Rice Seeds Market: Growth Opportunities and Recent Developments

The report "Rice Seeds Market by Type (Hybrid and Open-Pollinated Varieties), Grain Size (Long, Medium, and Short), Hybridization Technique (Two-Line and Three-Line), Treatment (Treated and Untreated Seeds), and Region - Global Forecast to 2023", The rice seeds market is projected to reach USD 7.62 billion by 2023, from USD 5.47 billion in 2018, at a CAGR of 6.85% during the forecast period. The market is driven by factors such as the increasing technological advances in rice breeding, declining prices of hybrid rice seeds, growing adoption of hybrid rice seeds in the developed and developing countries, and rising seed replacement rate for paddy across Asian countries.

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According to the International Seed Federation (ISF), rice accounted for nearly 5% of the global commercial seeds market in 2014. The major seed manufacturing companies have been expanding their product portfolio in Asian countries. Strong support from the government in terms of subsidies for hybrid seeds has encouraged farmers to adopt this technology in developing countries as well. The decline in prices of hybrid seeds, to bridge the difference between hybrids and OPV seeds, has also encouraged key players to invest in the market.

Open-pollinated varieties were estimated to dominate the rice seeds market in 2018. Increasing adoption of hybrid seeds and increasing seed replacement rate across the countries of Asia Pacific, particularly in India, Thailand, China, and Vietnam is projected to impact the market growth; however, due to the high prices of hybrid seeds, its adoption has been limited to these developing countries. According to industry experts, even though the consumption of hybrid seeds has been exponentially increasing, particularly in China and India, and hybrid seeds have been increasingly preferred by farmers, the market is dominated by open-pollinated varieties owing to the high price of the hybrids.

The advent of genetically modified rice seeds was projected to boost the rice seed market, after the success of Bt cotton. Most of the key players have also invested in the development and support of GM rice projects. The Golden Rice Project supported by Syngenta and the development of GM rice seeds by Mahyco was scheduled to be commercialized in the past few years. However, the stringent regulations against GM technology for edible crops have hindered the commercialization of this technology, and multiple projects got shelved due to the regulatory policies.

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Asia Pacific accounted for the largest share in the rice seeds market in 2017, followed by North America due to the high adoption of commercial open-pollinated varieties and hybrid rice seeds over farm-saved seeds to increase rice yield in countries such as China, India, Thailand, and the US. Development of improved hybrid seeds and the subsidy benefits provided by the government to encourage the adoption of hybrid seeds over farm-saved or OPV seeds have contributed to the growth of this market. The major factors restraining the adoption of hybrid seeds are their high cost as compared to OPV seeds and the lack of awareness about the advantages of hybrids on crop yield and profit margins. Also, the lack of skilled professionals and infrastructural facilities in the developing countries for hybridization techniques is projected to hinder the growth potential of this market.

The global market for rice seeds is dominated by key players such as Bayer (Germany), DowDuPont (US), Syngenta (Switzerland), Advanta Seeds (UPL) (India), and Nuziveedu Seeds (India). Some of the emerging players in the rice seed market include Mahyco (India), BASF (Germany), Kaveri Seeds (India), SL Agritech (Philippines), Rasi seeds (India), Rallis (India), JK Seeds (India), Hefei Fengle (China), LongPing (China), Guard Agri (Pakistan), and National Seeds Corporation (India).

Snack Pellet Equipment Market Growth by Emerging Trends, Analysis, & Forecast to 2025

The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2%. The snack pellet segment is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, the increasing consumer preference for processed foods contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, has contributed to the growth of the snack pellet equipment market. Easy availability is also one such factor, which significantly impacts the consumption and demand for snack pellets.

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By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019.

On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.

The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.

Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.

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North America is estimated to dominate the snack pellet equipment market in 2019.

North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).

Biostimulants Market Growth by Emerging Trends, Analysis, & Forecast to 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.

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The seaweeds extracts segment is projected to grow at the highest rate during the forecast period.

Extracts from marine algae, known as seaweed extracts, are marketed to be used in the agriculture industry. Intensive research on biostimulants and plant nutritional products has increased the awareness pertaining to the benefits of seaweed extracts in agriculture. Application of seaweed extracts in agriculture not only reduces the side effects of harmful agrochemicals but also helps in protecting the environment. High marine culture and seaweed production in the Asian countries is projected to drive the seaweed extracts segment in this region, wherein low-value production of seaweed extracts by the Indian and Chinese domestic players can be observed.

The foliar treatment segment is estimated to dominate the biostimulants market in 2019.

Foliar spray application is one of the most widely used methods of using biostimulants, to maximize production efficiency. The direct application on leaves through the foliar application method is considered the most effective way of supplying nutrients to plants, resulting in the rapid absorption and enhancement of micronutrient intake in each part of the shoots and roots. Moreover, the foliar application method is found to be a highly effective way of utilizing biostimulants for fruit & vegetable crops.

Asia Pacific is projected to witness the highest growth in the biostimulants market during the forecast period.

The global market was dominated by Europe, in terms of value, in 2018, due to the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic-based active ingredients. However, the demand for biostimulants in developing regions such as Asia Pacific and South America has significantly increased. According to FAOSTAT, in 2016, the Asia Pacific occupied 36.4% of the global agriculture land. The agriculture industry in Asia, particularly in the Southeast Asian countries, has witnessed effective transformation due to various technological advancements. Significant adoption of biostimulants can be witnessed in China, India, Australia, Japan, and Indonesia. Moreover, commercial seaweed cultivation provides further growth opportunities in the region. Innovative companies such as Sea6 Energy (India) are exclusively offering seaweed-based biostimulants along with technological platforms such as TARMA and SPURT.

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Key Market Players:

There are many domestic and global players that provide biostimulants for a wide range of crops across the world. Major manufacturers are based in Europe and Asian countries. In multiple regions, due to unclear regulation, an ambiguity exists between biostimulants and biofertilizers. Hence, the scope of this report includes a detailed study of those biostimulant manufacturers, whose portfolios mention the products as biostimulants. Key companies in the global market are BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), Koppert Biological Systems (Netherlands), Acadian Seaplants (Canada), UPL (India), and Biolchim (Italy). Various strategies such as acquisitions, joint ventures, and new product launches were adopted by the companies to enter the biostimulants market.

Latest Regulatory Trends Impacting the Frozen Food Market

The report "Frozen Food Market by Product (Fruits & Vegetables, Dairy, Meat & Seafood), Type (Raw Material, Half Cooked), Consumption, Distribution Channel, And Region (North America, Europe, Asia Pacific, South America, And Mea) - Global Forecast To 2025", The frozen food market is estimated to account for about USD 244.3 billion in 2020 and is projected to reach a value of nearly USD 312.3 billion by 2025, growing at a CAGR of 5.0% from 2020. The retail food industry has witnessed significant growth over the past few years, globally. The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form an important growing outlet for frozen food products, owing to the latest trend of on-the-go consumption. The rising per capita income and increasing number of working women, globally, have further accelerated the market growth.

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By product, the convenience food & ready meals, segment is estimated to account for the largest share in the frozen food market in 2020.

On the basis of product, the convenience food & ready meals segment is estimated to dominate the frozen food market in 2020. This is due to the increasing consumer preference toward convenience foods, which indirectly favors the increasing demand for frozen products, as they require less time and efforts. The processed food market is driven by the greater need for convenience due to the busy lifestyles of consumers. This, in turn, increases the demand for frozen products. Increasing disposable income is also one such factor that had a huge influence on the growth of the frozen food market, as it increases the buying power of the consumers.

The frozen food market is witnessing strong growth due to the developments in the retail landscape.

The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form a significant growing outlet for frozen food products, owing to the latest trend of on-the-go consumption. With this, the supermarkets are also able to capture their share in the frozen bakery food market, as a result of the increasing demand for exotic vegetables and fruits and in-house bakers. This trend is driving the frozen food market, especially the frozen bread market.

Europe accounted for the largest share in the frozen food market

Europe accounted for the largest market share in the market. Population growth, rapid urbanization, and the rise in consumer awareness about the benefits of frozen food are the key factors driving the demand for frozen food in the region.

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Key Market Players

The key players in this market include General Mills Inc (US), Conagra Brands, Inc. (US), Grupo Bimbo S.A.B. de C.V. (Mexico), Nestle SA (Switzerland), Unilever (Netherlands), Kellogg Company (US), McCain Foods Limited (Canada), Kraft Heinz Company (US), Associated British Foods plc (UK), Ajinomoto (Japan), Vandemoortele NV (Belgium), Lantmannen Unibake International (Denmark), Cargill (US), Europastry S.A. (Spain), JBS (Brazil), Kidfresh (US), Aryzta (US), Kuppies (India), OOB Organics (New Zealand), Omar International Pvt Ltd (India), Bubba Foods (US), Shishi He Deming (China), and Smart Price Sales & Marketing (US), Chevon Agrotech Pvt Ltd (India), and Omar International Pvt Ltd (India).

Specialty Fertilizers Market to Showcase Continued Growth in the Coming Years

The report "Specialty Fertilizers Market by Type (UAN, CAN, MAP, Potassium Sulfate, and Potassium Nitrate), Application Method (Soil, Foliar, and Fertigation), Form (Dry and Liquid), Crop Type, Technology, and Region – Global Forecast to 2025", The global specialty fertilizers market is estimated to be valued at USD 37.6 billion in 2020 and is projected to reach a value of USD 51.3 billion by 2025, growing at a CAGR of 6.4% during the forecast period. Factors such as the rise in demand for high-efficiency fertilizers and an increase in crop varieties are projected to drive the growth of the specialty fertilizers market.

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By crop type, the fruits & vegetables segment is projected to be the fastest-growing segment in the market during the forecast period.

The trend of consuming fruits has witnessed a growth in the past two decades, and this trend is projected to continue in the coming years. According to the FAO, China is the largest producer of fresh fruits and vegetables, which has surpassed the production and growth in the US and India in 2018. The increasing exports of fruits & vegetables have also led to an increase in the crop plantation area, which has resulted in a rise in their production levels. Hence, the crop protection chemicals market for fruits & vegetables is projected to witness significant growth. This, in turn, is projected to drive the market.

By type, the urea-ammonium nitrate segment is projected to dominate the market during the forecast period.

UAN is considered to be an excellent irrigation fertilizer for cereal production and irrigated plant cultivation. It is basically used before plowing the field, which helps in enhancing its degradation. Solutions of urea ammonium nitrate (UAN) are widely used as a source of nitrogen for plant nutrition. In combination with plant protective agents, it is mixed in the irrigation water for irrigated plant cultivation. Fluid fertilizers are blended together to meet the specific needs of a crop. Its advantage is that it contains both fast (nitrate-nitrogen) and slow (ammonium nitrogen and amide nitrogen) components, just as ammonium nitrate and urea.

By application method, the fertigation segment is projected to be the fastest-growing segment in the market during the forecast period.

Fertigation is an agricultural technique, which includes water and fertilizer application through irrigation. This process provides an opportunity to maximize the yield and minimize environmental pollution. Moreover, through fertigation, a farmer can uniformly apply nutrients throughout the field, whenever required. This market is projected to grow due to the adoption of efficient irrigation systems globally. The advantage of fertigation is that it requires less labor, time, energy, and water. This mode of application is gaining importance due to its reliability and efficacy. However, to get the desired results using this method, proper knowledge of the system and efficient management are required. Fertigation is used in fields of row crops, horticultural crops, fruit crops, vegetable crops, and ornamental & flowering crops. There has been a shift in farming practices toward holistic approaches that include both fertilizer and water application techniques, which is a key factor that is projected to drive the growth of this market in the next six years, particularly in North America and Europe.

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South America is projected to grow at the highest CAGR during the forecast period.

The market for specialty fertilizers in the South America region is projected to grow at the highest CAGR from 2020 to 2025. According to FAOSTAT, Brazil is the largest producer of agricultural products due to the availability of abundant land and rural labor force, followed by Argentina. The growth in South America is majorly attributed to the increase in the adoption of agrochemicals and advancements in farming techniques in Brazil and Argentina with distribution channels established by global agrochemical players. Due to these factors, the market in the South America region is projected to record the highest growth from 2020 to 2025.

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 liquid fertilizers market. It includes the profiles of leading companies, such as Nutrien, Ltd.(Canada), Yara International ASA (Norway), Israel Chemical Ltd. (Israel), K+S Aktiengesellschaft (Germany), Sociedad Química Y Minera De Chile (SQM) (Chile), The Mosaic Company (US), EuroChem Group (Switzerland), CF Industries Holdings, Inc. (US), OCP Group (Morocco), OCI Nitrogen (Netherlands), Wilbur-Ellis (US), Kugler (US), Haifa Group (Israel), COMPO Expert GmbH (Germany), AgroLiquid (US), Plant Food Company, Inc. (US), Coromandel International Ltd (India), and Deepak Fertilizers & Petrochemicals Corporation Ltd. (India), Nufarm (Australia), and Brandt (US).

Upcoming Growth Trends in the Dietary Supplements Market

According to MarketsandMarkets, the global dietary supplements market size was valued at USD 136.2 billion in 2020 and projected to reach USD 204.7 billion by 2026, recording a CAGR of 7.0% during the forecast period. The market for dietary supplements is increasingly driven by shifting consumer preferences, rising health awareness, growing geriatric population, and adoption of a healthy diet. The convergence of major industry trends is giving rise to new opportunities for key players in the industry. Changing lifestyles and dietary habits is one of the major factors driving the demand for dietary supplements. The growing positive outlook towards sports nutrition would also positively impact the dietary supplements market.

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The key players in this market include Amway (US), Herbalife Nutrition (US), ADM (US), Pfizer (US), Abbott Laboratories (US), Arkopharma Laboratories (France), Bayer (Germany), Glanbia (Ireland), Nature’s Sunshine Products (US), FANCL (Japan), Danisco (Denmark), Bionova Lifesciences (India), XanGo (US), Ekomir (Russia), American Health (US), Pure Encapsulations (US), UST Manufacturing (US), Capstone Nutrition (US), Anona GmBH (Germany), Plantafood Medical GmBH (Germany), Carlyle Group (US), Bio-Botanica Inc. (US), GlaxoSmithKline (UK), Nu Skin Enterprises (US), and Nutraceutics (US).

Amway (US) offers effective nutritional & dietary supplements, beauty, and personal care products, and connected home devices. The company operates through four business segments, namely nutrition, beauty, and personal care, and home and others, which include energy drinks and sports nutrition products. It offers dietary supplements under its nutrition segment. Dietary supplements and vitamins are offered under its Nutrilite brand.

The company offers around 450 products in more than 100 countries across regions, such as the Americas, Europe, and Asia Pacific. It operates through 15 manufacturing facilities and processing plants. It has four manufacturing sites in the US, India, China, and Vietnam.

Herbalife Nutrition (US) is a global nutrition company, involved in providing nutrition-based products and solutions for weight management and general wellness. It offers products under various categories, which include weight management, targeted nutrition, energy, sports and fitness, outer nutrition, and literature and promotional products.

It offers dietary supplements under the weight management and targeted nutrition product categories. It operates through four manufacturing facilities, eight quality control laboratories, and a botanical extraction facility across more than 94 countries, including China, Russia, Mexico, the US, and India.

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The North American region dominates the dietary supplements market with the largest share in 2020.

North America is projected to hold the largest share in the dietary supplements market. This dominance is driven by the prevalence of chronic diseases due to the hectic lifestyles and increasing awareness among consumers regarding the health benefits of the product. Also, the region has the highest prevalence of obesity. According to the CDC, in the US, the obesity prevalence was 39.8% and affected about 93.3 million adults between 2015 and 2016. Such factors are projected to contribute to the growth of dietary supplements market.

Sustainable Growth Opportunities in the Food Robotics Market

The report "Food Robotics Market by Type (Articulated, Cartesian, SCARA, Parallel, Collaborative, Cylindrical), Payload (Heavy, Medium, Low), Function (Palletizing, Packaging, Repackaging, Picking, Processing), Application and Region - Trends & Forecast to 2026" According to MarketsandMarkets, the global food robotics market size is estimated to be valued at USD 1.9 billion in 2020 and projected to reach USD 4.0 billion by 2026, recording a CAGR of 13.1% forecast period. The demand for food robotics is increasing significantly owing to surging demand for food with increasing population and increasing demand for enhanced productivity in food processing. Additionally, increasing automation in the food industry is projected to provide growth opportunities for the food robotics market.

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Drivers: Growing demand for packaged food

In the last few years, there has been a growing need to package food products in order to increase their shelf life and cater to the demand for ready-to-cook and ready-to-eat products. Mass production of packaged food products especially in countries such as the U.S., Japan, France, and Italy has driven the market for food robotics. In most large-scale food manufacturing plants, processes are being automated in order to ensure quality and consistency in the Stock Keeping Units (SKUs). Food robotics is being increasingly implemented in the production of processed, frozen, dried, and chilled packaged food products. The growth in the packaged dairy products and baked goods industries is also driving the food robotics market as these products are manufactured on a large scale across regions.

Restraints: Scarcity of skilled workforce in emerging economies

The adoption and implementation of food robotics requires skilled workforce. There is a scarcity of people specializing in disciplines such as electrical, embedded, software, and mechanical, which are required for the installation and maintenance of robots. Also, there is a deficit of highly qualified employees with specific skills needed to develop high value-added robots integrated with advanced technologies.

In countries where the food & beverage industry has high potential for growth, such as China, India, and Brazil, there is a skill shortage in this domain. This is because knowledge of four to five engineering disciplines is required to become an expert in this field, and there is a scarcity of qualified faculty to teach the subjects. Moreover, there are limited branches of engineering that focus on robotics. This is a direct restraining factor for the food robotics market as the development of adequate skilled manpower is likely to be achieved only in the long run.

The beverage application segment is projected to witness significant growth during the forecast period.

The growing demand for robots for packaging and repackaging function in the beverage sector is projected to drive the demand for food robotics in the beverage industry. The growth in packaged beverages is further projected to contribute to food robotics systems in the beverage sector.

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The European region dominates the food robotics market with the largest share in 2020.

The European food robotics market is driven by high investment in research & development with regard to technology, along with the rise in demand for packed, ready-to-cook, and high-quality food products. The European Robotics Association started monitoring in European Union activities, policies, and funding in the new robot technology to strengthen the international market for food & beverage manufacturing, which is likely to impact the adoption of food robotics positively.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, including ABB Group (Switzerland), KUKA AG (Germany), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yasakawa Electric Corporation (Japan), Denso Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Staubli International AG (Switzerland), Bastian Solutions LLC (U.S.), Schunk GmbH (Germany), Asic Robotics AG (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Ellison Technologies Inc. (U.S.), Fuji Robotics (Japan), and Moley Robotics (U.K.).