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).

Integrated Food Ingredients Market Growth Opportunities by 2023

The integrated food ingredients market is estimated at USD 60.90 billion in 2018 and is projected to reach USD 77.48 billion by 2023, growing at a CAGR of 4.9% during the forecast period. The increasing disposable incomes, growing population, busy lifestyles, and a shift in the focus for highly convenient processed food are some of the key trends influencing the growth of this market.

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The taste enhancers segment is estimated to account for the largest share, by function, in 2017.

Based on function, the integrated food ingredients market has been segmented into taste enhancers, form, texture, preservation, and coloring. The taste enhancers segment is estimated to account for the largest share by function of the integrated food ingredients market. Taste enhancers are used in various applications such as dairy products, beverages, savories, and meat products to enhance the taste of food products. In order to serve keyboards food to the consumers, various manufacturers in the food & beverage industry are using taste enhancers thereby fueling the market for flavors. Various taste enhancers such as monosodium glutamate, monopotassium glutamate, and calcium di-glutamate are used to enhance the flavor of food products.

The beverages segment, by integrated solutions, is estimated to account for the largest share of the integrated food ingredients market in 2017.

Based on integrated solutions, the integrated food ingredients market has been segmented into beverages, bakery & confectionery, snacks, meat products, and dairy. The beverages segment is estimated to account for the largest share of the global integrated food ingredients market in 2018. Consumer demand for functional and health beverages has been on the rise for the past few years. For instance, consumer demand for beverages made of fruits & vegetables that have a high content of minerals and vitamins is one of the fast-growing trends in the beverage industry. These factors influence the integrated food ingredients market. The increasing consumption of fruit juices, vegetable juices, and energy drinks also spurs the growth of natural integrated food ingredients.

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North America is projected to dominate the integrated food ingredients market in terms of value in 2017.

North America is projected to lead the global market for integrated food ingredients in terms of growth rate. The major factors driving the growth of this market are matured economy and growing urbanization. The North American region is mainly driven by the rising demand for functional and convenience foods. This leads to an increase in the demand for health and wellness food ingredients, which, in turn, drives the growth of the integrated food ingredients market. The demand for integrated food ingredients in the brewing industry and the high complexity of procedures drive the demand for enzymes. However, stringent regulations by food administration departments and governments restrain its market growth.

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 CARGILL (US), ADM (US), DUPONT (US), ABF (UK), BASF (Germany), Kerry (Ireland), DSM (Netherland), Tate & Lyle (UK) , Symrise (Germany), IFF (US), Dohler (Germany), Northwest Naturals (US), GAT Foods (Israel), and FIRMENICH (Switzerland).

Targeted Audience:

• Integrated food ingredients manufacturers
• Regulatory bodies
• Intermediary suppliers
• End Users

Food Enzymes Market to Showcase Continued Growth in the Coming Years

The food enzymes market is projected to grow at a CAGR of 6.9% from 2018, to reach USD 3.23 billion by 2023. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023. Some of the major factors driving the market are demand for improved food quality, increasing demand for processed food, and growing awareness about healthy and nutritional food. Moreover, high reaction specificity, the demand for environment-friendly manufacturing processes and improved quality of processed food are a few other reasons that has driven the overall market demand for this market. The major restraining factors for the global market include changing legislation and lack of consistency in safety regulations.

High reaction specificity of enzymes is driving the overall market

The use of enzymes in the food & beverage processing industry ensures the selective analysis of specific food constituents so that the time and costs can be reduced. Conventional use of chemicals requires time-consuming separation techniques, which affect an organization’s budget. Enzymes are biocatalysts that bind substrates into their active sites in a compact and highly specific orientation, which guarantees that, of the many thermodynamically feasible reactions that can occur in the process, only a particular one is accelerated. This high reaction specificity of food enzymes also eliminates the possibility of undesired side reactions, which can compromise the safety of end products, which is ultimately for human consumption.

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The lipase segment by type is projected to grow at the highest CAGR during the forecast period

Lipase is an enzyme involved in the hydrolysis of fats or lipids. It acts as a catalyst and breaks down oils and solid fats into compounds. Its major function is aiding the digestion, transport, and processing of dietary lipids. Lipase acts critically in cheese and yogurt fermentation. It is mainly used in the bakery, dairy, and oil & fat industries. It is one of the fastest-growing enzymes and are widely growing because of the growth in food & beverage industry. The market for lipase is growing because of its application in the dairy industry.

The liquid segment by formulation is projected to grow at the highest CAGR during the forecast period

Food enzymes in the liquid formulation are generally less stable than solids, though they have greater activity and better functionality. The liquid formulation of enzymes is supplied as a liquid solution, which is sprayed on the pellets. This type of formulation is easy to handle and is thus growing in demand globally. However, it is subject to spillage or splashing; is unstable; is sensitive to rapid attacks by other ingredients; and is susceptible to physical and chemical degradation.

The Food Enzymes Market To Record the Fastest Growth in Asia Pacific Throughout 2023

In parallel to the growing population in various countries of Asia Pacific, the demand for different food products is projected to remain high. As manufacturers focus on catering to the increasing demand from consumers for high-quality food products in a shorter period, the market for food enzymes is projected to increase in this region over the coming years. In addition, rising awareness about the benefits of food enzymes is widening lucrative growth opportunities for manufacturers. On account of these factors, the market is projected to record the fastest growth in the region during the forecast period.

Leading players in the food enzymes market focus on adopting strategies such as acquisitions, new product launches, agreements, and expansions to improve their presence in the market. Some of the key players identified in the market include Associated British Foods (UK), Novozymes (Denmark), DSM (Netherlands), DowDuPont (US), and Chr. Hansen (Denmark).

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Overall, the food enzymes market is projected to witness significant growth during the forecast period. With the increasing demand for food products in retail outlets, manufacturers are focusing on utilizing feed additives to shorten the production time and offer premium-quality products. These factors are projected to contribute to the growth of the market significantly.

Key Questions Addressed by the Report:

• What are the products that the food enzymes 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 food enzymes manufacturers are focusing for the future?
• What are the high-growth opportunities in the food enzymes market in each segment?
• What are the key growth strategies adopted by the major market players in the food enzymes market?

Food Inclusions Market: Growth Opportunities and Recent Developments

The food inclusions market is estimated at USD 10.74 billion in 2018. It is projected to reach USD 15.78 billion by 2023, at a CAGR of 8.0%. The growth in the market is attributed to functional properties of food inclusions along with enhanced product appeal; clean label, non-GMO, and allergen-free inclusions; and taste trends and responsive development of new flavor profiles offering new avenues for growth. The chocolate segment is projected to dominate the global market through the forecast period. The market for chocolate inclusions is largely driven by its flavor popularity and consumer inclination toward chocolate components in food products such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products.

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In 2018, the chocolate segment is estimated to account for the largest share, by type, in the food inclusions market, in terms of value. Chocolate is among the most preferred and popular flavors among consumers, worldwide, and is a major factor that is expected to drive significant consumption of chocolate inclusions in the food & beverage industry. The use of chocolate inclusions adds gloss and enhances the taste of products, while also enhancing other organoleptic properties. Thus, the use of chocolate inclusions in varieties of food applications such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products is expected to drive the market.

Cereal products, snacks, and bars are estimated to form the major application in which food inclusions are most widely used. The consumption of various types of food inclusions in this application is largely attributed to the multiple benefits these inclusions add to the products in this category, such as addition of required flavors (fruit, chocolate, caramel, and nut), enhancement in product appearance in terms of color and visibility, and provision of required textures to products. Further, the use of inclusions enhanced the product value, both in terms of nutritional aspects as well as consumer requirements that drive the use of food inclusions in this segment.

The European market is estimated to account for the largest share in 2018. This can primarily be attributed to factors such as the region’s large-scale production and domestic consumption of food inclusions, which is fueled by food & beverage manufacturers’ urge for product innovation with the use of novel ingredients to cater to consumer indulgence. The market in Asia Pacific is projected to grow at the highest CAGR, owing to the rise in consumption of inclusions and their innovative usage in line with the flavor profile and other consumer requirements, along with the Westernization of diets. The resultant increase in the final price of end products acts as a restraint for the growth of this market.

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Key players such as Cargill (US), Tate & Lyle (UK), Kerry (Ireland), ADM (US), Barry Callebaut (Switzerland), AGRANA (Austria), Sensient Technologies (US), Inclusion Technologies (US), Georgia Nut Company (US), Taura Natural Ingredients (New Zealand), and Nimbus Foods (UK) adopted expansions & investments, acquisitions, new product launches, and joint ventures & partnerships with other players to strengthen their business, explore new & untapped markets, expand in local areas of emerging markets, and develop a new customer base for long-term client relationships.

Target Audience:

• R&D institutes and centers
• Raw materials suppliers to food inclusion manufacturers
• Food inclusion manufacturers
• Food inclusion distributors and traders
• Food & beverage manufacturers
• Regulatory bodies

Rapid Test Market Projected to Garner Significant Revenues by 2022

The report “Rapid Test Market (Services) by Technology (PCR, Immunoassay, HPLC, GC-MS, LC-MS/MS), Contaminant (Pathogens, Meat speciation, GMO, Allergens, Pesticides, Mycotoxin, Heavy Metals), Food Tested (Processed, Crops), and Region – Global Forecast to 2022″, The rapid test market, in terms of value, was valued at USD 10.14 Billion in 2016. It is projected to reach USD 15.71 Billion by 2022, at a CAGR of 7.7% from 2017. The market is driven by factors such as an increase in the requirement for a rapid test results to enhance productivity, increase in product recalls due to stringent regulations, growing incidences of foodborne illness, and globalization of food trade. Growing consumer awareness for food safety and increasing involvement of government & non-government bodies to deliver safe food products to consumers provides new growth opportunities for market players.

The objectives of the study are:

• To define, segment, and forecast the size of the rapid test market with respect to contaminant, technology, food tested, and region
• To analyze the market structure by identifying various subsegments of the rapid test market
• To forecast the size of the market and its various submarkets with respect to four main regions, namely, North America, Asia Pacific, Europe, and the Rest of the World (RoW)
• To provide detailed information about crucial factors that are influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To strategically profile key players and comprehensively analyze their market share and core competencies
• To analyze competitive developments such as expansions & investments, acquisitions, new product/service & technology launches, agreements, collaborations, and partnerships in the rapid test market

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PCR-based segment projected to grow at the highest CAGR, by technology, from 2017 to 2022

PCR is the dominant rapid test technology applied in food testing; the market for the same is projected to grow at a significant rate in the next five years. The market for PCR-based technology in rapid test is growing due to the automated, faster, and accurate results with low level of detection.

Meat & seafood products segment projected to grow at the highest CAGR, by food tested, from 2017 to 2022

Meat & seafood products are tested by means of rapid test technologies for various contaminants. Meat speciation testing, in its different forms, is a routine practice conducted to safeguard consumer interest and health, especially against malpractices such as adulterations. This segment is expected to grow at a high rate primarily due to increasing stringency of regulations for meat products along with increasing cases of contaminated meat.

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Significant growth for rapid test is observed in the Asia-Pacific region

The requirement for rapid test has grown in the region in recent years, owing to an increase in consumer awareness in the Asia-Pacific region regarding the safety of food products. The growth in this market is fueled by the economic development in countries such as China and India. Food safety procedure compliance in Europe (a major importer) is severe, and in order to hold the food trade, Chinese food producers have to comply with the food standards and regulations. China is a potential market for rapid test due to various factors such as unhygienic food practices, human negligence, regulatory violations, and fraudulent practices growing incidences of foodborne illness due to contaminated food.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. More than 240 developments were tracked for the 25 companies in the market. It includes the profiles of leading companies such as SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins (Luxembourg), and TUV SUD (Germany).

Food Extrusion Market to Record Steady Growth by 2022

The report “Food Extrusion Market by Extruder (Single Screw, Twin Screw, and Contra Twin Screw), Process (Cold and Hot), Food Product (Savory Snacks, Breakfast Cereals, Bread, Flours & Starches, and Textured Protein), and Region – Global Forecast to 2022″, The food extrusion market, by food product and equipment, is projected to reach a value of USD 68.38 Billion and USD 7.11 Billion by 2022, at CAGRs of 4.26% and 2.41% from 2017 to 2022, respectively. The market is driven by factors such as the growth of the processed food industry, which in turn drives the extruded products industry. The innovations in the food extrusion industry, for example, by designing extrusion equipment that offers increased productivity and reducing the production cost, also drive the food extrusion market.

On the basis of extruder, the global market was led by twin screw extruder, followed by single screw extruder, in 2016. Ease of functionality, low cost of production, better control of process parameters, high level of process flexibility, and remarkable mixing capability are the key features of twin screw extruders.

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The food extrusion market, on the basis of process, is segmented into hot and cold extrusion. The hot extrusion segment accounted for a larger market share in 2016. Rapid high energy transfer into the mass with high-temperature short-time advantages is the key factor for the increasing preference for hot extrusion operations.

On the basis of food product, the savory snacks segment accounted for the largest market share in 2016, followed by breakfast cereals. Extrusion technology gave a phenomenal boost to the snack food industry by increasing the possibility of new shapes and sizes and textures using various raw materials.

The European region was the largest market for the food extrusion equipment market in 2016. This can be attributed to the increase in demand for various extruded food products in the European region. The robust growth of the food industry of Europe is supported by the increased demand for ready-to-eat snacks and other extruded food products. Moreover, many key players have their production plants of extrusion machinery established in this region.

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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 Baker Perkins (UK), Coperion (Germany), Bühler (Switzerland), AKRON TOOL & DIE (US), Groupe Legris Industries (Belgium), Pavan SpA (Italy), Flexicon (US), Triott Group (Netherlands), The Bonnot Company (US), and AMERICAN EXTRUSION INTERNATIONAL (US).

Dairy Testing Market to Witness Unprecedented Growth in Coming Years

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