Upcoming Growth Trends in the Food & Beverage Metal Cans Market

The report "Food & Beverage Metal Cans Market by Material (Aluminum and Steel), Type (2-Piece and 3-Piece), Degree of Internal Pressure (Pressurized Cans and Vacuum Cans), Application (Food and Beverages), and Region - Global Forecast to 2025",  According to MarketsandMarkets, the food & beverage metal cans market is estimated to be valued at USD 27.6 billion in 2020 and is projected to reach USD 37.0 billion by 2025, recording a CAGR of 6.1%. The rapid growth in awareness toward environmental sustainability and recyclable properties of metal cans are the driving factors for the food & beverage metal cans market.

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By material, the aluminum segment is projected to account for the larger share in the food & beverage metal cans market

The aluminum segment is projected to dominate the market, on the basis of material, during the forecast period. This is attributed to the cost-effectiveness and recycling rates of aluminum. Increasing the use of metal packaging for food & beverages packaging provides a sustainable and environment-friendly solution for packaging in multiple applications. Aluminum cans are convenient to keep in refrigerators and ovens. Changes in consumer preferences are observed for food & beverage packaging. According to the Environmental Protection Agency of the United States (EPA), 1.9 million tons of aluminum packaging was generated for beers and soft drink cans, and 49.2% of aluminum beverage cans were recycled. The metal packaging for the food industry is considered to be safe, which is one of the major factors to support its growth in the market.

By application, the beverages segment accounted for the larger size in the food & beverage metal cans market during the forecast period

Based on the application, the food & beverage metal cans market is segmented into food and beverages. The beverage cans are estimated to account for the larger share, because of the high consumption of carbonated, non-carbonated, and sports & energy drinks. The rise in the consumption of alcoholic beverages leads to the growth of beverage cans market. Moreover, changes in consumer trends toward healthy drinks are driving the market for metal cans during the forecast period.

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

The Asia Pacific food & beverage metal cans market is projected to have higher growth potential in the coming years. A large consumer market and increasing disposable income in India and China are driving the growth of the demand for high-quality metal packaging. Also, China is the hub for the manufacture of metal cans and has sufficient manufacturing plants to meet the demand for food & beverage metal packaging. Moreover, rapid urbanization in countries such as India and China are expected to result in high growth of the food & beverage metal cans market in Southeast Asia during the forecast period.

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This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies such as Crown Holdings, Inc (US), Ball Corporation (US), Silgan Holdings Inc. (US), Ardagh Group (Luxembourg), CAN-PACK S.A. (Poland), Kian Joo Group (Malaysia), CPMC Holdings Limited (China), Huber Packaging Group GmbH (Germany), CCL Industries (US), Toyo Seikan Group Holdings Ltd (Japan), Universal Can Corporation (Japan), Independent Can Company (US), Mauser Packaging Solution LLC (Germany), Visy (Australia), Lageen Food Packaging (Israel), Massilly Holding S.A.S (France), P. Wilkinson Containers Ltd. (UK), Unimpack (Netherlands), Müller und Bauer GmbH (Germany), and Allied Cans (Canada).

Recent Developments:

• In April 2019, Crown Holdings, Inc. announced the launch of round and square shorter cans in the luxury packaging market. This will help the company to broaden its product portfolio.
• In August 2019, Ball Corporation signed an agreement to sell its tinplate steel aerosol packaging facilities to Envases del Plata (Argentina), an Argentinian metal packaging company. This agreement will help the company to expand its reach in the South American region.
• In October 2019, Ball Corporation announced the construction of its new aluminum cups manufacturing plant in Rome, Georgia to cater to the growing demand for beverage packaging in the US. This new plant will help the company expand its presence in the US region.
• In July 2019, Ardagh Group launched a slimline 187 ml can particularly designed for protecting wine and wine-based drinks. This launch would help the company to expand its product portfolio.

Upcoming Growth Trends in the Organic Feed Market

 The global organic feed market size is estimated to be valued at USD 6.8 billion in 2019 and is projected to grow at a CAGR of 6.8% from 2019 to reach a value of USD 10.1 billion by 2025. The increasing instances of animal product contamination due to pesticides and insecticides, rising demand for organic food products, growing organic livestock farming, and adaption of organic farming practices by farmers due to the increasing health concerns among consumers are some of the key factors that are projected to drive the growth of the global organic feed market. Developing countries in Asia Pacific and South American regions are projected to create lucrative growth opportunities for organic feed manufacturers in the coming years.

By type, the cereal & grains segment is projected to dominate the organic feed market during the forecast period.

The cereals & grains segment is estimated to account for the largest share, on the basis of type, in the organic feed market in 2019. Cereals and grains include wheat, corn, and barley. The high growth in the Asia Pacific region is attributed to the increasing awareness about the benefits of feeding organic cereals and grains to livestock, to maintain their nutrient requirements and enhance their growth, and fulfill the rising demand for organic food. High availability of cereals and grain crops in Europe and Asia Pacific due to the increasing organic farmland practices in most of the countries in the region is also one of the key factors driving the growth of the segment.

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By livestock, the poultry segment is projected to dominate the organic feed market during the forecast period.

The poultry segment, on the basis of livestock, is estimated to account for the largest share in the organic feed market in 2019. The poultry industry is the largest and also the fastest-growing sector that witnesses high organic production. Poultry meat is consumed across regions, and unlike beef and swine, it does not have any religious constraints. The increasing concerns about animal health and the rising awareness pertaining to the benefits of organic feed feedstuffs have contributed to the growth of this market. Due to the increase in organic poultry production and the rise in demand for organic meat, the meat producers are focusing on investing in organic rearing of livestock to produce meat, dairy, and other by-products from animals.

North America is projected to be the largest market during the forecast period.

North America is projected to be a key revenue generator for organic feed manufacturers due to the increased demand in the US. North America witnesses various key players operating in the organic feed market. These include Cargill (US), SunOpta (Canada), and Purina Animal Nutrition LLC (US). The demand for organic feed products remains high in the poultry segment in the region. The US is among the largest producers and consumers of corn, wheat, and soybean at a global level. These ingredients are majorly used in the feed industry, as they increase their nutrient quotient. Due to the rising consumer preferences for natural ingredients, the demand for these ingredients is projected to increase in the coming years.

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In Canada, some of the small scale players are focusing on offering organic feed for poultry, swine, and ruminants. In Mexico, the demand for organic poultry products, such as eggs and poultry meat, is projected to create lucrative opportunities for organic feed manufacturers. Milk is also projected to increase the demand for organic feed products among ruminant livestock, as consumers opt for organic dairy products in the region. Thus, North America is projected to offer high growth prospects for organic feed manufacturers in the coming years.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies, in the organic feed market. It consists of the profiles of leading companies, such as Cargill (US), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Ranch-Way Feeds (US), Aller Aqua (Denmark), Purina Animal Nutrition LLC (US), Scratch and Peck Feeds (US), Cargill (US), K-Much Feed Industry Co., Ltd (Thailand), The Organic Feed Company (UK), B&W Feeds (UK), Feeddex Compaies (US), Country Junction feed (US), Green Mountian Feeds (US), Unique Organic (US), Kreamer Feed (US), Yorktown Organics, LLC (US), and Hi Peak Feeds (UK).

Bioinsecticides Market: Growth Opportunities and Recent Developments

The global bioinsecticides market size is projected to grow at a CAGR of 15.8% from an estimated value of USD 2.2 billion in 2020 to reach USD 4.6 billion by 2025. The increasing area under organic cultivation and growing concerns toward the impact of pesticide use on biodiversity is leading to the growth of the bioinsecticide industry.

The role of Integrated Pest Management (IPM) practices in biological crop protection has been gaining importance worldwide. The government has been supportive of the adoption of bioinsecticides through imposing laws and policies, which are in sync with the sustainability of the environment. Strategic developments such as expansions, new product launches, collaborations, and agreements have been adopted by the majority of key players to strengthen the bioinsecticides market.

Report Objectives:

• To describe, segment, and project the global market size for the bioinsecticides market
• To offer detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To evaluate the micro-markets, concerning individual growth trends, prospects, and their contribution to the total bioinsecticides market
• To propose the size of the submarkets, in terms of value, for various regions
• To profile the major players and comprehensively analyze their core competencies
• To understand the competitive landscape and identify the major growth strategies adopted by the players across key regions
• To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements

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Fruits & vegetables are estimated to form the most important segment in the bioinsecticides market.

Fruits & vegetables form the fastest-growing segment in the bioinsecticides industry. There is high growth in the cultivation of greenhouse high-value crops. The demand for high-quality crops with no residue and an increase in demand for organic food is driving the market growth. With the increasing cultivation, heavy infestation of insect pests in the crops is witnessed, which deteriorates the quality and overall appearance of the produce. This results in a huge loss of crops, leading to a decline in the economy of the countries, especially those that significantly rely on agriculture. Therefore, farmers have been using the bioinsecticides in combination with conventional chemicals, which has helped them in achieving no residue crops with internationally accepted standards.

Foliar spray is estimated to be the fastest-growing segment in the bioinsecticides market.

Foliar spray is projected to be the largest-growing segment during the forecast period from 2020 to 2025. Foliar spray is widely used across the world, due to its easiness and safety in application. It can be applied to the infected area for fairly quick results when compared to other methods. The handling of bioinsecticides in foliar spray has been seamless for farmers, especially in high-value crops. The long shelf-life of foliar spray formulation demands less maintenance, which is driving the growth of the bioinsecticides market.

The increasing demand for bioinsecticides in the North American region is projected to drive the market.

The North American region accounted for the majority of the global bioinsecticides market share in 2019. The US is one of the leading countries for the export of various fruits and vegetables. Consumers are shifting their eating habits to residue-free crop produce. An increase in the awareness of pesticide residue levels in crops is driving the adoption of bioinsecticides. Also, the huge presence of companies in the US has led to investments and research on biological crop protection products.

Key Market Players:

Key players in the bioinsecticides market include BASF SE (Germany), Syngenta AG (Switzerland), Marrone Bio Innovations (US), Bayer AG (Germany), Novozymes (Denmark), and Nufarm (Australia).

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Recent Developments:

• In March 2020, Marrone Bio Innovations signed an agreement with Anasac (Chile) to develop and distribute Grandevo and Venerate bioinsecticide in Chile.
• In March 2020, Andermatt Biocontrol AGs’ Madex Top product was approved to be used in Sweden and Israel, to control codling moth in pome fruit orchards.
• In October 2019, Nufarm opened a new manufacturing facility in Greenville, Mississippi, US, which will allow the company to support its expanding portfolio and provide customers with high-quality crop protection products.
• In July 2019, a new biological insecticide named Velifer was launched by BASF SE for pest control in vegetable crops, registered for use in Australia.
• In March 2019, Syngenta AG launched its first bioinsecticide, Costar, in Portugal. The formulation is based on the strain of Bacillus spp., for use in more than 50 crops in European countries.

Phosphine Fumigation Market to Showcase Continued Growth in the Coming Years

 The global phosphine fumigation market has grown exponentially in the last few years. The market size is projected to reach USD 684.19 Million by 2022, at a CAGR of around 5.46% from 2017. Factors such as increase in awareness about advanced modes of application of fumigation technology, increasing insect population due to climatic changes, and phasing out of methyl bromide fumigants are expected to drive the market growth. There is high growth potential in developing markets such as Brazil and India, which provides new development opportunities for market players.

The phosphine fumigation market, on the basis of type, has been segmented into aluminum phosphide, magnesium phosphide, calcium phosphide, and others. The aluminum phosphide segment is projected to grow at the highest CAGR during the forecast period. It is used as an alternative for methyl bromide fumigant and is comparatively less costly than methyl bromide. The demand for aluminum phosphide is projected to increase owing to the rapidly growing agrochemical industry. Furthermore, the increased agriculture production has led to increased warehousing facilities, which has fueled the demand and usage of aluminum phosphide to protect the stored agriculture produce.

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The phosphine fumigation market, based on application, has been segmented into stored processed food, raw agricultural commodities, warehouse, and others. The warehouse segment accounted for the largest share of the market in 2016. Warehouses are generally used to store food grains or processed food which is highly susceptible to insect infestations and this is one of the main reasons for the usage of phosphine fumigants which has led to warehouse segments being one of the fastest growing segment in the phosphine fumigation industry. The warehouse segment in the phosphine fumigation market is projected to grow at the highest CAGR from 2017 to 2022.

The market has been segmented on the basis of form. The solid segment is projected to grow at the highest CAGR from 2017 to 2022. Solid fumigation is carried out by sprinkling tablets, powders, or pellets of measured quantities of fumigants. Solid fumigants are easy to use, safer than gaseous fumigants, and are less harmful to the environment.

The Europe is one of the key region for the phosphine fumigation market. The technological advancements in storage and farming, as well as increase in the production of cereals and grains drives the growth of European phosphine fumigation market. Countries in this region are focusing on sustainable agriculture to meet the demand for high-quality crops.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. These leading companies include Cytec Solvay Group (U.S.), United Phosphorus Ltd. (U.S.), Nufarm Limited (Australia), and Degesch America, Inc. (U.S).

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Target Audience:

• Government and research organizations
• Associations and industrial bodies
• Traders, distributors, and retailers
• Agriculture & farming industry
• Phosphine manufacturers and suppliers
• Regulatory institutions
• Food safety agencies
• Pesticide traders/suppliers

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.

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

Latest Regulatory Trends Impacting the Potato Processing Market

The report “Potato Processing Market by Type (Frozen, Chips & Snack Pellets, Dehydrated), Application (Snacks, Ready-to-cook & Prepared Meals), Distribution Channel (Foodservice and Retail), and Region – Global Forecast to 2022″, The global potato processing market was valued at USD 22.74 Billion in 2016 and is projected to reach USD 30.85 Billion by 2022, at a CAGR of 5.3% during the forecast period. The market for potato processing is showing a significant growth due to the rise in demand for applications such as snack foods and prepared ready meals and with the increase in consumer preferences for convenience foods to save time and efforts. Increase in the number of retail channels such as hypermarkets and supermarkets, rapid growth of the fast food industry, industrialization policies (such as the FDI and the establishment of Export Processing Zones) adopted by governments of developing economies such as India and China are also expected to drive the growth of the potato processing market during the forecast period.

Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits. Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market.

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On the basis of type, the market has been segmented into frozen, chips & snack pellets, dehydrated, and others (canned potato, potato granules, flour, and starch). The frozen segment dominated the global potato processing market, and this trend is expected to continue through the forecast period. Frozen potato products are highly consumed owing to the increase in demand for french fries, served in restaurants and fast food chains, worldwide. The expansion of Quick Service Restaurants (QSRs) such as KFC, Pizza Hut, and McDonald’s in countries such as India and China, is expected to fuel the demand for frozen potato products during the forecast period. The chips & snack pellets segment was the second-largest due to the growing popularity of potato chips among young population and ease of availability.

The global market has been segmented on the basis of distribution channel into foodservice and retail. Potato processing have been gaining importance in the foodservice segment due to the growth of food delivery channels and increase in demand for fast food. Apart from the demand from full-service and quick service restaurants, increase in the number of national and international brands in the hotel industry is expected to drive the demand for potato products in the foodservice industry during the forecast period.

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The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The most dominant factor in the region affecting the potato processing market is the dense population across most of the countries, coupled with the high production of potatoes. Government policies such as foreign direct investment (FDI) in developing economies, along with an increase in the number of business deals such as mergers, acquisitions, and investments, have assisted in the development and the growth of value-added potato processing products. The tremendous growth is majorly observed in the processed potato industry of Southeast Asia. Growing urbanization in countries such as China and India is supporting the growth of the potato chips market in this region.

This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Lamb Weston Holdings, Inc. (U.S.), The Kraft Heinz Company (U.S.), McCain Foods Limited (U.S.), J.R. Simplot Company (U.S.), Agristo NV (Belgium), Farm Frites International B.V. (Netherlands), AGRANA Beteiligungs-AG (Austria), J.R. Short Milling Company (U.S.), Intersnack Group GmbH & Co. KG (Germany), Idahoan Foods, LLC (U.S.), and Aviko B.V. (Netherlands).