Pea Processed Ingredients Market Growth by Emerging Trends, Analysis, & Forecast

The report "Pea Processed Ingredients Market by Type (Pea protein (Isolates, Concentrates and Textured), Pea starch, Pea fiber, Pea Flour), Application (Food & Beverages), Source (Yellow split peas, chickpeas and lentils), and Region - Global Forecast to 2026", is estimated at USD 3.1 billion in 2021; it is projected to grow at a CAGR of 10.1% to reach USD 5.0 billion by 2026.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22233721

Pea protein is an ingredient produced from a variety of sources, such as yellow split peas, chickpeas, and lentils. It is an ingredient that is neutral in taste and has an array of applications in the food & beverage and health supplement industries. Pea protein is extracted in the form of isolates, concentrates, and textured. There is an increasing opportunity for pea processed ingredient manufacturers from the food & beverage and supplements markets. These markets seem to develop and formulate new products and technologies using pea protein, pea starch, pea fiber, and pea flour as a raw material, causing to innovate and implement groundbreaking products with an array of applications.

Pea protein powder is highly beneficial to humans, as it is allergen-friendly, easily digestible, contains eight amino acids necessary for the human body, naturally cholesterol-free and gluten-free, and contains BCAAs.  Consumers these days are now becoming aware of the benefits provided by plant-based sources, which are mostly organic by nature and are preferred over the conventional synthetically made source. Pea processed ingredients provides gluten-free solutions to food manufacturers with other nutritional benefits, such as low-fat, low-calorie, lactose-free, and allergen-free solutions. The use of gluten-free solutions in the production of bakery products helps in reducing the fat content, improving cholesterol levels, increasing the metabolic rate, and promoting healthy digestion.

Pea proteins sub-segment in by type segment is estimated to account for the largest share in the pea processed ingredients market.

The pea protein subsegment holds a dominant position in the pea processed ingredients market by type. This is due to the high protein content offered by isolates as well as their use in a wide array of applications, including plant-based meat and performance nutrition. In terms of volume, pea flour segment dominated the market owing to lower price and easy extrusion process compared to the other types.

In by application segment, the beverages sub-segment is projected to account for the fastest market growth in the pea processed ingredients market.

Considering the growing population of lactose-intolerant consumers and a general paradigm shift of consumers seeking dairy alternatives, manufacturers have directed their efforts toward producing non-dairy alternatives that are allergen-free. Pea proteins are allergen-friendly and are devoid of any genetic modification. Drinks such as soups, juices, smoothies, and meal replacer drinks are now available being fortified with dietary fibers. They increase the viscosity and stability of the drink as well as the shelf life of the beverages. These beverages are of low caloric content but with similar taste and improved texture. It is used as an alternate source of sugar for confectionery products, and hence, is popular among health-conscious consumers.

The yellow peas sub-segment by source is projected to account for the largest market share of the pea processed ingredients market over the forecast period.

Yellow peas are among the most preferred sources of pea by product manufacturers. This is due to the functionality and adaptability of peas into different product types, which is driving the demand for yellow peas across different products, such as plant-based meat, beverages, and even functional foods, and performance nutrition. The high protein content offered by yellow split peas makes it ideal for manufacturing pea protein isolates.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=22233721

North America is estimated to dominate the global pea processed ingredients market over the forecast period.

Consumers in the North American region are gradually shifting their diet preferences and are going vegan due to the health and wellness benefits associated with it. This paradigm shift in food culture is being supported by health & fitness industries, medical communities, celebrities, and athletes, which has bolstered the demand for pea-based food ingredients. The rising incidences of obesity, cardiovascular diseases, and diabetes among the American population have also prompted consumers to adopt vegan diets.

Key Market Players:

The key players in this market include Emsland Group (Germany), COSUCRA Groupe Warcoing SA (Belgium), Roquette Frères (France), Vestkorn Milling AS (Norway), Ingredion Incorporated (US), Axiom Foods, Inc (US), and Felleskjøpet Rogaland Agder (Norway). 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.

Key Trends Shaping the Benzenoid Market

The report "Benzenoid Market by Type (Benzyl Acetate, Benzoate, Chloride, Salicylate, Benzaldehyde, Cinnamyl, Vanillin), Application (Soaps & Detergents, Food & Beverage, Household Products), and Region – Global forecast to 2025", size is estimated to be USD 651 million in 2020 and is projected to reach USD 857 million by 2025, at a CAGR of 5.6% during the forecast period. The market is being strongly driven by soaps & detergents industry, which is witnesses a high demand. With newer premium products coming up in the market and unique fragrance blends, their demand is projected to grow in the market in the near future.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18857610

The spread of COVID-19 pandemic affected the overall chemicals market in the global regions. The value of trade in organic chemicals reached USD 846 billion in 2019, which decreased by nearly 10% from 2018 in terms of value. The economy of China was also affected by events such as the Chinese economic slowdown & US-China trade wars. As reported by the Financial Express in May 2020, the country recorded low oil prices in 2020 and has impacted the chemicals and petrochemicals industries. The low demand for fuels due to the lockdown has led to the low production of many chemicals. The major benefitting end use sector for benzenoids chemicals, such as cosmetics, fine fragrances, and perfumes, were majorly impacted. There are over 1,000 small, medium, and large-size enterprises operating in this industry, both in the organized and unorganized sector, and almost all the food, pharma, FMCG industries are dependent on fragrances and flavors. However, with reopening markets and economies show that the business are recovering soon and the market is estimated to regain their business after alockdowns end.

The soaps and detergents sub-segment, in by application segment , is projected to dominate the market during the forecast period.

The demand for soaps and detergents have been observing a stable demand from the global market in the pre-Covid period and their demands, further spikes since thre spread of Covid-19 with the increasing focus of the population on cleanliness and hygiene. For these, there were rising demand for production of quality and premium fragrance products. These are estimated to drive the market growth.

The benzyl benzoate sub-segment, in the by type, is projected to witness the highest growth in the benzenoids market

Benzyl benzoate is estimated to observe the fastest market growth during the forecast period in the benzenoids market as the compound is a thick liquid that has a weak, sweet-balsamic odor and it occurs naturally in some flower blossoms, fragrances and benzyl benzoate can also be formulated in a lab with added scents to slow their evaporation. It serves a supporting role that helps in dissolving and blending together all the different scent substances. Thus their usage is expected to grow.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=18857610

Asia Pacific is estimated to be the largest market.

The Asia Pacific region is estimated to account for the largest share of the global benzenoids market in 2020. The rising income, purchasing power, rapid growth of the middle-class population, and consumer demand for processed products present promising prospects for growth and diversification in the region’s benzenoids sector. The European aroma chemicals manufacturers are gradually losing their market share, failing to compete with products from Asia (mainly from China), where labor costs are much lower and the quality control is constantly growing, imitating western technologies. Further, countries such as China, Japan, South Korea, and Indonesia are witnessing significant growth in the cosmetics, beauty, and personal care products markets. These rae expected to drice the growth from benzenoid chemiclas in the region.

Key players in this market include include major players such as BASF (Germany), Firmenich (Switzerland), Emerald Kalama Chemical (US), International Flavors & Fragrances, Inc. (US), Eternis Fine Chemicals (India), Symrise (France), Tennants Fine Chemicals Ltd. (England), Jayshree Aromatics Pvt. Ltd. (India), and Valtris Specialty Chemicals (US. These major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements. 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.

Probiotics in Animal Feed Market Growth by Emerging Trends, Analysis, & Forecast

The report "Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria, Yeast), Form (Dry, Liquid), and Region (North America, Europe, Asia Pacific, South America, & Rest of World) - Global Forecast to 2026", is estimated at USD 4.4 billion in 2021; this is projected to record a CAGR of 8.8% from 2021 to 2026

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=85832335

Asia Pacific leads the global probiotics in the animal feed. Factors such as a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health drive the Asia Pacific market. Major countries contributing significantly to the growth of the Asia Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in these countries are expected to boost the probiotics in animal feed market in the Asia Pacific. Furthermore, the outbreaks of livestock diseases in the South American and African regions have led to increased concerns about animal health, making them lucrative markets for probiotics in animal feed.

The yeast & fungi segment by source is projected to achieve the fastest growth in the animal feed probiotic  market.

Yeasts in poultry have a large and influential role in increasing the efficiency of feed and increasing the turnout of poultry production. The addition of yeast in poultry feed products also makes feed more attractive to poultry. Adding yeasts to drinking water for poultry helps the breeders have different ways to benefit from yeasts in poultry and their distinctive impact on the health and overall performance of poultry, whether they are fattening, laying, or even maternal poultry. The use of yeasts in poultry, either by adding them directly to feed or added to the drinking water, has many benefits and advantages, such as supporting and enhancing the functions of the digestive system.

By livestock, the aquaculture segment is projected to account for the fastest growth  in the animal feed probiotics market.

Probiotics, when added to aquafeed, increase their nutritional value, contribute to digestion in the form of enzymes, inhibit the growth of pathogens, and improve the immune response of the species. According to the World Fisheries and Aquaculture report published in 2018, approximately 84% of the total aquaculture production is utilized for human consumption. Thus, there is a need to ensure that what humans receive in the form of food is healthy and does not have any negative impact on their health.

The dry segment by form is projected to account for the largest growth of the animal feed probiotics market over the forecast period.

The dry form of probiotics is usually mixed in the feed for animals, including cattle, poultry, and swine. Cattle often consume dry tropical grasses, which have high fiber content but are poor in taste and have less nutritive value. Due to these factors, various types of dry specialty feed additives, such as bacteria and yeast, are used in feed, particularly for animals, such as dogs, cats, horses, and cattle, to fulfill their nutritional requirements. These additives serve as excellent carriers for feed and are nutrient-rich. They make the feed palatable and increase its consumption among animals, which helps in reducing feed wastage and labor requirements.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=85832335

Asia Pacific is projected to be the fastest growing market.

The growth in population, rise in disposable incomes, rapid urbanization in the Asia Pacific region, and an increase in demand for high-quality meat products are the key factors that have encouraged the demand for feed additives. Substantial growth is witnessed in countries, such as China, India, and Japan, due to the increase in the purchasing power of the population and demand for protein-rich meat diets. Pork and poultry are widely consumed in the Asia Pacific region. Moreover, consumers prefer opting for products that have high nutritional content and offer health benefits and exotic tastes. Thus, fish and other seafood products are also a preferred option for consumers, which is also a growing industry in this region. The presence of a wide range of fishery resources, both freshwater and marine, is considered a key factor that has encouraged the consumption of seafood products in the Asia Pacific region. There is an increase in consumer demand for fish produced without antibiotics that are environmental-friendly and animal-friendly. This new trend in the aquaculture industry is leading to a change towards sustainable aquaculture production methods, which, in turn, results in an increase in the usage of feed additives, such as probiotics, in feed products. This, in turn, is projected to drive the growth in the probiotics in feed market.

Key Market Players:

The key players in this market include Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DuPont (US), Evonik Industries (Germany), Land OLakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), and Pure Cultures (US).

Frozen Food Market Growth by Emerging Trends, Analysis, & Forecast

The report "Frozen Food Market by Product (Fruits & Vegetables, Dairy, Meat & Seafood), Type (Raw Material, Half Cooked), Consumption, Distribution Channel, And Region (North America, Europe, Asia Pacific, South America, And Mea) - Global Forecast To 2025", The frozen food market is estimated to account for about USD 244.3 billion in 2020 and is projected to reach a value of nearly USD 312.3 billion by 2025, growing at a CAGR of 5.0% from 2020. The retail food industry has witnessed significant growth over the past few years, globally. The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form an important growing outlet for frozen food products, owing to the latest trend of on-the-go consumption. The rising per capita income and increasing number of working women, globally, have further accelerated the market growth.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130

By product, the convenience food & ready mealssegment is estimated to account for the largest share in the frozen food market in 2020.

On the basis of product, the convenience food & ready meals segment is estimated to dominate the frozen food market in 2020. This is due to the increasing consumer preference toward convenience foods, which indirectly favors the increasing demand for frozen products, as they require less time and efforts. The processed food market is driven by the greater need for convenience due to the busy lifestyles of consumers. This, in turn, increases the demand for frozen products. Increasing disposable income is also one such factor that had a huge influence on the growth of the frozen food market, as it increases the buying power of the consumers.

The frozen food market is witnessing strong growth due to the developments in the retail landscape.

The development of retail channels in the form of supermarkets, hypermarkets, and convenience stores has driven the growth of the frozen food market. These large food chains form a significant growing outlet for frozen food products, owing to the latest trend of on-the-go consumption. With this, the supermarkets are also able to capture their share in the frozen bakery food market, as a result of the increasing demand for exotic vegetables and fruits and in-house bakers. This trend is driving the frozen food market, especially the frozen bread market.

Request for Sample Pages of the Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=130

Europe is estimated to dominate the frozen food market in 2020.

Europe is estimated to account for the largest market share in the frozen food market in 2020. The region is projected to offer huge growth potential to the frozen food market. The market in Germany is estimated to be the major contributor to the growth in the region. The European market is driven by the robust growth of the food industry, which has supported the ready-to-eat snack food industry to gain acceleration in this market.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the frozen food market. It includes the profiles of the leading companies such as General Mills Inc (US), Conagra Brands, Inc. (US), Grupo Bimbo S.A.B. de C.V. (Mexico), Nestle SA (Switzerland), Unilever (Netherlands), Kellogg Company (US), McCain Foods Limited (Canada), Kraft Heinz Company (US), Associated British Foods plc (UK), Ajinomoto (Japan), Lantmannen Unibake International (Denmark).

Liquid Fertilizers Market Growth Opportunities by 2025

The report "Liquid Fertilizers Market by Type (Nitrogen, Phosphorus, Potassium, and Micronutrients), Mode of Application (Soil, Foliar, and Fertigation), Major Compounds (CAN, UAN, MAP, DAP, and Potassium Nitrate), Crop Type, and Region - Global Forecast To 2025", The global liquid fertilizers market size is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach a value of USD 3.0 billion by 2025, growing at a CAGR of 4.4% during the forecast period. Factors such as the rise in demand for high-efficiency fertilizers and an increase in crop varieties are projected to drive the growth of the liquid fertilizers market.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=225530281

The liquid fertilizers market includes major Tier I and II suppliers like Nutrien, Ltd. (Canada), Yara International ASA (Norway), Israel Chemical Ltd. (Israel), K+S Aktiengesellschaft (Germany), Sociedad Química y Minera de Chile (SQM) (Chile) and The Mosaic Company (US). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. Most of the companies are facing the impact of COVID-19 on their businesses upto some extent, affecting the supply chain due to logistics restrictions. But, companies are ensuring to smoothen the supply chain process despite of barriers to support the farmers and ensure food security. The companies are planning to recover the business losses in the third quarter of the year 2020 and soon as the government takes relaxing measures.

The nitrogen segment is estimated to account for the largest market share, in terms of value, in 2020.

Nitrogen is one of the most-widely consumed nutrients among all the macro and microelements required for plant growth. It is used to build amino acids, which produces proteins, takes part in almost every biochemical reaction performed in a plant. Inadequate nitrogen (N) availability in the soil is a common problem that farmers often witness. Therefore, additional liquid nitrogen fertilization is used to eradicate this problem. Urea, ammonium nitrate, ammonium sulfate, and calcium nitrate are commonly available nutrient sources of liquid nitrogen. In addition, various combinations of nutrients are manufactured and used to provide nutrition to plants. Urea is one of the most commonly used sources of nitrogen.

The urea-ammonium nitrate (UAN) segment, on the basis of major compounds, is estimated to record significant growth due to its high demand in the global liquid fertilizers market.

UAN is gaining popularity among liquid fertilizer users, as it can be mixed with pesticides, herbicides, growth regulators, and other nutrients. Hence, it allows farmers to reduce costs by applying several materials simultaneously. Due to its chemical properties, UAN is compatible with many other nutrients and agricultural chemicals. Thus, it is more often mixed with solutions containing phosphorus, potassium, and other essential plant nutrients. Fluid fertilizers can be blended to precisely meet the specific needs of the soil or crop.

The fertigation segment is projected to witness the fastest growth, in terms of value, in the liquid fertilizers market, on the basis of mode of application, from 2020 to 2025.

Fertigation is an agricultural technique, which includes water and fertilizer application through irrigation. This process provides an opportunity to maximize the yield and minimize environmental pollution. Moreover, through fertigation, a farmer can uniformly apply nutrients throughout the field, whenever required. This market is projected to grow due to the adoption of efficient irrigation systems globally. The fertigation method allows homogenous application of liquid fertilizers in adequate amount to the wetted zone in the root development, where most of the active roots are concentrated. This helps in enhancing the efficiency of liquid fertilizers.

The cereals & grains segment, on the basis of crop type, is estimated to account for the largest market share, in terms of value, in 2020.

The cereals & grains segment in the market comprises different crops, such as rice, wheat, corn, and maze. The production of cereals and grains vary across different regions, depending on the topography and climatic conditions. Hence, the type of fertilizers used for crop growth also varies. Due to this, the cereals and grains recorded the highest consumption of nitrogen-based fertilizers in North America. This segment is projected to witness an increase in the share of nearly 5%, which is contributed largely by the US and Canada, according to the FAO World Fertilizer Outlook in 2019.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=225530281

South America is projected to grow at the highest CAGR during the forecast period.

The market for liquid fertilizers in the South America region is projected to grow at the highest CAGR from 2020 to 2025. According to FAOSTAT, Brazil is the largest producer of agricultural products due to the availability of abundant land and rural labor force, followed by Argentina. The growth in South America is majorly attributed to by the increase in the adoption of agrochemicals and advancements in farming techniques in Brazil and Argentina with distribution channels established by global agrochemical players. Due to these factors, the market in the South America region is projected to record the highest growth from 2020 to 2025.

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 liquid fertilizers market. It includes the profiles of leading companies such as Nutrien, Ltd. (Canada), Yara International ASA (Norway), Israel Chemical Ltd. (Israel), K+S Aktiengesellschaft (Germany), Sociedad Química y Minera de Chile (SQM) (Chile), The Mosaic Company (US), EuroChem Group (Switzerland), CF Industries Holdings, Inc.(US), OCI Nitrogen (Netherlands), Wilbur-Ellis (US), Compass Minerals (US), Kugler (US), Haifa Group (Israel), COMPO Expert GmbH (Germany), AgroLiquid (US), Plant Food Company, Inc. (US), Foxfarm Soil and Fertilizer Company (California), Agro Bio Chemicals (India), Agzon Agro (India), BrandT (US), Nufarm (Australia), Plant Fuel Nutrients, LLC (US), Nutri-tech solutions (Australia) and Valagro SPA (Italy).

Aquafeed Market Growth Opportunities by 2025

The report "Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive, and Region - Global Forecast to 2025", The global aquafeed market is estimated to be valued at USD 56.0 billion in 2020. It is projected to reach USD 71.6 billion by 2025, recording a CAGR of 7.2% during the forecast period. The global aquafeed 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. China, Norway, Vietnam, and Thailand are the key fish producers as well as the largest exporters of fish and fishery products. The global consumption of seafood has increased due to the rising awareness about the health benefits of consuming fish and other aquaculture species. They are a rich source of vitamins, minerals, amino acids, and essential fats (long-chain omega-3 fatty acids).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151

Processed soybean is the worlds largest source of animal protein feed.

Soybean is among the non-fish sources of omega-3 fatty acids, proteins, and unsaturated fats. Soy protein is fed to farm-reared fish and shellfish to enhance their overall growth and development. Some of the commonly used soybean products in aquafeed include heat-processed full-fat soybean, mechanically extracted soybean cake, solvent-extracted soybean meal, and dehulled solvent-extracted soybean meal. According to the USDA, processed soybean is the worlds largest source of animal protein feed. Soybean isolates and different varieties of genetically modified soybeans are being introduced to replacing fishmeal, which is a rich source of amino acids.

Feed enzymes aid in nutrient absorption due to which its application is growing in feed

Enzymes are biological catalysts that help to lower feed costs and reduce phosphorus content in animal waste. Feed enzymes are widely used to improve the nutritive value of feed by regulating various metabolic reactions. Enzymes increase the digestibility of nutrients in feed, which leads to an increase in the efficient production of various animal products. The demand for feed enzymes is increasing, as they are used for the development of the immune system and bones of aquatic animals. Feed enzymes enhance the growth of animals by weight gain and the quality of output.

Oysters and mussels are the most widely cultured groups under mollusks

Mollusks serve as a good source of protein. Their shells have industrial as well as ornamental uses. Along with harvesting mollusks from natural fisheries, they are also cultured in artificially controlled environments to protect them during storms and wind, and to increase their productivity. Various factors, such as nutrient composition, rapid growth rate, mass culturing, stability in temperature & light, and easy digestibility, are considered before using certain species of microalgae as feed. The market for mollusk feed is growing slowly due to slower adoption and the high cost of feed. The research activities to find cheaper alternative sources of algae are expected to drive the slow-paced market.

The free-flowing structure and consistency of the dry aquafeed makes it a preferred form

The feed for fish is most commonly available in the form of pellets or granules, and usually contains moisture of approximately 7%–13%. Most aquafeed manufacturers adopt the use of the dry form of feed due to its free-flowing structure and ability to provide consistency. This form of feed is also preferred due to other factors, such as ease of transportation, storage, and convenience associated with it, as opposed to the liquid form, which requires specialized facilities for storage and transportation. It can be purchased in bulk and is available with multiple ingredient options. Cost-effectiveness is another aspect that drives the growth of this market.

Protein levels in finisher feed vary by different shrimp species

Finisher feed is usually administered to fully-grown fish species. Finisher feed ensures a balanced diet and supports muscle growth alongside higher nutrient absorption. Alltechs survey on Global Aquaculture Feed Production Survey analyzed the average cost of finisher diets and concluded that finisher feeds had remarkably high costs in countries, such as South Korea, Japan, and Vietnam. Fishmeal and fish oil are some of the key ingredients used in finisher feeds. The finisher feed prepared for various species differs in terms of protein levels. The finisher feed fed to monodon species (tiger prawns) contains 38% of crude protein as opposed to the finisher feed for L.vannamei, which contains 32%–34% of crude protein.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1151

North America is projected to reach USD 2.4 billion during the forecast period.

The US was the dominant market for aquafeed in the North American region, having accounted for a share of 64.0% in 2020. The US also remains one of the worlds largest exporters of seafood products, exporting farm-raised trout & salmon largely to Canada and Mexico, and oysters & clams to Canada. It is also the second-largest seafood importer from Asia Pacific countries. Aquafeed consumption is increasing slowly in the US due to the growing demand for fish for direct human consumption (DHC). Apart from being the leading consumer of aquafeed, it also exports to South American and Asian countries.

The key players in this market include Cargill, Incorporated (US), ADM (US), Nutreco N.V. (Netherlands), and Ridley Corporation Ltd. (Australia).

Crop Protection Chemicals Market Growth Opportunities by 2025

The report "Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic, Biopesticides), Form (Liquid, Solid), Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2025", The global Crop protection chemicals size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=380

Herbicides, by type, is estimated to hold the largest market share during the forecast period.

The market for crop protection chemicals, by type, has been segmented into feed grade and nutrition grade.

Herbicides are widely used in weed control, which helps in enhancing crop productivity and quality of output. Herbicides help in reducing soil erosion and increase soil fertility and crop yield. They are used to control or kill unwanted plants and are often known as weed killers.

The liquid segment, by form, is estimated to hold the largest share in the Crop protection chemicals during the forecast period

Liquid forms of crop protection chemical products are preferred more by suppliers as well as end-users. Liquid forms offer a longer shelf-life with easy handling, transportation, and application. Also, they are cost-effective, eco-friendly, and sustainable. Companies are investing in the technological development of crop protection chemicals in liquid forms. The liquid forms of crop protection chemicals can either be water-based, oil-based, polymer-based, or their combinations. Typical liquid formulating lines consist of storage tanks or containers to hold active ingredients, inert materials, and a mixing tank for formulating the crop protection chemical products. Water-based formulations require inert ingredients such as stabilizers, stickers, surfactants, coloring agents, anti-freeze compounds, and additional nutrients. Examples of liquid forms are suspension concentrate, suspo-emulsions, and capsule suspension.

Synthetic, by source, is estimated to account for the largest market share during the forecast period

Synthetic crop protection chemicals are manufactured in laboratories and are mixtures of chemicals that intend to avert, kill, repel, or destroy any pests. Synthetic crop protection chemicals are perceived to be toxic and dangerous if proper chemicals are not used. However, since the past 60 years, various innovative synthetic crop protection chemicals have been developed which are less toxic and more effective on crops. Due to innovative product development by the leading crop protection chemical manufacturing companies such as BASF SE (Germany), various new and more pest-specific synthetic crop protection chemicals are being developed, which cause less damage to the environment.

Foliar spray, by mode of application, is estimated to account for the largest market share during the forecast period

The foliar spray mode of application is the most widely used for crop protection chemicals. It can be used for herbicides, insecticides, as well as fungicides. However, it is majorly used for spraying herbicides and insecticides due to labor shortage for removing unwanted weeds manually and also for destroying insect attacks on crops.

Foliar spray or foliar feeding is a technique of feeding plants by applying liquid crop protection chemicals directly to their leaves. Foliar spray is suitable for destroying large number of unwanted grasses, herbs, and shrubs.

Cereals & grains, by crop type, is estimated to account for the largest market share during the forecast period

The cereals & oilseeds segment accounted for the largest market share in terms of value; this is projected to grow at the highest CAGR during the forecast period. The demand for cereals & oilseeds is increasing significantly across the globe owing to the increasing demand for food.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=380

South America is estimated to hold the largest market share during the forecast period

South America is an emerging agricultural powerhouse, growing at a rapid pace above the global growth average. Growth in this region is significantly contributed by the growth in Brazil and Argentina, which are the world’s most potent agricultural producers and are expected to grow well above the regional average. The economic growth in South America has been stimulated by democratization, economic reforms, and the foundation of the two trading blocs namely, Mercosur and the Andean Pact.

Regulatory framework in South America is quite weak as compared to North America and Europe. The South American Pesticide Action Network controls the regulatory issues in the region. The international trade system from the WTO for regional and bilateral trade deals also undermines national pesticide laws and threatens the ability of South American nations to prohibit dangerous chemicals from being used. This is especially observed in the case of WTOs demand for establishing certain common minimum standards for pesticides among countries. For instance, if a country wants to implement a stricter standard on pesticides as compared to the WTO, it could be recognized as a technical barrier to trade.

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 Crop protection chemicals. It consists of the profiles of leading companies such BASF SE (Germany), The Dow Chemicals Company (US), Dupont (US), Sumitomo Chemical Co., Ltd (Japan), Syngenta AG (Switzerland), Bayer Cropscience AG (Germany), FMC Coropration (US), NufarmLimited (Australia), Adama Agricultural Solutions (Israel), Verdesian LIfescineces (US), Bioworks Inc. (US), Valent US (US), Arysta Lifescince Corporation (US), American Vanguard Corporation (US), Chr. Hansen (Denmark), Corteva Agrisciences (US), UPL Limited (India), Jiangsu Yangnong Chemical Group Co Ltd (China), Agrolac (Spain), Lianyungang Liben Crop Science Co. Ltd. (HongKong), Nanjing red sun co. ltd (China), Kumiai Chemicals (Japan), Wynca Chemicals (China), Lier Chemicals (China), Simpcam Oxon (Italy).