Food & Agriculture Trends

The  artificial grass market  is driven by factors such as increased applications in the landscaping segment, recycling of artificial grass pitches, and development of different solutions for producing infill materials and yarn technology. The global  artificial grass market  was valued at USD 3.00 Billion in 2016 and is projected to grow at a CAGR of 6.8% from 2017, to reach USD 4.45 Billion by 2022. Download PDF Brochure Based on installation, the market has been segmented into flooring and wall cladding. The flooring segment dominated the market in terms of both value and volume in 2016. Rising popularity and acceptance of synthetic sports fields for indoor as well as outdoor sports, along with extended applications in landscaping are the key factors that drive the flooring segment in the artificial grass market. In developed countries, the backing of advanced technologies with regard to product development and sports infrastructure development has fueled the demand for artificial g

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.  Factors such as rising cases of lactose-intolerant and growing demand from lactose-free dairy product manufacturers and increasing innovation and new product development in the application areas are projected to drive the growth of the lactase industry during the forecast period. However, the growth of the market is inhibited by factors, such as shifting preferences toward dairy-free alternatives and high processing cost and lack of technical expertise for lactase extraction. Download PDF Brochure The North America region dominated the lactase market with the largest share in 2019, whereas Asia-Pacific is expected to witness the highest growth rate. The fastest growing market is Asia-Pacific for lactase. The increase in awareness and self-diagnosis among lactose intolerant population, also growing consumption of lactos

The bleaching agents market is estimated at USD 728.6 Million in 2018 and is projected to grow at a CAGR of 5.5%, to reach USD 953.8 Million by 2023.  The key players profiled in the bleaching agents market, which have a strong global presence, include BASF (US), Aditya Birla Chemicals (Grasim) (India), Evonik (Germany), Hawkins (US), Siemer Milling Company (US), Gujarat Alkalies and Chemicals (India), PeroxyChem (US), Solvay (Belgium), Supraveni Chemicals (India), Spectrum Chemicals (India), Engrain (US), and AkzoNobel (Netherlands). Download PDF Brochure The key market players adopted various growth strategies such as new product launches, expansions & investments, agreements, divestments & joint ventures, and mergers & acquisitions to cater to the increasing demand for bleaching agents. Companies have been expanding their operations in various regions across the globe to establish themselves as the leading players in the bleaching agents market. The key players are focu

The  dietary fibers market  is 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 health concerns and advancements in R&D activities led to the growth of the dietary fiber market. Factors such as the multifunctional benefits of dietary fiber across various applications and the technological innovations to use it as an alternative of sugar are contributing to the growth of the market. Download PDF Brochure Based on application, there are various supplements and nutraceutical options available for dietary fibers. The dietary fibers are carbohydrate polysaccharides that, when ingested, are not fully digestible through the gastrointestinal enzymes, therefore absorbing water and ferment, which leads to the growth of beneficial bacteria in the intestine. This is advantageous for building immunity and for smooth bowel movements. The intake of fibers in diet either in food or suppleme

The Process Equipment Market for Seed Industry   includes processed seed market and seed processing equipment market. The market for processed seed, in terms of value, is estimated at USD 56.07 Billion in 2017 and is projected to reach USD 91.32 Billion by 2022, at a CAGR of 10.2%. The seed processing equipment market is projected to reach USD 3.25 Billion by 2022, growing at a CAGR of 10.2% from USD 2.00 Billion in 2017. Download PDF Brochure North America is one of the most technologically advanced regions. The seed processing & equipment market here is growing constantly due to the rising demand for quality raw material by the food chains, along with increasing demand of commercial seeds by the farmers for better yield in this region; Asia Pacific is witnessing promising growth in the production of processed seed in the past years due to increasing awareness about the benefits of commercial seed, especially in countries such as India and Indonesia. The demand for seed processing

The global agricultural chelates market size is estimated to account for a value of USD 0.9 billion in 2019 and is projected to grow at a CAGR of 7.7% from 2019, to reach a value of USD 1.5 billion by 2025. The growing demand for high-value crops and a decrease in the arable land are some of the factors driving the growth in the market. Download PDF Brochure There has been an increasing demand for food products due to the increase in population and a decrease in arable land. The growers are also using innovative inputs to increase crop yields, along with enhancing the quality to meet the needs of the growing population and the food processing industry. It is reported in many regions that EDTA chelating agent enables high absorption of micronutrients in the plant and offers strong binding ability when used with essential micronutrients, such as iron (Fe), zinc (Zn), copper (Cu), and manganese (Mn), resulting in enhanced crop growth. Thus, there is a high scope of growth for the market.

The food & agriculture technology and products market is projected to grow from USD 494.9 billion in 2018 to USD 729.5 billion by 2023, at a CAGR of 8.1% during the forecast period. This is attributed to the increase in demand and consumption of livestock-based products and seafood, rise in consumer awareness about food safety, governments’ support to adopt modern agricultural techniques, and demand for agricultural production due to the increasing population are some of the major drivers for the growth of the market. Download PDF Brochure The food & agriculture technology and products vendors include ADM (US), Evonik (Germany), DSM (Netherlands), United Technologies (US), Deere & Company (US), Daikin (Japan), Signify Holdings (Netherlands), SGS SA (Switzerland), Zoetis (UK), GEA (Germany), Pentair (UK), Intertek (UK), Genus (UK), Neogen (US), AKVA Group (Norway), Eurofins (Luxembourg), Canopy Growth Corporation (Canada), Americold Logistics (US), Groupe Grimaud (France),

The global humic-based biostimulants market is estimated to be valued at USD 515 million in 2020 and projected to reach USD 848 million, with a CAGR of 10.5% between 2020 and 2025. The growth of the humic-based biostimulants industry is driven by various factors, such as the enhancement in the crop productivity with improvement in the quality and quantity of the crops, demand for sustainable solutions to preserve the biodiversity and to achieve the export standards of the crop produce. Download PDF Brochure Driver:  Demand for the adoption of sustainable solutions To meet the increasing demand for food from over 9 billion people by 2050, there is an immense pressure exerted to produce crops with high-quality yield. Humic-based biostimulants can sustainably address this issue, by providing protection against stress and thereby stimulating the growth of the plant. The market for biostimulants is projected to grow in the coming years due to the increasing consumer awareness about the be

The  Starch Derivatives Market   size is estimated to be valued at USD 50.9 billion in 2020. It is projected to reach USD 61.5 billion by 2025, recording a CAGR of 3.9%, in terms of value. The functional properties of starch derivatives and their ease of incorporation in a wide range of applications is driving the global starch derivatives market. Download PDF Brochure Based on raw material, cassava is growing with the highest CAGR. It is considered one of the most economical source of starch at a global level. Cassava soruces starch derivatvies are widely used in various industries including food & beverages, paper, textiles, adhesives, pharmaceuticals and many more. Its properties make it advantageous to many industries. Based on type, maltodextrin is the fastest growing segment as it possesses properties such as high viscosity, crystallization inhibition, mouthfeel, bulking agent, and neutral taste. It is widely used as a food additive in a variety of products and helps in impro

  The  soil amendments market  is estimated to account for a value of USD 3.7 billion in 2020 and is projected to grow at a CAGR of 10.7% from 2020, to reach a value of USD 6.2 billion by 2025. The global market is projected to witness significant growth due to factors such as growing awareness about soil health management, easy availability of humic substances as raw materials, and strong demand for high-value crops. Download PDF Brochure The increase in soil degradation in the North American region is projected to drive the growth of the market. The increase in industrial activities is a key factor that has caused soil degradation in the North American region. In addition, North America witnesses various mining activities, which leads to barren soil that is susceptible to erosion by wind and rain. According to a report published by Cornell study 2017, in the US, soil disappears ten-times faster than it is naturally replenished, at an estimated rate of nearly 1.7 billion tons of farml

The Marine Collagen Market   is estimated to be valued at USD 620.3 Million in 2018 and is projected to reach USD 897.5 Million by 2023, growing at a CAGR of 7.7%. The market is driven by factors such as increasing protein consumption, inclination toward personal care & health supplements, and increase in R&D activities. Moreover, the rising prevalence of health-related problems is a key factor driving the market for marine collagen in the medical & pharmaceutical industry.  An increase in the consumption of processed and health-based food products has been driving the marine collagen market growth. Additionally, the demand for processed food products in developing regions is driven by the increase in disposable income. Download PDF Brochure   Asia Pacific is projected to be the fastest-growing region during the forecast period Manufacturers use marine collagen for various beauty and health supplements in the Asia Pacific due to abundant availability of raw materials and r

The global beverage processing equipment market is estimated to be valued at USD 18.2 billion in 2019 and is projected to reach USD 24.3 billion by 2025, recording a CAGR of 5.0% from 2019 to 2025. The increasing demand for alcoholic, emerging trends for UHT milk and milk products, and technological advancements in the beverage industry are some of the factors that are driving the market.  Download PDF Brochure Based on type, the beverage processing equipment market is segmented into brewery equipment, filtration equipment, heat exchangers, sugar dissolvers and blenders & mixers, carbonation equipment, and others (cooling tunnels, storage tanks, and crushers). The brewery equipment segment is estimated to account for the largest market share in 2019. The rising demand for alcoholic beverages is projected to drive the growth of the market. By beverage type, the beverage processing equipment market is segmented into alcoholic beverages, non-alcoholic beverages, and dairy beverages.

The Brewing Enzymes Market   is estimated at USD 352.1 million in 2018, it is projected to reach USD 484.7 million by 2023, at a CAGR of 6.6%. The increase in popularity of craft breweries and specialty beers, continuous R&D resulting in product and process innovations, increasing per capita income in Asia Pacific region, and forecasted high cereal price trend are expected to drive the demand for brewing enzymes in beer and wine applications. Usage of enzymes in the brewing industry can cut costs, improve beer stability, and control flavor, in addition to providing higher productivity and reducing waste generation. Download PDF Brochure The Asia Pacific region is projected to be the fastest-growing market for brewing enzymes over the next five years, owing to an increase in overall economic growth, with diversity in income levels, technology, and demand from end consumers leading to enhanced scope for future growth.  The main countries contributing significantly toward the growth

The report   " Vector Control Market   is projected to grow at a CAGR of 5.13% from an estimated value of USD 15.86 Billion in 2018, to reach USD 20.37 Billion by 2023. The market is driven by factors such as rising prevalence of vector-borne diseases worldwide, rising awareness for vector control methods by renowned organizations such as the WHO, and the high efficiency of chemical-based vector control products. Download PDF Brochure The vector control market is projected to grow at a CAGR of 5.13% from 2018 to 2023, to reach a projected value of USD 20.37 Billion by 2023. The increasing awareness about public health has led to the adoption of vector/pest control services on a regular basis in the residential, commercial, and industrial sectors. On the basis of vector type, the insect control segment accounted for a major share in the market for 2017, due to the rising cases of epidemics caused by vectors such as mosquitoes, cockroaches, bedbugs, flies, and ants across the globe.

The global 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 Biological fungicides or biofungicides comprise beneficial microorganisms that are used to control fungal diseases. Many of these beneficial microorganisms are naturally found in the soil. Biofungicides are mostly used before the occurrence of disease. Their efficiency increases if used in combination with good agricultural practices.  Biofungicides have different modes of action, such as competition/exclusion, antibiosis, parasitism, induced resistance, and plant growth promotion. Also, the over-use of chemical fungicides has harmful effects on the environment and thus,

The Eco-friendly Food Packaging Market   is estimated to be valued at USD 174.7 billion in 2020 and is projected to reach USD 249.5 billion by 2025, recording a CAGR of 7.4%, in terms of value. The shift in consumer preferences toward recyclable and eco-friendly materials is driving the market for eco-friendly food packaging globally. Download PDF Brochure The paper & paperboard segment, by material, is projected to witness significant growth during the forecast period By material, the paper & paperboard market is segmented into corrugated box, boxboard, rigid box, folded boxes, trays, flexible packaging, paper bags, shipping bags, and sachet/pouches. The packaging of products differs for the type of foods and beverages served. Paper & paperboards are the most preferred packaging in the food & beverage industry due to its degradable nature and recyclable property. Ready-to-eat, on-the-go, and frozen & fresh foods are nowadays served and transported in the paperboard

The global  agricultural pumps market  size is estimated to grow from USD 4.2 billion in 2020 and is projected to reach USD 6.1 billion by 2025, at a CAGR of 7.6% during the forecast. The increasing adoption of modern techniques of irrigation in developing countries, the advent of big data in agricultural farms, and the increase in government support toward the adoption of modern agricultural equipment are some of the factors driving the growth of the market. Download PDF Brochure The agricultural pumps market, by end-use, has been segmented into irrigation and livestock watering. The agricultural sector makes use of pumps, majorly for application in irrigation. With the growing area being brought under irrigation, the market for pumps for use in irrigation is growing. With the meat consumption growth across the regions, the need for agriculture pumps in the livestock watering sector is also growing. With the increasing population and subsequent rise in demand for food, there has been

According to MarketsandMarkets, the global  savory ingredients market  is estimated to be valued at USD 7.2 billion in 2020 and is projected to reach USD 9.3 billion by 2025, recording a CAGR of 5.2%. The demand for flavor enhancers witnessed a significant increase due to the availability of a variety of food choices for consumers.  Download PDF Brochure The demand for food consisting of different flavors is increasing at an exponential rate across the world. To meet this demand, highly cost-effective and innovative ways of producing flavors, which are added as flavor enhancers, are expected to propel the growth of the market. However, the growing awareness regarding the ill-effects of synthetic savory ingredients, such as MSG, is one of the key factors restricting the growth of this market in developed regions, where the consumers are more inclined toward natural ingredients such as yeast extracts. By type, the monosodium glutamate segment is projected to account for a larger share in

The  deodorization systems market  is estimated to account for a value of USD 3.4 billion in 2018 and is projected to grow at a CAGR of 4.9% from 2018, to reach a value of USD 4.3 billion by 2023. Growing industrialization and rapid urbanization, growth in the oil industry, and growing demand for higher nutritional value in edible oil are some of the factors driving the growth of the deodorization systems market. Download PDF Brochure Middle East & Africa is projected to grow at the highest CAGR of 5.7% during the forecast period.  Middle East & Africa provides the highest potential for growth due to rise in developments in deodorization equipment & technology and increased industrial activities in this region. In South Africa, the increasing number of edible oil refineries is a major factor for the growth of this industry.  Easing regulations from the government and improvements in cultivation policies are expected to have a profound impact on the deodorization systems ma

The beverage flavoring systems market is projected to grow from USD 3.8 billion in 2018 to USD 5.2 billion by 2023, at a compound annual growth rate (CAGR) of 6.1% during the forecast period. The launch of advanced technologies in flavor processing, the increasing consumer inclination toward clean-label and organic products, and the favorable regulatory environment for fortified products are the factors projected to drive the market for beverage flavoring systems.   Download PDF Brochure By ingredient, the flavoring agents segment is projected to account for the largest share in the beverage flavoring systems market Since consumers are becoming more health conscious, the demand for low-salt, low-sugar, and low-fat beverages is high; this has been fueling the demand for taste modulators and taste-masking agents. The growth of this segment is also attributed to the growing consumption of fortified beverages, owing to their nutritional values. To cater to consumer demands for natural pro