Food & Agriculture Trends

The feed packaging market is bifurcated into pet food and livestock feed packaging. 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. Download PDF Brochure The estimated largest market share of poultry feed is attributed to the large-scale production of poultry feed. The large-scale production of poultry feed is a result of its large-scale consumption, as, unlike beef and pork, it is devoid of religious concerns. Thus, the production of poultry for meat is projected to dominate and account for more than half the growth of all the additional meat produced

The global  nematicides market  size is estimated to account for a value of USD 1.3 billion in 2020 and is projected to grow at a CAGR of 3.4% from 2020, to reach a value of USD 1.6 billion by 2025.  Download PDF Brochure The growing demand for high-value crops alongside the increasing infestation of nematodes on crops are some of the factors driving the growth in the market. North America to be the largest market for nematicides during the forecast period.   The region is a host to some of the major players in the nematicides market such as BASF SE (Germany), Bayer AG (Germany), Syngenta (Switzerland), and Nufarm Ltd (Australia) who actively invest on new product launches that would cater to nematode attacks on field crops such as soybean, corn, and cotton which are majorly produced in countries such as the US and Mexico. The acreage which is being brought under field crops is growing due to increased international and domestic demand for these field crops. The adoption of genetically

The  Lactose-Free Products Market   size is estimated to be valued at USD 12.1 billion in 2020 and is projected to reach USD 18.4 billion by 2025, recording a CAGR of 8.7%, in terms of value. The growth and awareness among lactose intolerant population regarding self-diagnosis all across the globe is causing a rise in the demand of lactose-free products. Download PDF Brochure Based on type, the cheese segment of lactose-free products market is projected to witness significant growth rate during forecast period due to the increase in consumer interest and importance of lactose-free cheese as an ingredient in the food industry, as it offers similar nutritive values to regular cheese. In addition, it is among the popular and preferred breakfast ingredients, which is majorly consumed with breads and offer natural, as well as authentic taste. By form, the lactose-free products market is segmented into organic and inorganic. Low cost of products and ease in the processing of inorganic produc

The global drip irrigation market is projected to grow from USD 5.5 billion in 2020 to USD 9.3 billion by 2025, at a CAGR of 10.8%. The rise in the popularity of drip irrigation solutions can be attributed to government initiatives, water conservation activities, enhancement of production, and decrease in production cost. Markets such as China and India are among the key markets targeted by drip irrigation manufacturers and distributors due to the large agriculture sector driven by regional demand and exports that are adopting drip irrigation services in the region. Download PDF Brochure The Asia Pacific drip irrigation market is estimated to be the largest between 2020 and 2025 and is projected to grow at the highest CAGR. Asia Pacific was the largest consumer of drip irrigation in 2020. The region is marking a dramatic shift from the installation of basic irrigation facilities to the adoption of precision irrigation systems through technological upgrading. The focus of agriculture ha

The hydrocolloids market is estimated to be valued at USD 9.7 billion in 2020 and is projected to reach USD 12.6 billion by 2025, at a CAGR of 5.3% during the forecast period. The demand for hydrocolloids is driven by the rise in demand for convenience food from the food industry. The global market is growing due to the changing lifestyles and eating habits among consumers. The demand for hydrocolloids is also attributed to the consumer awareness on diet, nutrition, and natural products available. Download PDF Brochure The demand for hydrocolloids will rise post-COVID-19. The reason being that there has been an extreme shortage of hydrocolloids catering to the bakery, confectionery, dairy & dairy products, and meat & savory products. Post COVID-19, consumers will be able to buy food & beverage products that consist of hydrocolloids as an ingredient. The increase in consumer preference for convenience foods indirectly contributes to the rise in demand for hydrocolloids requi

  The Nutraceutical Ingredients Market   is estimated to be valued at USD 162.1 billion in 2020 and is projected to reach USD 227.5 billion by 2025, at a CAGR of 7.0%. The growth of the nutraceutical ingredients market is driven by the growth in the demand for fortified food owing to the increasing health consciousness amongst consumers. Download PDF Brochure The nutraceutical ingredients markets, by type, is estimated to be dominated by the probiotic segment in 2020. Probiotic ingredients have witnessed positive effects on the overall human health and are becoming one of the essential ingredients for various health & nutritional applications. Owing to which there is a wide range of probiotic-based applications in the functional food, functional beverage, dietary supplement, and animal nutritional industries. The dietary supplemet segment is projected to be the fastest-growing, by application, during the forecast period. Dietary supplements offer general health benefits such as imp

The Biofertilizers Market   is projected to reach USD 3.9 billion by 2025, from USD 2.3 billion in 2020, recording a CAGR of 11.6% during the forecast period. Rising awareness about the hazards of chemical fertilizers among consumers, soil degradation, nitrate emissions, along with government initiatives, is projected to witness significant growth during the forecast period. Download PDF Brochure Changing lifestyle and increasing buying power among consumers has increased the demand for biofertilizers. High adoption of advanced irrigation systems such as drip & sprinkler irrigation and widespread acceptance of biofertilizers among the farmers is further propelling the market growth. The farmers in this region are highly skilled in terms of knowledge and machinery. Due to the rampant use of chemical fertilizers, the fertility of the soil is declining. To maintain soil fertility as well as the yield of crops, farmers are sustainably opting for biofertilizers. North American countries

The frozen food market is estimated to account for about USD 244.3 billion in 2020 and is projected to reach a value of nearly USD 312.3 billion by 2025, growing at a CAGR of 5.0% from 2020. The retail food industry has witnessed significant growth over the past few years, globally.  Download PDF Brochure The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form an important growing outlet for frozen food products, owing to the latest trend of on-the-go consumption. The rising per capita income and increasing number of working women, globally, have further accelerated the market growth. The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form a significant growing outlet for frozen food products, owing to the latest trend of on-the-go consumption.

The flavor enhancers market, in terms of value, is projected to reach around USD 8.18 Billion by 2022, at a CAGR of 5.6% from 2017 to 2022. The market has been segmented on the basis of type, source, form, application, and region. Download PDF Brochure Increasing demand for convenience food & beverage products and rise in consumption of monosodium glutamate are the major driving factors of this market. The market for  flavor enhancers in Asia-Pacific was the largest in 2016, and it is projected to grow at the highest CAGR during the forecast period. The major driver for the growth of the market in the region is due to the growth of the food & beverage industry in emerging economies such as India and China. Stringent regulations and international quality standards for flavor enhancers is the major factor restraining the flavor enhancers market. For instance, the assessment of flavor enhancers is done for safety purpose before using them in food. These enhancers are strictly revi

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 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 dietary fibers form an essential ingredient in functional food products, their market is also inc

The market for food diagnostics is projected to grow from USD 13.5 billion in 2020 to USD 19.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. This is attributed to increasing instances of foodborne outbreaks, increasing number of food recalls, growth of international food trade and rising consumer awareness regarding food safety & quality. The initiatives taken by regulatory bodies to improve food safety across geographies is also projected to drive the market growth. Download PDF Brochure The rising concerns regarding the quality and safety of food products owing to an increase in the number of food recalls have led to increased emphasis on the microbiological quality and chemical analysis of food to ensure regulatory compliance for food safety. This has resulted in the introduction of legislations for rigorous testing of food products, which has further led to the growing demand for food diagnostics. These recalls indicate the trends

The  Lactase Market  is estimated to be valued at USD 217 million in 2020 and is projected to reach USD 298 million by 2025, recording a CAGR of 6.5%, in terms of value. The growing awareness among lactose intolerant population regarding self-diagnosis all across the globe offers potential growth for lactase enzyme, that helps in the production of lactose-free products. Download PDF Brochure The liquid segment of lactase market is projected to witness significant growth rate during forecast period. Liquid lactase enzyme accelerates chemical, biological, and metabolic reactions by altering a reaction’s efficiency and results in making the pharmaceutical products more efficient for human use. Also, it offers a higher activity and better functionality than the powder form. Also, it offers better solubility and helps lactose-free product manufacturers to produce good quality of products. By source, the lactase market is segmented into yeast, fungi, and bacteria. The increase in awareness a

The  global rodenticides market  size is estimated to account for a value of USD 4.9 billion in 2020 and is projected to grow at a CAGR of 5.0% from 2020, to reach a value of USD 6.6 billion by 2026. The impact of climate change on rodent proliferation alongside the increasing damage by infestation of rodents are some of the factors driving the growth in the market. Download PDF Brochure The changing climatic conditions are of significant importance in the market, as global warming leads to the change in the population dynamics of rodents and their ecosystems, as rodents breed prominently more in warmer climates. The proliferation of rodent population is related to climatic changes, which is a major international public health concern. Hantavirus infection is increasingly sensitive to climatic conditions. Rodent population responds more rapidly to favourable weather conditions, such as heavy rainfall, which could directly or indirectly proliferate rodent-borne pathogens, such as spiros

The global  organic yeast market  size is estimated to be valued at USD 364 million in 2020 and is expected to reach a value of USD 599 million by 2025, growing at a CAGR of 10.5% during the forecast period. Download PDF Brochure Factors such as increasing awareness among consumers about health & wellness, growing need to replace monosodium glutamate (MSG) as an additive in food products, and increased demand for organic food products across the globe is driving the growth of the market. With the increase in awareness among consumers about the benefits of organic food products, the retail sales of organic food products have increased. The US is one of the largest consumers of organic food products in the world, followed by Europe. The largest markets for organic food products in Europe are Germany, France, and Italy. Make an Inquiry According to a report by FiBl in 2017, the market for organic food products is growing in countries such as Brazil, Mexico, Chile, and Paraguay. Simila

The nutraceutical products market is projected to reach USD 404.8 billion by 2025 and was estimated at USD 267.4 billion in 2019, recording a CAGR of 7.2% from 2019. Key factors driving the nutraceutical products market include the increasing aging population and focus on preventive healthcare. In addition, increasing mandates pertaining to food fortification by government organizations is projected to reflect positively on the market growth. Download PDF Brochure The food segment dominated the nutraceutical products market. The increasing trend of on-the-go snacking and the rising demand for nutritional food products are factors projected to drive the demand for snacks products containing functional ingredients. Nutraceutical snacks products mainly include protein-rich snacks, dry nuts, grains, and bars. Other nutraceutical products under the snacks segment include granola bars and other nutritional bars. In addition, the growing trend of opting for protein-rich food products is proj

The global  tartaric acid market  is projected to reach USD 285.6 million by 2022, at a CAGR of 5.77%; in terms of volume, it is projected to reach 91.2 KT by 2022, at a CAGR of 4.50% during the forecast period.  Download PDF Brochure Tartaric acid is an odourless white crystalline powder, and can be extracted from fruits such as grapes, bananas, apricots, and tamarind. The major applications of tartaric acid include wine, fruit juices, baked food, pharmaceutical, which has garnered significant attention in the last few years. Tartaric acid is largely used in the wine industry to maintain the pH level in wines; and in bakery industry as a raw material for the manufacturing of food emulsifiers used for bread improvement. Tartaric acid also finds application as a food preservatives and flavor enhancer in the food & beverage industry. Make an Inquiry The major driver of the tartaric acid industry is its multifunctionality across different industries such as food & beverages, pharm

The global gluten-free products market   size is estimated to account for nearly USD 5.6 billion in 2020 and projected to grow at a CAGR of 8.1%, to reach nearly USD 8.3 billion by 2025. The gluten-free products market is driven by factors such as increased diagnosis of celiac diseases and rising adoption for special dietary lifestyles &  free form food products. Also, increasing availability of gluten-free products in organized retails is expected to propel the growth of this market in the coming years. However, high cost of gluten-free products compare to conventional gluten-containing products is hampering the market growth. Download PDF Brochure “Impact of COVID-19 on the current market size and forecast.”  The COVID-19 pandemic is projected to have a moderate and unfavorable impact on the global gluten-free products market. Due to the restricted supply chain activities, manufacturers are not able to procure the raw material and manufacture goods to cater to the demand. Additio

The incidences of disease outbreaks 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 and wealth of livestock and to produce maximum livestock performance, mycotoxin binders & modifiers are expected to be used by the livestock growers. Download PDF Brochure 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.    Key players in this market include include major players such as Cargill (US), BASF (Germany), ADM (US), Bayer (Germany), Perstorp

The  livestock grow lights market  is segmented on the basis of type as LED, fluorescent, incandescent, and high intensity discharge (HID). The growth of the LED segment is driven by the increased usage of LED due to longer durability, higher energy efficiency, minimal maintenance, fully dimmable features, availability of multicolor, high-speed response, and longer lifespan. Furthermore, by optimizing different spectrum levels and radiation, farmers could create lighting environment that is best suited for their livestock’s wellbeing. Download PDF Brochure The poultry segment is projected to witness the largest and fastest growth in terms of livestock production, in terms of value. This is attributed to the rising consumption of chicken and focus on the responsive growth of poultry population, which caters to the rising demand of consumers and the food industry. Asia Pacific is estimated to account for the largest share of the market in 2018. The market in the region is driven by the p

The global food antioxidants market has been segmented on the basis of type, form, source, application, and region. The food antioxidants market is projected to grow at a CAGR of 5.10% from 2017 to 2022 and is projected to reach USD 1.48 Billion by 2022. The key driving factors of the food antioxidants market include growth in the prepared food industry and increasing end-use applications of food antioxidants across segments such as prepared foods, meat & beverages, and bakery. Download PDF Brochure Key players identified in the market for food antioxidants include E.I. Du Pont De Nemours and Company (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (U.S.), Frutarom, Ltd (Israel), Barentz Group (Netherlands), Camlin Fine Sciences, Ltd. (India), Kalsec, Inc. (U.S.), and Kemin industries, Inc. (U.S.). These players have a strong presence in the global food antioxidants market. Expansions & investments,

The herbicide safeners market is projected to reach USD 1,206.7 million by 2023, from USD 851.8 million in 2018, at a CAGR of 7.22%. The market is driven by the increased use of herbicides, especially in the developing regions of Asia Pacific and South America. Additionally, with the growing concerns of herbicide injury to the target crops, safeners are used to reduce the crop damage without limiting their activity on the targeted weed species. Download PDF Brochure Using herbicides to eradicate weeds at an early stage helps in increasing the productivity and yield per unit, which has led to increased use among producers across the globe. However, in addition to killing weeds, herbicides also exert toxicity on crops. Herbicides can injure the main crop by damaging its shoots, foliage, flowers, and fruits. It can also lead to reduced yield, poor fruit quality, and can even cause death in plants. Herbicide injury to main crops may also result in the presence of chemical residues that can

The   tartaric acid market  is projected to reach USD 285.6 million by 2022, at a CAGR of 5.77%; in terms of volume, it is projected to reach 91.2 KT by 2022, at a CAGR of 4.50% during the forecast period. The major driver of the tartaric acid industry is its multifunctionality across different industries such as food & beverages, pharmaceutical, and cosmetics. Tartaric acid, as an ingredient, has immense usage in the pharmaceutical industry, especially after technological innovations such as micro-encapsulation. Make an Inquiry Tartaric acid is an odourless white crystalline powder, and can be extracted from fruits such as grapes, bananas, apricots, and tamarind. The major applications of tartaric acid include wine, fruit juices, baked food, pharmaceutical, which has garnered significant attention in the last few years. Tartaric acid is largely used in the wine industry to maintain the pH level in wines; and in bakery industry as a raw material for the manufacturing of food emulsi

The   slaughtering equipment market   is projected to reach USD 8.28 Billion by 2023 from USD 6.62 Billion in 2018, growing at a CAGR of 4.56%. Increase in demand for processed meat, lenient trade policies, and an increase in meat exports are some of the major factors that are expected to drive the demand for slaughtering equipment. The poultry segment dominated the market for slaughtering equipment in 2017, and this trend is expected to continue through the forecast period. The demand for poultry has been growing significantly worldwide, which led to an increase in demand for poultry slaughtering equipment such as killing, cut-up, deboning & skinning, and evisceration equipment. Most large-scale poultry meat producers use automated poultry slaughtering line for high capacity production. Download PDF Brochure On the basis of automation, the semi-automated line method segment dominated the market for slaughtering equipment in 2017. Semi-automatic slaughtering lines consist of some a

T he 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. Growing consumer inclination towards health food and fitness to influence the growth of the health ingredients market. 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 of probiotics. The multifunctionality of probiotics finds broad spectrum of applications such as animal feed, dairy beverages, and gut health function-specific food products. Download PDF Brochure The plant segment accounted for the largest share in the health ingredients market, in terms of value, in 2016. Plant-based health ingredients are a major source of vitamins, proteins, and other health ingredients for vegans and for the consumers with allergy with various animal deriv

T he textured vegetable protein market is estimated to be valued at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, recording a CAGR of 6.2%, in terms of value. The growing demand for meat alternatives, as well as the increase in heath awareness among consumers are propelling the demand of textured vegetable protein.  Download PDF Brochure Opportunities: Economical & Environment-friendly substitute to animal sourced food products Considering the growing health awareness among consumers, various food products such as meat patties and sausages are being replaced by plant-based/plant-infused meat products, which is expected to have a positive impact on the demand for  plant-based protein . According to The Food Science and Health Database Organization, in 2018, “22 million UK citizens now identify as being a ‘flexitarian,’ viewed not as a fad diet, but a permanent lifestyle choice, notably most popular among highly influential millennials.” Thus, the increa