Nematicides Market: Growth Opportunities and Recent Developments

The report "Nematicides Market by Type (Fumigants, Carbamates, Organophosphates, Bionematicides), Mode of Application (Fumigation, Drenching, Soil Dressing, Seed Treatment), Nematode Type (Root Knot, Cyst), Crop Type, Form, and Region - Global Forecast to 2025", The global nematicides market size is estimated to be valued at USD 1.3 billion in 2019 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 3.4% during the forecast period. Factors such as the growing demand for biological products and increasing number of product launches catering to the requirement of crop-specific nematodes drive the growth of the market.

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By type, bionematicides are projected to be the fastest-growing segment in the nematicides market during the forecast period

With the increasing awareness among consumers about the importance of organic foods, the adoption of sustainable agriculture and integrated pest management solutions has increased. This has led to the demand for biocontrol products such as pheromones, biofungicides, biopesticides, and bionematicides. A number of major players in the market such as Marrone Bio Innovations (US) and Valent BioSciences (US) are introducing bionematicide solutions for seed treatment. These factors have paved the way for the high growth rate in the bionematicides market.

By crop type, vegetables are projected to dominate the nematicides market.

The vegetables segment is projected to hold the largest market share owing to the increasing cases of infestation on vegetables such as potatoes, tomatoes, peas, cauliflower, and carrots, by nematode species such as root-knot, lesion, and cyst nematodes. The increasing acreage being brought under vegetable cultivation and the growing demand for organic vegetables drive the growth of this segment.

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

The market for nematicides is projected to grow at the highest CAGR in the Asia Pacific region owing to the growing nematode infestation in vegetables such as tomatoes, potatoes, carrots, peas, and cauliflower in the major vegetable-growing countries such as China and India. The regulatory scenario in the Asia Pacific region is comparatively more favorable for the launch of nematicides as compared to that of Europe and North America. There is also growing awareness among farmers about the use of bionematicides since the market for organic farming, and sustainable agriculture is growing with more consumers demanding organic fruits & vegetables.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the nematicides market. It consists of the profiles of leading companies such as Bayer AG (Germany), Syngenta Crop Protection AG (Switzerland), Corteva Agriscience (US), BASF SE (Germany), Adama Agricultural Solutions Ltd (Israel), FMC Corporation (US), Nufarm (Australia), UPL Limited (India), Isagro Group (Italy), Valent USA (US), Chr. Hansen (Denmark), Certis USA LLC (US), Marrone Bio Innovations (US), American Vanguard Corporation (US), Crop IQ Technology (UK), Real IPM Kenya (Kenya), Horizon Group (India), Agri Life (India), and T. Stanes & Company Limited (India).

Sodium Hypophosphite Market Size, Share, Growth, Trends, and Forecast to 2025

The sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 890 million by 2025. Increasing demand from various end-use industries such as automotive, aviation, electronics, and construction is expected to drive this market in the coming years.

Massive transformation in the industrial sector has made Asia Pacific a high growth market for sodium hypophosphite manufacturers. The region consists of populated countries such as China and India that have witnessed development in the electronics and automotive industries where hypophosphite finds widespread applications.

The reducing agent segment is projected to be the fastest-growing in the sodium hypophosphite market during the forecast period.

Sodium hypophosphite acts as a reducing agent for electroless nickel plating application. Electroless nickel plating finds its usage in the electronics and automotive industry. These industries are booming in the emerging Asia Pacific, South America, and the Middle East and African regions. In Asia Pacific, the rise in the number of vehicles in countries such as China, India, and Japan, holds high growth prospects for sodium hypophosphite manufacturers within the automotive industry in the coming years. In water treatment as well, sodium hypophosphite, acts as a reducing agent, to reduce the metal ion content in industrial waste before being discharged in water.

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The electroplating segment is projected to record the fastest growth during the forecast period.

Sodium hypophosphite finds its usage widely for electroplating application. The automotive and electronics industries utilize the electroless nickel plating application. The corrosion resistance property of electroless nickel plating makes it an ideal choice for both the industries. The Asia Pacific region, a hub of export of electronic products, boasts of high growth prospects for sodium hypophosphite manufacturers in the coming years. Key revenue generating countries in the region include China, among the largest producer of electronics at a global level, Vietnam, Japan, South Korea, Taiwan, and Thailand, the hub of production of hard drives, semiconductor, and integrated circuits.

Rising demand for water treatment in industrial applications is projected to drive the sodium hypophosphite market in Asia Pacific.

The growing industrialization has increased the amount of waste discharged in water bodies. Additionally, unregulated discharge of industrial and domestic contaminants into water bodies causes health problems in human beings and the destruction of aquatic life, thereby necessitating the use of water treatment chemicals. The polluted water further affects the use of water for drinking, recreation, household needs, transportation, and commerce.

Metals are one of the most common pollutants in wastewater. Humans can be exposed to these metals, which can cause health issues such as dysfunction of the kidney, liver, reproduction system, and central nervous system. Thus, the discharge of such wastewater needs to be controlled and monitored. Sodium hypophosphite is an effective reducing agent for the recovery of Ni, Cu, and Fe as for the study, 'The removal of Ni, Cu & Fe from a Mixed Metal System using Sodium Hypophosphite as a Reducing Agent' by Promise Sethembiso Ngema, Freeman Ntuli, and Mohamed Belaid. Thus, sodium hypophosphite holds high-growth prospects in the coming years in water treatment applications.

The key players in global sodium hypophosphite market include Arkema (France), Solvay SA (Belgium), Nippon Chemical Industrial Co., Ltd. (Japan), Sigma-Aldrich (US), Hubei Xingfa Chemicals Group Co., Ltd. (China ), Changshu New-Tech Chemicals Co., Ltd. (China), Jiangxi Fuerxin Medicine Chemical Co., Ltd. (China), Jiangsu Kangxiang Industrial Group Co., Ltd. (China), Hubei Lianxing Chemical Co., Ltd. (China), Jiangsu Danai Chemical Co., Ltd. (China), Hubei Sky Lake Chemical Co., Ltd. (China), and Huanggang Quanwang Chemical Co., Ltd. (China).

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Key questions addressed by the report:

• What are the new application areas the sodium hypophosphite companies are exploring?
• Which are the key players in the sodium hypophosphite market and how intense is the competition?
• What kind of competitors and stakeholders, such as electronics and automotive companies, would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
• How are the current R&D activities and M & A's in the sodium hypophosphite market projected to create a disrupting environment in the coming years?

NPK Fertilizers Market to Showcase Continued Growth in the Coming Years

The report " NPK fertilizers (feed-grade and food-grade) Market by Application (Bakery Products, Meat & Meat Products, Dairy Products, and Beverages), Form (Powder, Liquid, and Others), Type (Nitrogen, Phosphorus, Potassium , and Others), and Region-Global Forecast to 2023 ″, The NPK fertilizers (food-grade) market is estimated to be valued at USD 2.4 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 4.0% The market is driven by the rise in consumption of meat and dairy products and increasing time awareness about the quality of food products.

By form, powder form accounts for the largest market in the NPK fertilizers (food-grade) market during the forecast period

The NPK fertilizers (food-grade) market, by form, has been segmented into powder, liquid, and others. The market is estimated to be dominated by the powder segment in 2018 and is also projected to grow at the highest CAGR. Powdered NPK fertilizers (food-grade) have a longer shelf life compared to liquid NPK fertilizers (food-grade) and are also convenient to apply and transport. These factors drive the powder segment of NPK fertilizers (food-grade).

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By application, meat and meat products are expected to grow at the fastest rate during the forecast period.

Based on application, the NPK fertilizers (food-grade) market is segmented into dairy products, bakery products, meat & meat products, and beverages. The meat & meat products segment is estimated to dominate the market in 2018 owing to the increasing demand for processed and packed meat around the world, especially from developing countries such as India, China, and Brazil.

Asia Pacific is projected to be the fastest-growing market during the forecast period

The Asia Pacific market is expected to grow at the highest CAGR from 2018 to 2023. The high growth is attributed to the changing food consumption patterns owing to rising income and urbanization, especially in South Asian countries. Further, growth can be attributed to the increasing urbanization in the region, resulting in a growing demand for food security and quality food. Food manufacturers are expected to use NPK fertilizers (feed-grade and food-grade) as a substitute for regular additives due to their cost-effectiveness and to reduce the final cost of food products, as most countries in the region are price-sensitive.

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This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It consists of the profiles of leading manufacturers such as include Borealis AG (Austria), AkzoNobel (Netherlands), Yara International ASA (Norway), Petróleo Brasileiro SA (Brazil), and Agrium Inc. (Canada). Furthermore, The Mosaic Company (US), Israel Chemicals Ltd. (Israel), EuroChem (Switzerland), PotashCorp (Canda), K + S AKTIENGESELLSCHAFT (Germany), Alltech (US), PhosAgro (Russia), Haifa Chemicals (Israel) , Aditya Birla Chemicals (India), and SKW Stickstoffwerke Piesteritz (Germany) are the other players that hold a significant share in the NPK fertilizers (feed-grade and food-grade) market.

Key Questions addressed by the report:

• Where are the industry players positioned in the industry in terms of the micro quadrants?
• What are the major industry applications for the NPK fertilizers (food-grade) market?
• Which are the major factors expected to drive the market in the near future?
• Which region would offer a higher growth for the players in the market?
• Which type would see the largest market share in the market?

Animal Disinfectants Market: Growth Opportunities and Recent Developments

The report "Animal Disinfectants Market by Type (Iodine, Lactic Acid, Hydrogen peroxide, Phenolic Acid), Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy and Ruminants, Aquaculture), Form (Liquid, Dry), and Region - Global Forecast to 2025", The animal disinfectants market is projected to reach USD 4.4 billion by 2025 and was estimated at USD 2.9 billion in 2019, recording a CAGR of 6.9% from 2019. The major factors driving the animal disinfectants market include the increasing incidences of diseases in livestock. In addition, increasing introduction of regulations pertaining to animal hygiene across the globe reflects positively on the market growth.

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By form, the liquid segment is projected to hold the largest market share during the forecast period.

The liquid segment is projected to dominate the market as the liquid disinfectants are highly effective against different types of virulent compounds. Additionally, liquid disinfectants include a wide range of applications including footbaths, foot dips, foam-based sprays, aerial disinfection, and water-system disinfection procedures.

The dairy cleaning segment in the animal disinfectants market is projected to be the fastest-growing segment during the forecast period.
The dairy cleaning segment is projected to be the fastest-growing segment in the animal disinfectants market during the forecast period. This is attributed to dairy cleaning, which involves the removal of equipment and bedding before cleaning. The nature of the surfaces also influences the disinfection process. For instance, rough and porous surfaces are difficult to disinfect, in comparison to smooth surfaces. Both, the milking parlors and milking machines also need to be cleaned on a daily basis, due to which the segment is projected to account for the largest share in this market.

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Europe is projected to account for the largest share in the animal disinfectants market during the forecast period.

The European market accounted for the largest share in 2019; this market is majorly driven by France, which is a major market for animal disinfectants. France is among the leading producers of livestock in the European Union. According to the French Ministry of Agriculture, pasture lands account for 25% of the country’s land use and comprise 198,000 cattle farms and 250,000 livestock farms. France is a leading poultry and cattle producer in the EU and is the third-largest producer of swine and sheep in the region. These animals are distributed all over the country based on their conducive links to the diversity of French geographical, soil, and climate contexts, which differ between different parts of the country, making it one of the largest users of animal disinfectants.

Major vendors in the global animal disinfectants market are Neogen Corporation (US), GEA Group (Germany), Zoetis Inc. (US), Lanxees AG (Germany), Kersia Group (France), Virox Animal Health (US), CID Lines (Belgium), Theseo Group (France), Evans Vanodine (UK), Krka (Slovenia), Diversey Inc. (US), Evonik Industries (Germany), Fink-Tec GmbH (Germany), Laboratoire M2 (Canada), and DeLaval Inc. (Sweden).

Recent Developments:

• In May 2019, Lanxees gained approval for its products, VIRKON S and VIRKON LSP, from the Centre for Animal Health Research (CISA) in Madrid, Spain, by the EN 14675 test method, which was modified to enable testing against the ASF virus.
• Diversey achieved full BPR (Biocidal Product Regulation) approval for its Deosan line of iodine disinfectants across all the European Union members.
• Neogen’s Viroxide Super disinfectant gained DEFRA approval for Diseases of Poultry (DoP) orders; the classification under the UK’s general orders policy also meets with the requirements for the British Lion Quality mark for egg production and assured chicken production scheme for broiler flocks.
• In February 2019, the Kersia group launched a new chlorine-free wash system, which is designed to deliver optimum efficiency without the need for a chemical formulation.

Plasma Feed Market to Record Steady Growth by 2025

The report “Plasma Feed Market by Source (Porcine, Bovine, and Others), Application (Swine Feed, Pet Food, Aquafeed, and Others (Includes Ruminant and Poultry Feed)), Region (North America, Europe, Asia Pacific, and Rest of the World) – Global Forecast to 2025″, The plasma feed market is projected to reach USD 2.9 billion by 2025, from USD 2.1 billion in 2019, at a CAGR of 5.7% during the forecast period. The use of animal-derived plasma proteins as the replacement for antibiotics in feed drives the market for plasma feed.

Based on the source, the porcine segment is projected to be the larger contributor to the plasma feed market during the forecast period

The plasma feed market has been segmented, based on source, into porcine, bovine, and others, which includes sheep, goat, and poultry. The market for porcine plasma feed is projected to record a higher market share between 2019 and 2025. Porcine blood meal offers various health benefits to animals and is used significantly in poultry and porcine feed. For instance, as per the National Center for Biotechnology Information (NCBI), “pigs fed diets containing porcine plasma had greater average daily feed intake (ADFI) and average daily growth (ADG).”

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Plasma feed is projected to be used majorly in pet food during the forecast period

The major factor for the higher adoption of plasma feed in pet food is anticipated because the tendency of people to humanize pets and treat them like their family members has resulted in the high demand for better quality pet food. The trend for the use of natural and bioactive products is very prevalent in the pet food industry. This is attributed to factors such as the expansion of the pet population, customer attitudes toward their pets as companions or family. As per Darling Ingredients, one of the major brand engaged in the production of plasma feed products quoted that plasma protein is a natural and sustainable source for pet food. It has several advantages such as water binding capacity, emulsifying properties, and palatability, which in turn drives the market for plasma feed among pet food manufacturers.

The Asia Pacific is projected to dominate the plasma feed market by 2025.

The Asia Pacific accounted for the largest share in the global plasma feed market for in 2018, and the market is projected to grow at the highest CAGR during the forecast period. China is the major reason for the dominance of Asia Pacific in the global plasma feed market, wherein China is one of the largest consumer and producer of overall meat products. China accounted for the highest share in the number of pigs slaughtered in 2017, which makes it the dominant market for porcine-based plasma feed. The Asia Pacific region is projected to be the fastest-growing market for the period considered for this study. The region’s growing concentration of animal slaughtering and increased demand for animal-based food products poses a strong potential for plasma feed manufacturers.

This report includes a study of the development strategies, along with the product portfolios of leading companies such as Darling Ingredients Inc. (US), The Lauridsen Group Inc. (US), SARIA Group (Germany), Sera Scandia (Denmark), Lican Food (Chile), Puretein Agri LLC. (US), Veos Group (Belgium), Kraeber & Co Gmbh (Germany), Rocky Mountain Biologicals (US), Lihme Protein Solutions (Denmark), EcooFeed LLC (US), and FeedWorks (Australia).

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Critical questions the report answers:

• Where will all these developments take the industry in the mid-to-long term?
• What are the upcoming commercial prospects for the plasma feed market?
• What is the impact of high capital investment on the plasma feed market?
• What are the new technologies introduced in the plasma feed market?
• What are the latest trends in the plasma feed market?

Food Encapsulation Market to Record Steady Growth by 2025

The global food encapsulation market is estimated to account for USD 9.9 billion in 2020 and is projected to reach USD 14.1 billion by 2025, recording a CAGR of 7.5% during the forecast period. The market is primarily driven by the increasing use of encapsulated flavors in the food and beverage industry and the rising adoption of microencapsulation for functional ingredients.

The polysaccharides segment accounted for the largest share in the North American food encapsulation market in 2019.

The polysaccharides segment accounted for the largest market for shell material in 2018 and is projected to follow the same trend through 2025. Owing to their enormous molecular structure and ability to entrap bioactives, polysaccharides are considered the most-suitable building blocks for delivery systems. On the other hand, the market for the emulsifiers is projected to be the fastest-growing, owing to its ability to provide improved solubility and bioavailability.

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The demand for encapsulated vitamins and minerals to remain high during the forecast period.

Vitamins are functional ingredients that are used in food, owing to their specific nutritional properties for varied human body parts. Thus, targeted and controlled release of vitamins often becomes important when added as a food ingredient. Thus, encapsulation is majorly adopted for vitamins for its targeted effect. Also, flavor manufacturers have been adopting this technology at a rapid speed, and hence, the vitamins segment was closely followed by flavors in terms of dominance in the global market.

The physical method of encapsulation is estimated to dominate the market globally for the food industry in 2020.

Food encapsulation demand is targeted by a few ingredient manufacturing companies. With the use of advanced technology, the price of the ingredient rises, and hence, manufacturers prefer low cost-efficient encapsulation methods. Thus, the physical methods are the most in-demand for the encapsulation of food ingredients.

The food encapsulation market in the Asia Pacific region is projected to grow at the highest CAGR from 2019 to 2026.

Factors driving the growth of the Asia Pacific market include the increasing adoption of encapsulated flavors and colors in the beverage and premium food industry. With the rising awareness about the benefits of functional food and dietary supplements among consumers and rising disposable income, consumers have been willing to pay a premium price for value-added products. Thus, manufacturers have been grabbing this opportunity in countries such as China and India to expand their business in the encapsulation market. Also, small enterprises have been delivering generic encapsulated products in the market at competitive prices, which has been further boosting awareness.

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Many domestic and global players provide food encapsulation of various ingredients across the world. Few players offer encapsulated ingredients, while few companies offer encapsulation as an extended service for their clients. Major players have their presence in the North American and European countries. Key players operating in this market include FrieslandCampina (Netherlands), DSM (Netherlands), Ingredion Incorporated (US), Kerry Group (Ireland), Cargill (US), Lycored Group (Israel), Balchem Corporation (US), Firmenich Incorporated (Switzerland), BASF SE (Germany), International Flavors and Fragrances Inc. (US), DuPont (US), Symrise AG (Germany), Sensient Technologies Corporation (US), Aveka Group (US), Advanced Bionutrition Corp (US), Encapsys (US), Tastetech Encapsulation Solutions (UK), Sphera Encapsulation (Italy), Clextral (France), and Vitasquare (Netherlands).

Recent Developments:

• In July 2019, DSM (Netherlands) entered into a joint venture with Evonik (Germany) to produce encapsulated omega-3 fatty acids, reducing the pressure on fish stocks, and supporting the aquaculture industry.
• In May 2017, Lycored (Israel) entered into a joint venture with a biotechnology company, Algatechnologies (Israel), to distribute Algatech's AstaPure in the form of beadlets, which will help in increasing the brand's commercial reach for this product range in the North American market.
• In January 2017, DSM (Netherlands) launched a new product, MEG-3, with new encapsulation technology.

Upcoming Growth Trends in the Food & Beverage Metal Cans Market

The report "Food & Beverage Metal Cans Market by Material (Aluminum and Steel), Type (2-Piece and 3-Piece), Degree of Internal Pressure (Pressurized Cans and Vacuum Cans), Application (Food and Beverages), and Region - Global Forecast to 2025",  According to MarketsandMarkets, the food & beverage metal cans market is estimated to be valued at USD 27.6 billion in 2020 and is projected to reach USD 37.0 billion by 2025, recording a CAGR of 6.1%. The rapid growth in awareness toward environmental sustainability and recyclable properties of metal cans are the driving factors for the food & beverage metal cans market. 

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By material, the aluminum segment is projected to account for the larger share in the food & beverage metal cans market

The aluminum segment is projected to dominate the market, on the basis of material, during the forecast period. This is attributed to the cost-effectiveness and recycling rates of aluminum. Increasing the use of metal packaging for food & beverages packaging provides a sustainable and environment-friendly solution for packaging in multiple applications. Aluminum cans are convenient to keep in refrigerators and ovens. Changes in consumer preferences are observed for food & beverage packaging. According to the Environmental Protection Agency of the United States (EPA), 1.9 million tons of aluminum packaging was generated for beers and soft drink cans, and 49.2% of aluminum beverage cans were recycled. The metal packaging for the food industry is considered to be safe, which is one of the major factors to support its growth in the market.

By application, the beverages segment accounted for the larger size in the food & beverage metal cans market during the forecast period

Based on the application, the food & beverage metal cans market is segmented into food and beverages. The beverage cans are estimated to account for the larger share, because of the high consumption of carbonated, non-carbonated, and sports & energy drinks. The rise in the consumption of alcoholic beverages leads to the growth of beverage cans market. Moreover, changes in consumer trends toward healthy drinks are driving the market for metal cans during the forecast period.

The Asia Pacific region is projected to witness the fastest growth during the forecast period

The Asia Pacific food & beverage metal cans market is projected to have higher growth potential in the coming years. A large consumer market and increasing disposable income in India and China are driving the growth of the demand for high-quality metal packaging. Also, China is the hub for the manufacture of metal cans and has sufficient manufacturing plants to meet the demand for food & beverage metal packaging. Moreover, rapid urbanization in countries such as India and China are expected to result in high growth of the food & beverage metal cans market in Southeast Asia during the forecast period.

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This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies such as Crown Holdings, Inc (US), Ball Corporation (US), Silgan Holdings Inc. (US), Ardagh Group (Luxembourg), CAN-PACK S.A. (Poland), Kian Joo Group (Malaysia), CPMC Holdings Limited (China), Huber Packaging Group GmbH (Germany), CCL Industries (US), Toyo Seikan Group Holdings Ltd (Japan), Universal Can Corporation (Japan), Independent Can Company (US), Mauser Packaging Solution LLC (Germany), Visy (Australia), Lageen Food Packaging (Israel), Massilly Holding S.A.S (France), P. Wilkinson Containers Ltd. (UK), Unimpack (Netherlands), Müller und Bauer GmbH (Germany), and Allied Cans (Canada).

Recent Developments:

• In April 2019, Crown Holdings, Inc. announced the launch of round and square shorter cans in the luxury packaging market. This will help the company to broaden its product portfolio.
• In August 2019, Ball Corporation signed an agreement to sell its tinplate steel aerosol packaging facilities to Envases del Plata (Argentina), an Argentinian metal packaging company. This agreement will help the company to expand its reach in the South American region.
• In October 2019, Ball Corporation announced the construction of its new aluminum cups manufacturing plant in Rome, Georgia to cater to the growing demand for beverage packaging in the US. This new plant will help the company expand its presence in the US region.
• In July 2019, Ardagh Group launched a slimline 187 ml can particularly designed for protecting wine and wine-based drinks. This launch would help the company to expand its product portfolio.