Biostimulants Market: Growth Opportunities and Recent Developments

The report "Biostimulants Market by Active Ingredients (Humic Substances, Seaweed Extracts, Microbial Amendments, Amino Acids), Mode of Application (Folier, Soil Treatment, Seed Treatment), Form (Liquid, and Dry), Crop Type, & by Region - Global Forecast to 2026", The Biostimulants Market was valued at USD 3.2 billion in 2021; it is projected to grow at a CAGR of 12.1% to reach USD 5.6 billion by 2026.

Biostimulants encompass a diverse range of active ingredients, which include microbial inoculants, amino acids, humic acids, fulvic acids, seaweed extracts, and others (which include polysaccharides, trace minerals, and vitamins). These active ingredients are considered complementary to crop nutrition and crop protection products, and hence, there is a growing need for biostimulants from growers across the world. Furthermore, there is an increased demand for sustainably produced food, with a lesser concentration of synthetic chemicals and a higher concentration of biologicals. Hence, biostimulants are helping to address this issue sustainably by providing protection against stress and stimulating the plants growth.

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The Amino Acid by Active ingredient is projected to achieve the fastest growth in the Biostimulants Market.

Amino acids are available in the agricultural market as active ingredients that can cause an impact on the biochemical and physiological processes and functions of plants. They can be used as foliar sprays to increase yield, improve quality, enhance stress resistance, and facilitate the early maturity of crops. Enriching crop plants in essential amino acids have been observed to be of both economical and humanitarian interest.

The Liquid Form segment is estimated to account for the largest market share in the Biostimulants Market.

Liquid formulations provide various options to crop growers to mix the biostimulants with pesticides, fertilizers, or adjuvants. Some biostimulant active ingredients dissolve readily in a liquid solvent, such as water or a petroleum-based solvent. When mixed with the solvent, they form a solution that will not settle out or separate. Formulations of these biostimulants usually contain the active ingredient, the solvent, and one or more other ingredients.

The Fruits and Vegetables segment by crop type is estimated to account for the largest market share of the Biostimulants Market over the forecast period.

Biostimulants have played a vital role in fruits and vegetables to enhance the crop size, quality, health, stress tolerance, and reduce residue levels. The application of biostimulants in fruits has led to better fruit development; high crop yield; better quality with respect to size, color, and sugar content; prevention of fruit drops; and enhanced ripening.

The Foliar Method of Application is estimated to see the fastest market growth in the Biostimulants Market during the forecast period.

Foliar spray application of biostimulants is one of the most widely used methods that help in maximizing the productivity of plants. Plants absorb nutrients through the roots and the foliage. Many plant nutrients are needed in such great quantities that it is impractical to supply them through the foliage. However, when soil conditions are unfavorable, it may be desirable to make foliar applications of the biostimulants. When biostimulants are applied to the plants foliage, smaller quantities of the fertilizer or other agrochemical material are needed than when applied to the soil. The danger of fixation and/or leaching is also reduced when it is applied to the foliage of the plant.

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Asia Pacific is estimated to be the largest market.

The agriculture industry in Asia, particularly in the Southeast Asian countries, has witnessed effective transformation due to various technological advancements. This has resulted in the adoption of intensive agricultural practices and has led to a decrease in the nutrient levels of the soil. To revitalize the soil, the use of inoculants and biostimulants has been recommended by the agricultural authorities in various countries of Asia. Biostimulants enhance the physiological activities of the seed for early emergence and for optimum crop development at later stages under various climatic and agronomic conditions in the region.

Key Market Players:

The key players in this market include BASF SE (Germany), UPL (India), Valagro S.p.A (Italy), Gowan Group (US), FMC Corporation (US), ILSA S.p.A (Italy), Rallis India Limited (India), Haifa Group (Israel), Adama Ltd. (Israel), Biovert-Manvert (Spain), Koppert Biological Systems (Netherlands), Rovensa (Spain), and AgriTecno (Spain). 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.

Meat Testing Market Projected to Garner Significant Revenues by 2023

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is anticipated to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

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In terms of target tested, the pathogens testing segment is estimated to account for the largest share of the meat testing market in 2018.

On the basis of target tested, the pathogen testing segment is estimated to hold the largest share of the meat testing market in 2018. The level of contamination is at its peak during packaging and processing and due to improper storage practices, such as non-maintenance of a suitable temperature. Highly occurring pathogens in meat & seafood include E. coli, Salmonella, Campylobacter, Shigella, Vibrio, and many others.

Meat testing by PCR technology is estimated to hold the largest market share in 2018.

On the basis of technology, PCR accounted for the largest share of the market in 2018, followed by immunoassay. An advantage of PCR technology is its automated approach to testing, which provides quick results and aids the decision-making process for product recalls. Besides quick results, this technology can detect contamination at a level of 0.1%.

On the basis of sample type, poultry meat is estimated to hold the largest market share in 2018.

On the basis of sample type, poultry meat is estimated to account for the largest market share in 2018. The poultry meat sector provides ready-to-eat products, which should be safe for the consumer and have a long shelf life; thus, ensuring the microbial safety of poultry carcasses and cuts is an important issue. The demand for poultry meat is high as there is no religious barrier is eating poultry meat; also, poultry meat is healthier than red meat. Due to these reasons, the production of the poultry meat products is increasing, and therefore, it is vital to ensure the microbial safety of poultry meat products in the context of increasing consumption and production.

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North America is estimated to dominate the meat testing market in 2018.

North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Food Coating Market Growth by Emerging Trends, Analysis, & Forecast

The report "Food Coating Market by Ingredient Type (Batter, Flours), Application (Bakery, Snacks), Equipment Type (Coaters & Applicators, Enrobers), Form (Dry, Liquid), Mode of Operation (Automatic, Semi-Automatic), and Region - Global Forecast to 2023", The food coating ingredients and equipment markets are estimated to be valued at USD 2.73 billion and USD 1.93 billion, respectively, in 2018 and are projected to reach USD 3.62 billion and USD 2.31 billion, respectively, by 2023, at a CAGR of 5.8% and 3.7% from 2018 to 2023. The market is driven by factors such as rising demand for meat & seafood, poultry, bakery products, and confectionery products, growing demand for processed & convenience food, increased focus on production efficiency, processing time, and quality of food products, growing demand for innovative food coating products due to changing consumer trends.

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The cocoa & chocolate segment is estimated to account for the largest share of the food coating market, by ingredient type, in 2018.

On the basis of ingredient type, the cocoa & chocolate segment is estimated to account for the largest share of the food coating market in 2018 followed by fats & oils. The rapidly increasing demand for chocolate products from multiple food applications such as bakery products, confectionery products, and convenience food are expected to accelerate the demand for cocoa & chocolate food coating. This growth can be seen in emerging regions such as Asia Pacific, where, due to economic growth and improved income levels, people are demanding more premium food and ready meals. These factors have fueled the growth of this segment.

Meat & seafood segment is estimated to account for the largest market share in the food coating market, by application in 2018

On the basis of application, the meat & seafood segment is estimated to account for the largest market share in 2018. The growing demand for crunchy & crispy products is stimulating the growth for breaded products in the meat & seafood industry, which shows a positive outlook for the growth in demand for breading applicators in the food coating equipment industry. Further, the fast-growing economy, retail chains expansion, product competition in terms of taste & appearance, along with new product innovations in the meat & seafood industry, are expected to accelerate the demand for equipment in the food coating industry.

Semi-automatic segment is projected to grow at a higher CAGR among the two modes of operation in the food coating equipment market from 2018 to 2023.

On the basis of mode of operation, the semi-automatic mode of food coating equipment is projected to grow at a higher CAGR. Unlike fully automatic equipment which requires high capital investment, semi-automatic equipment enables small- and medium-scale manufacturers to achieve high yield with consistent quality and without compromising on production efficiency. Developing countries such as India, Vietnam, Indonesia, and China have several small and medium manufacturers of coated food who utilize semi-automated equipment. However, with the advancement in technologies and the ease of operation provided by fully automatic systems, the market size for semi-automatic systems is comparatively smaller than that of the former.

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North America is estimated to dominate the food coating ingredient market in 2018.

North America is expected to continue its dominant presence in the food coating ingredients market during the forecast period. The region is backed by superior food coating technologies and utilizes automatic equipment for coating food ingredients. Consumers in the US and Canada majorly consume salty snacks such as potato chips, which need dry coating. Apart from this, these countries consume frozen food that requires coating for an extended shelf life. Consumers in this region opt for cereal as breakfast options where coating is applied. The US is also a huge market for confectionery products. These factors have fueled the growth of the food coating market in North America.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such Marel (Iceland), GEA Group (Germany), Bühler AG (Switzerland), JBT Corporation (US), TNA Australia Pty Limited (Australia), Clextral (France), Dumoulin (France), Spice Application Systems (UK), Cargill (US), Kerry Group (Iceland), Tate & Lyle Plc (UK), Newly Weds Foods (US), PGP International (US), Archer Daniels Midland Company (US), Ingredion Incorporated (US), and Bowman Ingredients (UK).

Growth Opportunities in the Distillation Systems Market

The distillation systems market was valued at USD 5.94 billion in 2017; it is projected to grow at a CAGR of 5.1%, to reach USD 7.91 billion by 2023. The basic objective of the report is to define, segment, and project the global market size for distillation systems on the basis of components, techniques, type, industry, operation, process, and region. Other objectives include analyzing the opportunities in the market for stakeholders and providing a competitive landscape of the market trends, analyzing the macro and microeconomic indicators of this market to provide factor analysis and projecting the growth rate of the market. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

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This report includes estimations of the distillation systems market size in terms of value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets. The key players in the market have been identified through secondary research (from sources such as press releases and paid databases, which include Factiva and Bloomberg), annual reports, and financial journals; their market shares in respective regions have also been determined through primary and secondary research. All percentage shares splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

The market, based on technique, is segmented into fractional, steam, vacuum, multiple-effect (MED), and others. The vacuum segment is projected to grow at the highest CAGR among all distillation techniques from 2018 to 2023. The technique is widely used for the separation of components, where chances of decomposition are high due to changes in temperature and pressure. Vacuum distillation is commonly used for the separation of heavy hydrocarbon residues that are left during the atmospheric distillation of crude oil.

Based on application, the market is segmented into petroleum & biorefineries, water treatment, food, beverages, pharmaceuticals, cosmetics, and chemicals. Of the various applications, the beverages segment is projected to witness the fastest growth due to the high growth of the alcoholic beverage market. Distillation is an important process used in the manufacturing of alcoholic beverages, such as wine, beer, brandy, gin, rum, whiskey, and vodka. Although the continuous distillation process used in the manufacturing of alcoholic beverages dominates the market segment, the batch distillation process is also used significantly to manufacture alcoholic beverages with various flavors and different percentage levels of alcohol.

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The Asia Pacific market has witnessed robust growth in the distillation systems market. The Asian subcontinent is an emerging market, which is growing at a rapid pace. Desalination requirements, high consumption of alcoholic beverages, and the rising potential for industrial growth highlight the positive growth prospects in the region. Countries such as China, India, South Korea, Australia, and Japan are among the key manufacturing hubs in the region. Distillation system manufacturers are mainly focusing on expanding their presence in the Asia Pacific market through new product launches and expansions to strengthen their position. The growing R&D activities by governments as well as private organizations in the region is projected to drive the market growth. Technological advancements in Asia Pacific countries due to the development of infrastructure provides a potential scope for innovation in the production of distillation systems, thereby improving their cost-effectiveness and output.

The key players that are profiled in the report include GEA (Germany), Alfa Laval (Sweden), SPX FLOW (US), Sulzer (Switzerland), Core Laboratories (Netherlands), PILODIST (Germany), Anton Paar (Austria), Praj Industries (India), L&T Hydrocarbon Engineering (India), EPIC Modular Process Systems (US), BÜFA Composite System (Germany), and Bosch Packaging Technology (Germany).

Food Inclusions Market Growth Opportunities by 2023

The food inclusions market is estimated at USD 10.74 billion in 2018. It is projected to reach USD 15.78 billion by 2023, at a CAGR of 8.0%. The growth in the market is attributed to functional properties of food inclusions along with enhanced product appeal; clean label, non-GMO, and allergen-free inclusions; and taste trends and responsive development of new flavor profiles offering new avenues for growth. The chocolate segment is projected to dominate the global market through the forecast period. The market for chocolate inclusions is largely driven by its flavor popularity and consumer inclination toward chocolate components in food products such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products.

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In 2018, the chocolate segment is estimated to account for the largest share, by type, in the food inclusions market, in terms of value. Chocolate is among the most preferred and popular flavors among consumers, worldwide, and is a major factor that is expected to drive significant consumption of chocolate inclusions in the food & beverage industry. The use of chocolate inclusions adds gloss and enhances the taste of products, while also enhancing other organoleptic properties. Thus, the use of chocolate inclusions in varieties of food applications such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products is expected to drive the market.

Cereal products, snacks, and bars are estimated to form the major application in which food inclusions are most widely used. The consumption of various types of food inclusions in this application is largely attributed to the multiple benefits these inclusions add to the products in this category, such as addition of required flavors (fruit, chocolate, caramel, and nut), enhancement in product appearance in terms of color and visibility, and provision of required textures to products. Further, the use of inclusions enhanced the product value, both in terms of nutritional aspects as well as consumer requirements that drive the use of food inclusions in this segment.

The European market is estimated to account for the largest share in 2018. This can primarily be attributed to factors such as the region’s large-scale production and domestic consumption of food inclusions, which is fueled by food & beverage manufacturers’ urge for product innovation with the use of novel ingredients to cater to consumer indulgence. The market in Asia Pacific is projected to grow at the highest CAGR, owing to the rise in consumption of inclusions and their innovative usage in line with the flavor profile and other consumer requirements, along with the Westernization of diets. The resultant increase in the final price of end products acts as a restraint for the growth of this market.

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Key players such as Cargill (US), Tate & Lyle (UK), Kerry (Ireland), ADM (US), Barry Callebaut (Switzerland), AGRANA (Austria), Sensient Technologies (US), Inclusion Technologies (US), Georgia Nut Company (US), Taura Natural Ingredients (New Zealand), and Nimbus Foods (UK) adopted expansions & investments, acquisitions, new product launches, and joint ventures & partnerships with other players to strengthen their business, explore new & untapped markets, expand in local areas of emerging markets, and develop a new customer base for long-term client relationships.

Target Audience:

• R&D institutes and centers
• Raw materials suppliers to food inclusion manufacturers
• Food inclusion manufacturers
• Food inclusion distributors and traders
• Food & beverage manufacturers
• Regulatory bodies

Latest Regulatory Trends Impacting the Pesticide Inert Ingredients Market

The report "Pesticide Inert Ingredients Market by Type (Emulsifiers, Solvents, and Carriers), Source (Synthetic and Bio-based), Form (Dry and Liquid), Pesticide Type (Herbicides, Insecticides, Fungicides, and Rodenticides), and Region - Global Forecast to 2023", The pesticide inert ingredients market is projected to reach USD 4.7 billion by 2023, from USD 3.5 billion in 2018, at a CAGR of 6.14% during the forecast period. The market is driven by factors such as the increasing demand for specific inert ingredients in pesticide formulation and capability of inert ingredients to improve the efficacy of pesticide application.

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Pesticide inert ingredients for the herbicide segment is estimated to have the highest share during the forecast period.

Pesticide inert ingredients are used in herbicide spray solutions to accentuate the emulsifying or other surface modifying properties of liquids. Inert ingredients are mostly present in herbicide treatment solutions with the aim to improve the penetration of active ingredients into plant foliage or to reduce foaming activity of the spray solution. Also, with reference to the herbicides available in the market, the amount of inert ingredients used in herbicide solutions are higher compared to insecticides and fungicides.

High adoption of inert ingredients in the North American region also drives the overall pesticide inert ingredients market. The major use of the formulation of herbicides is in the form of emulsifiers and solvents.

The dry segment in terms of forms of pesticide inert ingredients is projected to witness the fastest growth during the forecast period.

Dry inert ingredients are available in various forms such as wettable powders, dust, granules, and talc. The dry form of inert ingredients is majorly used in the formulation of herbicides and rodenticides. Dry forms of pesticides help in attracting rodents in the fields and thus are preferred in agricultural fields for repelling and skilling rodents. The high share of herbicides in the pesticide industry also drives the market for dry inert ingredients.

Asia Pacific is projected to witness the highest growth in the pesticide inert ingredients market during the forecast period.

The Asia Pacific region is one of the leading consumers of pesticides across regions, even though the region mainly depends on imports for pesticide supply. Inert ingredients are increasingly consumed by pesticide manufacturers at the production facility during the formulation stage, and countries such as India, Thailand, and Vietnam depend on imports for pesticides. Hence, the market for pesticide inert ingredients remains smaller when compared to the Americas and Europe. However, the pesticide inert ingredients market is well-established in developed countries with the increasing establishment of production plants in Asian countries. Due to these factors, the use of inert ingredients along with pesticide application is projected to increase in the future.

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Key Market Players:

Major market players in the pesticide inert ingredients market are BASF (Germany), Clariant (Switzerland), DowDuPont (US), Stepan Company (US), and Croda International (UK). BASF SE (Germany), one of the world’s largest chemical companies, operates through seven major segments. With a broad product range, diverse customer base, and operations in more than 80 countries through its joint ventures and subsidiaries, the company has marked its presence on the growth trajectory. DowDuPont is another leading player wherein, Dow Crop Defense focuses on providing inert and additive ingredients, which enhances the effectiveness of pesticides and adjuvant formulations. This, in turn, helps farmers to produce and offer healthier crops. There are some other players in the industry, which are focusing on serving the market with various inert ingredient products and capturing a larger market share such as Eastman Chemicals (US), Solvay (Belgium), Evonik (Germany), Huntsman Corporation (US), Akzonobel (The Netherlands), Royal Dutch Shell (The Netherlands), and LyondellBasell Industries (Netherlands).

Key questions addressed by the report:

• Which market segments to focus on in the next two to five years for prioritizing efforts and investments?
• Which region will have the highest share in the pesticide inert ingredients market?
• Which type of pesticide inert ingredients witnesses high demand in each key country market?
• What are the trends and factors responsible for influencing the adoption rate of bio-based inert ingredients in key emerging countries?
• Which are the key players in the market and how intense is the competition?

Probiotic Ingredients Market Will Hit Big Revenues In Future

The report "Probiotic Ingredients Market by Application (Functional Foods & Beverages, Pharmaceuticals, and Animal Nutrition), Source (Bacteria and Yeast), Form (Dry and Liquid), End-User (Human and Animal), and Region - Global Forecast to 2023", is estimated at USD 268 million in 2018 and is projected to reach USD 402 million by 2023, growing at a CAGR of 8.5% during the forecast period. The market is driven by factors such as the increasing popularity of probiotic dietary supplements and the participation of government bodies in the R&D of probiotics.

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By application, the market has been segmented into functional food & beverages, pharmaceuticals, animal nutrition, and others which include cosmetics & personal care products. The pharmaceuticals segment is growing at the highest rate owing to a spike in the number of diseases such as antibiotic-associated diarrhea, inflammatory bowel disease, lactose intolerance, irritable bowel syndrome, vaginal infections, rheumatoid arthritis, liver cirrhosis, and immune enhancement. The intake of dietary supplements for overall improvement in health among consumers would drive the growth of the segment during the forecast period.

By form, the market has been segmented into dry and liquid. The dry form is projected to dominate the market during the forecast period owing to lower costs in transportation when compared with liquid form. The dry form of probiotic ingredients has a higher shelf-life, due to which it is preferred by manufacturers and suppliers.

By end use, the probiotic ingredients market has been segmented into animal and human use. While human use accounts for a larger market share during the forecast period, the usage of probiotic strains in the animal nutrition industry is growing. Probiotic strains are used in feed to enhance the effectiveness of nutrients and show their effects on the gut by aiding in better digestion and reducing the impact of pathogenic bacteria, which causes various diseases in animals. The animals can grow better as the feed is altered in terms of quality and palatability due to its added probiotic content. The aim of probiotic strains is to take care of deficiencies of the natural microflora and provide animals with better resistance against diseases.

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Probiotics are gaining popularity in the Asia Pacific market particularly in the animal nutrition segment due to the growing concerns about their health and productivity. The application of probiotic strains is projected to increase due to the consumer demand for application in functional foods and pharmaceutical end products. India offers a huge potential in this region due to the increasing number of pharmaceutical companies involving themselves in the licensing and development of probiotic drugs. China’s growth in terms of sales is attributed to the growing application of probiotics in the infant formula business.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as Kerry (Ireland), DowDuPont (US), Chr. Hansen (Denmark), Biogaia (Sweden), Probi (Sweden), Glac Biotech (Taiwan), Bifodan (Denmark), Lallemand (Canada), UAS Laboratories (US), and Biena (US).