Biofertilizers Market to Witness Unprecedented Growth in Coming Years

 The global biofertilizers market was valued at 2.8 billion in 2022 and is projected to reach 5.2 billion by 2028, growing at a CAGR of 10.9% during the study period. The market is estimated to be valued at USD 3.1 billion in 2023. 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.

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By crop type, fruits & vegetables is forecasted to account for the largest share in the market during the research period

Biofertilizers are known to increase crop productivity of various fruits & vegetables.  Fruits such as bananas have a substantial nitrogen requirement, hence the use of biofertilizer, in particular inoculation with Azotobacter, is utilzsed as an alternative and results in a higher yield than full doses of nitrogen administration. In correlation with VAM fungus, there is a rise in the absorption of nutrients that are mobile, such as nitrogen. Organic farming produces high-quality vegetables, thus more farmers are expected to adopt and use microbial biofertilizers in order for modern agriculture to grow sustainably.

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.

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

Animal Disinfectants Market Industry Analysis, Trends, and Revenue Forecast - 2028

 The global animal disinfectants market is projected to reach USD 4.9 billion by 2028 from USD 3.4 billion by 2023, at a CAGR of 7.7% during the forecast period in terms of value. The animal disinfectants market has experienced substantial growth in recent years, driven by numerous factors. Increasing concerns regarding animal health and welfare, coupled with the rising demand for safe and high-quality animal products, have propelled the adoption of effective measures in the livestock industry. This measure includes the use of disinfectants as a vital remedy for the well-being of animals. Disease outbreaks, both in developed and developing economies have highlighted the need for robust disinfection protocols to prevent the spread of pathogens. Additionally, technological advancements and research investments have also contributed to the development of innovative and more efficient disinfection solutions. As the global demand for animal protein continuous to rise and awareness of biosecurity practices increases, the animal disinfectants market is expected to witness sustained growth in the foreseeable future.

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By application, the dairy cleaning segment is projected to dominate the market during the forecast period.

The cleaning of dairy cattle involves removing equipment and bedding before cleaning. The nature of the surfaces will influence the disinfection process. Rough and porous surfaces are difficult to disinfect in comparison to smooth surfaces. Both the milking parlor and milk toxin-producing machines must be cleaned daily. The milking machines, including the teat dips and milk tongs, are among the major sources of infection and can have an adverse impact on the health of the livestock. Therefore, these disinfectants can be applied to various areas, including milking parlors, holding pens, feeding areas, equipment like milking machines and others to thoroughly sanitize and eliminate the potential sources of contamination. Also, the regular utilization of animal disinfectants in dairy cleansing helps to create a healthier and more productive environment for both animals and dairy workers, thereby promoting the overall well-being and efficiency of the dairy operation.

Europe is expected to lead the animal disinfectants market with the highest market value during the forecast period.

Europe is one of the leading per capita consumers of chemicals and is a key market for animal disinfectants. There has been a significant utilization of animal disinfectants for farm animals in the region to reduce animal diseases. Regulatory requirements and standards regarding animal health and welfare are becoming more stringent in Europe. Compliance with these regulations necessitates the use of effective disinfection protocols. As a result, farmers and animal care facilities are seeking reliable and approved animal disinfectants to ensure they meet the required hygiene standards. This has contributed to the rising demand for such products in the European market. The region also has a significant livestock population that includes poultry, cattle, swine, and others. The concentration of livestock in the region, both in terms of commercial farming and smaller-scale operations, creates a substantial market for animal disinfectants to preserve the health and hygiene of the animals.

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The key players of the market include Neogen Corporation (US), GEA Group (Germany), Lanxess (Germany), Zoetis (US), Solvay Group (Belgium), Kersia Group (France), Stockmeier Group (Germany), Ecolab (US), Albert Kerbel GMBH (Germany), PCC Group (Germany), G Sheperdanimal Health (UK), Sanosil Ag (Switzerland), Delaval Inc (Sweden), Diversey Holdings Ltd (US), Fink Tech Gmbh (Germany). These companies have been focusing on expanding their market presence, enhancing their solutions, and partnering with many channel partners to cater to consumers across the globe. The deep roots of these players in the market and their robust offerings are among the major factors that have helped them achieve major sales and revenues in the global animal disinfectants market.

Agricultural Testing Market Size, Share, Growth, Trends and Industry Forecast

The agricultural testing market is projected to reach USD 9.8 billion by 2028 from USD 6.7 billion by 2023, at a CAGR of 7.1% during the forecast period in terms of value. The demand for agricultural testing is increasing due to several factors. Concerns about food safety and public health drive the need for testing to identify contaminants and ensure the safety of agricultural products. Quality assurance is another driver, as testing helps determine nutrient content, maturity, and genetic modifications to meet market requirements. Environmental concerns prompt testing to assess soil health and detect contamination. Testing also aids in optimizing crop yields by identifying nutrient deficiencies and managing pests. International trade requires testing to comply with regulations, while advancements in technology make testing more efficient and accessible. These factors collectively contribute to the rising demand for agricultural testing.

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By application, safety testing is projected to have fastest growing rate during the forecast period.

products are subject to various national and international regulations, standards, and guidelines. Safety testing is necessary to comply with these regulations and ensure that products meet the specified safety criteria. Non-compliance can result in product recalls, legal consequences, damage to reputation, and loss of market access. By conducting safety testing, agricultural businesses can demonstrate their commitment to meeting regulatory requirements and providing safe products to consumers. Also, agricultural products are often traded internationally, and different countries have specific safety standards and import regulations. Exporting agricultural products requires compliance with the safety requirements of the destination market. Safety testing is necessary to ensure that products meet these standards and avoid potential trade barriers or rejections. Exporters must provide evidence of safety testing to demonstrate the suitability of their products for international markets.

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

The Asia-Pacific region is home to a significant portion of the global population, including countries like China and India, which have the world's largest populations. This densely populated region requires extensive agricultural production to meet the growing food demand. As a result, there is a greater need for agricultural testing to ensure the safety, quality, and productivity of agricultural products. The Asia-Pacific region has experienced rapid industrialization and urbanization, leading to increased pollution and pressure on agricultural lands. This has raised concerns about the impact of industrial activities and urban expansion on agricultural productivity and safety. Agricultural testing helps identify and mitigate potential contamination risks, ensuring the safety and sustainability of agricultural practices in the face of urban development.

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The key players in this market include SGS (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), ALS Limited (Australia), TUV Nord Group (Germany), Merieux (US), AsureQuality (New Zealand), RJ Hill Laboratories Limited (New Zealand), SCS Global (US), Agrifood Technology (Australia), APAL Agricultural Laboratory (Australia), Agvise Laboratories (US), LGC Limited (UK), and Water Agricultural Laboratories (US). These players have adopted various growth strategies such as collaborations and acquisitions to increase their global market presence.

Modified Starch Market Growth by Emerging Trends, Analysis, & Forecast

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. Modified starches are manufactured from native starches. Various processing methods, such as physical, enzymatic, wet and dry chemical processes, drum drying, and extrusion, are used to produce different types of modified starch products. These processes are used to change the properties of native starch, such as its freeze-thaw stability, acid or alkali resistance, and shear stability, to meet industrial requirements. Modified starches are used for functions such as thickening, stabilizing, binding, and emulsification. Apart from food products, it is also used in a wide range of non-food applications and in the animal feed industry.

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Cassava is the fastest-growing raw material segment in the global modified starch market

Cassava is one of the world’s major starch crops. It has a long, tuberous starchy root that finds its place as an essential ingredient in many Latin American and Caribbean cuisines. Cassava is a widely grown tuber in most African and Asian countries, and it is also the most economical source of starch at a global level. It was, hence, prudent that, in the wake of the forecasted shortage of corn and wheat as sources of starch, cassava (tapioca) starch would gain attention. Tapioca is the starch extracted from the storage roots of the cassava plant. The similarity of the functional properties of tapioca and corn starch has added to their advantages.

Modified tapioca starch is extensively used in a range of applications, such as food & beverages, paper, mosquito coils, textiles, chemicals, construction, adhesives, and pharmaceuticals. It also has a bland taste and is thus an ideal ingredient for food and feed applications. As Asia is the center for the production and consumption trends for the global modified starch market, cassava starch in Asia is estimated to be the key driver in the future, with a prime focus on convenience foods in China and India.

Industrial application were the second-largest segment in the modified starch market and anticipated to witness decent growth rate over the forecast period

Starch has a wide range of commercial and industrial applications. Modified starch products find applications in the paper & paper cone industries, the glue and adhesive industries, sand binding manufacturing, pharmaceuticals and cosmetics, detergent manufacturing, and several other related industries. The construction industry requires special acid-modified starches to work as protective colloids to increase the strength of wallboards. Starch blends may be used as adhesives for the edges of wallboards. The range of industrial applications for modified starch is gradually increasing globally. Asian countries with rising income levels and industrialization are increasingly using modified starches for these non-food applications, in addition to the existing food applications.

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Asia Pacific is the largest and fastest-growing region in the modified starch market and anticipated to maintain its dominance over the forecast period

The modified starch market in the Asia-Pacific region is the largest. The market is estimated to grow at a significant rate, owing to the rising demand in large economies such as China, India, Japan, and other Southeast Asian countries. The industrial organization and technology of starch processing are changing rapidly in the region. Unlike other regions where starch is processed almost entirely by large companies, in Asia Pacific, starch processing is done by small and medium-sized firms. Historically, native starch has been largely used for food products in the region. The industrial applications and technologies involved in starch processing are changing rapidly in the Asia Pacific countries. Modified starch is increasingly being demanded by many industries in the region. Various industries are incorporating modified starches in their manufacturing processes and products.

The key players in this market include ADM (US), Cargill (US), Ingredion (US), Tate & Lyle (UK), Roquette Frères (France), Avebe U.A. (Netherlands), Grain Processing Corporation (US), Emsland (Germany), AGRANA (Austria), SMS Corporation (Thailand), Global Bio-Chem Technology Group (Hong Kong), SPAC Starch (India), Qindao CBH Company (China), Tereos (France), and KMC (Denmark).

Latest Innovation in Global Dietary Supplements Market 2028

The dietary supplements market is projected to reach USD 239.4 billion by 2028 from USD 167.5 billion by 2023, at a CAGR of 7.4% during the forecast period in terms of value. The demand for dietary supplements is driven by increasing consumer awareness of health and wellness, preventive healthcare, the aging population, and rising chronic diseases. The convenience of online purchasing and product availability further fuel market growth. For instance, in the United States, dietary supplement consumption is high due to a health-conscious population, a proactive approach to wellness, and a robust regulatory framework ensuring safety and quality standards.

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Based on Type, Botanicals is anticipated to grow at a significant CAGR the market

Plant-based dietary supplements are derived from botanical sources such as herbs, fruits, vegetables, and other plant materials, offering natural health-promoting compounds for supplementation purposes. The increasing awareness of plant-based dietary supplement benefits, combined with a growing interest in plant-based lifestyles, has led to the popularity of botanical supplements among North American consumers. The demand for dietary supplements in the United States is being driven by increasing health consciousness, a desire for preventive healthcare, and the convenience of dietary supplements in bridging nutritional gaps in the diet.

Based on mode of application, soft gel segments is projected to grow at the fastest rate during the forecast period.

Due to their ease of consumption, especially for individuals with swallowing difficulties. Their gel-like texture and easy-to-swallow nature make them a preferred choice. Soft gels offer enhanced bioavailability, with advanced formulations that improve nutrient absorption. They can be customized to include a wide range of ingredients, providing flexibility for specialized products. The visually appealing and professional appearance of soft gels, along with their ability to mask unpleasant tastes and odors, contribute to their popularity. Moreover, the gelatin-based shell of soft gels extends the shelf life of enclosed ingredients. These factors drive the growth of soft gels in the dietary supplements market.

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North America holds the highest market share during the forecast period.

North American nutrition and supplements hold the largest market share and are expected to expand further. The North American population has become more aware of health and has adopted dietary supplements as a part of their daily diet regime to have overall health and weight benefits. The population in the region is more prone to lifestyle disorders like diabetes, obesity, and high blood pressure due to an improper diet. The region is more inclined towards consuming junk and processed foods that are devoid of nutrition, which give rise to health disorders. Additionally, the trend toward consuming vegan and less processed food is leading to an increased intake of dietary supplements to tackle nutritional deficiencies. Additionally, South Africa seems to be a potential market in terms of production and consumption of dietary supplements. The general trend of malnutrition and other nutritional deficiencies is seen in the population in the South African region. Together, it drives the overall dietary supplements market.

Key players in this market include Nestle (Switzerland), Abbott (US), Amway Corp (US), Pfizer Inc. (US), ADM (US), International Flavors & Fragrance (US), Otsuka Holdings Co., Ltd (Japan), Glanbia PLC (Ireland), GSK PLC. (UK), Bayer AG (Germany), Herbalife International of America, Inc. (US), Nature's Sunshine Products, Inc (US), Bionova (Canada), ArkoPharma (France), American Health (US), Pure Encapsulation (US), H&H Group (Hong Kong), Nu Skin (US), Power Gummies (India), Biomedical Research Laboratories (US), HealthKart (India), NutriScience Corporation (US), Nature's Essentials (US), and Life Extension (US) These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their global market presence.

Latest Regulatory Trends Impacting the Agriculture Adjuvants Market

The agriculture adjuvants market is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028, growing at a CAGR of 4.7% during the forecast period. The agricultural adjuvants industry is growing because of the growing demand for sustainable pest management of farming operations. Additionally, the increased focus on food security is projected to fuel the development of agricultural adjuvants.

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The cereals & grains crop type segment held the largest market share in the agricultural adjuvants market in 2022

Agricultural adjuvants play an essential role in agriculture’s cereal and grain segments. According to FAO, in 2022/23, global cereal production stood at 2,786.6 million tons, with wheat contributing 800.9 million tons and rice 516.9 million tons of production. With the growing production and demand for cereals & grains, the utilization of agricultural adjuvants is growing. Celeral & grains are consumed as staple foods in most countries worldwide, and protecting these crops from weather, pests, and weeds requires agricultural adjuvants. This is increasing the demand for agricultural adjuvants in cereals & grains.

Tank-mix adjuvants are in the fastest-growing adoption stage in the agricultural adjuvants market.

Adjuvants are added separately to the spray tank, and pesticides or herbicides are known as tank-mix adjuvants. Tank-mix adjuvant ensures high performance, drift reduction, improved spray coverage, and increased absorption into the target crops. Farmers are increasingly using tank-mix agricultural adjuvants as they can customize and adjust on a case-to-case basis. Customization ensures desired performance characteristics while treating the targeted pest or weed; hence, the demand has been accelerating.

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The North American market is projected to contribute the largest share of the agricultural adjuvants market.

The demand for agriculture adjuvants in North America is experiencing notable growth due to the increasing use of precision farming in the region. This creates a favorable business environment for adjuvants manufacturers and consumers in the region. North America has the presence of major agricultural adjuvants companies, that offer a wide range of products catering to different crop types and application requirements.

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), WILBUR-ELLIS AGRIBUSINESS (US), Precision Laboratories, LLC (US), and CHS Inc. (US).

Frozen Foods Market to Showcase Continued Growth in the Coming Years

At a CAGR of 5.1%, the global frozen foods market is projected to have grown from USD 284.2 billion in 2023 to USD 363.7 billion by 2028. One of the primary advantages is their longer shelf life compared to fresh alternatives. This quality significantly reduces food waste, a growing concern globally. Consumers can confidently stock up on frozen foods, knowing they won't spoil quickly, aligning with sustainability goals.

The proliferation of e-commerce has further propelled the frozen foods market. Online shopping platforms offer unparalleled convenience, allowing consumers to access and order frozen foods with ease. This digital accessibility has broadened the market's reach and made it simpler for individuals to incorporate frozen food products into their meal plans. Globalization plays a pivotal role as well, with an extensive range of international cuisines available in frozen form. Consumers can now enjoy a diverse culinary experience from the comfort of their homes, adding excitement and variety to their diets.

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Opportunities: Rising disposable incomes in emerging economies, driving frozen foods segment

The expanding trade of processed foods presents a significant opportunity within the frozen foods market. As global trade networks continue to grow, the frozen foods industry stands to benefit in several ways. Firstly, increased international trade facilitates the exchange of a wide variety of processed foods, including frozen options. This enables consumers to access a diverse range of products from around the world, expanding their culinary horizons. Secondly, globalization supports the import and export of frozen food ingredients, allowing for cost-effective sourcing of raw materials. This can lead to more competitive pricing and increased profitability for frozen food manufacturers. Moreover, international trade encourages innovation and the development of new frozen food products to meet the tastes and preferences of different regions. This diversity in offerings can attract a broader consumer base and drive market growth.

Challenges: Lack of Cold Chain Infrastructure in Developing Countries

The lack of adequate cold chain infrastructure in developing countries poses a formidable challenge to the frozen foods market. Cold chain infrastructure, which includes temperature-controlled storage, transportation, and distribution facilities, is essential for maintaining the quality and safety of frozen food products. In many developing nations, such as South Africa and Kenya, these critical components of the supply chain are underdeveloped or insufficient. This deficiency hampers the frozen foods market in multiple ways. It can lead to temperature fluctuations during transportation and storage, resulting in quality degradation and potential food safety risks. Moreover, the limited cold chain infrastructure restricts the availability of frozen products in remote and underserved areas, limiting market penetration and growth potential.

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Europe Holds the Largest Share of the Frozen Foods Market

Europe is a major hub for frozen vegetable consumption, driven by busy lifestyles and a growing demand for affordable, nutritious, and convenient food options. Rising incomes and changing dietary preferences are propelling this market, with consumers shifting towards plant-based diets. Key opportunities for vegetable suppliers are found in countries like Germany, France, Belgium, Italy, and the Netherlands. Public awareness of the superior nutritional value of frozen vegetables over fresh and refrigerated ones is boosting demand, especially among younger generations.