Biofertilizers Market to Showcase Continued Growth in the Coming Years

According to a research report "Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the biofertilizers market is estimated at USD 3.1 billion in 2023 and is projected to reach USD 5.2 billion by 2028, at a CAGR of 10.9% from 2023 to 2028. The market was valued to be 2.8 billion in 2022. Due to the rise in the modern agriculture techniques, precision farming and protected agriculture the global biofertilizers market is projected to grow at robust growth rate. Increasing demand for packaged organic and sustainably sourced food products, especially in urban areas, is further fueling the growth of the market.

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Phosphate solubilizing and mobilizing biofertilizers is estimated to be the fastest segment during the forecast period.

Phosphorus is considered as the most essential element for higher crop productivity. Phosphorous helps into the better growth of crops which helps in enhancing the quality and yield of plants. It is also responsible for improving the root growth, improving seed and flower formations, and makes the plants resistant to the various pests and diseases. Better results are seen in the crops such as sugarcane, rice, fruits, and vegetables etc. These are also being utilized in the modern agricultural methods such as Hydroponics, Aquaponics and protected cultivation. These are the factors which are considered to drive the market for the phosphate solubilizing and mobilizing biofertiilizers.

Pulses and oilseeds segment is projected as the fastest growing segment during the research period.

Pulses and oilseeds is the fastest growing segment during the forecasted period. This is due to the increase in the importance of the pulses in international trade. Pulses also contribute significantly to financial advantages by accounting for a big part of exports. Crops like chickpeas and pigeon peas sometimes require a lot of soil nutrients to develop properly. Rhizobium inoculation is frequently advised to boost nitrogen availability from the soil. Rhizobium and Azotobacter are usually suited for producing pulses and oilseeds. These are the factors that are considered to propel the growth of biofertilizers market.

Seed treatment is estimated to be the fastest-growing segment during the review period.

Seed treatment aids in the encapsulation of small amounts of functional microbes, allowing the plant to deliver nitrogen for the roots to absorb nutrients. Seed treatment for nitrogen fixation is widely used for legume seeds. This process is less expensive and simpler than soil treatment since it involves less work to combine the seeds with biofertilizers. Moreover, seed treatment raises agricultural yields by 20% to 30%, increasing farmers' profit margins with the same crop output. The benefits of seed treatment include better crop quality, enhanced plant stress tolerance, and improved water and nutrient absorption. These are the factors which are driving the growth of the segment.

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Europe is estimated to be the fastest growing region during the study period.

Europe is the fastest growing region in biofertilizers market. This is due to increase in the use of technologies and machineries in agricultural sector. The expansion of the agricultural industry in this area has made it possible for it to be a major producer and exporter of important agricultural goods. The region's market for biofertilizers has expanded significantly as a result of a developing economy and customer demand. Europe is one of the leading consumers of fertilizers and hence it is projected to foster at higher rate in biofertilizers market.

Eminent players operating in the biofertilizers market are Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), IPL Biologicals Limited (India), T.Stanes and Company Limited (India), Lallemand Inc (Canada), Rizobacter Argentina S.A. (Argentina), Vegalab SA (Switzerland), and Kiwa Bio-tech Product Group Cooperation (China).

Feed Premix Market to Showcase Continued Growth in the Coming Years

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).

Wheat Protein Market Growth Opportunities by 2028

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.

Modified Starch Market to Witness Unprecedented Growth in Coming Years

According to a research report "Modified Starch Market by Raw Material (Corn, Cassava, Potato, Wheat), End-User (Food & Beverages, Feed, and Industrial), Form (Dry and Liquid), and Region (North America, Europe, APAC, South America, Rest of the World) - Global Forecast to 2027" published by MarketsandMarkets, the global modified starch market is estimated to be valued at USD 13.7 billion in 2022. It is projected to reach USD 15.9 billion by 2027, recording a CAGR of 3.1% during the forecast period. The global modified starch market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. With the rise in demand and preference for natural food ingredients, the trend of clean-label and plant-based products has significantly boosted the utilization of modified starch derivatives in the food industry. Modified starch is used as a thickener and binder, and this enhances its properties, such as smoothness, hardness, gloss, and whiteness.

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Feed market is a relatively untapped and small market in comparison to other non-food applications and the rapidly growing food & beverage market.

Modified starch is used as one of the components of feed, majorly as a milk replacer and as a source of energy, to improve digestibility and help increase the weight of livestock. Companies are focusing on the development of extraction and processing of modified starch to discover new feed applications. Starch is the primary source of carbohydrates in swine feed. Potato starch, when fed as a substitute for corn to weaning pigs, can improve their growth performance. Modified starch in ruminant feed acts as a milk replacer for newborn calves. It is a source of carbohydrates, which helps in improving digestibility in ruminants and helps them gain weight. It is rapidly digested by rumens; however, an excess of it could induce acidosis in cattle, which could be harmful.

Modified starch provides internal strength to paper

Modified starch contributes to the paper industry in many ways as it provides several functional properties to the paper and works as a process aid as well. The papermaking industry uses a large number of modified starches, both as a wet-end additive and as a modifier in surface sizing and coating colors. They impart the body to the paper by holding the pulp together. Modified starches are used as glue and adhesives for paper edges. They provide internal strength and enhance the surface of the paper. They also improve printability and writing properties. Typically, printing and writing papers contain 4.1% starch; paperboard 2% starch; and domestic & industrial papers 1.9% starch. The growing use of recycled paper has led to the increasing use of starch derivatives to avoid the deterioration of the quality of fibers during recycling.

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North America is projected to reach USD 3,301.0 million during the forecast period.

In 2021, North America accounted for a market share of 21.6% in the global modified starch market. The North American modified starch market is completely driven by the US market. The US modified starch industry has witnessed technological advancement, which has increased its usage in various industries. In the US, modified starch is primarily used in canned soups and in blends where its thickening power is exploited, especially for fill viscosity. It is also used as a base for gelling agents in confections, for thickeners in products such as pastry and pie fillings, and in instant puddings. The growing trend of ready-to-eat meals and processed food is also driving the modified starch market in the region. Modified starch is frequently used in food applications due to its functional properties.

The key players in this market include Tate & Lyle (UK), Emsland (Germany), Ingredion Incorporated (US), and Avebe (Netherlands).

Latest Regulatory Trends Impacting the Biological Seed Treatment Market

The report "Biological Seed Treatment Market by Type (Microbials and Botanicals), Crop (Corn, Wheat, Soybean, Cotton, Sunflower, and Vegetable Crops), Function (Seed Protection and Seed Enhancement), and Region - Global Forecast to 2025", is projected to reach USD 1.7 billion by 2025, at a CAGR of 11.9% during the forecast period.

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The global demand for biological seed treatment solutions is increasing as they ensure the farmers in protecting their potential yield, quality by minimizing the crop losses. Although, the biological seed treatment market is a small sector in the global agrochemical industry, the market has been growing at a significant rate due to agricultural and environmental benefits globally and increasing need for a sustainable approach in agricultural operations in developed countries. Strong research funding by key manufacturers for product development is projected to drive the growth of the market over the next five years.

The Microbial segment is projected to be the largest and fastest growing type of biological seed treatment market during the review period, in terms of value.

The biological seed treatment is categorized into two types namely microbial and botanicals. The microbial segment accounted for the largest share in the global biological seed treatment market due to the higher demand for biofungicides and bioinsecticides. These microbial seed treatments is carried out by beneficial microorganisms which can reduce the fertilizer and pesticide applications and increases the yields, with economical price.

By crop, the corn segment accounted for the largest market share in the biological seed treatment market, in terms of value.

Among various crop types, the corn segment accounted for the largest market share due to the risen production of corn globally and this crop is considered to be the most popular cereal type due to its wide range of applications as feed, food, and industrial feedstock. Also, the corn crop is vulnerable to many infections by plant pathogens throughout the growing season and thus has much wider requirement for biological seed treatment methods.

By function, the seed enhancement segment is projected to dominate in the biological seed treatment market during the forecast period, both in terms of value and volume.

The biological seed treatment functionalities comprised of seed enhancement and seed protection. The seed enhancement segment is projected to dominate constituting major share in the biological seed treatment market during the forecast period, both in terms of value and volume. This is due to the high growth potential conferring greater resistance to pests and diseases in seeds and improve the seed potency and modify seed emergence capabilities. In this segment, the biofertilizers are applied as coatings on seeds which could be of powder and granular formulations. The biostimulants have diverse formulations of microorganisms, plant extracts which are applied to the seeds for improving crop yield, with quality.

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North American region accounted for largest share in biological seed treatment market, in terms of value.

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.

Key market players:

The key players in this market include BASF SE (Germany), Bayer AG (Germany), Novozymes A/S (Denmark), Syngenta Group (Switzerland), Corteva Agriscience (US),  Valent BioSciences (US), Verdesian Life Sciences (US), Koppert Biological Systems (Netherlands). These leading companies adopted various strategies, such as new product launches, acquisitions, expansions & investments, and mergers and to sustain in the competitive market, acquisitions formed the key strategy adopted by the players in the biological seed treatment market.

Lecithin & Phospholipids Market to Showcase Continued Growth in the Coming Years

According to MarketsandMarkets "Lecithin & Phospholipids Market by Source (Soy, Sunflower, Rapeseed, Egg), Type (Fluid, De-Oiled, Modified), Application (Feed, Food (Confectionery Products, Convenience Food, Baked Goods) Industrial, Healthcare), Nature & Region - Global Forecast to 2027", the Lecithin & phospholipids market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. The market is driven by shifting consumer preferences to the natural and healthy food products. Moreover, it has also witnessed that the increasing vegan and flexitarian population across the globe is promoting the plant-based and natural ingredients in food products. These consumer trends are anticipated to fuel the demand for Lecithin & phospholipids in the global market over foreseeable future.

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Soy was the largest source segment in the global lecithin & phospholipids market and is expected to maintain the dominance over the forecast period

Soy based Lecithin & phospholipids are the wide consumed across different applications including animal feed, food & beverage, industrial, and healthcare. The ample availability of soy crop and easy extraction process makes the soy lecithin more convenient to the manufacturers in different industry. A wide range of regular food items contains soy lecithin such as bread, ice creams, infant products, dairy products, and some convenience food.

De-oiled segment is anticipated to be the fastest-growing lecithin & phospholipids type segment across the globe over the forecast period

De-oiled Lecithin or powdered Lecithin has almost no oil. It is practically free of oil and contains a particularly high concentration of polyunsaturated fatty acids. The powder lecithin is a more compact, easy-to-handle concentrated lecithin product which makes is perfect for transportation and store with higher shelf-life than liquid Lecithin. In addition to its improved functional properties, de-oiled lecithin products are essentially ready nutraceuticals with immense nutritional benefits for consumers.

Animal feed was the largest application segment for the lecithin & phospholipids market and anticipated to maintain the dominance over the forecast period.

Lecithin is one of the important ingredient used to enrich fat, protein, and improves palletization in animal feed. Various studies have shown that crustaceans & fish cannot adequately synthesize the phospholipids they require for maximum performance. Therefore, phospholipids are recommended in their diet. In 2016, the European Food Safety Authority (EFSA) approved the use of Lecithin in the feed for all animal species. This has created opportunities for manufacturers at a global level.

GMO was the largest nature segment for the lecithin & phospholipids market and anticipated to maintain the dominance over the forecast period.

Today, 90% of commercially available Lecithin is extracted from soy and sunflower. Lecithin has a dual function in food as an emulsifier and healthy ingredient. Because of its lipid-friendly and hydrophilic properties, Lecithin is used in many foods and many other areas of the industry.

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Asia Pacific is anticipated to be the fastest-growing region in the Lecithin & phospholipids market over the forecast period

The thriving food industry in developing economies as well as world’s top two most populous Asian countries including China and India which comprises a wide variety of bakery products, meat, dairy, and convenience foods is anticipated to fuel the demand for Lecithin & phospholipids. Moreover, growing popularity and adoption of food trends like veganism and natural plant-based foods among consumers is anticipated to promote the demand for Lecithin & phospholipids in the regional market.

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 Cargill (US), ADM (US), DuPont (US), IMCD Group B.V. (US), Bunge Limited (US), STERN-WYWIOL GRUPPE (Germany), Wilmar International Ltd. (Singapore), Sonic Biochem (India), Avril Group (France), American Lecithin Company (US), and VAV Life Sciences Pvt. Ltd. (India).

Animal Disinfectants Market to Witness Unprecedented Growth in Coming Years

The report "Animal Disinfectants Market by Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy & Ruminants, and Aquaculture), Form (Liquid and Powder), Type (Iodine, Lactic Acid, Hydrogen Peroxide), and Region- Global Forecast to 2027", size is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, recording a CAGR of 7.6% during the forecast period. The growth of the animal disinfectants market is attributed to the increasing trade of sanitation amidst this COVID-19 pandemic and increasing demand for meat and other animal products among countries such as Mexico, Brazil, Argentina, the UAE, India, and China. Animal disinfection is a technique that involve cleaning both the animals such as swine, equine, ruminants, poultry, and fishes and the surfaces to guarantee that microbial and other illnesses do not affect the animals or enter the food chain through the production process at the facilities. The animal disinfectants market is witnessing significant growth due to the increasing consumption of meat products in developing countries such as India, China, South Africa, and Brazil, compelling manufacturers to increase production.

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By type, the iodine segment is estimated to account for the largest share in the animal disinfectants market in 2022.

On the basis of product type segment, the iodine segment is estimated to dominate the animal disinfectants market in 2022. In recent years, China is being observed as an emerging country in the animal disinfectants market due to the increasing awareness in sanitation and increasing livestock production. For effective cleaning and disinfection, manufacturers use chemicals such as lactic acid, glycolic acid, phenolic acid, hydrogen peroxide, peracetic acid, and iodine in various chemical disinfection. However, the use use of iodine has dominated the use of all other compounds owing to its easy availability and wide applicability.

By application, dairy cleaning segment is projected to be the fastest-growing segment during the forecast period in the animal disinfectant market

During the forecast period, the dairy cleaning segment is projected to grow at the highest CAGR in the animal disinfectants market, in terms of value. Disinfectants are widely used in the dairy industry for cleaning dairy equipment. The cleaning of dairy cattle involves removing equipment and bedding before cleaning. The nature of the surfaces will influence the disinfection process. Rough and porous surfaces are difficult to disinfect in comparison to smooth surfaces. Both the milking parlor and milking machines must be cleaned daily to ensure more hygienic products.

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The Europe is estimated to dominate the animal disinfectant market in 2022

The Europe is estimated to account for the largest market share in the animal disinfectants market in 2022. The disinfectant industry in Europe offers the animal disinfectants market a large consumer base with opportunistic growth prospects. The growth of this market in the region is projected to be driven by developments in the livestock and meat industry in the Eastern European countries. Increasing consumption of meat products in this region has also compelled manufacturers to source and export of animal disinfectants to other parts of the world for an uninterrupted supply of advanced disinfectants.

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 Neogen Corporation (US), GEA (Germany), Zoetis (US), Kersia Group (France), CID Lines (Belgium), Albert Kerbl GmbH (Germany), PCC Group (Germany), Laboratoires Ceetel- CMPC (France), G SheperdAnimal Health (UK), Sanosil AG (Switzerland), DeLaval Inc. (Sweden), Diversey Holdings Ltd. (US), Fink Tec GmbH (Germany), Evans Vanodine International PLC (UK), Virox Animal Health (Canada) and Kemin Industries (US)