Food Market : March 2020

Tuesday, March 31, 2020

Wheat Gluten Global Industry Analysis, Competitive Strategies, Forecast to 2024

Wheat Gluten Market Introduction

Wheat Gluten Market is plant-derived used in many applications like baking goods, bread, and biscuits, baking mixtures, frozen baked goods, breakfast cereals. Gluten is among the most complex protein networks and plays a key role in determining the rheological dough properties. Additionally, Wheat Gluten market is observing an exponential growth based on its high usage in the feed and bakery industry. The major types of Wheat Gluten available in the market include liquid and powder form type. The major share of Wheat Gluten market was witnessed in North America, which held 22.9% of market share in the year 2017.

Market Forecast

The Global Market for Wheat Gluten Industry has been experiencing high demand for the last few years and is projected to reach USD 4593.5 million by 2023 compared to USD 2866.1 million in 2017. The growing demand for gluten-fortified breakfast cereals, Non-food uses of gluten in feed industries, improving quality of feed and bakery products are expected to drive the Wheat Gluten market. Increased awareness about the Wheat Gluten has raised the bar for quality of feed and bakery products, which, in turn, has increased the market share of Wheat Gluten globally. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of Wheat Gluten in the global market.

Competitive Analysis

The Major Key Players In Wheat Gluten Market Are:

Cargill Inc. (U.S.)
Tereos (France)
AB Amilina (Lithuania)
Royal Ingredients Group (Netherlands)
Permolex International (Canada)
Pioneer Industries Limited (Punjab)
Meelunie (Netherlands)

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By Downstream Analysis

On The Basis Of The Form, The Wheat Gluten Market is categorized into liquid and powder. Among them, powder segment accounted for the highest market share of 75.11% in the year of 2017, and the segment is expected to reach USD 3541.7 million with registering a CAGR of 8.65% during the forecast period of 2017-2023.

On The Basis Of Application, The Wheat Gluten Market is categorized into Bakery & Confectionary, Supplements, animal feed and other application. Bakery & Confectionary segment is anticipated to account for the maximum market proportion in the global wheat gluten market over the forecast period of 2017-2023. The segment is projected to reach USD 2123.0 million by the end of 2023. However, supplements segment is projected to register the substantial growth rate of 6.33% during the forecast period 2017-2023.

Regional Analysis

Among the regions, North America is dominating the Wheat Gluten market with over 22.9% of the global market share and is projected to reach more than USD 1115.2 million by 2023. Europe is expected to grow at the highest rate followed by Asia Pacific over the forecast period. Moreover, North America is projected to witness the highest growth rate during the forecast period 2017-2023 in which the U.S. is expected to grow at the highest growth rate. In North America, the U.S. is dominating the market with a leading market share of 42.1% in the year 2017.

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Feed Acidifiers Industry Growth Driver, Industry Outlook, Competitive Landscape, Forecast to 2024

Market Overview

Increasing demand for animal feed products with high protein content is driving the growth of the feed acidifiers market. Furthermore, advance processing methods & technologies, and high opportunities in the developing countries are positively supporting the market growth. The market players are responding to these new opportunities by expanding their product offerings, which has boosted the share of feed acidifiers in the global market. Additionally, feed acidifiers market is observing an exponential growth based on its high usage in the feed industry.

The Global Feed Acidifiers Industry is projected to expand by increasing awareness regarding available health benefits to the animals from the feed acidifiers. Increased awareness about the feed acidifiers has raised the feed quality, which, in turn, has increased the share of global feed acidifiers market. In addition to the shifting eating pattern, increasing meat consumption, and the prevention of diseases in livestock are expected to drive the global feed acidifiers market.

Downstream analysis

The feed acidifiers market is segmented into type, livestock, and form.

Based on the type, it is segmented into formic acid, acetic acid, propionic acid, lactic acid, fumaric acid, citric acid, and others. Among all, the propionic acid segment is dominating the market.

Based on the livestock, it is segmented into swine, poultry, ruminants, aquatic animals, and others. Among all, the poultry segment is dominating the market.

Based on the form, it is segmented into dry, liquid, and others. The dry form segment is dominating the market due to its ease of handling and easy feed intake by animals.

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Competitive analysis:

The major players in the feed acidifiers market

BIOMIN Holding GmbH (Austria)
Kemin Europa NV (Belgium)
BASF SE (U.S.)
Novus International, Inc. (U.S.)
Corbion N.V. (the Netherlands)
Impextraco NV (Belgium)
Jefo Nutrition Inc. (Canada)
Kemira OYJ (Finland)
Perstorp Holding AB (Sweden)
Yara International ASA (Norway)

Regional Analysis

The global feed acidifiers market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The European region is dominating the feed acidifiers market followed by the Asia Pacific owing to rising population followed by increasing consumption of poultry and meat products in developing regions. Moreover, China is the major exporter of poultry and meat, which, in turn, drives the market of feed acidifiers in the Asia Pacific region.

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Key players in the feed acidifiers market are largely located in Europe. Additionally, key players are following the strategies of mergers and acquisitions with small players to expand their business in other regions due to increasing demand for nutritive feed, which, in turn, has uplifted the growth of feed acidifiers market.

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Feed Flavors and Sweeteners Type Market Developing Countries, Application, Sales, Driver, Region, Trends, Forecast to 2024

Market Overview

Feed flavors and sweeteners market are observing an exponential growth based on its increasing usage in the feed industry. Feed flavors and sweeteners are either naturally derived or synthetic additives used to enhance the taste, smell, and texture of feed. These feed additives decide the sensual impression of feed which, in turn, increases the feed uptake in animals. The major types of feed flavors & sweeteners available in the market include thaumatin, aniseed, citrus, milky vanilla, red fruits, saccharine, thaumatin, and others.

The Global Feed Flavors and Sweeteners Type Market are projected to propel by increasing awareness regarding available benefits to livestock animals from the feed flavors and sweeteners. Additionally, the feed flavors and sweeteners market are growing due to increasing meat & meat products consumption. Increased demand for feed flavors and sweeteners among the livestock holders is further pushing the market growth in a positive direction. In addition to rising meat consumption and improving quality of feed is likely to drive the growth of global feed flavors and sweeteners market.

Furthermore, advance processing methods & technologies, and high opportunities in developing countries are positively supporting the growth of the market. However, the high cost of processing techniques and raw materials may hamper the feed flavors and sweeteners market over the review period. The market players are responding to these new opportunities by expanding their product line, which has boosted the share of the feed flavors and sweeteners in the global market.

Downstream analysis

The global feed flavors and sweeteners market are segmented into type, form, and livestock.

Based on the type, it is segmented into feed flavors - thaumatin, aniseed, citrus, milky vanilla, red fruits, and others; feed sweeteners - glycyrrhicine, saccharine, thaumatin, and others. Among both, the feed flavors segment is dominating the market.

Based on the form, it is segmented into dry, liquid, and others. The dry segment is dominating the market.

Based on the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market.

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Competitive analysis

The major players in the feed flavors and sweeteners market

Kerry Group Plc. (Ireland)
Prinova Group LLC (U.S.)
Kemin Industries, Inc. (U.S.)
Solvay SA (Belgium)
Grupo Ferrer Internacional, S.A. (Spain)
Nutriad Holding BV (the Netherlands)
Norel S.A. (Spain)
Pancosma SA (Switzerland)
Biomin Holding GmbH (Austria)
Alltech, Inc. (U.S.)

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Regional Analysis

The global feed flavors and sweeteners market are segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the feed flavors and sweeteners market followed by North America owing to rising population followed by increasing consumption of poultry and meat products in the developing regions. Moreover, increased demand for feed additives such as flavors & sweeteners among the livestock holders is driving the market growth of feed flavors and sweeteners in the Asia Pacific region.

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Feed Binders Industry Opportunities, Industry Development, Trends, Size, Share, Forecast to 2023

Market Overview

Feed binders are either natural or synthetic element used to enhance the quality of the animal feed as well as nutritional properties. Feed binders market is observing an exponential growth based on its high usage in the feed industry. Feed binders help in improving the feed quality by keeping the individual feed components intact. Additionally, growing demand for high-quality animal feed and increasing awareness regarding livestock health among the livestock holder is driving the growth.

The Global Feed Binders Industry is projected to propel by increasing awareness regarding available benefits to livestock animals from the feed binders. Additionally, the feed binders market is growing due to increasing meat & meat products consumption. In addition to rising meat consumption, improving quality of feed, and industrialization of livestock farming are likely to drive the global feed binders market. Increased demand for feed binders to bind different feed components together into stabilized form is pushing the market growth in a positive direction.

Downstream analysis

The global feed binders market is segmented into type and livestock.

Based on the type, it is segmented into gums & starches, clay, hydrocolloids, gelatin, molasses, wheat gluten, and others. Among all, the clay segment is dominating the market followed by hydrocolloids.

Based on the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market based on increased consumption of poultry and meat products globally.

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Competitive analysis

The major players in the feed binders market

I. du Pont de Nemours and Company (U.S.)
Archer-Daniels-Midland Company (U.S.)
M. Huber Corporation (U.S.)
CP Kelco U.S., Inc. (U.S.)
Darling Ingredients Inc. (U.S.)
Roquette Freres S.A. (France)
Emsland-Starke GmbH (Germany)
FMC Corporation (U.S.)
Gelita AG (Germany)
Avebe U.A. (the Netherlands)

Regional Analysis

The global feed binders market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the feed binders market followed by North America owing to rising population followed by increasing consumption of poultry and meat products in the developing regions. Moreover, increased demand for superior quality animal feed with enhanced stability & functionality is driving the market of feed binders in the Asia Pacific region.

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Furthermore, the U.S. dominates the North American feed binders market. Increased demand for poultry products in the North American region is likely to boost the feed binders market over the forecast period. Additionally, the major key players are actively involved in the research & developments of the product for enhanced functionality.

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Friday, March 27, 2020

Agricultural Fumigants Industry Global Foresight, Emerging Trends, Competitors Analysis, Forecast To 2023

Agricultural Fumigants Market Overview

Agricultural Fumigants Market are used to get rid of pests. This method of pest control is utilized during both pre-harvest and post-harvest. In pre-harvest, fumigants are inserted into the soil to kill fungi, pests and other insects blocking the growth of plants. On the other hand, in post-harvest, it is used to prevent any damage to harvested crops from pests. The most commonly used agricultural fumigants include phosphine, methyl bromide, chloropicrin, metam sodium, 1, 3-Dichloropropene, and others which are available in solid, liquid and gaseous form.

Global Agricultural Fumigants Industry help in improving agricultural productivity by killing pests and weeds. Increasing population and growing demand for food has led to high agricultural productivity which is driving the growth of the agricultural fumigants market. Moreover, increasing crop losses post- harvest is boosting the growth of the market.

Competitive analysis

The major players in the Agricultural Fumigants Market

BASF SE (Germany)
The Dow Chemical Company (U.S.)
Nufarm Limited (Australia)
FMC Corporation (U.S.)
ADAMA Agricultural Solution Ltd (Israel)
Reddick Fumigants, LLC (U.S.)
Syngenta AG (Switzerland)

Downstream analysis

Agricultural Fumigants Market is segmented based on type into phosphine, methyl bromide, chloropicrin, metam sodium, 1, 3-Dichloropropene, and others. Among them, methyl bromide is holding a major share in the market. Phosphine is expected to gain substantial growth over the forecast period followed by chloropicrin.

Based on Application, Agricultural Fumigants Market is segmented into soil and warehouse. The warehouse segment is dominating the market and is expected to grow substantially over the forecast period.

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Regional Analysis

The Global Agricultural Fumigants Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is accounted to hold the highest share of agricultural fumigants. Europe is estimated to have a moderate expansion in the market share of agricultural fumigants.

Asia Pacific is witnessed to be the fastest growing region in Agricultural Fumigants Market. India and China which are two of the largest countries in terms of population are majorly contributing the growth of herbicides in this region. Latin America is anticipated to gain a moderate growth rate over the estimated period.

Market Segmentation

Agricultural Fumigants Market is segmented based on type, form, application, and region.

Agricultural fumigants market is segmented based on types such as phosphine, methyl bromide, chloropicrin, metam sodium, 1, 3-Dichloropropene, and others. Among them, the methyl bromide is holding a major share in the market followed by phosphine. However, owing to the great damage caused to nature from methyl bromide, it is being banned in many countries. On the other hand, phosphine is expected to gain substantial growth over the forecast period.

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Feed Additives Industry Worldwide Market Review, Overview, Trend, Forecast To 2023

Market Scenario

Feed Additives Market is expected to garner a revenue of USD 39,432.9 million by 2023, with a CAGR of 5.96% during the forecast period from 2017 to 2023. Augmenting preference towards healthy diet is considered to favor that market growth. Feed additives are considered as food supplements which are provided by the farmers to their animals in order to gain better yield and growth. Such food supplements comprise minerals, vitamins, nutrients, ions, proteins, and other valuable nutrients compared to natural feed.

Global Feed Additives Industry have gained prominence across the globe as they help to improve the quality and the quantity produced by the animals. With changing lifestyle, increasing preferences of the consumers towards natural products and healthy diet, and augmenting meat consumption are driving the feed additives market throughout the assessment period. The rapid increase in the global population and their rising health concerns coupled with the growing awareness regarding the benefits of feed additives are likely to foster the market growth globally.

Competitive Dashboard

The prominent players operating the global feed additives market are Alltech Inc. (U.S.), Evonik Industries (Germany), Cargill Inc. (U.S.), Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), Danisco A/S (Denmark), and Adisseo France SAS (France).

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Global Feed Additives Market: Segmental Analysis

The global feed additives market has been segmented based on type, form, and livestock.

By mode of type, the global feed additives market has been segmented into vitamins, amino acids, enzymes, carotenoids, acidifiers, prebiotics, lipids, minerals, and others. Among these, the amino acids type is estimated to dominate the global market and is predicted to hold a major share.

By mode of form, the global feed additives market has been segmented into dry and liquid. Among these, the dry segment is predicted to dominate the market, occupying a share of 87.45% as most of the additives used are available in dry form. Moreover, the high shelf life of the dry segment highly contributes to the market growth.

By mode of livestock, the global feed additives market has been segmented into swine, poultry, ruminants, and others. Among these, the poultry segment is predicted to dominate the market owing to the increasing demand for poultry especially in regions such as Latin America and the Middle East.

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Regional Insights

Geographically, the feed additives market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region is predicted to dominate the global feed additives market, while grabbing a major market share of 35.80%. China is considered to be a major contributor in this region, closely followed by India owing to the rapid urbanization and strong economic outlook. With the presence of a large livestock population, the market in this region is predicted to foster. Also, the increasing number of feed mills are influencing the market growth to a large extent. Additionally, lenient regulations also contribute towards the augmenting demand and thereby encourages the foreign players to invest. This makes the industry more competitive.

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Eubiotics Industry Product Types, Marketing Channel Development Trend Forecast To 2023

Eubiotics Market Overview

The Global Eubiotics Market is anticipated to be driven by the increasing health awareness towards livestock. Also, the advancement in product development coupled with the technological improvements is the significant reasons for the increasing growth of Eubiotics Market during the forecast period. Additionally, the market players are responding to these new opportunities by expanding their service offerings, which has fueled up the share of eubiotics as a feed additive in the global market.

Global Eubiotics Industry are feed additives that contain prebiotics, probiotics, organic acids and essential oils. It is used to enhance the functionality of feed. Eubiotics help in improving micro-floral conditions of the gut and increasing the lactose tolerance limit, consequently supporting in healthy growth of the animal.

Downstream Analysis

Eubiotics are segmented based on type, which includes probiotics, prebiotics, and others. Among all, the probiotics segment holds the major market share owing to its high efficacy.

Based on form, the Eubiotics Market is segmented into dry and liquid. Liquid eubiotics can be easily mixed in the feed; this makes it more convenient for the livestock to consume.

Based on function, the Eubiotics Market is segmented into gut & digestive health, general health & wellness, immunity, and others. Among all the functions, gut & digestive health is dominating the market because of its micro-floral support to the animals to combat against diseases.

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Based on the livestock, the market is segmented into poultry, swine, ruminants, aquatic, and others. In this segment, poultry is dominating the market owing to high protein content in eubiotics which increases the growth rate of poultry birds.

Competitive Analysis:

The major players in Eubiotics Market

I. du Pont de Nemours and Company (U.S.)
Koninklijke DSM N.V. (the Netherlands)
Cargill Inc. (U.S.)
BASF SE (Germany)
Novozymes A/S (Denmark)
Chr Hansen Holding A/S (Denmark)
Calpis Co., Ltd. (Japan)
Kemin Industries, Inc. (U.S.)
Lallemand Inc. (Canada)
Behn Meyer Holding AG (Germany)

Regional Analysis

The global Eubiotics Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global Eubiotics Market. The foremost reason for this growth is increasing awareness regarding livestock health in this region. Additionally, increased consumption of eubiotics associated with gut health support in the developed counties like Germany, France, the U.S., Canada and Mexico is expected to uplift the global Eubiotics Market over the review period.

However, in Asia Pacific region, mainly emerging economies including China, India, and Indonesia is estimated to witness a maximum growth in the global Eubiotics Market over the forecast period 2017-2023.

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Rendered Products Industry Segment Analysis and Opportunity Assessment, Size, Share, Trends, Forecast To 2023

Market Overview

Rendering is a process of converting fatty tissues, bones, offal or an entire carcass of animals into purified fats, for instance, lard or tallow. The most common animal sources of rendering products are beef, pork, sheep, and poultry. Rendered products are used in various industries such as fertilizers, cosmetics, biofuel, animal feed, food industry, and others. Rendered fats are major source of proteins, amino acids, vitamins, and essential minerals in livestock feeding. Moreover, it adds vital elements in fertilizers for plant growth.

Rendering process is a best method for animal disposal, which converts waste animal parts into stable, and value-added materials. Application of rendered products in various industries such as cosmetics, fertilizers, animal feed, biofuel, food industry and others is driving the market growth of rendered products. Moreover, increasing focus on providing healthy feed to livestock is adding fuel to the growth of Rendered Products Industry Segment.

Furthermore, government focus on clean energy and high demand for biofuel consumption boost the rendered products market. However, raw materials in rendering process are susceptible to spoilage, which may restrain the growth of the rendered products. Nevertheless, all these factors projected to contribute to the estimated CAGR of 2.7% of rendered products during the forecast period 2017-2023.

Downstream Analysis

Based on sources, rendered products are segmented as beef, pork, sheep, poultry, and others. Among all, the beef segment is projected to be dominate the market owing to its beneficial attributes and applications in various industries including animal feed, cosmetics, biofuel, and others.

Based on application, the animal feed industry is witnessing dominance over other industries. However, fertilizer segment has been observing a steady growth from the last few years.

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Competitive Analysis

The major key players in the rendered products

Tyson Foods Inc. (U.S.)
JBS USA Holdings Inc. (U.S.)
Valley Proteins Inc (U.S.)
National Renderers Association. (U.S.)
West Coast Reduction Ltd. (Canada)
Smithfield Foods Inc. (U.S.)
(France)

Growing focus on R&D is increasing the application of animal by-products in various industries. Moreover, government regulations supporting clean energy have opened the doors for the new entrants in this industry, which may hamper the growth of existing players in the market. However, rendered products market will project an overall growth in the forecast period.

Regional Analysis

The global rendered products is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is projected to dominate the market followed by Europe. In North America, the U.S. is the major contributor to the rendered products market.

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Furthermore, rising number of meat industries is examining a moderate growth in Asia Pacific. Also, leading livestock and meat processing countries like Argentina, Australia, Brazil, Uruguay, and New Zealand are expected to achieve a steady growth in the forecast period. All these factors expected to contribute to the estimated CAGR of 2.7% of rendered products during the forecast period 2017-2023.

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Organic Feed Additives Market By Application, Global Industry Review, Research, Statistics, Size, Share, Growth To 2024

Market Scenario

Organic Feed Additives Market is expected to reach USD 17.2 Billion by 2024 and is expected to register 5.2% CAGR during the forecast period. Organic feed additives are edible substances, which are used to boost the quality of animal nutrition as well as properties of animal fodder to improve gut health, palatability preservation, and others. It is experiencing a high demand because of its nutritional as well as extra micro nutritional attributes and rising meat consumption globally. High nutritional benefits obtained from organic feed additives are also supporting the sale of organic feed additives globally.

The global market for Organic Feed Additives Market By Application is expected to continue its growth over the forecast period due to rising meat consumption globally and increasing health awareness as well as health benefits to farm animals in recent years. Since organic feed additives market’s growth is directly proportional to the scope of innovation due to highly competitive market, key players are investing in R&D for the innovating product lines. Moreover, leading players are also investing in partnership with various feed additive associations and industrial bodies as the primary focus area to grow the consumer base.

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This report includes the study of strategies such as mergers and acquisitions, new product launches by the major organic feed additives market players. It further includes product portfolios, developments of leading major players, which includes Ý MOŠT S.R.O.

Evonik Industries AG (Germany)
Archer Daniels Midland Company (U.S.)
Cargill, Incorporated (U.S.)
Hansen Holding A/S (Denmark)
Adisseo (France)
BASF SE (Germany)
Invivo NSA (France)

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The global organic feed additives market is highly concentrated in Asia Pacific because of its abundance in raw materials as well as technical know-how. Key manufacturers are focusing on expanding their product lines by providing various product lines with the various flavors, combinations, and attractive packaging.

The global organic feed additives market is segmented on the basis of product types, such as acidifiers, antioxidants, antibiotics, amino acids, enzymes, binders, and others. On the basis of nutrients such as minerals, vitamins, and others. On the basis of livestock type, such as aquatic animals, poultry, swine, and others. On the basis of form, such as dry, liquid, and others. On the basis of certifications, such as 100% organic, and 95% organic, and region.

This report provides insights to various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps to study the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global organic feed additives market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore, the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Sauces Market By Application, Segments, Competitive Landscape, Demand Analysis, Size, Share, Forecast – 2024

Sauces Market Analysis

The Global Sauces Market is predicted to touch USD 80 billion at a 5.1% CAGR between 2019-2024, reveals the latest Market Research Future (MRFR) report. A sauce, simply put, is a semi-solid, cream, or liquid food used to prepare or served on other foods. Mostly they are consumed by themselves, and help to add moisture, flavor, and visual appeal to a dish. Different types of sauces are available in the market, such as ketchup, barbecue sauces, soy sauces, hot sauces, mustard sauces, and others. Sauces can be used for savory or sweet dishes. It plays a big role in maximizing flavor in the food.

Various factors are propelling the Sauces Market By Application growth. These factors, as per the new Market Research Future (MRFR) report, include increasing preference for international flavors and ethnic cuisines by consumers, growing popularity of home cooking, demand for convenience, and customized packaging for sauces by various food processors, and advancements in organized retail stores and e-commerce. Additional factors pushing market growth include busy lifestyle, demand for easy to cook sauces that offer a new flavor, growing demand for new flavor and products having enhanced shelf life, rapid urbanization and globalization, availability of multiple flavor enhancer sauces, technological advancements in the food industry, demand for different dry and wet sauces, adoption of multi-cuisine cooking habits, and customers changing eating habits.

Key Players

Major players profiled in the Sauces Market report include The Kraft Heinz Company (US), Unilever PLC (UK), Northwest Gourmet Foods (US), Nestle S.A.(Switzerland), McCormick & Company, Inc. (US), Hain Celestial (US), Orkla ASA (Norway), ACH Food Companies, Inc. (US), Quattro Foods (UK), Concord Foods, LLC (US), The Kroger Co. (US), CSC BRANDS, L.P.(US), Conagra Brands, Inc. (US), The Clorox Company (US), OTAFUKU SAUCE Co., Ltd. (Japan)

Industry News

October 2019: Barilla has launched a new line of pasta sauces, Vero Gusto. These include scallion herb, Calabrian marinara, tomato and basil, and heritage marinara. These sauces come with new ingredients to spark creativity with Italian tomatoes and are non-GMO verified.

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Market Segmentation

The MRFR report provides an all-inclusive segmental analysis of the Sauces Market based on distribution channel, packaging, and type.

Based on Type, the Sauces Market is segmented into ketchup, barbecue sauces, soy sauces, hot sauces, mustard sauces, and others. Of these, the hot sauces segment will have the largest share in the market over the forecast period chiefly due to its growing demand from the foodservice industry.

Based on Packaging, the Sauces Market is segmented into pouches and sachets, bottles and jars, and others.

Regional Analysis

By region, the Sauces Market report covers the latest trends and growth opportunities across Europe, the Asia Pacific, North America, and the Rest of the World. Of these, Europe will have the lion’s share in the market over the forecast period. This is chiefly on account of the growing demand for ethnic cuisines and quick food recipes.

The Sauces Market in the APAC region is predicted to grow at the highest CAGR over the forecast period. This is chiefly on account of a huge consumer base in the region. International market players are providing different types of sauces with various flavors, thereby giving consumers multiple options to select from.

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Wednesday, March 25, 2020

Oilseeds Market Trends, Comprehensive Analysis, Drivers, Top Key Players, Forecast to 2024

Market Scenario

Oilseeds are the seeds used to cultivate oil crops such as sunflower, soybean, canola, and cotton. The seeds, fruits, or nuts of these oil crops are either consumed directly as food or crushed to extract oil for the food, biofuel, oleochemicals, and other industries. Owing to the continuous increase in demand for oilseed extracts, farmers are investing in the production of oil crops with high-quality oilseeds.

The demand for oilseeds is mainly driven by the growing demand for vegetable oils in the increasing number of households. Moreover, the rising need for biofuels in developing as well as developed countries is triggering the growth of the global oilseeds market. To fulfill the ever-growing demand for oil across the globe, farmers are inclining toward adopting genetically modified oilseeds to increase yield.

Key Players

Some of the key players in the global oilseeds market are BASF SE (Germany), Monsanto Company (US), Groupe Limagrain Holding (France), Syngenta (Switzerland), DuPont (US), Nuziveedu Seeds Ltd (India), Land O'Lakes, Inc. (US), Cargill, Incorporated (US), Seed Co Limited (South Africa), and Mahyco Seeds Company Limited (India)

Regional Analysis

Based on region, the global oilseeds market has been segmented into North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global oilseeds market with the US being the major contributor to the growth of the market. Moreover, the growing adoption of genetically modified seeds by US farmers is expected to fuel the growth of the North American market during the review period. Asia-Pacific also held a significant share of the global oilseeds market in 2018 and the regional market is expected to register the highest CAGR during the forecast period. The growing demand for vegetable oil and increasing demand for soymeal in the feed industry are driving the growth of the oilseeds market in Asia-Pacific. Europe is also estimated to hold a prominent share of the global oilseeds market. In the rest of the world, Brazil is expected to hold the majority share of the oilseeds market.

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Intended Audience

Oilseed Processors
Oil Crop Growers
Biofuel Manufacturers
Government Associations and Agencies
Traders, exporters, and importers

Market Segmentation

The global oilseeds market has been segmented based on category, oilseed type, biotech trait, and region.

By category, the global oilseeds market has been classified as conventional and genetically modified.

Based on oilseed type, the global oilseeds market has been divided into soybeans, sunflower seed, cotton seed, canola seed, and others.

The global oilseeds market has also been segregated, on the basis of biotech trait, into insecticide-resistant, herbicide-tolerant, and other stacked traits.

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Macadamia Nuts Market Global Industry Analysis, Size, Share, Recent Trends, Development Forecast to 2023

Macadamia Nuts Market Overview

Macadamia nuts contain minerals, amino acids, vitamin B-complex, and trace elements. They are mainly used in various food products such as frozen desserts, bakery products, and snacks. Macadamia integrifolia oil has a similar composition to olive oil and contains about 58% monounsaturated fatty acids and is thus considered healthy due to the low cholesterol content. The oil also maintains the balance between omega-6 and omega-3 fatty acids, thereby maintaining proper blood circulation. Macadamia nuts and oils are also used in the manufacture of personal care products due to their high vitamin content. Thus, the demand for macadamia nuts is soaring globally.

Asia-Pacific is expected to be the largest Macadamia Nuts Market during the review period owing to the presence of leading food producers in the region. Australia is one of the main commercial growers of macadamia nuts, producing more than 40,000 tons per year. The nuts are enriched with healthy lipids, vitamins, minerals, and protein. Therefore, macadamia nuts are not only used for culinary purposes, but also in personal care products as the oil protects the skin, lips, and hair from moisture loss.

The North American market is projected to register the highest growth rate during the forecast period owing to the increasing awareness regarding the health benefits of macadamia nuts. Enriched with iron, potassium, magnesium, calcium, manganese, niacin, and thiamin, macadamia nuts contain nutraceutical compounds, including tocopherols; they also have antioxidant properties that aid in maintaining blood pressure and preventing chronic diseases.

The market in the rest of the world includes South America, the Middle East, and Africa. Africa and the Middle East are major markets for macadamia nuts. The growth of the market in the rest of the world can be attributed to the growing food & beverage industry and rising demand for high-quality nuts for their taste and flavor.

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The Global Macadamia Nuts Market has also been segmented based on type, category, application, and region. By type, the global macadamia nuts market has been segmented into whole, halves, whole and half blends, chips, and others. The whole segment is expected to account for the largest market share owing to the easy availability and high use of whole macadamia nuts in various food products such as chocolates, biscuits, cakes, and ice cream. The segment is also expected to register the highest growth rate during the review period.

Based on category, the global macadamia nuts market has been segregated into organic and conventional. The conventional segment accounted for the larger market share in 2017 owing to the widespread availability and lower prices of conventional nuts as compared to organic nuts. However, the organic segment is projected to register the highest growth rate during the forecast period due to changing consumer preferences.

Key Players

Some of the key players in the global Macadamia Nuts Market are Alimentos Selectos S.A. (Guatemala), Hamakua Macadamia Nut Co Inc. (US), Royal Macadamia (Pty) Ltd (South Africa), Golden Macadamias (South Africa), Kenya Nut Company Ltd (Kenya), Mauna Loa Macadamia Nut Corp (US), MacFarms (US), Nambucca Macnuts Pty Ltd (US), MWT Foods Australia (Australia), and Wondaree Macadamias (Australia).

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Seeds Market Revenue Estimates, Key Competitors, Size, Specification, Regional Outlook, Forecast to 2023

Market Highlights

The need to increase food production, surge in usage of animal feed and biofuel, and agriculture modernization are the factors expected to drive the growth of the market.

Based on type, the global seeds market has been segmented into GM seeds and Non-GM seed. GM seeds segment is anticipated to gain the largest revenue share in the global seeds market and shall maintain lead throughout the forecast period. The demand of GM seeds is increasing, due to characteristics such as higher yield, faster growth, and pest & disease resistance. This is a crucial determinant that is catalyzing the growth of GM seeds segment in the global seeds market. The same segment is expected to grow with the highest growth rate owing to the increasing demand by the food and beverage industry.

The Global Seeds Market has been segregated, by category, into organic and conventional. The conventional segment is expected to garner major share in the global seeds market owing to the huge availability of conventional seeds. However, the organic segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards organic products.

The global seeds market is been classified, by seed treatment, into treated and non-treated. The treated segment is expected to gain largest share, owing to the increasing awareness towards the benefits such as reduced environmental impact and cost effective. Seed treatment aids in early plant growth and maximize seedling establishment. Thus, these factors are expected to drive the treated seed market.

The global seeds market has been segregated, by trait, into herbicide-tolerant, insecticide resistant, and others. The herbicide-tolerant segment is expected to generate higher revenue, as herbicide-tolerant crops consistently provide better yields than conventional crops.

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Regional Analysis

The global Seeds market has been segmented based on region, into North America, Europe, Asia-Pacific, Rest of the World.

Asia-Pacific is expected to dominate the global seeds market owing to increasing demand in the developing countries such as India, China and others. The number of populations is increasing in these countries of Asia-Pacific, due to which national and international associations and government are supporting the farmers to increase the agriculture production of grains, vegetables and fruits.

North America seeds market is expected to grow at a rapid pace due to growing demand for raw material by food and beverage industry. Moreover, Europe and RoW is also expected to project a significant market share owing to the increasing investments by the government in agricultural research.

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Key Players

Some of the key players in the global seeds market are Bayer AG (Germany), DowDuPont Inc. (France), Monsanto Company (US), Syngenta AG (Switzerland), Groupe Limagrain (France), Land O'Lakes, Inc. (US), KWS SAAT SE (Germany), Maharashtra Hybrid Seeds Co. (India), Sakata Seed Corporation (US), Gansu Dunhuang Seed Co., Ltd (China).

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Microencapsulated Pesticides Market Size, Share, Sales, Drivers, Future Growth, Forecast to 2024

Market Scenario

The Global Microencapsulated Pesticides Market is expected to register a CAGR of 12.34% from 2019 to 2024 and reach USD 712 million by the end of 2024.

Microencapsulated pesticides are chemical fertilizers enclosed in a protective layer made of starch, plastic, or some other material. These pesticides are used for localized spraying of pesticides against targeted pests, insects, fungus, and weeds. It is available to plants as per requirement and to avoid toxic effects of pesticides on environment and human beings. There is a surging demand for microencapsulated pesticides as conventional pesticides reduce the soil fertility and have adverse effects on plant growth.

The Global Microencapsulated Pesticides Market has been categorized on the basis of product, crop type, technology, application, and region. Based on product, the global microencapsulated pesticides market has been segmented into herbicides, insecticides, fungicides, rodenticides, and others. The insecticides segment dominated the global market in 2017 due to significant adoption rate and easy degradability. In addition to this, low leaching property of the product and major companies focusing on the development of insecticides formulation through R&D activities further drive the market growth. The herbicides segment is projected to grow at a healthy CAGR in the coming years due to surging demand for the product in controlling weed growth.

Market Segmentation

The global microencapsulated pesticides market has been categorized based on product, crop type, application, technology, and region.

By product, the global microencapsulated pesticides market has been classified into herbicides, insecticides, fungicides, rodenticides, others.

Based on crop type, the global microencapsulated pesticides market has been divided into cereals and grains, oilseed and pulses, fruits and vegetables, turf and ornamental.

Based on technology, the global microencapsulated pesticides market has been segmented into physical, chemical, physio-chemical, and others. The physical segment is further classified into centrifugal extrusion and vibrational nozzle. The chemical segment is further bifurcated into polymerization and interfacial polycondensation. The physio-chemical segment is further divided into ionotropic gelation and supercritical fluid precipitation.

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Regional Analysis

The European market held the largest market share in 2017 and is projected to grow at the highest CAGR in the coming years owing to government initiatives on consumption of controlled spraying of pesticides and increased focus on product innovation. Germany is the major contributor in the region owing to ban on certain toxic pesticides and due to the presence of major companies such as Bayer AG and BASF SE serving microencapsulated pesticides in nearby countries. Austria, France, Belgium, and Italy are other regions contributing to regional market growth.

Competitive Analysis

ECOSAFE NATURAL PRODUCTS INC. (Canada), Syngenta (Switzerland), Monsanto Company (US), FMC Corporation. (US), ADAMA (Israel), BASF SE (Germany), Bayer AG (Germany), BotanoCap (Israel), Reed Pacific Pty Limited (Australia), Arysta LifeScience Corporation (US), McLaughlin Gormley King Company (US), GAT Microencapsulation (Austria), and Belchim Crop Protection (Belgium) are some of the key players operating in the global microencapsulated pesticides market.

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