Rodenticides Market Growth by Emerging Trends, Analysis, & Forecast

The global rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD 7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is driven by rapid urbanization across regions. The increase in awareness on public hygiene, the prevention of vector-borne diseases, and the rise in purchasing power parity (PPP) among the middle-class population are factors that have encouraged the demand for pest control services, globally. In addition, government initiatives for maintaining environmental hygiene are projected to drive the demand for rodenticides. For instance, the “clean-up” movement in India has proven to be a major driver for the insect pest control industry.

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Increase in the global trade of rodenticides

Germany is one of the global leaders engaged in the export of rodenticides. It is followed by India, the US, the UK, Belgium, and Italy. Germany has a presence of major chemical companies, such as Bayer AG and BASF SE, which have a wide portfolio of insect pest control products. The country is a major exporter of rodenticides to countries, such as the Netherlands, the UK, and France. These countries import rodenticides due to their high-quality standards, fewer transportation costs, and easy accessibility. India is emerging as a potential export hub for high-quality rodenticides due to low-cost manufacturing and the security of patented new active ingredients. India majorly exports rodenticides to countries, such as Brazil, the US, and the Netherlands. China is a dominant exporter of rodenticides to Southeast Asian countries, such as Vietnam, Thailand, and Indonesia. This increase in demand for rodenticides across the globe is attributed to factors, such as government initiatives for health awareness programs, an increase in crop losses, and a rise in health concerns due to rodent attacks.

Sprays are Permitted for use only by Professional Pest Applicators

Most fumigants include phosphide compounds, such as zinc and aluminum phosphides. Bromides are also used for rodent treatment in a few countries. Carbon dioxide is also used as a fumigant against commensal mice. Fumigants or rodenticides in the spray form are used in warehouses, along with minimal use in agricultural fields. Sprays cannot be used in urban areas because they cause health concerns in humans and other non-target animals. Fumigants are used for destroying rodent burrows through gassing. It involves the insertion of either pellets or tablets in the rodent burrow, which are then sealed with soil. The gases evolved to build up to concentrations that are lethal to the rodents occupying the burrows.

North America and Asia Pacific are the major exporters of crops across the globe. High quantities of grains are stored in warehouses, and fumigants, are majorly used in these warehouses for rodent control. In addition, sprays of zinc phosphide are used against mouse plagues in Australia.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Key players in this market include Basf Se(Germany), Bayer Ag(Germany), Syngenta Ag(Switzerland), UPL Limited(India) Neogen Corporation(US)

Dietary Supplements Market Growth Opportunities by 2027

The dietary supplements market has been growing steadily in recent years and is expected to continue to do so in the future. The market is driven by factors such as increasing health awareness among consumers, rising demand for natural and organic products, and the aging population. Dietary Supplements Market size is projected to grow at a CAGR of 7.3% to reach USD 220.8 billion by 2027. It is estimated at USD 155.2 billion in 2022.

The market is segmented by type, form, application, end-user, and region. The types of dietary supplements include vitamins, minerals, botanicals, and others. The forms of dietary supplements include tablets, capsules, powder, and liquid. The applications of dietary supplements include energy and weight management, general health and wellness, bone and joint health, gastrointestinal health, and others. The end-users of dietary supplements include adults, infants and children, and pregnant women.

The dietary supplements market is a global industry that produces and sells products intended to supplement or enhance nutritional intake. The market has grown significantly due to rising healthcare costs, an aging population, and increased interest in preventative health measures. The market includes a wide range of products, from basic multivitamins to specialized supplements for specific health conditions or demographics. Key players in the market include manufacturers, distributors, and retailers, with online channels becoming increasingly important. However, concerns about safety, quality, and efficacy remain, and regulatory bodies like the FDA play an important role in ensuring supplements meet certain standards and are labeled accurately.

The market for plant protein ingredients is growing at a high rate; consumers are drifting away from animal proteins to plant-based proteins. This is highly likely to shift consumers toward plant-based herbal supplements and botanicals, further creating opportunities for the growth of the herbal supplements market.

The demand for clean-label products, concerns about sustainability, and a dire need to avoid allergens are some of the major factors responsible for shifting consumer preference toward botanical extracts. The target population for these herbal supplements is expanding from vegans to flexitarians, further indicating shifting consumer preferences. Plant-based vitamins and minerals may be superior to synthetic nutrients in terms of health benefits.

North America is currently the largest market for dietary supplements, followed by Europe and Asia Pacific. The Asia Pacific market is expected to grow at the highest rate due to factors such as the increasing population, rising disposable income, and increasing health consciousness among consumers in the region.

Some key players in the dietary supplements market include Amway, Abbott Laboratories, Glanbia, Herbalife International, and Pfizer. These companies are focused on product innovation, mergers and acquisitions, and expanding their geographical presence to strengthen their market position.

Overall, the dietary supplements market presents growth opportunities for companies that can provide high-quality and innovative products that meet the evolving needs of consumers.

Biostimulants Market Growth Opportunities by 2027

The global biostimulant market is estimated to be valued at USD 3.5 billion in 2022. It is projected to reach USD 6.2 billion by 2027, recording a CAGR of 11.8% during the forecast period. The market is driven by the increasing demand for organic food products, along with the rising awareness about the benefits of biostimulants in crop cultivation.

Biostimulants are natural substances or microorganisms that are applied to plants to enhance their growth and development. They are used to improve plant health, tolerance to abiotic stresses, and nutrient uptake efficiency. The demand for biostimulants is increasing due to their eco-friendly nature and their ability to enhance crop productivity.

The market is segmented by type, application, crop type, and region. Based on type, the market is segmented into acid-based, extract-based, and microbial-based biostimulants. Among these, microbial-based biostimulants are expected to dominate the market due to their high effectiveness in promoting plant growth.

Based on application, the market is segmented into foliar, soil, and seed treatment. Foliar application is expected to dominate the market as it provides easy and efficient absorption of biostimulants by the plant.

Based on crop type, the market is segmented into row crops, fruits & vegetables, turf & ornamentals, and others. Row crops are expected to dominate the market due to the high demand for biostimulants in the cultivation of cereals and grains.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Europe is expected to dominate the market due to the increasing demand for organic food products and strict regulations on the use of chemical fertilizers.

In conclusion, the biostimulants market is expected to grow significantly in the coming years, driven by the increasing demand for organic food products and the rising awareness about the benefits of biostimulants in crop cultivation.

Wheat Protein Market Growth by Emerging Trends, Analysis, & Forecast

According to a research report "Wheat Protein Market by Product (Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein), Form, Concentration, Application (Bakery & Snacks, Pet Food, Nutritional Bars & Drinks, Processed Meat, Meat Analogs) & Region - Global Forecast to 2028" published by MarketsandMarkets, the wheat protein market is projected to reach USD 3.2 billion by 2028 from USD 2.5 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. The market for wheat protein by concentration is experiencing growth due to the increasing demand for plant-based protein products in food & beverages, dietary supplements, and animal feed industries.

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Wheat Gluten to dominate the market during the forecast period

The functionality of wheat gluten is unique, and its structural integrity is retained after cooking. Also, it appears to have no functional competitor. It is used in a variety of applications, such as bakery products, meat products, pasta, and pet foods. In the bakery, the strength of gluten is a key factor in bread baking. It plays an important role as it contributes to the ability of the dough to rise and maintain texture. China is also a major producer and consumer of wheat gluten.

By concentration, 75% wheat protein concentrate to hold a significant market share during the forecast period

75% concentration wheat protein is generally less expensive than high concentration wheat protein. This makes it a more cost-effective option for some applications where the functional properties of the protein are less critical. Also, a 75% concentration of wheat protein may contain a broader range of nutrients than a high concentration of wheat protein. This can make it a more attractive option for certain food products, such as meal replacement shakes or nutritional supplements. Additionally, a 75% concentration of wheat protein may have a milder taste than a high concentration of wheat protein. This can make it a more desirable option for certain types of food products, particularly those where the protein flavor is more pronounced.

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North America to boost market growth during the forecast period

Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by the growing consumer awareness about the importance of protein in the diet, which, in turn, has encouraged the demand for functional food & beverages. The versatile functionality of wheat protein has sustained the demand in the baking industry, leading to constant growth in consumption. Research and technological developments in hydrolyzed wheat protein have also led to a long-term consumption trend of wheat protein in the US. However, the increase in discussion on gluten intolerance acts as a hindrance to the growth of the wheat protein market in this region. The high functional profile, low carbon footprint, and low price of wheat-sourced proteins are the key factors encouraging the consumption of wheat protein, particularly in baked products.

The key players in this market include ADM (US), Cargill, Incorporated (US), Tereos (France), Südzucker AG (US), MGP Ingredients (US), Roquette Frères (France), Glico Nutrition Foods Co., Ltd. (Japan), Kerry Group PLC (Ireland), Manildra Group (Australia), Kröner-Stärke (Germany), among others. The study includes an in-depth competitive analysis of these key players in the wheat protein market with their company profiles, recent developments, and key market strategies.

Vegetable Oils in Beauty and Personal Care Market: Growth Opportunities and Recent Developments

The use of vegetable oils in beauty and personal care products has gained significant popularity in recent years due to their numerous benefits for skin, hair, and overall health. Vegetable oils are extracted from various parts of plants such as seeds, nuts, fruits, and flowers and are rich in essential fatty acids, vitamins, and antioxidants.

Industry Analysis:

The global vegetable oils in beauty and personal care market was valued at USD 4.4 billion by 2022 and is projected to reach USD 5.8 billion by 2027, at a CAGR of 5.7% during the forecast period in terms of value. The market is primarily driven by the increasing demand for natural and organic products, rising awareness of the harmful effects of synthetic ingredients, and the growing trend of using plant-based ingredients in beauty and personal care products.

Growth Opportunities:

Rising demand for natural and organic products: Consumers are becoming more conscious about the ingredients used in their beauty and personal care products and are increasingly choosing natural and organic products over synthetic ones. This presents a significant growth opportunity for vegetable oils in beauty and personal care products.

Growing trend of using plant-based ingredients: The trend of using plant-based ingredients in beauty and personal care products is gaining popularity due to their perceived safety, sustainability, and effectiveness. Vegetable oils, being plant-based, offer a natural and healthy alternative to synthetic ingredients.

Increasing demand for anti-aging products: Vegetable oils such as argan oil, rosehip oil, and jojoba oil are rich in antioxidants, vitamins, and essential fatty acids that help to reduce the signs of aging, making them a popular ingredient in anti-aging products.

Trends:

Multi-functional products: Consumers are looking for products that offer multiple benefits, such as moisturizing, nourishing, and protecting the skin. Vegetable oils, being versatile ingredients, are increasingly being used in multi-functional beauty and personal care products.

Customization: Personalization and customization are becoming popular trends in the beauty and personal care industry. Consumers are looking for products that are tailored to their specific needs and preferences. Vegetable oils offer a variety of benefits that can be customized based on individual needs.

Sustainability: Sustainability is a growing concern among consumers, and they are increasingly looking for products that are eco-friendly and sustainable. Vegetable oils, being natural and renewable, offer a sustainable alternative to synthetic ingredients.

In conclusion, the vegetable oils in beauty and personal care market is expected to continue growing due to the increasing demand for natural and organic products, growing trend of using plant-based ingredients, and the rising demand for anti-aging products. The industry trends of multi-functional products, customization, and sustainability are expected to shape the future of the market.

Brewing Ingredients Market Growth Opportunities by 2026

The global brewing ingredients market has been experiencing steady growth over the past few years, driven by factors such as increasing consumer demand for beer and other alcoholic beverages, as well as the growing popularity of craft brewing. The brewing ingredients market is projected to grow at a CAGR of 6.8% to reach USD 47.9 billion by 2026. It was estimated at USD 34.5 billion in 2021. The rise in demand for beers from all over the globe coupled with increasing consumption of craft beers will drive the market demand and growth of brewing ingredients globally.

Industry Analysis:

The brewing ingredients market is highly competitive, with a large number of players operating in the space. Some of the major players in the market include Cargill, Incorporated, DuPont de Nemours, Inc., Royal DSM N.V., and GrainCorp Malt. These companies compete based on factors such as price, quality, innovation, and brand recognition.

The market can be segmented by type of ingredient, which includes malt, hops, yeast, and others. Malt is the largest segment, accounting for the majority of the market share. Hops are also a significant segment, driven by their use in craft brewing.

Growth Opportunities:

One of the key growth opportunities in the brewing ingredients market is the increasing demand for craft beer. Craft brewing has been experiencing rapid growth in recent years, and this trend is expected to continue in the coming years. This presents opportunities for ingredient suppliers to offer high-quality, specialty ingredients to craft brewers.

Another growth opportunity is the increasing demand for low-alcohol and non-alcoholic beer. As consumers become more health-conscious and seek alternatives to traditional beer, there is a growing demand for lower-alcohol options. This presents opportunities for ingredient suppliers to develop ingredients that can be used in the production of low-alcohol and non-alcoholic beer.

Trends:

One of the major trends in the brewing ingredients market is the growing popularity of organic and sustainable ingredients. As consumers become more environmentally conscious, they are seeking products that are produced in a sustainable and environmentally friendly manner. This trend is driving demand for organic and sustainably produced brewing ingredients.

Another trend in the market is the increasing use of technology in the brewing process. This includes the use of software to monitor and control the brewing process, as well as the use of advanced equipment such as automated brewing systems. These technologies are improving efficiency and consistency in the brewing process and are expected to continue to drive innovation in the market.

Overall, the brewing ingredients market is expected to continue to experience steady growth in the coming years, driven by factors such as the increasing popularity of craft beer, the growing demand for low-alcohol and non-alcoholic beer, and the trend towards organic and sustainable ingredients.

Fats and Oils Market Growth by Emerging Trends, Analysis, & Forecast

The fats and oils market is a diverse and rapidly growing industry, encompassing a range of products that are used for a variety of purposes. The industry includes vegetable oils, animal fats, and various other oils and fats that are used in food, industrial applications, and personal care products.

Market Analysis:

The fats and oils market size is projected to reach USD 285.22 billion by 2026, recording a CAGR of 3.8% during the forecast period. The global market was estimated to be valued at USD 236.7 billion in 2021. The increasing demand for healthy and natural products, as well as the growing popularity of plant-based diets, are major drivers of this growth. In addition, the rising demand for biofuels and other industrial applications of fats and oils are also contributing to the growth of the market.

Growth Opportunities:

Increasing demand for plant-based oils: With the rise in health-conscious consumers and the growing trend towards veganism, there is a significant demand for plant-based oils such as soybean oil, palm oil, and canola oil. This presents an opportunity for companies to invest in developing new and innovative plant-based oil products to meet consumer demand.

Use of fats and oils in the cosmetic industry: Fats and oils are widely used in the cosmetic industry for their moisturizing and skin-nourishing properties. The demand for natural and organic cosmetic products is growing, which presents an opportunity for companies to develop new products using natural and sustainable fats and oils.

Growing demand for biofuels: The increasing demand for renewable energy sources has led to a growing demand for biofuels, which are made from fats and oils. This presents an opportunity for companies to invest in the development of new biofuel technologies and products.

Trends:

Clean label: Consumers are increasingly looking for products that have simple, easy-to-understand ingredients. This has led to a trend towards "clean label" products in the fats and oils market, which are made with natural and minimally processed ingredients.

Sustainability: With the growing concern about the environmental impact of agriculture and food production, there is a trend towards more sustainable practices in the fats and oils industry. This includes the use of sustainable farming practices, the reduction of waste and emissions, and the development of sustainable packaging.

Health and wellness: As consumers become more health-conscious, there is a growing demand for fats and oils that are low in saturated fat and trans fats, and high in unsaturated fats such as omega-3 fatty acids. This trend is driving the development of new and innovative products that meet these health and wellness criteria.

Overall, the fats and oils market is a dynamic and rapidly growing industry that offers numerous opportunities for companies to innovate and develop new products that meet the changing needs and preferences of consumers.