Pest Control Industry Analysis, Growth Drivers, Trends, and Leading Players

The pest control market size is projected to reach $32.8 billion by 2028 from an estimated $24.9 billion in 2023, at a CAGR of 5.7% during the forecast period in terms of value. Several important factors are augmenting the demand for pest control products and services on a global scale. Increasing awareness of the health risks posed by pests and the diseases they can transmit is driving individuals and businesses to prioritize pest prevention and control. This heightened concern for health and hygiene fuels the demand for pest control services. Moreover, advancements in pest control technologies and methods have improved the efficacy, precision, and sustainability of treatments, making them more appealing to consumers.

Pest Control Market Share:

The key players in this include Bayer AG (Germany), Corteva Agriscience (US), BASF SE (Germany), Sumitomo Chemical Co. Ltd. (Japan), Syngenta AG (Switzerland), Rentokil Initial plc (UK), Anticimex (Sweden), Rollins, Inc. (US), ATGC Biotech Pvt Ltd. (India), Ecolab Inc. (US), FMC Corporation (US), De Sangosse (France), Bell Laboratories (US), PelGar International (UK), and Fort Products Limited (UK).

Pest Control Market Trends

• Sustainability: With increasing environmental concerns, there's a growing demand for eco-friendly pest control solutions. This includes the use of organic products, non-toxic methods, and sustainable practices to minimize harm to the environment.
  Integrated Pest Management (IPM): IPM continues to gain traction as a comprehensive approach to pest control. It emphasizes prevention, monitoring, and control, reducing reliance on chemical treatments and promoting long-term solutions.
  Technology Integration: Advancements in technology are revolutionizing pest control. From smart traps and sensors to data analytics and remote monitoring systems, technology is enhancing efficiency, accuracy, and predictive capabilities in pest management.
  Focus on Health and Safety: Consumers are increasingly prioritizing health and safety concerns, driving the demand for pest control methods that are safe for humans and pets. This includes the use of low-toxicity products and application techniques that minimize exposure risks.
  Rise of Professional Services: While DIY solutions remain popular for minor pest problems, many consumers are turning to professional pest control services for more challenging infestations. Professional expertise, specialized equipment, and guaranteed results are key factors driving this trend.
  Urbanization and Pest Pressure: As urban areas continue to expand, pest pressure is on the rise. This trend is fueling the demand for proactive pest control measures in both residential and commercial settings, driving market growth.

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North America is expected to have the largest market share during the forecast period.

The market for pest control is growing in North America owing to the widening scope of applications in not only residential or commercial but also in livestock and for industrial purposes, such as in the food and pharmaceutical industries. The pest control market in North America is experiencing notable growth owing to a convergence of factors. Moreover, there are numerous companies in North America providing pest control products and services. Apart from major players, there are many local players in the market. The presence of numerous pest control companies in the region also indicates that there is high demand for the pest control management. Stringent regulations in industries such as food safety and hospitality further bolster the market's expansion. Innovations in pest control technologies, including eco-friendly solutions and integrated approaches, enhance efficacy and appeal to environmentally conscious consumers. 

Dietary Supplements Industry Overview, Trends, Growth Drivers, and Opportunities

The global dietary supplements market is projected to grow from USD 167.5 billion in 2023 to USD 239.4 billion in 2028, at a CAGR of 7.4% during the forecast period. The factors driving the growth are the increasing elderly population, the shift from pharmaceuticals towards nutraceuticals, amino acids, and protein supplements due to the focus on preventive healthcare, and the growing personalized nutrition, which is supporting the dietary supplement industry. Consumers are shifting focus toward self-directed care driven by the growing personal health, weight management, and well-being trend. The personal care markets have changed drastically in recent years, from consumers adopting weight management and protein supplements to help manage lifestyle disorders. In most of the region, it is seen that people do not take an adequate amount of protein, and because of this, the need for amino acids and protein supplements is increasing. Additionally, due to wrong eating habits and improper lifestyles, a vast majority of consumers are opting for weight management supplements to curb obesity and overweight issues.

Dietary Supplements Market Share

Key players in this market include Nestle (Switzerland), Abbott (US), Amway Corp (US), Pfizer Inc. (US), ADM (US), International Flavors Fragrance (US), Otsuka Holdings Co., Ltd (Japan), Glanbia PLC (Ireland), GSK PLC. (UK), Bayer AG (Germany), Herbalife International of America, Inc. (US), Nature's Sunshine Products, Inc (US), Bionova (Canada), ArkoPharma (France), American Health (US), Pure Encapsulation (US), HH Group (Hong Kong), Nu Skin (US), Power Gummies (India), Biomedical Research Laboratories (US), HealthKart (India), NutriScience Corporation (US), Nature's Essentials (US), and Life Extension (US).

Dietary Supplements Market Trends

• Growing Consumer Awareness and Focus on Health: There has been an increasing awareness among consumers about the importance of maintaining good health and preventing health issues. This awareness has translated into a growing demand for dietary supplements as people seek convenient ways to complement their diets and address specific health concerns.
  Preventive Healthcare and Wellness: Many consumers are shifting their focus from treating illnesses to preventing them. This has led to a rise in the consumption of dietary supplements that claim to support overall wellness, boost immunity, and promote longevity.
  Plant-Based and Natural Ingredients: There has been a noticeable trend towards plant-based and natural ingredients in dietary supplements. Consumers are seeking products that align with their preferences for clean labels, sustainability, and a perceived connection to nature.
  Personalization and Customization: The one-size-fits-all approach is giving way to personalized and customized solutions. Companies are increasingly offering tailored supplements based on individual health needs, genetic factors, and lifestyle choices.
  E-commerce and Direct-to-Consumer Sales: The rise of e-commerce has significantly impacted the distribution of dietary supplements. Many consumers prefer the convenience of online shopping, and this trend is expected to continue. Additionally, some brands have adopted direct-to-consumer models, bypassing traditional retail channels.
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The sports nutrition function segment is projected to grow at the highest rate during the forecast period.

Many sports nutrition supplements available today include multivitamins, branched-chain amino acids (leucine), omega-3 fatty acids, glucosamine, glutamine, beta-alanine, beetroot, and green tea extract, each of which provides different performance benefits. In general, all humans require an adequate amount of macro and micronutrients. However, due to extreme exertion athletes need to monitor their food intake. Sports nutrition supplements provide them with all the required nutrients, which is why this category is projected to grow fastly in the dietary supplements market.

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North America holds the highest market share during the forecast period.

North American nutrition and supplements hold the largest market share and are expected to expand further. The North American population has become more aware of health and has adopted dietary supplements as a part of their daily diet regime to have overall health and weight benefits. The population in the region is more prone to lifestyle disorders like diabetes, obesity, and high blood pressure, due to improper diet. The region is more inclined towards consuming junk and processed food that are devoid of nutrition, which gives rise to health disorders. Additionally, the trend of consuming vegan and less processed food is leading to the increased intake of dietary supplements to tackle nutritional deficiencies. Additionally, South Africa seems to be a potential market in terms of production and consumption of dietary supplements. The general trend of malnourishment and other nutritional deficiencies is seen in the population in the South African region. Together, it drives the overall dietary supplements market.

Rodenticides Market Research Report: In-Depth Qualitative Insights, Explosive Growth Opportunity 2022-2027

The global rodenticides market is predicted to experience a 5.8% compound annual growth rate, leading to revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth. The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

Rodenticides Market Growth Drivers: Displacement of rodents due to urbanization

Urbanization is one of the key factors encouraging land use, particularly in developing countries, where 90% of the people are expected to be residents of urban areas. Moreover, urbanization is expected to impact public health due to the shift of rural pathogens adapting to the urban environment and increasing their number.

According to an article by Rentokil, it has been observed that the construction of new buildings is increasingly displacing the rat population across regions. As per the report by Building and Construction Authority (BCA), the need for construction in the country is increasing. Some construction activities in rural areas disturb the nesting area of rodents, such as rats, and thus encourage them to relocate to another urbanized location.

According to a recent article posted in Frontiers, Norway, black rats are considered the urban rats that inhabit cities worldwide. They adapt to environmental changes caused by humans and thus survive easily. Hence, the increase in the levels of urbanization creates the need for rodent control, majorly in the urban areas of developing regions.

Rodenticides Market Opportunities: Increase in demand for rodent pest control services from the hospitality and tourism sectors

With the growing interest in recreational activities and aesthetics among consumers, the demand for maintenance services to control rodent pests and their possible damages are the key factors that are projected to drive market growth for rodenticides shortly. The entertainment sector, warehouses, construction companies, the food service segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

Rising Demand for Second-Generation Anticoagulants due to their Longer Half-Life, Which Implies Longer Tissue Persistence, and Enhanced Efficacy Against Rodents

With the increase in exposure to first-generation anticoagulants, rodents have developed resistance to them; hence, second-generation anticoagulants were developed. Second-generation anticoagulants, also called single-dose anticoagulants, can be lethal in a single dose. They are more toxic than first-generation anticoagulants due to their superior affinity for vitamin K-epoxide reductase, which disrupts the functioning of the blood clotting agents in rodents. The popular rodenticides in this category are brodifacoum, bromadiolone, difethialone, difenacoum, and flocoumafen.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

The major players in this market are BASF SE (Germany), Syngenta (Switzerland), Bayer AG (Germany), UPL (India), and Rentokil Initial PLC (UK).

Food Encapsulation Market Size, Share Growth Drivers, Key Players, Industry Challenges, and Forecast till 2027

The global food encapsulation market was valued at USD 11.5 billion in 2022 and is projected to reach USD 17.0 billion by 2027, growing at a CAGR of 8.2% during the study period. The market for encapsulation is growing globally at a significant pace due to its numerous applications and multiple advantages over other technologies. Some of the major advantages of encapsulation are that it helps provide enhanced stability and bioavailability to the bioactive ingredients, increases the shelf life of food products, and maintains the taste and flavor for a longer period of time. Encapsulation is increasingly used in various industrial areas, such as nutraceuticals and food & beverages.

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Restraints: More inclination toward traditional preservation methods over encapsulation techniques

Manufacturers of small and medium-sized companies in the food & beverage industry use the traditional method of preservation techniques over the encapsulation technique because food encapsulation can be expensive. New markets are being established within the functional foods sector, and researchers are in the process of meeting this demand to reduce high production costs. Encapsulation results in extra cost, which needs to be minimized to be economically acceptable by all manufacturers. This applies not only to the materials used to build capsules but also to the equipment or processing conditions. The number of core materials suitable for encapsulation is also limited. Currently, only a few bioactive ingredients and specialty ingredients, such as artificial sweeteners and encapsulated flours, which have been encapsulated, are showing desired results in terms of their sensorial properties in food applications. Further research is needed to successfully encapsulate ingredients that provide an edge over other techniques.

Energy-efficiency of spray chilling technique to drive its use in bakery products.

Spray chilling is also known as spray cooling, prilling, or spray congealing. Spray chilling is the process of solidifying an atomized liquid spray into particles. In this method, a mixture of core and wall is atomized into the cooled or chilled air, which causes the wall to solidify around the core. Unlike spray-drying, spray-chilling does not involve mass transfer (water evaporation). Therefore, it is more energy efficient. In the spray cooling method, the coating material is typically some kind of vegetable oil or its derivatives, including fat and stearin, with melting points of 45°C - 72°C.

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North America dominated the food encapsulation market; it is projected to grow at a CAGR of 7.8% during the forecast period.

The food encapsulation market in North America is influenced by factors like health awareness, the promotion of nutraceuticals and functional foods, and growing expenditure on prevention of chronic noncommunicable diseases. Food encapsulation adds value to foods and effectively delivers potent bioactives in isolation as supplements or as value addition in functional foods. The US dominated the market in 2021 and is projected to be the fastest-growing market for food encapsulation in North America. The market in this region is driven by technological advancements in food encapsulation techniques such as liposome compression, inclusion complexes, and centrifugal extrusion and the growing demand for functional and fortified foods that use encapsulated nutrients and the growing consumption of convenience foods that use encapsulated flavors and colors. Most of the key market players have a presence in the region.

The key players in this market include Cargill, Incorporated (US), Balchem (US), International Flavors & Fragrances Inc. (US), and Encapsys LLC (US).

Biofertilizers Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

 The biofertilizers market size was valued at 2.8 billion in 2022 and is projected to reach $5.2 billion by 2028, growing at a CAGR of 10.9% during the study period. The market is estimated to be valued at USD 3.1 billion in 2023. Through natural processes such as nitrogen fixation, phosphate solubilization, and the production of compounds that stimulate growth, biofertilizers provide nutrients to plants. They boost soil organic matter and aid in restoring the soil's natural nutrition cycle. By using biofertilizers, growers can increase the sustainability and health of the soil and cultivate healthy crops. Only bacteria and other biological elements that are not damaging to the environment are present in biofertilizers. As a result, they contribute to reducing pollution brought on by agricultural activities, particularly soil pollution.

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Phosphate solubilizing and mobilizing biofertilizers is estimated to be the fastest segment during the forecast period

Phosphorus is considered the most essential element for higher crop productivity. Phosphorous helps in the better growth of crops, which helps in enhancing the quality and yield of plants. It is also responsible for improving root growth, improving seed and flower formations, and making the plants resistant to various pests and diseases. Better results are seen in crops such as sugarcane, rice, fruits, vegetables, etc. These are also being utilized in modern agricultural methods such as hydroponics, aquaponics, and protected cultivation. These are the factors that are considered to drive the market for phosphate solubilizing and mobilizing biofertilizers.

By form, the liquid segment is forecasted to gain the major share in the biofertilizer market during the review period.

Liquid biofertilizers can be used with modern machinery, can withstand high temperatures up to 45 °C, are easy to handle and use, are easy to add ingredients that enhance the growth of microbial strains, are easy to apply on both seeds and soil, and have a longer shelf life of 1.5 to 2 years; hence, liquid biofertilizers are more desirable than solid inoculants. Moreover, liquid biofertilizers have higher microbial densities than carrier-based ones, allowing for lower dosages while still producing the same results.

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North America is projected to gain the largest market share in the global biofertilizer market.

North America is projected to gain the largest market share in the global biofertilizer market. The presence of a large number of farmers and growers in the region allows them access to a wide range of products at competitive prices. The governments in the region are promoting the use of agricultural inputs which cause less environmental degradation, and hence are encouraging the use of biofertilizers. In countries such as the US and Canada, farmers are focused on producing cash crops on a larger scale, which is also driving the market in the region.

Key players in this market include Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), T.Stanes and Company Limited (India), Lallemand Inc (Canada), Rizobacter Argentina S.A. (Argentina), Vegalab SA (Switzerland), IPL Biologicals Limited (India), and Kiwa Bio-tech Product Group Cooperation (China).

Modified Starch Market Report: Trends, Dynamics, and Future Prospects

 The global modified starch market was valued at $13.7 billion in 2022 and is projected to reach $15.9 billion by 2027, growing at a CAGR of 3.1% during the study period. Modified starch is a versatile ingredient that has the ability to transform the basic properties of native starch to suit the specific requirements of various industries. With its exceptional characteristics such as bulk water absorption, emulsification, and thickening properties, modified starch has opened up a vast spectrum of applications. Not only does it enhance the quality of food & beverages, but it has also proven to be a game-changer in the textile and paper industries. By serving as a texture agent, fat replacer, and emulsifier, modified starch has become a critical ingredient in the formulation of products across different sectors. Thanks to the advanced processing technology used to develop modified starch, it has become possible to create tailor-made ingredients that can solve a wide range of formulating challenges.

Modified Starch Market Trends:

• Growing Demand in the Food Industry: Modified starches find extensive use in the food industry as thickeners, stabilizers, and emulsifiers. The increasing demand for processed and convenience foods has been a significant driver for the modified starch market.
  
• Clean Label Products: Consumers are becoming more conscious of the ingredients in their food, leading to a demand for clean label products. Modified starches that can provide functionality while meeting clean label requirements are gaining popularity.
• Diverse Applications: The applications of modified starches extend beyond food to industries such as pharmaceuticals, textiles, and paper. This diversification has contributed to the market's growth.
• Technological Advancements: Ongoing research and development efforts have led to the introduction of innovative modified starch products with enhanced properties, such as improved stability and texture.
• Regional Market Dynamics: Market trends may vary regionally based on factors such as dietary preferences, economic development, and regulatory environments. For instance, in Asia, there has been a surge in demand due to the growing processed food industry.
• Sustainable and Plant-Based Alternatives: The rising interest in sustainable and plant-based products has influenced the modified starch market. Manufacturers are exploring new sources of modified starches, including those derived from non-GMO crops.
• Challenges in Raw Material Availability: The availability and pricing of raw materials, primarily agricultural crops like corn and tapioca, can impact the modified starch market. Fluctuations in commodity prices may affect production costs and, subsequently, product pricing.
• Strategic Collaborations and Mergers: Companies in the modified starch industry are engaging in strategic collaborations, partnerships, and mergers to strengthen their market presence, enhance product portfolios, and expand their global reach.

Restraints: High demand for gum Arabic

The application of starch derivatives is growing in the food and beverage sector. The global beverage sector is witnessing growth as an application of modified starches. However, the growth and preference of gum Arabic over modified starch act as a restraint for the growth of this market. Studies have shown that beverages stabilized with sources of gum Arabic attain better stability than those with modified starches. Apart from beverages, gum Arabic is also rising as a threat to modified starches in confectionery, where it is utilized to prevent sugar crystallization.

Industrial application were the second-largest segment in the modified starch market and anticipated to witness decent growth rate over the forecast period

Starch has a wide range of commercial and industrial applications. Modified starch products find applications in the paper and paper cone industries, the glue and adhesive industries, sand binding manufacturing, pharmaceuticals and cosmetics, detergent manufacturing, and several other related industries. The construction industry requires special acid-modified starches to work as protective colloids to increase the strength of wallboards. Starch blends may be used as adhesives for the edges of wallboards. The range of industrial applications for modified starch is gradually increasing globally. Asian countries with rising income levels and industrialization are increasingly using modified starches for these non-food applications, in addition to the existing food applications.

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Asia Pacific is the largest and fastest-growing region in the modified starch market and anticipated to maintain its dominance over the forecast period

The modified starch market in the Asia-Pacific region is the largest. The market is estimated to grow at a significant rate, owing to the rising demand in large economies such as China, India, Japan, and other Southeast Asian countries. The industrial organization and technology of starch processing are changing rapidly in the region. Unlike other regions where starch is processed almost entirely by large companies, in Asia Pacific, starch processing is done by small and medium-sized firms. Historically, native starch has been largely used for food products in the region. The industrial applications and technologies involved in starch processing are changing rapidly in Asia-Pacific countries. Modified starch is increasingly being demanded by many industries in the region. Various industries are incorporating modified starches in their manufacturing processes and products.

Probiotics in Animal Feed Market Size, Industry Analysis, Growth Opportunities, and Forecast

The global probiotics in animal feed market size is anticipated to grow from USD 4.6 billion in 2023 to USD 7.1 billion in 2028, at a compound annual growth rate (CAGR) of 9.1%. Owing to the increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America.

Probiotics in Animal Feed Industry Overview

The use of probiotics in the animal feed market industry has gained significant attention in recent years. Probiotics are beneficial microorganisms, primarily bacteria and yeast, that provide various health benefits to animals when included in their diet. These microorganisms promote a balanced microbial community in the gastrointestinal tract, positively influencing the overall health and performance of the animals.

Key Benefits of Probiotics in Animal Feed:

• Improved Digestive Health: Probiotics enhance the balance of the gut microflora, promoting better digestion and nutrient absorption. This leads to improved overall digestive health in animals.
• Enhanced Immune Function: Probiotics play a crucial role in supporting the immune system of animals. A healthy gut microbiota contributes to a stronger defense against pathogens and diseases.
• Optimized Nutrient Utilization: Probiotics aid in the breakdown of complex nutrients, making them more accessible for absorption. This can result in better feed efficiency and improved growth rates.
• Reduction of Pathogenic Microorganisms: Probiotics compete with harmful bacteria for resources and attachment sites in the gut, reducing the presence of pathogens and lowering the risk of infections.
• Stress Management: Animals often experience stress due to factors like transportation, changes in environment, or disease challenges. Probiotics can help mitigate the negative effects of stress by supporting a stable gut environment.
• Application in Animal Feed: Probiotics are commonly incorporated into animal feed in various forms, including powders, liquids, and granules. The choice of probiotic strains and their concentrations depends on the target species and the desired outcomes. Livestock such as poultry, swine, cattle, and aquaculture species all benefit from the inclusion of probiotics in their diets.
• Challenges and Considerations: While the benefits of probiotics are well-established, challenges exist in terms of stability during feed processing, compatibility with other feed additives, and the need for proper storage conditions. Additionally, research continues to identify the most effective probiotic strains for different animal species and production systems.
• Regulatory Landscape: Regulations regarding the use of probiotics in animal feed vary by region. It’s important for feed manufacturers to comply with local regulatory requirements and ensure that the selected probiotic strains are approved for use in animal feed.

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Asia Pacific is expected to dominate the market during the forecast period

Countries such as China, India, Japan, Australia, New Zealand, and the rest of the Asia Pacific have been considered in this study. Some of the factors contributing to the high demand for the market in the Asia-Pacific region include a growing population, a rise in disposable incomes, and rapid urbanization. Increasing demand for meat and animal products among the growing population of the Asia Pacific region along with the rising affluence in the region, resulted in high consumption of meat products. This has also resulted in intensified livestock production for meat, which in turn drives the need for improved animal health and performance.

The growth of the meat industry in developing economies such as India and China, as well as the increased consumption of quality meat products, are primary drivers for the Asian market. Augmented concern over livestock diseases and outbreaks of infections has further highlighted the importance of animal health and wellness to ensure the safety of end users. The advent of globalization and urbanization has caused a shift in consumer preferences, where consumers opt for nutritious, quality food products and like to experiment with food choices. These factors are expected to continue in the coming years, driving demand for probiotics in the animal feed market.

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Top Companies in Probiotics in Animal Feed Market:

• ADM (US)
• International Flavors & Fragrances Inc. (US)
• CHR. HANSEN HOLDING A/S (Denmark)
• Evonik Industries AG (Germany)
• Land O’Lakes (US)
• DSM (Netherlands)
• Ohly (Germany)
• Novozymes (Denmark)
• Alltech (US)
• Kemin Industries, Inc. (US)

Water-soluble Fertilizers Market to 2023 | Industry Statistics, Emerging Demands, Forecast to 2028

 The global water-soluble fertilizers market size is estimated to be valued at USD 18.3 billion in 2023 and is projected to reach USD 25.1 billion in 2028, growing at a CAGR of 6.5%. Water-soluble fertilizers are types of fertilizers that can dissolve completely in water, forming a uniform solution that can be easily applied to plants. These fertilizers are formulated to be soluble in water, allowing for efficient and quick absorption by plant roots. They typically come in the form of powders, granules, or crystals that can be easily mixed with water to create a liquid fertilizer solution.

The main advantage of water-soluble fertilizers is their rapid nutrient availability to plants. Since they are in a dissolved form, the nutrients are immediately accessible to the plant roots upon application. This makes them particularly useful in situations where fast nutrient uptake is necessary, such as during periods of rapid plant growth or when addressing nutrient deficiencies.

Water-soluble Fertilizers Market Growth Drivers:

• Efficient Nutrient Delivery: Water-soluble fertilizers provide a highly efficient means of delivering essential nutrients to plants. The nutrients are dissolved in water, allowing for quick and easy absorption by plant roots. This efficient nutrient delivery results in improved crop yields and overall plant health.
• Precision Agriculture Practices: The trend towards precision agriculture, which involves using technology to optimize crop yields, has boosted the demand for water-soluble fertilizers. These fertilizers can be accurately applied through irrigation systems, enabling precise control over nutrient concentrations and distribution.
• Increased Hydroponic Farming: With the growing popularity of hydroponic and soilless farming systems, water-soluble fertilizers have become a preferred choice. These fertilizers seamlessly integrate with hydroponic setups, providing a controlled and nutrient-rich solution for plants grown without soil.
• Water Conservation: Water-soluble fertilizers promote water conservation in agriculture. By dissolving in water, these fertilizers help minimize nutrient runoff and leaching, ensuring that a higher proportion of nutrients is utilized by plants. This aligns with the global emphasis on sustainable and eco-friendly farming practices.
• Ease of Application: Water-soluble fertilizers are easy to apply, whether through traditional irrigation methods or modern fertigation systems. This ease of application makes them attractive to farmers seeking convenient and time-saving solutions for nutrient management.
• Customizable Formulations: Manufacturers of water-soluble fertilizers offer a wide range of formulations, allowing farmers to customize nutrient blends based on specific crop requirements. This flexibility in formulation addresses the diverse needs of various crops and soil types.
• Rising Global Population and Food Demand: The increasing global population and the subsequent rise in food demand have put pressure on the agriculture industry to enhance productivity. Water-soluble fertilizers play a crucial role in meeting this demand by optimizing nutrient delivery and improving crop yields.

The foliar mode of application is projected to grow at a significant rate during the forecast period.

The foliar mode of the application provides high resistance to diseases & pests, improved drought 7 soil salinity tolerance, rapid utilization of applied nutrients, and high resistance to physiological disorders. Soil nutrients are not always available due to leaching; foliar fertilization applies the nutrients directly on the leaf, where the plant mostly needs them. With foliar applications, all nutritional problems can be tackled because the leaf absorbs all the essential nutrients.

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Europe holds the highest market share during the forecast period.

The agriculture industry in Europe is witnessing technological advancements and the farming community is adopting innovative technologies. A majority of the arable farmland in Europe is used for cereal production,as per the data published by the World Bank in 2021. In 2021, approximately 161.5 million hectares of land in the EU were under agricultural cultivation (Source: Eurostat). Agriculture is the main occupation in France and Italy. The land in these countries has mountainous and hilly regions, terrains, and coastal areas. Most of this land is utilized for agriculture. This region witnesses the production of diverse crops and is divided between small-sized farms regulated. The western region witnesses a high adoption of highly intensified farming systems. The extensive research & development activities in the region have helped in the introduction of customized and crop-specific products.

Key players in this market include Nutrien (Canada), Israel Chemical Company (Israel), Sociedad Quimicay Minera De Chile (SQM) (Chile), K+S Aktiengesellschaft (Germany), Yara International (Norway), Haifa Chemicals Ltd (Israel), Compo GmbH (Germany), Coromandel International Ltd (India), The Mosaic Company (US), Hebei Monband Water Soluble fertilizers Co., Ltd (China), Agafert (India), EuroChem (Switzerland), Azoty Group (Poland), Vakichim (Bulgaria), Gujarat State Fertilizers & Chemicals Ltd (India), IFFCO (India), SPIC (India), Aries Agro Ltd (India), Mangalore Chemicals & Fertlizers Ltd (India), Incitec (Australia).

Agriculture Adjuvants Market Share, Trend, Outlook, Size, and Top Companies

 The global agriculture adjuvants market size will grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028, growing at a CAGR of 4.7% during the forecast period. Agricultural adjuvants are substances or formulations added to pesticides, herbicides, fungicides, and fertilizers to enhance their performance and effectiveness in agriculture. These additives are not intended to have a direct pesticidal or fertilizing effect but are designed to improve the overall efficacy, stability, or application characteristics of the primary agricultural products.

Agriculture Adjuvants Market Report Objectives:

• Determining and projecting the size of the agricultural adjuvants market with respect to the formulation, adoption stage, function, crop type, application, and regions over five years, ranging from 2023 to 2028
• Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Providing detailed information about the key factors influencing the agriculture adjuvants market growth (drivers, restraints, opportunities, and industry-specific challenges)
• Analyzing the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market
• Shifts in demand patterns across different subsegments and regions
• Identifying and profiling the key market players in the agricultural adjuvants market
• Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions

Agriculture Adjuvants Market Trends:

• Increasing Demand for Precision Agriculture: Precision agriculture techniques were driving the need for more effective adjuvants. Farmers were increasingly adopting technologies such as GPS-guided tractors and drones, requiring adjuvants that enhance the performance of agrochemicals in specific target areas.
• Growing Focus on Sustainable Agriculture: There was a rising demand for environmentally friendly and sustainable farming practices. This led to an increased interest in adjuvants that could reduce the environmental impact of pesticides and fertilizers.
• Development of Specialized Adjuvants: Companies were investing in research and development to create adjuvants tailored to the specific requirements of different crops and agrochemicals. Specialized formulations were being developed to improve efficacy and reduce the risk of unintended side effects.
• Adoption of Tank Mix Adjuvants: Tank mix adjuvants, which are added directly to the tank with pesticides and herbicides, were gaining popularity. These adjuvants were designed to improve the performance and compatibility of different agrochemicals when mixed together.
• Regulatory Landscape Impact: Changes in regulations and an increased focus on environmental safety were influencing the types of adjuvants used in agriculture. Companies were adjusting their formulations to comply with evolving regulatory standards.
• Technological Advancements: Advancements in formulation technologies were allowing for the development of adjuvants with improved stability, compatibility, and performance. Nano-formulations and other innovative approaches were being explored.
• Global Market Expansion: The agriculture adjuvants market was expanding globally, with a notable focus on emerging economies. Increasing awareness about the benefits of adjuvants in improving agrochemical performance was contributing to market growth in various regions.

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The North American market is projected to contribute the largest share of the agricultural adjuvants market.

The demand for agriculture adjuvants in North America is experiencing notable growth due to the increasing use of precision farming in the region. This creates a favorable business environment for adjuvants manufacturers and consumers in the region. North America has the presence of major agricultural adjuvants companies, that offer a wide range of products catering to different crop types and application requirements.

Key market players:

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US).

Nutraceutical Excipients Market to Witness Unprecedented Growth in Coming Years

According to a research report "Nutraceutical Excipients Market by Product Source (Organic Chemicals, Inorganic Chemicals), Functionality (Binders, Colorants, Flavors & Sweeteners), End Product, Formulation, Functionality Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global nutraceutical excipients market will grow from USD 4.2 billion in 2023 to USD 6.1 billion by 2028, growing at a CAGR of 7.7% during the forecast period. The burgeoning popularity of nutraceuticals in recent years reflects their usage for diverse therapeutic purposes. This trend underscores their significance in addressing various ailments and diseases, ranging from cancer and heart conditions to cataracts, menopausal symptoms, insomnia, memory issues, gastrointestinal problems, headaches, and migraines caused by stress.

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The organic chemicals product source of the nutraceutical excipients segment is driving the market due to consumer preference for natural products, reduced allergenic potential, and a clean label trend.

The burgeoning nutraceutical excipients market is fueled by the escalating consumer demand for natural and organic ingredients. Consumers' heightened awareness regarding ingredient sourcing and quality in supplements and functional foods is a driving force behind this surge. This increasing consciousness directly influences the market's growth, as consumers actively seek excipients derived from organic materials to align with their preference for natural sources. Additionally, the potential allergenic risks associated with synthetic excipients further elevate the appeal of organic chemicals sourced from natural origins, particularly among sensitive consumer demographics seeking safer alternatives.

The dry formulation segment exhibits the highest CAGR, driving nutraceutical excipients market growth.

The increasing demand for dry excipients stems from their remarkable ability to offer formulation flexibility, allowing manufacturers to craft a wide array of dosage forms like tablets, capsules, powders, or granules. This versatility enables tailored formulations that cater to specific consumer preferences, optimizing drug delivery systems accordingly. Additionally, the compatibility of dry excipients with a diverse range of active ingredients makes them highly sought-after across pharmaceuticals, nutraceuticals, and various industries, providing manufacturers with extensive application possibilities.

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North America accounts for the largest share of the nutraceutical excipients market and is witnessing growth due to the strong presence of key companies and increasing lifestyle diseases & health concerns.

In North America, numerous prominent players and leading manufacturers dominate the nutraceutical industry. These influential companies play a pivotal role by consistently engaging in research, innovation, and the development of new products, significantly contributing to the market's growth. The region's escalating health concerns, encompassing issues like obesity, cardiovascular diseases, and lifestyle-related conditions, have prompted consumers to actively pursue preventive healthcare measures. As a result, there's a heightened demand for nutraceutical products perceived as valuable in addressing these health issues. This increased demand directly fuels the market for nutraceutical excipients, essential components in the formulation of these sought-after health-focused products.

The key players in the nutraceutical excipients market include International Flavors & Fragrances Inc (US), Kerry Group plc (Ireland), Ingredion (US), Sensient Technologies Corporation (US), Associated British Foods plc (UK), BASF SE (Germany), Roquette Frères (France), MEGGLE GmbH & Co. KG (Germany), Cargill, Incorporated (US), Ashland (US), IMCD (Netherlands), Hilmar Cheese Company, Inc (US), Air Liquide (France), Azelis Group (Luxembourg), and Biogrund GmbH (Germany).

Latest Regulatory Trends Impacting the Snack Pellet Equipment Market

 The snack pellet equipment market, in terms of value, is estimated to account for nearly USD 1.0 billion in 2019 and projected to grow at a CAGR of 5.2% to reach nearly USD 1.4 billion by 2025. This is due to the rising demand for extruded snacks globally. Snack pellets are non-expanded intermediate products that are usually produced through the extrusion process using various raw materials such as potato, corn, tapioca, and rice. The extruder is the main piece of equipment that is used to press the raw material and produce pellets. The key snack pellet manufacturers are also adopting new technologies for the production of snack pellets, which include single-screw extrusion, twin-screw extrusion, and co-extrusion. These processes aid in the manufacturing of snack pellets that are of various shapes, textures, and sizes. However, the technological advancements in snack pellet equipment to produce 3D pellets have also led to an increase in production capacity in a short time, thus driving market growth.

Some of the Prominent Key Players are:

• Clextral (France)
• GEA Group (Germany)
• Buhler AG (Switzerland)
• N.P. & Company Inc. (Japan)
• Kiremko B.V. (Netherlands)
• Tsung Hsing Food Machinery Co., Ltd. (Taiwan)
• AC Horn Manufacturing (US)

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What is snack pellet equipment?

Snack pellet equipment refers to machinery and tools used in the production of snack pellets. Snack pellets are small, semi-finished products made from various ingredients like potato starch, cereals, or other grains. These pellets are then further processed through frying, baking, or extrusion to create a wide variety of finished snacks like chips, crisps, puffs, and more. The equipment involved includes extruders, pelletizers, dryers, fryers, and seasoning systems, among others, to produce these snack pellets efficiently and in large quantities for commercial purposes.

The Asia Pacific market is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific is projected to witness the fastest growth during the forecast period. Population growth, rapid urbanization, and the rise in consumer awareness about the benefits of snack pellet are key factors driving the demand for snack pellet equipment in the region. The region is the third-largest potato producer in the world. Potato production has rapidly increased in the last two decades due to the expansion of the land area in the Indo-Gangetic Plains. Due to these factors, consumption has also increased in parallel with the increasing popularity and demand as a vegetable in urban diets. In addition, the growing preference for Western fast food products has also led to a surge in demand for potatoes in the country. This, in turn, is driving the fragmented snack pellets market in the region, which is projected to contribute to the growth of the market.

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Key questions addressed by the report:

• What are the new trending products that the snack pellet equipment companies are exploring?
• Which are the key players in the market, and how intense is the competition?
• What are the upcoming growth trends that snack pellet equipment manufacturers are focusing on in the future?
• What are the high-growth opportunities in the market for each segment?
• What are the key growth strategies adopted by major market players in the snack pellet equipments market?

Food Additives Market Growth Opportunities by 2028

 According to a research report "Food Additives Market by Type (Emulsifiers, Hydrocolloids, Preservatives, Dietary Fibers, Enzymes, Sweeteners, Flavors), Source (Natural, Synthetic), Form, Application (Food, Beverages), Functionality, and Region - Global Forecast to 2028" published by MarketsandMarkets, the food additives market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The food additives market is experiencing growth due to increasing consumer demand for natural and clean-label products, the expansion of the food and beverage industry, and technological advancements in food processing.

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The food additives market is expanding due to consumer demand for natural, healthy, and transparent products driving the market.

The burgeoning expansion of the food additives market is propelled by current trends emphasizing plant-based and natural ingredients, aligning with the surge in eco-conscious consumer preferences. A pronounced shift towards functional and health-focused foods is fostering demand for additives designed to impart nutritional benefits. Consumers now seek products that prioritize both taste and well-being, prompting innovations in additives for nutritional fortification. Furthermore, the increasing popularity of clean-label products has led to a heightened demand for additives that maintain transparency while enhancing overall product quality. Notably, technological advancements, particularly in encapsulation solutions, are gaining traction, contributing to improved stability for sensitive ingredients and reduced flavor loss. In response to evolving consumer priorities and sustainability considerations, the food additives market is witnessing robust growth, reflecting a dynamic industry poised for continued expansion.

The upswing in the Asia Pacific food additives market is fueled by surging demand for clean-label and natural additives. Consumers' increasing preference for transparent ingredient lists drives innovation in natural additives. Additionally, the flourishing food and beverage industry in rapidly urbanizing countries like China and India, coupled with a rising middle-class population, propels the market's growth. This trend reflects the region's dynamic shift towards processed and convenience foods, driving the need for advanced and sustainable food additives to meet evolving consumer preferences.

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In food additives, the surge in sugar substitutes is driven by health-conscious consumers and industry innovation.

The dominance of sugar substitutes in the food additives market is propelled by a dual influence of health-conscious consumer preferences and industry innovation. As consumers increasingly prioritize healthier lifestyles, the demand for sugar substitutes has surged, given their role in mitigating health concerns associated with excessive sugar consumption. Notably, the rising prevalence of conditions like diabetes and obesity has accelerated the adoption of sugar alternatives. This consumer shift aligns with the ongoing trend of clean-label products, where manufacturers are compelled to replace traditional sweeteners with healthier alternatives.

Key players, such as Cargill Incorporated (US), have strategically responded to this trend with innovative sugar substitute offerings. Cargill's introduction of C TruSweet and SweetPure in Europe reflects the industry's commitment to providing natural and clean-label sugar alternatives. These products cater to the demand for reduced-calorie options while maintaining the sweetness that consumers desire. The dominance of sugar substitutes is further accentuated by their versatility, enabling application across various food and beverage products without compromising taste, contributing to their overarching influence in the food additives market.

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North America dominated the food additives market during the study period.

The presence of key players such as Cargill, Incorporated (US), ADM (US), IFF (US), Ingredion Incorporated (US), Cp Kelco (US), Glanbia PLC (Ireland) and Darling Ingredients Inc. (US) underscores North America's dominance in the food additives market. These industry leaders strategically align with the region's dynamic trends, where the surge in demand for clean-label and plant-based products has become increasingly evident. North America's dominance in the food additives market is driven by the region's proactive response to the rising demand for clean-label and plant-based products. With consumers increasingly seeking healthier options, there's a notable surge in the adoption of natural additives and alternatives, such as plant-based stabilizers and preservatives. Major food manufacturers in North America are strategically reformulating their products to meet clean-label criteria, contributing to the region's prominence.

Additionally, the region is witnessing a significant shift toward functional foods and beverages, leading to the incorporation of specialized additives aimed at enhancing nutritional profiles. Consumer awareness of the impact of dietary choices on health is prompting the use of fortifying additives like vitamins and minerals.

Key players in this market include Cargill, Incorporated (US), BASF SE (Germany), ADM (US), IFF (US), Kerry Group PLC (Ireland), Ingredion Incorporated (US), Tate & Lyle (UK), Givaudan (Switzerland), Darling Ingredients Inc. (US), Chr. Hansen Holding A/S (Denmark), Novozymes (Denmark), Ashland (US), Cp Kelco (US), Glanbia PLC (US), and Sensient Technologies Corporation (US).