Sustainable Growth Opportunities in the Slaughtering Equipment Market

The global slaughtering equipment market is estimated at USD 6.62 Billion in 2018 and is projected to reach USD 8.28 Billion by 2023, at a CAGR of 4.56% during the forecast period. The market is driven by factors such as the growth of fast food and restaurant chains; increase in demand for processed food; lenient trade policies & increase in meat exports; and technological advancements in the slaughtering equipment industry. The mechanization and automation of processes have become a necessity in order to maintain standard cut-up size and identical fillet size, which are a pre-requisite in the fast food and restaurant businesses. Moreover, slaughtering equipment manufacturers and meat processing companies are collaborating for enhanced technological advancements, thereby driving the growth of the slaughtering equipment market.

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Based on livestock, the slaughtering equipment market has been segmented into poultry, swine, bovine, seafood, and others, which include ovine and caprine. The poultry segment dominated the global market for slaughtering equipment in 2017, and this trend is expected to continue through the forecast period. The demand for poultry has been growing significantly worldwide, which led to an increase in demand for poultry slaughtering equipment such as killing, cut-up, deboning & skinning, and evisceration equipment. Most large-scale poultry meat producers use automated poultry slaughtering line for high capacity production.

On the basis of automation, the slaughtering equipment market has been segmented into fully automated line and semi-automated line. The semi-automated line method segment dominated the global market for slaughtering equipment in 2017. Semi-automatic slaughtering lines consist of some automatic machines as well as manual labor-oriented processes during slaughtering. Semi-automated lines have lower initial investments and require low maintenance costs, which are its main advantages over automated slaughtering equipment.

The Asia Pacific region witnesses a high consumption of meat in urban areas; the increase in demand for processed meat products drives the growth of the market for slaughtering equipment in the region. The market for slaughtering equipment in the Asia Pacific region is projected to be the fastest-growing globally, as economic growth and rapid urbanization increased the demand for slaughtering equipment among meat producers to meet the increasing demand of meat products in the region.

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The key players in the global slaughtering equipment market include Marel (Iceland), BADDER Group (Denmark), BAYLE SA (France), Prime Equipment Group (US), CTB (US), Brower Equipment (US), Jarvis Equipment (India), Industries Riopel (Canada), ASENA (Azerbaijan), Dhopeshwar Engineering Private Limited (India), Meatek Food Machineries (India), BANSS (Germany), Limos (Slovenia), Best & Donovan (US), and Blasau (Spain).

Targeted Audience: 

• Raw material suppliers
• Traders and distributors of feed processing equipment
• Feed processing equipment manufacturers
• Regulatory bodies
• Intermediary suppliers
• Feed manufacturers
• Trade associations and industry bodies
• Government and research organizations

Dairy Testing Market Projected to Garner Significant Revenues by 2022

The report “Dairy Testing Market by Type (Safety (Pathogens, Adulterants, Pesticides), Quality), Technology (Traditional, Rapid), Product (Milk & Milk Powder, Cheese, Butter & Spreads, Infant Foods, Ice Cream & Desserts, Yogurt), and Region – Forecast to 2022″, The dairy testing market is projected to reach USD 5.90 Billion by 2022 from USD 4.13 Billion in 2017, at a CAGR of 7.4% from 2017. The market is driven by the increase in outbreaks of foodborne illnesses, globalization of dairy trade, and stringent safety & quality regulations for food. Lack of coordination among market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing economies are the major restraints for this market.

The dairy testing market, based on type, has been segmented into safety testing & quality analysis. The safety testing segment dominated this market in 2016 and is also projected to be fastest-growing during the forecast period. This is attributable to the significant emphasis being laid on safety testing of food output with regulatory authorities focusing on addressing regulatory loopholes, preventing adulteration, malpractices, and labeling mandates.

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The dairy testing market, by technology, has been segmented into traditional and rapid. The rapid technology segment dominated the market in 2016 and is projected to be the fastest growing by 2022. Low turnaround time, higher accuracy, sensitivity, and the ability to test a wide range of contaminants in comparison to traditional technology are the reasons for the growth of the rapid technology segment.

The dairy testing market, by product, has been segmented into milk & milk powder, cheese butter & spreads, infant food, ice cream & desserts, yoghurt, and others. The milk & milk powder dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to economically motivated adulteration, poor hygiene of storage, faulty supply chains, and contaminated equipment, which have led to milk being contaminated, which upon consumption can cause serious health problems to humans.

The market in the Asia Pacific region is driven by the growing consumer awareness and increasing health consciousness coupled with growing investments by testing companies in the region. Also, Asia Pacific is home to major dairy producing countries such as China, Australia & New Zealand, and India as these countries are becoming more aware of food safety and are implementing regulations for their testing.

This report includes a study of marketing and development strategies, along with the service portfolios of leading companies. It also includes the profiles of leading companies such as SGS, Bureau Veritas, Intertek, Eurofins, TÜV SÜD, and ALS Limited, among others.

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Target Audience:

• Manufacturers, importers & exporters, traders, distributors, and suppliers of dairy testing kits, equipment, reagents, chemicals, and other related consumables
• Dairy testing service providers
• Dairy producers, processors, and manufacturers of dairy products
• Government and research organizations
• Trade associations and industry bodies
• Regulatory bodies such as the Food and Drug Organization (FDA), European Food Safety Authority (EFSA), Food Standards Australia New Zealand (FSANZ), and Food Safety Commission of Japan

Biofortification Market to Record Steady Growth by 2023

 The report “Biofortification Market by Crop (Sweet Potato, Cassava, Rice, Corn, Wheat, Beans, and Pearl Millet), Target Nutrient (Zinc, Iron, and Vitamins), and Region (Latin America, Africa, and Asia Pacific) – Global Forecast to 2023 “, is estimated at USD 78 million in 2018, and it is projected to grow at a CAGR of 8.6% from 2018 to reach USD 118 million by 2023. Biofortified crops are usually sweet potato, cassava, rice, corn, wheat, beans, pearl millet, and other crops such as tomato, banana, sorghum, and barley. The growth of the biofortification market is driven by the rising demand for high nutritional content in food.

By crop, the biofortified sweet potato is projected to dominate the biofortification market during the forecast period.

The sweet potato segment is estimated to hold the largest share of the biofortified crop market in 2018. The demand for biofortified crops such as sweet potato and cassava has increased with the rising technological advancements to increase the nutrient content, particularly in orange-fleshed sweet potato (OFSP). Sweet potato has been an important source of energy in the human diet for centuries owing to its high carbohydrate content. However, its vitamin A content from carotene only became recognized over the past century. Using biofortification, sweet potato breeding in Africa is focused on higher yields, sweeter taste, and higher dry matter, which increase its carotene concentration.

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By target nutrient, the vitamins segment is projected to be the fastest-growing segment in the biofortification market during the forecast period.

On the basis of target nutrient, the biofortification market is segmented into iron, zinc, vitamins, and others. The vitamins segment is the fastest-growing target nutrient in the biofortification market from 2018 to 2023. The demand for biofortified crops is increasing due to the increasing demand for high nutrient content in food. The rising demand for vitamins as feed additives or in premixes from the animal nutrition industry and the increasing demand for high-quality meat products have also been essential factors responsible for the increase in the demand for vitamins across the world.

Asia Pacific to be the dominant region in the biofortification market in 2018

The Asia Pacific is the dominant region in the biofortification market. Biofortification of crops has strong growth potential in agriculture, and it also improves the nutrition content in food. The biofortification market has grown considerably over the last five years, and this trend is expected to continue in the near future. The growing consumer demand for high nutritional content in food is projected to fuel the demand for biofortified crops, globally. Since the last decade, many countries in the Asia Pacific region have banned the usage of GM technology, and the researchers are opting to adopt biofortified crops as a key to unlock the region’s food production.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the biofortification market. It also includes the profiles of leading companies such as Bayer (Germany), Syngenta (Switzerland), Monsanto (US), and DowDuPont (US).

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Key Questions Addressed by the Report:

• What are the new target nutrients areas, which the biofortification companies are exploring?
• Which are the key players in the market and how intense is the competition?
• What kind of competitors and stakeholders such as biofortification companies, would be interested in this market? What will be their go-to strategy for this market and which emerging market will be of significant interest?
• How are the current R&D activities and M&As for biofortified crop industry projected to create a disruptive environment in the coming years for the agricultural sector?
• What will be the level of impact on the revenues of stakeholders through the benefits of nanotechnology to different stakeholders‒‒from rising farmer revenue to environmental regulatory compliance to sustainable profits for the suppliers?

Sustainable Growth Opportunities in the Feed Packaging Market

 The feed packaging market is further bifurcated into pet food and livestock feed packaging. The market for feed packaging is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This is attributed to the feeding of traditional dry farms leftover to the livestock in the developing regions. However, with the growing demand for quality livestock products and the increasing production of feed and feed additives, this market is expected to grow at a higher rate in the coming years.

Report Objectives:

• Determining and projecting the size of the feed packaging market with respect to livestock, pet, type, material, feed type, and regional markets, over a five-year period ranging from 2018 to 2023
• Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• Analyzing the micro-markets with respect to individual growth trends, future prospects, and their contribution to the total market
• Identifying and profiling key market players in the livestock feed and pet food packaging markets

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The plastic segment is projected to grow at the highest CAGR in the global feed packaging market during the forecast period.

The feed packaging (for pets) market has been segmented, on the basis of material, into 4major categories: plastic, paper & paperboards, metals, and others. The market for plastics is driven by advancements such as usage of decomposable and biodegradable plastic in plastic packaging and the growing demand for attractive and see-through packaging for pet food.

The feed packaging (for livestock) market has been segmented, on the basis of material, into 4 major categories: plastic, paper, jute, and others. Plastic packaging is relatively affordable, reusable, convenient, and prevents feed from spoilage. Furthermore, plastic is durable, tensile, and can take any shape or size. It is the most appropriate form of material and helps to retain shelf life extension of feed without degrading its texture and taste.

The plastic segment, by material, is projected to grow at the highest rate during the forecast period.

The plastic is among the most used material in the feed packaging market for both pets and livestock. This is owing to the increasing demand for convenient packaging, online pet food shopping, the rise in consumption of single-serve pet food, growing consumption on compound feed along with wet feed additives. The flexible packaging type, wherein the plastic material is highly used, has been playing the major role in the feed packaging market. Further, advancements in the packaging industry-for instance, the usage of decomposable and biodegradable plastic materials and the adoption of recyclable and reusable packaging-are driving the growth of this market. Moreover, compared to other materials, plastic is more durable, tensile, and can take any shape or size. These factors have boosted the growth of the feed packaging market.

The key markets such as the US have been witnessing an increase in the number of pet dogs. Similarly, in growing markets such as India, pet dog population has grown significantly in the last ten years and is further expected to grow in the coming five to six years. Additionally, pets are being treated as companions in the majority of households in the developed countries. This trend has also been growing in developing countries like Brazil, China, India, and Thailand. This has further stimulated pet owners to spend more on premium pet foods. Such positive trends in pet dog food demand are expected to drive the feed packaging market for dogs.

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North America is projected to hold the largest market share in the feed packaging (for pets) market during the forecast period.

North America is estimated to account for the largest share of the market in 2018. The region is considered the most advanced, in terms of pet adoption and packaging technology. The market for feed packaging (for pets) in this region is mainly driven by high pet ownership, premiumization, the proliferation of innovations, and the introduction of a variety of packaging types for pet food. Increasing demand for premium pet food with high nutritional value, along with pet food safety concerns among pet owners, has helped to improve the quality standards of packaging and labeling in the region, thereby propelling the market growth for pet food packaging.

Major vendors in the feed packaging market include LC Packaging (the Netherlands), El Dorado Packaging, Inc. (US), NPP Group Limited (Ireland), Plasteuropa Group (UK), NYP Corp. (US), ABC Packaging Direct (US), Shenzhen Longma Industrial Co., Limited (China), Amcor Limited (Australia), Mondi Group (Austria), ProAmpac (US), Sonoco Products Company (US), Winpak Ltd., (Canada), NNZ Group (the Netherlands), Constantia Flexible Group (Austria), and Huhtamäki Oyj (Finland).

Recent Developments:

• In August 2018, ProAmpac was awarded a Level-2 Food Safety Management Certification by the Safe Quality Food (SQF) Institute for its facility in Auburn, Washington, US.
• In June 2018, ProAmpac announced a launch of the no.2 Quadflex Pouch. This new pouch will provide synergies to its sustainable packaging solution for pet foods such as cereals and pet treats.
• In January 2018, Huhtamaki expanded its paper bag manufacturing operations in Poland by establishing a joint venture with Smith Anderson Group Limited (UK). Smith Anderson Group Limited is one of Europe's leading paper bag suppliers.

Food-Grade Gases Market: Growth Opportunities and Recent Developments

The report "Food-Grade Gases Market by Type (Carbon Dioxide, Nitrogen, Oxygen), Application (Freezing & Chilling, Packaging, Carbonation), End-Use (Dairy & Frozen Products, Beverages, Meat, Poultry & Seafood), and Region - Global Forecast to 2025", is estimated to be valued at USD 6.7 billion in 2020 and is projected to reach USD 9.3 billion by 2025, at a CAGR of 6.7% from 2020 to 2025. Shifting consumer preferences toward convenient food packaging owing to their on-the-go lifestyles and the growing number of microbreweries across all regions are some of the factors driving the growth of the food-grade gases market.

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Opportunities: Increasing Number of New Food & Beverage Product Developments

Consumers are increasingly demanding food products that are healthy, convenient, natural, and sustainable. This has forced food and beverage manufacturers to formulate new and innovative products accordingly. New products, new variety line extensions, new packaging, and new formulations are the marketing strategies adopted by food & beverage manufacturers. As new products are increasingly being launched, the need for packaging and storage of these products increases. The use of food-grade gases will serve as a significant opportunity for manufacturers. 

Challenges: Safe & Proper Handling of Food-grade gases

Food-grade gases must be controlled and readily available at the point of use, and the means of delivery is critically important to ensure system compatibility and safe transportation. A variety of storage containers are used for this purpose such as bulk containers, cryogenic cylinders, gas cylinders, and glass bottles. All the storage containers require safe and proper handling of the stored gases is essential. This is a major challenge faced by food-grade gases manufacturers, in order to prevent hazard and environment risks associated with these food-grade gases.

By mode of supply, the bulk segment is projected to record faster growth during the forecast period

Based on the volume required by end-users, the gases are either supplied in bulk or cylinder. Companies that require large volumes of gases opt for bulk supplies for easy transportation and storage. On the other hand, companies that require lesser volumes of gases generally opt for gases in cylinders. Owing to the factors such as ease of handling, transportation, and storage, the bulk mode of supply is projected to register a higher CAGR during the forecast period.

North America is estimated to dominate the food-grade gases market, in terms of value, in 2020

The microbrewery culture is also on the rise in the North American market. There are multiple microbreweries present in the region. These microbreweries require carbon dioxide for beer dispensing. Also, the North American soft drinks market is one of the largest, with the presence of all the big brands such as Coca-Cola and PepsiCo. The soft drinks industry is one of the largest users of food-grade carbon dioxide for the carbonation of beverages.

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The large beverage industry and rising trends of microbreweries create a huge demand for carbon dioxide in the North American region, with the US being the largest and fastest growing market. Also, because of the presence of highly organized retail chains and cold chain infrastructure, the North American market holds the largest market share in the food-grade gases market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as The Linde Group (Germany), Air Products & Chemicals (US), Air Liquide (France), The Messer Group (Germany), Taiyo Nippon Sanso (Japan), Wesfarmers Ltd. (Australia), SOL Group (Italy), Gulf Cryo (Kuwait), Air Water, Inc. (Japan), Massy Group (Caribbean), PT Aneka Industri (Indonesia), National Gases Limited (Pakistan), SIAD (Italy), Cryogenic Gases (US), Les Gaz Industriels Ltd. (East Africa), Aditya Air Products (India), Sidewinder Dry Ice & Gas (South Africa), Axcel Gases (India), Chengdu Taiyu Industrial Gases Co., Ltd (China), Yingde Gas Group Ltd (China), Siddhi Vinayak Industrial Gases Pvt Ltd (India), American Welding & Gas (US), Ijsbariek Strombeek N.V (Belgium), Air Source Industries (US), and Purity Cylinder Gases Inc. (US).

Key Trends Shaping the Rodenticides Market

The report “Rodenticides Market by Type (Non-Anticoagulants, Anticoagulants (FGAR, SGAR)), End-Use Sector (Agricultural Fields, Warehouses, Urban Centers (Residential, Commercial)), Mode of Application (Pellets, Sprays, Powders), and Region – Global Forecast to 2025″, is projected to reach USD 5.9 billion by 2025, from USD 4.7 billion in 2019, at a CAGR of 3.7% during the forecast period. The market is driven by factors such as urbanization and industrialization, along with public awareness about chemical-based rodenticides.

Opportunity: Development of non-toxic and third generation anticoagulants

Chemicals that have toxic effects are used to eliminate pests. However, these chemicals, when used in excess, can be toxic to other animals as well. Rodenticides can enter the food environment (right from agricultural farms to storage), and when consumed repeatedly, may accumulate to reach a toxic level in larger animals. Pets and wildlife can get poisoned directly by bait or indirectly through the consumption of poisoned rodents. Almost all rodenticides are synthetic, but there are also non-toxic, natural rodenticides that are cellulose-based. Presently, natural rodenticides are witnessing growth in the market due to the increasing safety concerns among consumers. For example, BIORAT is a natural rodenticide which is highly effective against rats and mice. In order to resolve the issue of the negative impact of toxic rodenticides, Biological Pharmaceutical Laboratories of Cuba developed BIORAT, which is based on a rat-specific pathogen. The product has successfully been marketed in 22 countries of Latin America, Africa, Asia, and Europe.

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By type, the anticoagulant segment is expected to hold the largest market share during the forecast period

The rodenticides market has been segmented on the basis of types into non-anticoagulant and anticoagulant. The market for anticoagulant rodenticides is projected to record the highest market share between 2019 and 2025. Anticoagulant rodenticides are of lethal doses that kill rodents in a single dose or multiple doses. These rodenticides block the activity of the vitamin K cycle, resulting in the inability to produce blood clotting factors—prothrombin and proconvertin; this leads to internal bleeding and death of the animal. Anticoagulants act relatively slowly, when compared to the most acute rodenticides.

By mode of application, the pellets segment is expected to hold the largest market share during the forecast period

The rodenticides market has been segmented on the basis of mode of application into pellets, sprays, and powder. Pellets are the particles usually prepared by the compression of original materials. In terms of rodenticides, pellets are used with the baits for attracting the rodents. Rodenticides under pellets are available in various forms such as grains and wax blocks which makes it very easier to coat with any of the baits.

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North America to account for the largest market size during the forecast period.

The North American rodenticides market is projected to be the largest between 2019 and 2025, while the Asia Pacific market is projected to grow at the highest CAGR. Strengthening of the housing industry and a steadily improving economy has been driving the overall pest control market, and thereby has been boosting the rodenticides market as well. Rodent is a major concern among all the pests in the US, and according to the Washington Post Company LLC (US), there were about 2 million New York City rats in 2014. According to the US Census Bureau and the US Department of Housing and Urban Development, nearly 667,000 new single-family houses were sold in February 2019, compared to 588,000 new single-family houses in December 2018. Thus, with the increasing number of new houses, the demand for rodent control products and services is also projected to increase during the forecast period.

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 rodenticides market. It consists of the profiles of leading companies such as Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Rentokil Initial Plc (UK), Ecolab Inc (US), Rollins Inc (US), UPL Limited (India), Anticimex (Sweden), The Terminix International Company (US), Liphatech Inc (US), Neogen Corporation (US), PelGar International (UK), Bell Laboratories Inc (US), JT Eaton (US), Truly Nolen (US), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech Inc (US), Bioguard Pest Solutions (US) and Impex Europa S.L (Spain).

Key Trends Shaping the Deodorization Systems Market

 The deodorization systems market is estimated to account for a value of USD 3.4 billion in 2018 and is projected to grow at a CAGR of 4.9% from 2018, to reach a value of USD 4.3 billion by 2023. Growing industrialization and rapid urbanization, growth in the oil industry, and growing demand for higher nutritional value in edible oil are some of the factors driving the growth of the deodorization systems market.

By technology, the packed column segment is projected to be the fastest-growing segment in the deodorization systems market during the forecast period. 

The packed column segment in the deodorization systems market is projected to be the fastest-growing segment as packed column technology employs a dual temperature system, which allows the deodorizer to operate in two different temperatures. This enables the system to achieve a better balance in terms of the residence time for deodorization, thereby allowing the deodorization equipment to process edible oils at various temperature and pressure requirements.

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By refining method, the chemical refining segment is projected to dominate the deodorization systems during the forecast period. 

The chemical refining segment is projected to hold the largest market share in the deodorization systems during the forecast period as it is relatively an efficient method for reducing the fatty acid content in the crude oil with higher boiling point. This method is used in order to treat the oil with high free fatty acid content.

Middle East & Africa is projected to grow at the highest CAGR of 5.7% during the forecast period

Middle East & Africa provides the highest potential for growth due to rise in developments in deodorization equipment & technology and increased industrial activities in this region. In South Africa, the increasing number of edible oil refineries is a major factor for the growth of this industry. Easing regulations from the government and improvements in cultivation policies are expected to have a profound impact on the deodorization systems market in this region. In Middle Eastern countries, the edible oil refineries and deodorization columns are being installed as a result of foreign collaborations and local partnerships, undertaken in an effort to reduce costs and scale up production. These all factors are resulting in higher growth in the deodorization systems market in this region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the deodorization systems market and offering various deodorization solutions. It includes the profiles of leading companies such as Alfa Laval AB (Sweden), Desmet Ballestra (Belgium), Crown Iron Works (US), Compro International (Canada), Zhengzhou Sunshine Machinery Co. Inc. (China), Luohe Zhonzhiyuan Grains & Oil Machinery Co. Inc (China), Myande Group (China), Goyum Screw Press Pvt. Ltd. (India), HUM Oil and Fat Technologies (Turkey), Andreotti Impianti S.p.A (Italy), DVC Process Technologists Pvt. Ltd. (India), and Gianazza International S.p.A. (Italy).

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Recent Developments:

• In May 2018, Myande Group launched a 3D design application for its oil and fat engineering products, which included all technologies and derivatives associated with the market. The launch of 3D design applications would ensure a faster and more accurate design process aimed toward eliminating any design errors and improving client interaction to ensure smoother workflow, observe dynamic changes, and highlight future problems.
• In April 2018, Desmet Ballestra announced its plan to invest in the R&D department to develop new sustainable processes, optimize designs & yields, improve health & safety standards, and test new customer applications.
• In April 2018, Alfa Laval launched a new series of products for oilseed processing. The new products launched by the company included an enzymatic degumming biological catalyst aimed at improving oil recovery and enhancing efficiency in the process.