is driven by an increase in the consumption of bottled water, technological innovations in bottled water processing equipment, Government initiatives and increasing awareness about water and wastewater treatment processes. Additionally, stringent regulatory norms and standards for wastewater discharge are expected to increase the demand for ultrafiltration and reverse osmosis filtration technologies during the forecast period.   Download PDF Brochure “Increase in consumption of bottled water is driving the overall market” Bottled water is considered an easy way to remain hydrated and helps in maintaining a healthy diet. In 2017, according to the IBWA (International Bottled Water Association), the per-capita consumption in the US exceeded 42 gallons in 2017, while the intake of carbonated soft drinks reduc

North America: Lucrative market for opportunities for glufosinate

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The glufosinate market is estimated to be valued at USD 1.37 Billion in 2016, and is projected to grow at a CAGR of 9.25% from 2016 to 2022. Glufosinate finds wide applications in agricultural and non-agricultural sectors. Factors such as its broad weed spectrum and high efficacy has fueled the growth of this market. Download PDF Brochure North America: Lucrative market for opportunities for glufosinate North American region accounted for the largest share of the global glufosinate market in terms of value and volume. The glufosinate market in North America is also projected to grow at a significant CAGR during the forecast period. This region comprises developed economies such as U.S. and Canada, where the U.S. is a key producer of various agricultural applications. There is growing awareness observed in the U.S. with regard to glufosinate products. Glufosinate is registered for use in crops such as almonds, apples, bananas, berries, canola, corn, cotton, grapes, potatoes, rice, soybe

North America Dominated the Processed Seed Market

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The processed seed market was valued at USD 51.63 Billion in 2016 and is projected to reach USD 91.32 Billion by 2022, growing at a CAGR of 10.2% from 2017, in terms of value. The seed processing equipment market was valued at USD 1.84 Billion in 2016 and is projected to reach USD 3.25 Billion by 2022 and growing with a CAGR of 0.2% from 2017.  Download PDF Brochure Seed processing is crucial to make seeds ready for sowing. The necessity to increase food production and shrinking arable land has increased the demand for processed seeds, and consequently, seed processing equipment. Higher acceptance and area under GM crop, the rise in globalized trade for processed seed, and growth in awareness in developing countries are other factors driving the growth of process equipment market for seed. North America dominated the processed seed market, while Asia Pacific accounted for the largest share in the seed processing equipment market North America is one of the most technologically advanced

Increased Trade of Agrochemicals to Drive the Agricultural Packaging Market

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The agricultural packaging market is estimated at USD 3.93 Billion in 2018, and is projected to reach USD 5.02 Billion by 2023, at a CAGR of 5.00%. The agricultural benefits associated with these packaging solutions are the major factors contributing to the growth of this market, globally. The market is driven by factors such as rising consumption of pesticides and fertilizers across the globe, increasing adoption of high barrier packaging materials for agrochemicals, increasing demand for extended shelf life of these products, and rising demand for biologicals across the globe owing to the increasing ban on chemical pesticides. Download PDF Brochure The agricultural packaging market is a relatively small sector of the industrial packaging market; significant evolution has been observed with regard to the packaging of chemical pesticides and fertilizers. Regulatory guidelines and R&D are the major factors that have been fueling the growth of this market. Application of PET and HDPE

Significant Growth Expected in the Incomplete Complex Fertilizers Market

The complex fertilizers market was valued at USD 44.03 Billion in 2016; it is projected to grow at a CAGR of 6.5% from 2017, to reach a projected value of USD 54.32 Billion by 2022. The rise in awareness about health and wellness, growth of the organic food industry, and the significant increase in the price of chemicals have played a huge role in providing the necessary boost to the global biofertilizers industry, which acts as a restraint for the complex fertilizers market. Download PDF Brochure The incomplete complex fertilizers segment is projected to be the fastest-growing type in the next five years as a result of an increase in awareness about multi nutrient complex fertilizers in the soil is driving the demand for this segment. Incomplete fertilizers are generally used to overcome specific nutrient deficiencies in the soil. They are usually less expensive than complete fertilizers and require more skill to use properly. Because of its moderately high supplement substance and i

Flavor Enhancers Market: Significant Growth is Observed in the Asia-Pacific region

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The flavor enhancers market is projected to reach USD 8.18 Billion by 2022, at a CAGR of 5.6% from 2017 to 2022. The market is driven by factors such as the growing consumption of convenience food & beverages across the globe, and high usage of monosodium glutamate in savory foods. On the basis of application, the flavor enhancers market is segmented by into processed & convenience foods, beverages, meat & fish products, and others (bakery, dairy, confectionery products, and condiments). The processed & convenience foods segment accounted for the highest market share in 2016. Flavor enhancers are used to enhance the umami taste in savory foods and hence its widest application lies in the processed & convenience foods. The market for convenience & processed foods is established in the developed regions, such as North America and Europe, which offer a stable growth for the market. Countries such as India and China witness a high consumption of MSG in processed fo

Textured Soy Protein: Preferred Alternative for Meat & Dairy Products

Textured soy protein, also known as textured vegetable protein, is derived from soy flour, soy concentrates, or soy protein isolates, and has major application as meat substitutes. As opposed to natural soy protein, textured soy protein is usually a defatted soy flour product, a by-product of soybean oil extraction.  The global textured soy protein market is estimated at USD 1.58 Billion in 2016; it is projected to grow at a CAGR of 9.5% from 2017, to reach USD 2.73 Billion by 2022. Download PDF Brochure According to the Soyfoods Association of North America (SANA), “textured soy protein (TSP) may be unflavored or meat/chicken flavored, may appear in chunks, slices, flakes, crumbles, or bits, and is sold at natural food supermarkets, food cooperatives, buying clubs, health food stores, or the natural foods section of traditional supermarkets. Increased soy crop cultivation in developing regions such as South America and Asia Pacific, in addition to the already widespread cultivation of