Medicated Feed Additives Market: Growth Opportunities and Recent Developments

 The report "Medicated Feed Additives Market by Type (Antioxidants, Antibiotics, Probiotics & Prebiotics, Enzymes, Amino Acids), Livestock (Ruminants, Poultry, Swine, Aquaculture), Mixture Type, Category, and Region - Global Forecast to 2022", The global medicated feed additives market is projected to grow at a CAGR of 5.41% from 2016 and reach USD 15.32 Billion by 2022. The market is driven by factors such as the growing consumption of meat and dairy products, shift of the livestock industry from an unorganized sector to an organized one and growing concerns about the health of livestock and industrialization of animal processed products. Moreover, the growing global population drives the meat consumption growth over the forecast period in developing countries thereby driving the growth of the medicated feed additives market. As a result, many multinational players have entered into the production of various products of medicated feed additives that protects the health of the animal and provides nutritional ingredients.

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On the basis of livestock, the poultry segment is estimated to dominate the medicated feed additives market in 2016. On a global level, the poultry production has been increasing with the rise in consumption of poultry products; it has become important for meat producers to focus more on the quality of additives fed to these birds. This boosts the medicated feed additives market to provide complete nutritional feed for poultry birds.

On the basis of mixture type, the supplements segment accounted for the largest market share in 2015. Supplements include trace elements and micro feeds such as protein supplements, which are included in animal diet to overcome deficiencies.. They are a concentrated source of nutrients and therefore have higher nutritive value than fibrous fodder, making them the most preferred mixture type for medicated food additives.

The Asia Pacific region accounted for the major market share for medicated feed additives between 2016 and 2022. Asia Pacific records the maximum consumption of medicated feed additives due to the increase in population and rise in disposable income. Key players focus on research & developments to develop products conforming to European regulations for medicated feed additives, since these regulations are considered to be benchmarks in terms of certain feed additives such as antibiotics.

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This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Archer Daniels Midland Company (U.S.), Cargill (U.S.), CHS Inc. (U.S.), Zoetis Inc. (U.S.), and Purina Animal Nutrition (Land O’ Lakes) (U.S.); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Adisseo France SAS (France), Alltech Inc. (Ridley) (U.S.), Zagro (Singapore), Hipro Animal Nutrition (Turkey), and Biostadt India Ltd. (India).

Targeted Audience:

• Supply side: Medicated feed ingredients manufacturers, formulators, traders, distributors, and suppliers
• Demand side: Animal feed manufacturers, food processing industries, feed producers, large animal husbandry companies, large-scale ranches & poultry farms, and researchers
• Other related associations, research organizations, and industry bodies: the Food and Agriculture Organization (FAO), the International Feed Industry Federation (IFIF), Agriculture and Agri-Food Canada.

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).

This report is targeted at the existing players in the industry, which include the following:

• Regulatory and research organizations
• Raw material producers, suppliers, and distributors
• Food extruder equipment manufacturer, traders, distributors, and dealers
• Extruded food manufacturers, traders, distributors, and dealers

Plasma Feed Market Growth Opportunities by 2025

The report “Plasma Feed Market by Source (Porcine, Bovine, and Others), Application (Swine Feed, Pet Food, Aquafeed, and Others (Includes Ruminant and Poultry Feed)), Region (North America, Europe, Asia Pacific, and Rest of the World) – Global Forecast to 2025″, The plasma feed market is projected to reach USD 2.9 billion by 2025, from USD 2.1 billion in 2019, at a CAGR of 5.7% during the forecast period. The use of animal-derived plasma proteins as the replacement for antibiotics in feed drives the market for plasma feed.

Based on the source, the porcine segment is projected to be the larger contributor to the plasma feed market during the forecast period

The plasma feed market has been segmented, based on source, into porcine, bovine, and others, which includes sheep, goat, and poultry. The market for porcine plasma feed is projected to record a higher market share between 2019 and 2025. Porcine blood meal offers various health benefits to animals and is used significantly in poultry and porcine feed. For instance, as per the National Center for Biotechnology Information (NCBI), “pigs fed diets containing porcine plasma had greater average daily feed intake (ADFI) and average daily growth (ADG).”

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Plasma feed is projected to be used majorly in pet food during the forecast period

The major factor for the higher adoption of plasma feed in pet food is anticipated because the tendency of people to humanize pets and treat them like their family members has resulted in the high demand for better quality pet food. The trend for the use of natural and bioactive products is very prevalent in the pet food industry. This is attributed to factors such as the expansion of the pet population, customer attitudes toward their pets as companions or family. As per Darling Ingredients, one of the major brand engaged in the production of plasma feed products quoted that plasma protein is a natural and sustainable source for pet food. It has several advantages such as water binding capacity, emulsifying properties, and palatability, which in turn drives the market for plasma feed among pet food manufacturers.

The Asia Pacific is projected to dominate the plasma feed market by 2025.

The Asia Pacific accounted for the largest share in the global plasma feed market for in 2018, and the market is projected to grow at the highest CAGR during the forecast period. China is the major reason for the dominance of Asia Pacific in the global plasma feed market, wherein China is one of the largest consumer and producer of overall meat products. China accounted for the highest share in the number of pigs slaughtered in 2017, which makes it the dominant market for porcine-based plasma feed. The Asia Pacific region is projected to be the fastest-growing market for the period considered for this study. The region’s growing concentration of animal slaughtering and increased demand for animal-based food products poses a strong potential for plasma feed manufacturers.

This report includes a study of the development strategies, along with the product portfolios of leading companies such as Darling Ingredients Inc. (US), The Lauridsen Group Inc. (US), SARIA Group (Germany), Sera Scandia (Denmark), Lican Food (Chile), Puretein Agri LLC. (US), Veos Group (Belgium), Kraeber & Co Gmbh (Germany), Rocky Mountain Biologicals (US), Lihme Protein Solutions (Denmark), EcooFeed LLC (US), and FeedWorks (Australia).

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Critical questions the report answers:

• Where will all these developments take the industry in the mid-to-long term?
• What are the upcoming commercial prospects for the plasma feed market?
• What is the impact of high capital investment on the plasma feed market?
• What are the new technologies introduced in the plasma feed market?
• What are the latest trends in the plasma feed market?

Latest Regulatory Trends Impacting 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.

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.

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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.

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).

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Recent Developments:

• 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.
• 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.
• 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.

Bread Improvers Market to Witness Unprecedented Growth in Coming Years

According to MarketsandMarkets, the global bread improvers market is estimated to be valued at USD 3.3 billion in 2019 and is projected to reach USD 4.7 billion by 2025, recording a CAGR of 5.7%, in terms of value. The rising consumption of bread and bread products has led to the growth of bread improvers market. Also, the increasing awareness about health and food safety is fueling the demand for whole wheat and multigrain breads, which is helping market growth. Bakery manufacturers are innovating their products to meet the changing functional requirements of the consumers. All these factors are contributing to the growth of bread improvers market.

Report Objectives:

• To describe and forecast the bread improvers market, in terms of type, form, application, ingredient, and region
• To describe and forecast the bread improvers market, in terms of value, by region–North America, Europe, Asia Pacific, South America and the Rest of the World—along with their respective countries
• To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
• To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
• To study the complete value chain of the bread improvers market
• To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the bread improvers market

By ingredient, the emulsifiers segment is projected to account for the largest share in the bread improvers market during the forecast period

The emulsifiers segment, by ingredient, is projected to dominate the market during the forecast period. Emulsifiers are used in the manufacturing of bakery products to reduce the fat content in baked goods. Some of the emulsifiers used in the production of bread improvers are DATEM, diglycerides, lecithin, and monoglycerides. Emulsifiers are easily available at lower costs. Also, emulsifiers, such as lecithin, are being used for the manufacturing of clean-label products, which substantiates the increased dominance of the emulsifiers segment.

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By application, the bread segment accounted for the largest market size in the bread improvers market during the forecast period

The demand for bread improvers is increasing significantly due to the rising demand for different forms of bread. Bread is a prominent food globally, and in many regions, its market has matured. Manufacturers are coming up with fortified and flavored breads for these matured markets. In addition, emerging regions such as Asia Pacific are witnessing a rise in demand for on-the-go breakfast products, which is also driving the market of bread. This is ultimately contributing to the growth of the bread improvers market.

The Asia Pacific region is projected to witness the fastest growth during the forecast period

The bread improvers market in Asia Pacific is projected to witness the highest growth due to the increasing demand for convenience foods due to the busy lifestyles of consumers. There is increasing consumption of on-the-go and ready-to-eat breakfast meals, as a result of urbanization, hectic lifestyles, and high disposable income. This trend is expected to fuel the growth of bread improvers in the region, as the increasing amount of bread and bread products are expected to be consumed. This region also offers scope for product innovation in the bakery industry, as consumers have varied tastes and preferences and look for a variety in rolls and breads. This has offered manufacturers the opportunity to expand their product portfolios. Such market potential is anticipated to impact the bread improvers market positively during the forecast period.

This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies. It consists of profiles of leading companies such as Archer Daniels Midland Company (US), Associated British Foods plc (US), Ireks GmbH (Germany), Oriental Yeast Co., Ltd. (Japan), Fazer Group (Finland), Corbion N.V. (Netherlands), Nutrex N.V. (Belgium), Group Soufflet (France), Puratos Group (Belgium), Lallemand Inc. (Canada), Pak Group (US), InVivo (France), Bakels Worldwide, (Switzerland), Lesaffre (France), and John Watson-Inc (US).

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Key Trends Shaping the Carotenoids Market

The carotenoids market size is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a compound annual growth rate (CAGR) of 4.2%, in terms of value, during the forecast period. Carotenoids are a group of yellow to red pigments, including the carotenes and the xanthophylls, found particularly in plants, algae, and photosynthetic bacteria and certain animal tissues. The increase in the usage of carotenoids as food colorants and the advancements end-user technologies are the major factors that are projected to drive the growth of the carotenoids market.

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The lutein segment is projected to grow at the highest rate during the forecast period

The lutein segment, on the basis of type, is projected to grow at the highest CAGR, in terms of value, during the forecast period. Lutein is synthesized by plants and found in some of the major food items, such as egg yolks, carrot, spinach, kale, squash, grapes, and pepper. It is used in both, human nutrition and animal nutrition products. Its wide acceptability due to its ability to treat age-related eye disorders, including cataracts and macular degeneration, is a key factor driving its demand.

By application, the feed segment is estimated to account for the largest market share in 2019 in the carotenoids market

Carotenoids are extensively used in animal nutrition products due to their coloring properties and are incorporated in feed to pigment the egg yolks, broiler skin, fishes, and crustaceans. These also help in increasing the immunity and improving the health of livestock by enhancing the quality of nutrition. The fertility of cattle, swine, and horses can be improved by feeding beta-carotene, whereas astaxanthin and canthaxanthin help in improving the growth of salmons and larval fishes.

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The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific region is projected to grow at the highest CAGR in the carotenoids market during the forecast period. This is due to the growing application of carotenoids in the health supplements, as they are rich in protein, vitamin, iron, manganese, and antioxidants, which help in preventing cardiovascular diseases and maintaining weight. Asia Pacific offers profitable growth opportunities to manufacturers and suppliers of carotenoids as the processing of carotenoids is cheaper in this region and witnesses a high demand in this region.

The prominent vendors in the carotenoids market include Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US), Dohler Group (Germany), Allied Biotech Corporation (Taiwan), E.I.D Parry (India), Farbest Brands (US), Excelvite Sdn. Bhd. (Malaysia), AlgaTechnologies Ltd. (Israel), Zhejiang NHU Co. Ltd (China), Dynadis SARL (France), Deinove SAS (France), Vidya Europe SAS (France), and Divi’s Laboratories (India).