Rodenticides Market to Showcase Continued Growth in the Coming Years

The global Rodenticides Market is predicted to experience a 5.8% compound annual growth rate, leading to a revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth.

The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

Drivers: Displacement of rodents due to urbanization

Urbanization is one of the key factors encouraging land use, particularly in developing countries, where 90% of the people are expected to be residents of urban areas. Moreover, urbanization is expected to impact public health due to the shift of rural pathogens adapting to the urban environment and increasing their number.

According to an article by Rentokil, it has been observed that the construction of new buildings is increasingly displacing the rat population across regions. As per the report by Building and Construction Authority (BCA), the need for construction in the country is increasing. Some construction activities in rural areas disturb the nesting area of rodents, such as rats, and thus encourage them to relocate to another urbanized location.

According to a recent article posted in Frontiers, Norway, black rats are considered the urban rats that inhabit cities worldwide. They adapt to environmental changes caused by humans and thus survive easily. Hence, the increase in the levels of urbanization creates the need for rodent control, majorly in the urban areas of developing regions.

What is the current size of the global rodenticides market?

Rising Demand for Second-Generation Anticoagulants due to their Longer Half-Life, Which Implies Longer Tissue Persistence, and Enhanced Efficacy Against Rodents

With the increase in exposure to first-generation anticoagulants, rodents have developed resistance to them; hence, second-generation anticoagulants were developed. Second-generation anticoagulants, also called single-dose anticoagulants, can be lethal in a single dose. They are more toxic than first-generation anticoagulants due to their superior affinity for vitamin K-epoxide reductase, which disrupts the functioning of the blood clotting agents in rodents. The popular rodenticides in this category are brodifacoum, bromadiolone, difethialone, difenacoum, and flocoumafen.

Second-generation anticoagulants are not excreted easily, persisting in bodily organs such as the liver. Some of these are particularly toxic to birds and mammals. For instance, brodifacoum and difethialone pose potential risks to avian predators and scavengers that feed on target or non-target animals poisoned with bait. Oral toxicity is high in nearly all rodenticides. Most of these are not allowed to be marketed to non-licensed applicators for residential use. These products are sold directly to pest control professionals or agricultural supply stores.

Key players operating in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL Limited (India), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), Pelgar (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

Pest Control Market to Showcase Continued Growth in the Coming Years

The global Pest Control Market is predicted to progress rapidly at a CAGR of 5.1% to reach USD 29.1 billion by 2026. The global market was estimated to be valued at USD 22.7 billion in 2021.

Pest management includes controlling infestations of insects, animals, germs, or other organisms that damage property, destroy food crops, and adversely affect the environment. Pest control eradicates or minimizes a wide range of undesirable insects and other pests from areas used for protective purposes, using chemicals, technologies, special equipment, and other safety measures. Various chemical, mechanical, biological, and digital solutions control different types of pests. Additionally, since pesticide solutions are toxic, pest control technicians must be acquainted with safety measures and proper usage.

Opportunities: Adoption of Artificial Intelligence (AI) in pest control

Artificial intelligence (AI) implementation in pest control has been rising because of the low service cost and its operation in remote, along with difficult-to-access locations continuously without interrupting the operations of the facility. The demand for digital pest control solutions is rising because service-provider companies use AI-based image-recognition technology to identify and treat various bugs and vermin.

App-based bug identification helps quick identification and effective remediation solutions for efficiently implementing proper treatment plans, including proper chemicals and recommendations for homeowners. Convenience and timesaving are the two prime advantages provided by the incorporation of AI in pest control. The use of machine learning software assists in identification process optimization.

North America dominates the pest control market.

The pest control market is dominated by a few pest control service providers such as Rollins, ServiceMaster Global Holdings, Rentokil Initial, and Ecolab. Apart from these major players, there are many local players in the market. Many major players are acquiring or collaborating with local players to increase their market shares, enhance their service portfolios, and strengthen their presence.

What is giving growth to pest control market?

For instance, on 1st March 2019, Rentokil Steritech (US) acquired Virginia-based Loyal Termite & Pest Control (US). It would help Rentokil to expand its service in Virginia. Insects are the most found pests in the region. With increasing temperatures, the problem of bed bug infestation and termite infestation has increased in the North American region. The US is the dominant market in North America. Consumption of pest control products in the US is comparatively higher than in other countries. Although the diversity of termites in the US is low compared to other regions, globally, due to increasing temperatures, termite colonies have been spreading across the US.

The key players in this market include Bayer AG, Corteva Agriscience, BASF, Sumitomo Chemical Co., FMC Corporation, Syngenta AG, ADAMA, and Bell Laboratories. 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.

Drippers Market to Showcase Continued Growth in the Coming Years

According to a research report "Drippers Market by Type (Inline and Online), Crop Type (Field Crops (Corn, Cotton, Sugarcane, Rice), Fruits & Nuts, Vegetable Crops), and Region (North America, Europe, Asia Pacific, South America, and Rest of the world) - Global Forecast to 2027" published by MarketsandMarkets, the global drippers market size is estimated to be valued at USD 288 million in 2022. It is anticipated to reach USD 469 million by 2027, recording a CAGR of 10.2% in value. The efficient working of drippers is dependent on the quality of the water. Except for some coastal areas, many current and potential water sources for irrigation systems come from surface water, which is often lower in salt content. As a result, systems using surface water sources are typically less likely to develop precipitates in drippers. Surface water is typically of lower quality than groundwater. However, iron and manganese levels should be checked because high levels could cause drippers to clog and necessitate treatment. Many firms are introducing anti-clogging, pressure compensating, no-drain, and anti-siphon drippers in the market.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=134897872

The Inline drippers type is forecasted to account for the largest market share in the drippers market.

Inline drippers are usually present within the laterals with equal spacing. Inline emitters may be flat boat-shaped, cylindrical, or attached to the lateral inner wall. Inline emitters are mostly used for row crops or field crops such as onion, chili, potato, turmeric, vegetables, sugarcane, and cotton. They can be used with uneven lands and steep hills requiring longer lateral running lengths. The main objective of drippers is to achieve minimum discharge of water. The discharge range of an emitter is usually between 1–15 liters per hour.

The field crops segment is anticipated to gain the largest market share in the drippers market.

Appropriate drippers help provide crops with water at the required flow rate. The increasing prices of field crops have fueled the market for drippers. Corn is a widely grown field crop using drip irrigation systems. Growing corn on a large scale while facing unpredictable weather conditions or water scarcity is challenging. Water stress in corn crops can lead to about 8% permanent yield loss daily. Corn is the third-largest plant-based food source for the world. Compared to flood and sprinklers, corn irrigated by drip demonstrated a higher yield, required significantly less fertilizer, and resulted in reduced carbon emissions.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=134897872

The Asia Pacific region is projected to account for a major share of the drippers market during the forecast period.

Accounting for more than 60% of the global population, the increase in technological advancement in irrigation facilities, decreasing water wastage, and government subsidies in various countries helped in exponential growth for this region. In some countries in the Asia Pacific region, the retreat of the government from irrigation is largely based on political-economic considerations. The government’s support of the irrigation sector in countries like India has been a broader pro-rural policy package that aims to support agriculture. The region has been shifting from installing basic irrigation facilities to adopting precision irrigation systems through technological upgrading. Some of the players operating in the region are Chinadrip Irrigation Equipment Co., Ltd. (China), Jain Irrigation Systems Ltd. (India), Antelco Pty Ltd. (Australia), Metro Irrigation (India), KSNM Drip (India), and Mahindra EPC (India).

Some of the major players operating in the global agricultural drippers market are Netafim Limited (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation Ltd. (Israel), Metzer (Israel), Azud (Spain), Jain Irrigation Systems Ltd. (India), The Toro Company (US), Rivulis Irrigation Ltd. (Israel), and Hunter Industries, Inc. (US).

Controlled Release Fertilizer Market to Witness Unprecedented Growth in Coming Years

The Controlled Release Fertilizer Market is poised for significant growth, with projections indicating a rise from USD 2.4 Billion in 2021 to an estimated USD 3.3 Billion by 2026. This represents a compound annual growth rate of 6.4% during the forecast period, highlighting the increasing demand and adoption of these innovative fertilizers. 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.

The controlled release fertilizer market is projected to grow at a significant pace in the next few years. Controlled release fertilizers are special types of fertilizers that release nutrients gradually over an extended period, ensuring that plants receive a consistent supply of nutrients, without any wastage. This type of fertilizer reduces the risk of over-fertilization and minimizes the leaching of nutrients into groundwater, thus providing a more sustainable and environmentally friendly solution for crop production.

Growing demand for food to feed the world's growing population, coupled with the increasing concern over environmental degradation, is driving the growth of the controlled release fertilizer market. The increasing use of modern farming techniques and the need for efficient nutrient management have also contributed to the growth of this market.

Asia Pacific accounted for the largest share, during the forecast period, in terms of volume and value, respectively. Increasing growth of high-value crops and rising awareness among farmers about the environmental benefits of controlled-release fertilizers are expected to provide more scope for market expansion. The government policies adopted by Asia Pacific countries and the large subsidies, sometimes up to 100% for marginal farmers, provided on fertilizers are the major factors triggering the growth of this market in the region. In North America region the demand for controlled-release fertilizers is expected to increase in the near future due to the shrinking arable land. Mexico, on the other hand, has the advantage of a warm climate; however, the relative arable land is significantly less than the others. Given the high prices of controlled release fertilizer, the market has remained popular in developed markets, with high disposable incomes and demand.

What are the factors driving the growth of the controlled release fertilizers market?

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 dairy testing industry is expected to experience substantial growth in the coming years, with a projected value of USD 8.1 billion by 2026 and a CAGR of 8.2%. This market was estimated to be worth USD 5.5 billion in 2021. Food testing includes all types of foods from plant and animal sources. Dairy testing is an application in food testing that deals with the safety and quality of milk and other dairy products.

According to Food and Agriculture Organization (US), more than six billion people worldwide consume milk and dairy products. Testing plays an important role in ensuring that end consumers have access to safe and high-quality milk and dairy products free from harmful pathogens, heavy metals, dioxins, and adulterants. Dairy testing also helps manufacturers adhere to regulatory requirements for permissible limits of contaminants, labelling laws, prevention of fraudulent practices, and avert incidents of foodborne diseases, toxicity, or poisoning.

Opportunities: Technological advancements in testing industry

The focus on reducing lead time, sample utilization, cost of testing, and drawbacks associated with several technologies have resulted in the development of new technologies in spectrometry and chromatography. The wide-scale adoption of these technologies provides an opportunity for medium- and small-scale laboratories to expand their service offerings and compete with large market players in the industry, as these technologies offer benefits such as higher sensitivity, accurate results, reliability, multi-contaminant, and non-targeted screening with low turnaround time.

The dairy testing market is witnessing several technological innovations with major players offering newer, faster, and more accurate technologies such as LC (Liquid Chromatography), HPLC (High Performance Liquid Chromatography), and ICP-MS (Inductively Coupled Plasma Mass Spectrometry).

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).

What are the factors driving the growth of the dairy testing market? 

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).

Feed Premix Market Growth by Emerging Trends, Analysis, & Forecast

The Feed Premix Market is expected to grow significantly, reaching a value of USD 32.9 billion by 2026 with a CAGR of 6.2%. The market was valued at USD 24.3 billion in 2021. The growth of this market is attributed to the increasing demand for meat and meat products across the globe.

Key Features of the Feed Premix Market:

• Nutritional Value: Feed premixes offer a combination of essential vitamins, minerals, and other nutritional ingredients that are necessary for animal growth and health.
• Customization: Feed premixes can be customized to meet the specific nutritional requirements of different species of animals, such as poultry, dairy, swine, and others.
• Quality Control: Feed premixes are manufactured under strict quality control measures to ensure consistency and reliability in their composition and performance.
• Cost-Effective: Feed premixes provide a cost-effective alternative to buying individual ingredients and can help farmers save money while ensuring optimal nutrition for their animals.
• Convenient Delivery: Feed premixes are delivered in convenient and easy-to-use forms, such as pelleted or liquid formulations, making it easier for farmers to incorporate them into their feed formulations.
• Increased Productivity: Feed premixes can help improve the productivity of animals by ensuring optimal nutrition, promoting better health and growth, and reducing the risk of disease.
• Environmental Sustainability: Many feed premixes are formulated with environmentally sustainable ingredients, reducing their carbon footprint and promoting sustainability in animal agriculture.
• Global Availability: Feed premixes are available globally, providing farmers in different regions access to the same high-quality and consistent nutrition for their animals.

Challenge: Sustainability of feed and livestock chain

The global feed industry focuses on improving feed efficiency by improving the feed conversion rates for all major livestock and farmed fish species. The feed and livestock industries can achieve sustainability by developing a harmonized environmental footprint methodology based on life cycle analysis involving the entire chain. The development of common metrics can also help to calculate a broader range of resource efficiency indicators. The efficient usage of feed ingredients can support the reduction of the environmental impact of livestock farming through resource-efficient feed production. The use of co-products from other processing industries can reduce the pressure on land-grown crops.

What are the benefits of using feed premixes?

Some requirements of an efficient feed and livestock chain include the following:

• Access to safe and cost-effective feed and services
• Clear and transparent legislative framework
• Improved image (animal welfare, quality, and safety of animal products)
• Innovating approaches to mitigate the environmental impact of production systems
• Continuously improving working conditions
• Bringing innovative science to the marketplace

Global organizations such as the International Feed Industry Federation (IFIF) have developed a number of strategic initiatives to measure and benchmark the environmental performance of the livestock production chain. IFIF is a founding member of the Global Feed LCA Institute (GFLI), which will use the FAO LEAP methodology to develop a global standard for assessing and benchmarking the impact of the feed industry to support the reduction of the environmental footprint of livestock products.

Key Players: 

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 Feed premix. It consists of the profiles of leading companies such Koninklijke DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), Cargill (US), Archer Daniels Midland Company (ADM) (US), BEC Feed Solutions (Australia), DLG Group (Denmark), Charoen Pokphand Foods PCL (Thailand), Land O’Lakes (US), AB Agri Ltd. (UK).

Upcoming Growth Trends in the Carotenoids Market

The carotenoids market size is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a compound annual growth rate (CAGR) of 4.2%, in terms of value, during the forecast period. Carotenoids are a group of yellow to red pigments, including the carotenes and the xanthophylls, found particularly in plants, algae, and photosynthetic bacteria and certain animal tissues. The increase in the usage of carotenoids as food colorants and the advancements end-user technologies are the major factors that are projected to drive the growth of the carotenoids market.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158421566

Increasing application for astaxanthin as food color has led the segment to account for the highest market share in the carotenoids market

Astaxanthin accounts for the largest share in the market, during the forecast period. Astaxanthin is found in certain algae and has a red pigment. Due to its red pigment, it is now being widely used in meat products to impart color. It is used in food products such as salmon, lobster, trout, shrimp, and other seafood products. Moreover, it is also now being used as it helps in fighting diseases such as Parkinson’s disease, the prevention of macular degeneration, and the Alzheimer’s disease.

Natural segment is projected to grow at faster CAGR in the carotenoids market during the forecast period as consumers are demanding natural food products

The natural segment is forecasted to grow at higher CAGR in the market during the study period. This can be attributed to increase in biological activities and high antioxidant properties offered by natural carotenoids. During last few decades there has been increasing concern over the chemical ingredients used in various food products. Consumers across the globe are now demanding for food products with natural ingredients as they are perceived as safer fand healthier for consumption. This has driven the demand for natural carotenoids in food industry. 

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=158421566 

The Europe region is projected to account for largest market share in the carotenoids market during the forecast period due to increase demand for clean-label products 

The Europe region is forecasted to dominate the carotenoids market in terms of market share during the forecast period. This is due to the presence of consumers who are demanding natural and clean-label food products. The players in food and feed industry in Europe are widely using natural ingredients as a colorant in their products and easy availability of carotenoids makes it a preferrable option for these manufacturers. Furthermore, growing ageing population has led to increase in demand for carotenoids as it may benefit in curing cataract and other eye disorders.  

The prominent vendors in the carotenoids market include Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US), and Dohler Group (Germany).