Food & Agriculture Trends

The   Commercial Greenhouse Market   size is estimated to be valued at USD 29.6 billion in 2020. It is projected to reach USD 50.6 billion by 2025, recording a CAGR of 11.3% in terms of value.  The growth of the market can be attributed to the rising demand for food due to the growing population and climate change, which affects the yield of crops. Also, growing knowledge about commercial greenhouse technology for higher yield will provide various growth opportunities for the commercial greenhouse market in the coming years. Download PDF Brochure Opportunities:   Increase in the demand for floriculture and ornamental horticulture applications Owing to a steady increase in the demand for flowers, floriculture has become one of the important commercial trades in agriculture. Hence, commercial floriculture has emerged as a hi-tech activity under controlled climatic conditions inside a greenhouse. Floriculture in developing countries such as India is viewed as a hig...

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 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 benefits of organic foods, implementation of orga...

The global   HMO market   is estimated to be valued at USD 199 million in 2022. It is projected to reach USD 556 million by 2027, recording a CAGR of 22.7% during the forecast period. The global HMO market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. With the rise in number of infants across the globe, the demand and preference for HMO-based infant formula along with the trend of adopting healthy lifestyle by consuming functional food and beverages has significantly boosted the utilization of HMO in manufacturing. Download PDF Brochure Digitalization of retail industry One of the latest trends encouraging the growth of the HMO composed products, including infant formulas and dietary supplement products market, is through online grocery shopping and the introduction of new apps. This makes it convenie...

The post-harvest treatment market is projected to grow from USD 1506.6 million in 2021 to USD 2325.7 million by 2027, recording a CAGR of 7.5% during the forecast period. This is attributed to the increasing trade of perishable products such as fruits and vegetables, which widens the application of post-harvest treatment to increase their shelf life during storage and transportation. Download PDF Brochure Driver: Growing demand for exotic fruits and vegetables due to a boom in the hospitality industry The export of fresh fruits and vegetables has been growing at a greater pace as compared to global trade in other commodities for the last ten years. Increasing trade of exotic fruits and vegetables is driving the use of post-harvest treatment products in order to keep the inventory (of exotic fruits and vegetables) fresh for a long duration. The demand for exotic fruits and vegetables is not dependent merely on their use and consumption in households; with the growing popularity of inte...

The global agricultural micronutrients market size is projected to grow from USD 4.3 Billion in 2022 to USD 6.4 Billion by 2027, recording a compound annual growth rate (CAGR) of 8.6% during the forecast period. The rise in the global population, leads to rise in need for food security across the globe majorly in developing and underdeveloped countries in the world. These key factors that are projected to drive the growth of the agricultural micronutrients market during the forecast period. Download PDF Brochure By type, the zinc segment is projected to dominate the agricultural micronutrients market during the forecast period. Soil nutrient deficiencies of zinc are vastly recorded in regions of Asia (India, China, and Indonesia), sub-Saharan Africa and the northwestern region of South America. According to a report on “Scarcity of micronutrients in soil, feed, food, and mineral reserves” by “The Platform for Agriculture, Innovation & Society,” an estimated 800,000 people die every...

The   Protein Ingredients Market   size was estimated to be valued at USD 52.5 billion in 2020. It is projected to reach USD 70.7 billion by 2025, recording a CAGR of 6.1%, in terms of value. The major factors driving the protein ingredients market include the increase in demand and consumption of functional food & beverages, growing consumer awareness about healthy diets among people, and increasing demand for protein as nutrition and functional ingredients. Download PDF Brochure Opportunities: Growing potential of dairy and plant proteins There is a huge growth potential for the global market, especially dairy and plant proteins. Dairy protein possesses a wide range of functional properties, including thickening & emulsification, gelling, foaming, heat stabilization, and flavor/color development. Its high nutritional quality and versatile, functional properties enable its usage in dairy desserts, nutritional beverages, ice cream, yogurt, spreads, confectionery, and b...

  The   Drip Irrigation Market  i s estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8% during the forecast period. The market is driven by factors such as enhanced crop yields, optimum utilization of resources, reduced agricultural input costs and improved efficiency in agricultural production. Download PDF Brochure Based on crop type, the field crops segment is projected to be the most significant contributor in the drip irrigation market during the forecast period The demand for field crops is likely to record a higher market share between 2020 and 2025. Drip irrigation has been gaining significance among field crop growers for its precise application to the crops, and thus, is offering increased benefits such as reduced costs, higher profit margins, and lesser water and fertilizer requirements. Drip irrigation proved to be profitable for growing vegetables, orchard crops, and turf & lawns; however, in the last decade...