Tuesday, October 20, 2020

Factors Driving the Food Processing & Handling Equipment Market

 The report "Food Processing & Handling Equipment Market by Type (Food Processing Equipment, Food Packaging Equipment, and Food Service Equipment), Application, Form (Solid, Liquid, and Semi-Solid), and Region - Global Forecast to 2025", The global food processing & handling equipment market is estimated to be valued at USD 137.2 billion in 2019 and is projected to reach USD 196.6 billion by 2025, growing at a CAGR of 6.2%. Advancements in the food processing & packaging equipment industry, innovation in processing technology, and continuous growth in the demand for processed food are some factors that are expected to support the growth of the food & beverage processing equipment market. With the growing preference for healthy food and functional foods, manufacturers are expected to adopt new equipment to fulfill the demand for healthy functional foods & beverages. The expansion of food manufacturing capacities and growth of the food processing industry in emerging economies are also expected to support the growth of the food processing & handling equipment market.

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The food processing equipment segment is estimated to dominate the global market in 2019.

By equipment type, the market was dominated by the food processing equipment segment in 2018, in terms of value. Food companies are focusing on product innovations and providing efficient and advanced technologies to food producers who are demanding operationally advanced machinery to cater to the growing demand from the food industry. New technologies such as non-thermal processing are also being developed to support the manufacturing process by reducing production time, ingredient & food waste, and overall cost. The growing health awareness is driving the demand for healthy and convenience food products, which is also expected to drive the food processing & handling market in the food industry.

The bakery & confectionery products segment is estimated to account for the largest share in the market in 2019.

By application, the bakery & confectionery products segment is estimated to account for the largest share in the food processing & handling equipment market in 2019. Processing equipment such as industrial ovens, molders, formers, mixers, blenders, and cutters form an integral part of bakery & confectionery products manufacturing, and their high demand is mainly due to the highly fragmented bakery & confectionery market and high prevalence and demand for these products in both developed and developing countries. The demand for ultra-processed bakery products is high in developed countries such as the UK, Germany, the US, Canada, and Spain. These countries represent an established bakery industry and are experiencing a rise in the popularity of premium and innovative bakery products such as pastries, glazed & chocolate coated donuts, sugar & chocolate coated cookies, and chocolate pies. Such countries are focused on the production of bakery items to meet the increasing demand. This demand for bakery products is facilitating the increasing use of bakery processing equipment.

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Asia Pacific is estimated to dominate the food processing & handling equipment market in 2019.

Asia Pacific is estimated to account for the largest market share in the food processing & handling equipment market in 2019. Key factors such as industrialization, growing middle-class population, rising disposable income, changing lifestyles, and the rising consumption of processing and packaged products are expected to drive the demand for food processing & handling equipment market during the forecast period. The increasing disposable incomes, growing population, busy lifestyles, and shift in the focus toward convenience foods and instantly processed foods are some of the key trends influencing the growth of the food processing & handling equipment market in Asia Pacific. As a result, the next few years is likely to see continued growth in the sector’s performance.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the food processing & handling equipment market. The key players in the food processing & handling equipment market include GEA (Germany), Buhler Ag (Switzerland), Alfa Laval (Sweden), JBT Corporation (US), SPX FLOW (US), Robert Bosch (Germany), IMA Group (Italy), Middleby Corporation (US), and Dover Corporation (US), Robert Bosch (Germany), IMA Group (Italy), Tetra Laval (Switzerland), Multivac (Germany), Middleby Corporation (US), Welbilt, Inc. (US), and Electrolux (Sweden).

Recent Developments:

  1. In May 2019, GEA launched a new SmartPacker CX400 packaging machine, which has induction sealing capabilities for meat and poultry manufacturers. In April 2019, GEA also launched CALLIFREEZE system for the GEA S-Tec spiral freezer in the Asian market. This product would help GEA’s customers to meet their Industry 4.0 strategy requirements.

  2. In May 2019, Bosch Packaging Technology, a subsidiary of Bosch, launched the Pack 403, a fully-automated, narrow horizontal flow wrapper in the European and Asian markets. The company has been continuously developing innovative products according to the customers’ demands.

  3. In April 2019, Tetra Pak launched a connected packaging platform; this would transform juice and milk cartons into interactive information channels, digital tools, and full-scale data carriers.

Latest Regulatory Trends Impacting the Plant-based Meat Market

 The report "Plant-based Meat Market by Source (Soy, Wheat, Pea, Quinoa, Oats, Beans, Nuts), Product (Burger Patties, Sausages, Strips & Nuggets, Meatballs), Type (Pork, Beef, Chicken, Fish), Process, and Region - Global Forecast to 2025", The market for plant-based meat is projected to grow at a CAGR of 15.0% from 2019 to 2025, to reach USD 27.9 billion by 2025. The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources, boosting the sales of plant-based meat products. The market for plant-based meat has been gaining attention from business giants such as Bill Gates. Major food companies such as Tyson Foods (US) and Cargill, Incorporated (US) are investing in start-ups offering plant-based meat products. These factors are expected to open new opportunities for the growth of the global plant-based meat market in the coming years.

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By source, the soy segment is projected to dominate the plant-based meat market during the forecast period.

By source, the plant-based meat market is segmented into soy, wheat, pea, and others (quinoa, oats, beans, and seeds). Soy is widely used as a base ingredient for plant-based pork, beef, and chicken products, owing to its high protein content and meat-like texture. The growing health concerns associated with the consumption of animal protein-sourced foods and adoption of flexitarian and vegetarian diets are expected to drive consumption of soy as a source in the global market. Impossible Foods offers soy-based burgers and is backed by a strong distribution network in the US. In January 2019, the company launched an upgraded version of its burger, which would have 30% less sodium and 40% less saturated fat.

By type, the chicken segment is projected to dominate the plant-based meat market during the forecast period.

Various sausages, nuggets, strips, and burgers have chicken as their major meat ingredient. Chicken flesh and eggs are loaded with animal protein, fats, and cholesterol. On the other hand, the protein content in plant-based meat chicken products is about the same while the other nutrients may vary. Beyond Meat’s (US) plant-based burger includes ingredients such as pea protein and canola oil. Impossible Food’s (US) patties contain soy protein and coconut oil to replicate the taste of chicken.

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The North American region is projected to account for the largest market share during the forecast period.

The North American plant-based meat market is projected to account for the largest share by 2025. There are various on-going developments in the region in terms of expansion and new product launches. For instance, in 2018, Alpha Foods (US) had its plant-based meat products available in over 5,000 stores in the US. Apart from this, in Canada, the plant-based meat is an emerging area, with consumers willing to add plant-based foods owing to the health concerns related to the consumption of animal protein products. Furthermore, according to Google Canada, the phrase “plant-based diet” was a top search in their “Kitchen” category in 2017. In March 2018, the government of Canada announced an investment of USD 150 million for the country’s plant protein industry. In Mexico, as well, there is a rise of vegan and vegetarian eating; the consumers in the region are opting for meatless versions of their popular traditional cuisines such as tacos. Companies, both start-ups and established companies, are entering the market. These companies are expanding their presence by forming partnerships with retail chains or restaurants for the distribution of plant-based meat products. Apart from this, consumers in the region are adapting flexitarian diets. These factors are expected to drive the plant-based meat market in the region.

This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the plant based meat market. It includes the profiles of leading companies such as Impossible Foods (US), Garden Protein International (US), Beyond Meat (US), Morningstar Farms (US), Amy’s Kitchen (US), Quorn Foods (UK), Maple Leaf Foods (Canada), Tofurky (US), the Vegetarian Butcher (The Netherlands), Sunfed (New Zealand), VBites (UK), and Gold&Green Foods (US).

Latest Innovation in Global Blood Meal Market by 2025

 The blood meal market is estimated to account for a value of USD 1.8 billion in 2019 and is projected to grow at a CAGR of 3.0% from 2019, to reach a value of USD 2.1 billion by 2025. The rise in disposable incomes, urbanization, and increased demand for animal proteins in the Asia Pacific countries is projected to drive the blood meal market in the coming years. In addition, increasing consumption of livestock products such as meat, eggs, and milk in the US, is projected to drive the blood meal market in North America.

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

Poultry blood is one of the most preferred raw materials that is used for the production of blood meal. By source, the poultry feed segment is the largest segment in the global blood meal market, in terms of volume. Consumption of poultry blood is increasing in the emerging countries of the Asia Pacific and South America. This is projected to increase the number of animal slaughter in these regions, thus increasing the blood meal production in these regions.

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

Blood meal is high in crude protein and is commonly used as a protein source in diets for porcine. In growing pigs, blood meal partially replaces soybean meal in maize- and soybean-based diets. Feeding growing pigs with fermented blood meal, in combination with molasses, allows the same feed intake, growth, and feed conversion efficiency as soybean meal. Dried blood meal is commonly used as a high-quality protein source in nursery pig diets. Thus, the porcine feed segment in the blood meal market is projected to record the fastest growth during the forecast period.

The expansion of the feed industry due to the rise in population is projected to drive the blood meal market in Asia Pacific

The Asia Pacific blood meal market is driven by the increase in disposable incomes, rise in urbanization, and expansion of the feed industry. The Asia Pacific region witnesses the presence of major revenue generating countries such as China and Vietnam. These countries witness high consumption of meat products such as pork and are ranked among the largest producers of feed at a global level. These factors are projected to drive the blood mal market in the coming years in the region.

Key players identified in this market include Darling Ingredients Inc (US), Terramar (Chile), Valley proteins Inc. (US), West Coast Reduction Ltd. (US), and Allana Group (India). These companies have a strong presence in North America and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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Key questions addressed by the report:

  • What are the new application areas for blood meal that companies are exploring?
  • Which are the key players in the blood meal market and how intense is the competition?
  • What kind of competitors and stakeholders such as blood meal companies, would be interested in this market? What will be their go-to-market strategy for this market, and which emerging market will be of significant interest?
  • How are the current R&D activities and M&A’s in the blood meal market projected to create a disrupting environment in the coming years?
  • What will be the level of impact on the revenues of stakeholders due to the benefits of blood meal to different stakeholders‒‒from rising revenue, environmental regulatory compliance, to sustainable profits for the suppliers?

Growth Strategies Adopted by Major Players in the Snack Pellet Equipment Market

 The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.

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The 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019.

By form, the 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019. The 2D form of snack pellets witnesses significant demand among individuals globally. The 2D snack pellet equipment plant consists of machines such as cooking, perforation unit, a laminating system, cooling systems, cutting unit, pre-drying zone, and frying system. This equipment sets the 2D shape and helps in forming the uniform thickness of the snack pellets. The 2D form of snack pellets is used to obtain snack pellets in various shapes such as twist pellets, round shape pellets, flower shape pellets, and star shape pellets. Thus, the increasing consumer preference for enhanced designs in snack pellet drives the growth of the 2D segment.

The multigrain-based segment is projected to grow at the highest CAGR during the forecast period in the snack pellet equipment market.

By product type, the multigrain segment is estimated to grow at the highest CAGR during the forecast period. Multigrain snack pellets are made of various grain types that have high nutritional value. Earlier, a single grain type was used to produce snack pellets, which limited the nutritional value of the products. Currently, the consumer demand for multigrain snack pellets has increased rapidly as these have high fiber content. With low-fat content, they have higher health and taste benefits as compared to the potato- and corn-based snack pellets. The rising health consciousness among young population has led to an increase in the demand for multigrain snacks, as they are easy to produce, healthy fillers between meals, and convenient to digest. Due to the rising demand, snack pellet manufacturers have added new shapes, forms, and flavors to their existing product portfolio, which in turn, has led to an increase in the demand for snack pellet equipment.

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North America is estimated to dominate the snack pellet equipment market in 2019.

North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).

Key questions addressed by the report:

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

Monday, October 19, 2020

Herbicides Market Projected to Garner Significant Revenues by 2022

 The report “Herbicides Market by Type (Glyphosate, 2, 4-D, Diquat), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode of Action (Non-selective, Selective), and Region – Global Forecast to 2022″, The global herbicides market is estimated at USD 27.21 Billion in 2016 and is projected to reach USD 39.15 Billion by 2022, at a CAGR of 6.25% during the forecast period. The market is driven by factors such as adoption of better farming practices and rise in production of cereals & grains, especially in the Asia-Pacific region.

Objectives of the report:
  • To define, segment, and measure the herbicides market in both quantitative and qualitative terms
  • To provide an analysis of opportunities in the market for stakeholders through the identification of high-growth segments
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To understand the industry trends of the herbicides market along with a value chain and supply chain analysis
  • To provide a strategic profiling of key players in the herbicides market and a comprehensive analysis of their core competencies
  • To analyze the strategies of key players and developments, such as new product launches & product approvals, mergers & acquisitions and strategic alliances, agreements and collaborations, and investments & expansions

Herbicides are one of the major crop protection chemicals used for weed control. The herbicides market is segmented on the basis of herbicides type, mode of action, crop type, and region. On the basis of type, the herbicides market was dominated by the glyphosate segment and was followed by diquat and 2,4-D segments in 2015. With increasing use of glyphosate-based products in various forms, such as gel and powder across countries, glyphosate is projected to remain a leading segment. Diquat herbicide accounted for the second largest market share in 2015. Diquat is considered as a substitute for paraquat as both are non-selective contact herbicides and have almost similar chemical properties. Hence, the usage of diquat has increased, particularly in China and other developing economies, after declaring paraquat a restricted use pesticide (RUP) by environmental protection agencies in more than 30 countries.

The herbicides market, based on mode of action, is segmented into non-selective and selective. The non-selective herbicide segment has the largest market share in 2015. As non-selective herbicide is formulated for both, broadleaf and grass weeds, it finds application in most of the vegetation types and is a preferred alternative to selective herbicides. Additionally, with the introduction of GM crops that have herbicide tolerance, the demand for non-selective herbicides is projected to increase during the forecast period

The South American region dominated the herbicides market in 2015. This is due to the emergence of South American countries as agricultural powerhouses, growing above the global growth average. Growth in this region is significantly contributed to by the growth in Brazil and Argentina. Economic growth in South America has been supported by democratization and economic reforms. Availability of arable land and expansion of farmlands, especially in Brazil and Argentina, are driving the growth in this market.


Additionally, the regulatory framework in South America is less stringent as compared to North America and Europe. The Pesticide Action Network (South America) handles regulatory control in the region. T Herbicide products can be registered with minimum resistance from other regulatory agencies in the South American region.

This report includes a study of development strategies, along with the product portfolios of the leading companies in the herbicides market. The key companies profiled are BASF SE (Germany), The Dow Chemical Company (U.S.), E.I. du Pont de Nemours & Company (U.S.), Monsanto Company (U.S.), and Syngenta AG (Switzerland), FMC Corporation (U.S.), Platform Specialty Products Corporation (U.S.), Nufarm Ltd. (Australia), Nissan Chemical Industries Ltd. (Japan), and Drexel Chemical Co. (U.S.).

Upcoming Growth Trends in the Glufosinate Market

The glufosinate market is estimated to be valued at USD 1.37 Billion in 2016, and is projected to grow at a CAGR of 9.25% from 2016 to 2022. Glufosinate are widely accepted in agricultural and non-agricultural applications and play a vital role in weed controlling. Its usage is growing in recent years because it is considered as a suitable substitute for glyphosate and paraquat. The proportion of glyphosate-resistant weeds has been growing over the past few years because of its extensive usage. Farmers consider glufosinate as a better alternative in the non-selective herbicides market to protect and maintain crop yield. Furthermore, the USFDA considers glufosinate as a safer option compared to other herbicides available in the U.S. market such as paraquat. Hence, glufosinate should be viewed as a business opportunity in the next five years.

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On the basis of crop type, the global market is segmented into genetically modified crops and conventional crops. The genetically modified crops dominated the market owing to its major use in the production of various products and wider availability. Genetic modified techniques are widely used to make crops herbicide-resistant.

The global glufosinate market, on the basis of application, is segmented into agricultural and non-agricultural applications. The demand for glufosinate is expected to increase in the next few years due to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato that are genetically modified to tolerate glufosinate. The grains & cereals segment accounted for the largest market share in 2015.

The forms of glufosinate considered for the study are liquid and dry. Liquid formulation of glufosinate is widely used as it has low temperature stability as compared to dry formulations, which has a long process of usage.

In 2015, the North American region accounted for the largest share of the global glufosinate market in terms of value and volume. The glufosinate market in North America is also projected to grow at a significant CAGR during the forecast period. This region comprises developed economies such as U.S. and Canada, where the U.S. is a key producer of various agricultural applications. There is growing awareness observed in the U.S. with regard to glufosinate products. Glufosinate is registered for use in crops such as almonds, apples, bananas, berries, canola, corn, cotton, grapes, potatoes, rice, soybean, and tree nuts in the U.S. which has resulted in the growth of the market in this region.

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This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Bayer AG (Germany), The Dow Chemical Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Syngenta AG (Switzerland), and UPL (India).

Target Audience:
  • Pesticide manufacturers
  • Pesticide importers and exporters
  • Pesticide traders, distributors, and suppliers
  • Consumers (including farmers)
  • Government and research organizations
  • Legislative and regulatory bodies
  • Associations and industry bodies

Latest Regulatory Trends Impacting the Microbiological Testing of Water Market

 The global microbiological testing of water market has grown exponentially in the last few years. The market size is projected to reach USD 1.59 Billion by 2022, growing at a CAGR of around 7.0% from 2017 to 2022. Emerging countries such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as increase in microbial contamination in water reservoirs due to increased urban waste, stringent regulatory environment, the emergence of new technologies, and upgradation of equipment are the major driving factors for this market. Moreover, advanced technologies and rapid test methods helped to drive the microbiological testing of water industry.

The microbiological testing of water market, based on pathogen type, is segmented into Legionella, Coliform, Salmonella, Clostridium, Vibrio, and others which include other bacteria, protozoa, and viruses. Number of tests for Salmonella dominated the market with the largest share in 2016 due to increasing Salmonella outbreaks in the European and North American regions. This is followed by Coliform tests, which acts as an indicator bacteria for other bacterial analysis and plays a critical role in microbial water testing.

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The global market, based on type, is segmented into instruments and test kits & reagents. The instruments segment accounted for largest share of the microbiological testing of water market in 2016. The test kits & reagents segment is projected to grow at the highest CAGR from 2017 to 2022. Rapid testing methods ensure the analysis of a larger sample size, thereby reducing the time required for sample testing which will lead to the growth of test kits over the next five years.

The global market, based on industry, is segmented into pharmaceutical, clinical, food, energy, chemicals & material, and environmental. The pharmaceutical segment dominated the market with the largest share in 2016. Whereas, the food testing segment is projected to grow at the highest CAGR due increase in food safety awareness among consumers and growth in labeling mandates in various regions. Based on water type, the market is segmented into drinking & bottled water and industrial water. The industrial water segment dominated the market with the largest market share in 2016, and it is projected to grow at the highest CAGR due to increase in industrial applications and growth in regulatory compliance.

The decrease in availability of drinkable water in this region has led to a significant increase in the demand for water processing. The region is emerging as a huge market for microbiological testing of water due to rise in awareness of microbial water contaminants and their impact on health. This market is fueled by the economic development in countries such as China and India. The rise in incidences of waterborne illnesses, increase in industrialization, and growth in awareness for safe water are the key factors that drive the microbiological testing of water market growth in the Asia-Pacific region.


This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation(Japan), Sigma-Aldrich Corporation(U.S.), and 3M Company (U.S.).

Target Audience:
  • R&D institutes
  • Technology providers
  • Microbial water testing solution manufacturers/suppliers
  • Intermediary suppliers
  • Wholesalers
  • Consumers
  • End users
  • Retailers