Thursday, October 3, 2024

Growth Strategies Adopted by Major Players in the Collagen Market

 The collagen industry, valued at approximately $5.1 billion in 2023, is projected to grow at a 5.3% CAGR, reaching $7.3 billion by 2030. This sector is undergoing significant transformations and innovations, particularly in nutrition and cosmetics, where collagen has become a key focus. As awareness of collagen increases, so does the demand for this essential protein, which can be obtained through collagen supplements or by boosting the body’s natural collagen production. This shift has resulted in a rising demand for collagen in various forms.

Collagen Market

Collagen Market Drivers: Rise in consumption of collagen-based food and beverages

Collagen is gaining significant traction as consumers increasingly seek health and wellness products. The demand for collagen peptides is fueled by a rising interest in functional foods, dietary supplements, and sports nutrition among health-conscious individuals aiming to enhance skin, joint, and bone health. Additionally, the expanding use of collagen in the food and beverage industry—including applications in confectionery, dairy, meat processing, and beverages—further enhances market potential. Demand for collagen, particularly in emerging economies, is expected to grow as more people adopt healthy lifestyles and focus on preventing chronic diseases. Collagen is available in supplement form, but many of these products may contain fillers and artificial additives that could cause allergic reactions. Some individuals may experience side effects such as bloating, an unpleasant taste, diarrhea, and skin rashes. Reactions can vary from person to person, and certain collagen supplements might also contain heavy metals and animal-derived ingredients. These components can trigger allergic responses, leading to skin issues, as noted by Hasina Khatib in a 2020 Vogue article.

The marine segment in the collagen market is poised for remarkable growth with the highest CAGR in the upcoming forecast period.

The marine source of collagen has rapidly become the leader in the collagen market, experiencing remarkable growth for several key reasons. Its sustainability, stemming from fish by-products that reduce waste, resonates with the increasing environmental awareness among consumers. Known for its high bioavailability, marine collagen is easily absorbed by the body, making it an effective option for supplementation. Its versatility supports a wide range of applications in dietary supplements, cosmetics, and medical products, meeting diverse consumer needs.

Rich in type I collagen, which is essential for skin, hair, and joint health, marine collagen offers significant nutritional benefits. It is also allergen-free and suitable for various dietary preferences, enhancing its popularity. Ongoing research and development within the marine collagen sector foster continuous innovation, strengthening its market presence. As global demand for collagen-based products rises, fueled by health-conscious consumers seeking natural options, marine collagen remains a key player in this thriving market.

Asia Pacific: The Fastest-Growing Region for the Collagen Market

The Asian collagen market is experiencing the highest CAGR, driven by rising health awareness, a growing demand for beauty and wellness products, and a cultural tradition of incorporating collagen into diets. Key factors boosting collagen sales include the nutraceutical and cosmetics industries, supported by increasing disposable incomes and heightened interest in collagen supplements and skincare items. Additionally, the aging population in countries like Japan and China, seeking solutions for joint and bone health, significantly contributes to market growth in this region.

Top Collagen Companies:

The key players in the collagen market include Darling Ingredients (US), Ashland (US), Tessenderlo Group (Belgium), GELITA AG (Germany), Nitta Gelatin NA Inc (Japan), Nippi Collagen NA Inc (Japan), Collagen Solution (UK), Titan Biotech (India), Weishardt Holding SA (France), DSM (Netherlands), and Amicogen (South Korea). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Tuesday, October 1, 2024

Soy Protein Ingredients Market to Showcase Continued Growth in the Coming Years

 The soy protein ingredients industry was valued at USD 7.7 billion in 2022 and is projected to reach USD 10.8 billion by 2027, reflecting a compound annual growth rate (CAGR) of 7.0% during the forecast period from 2022 to 2027. Soy protein ingredients are derived from the processing of soymeal to create products with higher protein concentrations, suitable for various food and animal feed applications. The increasing demand for soy protein in both the food and animal feed sectors can be attributed to its health benefits, functional properties, and cost-effectiveness as a substitute for animal protein. This market is expected to experience significantly faster growth compared to other vegetable proteins.

Soy Protein Ingredients Market

Soy Protein Ingredients Market Drivers: Demand for cheaper protein source

The expansion of crop cultivation in developing regions like South America and the Asia Pacific, combined with the already extensive global cultivation, has boosted the availability of soy proteins. This makes raw materials easily accessible through contract farmers or oilseed crushers that supply soy meal. The low processing costs of soy protein align well with manufacturers' operational needs, enabling them to invest more efficiently in product development. Consequently, soy proteins are more cost-effective compared to other protein sources such as meat, dairy, and whey proteins. Moreover, with the recent rise in the prices of conventional dairy products, soy protein stands out as one of the most affordable and viable plant-based protein alternatives.

The Dry Segment by Form is Expected to Dominate During the Forecast Period.

In the industry, powdered or dry ingredients serve as exceptional texture enhancers. With the growing demand for meat alternatives and the increasing popularity of plant-based foods, companies are focusing on replicating the texture of meat in soy-based products. To achieve this, many market players have incorporated texturized soy protein ingredients into their product offerings. Since these ingredients are typically in dry form, the rising demand for texturized soy protein is also boosting the need for dry form soy protein. Additionally, their extended shelf life, convenient packaging, ease of use in recipes, and ability to blend seamlessly with other ingredients further contribute to their growing market demand.

North America is estimated to dominate the soy protein ingredients market share.

The ethical limitations and consumer awareness regarding personal and environmental health have contributed greatly to the mass shifting of people toward adopting veganism and flexitarian diets. According to a recent report published in March 2022 by the Plant-Based Foods Association (PBFA), the US plant-based food retail sales reached USD 7.4 billion, outpacing total food retail sales and showing a growth rate of 6.1% in 2021 from the previous year, despite supply chain interruptions and pandemic restrictions. This growth and increase in the demand for and consumption of plant-based foods are likely to continue during the forecast period and present significant business opportunities for soy protein ingredients.

North America is a significant production base for plant-based protein manufacturers, and the US is a key producer of soybean and wheat in the region.

Top Soy Protein Ingredients Companies:

The key players in this market include ADM (US), Wilmar International Co., Ltd. (Singapore), Cargill, Incorporated (US), CHS, Inc. (US), and Fuji Oil Holdings Inc (Japan)

Monday, September 30, 2024

Sourdough Market Trends, Growth Drivers, Industry Overview, Key Segments, and Forecast - 2029

 The sourdough market size is expected to grow from USD 2.5 billion in 2024 to USD 3.8 billion by 2029, with a compound annual growth rate (CAGR) of 9.2% in terms of value. Sourdough bread is made from a fermented dough starter that contains natural yeasts and lactobacilli bacteria. This fermented dough is widely used across various food categories, with different types of sourdough such as Type I, Type II, and Type III serving different purposes. Sourdough is a versatile ingredient in baking, commonly found in bread, buns, cookies, cakes, and pizza, offering a tangy flavor, improved texture, and extended shelf life. It is often made using ingredients like wheat, barley, and oats. The rising demand for artisanal, preservative-free, and naturally fermented products is driving the market’s growth.

Sourdough Market

Sourdough Market Opportunity: Increasing demand for innovation and product diversification

Advancements in food technology research offer opportunities to enhance functional and bioactive ingredients, which can improve human health and address nutrition security. These innovations target nutritional deficiencies, optimize underutilized crops, and increase nutrient bioavailability.

The sourdough market stands to benefit from these developments. By integrating functional and bioactive ingredients, sourdough products can achieve greater nutritional value and health benefits. Additionally, advancements in preservation methods could extend sourdough’s shelf life, increasing its availability. The introduction of new flavors, textures, and specialty ingredients like gluten-free or organic options can attract a broader customer base and fuel the market’s growth.

In the application segment, bread and buns dominated the market during the study period.

The use of sourdough in bread and buns has transformed the bakery industry, creating significant growth potential in the global sourdough market. As consumers worldwide shift toward healthier, more natural food options, sourdough has seen rapid expansion. This trend has not only drawn established bakeries to enhance their product lines but also encouraged startups and entrepreneurs to introduce a variety of sourdough-based bread and buns to cater to diverse consumer preferences. With bread being a staple in many developed countries, the rising demand—fueled by population growth and increasing health consciousness—is driving the adoption of sourdough in bread and bun production, further boosting market growth.

The European region dominates the sourdough market share.

The high per capita consumption of bread and bakery products in Europe, averaging 57 kg, reflects the region’s strong preference for these goods. In response to growing demand, the European bakery market has rebounded with growth in both sales and product launches after several years of decline, signaling a positive industry trend. As this market continues to expand, there is an increasing demand for healthier, authentic alternatives like sourdough. Additionally, the rising value and volume of cakes, pastries, and sweet goods—aligned with sourdough’s artisanal and gourmet appeal—boost its potential for further growth in Europe. With consumers seeking diverse, high-quality bakery items, sourdough’s premium reputation positions it well within the European bakery sector. As both a major exporter and importer of bakery products, Europe offers a dynamic market landscape, creating opportunities for sourdough to grow and extend its global reach.

Top Sourdough Companies

The key players in the sourdough market include Puratos (Belgium), AB Mauri (United Kingdom), IREKS GmbH (Germany), Lallemand (Canada), Lesaffre (France), Boudin Bakery (US), Goodmills (Australia), and Bake With Brolite (US). These market participants are increasing their market presence via product launches. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Puratos is an international group that operates in the bakery, patisserie, chocolate, and health & well-being sectors. Puratos serves customers in over 100 countries around the world, catering to artisans, retailers, and industrial and food service companies. With a global presence, Puratos operates across various segments of the food industry, offering a full range of products and services. Their expertise encompasses bakery products, pastry creations, and chocolate applications. They work closely with their customers to meet their specific needs and enable them to thrive in their respective markets.

In the sourdough market, Puratos offers innovative food ingredients and services to support businesses in the bakery segment. Sourdough is one of the key areas of focus for Puratos, alongside their offerings in patisserie, chocolate, and health & well-being. The company leverages its expertise and experience gathered from diverse food cultures worldwide to develop new opportunities and solutions for its customers.

IREKS is an internationally operating family company serving customers in 90 countries worldwide. The company operates in multiple business divisions, including baking ingredients, agricultural trade, malts for brewing, flavorings, confectionery products, and ice cream.

In the baking ingredients division, IREKS produces high-quality ingredients for bread, rolls, and confectionery baked goods. This includes a range of sourdough products, which are used as natural leavening agents to enhance flavor, texture, and shelf life. IREKS offers sourdoughs that are precisely tailored to the requirements of bakeries and their customers, providing them with the necessary support and expertise. The company serves customers in over 90 countries, ensuring a global reach for its sourdough products. The company’s international expertise and network of locations in 24 countries allow them to be close to their customers and recognize emerging trends. This suggests that IREKS is likely to have a substantial presence in the sourdough market across various regions.

Thursday, September 26, 2024

Hydrocolloids Market: Growth Opportunities and Recent Developments

 The global hydrocolloids market is projected to be valued at USD 11.2 billion in 2023 and is expected to grow to USD 14.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 5.4% during this period. Hydrocolloids are a category of biopolymers commonly utilized in food technology to enhance quality attributes and extend shelf life. They play a vital role in various food formulations, serving as thickeners in soups, gravies, salad dressings, sauces, and toppings, as well as water retention agents, stabilizers, emulsifiers, and gel-forming agents in products like jams, jellies, marmalades, restructured foods, and low-sugar gels. The increasing demand for clean-label products driven by health and wellness trends, along with the growth of the ready meal and convenience food sectors, is expected to propel market expansion.

Hydrocolloids Market

Hydrocolloids Market Drivers: Multifunctionality of hydrocolloids to lead to wide range of applications

Among the various biopolymers, hydrocolloids are extensively used in food technology to enhance quality and extend shelf life. They are commonly incorporated into food formulations across a range of products, such as soups, salad dressings, gravies, sauces, jellies, jams, restructured foods, marmalades, and low-calorie gels. Hydrocolloids also play a crucial role in preventing the formation of sugar and ice crystals in ice cream and in managing flavor release. In the baking industry, they improve food texture and moisture retention, which helps delay starch retrogradation and enhances overall product quality during storage. Recently, certain hydrocolloids have gained attention for their ability to act as fat replacers, enabling the creation of low-calorie products. Their addition has been shown to improve the texture, thickening, and water retention of gluten-free bakery items. For instance, using xanthan gum in gluten-free bread made from a starch blend of rice flour, corn starch, and sodium caseinate yields favorable results in rheological testing. Consequently, the growing demand for gluten-free bakery products is expected to further boost the need for hydrocolloids in the food industry.

Hydrocolloids Market Opportunities: Emerging markets in Asia Pacific and Africa

The growing global population is intensifying the demand for the production, management, and conservation of precious resources. High energy costs and rising raw material prices are significantly affecting low-income consumers by driving up food prices. Additionally, water shortages are placing further strain on food supplies, particularly in Africa and Northern Asia. However, the large-scale production of hydrocolloids in these regions, combined with advancements in science and technology, offers small and medium-sized food and beverage manufacturers an opportunity to incorporate clean label ingredients into their products. This trend is expected to contribute positively to the growth of the hydrocolloids market.

Gelatin is Expected to Capture the Largest Share of the Hydrocolloids Market Throughout the Study Period.

The gelatin segment is expected to lead the market; however, as awareness of health and environmental issues increases, consumers are increasingly gravitating toward plant-based hydrocolloids. A significant factor anticipated to substantially impact the size of the hydrocolloids in food market during the forecast period is the rapid rise in the global population of overweight and obese individuals. There is a growing demand for food products that maintain desirable texture, flavor, and aroma while containing lower levels of fat, sugar, and salt.

Food and beverages are projected to hold the largest market share during the research period based on application.

Hydrocolloids play a crucial role in enhancing the cooking yield, texture, and slicing characteristics of beef and poultry products. Carrageenan is commonly used to retain moisture and preserve the natural texture of meat, while also increasing viscosity. On the other hand, agar helps reduce the fat content in meat products. Xanthan gum serves as a thickening and stabilizing agent, while gelatin improves the appearance of meat and helps gel the liquids in processed hams. The inclusion of alginate enhances the texture and overall quality of meat products. Additionally, pectin and locust bean gum act as fat replacers, and guar gum functions as a binder and lubricant in various meat products.

North America is Dominates the Hydrocolloids Market Share.

North America is expected to capture the largest share of the global hydrocolloids market. This demand is largely driven by the region's dietary preferences, particularly for ingredients that help reduce oil and fat content in food. Hydrocolloids act as a barrier against the oils and fats prevalent in popular breaded and fried dishes. By utilizing hydrocolloids, calorie-rich fats can be replaced with what is essentially structured water. As consumers increasingly seek out low-oil and low-fat options, the effective use of hydrocolloids meets this demand. Consequently, the hydrocolloids sector in the U.S. is projected to experience significant growth, fueled by the rising number of health-conscious individuals.

Top Hydrocolloids Companies

Key players in this market include International Flavors & Fragrances Inc. (US), Ingredion (US), Cargill, Incorporated (US), Kerry Group plc (Ireland), Associated Archer Daniels Midland Company (US), Palsgaard A/S (Denmark), Darling Ingredients Inc. (US), DSM (Netherlands), Ashland (US), Tate & Lyle (UK), CP Kelco U.S., Inc. (US), Nexira (France), Fufeng Group (China), and BASF SE (Germany).

Tuesday, September 24, 2024

Growth Strategies Adopted by Major Players in the Food Emulsifiers Market

 The global food emulsifiers industry is projected to reach a value of USD 4.6 billion by 2028, up from an estimated USD 3.6 billion in 2023, reflecting a compound annual growth rate (CAGR) of 4.9% during the forecast period. This growth is largely driven by the rising demand for processed and convenience food products worldwide. In response, industry players are implementing various strategic initiatives—including agreements, innovative product launches, partnerships, acquisitions, and expansions—to capitalize on the expanding market opportunities, especially in rapidly growing regions like Asia.

 

Food Emulsifiers Market

 

Food Emulsifiers Market Trends

Here are some current trends in the Food Emulsifiers Market:

Clean Label Products: There is a growing demand for clean label emulsifiers as consumers become more health conscious. Manufacturers are focusing on using natural and organic emulsifiers to cater to this trend.

Rising Demand for Plant-based Emulsifiers: With the increasing popularity of vegan and plant-based diets, there is a surge in demand for plant-derived emulsifiers, such as soy lecithin and sunflower lecithin.

Health and Functional Benefits: Food emulsifiers are being recognized for their health benefits, including improved nutrient absorption and enhanced texture. This is driving innovation and the development of new emulsifier formulations.

Convenience Foods: The growth of the convenience food sector, driven by busy lifestyles, is boosting the demand for food emulsifiers. Emulsifiers help improve the shelf life and texture of processed foods.

Technological Advancements: Advances in emulsification technology are leading to the development of new emulsifiers with improved performance, stability, and functionality in various food applications.

Regulatory Changes: Stricter regulations regarding food additives are influencing the emulsifiers market. Manufacturers are focusing on compliance and reformulating products to meet new standards.

Food Emulsifiers Market Drivers: Increase in the consumption of convenience foods

The food emulsifier market has seen substantial growth, primarily driven by the rising demand for convenience foods. These foods, which include pre-prepared meals and ready-to-eat products, require minimal preparation time and effort. Emulsifiers play a crucial role in these items by ensuring uniform mixing and preventing ingredient separation during storage. They also contribute to creating appealing textures and flavors that enhance the overall sensory experience. The growing popularity of convenience foods is linked to lifestyle changes, increased urbanization, and a demand for quicker, easier meal solutions. This trend is expected to persist, suggesting that the food emulsifier market will continue to grow.

Lecithin by type in the food emulsifiers market is projected to grow at the highest CAGR during the forecast period.

The growth of the lecithin market, particularly as a food emulsifier, has seen a notable increase in recent years. Lecithin, a natural phospholipid present in various food sources, is extensively utilized in the food industry to stabilize oil and water mixtures, enhancing the texture and appearance of numerous products. Its natural origin and cost-effectiveness are significant advantages that make it a favored choice among food manufacturers. Additionally, rising consumer demand for natural ingredients and the potential health benefits of lecithin—such as improved cognitive function, reduced cholesterol levels, and enhanced liver function—are further driving its popularity as an emulsifier in the food sector.

What innovations in bakery products are driving their dominance in the market segment?

The bakery products segment is anticipated to lead the food emulsifiers market, driven by various factors, including the growing demand for baked goods and the advantages of emulsifiers in enhancing texture, volume, and shelf life. Emulsifiers help stabilize air bubbles during baking, resulting in lighter and fluffier products that are visually appealing to consumers. Additionally, they contribute to prolonging the shelf life of baked items while improving their quality, appearance, and consistency, all of which are essential for the bakery industry.

North America is dominating the food emulsifiers market share.

The food emulsifier market is expected to be dominated by North America in the coming years due to several reasons. The region's high demand for processed and convenience foods, which rely on food emulsifiers to stabilize mixtures of oil and water, is a significant contributing factor. Furthermore, the presence of major food emulsifier manufacturers in the region such as ADM (US) and Ingredion (US), and the increasing investments in food additives are expected to further drive the market growth. As a result, North America is expected to maintain its leading position in the food emulsifier market in the foreseeable future.

Top Food Emulsifiers Companies:

The key players in this market include ADM (US), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Kerry Group plc. (Ireland) and Corbion (Netherlands).

Monday, September 23, 2024

Upcoming Growth Trends in the Agricultural Surfactants Market

 The agricultural surfactants industry was valued at USD 1.7 billion in 2023 and is expected to grow to USD 2.3 billion by 2028, reflecting a CAGR of 6.2% during this period. This market is experiencing notable growth due to several key factors. First, the need to increase crop yields and optimize resource use in response to rising global food demand and climate change is driving the adoption of innovative agricultural practices. Surfactants enhance the effectiveness of pesticides and enable targeted delivery, leading to better crop health and higher yields. Additionally, the growing preference for environmentally sustainable solutions aligns well with the characteristics of surfactants, which typically exhibit lower toxicity and higher biodegradability than traditional chemicals. Moreover, ongoing research and technological advancements are producing more effective surfactant formulations, making them increasingly appealing to farmers and agribusinesses. The trend towards biosurfactants further supports this growth, reflecting a broader shift toward bio-based products. Overall, the increasing recognition of surfactants as essential tools in modern agriculture is driving market expansion and promising future growth.

Agricultural Surfactants Market

Agricultural Surfactants Market Drivers: Rise in demand for green solutions

The growing demand for environmentally sustainable solutions is driving significant growth in the agricultural surfactants market. With rising concerns about ecological impacts, farmers and agribusinesses are increasingly looking for greener alternatives to traditional chemical inputs. Agricultural surfactants enhance the effectiveness of agrochemicals and reduce waste, making them a natural fit for the shift toward eco-friendly practices. These surfactants allow for more precise application of pesticides and fertilizers, minimizing runoff and environmental contamination. The emphasis on green solutions is spurring research and development into biodegradable and low-toxicity surfactants, further increasing their appeal. As sustainability becomes a fundamental aspect of modern agriculture, the market is thriving, thanks to its crucial role in promoting environmentally responsible practices.

Agricultural Surfactants Market Opportunities: Production of bio-based surfactant products

The production and adoption of biobased surfactants represent a significant opportunity for growth in the agricultural surfactants market, steering it toward more sustainable practices. Sourced from renewable materials like plant oils and microbes, biobased surfactants meet the rising demand for eco-friendly solutions in agriculture. They provide notable benefits, including enhanced biodegradability, reduced environmental impact, and lower toxicity compared to synthetic alternatives.

As awareness of environmental issues increases, consumers, regulators, and industries are prioritizing sustainability. Biobased surfactants fulfil this need by effectively delivering agrochemicals while minimizing ecological harm. This transition to greener options aligns with modern farming practices, which emphasize precision and minimal disruption to the environment.

With a growing preference for products that have a smaller environmental footprint, the rise of biobased surfactants is contributing to market expansion by satisfying both performance and sustainability needs in the agricultural sector.

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Based on application, the fungicides segment is anticipated to witness the highest growth in the market.

Fungicides within the agricultural surfactants sector are experiencing rapid growth driven by several key factors. Fungal diseases pose significant threats to both crop yields and quality, making effective management essential. Agricultural surfactants enhance fungicide performance by improving coverage, adhesion, and penetration on plant surfaces, providing thorough protection against fungal pathogens. As weather patterns shift and global trade increases, the risk of fungal outbreaks has grown, boosting the demand for reliable disease management solutions.

Moreover, the environmental and regulatory push for reduced chemical use complements the role of surfactants in optimizing fungicide efficiency. Their capacity for facilitating targeted and efficient applications aligns with sustainable farming practices. As the agricultural industry emphasizes precision and eco-friendly methods, fungicide-associated surfactants emerge as vital tools for addressing fungal diseases, driving their swift growth in the global market.

North America Set to Dominate Agricultural Surfactants Market Share

North America's leadership in the agricultural surfactants market stems from a combination of crucial factors. The region's advanced farming techniques and a strong focus on maximizing crop yields have significantly increased the demand for surfactants that improve the effectiveness of agrochemical applications. North American farmers and agribusinesses are pioneers in adopting innovative precision agriculture methods, which require accurate and efficient chemical application—something surfactants provide.

Additionally, the presence of major agrochemical and biotechnology firms in North America drives ongoing research and development, resulting in the continuous innovation of surfactant formulations designed for the region's varied crop and pest needs. Strict environmental regulations have further spurred the use of surfactants to minimize chemical waste and reduce environmental impact.

This robust growth is supported by the region's economic strength, technological advancements, and commitment to sustainable farming practices. Together, these elements solidify North America's position as a leader in the adoption of agricultural surfactants, enabling it to retain the largest market share in the global industry.

Top Agricultural Surfactants Companies

CHS Inc. (US), BASF SE (Germany), Solvay (Belgium), Corteva Agriscience (US), Evonik (Germany), Croda International Plc (UK), Nufarm (Australia), CLARIANT (Switzerland), and Stepan Company (US)are among the key players in the global market. To increase their company's revenues and market shares, companies are focusing on launching new products, developing partnerships, and expanding their production facilities. The key strategies used by companies in the agricultural surfactants market include strategic acquisitions to gain a foothold over the extensive supply chain and new product launches as a result of extensive research and development (R&D) initiatives.

Monday, September 16, 2024

Sustainable Growth Opportunities in the Biorational Pesticides Market

 The biorational pesticides market size is expected to expand from USD 7.5 billion in 2023 to USD 15.1 billion by 2028, with a compound annual growth rate (CAGR) of 15.2% during this period. Growing awareness of the harmful impacts of synthetic chemical pesticides on ecosystems, biodiversity, and human health has driven a shift toward more environmentally friendly alternatives. Regulatory authorities are increasingly supporting biorational pesticides due to their lower toxicity and reduced environmental persistence compared to synthetic chemicals, which is fueling market growth.

Biorational Pesticides Market

Biorational Pesticides Market Drivers: Government Initiatives on Chemical Pesticide Bans and Public Awareness Programs

The detrimental impact of chemical pesticides on soil, the environment, and water bodies globally has driven a growing focus on promoting biopesticides in agriculture. This push includes awareness campaigns and supportive policies that encourage private sector involvement. Regions like South America, Asia Pacific, and Europe are witnessing rapid market growth, thanks to initiatives that promote the use and production of biorational pesticides among farmers and producers.

In North America, the Environmental Protection Agency (EPA) regulates bioinsecticides, biofungicides, and bionematicides—key categories of biopesticides—overseeing their registration and monitoring their effects on human health and the environment. The sale and distribution of biopesticides are governed by the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), which ensures food and feed remain residue-free under the Federal Food, Drug, and Cosmetic Act (FFDCA).

In India, the government has integrated bioinsecticides into its Integrated Pest Management (IPM) approach, which combines cultural, mechanical, and biological pest control techniques. Central Integrated Pest Management Centers (CIPMCs) promote this strategy, along with the judicious use of chemical pesticides when necessary, through programs like Farmers Field Schools and training initiatives. These government efforts play a pivotal role in advancing the biorational pesticides market, especially bioinsecticides, by underscoring the importance of sustainable pest management practices.

Biorational Pesticides Market Opportunities: Advancements in microbial research undertaken by key players across regions

Companies like Bayer AG (Germany) have made significant advancements in microbial and RNA interference (RNAi) technology, creating promising opportunities in the biorational pesticides market. Major industry players in crop protection have invested heavily in research, leading to the use of biological signals to trigger RNAi-specific genes. This innovation has the potential to enhance disease and pest resistance while improving crop yield and quality. A key development is the focus on creating sprayable RNAi products for biological crop protection. For example, Monsanto Company (before its acquisition by Bayer) received EPA approval in 2017 for a genetic engineering technology that uses RNA interference to combat insect pests. Additionally, Corteva Agriscience (US) secured licenses for two insect traits from Monsanto, including an RNAi rootworm trait. The growing adoption of this technology in the industry offers a novel solution, especially for managing rootworm traits.

What are the key benefits of using microbials in biorational pesticide production?

The growth of the biorational pesticides market is driven by the use of microbials such as bacteria, fungi, viruses, and protozoa to create environmentally sustainable pest control solutions. These microorganisms work through specific modes of action, effectively targeting pests while reducing the impact on the environment and non-target species. They are formulated into various products, including microbial-based insecticides, fungicides, and nematicides.

For example, Bacillus thuringiensis (Bt), a well-known microbial insecticide, highlights the market's commitment to eco-friendly solutions. Bt produces insect-toxic proteins that specifically target certain pests without posing risks to humans, animals, or beneficial insects. Bt-based products, widely used in agriculture and mosquito control programs around the world, illustrate the market's shift toward sustainable pest management practices.

Asia Pacific's Biorational Pesticides Market Expected to Experience the Highest CAGR During the Forecast Period.

The Asia Pacific region is expected to experience the highest Compound Annual Growth Rate (CAGR) in the market from 2023 to 2028, driven by the increasing adoption of eco-friendly pest control solutions. Japan's "Organic Village" initiative, spearheaded by the Ministry of Agriculture, Forestry and Fisheries (MAFF), aims to boost the organic farming share to 25 percent by 2050. This initiative reflects a strategic push toward organic practices, likely fueling the demand for biorational pesticides in the region.

Similarly, China's “14th Five-Year Plan for National Economic and Social Development” underscores a growing focus on organic and sustainable agriculture. The plan highlights efforts to enhance green agricultural standards and strengthen certification for green food, organic products, and geographical indications. This commitment to eco-friendly farming is expected to increase demand for biorational pesticides in China, positively impacting the growth trajectory of the Asia Pacific market.

Top Biorational Pesticides Companies:

The key players in this include BASF SE (Germany), Bayer AG (Germany), UPL (India), FMC Corporation (US), Syngenta AG (Switzerland), Novozymes A/S (Denmark), Sumitomo Chemical Co., Ltd (Japan), Pro Farm Group Inc (US), Koppert (Netherlands), Valent BioSciences LLC (US), Gowan Company (US), Certis Biologicals (US), Biobest Group (Belgium), BIONEMA (UK), and Vestaron Corporation (US). 

Key Questions Addressed by the Biorational Pesticides Market Report:

  • Which are the major companies in the biorational pesticides market? What are their major strategies to strengthen their market presence?
  • What are the drivers and opportunities for the biorational pesticides market?
  • Which region is expected to hold the highest market share?
  • Which are the key technology trends prevailing in the biorational pesticides market?
  • What is the total CAGR expected to be recorded for the biorational pesticides market during 2023-2028?

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