Friday, September 25, 2020

Factors Driving the Biofortification Market

 The report Biofortification Market by Crop (Sweet Potato, Cassava, Rice, Corn, Wheat, Beans, and Pearl Millet), Target Nutrient (Zinc, Iron, and Vitamins), and Region (Latin America, Africa, and Asia Pacific) – Global Forecast to 2023 “, is estimated at USD 78 million in 2018, and it is projected to grow at a CAGR of 8.6% from 2018 to reach USD 118 million by 2023. Biofortified crops are usually sweet potato, cassava, rice, corn, wheat, beans, pearl millet, and other crops such as tomato, banana, sorghum, and barley. The growth of the biofortification market is driven by the rising demand for high nutritional content in food.



By crop, the biofortified sweet potato is projected to dominate the biofortification market during the forecast period.
The sweet potato segment is estimated to hold the largest share of the biofortified crop market in 2018. The demand for biofortified crops such as sweet potato and cassava has increased with the rising technological advancements to increase the nutrient content, particularly in orange-fleshed sweet potato (OFSP). Sweet potato has been an important source of energy in the human diet for centuries owing to its high carbohydrate content. However, its vitamin A content from carotene only became recognized over the past century. Using biofortification, sweet potato breeding in Africa is focused on higher yields, sweeter taste, and higher dry matter, which increase its carotene concentration.

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By target nutrient, the vitamins segment is projected to be the fastest-growing segment in the biofortification market during the forecast period.

On the basis of target nutrient, the biofortification market is segmented into iron, zinc, vitamins, and others. The vitamins segment is the fastest-growing target nutrient in the biofortification market from 2018 to 2023. The demand for biofortified crops is increasing due to the increasing demand for high nutrient content in food. The rising demand for vitamins as feed additives or in premixes from the animal nutrition industry and the increasing demand for high-quality meat products have also been essential factors responsible for the increase in the demand for vitamins across the world.

Asia Pacific to be the dominant region in the biofortification market in 2018

The Asia Pacific is the dominant region in the biofortification market. Biofortification of crops has strong growth potential in agriculture, and it also improves the nutrition content in food. The biofortification market has grown considerably over the last five years, and this trend is expected to continue in the near future. The growing consumer demand for high nutritional content in food is projected to fuel the demand for biofortified crops, globally. Since the last decade, many countries in the Asia Pacific region have banned the usage of GM technology, and the researchers are opting to adopt biofortified crops as a key to unlock the region’s food production.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the biofortification market. It also includes the profiles of leading companies such as Bayer (Germany), Syngenta (Switzerland), Monsanto (US), and DowDuPont (US).

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Key Questions Addressed by the Report:


  • What are the new target nutrients areas, which the biofortification companies are exploring?
  • Which are the key players in the market and how intense is the competition?
  • What kind of competitors and stakeholders such as biofortification companies, would be interested in this market? What will be their go-to strategy for this market and which emerging market will be of significant interest?
  • How are the current R&D activities and M&As for biofortified crop industry projected to create a disruptive environment in the coming years for the agricultural sector?
  • What will be the level of impact on the revenues of stakeholders through the benefits of nanotechnology to different stakeholders‒‒from rising farmer revenue to environmental regulatory compliance to sustainable profits for the suppliers?

Feed Packaging Market to Showcase Continued Growth in the Coming Years

The feed packaging market is further bifurcated into pet food and livestock feed packaging. The market for feed packaging is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This is attributed to the feeding of traditional dry farms leftover to the livestock in the developing regions. However, with the growing demand for quality livestock products and the increasing production of feed and feed additives, this market is expected to grow at a higher rate in the coming years.



Report Objectives:

  • Determining and projecting the size of the feed packaging market with respect to livestock, pet, type, material, feed type, and regional markets, over a five-year period ranging from 2018 to 2023
  • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • Analyzing the micro-markets with respect to individual growth trends, future prospects, and their contribution to the total market
  • Identifying and profiling key market players in the livestock feed and pet food packaging markets

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The plastic segment is projected to grow at the highest CAGR in the global feed packaging market during the forecast period.

The feed packaging (for pets) market has been segmented, on the basis of material, into 4major categories: plastic, paper & paperboards, metals, and others. The market for plastics is driven by advancements such as usage of decomposable and biodegradable plastic in plastic packaging and the growing demand for attractive and see-through packaging for pet food.

The feed packaging (for livestock) market has been segmented, on the basis of material, into 4 major categories: plastic, paper, jute, and others. Plastic packaging is relatively affordable, reusable, convenient, and prevents feed from spoilage. Furthermore, plastic is durable, tensile, and can take any shape or size. It is the most appropriate form of material and helps to retain shelf life extension of feed without degrading its texture and taste.

The plastic segment, by material, is projected to grow at the highest rate during the forecast period.

The plastic is among the most used material in the feed packaging market for both pets and livestock. This is owing to the increasing demand for convenient packaging, online pet food shopping, the rise in consumption of single-serve pet food, growing consumption on compound feed along with wet feed additives. The flexible packaging type, wherein the plastic material is highly used, has been playing the major role in the feed packaging market. Further, advancements in the packaging industry-for instance, the usage of decomposable and biodegradable plastic materials and the adoption of recyclable and reusable packaging-are driving the growth of this market. Moreover, compared to other materials, plastic is more durable, tensile, and can take any shape or size. These factors have   boosted the growth of the feed packaging market.

The key markets such as the US have been witnessing an increase in the number of pet dogs. Similarly, in growing markets such as India, pet dog population has grown significantly in the last ten years and is further expected to grow in the coming five to six years. Additionally, pets are being treated as companions in the majority of households in the developed countries. This trend has also been growing in developing countries like Brazil, China, India, and Thailand. This has further stimulated pet owners to spend more on premium pet foods. Such positive trends in pet dog food demand are expected to drive the feed packaging market for dogs.

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North America is projected to hold the largest market share in the feed packaging (for pets) market during the forecast period.

North America is estimated to account for the largest share of the market in 2018. The region is considered the most advanced, in terms of pet adoption and packaging technology. The market for feed packaging (for pets) in this region is mainly driven by high pet ownership, premiumization, the proliferation of innovations, and the introduction of a variety of packaging types for pet food. Increasing demand for premium pet food with high nutritional value, along with pet food safety concerns among pet owners, has helped to improve the quality standards of packaging and labeling in the region, thereby propelling the market growth for pet food packaging.

Major vendors in the feed packaging market include LC Packaging (the Netherlands), El Dorado Packaging, Inc. (US), NPP Group Limited (Ireland), Plasteuropa Group (UK), NYP Corp. (US), ABC Packaging Direct (US), Shenzhen Longma Industrial Co., Limited (China), Amcor Limited (Australia), Mondi Group (Austria), ProAmpac (US), Sonoco Products Company (US), Winpak Ltd., (Canada), NNZ Group (the Netherlands), Constantia Flexible Group (Austria), and Huhtamäki Oyj (Finland).

Recent Developments:

  • In August 2018, ProAmpac was awarded a Level-2 Food Safety Management Certification by the Safe Quality Food (SQF) Institute for its facility in Auburn, Washington, US.
  • In June 2018, ProAmpac announced a launch of the no.2 Quadflex Pouch. This new pouch will provide synergies to its sustainable packaging solution for pet foods such as cereals and pet treats.
  • In January 2018, Huhtamaki expanded its paper bag manufacturing operations in Poland by establishing a joint venture with Smith Anderson Group Limited (UK). Smith Anderson Group Limited is one of Europe's leading paper bag suppliers.

Tuesday, September 22, 2020

Cheese Ingredients Market to Witness Unprecedented Growth in Coming Years

 The report Cheese Ingredients Market by Cheese Type (Natural (Cheddar, Parmesan, Mozzarella, Gouda), Processed), Ingredient (Milk (Fresh Milk, Powdered Milk, Milk Cream), Cultures, Enzymes (Rennet, Lipase), Additives), and Region – Global Forecast to 2022″, The global cheese ingredients market is projected to reach USD 102.14 Billion by 2022, in terms of value, at a CAGR of 3.24% from USD 87.08 Billion in 2017. The cheese ingredients market is emerging due to increase in demand for fast food and convenience food, growth in health concerns, and rapid urbanization. Use of cheese in ready-to-eat food and fast food is fueling the demand for cheese ingredients in North America and Europe.



The meteoric rise in the fast food industry impacted the demand for cheese ingredients.

The market is driven by increase in demand for cheese as a key ingredient in the fast food industry. Furthermore, factors such as rapid growth in the fast food industry are expected to increase the demand for cheese, subsequently increasing the demand for cheese ingredients. However, there are several restrictions on the levels of contents and their usage in the cheese making process imposed by various regulatory bodies, which act as a restraint for the market growth. Additionally, consumer shift toward the consumption of vegan food products is also expected to affect the market growth.


Abolition of milk quotas in the European Union to provide significant growth opportunities for cheese ingredient market.

The milk market in EU was regulated by the quota system that was legislated on 2 April 1984, under the Dairy Produce Quota Regulations 1984. Under this system, all the member states of EU were given national milk production quotas and any nation exceeding the limits was liable for a penalty known as ‘super levy’. There were five kinds of quotas: direct sales quota, wholesale quota, purchaser quota, purchaser special quota, and SLOM quota. Such a restriction on the production of milk in the EU had limited the quantity of milk that can be used as an ingredient by the cheese manufacturers. Reduced milk production has also resulted in loss to the European cheese exporters.

Abolition of the milk quotas on 31 March 2015 had outpaced the production and supply of milk in the European region. According to EUROPA, the abolition of milk quotas is expected to increase the milk production by ~5.0%, while lowering the farm milk prices by 10.3%. The cheese manufacturers can now procure the key raw material in higher quantities at a lower price. This provides great opportunity to the cheese manufacturers and farmers to increase their production and generate exports.

The natural cheese segment is projected to grow at the highest rate for the cheese ingredients market during the forecast period.

The global market, based on cheese type, has been segmented into natural cheese (which includes cheddar, parmesan, mozzarella, Gouda, Swiss, blue, ricotta, feta, Romano, and cottage) and processed cheese (which includes restricted-melt, standard-melt, and quick-melt). The natural cheese segment dominated this market in 2016 due to its popularity in the North American and European regions owing to the rise in health awareness among consumers. Furthermore, among the types of natural cheese, the demand for mozzarella cheese is expected to grow in North America owing to growing popularity of Italian dishes such as pizza. This, in turn, is expected to increase the demand for cheese ingredients.


Asia Pacific is estimated to be the most lucrative market for cheese ingredients

In 2017, Asia Pacific is estimated to hold a significant share in the global cheese ingredients market, and is also projected to grow at the highest CAGR during the forecast period. Rapid urbanization in countries such as India, China, Japan, and South Korea, upcoming food joints, and increase in the number of baking & dairy industries are the main factors contributing to the dominance and fast growth of the Asia Pacific region in the global cheese ingredients market. Australia & New Zealand dominated the Asia Pacific region, due to the high consumption of cheese ingredients baking and fat food industries. India is estimated to grow with the fastest CAGR in Asia Pacific region due to increasing urban population in the country.

This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Chr. Hansen Holding (Denmark), Fonterra (New Zealand), DuPont (US), DSM (The Netherlands), ADM (US), Arla Foods (Denmark), Dairy Farmers of America (US), Saputo Inc. (Canada), Almarai (Saudi Arabia), Alpura (Mexico), CSK Foods (Netherlands), and Sacco srl (Italy).

Latest Regulatory Trends Impacting the Rapid Test Market

 The report Rapid Test Market (Services) by Technology (PCR, Immunoassay, HPLC, GC-MS, LC-MS/MS), Contaminant (Pathogens, Meat speciation, GMO, Allergens, Pesticides, Mycotoxin, Heavy Metals), Food Tested (Processed, Crops), and Region – Global Forecast to 2022″, The rapid test market, in terms of value, was valued at USD 10.14 Billion in 2016. It is projected to reach USD 15.71 Billion by 2022, at a CAGR of 7.7% from 2017. The market is driven by factors such as an increase in the requirement for a rapid test results to enhance productivity, increase in product recalls due to stringent regulations, growing incidences of foodborne illness, and globalization of food trade. Growing consumer awareness for food safety and increasing involvement of government & non-government bodies to deliver safe food products to consumers provides new growth opportunities for market players.



The objectives of the study are:
  • To define, segment, and forecast the size of the rapid test market with respect to contaminant, technology, food tested, and region
  • To analyze the market structure by identifying various subsegments of the rapid test market
  • To forecast the size of the market and its various submarkets with respect to four main regions, namely, North America, Asia Pacific, Europe, and the Rest of the World (RoW)
  • To provide detailed information about crucial factors that are influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market share and core competencies
  • To analyze competitive developments such as expansions & investments, acquisitions, new product/service & technology launches, agreements, collaborations, and partnerships in the rapid test market

PCR-based segment projected to grow at the highest CAGR, by technology, from 2017 to 2022

PCR is the dominant rapid test technology applied in food testing; the market for the same is projected to grow at a significant rate in the next five years. The market for PCR-based technology in rapid test is growing due to the automated, faster, and accurate results with low level of detection.
Meat & seafood products segment projected to grow at the highest CAGR, by food tested, from 2017 to 2022

Meat & seafood products are tested by means of rapid test technologies for various contaminants. 

Meat speciation testing, in its different forms, is a routine practice conducted to safeguard consumer interest and health, especially against malpractices such as adulterations. This segment is expected to grow at a high rate primarily due to increasing stringency of regulations for meat products along with increasing cases of contaminated meat.


Significant growth for rapid test is observed in the Asia-Pacific region

The requirement for rapid test has grown in the region in recent years, owing to an increase in consumer awareness in the Asia-Pacific region regarding the safety of food products. The growth in this market is fueled by the economic development in countries such as China and India. Food safety procedure compliance in Europe (a major importer) is severe, and in order to hold the food trade, Chinese food producers have to comply with the food standards and regulations. China is a potential market for rapid test due to various factors such as unhygienic food practices, human negligence, regulatory violations, and fraudulent practices growing incidences of foodborne illness due to contaminated food.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. More than 240 developments were tracked for the 25 companies in the market. It includes the profiles of leading companies such as SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins (Luxembourg), and TUV SUD (Germany).

Monday, September 21, 2020

Latest Regulatory Trends Impacting the Blood Meal Market

The blood meal market is estimated to account for a value of USD 1.8 billion in 2019 and is projected to grow at a CAGR of 3.0% from 2019, to reach a value of USD 2.1 billion by 2025. The rise in disposable incomes, urbanization, and increased demand for animal proteins in the Asia Pacific countries is projected to drive the blood meal market in the coming years. In addition, increasing consumption of livestock products such as meat, eggs, and milk in the US, is projected to drive the blood meal market in North America.



The poultry feed segment is projected to be the largest revenue contributor in the blood meal market during the forecast period.

Poultry blood is one of the most preferred raw materials that is used for the production of blood meal. By source, the poultry feed segment is the largest segment in the global blood meal market, in terms of volume. Consumption of poultry blood is increasing in the emerging countries of the Asia Pacific and South America. This is projected to increase the number of animal slaughter in these regions, thus increasing the blood meal production in these regions.

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The porcine feed segment is projected to record the fastest growth during the forecast period.

Blood meal is high in crude protein and is commonly used as a protein source in diets for porcine. In growing pigs, blood meal partially replaces soybean meal in maize- and soybean-based diets. Feeding growing pigs with fermented blood meal, in combination with molasses, allows the same feed intake, growth, and feed conversion efficiency as soybean meal. Dried blood meal is commonly used as a high-quality protein source in nursery pig diets. Thus, the porcine feed segment in the blood meal market is projected to record the fastest growth during the forecast period.

The expansion of the feed industry due to the rise in population is projected to drive the blood meal market in Asia Pacific

The Asia Pacific blood meal market is driven by the increase in disposable incomes, rise in urbanization, and expansion of the feed industry. The Asia Pacific region witnesses the presence of major revenue generating countries such as China and Vietnam. These countries witness high consumption of meat products such as pork and are ranked among the largest producers of feed at a global level. These factors are projected to drive the blood mal market in the coming years in the region.

Key players identified in this market include Darling Ingredients Inc (US), Terramar (Chile), Valley proteins Inc. (US), West Coast Reduction Ltd. (US), and Allana Group (India). These companies have a strong presence in North America and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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Key questions addressed by the report:
  • What are the new application areas for blood meal that companies are exploring?
  • Which are the key players in the blood meal market and how intense is the competition?
  • What kind of competitors and stakeholders such as blood meal companies, would be interested in this market? What will be their go-to-market strategy for this market, and which emerging market will be of significant interest?
  • How are the current R&D activities and M&A’s in the blood meal market projected to create a disrupting environment in the coming years?
  • What will be the level of impact on the revenues of stakeholders due to the benefits of blood meal to different stakeholders‒‒from rising revenue, environmental regulatory compliance, to sustainable profits for the suppliers?

Pest Control Market to Showcase Continued Growth in the Coming Years

 MarketsandMarkets forecasts the pest control market to grow from USD 20.5 billion in 2019 to USD 27.5 billion by 2025, at a CAGR of 5% during the forecast period. The market is primarily driven by chemical pest control techniques due to the high demand for insecticide solutions across the globe by service providers. The increasing awareness of public health has compelled the people to adopt pest control services on a regular basis at residential and commercial levels. The objective of the report is to define, describe, and forecast the pest control market size based on pest type, control method, mode of application, application, and region.


By control method, the chemicals segment dominated the pest control market in 2018.


Chemical pesticides, which are toxic or poisonous to the pests, are used for pest control in Asia Pacific. The use of chemical pesticides is widespread due to their relatively low cost, simplicity of application, effectiveness, availability, and stability. These factors, coupled with the growing economic conditions across Asia, encourage the adoption of chemicals to a larger extent. Chemical pesticides are generally fast-acting, which helps minimize their impact on the surrounding environment. Local agencies are adopting new technologies in deploying chemical solutions, including the use of drone-based sprays, to maximize the area to be covered.

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Insects are the major pest type driving the growth in the Asia Pacific pest control market during the forecast

The climate across the Asia Pacific, especially in Southeast and Western Asia, is conducive for the breeding of many insects. Warmer temperatures are generally the breeding grounds for insects, supporting their faster development and prolonged survival. Termites and mosquitoes are among the major pests in the Asia Pacific region and are expected to fuel the demand for insect pest control products and services during the forecast period. The demand for rodent control in Asia Pacific is also gaining prominence in the wake of the stringent regulations and safety standards in the commercial sector. Rodents are also a major problem in the Asia Pacific market. Countries such as China, India, and Japan are witnessing large-scale rodent infestation in the urban and rural areas. The rodent infestation in the region can be traced to a multitude of factors such as flooding, urban expansion, lack of hygiene conditions and open drains.

Asia Pacific region is projected to witness the highest growth in the pest control market by 2025.

The Asia Pacific region is among the fastest-growing regions for pest control. The region’s high concentration of urban population and urbanization poses a strong potential for pest control service providers. The effects of climate change and in certain cases, the negligence toward sanitary conditions in urban slums has resulted in multiple disease outbreaks. Improvements in legislation and policies surrounding the requirement of pest control have benefitted pest control service providers in the Asia Pacific region. Additionally, the region has also been susceptible to many pest-borne disease outbreaks in the last two decades. From the last quarter of 2015, there has been a significant number of cases related to Zika virus in the region. Zika virus is a mosquito-transmitted Flavivirus and has been detected in several countries in the Asia Pacific region, which include Thailand, the Philippines, Malaysia, Vietnam, and Indonesia. According to a WHO report (October 2016), the Asia Pacific region is highly likely to continue to report new cases and possibly new outbreaks of Zika virus. Thus, with increasing outbreaks of diseases due to insects, the demand for pest control services is projected to increase in the region.

The key service providers in this market include Terminix (US), Ecolab (US), Atalian Servest (France), Truly Nolen (US), Rollins Inc. (US), Rentokil Initial Plc (UK), and Ecolab (US). The pesticide suppliers in the pest control market include Bayer CropScience (Germany), BASF (Germany), Syngenta AG (Switzerland), Sumitomo Chemicals Co. Ltd. (Japan), Adama (Israel), FMC Corporation (US), DowDuPont (US), PelGar International (UK), and Bell Laboratories (US).

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Recent Developments:
  • In March 2019, DowDuPont confirmed the completion of the required clearances for the spin-off for Corteva Agrisciences (US) which would operate as a separate company under the conglomerate.
  • In January 2019, Control Solutions Inc. (US), a wholly owned subsidiary of Adama, acquired Bondie Products Inc. (US). The acquisition is expected to benefit CSI through the access of Bondie’s portfolio of pest control products and customer base.
  • In October 2018, Bell Laboratories launched Contrac Soft bait 4lb pails, for the US market following the success of its 16lb pails. The new product is expected to ease mobility concerns for service technicians on the field as well as ease inventory management for service providers.

Friday, September 18, 2020

Glycinates Market to Witness Unprecedented Growth in Coming Years

 The glycinates market is estimated to be valued at 927.2 Million in 2017 and is projected to reach a value of USD 1,234.3 Million by 2022, at a CAGR of 5.89% during the forecast period. The global demand for glycinates is increasing significantly due to the growing demand for nutritive food products. The market is further driven by factors such as increasing deficiency of minerals among the population, especially in developing countries such as Brazil, growing demand for chelated minerals in food additives, and growing restrictions on the use of antibiotics in livestock feed.



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On the basis of type, the global market was led by the magnesium glycinates segment in 2016. Magnesium plays a vital role in the body's detoxification processes, as magnesium glycinate increases bio-absorbability and has a significant application in dietary supplements.

The glycinates market, on the basis of form, is segmented into dry and liquid. The dry segment is estimated to account for the larger market share; this can be attributed to several benefits associated with this form, including lower costs, along with the convenience of usage in a wide range of applications such as food, feed, pharmaceutical, and personal care.

The global market, based on application, is segmented into pharmaceuticals/nutraceuticals, food additives, feed additives, and personal care products. The feed additives segment covered the largest market share. Increase in the focus of manufacturers on animal feed with increased opportunities in the dairy and meat industries is one of the key factors for the consumption of glycinates in animal feed. Furthermore, incorporation of various ingredients in animal feed by manufacturers for improvement in the quality of meat has increased the demand for glycinates with glycine being the most widely used chelates in the market for chelated feed minerals.

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In 2016, the North American region led the global market for glycinates. Factors such as the presence of major players in the US, high awareness about the food and dietary supplements, and a significant demand for glycinates for the feed industry will drive the glycinates market in North America.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), and Albion Laboratories (US).

Other players include Shijiazhuang Donghua Jinlong Chemical (China), Galaxy Surfactants (India), Novotech Nutraceuticals (US), Schaumann (Germany), Dunstan Nutrition (New Zealand), Aliphos (Belgium), Chaitanya Chemicals (India), and Provit (Poland).