Food & Agriculture Trends

The Industrial Oils Market   is evaluated at USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019 to 2025, to reach USD 80.7 billion by 2025.  The biodiesel industry is projected to be a major revenue generator for industrial oils manufacturers in the coming years due to its reduced environmental impact. In addition, the industrial sector in the emerging countries in the Asia Pacific region is growing in countries such as China and India, which is a hub of industrial oils, due to the expanding chemical, biodiesel, and cosmetics industries. These factors are projected to create new opportunities for the growth of the global industrial oils market in the coming years. Download PDF Brochure Sunflower oil is gaining popularity among industrial oils manufacturers at a global level due to its vitamin content, which makes it an ideal oil for the cosmetics and personal care applications. The Asia Pacific region is projected to be a major revenue generator for ...

The   Dietary Fibers Market  i s estimated to be valued at USD 5.3 billion in 2020 and is projected to reach USD 9.6 billion by 2025, recording a CAGR of 12.5% in terms of value. The growing demand for fiber supplements to meet the nutritional need of the individual and the health benefits of dietary supplements are projected to drive the growth of the dietary fibers market, globally. Download PDF Brochure By application, the functional food & beverages segment accounted for the largest size in the dietary fibers market during the forecast period Functional food & beverages form the dominating segment of application in the dietary fiber market. The functional food includes sports and performance drinks, ready-to-drink beverages, energy drinks, and other enhanced and enriched beverages. Dietary fibers can be used in various functional foods such as bakery, beverages, and meat products. The regular use of dietary fibers seems to decrease the use of various diseases. The ...

The sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 890 million by 2025. Increasing demand from various end-use industries such as automotive, aviation, electronics, and construction is expected to drive this market in the coming years. Massive transformation in the industrial sector has made Asia Pacific a high growth market for sodium hypophosphite manufacturers. The region consists of populated countries such as China and India that have witnessed development in the electronics and automotive industries where hypophosphite finds widespread applications.      Download PDF Brochure Sodium hypophosphite is used as a reducing agent, catalyst & stabilizer, and chemical intermediate. Sodium hypophosphite acts as a reducing agent for electroless nickel plating application, which finds its usage in the electronics and automotive industry. These industries are boo...

The global soil amendments market is estimated to be valued at USD 3.7 billion in 2020 and is projected to reach USD 6.2 billion by 2025, recording a CAGR of 10.7%. The growth of the soil amendments market is driven by strong demand for high-value crops, risk of soil degradation, and rising concerns regarding soil health. The incorporation of soil amendment in fertilizer formulations creates growth opportunities for manufacturers in the soil amendments market. Key players in the soil amendments market include BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), UPL Ltd. (India), and ADAMA Agricultural Solutions Ltd. (Israel).  Download PDF Brochure BASF SE (Germany)   is a leading chemical company, which produces a wide range of products. It operates through five segments, namely, chemicals, agricultural solutions, performance products, functional materials and solutions, and others. BASF’s agriculture segment includes functional crop care, biotechnology, turf, orname...

The biofungicides market is estimated to account for USD 1.6 billion in 2020 and is projected to grow at a CAGR 16.1% from 2020, to reach a value of USD 3.4 billion by 2025. Factors such as an increase in demand for organic food products, stringent government regulations against the use of chemical-based crop protection products, and the growing health concerns associated with chemical-based products are projected to drive the growth of the market of biofungicides. Download PDF Brochure Biofungicides are used in almost all the crop segments. Their dosage, active ingredients, and application rates vary from crop to crop. Biofungicides are predominantly applied in fruits and vegetables followed by cereal crops, pulses and oilseeds. Turf and ornamentals are also becoming an important segment where the biofungicides are applied for effective pest control. The leading crop segments are ranked below by their application. The rising demand for organic fruits and vegetables globally has resul...

The Fungicides Market   is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach a value of USD 24.5 billion by 2025, growing at a CAGR of 4.6% during the forecast period. Factors such as the increase in demand for food security by the growing population and advancements in farming practices & techniques are projected to drive the growth of the fungicides market.    Download PDF Brochure The growth in population and the consequent rise in demand for food materials have led to an increase in the need for crop protection chemicals, thereby increasing the demand for innovative fungicides solutions across regions. However, the demand for fungicides in various regions is projected to remain high due to the increasing number of crop types grown in abundance.  For instance, the US is a leading producer of cereals and grains, while Europe is known for its wide-scale production of fruits and vegetables. The cereals & grains segment accounte...

The global  agricultural micronutrients market  is estimated to be valued at USD 3.6 billion in 2020 and is projected to reach a value of USD 5.4 billion by 2025, growing at a CAGR of 8.7% during the forecast period. Factors such as the rise in micronutrient deficiencies in the soil and growing awareness about food security are projected to drive the growth of the agricultural micronutrients market. Download PDF Brochure By crop type, the fruits & vegetables segment is projected to be the fastest-growing segment in the agricultural micronutrients market during the forecast period. The trend of consuming fruits has witnessed a growth in the past two decades, and this trend is projected to continue in the coming years. According to the FAO, the global production levels of the fruits and the vegetables has raised from 108 hundred metric tons in 2007 to 141 hundred metric tons in 2017. The increasing exports of fruits & vegetables have also led to an increase in the crop p...

The global chicory market size is estimated to be valued at USD 685 million in 2020 and is projected to reach USD 905 million by 2025, recording a CAGR of 5.7% during the forecast period.  With the rising consumption of coffee beverage along with the rising prices of coffee beans and demand for organic and all-natural ingredient based products, the market for chicory is projected to witness a positive outlook, in the coming few years. Also, chicory is a cheaper substitute ingredient that has multiple applications across various industries. Owing to its caffeine-free and health benefitting characteristics, it has great potential to cater existing as well as newer application areas, with ongoing and continuous research. Thus, with all these factors accumulatively, the chicory market is expected to witness a substantial growth potential in the coming few years. Download PDF Brochure Key players in this market include Cosucra Groupe Warcoing (Belgium), Delecto Foods Pvt Ltd (India), B...

  According to MarketsandMarkets, the water hardness test strip market is estimated to be valued at USD 56.5 billion in 2020 and is projected to reach USD 70.2 billion by 2025, recording a CAGR of 4.4 %, in terms of value.. Rise in number of industrial establishments and surge in rate of urbanization are the two key factors that drive the value sales growth for water hardness test strip market. Download PDF Brochure Due to growing concerns among consumers demanding fresh and pure-quality water enriched with minerals and vitamins, water hardness test strips will grow significantly in the coming years. The Environmental Protection Agency (EPA) has developed the National Primary Drinking Water Regulations with enforceable standards on the quantity of contaminants allowed in drinking water. These standards protect consumers from contaminants that may pose a risk to human health. All public water providers (municipal and civil bodies) must comply with these requirements while supplying...

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

The global 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% during the forecast period. The demand for textured vegetable protein has been increasing significantly, as they are used across various food and beverage applications such as meat alternatives and have been high in demand among the vegan and vegetarian consumers. Download PDF Brochure By source, the soy segment is projected to account for the largest share in the textured vegetable protein market during the forecast period.Soy has been a low-calorie and low-fat source of vegetable protein. It is often used as a meat substitute or meat extender due to its low cost as compared to animal-based sources of protein.  Moreover, when textured soy protein is cooked with meat, it aids in retaining more nutrients from the meat by absorbing fluids that are usually lost. Textured soy protein acts as an idea...

The powder induction and dispersion system market is estimated at USD 843 million in 2018 and is projected to reach USD 1,112 million by 2023, growing at a CAGR of 5.7% during the forecast period.  The market for products such as salad dressings, mayonnaise, baby food, milk drinks, confectionery products, and sauces has witnessed significant growth. To improve the production efficiency of food products and pharma ingredients, a well-developed induction and dispersion technique is required with strategies that help to ascertain, which mixing process a manufacturer should adopt. Download PDF Brochure On the basis of application, the pharmaceutical segment is estimated to hold a larger share of the powder induction and dispersion system market in 2018. The active pharmaceutical ingredient (API) is a powder that is blended with other powders (excipients) or liquids to produce tablets and gel capsules. Powder induction and dispersion systems find application in the pharmaceutical indus...

The global soil stabilization market is estimated at USD 22.09 Billion in 2017, and is projected to reach USD 27.80 Billion by 2022, at a CAGR of 4.70% during the forecast period.  The key players in the soil stabilization market include Caterpillar (US), AB VOLVO (Sweden), FAYAT (France), WIRTGEN GROUP (Germany), CARMEUSE (US), Global Road Technology (Australia), Soilworks (US), Graymont (Canada), SNF Holding (US), Aggrebind (US), IRRIDAN USA (US), and Altacrete (Canada).  Download PDF Brochure These key players focused on various business strategies such as the new product launches, agreements, partnerships, and expansions, to increase their market presence. Caterpillar and AB VOLVO are the top two companies in the soil stabilization market based on overall revenues, product offerings, and strategic activities related to the soil stabilization. Caterpillar manufactures and sells construction, mining, and soil stabilization equipment, diesel & natural gas engines, indust...

The tartaric acid market is projected to grow at a CAGR of 5.77% from 2017 to 2022.  The  tartaric acid market  market is primarily driven by the growth in the overall beverages market. Factors such as the growth of the wine industry, mainly in the Asia Pacific and South American countries; and the continual growth of the food industry, especially, the bakery industry in developed countries, contribute toward the growth of this market. Download PDF Brochure Tartaric acid enhances fruit flavours and stabilizes batter systems and colour in baked foods. Tartaric acid is an essential additive in bakery items where it functions as a leavening agent when mixed with baking powder. 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. Now-a-days, there is a trend among consumers toward opting for natural ingredients in food & beverage pr...

The global animal intestinal health market size is estimated to be valued USD 3.1 billion in 2020 and is expected to reach a value of USD 4.6 billion by 2025, growing at a CAGR of 8.0% during the forecast period. It is estimated to account for 700.0 KT in 2020 and is projected to account for 1,000.3 KT in 2025, growing at a CAGR of 7.4% during the forecast period. Factors such as an increase in the consumption of feed and feed additives, steady growth in the market for meat and meat products, a shift toward natural growth promoters is driving to the growth of the animal intestinal health market. Download PDF Brochure With the rise in demand for meat and meat products and the increase in the importance of protein-rich diets among consumers across the globe, the demand for compound feed s is growing in the Asia Pacific, North American, and European countries. The Food and Agriculture Organization (FAO) estimates that by 2050, the demand for food products would grow by 60%, and that of a...

The global food waste management market is estimated at USD 31.71 Billion in 2017 and is projected to reach USD 42.37 Billion by 2022, at a CAGR of 5.97% during the forecast period. The market is driven by factors such as rise in global food waste and increase in the usage of organic feed and fertilizers by farmers. The key players identified have a strong presence in the global food waste management market. These include Veolia Environnement (France), SUEZ (France), Waste Management, Inc. (US), FCC Environment (UK) Limited (UK), Remondis SE & Co. KG (Germany), Stericycle, Inc. (US), Clean Harbors, Inc. (US), Covanta Holding Corporation (US), Advanced Disposal Services, Inc. (US), Waste Connections, Inc. (Canada) Republic Services, Inc. (US), and Biffa Group Limited (UK). Download PDF Brochure Veolia Environnement manages the distribution systems of water supply and also provides energy & waste management services. The company mainly operates through three business segments-w...

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. 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. Download PDF Brochure Asia Pacific is estimated to account for the largest share of the market in 2018. The market in the region is driven by the presence of a large livestock population and their rising growth. Furthermore, the increasing 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.  Adoption of smart technologies for farms to reduce input cost along with energy consumption...