Food & Agriculture Trends

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 Benoxacor is one of the major safeners used as herbicide adjuvants for crops such as corn, soybean, and rice. With increased production of these crops globally, the demand for herbicides and herbicide safeners for these crops is expected to witness high growth in the coming years. The post-emergence segment is projected to register the highest growth rate from 2018 to 2023. Herbicide safeners which act as herbicide surfactants, are more effective in killing the weeds during the post-emergence stage, as compared to tho

The non-thermal pasteurization market , in terms of value, is estimated to account for nearly USD 1.1 billion in 2018 and projected to grow at a CAGR of 19.8%, to reach nearly USD 2.7 billion by 2023.  The global non-thermal pasteurization market is growing significantly in accordance with the commercialization, the increasing size of packaged foods market, growth in the convenience food sector, which includes products such as frozen foods and ready-to-eat foods; and the growing demand for novel technologies. These techniques reduce the processing time and increase the production capacity when compared to the conventional techniques using heat. Demand for non-thermal pasteurization, particularly meat processing, has witnessed an increase in European and North American countries due to significant growth in the processed meat product industry. Download PDF Brochure North America is estimated to account for the largest market share in the non-thermal pasteurization in 2018. The region is

Process equipment market for seed industry  includes processed seed market and seed processing equipment market. 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 10.2% from 2017. The objectives of this study are to define, segment, and project the size of the processed seed market based on crop type, method, and region, and seed processing equipment market based on type and region. Download PDF Brochure The processed seed market, on the basis of crop type, is projected to witness the highest growth rate in the fruits & vegetables segment, during the forecast period. The mechanical segment is estimated to dominate the processed seed market on the basis of method, through the same period. In the seed proces

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% Download PDF Brochure 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 used as a replacement to cocoa butter in the chocolate industry, owing to rise in price of cocoa butter. Based on source, the phospholipids market has been segmented majorly into soy and egg. The soy segment is estimated to account for the largest share of the phospholipids market in 2018. I

The bottled water processing market is estimated to account for about USD 211.61 billion in 2018 and is projected to reach a value of about USD 315.96 billion by 2023, at a CAGR of 8.3%. The increase in demand for packaged drinking water in the Asia Pacific region has played a considerable role in the bottled water processing market. As a result of the growing demand for potable water, bottled water processing equipment manufacturers are opting for membrane filtration technologies, to eliminate unwanted elements from water and to enhance the quality and shelf-life of drinking bottled water. The water treatment equipment manufacturers are developing innovative technological solutions and systems to convert high salinity waters such as seawater and brackish waters to potable drinking water, as the demand for drinking water is increasing in water-short areas.   Download PDF Brochure Rising incomes, consumer awareness about the hygiene and quality of the product they consume, and rise in

The Agricultural Packaging Market   is projected to reach USD 5.02 Billion by 2023, from USD 3.93 Billion in 2018, at a CAGR of 5.00% during the forecast period. 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 Plastics are the most preferred packaging material used for pesticides and fertilizers, owing to the properties such as medium-barrier strength, cost-effectiveness, flexibility, and inertness. The packaging of chemical pesticides consumes a large amount of packaging material, when compared to fertilizers as fertilizers are usually packaged in larger volumes while pesticides are available across a wide volume range. Pesticides are majorly prepared in liquid formulat

The complex fertilizers market is projected to grow at a CAGR of 6.5% from 2017, to reach a projected value of USD 54.32 Billion by 2022. Both demand and supply of compound fertilizers are expected to witness tremendous growth in 2017, and both are expected to grow steadily in the future. Increased demand for NPK gives fertilizer producers the challenge of finding the most cost-effective solutions to diversify their range of products with the possibility of adapting to the changing market trends and the requirements of their customers. Download PDF Brochure Increase in export of agricultural produce and changes in farming practices key to success in the South American region.  The South American region is projected to be the fastest-growing market for complex fertilizers owing to the rise in agricultural exports from South American countries. New techniques and technology are being used to bring formerly unusable and barren lands into productivity. Brazil and Argentina constituted the

The global  non-thermal processing market has grown exponentially in the last few years. The market is estimated to be valued at USD 818.6 Million in 2017, and is projected to reach USD 1,224.2 Million by 2022, at a CAGR of around 8.4% from 2017.  Download PDF Brochure Emerging economies such as India, China, and Brazil are the potential primary markets of the industry. Growing trend of novel technologies and process optimizaiton are driving the market for non-thermal processing. Latest trends in the food industry for processing, preservation, retention of sensory attributes without the application of heating techniques are fueling the research activities for the development of advanced non-thermal food processing technologies. The conventionally used thermal food processing technologies may lead to changes in product characteristics such as flavor, color, texture, or nutritional value due to the application of heat. Whereas, non-thermal food processing technologies help retain these

The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2018 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025.  The demand for brewery equipment is significantly increasing due to factors such as the increasing number of microbreweries and brew pubs and product innovations in the brewery equipment market. High capital, maintenance costs, and rising power and energy costs are projected to inhibit the growth of the brewery equipment market. The European region is projected to account for the largest market share due to the large beer industry in the region and the presence of leading beer manufacturers. In addition, the increasing presence of craft breweries is projected to drive the North American brewery equipment market.   Download PDF Brochure Europe is witnessing a growing trend of low or no alcohol beer due to health benefits. The region also witnesses the presence of leading beer manufacturers including Anh

The herbicide safeners market is projected to reach USD 1,206.7 million by 2023, growing at a CAGR of 7.22% from 2018. The growing global food demand has led to an increased need for efficient herbicides. Herbicide safeners protect the main crops against the harsh chemicals of herbicides. Thus, with increased demand for herbicides, the demand for herbicide safeners is also estimated to increase during the forecast period. Download PDF Brochure South America accounted for the largest share of the herbicide safeners market in 2017. The region’s high production of crops such as corn and soybean to meet the export demand is likely to contribute to the demand for herbicides and eventually strengthening the demand for selective herbicides. The Asia Pacific herbicide safeners market is projected to grow at the highest CAGR of 8.31% from 2018 to 2023. The growth in this region can be attributed to the high production of cereals and grains to meet the domestic consumption, especially wheat and

The tartaric acid market is projected to grow at a CAGR of 5.77% from 2017 to 2022.   Tartaric acid is an essential additive in bakery items where it functions as a leavening agent when mixed with baking powder. It also enhances fruit flavours and stabilizes batter systems and colour in baked foods. During winemaking, tartaric acid extracts act as buffers to regulate antioxidants, acidity, and as preservatives; in other food items, it acts as natural flavor enhancers, and food emulsifiers. Download PDF Brochure The tartaric acid market, on the basis of application, is segmented into the food & beverages, pharmaceuticals, cosmetics, and personal care, and others segments. In 2016, the food & beverages segment accounted for the largest share in terms of both value and volume, as tartaric acid is majorly used as preservatives and emulsifiers. The growing demand for packaged food in economies around the world is expected to boost market growth during the forecast period. Consumpti

The global  grain silos and storage system 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 4.8% from 2020, to reach a value of USD 1.6 billion by 2025. The farmers in developing and developed regions are investing in setting-up of silos which helps in facilitating the storage of grains, and with appropriate conditions, they can be stored for a longer period of time, irrespective of the external weather conditions, are some of the factors driving the growth in the market. Download PDF Brochure The global market includes major product manufacturers like AGCO Corporation(US), AGI (Canada), Silos Córdoba (Spain), PRADO SILOS (Spain), and Symaga (Spain). These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their busi

The changing consumer preference and interest in vegetable protein sources, due to its nutritional profile, inclination toward clean eating, rise in health concerns, and environmental concerns, as well as animal welfare, have resulted in the growth of the alternatives, such as plant-based meat, and ingredients such as textured vegetable protein. The  Textured Vegetable Protein Market   size 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%. Download PDF Brochure Based on application, the textured vegetable protein market is dominated by meat alternatives applications. Textured proteins are among the key components of meat alternatives, where they have been used as extenders, analogues, and replacers. Texturized vegetable proteins can substitute meat products while providing an economical, functional, and high-protein food ingredient or can be consumed directly as a meat alternatives.  Textured vegetable prot

The food sterilization equipment market is projected to reach USD 922.7 million by 2023, at a CAGR of 6.3% from 2018.  Rising application of sterilization technology in food & beverage industry, increasing instances of foodborne diseases, and growing safety concerns related to food hygiene and contamination are the major factors fueling the demand for food sterilization equipment across the globe.  Download PDF Brochure The dried fruits & nuts segment is projected to grow at the highest CAGR from 2018 to 2023. Dried fruits and nuts are consumed as a snack and are used as ingredients in various confectionery and bakery products. Insects, mites, and microbes can spoil dried fruits and nuts, and degrade its quality. To maintain the quality of the dried fruits and nuts, manufacturers are focusing on opting for food sterilization equipment. These factors are projected to drive the growth of the market in this segment. The radiation segment of the food sterilization equipment market

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. Download PDF Brochure The smart harvest market has been segmented on the basis of component into hardware and software. The market for software is projected to record the higher CAGR between 2018 and 2023. The hardware aspect of the smart harvest market includes harvesting robots, automation and control systems, sensors, and imaging systems. All three hardware components are designed to

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% during the forecast period. The increasing demand for natural products and increasing industrial application of oleoresins in different sectors. Download PDF Brochure Oleoresins extracted from a particular spice or herb provide the flavor characteristics of its ground form with a more rapid flavor release. Oleoresins are produced to preserve the robust flavor and aroma of the spice and are extensively used in the natural food colors and flavors market. The increasing demand for natural and clean label products and strict regulations regarding the use of artificial colors and flavors in food products are factors driving the market demand for oleoresins. Moreover, additional health benefits of specific natural food colors and flavors and advanced technological innovations have boosted the growth of the natural food colors and flavors mark

The global de-oiled lecithin market is projected to grow from an estimated value of USD 156.5 million in 2018 to reach USD 232.1 million by 2023, at a CAGR of 8.2%. This market is driven by the growth in demand for natural food additives and increase in consumer awareness about clean label products. Along with this, factors such as a rise in awareness about animal health & well-being and animal feed quality are driving the market for de-oiled lecithin, globally. Download PDF Brochure The key players in the de-oiled lecithin market include DowDuPont (US), Cargill (US), Archer Daniels Midland (US), Bunge Limited (US), and Stern Wywiol Gruppe (Germany). Other players include Lecico GmBH (Germany), American Lecithin Company (US), Lecital (Austria), Lasenor Emul (Spain), GIIAVA (INDIA) PVT. LTD (India), Novastell Essential Ingredients (France), Rasoya Proteins Ltd. (India), Clarkson Grain Company, Inc. (US), Amitex Agro Product Pvt. Ltd. (India), and Austrade Inc. (US). The key market

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 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 and wealth of livestock and to produce maximum livestock perfor

The global nutraceutical products market size 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. Improved quality, texture, nutritive value, and shelf-life of snack products due to the increasing usage of sources such as vitamins, minerals, proteins, dietary fibers, and fatty acids are projected to drive the growth of the snacks segment in the nutraceuticals products market. Download PDF Brochure The food segment dominated the nutraceutical products market in 2019. 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 nut

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.  Oleoresins extracted from a particular spice or herb provide the flavor characteristics of its ground form with a more rapid flavor release. Oleoresins are produced to preserve the robust flavor and aroma of the spice and are extensively used in the natural food colors and flavors market. The increasing demand for natural and clean label products and strict regulations regarding the use of artificial colors and flavors in food products are factors driving the market demand for oleoresins. Moreover, additional health benefits of specific natural food colors and flavors and advanced technological innovations have boosted the growth of the natural food colors and flavors market, globally. Download PDF Brochure Among the different applications of plant extracts, the market is estimated to be dominated by the food

The 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% in terms of value. The increasing prevalence of vitamin deficiencies and undernourishment along with growing demand and awareness for on-the-go supplements, supporting better health among consumers, is driving the majority growth of the global gummy vitamins market. Apart from that, the hike in need for immunity boosting or supporting products, as a preventive healthcare measure, is further rocketing the growth of the market. Download PDF Brochure Multivitamins are cheaper as compared to single vitamins. They also have a high quantity of vitamins, as they contain 10 to 20 different vitamins and minerals. These typically include vitamins A, C, D, E, K, B vitamins, zinc, pantothenic acid, folic acid, magnesium, calcium, and biotin. Most multivitamins contain an overall coverage of nutrients without high dosages. Hence, the cons

The cotton processing market is estimated to grow at USD 59.7 billion in 2018 and is projected to grow at a CAGR of 4.0% from 2018, to reach a value of USD 72.6 billion by 2023. The growth of the cotton processing market is driven by the increasing demand for cotton processing in the textile industry and the rising adoption of cottonseed meal as feed for animals. Download PDF Brochure On the basis of product type, the cotton processing market has been segmented into lint, cottonseed, and others. The lint segment is estimated to account for the largest share of the cotton processing market in 2018. Lint is the fiber separated from cotton seeds through the ginning process. 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. In addition to this, the growing awareness about product quality among consumers is projected to reflect positively on the

The global bovine serum albumin market is estimated to be valued at USD 255 million in 2019 and is projected to reach USD 304 million by 2025, recording a CAGR of 3.0%. Due to the growing livestock population and the subsequent increase in demand for blood-derived products, the market for bovine serum albumin is growing. By form, the global bovine serum albumin market is segmented into dry and liquid forms. The demand for the dry form of BSA is high due to benefits offered, such as long shelf-life, stability, ease of handling, and transportation. In most instances, the end-users prefer using the dry form since it is easier to dilute as well. Download PDF Brochure Based on end user, the bovine serum albumin market is segmented into life sciences industry, food industry, feed industry, and research institutes. The demand for BSA stems majorly from the life sciences industry since it is an excellent carrier of drugs. It is also used in different cell culture applications. The demand for