Carotenoids Market Growth Opportunities by 2026

The carotenoids market size is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a compound annual growth rate (CAGR) of 4.2%, in terms of value, during the forecast period. Carotenoids are a group of yellow to red pigments, including the carotenes and the xanthophylls, found particularly in plants, algae, and photosynthetic bacteria and certain animal tissues. The increase in the usage of carotenoids as food colorants and the advancements end-user technologies are the major factors that are projected to drive the growth of the carotenoids market.

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Increasing application for astaxanthin as food color has led the segment to account for the highest market share in the carotenoids market

Astaxanthin accounts for the largest share in the market, during the forecast period. Astaxanthin is found in certain algae and has a red pigment. Due to its red pigment, it is now being widely used in meat products to impart color. It is used in food products such as salmon, lobster, trout, shrimp, and other seafood products. Moreover, it is also now being used as it helps in fighting diseases such as Parkinson’s disease, the prevention of macular degeneration, and the Alzheimer’s disease.

Natural segment is projected to grow at faster CAGR in the carotenoids market during the forecast period as consumers are demanding natural food products

The natural segment is forecasted to grow at higher CAGR in the market during the study period. This can be attributed to increase in biological activities and high antioxidant properties offered by natural carotenoids. During last few decades there has been increasing concern over the chemical ingredients used in various food products. Consumers across the globe are now demanding for food products with natural ingredients as they are perceived as safer fand healthier for consumption. This has driven the demand for natural carotenoids in food industry. 

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The Europe region is projected to account for largest market share in the carotenoids market during the forecast period due to increase demand for clean-label products 

The Europe region is forecasted to dominate the carotenoids market in terms of market share during the forecast period. This is due to the presence of consumers who are demanding natural and clean-label food products. The players in food and feed industry in Europe are widely using natural ingredients as a colorant in their products and easy availability of carotenoids makes it a preferrable option for these manufacturers. Furthermore, growing ageing population has led to increase in demand for carotenoids as it may benefit in curing cataract and other eye disorders.  

The prominent vendors in the carotenoids market include Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US), and Dohler Group (Germany).

Food Grade Gases Market Growth by Emerging Trends, Analysis, & Forecast

The global food grade gases market is estimated to be valued at USD 7.6 billion in 2022. It is projected to reach USD 10.6 billion by 2027, recording a CAGR of 6.9% during the forecast period. Food-grade gases are defined as gases used as a processing aid or as an additive in the food beverage industry. These gases should comply with the standards set by regulatory bodies such as the FDA. They are used alone or in combination for freezing chilling, packaging, and for carbonation in certain beverages. Some of the most commonly used food-grade gases include carbon dioxide, nitrogen, oxygen, hydrogen, and argon. These gases are used for multiple end-uses such as meat, poultry, and seafood products, beverages, dairy frozen food products, and convenience food products.

Key players in this market include Linde Plc (Ireland), Air Products Chemicals, Inc. Air Liquide (France), Taiyo Nippon Sanso (Japan), The Messer group GmbH (Germany).

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The nitrogen gas segment is estimated to register a CAGR of 6.6% during the forecast period. The quick cooling/freezing properties of nitrogen help retain the quality of products by preventing dehydration and crumbling. These properties drive the demand for nitrogen in the food beverage industry.

Nitrogen is a colourless, odorless, non-toxic, inert gas, which is why it is widely used in the food beverage industry. Nitrogen displaces oxygen and decreases moisture inside of packaged food. Moisture in packaged foods creates bacteria, mold, and mildew, which is why nitrogen is necessary for the food preservation process. This gas also preserves freshness and retains nutrients, which helps the food or beverage last longer. Larger quantities of nitrogen may be required than oxygen or vice versa, depending on what food to preserve. Red meats tend to lose their color when they are deprived of oxygen, so less nitrogen is used when packaging red meat. On the other hand, coffee and beer require more nitrogen because it improves the quality of these drinks. Beer needs nitrogen to create foam, and coffee is dispensed with a higher pressure when brewed with nitrogen.

Some other applications of nitrogen are for sparging wines and filling the headspaces of various beverages to create an inert atmosphere and delay spoilage. Nitrogen is classified as a food additive when it is in direct contact with food and is designated an “E” number; the nomenclature for nitrogen is “E941.”.

The work-from-home trend has created a demand for carbonated beverages in many regions, which positively impacted the market growth.

Soft drinks, sparkling water (seltzer water), and carbonated wine, which has many of the same characteristics as fermented sparkling wine but is less costly to make, are examples of carbonated beverages. During carbonation, carbon dioxide is added to the liquid in a carbonator, where vaporized carbon dioxide is mixed under pressure with temperature-controlled water. Syrups, sweeteners, and other ingredients are then added to create the final product. This phenomenon is what makes soft drinks bubbly and fizzy. Beer is also one of the major carbonated alcoholic beverages, but beer manufacturers generally use the carbon dioxide that is produced during the fermentation process. Carbonation can also drive out the oxygen, which can make a beverage shelf-stable as long as it is sealed, keeping aerobic microbes away.

The popularity of carbonated beverages plays a crucial role in driving market growth. As carbonation increases the shelf-life of these beverages, manufacturers are increasingly using carbon dioxide, thereby increasing the scope for food-grade gases.

What is the current size of the global food grade gases market?

North America dominated the food grade gases market, with a value of USD 2.3 billion in 2022; it is projected to reach USD 3.4 billion by 2027, at a CAGR of 6.5 % during the forecast period.

Canada and Mexico witness the largest import of meat, fish, and seafood. In 2018, Canada was the largest export market for US agricultural products and accounted for 17% of the total exports. The major commodities exported to Canada are prepared foods, fresh processed vegetables, fresh processed fruit, meat meat products, snack foods, certain non-alcoholic beverages, chocolate cocoa products, condiments sauces, coffee, wine, beer, and pet food. The demand for perishable food imports has grown rapidly over the last 25 years since the introduction of supermarket food distribution systems in Mexico. Food Grade Gases are liquefied to promote a cryonic state for the preservation of frozen food items, which offers several chilling advantages: faster freeze rate and improved efficiency over mechanical freezers; increased production; reduced product dehydration; reduced bacterial activity; and increased shelf life. For this reason, nitrogen is most liquefied. Carbon dioxide may also be frozen as dry ice. As the demand for perishable foods is growing in North America, the need to chill, freeze, and package these products to improve their shelf life will increase, thereby increasing the scope for food-grade gases.

Biological Seed Treatment Market Growth Opportunities by 2025

The Biological Seed Treatment Market has witnessed a surge in demand in recent years, owing to the rising awareness about sustainable agriculture practices and the adverse effects of chemical seed treatment on soil and the environment. 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%.

Growth Drivers for Biological Seed Treatment Market:

• Rising demand for organic food products
• Increasing awareness about sustainable agriculture practices
• Favorable government initiatives promoting eco-friendly farming practices
• Growing need for crop protection against diseases and pests
• Cost-effectiveness of biological seed treatment

Key Players in the Biological Seed Treatment Market:

1. BASF SE
2. Syngenta AG
3. Bayer AG
4. DuPont de Nemours, Inc.
5. Koppert Biological Systems

Challenges and Opportunities in Biological Seed Treatment Market:

• Lack of awareness about the benefits of biological seed treatment
• Limited availability of commercial products
• High cost of research and development
• Challenges in scaling up the production of beneficial microorganisms
• Growing demand for organic products creates opportunities for biological seed treatment.

Regional Analysis of Biological Seed Treatment Market:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Future Prospects of Biological Seed Treatment Market:

• Increasing demand for sustainable agriculture practices to drive the market growth
• Growing investments in research and development activities to develop new products
• Adoption of precision farming techniques to boost the efficacy of biological seed treatment
• Strategic partnerships and collaborations between key players to expand market reach
• Technological advancements in the production of beneficial microorganisms to drive innovation in the market.

Bullet Points:

Biological seed treatment is gaining popularity among farmers for its eco-friendly nature and effectiveness in enhancing crop yield and disease resistance.

The market is driven by factors such as rising demand for organic food products, increasing awareness about sustainable agriculture practices, and favorable government initiatives promoting eco-friendly farming practices.

Key players in the market include BASF SE, Syngenta AG, Bayer AG, DuPont de Nemours, Inc., and Koppert Biological Systems.

The market faces challenges such as lack of awareness about the benefits of biological seed treatment, limited availability of commercial products, and high cost of research and development.

However, growing demand for organic products and increasing investments in research and development activities create opportunities for market growth.

The market is expected to witness significant growth in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa regions.

Future prospects of the market include increasing demand for sustainable agriculture practices, adoption of precision farming techniques, and technological advancements in the production of beneficial microorganisms.

Food Encapsulation Market Growth Opportunities by 2027

The food encapsulation market was valued at USD 11.5 billion in 2022; it is projected to grow at a CAGR of 8.2% to reach USD 17.0 billion by 2027.

The market for encapsulation is growing globally at a significant pace due to its numerous applications and multiple advantages over other technologies. Some of the major advantages of encapsulation are that it helps provide enhanced stability and bioavailability to the bioactive ingredients and also helps increase the shelf life of food products and maintains the taste and flavor for a longer period. Encapsulation is increasingly used in various industrial areas such as nutraceuticals and food & beverages.

The food encapsulation market is witnessing rapid growth due to the increasing demand for functional foods, convenience foods, and ready-to-eat meals. Food encapsulation helps to improve the shelf-life, flavor, texture, and appearance of food products. The technology enables the delivery of bioactive ingredients such as probiotics, vitamins, minerals, and omega-3 fatty acids in a controlled manner. Moreover, food encapsulation provides a better sensory experience to consumers by enhancing the taste, aroma, and color of food products.

Types of Food Encapsulation Techniques:

There are several types of food encapsulation techniques, including:

Spray Drying: This technique involves atomizing the liquid ingredients into tiny droplets that are dried in a hot air stream to form powder particles.

Extrusion: This method involves forcing the ingredients through a small opening to form strands that are cut into small particles.

Coacervation: This technique involves forming a complex between the ingredients to be encapsulated and a coating material that is then solidified by a chemical reaction or cooling.

Emulsion: This method involves mixing two immiscible liquids to form tiny droplets that are coated with a surfactant or polymer to form stable emulsions.

Nanoparticle Encapsulation: This technique involves using nanotechnology to encapsulate bioactive ingredients in particles with a size of less than 100 nanometers.

Applications of Food Encapsulation

Food encapsulation finds applications in various food products, including:

Beverages: Encapsulation of flavors, vitamins, and probiotics in beverages such as juices, soft drinks, and energy drinks.

Bakery and Confectionery: Encapsulation of flavors, colors, and nutrients in baked goods and confectionery products such as cakes, cookies, and candies.

Dairy Products: Encapsulation of probiotics, vitamins, and minerals in dairy products such as yogurts, cheese, and ice cream.

Dietary Supplements: Encapsulation of nutrients, vitamins, and minerals in dietary supplements such as capsules, tablets, and powders.

Meat Products: Encapsulation of flavors, antioxidants, and preservatives in meat products such as sausages, burgers, and deli meats.

Future Trends in Food Encapsulation:

The food encapsulation market is expected to witness several trends in the coming years, including:

Personalized Nutrition: With the growing awareness of personalized nutrition, food encapsulation can play a vital role in delivering customized nutrients and bioactive ingredients to consumers based on their specific needs and preferences.

Clean Label: The demand for clean label products that use natural and minimally processed ingredients is expected to drive the development of food encapsulation techniques that use clean and sustainable materials.

Advanced Delivery Systems: The development of advanced delivery systems that can improve the bioavailability and efficacy of encapsulated ingredients is expected to gain traction. For instance, encapsulated ingredients that can target specific organs or tissues in the body can have significant health benefits.

Integration with IoT: The integration of food encapsulation with Internet of Things (IoT) technologies such as sensors and smart packaging can enable real-time monitoring and tracking of the quality, safety, and freshness of food products.

Biostimulants Market Growth by Emerging Trends, Analysis, & Forecast

The global biostimulants market is estimated to be valued at USD 3.5 billion in 2022. It is projected to reach USD 6.2 billion by 2027, recording a CAGR of 11.8% during the forecast period. Food and agricultural production systems worldwide are facing unprecedented challenges, from the increasing demand for food for a growing population, rising hunger and malnutrition, adverse climate change effects, overexploitation of natural resources, loss of biodiversity, and food loss and waste. These challenges can undermine the world’s capacity to meet its food needs now and in the future.

Biostimulants are substances and microorganisms that are applied to plants to enhance their growth, yield, and stress tolerance. The biostimulant market has been growing rapidly in recent years due to a variety of key drivers, including:

Increasing demand for sustainable agriculture: With growing awareness about the impact of traditional agriculture practices on the environment, there is a growing demand for sustainable and eco-friendly agriculture practices. Biostimulants offer an alternative to traditional fertilizers and pesticides, which can have negative impacts on the environment.

Growing need for higher crop yields: As the global population continues to grow, there is an increasing need for higher crop yields to feed the world. Biostimulants can enhance plant growth and yield, making them an attractive option for farmers and growers.

Favorable government policies: Many governments around the world are promoting the use of biostimulants through policies and regulations that encourage sustainable agriculture practices. This has helped to drive the growth of the biostimulant market.

Advancements in biotechnology: Advances in biotechnology have led to the development of new and more effective biostimulant products. This has increased the demand for biostimulants as growers seek to improve their crop yields.

Growing popularity of organic farming: Organic farming practices are becoming increasingly popular as consumers demand healthier and more sustainable food options. Biostimulants are a key component of organic farming practices, as they can enhance plant growth without the use of synthetic fertilizers and pesticides.

Overall, these key drivers are expected to continue to fuel the growth of the biostimulant market in the coming years.

Biostimulants Market Trends:

The biostimulants market has been growing in recent years, and this trend is expected to continue in the coming years. Biostimulants are substances or microorganisms that are applied to plants or soil to enhance plant growth, health, and yield.

One major driver of this market is the increasing demand for sustainable agriculture practices. Biostimulants offer a natural and environmentally friendly solution to improving crop yields, reducing chemical use, and enhancing soil fertility. Additionally, biostimulants have been shown to help plants tolerate various environmental stresses, such as drought and heat, which is becoming increasingly important as the effects of climate change are felt worldwide.

Another factor driving the growth of the biostimulants market is the growing demand for organic food. As consumers become more aware of the potential health and environmental risks associated with conventional farming practices, they are seeking out organic options. Biostimulants can play a key role in organic farming by helping to improve soil health, reduce disease, and enhance plant growth.

In terms of the types of biostimulants, microbial-based biostimulants are currently the fastest-growing segment of the market. These products contain beneficial microorganisms such as bacteria and fungi that can improve soil health and plant growth. Other types of biostimulants include plant extract-based products, humic substances, and amino acid-based products.

Overall, the biostimulants market is expected to continue growing as the demand for sustainable agriculture practices and organic food continues to rise. However, challenges such as regulatory issues and the need for further research and development may hinder the market's growth in the short term.

Food Inclusions Market Growth Opportunities by 2027

The food inclusions market is expected to grow at a CAGR of 6.9% during the forecast period, with a projected size of USD 18.7 billion by 2027. In 2022, the market was estimated to be valued at USD 13.4 billion. The changing dynamics, owing to the factors such as the changing consumer requirements, industrial investments, RD, increasing stringency of food regulations, and greater urge among industry players to attain the market leadership position, have led to continuous innovations in product offerings by market players, which are aligned with consumer demand.

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Food inclusions have enabled food beverage manufacturers to improve organoleptic properties, especially in terms of flavor, taste, texture, and appearance. As a result, mass-marketed products and products such as oats and cereal specifically targeted at health-conscious consumers are gaining significant demand from consumers, owing to their inclusion content. The use of inclusion has also aided product manufacturers in adopting and continuing with their marketing strategies and positioning their products as "healthy" without violating the prevailing norms of food labeling.

Opportunities: Product premiumization, functional food products, and resultant new product development to present growth opportunities

Premiumization of products is gaining global significance, with consumers increasingly willing to spend extra on premium products. The word "premium" is associated with the aspect of "quality" and "indulgence" along with other factors, such as "safety." Owing to this, consumers prefer to pay that little extra in mark-up price. As the trend of premiumization is on the rise, it presents an opportunity for growth in the range of premium products for food inclusion manufacturers. The category of functional food segments within premium products currently offers significant opportunities for growth in the consumption of food inclusions.

By application, the cereals products, snacks bars segment is projected to dominate the food inclusions market in the forecasted period.

Food inclusions, with their ability to enhance organoleptic properties and nutritional profile, are ideal ingredients for addition in cereal products, snacks bars, as they enhance product appeal. Consequently, inclusions are significantly consumed for use in products in this category, as their content has become the Unique Selling Proposition (USP) and core factor of product marketing.

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By region, Europe was the largest regional market for the food inclusions industry.

The European market accounted for the largest share in 2021. The largest market share of Europe can primarily be attributed to factors such as the region's large-scale production and domestic consumption of food inclusions. Moreover, food beverage manufacturers urge product innovation with the use of novel ingredients to cater to consumer indulgence. The market in the Asia Pacific is projected to grow at the highest CAGR of 9.5%, owing to the rising consumption of inclusions and their innovative usage in line with the flavor profile and other consumer requirements, along with the westernization of diets.

Key Market Players:

Key players in this market include Cargill (US), ADM (US), Barry Callebaut (Switzerland), Tate and Lyle (US), Agrana (Austria), and Taura Natural Ingredients Ltd. (New Zealand).

Controlled Release Fertilizer Market Growth Opportunities by 2026

The Controlled Release Fertilizer Market is poised for significant growth, with projections indicating a rise from USD 2.4 Billion in 2021 to an estimated USD 3.3 Billion by 2026. This represents a compound annual growth rate of 6.4% during the forecast period, highlighting the increasing demand and adoption of these innovative fertilizers. The rise in the global population, growing application rates in developing countries, and rising demand for high-value crops are key factors that are projected to drive the growth of the controlled release fertilizer market during the forecast period.

The controlled release fertilizer market is projected to grow at a significant pace in the next few years. Controlled release fertilizers are special types of fertilizers that release nutrients gradually over an extended period, ensuring that plants receive a consistent supply of nutrients, without any wastage. This type of fertilizer reduces the risk of over-fertilization and minimizes the leaching of nutrients into groundwater, thus providing a more sustainable and environmentally friendly solution for crop production.

Growing demand for food to feed the world's growing population, coupled with the increasing concern over environmental degradation, is driving the growth of the controlled release fertilizer market. The increasing use of modern farming techniques and the need for efficient nutrient management have also contributed to the growth of this market.

Asia Pacific accounted for the largest share, during the forecast period, in terms of volume and value, respectively. Increasing growth of high-value crops and rising awareness among farmers about the environmental benefits of controlled-release fertilizers are expected to provide more scope for market expansion. The government policies adopted by Asia Pacific countries and the large subsidies, sometimes up to 100% for marginal farmers, provided on fertilizers are the major factors triggering the growth of this market in the region. In North America region the demand for controlled-release fertilizers is expected to increase in the near future due to the shrinking arable land. Mexico, on the other hand, has the advantage of a warm climate; however, the relative arable land is significantly less than the others. Given the high prices of controlled release fertilizer, the market has remained popular in developed markets, with high disposable incomes and demand.

What are the factors driving the growth of the controlled release fertilizers market?

 The key players in this market include Yara International ASA (Norway), Nutrien Ltd. (Canada), The Mosaic Company (US), ICL Group (Israel), Nufarm Ltd. (Australia), Kingenta (China), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemical (US), and SQM (Chile). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.