Biological Seed Treatment Market Growth Opportunities by 2025

The global biological seed treatment market is projected to reach USD 1.7 billion by 2025, from USD 0.9 billion in 2020, at a CAGR of 11.9% during the forecast period. The market has been growing at a significant rate due to the increasing need for a sustainable approach in agricultural operations in developed countries. Strong research funding by key manufacturers on product development such as compatible combinations of biological and chemical components is expected to drive the growth of the market over the next five years.

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Companies such as BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), Corteva Agriscience (US) have been focusing on technological innovations in seed inoculation and patent registrations for new product launches to strengthen their market base in the concerned market. Apart from these companies, other biological seed treatment companies include Valent BioSciences (US), Verdesian Life Sciences (US), Plant Health Care (US), Precision Laboratories (US), Koppert Biological Systems (Netherlands), Italpollina (Italy), and Incotec (Netherlands), which have been strengthening their market position through product launches and distribution technology agreements.

Expansions were the most used strategy by the key players in the seed treatment market. RD centers/innovation labs were inaugurated by companies such as BASF SE (Germany), Syngenta Group (Switzerland), Koppert Biological Systems (Netherlands), and Incotec (Netherlands). Due to the overall growing demand for biostimulants and microbial-based technologies, companies such as BASF SE (Germany), Incotec (Netherlands), Valent BioSciences (US), and Italpollina (Italy) have invested in the upgradation expansion of their existing facilities or establishment of new manufacturing facilities.

Bayer AG (Germany) is one of the active players in the biological seed treatment market. A considerable amount of Bayer revenue goes into research development activities to offer innovative products and practices to the farming community across the world. Bayer has successfully pushed products into the market through its farmer engagement programs. Bayer has made significant investments in the acquisition of seed treatment technology providers and established research collaborations for the development of microbial seed treatment products through its SeedGrowth business unit. The acquisition of Monsanto (US) in 2018, has been a big milestone in Bayer’s history of developments, which has allowed the company to enhance its research on new technologies for improving the available solutions for crop protection. In 2018, the company received marketing authorization in many countries for new mixtures and formulations, which will further strengthen its global presence. It has also expanded its global presence, clubbed with high levels of investments in RD activities to serve its customers with innovative products in biological seed treatment market.

Syngenta Group (Switzerland) has been a leading player in the agricultural industry by offering diverse innovative solutions to the market place. Through its product investment partnership approach, the company focuses on delivering sustainable solutions through its seed treatment technology in order to capitalize on a growing market demand for biological solutions, and progress to a formidable position at the preliminary stage of the market. It has a strong brand image and early mover advantage due to the introduction of Clariva, the first biological nematicide for seed treatment. In October 2020, Syngenta Group announced the acquisition of Valagro (Italy), a leading Biologicals company, through its business unit Syngenta Crop Protection. Through this strategy, Syngenta Crop Protection positions itself as one of the key global companies to shape the rapidly growing biologicals market, which is set to nearly double in size over the next five years.

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The global biological seed treatment market was dominated by North America, followed by Europe, APAC and South American regions. This is due to the countries in North America are set to rapid adoption of modern agricultural technologies and increase in the ban of certain chemical formulations inorder to develop a sustainable approach to diminish the environmental risks caused by pesticides usage.

Food Coating Market to Showcase Continued Growth in the Coming Years

The global Food Coating Market is projected to reach 5,936.3 USD Million by 2023 at a CAGR of 4.98% from 2018-2023. 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 a value of USD 3.62 billion and USD 2.31 billion by 2023, respectively, at a CAGR of 5.8% and 3.7% from 2018 to 2023. The key players profiled have a strong presence in the global food coating equipment market; they include Marel (Iceland), GEA Group (Germany), Bühler (Switzerland), JBT Corporation (US), and Clextral (France).

 

 

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The key market players adopted various growth strategies such as new product launches, expansions, investments, acquisitions, and partnerships, in order to cater to the increasing demand for food coating equipment. The companies in this market focus on increasing their product portfolios through strategic acquisitions and on expanding their manufacturing capacities.

 

The companies in the food coating ingredient industry adopted all developmental strategies in 2015 but mainly focused on acquisitions to sustain and grow in the market. In the same year, new product launches & agreements, joint ventures, and partnerships were the second-most favored strategies. The developments observed in the market are expected to increase with the increasing consumption of bakery, confectionery, and processed meat products. In 2018, companies are mainly focusing on adopting strategies such as expansions, investments, partnerships, and joint ventures to retain their market share and meet consumer demand, globally. For instance, in July 2018, Kerry Group (Iceland) invested in the expansion of its Wittstock breadcrumb manufacturing facility in Germany. This expansion will help the company to serve its customers in the European region better. The expansion is expected to involve the installation of a new crumb baking line and a warehouse extension.

 

Cargill (US) has a robust product offering in the food coating ingredients market and occupies a major share due to its large distribution network, strong geographical presence, and high brand value. The company operates through four business segments, namely, food ingredients & applications, animal nutrition & protein, origination & processing, and industrial & financial services. It offers coating ingredients through its food ingredients & applications division. It has been consistent in strengthening its position in the food coating ingredient market by engaging in strategic acquisitions and expansions. The company has a global presence and focuses on continuous improvement and innovation with regard to its growth prospects. In terms of organic growth strategies, the company focuses on expansions. It also focuses on expanding its product portfolio of food coating ingredients through inorganic development, and in line with this strategy, the company acquired ADM’s global chocolate business in August 2015. This acquisition helped the company to strengthen its position in the cocoa and chocolate industry.

 

GEA Group is one of the well-established manufacturers of a wide range of food coating equipment to multiple food industries such as bakery products, confectionery products, snacks, meat & seafood, and baking cereals. The operating segments of the company include business area equipment and business area solutions. The business area equipment segment specializes in the development of food processing equipment and technologies, while the business area solutions segment is involved in providing customized equipment and technologies that cater to industries such as food & beverages, chemical, and pharmaceuticals.

 

There have been multiple organic attempts by the company to grow within the food coating technology market. The increased demand for the company’s highly efficient coating line for confectionery products is one of the driving factors for the increase in the company’s presence in the food coating technology market across developed as well as developing regions such as Europe and South America. The company has focused on continuous improvement of its production efficiency and has strategized its approach to new product launches to meet the varying demand from customers.

 

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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.

Meat Testing Market to Showcase Continued Growth in the Coming Years

The global meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach a value of USD 11.48 billion by 2023, growing at a CAGR of 7.7%. The key players profiled have a strong presence in the global meat testing market; these include SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins (Luxembourg), and TUV SUD (Germany).

 

 

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The key market players adopted various growth strategies such as acquisitions, expansions & investments, partnerships, and new service launches to cater to the increasing demand for meat testing services and expand their business. The companies in this market focus on increasing their R&D expenditure to develop new meat testing technologies that provide quick and accurate results; companies also focus on expanding their service facilities by increasing their geographic presence.

 

Several key players in this market adopted acquisitions, which help to increase their presence and increase their market share in the meat testing market. Companies are expanding and investing in new technologies to create new techniques for getting better results for a sample test for different species. Companies such as SGS (Switzerland), Eurofins (Luxembourg), and Intertek (UK) are expanding their service facilities by acquiring other companies. Companies such as Mérieux NutriSciences (US) are expanding its operations in France by opening a food chemistry laboratory; this enhanced the company’s business network in France.

 

SGS (Switzerland) has been one of the major players in the global meat testing market. It offers meat testing services in Europe, the Middle East, Asia, and the Americas. In April 2018, SGS acquired Oleotest NV (Belgium), a chemical testing services provider for food and feed. This acquisition would enable the expansion in a complementary segment for chemical analyses, which would strengthen the company’s leading position for food (meat) and life sciences in Belgium. In December 2016, SGS acquired 70% stake in Biopremier (Portugal), a company which specializes in DNA sequencing services for the meat sector.

 

Eurofins (Luxembourg) strengthened its position in the meat testing market, mainly through expansions. It capitalizes on its portfolio of 130,000 reliable analytical methods that allow it to offer services that characterize the safety and authenticity of products and biological substances. In December 2016, Eurofins expanded its network by widening its geographic presence in Asia. It developed a new team which is in operation in the Philippines. This expansion is strategized to cover the markets of Vietnam, Indonesia, and the Philippines.

 

Bureau Veritas (France) focuses on developing its network through strategic acquisitions. The company has a broad service portfolio for various technologies such as ICP-MS and PCR in the meat testing market. Bureau Veritas (France), in March 2017, acquired Schutter Group B.V. (Netherlands), a leading TIC service provider for food & agri commodities. This acquisition strengthens its business network in Europe, South America, and Asia.

 

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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.

Biofortification Market Growth by Emerging Trends, Analysis, & Forecast

The global biofortification market is estimated at USD 78 million in 2018 and is projected to grow at a CAGR of 8.6% to reach USD 118 million by 2023. The growth of the biofortification market is driven by the rising demand for high nutritional content in food.

Key players that have a strong presence in the biofortification market include Syngenta (Switzerland), Bayer (Germany), BASF (US), Eurofins Scientific (US), and DowDuPont (US).

 

 

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These market players adopted growth strategies such as expansions and mergers & acquisitions to cater to the increasing demand for biofortification. Major players are mainly focusing on undertaking expansions for innovating and developing research centers to meet the growing requirements of consumers in terms of sales and distribution.

The core strength of key players identified in this market is their growth strategies such as expansions. Undertaking expansions enable market players to enhance their presence in the biofortification market. These companies have maintained their positions in the market through strategic developments. They also have broad industry coverage and strong operational and financial strength; they have grown organically and inorganically in the recent past.

 

Syngenta is a leading agrochemicals company which operates through three business segments crop protection, seeds, and lawn & garden. The company has adopted “The Good Growth Plan” as one of its strategies to maintain sustainability in the environment. It markets its products in over 90 countries across the globe. It has R&D centers in Switzerland, the UK, the US, and India, along with advanced manufacturing facilities in Switzerland, the US, the UK, France, India, China, and Brazil. In March 2018, Syngenta acquired Strider (Brazil), an AgTech company dealing in operational management solutions for farms. This acquisition helped the company to provide innovative digital solutions for the management of on-farm information. Syngenta is committed to provide sustainable agriculture products through innovative research and technologies. It has R&D centers in over 150 sites around the world. The company has been increasingly gaining share in the biofortification market by offering competitive genetic solutions for plant breeders.

 

Intertek developed its local capabilities and services at its laboratory in Beira, Mozambique. This would support the local agricultural businesses in Mozambique as well as in the East African region. Intertek is considered an industry leader in the testing and inspecting market for a wide range of industries as it operates with more than 43,000 employees in 1,000 locations in over 100 countries. The aim of the company is to deliver quality assurance expertise to its customers. It ensures that its products meet quality, safety, health, and social accountability standards in any market around the world. To sustain its dominance in the global market, the company is focusing on strategies such as expansions and acquisitions. In November 2014, Intertek acquired ScanBi Diagnostics (Sweden), a provider of global hi-technology DNA and protein-based analyses, and quality services for seed, agriculture, agro-biotech, food, and feed industries.

 

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The Asia Pacific is the dominant region in the biofortification market. Biofortification of crops has strong growth potential in agriculture, and it also improves the nutrition content in food. The biofortification market has grown considerably over the last five years, and this trend is expected to continue in the near future. The growing consumer demand for high nutritional content in food is projected to fuel the demand for biofortified crops, globally. Since the last decade, many countries in the Asia Pacific region have banned the usage of GM technology, and the researchers are opting to adopt biofortified crops as a key to unlock the region’s food production.

Trace Minerals in Feed Market to Showcase Continued Growth in the Coming Years

The global trace minerals in feed market size is estimated to be valued 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 increasing demand for polutry, changing consumer preferences due to fast-paced lifestyles, and increased need for high protein sources in food products is driving the market for Trace minerals in feed during the forecast period.

 

 

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Key players in this market include Cargill, Incorporated (US), Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (US), Novus International (US), and Kemin Industries, Inc. (US), Zinpro Corporation (US), Alltech (US), Tanke (China), Global Animal Products (US), Orffa (Netherlands), BASF SE (Germany), Bluestar Adisseo (China), JH Biotech, Inc. (US), and Virbac (France).

Expansions and collaborations were the key strategies adopted by the leading players in the Trace minerals in feed market with a view to improve their product line and presence in the market.

 

Cargill, Incorporated (US) operates through food, agriculture, and financial and industrial products and services. The company provides a vast range of trace mineral products through its animal nutrition segment for beef cattle, dairy cattle, goats, swine, and horses. Furthermore, Cargill offers many animal nutrition products under its famous brands, such as Provimi, Purina, Diamond V, and Nutrena, which deliver essential trace minerals required in feed products to improve their health.

 

Cargill has 17 innovation and application centers across the globe that focus on the development of animal nutrition products and new methods to maximize feed conversion and improve animal performance. The company focuses on undertaking strategies, such as investments and partnerships, to expand the feed and nutrition business. For instance, the acquisition of Pro-Pet (France) in 2018 and partnership with InnovaFeed (France) helped it meet the nutritional needs of the growing livestock population. The global COVID-19 pandemic has led to an increase in consumer demand across the globe. However, the company has been successful in quickly adjusting its manufacturing operations and supply chains to help customers deliver food products to places where it is increasingly required. In the US, Cargill partnered with a restaurant chain to divert 90 million shell eggs to retail stores, while in Canada, it quickly re-packaged 4,000 cases of chicken breast originally intended for fast-food sandwiches to fill grocery store shelves.

 

Archer-Daniels-Midland Company (ADM) (US) is one of the major suppliers and manufactueres of animal nutrition products. ADM is addressing this demand by providing a wide range of innovative products for the animal nutrition market. We work closely with customers, universities and nutrition experts to research, develop, and create high-quality animal nutrition products. ADM’s product offerings range from amino acids and feed enzymes to high-quality macro feed ingredients, supplements, premixes, custom ingredient blends and specialty feed ingredients to aid in optimizing animal health and nutrition.

 

ADM is a member of more than 200 business and trade associations in the company that has its presence in more than 200 countries across the globe, 330 food and feed ingredient manufacturing facilities, 62 innovation centers, and the world’s premier crop transportation network. It mainly focuses on undertaking research and expansion strategies. For instance, in 2019, ADM opened its new livestock feed plant in Vietnam and acquired Neovia (US), an animal nutrition company, to expand its geographic reach and efficiently serve consumers around the world. Archer Daniels Midland Company (ADM) has recently comleted the acquisition of Neovia, which is also a major player in the animal nutrition industry.

 

BASF SE (Germany) operates through six segments, which include chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. It provides a range of trace minerals for feed products through its animal nutrition segment. It has a strong focus on undertaking innovation and development. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates in six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. BASF has customers in over 190 countries and supplies products to various industries. In animal nutrition, enzymes are used predominantly for monogastric animals such as pigs and poultry. BASF enzymes are added to feed, indigestible feed components so that they can be digested in the gastrointestinal tract. This means that the animals consume less feed and grow better, which is reflected in better efficiency.

 

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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. 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.

Proanthocyanidins Market: Growth Opportunities and Recent Developments

The global proanthocyanidins market is estimated to be valued at USD 198 million in 2019 and is projected to reach USD 280 million by 2025, recording a CAGR of 6.0% during the forecast period. Increasing awareness level among people regarding the health benefits of proanthocyanidins has encouraged the purchase decisions of consumers. Advanced technologies have enabled consumers to know more about health & wellness. Moreover, the rise in the aging population in countries of North America and Europe has also increased the use of proanthocyanidins in pharmaceuticals and dietary supplements.

 

 

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The key players in the proanthocyanidins market include Naturex (France), Indena SPA (Italy), Nexira Inc. (France), Polyphenolics (US), Xian Yuensun Biological Technology Co.,Ltd. (China), Natac (China), Eevia Health (Finland), Fruit D'or (Canada), Scott Laboratories (US), Elementa Food Ingredients (France), and Changsha Botaniex Inc. (China). Market leaders such as Naturex (France) and Nexira (France) are focusing on tapping the potential markets through new product development launches, expansions, and investments.

 

Naturex (France) is one of the major players in the proanthocyanidins market. Naturex produces and sells natural ingredients for the food & beverage, nutraceutical, pharmaceutical, and personal care industries. The company specializes in the production of natural extracts for use as colorants and flavoring agents, as well as with nutraceutical and antioxidant properties. It provides natural extracts from plants and vegetables for the flavoring, coloring, and preservation of food products. The company offers natural color products under the “my natural food” segment. In April 2017, Naturex launch two new products and has strengthened its portfolio of healthy aging ingredients with the addition of ThinkBlue (UK), a wild blueberry extract for cognitive health, and Turmipure, an organic turmeric extract for joint health.

 

Nexira (France) is one of the leading players in the proanthocyanidins market. Nexira is a global leader in natural and organic ingredients for the food, health, and nutrition industries. The company entered into a strategic partnership agreement with Omega Pharma NV (The Netherlands), one of the largest OTC healthcare companies in Europe and InQpharm Group (Malaysia), a specialty pharmaceutical company. In January 2018, these international players in the nutraceutical industry signed a “novation” agreement stated InQpharm transferred its ingredient segment to Omega Pharma (Belgium) and Nexira. The partnership helped the company to strengthen its ingredients product portfolio.

 

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The North American proanthocyanidins market is projected to account for the largest share by 2025. The region has traditionally been a major consumer of proanthocyanidins. The rise in the aging population, increased consumption of healthy food, and growing demand for pharmaceuticals are the major factors driving the market in North America. Functional foods, which provide health benefits beyond basic nutrition, have gained higher importance in the last decade. Typically, food marketed as functional food contains ingredients (such as Proanthocyanidins) with specific health benefits. Consumers are seeking added health benefits from the food consumed, and increasing awareness among them is driving the growth of the functional food & beverage segment in the proanthocyanidins market.

Snack Pellet Equipment Market to Showcase Continued Growth in the Coming Years

The snack pellet equipment market, in terms of value, is estimated to account for nearly USD 1.0 billion in 2019 and projected to grow at a CAGR of 5.2%, to reach nearly USD 1.4 billion by 2025. This is due to the rising demand for extruded snacks globally. Snack pellets are non-expanded intermediate products that are usually produced through the extrusion process using various raw materials such as potato, corn, tapioca, and rice. The extruder is the main equipment, which is used to press the raw material and produce pellets. The key snack pellet manufacturers are also adopting new technologies for the production of snack pellets, which include single screw extrusion, twin-screw extrusion, and co-extrusion. These processes aid in the manufacturing of snack pellets that are of various shapes, textures, and sizes. However, the technological advancements in the snack pellet equipment to produce 3D pellets have also led to an increase in the production capacity in a short time, thus driving the market growth.

 

 

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The key players in this market include Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).

 

Major players in the market are mainly focusing on undertaking expansions for innovating and developing research centers to meet the growing requirements of consumers.

 

The core strengths of key players identified in this market are their growth strategies such as new product launches and acquisitions. Undertaking new product launches and expansions have enabled the market players to enhance their presence in the snack pellet equipment market. Key players such as GEA Group (Germany) undertook these strategies to improve their distribution network, gain a stronger foothold, and enhance market share. For example, GEA Group (Germany) acquired Pavan Group (Italy) to expand in the snack pellet equipment market and increase their market share.

 

Clextral (France) is focusing on offering a diverse variety of snack pellet equipment products. For example, in December 2016, Clextral launched EVOLUM+ twin-screw extruders equipped with advanced technology, which provides high flexibility and control and ensures high product quality and stability.

 

Clextral (France) is one of the leading providers of snack pellet equipment. It offers food & feed production lines, plastic processing, pulp processing, pilot line, chemical processing line, and equipment such as twin-screw extruders, fish feed extrusion systems, preconditioners, rotate dryer, dies, cutters, belt dryer, and DKM pumps. It operates as a division of Groupe Legris Industries. The company’s food and feed product line includes breakfast cereals, pet food, pet treats, fish feed, baby food, and flavors. Clextral has processing lines that integrate extruders, dryers, and ancillary equipment. The company provides technologies such as extrusion porosification technology, green extrusion technology, and drying technology. Clextral’s business is divided into four segments such as food & feed, powder industries, green industries, and pumps. The company operates in 94 countries and has its presence in North America, Europe, the Asia Pacific, the Middle East & Africa, and Latin America. The company has four research centers in France, the US, and Australia. It has five sites in France, the US, Chile, Denmark, and 11 sales units in France, the US, Algeria, Morocco, Chile, China, Australia, Brazil, Vietnam, Denmark, and Russia.

 

GEA Group is one of the well-established manufacturers of a wide range of food processing equipment and process technologies, which it provides to industries such as food & beverage, home & personal care, chemical, pharmaceutical, leisure & sport, dairy farming, dairy processing, marine, transportation, and utilities. Its product portfolio includes automation & control systems, barn equipment & manure management, brewery plants, centrifuge & separation solutions, cleaners & sterilizers, and compressors.

 

The company operates in the snack pellet equipment market through the acquisition of Pavan Group (Italy) in 2017. Pavan Group consists of various brands such as Golfetto Sangati, Pavan, Montoni, and Stiavelli. The company implements a full-service strategy, which consists of research & development of new products, after-sales training & client services, and designing & engineering of manufacturing plants. In 2016, Pavan Group’s processing lines, milling & handling, and packaging segment had a total revenue share of 55%, 30%, and 15%, respectively. In 2016, Pavan Group’s America, Asia, Europe, the Middle East/Africa, and Oceania geographical segment accounted for a revenue share of 27%, 17%, 40%, 14%, and 2%, respectively. The company offers single screw forming extruder, single screw cooking extruder, and twin screw cooking extruder.

 

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