Aquafeed Market to Record Steady Growth by 2028

The global aquafeed market is projected to reach USD 88.0 billion by 2028, at a CAGR of 7.3% over the forecast period. It is estimated to be valued USD 61.8 billion in 2023. Several important factors are driving up demand for aquafeed products on a global scale. First, a growing worldwide population has an increased need for seafood, and aquaculture offers a sustainable way to meet this demand. Fish and prawn farming has become more popular because of the depletion of wild fish stocks. Aquafeed is crucial for the healthy growth and development of aquaculture aquatic species, increasing their output and decreasing their reliance on foraging wild fish. Aquafeed products are in high demand to support the expansion of the business since advances in aquaculture technology and practises have made it more effective and financially viable.

Some of the Prominent Key Players are:

• ADM (US)
• Cargill, Incorpoarted (US)
• Ridley Corporation Limited (Australia)
• Nutreco (Netherlands)
• Alltech (US)
• Purina Animal Nutrition (US)
• Adisseo (Belgium)

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

By ingredients, soybean segment is projected to have the largest share during the forecast period.

Soybeans are 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. Soybean isolates and different varieties of genetically modified soybeans are being introduced to replace fishmeal, which is a rich source of amino acids.

By species, fish segment is projected to have fastest growing rate during the forecast period.

In the aquafeed market, the fish segment is expanding for a variety of reasons. The need for high-quality and nutritionally balanced aquafeed is being driven by the increasing demand for fish protein on a global scale, the depletion of wild fish supplies, and the growth of aquaculture. To ensure optimum development, health, and sustainability in the sector, fish farming, with its well-established practises and different species, needs specialised feeds.

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

Asia Pacific is expected to have the fastest growing rate during the forecast period.

The aquafeed market is expanding in the Asia Pacific region because of reasons like a growing population, rising seafood demand, favourable environmental conditions for aquaculture, technical improvements, and government backing. The expansion of the aquaculture sector is being fuelled by economic growth, shifting dietary tastes, and the need for sustainable protein sources, which is causing a commensurate rise in demand for aquafeed products.

Biological Seed Treatment Market: Growth Opportunities and Recent Developments

The biological seed treatment market is projected to reach USD 1.7 billion by 2025, and it was valued at USD 0.9 billion in 2020. It is expected to grow with CAGR of 11.9%. 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.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162422288

Driver: Environmental concerns associated with chemical seed treatment

The demand for biological seed treatment has significantly increased as a result of high awareness of their potential and the growing attention to the environmental and health risks associated with conventional chemicals. Chemical seed treatments are detrimental to the environment and pose a serious risk to pollinators. The neonicotinoid class of insecticides is considered highly toxic to honeybees. Microorganisms employed as active substances in pest management are recognized as generally safe for the environment and non-target species, in comparison with synthetic chemicals.

Challenges: Inconsistent performance and incompatibility with certain pesticides

The features of biological seed treatments that have discouraged investment are their inconsistent results. The most common problems encountered during the usage of such products include desiccation and environmental conditions that discourage their growth. Successful inoculants with one crop may not work as effectively with another crop. For instance, Trichoderma is more effective for the increase in yield in tomatoes than cucumbers. Choosing just one or two microbes is not as effective as loading with an entire community. However, effectiveness can sometimes be increased by a combination of microbes, with various growth requirements. For instance, fungi can be combined with PGPR.

Fastest-growing segment by function: Seed protection segment

On the basis of function, the global market has broadly been segmented into seed enhancement and seed protection. Biological seed treatments aimed at seed protection provide targeted control of certain pests and fungal diseases during the early seedling stage. Biological seed treatments are used on multiple crops to control a variety of pests. It ensures uniform stand establishment through defense against numerous soil-borne pathogens and insects.

Request Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=162422288

North America region’s increasing preference for high quality produce

The increasing agricultural practices and requirement of high-quality agricultural produce are factors that are projected to drive the biological seed treatment market growth in this region. The government policies adopted by developed countries for the ban on key active ingredients are the major factors encouraging the growth of this market in North America region. Hence, North America is projected to be the fastest-growing region in the global market. R&D investments for the development of biological seed treatment and installation of new production capacities by key players are projected to drive the market growth in the next five years.

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), Plant Health Care (US), Precision Laboratories (US), Koppert Biological Systems (Netherlands), and Italpollina (Italy)

Cheese Powder Market to See Major Growth by 2028

According to a research report "Cheese Powder Market by Type (Cheddar, Mozzarella, American Cheese, Blue Cheese, Parmesan), Application (Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips, and Condiments, Ready Meals), Origin and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for cheese powder was valued at USD 630 million in 2023 and is projected to reach USD 895 million by 2028, at a CAGR of 7.3 % during the forecast period. The increasing demand for convenience foods is one of the major drivers of the cheese powder market. The major industrial users of cheese powders include producers of snacks, soups, sauces, frozen products, and ready-to-eat meals. Snacks is the major application of cheese powder due to its easy handling and longer shelf life. Its use in dry snacks has been largely contributing to the growth of the market.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103908380

Cheddar cheese powder in by type segment accounted for the largest share of the cheese powder in 2023 in terms of value.

Cheddar is one of the most popular and widely consumed cheese varieties, and its trends often reflect broader developments in the cheese powder industry. Cheddar is a relatively hard natural cheese and is off-white in color. It is the most widely used type of cheese for the manufacturing of cheese powders. Cheddar cheese powder has low calorie, saturated fat, salt, and cholesterol content. This has led to an increase in demand for cheddar cheese powder in North America owing to the rising health-consciousness among people. Moreover, consumers showing increased interest in high-quality, artisanal, and premium cheddar cheeses. These offerings often came from small-scale producers and were appreciated for their unique flavors and production methods.

Processed cheese powder in by origin segment accounted for the largest share of the cheese powder in 2023 in terms of value.

Processed cheese products are widely used in the foodservice industry, including quick-service restaurants and casual dining establishments, due to their convenience and ease of use in various menu items. Processed cheese was used as a key ingredient in snack products, such as cheese crackers and cheese snacks. The growth of the snack industry and the demand for savory, flavorful snacks were contributing to the processed cheese market. Moreover, processed cheese products are more cost-effective than natural cheeses, making them a budget-friendly option for both consumers and foodservice establishments.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=103908380

Ready meals in the application segment is estimated to grow at the highest in the cheese powder market.

Cheese powder is used in ready meals to add a specific cheese’s flavor to the meal or to enhance the existing flavor in it. With the growingly busy lifestyles of consumers, the popularity of ready meals is rising in developed countries such as the U.S., Germany, and the U.K., among others. This boosts the demand for cheese powder in ready meals across regions. Moreover, ready meal manufacturers are incorporating cheese powder from different cuisines to create fusion dishes that offered a blend of flavors. For example, cheese in Asian-inspired dishes or Mexican-style meals. Ready meals inspired by international cuisines are incorporating cheeses unique to those regions. This trend catered to consumers' growing interest in global flavors.

The North American region is expected to grow at a significant rate in the global cheese powder market.

The demand for cheese powder is expected to grow in the region owing to its widespread use as a key ingredient in snacks, ready meals, sauces, dips, dressings, and bakery products, among others. The presence of numerous fast food chains and the production of a wide variety of cheeses are expected to drive the growth of the North American cheese powder market.

The increased demand for convenience food products offers growth opportunities to cheese powder manufacturers. Moreover, there is a growing consumers interest in high-quality, artisanal, and specialty cheeses. Artisanal cheesemakers are gaining attention for their unique flavors, production methods, and localized offerings.

Major key players operating in the Cheese Powder are Land O'Lakes, Inc. (US), Kerry Group Plc (Ireland), Fonterra Co-operative Group Limited (New Zealand), ADM (US), Commercial Creamery Company (US).

Get 10% Free Customization on this Report: 
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=103908380

Gummy Supplements Market to Record Steady Growth by 2028

The gummy supplements marketis projected to reach USD 48.5 billion by 2028 growing at a CAGR of 14.5% from 2023 to 2028. An increase in diseases, disposable incomes, and awareness of fortified food products is driving the gummy supplements market. The chewy texture of gummies is a distinctive feature that appeals to individuals of all age groups, making them an attractive product for consumption. Gummies are a tasty and enjoyable delight to eat because of their appealing soft, spongy texture. Gummies are a simple and portable supplement option because they are frequently provided in small, sealed packets or containers. They are a well-liked option for time-pressed consumers searching for a quick and delectable treat because they are simple to transport and enjoy when traveling.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39376426

Based on type, the gummy supplements market is segmented into vitamin gummies, omega fatty acid gummies, collagen gummies, CBD gummies, and other types. Vitamin gummies have been so popular and have high demand as customers can select the precise vitamins and minerals, they require from a variety of vitamin gummy combinations. They come in multivitamin formulations as well as formulations for certain vitamins like Vitamin C, Vitamin D, etc.

By distribution channel, the online retail stores segment is anticipated to witness the fastest growth during the forecast period. More gummy supplements can be found on e-commerce platforms than at conventional retailers. Different brands, recipes, and flavors are available for consumers to compare and select from with ease. Customers may get gummy supplements whenever they want, regardless of store hours, thanks to the availability of online purchasing platforms around-the-clock. Consumers can readily compare prices from many merchants using e-commerce platforms, which may help in their search for the best offer.

By end user, the adults segment is projected to exhibit the fastest growth among all the other end users. According to the Health Survey for England 2021, 25.9% of adults in England are suffering from obesity and 37.9% of the population is under the overweight category. As gummy supplements such as fiber-containing gummies can help in weight management, the demand is likely to increase during the forecast period. To tap this growing market companies like Unilever (UK), Nestle (Switzerland), etc. have included fiber gummies in their product portfolio.

Based on region, North America is the leading region across all other regions for the gummy supplements market in 2023, with the US being the largest market in the region. According to the National Center for Health Statistics (NCHS) 2021, in the US, the prevalence of obesity was 41.9% from 2017 to March 2020. Gummies can be a great option for consumers who are looking for weight management. This will boost the demand for gummy supplements in the US. Not only obesity, but Americans are also suffering from various vitamin deficiencies, all these factors will drive the gummy supplements market.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=39376426

The key players in the gummy supplements market include GSK Pplc (UK), Haleon Group of Companies (UK), Church Dwight Co., Inc. (US), Amway (US), Bayer AG (Germany), Nestle (Switzerland), Unilever (UK), and Otsuka Pharmaceutical Co., Ltd. (Japan). The key strategies the leading market players adopted include new product launches, mergers, partnerships, and expansions. For instance, in November 2020, Unilever acquired Smartypants a U.S.‐based Vitamin, Mineral Supplement company.

Probiotics in Animal Feed Market Will Hit Big Revenues In Future

According to MarketsandMarkets, the probiotics in animal feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. Owing to the increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America.

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

Challenge: High popularity of other feed additives

With the rise in animal health awareness and livestock production globally, the demand for feed products enriched with various feed additives is on the rise. Previously known and well-commercialized feed additives such as amino acids, phosphates, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, antibiotics, antioxidants, and vitamins, and mineral premixes are also tapping the feed market opportunities. These feed additives also aid in nutritional deficiency, growth, digestion, flavor enhancement and feed efficiency. These alternative feed additives have also received fair benefits from the high livestock products demand.

Probiotics in Animal Feed Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of probiotics in animal feed. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market include ADM (US), Chr. Hansen Holding A/S (Denmark), Evonik Industries AG (Germany), Land O’Lakes Inc. (US), DSM (US), and Novozymes (Denmark).

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=85832335

Increased prevalence of disease outbreaks to augment the market growth

Unsafe and adulterated feed ingredients reduce the immunity of animals, thereby causing productivity loss by affecting the quality of animal products. The increased prevalence of disease outbreaks has encouraged livestock farmers to purchase superior-quality feed products with additives. Safety and quality of products have always been a high priority for customers, as disease outbreaks can affect the production, trade, and consumption of livestock products, such as dairy products, meat, egg, and other by-products. Furthermore, regions affected by such outbreaks are banned from exporting products for a prolonged period until completely quarantined and controlled. In the recent past, the Asia Pacific region experienced outbreaks of SARA-CoV-2 virus (2019), H5N1 influenza virus (2014) and foot-and-mouth disease (2011), which impacted trade, and livestock producers incurred heavy losses due to increased awareness about animal welfare.

Get 10% free customization on this report:

https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=85832335

Asia Pacific is expected to dominate the market during the forecast period

Countries such as China, India, Japan, Australia & New Zealand, and rest of the Asia Pacific have been considered in this study. Some of the factors for the high demand of the market in Asia Pacific region includes growing population, rise in disposable incomes, and rapid urbanization. Increasing demand for meat and animal products among the growing population of the Asia Pacific region along with the rising affluence in the region resulted in high consumption of meat products. This has also resulted in intensified livestock production for meat, which in turn drives the need for improved animal health and performance.

The growth of the meat industry in developing economies such as India and China, as well as the increased consumption of quality meat products, are primary drivers for the Asian market. Augmented concern over livestock diseases and outbreaks of infections has further highlighted the importance of animal health and wellness to ensure the safety of end users. The advent of globalization and urbanization has caused a shift in consumer preferences, where consumers opt for nutritious, quality food products and like to experiment with food choices. These factors are expected to continue in the coming years, driving demand the for probiotics in animal feed market.

Latest Regulatory Trends Impacting the Crop Protection Chemicals Market

The global crop protection chemicals market on financial terms was estimated to be worth $63.7 billion in 2020 and is poised to reach $74.1 billion by 2025, growing at a CAGR of 3.1% from 2020 to 2025. The crop protection chemicals market is experiencing significant growth, driven by the rising global population and demand for higher crop yields. With a diverse range of products including herbicides, insecticides, and fungicides, the market is expected to continue its upward trajectory, providing opportunities for industry players to innovate and excel. As the demand for reliable and innovative crop protection solutions intensifies, stakeholders in this market will have ample opportunities to leverage emerging technologies and address the evolving needs of farmers and consumers alike.

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

The herbicides segment of the Crop protection chemicals is projected to account for the largest share, by type

Herbicides are substances that kill or inhibit growth of unwanted plants (weeds). They 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. Use of herbicides in agroecosystems may change composition of weed populations. In wildlands, herbicides may increase the diversity of native species. Threats to plant biodiversity caused by habitat loss and invasive species are far greater than threats by use of herbicides. Some non-selective pesticides are used in weed waste grounds, industrial sites, railways, and railway embankments. Herbicides are heavily consumed in the agricultural sector and in landscape turf management.

The market for the liquid segment is projected to account for the largest share during the forecast period, by form

By form, liquid is the segment which accounted for the highest market share as well as the highest growth rate in the Crop protection chemicals. The growing requirement of liquid forms of crop protection chemical products, mainly in the foliar spray and seed treatment modes of application, is driving the market for liquid forms of crop protection chemicals. They are also cheaper than solid formulations and are easily mixed with any other crop enhancer or protecting product, increasing the demand for the same.

Liquid pesticides include suspensions (flowable solutions), solutions, emulsifiable concentrates, microencapsulated suspensions, and aerosols. 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.

Request Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=380

Asia Pacific is the fastest-growing market during the forecast period in the global Crop protection chemicals

The key markets in the Asia Pacific region include China, India, Japan, and the Rest of Asia Pacific. The Asia-Pacific, a region where agricultural systems and technologies vary from one country to another, consists of about 40%, that is, 600 million hectares of the global crop area. Rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of the Asia-Pacific region.

The increasing awareness about pesticides and continuous technological advancements are factors contributing to the growth of this market. In addition to this, the growing demand for crops and rising cultivation in the countries of Asia-Pacific have forced agribusiness companies to expand their supplier and manufacturing base in the region.

Latest Regulatory Trends Impacting the 3D Food Printing Market

The global 3D food printing market size was reasonably estimated to be approximately $201 million in 2022 and is poised to generate revenue over $1,941 million by 2027, growing at a CAGR of 57.3% from 2022 to 2027. The global market is highly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex food products of different shapes and sizes, thereby focusing on catering to the increasing demand from the processed food industry and consumers.Development of new machinery and enhancement of the existing ones are the key strategies adopted by many players in the market. In addition, increasing focus on the expansion of facilities, marketing schemes, and information exchange programs to create awareness and enhance the applications of 3D food printer is projected to contribute to the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267692011

Drivers: Bourgeoning demand for gourmet food

3D food printing provides the ability to personalize food according to individual needs. The increasing market for customized food is a major reason for the growth of the 3D food printing market. The advancement in technology has made people busier with their work, and they often fail to experience their favorite food due to the shortage of time. This gives rise to the market for customized food; however, the customized food items need to be mixed with appropriate preservatives to keep them fresh. Frequent consumption of preservatives is not good for health in the long run. Thus, 3D food printing technology provides an option to have homemade freshly cooked food for the users.

The 3D food printer can print food in different complex designs, which is not possible manually. A 3D food printer comprises a food-grade syringe or cartridge that holds material, a real food item, and deposits exact fractional layers through a food-grade nozzle directly onto a plate or other surface in a layer-by-layer additive manner. This food can be a source of a healthy diet for children and adults who want to indulge in food such as chocolate, pizza, and pancakes in unique shapes and designs.

The commercial segment is estimated to account for the largest share in the global market in 2021

By vertical, the commercial segment is estimated to account for the largest share in the market in 2022. Commercial segment is estimated to witness growth due to major demand of 3D printed food can be served through baking industry, restaurants, confectionaries and retail store. The companies are working on their products to make them more efficient so that they would be able to provide more options for customized food to the customers. For a instance, BeeHex, the company manufacturing the 3D pizza printers, has demonstrated the use of their Chef3D food printer to print pizzas in various shapes. Thus, the ability of 3D food printers to print food in complex designs to provide customized food would drive the market for 3D food printers in coming years with the developments in technology.

Request for Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=267692011

The Asia Pacific market is projected to grow at the highest CAGR during the forecast period

The market in Asia Pacific is projected to grow at the highest rate with the reducing cost of the technology in the coming year. Countries such as China, South Korea, and Japan are working actively in the 3D food printing market, signifying the promising future for 3D food printing technology in the coming years

Key players in this market include 3D systems (US), TNO (Netherlands), NATURAL MACHINES (Spain), Choc edge (UK), Systems Materials Research Corporation (US), byFlow B.V. (Netherlands), beehex (US), CandyFab (US), ZMORPH S.A (Poland).