Upcoming Growth Trends in the Specialty Fertilizers Market

The report "Specialty Fertilizers Market by Type (UAN, CAN, MAP, Potassium Sulfate, and Potassium Nitrate), Application Method (Soil, Foliar, and Fertigation), Form (Dry and Liquid), Crop Type, Technology, and Region – Global Forecast to 2025", The global specialty fertilizers market is estimated to be valued at USD 37.6 billion in 2020 and is projected to reach a value of USD 51.3 billion by 2025, growing at a CAGR of 6.4% during the forecast period. Factors such as the rise in demand for high-efficiency fertilizers and an increase in crop varieties are projected to drive the growth of the specialty fertilizers market.

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The urea-ammonium nitrate (UAN) segment is projected to be the largest segment in the specialty fertilizers market during the forecast period.

UAN is considered to be an excellent irrigation fertilizer for cereal production and irrigated plant cultivation. It is basically used before plowing the field, which helps in enhancing its degradation. Solutions of urea ammonium nitrate (UAN) are widely used as a source of nitrogen for plant nutrition. In combination with plant protective agents, it is mixed in the irrigation water for irrigated plant cultivation. Fluid fertilizers are blended together to meet the specific needs of a crop.

The fertigation segment is estimated to account for the largest market share, in terms of value, in 2020.

Fertigation is used in the fields of row crops, horticultural crops, fruit crops, vegetable crops, and ornamental & flowering crops. The fertigation method allows the homogenous application of liquid specialty fertilizers in an adequate amount to the wetted zone in the root development, where most of the active roots are concentrated, which helps in enhancing the efficiency of specialty fertilizers. This technique allows specialty fertilizers to be distributed evenly in irrigation. The application of specialty fertilizers through fertigation increases its efficiency by 10%–15%, as compared to conventional fertilization.

The coated & encapsulated segment is projected to witness the fastest growth, in terms of value, in the specialty fertilizers market, on the basis of technology, from 2016 to 2025.

Coated & encapsulated specialty fertilizers are conventional soluble fertilizer materials with increasingly available nutrients, which after granulation, prilling, or crystallization, are given a protective (water-insoluble) coating to control the water penetration, thereby affecting the rate of dissolution and nutrient release. To further reduce the total fertilizer costs, coated & encapsulated fertilizers are increasingly used with the blend of conventional fertilizers in different ratios. These fertilizers offer greater flexibility in determining the nutrient release pattern.

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South America is projected to grow at the highest CAGR during the forecast period.

The market for specialty fertilizers in the South America region is projected to grow at the highest CAGR from 2020 to 2025. According to FAOSTAT, Brazil is the largest producer of agricultural products due to the availability of abundant land and rural labor force, followed by Argentina. The growth in South America is majorly attributed to the increase in the adoption of agrochemicals and advancements in farming techniques in Brazil and Argentina with distribution channels established by global agrochemical players. Due to these factors, the market in the South America region is projected to record the highest growth from 2020 to 2025.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the liquid fertilizers market. It includes the profiles of leading companies, such as Nutrien, Ltd.(Canada), Yara International ASA (Norway), Israel Chemical Ltd. (Israel), K+S Aktiengesellschaft (Germany), Sociedad Química Y Minera De Chile (SQM) (Chile), The Mosaic Company (US), EuroChem Group (Switzerland), CF Industries Holdings, Inc. (US), OCP Group (Morocco), OCI Nitrogen (Netherlands), Wilbur-Ellis (US), Kugler (US), Haifa Group (Israel), COMPO Expert GmbH (Germany), AgroLiquid (US), Plant Food Company, Inc. (US), Coromandel International Ltd (India), and Deepak Fertilizers & Petrochemicals Corporation Ltd. (India), Nufarm (Australia), and Brandt (US).

Feed Yeast Market Growth Opportunities by 2025

The report "Feed Yeast Market by Type (Yeast Derivatives, Probiotic Yeast, Brewer’s Yeast, and Specialty Yeast), Livestock (Ruminants, Swine, Poultry, Aquatic Animals, Pets and Equine), Genus, and Region - Global Forecast to 2025", size is projected to reach USD 2.3 billion by 2025, which was estimated at USD 1.8 billion in 2020; it is expected to grow at a CAGR of 5.1% from 2020. The market is driven by factors such as ban on the use of antibiotics in feed as a growth promoter and increasing use of yeast as a nutritional supplement for livestock. Also, rising concern regarding animal health and feed quality has been driving the growth of this market.

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The feed yeast market includes major Tier I and II suppliers like Associated British Foods Inc., Archer Daniels Midland Company, Alltech Inc., Cargill, Lesaffre, Angel Yeast Co. Ltd., and Lallemand Inc. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. Though COVID-19 has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their feed yeast. Multiple manufacturing facilities of players are still in operation. The international trade barriers, closure of restaurants, hotels, and live animal markets, supply chain hindrances, consumption patterns of livestock-based products were considered to be mildly significant, which has disrupted the market for feed yeast.

However, during this pandemic situation, livestock farmers and animal breeders are facing minimal challenges in this market as yeast are found abundantly everywhere; on cereal grains, grain by-products, silages, hays and are even present in the soil and water and can be cultured rapidly and easily. So even if the processing plants or laboratories are closed, livestock farmers and animal breeders who source feed yeast from different manufacturers, can themselves practice live yeast culture. Thus, the decline in 2020 in the feed yeast market growth is mainly due to the major impact of COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for feed yeast would witness a slight increment in the upcoming years till 2025.

Increasing concerns about the COVID-19 spread on livestock and the rising awareness among consumers about consuming such livestock products have led manufacturers in the feed industry to opt for various natural and organic alternatives such as probiotic yeast. Feed yeast being a natural additives will witness an increase in its usage as more people are opting for organic and healthy products as compared to synthetic products. These growing concerns of consumers will require breeders to adapt natural additives, such as feed yeast.

The use of yeast derivatives for feed production is projected to be the largest market during the forecast period.

Beta-glucans, nucleotides, and mannooligosaccharides are the major yeast derivatives that exhibit efficient pathogen binding capacity, which restricts the growth of pathogens in the animal body. In addition, beta-glucans are the type of yeast derivatives that trigger the immune response in the animal body. The health benefits associated with the use of yeast derivatives as a feed additive increases its demand in the feed industry. Thus, the yeast derivatives segment is projected to witness a largest share in 2019.

The Saccharomyces spp. the segment is estimated to dominate the market during the forecast period.

Saccharomyces Spp. such as Saccharomyces cerevisiae and Saccharomyces boulardii are majorly used for yeast production and is used as one of the most important ingredients in feed. With the increasing demand for natural growth promoters for animals, the preference for Saccharomyces Spp. has increased as it is considered to be one of the best sources for nutritional yeast. The Saccharomyces Spp. segment accounted for the highest share in the feed yeast market in 2019 and witnessed high demand for use in feed yeast production.

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With the introduction of stringent regulations, Europe is estimated to be the second-largest market during the forecast period.

The feed yeast market in Europe is driven by the introduction of stringent regulations pertaining to the use of antibiotics in feed. Increasing awareness about the benefits of feed yeast is projected to contribute to the market growth. The high demand for quality and nutrient-rich feed in the European countries has led to the high demand for feed yeast among farmers. Moreover, the European legislators are also concerned about food and animal safety and thus have implemented many safety laws for the same. With high concerns related to animal health, the EU government has put a ban on the use of antibiotic growth promoters in feed due to its negative impact on animal health as well as on the health of human consumers. For the replacement of those antibiotics, naturally-sourced feed ingredients that have antibiotic properties such as feed yeast were developed by manufacturers.

This report includes a study of the development strategies of leading companies. The scope of this report includes a detailed study of feed yeast manufacturers such as Associated British Foods PLC. (UK), Archer Daniels Midland Company (US), Alltech Inc. (US), Cargill (US), Lesaffre (France), Angel Yeast Co. Ltd. (China), and Lallemand Inc. (Canada)

Probiotics in Animal Feed Market Will Hit Big Revenues In Future

The report "Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria, Yeast), Form (Dry, Liquid), and Region (North America, Europe, Asia Pacific, South America, & Rest of World) - Global Forecast to 2026", The global probiotics in animal feed market was valued at USD 4.4 billion in 2020. It is estimated to reach about USD 4.8 billion in 2021 and is projected to grow at a CAGR of 8.8%, to reach USD 7.3 billion by 2026. The growing awareness about meat and dairy products, health concerns related to livestock, and rising industrialization of animal-processed products are the major factors driving the probiotics in animal feed market. With the imposition of regulations by government agencies on the use of antibiotics, the demand for probiotics for animal feed is projected to remain high.

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The poultry segment is projected to be the largest revenue contributor in the probiotics in animal feed market during the forecast period.

The poultry segment is accounted to hold the largest share of the probiotics in animal feed market in 2020. Probiotics help improve the efficiency of feed and also enhance the feed intake among poultry. Probiotics are particularly important at a relatively young age for poultry as they help in stabilizing the intestinal bacteria, which are usually not present in chickens. These factors are contributing to the growth of probiotics in poultry segment.

The yeast segment is projected to account for the fastest growth, by source, during the forecast period.

Probiotics in animal feed are considered an important ingredient in animal nutrition, with benefits similar to those in human nutrition. The ban on synthetic antimicrobial growth promoters (AGPs) in Europe in 2006 has increased attention towards the effects of yeast products on the overall performance of animal health. These products contain live microorganisms (probiotics in animal feed ) that confer positive health effects on the host.

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The Asia Pacific is projected to account for the largest market size during the forecast period.

The Asia Pacific is a dominant region in the global probiotics in animal feed market. Some factors that influence the market share include the presence of key players in the regions and awareness about the benefits of using probiotics in animal feed. The Asia Pacific region has diverse livestock breeds that can search and consume locally available feeds and are disease-resistant; however, they have lower productivity. Therefore, there is growing demand for probiotics in animal feed. The companies have a strong presence in Europe and the Asia Pacific, and also have manufacturing facilities across these regions and a strong distribution network.

This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the probiotics in animal feed market. It includes profiles of leading companies such as Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DuPont (US), Evonik Industries (Germany), Land OLakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (US).

Pea Processed Ingredients Market Growth by Emerging Trends, Analysis, & Forecast to 2026

The report "Pea Processed Ingredients Market by Type (Pea protein (Isolates, Concentrates and Textured), Pea starch, Pea fiber, Pea Flour), Application (Food & Beverages), Source (Yellow split peas, chickpeas, and lentils), and Region - Global Forecast to 2026", pea processed ingredients includes pea protein, pea starch, pea flour, and pea fiber. The global pea processed ingredients market is expected to value at USD 3.1 billion in 2021 and is projected to reach nearly USD 5.0 billion by 2026, growing at a CAGR of 10.1% during the forecast period (2021-2026). Pea processed ingredients are used in different industries that include the food and beverage industry, pet food industry, feed industry among others. Owing the health benefits received from the pea ingredients has resulted in more popularity among the customers across the globe.

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By type, the pea protein segment is expected to hold the largest share in the market, during the forecast period

By different types the market has been segmented into pea protein, pea starch, pea fiber and pea flour. Pea protein segment dominated the market in 2020 and is expected to display similar trend in the coming years. Pea protein has high protein content and is a popular option among the vegan population as well as the people preferring plant-based ingredients infused in the food and beverage products. Pea protein consists of all the essential amino acids that are required in the food and is low in methionine.

The food segment is expected to hold one of the largest shares in the pea processed ingredients market, in terms of value, in 2021

In terms of application the market has been segmented into food, beverage and others that includes pet food, feed and industrial. Food segment dominated market in 2020 and is expected to display similar trend in the coming years. Rising demand for meat and meat substitute products among the customers is resulting to the dominance of food segment. Wheat, soy, peas, and beans are common sources of replacement plant based ingredients, which is attracting the vegan population as well as the people preferring plant based ingredients infused in the food products. A consumer survey in the UK and the Netherlands shows that, while consumers are typically aware of the ethical and political implications of their food choices, purchase intention is ultimately driven by the product’s sensory attributes. Pea protein has emerged as a key ingredient in the manufacturing of meat substitute products, such as burgers, sausages, and other product types.

By source, yellow split peas segment dominated the market in 2020 and is expected to display similar trend in the coming years

By different source, yellow split peas dominated the market in 2020. Yellow split peas is rich in protein content and is considered as a popular choice among the ingredient manufacturers. Yellow split peas are adopted for use in multiple food applications, including plant-based burgers and pea milk, which utilize pea processed ingredients such as pea protein starch derived from yellow split peas. They are also regarded as a high source of fiber and are taste-neutral in comparison. They are well-regarded for their non-allergen properties that aid their integration into different product types.

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North America region is projected to dominate the majority market share, in the pea processed ingredients market, in terms of value, in 2021

On the basis of region, the global pea processed ingredients market is segmented into North America, Europe, Asia Pacific, South America, and Rest of the World (including Africa and the Middle East). The North America region dominated the market in 2020 and is also expected to witness fastest growth during the forecast period. There is a rising demand for plant based ingredients among the population owing to the increasing demand for healthy meat and dairy substitute products. There is a growing trend towards vegan diets and consuming nutritious foods. This paradigm shift in food culture is being supported by medical communities, health & fitness clubs, celebrities and athletes influencing wellness and fitness. In addition to this, rising incidences of obesity, diabetes among the people in North America have also prompted consumers to adopt plant based ingredients in the food and beverage products.

This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the pea processed ingredients market. It includes the profiles of leading companies such as Emsland Group (Germany), DuPont (US), Kerry (Ireland), COSUCRA Groupe Warcoing SA (Belgium), Roquette Frères (France), Vestkorn Milling AS (Norway), Ingredion Incorporated (US), Axiom Foods, Inc (US), Felleskjøpet Rogaland Agder (Norway), AGT Food and Ingredients (Canada), Parrheim Foods (Canada), Puris Foods (US), Meelunie B.V (Netherlands) among others.

Crop Protection Chemicals Market to Witness Unprecedented Growth in Coming Years

The report "Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic, Biopesticides), Form (Liquid, Solid), Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2025", The global Crop protection chemicals size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.

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Herbicides, by type, are estimated to hold the largest market share during the forecast period.

The market for crop protection chemicals, by type, has been segmented into feed grade and nutrition grade. Herbicides are widely used in weed control, which helps in enhancing crop productivity and quality of output. Herbicides help in reducing soil erosion and increase soil fertility and crop yield. They are used to control or kill unwanted plants and are often known as weed killers.

The liquid segment, by form, is estimated to hold the largest share in the Crop protection chemicals during the forecast period

Liquid forms of crop protection chemical products are preferred more by suppliers as well as end-users. Liquid forms offer a longer shelf-life with easy handling, transportation, and application. Also, they are cost-effective, eco-friendly, and sustainable. Companies are investing in the technological development of crop protection chemicals in liquid forms. The liquid forms of crop protection chemicals can either be water-based, oil-based, polymer-based, or their combinations. Typical liquid formulating lines consist of storage tanks or containers to hold active ingredients, inert materials, and a mixing tank for formulating the crop protection chemical products. Water-based formulations require inert ingredients such as stabilizers, stickers, surfactants, coloring agents, anti-freeze compounds, and additional nutrients. Examples of liquid forms are suspension concentrate, suspo-emulsions, and capsule suspension.

Synthetic, by source, is estimated to account for the largest market share during the forecast period

Synthetic crop protection chemicals are manufactured in laboratories and are mixtures of chemicals that intend to avert, kill, repel, or destroy any pests. Synthetic crop protection chemicals are perceived to be toxic and dangerous if proper chemicals are not used. However, since the past 60 years, various innovative synthetic crop protection chemicals have been developed which are less toxic and more effective on crops. Due to innovative product development by the leading crop protection chemical manufacturing companies such as BASF SE (Germany), various new and more pest-specific synthetic crop protection chemicals are being developed, which cause less damage to the environment.

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South America is estimated to hold the largest market share during the forecast period

South America is an emerging agricultural powerhouse, growing at a rapid pace above the global growth average. Growth in this region is significantly contributed by the growth in Brazil and Argentina, which are the world’s most potent agricultural producers and are expected to grow well above the regional average. The economic growth in South America has been stimulated by democratization, economic reforms, and the foundation of the two trading blocs namely, Mercosur and the Andean Pact.

Regulatory framework in South America is quite weak as compared to North America and Europe. The South American Pesticide Action Network controls the regulatory issues in the region. The international trade system from the WTO for regional and bilateral trade deals also undermines national pesticide laws and threatens the ability of South American nations to prohibit dangerous chemicals from being used. This is especially observed in the case of WTOs demand for establishing certain common minimum standards for pesticides among countries. For instance, if a country wants to implement a stricter standard on pesticides as compared to the WTO, it could be recognized as a technical barrier to trade.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the Crop protection chemicals. It consists of the profiles of leading companies such BASF SE (Germany), The Dow Chemicals Company (US), Dupont (US), Sumitomo Chemical Co., Ltd (Japan), Syngenta AG (Switzerland), Bayer Cropscience AG (Germany), FMC Coropration (US), NufarmLimited (Australia), Adama Agricultural Solutions (Israel), Verdesian LIfescineces (US), Bioworks Inc. (US), Valent US (US), Arysta Lifescince Corporation (US), American Vanguard Corporation (US), Chr. Hansen (Denmark), Corteva Agrisciences (US), UPL Limited (India), Jiangsu Yangnong Chemical Group Co Ltd (China), Agrolac (Spain), Lianyungang Liben Crop Science Co. Ltd. (HongKong), Nanjing red sun co. ltd (China), Kumiai Chemicals (Japan), Wynca Chemicals (China), Lier Chemicals (China), Simpcam Oxon (Italy).

Latest Regulatory Trends Impacting the Trace Minerals in Feed Market

The report "Trace Minerals In Feed Market by Type (Iron, Zinc, Manganese, Copper, Cobalt, Chromium, Other Types), Livestock , Chelate Type (Amino Acids, Proteinates, Polysaccharides, Other Chelate Types), Form, And Region – Global Forecast To 2025", The global trace minerals in feed market size is estimated to be valued at USD 472 million in 2020 and is expected to reach a value of USD 608 million by 2025, growing at a CAGR of 5.2% during the forecast period. Factors such as the rise in production of compound feed, and the increase in the importance of protein-rich diets among consumers across the globe opened new avenues for trace minerals in feed market. The major feed producing countries in the world include China, the US, Brazil, Mexico, Spain, India, and Russia. The where the demand for chicken and red meat has been growing. This in these countries, which has also contributed to the growth of the market.

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Poultry, by livestock, is estimated to hold the largest share in the trace minerals in feed market during the forecast period

The poultry segment accounts for the largest share and is also projected to grow at the fastest rate during the forecast period. There has been a significant increase in demand for poultry meat and other byproducts across the globe. People are therefore engaging in animal rearing and animal husbandry to fulfil this global demand. The most effective way to achieve the highest production is to supply these birds with trace minerals, such as zinc, copper, and manganese, to increase their performance, which has led to an increase in demand for trace minerals. Trace minerals are indispensable components in poultry diets. They are required for growth, bone and feather development, and enzyme structure. The immune functions of all poultry species depend on trace minerals. This drives the growth of trace minerals in feed market across the globe.

Amino acids, by chelate type, is estimated to account for the largest market share during the forecast period

Amino acids are considered an ideal chelator due to their ability to be easily absorbed in the animal body. This is due to the attachment of amino acids to the mineral molecules that create a more stable structure, which helps the minerals survive in the acidic environment of the stomach. Furthermore, trace minerals are protected from various bacteria present in the body of animals, and enzymes are unable to degrade it. It also inhibits the antagonistic action between metal ions and decreases the breaking down of vitamins in the feed. This is due to their ability to be easily absorbed in the body for the normal functioning of protein synthesis. This increases the absorption of minerals directly in the intestinal wall, along with amino acid ligands, to which they are bonded.

Dry, by form, is estimated to account for the largest market share during the forecast period

The dry segment accounted for the largest share in 2019, as trace mineral products in the dry form enable the hygienic supply of these ingredients, and the feeding system is comparatively easy to manage. Furthermore, the ease of mixing dry form of trace minerals into the total feed, relative cost-effectiveness as compared to the liquid form, and its long shelf life are some of the other key factors encouraging its use in dry form. Trace minerals are mostly available in the dry form, as they are easy to mix with feed products in the appropriate quantity. For instance, the powdered copper and zinc could be mixed in the ratio of a billion parts of copper or just one part of zinc. Additionally, other minerals and trace minerals in powdered form could be mixed in similar ratios, without causing a reaction. Furthermore, chelated trace minerals in the dry form find application in various livestock. In addition, when mixed with dry feed, they are often absorbed more efficiently by the body, if supplied rather than used as supplements.

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Asia Pacific is estimated to hold the largest market share during the forecast period

The trace minerals in feed market is estimated to grow significantly in the Asia Pacific region due to the rise in demand for poultry meat and poultry byproducts as well as ruminants from the major economies such as China, India, Japan and other South East Asian countries as they experience a surge in the increase in a number of health-conscious consumers. With the increase in awareness amongst consumers about the essential nutrients requirement in daily diet, have increased the demand for protein rich meat. In Asia Pacific, trends around healthy lifestyles and prevention among older consumers trying to avoid expensive healthcare costs and extend healthy lifespans are generating growth opportunities dietary supplements. Thus, causing Trace minerals in feed to flourish in the region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the Trace minerals in feed market. It consists of the profiles of leading companies such Cargill, Incorporated (US), (US), BASF SE (Germany), Bluestar Adisseo Co., Ltd (China), Koninklijke DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), Alltech (US), Zinpro (US), Orffa (Netherlands), Novus International (US), Kemin Industries, Inc. (US), Lallemand, Inc. (Canada), Virbac (France), Global Animal Nutrition (US), Dr. Paul Lohmann Gmbh & Co. KGAA (Germany), Biochem Zusatzstoffe (Germany), Veterinary Professional Services Ltd. (Vetpro) (New Zealand), Chemlock Nutrition Corporation (US), dr. eckel animal nutrition gmbh & co.kG (Germany), Vetline (India), Green Mountain Nutritional Services Inc. (US), Biorigin (Brazil), Tanke (China), JH Biotech, Inc. (US), QualiTech, Inc. (US)..

Upcoming Growth Trends in the Flavor Systems Market

The report "Flavor Systems Market by Type (Brown, Dairy, Herbs & Botanicals, Fruits & Vegetables), Application (Beverages, Savories & Snacks, Bakery & Confectionery Products, Dairy & Frozen Desserts), Source, Form, and Region - Global Forecast to 2023", is estimated to be valued at USD 5.64 billion in 2018 and is projected to reach a value of USD 6.96 billion by 2023, growing at a CAGR of 4.3% during the forecast period. Factors such as the Creation of novel flavors driven by favorable consumer reception and cross-product usage of flavors are driving the growth of this market.

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The brown segment by type, is estimated to account for a larger market share, in 2018

The brown segment dominated the market for flavor systems. This is attributed to the fact that brown flavors are the most commonly used flavor variant and used across a number of applications. There has been an increase in the number of areas such as beverages, and dairy, in which brown finds applications. Due to these factors, the market is projected to witness significant growth.

The nature-identical segment by source is estimated to be the fastest growing segment in the flavor systems market, during the forecast period

They are chemically identical to substances that are naturally present in materials of plant and animal origins. Although nature-identical substances are formulated in a laboratory, the human body cannot distinguish between natural and nature-identical substances. Therefore, nature-identical flavoring substances, having molecular structures that mimic the chemical structures of natural ingredients, enjoy a higher preference among consumers, especially because these substances have no artificial flavoring. Thus, this segment is projected to witness fastest growth in coming years.

The beverages segment, by application, is estimated to account for the largest market share, by value, in 2018

The market for beverages held the largest share in 2017 in the flavor systems market and is also projected to be the fastest-growing segment during the forecast period. The use of various types of flavors in this application is largely attributed to the introduction and combination of different flavors to create an elegant and aromatic taste.

The liquid segment, by form, is estimated to account for the largest market share, in 2018 and is projected to be the fastest-growing segment during the forecast period

Liquid form of flavoring systems is made available in oil as well as water-based textures. A common form of using liquid flavor systems is via flavor microemulsions. Flavor microemulsions which find its usage in clear beverages and other consumer products, are defined as a clear, thermodynamically stable dispersion of two immiscible liquids—oil-in-water or water-in-oil. Flavor enhancers can easily be mixed in various application and therefor has higher demand.

Mass customization of flavor systems has created opportunities for manufacturers

Mass customization majorly refers to the entire process of providing a wide variety of goods or services that are then modified and customized to suit major consumer group requirements. Mass customization is mostly used as a marketing and manufacturing technique wherein the products offered ensure a certain level of flexibility and personalization. This technique also ensures manufacturers with low unit costs, thereby improving operational efficiencies. The technique of mass customization has gained a high degree of traction in recent times due to consumers being increasingly inclined toward highly customized options. While consumers earlier focused on efficient and reasonable products, they are willing a slightly premium price for customized or quality products today. Owing to such factors, opportunities pertaining to customized solutions have started to gain pace and significance in the market.

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Europe is projected to grow at the highest CAGR of 5.0% during the forecast period

In Europe, growing consumption of bakery & confectionery products and savories & snack products, and the demand for their product variety has resulted in intensifying demand for flavor systems in these food products. Moreover, several innovations in food & beverages industry happening in this region that also accommodates flavor systems have been driving the growth of flavor systems market in this region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the flavor systems market. Givaudan (Switzerland), International Flavors & Fragrances (IFF) (US), Firmenich (Switzerland), Symrise (Germany), and Mane SA (France) are the leading players in the flavor systems market. Some of the other players in the flavor systems market include Frutarom (Israel), Sensient (US), Takasago (Japan), Robertet (France), Tate & Lyle (France), T. Hasegawa (Japan), Kerry Group (Ireland).

Rice Seeds Market to See Major Growth by 2023

The Rice Seeds Market is projected to reach USD 7.62 billion by 2023, from USD 5.47 billion in 2018, at a CAGR of 6.8% during the forecast period. The market for rice seeds is driven by factors such as the increasing technological advances in rice breeding, declining prices of hybrid rice seeds, growing adoption of hybrid rice seeds in the developed and developing countries, and rising seed replacement rate for paddy across Asian countries.

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By seed size, long grain rice seeds are estimated to be most widely used in 2018. This is owing to the high rate of cultivation across various countries in North America and Asia. The limited application of short grain rice in the food industry is also aiding in driving the growth of these types of seeds. For instance, in Asian countries, Basmati and jasmine are some of the long-grain rice varieties that are exported from Asia in large quantities and have industrial importance from the perspective of rice millers in terms of price value. The major players in the market, such as Bayer and DowDuPont, focus on long rice grains, followed by medium-sized rice and short rice.

By treatment, untreated rice seeds account for a larger market size; however, treatment of seeds and their adoption has been gaining importance for field crops, such as corn, wheat, and soybean, to reduce crop loss from early pest attacks. However, the adoption of this technology for rice is still gradual across countries. Rice is mainly cultivated in Asian countries. However, farmers are reluctant to invest capital in crop inputs and prefer adopting the traditional techniques of crop protection. Due to the rising need for sustainable agriculture and integrated pest management guidelines laid by governments in Asian countries has encouraged farmers to adopt seed coating technologies. On account of these factors, this segment is projected to grow at the highest rate during the forecast period.

By hybridization technique, the three-line system has a higher market share and is adopted more often by major players for hybrid seed production in Asian countries. Very few companies such as LongPing Hi-Tech and RiceTec Inc. have been relying on the two-line system for product development. The dearth of skilled labor and requirement of a controlled environment and huge land area for system set-up are the major factors restraining the growth of the two-line system in Asian countries. The US and China are the major countries that are staying ahead of the curve and adopting the two-line system owing to the benefits associated with it.

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By region, the Asia Pacific accounted for the largest share. The region is a major consumer and producer of rice across the globe, and inadequate arable land in this region has encouraged farmers for better yield from their cultivation. Adoption of advanced technologies such as hybrid and certified seeds is also increasing in this region. Since rice cultivation in other regions of the world is comparatively low, the growth of the Asia Pacific market is projected to remain steady during the forecast period and is projected to be the fastest-growing region during the forecast period.

The market for the competitive landscape rice seeds is highly fragmented, with many players who have a global presence and strong R&D and technological capacities to meet the growing demand across the globe. New product launches and collaborations are some of the strategies which are being adopted by players in the rice seed market to penetrate new markets.

Latest Regulatory Trends Impacting the Nutraceutical Excipients Market

The Report "Nutraceutical Excipients Market by Functionality (Binders, Fillers & Diluents, Coating Agents, and Flavoring Agents), End Product (Prebiotics, Probiotics, Proteins & Amino Acids, and Vitamins), Form (Dry and Liquid), and Region - Global Forecast to 2025", The global nutraceutical excipients market size is estimated to account for about USD 3.4 billion in 2020 and projected to reach a value of nearly USD 4.9 billion by 2025, growing at a CAGR of 7.3% from 2020 to 2025. The market for nutraceutical excipients market has been growing in accordance with the rise in demand and consumption for nutraceuticals, around the globe. The consumption of dietary supplements in the form of tablets and capsules has been witnessing an upsurge demand in recent times, owing to the growing awareness for health benefits offered by these products that helps to support the wellbeing of the consumers. The key driving factors of the nutraceutical excipients market include increasing consumer concerns regarding maintaining a balanced diet and growing consumer awareness about several diseases caused due to lack of intake of necessary nutrients as a result of imbalanced dietary lifestyles. Food fortification is one of the major trends, which is also fueling the nutraceutical excipients market in the functional food & beverage industry.

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By form, the dry segment is estimated to account for the largest share in the nutraceutical excipients market in 2020

The dry form of nutraceutical excipients accounted for a larger market share, as compared to the liquid form. The popularity of the dry form can be attributed to its cost-effectiveness and convenience in multiple applications. An increase in demand for dry beverage mixes with additional nutrients, including customized mixes and consumer preference for fortified beverages are fueling the growth of the dry segment in the nutraceutical excipients market.

By functionality, the binders segment is estimated to account for the largest share in the nutraceutical excipients market in 2020

Based on functionality, binders accounted for the largest market share in 2019, followed by the fillers & diluents functionality segment. Binders are increasingly being used by dietary supplement manufacturers since these excipients are formulated to act as an adhesive to “bind together” powders, granules, and other dry ingredients to impart the required mechanical strength. Binders can also help in adding volume to low-active dose tablets, resulting in producing effective tablets with appropriate actives by holding the ingredients together. In addition, some binders also act as fillers and diluents in an array of application products, namely magnesium stearate, which is widely used as food and supplement additive. Due to factors such as versatility and vital importance in gaining product efficiency, binders are gaining traction. They are witnessing a rise in consumption as an excipient in the nutraceutical industry.

The segment estimated to account for the largest share in the nutraceutical excipients market in 2020, by end-product is the probiotics segments.

Probiotics are yeast and good bacteria that are beneficial for consumers, as they enhance digestion and gut health, improve immunity, increase nutrient absorption, and lower the chances of food allergies. Probiotic products are offered in different forms, including yogurt and drinks, and supplement forms such as tablets and capsules. However, there are two main challenges to develop a probiotic formulation viable for commercial utilization. The first one is the quality of health attributes that the probiotic organisms can confer, and the second one is the stability of the formulation till the end of its shelf life. Companies are focusing on developing and offering probiotic blend products, which includes APIs (Active Pharmaceutical Ingredient), containing probiotic formulations by using different types of excipients. Among the excipients used in these blends for probiotics formulation, mannitol was found the most suitable, which helped in the enhancement of the shelf life of end-products.

North America is estimated to dominate the nutraceutical excipients market in 2020

North America accounted for the largest market share in 2019. The nutraceutical excipients market in North America is dominating, owing to the concentration of the global players such as DuPont (US), Kerry (Ireland), Cargill (US), and Ingredion (US). The market for nutraceutical excipients here is mature, and hence, the growth is moderate compared to other regions. Other factors contributing to the growth of nutraceutical excipients in North American region include the busy lifestyle of consumers, prevalence of chronic diseases due to hectic lifestyles, and an increase in awareness among consumers regarding the health benefits of nutritional foods, including food supplements, which has driven the demand for functional food products. In addition, the use of technological advancements and new product launches have made excipients available for a wide range of applications in the fortified food & beverage, dietary supplements, and nutraceuticals sectors, which is projected to drive the growth of the market in the region.

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This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the nutraceutical excipients market. The key players in the nutraceutical excipients market include DuPont (US), BASF SE (Germany), Kerry Group PLC (Ireland), Ingredion Plc (US), Sensient Technologies (US), Associated British Foods (UK), Roquette Freres (France), Meggle Group Wasser (Germany), Cargill Inc (US), Ashland Global Holdings Inc (US), Seppic (France), Shin-Etsu Chemical Co Ltd (Japan), Fuji Chemical Industries Co Ltd (Japan), Pharmatrans Sanaq AG (Switzerland), Pioma Chemicals (India), Gattefosse (India), W.R.Grace & Co (US), Omya (Switzerland), Grain Processing Corp (US), and Gangwal Chemicals Pvt Ltd (India). The nutraceutical excipients market also consists of key start-up players, which include IMCD (Netherlands), Hilmar Ingredients (US), Innophos Holdings Inc (US), JRS Pharma (Germany), Biogrund GmbH (Germany), Pharma Line Intl Corp (South Korea), Jigs Chemical (India), Panchamrut Chemicals (India), Azelis Chemical Ltd (Europe), and Daicel Group (Japan).

Agricultural Adjuvants Market: Growth Opportunities and Recent Developments

The report "Agricultural Adjuvants Market by Function (Activator and Utility), Application (Herbicides, Insecticides, and Fungicides), Formulation (Suspension Concentrates and Emulsifiable Concentrates), Adoption Stage, Crop Type, and Region - Global Forecast 2026", is estimated to be valued at USD 3.1 billion in 2020 and is projected to reach a value of USD 4.4 billion by 2026, growing at a CAGR of 6.1% during the forecast period. Factors such as the rising demand for improved crop varieties is driving the growth of the agricultural adjuvants market.

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The agricultural adjuvants market includes major product manufacturers and service providers like ) Corteva (US), Evonik Industries (Germany), Nufarm (Australia), Croda International (UK), and Solvay (Belgium). These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. The companies in the global market have been affected, logistics and international demand wise. However, many businesses remained operational through the pandemic and were able to mitigate the risks to their businesses instantaneously.

The surfactants segment by activator adjuvants is estimated to be the most widely used function of the agricultural adjuvants market.

Surfactants have been mixed traditionally with pesticides, especially herbicides, to enhance the droplet retention characteristics of pesticides. The market for agricultural surfactants accounted for the largest share of the global agricultural adjuvants market. Also, amongst the products offered by the key players, products offered as non-ionic surfactants are of much higher preference for its compatibility with a broader range of pesticides. Due to these factors, the market is projected to witness significant growth.

The herbicides segment is estimated to witness the fastest growth in the agricultural adjuvants market, in terms of value from 2020 to 2026

Herbicides are used to kill or control unwanted plants. They have largely replaced mechanical methods of weed control in countries where intensive and highly mechanized agriculture is practiced. Adjuvants are the substances which are either added in a herbicide formulation or to the spray tank that helps in modifying the herbicidal activity or application characteristics, such as spray retention and droplet drying, increasing droplet coverage, increasing herbicide cuticle penetration, better mixing & handling, as well as cellular accumulation which reduces the leaching of herbicide through the soil profile, etc. The benefits associated with herbicides are the major factors contributing to the fastest growth of this market, globally.

The cereals & grains segment, by crop type, is estimated to account for the largest market share, by value, in 2020

Cereals & grains accounted for the largest consumption of herbicides in North America and Asia Pacific, owing to the high cultivation of corn and wheat in countries such as the US and China. Adjuvants are added to the commercial formulae of herbicides to improve their efficacy by increasing the adhesion properties of herbicides to the leaf surface, as well as aiding transport across the waxy cuticle membrane and into the plant. Adjuvants used in herbicide treatment solutions for cereals & grains aim to improve spray droplet retention and penetration of active ingredients into the plant foliage. Thus, the cereals and grains segment is estimated to be the most popular crop type in the agricultural adjuvants market.

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Asia Pacific is projected to grow at the highest CAGR% during the forecast period

The market for agricultural adjuvants in the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2026, owing to the increasing investments by key players in countries such as China, India, and Thailand, and also the rising adoption of adjuvant technology by the crop growers for insecticide applications. Due to these factors, the market in the Asia Pacific region is projected to record the highest growth from 2020 to 2026.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the agricultural adjuvants market. It includes the profiles of leading companies such as this market include Miller Chemical and Fertilizer, LLC (US), Precision Laboratories (US), CHS Inc (US), WinField United (US), Kalo Inc. (US), Nouryon (Netherlands), Corteva (US), Evonik Industries (Germany), Nufarm (Australia), Croda International (UK), Solvay (Belgium), BASF (Germany), Huntsman Corporation (US), Clariant (US), Helena Agri-Enterprises (US), Stepan Company (US), Wilbur-Ellis Company (US), Brandt (US), Plant Health Technologies (US), Innvictis Crop Care (US), Interagro (UK), Lamberti S.P.A (US), Drexel Chemical Company (US), GarrCo Products Inc. (US), and Loveland Products Inc. (US).

Biofertilizers Market Projected to Garner Significant Revenues by 2026

The report "Biofertilizers Market by Form (Liquid, Carrier-Based), Mode of Application (Soil Treatment, Seed Treatment), Type (Nitrogen-fixing, Phosphate solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), Crop Type, and Region - Global Forecast to 2026", The global biofertilizers market size is estimated to be valued at USD 2.6 billion in 2021 and is expected to reach a value of USD 4.5 billion by 2026, growing at a CAGR of 11.9% in terms of value during the forecast period. Factors such as growth in consumer preference for organic food products, adoption of soil fertility management practices, serious concerns regarding the control of nitrate emissions and eutrophication in the aquatic environment, and government promotions for the use of organic fertilizers are some of the factors driving the growth of the biofertilizers market.

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Liquid, by form, is estimated to hold the largest market share during the forecast period

The market for biofertilizers, by form, has been segmented into liquid biofertilizers and carrier-based biofertilizers. Liquid biofertilizers account for the largest market during the forecast period owing to the large pool of products available in the market. Liquid biofertilizer technology is considered an alternative solution to the conventional form of carrier-based biofertilizers. Liquid biofertilizers are specially formulated and contain not only the desired microorganisms and their nutrients, but also substances that can support the stability of the storage conditions of resting spores and cysts for longer shelf-life. Liquid fertilizers have better tolerance limits for adverse conditions. The quality control protocols for liquid biofertilizers are easy and expeditious compared to carrier-based biofertilizers.

Pulses & oilseeds, by crop type, is projected to grow at the second-highest CAGR in the biofertilizers market during the forecast period

The pulses & oilseeds segment is projected to grow at the second-fastest rate during the forecast period. Oilseeds such as soybean are also used as animal feed in the form of cakes as well as in the production of biodiesel and other renewable chemicals. Inoculation with Rhizobium is often recommended to augment nitrogen supply from the soil, particularly where the crop has been introduced recently or has not been grown for several years, or where the native Rhizobium population is inadequate and/or ineffective. Pigeon pea is another important perennial legume crop, which often requires a significant amount of soil nutrients for proper growth. These requirements are easily fulfilled with the assistance of biofertilizers at an affordable price, thus increasing the demand for biofertilizers.

Nitrogen-fixing microbes, by type, is estimated to account for the largest market share during the forecast period

Nitrogen-fixing microbes account for the largest market size during the forecast period. Biological nitrogen fixation provides sustainable and environment-friendly agricultural production. The value of nitrogen-fixing biofertilizers in improving and enabling a higher yield of legumes and other crops can be realized through the application of biofertilizers. They are mainly used in legumes, pulses, black grams, groundnuts, and soybeans. Among all the microorganisms, rhizobium is majorly used due to its efficiency in nitrogen fixation as well as popularity. Rhizobium is a symbiotic, nitrogen-fixing bacterium, which integrates atmospheric nitrogen and fixes it in the root nodules of crops.

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North America is estimated to hold the largest market share during the forecast period

The imposition of bans on the usage of harmful chemicals and fertilizers in the agricultural industry by governments in North American countries has created a high growth potential for biofertilizers. In addition, the increasing acceptance of organic foods among consumers is projected to widen the scope of growth for leading players. The US dominated the biofertilizers market in North America in 2020. The FDA introduced stringent regulations pertaining to the quality standards of agricultural products, which is projected to encourage the use of biofertilizers in the US.

This report includes a study on the marketing strategies and the product portfolios of the major companies that operate in the biofertilizers market. The report has leading company profiles such as Novozymes A/S (Denmark), Vegalab SA (Switzerland), UPL Limited (India), Chr. Hansen Holding A/S (Denmark), Kiwa Bio-Tech (China), Lallemand Inc. (US), Rizobacter Argentina S.A. (Argentina), T. Stanes & Company Limited (India), IPL Biologicals Limited (India), Nutramax Laboratories Inc. (US), Symborg (Spain), Kan Biosys (India), Mapleton Agri Biotech Pty Ltd (Australia), Seipasa (Spain), AgriLife (India), Manidharma Biotech Pvt Ltd (India), Biomax Naturals (India), Jaipur Bio Fertilizers (India), Valent BioSciences (US), Aumgene Biosciences (India), Agrinos (US), Criyagen (India), LKB BioFertilizer (Malaysia), Varsha Bioscience and Technology India Pvt Ltd. (India), and Valagro (Italy).

Food Enzymes Market: Growth Opportunities and Recent Developments

The report "Food Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Source, Application (Food & Beverages), Formulation, and Region(North America, Europe, Asia Pacific, and South America) – Global Forecast to 2026", The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The growing demand for diverse range of food products, clean label trend, and increase in disposable income are the factors that are projected to drive the growth of the food enzymes market globally.

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The microorganism segment is projected to witness significant growth during the forecast period.

Based on source, the food enzymes market is segmented into microorganism, plants, and animal. The microorganism segment is projected to witness the fastest growth during the forecast period, as enzymes obtained from microbial sources lead to low production costs and are stable than other sources. They can be produced through fermentation techniques in a cost-effective manner with less time and space requirement, and because of their high consistency, process modification and optimization are easily done.

The carbohydrases segment is projected to account for a major share in the food enzymes market during the forecast period

By type, the food enzymes market is segmented into carbohydrases, proteases, lipases, polymerases & nucleases, and other enzymes (such as catalases, laccases, oxidases, phosphatases, kinases, esterases, and pectinases). Carbohydrases are classified into amylases, cellulases, and other carbohydrases (such as pectinases, lactases, mannanases, and pullulanases). Amylase is used in the baking industry as the addition of amylase to the dough, enhances the fermentation rate which results in the reduction of the viscosity of dough, further improving the volume and texture of the product. Due to easy modification and optimization processes, there is a huge usage of amylase in the food & beverage industry.

The North American region dominated the food enzymes market with the largest share in 2020, whereas Asia Pacific is expected to witness the highest growth rate.

The food enzymes market in North America was dominant due to the increasing demand for enzymes in food applications. Technological innovations in machinery, optimization of production, logistics, and globalization of business have made the food & beverage industry one of the essential sectors in North America. However, the shift of food operations from developed regions, such as North America and Europe, to Asia Pacific, has further contributed to the growth of the food enzymes market in the Asia Pacific region.

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This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHR. Hansen Holdings A/S(Denmark), Kerry Group (Ireland), Jiangsu Boli Bioproducts Co., Ltd. (China), Biocatalysts Ltd. (UK), Puratos Group (Belgium), Advanced Enzyme Technologies Ltd (India), Amano Enzyme Inc. (Japan), Enzyme Development Corporation (US), ENMEX, S.A. de C.V. (Mexico), Aumgene Biosciences (India), Creative Enzymes (US), SUNSON Industry Group Co., Ltd (China), AUM Enzymes (India), Xike Biotechnology Co. Ltd. (China), and Antozyme Biotech Pvt Ltd (India).

Factors Driving the Crop Protection Chemicals Market

The report "Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic, Biopesticides), Form (Liquid, Solid), Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2025" The global Crop protection chemicals size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.

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Herbicides, by type, are estimated to hold the largest market share during the forecast period.

Herbicides are widely used in weed control, which helps in enhancing crop productivity and quality of output. Herbicides help in reducing soil erosion and increase soil fertility and crop yield. They are used to control or kill unwanted plants and are often known as weed killers.

The liquid segment, by form, is estimated to hold the largest share in the Crop protection chemicals during the forecast period

Liquid forms of crop protection chemical products are preferred more by suppliers as well as end-users. Liquid forms offer a longer shelf-life with easy handling, transportation, and application. Also, they are cost-effective, eco-friendly, and sustainable. Companies are investing in the technological development of crop protection chemicals in liquid forms. The liquid forms of crop protection chemicals can either be water-based, oil-based, polymer-based, or their combinations. Typical liquid formulating lines consist of storage tanks or containers to hold active ingredients, inert materials, and a mixing tank for formulating the crop protection chemical products. Water-based formulations require inert ingredients such as stabilizers, stickers, surfactants, coloring agents, anti-freeze compounds, and additional nutrients. Examples of liquid forms are suspension concentrate, suspo-emulsions, and capsule suspension.

Synthetic, by source, is estimated to account for the largest market share during the forecast period

Synthetic crop protection chemicals are manufactured in laboratories and are mixtures of chemicals that intend to avert, kill, repel, or destroy any pests. Synthetic crop protection chemicals are perceived to be toxic and dangerous if proper chemicals are not used. However, since the past 60 years, various innovative synthetic crop protection chemicals have been developed which are less toxic and more effective on crops. Due to innovative product development by the leading crop protection chemical manufacturing companies such as BASF SE (Germany), various new and more pest-specific synthetic crop protection chemicals are being developed, which cause less damage to the environment.

Foliar spray, by mode of application, is estimated to account for the largest market share during the forecast period

The foliar spray mode of application is the most widely used for crop protection chemicals. It can be used for herbicides, insecticides, as well as fungicides. However, it is majorly used for spraying herbicides and insecticides due to labor shortage for removing unwanted weeds manually and also for destroying insect attacks on crops.

Foliar spray or foliar feeding is a technique of feeding plants by applying liquid crop protection chemicals directly to their leaves. Foliar spray is suitable for destroying large number of unwanted grasses, herbs, and shrubs.

Cereals & grains, by crop type, is estimated to account for the largest market share during the forecast period

The cereals & oilseeds segment accounted for the largest market share in terms of value; this is projected to grow at the highest CAGR during the forecast period. The demand for cereals & oilseeds is increasing significantly across the globe owing to the increasing demand for food.

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South America is estimated to hold the largest market share during the forecast period

South America is an emerging agricultural powerhouse, growing at a rapid pace above the global growth average. Growth in this region is significantly contributed by the growth in Brazil and Argentina, which are the world’s most potent agricultural producers and are expected to grow well above the regional average. The economic growth in South America has been stimulated by democratization, economic reforms, and the foundation of the two trading blocs namely, Mercosur and the Andean Pact.

Regulatory framework in South America is quite weak as compared to North America and Europe. The South American Pesticide Action Network controls the regulatory issues in the region. The international trade system from the WTO for regional and bilateral trade deals also undermines national pesticide laws and threatens the ability of South American nations to prohibit dangerous chemicals from being used. This is especially observed in the case of WTOs demand for establishing certain common minimum standards for pesticides among countries. For instance, if a country wants to implement a stricter standard on pesticides as compared to the WTO, it could be recognized as a technical barrier to trade.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the Crop protection chemicals. It consists of the profiles of leading companies such BASF SE (Germany), The Dow Chemicals Company (US), Dupont (US), Sumitomo Chemical Co., Ltd (Japan), Syngenta AG (Switzerland), Bayer Cropscience AG (Germany), FMC Coropration (US), NufarmLimited (Australia), Adama Agricultural Solutions (Israel), Verdesian LIfescineces (US), Bioworks Inc. (US), Valent US (US), Arysta Lifescince Corporation (US), American Vanguard Corporation (US), Chr. Hansen (Denmark), Corteva Agrisciences (US), UPL Limited (India), Jiangsu Yangnong Chemical Group Co Ltd (China), Agrolac (Spain), Lianyungang Liben Crop Science Co. Ltd. (HongKong), Nanjing red sun co. ltd (China), Kumiai Chemicals (Japan), Wynca Chemicals (China), Lier Chemicals (China), Simpcam Oxon (Italy).

Dietary Supplements Market: Growth Opportunities and Recent Developments

The report "Dietary Supplements Market by Type (Vitamins, Minerals, Botanicals, Amino acids, Enzymes, Probiotics), Function (Additional, Medicinal, Sports Nutrition), Mode of Application (Capsules, Tablets, Liquid), Target Customer and Region - Global Forecast to 2026", According to MarketsandMarkets, the global dietary supplements market size is estimated to be valued at USD 136.2 billion in 2020 and projected to reach USD 204.7 billion by 2026, recording a CAGR of 7.0% during the forecast period.

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The demand for dietary supplements is increasing significantly owing to rising prevalence of chronic diseases and changing dietary habits of the consumers. Increasing consumer health awareness and rising disposable income across regions are factors that have encouraged people to shift to dietary supplements. The elderly population is focusing on adapting to nutritional supplements specifically tailored to their needs to maintain their good health and quality of life.

The adult segment, by target customer, is projected to witness significant growth during the forecast period.

The deficiency of certain vitamins in adults is one of the key factors that have led to the rise in the consumption of dietary supplements among adults. According to National Health and Nutrition Examination Survey, in 2016, nearly 150 million Americans consume dietary supplements, out of which, among adults, 44% of men and 55% of women are consumers. This is projected to drive the demand for dietary supplements among adults.

The North American region dominates the dietary supplements market with the largest share in 2020.

North America is projected to hold the largest share in the dietary supplements market. This dominance is driven by the prevalence of chronic diseases due to the hectic lifestyles and increasing awareness among consumers regarding the health benefits of the product. Also, the region has the highest prevalence of obesity. According to the CDC, in the US, the obesity prevalence was 39.8% and affected about 93.3 million adults between 2015 and 2016. Such factors are projected to contribute to the growth of dietary supplements market.

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This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, Amway (US), Herbalife Nutrition (US), ADM (US), Pfizer (US), Abbott Laboratories (US), Arkopharma Laboratories (France), Bayer (Germany), Glanbia (Ireland), Nature’s Sunshine Products (US), FANCL (Japan), Danisco (Denmark), Bionova Lifesciences (India), XanGo (US), Ekomir (Russia), American Health (US), Pure Encapsulations (US), UST Manufacturing (US), Capstone Nutrition (US), Anona GmBH (Germany), Plantafood Medical GmBH (Germany).

Plant-based Meat Market to Record Steady Growth by 2025

The report "Plant-based Meat Market by Source (Soy, Wheat, Pea, & Other Sources), Product (Burger Patties, Strips & Nuggets, Sausages, Meatballs, & Other Products), Type (Beef, Chicken, Pork, Fish, & Other Types), Process, and Region - Global Forecast to 2025", According to MarketsandMarkets, the global plant-based meat market size is estimated to be valued at USD 4.3 billion in 2020. It is projected to reach USD 8.3 billion by 2025, recording a CAGR of 14.0% in terms of value. Growing vegan and flexitarian populations across the world, rising awareness about the health benefits offered by plant-based meat over animal meat, and growth in government initiatives along with significant investments are driving the global plant-based meat market.

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The soy segment accounted for the largest share in the plant-based meat market

Based on sources, soy dominated the plant-based meat market. Soy serves as an alternative to meat sources such as pork, beef, and chicken, owing to its high protein content. Traditionally, the consumption of soy and soy products is associated with the Asian population. However, the consumption of soy foods has recently risen in Western countries, owing to the increase in the adoption of vegetarian diets. Soy-based foods are cholesterol-free against animal protein foods and serve as a source of fibers, vitamins, and other essential nutrients. Plant-based meat producers are increasingly incorporating soy to make products such as burgers, meatballs, and sausages.

The chicken segment accounted for a significant share in the plant-based meat market

Based on type, chicken accounted for the second-largest dominating segment in the plant-based meat market. Various strips, nuggets, and burgers contain chicken meat as their major ingredient. The products developed by many food companies thus offer plant-based chicken in various forms such as strips, nuggets, cutlets, and burger patties, which is leading to the rising demand for plant-based chicken meat.

The strips & nuggets segment is projected to grow at a significant growth rate in the plant-based meat market during the forecast period

By product, the plant-based meat market is segmented into burger patties, strips & nuggets, sausages, meatballs, and other products such as slices, fillets, cutlets, slides, fingers, and crumbles. They are a healthier alternative to meat and are environmentally more sustainable, which is why more food manufacturers are developing plant-based meat products. Several start-ups are going mainstream with the launch of plant-based burgers, nuggets, sausage, meatballs, and other products. Impossible Foods Inc. (US) and Beyond Meat (US) were among the key players to enter the plant-based meat market. These companies are backed by various types of investors, including leading players such as Tyson Foods (US).

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The North American region is also expected to grow at the highest CAGR during the forecasted period

North America is the fastest-growing region in the global plant-based meat market. For American consumers, meat is a very prominent part of their diets. However, as many researches highlighted the health risks related to the consumption of red meat, consumers are increasingly shifting toward plant-based diets as they are a healthier option as compared to animal meat. Furthermore, Consumers in the region are adopting a flexitarian lifestyle and are incorporating plant-based foods in their daily routine diets. Along with this, the trend of veganism is gaining momentum in the region, which is further contributing to the growth of the plant-based meat market. Governments are also investing heavily in the plant-based protein industry, as there is a rise of vegan and vegetarian eating.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Beyond Meat (US), Impossible Foods Inc. (US), Maple Leaf Foods (Canada), The Vegetarian Butcher (Netherlands), Gardein Protein International (Canada), Morningstar Farms (US), Quorn Foods (US), Amy’s Kitchen (US), Tofurky (US), Gold&Green Foods Ltd. (Finland), Sunfed (New Zealand), VBites Food Limited (UK), Alpha Foods (US), Planterra Foods (US), Before the Butcher (US), No Evil Foods (US), Like Meat (Germany), The Meatless Farm Co. (England), Hooray Foods (US), and Yves Veggie Cuisine (Canada).

Upcoming Growth Trends in the Meat Starter Cultures Market

According to MarketsandMarkets, the "Meat Starter Cultures Market by Application (Sausages, Salami, Dry-cured meat, and Others), Microorganism (Bacteria, and Fungi), Composition (Multi-strain mix, Single strain, and Multi-strain), Form, and Region - Global Forecast to 2025" size is estimated to be valued at USD 62 million in 2020 and projected to reach USD 76 million by 2025, recording a CAGR of 3.9%, in terms of value. The functional properties of meat starter cultures and their benefits while incorporation in a wide range of applications are driving the global meat starter cultures market.

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By microorganism, the bacteria is projected to account for the largest share in the meat starter cultures market during the forecast period

Based on microorganism, bacteria dominated the market. Starter cultures are used to initiate the fermentation of meat products such as sausages, salami, and dry-cured meat. There are two types of microorganisms that are mainly used as meat starter cultures, namely, bacteria and fungi. Bacteria-based starter cultures are that are majorly used in the industry include lactic acid bacteria (LAB) and coagulase-negative staphylococci (CNS). These are the dominant microorganisms that are used in meat products to prohibit pathogens and spoilage microorganisms during the pre-and post-processing of meat products.

By application, sausages segment is projected to account for the largest share in the meat starter cultures market during the forecast period

By application, the market is segmented into sausages, salami, dry-cured meat, and others (such as pepperoni and other processed-meat products). The meat sausages segment, akin to most other non-processed fresh meats and meat preparations, comprises perishable food products, and most sausage manufacturers have been looking for additional safety or longer shelf life, either in terms of less spoilage or delayed oxidation. Meat starter cultures are used to provide additional safety and delay spoilage by shifting the uncontrolled fermentation that spoils the meat to a controlled fermentation by safe bacteria. Meat starter cultures ferment the sausages and preserve their flavor, texture, color, and increase their shelf-life by averting wastage.

Europe is projected to account for the largest market share during the forecast period

Europe has been a major contributor to the growth of the processed meat industry, as a huge percentage of consumers have been inclined toward packaged meat applications such as sausages, salami, and dry-cured meat. The busier lifestyles of consumers in Western European countries such as Germany, the UK, France, and Italy have been propelling the demand for meat products with higher shelf-life. Therefore, augmenting the demand for meat starter cultures in this region. The European region consists of some of the major manufacturers from the meat starter culture market, such as Chr. Hansen (Denmark), DSM (Netherlands), Kerry Group (Ireland), Biochem SRL (Italy), and Sacco SRL (Italy). These key players have been bolstering the usage of meat starter cultures in this region by offering technologically advanced equipment for monitoring and usage of meat starter cultures.

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Key Market Players:

Chr. Hansen (Denmark), DSM (Netherlands), Kerry (Ireland), DuPont (US), Frutarom (Israel), Galactic (Belgium), Lallemand (Canada), Proquiga (Spain), Westcombe (UK), Biochem SRL (Italy), RAPS GmbH (Germany), DnR Sausages Supplies. (Canada), Sacco System (Italy), Canada Compound (Canada), Biovitec (France), Genesis Laboratories (Bulgaria), Meat Cracks (Germany), THT S.A. (Belgium), Stuffers Supply Co. (Canada), MicroTec GmbH (Germany), and Codex-Ing Biotech (US).