Food & Agriculture Trends

The agricultural biologicals market is poised for remarkable growth, projected to surge at a CAGR of 13.7% from USD 14.7 billion in 2023 to USD 27.9 billion by 2028. With a focus on organic products and environmental sustainability, coupled with favorable regulations, the market dynamics are witnessing significant shifts. Download PDF Brochure Drivers: Growing Preference for Organic Products Consumer awareness regarding the hazards of pesticides and fertilizers has spurred a rise in demand for organic food products. This shift towards organic farming has propelled the adoption of agricultural biologicals, driving the market forward. Notably, European countries like Denmark, Sweden, and Austria have witnessed substantial growth in organic food sales. Restraints: Commercialization of Low-Quality Products The proliferation of low-quality biological products due to fragmented markets and lack of transparent patent protection laws poses a significant challenge. This has led to a dilution o

The global edible oils industry is on track to reach USD 268.9 billion by 2027, marking a significant increase from USD 212.6 billion in 2022, with a projected compound annual growth rate (CAGR) of 4.8% between 2022 and 2027. This growth is primarily fueled by the rising global population, coupled with shifts in lifestyle preferences towards processed foods, where edible oils play a crucial role as primary ingredients. Furthermore, ongoing advancements in food processing, including the development of novel products such as confectionery, bakery items, ready-to-eat foods, and fast foods, are driving substantial demand for edible oils. Download PDF Brochure      Soybean oils emerge as the fastest-growing segment in the global edible oils market , anticipated to experience a robust CAGR of 5.4% during the forecast period. With concerns regarding food costs and climate change's impact on food supplies, soy products, particularly soybean oil, are gaining traction. Soybean oil's neu

Driving Efficiency: The Rise of Drip Irrigation Drip irrigation, a revolutionary technique designed to deliver precise water amounts directly to crops' root zones, is set to drive significant growth in the market. Its ability to reduce water requirements by 45% compared to conventional methods makes it a game-changer, particularly in regions facing water scarcity challenges. Download PDF Brochure Market Dynamics: Exploring Forces and Challenges Drivers: Cost Efficiency and Fertilizer Optimization Advancements in technology have minimized labor requirements in agriculture, making drip irrigation systems increasingly attractive. Moreover, the ability to apply fertilizers directly through drip irrigation, known as fertigation, enhances crop absorption and yields, presenting substantial benefits for farmers. Restraints: Maintenance Costs and System Challenges While drip irrigation offers numerous advantages, maintenance costs and system challenges pose significant hurdles. Constant pr