Food & Agriculture Trends

The  fungicides market  is estimated to account for a value of USD 18.7 billion in 2019 and is projected to grow at a CAGR of 4.6% from 2019, to reach a value of USD 24.5 billion by 2025. The global fungicides market is projected to witness significant growth due to factors such as the increase in demand for food security by the growing population, advancement in farming practices & techniques, and changing climatic conditions that favors disease occurrence. Fungicides are highly used for destroying harmful fungi affecting the crop yield. Thus, the need for fungicides to minimize crop loss is increasing across the world. Download PDF Brochure The liquid segment is projected to be the largest segment in the fungicides market during the forecast period. Liquid forms can be water-based, oil-based, polymer-based, or their combinations. Water-soluble liquids (SL) are liquid formulations based on technical materials, which are insoluble in water and contain 36%–85% technical materials an

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 The increasing adoption of mycotoxin binders and modifiers in the North American region is driving the growth of the feed mycotoxin binders and modifiers market. The global feed mycotoxin binders & modifiers market was dominated by the North American region. The large market size of the region is attributed to the high adoption of mycotoxin binders & modifiers. This is mainly due to the increase in demand for safe and high-quality livestock-based products, food safety awareness, stringent quality regulations, and aim to reduce, prevent and eliminate the growth an

The market for textured soy protein is estimated at USD 1.73 Billion in 2017 and is projected to grow at a CAGR of 9.5% from 2017 to 2022.  The market is driven by factors such as an increase in demand for protein-rich foods and growing health-conscious population. Download PDF Brochure Changing lifestyles and the shift from processed food to healthy food products has been observed in developing economies over the past decade, leading to the growth in demand for textured soy proteins, not only for food products but also for applications such as animal feed, cosmetics, and personal care products. The demand for textured soy protein is high in developed markets such as the US and Europe. The trend of consumer preference for healthy products is rising, wherein marketing campaigns are planned for highlighting their use and health benefit claims. Developing countries such as China and India are projected to experience an increase in demand for textured soy protein in the coming years from

The report  " Processed Seafood & Seafood Processing Equipment Market  by Type (Fish, Crustaceans, Mollusks), Equipment Type (Slaughtering, Gutting, Scaling, Filleting, Skinning, Smoking, Curing & Filling), End Product, Seafood Type, Region -Global Forecast to 2023"   The processed seafood market is projected to reach USD 267.3 billion by 2023, at a CAGR of 5.2% from 2018. The seafood processing equipment market 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. 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 als

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%. 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), BENEO GmbH (Germany), Sensus (N

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 Asia Pacific accounted for the largest share during the forecast period due to the growing demand for meat and meat products in developing and developing countries such as China, India, and South Korea. The USDA is of the view that factors such as increasing disposable income, increase in population, and rapid urbanization have significantly aided in the growth of the m

T he antifreeze proteins market (AFPs) is estimated at USD 4 million in 2020; it is projected to grow at a CAGR of 36.3% to reach USD 27 million by 2026. Antifreeze proteins inhibit ice growth and prevent recrystallization, hence averting tissue damage. Presently, antifreeze proteins have shown a lot of potential in commercial applications. Download PDF Brochure Driver: Increase in Awareness of benefits associated with antifreeze proteins Antifreeze proteins control ice crystal growth brought on by thawing, which drastically reduces texture quality. Using the methods and the protocols of trans-genesis, antifreeze proteins can be introduced into fish, yeast, vegetables, and fruits in order to give new beneficial properties to these organisms. These applications have certificated advantages that result in the production and the high quality of food. Thus, their demand is growing in the market. Restraint: High cost of production and R&D expenditure R&D expenses are one of the lar

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 Drivers: Functional properties of starch derivatives and their ease of incorporation in a wide range of food applications Starch derivatives possess enhanced functional properties which are suitable for a wide range of food and non-food applications. It has a variety of functions; it is used as a thickener, texture agent, fat replacer, and emulsifier. Starch derivatives, because of their characteristic of absorbing water and bulking up, render the essential mouthfeel to the food products they are used in. This makes them an excellent substitute for fat. Starch is also used as thickener or as gelling agent in food products

The nutraceutical products market 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. 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 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 projected to drive the market growth. The North American market accounted for the largest share in 2019; it is majorly drive

The global 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% during the forecast period. The demand for lactose-free products is increasing significantly due to the rise in lactose intolerant population across the globe. Moreover, the rise in the consumption of clean label food products is one of the major factors encouraging the growth of the lactose-free organic products market globally. Download PDF Brochure Key players in this market include The Coca-Cola Company (US), GCMMF (India), Nestle (Switzerland), Danone Company S.A (France), Valio Ltd. (Finland), General Mills (US), Johnson & Johnson Services, Inc. (US), Lifeway Foods Inc. (US), LALA U.S (US), Dean Foods (US), Organic Valley (US), Dairy Farmers of America (US), Shamrock Foods (US), Saputo Inc. (Canada), Prairie Farms Dairy (US), Agri-Mark, Inc. (US), Smith Foods, Inc. (US), Meggle Group GMBH (Germany), Dr

The tractor implements market is estimated to account for USD 57.3 billion in 2018 and is projected to reach USD 76.1 billion by 2023, growing at a CAGR of 5.84% during the forecast period. High labor cost and the need to reduce post-harvest losses are the key drivers for the growth of the tractor implements market. Download PDF Brochure Asia Pacific is projected to dominate the tractor implements market during the forecast period According to the FAO, the Asia Pacific region include developing countries such as India, Thailand, and Vietnam, where agriculture is growing at an exponential rate. Nearly 40% of the global arable land is present in this region.  Asia Pacific region is experiencing a shift in agricultural practices from the use of traditional tools towards farm mechanization. Rising urbanization has led to limited agriculture labor in rural areas of the Asia Pacific region, which has led to an increasing need for mechanized farming techniques by investing in agricultural im

The dietary fibers market was 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% during the forecast period. The demand for dietary fibers is increasing significantly, as it is being used across various applications in the food & beverage industry. Key players in this market include Beneo (Germany), Nexira (France), DuPont (US), Cargill (US), Kerry Group (Ireland), Tate & Lyle (UK), ADM (US), Lonza (Switzerland), Roquette Frères (France), AGT Food & Ingredients (India), Ingredion (US), PURIS (US), The Green Labs LLC (US), A&B Ingredients (US), and Nutri-Pea Ltd. (Canada). Download PDF Brochure Beneo (Germany) has its presence across more than 80 countries globally. The company has one of its production locations in Germany, two in Belgium, one in Italy, and one in Chile. Beneo produces various products in functional food ingredients such as dietary fibers, sugar substitutes, new sugar, rice starches/flours, an

The global  biofungicides market  is estimated to account for a value of USD 1.6 billion in 2020 and is projected to grow at a CAGR 16.1%, to reach a value of USD 3.4 billion by 2025. The increase in demand for organic food products, stringent government regulation against the use of chemical-based crop protection methods, and the growing awareness among farmers about the benefits of adopting biofungicides are some of the factors that are projected to drive the growth of the market. New product launches and partnerships were the dominant strategies adopted by key players to capitalize on the strong market potential. Download PDF Brochure The increasing agricultural practices and the requirement of high-quality agricultural produce are factors that are projected to drive the fungicides market growth in this region. Major crops produced in Asia include rice, sugar beet, fruits & vegetables, cereals, and grains. The region consumes 90% of the global rice produced. According to the FAO