Friday, January 29, 2021

Upcoming Growth Trends in the Pesticide Inert Ingredients Market

 The report "Pesticide Inert Ingredients Marketby Type (Emulsifiers, Solvents, and Carriers), Source (Synthetic and Bio-based), Form (Dry and Liquid), Pesticide Type (Herbicides, Insecticides, Fungicides, and Rodenticides), and Region - Global Forecast to 2023 " , The pesticide inert ingredients market is projected to reach USD 4.7 billion by 2023, from USD 3.5 billion in 2018, at a CAGR of 6.14% during the forecast period. The market is driven by factors such as the increasing demand for specific inert ingredients in pesticide formulation and the capability of inert ingredients to improve the efficacy of pesticide application.

On the basis of type, the emulsifiers segment is projected to witness the fastest growth during the forecast period.

Emulsifiers help in stabilizing the mixture of two liquids and avoid the formation of immiscible liquid phases. Major emulsifiers that are used as inert ingredients are polymers, nonylphenol and alcohol ethoxylates, and alcohol alkoxylates. The demand for emulsifier-based products remains high in the North American region due to the increasing industrialization and decreasing land area for agriculture, which in turn, creates demand for the use of pesticides for ensuring food security and production.

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With the increasing demand for organic fruits and vegetables, the bio-based segment is projected to witness the fastest growth, on the basis of source.

It has been witnessed that some of the inert ingredients used in pesticide formulation are more toxic than the active ingredients. Increasing health hazards associated with the usage of synthetic-based inert ingredients in pesticides creates an opportunity for the market players to develop bio-based inert ingredients from sources such as microbes for the formulation of bio-based pesticides. Governmental bodies and regulatory authorities have introduced regulations for the use of toxic pesticides, which affects the growth of bio-based inert ingredients in the market.

The Asia Pacific is projected to witness the fastest growth in the inert ingredients market through 2023.

Agriculture is one of the largest industries in the Asia Pacific region, with a large share of farmland and good soil fertility. Moreover, the region is rich in plant diversity due to the wide variations in climate across countries. Even though there is a variation in the agriculture system from basic systems in India to the technically advanced ones in Japan, the agenda of food security is supported by local governments in the Asian countries. The Asia Pacific region is one of the leading consumers of pesticides across the globe, although the region mainly depends on imports of pesticide supply.Since inert ingredients are majorly consumed by pesticide manufacturers at the production facility during the formulation stage, and since countries such as India, Thailand, and Vietnam depend on imports for formulations, the market for inert ingredients is projected to be smaller compared to the Americas and Europe. However, with the increasing establishment of production plants in the Asian countries, the use of inert ingredients along with pesticide application is projected to increase in the future.

This report includes a study of development strategies for leading companies. The scope of this report includes a detailed study of major companies such as BASF (Germany), Clariant (Switzerland), DowDuPont (US), Stepan Company (US), and Croda International Plc. (UK). Other players in the market include Eastman Chemicals (US), Solvay SA (Belgium), Evonik (Germany), Huntsman Corporation (US), AkzoNobel (The Netherlands), Royal Dutch Shell (The Netherlands), and LyondellBasell Industries (Netherlands). 

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Key questions addressed by the report:

  • Which market segments to focus on in the next two to five years for prioritizing efforts and investments?
  • Which region will have the highest share in the pesticide inert ingredients market?
  • Which type of pesticide inert ingredients witnesses high demand in each key country market?
  • What are the trends and factors responsible for influencing the adoption rate of bio-based inert ingredients in key emerging countries?
  • Which are the key players in the market and how intense is the competition?

Latest Regulatory Trends Impacting the Probiotic Ingredients Market

 The probiotic ingredients market is projected to grow from USD 268 million in 2018 to USD 402 million by 2023, at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The increasing demand for dietary supplements in the pharmaceuticals, cosmetics, and personal care industries is projected to drive the market for probiotics, which in turn, is projected to drive the market growth for probiotic ingredients. 



The bacteria segment, by source, accounts for the largest market size during the forecast period

The bacterial segment is projected to hold the larger market share as it offers various health benefits. The most commonly used strains in the manufacture of probiotic products are gram-positive bacteria, which belongs to the genus Bacillus and yeast strains that belong to the genus Saccharomyces. For instance, Lactobacillus acidophilus when consumed orally is able to prevent infections in the vagina and also aids in nutrient absorption, while Bifidobacterium infantis helps the host combat bloating, diarrhea, constipation, and ulcerative colitis.

The liquid segment in the probiotic ingredients market is projected to record the fastest growth during the forecast period

Probiotic microorganisms are usually supplied in the form of culture concentrates, either in the dried or deep freeze form, for use in the food industry. The semi-liquid probiotic strains are usually offered in the form of gels and paste. Liquid probiotic strains are used in the production yogurt and buttermilk and are not available widely as compared to dry strains due to its shorter shelf life and the requirement of refrigeration during the transportation process.

Asia Pacific is estimated to dominate the probiotic ingredients market in terms of value in 2018

Probiotics are gaining popularity in the Asia Pacific market particularly in the animal nutrition segment due to the growing concerns about their health and productivity. The application of probiotic strains is projected to increase due to the consumer demand for application in functional foods and pharmaceutical end products. India offers a huge potential in this region due to the increasing number of pharmaceutical companies involving themselves in the licensing and development of probiotic drugs. China’s growth in terms of sales is attributed to the growing application of probiotics in the infant formula business.

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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 Kerry (Ireland), DowDuPont (US), Chr. Hansen (Denmark), Biogaia (Sweden), Probi (Sweden), Glac Biotech (Taiwan), Bifodan (Denmark), Lallemand (Canada), UAS Laboratories (US), and Biena (US).

Recent Developments:
  • In March 2018, Kerry Group acquired, Ganeden Inc., a US-based developer, and manufacturer of probiotics, to complement its existing portfolio. Ganeden Inc. would help to strengthen Kerry’ nutrition and general wellness positioning in the US market.
  • In September 2016, to strengthen its probiotic offering, Chr. Hansen acquired LGG, the world’s best documented probiotic strain from Valio Ltd. Valio OY is a Swedish company that provides for a range of ingredients for the food & beverage industry, besides consumer products.
  • In January 2018, Biogaia introduced Protectis Probiotics—chewable tablets containing Lactobacillus reuteri protectis and vitamin D. This helped the company to strengthen its offerings within the probiotic strains segment.

Upcoming Growth Trends in the Plant Breeding and CRISPR Plants Market

The plant breeding and CRISPR plants market is estimated to account for USD 7.6 billion in 2018 and is projected to reach USD 14.6 billion by 2023, at a CAGR of 13.95% during the forecast period. Strong funding by the private and public sectors toward plant biotechnology such as the development of high-throughput sequencing systems and application of MAS and genomic selection in field and vegetable crops are projected to drive the growth of the market over the next five years.

On the basis of application, the cereals & grains segment is projected to witness the fastest growth during the forecast period.

Corn, wheat, and rice are the major cereals bred with advanced technologies such as molecular breeding and genetic techniques. The availability of germplasm for these crops encourages the adoption of advanced techniques for crop breeding. The economic importance of corn due to its application in various sectors and increasing demand for high-quality wheat and rice in the food industry are other reasons for the adoption of hybrid breeding technologies among seed producers.

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On the basis of type, the biotechnological method is projected to witness the fastest growth in the plant breeding and CRISPR plants market during the forecast period

The increasing adoption of hybrid and molecular breeding techniques in developing countries and the growing cultivation of GM crops in the Americas are factors contributing to its high growth. The growing market for crop genetics in various countries of the Americas and the declining cost of genetic procedures in the past decade are factors driving the demand for genetic engineering and genome editing in the region. Unlike genetic techniques, no regulations are implied by the government for molecular breeding across the globe, which is projected to drive the growth of the biotechnological method at a higher rate during the forecast period. Advances in the field of CRISPR gene editing technology have brought about the third revolution in crop improvement and these tools can be used along with existing technologies. Growing innovation would facilitate the growth of CRISPR technology in agriculture, especially in countries such as the US, China, Japan, Brazil, and South Africa.

On the basis of trait, the herbicide tolerance segment is projected to witness the fastest growth in the plant breeding and CRISPR plants market

Increasing regulations on the use of chemical pesticides and rising instances of pest attacks during the early germination phase have increased the need for pesticide-tolerant seeds. Herbicide tolerance has been one of the major traits targeted by plant genetic companies for transgenic and non-transgenic crops. Non-transgenic Clearfield herbicide tolerance technology, developed by BASF and Syngenta, is recognized as one of the groundbreaking innovations in hybrid breeding technology, and more companies have exhibited their interest to enter this industry, which is projected to contribute to the growth in the next five years.

North America is estimated to dominate the market in 2018, while the Asia Pacific is projected to witness the fastest growth through 2023.

The increasing industrial value for corn and soybean in the US has been encouraging breeders to adopt advanced technologies for better yield, owing to which the adoption rate for crop genetics in this country has been high. Also, the limited regulatory control and high promotional support for intellectual property affairs in genetic technology have been extremely favorable toward the adoption of plant biotechnological tools in agriculture. Hence, North America dominated the global plant breeding market in 2017. On the other hand, there has been an ever-increasing demand for commercial seeds in the Asian market, in line with the improving economic conditions. Also, seed manufacturers such as Bayer, Monsanto, and Syngenta have been showing increasing interest in tapping this potential market, wherein the companies have been expanding their R&D centers across the Asia Pacific.

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This report includes a study of development strategies of leading companies. The scope of this report includes a detailed study of major seed manufacturers that have in-house plant breeding facilities; these companies include players such as Bayer (Germany), Syngenta (Switzerland), DowDuPont (US), KWS SAAT (Germany), Limagrain (France), and DLF Trifolium (Denmark), and also major service providers, such as Eurofins (Luxembourg), SGS SA (Switzerland), Pacific Biosciences (US), Benson Hill Systems (US), Hudson River Biotechnology (US), Evogene (Israel), Bioconsortia (US), and Equinom (Israel).

Key Trends Shaping the Biofortification Market

 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?

Wednesday, January 27, 2021

Food Authenticity Testing Market to Witness Unprecedented Growth in Coming Years

 The food authenticity testing market, in terms of value, is projected to reach USD 7.50 billion by 2022, at a CAGR of 7.6% from 2016 to 2022. The growing international trade is one of the factors driving this market as compels the manufacturers to comply with the global mandates and regulations for food authenticity due to the growing economically motivated adulterations (EMAs). As international trade increases complexities in the supply chain and the chances of cross-contamination and fraud, the demand for food authentication services is projected to remain high.

The objectives of the report:
  • To define, segment, and project the size of the global food authenticity testing market on the basis of target testing, technology, and food tested
  • To understand the structure of the food authenticity testing market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of market trends
  • To project the size of the market and its submarkets, in terms of value, with respect to four regions (along with their respective key countries)–North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
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The food authenticity testing market, based on target testing, is segmented as meat speciation, country of origin and aging, adulteration tests, and false labeling. The adulteration tests segment is projected to be largest, and the meat speciation segment is projected to be the fastest growing in the food authenticity testing market through 2022. The increasing number of food frauds due to the complexity of the supply chain also contributed to the market growth.

The food authenticity testing market, on the basis of technology, is segmented into PCR-based, LC-MS/MS, isotope methods, immunoassay-based, and others, which includes NMR spectroscopy, test kits, and chemical tests. The PCR-based technology witnesses an increased use in food authenticity testing. It is a molecular technique that uses DNA for the analysis of meat and food products, providing precise results on testing. The technology amplifies fragments of DNA extracted from the food product samples to accurately identify the DNA of each species in the product. This enables cross-checking of the product’s authenticity and confirmation of product claims. LC-MS/MS represents the second largest technology segment in the market. This technology is used to detect the authenticity in the food products as well. The testing market through PCR-based technologies is largely driven by its wide applicability, accurate determination of adulterant, meat species or GMO in products even at 0.1% levels of detection.

The food authenticity testing market, based on food tested, is categorized into meat & meat products, dairy & dairy products, processed foods, ingredients, cereals, grains, and pulses. The processed food segment is projected to be the largest segment, whereas the meat & meat products segment is projected to witness the fastest growth in the market. The growth of the processed food segment is attributed to a wide number of processing applications of products such as infant formula, packaged food, wine, and other processed food products. Due to the increasing fraud and counterfeit instances in processed food products, the demand for the food authentication testing services remains high in this segment. On account of these factors, the processed food segment is projected to be the largest in the food authenticity testing market.


The Asia-Pacific region is projected to be the fastest-growing market through 2022 due to the increasing food safety concerns among the consumers and the growing market for processed food. France is projected to be fastest-growing country in the European region. European countries have recorded many issues related to food authenticity; as a result, stringent policies have been established to ensure complete food authenticity. Food safety authorities in Europe aim to protect consumer health by ensuring the quality of the food supply chain.

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 SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific (Luxembourg), ALS Limited (Australia), LGC Science Group Ltd (U.K.), Merieux Nutrisciences Corporation (U.S), Microbac Laboratories Inc. (U.S.), EMSL Analytical Inc. (U.S.), Romer Labs Diagnostic GmbH (Austria), and Genetic ID NA, Inc. (U.S.).

Growth Strategies Adopted by Major Players in the Antibacterial Market

 The global antibacterial market in agriculture is projected to reach USD 11.89 Billion by 2022, at a CAGR of 4.6% during the forecast period. The market growth is driven by multiple factors such as the rise in the need for food security for the growing population, advancement in farming practices and technologies, and ease of application of antibacterial in agriculture. The antibacterial market is further driven by factors such as the increase in demand for fruits & vegetables, increase in acceptance for Integrated Pest Management (IPM) by farmers, and high opportunities in developing countries.

The objectives of the report are as follows:
  • To define, segment, and measure the antibacterial market based on type, crop type, mode of application, form, and region
  • To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, and burning issues)
  • To analyze opportunities in the market for stakeholders and details of the competitive landscape for market leaders
  • To analyze competitive developments such as new product launches, acquisitions, investments, expansions, partnerships, agreements, joint ventures, and collaborations in the agricultural bactericides market
  • Analyzing the demand-side factors based on the impact of macro and microeconomic factors on the market and shifts in demand patterns across different subsegments and regions
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Significant growth expected in the dithiocarbamate segment

Antibacterials in agriculture are highly used to control bacterial disease by specifically inhibiting or killing the bacterial causing the disease. They can be mixed with water, and hence easily applied through foliar spray, soil treatment. The ease in application mode has made these antibacterial products more convenient to use for the farmers. Dithiocarbamate are projected to be the fastest-growing types in the next six years.

The cereals & grains segment projected to be the fastest-growing market during the forecast period

Cereals & grains dominated the antibacterial market in agriculture in 2015; it is projected to grow at the highest CAGR of from 2016 to 2022. Rise in demand for cereals & grains, owing to the increased awareness regarding their nutritional benefits is driving the cereals & grains segment.

With a global increase in consumption of fruits & vegetables and growth in demand for tropical and exotic fruits & vegetables in the developing countries, this segment is likely to witness a growth by 2022.

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Increase in need for food security, high investment in R&D, and change in farming practices key to success in the European region

Europe is one of the largest contributors to the global antibacterial market in agriculture due to the increase in use of antibacterial products through advanced agricultural techniques and rise in need for food security in the European countries. Italy and France constituted the largest country-level markets in the European region in 2015. High market penetration by the leading antibacterial companies, for enhancing the agricultural growth and productivity, and the decrease in arable land are the main factors influencing the growth of the antibacterial market in agriculture in Europe.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include BASF SE (Germany), Dow AgroSciences LLC (U.S.), Sumitomo Chemical Co., Ltd (Japan), and Bayer CropScience AG (Germany); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Syngenta AG (Switzerland), Nippon Soda Co. Ltd. (Japan), and Nufarm Ltd. (Australia).

Sustainable Growth Opportunities in the Starter Feed Market

 The report Starter Feed Market by Type (Medicated and Non-medicated), Ingredient (Wheat, Corn, Soybean, Oats, and Barley), Livestock (Ruminants, Swine, Poultry, Aquatic, and Equine), Form (Pellets and Crumbles), and Region – Global Forecast Up to 2022″, The global market for starter feed was valued at USD 21.45 Billion in 2015; this is projected to grow at a CAGR of 4.57% from 2016, to reach USD 29.15 Billion by 2022. The market is driven by factors such as the need to increase livestock production to cater to the growing demand for animal sourced products, and adoption of precision nutrition techniques.

Based on type, the global market is segmented into medicated and non-medicated. The medicated was the larger segment in 2015. The medicated starter feed segment is also projected to grow at a comparatively higher CAGR during the forecast period.

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The inclusion of oats in starter feed, based on ingredients, is projected to grow at a significant rate during the forecast period. Oats are easier to feed to animals than other cereals; they are mainly used in poultry feed of their high fiber and beta-glucan content. This is to drive the oats segment during the forecast period.

Based on livestock, the poultry segment was the largest in 2015; this is also to grow at the highest CAGR from 2016 to 2022. The poultry starter feed is a balanced nutritional formulation and helps poultry to establish a healthy appetite at the initial stage of growth. It also contains coccidiostat, which helps in the treatment of coccidiosis in young chicks. These factors drive the poultry starter feed market.

Based on form, the pellet segment was the largest in 2015; this is also projected to grow at the highest CAGR from 2016 to 2022. It is easy to feed to the animals, easy to store, and is the most common preference by the chicken farmers and triggers early feed intake.

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The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The region is heterogeneous, with diversity in income levels, technology, and demand for better quality feed to livestock, leading to enhanced scope for future growth.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies such as Cargill, Incorporated (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), and Koninklijke DSM NV (Netherlands).