Food & Agriculture Trends

The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2019 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025.  The growing number of microbreweries, as well as brew pubs, have significantly driven the market for brewery equipment. The other factors responsible for driving the global brewery equipment market is increasing consumer preferences for artisanal and craft beer as compared to traditional beer or other alcoholic beverages. Further, product innovations in the brewery equipment market have led to the growing need for updated and sustainable brewery equipment by beer manufacturers. Download PDF Brochure In the macrobrewery equipment market, the fermentation equipment segment is projected to be the largest market in 2025. During the fermentation process, the wort is kept in the tanks for few weeks and acid is released as a byproduct, due to which, there are increasing chances of tank deterioration. In ...

The distillers’ grains market is estimated to be valued at USD 10.8 billion in 2018 and is projected to reach USD 14.9 billion by 2023, at a CAGR of 6.8% from 2018 to 2023.   Download PDF Brochure  Factors such as distillers’ grains being a favourable alternative to traditional feedstock, and growth in the organized livestock sector is expected to drive market growth. Traditionally, crops such as corn, wheat, and rice are used as feedstock, since they are an efficient source of protein and energy for livestock. Distillers’ grains, especially DDGS, are fed to livestock as an alternative to commodity crops such as corn and wheat. Distillers’ grains are produced as a by-product of ethanol production. The market, by livestock, has been segmented into ruminants, swine, poultry, and others. It was dominated by the ruminants segment in 2017. The growth in demand for quality milk and beef products has led to the use of distillers’ grains in ruminant diets, due to their higher protein...

The global lecithin market was valued at USD 1.15 billion in 2018 and is projected to reach USD 1.59 billion by 2023, at a CAGR of 6.7% during forecast period. The global phospholipids market was valued at USD 3.23 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 6.2% during the forecast period.  Download PDF Brochure The lecithin market is driven by the increased demand for lecithin in feed and food applications while the phospholipids market is driven by the growing trend towards consumption of natural ingredients in cosmetics and dietary supplements around the globe. Based on source, the lecithin market has been segmented into soy, sunflower, rapeseed, and egg. The soy segment is estimated to account for the largest share in the lecithin market in 2018. It is widely preferred among manufacturers owing to sufficient availability of soybean and cheap extraction process. Soy lecithin is growing popularity in the feed application and is also being us...

The global  gelatin market  size is projected to grow from USD 2.6 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 6.6% during the forecast period. The growing demand for functional and convenience food & beverage products, increasing application in the pharmaceutical industry, and the rising demand for clean label products drive the demand for gelatin.  Download PDF Brochure The increasing demand for gelatin from the nutraceutical and sports nutrition industrial segment due to its high protein content and increasing applications in the medical and biomedical industries also drive the demand for gelatin. The major vendors in the global gelatin market are Darling Ingredients (US), Gelita (Germany), Nitta Gelatin (Japan), Tessenderlo Group (Belgium), Weishardt (France), Trobas Gelatine (Netherlands), India Gelatine & Chemicals (India), Lapi Gelatine (Italy), Junca Gelatines (Spain), Sterling Biotech Group (India), Italgelatine (Italy), and Ge...

The global seafood processing equipment market size is projected to grow from USD 1.4 billion in 2018 to USD 1.9 billion by 2023, at a CAGR of 5.6% during the forecast period. The global processed seafood market size is projected to grow from USD 207.6 billion in 2018 to USD 267.3 billion by 2023, at a CAGR of 5.2% during the forecast period. This is attributed to the increasing global consumption of processed seafood and rise in seafood trade. Download PDF Brochure The Asia Pacific market accounted for the largest share in the processed seafood market. The seafood processing market is projected to grow, as the food processing sector is projected to witness the fastest growth in this region.  The processed seafood market in the Asia Pacific region is witnessing significant growth due to the busy lifestyles of customers. Currently, the processed seafood market in the region is also undergoing a significant transformation in response to rapid urbanization and diet diversification. In...

The global seed coating market size is estimated to account for a value of USD 1.8 billion in 2019 and is projected to grow at a CAGR of 8.5% from 2019, to reach a value of USD 3.0 billion by 2025. The growing demand for high-quality seeds, increased protection from pests and diseases, easy handling, and flowability through planters are the key factors that are projected to drive the growth of the market.  Download PDF Brochure Among the additive types of seed coating, such as polymers, colorants, pellets, minerals/pumice, active ingredients, and others, the polymer segment accounted for the largest market share, followed by the pellets and colorants segments. Polymers are used on a large scale due to their functional qualities of improving the nutritive value of seeds and enhancing their appearance. The North American and European regions are witnessing an increasing demand for cereals, grains, oilseeds,  and pulses used mainly in the food and feed industries. Favorable trad...

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 awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts has significantly driven the growth of the market. Download PDF Brochure Livestock require adequate nutrition and care for optimum growth and development; with the increase in awareness in terms of food safety, growing concerns about livestock health, and focus on increasing the feed intake, and greater resistance to the use of antibiotics in feed are some of the major factors that make oleoresins preferred ingredients in livestock nutrition. Feed phytogenics or plant-based feed phytogenics such as herbs, essential oils, and ...

The 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. Factors such as increasing awareness among consumers about health & wellness, higher adoption of veganism and vegetarianism coupled with the need to find substitutes to monosodium glutamate in food products are driving the growth of the market. Download PDF Brochure Yeast extracts, by type,  is estimated to hold the largest market share during the forecast period The market for organic yeast, by type, has been segmented into yeast extracts, yeast derivatives, inactive dry yeast, and nutritional yeast. Yeast extracts account for the largest market share during the forecast period owing to its wide application in soups & broths, sauces, seasonings & dressings, snacks & savory products to provide “umami” taste in the food. It is often used as substitute to cheese ...

The feed packaging market 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% The  Asia Pacific  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.  Download PDF Brochure This growing demand for meat and dairy products has led to an increase in feed production in the region. Due to these factors, the application of packaging has increased, and the livestock feed packaging market is projected to witness a healthy growth from 2018 to 2023.xc In addition, unlike developed countries, the livestock farm size in developing countries of Asia, including India, Thailand, and Vietnam, is quite small and the infrastructure for feed storage is poor. Due to thes...

The global slaughtering equipment market is estimated at USD 6.62 Billion in 2018 and is projected to reach USD 8.28 Billion by 2023, at a CAGR of 4.56%. Download PDF Brochure The market is driven by factors such as the growth of fast food and restaurant chains; increase in demand for processed food; lenient trade policies & increase in meat exports; and technological advancements in the slaughtering equipment industry.  The mechanization and automation of processes have become a necessity in order to maintain standard cut-up size and identical fillet size, which are a pre-requisite in the fast food and restaurant businesses. Moreover, slaughtering equipment manufacturers and meat processing companies are collaborating for enhanced technological advancements, thereby driving the growth of the slaughtering equipment market. The killing segment is estimated to dominate the global slaughtering equipment market in 2018. The killing method is followed by the stunning segment. A kil...

The   herbicide safeners market   is projected to reach USD 1,206.7 million by 2023, growing at a CAGR of 7.22% from 2018. 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. Herbicide injury to main crops may also result in the presence of chemical residues that can harm humans after consumption. Thus, safeners are added to herbicides to protect the main crops from herbicide injury.  Download PDF Brochure Increasing population and decreasing arable land have led to increased demand for food security and safety, globally. Thus, the demand for food production has increased, especially in the developing regions, where the population is increasing at a rapid rate compared to developed regions.  The global cereal production is projected to expand by nearly 13% between 20...

According to MarketsandMarkets, the global gummy vitamins market size is estimated to be valued at USD 5.9 billion in 2020 and is projected to reach USD 10.6 billion by 2025, recording a CAGR of 12.5%. Download PDF Brochure The millennials prefer consuming these gummies due to factors such as busier lifestyles, rising disposal incomes, growing awareness regarding preventive healthcare measures, and maintaining better health. Other factors driving the demand for these gummy vitamins include the rise in incidences of vitamin deficiencies and undernourishment problems in developing and underdeveloped countries. Gummy vitamins are chewable vitamins with taste, flavor, color, shape, and size similar to gummy candies. However, these gummies are induced with vitamins to offer various health benefits to end consumers. Gummy vitamins are recently gaining immense traction in the global market. The gummy vitamins market, based on source, was dominated by the animal segment in 2019. Animal source...

The oryzenin market stood at USD 79.36 million in 2015; it is projected to grow at a CAGR of 14.5% from 2016, to reach USD 198.25 million by 2022.   The market is driven by factors such as the increasing demand for rice protein due to its functional properties, growth in consumption of plant protein, cost-effectiveness of plant protein as compared to animal protein, and the increasing awareness among consumers towards the importance of protein. Download PDF Brochure The oryzenin market was led by sports & energy nutrition, followed by beverages, in 2015. Sports & energy nutrition was the leading segment, owing to the increase in the consumption of sports & energy drinks due to the trend of healthy living among consumers. The application of oryzenin in sports & energy nutrition is attributed to its high amino acid profile and branched chain amino acids (BCAAs), which are essential for athletes and bodybuilders for muscle recovery. Oryzenin increased lean body mass sk...

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 Complex fertilizers have better physical, chemical, and mechanical properties compared to regular fertilizers. They offer a wider variety of options and can be customized to satisfy demand in accordance with specific soil compositions. Complex fertilizers are nutrient specific. Thus, for supplying a particular nutrient, one can select a specific chemical fertilizer. On the ba...

The oilseed processing market is projected to reach a value of USD 344.37 Billion by 2022, at a CAGR of 7.37% from 2016 to 2022. The market is driven by factors such as large proportion of oilseeds being processed, globally and the growth in demand for oilseed meal.  The latter drives the need for processing various oilseeds such as soybean in various feed products, owing to its high protein content. Download PDF Brochure Soybean is projected to be the fastest-growing segment due to the increase in production of soybean in the Asian countries, owing to the strong demand for meal with high protein content from the feed industry. Moreover, the increase in demand for biodiesel derived from soybean feedstock is expected to fuel the growth of this market segment across the globe. The chemical process segment is projected to be the fastest-growing due to the increase in use of the chemical process to ensure maximum extraction of oil content from oilseeds. Additionally, the high usage of...

The global agricultural fumigants market is estimated to be valued at USD 1.59 Billion by 2017 and is projected to reach USD 1.94 Billion by 2022 at a CAGR of 4.10% during the forecast period. The global agricultural fumigants market is expanding with considerable growth potential over the next five years. The growth of this market can be attributed to the inclination of consumers toward improving the quality of agricultural output, changing farming practice, and upgraded storage technology.  Download PDF Brochure  The phosphine segment is estimated to account for the largest share of the agricultural fumigants market in 2017. Phosphine-based products are experiencing steady demand in industrialized countries and occupy a significant share of the agricultural fumigants market, especially in the European region. The phosphine segment is mainly driven by its multifunctional nature contributed by the effective fumigant action in killing nematodes, fungi, and weeds. In addition, t...

The global lipid nutrition market was valued at USD 6.51 Billion in 2016, and is projected to reach USD 11.15 Billion by 2022, at a CAGR of 9.4%.  Download PDF Brochure The demand for lipid nutrition is projected to be on the rise, owing to factors such as increase in instances of diseases such as cardiovascular diseases (CVDs) and obesity in regions such as North America, the consumer awareness about the health benefits of lipid nutrition, and the growing demand for lipid nutrition in fortified foods, pharmaceuticals, infant formula, animal nutrition, and dietary supplements. Asia-Pacific is estimated to occupy the largest share in the global market, in terms of value, in 2017. China was the largest market for lipid nutrition in the Asia-Pacific region in 2016. The growing infant and women nutrition markets in countries such as India, China, Japan, and South Korea along with diet diversification, and the liberalization of foreign direct investments in the food sector, are the main...

The livestock grow lights market 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. The major factors driving the livestock grow lights market include the increasing demand and consumption of animal-based products such as meat, milk, and eggs. Further, rising focus on livestock welfare and growth along with technological innovation for smart farming practices is projected to drive the market. Download PDF Brochure 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 fo...

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 Based on application, the oleoresins market is segmented into pharmaceuticals & nutraceuticals, food & beverages, personal care products, and feed. The pharmaceuticals & nutraceuticals segment is projected to witness the fastest growth during the forecast period, due to the increasing preference for herbal medicines and increasing intake of natural dietary and health supplements in developed and developing countries. Capsaicinoids present in capsicums possess antibiotic characteristics. Thus, they act as an ai...

The  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.  Download PDF Brochure The growing demand for meat alternatives, as well as the increase in health awareness among consumers, are propelling the demand for textured vegetable protein. With the advancement of new technologies and innovative experiments in the food and beverage sector, the usage of textured vegetable protein has been dominant in the North American market, due to rise in vegan and flexitarian population, whereas the Asia Pacific region is growing fastest owing to new technologies and increase in the export of food and beverages. Textured vegetable protein obtained from various sources such as soy, wheat, and pea has been adaptive among the food manufacturers, as it poses as a meat alternative with functional and nutritional characteristics. Also, it has witnessed high...

The global feed binders market size is estimated to account for a value of USD 4.5 billion in 2020 and is projected to grow at a CAGR 3.0% from 2020, to reach a value of USD 5.1 billion by 2025.   The rise in demand for feed due to the increased consumption of livestock-based products is projected to drive the growth of the market. The increasing awareness among manufacturers about the benefits offered by feed binders is projected to drive the market growth during the forecast period. Feed binders serve as an additive that can reduce the dusty and powdery nature of fine ground feed materials. In order to reduce the total operating cost, from manufacturing to its consumption stage, feed binders are observed to increase the health benefits of feed materials, and thus, are widely being opted by feed manufacturers. Download PDF Brochure The feed sector plays a crucial part in addressing global food and agriculture issues. Feed manufacturers are becoming more aware of the need to increa...

The market for hydroponic systems is estimated at USD 9.5 billion in 2020; it is projected to grow at a CAGR of 11.9% to reach USD 16.6 billion by 2025. The pressure on the agriculture industry to meet the growing demand for grains and food leads to the search for high-yielding farming techniques, such as precision farming and urban farming. Hydroponics thus is looked upon as a potential solution for the growing concern about food security in the coming years. Download PDF Brochure According to the UN reports on global population, plants grown in hydroponic systems have achieved 20%–25% higher yield than the traditional agriculture system, with its productivity being 2–5 times higher. Also, owing to controlled environmental conditions, the effect of climatic changes can be balanced with the help of these systems, thereby not affecting the annual crop production. CEH techniques directly affect the crop harvest cycle. Since climatic changes show a minimal effect on such systems, crops ca...

The Proanthocyanidins Market   is estimated at USD 198 million in 2019 and is projected to grow at a CAGR of 6.0% from 2019 to 2025, to reach USD 280 million by 2025. Proanthocyanidins are rich in antioxidants and provide several health benefits to consumers; for instance, they help in healing wounds, improve bone strength, aid in skin-related issues including skin cancer, and also offer cardiovascular benefits.  Download PDF Brochure Hence, they are significantly witnessing high demand among manufacturers in the personal care, food & beverages, and cosmetic industries. Proanthocyanidins are witnessing a surge in demand as it finds various applications in the personal care, dietary supplement, cosmetics, and food & beverage industries. The global proanthocyanidins market is primarily driven by the health benefits and therapeutics effects offered by this ingredient and its increasing applications in the production of personal care and cosmetic products. The North Americ...