Biostimulants Market: Growth Opportunities and Recent Developments

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 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.

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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.

 

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.

 

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.

Integrated Food Ingredients Market Growth by Emerging Trends, Analysis, & Forecast

The report "Integrated Food Ingredients Market by Function (Taste Enhancers, Form, Texture, Preservation, and Coloring), Integrated Solutions (Dairy, Beverage, Bakery & confectionary, Snacks & Savory and Meat & Meat Products), and Region - Global Forecast to 2023", The integrated food ingredients market is estimated at USD 60.90 billion in 2018 and is projected to reach USD 77.48 billion by 2023, growing at a CAGR of 4.9% during the forecast period. The market is driven by factors such as the increase in the consumption of processed food, growing awareness about food preservation, along with an increase in disposable income.

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Based on function, taste enhancers dominated the market in terms of value. The application of these integrated food ingredients in various applications such as dairy products, beverages, savories, and meat products enhance the taste of food products.

 

The ingredients segment, by application in beverages, accounted for the largest share of the global market in 2017. The increasing consumption of fruit juices, vegetable juices, and energy drinks has spurred the growth of natural integrated food ingredients.

 

The meat products segment, by flavors, accounted for the largest share of the global market in 2017. Integrated food ingredients are highly used in this industry to preserve meat for a longer period of time, which augments the growth of the meat export business of the country. These meat products are most widely consumed in North America, thus affecting the processed meat market in this region.

 

Asia Pacific is projected to be the fastest-growing market for integrated food ingredients during the forecast period. The processed food industry in the Asia Pacific region is experiencing growth, owing to the changing lifestyles of customers. Additionally, the processed food market in the region is also highly dynamic in nature. Consumer preferences are constantly changing in response to rapid urbanization, diet diversification, and liberalization of foreign direct investment in the food sector. The rise in incomes, increase in purchasing power, and significant consumer demand for nutritional & healthy products are expected to provide promising prospects for the growth and diversification of the integrated food ingredient sector in this region. Food items such as breakfast snacks & savories, infant formula, confectionery products, and bakery & confectionery products are widely consumed in this region. They have intrinsic properties of integrated foods, which makes the consumers receptive to these products.

 

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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 CARGILL (US), ADM (US), DUPONT (US), ABF (UK), BASF (Germany), Kerry (Ireland), DSM (Netherland), Tate & Lyle (UK), Symrise (Germany), IFF (US), Dohler (Germany), Northwest Naturals (US), GAT Foods (Israel), and FIRMENICH (Switzerland).

Distillation Systems Market Growth by Emerging Trends, Analysis, & Forecast

The report "Distillation Systems Market by Technique (Fractional, Steam, Vacuum, MED), Application (Water Treatment, Food, Beverage, Petroleum, Pharmaceutical, Chemical), Operation (Continuous, Batch), Component, Type, Process, and Region - Global Forecast to 2023", The distillation systems market is estimated to at USD 6.17 billion in 2018 and is projected to reach USD 7.91 billion by 2023, at a CAGR of 5.1%. Factors such as growing industrialization and urbanization have significantly fueled the market growth of distillation systems for various industrial applications. Increasing urbanization leads to a surge in demand for water treatment systems and products from the oil & gas, food & beverage, healthcare, and manufacturing industries. Imposition of regulations and rise in the demand for pure products including water is projected to fuel the demand for the distillation systems. On the account of these factors, the global market is projected to witness significant growth during the forecast period.

 

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The distillation systems market, based on components, is segmented into column shells, plates & packings, reboilers & heaters, condenser, and others. The column shells segment is estimated to dominate the market with the largest share in 2018 due to the high cost of the components. This is followed by the plates & packings segment, as these are consumable components in the distillation systems and are used largely across industries.

 

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 change 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.

 

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.

 

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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 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).

Sustainable Growth Opportunities in the Food Enzymes Market

The report "Food Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Source, Application (Food & Beverages), Formulation, and Region (North America, Europe, Asia Pacific, and South America) – Global Forecast to 2026" The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The growing demand for diverse range of food products, clean label trend, and increase in disposable income are the factors that are projected to drive the growth of the food enzymes market globally.

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

 

Based on source, the food enzymes market is segmented into microorganism, plant, and animal. The microorganism segment is projected to witness the fastest growth during the forecast period, as enzymes obtained from microbial sources lead to low production costs and are stable than other sources. They can be produced through fermentation techniques in a cost-effective manner with less time and space requirement, and because of their high consistency, process modification and optimization are easily done. 

 

The carbohydrases segment is projected to account for a major share in the food enzymes market during the forecast period

 

By type, the food enzymes market is segmented into carbohydrases, proteases, lipases, polymerases & nucleases, and other enzymes (such as catalases, laccases, oxidases, phosphatases, kinases, esterases, and pectinases). Carbohydrases are classified into amylases, cellulases, and other carbohydrases (such as pectinases, lactases, mannanases, and pullulanases). Amylase is used in the baking industry as the addition of amylase to the dough, enhances the fermentation rate which results in the reduction of the viscosity of dough, further improving the volume and texture of the product. Due to easy modification and optimization processes, there is a huge usage of amylase in the food & beverage industry.

 

The North American region dominated the food enzymes market with the largest share in 2020, whereas Asia Pacific is expected to witness the highest growth rate.

 

The food enzymes market in North America was dominant due to the increasing demand for enzymes in food applications. Technological innovations in machinery, optimization of production, logistics, and globalization of business have made the food & beverage industry one of the essential sectors in North America. However, the shift of food operations from developed regions, such as North America and Europe, to Asia Pacific, has further contributed to the growth of the food enzymes market in the Asia Pacific region. 

 

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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 DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHR. Hansen Holdings A/S(Denmark), Kerry Group (Ireland), Jiangsu Boli Bioproducts Co., Ltd. (China), Biocatalysts Ltd. (UK), Puratos Group (Belgium), Advanced Enzyme Technologies Ltd (India), Amano Enzyme Inc. (Japan), Enzyme Development Corporation (US), ENMEX, S.A. de C.V. (Mexico), Aumgene Biosciences (India), Creative Enzymes (US), SUNSON Industry Group Co., Ltd (China), AUM Enzymes (India), Xike Biotechnology Co. Ltd. (China), and Antozyme Biotech Pvt Ltd (India).  

Growth Opportunities in the Functional Proteins Market

The report "Functional Proteins Market by Type (Whey Protein Concentrates, Isolates, Hydrolysates, Casein, Soy Protein), Source (Animal, Plant), Form (Dry, Liquid), Application and Region – Trends and Forecast to 2025" According to MarketsandMarkets, the global functional proteins market size is estimated to be valued at USD 4.6 billion in 2020 and projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period.

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The demand for functional proteins is increasing significantly owing to the shift in consumers’ food-related preferences and rising prevalence of chronic diseases. Rising health awareness and increase in disposable income across the globe are key factors that are driving the growth of the functional proteins market. The millennial population is capturing a large share of the market as the ongoing health and wellness trend ergo the surging internet penetration is altering consumer preferences and moving towards adapting protein-infused functional foods into their diets in order to maintain quality of life.

 

The functional food segment, by application, is projected to witness significant growth during the forecast period.

 

The deficiency of proteins in adults is one of the key factors that have led to the rise in the consumption of functional food products among adults. This deficiency is mainly due to the untimely schedules and hectic lifestyles of comsumers, which leads to unhealthy eating habits and irregular diets. As a result, there is a demand for healthy, on-the-go functional food products which significantly reduce consumption time while providing essential nutrition.

 

The North American region dominates the functional proteins market with the largest share in 2020.

 

North America is projected to hold the largest share in the functional proteins 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 consuming functional proteins. Also, obesity is on the rise among the North American population, especially the US. 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 drive the growth of the functional proteins market.

 

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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, ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), BASF (Germany), Glanbia (Ireland), Fonterra (New Zealand), DSM (Netherlands), FrieslandCampina (Netherlands), Essentia Protein Solutions (UK), Amai Proteins (Israel), Mycorena (Sweden), Merit Functional Foods (Canada), Plantible Foods (US), BENEO (Germany), ProtiFarm (Gelderland), and Omega Protein (US).

Upcoming Growth Trends in the Agricultural Testing Market

The report "Agricultural Testing Market by Sample (Soil, Water, Seed, Compost, Manure, Biosolids, Plant Tissue), Application (Safety Testing (Toxins, Pathogens, Heavy Metals), Quality Assurance), Technology (Conventional, Rapid), and Region - Global Forecast to 2022",agricultural testing market is estimated to be valued at USD 4.56 Billion in 2017, and is projected to reach USD 6.29 Billion by 2022, at a CAGR of 6.64%. The market is driven by stringent safety and quality regulations for agricultural commodities, increase in outbreaks of foodborne illnesses, and rapid industrialization leading to the disposal of untreated industrial waste into the environment.

 

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Soil segment is estimated to be the largest in 2017

 

The agricultural testing market, by sample, is estimated to be dominated by the soil segment, since soil testing helps to determine the fertility or the expected enhancement of the soil, which indicates nutrient deficiencies, potential toxicities from excessive fertility, and inhibitions due to the presence of non-essential trace minerals.

 

Quality assurance segment set to dominate the market by2022

 

The agricultural testing market, by application, is projected to be dominated by the quality assurance segment during the forecast period. Increase in requirements for the quality of agrarian products in the world can be attributed to the export-oriented agricultural food sector as well as the need for implementing modern mechanisms of quality assurance, witnessed due to globalization.

 

Rapid technology segment is projected to be the fastest-growing market during the forecast period

 

The rapid technology segment is estimated to dominate the market for agricultural testing in 2017, and is also projected to be the fastest-growing from 2017 to 2022. Low turnaround time, higher accuracy & sensitivity, and the capacity to test a wide range of contaminants compared to the conventional technology are the factors driving the market for rapid technology.

 

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Asia Pacific is projected to be the fastest-growing market during the forecast period

 

The Asia Pacific market is projected to grow at the highest CAGR from 2017 to 2022. Major growth drivers of the region include increased adoption of advanced biotechnological methods and organic farming resulting in the need for agricultural testing, and an increase in the number of exports from the region, necessitating agricultural testing for the produce.

 

This report includes a study of marketing and development strategies, along with the services & product portfolios of leading companies. It includes the profiles of leading service companies such as SGS (Switzerland), Intertek (UK), Eurofins (Luxembourg), Bureau Veritas (France), ALS Limited (Australia), and TÜV NORD GROUP (Germany). It also includes profiles other players that also have significant share in this market such as Mérieux (US), AsureQuality (New Zealand), RJ Hill Laboratories (New Zealand), SCS Global (US), Agrifood Technology (Australia), and Apal Agricultural Laboratory (Australia).

Sustainable Growth Opportunities in the Vitamin & Mineral Premixes Market

 The report "Vitamin & Mineral Premixes Market by Type (Vitamins, Minerals, Vitamin & Mineral Combinations), Application (Food & Beverages, Feed, Healthcare, and Personal Care), Form (Powder and Liquid), and Region - Global Forecast to 2022", The market for vitamin & mineral premixes, in terms of value, is estimated at USD 6.93 Billion in 2017 and is projected to reach USD 8.93 Billion by 2022, at a CAGR of 5.2%.

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The vitamin & mineral combinations segment accounted for the largest share during the forecast period.

 

In 2016, on the basis of type, the vitamin & mineral combinations segment accounted for the largest share, in terms of both value and volume. The large market share of vitamin & mineral combinations in various food & feed applications can be attributed to these products being a cost-effective solution to customers and supplying multiple nutrients to humans and animals. Also, one of the factors fueling the growth of this market is the occurrence/prevalence of vitamin & mineral deficiencies and anemia in developing countries. Leading manufacturers are tapping this opportunity and addressing the malnutrition concerns by introducing blends of vitamin and mineral premixes for a wide range of applications.

 

Healthcare: The fastest-growing application in the vitamin & mineral premixes market.

 

In 2016, the healthcare segment accounted for the largest share of the vitamin & mineral premixes market, in terms of value, and is projected to grow at the highest CAGR from 2017 to 2022. With the increased occurrence of health problems such as obesity, malnutrition, and weak immune systems and rise in geriatric population, the demand for dietary supplements and products which are high in nutrition has increased. Significant growth in the demand for infant formula products is one of the major factors driving the growth of the vitamin & mineral premixes in the healthcare segment.

 

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Asia Pacific is projected to be the fastest-growing market for vitamin & mineral premixes.

 

The demand for food and feed products with specific health benefits is experiencing growth in the Asia Pacific region owing to the changing lifestyles of customers. The major drivers for vitamin & mineral premixes in this region are the growing regional population; rise in disposable incomes; rapid urbanization, especially in China, India, and Japan; and continuous modernization in the food & feed industry. Rising population and changing consumer tastes & preferences for healthy and sustainable lifestyles drive the growth of the vitamin & mineral premixes market.

 

This report studies marketing and development strategies, along with the product portfolios of leading companies such as DSM (Netherlands), Corbion  (Netherlands), Glanbia (Ireland), Vitablend Nederland (Netherlands), Watson (US), SternVitamin (Germany), The Wright Group (US), Zagro Asia (Singapore), Nutreco (Netherlands), Farbest-Tallman Foods Corporation (US), Burkmann Industries (US), and Bar-Magen (Israel).