Pea Starch Market Size, Latest Trends, Growth Status, Top Major Players, and Forecast To 2027

The global pea starch market is anticipated to reach USD 211 million by 2027, up from USD 156 million in 2022, reflecting a compound annual growth rate (CAGR) of 6.2% during the 2022-2027 period. This market is expanding rapidly, driven by new product launches and strategic distribution agreements. For instance, in April 2022, Puris Foods collaborated with the Upcycled Food Association (UFA), an organization focused on reducing food waste, to certify its Non-GMO and organic native pea starches. Additionally, in September 2019, Axiom Foods secured a distribution agreement with Brenntag Food and Nutrition (Germany) to market plant-based products, including rice proteins, pea proteins, and pea starch across Europe, the Middle East, and Africa. The increasing investments from pea starch manufacturers are further fueling market growth.

Pea Starch Market Overview:

The pea starch market is experiencing significant growth due to the rising demand for plant-based ingredients in various sectors, including food, beverages, and industrial applications. Pea starch, derived from yellow peas, is valued for its functional properties, including thickening, gelling, and stabilizing, making it a popular choice in various formulations.

Market Drivers

• Health Trends: Increasing consumer preference for gluten-free, non-GMO, and plant-based products is driving the demand for pea starch as a clean-label ingredient.
• Food Industry Growth: The food and beverage sector is a primary consumer of pea starch, utilized in products such as snacks, dairy alternatives, and baked goods.
• Nutritional Benefits: Pea starch is a source of dietary fiber and protein, appealing to health-conscious consumers and the growing vegetarian/vegan population.
• Sustainability: Peas require less water and fertilizers compared to other crops, making pea starch a more sustainable choice in food production.

Key Applications

• Food & Beverage: Used as a thickener, stabilizer, and emulsifier in sauces, dressings, dairy products, and gluten-free baked goods.
• Pharmaceuticals: Serves as a binder and disintegrant in tablet formulations.
• Cosmetics: Employed as a thickening agent in creams and lotions.
• Industrial: Utilized in biodegradable plastics and paper products due to its eco-friendly properties.

Regional Analysis

• North America: Dominates the market due to high demand for plant-based products and a well-established food industry.
• Europe: Growing interest in health foods and clean-label ingredients supports market growth.
• Asia-Pacific: Rapid urbanization and increasing health awareness are driving demand, particularly in China and India.

Challenges

• Competition with Other Starches: The pea starch market faces competition from other plant-based starches, such as corn, potato, and tapioca starches.
• Price Volatility: Fluctuations in raw material prices can affect the cost of pea starch production and its market pricing.

Future Outlook

The pea starch market is expected to continue its growth trajectory, driven by the increasing demand for sustainable, health-oriented food ingredients and innovations in processing technologies. Investments in research and development will likely lead to enhanced properties and new applications for pea starch, further expanding its market potential.

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Consumer awareness about nutritional benefits offered by pea and pea-based products

Green peas are packed with essential minerals that support cardiovascular health, including magnesium, potassium, and calcium. Yellow peas, on the other hand, are high in fiber, which aids digestion. Dry yellow peas are also rich in lysine, iron, and carbohydrates, making them a viable alternative to other legumes like wheat and rice. The popularity of pea and pea-based products is rising due to their nutritional benefits, including vitamins C and E, zinc, and various antioxidants that enhance immune function.

Pea starch, constituting 30%–60% of the dry weight, serves as a valuable food ingredient. It contains a higher proportion of amylose compared to other starches, offering numerous advantages such as excellent shear-thinning resistance, elevated gelatinization temperatures, high gel elasticity, and rapid retrogradation. This makes pea starch an effective raw material for enhancing the consistency and texture of food products. Its gelling and binding properties, attributed to its high amylose content, set it apart from other starches like potatoes, corn, and wheat. As the demand for starches in canned foods and extruded snacks continues to grow, the use of pea starch is expected to increase in the coming years.

Growing vegan population and the popularity of plant-based food products

Consumer dietary preferences are undergoing a significant transformation worldwide. There is a growing inclination toward non-meat and non-animal-derived products, including milk and milk-based items, which has resulted in increased demand for pea-based ingredients like pea protein and pea starch. Several key factors have contributed to this shift, including health issues such as lactose intolerance and meat allergies, along with a heightened awareness of health and wellness among consumers. These factors have motivated individuals to opt for plant-based proteins and starches that are free from allergens.

The trend toward plant-based proteins is supported by a UN report from August 2019, which highlights the potential benefits of plant-based diets in addressing climate change. The report estimates that approximately a quarter of global greenhouse gas emissions come from food products, with over 26% attributed to this sector, including more than half (58%) stemming from animal products, particularly beef and lamb. According to the World Population Review, in 2019, the UK boasted the largest vegan population, followed by Australia, Israel, New Zealand, Switzerland, Austria, Germany, and Sweden.

List of Top Pea Starch Companies

• Emsland Group (Germany)
• Ingredion Incorporated (US)
• Roquette Freres (France)
• Vestkorn (Norway)
• Axiom Foods (US)
• COSUCRA (Belgium)
• AGT Food & Ingredients (Canada)
• Puris Foods (US)
• NutriPea (Canada)
• Organicway (China)

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Feed Acidulants Market to See Major Growth by 2028

 The feed acidulants market size is projected to be valued at USD 3.4 billion in 2023 and is expected to grow to USD 4.7 billion by 2028, reflecting a compound annual growth rate (CAGR) of 6.2% over the forecast period. Various macroeconomic and microeconomic factors affecting key countries have influenced the global feed acidulants market. These factors are anticipated to significantly impact market value sales during the projected period. The increasing consumption of animal-based foods, the rising demand for high-protein diets, and evolving lifestyles and consumption patterns are key drivers of demand in the feed acidulants market.

Feed Acidulants Market Trends

The Feed Acidulants Market has been experiencing notable trends in recent years. Here are some key trends shaping the market:

• Rising Demand for Animal Nutrition: The growing awareness of animal health and nutrition is driving the demand for feed acidulants. They are known to enhance feed digestibility and improve gut health in livestock.
• Shift Towards Natural and Organic Products: There is an increasing preference for natural and organic feed additives among consumers and livestock producers. This shift is propelling the demand for organic acidulants derived from natural sources.
• Focus on Livestock Health: With a rising focus on animal welfare and health, acidulants are increasingly being used to prevent microbial growth, reduce the incidence of disease, and improve overall livestock performance.
• Regulatory Support: Governments and regulatory bodies are encouraging the use of feed acidulants as a safer alternative to antibiotics in animal feed, promoting their adoption among livestock producers.
• Technological Advancements: Innovations in production processes and formulations of feed acidulants are leading to improved efficacy and cost-effectiveness. This includes the development of encapsulated acidulants for better stability and release in the gut.
• Market Expansion in Developing Regions: Emerging economies are witnessing significant growth in the livestock sector, resulting in increased demand for feed acidulants. The expanding middle class and rising meat consumption in regions like Asia-Pacific are contributing to this trend.
• Increased Focus on Sustainable Practices: The livestock industry is increasingly adopting sustainable practices, which include the use of feed acidulants to improve feed efficiency and reduce waste, aligning with environmental goals.
• Growing Use in Aquaculture: There is a rising trend in the aquaculture sector for using feed acidulants to enhance fish health, growth rates, and overall productivity.

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Formic Acid in the Feed Acidulants Market Expected to Experience the Highest CAGR Growth During the Forecast Period.

The demand for formic acid as a feed acidulant has been on the rise in recent years. Recognized for its beneficial effects on animal health and performance, formic acid is a potent acid that lowers gut pH, effectively inhibiting the growth of harmful bacteria and enhancing feed digestion. Additionally, it promotes better nutrient absorption, decreases the likelihood of diarrhea and respiratory diseases, and improves feed conversion efficiency. Key drivers of market growth for formic acid in the feed acidulants sector include its growing adoption in the poultry industry and its demonstrated effectiveness and cost-efficiency.

Feed Efficiency by Function Segment Expected to Be the Second Largest Segment During the Forecast Period.

The role of feed acidulants in enhancing feed efficiency is a significant driver of growth in the feed acidulants market. These additives improve feed efficiency by promoting better digestion and nutrient absorption, minimizing gastrointestinal disorders, and fostering a healthy microbial balance in the gut. As a result, animals exhibit improved performance, accelerated growth rates, and enhanced feed conversion ratios. This boost in feed efficiency is especially crucial in the livestock sector, as it can lead to lower feed costs and increased profitability.

Top Feed Acidulants Companies

The key players in this market include BASF SE (Germany), Yara (Norway), Eastman Chemical Company (US), DSM (Netherlands), Corbion (Netherlands), and Perstorp (Sweden).

Key Questions Addressed by the Feed Acidulants Market Report:

• Which region is projected to have the fastest growth in the feed acidulants market?
• What is the current size of the global feed acidulants market?
• Which are the key players in the market, and how intense is the competition?
• What are the restraining factors limiting growth in the feed acidulants market?
• Which acid type is projected to dominate the feed acidulants market?

Microirrigation Systems Market Growth by Emerging Trends, Analysis, and Forecast - 2028

 The microirrigation systems market size was valued at USD 10.4 billion in 2022 and is expected to reach USD 17.8 billion by 2028, with a compound annual growth rate (CAGR) of 9.4% during the forecast period. Microirrigation devices deliver water directly to the root zone of plants, ensuring optimal moisture levels and reducing water stress. This targeted water application fosters healthier plant growth, leading to increased crop yields and improved produce quality. With the rise of urban agriculture and rooftop farming, where water availability is critical, micro-watering systems are becoming an attractive option. They efficiently utilize limited water resources and provide controlled irrigation in confined spaces. These factors are driving the growth of the microirrigation systems market.

Microirrigation Systems Market Trends

Here are some key trends in the Microirrigation Systems Market:

1. Increased Adoption of Water-Saving Technologies: With growing concerns over water scarcity, farmers are increasingly adopting microirrigation systems to optimize water usage, reduce waste, and improve crop yields.
2. Technological Advancements: Innovations such as automated irrigation systems, sensors, and smart controllers are enhancing the efficiency and precision of microirrigation systems. These technologies help farmers monitor soil moisture levels and adjust irrigation schedules in real time.
3. Government Support and Incentives: Many governments are promoting the use of microirrigation through subsidies, grants, and training programs to encourage sustainable agriculture practices and improve water conservation.
4. Rising Demand for High-Value Crops: The increasing cultivation of high-value crops, such as fruits and vegetables, is driving the demand for efficient irrigation solutions. Microirrigation systems provide the necessary control over water and nutrient application for these crops.
5. Sustainable Agriculture Practices: There is a growing emphasis on sustainable farming methods, which promote the use of microirrigation as it minimizes soil erosion, reduces chemical runoff, and improves soil health.
6. Growth in Developing Regions: As agriculture becomes more mechanized and technologically advanced in developing countries, the demand for microirrigation systems is rising. These regions are witnessing investments in irrigation infrastructure to enhance food security.
7. Integration with IoT and Precision Agriculture: The integration of microirrigation systems with Internet of Things (IoT) technologies is on the rise. This allows for more precise monitoring and control, leading to better resource management and crop performance.
8. Focus on Organic Farming: As the demand for organic produce increases, farmers are turning to microirrigation systems to manage water and nutrients effectively while adhering to organic farming practices.
9. Environmental Awareness: There is a growing awareness of the environmental impact of traditional irrigation methods, prompting farmers to adopt more efficient microirrigation solutions to reduce their ecological footprint.

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What specific factors are driving the demand for microirrigation systems in areas experiencing drought?

Advanced irrigation systems have made it possible to protect agricultural fields from drought. Effective irrigation scheduling techniques have led to notable successes among farmers, and the adoption of technology-driven scheduling is on the rise. With microirrigation, farmers can maintain consistent production levels even during drought years, as these systems use minimal water resources while still achieving high yields. The variety of available systems, ranging from simple methods for recording water usage to sophisticated tools that monitor soil moisture, has empowered farmers from diverse backgrounds to address water shortages during dry spells. These irrigation solutions enable farmers to sustain high yields with limited water usage. Additionally, smart irrigation tools highlight that drip irrigation systems are generally more efficient than traditional sprinkler systems. This efficiency is a crucial factor driving the growth of the microirrigation systems market, especially in tropical regions prone to frequent droughts.

The Asia Pacific region is projected to experience the fastest growth throughout the study period.

Climate challenges in the Asia-Pacific region include erratic rainfall, droughts, and heat waves. Microirrigation systems offer precise and efficient water distribution, enhancing resilience to extreme weather conditions. Farmers can adjust irrigation schedules and water applications based on the specific needs of each crop, enabling them to withstand and adapt to changing climate conditions. In some regions, irrigation water may contain high levels of salts, heavy metals, or other contaminants. To address these issues, microirrigation systems can be equipped with filtration and purification devices, ensuring that plants receive clean water. By improving water quality, microirrigation promotes better crop health and higher yields.

Top Microirrigation Systems Companies: 

Eminent players operating in the microirrigation systems market are Jain Irrigation Systems Ltd. (India), The Toro Company (US), Netafim (Israel), Nelson Irrigation (US), Rain Bird Corporation (US), Finolex Plasson (India), Mahindra EPC Irrigation Limited (India), T-L Irrigation (US), Hunter Industries (US), Rivulis (Israel), Chinadrip irrigation Equipment Co., Ltd. (China), Elgo Irrigation Ltd. (Israel), Antelco (Australia), Microjet (South Africa), and Irritec S.p.A. (Italy), among others.

Key Questions Addressed by the Microirrigation Systems Market Report:

Which are the major companies in the microirrigation systems market? What are their major strategies to strengthen their market presence?
What are the drivers and opportunities for the microirrigation systems market?
Which region is expected to hold the highest market share?
What are the challenges that could restrict market growth of the microirrigation systems market?
What is the total CAGR expected to be recorded for the microirrigation systems market during 2023-2028?

Industrial Enzymes Market Trends, Revenue Insights, Overview, Industry Outlook, and Analysis (2024-2029)

 The global industrial enzymes market is expected to grow from USD 7.9 billion in 2024 to USD 11.2 billion by 2029, reflecting a CAGR of 7.2% during the forecast period. This growth is largely driven by increasing demand from industries such as food and beverages, biofuel production, and more. Enzymes offer a sustainable alternative to traditional chemical processes, and advancements in biotechnology and protein engineering have expanded their effectiveness and applications. Government support and stringent environmental regulations, like the U.S. Toxic Substances Control Act and the Canadian Environmental Protection Act, further promote the adoption of eco-friendly enzyme technologies. Additionally, the growing consumer preference for clean labels and organic products is boosting the demand for enzymes, as they align with natural and sustainable ingredient requirements. This trend is expected to further enhance the market value of industrial enzymes.

Industrial Enzymes Market Drivers: Switch toward renewable sources of energy to lead to increased consumption of bioethanol

The increasing demand for renewable energy, particularly bioethanol, is significantly driving the industrial enzymes market. This demand is fueled by environmental concerns and a commitment to reducing greenhouse gas emissions. The overexploitation of natural resources and rising air pollution have intensified the focus on sustainable alternatives. Bioethanol, produced through enzymatic hydrolysis, offers a much cleaner option compared to conventional fuels like gasoline. The production process of bioethanol relies on various enzymes, including amylases, cellulases, lipases, and proteases, which means that growth in the bioethanol sector will positively impact the industrial enzymes market. Additionally, government initiatives and policies promoting renewable energy, with ambitious clean energy targets, are further supporting the expansion of the industrial enzymes market.

Industrial Enzymes Market Opportunities: Innovations in technologies and wide industry scope

The industrial enzymes market is poised for significant growth driven by innovative technologies. Advances in bioprocessing allow for the production of enzymes from a diverse range of feedstocks, enhancing sustainability. Furthermore, genomics and metagenomics facilitate the discovery of new enzymes tailored for specific industrial applications, particularly in the degradation of lignocellulosic biomass. Automation and artificial intelligence also play a crucial role by improving efficiency and precision in enzyme production through fermentation processes and optimizing enzyme formulations. Key industry players, such as DSM, are further propelling this growth by innovating low-glycerol yeast technology for bioethanol production, which aims to mitigate the environmental challenges associated with traditional fuels.

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What factors contribute to the dominance of food and beverage applications in the industrial enzymes market?

The industrial enzymes market in the food and beverage sector is experiencing rapid growth, driven primarily by increasing consumer demand for natural, sustainable, and healthier food options. Enzymes are appealing to health-conscious buyers because they help preserve natural characteristics while enhancing efficiency in food processing. Additionally, they are crucial in developing new products like plant-based, lactose-free, and gluten-free options, which are gaining popularity as dietary preferences evolve. Enzymes also improve texture, flavor, and shelf life, further fueling their demand. As the food industry becomes more innovative, the significance of enzymes continues to rise, contributing to their remarkable growth in the market.

Asia Pacific Industrial Enzymes Market Poised for Highest CAGR Growth During the Forecast Period.

The industrial enzyme market in the Asia-Pacific region has experienced significant growth, driven by the expanding food and beverage sectors, where enzymes are used to enhance product quality and extend shelf life. Additionally, government initiatives promoting biofuels have increased the use of enzymes in bioethanol production. The region's rapidly growing textile industry, which benefits from the eco-friendly applications of enzymes, also contributes to rising demand. Furthermore, advancements in sustainable agriculture are fueling the adoption of enzymes in farming practices.

Top Industrial Enzymes Companies

The key players in the industrial enzymes market include BASF (Germany), Novozymes (Denmark), DuPont (US), DSM (Netherlands), Associated British Foods plc (UK), Kerry Group plc (Ireland), Advanced Enzyme Technologies (India), Chr. Hansen Holding A/S (Denmark), Amano Enzyme Inc. (Japan) and Megazyme Ltd. (Ireland). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Key Trends Shaping the Feeding Systems Market

 The feeding systems market is estimated at USD 3.22 billion in 2024 and is projected to reach USD 4.72 billion by 2029, at a CAGR of 8.0% from 2024 to 2029. Strong growth in the feeding systems market is based on the growing demand for automated and efficient livestock management solutions. The adoption of automated feeding systems is significantly growing with the advent of advanced technology, as it increases productivity and has a low labour cost while delivering very accurate nutrients to animals. Most investment has taken place in poultry, dairy, and swine farming, where large-scale production benefits the most from streamlined processes. North America and the Asia Pacific are the two big markets that are contributing to the growth of the market, the key players in these regions focusing on innovations and adaptation to meet the growing demands of sustainable and scalable farming practices.

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The Mixing Function is the having the significant share within the function sector of the feeding systems market.

The feed mixer function accounts for a significant share of the global feeding systems market as it represents an essential function of ensuring uniform blending for feed components being fed into livestock. Feed mixers are also considered a critical tool in managing the creation of a balanced feed mixture as it enables correct nutrient compositions, which will positively contribute to the health and productivity of animals. Feed mixers have come to be of paramount importance in contemporary livestock operations because they prevent feed waste and improve the efficiency of the feed.  As such, an increase in the adoption of automatic feeding technologies and the need for the formulation of high-precision feeds to maximize farm outputs is a major driver for the increasing usage of feed mixers in small, medium, and large farm operations across the world.

The poultry segment is growing at a significant CAGR in the feeding systems market during the forecasted period 2024-2029.

The poultry segment is the growing at a significant CAGR in the feeding systems market, especially due to the growing demand for global poultry meat. A 2021 OECD study estimates that there will be an increase in meat protein consumption by 14% by 2030, mainly from poultry products that will account for about 40% of protein consumption. Hence, with such growing scales of poultry farming operations, efficient and automated feeding systems come into the picture. Advanced feeding systems prove to be of paramount importance for optimizing poultry nutrition with uniform feeding, which would further lead to minimum feed wastage, hence improving flocks' health and productivity. Thus, automated feeding systems have increased the efficiency of operation and align with interest in biosecurity and hygiene practices in poultry farming with regard to increased market demand for safer and better poultry meat quality.

North America Set to Lead the Feeding Systems Market Share.

North America includes countries such as the US, Mexico, and Canada. A variety of factors drive growth in feeding systems within this region. Improved feeding technology, as well as reduced operational expenses from the adoption of automated feeding systems, boosted the demand in this region. Additionally, labor shortages within the agricultural industry are forcing farmers towards automation. Furthermore, the demand for livestock-based products in the North American region is generating a significant call for efficient farm practices to maximize the livestock output. Hence, livestock growers are switching towards advanced feeding systems to enhance livestock growth and maximize feed conversion ratio.

Top Feeding Systems Companies:

The report profiles key players such as DeLaval (Sweden), GEA Group Aktiengesellschaft (Germany), Lely (Netherlands), Trioliet B.V. (Netherlands), VDL Agrotech (Netherlands), ScaleAQ (Norway), AGCO Corporation (US), BouMatic (US), Pellon Group Oy (Finland), Rovibec Agrisolutions (Canada), CTB, Inc. (US), AKVA Group (Norway), Dairymaster (US), Maskinfabrikken Cormall A/S (Denmark), Schauer Agrotronic GmbH (Austria).

Feeding Systems Industry News:

In July 2024, Trioliet launched three new models in its Solomix 2 feed mixer range: the 2200, 2600, and 2800, with capacities of 22 m³, 26 m³, and 28 m³, respectively. These feed mixers are designed for farms with limited space, featuring a compact design, low machine height, and high maneuverability. The Solomix 2 range now offers eight different volumes from 20 m³ to 36 m³.

In September 2022, GEA introduced the DairyFeed F4500, an autonomous feeding robot designed to support dairy farms in reducing their carbon footprint and operational costs. The robot independently manages the feeding process for herds of up to 300 cows, providing the right feed mix for different animal groups to enhance animal welfare, productivity, and reduce methane emissions. Powered by electricity, the robot integrates with renewable energy sources and does not require major farm modifications.

Precision Irrigation Market Share, Emerging Trends, Growth Opportunities, Leading Players, and Forecast - 2029

 The precision irrigation market size is estimated at USD 4.18 billion in 2024 and is projected to reach USD 6.29 billion by 2029, at a CAGR of 8.5% from 2024 to 2029. The global demand for precision irrigation is growing rapidly, driven by rising mechanization and the adoption of smart agricultural technologies. According to a report from FICCI in 2023, more than 95% of farming activities in the US and Canada are now mechanized. This transition boosts efficiency and productivity as farmers use advanced machinery for a variety of tasks. Moreover, technologies such as the Internet of Things (IoT) are becoming popular, allowing farmers to monitor and control irrigation systems remotely using their smartphones. This innovation facilitates precise water management and scheduling, which are crucial for sustainable farming practices. With ongoing investments in research and development, integrating sprinkler and drip irrigation systems presents promising growth opportunities in the precision irrigation market.

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Fertigation Sensors are Projected to Experience the Highest CAGR in the Precision Irrigation Market During the Forecast Period.

The demand for fertigation sensors in precision irrigation is expected to increase significantly due to their crucial role in optimizing nutrient delivery and water use. These sensors help farmers monitor and adjust nutrient levels in real-time, leading to higher crop yields and better resource efficiency. As sustainable agriculture gains importance, fertigation sensors offer precise control over fertilizer use, reducing waste and environmental harm. Compared to traditional sensors like soil moisture and temperature gauges, fertigation sensors meet the rising need for integrated nutrient management, making them crucial for modern farming practices.

The AI and machine learning algorithms in irrigation segment within the technology type has a larger share and is growing at a higher CAGR in the precision irrigation market during the forecast period.

For precision irrigation to maximize water use and boost crop yields, artificial intelligence (AI) and machine learning are essential because they analyse vast amounts of data from sensors, weather forecasts, and soil conditions. These technologies allow farmers to make real-time decisions, applying water only when and where it's necessary, which reduces waste and improves efficiency. With their ability to recognize patterns and adapt over time, AI and machine learning are set for significant growth in the precision irrigation market, surpassing other technologies like IoT, GIS, and cloud computing due to their superior predictive capabilities.

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Based on region, North America dominated the precision irrigation market in 2023.

North America region dominated the precision irrigation market in 2023. This dominance was due to the modern farming techniques and significant investments in irrigation technologies. Prominent manufacturers such as Hunter Industries Inc. (US), RainBird Corporation (US), Valmont Industries Inc. (US), and The Toro Company (US) are based in this region. These manufacturers promote innovation and make precision irrigation solutions more accessible. A July 2023 article by the non-governmental organization Food and Water Watch reported that drought, exacerbated by climate change and poor water management, is having a severe impact on New Mexico, with industrial agriculture using over 80% of the state's freshwater resources. This heavy reliance on irrigation, along with challenges like water scarcity and strict regulations, encourages farmers to adopt more efficient methods like precision irrigation.

Top Precision Irrigation Companies:

The report profiles key players such as Valmont Industries, Inc. (US), NETAFIM (Israel), Hunter Industries Inc. (US), The Toro Company (US), Rain Bird Corporation (US), Lindsay Corporation (US), Rivulis (Israel), HydroPoint (US), REINKE MANUFACTURING CO., INC. (US), AZUD (Spain), T-L Irrigation (US), and Mahindra Irrigation (India).

Food and Beverage Metal Cans Market Size, Latest Trends, Growth Factors, and Forecast

The food and beverage metal cans market size is estimated at USD 50.42 billion in 2024 and is projected to reach USD 70.72 billion by 2029, at a CAGR of 7.0% from 2024 to 2029. Metal packaging is superior for food preservation compared to other materials, offering extended shelf life and enhanced safety. The advantages begin with the material itself. Metal is an excellent choice for packaging because it effectively blocks air, light, and moisture—the three main threats to food preservation. It is also durable, rigid, and highly resistant to punctures. Metal can endure high temperatures, making it suitable for specialist canning processes used to preserve meat, fish, and vegetables that would otherwise spoil quickly. By steam-exhausting and sealing perishable goods while still hot, all bacteria are eliminated, ensuring the food remains safe and consumable for months.

Furthermore, metal is ideal for carbonated beverages that require bottling under high pressure. Steel and aluminum bottles have now surpassed glass in popularity for fizzy drinks, as they provide better protection while being lighter and less prone to breakage than glass. texture.

Food and Beverage Metal Cans Market Drivers: Recyclable properties of metal cans

Recycling plays a crucial role in the modern aluminum can industry, driving its growth. Recycling aluminum requires only about 5% of the energy needed to produce new aluminum, leading to reduced carbon emissions and cost savings for both businesses and consumers. Consequently, nearly 75% of all aluminum ever produced remains in use today, according to industry data.

Steel, on the other hand, is fully recyclable and can contain up to 25% recycled material. It is also the most energy-efficient metal for can production. These characteristics make metal cans ideal packaging material for a wide range of products, including food, beverages, aerosols, pet food, and various household and industrial items.

What is a distinguishing feature of bright coating cans used in the food and beverage industry?

The food & beverage metal cans coating type market is divided into two segments: bright coating cans and white base cans. Bright coating cans are metal cans used in the food and beverage industry, distinguished by their glossy, reflective finish. This coating enhances the visual appeal of the cans, giving them a sleek, shiny appearance that stands out on store shelves. Beyond aesthetics, the bright coating provides an added layer of protection, making the cans more resistant to scratches, wear, and corrosion. Often used for beverages like energy drinks, sodas, and craft beers, these cans are designed to attract consumer attention. Despite their premium look, bright coating cans retain the lightweight, durable, and recyclable qualities of metal cans, supporting sustainability efforts.

Pressurized Cans Expected to Experience Higher Growth in the Food and Beverage Metal Cans Market Due to Increased Internal Pressure.

Aluminum and steel packaging, often referred to as General Line or Specialty Cans, have emerged as premium choices in the consumer products market due to their versatility across both food and non-food applications. These lightweight materials provide a cost-effective and impact-resistant solution, making them ideal for various products. Additionally, the smooth surface of metal cans presents a prime opportunity for brand marketing, allowing companies to showcase innovative designs and differentiate their products. The flexibility of steel and aluminum enables unique, eye-catching packaging that enhances product appeal. Aerosol cans, a part of this category, are also 100% recyclable, making them an environmentally friendly option. The rigidity of steel ensures product preservation, while the spill-proof nature of these containers adds to their convenience for consumers.

Asia Pacific is expected to dominate the food and beverage metal cans market share.

According to the United Nations Population Fund (UNFPA), the Asia and Pacific region is home to 60 percent of the global population, totaling approximately 4.3 billion people, including the world’s most populous countries, China and India. Following significant growth in 2023, the Asia-Pacific (APAC) region is projected to be the fastest-growing region in the global economy in 2024. This growth will be driven by robust domestic demand in East Asia and India, along with a modest recovery in East Asian exports. This fast-paced growth of population and industrialization will boost the market of metal cans in APAC.

Top Food and Beverage Metal Cans Companies

Key players operating in the food and beverage metal cans market include Crown Holdings, Inc (US), Ball Corporation (US), Silgan Holdings Inc. (US), Ardagh Group (Luxembourg), CCL Industries (US), CAN-PACK S.A (Poland), Kian-Joo Group (Malaysia), CPMC Holdings (China), Envases Group (Spain), and Toyo Seikan Group Holdings, Ltd.  (Japan). These players in this market are focusing on increasing their presence through expansion and collaboration. These companies have a strong presence in North America, Asia Pacific, and Europe.

Food Diagnostics Market Will Hit Big Revenues In Future

The food diagnostics market size is projected to grow from an estimated USD 16.2 billion in 2023 to USD 23.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 7.7% during this period. The demand for food diagnostic solutions has risen sharply as consumers and regulatory agencies prioritize food safety and quality. This market encompasses a diverse array of products, including systems, test kits, and consumables, all of which play a crucial role in its growth. The increasing need for rapid and precise detection of allergens, contaminants, pathogens, and adulterants in food products significantly drives this expansion.

A key factor propelling the food diagnostics market is the globalization of food trade. As the food supply chain becomes more interconnected internationally, the demand for effective diagnostic systems has surged. Food producers and exporters face the challenge of adhering to various food safety regulations and quality standards across different countries. Consequently, there has been a marked increase in the adoption of advanced diagnostic tools to ensure compliance with these diverse and often stringent requirements, thereby fostering market growth.

Food Diagnostics Market Drivers: Increasing cases of food recalls

The increasing frequency of food recalls has significantly impacted the food diagnostics industry, driven by growing concerns over food safety and public health. The introduction of contaminated or unsafe food products can result in serious consequences, including illnesses, hospitalizations, and even fatalities. This escalating awareness of food safety has led regulatory agencies and food manufacturers to invest in sophisticated diagnostic technologies. These innovations allow for the rapid and precise detection of contaminants, pathogens, allergens, and adulterants, thereby mitigating the risk of tainted food reaching consumers. Additionally, the financial and reputational damages associated with food recalls have motivated companies to implement advanced diagnostic solutions, reducing the likelihood of such incidents and contributing to the expansion of the food diagnostics market.

Food Diagnostics Market Opportunities: Increased budget allocation and expenditure on food safety

Governments, regulatory agencies, and stakeholders in the food industry worldwide have acknowledged the vital importance of maintaining safety and quality throughout the food supply chain. This acknowledgment has led to a significant increase in investments in food safety initiatives, fostering innovation and growth within the food diagnostics industry. The rise of advanced technologies, such as DNA-based testing and rapid pathogen detection, has gained considerable momentum, allowing for more accurate and efficient monitoring of food products from production to consumption. Furthermore, growing consumer awareness of foodborne illnesses and the demand for transparency in the food supply chain have intensified the need for effective food diagnostics solutions. This presents numerous opportunities for companies to create cutting-edge diagnostic tools and services. As the market evolves, the food diagnostics sector is well-positioned for substantial growth, promising enhanced food safety and quality.

The meat, poultry, and seafood segment is projected to hold the largest share of the food diagnostics market based on tested food types.

Foodborne illnesses and contamination outbreaks remain a significant global issue, often originating from protein-rich categories such as meat, poultry, and seafood. Ensuring the safety and quality of these products is essential to prevent serious health risks and uphold consumer confidence. Additionally, meat, poultry, and seafood are vital components of the food industry, significantly contributing to market revenues. As essential staples in diets worldwide, they represent a considerable share of consumer spending, making their quality and safety critically important. Therefore, monitoring these products for pathogens, allergens, chemical residues, and other contaminants is vital for consumer protection and the economic stability of the industry.

The globalization of the food supply chain has necessitated adherence to international regulations and standards. Compliance with rigorous regulations, including Hazard Analysis and Critical Control Points (HACCP), ISO standards, and national food safety guidelines, is essential for manufacturers and exporters. This demand has driven the adoption of advanced food diagnostics techniques in the meat, poultry, and seafood sectors.

Asia Pacific is projected to achieve the highest CAGR in the global food diagnostics market.

The Asia Pacific region is witnessing considerable population growth, urbanization, and a rise in disposable income. This rapid population increase, especially in countries such as China and India, has resulted in higher food consumption. Consequently, the demand for effective food safety and quality testing has become essential. As more individuals move to urban areas, the need for processed and packaged foods is escalating. This rising demand for food products requires stringent quality control and safety measures, which are fueling the expansion of the food diagnostics market.

Top Food Diagnostics Companies

Major key players operating in the food diagnostics market include Bio-Rad Laboratories Inc. (US), Thermo Fisher Scientific Inc. (US), Shimadzu Corporation (Japan), Neogen Corporation (US), BioMerieux (France), Agilent Technologies Inc. (US), Merck KGaA (Germany), QIAGEN (Germany), Bruker (US), and Danaher (US).

Wheat Protein Market Overview, Latest Trends, Growth Opportunities, Challenges, and Leading Players

The global wheat protein market is projected to grow from $2.5 billion in 2023 to $3.2 billion by 2028, with a compound annual growth rate (CAGR) of 4.9% during this period. This growth is driven by the rising popularity of meat-free diets, increasing obesity rates leading to higher demand for low-calorie foods, and a growing consumer preference for healthier options. Wheat gluten, known for its high protein content, has seen a surge in demand, contributing significantly to the expansion of the global wheat protein market.

Wheat Protein Market Drivers: Increase in consumer preference for meat analogs

The global market for plant-based meat alternatives has seen significant growth as consumers seek products that closely replicate the fibrous structure, texture, and mouthfeel of traditional meat. This rising demand has driven the development of plant protein-based meat substitutes worldwide. Increasing awareness of healthy and nutritious eating has also given rise to a new group of consumers, known as “flexitarians,” who are looking to reduce their meat intake. This shift in dietary preferences has spurred the creation of innovative products designed to meet consumer demand for meat-like options that not only taste like meat but also offer high protein content. For example, under the European research project LikeMeat, academic researchers and small to medium-sized enterprises have successfully developed new meat alternatives. They achieved this by creating fibrous, meat-like structures from plant proteins using a modified cooking extrusion process, which were then transformed into various food products.

Wheat Protein Market Opportunities: Growing role of wheat protein in the pet industry

The global pet food market is primarily driven by two significant trends: premiumization and humanization. Pet owners increasingly view their pets as family members, leading to a heightened demand for premium pet food that offers nutritional benefits, better digestibility, and superior ingredient quality. In response to this shift, major companies like Crespel & Deiters Group (Germany) are introducing wheat protein as a key ingredient in pet food products. Wheat, commonly used in dry dog foods and biscuits, provides high-quality carbohydrates that not only supply energy for daily activities but also enhance the food's processing capabilities. As a rich source of starches, vitamins, minerals, trace elements, and fiber, wheat-based products contribute to the development of balanced and nutritious pet foods, offering a holistic approach to optimizing pet diets.

How is the adoption of plant-based meat substitutes impacting the demand for textured wheat protein?

Textured wheat protein, also known as wheat meat, wheat gluten, or seitan, is a popular plant-based protein source used as a meat substitute for many years. A study published in the journal, Foods, in 2021 found that the demand for meat substitutes, including textured wheat protein, is increasing worldwide due to health, ethical, and environmental concerns associated with meat consumption. In 2019, a survey by the International Food Information Council found that 22% of US consumers reported consuming plant-based meat substitutes, including textured wheat protein, at least once a week. Therefore, the demand for textured wheat protein is increasing globally, driven by factors such as the growing popularity of plant-based diets and the increasing demand for sustainable and ethical food products.

North America Dominates the Wheat Protein Market Share.

Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by growing consumer awareness about the importance of protein in the diet, which, in turn, has encouraged the demand for functional food & beverages. The versatile functionality of wheat protein has sustained demand in the baking industry, leading to constant growth in consumption. Research and technological developments in hydrolysed wheat protein have also led to a long-term consumption trend of wheat protein in the US. However, the increase in discussion on gluten intolerance acts as a hindrance to the growth of the wheat protein market in this region. The high functional profile, low carbon footprint, and low price of wheat-sourced proteins are the key factors encouraging the consumption of wheat protein, particularly in baked products.

Top Wheat Protein Companies

The key players in this market include ADM (US), Cargill, Incorporated (US), Tereos (France), Südzucker AG (US), MGP Ingredients (US), Roquette Frères (France), Glico Nutrition Foods Co., Ltd. (Japan), Kerry Group PLC (Ireland), Manildra Group (Australia), and Kröner-Stärke (Germany), among others. The study includes an in-depth competitive analysis of these key players in the wheat protein market with their company profiles, recent developments, and key market strategies.

Key questions addressed by the Wheat Protein Market Report:

• What is the projected market value of the global wheat protein market?
• What is the estimated growth rate (CAGR) of the global wheat protein market for the next five years?
• What are the major revenue pockets in the wheat protein market currently?
• What are the nutritional benefits of wheat protein?
• What are the factors driving the growth of the wheat protein market?
• What are the major players operating in the wheat protein market?

Upcoming Growth Trends in the Bakery Premixes Market

The global bakery premixes market, valued at USD 406 million in 2023, is projected to grow at a CAGR of 6.0%, reaching USD 544 million by 2028. This growth is driven by transformative innovations and shifting consumer preferences. The rising demand for convenient, time-saving baking solutions is a key factor propelling the market. Bakery premixes, which provide pre-measured and blended ingredients for a variety of baked goods, streamline the baking process for both commercial and home bakers. Furthermore, the increasing popularity of ready-to-use baking mixes, along with the growing trend of home baking as a leisure activity, has further fueled market expansion.

Bakery Premixes Market Opportunities: E-Commerce and Direct-to-Consumer Sales create opportunities for manufacturers to reach a wider audience

E-commerce and direct-to-consumer (DTC) sales have emerged as crucial channels offering substantial growth opportunities for manufacturers across various industries, including the bakery premixes market. These platforms provide an effective way to reach a broader audience and capitalize on shifting consumer behaviors. Unlike traditional retail distribution, which can be geographically limited, an online presence enables bakery premix manufacturers to showcase their products to a global audience. This expanded accessibility allows companies to cater to diverse consumer preferences and regional culinary traditions. Moreover, the surge in home baking, particularly during periods of increased at-home activities, has significantly boosted the success of e-commerce for bakery products. With just a few clicks, consumers can explore a wide variety of premixes tailored to different tastes and dietary needs, encouraging creativity and experimentation in baking. This convenience fosters a vibrant and engaged customer community.

Why has the demand for bakery premixes been increasing in recent years?

Bakery premixes are widely used in a range of products like cakes, pastries, muffins, donuts, and pancakes. In recent years, the demand for these premixes has surged, largely due to the growing popularity of bakery items, especially cakes, pastries, and muffins. This increase is fueled by the easy availability of these products in retail stores and the rise in urban populations. A key factor driving the bakery premixes market is the convenience they provide. Both home bakers and professionals value the time-saving benefits, allowing them to produce high-quality baked goods efficiently. This ease of use has also encouraged individuals who previously avoided baking due to its perceived complexity.

Europe is expected to dominate the global bakery premixes market share.

European consumers are becoming increasingly mindful of environmental issues, driving greater demand for organic, fair-trade, and locally sourced ingredients in bakery premixes. In response, manufacturers are introducing innovative offerings such as gluten-free, plant-based, and low-sugar options. To thrive in the European market, bakery premix manufacturers must focus on sustainability, adapt to evolving consumer preferences, and offer convenient, cutting-edge solutions for diverse applications. Major players like Puratos, Bakels Worldwide, and Lesaffre hold significant market share, while regional producers also maintain a strong foothold. Market dynamics differ across Europe, with Germany and the UK leading, followed by Italy and France. Additionally, technological advancements such as automated mixing and ingredient dispensing systems are expected to further boost market growth.

Top Bakery Premixes Companies:

The key players in this market include Puratos (Belgium), ADM (US), Cargill, Incorporated (US), Nestlé (Switzerland), Oy Karl Fazer Ab (Finland), Bakels Worldwide (Switzerland), Corbion (Netherlands), Lesaffre (France), DSM (Netherlands), and Nisshin Seifun Group Inc. (Japan). These players in this market are focusing on increasing their presence through expansion and collaboration. These companies have a strong presence in North America, Asia Pacific, and Europe.

Sustainable Growth Opportunities in the Wet Pet Food Market

 The wet pet food market size is valued at USD 25.4 billion in 2023 and is expected to grow to USD 31.7 billion by 2028, with a CAGR of 4.5% during the forecast period. In recent years, the pet industry has experienced notable expansion, offering a broad array of products ranging from specialized toys to cutting-edge grooming solutions. Among these offerings, wet pet food has gained popularity due to its high moisture content, which mirrors traditional stews and gravies. This not only enhances flavor but also supports hydration, a key factor in pet health. Additionally, wet pet food provides a rich nutritional profile, incorporating essential proteins, vitamins, and minerals, making it suitable for pets with specific dietary needs or health concerns.

As consumers increasingly prioritize health, wet pet food has emerged as a popular choice to meet evolving nutritional demands. This growth is largely fueled by rising disposable incomes, the perception of pets as family members, and a growing understanding of how nutrition impacts overall pet well-being.

Wet Pet Food Market Trends

Here are some key trends in the Wet Pet Food Market:

Premiumization of Pet Food: Growing demand for high-quality ingredients and premium products is driving the wet pet food market, as pet owners seek healthier and more nutritious options for their pets.

Grain-Free and Natural Formulations: The rise in awareness about pet health has led to an increase in demand for grain-free and natural wet pet food, which avoids artificial ingredients, additives, and preservatives.

Humanization of Pets: Many pet owners treat pets as family members, leading to higher spending on wet pet food that mimics human food quality, including organic and gourmet options.

Focus on Pet Digestive Health: Digestive health has become a priority, with wet pet foods offering formulations that support gut health, improve digestion, and include probiotics.

Sustainability in Packaging: Brands are focusing on sustainable packaging solutions, such as recyclable or biodegradable packaging, to reduce their environmental footprint.

Growing Demand for Functional Ingredients: Ingredients that provide specific health benefits, such as joint health, skin and coat care, and immune system support, are becoming popular in wet pet food formulations.

Wet Pet Food Market Insights: Dogs Expected to Hold the Largest Share

Over the past few decades, dog adoption rates have seen a notable rise. Whether adopted from shelters or breeders, more dogs are becoming cherished members of households. This increase in dog ownership is attributed to various factors, including a greater awareness of the emotional and psychological benefits dogs offer to humans. Traditionally, developed nations like the US, Australia, Germany, and the Netherlands have been key markets for dog food, driven by the growing adoption of pets and higher spending on pet food products. However, in recent years, developing countries have also emerged as important markets for dog food. Rising pet adoptions, increased awareness of dog health, and the trend of humanizing pets have fueled this growth. Countries such as India, China, and Brazil now represent attractive markets for dog food, with large populations of stray dogs being adopted. According to data from PetSecure (Australia), nations like China, Japan, the Philippines, and India have some of the largest pet dog populations. Notably, India has the fastest-growing dog population globally.

Based on the distribution channel, online mode is anticipated to have the highest growth rate in the wet pet food market.

Online platforms are fueling the growth of the wet pet food market by overcoming the challenges of traditional shopping. The ease of browsing and purchasing online eliminates the need for physical store visits, offering greater accessibility. This convenience allows pet owners to explore a wider variety of wet pet food options and make more informed choices tailored to their pets’ specific needs. The global pandemic has significantly altered consumer behavior, accelerating a shift toward online shopping. E-commerce platforms saw a dramatic increase in demand as people sought safer ways to buy products. This trend extended to pet supplies, including wet pet food, as owners turned to online shopping for high-quality products while following safety guidelines. The rise in demand underscores the growing importance of online platforms in addressing changing consumer preferences, making them a key driver in the wet pet food market’s expansion.

Top Wet Pet Food Companies:

Nestlé (Switzerland), Mars, Incorporated (US), Colgate-Palmolive Company (US), Unicharm Corporation (Japan), Thai Union Group PCL (Thailand), Charoen Pokphand Foods PCL (Thailand), General Mills Inc. (US), The J.M. Smucker Company (US), Better Choice Company (US), MONGE SPA P.IVA (Italy), Schell & Kampeter, Inc. (US), Inaba-Petfood Co., Ltd. (Japan), Sunshine Mills, Inc. (US), and Farmina Pet Foods (Italy). These players in this market are focusing on increasing their presence through expansion and collaboration. These companies have a strong presence in North America, Asia Pacific, and Europe.

Wet Pet Food Industry Development:

In July 2023, Champion Petfoods, under Mars, Incorporated, introduced its ACANA PREMIUM PÂTÉ wet cat food line, aligning with feline natural diets focused on prey-based nutrition and hydration. The product includes 3- and 5.5-oz cans in six diverse recipes, catering to various tastes and nutritional needs, such as Omega 3 support for skin and coat health. This strategic product launch enhances its position in the wet pet food market by offering a tailored and nutritious option that satisfies the dietary preferences of cats and supports their overall health.

In April 2023, Mars Petcare’s SHEBA brand introduced its first line of kitten nutrition products, PERFECT PORTIONS Wet Kitten Food, complementing its existing range of nutritional offerings for cats of all ages. It is designed to provide comprehensive nutrition, featuring high-quality proteins that support immune system health, bone strength, and brain development. Enriched with essential nutrients, DHA, vitamins, and minerals, the diets are available in two flavors, Savory Chicken and Delicate Salmon, in 2.64-oz trays in physical stores and online via major retailers such as Amazon, Chewy, Walmart, and PetSmart.