Probiotics in Animal Feed Market Projected to Garner Significant Revenues by 2025

 The report "Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria [Lactobacilli, Streptococcus Thermophilus, Bifidobacteria] and Yeast & Fungi), Form (Dry and Liquid), and Region - Global Forecast to 2025", The global probiotics in animal feed market is estimated to be valued at USD 4.6 billion in 2019 and is projected to reach about USD 7.0 billion by 2025, at a CAGR of 7.4%. The growth of this market is attributed to the rise in demand for functional animal feed products in emerging economies such as Asia Pacific and RoW.

Driver: Growth in consumption of animal-based products

Several changes have been witnessed regarding the dietary habits and consumption patterns of the population, wherein a shift has been observed toward the increased consumption of meat and dairy products. This increase in the demand for various animal products such as milk, dairy products, meat products, eggs, and other non-food items has led to the growth in the usage of feed additives, thereby boosting the probiotics in animal feed market growth. The rapid growth in population has also increased the demand for food all over the world.

The livestock sector is under significant pressure to meet the growing global demand for high-value animal products. Consumers are becoming health-conscious and are focusing on nutrition-rich diets, which are provided by enriched feed products offered to the livestock. Livestock products such as meat, milk, and eggs are rich sources of micronutrients such as iron, zinc, and vitamins. The demand for probiotics in animal feed has increased due to the health benefits associated with the consumption of probiotics. They help in maintaining the microbial flora in the intestinal tract of animals and in enhancing the resistance against pathogens by improving their immune system. They also aid in the treatment of irritable bowel syndrome, inflammatory bowel disease, infectious diarrhea, and antibiotic-related diarrhea. This helps animals to derive maximum nutrition from the feed, which in turn increases the quality of animal products.

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The aquaculture segment is estimated to witness the fastest growth in the probiotics in animal feed market in 2019

By livestock, the probiotics in animal feed market is segmented into poultry, ruminants, swine, aquaculture, pets, and others (equine and rabbits). There is an increase in demand for probiotics in the feed for aquaculture due to an increase in demand for dietary animal protein. Many breeders are also developing probiotics that could cater to the all-round growth and development of aquatic animals.

The dry segment, by form, held a larger market share in the probiotics in animal feed market in 2018

By form, the probiotics in animal feed market is segmented into dry and liquid forms. The dry form of probiotics in animal feed held a larger market share in 2018 due to factors such as lower storage cost for feed manufacturers and longer shelf-life of feed products, as opposed to liquid probiotics, which have a high moisture content that leads to uncontrolled culturing, which ultimately affects the quality of the feed.

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The Asia Pacific region is projected to dominate the market through the forecast period

In 2018, the Asia Pacific region led the global probiotics in animal feed market. Factors such as a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health are driving the Asia Pacific market. Some of the countries contributing to the growth of this region include China, India, Japan, Australia, and New Zealand.

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 probiotics in animal feed market. It includes the profiles of leading companies such as Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DowDuPont (US), Evonik Industries (Germany), Land OLakes (US). Other players include Lallemand (Canada), Bluestar Adisseo Co. (China), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Schouw & Co. (Denmark), Unique Biotech (India), Pure Cultures (US), Kerry (Ireland), and Mitsui & Co., Ltd. (Japan).

Sustainable Growth Opportunities in the Blood Meal Market

 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?

Pest Control Market Growth by Emerging Trends, Analysis, & Forecast to 2025

 MarketsandMarkets forecasts the pest control market to grow from USD 20.5 billion in 2019 to USD 27.5 billion by 2025, at a CAGR of 5% during the forecast period. The market is primarily driven by chemical pest control techniques due to the high demand for insecticide solutions across the globe by service providers. The increasing awareness of public health has compelled the people to adopt pest control services on a regular basis at residential and commercial levels. The objective of the report is to define, describe, and forecast the pest control market size based on pest type, control method, mode of application, application, and region.

By control method, the chemicals segment dominated the pest control market in 2018.

Chemical pesticides, which are toxic or poisonous to the pests, are used for pest control in Asia Pacific. The use of chemical pesticides is widespread due to their relatively low cost, simplicity of application, effectiveness, availability, and stability. These factors, coupled with the growing economic conditions across Asia, encourage the adoption of chemicals to a larger extent. Chemical pesticides are generally fast-acting, which helps minimize their impact on the surrounding environment. Local agencies are adopting new technologies in deploying chemical solutions, including the use of drone-based sprays, to maximize the area to be covered.

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Insects are the major pest type driving the growth in the Asia Pacific pest control market during the forecast

The climate across the Asia Pacific, especially in Southeast and Western Asia, is conducive for the breeding of many insects. Warmer temperatures are generally the breeding grounds for insects, supporting their faster development and prolonged survival. Termites and mosquitoes are among the major pests in the Asia Pacific region and are expected to fuel the demand for insect pest control products and services during the forecast period. The demand for rodent control in Asia Pacific is also gaining prominence in the wake of the stringent regulations and safety standards in the commercial sector. Rodents are also a major problem in the Asia Pacific market. Countries such as China, India, and Japan are witnessing large-scale rodent infestation in the urban and rural areas. The rodent infestation in the region can be traced to a multitude of factors such as flooding, urban expansion, lack of hygiene conditions and open drains.

Asia Pacific region is projected to witness the highest growth in the pest control market by 2025.

The Asia Pacific region is among the fastest-growing regions for pest control. The region’s high concentration of urban population and urbanization poses a strong potential for pest control service providers. The effects of climate change and in certain cases, the negligence toward sanitary conditions in urban slums has resulted in multiple disease outbreaks. Improvements in legislation and policies surrounding the requirement of pest control have benefitted pest control service providers in the Asia Pacific region. Additionally, the region has also been susceptible to many pest-borne disease outbreaks in the last two decades. From the last quarter of 2015, there has been a significant number of cases related to Zika virus in the region. Zika virus is a mosquito-transmitted Flavivirus and has been detected in several countries in the Asia Pacific region, which include Thailand, the Philippines, Malaysia, Vietnam, and Indonesia. According to a WHO report (October 2016), the Asia Pacific region is highly likely to continue to report new cases and possibly new outbreaks of Zika virus. Thus, with increasing outbreaks of diseases due to insects, the demand for pest control services is projected to increase in the region.

The key service providers in this market include Terminix (US), Ecolab (US), Atalian Servest (France), Truly Nolen (US), Rollins Inc. (US), Rentokil Initial Plc (UK), and Ecolab (US). The pesticide suppliers in the pest control market include Bayer CropScience (Germany), BASF (Germany), Syngenta AG (Switzerland), Sumitomo Chemicals Co. Ltd. (Japan), Adama (Israel), FMC Corporation (US), DowDuPont (US), PelGar International (UK), and Bell Laboratories (US).

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Recent Developments:

• In March 2019, DowDuPont confirmed the completion of the required clearances for the spin-off for Corteva Agrisciences (US) which would operate as a separate company under the conglomerate.
• In January 2019, Control Solutions Inc. (US), a wholly owned subsidiary of Adama, acquired Bondie Products Inc. (US). The acquisition is expected to benefit CSI through the access of Bondie’s portfolio of pest control products and customer base.
• In October 2018, Bell Laboratories launched Contrac Soft bait 4lb pails, for the US market following the success of its 16lb pails. The new product is expected to ease mobility concerns for service technicians on the field as well as ease inventory management for service providers.

Biostimulants Market to Record Steady Growth by 2025

The report “Biostimulants Market by Active Ingredient (Humic Substances, Amino Acids, Seaweed Extracts, Microbial Amendments), Crop Type (Fruits & Vegetables, Cereals, Turf & Ornamentals), Application Method, Form, and Region – Global Forecast to 2025″, The market for biostimulants is projected to reach USD 4.9 billion by 2025, at a CAGR of 11.24% during the forecast period. It is driven by seaweed extract-based biostimulants, abundant growth in seaweed cultivation near major biostimulant markets, and rise in their adoption by key players in biostimulant formulations.

On the basis of active ingredient, the amino acids segment has been estimated to occupy the major share, in terms of value, in 2019.

Price differences in active ingredients is a major factor, due to which, the amino acids segment is projected to remain dominant in the market, in terms of value. In terms of volume, the dosage rate plays an integral role in the effectiveness of biostimulants. Since the dosage rate of humic substances is much higher in comparison, as they are mostly preferred for foliar applications, they dominate the market, in terms of volume, in 2018. Earlier, biostimulant products were majorly offered as a single active ingredient, which imparted specific functions such as stress tolerance or enhancement of crop quality. However, due to intense research on this market, formulations for blending multiple active ingredients have been developed by players such as Valagro (Italy).

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The increasing awareness of nutritional benefits associated with biostimulants and their application on broad-acre crops have widened the scope of growth within the biostimulants market.

The usage of biostimulants has evolved immensely from high-value crops such as fruits & vegetables to broad-acre crops such as cereals, pulses, and fiber crops. It has been observed that biostimulants enhance the uptake of nutrients, develop tolerance to abiotic stresses, and increase the vigor and yield of crops such as wheat, rice, and barley. The immense possibility in the application of biostimulants for these broad-acre crops can lead to the significant growth of this market. Many domestic manufacturers have begun to realize the prospective demand in the coming years, with several launches targeted on crops such as rice, corn, and wheat.

With the introduction of stringent regulations, Europe is estimated to dominate the biostimulants market in 2019.

The biostimulants market in Europe is driven by the adoption of modern agricultural technology such as precision farming, plant biotechnology, and organic-based active ingredients. The increasing awareness of consumers about the benefits of biostimulants is expected to contribute to market growth. Moreover, the European legislation is in the process of recognizing biostimulants as important plant nutrition, and have paved the way toward a regulated environment for these products. Moreover, biostimulant products were initially applied only on high-value crops such as fruits and vegetables in Europe. However, the industrial importance has transformed some broad-acre crops such as corn and wheat into high-value crops, resulting in the increased use of biostimulants for these crops.

This report includes a study of the development strategies of leading companies. The scope of this report includes a detailed study of biostimulant manufacturers such as BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), and UPL (India).

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Recent Developments:

• In February 2019, UPL (India) acquired Arysta LifeScience Corporation (US), a part of Platform Specialty Products Corporation (US). The acquisition helped the company to broaden its footprint in the biologicals market, and broaden its geographical presence.

Key questions addressed by the report:

• How would the biostimulants market be dependent on the biologicals and crop nutrition industries, and which crop type would adopt maximum usage of biostimulants?
• Which region will account for the highest share in the biostimulants market?
• Which active ingredient of biostimulants holds high potential for growth in each key country?
• What are the trends and factors responsible for influencing the adoption rate of biostimulants in key emerging countries? What is the level of support offered by the governments across these countries to the manufacturers?
• Which are the key players in the market and how intense is the competition?

Sustainable Growth Opportunities in the Insoluble Dietary Fibers Market

The insoluble dietary fiber market is projected to grow at a CAGR of 9.2% from 2017 to 2022, to reach USD 2.66 billion by 2022. Factors such as growth in demand for functional foods, rising consumer awareness through government health programs, and increase in health-consciousness among consumers are driving this market.

The objectives of the report:

• To define, segment, and estimated the size of the insoluble dietary fibers market, with respect to its sources, applications, types, and key regional markets
• To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the total market
• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape
• To project the size of the market in terms of value and volume, with respect to four regions (along with their respective countries), namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios and core competencies
• To analyze the competitive developments such as new product launches, acquisitions, expansions & investments, agreements, collaborations and joint ventures in the insoluble dietary fibers market

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Growth in demand for functional foods

Changes in lifestyles and lack of time have led to high consumption of functional foods in countries around the world, especially in Asia. With growth in workload, busy lifestyles, and increase in the number of working women (considering women play a predominant role in preparing meals in households), the time and means to intake healthy food have reduced. This has resulted in the growing demand for products that offer balanced nutrition. Thus, the consumer demand for functional foods, nutraceuticals, and supplements has been increasing. As insoluble dietary fibers form an essential ingredient in functional food products, their market is also increasing.

With changing consumer lifestyles, there is a need for intake of extra fiber. Insoluble dietary fiber content varies in different types of foods. Several key players such as Archer Daniels Midland Company (U.S.), Cargill (U.S.), and E. I. du Pont de Nemours and Company (U.S.), offer a range of insoluble dietary fibers obtained from different sources including wheat, oats, corn, peas, potato, legumes, and rice for their application in food, feed, and pharmaceutical products. Further, the products offered by these companies are also in accordance with consumer needs. This is projected to drive the market for insoluble dietary fibers.

The insoluble dietary fiber market, based on type, has been segmented into cellulose, hemicellulose, chitin & chitosan, lignin, fiber/bran, resistant starch, and others. The cellulose segment dominated this market in 2016. Cellulose is insoluble dietary fiber used in a wide range of food applications such as meat products, poultry products, and bakery items. Cellulose fibers with low water absorption capacity are mainly used for providing fiber enrichment in different types of bakery products such as bread and tortillas. Cellulose with high water- and oil-holding capacity is used in processed meat to manage the moisture level. The fiber/bran segment is projected to be the fastest-growing due to the growing technological advancements in extraction processes and the investment by the key companies in sourcing fiber/bran from grains, fruits, and vegetable.

The insoluble dietary fiber, based on application, is segmented into functional food & beverages, pharmaceutical, animal feed, and pet food. The functional food and beverage segment is projected to be the largest application segment during the forecast period. Consumption of extra insoluble dietary fibers with food leads to the prevention of health disorders such as constipation, hyperglycemia, obesity, and high cholesterol. Due to the changing diet patterns and the increasing health concerns, insoluble dietary fibers have begun to form an integral part of processed and packaged food in a bid to meet nutritive requirements.

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The North American region was the largest market for insoluble dietary fibers market in 2016. This can be attributed to the increase in demand for various dietary fiber fortified products in the U.S. and Canada. The consumer awareness related to dietary supplement consumption in this region is very high, and can be attributed as a reason for its largest market share in this market.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Cargill (U.S.), Roquette Frères (France), E. I. du Pont de Nemours and Company (U.S.), Ingredion Incorporated (U.S.), SunOpta, Inc. (Canada), Interfiber (Poland), Solvaira Specialties (U.S.), Unipektin Ingredients AG (Switzerland), AdvoCare International, L.P. (U.S.), J. Rettenmaier & Söhne GmbH Co. KG (Germany), Grain Processing Corporation (U.S.), and Barndad Nutrition (U.S.).

Termite Control Market Projected to Garner Significant Revenues by 2022

The global termite control market is estimated at USD 3.13 billion in 2017 and is projected to reach USD 4.12 billion by 2022, at a CAGR of 5.62% during the forecast period. The primary factors that drive the market has been the growing presence of termite control service providers in developing economies, and many instances of insect pest attacks with respect to climate change.

Unhygienic conditions, increasing population in various countries, and improper waste management cause termite infestations. Termites are small insects, similar to ants, and eat dead plants and trees or other wooden materials. There are over 2,300 species of termites across the world. The termite control market, by species, has been segmented into subterranean termites, dampwood termites, drywood termites, and others, such as conehead termites and desert termites. Subterranean termites are found in all the regions and thus occupy major share for market. The termite control market, by control method, has been segmented into chemical, mechanical & physical, biological, and other methods, which include environmental control services and radiation. The chemical segment dominated the market in 2016, where insect growth regulators and various larvicides, such as diflubenzuron and noviflumuron are projected to gain significant market growth over the coming years. Various types of insect growth regulators (IGRs) such as anti-juvenile hormone agents are also used along with attractants in the physical and mechanical control methods, such as termite bait systems and barriers.

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The termite control market, by application, was dominated by the commercial & industrial sectors. The high demand from the commercial & industrial sectors is attributed to the strict regulatory requirements to fulfil the need for keeping the threat of termites under control. Audits are mandatory by many government authorities for certifications such as ISO 9001 and ISO 22000 in commercial and industrial organizations, particularly in the food service and pharmaceutical industries. These certifications have a mandatory clause of termite control to be carried out yearly, half-yearly, or on a quarterly basis; companies that do not comply with these mandates are faced with penalties and shutdowns. Hence, the demand for termite control services is increasing globally.

North America dominated the global termite control market in 2016. According to a global property guide article dated September 2016, the housing market in North America is witnessing an upward trend. This has led to an increased demand for termite control services in the region, as these houses are generally made of wood. Additionally, leading companies in North America are engaged in launching new products and expanding their presence across the globe to sustain their lead in the market.

The global termite control market is highly concentrated, with few of the multinational companies, accounting for a major share in the market in 2016. The market in developed countries has become saturated, and the demand is mainly accounted for by the developing countries. The key players identified have a strong presence in the global termite control market. The leading players in the market include BASF SE (Germany), Syngenta AG (Switzerland), Dow Chemical Company (US), Sumitomo Chemicals (Japan), and FMC Corporation (US). 

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Target Audience:

• Termiticide manufacturers, suppliers, and formulators
• Professional pest control service providers
• Termiticide traders, distributors, importers, exporters, and suppliers
• Public health contractors
• Commercial research & development (R&D) institutions and financial institutions
• Trade associations and industry bodies

Polyol Sweeteners Market Growth Opportunities by 2022

The report "Polyol Sweeteners Market by Type (Sorbitol, Maltitol, Isomalt, Erythritol, Xylitol), Application (Bakery & Confectionery, Oral Care, Pharmaceuticals, Beverages, Dairy), Form (Powder/Crystal, Liquid/Syrup), and Region - Global Forecast to 2022", The polyol sweeteners market is projected to reach USD 3.30 Billion by 2022 at a CAGR of 5.9% from 2017 to 2022. The market is driven by economic factors influencing the demand for polyol sweeteners, rise in consumer demand for low-calorie and healthier food & beverage products, and growth in awareness regarding the functionalities of polyol sweeteners in the pharmaceutical applications.

The objectives of the report are as follows:

• To define, segment, and measure the polyol sweeteners market with respect to its source, form, method of production, application, and region
• To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To project the size of the market, in terms of value (USD million), in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW)
• To analyze opportunities in the market for stakeholders and study the details of the competitive landscape, to be provided to the key market leaders
• To strategically profile the key players and comprehensively analyze their market share and core competencies
• To analyze the competitive developments such as new product launches, acquisitions, investments, expansions, partnerships, agreements, joint ventures, and collaborations in the polyol sweeteners market

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Pharmaceuticals projected to be the fastest-growing segment in the polyol sweeteners market by application during the forecast period 2017–2022

Polyol sweeteners are used as a key bodying agent in many pharmaceutical applications such as syrups, tablets, and elixirs. They are used in syrups for reducing the bottle cap’s stickiness to the bottle due to the presence of sugar. They act as good plasticizers and humectants; this makes them applicable in non-fat soluble ointments, emulsion ointments, and gelatin capsules. The excellent spreading capacity makes them applicable in creams, ointments, and pastes. Polyol sweeteners replace sucrose syrup as it is more prone to dental decay. Usage of polyol sweeteners in counter medicines substantially decreases the risk of dental decay.

On the basis of form, the powder/crystal polyol sweeteners segment estimated to be the largest market in the polyol sweeteners industry in 2017

Polyol sweeteners in the powdered or crystalline form are most commonly used by manufacturers, as these sweeteners are easier to use and manufacturers are accustomed to using the powdered form of raw materials in food manufacturing processes as compared to liquid form, therefore, powdered polyol sweeteners is estimated to hold the largest market share in 2017. Most polyol sweeteners are preferred in the powdered form compared to liquid form for better handling and transport. Most of the functions of powdered sorbitol are similar to those of liquid sorbitol, and it is widely preferred as a coating agent and bulking agent in the manufacturing of confectioneries and bakery goods.

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Significant growth for polyol sweeteners is observed in the Asia-Pacific region

The Asia-Pacific region is segmented into China, Japan, India, Australia, and the Rest of Asia-Pacific. It is the fastest-growing market for polyol sweeteners. The increase in health problems due to the consumption of sugar-based products and rise in purchasing power parity in the region are driving the demand for polyols in applications such as oral care and pharmaceuticals. Asia-Pacific is one the major polyol sweeteners producing regions; the availability, affordability of these sugar alcohols, and rise in awareness about functionalities & applications of polyol sweeteners will drive the growth of this market.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), and Roquette Frères S.A. (France).