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Showing posts from March, 2023

Drip Irrigation Market Industry Growth and Recent Trends

The Drip irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. The global market for drip irrigation systems is seeing growth opportunities thanks to new product innovations and patent registrations, reflecting an increasing demand for cutting-edge agricultural technologies. Countries with agricultural economies, such as India and China, are among the largest markets due to the growing issue of water scarcity in these regions. Drip irrigation is particularly well-suited to intensive farming methods, such as vegetable production, and has gained global acceptance as a technology that can greatly improve water use efficiency, with rates reaching as high as 90-95%. Download PDF Brochure Advancements in technology have reduced the need for manual labor in agriculture. Drip irrigation, which can be automated, is a cost-effective method for watering vari...

The large base of the vegan population in the Asia Pacific region is a major driver for potato protein

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 The  Potato Protein Market  is projected to reach USD 144 million by 2028 from USD 105 million by 2022, at a CAGR of 5.4% during the forecast period in terms of value. Potato proteins have many nutritional benefits with different fractions having different application in the food, beverage, and feed industry tends to act as a driver for the potato protein market among consumers. Download PDF Brochure Asia Pacific is one of the Major Market for Potato Protein Concentrates The large base of the vegan population in the Asia Pacific region is a major driver for potato protein; however, the predominant preference for soy protein in food applications, the lack of awareness about the benefits of potato protein, constrained supply issues, and drawbacks associated with potato protein market restricts its growth in the food industry. A recession is unlikely to begin in the Asia Pacific (APAC) region in the coming year, the region will experience headwinds fr...

Food Colors Market Analysis with Ongoing Trends & Market Revenue

The  Food Colors Market is projected to reach USD 6.0 billion by 2028, growing from USD 4.6 billion by 2023 growing at a CAGR of 5.4% from 2023 to 2028. Food colors are contained in many processed food & beverage products, including snack foods, margarine, cheese, jams and jellies, desserts, and drinks, among others. The increase in consumption of natural colors, especially in developing countries due to rising disposable income, changing consumer preferences, and growing demand for convenience food among consumers are the key factors contributing to the growth of the market. Technological advancements, an increase in R&D activities, and consumer interest in organic products are the key factors projected to drive the growth of the food colors market in the developed markets of North America and Europe. Downlaod PDF Brochure The natural colors segment is the fastest growing among the various types of food colors during the forecast period. The natural segment is projected t...

South America’s Protein Ingredients Market to Grow at a Significant in Coming Years

The global protein ingredients market is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period. Protein ingredients are produced by processing plant, animal, insect, and microbial sources to obtain high protein concentrations which can find applications in the food & beverages, feed, cosmetics & personal care, and pharma industries. The protein ingredients market is projected to grow at a significant rate with the rising significance of protein-rich diet. Download PDF Brochure The protein ingredients market in South America is expected to witness a rapid growth rate, with a significant Compound Annual Growth Rate (CAGR) in 2023. This growth will be driven by the region’s fast-developing economies, such as Brazil and Argentina. South America has experienced substantial growth in overall investment and consumer health awareness over the past decade, contributing to the region’s...

Plant Growth Regulators Market Size, Share & Growth Trends by 2028

The  Plant Growth Regulators Market   was valued at USD 2.9 billion in 2022 and is projected to reach USD 4.5 billion by 2028, at a CAGR of 7.4% during the forecast period. Plant growth promoters are substances that help plants grow and develop better. They are crucial in enhancing the productivity and quality of crops. These promoters are obtained either biologically or synthetically, with the former being more effective and safer. In this article, we will delve into the world of plant growth promoters, discussing their types and how they help in plant growth and development. We will also explore the role of plant growth promoters in improving the fertility and yield capacities of sandy soils, as well as the potential of plant growth promoters in enhancing drought resistance in crops. Download PDF Brochure Plants are an essential component of the ecosystem and form the basis of human and animal life. They are the primary source of food and provide numerous raw materials for v...

Key Players in the Hybrid Seeds Market Adopting New Strategies to Increase Their Market Presence

The  Hybrid Seeds Market   is estimated to be valued at USD 25.2 billion in 2021 and is expected to reach a value of USD 34.9 billion by 2026, growing at a CAGR of 6.7% during the forecast period. Factors such as increase in seed replacement rate, availability of hybrid seeds, and increasing demand for fruits and vegetables are the main drivers of the hybrid seeds market. Download PDF Brochure Key players in this market include BASF SE (Germany), Bayer AG (Germany), and Syngenta Group (Switzerland). Product innovation, expansions investments, mergers acquisitions, joint ventures, and partnerships were some of the core strengths of the leading players in the hybrid seeds market. These strategies were adopted by the key players to increase their market presence. It also helped them diversify their businesses geographically, strengthen their distribution networks, and enhance their product portfolios.  BASF SE (Germany)  is one of the major players in the hybrid seeds m...