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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=511

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.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=511

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).

Wheat Protein Market to Showcase Continued Growth in the Coming Years

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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=67845768

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.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=67845768

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), 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.

Crop Protection Chemicals Market to Showcase Continued Growth in the Coming Years

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), 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).

Meal Replacement Market to Witness Unprecedented Growth in Coming Years

The global meal replacement market size is estimated to be valued at USD 11.9 billion in 2021 and is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The demand for meal replacement products is attributed to increasing prevalence of obesity and diabetes coupled with the increasing population of health-conscious consumers and changing consumer lifestyle and availability of convenient nutritious meal in the form of meal replacement.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=740

Key players in this market include Abbott Laboratories (US), Glanbia (Ireland), Amway (US), Herbalife Nutrition (US), Nestle (Switzerland), Atkins (US), Huel (UK), Kellogg Co. (US), Skin Enterprises Inc. (US) and USANA Health Sciences Inc. (US).

Since meal replacement is a growing market, the existing players are fixated upon improving their market shares, while the newer startups are being established rapidly in the meal replacement segment. Meal replacement can be classified as a competitive market as it has a large number of organized players at the global level as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies across the globe.

Abbott Laboratories is an American multinational company that specializes in various fields such as nutrition, medical devices, diagnostics, and pharmaceuticals. It has over 99,000 employees and is spread across 150 countries advancing global health. Abbott has a variety of brands through which it innovates products. Some of the brands include Ensure, Vital, and Glucerna, among others. The company has its global presence in Asia Pacific, Europe, the Middle East, South Africa, North America, and South America.

Amway is a multilevel marketing company that specializes in the manufacturing of beauty, health, and home care products. It is a global community that has a presence in over 100 countries. The company is primarily focused on manufacturing macronutrient supplements that can be used as meal replacement products. It offers products worldwide through its brands such as Nutrilite, Artistry, Attitude, XS, Amway Queen, among others. The type of products offered by the company include BodyKey by Nutrilite Meal Replacement Shake Mix.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=740

In 2021, North America accounted for a market share of 29.28% in the global meal replacement market. The market in the region is highly diversified, and manufacturers are strongly focusing on the development of new meal replacement products to cater to the demand from end users. Although North America holds the largest share, the meal replacement market is matured and is projected to grow at a steady CAGR of 4.6% during the forecast period.

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

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 demand for lecithin & phospholipids is attributed by the increasing awareness of healthy lifestyle among consumers.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259514839

Key players in this market include 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).

The existing players in the lecithin & phospholipids market are fixated upon improving their market shares, while the newer startups are being established rapidly in the lecithin & phospholipids segment. Lecithin & phospholipids can be classified as a fragmented market as it has a large number of organized players at the global level as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies across the globe.

ADM is a well-established manufacturer of food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. The company’s product portfolio includes vegetable oil, protein meal, corn sweetener, flour, biodiesel, ethanol, and other value-added food and feed ingredients.

The company provides lecithin under its food ingredient category. It offers a broad portfolio of fluid lecithin, de-oiled lecithin, and non-GMO soy lecithin. It has a wide variety of applications such as baked goods, confectionery products, dairy products beverages, snack foods, instant foods, human nutrition, animal nutrition, and release agents. These products are available under its industry-leading brands such as Yelkin, Beakin, Performix, Thermolec, Ultralec, and Adlec. Apart from this, the company also offers phospholipids under the brands, Ultralec, and Capsulec.

For instance, in November 2021, ADM acquired SOJA PROTEIN, one of the leading European providers of non-GMO soy ingredients. The addition represents a significant expansion of ADM’s global alternative protein capabilities and its ability to meet the growing demand for plant-based foods and beverages.

DuPont is a science and technology-based company that offers innovative products, materials, and services to meet the demands of a broad customer base. The company operates through 13 business segments: agriculture, automotive, building & construction, electronics, energy, food & beverage, government & public sector, health care & medical, marine, mining, packaging & printing, plastics, and safety & protection. The company offers soy lecithin through its two acquired companies—Danisco and Solae, LLC—under ENHANCE and SOLEC. For instance, In January 2020, Dupont invested USD 75 million to modernize and expand its manufacturing and technology operations in the Spruance plant located in Chesterfield County.

Make an Inquiry @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259514839

Asia Pacific accounted for 33.9% of the lecithin market in 2021. In the Asia Pacific region, lecithin is gaining popularity due to busy lifestyles, urging consumers to opt for on-the-go and RTE products. The demand for lecithin is expected to increase in the coming years due to the growing population and increasing per-capita income of consumers, based on a World Bank report. Moreover, export opportunities of non-GMO lecithin from countries such as India to the European market are expected to drive the lecithin market in the region.

Meal Replacement Market to Witness Unprecedented Growth in Coming Years

The global meal replacement market as per revenue was estimated to be worth $11.9 million in 2021 and is poised to reach $15.5 billion by 2026, growing at a CAGR of 5.4% from 2021 to 2026. Chronic diseases continue to loom over global public health as a persistent threat. According to the UN, by 2030, chronic diseases will account for 70% of all deaths worldwide and 56% of the global disease burden. However, there is hope. Making small yet impactful lifestyle changes such as maintaining a healthy weight, regular exercise, and a balanced diet can reduce the risk of developing chronic diseases by up to 80%. As a result, individuals and groups are embracing new behavior changes, such as incorporating meal replacements into their diets to meet their nutritional needs.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=740

Meal replacements are becoming increasingly popular as they provide a complete range of balanced and sufficient nutrients, helping consumers prioritize their health and adopt more health-promoting diets. As a result, the market for meal replacements is expected to expand as more people prioritize their health and wellbeing.

The emergence of plant-based and vegan meal replacement products

Meal replacements made from vegan ingredients are stocked with plant protein, fiber, good fats, and vital vitamins and minerals. A new breed of fluid meals called vegan meal replacements can perfectly substitute regular food. Some meal replacements come in single-serving bottles that are ready-to-eat (drink), making them a fantastic alternative for food on-the-go, while others are available as a powder that can be combined with milk or water to produce a shake. They are delicious and nutrient-dense. Specifically designed for patients and athletes, the US-based Vejii Holdings launched a plant-based meal replacement called Heal in 2021 that includes plant-based protein, powdered fruits and vegetables, anti-inflammatory superfood extracts, probiotics, and prebiotics.

High costs of meal replacement products

A nutritious meal replacement is more expensive than a conventional meal as additional manufacturing processes are required to increase the product's nutritional value. It may deter the growth of the meal replacement market. The high expense of meal replacement is linked to the increased cost of research, development, and personalization.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=740

North American Dominance in Meal Replacements

North America accounted for the largest market share of 29.5% in 2020 and is expected to grow at a CAGR of 4.6% during the forecast period. CDC suggests that chronic diseases, such as diabetes, cancer, heart disease, and stroke, affect six out of ten Americans. Chronic illnesses are the main contributors to health care costs as well as the major causes of death and disability in the United States.

Dietary Guidelines for Americans (Dietary Guidelines), provided by the US health department, offer recommendations to satisfy nutrient requirements, advance health and fend off diseases  The Dietary Guidelines are updated and published every five years by the US Departments of Health and Human Services (HHS) and Agriculture (USDA). The presence of health policies focusing on healthy eating and improved lifestyle choices, together with the willingness of consumers to spend on meal replacement products, contribute to the larger share of the US.

Biofertilizers Market to Witness Unprecedented Growth in Coming Years

The global biofertilizers market size is estimated to be valued at USD 3.1 billion in 2023 and reach USD 5.2 billion by 2028, growing at a CAGR of 10.9% during the study period. The market was valued to be 2.8 billion in 2022, Through natural processes such as nitrogen fixation; phosphate solubilization; and the production of compounds that stimulate growth, biofertilizers provide nutrients to plants. They boost soil organic matter and aid in restoring the soil's natural nutrition cycle. By using biofertilizers, growers can increase the sustainability and health of the soil and cultivate healthy crops. Only bacteria and other biological elements that are not damaging to the environment are present in biofertilizers. As a result, they contribute to reducing pollution brought on by agricultural activities, particularly soil pollution.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=856

Use of biofertilizers have been proven to lower the cost of agricultural inputs while increasing the overall crop productivity in the long run. Biofertilizers also helps in increasing resistance to various plant diseases and abiotic stresses. These factors are driving the global biofertilizers market during the review period.

Drivers: Adoption of precision farming and protected agriculture

The goal of precision farming is to produce profitable agricultural output by identifying and analysing spatial and temporal variability using cutting-edge technologies. To boost crop output and yield, agricultural biologicals are employed in precision farming and protected agriculture. The market for biofertilizers is growing as a result of the widespread use of agricultural biologicals in protected agriculture, which promotes the use of biofertilizers. Farmers can track the application of liquid biofertilizer by using fertilisation plans that use GPS-guided geographic information system (GIS) software. Therefore, it is anticipated that the market for biofertilizers will be driven by the rise in land under precision and protected agriculture.

Opportunities: New target markets: Asia Pacific and Africa

The Asia Pacific and Africa regions are one of the largest consumers of fertilizers. Population development, particularly in Asia, has led to an increase in food demand, which will ultimately result in an increase in fertilizer usage. Governments in these regions are placing a strong emphasis on the use of environmentally benign fertilizers, like biofertilizers and organic manure, to mitigate the negative impacts of chemical fertilisers. Government agencies have aided in raising farmer understanding of the benefits of using biofertilizers. Africa has experienced active conventional farming over the past few decades, which has utilized synthetic fertilizers to supply the soil with vital plant nutrients. However, the quality of the soil and the vital nutrients have been compromised by the over application of these fertilizers. The region now needs biofertilizers as a result of this aspect.

Make an Inquiry @ 
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=856

North America is projected to gain the largest market share in the global biofertilizers market.

North America is projected to gain the largest market share in the global biofertilizers market. The presence of large number in the region allows farmers/growers in the region, access to wide range of products at competitive prices. The governments in the region are promoting use of agricultural inputs which causes less environmental degradation and hence are encouraging the use of biofertilizers. In countries such as US and Canada, farmers are focused on producing cash crops at larger scale which is also driving the market in the region.

Key players in biofertilizers market have strong distribution network and have strong financial records. These firms have experience of several years, well established manufacturing facilities, r&d centers, and skilled workforce. Prominent players in this market include Novozymes (Denmark), UPL (India), Chr. Hansen Holding A/S (Denmark), Syngenta (Switzerland), T.Stanes and Company Limited (India), and Lallemand Inc (Canada).