Friday, February 18, 2022

Controlled Release Fertilizer Market Will Hit Big Revenues In Future

The global controlled release fertilizer market size is projected to grow from USD 2.4 Billion in 2021 to USD 3.3 Billion by 2026, recording a compound annual growth rate (CAGR) of 6.4% during the forecast period. The rise in the global population, growing application rates in developing countries, and rising demand for high-value crops are key factors that are projected to drive the growth of the controlled release fertilizer market during the forecast period.



Driver: Necessity for highly efficient fertilizers

Nutrient loss to the environment is one of the major concerns faced by farmers across the world. Heavily fertilized crops such as corn tend to have large losses relative to non-intensive uses such as pasture. Agricultural uses associated with poor land management practices that lead to erosion also produce significant nutrient losses. Nutrient losses can occur in many ways, which can have an extensive impact on the environment.


Atmospheric losses: Nutrients can be lost to the atmosphere through chemical and biological processes, wherein volatile nutrients can be easily lost as gases when exposed to the atmosphere.

Direct loss: Direct or incidental loss is the loss of fertilizer or manure to water before interacting significantly with soil. It can result from over-application, heavy rainfall immediately following application, or application directly into a waterway (including ditches).

Runoff: Runoff occurs when rainfall or snowmelt exceeds the infiltration rate of the soil. Runoff carries away the dissolved nutrients into the nearby water bodies.

Leaching: Leaching is the downward movement of water and soluble substances in the soil below the root zone. It is an environmental concern as it contributes to groundwater contamination.

The coated and encapsulated subsegment in the by type segment is estimated to account for the largest market share in the controlled release fertilizer market.

The coated and encapsulated segment is estimated to dominate the controlled release fertilizer market. The adoption of these fertilizers has been increasing continuously in the global market, due to the growing awareness about the benefits associated with coated fertilizers and government support provided by the nation in terms of subsidies and policy amendment. Such government policies and well-defined regulations act as a boosting factor for the growth of this market at the global level.


The fertigation subsegment in the application segment is projected to account for the fastest growth during the forecast period.

This is mainly driven by factors such as enhanced productivity and better yields. This mode of application is gaining importance due to its reliability and efficacy. Fertigation mode of application also reduces the application cost by 29% to 78% due to improved efficiency. Fertigation is a technique that has been adopted by major countries, wherein the fertilizer is included with irrigation water and applied through systems. This technique witnesses better application than broadcasting and subsurface placement.

The key players in this market include Yara International ASA (Norway), Nutrien Ltd. (Canada), The Mosaic Company (US), ICL Group (Israel), Nufarm Ltd. (Australia), Kingenta (China), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemical (US), and SQM (Chile). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Dairy Testing Market Growth by Emerging Trends, Analysis, & Forecast

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 by Region - Global Forecast to 2026", The global dairy testing market is estimated to be valued at USD 5.5 billion in 2021 and is projected to reach a value of USD 8.1 billion by 2026, growing at a CAGR of 8.2% during the forecast period. Increase in consumer awareness regarding the safety and quality of food products, stringent regulations imposed by the regulatory bodies, and increase in the global dairy trade, have been driving the global dairy testing market.




Challenge: Lack of harmonization of food safety standards

The increasing number of national standards for food safety management has led to ambiguity and created the need for their harmonization. The leading industries in the food sector have recognized the higher cost and inefficiencies created by the development of multiple food safety standards. Audits are conducted to ensure compliance with government regulatory legislations. Neither ingredient suppliers nor retailers or foodservice companies are well served when duplicative standards and audits raise the total costs for food certification without enhancing or ensuring the overall safety of food. Industrial experts have often suggested uniform and harmonized food safety standards to reduce the multiplicity of food laws for better efficiency. In order to eliminate duplication and overlapping of multiple standards, the government and private-sector stakeholders should work together to create transparent and uniform food certification standards.


By type, safety testing is projected to dominate the dairy testing market during the forecast period.

The safety testing segment is expected to dominate in 2021 and is projected to record the highest growth during the forecast period. This is due to the increased emphasis on safety testing of food output by regulatory authorities who are focusing on improving the safety and quality of dairy. Testing also helps address regulatory loopholes, prevent adulteration and malpractices, and meet labeling mandates.

By technology, the rapid technology segment is projected to dominate the dairy testing market during the forecast period.

The rapid technology segment is estimated to dominate the dairy testing market in 2021 and is projected to record higher growth during the forecast period. Rapid technology offers low turnaround time, higher accuracy and sensitivity, and the capacity to test a wide range of contaminants as compared to traditional technology; this is driving the dairy testing market for rapid technology.

The increasing demand for dairy testing in Europe is driving the growth of the dairy testing market.

Europe has the world’s most stringent regulations for dairy testing, which undergo frequent updates and revisions. The world’s highest number of sample tests for both safety as well as quality are conducted in Europe. Strict compliance with MRLs and measures to prevent microbial contamination are preconditions for entering the European market. Exporters aiming to export milk and dairy products to the EU are required to follow a strict set of guidelines. They need to be export registered and listed with the EU (they require an AA or approved arrangement, which is a food safety document that describes how an organization manages its food safety and quality). The increasing dairy trade between Europe and other regions is also driving the dairy testing market in this region as more dairy samples are being tested, both for import as well as export. Europe has one of the highest food safety standards in the world, due to which cases of milk fraud are rare. The Rapid Alert System for Food and Feed Safety provides information when risks to public health are detected in the food chain.


This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies operating in the dairy testing market. It includes the profiles of leading companies such as SGS SA (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (UK), TÜV SÜD (Germany), TÜV NORD GROUP (Germany), ALS Limited (Australia), Mérieux NutriSciences (US), Neogen Corporation (US), Romer Labs (Austria), Microbac Laboratories (US), AsureQuality (New Zealand).

Thursday, February 17, 2022

Sustainable Growth Opportunities in the Trace Minerals in Feed Market

The report "Trace Minerals In Feed Market by Type (Iron, Zinc, Manganese, Copper, Cobalt, Chromium, Other Types), Livestock, Chelate Type (Amino Acids, Proteinates, Polysaccharides, Other Chelate Types), Form, And Region – Global Forecast To 2025", The global trace minerals in feed market size is estimated to be valued at USD 472 million in 2020 and is expected to reach a value of USD 608 million by 2025, growing at a CAGR of 5.2% during the forecast period. Factors such as the rise in production of compound feed, and the increase in the importance of protein-rich diets among consumers across the globe opened new avenues for trace minerals in feed market. The major feed producing countries in the world include China, the US, Brazil, Mexico, Spain, India, and Russia. The where the demand for chicken and red meat has been growing. This in these countries, which has also contributed to the growth of the market.




Iron, by type, is estimated to hold the largest market share during the forecast period

The market for trace minerals in feed, by type, has been segmented into iron, zinc, manganese, copper, cobalt, chromium, other types which include selenium and iodine. iron is considered the main constituent in the formation of hemoglobin and myoglobin, as it supports the transport of oxygen to all parts of the body. The deficiency of iron causes stunted growth, pale mucous membranes, anemia, and diarrhea in livestock. The iron segment accounted for the largest share in the trace minerals in feed market, as livestock species are most commonly affected by deficiencies of iron, which causes oxidative stress and anemia. In the recent years, the EU has approved iron compounds, such as ferric chloride hexahydrate, ferric oxide, ferrous carbonate, ferrous chelate of amino acids, ferrous chelate of glycine hydrate, ferrous fumarate, ferrous sulfate heptahydrate, and ferrous sulfate monohydrate, without a time limit for use as a feed additive. Due to its higher acceptance among regulatory bodies, the market for iron as a trace mineral in feed is projected to witness a high growth rate during the forecast period.

Poultry, by livestock, is estimated to hold the largest share in the trace minerals in feed market during the forecast period

The poultry segment accounts for the largest share and is also projected to grow at the fastest rate during the forecast period. There has been a significant increase in demand for poultry meat and other byproducts across the globe. People are therefore engaging in animal rearing and animal husbandry to fulfil this global demand. The most effective way to achieve the highest production is to supply these birds with trace minerals, such as zinc, copper, and manganese, to increase their performance, which has led to an increase in demand for trace minerals. Trace minerals are indispensable components in poultry diets. They are required for the growth, bone and feather development, and enzyme structure. The immune functions of all poultry species depend on trace minerals. This drives the growth of trace minerals in feed market across the globe.

Amino acids, by chelate type, is estimated to account for the largest market share during the forecast period

Amino acids are considered an ideal chelator due to their ability to be easily absorbed in the animal body. This is due to the attachment of amino acids to the mineral molecules that create a more stable structure, which helps the minerals survive in the acidic environment of the stomach. Furthermore, trace minerals are protected from various bacteria present in the body of animals, and enzymes are unable to degrade it. It also inhibits the antagonistic action between metal ions and decreases the breaking down of vitamins in the feed. This is due to their ability to be easily absorbed in the body for the normal functioning of protein synthesis. This increases the absorption of minerals directly in the intestinal wall, along with amino acid ligands, to which they are bonded.


Asia Pacific is estimated to hold the largest market share during the forecast period

The trace minerals in feed market is estimated to grow significantly in the Asia Pacific region due to the rise in demand for poultry meat and poultry byproducts as well as ruminants from the major economies such as China, India, Japan and other South East Asian countries as they experience a surge in the increase in number of health -conscious consumers. With the increase in awareness amongst consumers about the essential nutrients requirement in daily diet, have increased the demand for protein rich meat. In Asia Pacific, trends around healthy lifestyles and prevention among older consumers trying to avoid expensive healthcare costs and extend healthy lifespans are generating growth opportunities dietary supplements. Thus, causing Trace minerals in feed to flourish in the region.

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 Trace minerals in feed market. It consists of the profiles of leading companies such Cargill, Incorporated (US), (US), BASF SE (Germany), Bluestar Adisseo Co., Ltd (China), Koninklijke DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), Alltech (US), Zinpro (US), Orffa (Netherlands), Novus International (US), Kemin Industries, Inc. (US), Lallemand, Inc. (Canada), Virbac (France), Global Animal Nutrition (US), Dr. Paul Lohmann Gmbh & Co. KGAA (Germany), Biochem Zusatzstoffe (Germany), Veterinary Professional Services Ltd. (Vetpro) (New Zealand), Chemlock Nutrition Corporation (US), dr. eckel animal nutrition gmbh & co.kG (Germany), Vetline (India), Green Mountain Nutritional Services Inc. (US), Biorigin (Brazil), Tanke (China), JH Biotech, Inc. (US), QualiTech, Inc. (US)..

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 the 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).

Wednesday, February 16, 2022

Food Processing and Handling Equipment Market Will Hit Big Revenues In Future

According to a research report "Food Processing & Handling Equipment Market by Type (Food Processing, Food Service, Food Packaging), Application (Meat & Poultry, Bakery & Confectionery, Alcoholic, Non-alcoholic Beverages, Dairy), End-product Form, and Region - Global Forecast to 2026" published by MarketsandMarkets, the food processing and handling equipment market is projected to grow from USD 130.6 billion in 2021 to USD 175.1 billion by 2026, recording a compound annual growth rate (CAGR) of 6.0% during the forecast period. The food processing & handling equipment market is exhibiting strong growth, with the rising demand for prepared food products globally, changes in consumer lifestyles, along with a transformative leap forward in technological capabilities and increasing investment opportunities in the food processing industry. The markets in North America and Europe have been growing consistently due to the established food & beverage processing industry and the presence of international food processing equipment manufacturers. The rise in demand for processed food and convenience food has been supported by the rise in disposable income and rapid urbanization in developing countries, such as India, Brazil, and China.


The food packaging equipment segment is projected to grow at the highest CAGR during the forecast period.

This segment comprises food packaging equipment types, which are highly used in the food packaging industry. The increasing demand of consumers for attractive packaging, especially in premium products, is increasing the demand for this equipment type. COVID-19 is expected to have a favorable overall impact on the packaging sector. People in developing countries, who had formerly favored loose unpackaged food from local sellers, are increasingly converting to bagged food, owing to safety and hygiene concerns. As a result, many small and medium-sized businesses are paying more attention to packaging.

The bakery & confectionery segment is projected to account for the largest share in the food processing and handling equipment market during the forecast period.

The bakery & confectionery application segment dominated the food processing & handling equipment market in terms of application. This is due to the low shelf life of bread and bakery items and rising consumer demand for product freshness, which is increasing the demand for bread and bakery products produced locally. This factor, in turn, is propelling the market for bread-producing equipment. Core equipment, such as coating systems, for confectionery processing has a considerable scope in the confectionery market as the demand for coated candies and confectionery products forms an integral part of the confectionery industry.


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

The Asia Pacific region accounted for major share in the food processing and handling equipment market during the forecast period. The food packaging industry in the Asia Pacific region is inclined toward automation, digitalization, and sustainable innovations inspired by the exponential growth of online retail and consumer interest in environmental issues. Asia Pacific’s millennial population outnumbers the Baby Boomers, who are earning more than ever, with strong wage growth, and are demanding a more responsive e-commerce business model to transform this industry. Smart packaging embedded with new technology is increasingly implemented for tackling supply chain issues.

The prominent players in this market include GEA Group (Germany), ALFA LAVAL (Sweden), Bühler Holding AG (Switzerland), JBT Corporation (US), SPX Flow (US), Robert Bosch (Germany), IMA Group (Italy), Multivac (Germany), Krones Group (Germany), Tetra Laval International S.A. (Switzerland), Middleby Corporation (US), Dover Corporation (US), Ali Group S.r.l (Italy), Electrolux (Sweden), and Hoshizaki (Japan)

Key Trends Shaping the Coconut Oil Market

The report "Coconut Oil Market by Product Type (RBD, Virgin, and Crude), Source (Dry Coconut and Wet Coconut), Application (Food & Beverages, Cosmetics & Personal Care Products, and Pharmaceuticals), Nature and Region - Global Forecast to 2027", the global coconut oil market size is estimated to be valued at USD 5.7 billion in 2022. It is projected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5%, in terms of value. The Increasing demand of natural ingredients in food and cosmeceutical industry to drive the coconut oil market.



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The RBD segment accounts for the largest market share in the coconut oil market

Based on product types, RBD segment is the largest segment in the overall coconut oil market. RBD coconut oil is also widely used in the cosmetic industry, particularly to make soaps. It enables the soap to lather more to the point that a soap extremely high in coconut oil can lather in saltwater, which is not the case with normal soaps.

The wet coconut segment is projected to grow with the highest CAGR in the coconut oil market

Based on source, wet coconut segment is projected to grow with the highest CAGR in the coconut oil market. The wet process involves the use of raw coconut instead of dried copra. The coconut’s protein content produces an oil and water emulsion, which leads to a process of separating the emulsion to collect only the oil. This process uses techniques such as centrifuges or pre-treatments that apply cold, heat, acids, salts, enzymes, electrolysis, shock waves, or steam distillation. Sometimes, there is a combination of these processes.

The food & beverage segment accounts for the largest market share in the coconut oil market

By application, the coconut oil market is segmented into food & beverage, Cosmetics & personal care products, pharmaceuticals, and other applications. Food & beverages include bakery & confectionery, snacks & cereals, beverages, soups, salads, and sauces, and other food & beverage applications. Coconut oil adds nutritional & functional value to the final food products. It also has a high smoking point which makes it a preferable choice among food product manufacturers.

The organic segment is projected to grow with the highest CAGR in the coconut oil market

By nature, the coconut oil market is segmented into conventional and organic. The main aim of organic coconut farming is the production of quality products that contain no chemical residues and maintain soil fertility. Organic farming of coconut allows the use of organic fertilizers such as compost manure, farmyard manure, fish meal, blood meal, neem cake, groundnut cake, and bone meal. Different countries have different sets of rules to be followed to get coconuts certified as organic produce.

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The Europe region is the second-largest region in the coconut oil market in the forecast period

Europe is the second-largest region in the global coconut oil market in the forecast period. According to the National Starch Food Innovation Europe, part of the Ingredion Group of incorporated companies, demand for ‘clean label’ products has gripped the whole of Europe, rather than select countries. It also stated that EU consumers were paying more attention to all forms of labeling.

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, such as Cargill Incorporated (US), ADM (US), Bunge Limited (US), Mangga Dua (Indonesia), Greenville Agro Corporation (Philippines), Royce Food Corporation (Philippines), Novel Nutrients Pvt. Ltd. (India), Aromaax International (India), Adams Group (US), and Connoils LLC (US).

Tuesday, February 15, 2022

Plant Breeding and CRISPR Plants Market to Showcase Continued Growth in the Coming Years

The report "Plant Breeding and CRISPR Plants Market by Type (Conventional and Biotechnological [Hybrid, Molecular Breeding, GM, Genome Editing]), Trait (Herbicide Tolerance, Disease Resistance, and Yield Improvement), Application, and Region–Global Forecast to 2023" The plant breeding and CRISPR plants market is projected to reach USD 14.6 billion by 2023, from USD 7.6 billion in 2018, at a CAGR of 13.95% during the forecast period. The market is driven by factors such as the growing need for high-quality crops and increased yield, and rising application of plant biotechnology in the agriculture industry.




Plant breeding techniques for the cereals & grains segment are projected to be widely researched during the forecast period.

Various countries have adopted molecular techniques such as marker-assisted selection (MAS) for plant breeding, due to the increasing demand for high yield from field and horticultural crop growers. Corn is a major crop that finds application in various industries across the world; biotechnological techniques such as hybrid and molecular breeding are increasingly adopted for corn by all plant genetic breeders. Also, the genetic data available for corn is higher, followed by wheat.

The higher adoption of genetically modified crops such as corn, wheat, and rice in the US, Brazil, and China (only imported for feed purpose) has been a major factor contributing to the growth of the cereals & grains segment in the plant breeding market.

The molecular breeding segment is projected to witness the fastest growth during the forecast period.

Since the cultivation of GM crops has been adopted in all regions except Europe, the genetic engineering technique is projected to exhibit a sluggish growth in the coming years due to strong regulatory control of its practice in many countries. This holds true for CRISPR technology as well. Though, the CRISPR technology in agriculture promised exponential growth while its emergence, regulations by Europe in line with genetic modification, affected the adoption rate of CRISPR gene editing tool. However, since the molecular breeding technique is based on molecular markers for trait selection, it is completely unregulated across the globe; hence, the segment has higher growth potential in comparison with all other breeding techniques.


North America is estimated to dominate the market in 2018, while the Asia Pacific is projected to witness the fastest growth through 2023.

The increasing industrial value for corn and soybean in the US has been encouraging breeders to adopt advanced technologies for better yield, owing to which the adoption rate for crop genetics in this country has been high. Also, the limited regulatory control and high promotional support for intellectual property affairs in genetic technology have been extremely favorable toward the adoption of plant biotechnological tools in agriculture. Hence, North America dominated the global plant breeding market in 2017. On the other hand, there has been an ever-increasing demand for commercial seeds in the Asian market, in line with the improving economic conditions. Also, seed manufacturers such as Bayer, Monsanto, and Syngenta have been showing increasing interest in tapping this potential market, wherein the companies have been expanding their R&D centers across the Asia Pacific.

This report includes a study of development strategies of leading companies. The scope of this report includes a detailed study of major seed manufacturers that have in-house plant breeding facilities; these companies include players such as Bayer (Germany), Syngenta (Switzerland), DowDuPont (US), KWS SAAT (Germany), Limagrain (France), and DLF Trifolium (Denmark), and also major service providers, such as Eurofins (Luxembourg), SGS SA (Switzerland), Pacific Biosciences (US), Benson Hill Systems (US), Hudson River Biotechnology (US), Evogene (Israel), Bioconsortia (US), and Equinom (Israel).