Monday, January 10, 2022

Latest Regulatory Trends Impacting 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.





The aluminum segment is projected to witness significant growth during the forecast period

Based on material, the food & beverage metal cans market is segmented into aluminum and steel. The aluminum segment is projected to witness significant growth during the forecast period. Aluminum is majorly used as a raw material for manufacturing of metal cans. It is a very cost-effective raw material used in the food & beverage industry and can customize packages with colors, 3D prints, and embossing. Its lightweight, impermeable, and high flexibility properties make it ideal for packaging; the segment accounted to have a significant share in the food & beverage metal cans market.

The 2-piece cans segment is accounted to have the major share in the food & beverage metal cans market during the forecast period

Based on type, the food & beverage metal cans market is segmented into 2-piece cans and 3-piece cans. The 2-piece cans are estimated to account for the larger share for food & beverage metal cans market, because of its high usage in the beverage industry. The 2-piece cans are suitable for packaging of carbonated and non-carbonated beverages such as beer, wine, sports drinks, and fruit juices. Moreover, 2-piece food cans are lightweight and are available with a stackable feature as a result of which they can be placed on top of each other for neat stacking on the shelf, thus saving shelf space. Thus, the demand for 2-piece cans is high in the food & beverage metal cans market.


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.

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).

Tuesday, January 4, 2022

Feed Antioxidants Market to See Major Growth by 2025

The report "Feed Antioxidants Market by Type Synthetic (BHT, BHA, Ethoxyquin, and Propyl Gallate) and Natural (Carotenoids, Tocopherols, Botanical Extracts, and Vitamins), Animal (Poultry, Swine, Aquaculture, Cattle, and Pets), Form, Region - Global Forecast to 2025", is estimated at USD 356 million in 2019 and is projected to grow at a CAGR of 4.9% from 2019 to 2025, to reach USD 474 million by 2025. Factors such as a rise in demand for quality feed, improved technology for feed production, and an increase in the standardization of meat products stimulate the growth of the feed antioxidants market across the globe.





The natural segment is projected to be the faster-growing segment in the feed antioxidants market during the forecast period.

As the market demand shifts from synthetic to natural antioxidants, there is an increase in demand for natural feed antioxidants. The manufacturers are focusing on innovative products to develop cheaper natural antioxidants to capture the market and capitalize on this increasing demand, which is boosting the demand for natural feed antioxidants.

The liquid segment is projected to record the fastest growth during the forecast period.

The liquid form of feed antioxidants is projected to be the fastest-growing segment. Liquid feed antioxidants increase feed consumption and utilization by animals, reduce ration sorting, provide accurate dosage, and decrease feed wastage. Additionally, they help in the mixing of ingredients, resulting in the uniformity of the final product.

The aquaculture segment is projected to record the fastest growth during the forecast period.

An increase in demand for fish and fish-based products is fueling the demand for feed antioxidants in the aquaculture segment. Aquaculture has contributed to global food security, and with the demand for fish-based products increasing globally, the demand for fish feed antioxidants is also gradually increasing.


The Asia Pacific region is projected to account for the largest market share during the forecast period.

Asia Pacific accounted for the largest share of the feed antioxidants market in 2018. Asia Pacific, being the largest continent with a relatively fast economic development, is witnessing a rising demand for meat. Consequently, to produce quality meat, feed antioxidants are gaining importance and being incorporated to prevent spoilage and increase shelf-life.

This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the feed antioxidants market. It includes the profiles of leading companies such as Cargill (US), Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nutreco (Netherlands), Kemin (US), Adisseo (France), Perstorp (Sweden), Alltech (US), Caldic (Canada), Novus International (US), Chemical Fine Sciences (India), Oxiris Chemical (Spain), VDH ChemTech (India), Zhejiang Medicine (China), BTSA (Spain), Bertol Company (Czech Republic), FoodSafe Technologies (US), Videka Company (US), Lallemand Animal Nutrition (Canada), and Industrial Tecnica Pecuaria (Spain).

Latest Regulatory Trends Impacting the Water Soluble Packaging Market

The report "Water Soluble Packaging Market by Raw Material (Polymer, Surfactant, and Fiber), End Use (Industrial, and Residential), Solubility Type (Cold Water Soluble and Hot Water Soluble), Packaging Type, and Region - Global Forecast to 2025", According to MarketsandMarkets, the water soluble packaging market is estimated to be valued at USD 2.8 billion in 2019 and is projected to reach USD 3.7 billion by 2025, recording a CAGR of 5.0%. The rapidly growing environmental and sustainability concerns across the globe and government initiatives to reduce the use of plastics are driving the market for water soluble packaging.





The food & beverage and agriculture in industrial segment are projected to witness the significant growth during the forecast

Based on end use, the water soluble packaging market is segmented into industrial and residential, wherein industrial segment is sub-divided into pharmaceuticals, food & beverages, agriculture, chemicals, and water treatment. The food & beverages and agriculture segments are projected to witness significant growth during the forecast period due to the increasing concerns toward waste production due to high use of non-biodegradable plastics and their harmful effects on packaged food & beverages.

In the agriculture industry, chemical fertilizers wrapped with water soluble packets ease out the handling process. Also, dissolved packaging of the fertilizers cut down the packaging waste generation and leads to reduced cleaning costs.

The pouches segment is accounted to have the major share in the water soluble packaging market during the forecast period

By packaging type, the water soluble packaging market is segmented into pouches, bags, and pods & capsules. The pouches segment is estimated to account for the major share in the water-soluble packaging market due to the high usage of water soluble packaging in the chemical industries. In the current scenario, most of the packaging is made of plastic for safe and secure handling and usage of detergent; water soluble packaging of detergent serves the purpose better. Detergent wastage can be minimized as water soluble packets or sachets can be made available to consumers for household and industrial cleaning. The water soluble packaging avoids direct contact with detergent as the product can be used without removing the package, which will ensure safe usage.


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

The water soluble packaging market in Asia Pacific is projected to witness high growth due to the strong local and export demand. The rising population and growing number of manufacturing industries in Asia Pacific is the key factor driving the market for water soluble packaging. The manufactured product is used domestically as well as exported. China and Japan are the hubs for water soluble film production. In India, the population is increasing rapidly, and the country is striving for safe, better, clean, and healthy lifestyle. The water soluble packaging market will grow in these regions at a high rate.

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 Lithey Inc. (India), Mondi Group (Austria), Sekisui Chemicals (Japan), Kuraray Co. Ltd. (Japan), Mitsubishi Chemical Holdings (Japan), Aicello Corporation (Japan), Aquapak Polymer Ltd (UK), Lactips (France), Cortec Corporation (US), Acedag Ltd. (UK), MSD Corporation (China), Prodotti Solutions (US), JRF Technology LLC (US), and Amtopak Inc. (US).

Monday, January 3, 2022

Technical Enzymes Market to See Major Growth by 2026

The report "Technical Enzymes Market by Type (Amylases, Cellulases, Proteases, and Lipases), Industry (Biofuel, Starch, Textiles & Leather, and Paper & Pulp), Source (Microorganism, Plant, and Animal), Form (Liquid and Dry), and Region - Global Forecast to 2026", is projected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2026, recording a compound annual growth rate (CAGR) of 4.0% during the forecast period. The major factors driving the growth of the technical enzymes market include an increase in demand for biofuel in developing countries and advancements in R&D activities for technical enzymes.





The biofuel industry is projected to be the fastest-growing in the technical enzymes market during the forecast period.

The biofuel industry has witnessed increased usage of technical enzymes. Consumer inclination toward an alternative to gasoline for the reduction in harmful auto & industrial emissions has augmented the usage of biofuels in many developed countries. Enzymes are safer substitutes for MTBE (methyl tert-butyl ether), as MTBE is a blending component to oxygenate gasoline and hazardous to human health.

The microorganism source is projected to account for the largest share in the technical enzymes market during the forecast period.

Microorganisms are the primary source of technical enzymes, as they are cultured in large quantities in a short period, and genetic manipulations can be done on bacterial cells to enhance the enzyme production for usage in various industries such as biofuel, pulp & paper, textile & leather, and starch processing. Additionally, the microbial enzymes are preferred by the manufacturers due to their active and stable nature as compared to enzymes from plants and animals.

The liquid form is projected to account for a larger share in the technical enzymes market during the forecast period.

The liquid form of enzymes is widely used in the biofuel and textile & leather industries, due to better blending properties with the resources used for the production of biofuels. In biofuel, the liquid enzymes augment the supply of liquid fuel; whereas, in textiles, it offers the potential to completely replace the use of other chemicals in textile preparation processes. The enzymatic degreasing process replaces the solvent-based process followed by the leather manufacturers. Since the liquid enzymes interfere less with the skin structure, the enzymatic process also results in a product with improved quality. Due to these factors, the liquid form is projected to dominate the market during the forecast period.


The Asia Pacific region is projected to be the fastest-growing market for technical enzymes during the forecast period.

The Asia Pacific region projected to grow at the highest CAGR between 2019 and 2026. The increasing demand for technical enzymes in starch and textile & leather industries is projected to create lucrative growth opportunities for manufacturers in the market in the Asia Pacific region. This dominance is majorly due to the change in technological innovations in machinery, synthetic fibers, logistics, and globalization of business. Furthermore, the shift of industrial operations such as textile & leather production from developed nations in North America and Western Europe into the Asia Pacific region over the past decade has boosted the market for technical enzymes.

Key vendors in the global technical enzymes market include BASF (Germany), DuPont (US), Associated British Foods (UK), Novozymes (Denmark), DSM (Netherlands), Dyadic International (US), Advanced Enzymes Technologies (India), Maps Enzymes (India), Epygen Labs (India), Megazyme (Ireland), Aumgene Biosciences (India), Enzymatic Deinking Technologies (US), Tex Biosciences (India), Denykem (UK), MetGen (Finland), and Creative Enzymes (US). These players have broad industry coverage and high operational and financial strength.

Carotenoids Market Growth by Emerging Trends, Analysis, & Forecast to 2026

The report "Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, and Zeaxanthin), Application (Feed, Food & Beverages, Dietary Supplements, Cosmetics, and Pharmaceuticals), Source, Formulation, and Region - Global Forecast to 2026" The carotenoids market 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% during the forecast period. The major factors driving the growth of the carotenoids market include the growing use of carotenoids in preventive healthcare and as a food colorant in the feed industry.





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

The carotenoids market is segmented, on the basis of type, into beta-carotene, astaxanthin, lutein, lycopene, canthaxanthin, zeaxanthin, and others, which include capsanthin, annatto, alpha-carotene, and apocarotena. The lutein segment is projected to grow at the highest CAGR during the forecast period, as it widely used to treat eye disorders such as cataract and macular degeneration. Furthermore, it is also used in chicken feed to increase the nutritional value of eggs and optimize the yolk color.

The dietary supplement segment is projected to account for the largest share in the carotenoids market during the forecast period.

The carotenoids market is segmented, on the basis of application, into feed, food & beverages, dietary supplements, cosmetics, and pharmaceuticals. The dietary supplements segment is projected to be a leading segment in the carotenoids market, in terms of volume, due to the increasing awareness pertaining to the use of carotenoids in dietary supplements. Furthermore, the increasing health consciousness among consumers to self-diagnose and take preventive measures for maintaining health are the key factors that have led to a surge in demand for dietary supplements globally.

The market for natural carotenoids is projected to grow at a higher CAGR during the forecast period.

The carotenoids market is segmented, on the basis of source, into synthetic and natural. The natural segment is projected to grow at a higher CAGR during the forecast period due to high antioxidant properties, an increase in biological activities, and improved immunity rate, both in humans and animals. Furthermore, an increase in consumer preference for natural carotenoids due to the rise in health consciousness and awareness regarding the benefits of natural carotenoids, particularly in the European and the North American regions, is a key factor that is projected to drive the growth of the market.


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).

Wednesday, December 22, 2021

Upcoming Growth Trends in the Specialty Fertilizers Market

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.





The urea-ammonium nitrate (UAN) segment is projected to be the largest segment in the specialty fertilizers 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.

The fertigation segment is estimated to account for the largest market share, in terms of value, in 2020.

Fertigation is used in the fields of row crops, horticultural crops, fruit crops, vegetable crops, and ornamental & flowering crops. The fertigation method allows the homogenous application of liquid specialty fertilizers in an adequate amount to the wetted zone in the root development, where most of the active roots are concentrated, which helps in enhancing the efficiency of specialty fertilizers. This technique allows specialty fertilizers to be distributed evenly in irrigation. The application of specialty fertilizers through fertigation increases its efficiency by 10%–15%, as compared to conventional fertilization.

The coated & encapsulated segment is projected to witness the fastest growth, in terms of value, in the specialty fertilizers market, on the basis of technology, from 2016 to 2025.

Coated & encapsulated specialty fertilizers are conventional soluble fertilizer materials with increasingly available nutrients, which after granulation, prilling, or crystallization, are given a protective (water-insoluble) coating to control the water penetration, thereby affecting the rate of dissolution and nutrient release. To further reduce the total fertilizer costs, coated & encapsulated fertilizers are increasingly used with the blend of conventional fertilizers in different ratios. These fertilizers offer greater flexibility in determining the nutrient release pattern.


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).

Feed Yeast Market Growth Opportunities by 2025

The report "Feed Yeast Market by Type (Yeast Derivatives, Probiotic Yeast, Brewer’s Yeast, and Specialty Yeast), Livestock (Ruminants, Swine, Poultry, Aquatic Animals, Pets and Equine), Genus, and Region - Global Forecast to 2025", size is projected to reach USD 2.3 billion by 2025, which was estimated at USD 1.8 billion in 2020; it is expected to grow at a CAGR of 5.1% from 2020. The market is driven by factors such as ban on the use of antibiotics in feed as a growth promoter and increasing use of yeast as a nutritional supplement for livestock. Also, rising concern regarding animal health and feed quality has been driving the growth of this market.





The feed yeast market includes major Tier I and II suppliers like Associated British Foods Inc., Archer Daniels Midland Company, Alltech Inc., Cargill, Lesaffre, Angel Yeast Co. Ltd., and Lallemand Inc. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. Though COVID-19 has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their feed yeast. Multiple manufacturing facilities of players are still in operation. The international trade barriers, closure of restaurants, hotels, and live animal markets, supply chain hindrances, consumption patterns of livestock-based products were considered to be mildly significant, which has disrupted the market for feed yeast.

However, during this pandemic situation, livestock farmers and animal breeders are facing minimal challenges in this market as yeast are found abundantly everywhere; on cereal grains, grain by-products, silages, hays and are even present in the soil and water and can be cultured rapidly and easily. So even if the processing plants or laboratories are closed, livestock farmers and animal breeders who source feed yeast from different manufacturers, can themselves practice live yeast culture. Thus, the decline in 2020 in the feed yeast market growth is mainly due to the major impact of COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for feed yeast would witness a slight increment in the upcoming years till 2025.

Increasing concerns about the COVID-19 spread on livestock and the rising awareness among consumers about consuming such livestock products have led manufacturers in the feed industry to opt for various natural and organic alternatives such as probiotic yeast. Feed yeast being a natural additives will witness an increase in its usage as more people are opting for organic and healthy products as compared to synthetic products. These growing concerns of consumers will require breeders to adapt natural additives, such as feed yeast.

The use of yeast derivatives for feed production is projected to be the largest market during the forecast period.

Beta-glucans, nucleotides, and mannooligosaccharides are the major yeast derivatives that exhibit efficient pathogen binding capacity, which restricts the growth of pathogens in the animal body. In addition, beta-glucans are the type of yeast derivatives that trigger the immune response in the animal body. The health benefits associated with the use of yeast derivatives as a feed additive increases its demand in the feed industry. Thus, the yeast derivatives segment is projected to witness a largest share in 2019.

The Saccharomyces spp. the segment is estimated to dominate the market during the forecast period.

Saccharomyces Spp. such as Saccharomyces cerevisiae and Saccharomyces boulardii are majorly used for yeast production and is used as one of the most important ingredients in feed. With the increasing demand for natural growth promoters for animals, the preference for Saccharomyces Spp. has increased as it is considered to be one of the best sources for nutritional yeast. The Saccharomyces Spp. segment accounted for the highest share in the feed yeast market in 2019 and witnessed high demand for use in feed yeast production.


With the introduction of stringent regulations, Europe is estimated to be the second-largest market during the forecast period.

The feed yeast market in Europe is driven by the introduction of stringent regulations pertaining to the use of antibiotics in feed. Increasing awareness about the benefits of feed yeast is projected to contribute to the market growth. The high demand for quality and nutrient-rich feed in the European countries has led to the high demand for feed yeast among farmers. Moreover, the European legislators are also concerned about food and animal safety and thus have implemented many safety laws for the same. With high concerns related to animal health, the EU government has put a ban on the use of antibiotic growth promoters in feed due to its negative impact on animal health as well as on the health of human consumers. For the replacement of those antibiotics, naturally-sourced feed ingredients that have antibiotic properties such as feed yeast were developed by manufacturers.

This report includes a study of the development strategies of leading companies. The scope of this report includes a detailed study of feed yeast manufacturers such as Associated British Foods PLC. (UK), Archer Daniels Midland Company (US), Alltech Inc. (US), Cargill (US), Lesaffre (France), Angel Yeast Co. Ltd. (China), and Lallemand Inc. (Canada)