Plant Activators Industry Insights and Opportunity Evolution, By Size, Share, Future Trends, Forecast to 2024

Market Scenario

Plant Activators of biological or chemical origin are substances that help in triggering the defense system in plants during biotic or abiotic stress conditions. The global plant activators market is expected to garner a revenue of USD 880 million by 2024 with a CAGR of approximately 6% during the forecast period of 2019–2024. The major determinant driving the market growth of plant activators is the significant loss of crop production due to various biotic and abiotic stress conditions such as pest attack, drought, heat, and fungal and bacterial diseases. The evolution of farming technologies, along with the increasing adoption of integrated pest management practices are also catalyzing market growth. A surge in the sales of plant activators across the globe can also be attributed to the increasing farm expenditure, especially in the developed nations.

Market Segmentation

The global Plant Activators Market has been segmented based on source, form, crop type, mode of application, and region.

Based on source, the market has been segmented into biological and chemical. Biological plant activators offer benefits such as improved crop efficiency, improved nutrient concentration in soil, enhanced growth and yield to plants, and effective insect and pest control. Also, they are less expensive than chemical plant activators. The price of chemical plant activators is rising due to research and development carried out to increase the arability of soil, whereas, biological plant activators offer high yield and with minimal impact on the environment. This accounts for the growth of the biological plant activators segment during the forecast period.

Based on form, the global plant activators market has been classified as granules, solutions, and powders. The use of a form of plant activator depends on the crop; however, the use of solutions in the form of foliar sprays has been increasing in recent years due to ease of application.

Based on crop type, the market has been segmented into fruits and vegetables, cereals and grains, oilseeds and pulses, and turf and ornamentals.  Cereals and grains are expected to be the leading segment during the forecast period due to the high consumption of rice and wheat across the globe.

Competitive Analysis

Some of the prominent players in the global market of plant activators are Syngenta (Switzerland), Isagro (Italy), Plant HealthCare (US), Alltech (US), Arysta Lifescience Corporation (US), Nihon Nohyaku Co. Ltd (Japan), Meiji Holdings Co. Ltd (Japan), Certis USA LLC (US), Gowan Company (US), Eagle Plant Protect Private Limited (India), Futureco Bioscience SA (Spain), NutriAg Inc. (Canada).

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Regional Analysis

The market has been segmented with respect to five regions—Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. The European market held the largest share of the global market in 2017 and is expected to grow at a significant rate during the forecast period. Asia-Pacific is projected to be the second largest and fastest-growing market during the review period. The North American market is expected to showcase moderate growth, while the markets in Latin America and the Middle East & Africa are expected to grow steadily during the forecast period.

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Wheat Gluten Market Impressive Growth, Booming Share, Size, Sales Volume, Regional Overview By 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 Market 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) 

By Downstream Analysis

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.

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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 Antioxidants Market Analysis 2020 Size, Sales Volume, Share, Future Investments, Forecast to 2024

Market Overview

Feed antioxidants market is observing an exponential growth based on the high use in the feed industry. Additionally, the feed antioxidants market is growing due to increasing meat & meat products consumption. Moreover, growing demand for high-quality animal feed and increasing awareness regarding livestock health, among livestock holders, is driving the growth of global feed antioxidants market.

The Global Feed Antioxidants Market is anticipated to boost with the rise in awareness regarding available benefits to livestock from the feed antioxidants. Additionally, increased demand for feed antioxidants from the bulk feed manufacturers to overcome the effect of feed oxidation is pushing the market growth. The developing economies of the Asia Pacific region, are witnessing a high demand for feed additives such as feed antioxidants, owing to high demand for meat and meat products.

Downstream analysis

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

By type, it is segmented into beta hydroxy acid, butylated hydroxytoluene, ethoxyquin, and others. Among all the types, the beta hydroxy acid segment is dominating the market.

By 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.

Competitive analysis

The major players in the feed antioxidants market:

• Cargill Inc. (U.S.)
• I. du Pont de Nemours and Company (U.S.)
• Alltech, Inc. (U.S.)
• Adisseo France SAS (France)
• Danisco A/S (Denmark)
• Koninklijke DSM N.V (the Netherlands)
• Kemin Europa NV (Belgium)
• Perstorp Holding AB (Sweden)
• Novus International, Inc. (U.S.)
• Nutreco N.V. (the Netherlands)

Regional Analysis

The global feed antioxidants market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the feed antioxidants market, followed by North America. Increasing livestock diseases, growing health awareness towards feed antioxidants, and increased consumption of meat products have surged the demand for feed antioxidants. Moreover, increased demand for superior quality animal feed is driving the market of feed antioxidants in the Asia Pacific region.

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Furthermore, U.S. dominates the North America feed antioxidants market. Increased demand for meat products in North America is likely to boost the feed antioxidants market over the forecast period. Additionally, the major key players are actively involved in the research & development to enhance the product functionality.

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Phytosterols Market Report 2020: Global Opportunity Analysis, Business Strategies, Trends, Forecast to 2023

Phytosterols Market Overview

Growing demand for supplements and food products prepared from plant sources useful for preventing cardiovascular diseases, obesity, and other body weight-related disorders has uplifted the demand for phytosterols. Among all, the beta-sitosterol is being a majorly used ingredient in the preparation of food and supplements. Increasing prevalence of diseases, for instance, cardiac arrest, artery blockage, obesity, and many others has increased the application of phytosterols in various industries such as dietary supplements, pharmaceuticals, and functional food & beverages. Phytosterols Market help in reduction and management of body weight and prevent disorders like cardiovascular diseases, obesity, and unnecessary body fat deposition. Continuously increasing obesity and other body weight related issues across the globe have turned up an opportunity for supplements and functional food and beverage industry to include plant-derived ingredients in their products, which is driving the growth of the phytosterols market.

Key manufacturers are emphasizing on new product development in order to enhance the customer base. Apart from that, the key players are promoting their products through advertisements in television and social media, which, in turn, is escalating the phytosterols demand. The global phytosterols market is expected to grow at a CAGR of 8.7% during the forecast period, 2017-2023. 

Downstream analysis

The Global Phytosterols Market Is Segmented into Type and Application.

Based on the type, it is segmented into beta-sitosterol, campesterol, stigmasterol, and others. Among all, the beta-sitosterol segment is dominating the market.

Based on the application, it is segmented into food products, pharmaceuticals, supplements, cosmetics, and others. Among all the applications, the food products segment is dominating the market owing to rising demand for phytosterols in various food preparations.

Key Players

The Major Players in The Phytosterols Market

• Cargill Inc. (U.S.)
• Archer-Daniels-Midland Company (U.S.)
• BASF SE (Germany)
• Bunge Ltd. (U.S.)
• I. du Pont de Nemours and Company (U.S.)
• Raisio Plc. (Finland)
• Pharmachem Laboratories, Inc. (U.S.)
• Gustav Parmentier Handeslgesellschaft GmbH (Germany)
• Arboris, LLC (U.S.)
• Danone (France)

Regional Analysis

The Global Phytosterols Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global market followed by North America. Europe is accounted for a greater consumption of phytosterols in supplements and food preparations owing to increasing rates of obese population and other cardiovascular diseases. Additionally, the high demand for phytosterols in functional food & beverages industry is a significant driving factor in this region.

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Furthermore, owing to increasing consumer awareness and high demand for functional food & beverages supplemented with plant-derived products in Asia Pacific countries such as India and China, the phytosterols market is expected to grow at a steady pace. However, stringent regulations in the developed economies of North America and Europe region are expected to restrain the market growth in these regions.

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Allergen Free Food Products Market Manufacture Size, Revenue, Research Report Forecast to 2023

Market Scenario

Allergen Free Food Products have moved from specialty item to mainstream in a very short span of time. Furthermore, increasing incidence of Celiac diseases (gluten-sensitive enteropathy) is driving the growth of gluten-free food products which in turn boosts the growth of allergen free food products market. Moreover, lactose intolerance is observed among every third individual, usually in the developed countries which is boosting the growth of lactose-free food products further.

Rising cases of allergies and sensitivity towards certain food ingredients is driving the growth of the Allergen Free Food Products Market at a global level. Many individuals are allergic to gluten, lactose or unable to consume high calorie products due to diabetes which has influenced the food manufacturers to produce allergen free food products. 

Segmentation

On the basis of type, allergen free food products is segmented into gluten-free, lactose-free, diabetes food, and others. Among all, lactose-free segment is dominating the market followed by gluten-free segment. However, increasing cases of diabetes among the population is driving the growth of diabetes food products market over the forecast period.

Based on the packaging material, allergen free food products market is segmented into glass, plastic, metal, paper, and others. Among all, paper and plastic segment are witnessed to be the fastest growing segments.

Based on distribution channel, allergen free food products market is segmented into store based and non-store-based distribution channel. Among them, store-based distribution channel is dominating the market. Availability of a wide range of products followed by convenience of finding all products under one roof is driving the growth of this segment.

Regional Analysis

The global allergen free food products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Growing cases of diabetes and lactose intolerance among the U.S. population is majorly driving the growth of allergen free food products market in this region. In Europe

North America is dominating allergen free food products market and is expected to have a substantial growth over the forecast period 2017-2023. The U.S. is a major contributor to the growth of the allergen free food products market. According to the American Diabetes Association, 9.4% of the U.S. population are diabetic patient which is boosting the growth of allergen free food products market in this region. Moreover, the U.S. holds about 25% of the global lactose intolerants which makes it a major market for lactose free products. Growing health conscious population is another factor supporting the growth of allergen free food products in this region. All these factors will lead to the growth of North America market at a CAGR of 9.3% during the forecast period 2017-2023.

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Key Players

Some of the key players profiled in the global allergen free food products market are Abbott Laboratories (U.S.), Nestle (Switzerland), Danone SA (France), General Mills (U.S.), Kellogg Co. (U.S.), Kraft Heinz Company (U.S.), Mead Johnson Nutrition Company (U.S.), Boulder Brands, Inc. (U.S.)

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Feed Binders Market Business 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 Market 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.

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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Food Flavors Market Estimated A Phenomenal Growth, Trends, Region, Size, Share, Forecast To 2024

Market Synopsis of Food Flavors:

The Global Food Flavors Market size is projected to reach approximately USD 18.51 billion by 2024 and is expected to register 4.2% CAGR during the forecast period, 2019–2024.

The Global Food Flavors Market is anticipated to be driven by the mounting growth of disposable income of the consumers and increasing middle income population group in the developing economies which in turn accelerates the sales of food flavors during the forecast period of 2017-2023. Moreover, ready to cook such as noodles and pasta and confectionery products has been performing extremely well over the last few years which is anticipated to be one of the significant factors of the rising growth of food flavors. Also, ready to eat food manufacturers are coming up with various new food products in a different flavor that in turn escalates the sales of flavors soon. Also, food flavor manufacturers can penetrate their business into developing economies of Asia Pacific in order to enhance the overall revenue of the company.

Key Players

The key players profiled in the food flavors market are Givaudan SA (Switzerland), Firmenich SA (Switzerland), International Flavors & Fragrances Inc. (U.S.), Symrise AG (Germany), Takasago International Corporation (Japan), Wild Flavors, Inc. (U.S.), Mane SA (U.S.), Sensient Technologies Corporation (U.S.)

Intended Audience

• Food Flavors manufacturers
• Raw material suppliers
• End users (food industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers and exporters

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Key Findings:

• Europe dominates the food flavors market followed by North America
• Asia Pacific is projected to witness a massive growth during the forecast period of 2017-2023. China and India is estimated to create a favorable environment for the increasing growth of Asia Pacific region.

Segmentation

The Global Food Flavors Market has been segmented based on origin, type and application

• Based on origin, the market is segmented into natural and chemical/synthetic.
• Based on type, it comprises of chocolate, vanilla, fruits & nuts and others.
• Based on application, the market is segmented into bakery & confectionery, dairy & frozen products, savory & snacks and others.

Regional Analysis

Global Food Flavors Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, Europe is estimated to retain its dominance throughout the forecast period of 2017-2023. The increasing consumer awareness towards anti-aging products and healthy drinks are one of the significant reasons for the rising growth of food flavors products in the European market over the last decade. North America is estimated to account for above 25% of market proportion during the review period of 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global food flavors market during the forecast period of 2017-2023.

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Organic Soymeal Market Regional Analysis, Type, Application, Growth, Trends, Outlook, Segmentation, Forecast To 2022

Market Insights

Soy has increasingly become a vital crop in agriculture due to its diverse use in the food & beverage industry. Soymeal or soybean meal is used in both human and animal food production. In animal feed, soymeal is a principal protein supplement which also behaves as a source of energy. Soymeal is a leftover product from the extraction of soybean oil. The soymeal is often treated to denature certain elements to promote protein digestion without issue in animal husbandry. Roughly 98% of soymeal is used as animal feed with the remaining being used for soy flour and other products which are consumed by humans. Market Research Future has spent valuable resources in toward the study of the global Organic Soymeal Market  the findings of which reveal the growth of the global market at a CAGR of 17.98% during the forecast period between 2016 and 2022. The global organic soymeal market is on track to reach an estimated evaluation of USD 623.31 Mn by the end of 2022.

Key Players

Soni Soya Products Pvt Ltd, Sapthsathi Organic Agriculture project (S.O.A.P.), Perdue Farms, Pilgrim's Pride, Grain Millers Inc., AFG Brasil S/A, and Tyson Foods Inc. are among the noted market players that have been included in MRFR's review of the global organic soymeal market.

Market Segmentation

The global organic soymeal market has been segmented based primarily on application, and region in MRFR's detailed report. Applications of soymeal have been segmented to include human food and animal food. The human food application of organic soymeal has captured the largest share of the market at a share of more than 95%. This is primarily due to the increasing health consciousness among consumers combined with a resulting focus on organic products. The importance of organic animal feed has also resulted in rapid growth for the animal feed segment over the assessment period.

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Regional Analysis

With regards to both market value and volume, the Asia Pacific has captured more than 35% of the global organic soymeal market. As such, the APAC region has acquired a leadership role in the global market with a projected CAGR of 18.15% during the review period. The APAC market will approximately reach a market value of more than USD 200 Mn by the end of 2022. The region has a substantial production volume of soybean in the market. The region has also been displaying an increasing demand for organic ingredients in animal feed, thus driving the market. Latin America is expected to witness a high rate of growth over the forecasted period at 18.25% during the assessment period. The region has a large animal husbandry industry and is a significant meat eating region where organic animal feed is receiving increasing attention.

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Protein Supplements Market Product Types, Marketing Channel Development Trend Forecast To 2025

Market Introduction

The Global Protein Supplements Market is projected to grow with a significant growth rate of 6.87% from 2018 to 2023 and reach a market value of USD 14.50 billion by the end of 2023.

Protein Supplement are dietary supplements which provide energy and high protein content to the body. Protein supplements are produced by extraction of protein majorly form plants and animals.  Based on the protein content and form, the protein supplement varieties are segregated. They contribute to a proper balanced diet and enhances the body metabolism. Protein supplements are vital nutraceutical products and are consumed mainly by the athletes and health conscious consumers to enhance the body muscles thereby increasing the rate of metabolism. The high health benefits obtained from protein supplement will fuel up its market during the forecast period.

The global market for Protein Supplement Market has witnessed continued demand during the last few years and is projected to reach 1,247 kilo tons by 2023. Increase in demand of protein supplement-based products as a dietary supplement across various countries is likely to drive the global protein supplement. 

By Downstream analysis

Application of protein supplement in nutraceuticals holds a lion’s share of the total market share and it is projected to grow at a CAGR of 5.14% by 2023. However, sports nutrition-based application will witness the high growth rate (~4.57%) during forecast period 2017 to 2023. By 2023, powder form of protein supplement is projected to hold a major share and is projected to have a significant growth rate backed up by high shelf-life of the product.

Competitive analysis

The major key players in Protein Supplement market are

• Glanbia Plc. (Ireland)
• Archer Daniels Midland Company (U.S.)
• GNC Holdings Inc. (U.S.)
• Herbalife Ltd (U.S.)
• GlaxoSmithKline Plc. (U.K.)
• Abbott Laboratories (U.S.)
• Amway (U.S.)

Key players are focused majorly on new product launch in their protein supplements product and it accounts for more than 30% of the overall strategy share by key players from last few years. Acquisition, mergers and geographical expansion are the main factors which are contributing 50% of strategy share and is facilitating companies to penetrate the potential market across globe.

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Regional Analysis

North America will continue to dominate the protein supplement market with more than 30% market share and it is projected to reach more than 400 kilo tons with CAGR of 5.65% by 2023. Asia-Pacific will witness the highest growth rate (~5.87%) during forecast period 2017 to 2023. Europe region will witness the growth of 2.58% in protein supplement market for the same period. Growing popularity of consumption of dietary supplements imparting necessary nutrients to the body is driving the market growth of protein supplement globally. Increasing health awareness and adoption of healthy lifestyle is playing a key role in the protein supplement market growth from last few years.

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Whiskey Market Segments, Competitive Landscape, Top Key Players Updates, Forecast To 2024

Whiskey Market Insights

Whiskey Market is expected to register 4.26% CAGR from 2019 to 2024 and reach USD 60.29 Billion by the end of 2024. Whiskey has been synonymous with luxury for a long time due to its long distillation and aging process. However, the emergence of various craft whiskeys that challenge the notion that aged whiskey is better is driving a renewed growth and demand among consumers. With the wide variety of whiskey available and the ongoing innovations in distilling the product, curious consumers have propelled demand and consequently market growth.

Many Whiskey Market are attaching tasting bars and restaurants to their distilleries, to sell the whiskey experience while learning more about the process and the product itself thus further facilitating demand. Additionally, the high social and cultural status associated premium whiskeys is driving growth for the same globally. At the same time, innovative whiskeys that are creatively branded and packaged are encouraging consumers of various alcohol preference to adopt whiskey. For example, the availability of whiskeys made from organic products with no additives, vacuum-aged whiskey and whiskeys made from various grains such as quinoa, buckwheat, sorghum, and oats.  

Market Segmentation

The global Whiskey Market has been segmented by source, type, origin, process, and region.

By source, the market has been segmented into malt, grain, blended, and others.

By type, the market has been segmented into bourbon/rye, scotch, cask finish and others.

By origin, the market has been segmented into U.S., Canadian, Irish, Japanese and others.

By process, the market has been segmented into pot still distillation, column still distillation and others.

By region, the market has been segmented into North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Regional Analysis

Europe leads the global Whiskey Market due to a strong presence of prominent players in the region. Additionally, the area includes countries such as Scotland and Ireland, which are known for their production and consumption of whiskey. For example, the famous Scotch whiskey is only truly considered scotch if it has been distilled and aged in Scotland. These countries climate have the optimal conditions for whiskey manufacturing which allows for minimum loss during the aging process as compared to other countries.

North America also has a significant share of the market due to the high popularity of American whiskey. Many innovations in whiskey production have occurred in this region, particularly the U.S. and Canada. This is expected to boost market growth during the forecast period.

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Cattle Feed Industry Demand, Share, Size, Types, Opportunities, Forecast To 2024

Market Overview

Cattle feed is the dietary source of nutrients such as minerals for adult, growing, milk producing, and pregnant cattle. According to a detailed report offered by Market Research Future (MRFR), the global cattle feed market is likely to reach a significant market valuation at a substantial CAGR over the forecast period of 2017 to 2022.

The global Cattle Feed Market is likely to be driven by factors such as the growing demand for milk products in developing nations, especially from the Asia Pacific region, since good quality cattle feed helps to improve the optimal level of milk production, demand for milk products from the food and beverages industry in the beverage and bakery sector, which in turn positively influences the demand for cattle feed. Additionally, the growing awareness of organic livestock farming, along with the increasing demand for high protein food products, is expected to contribute to market growth during the forecast period. 

Segmental Analysis

The global cattle feed market has been segmented based on the feed ingredients, application, additives, and region. Based on feed ingredients, the market has been segmented into corn, soybean meal, wheat, oilseeds, and others. Among these, the corn segment is accounted for the highest market share during the forecast period.

Based on application, the market has been segmented into beef, calf, dairy, swine, and others. Among these, the dairy segment is assessed to witness the highest market share during

Key Players

The key market players recognized in the global cattle feed market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Land O’lakes Inc. (U.S.), BASF SE (Germany), Charoen Pokphand Group (Thailand), Nutreco N.V. (Netherlands), Royal DSM N.V. (Netherlands).

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Regional Analysis

The global Cattle Feed market is segmented into North America, Europe, Asia Pacific, and the rest of the world.  North America is assessed to sustain its dominant market standing through the forecast period, owing to the established cattle feed, and dairy market, presence of significant market players in the region, the technological advancement in the cattle feed market and the awareness regarding the new product development among consumers is driving the market growth of cattle feed. Europe region is estimated to witness significant market growth over the forecast period, owing to the established dairy market, the constant demand for dairy products as a raw material in the food and beverage industry. Additionally, stable economic growth and steady product enhancements from market players are also expected to contribute to the growth of the market over the forecast period. 

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Green Tea Market Key Players, Industry Segments, Development, Opportunities and Forecast to 2024

Green Tea Market Scenario

Green Tea Market is made from camellia sinensis leaves that have undergone minimal oxidation during processes. The various health benefits of green tea are increasing the demand for it among consumers. One of the significant reasons for the growth of the green tea market is the medicinal benefits of green tea. The antioxidant property of green tea aids blocking the oxidation of low-density lipoprotein and cholesterol. Thus, the increasing prevalence of cardiovascular diseases and obesity cases are anticipated to increase the consumption of green tea during the forecast period

The global Green Tea Market is expected to garner a revenue of USD 9 billion by 2024, with a CAGR of 5.8% during the forecast period, 2019–2024.

The Global Green Tea Market is witnessing an impressive growth over the last few years. This is attributed by the rising health conscious people both in developed and developing economies. Also, increasing disposable income of the consumer is anticipated to be the significant reason of the growth of green tea during the forecast period. Increasing cardiovascular diseases and obesity cases are anticipated to fuel the sales of green tea during the forecast period. 

Key Players
Arizona Beverages USA (US), Tata Global Beverages Limited (India), The Republic of Tea (US), Unilever PLC (UK), East West Tea Company, LLC (US), The Bigelow Tea Company (US), Numi, Inc. (US), Starbucks Corporation (US), Organic India (India), Associated British Foods plc (UK), Mekor Corporation (US), Koninklijke DSM N.V. (the Netherlands), Cape Natural Tea Products Pty Ltd (South Africa), Celestial Seasonings (US), and Hankook Tea USA, Inc. (US) are some of the key players in the global green tea market.

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Segmentation
The Global Green Tea Market has been segmented based on form, category, distribution channel, and region.
 By form, the global Green Tea Market has been classified as powder, tea bags, loose-leaf, and others. The tea bag segment held a significant market share in the global green tea market, and the same segment is expected to be the fastest-growing segment.
 Based on category, the global Green Tea Market has been bifurcated into organic and conventional. The conventional segment holds a larger market share in the global green tea market. However, the organic segment is expected to register the higher CAGR during the review period.

 Regional Market Summary
Asia-Pacific accounted for the largest market share in 2018. The region’s dominance and growth can be attributed to the increasing consumption of healthy food and beverages among health-conscious people. North America is expected to be the fastest-growing region in the green tea market. The rise in consumer awareness regarding the benefits associated with green tea is majorly driving the growth of green tea market in this region. Lower acidity and more antioxidants in green tea have a positive effect on health, which, in turn, is expected to drive the market growth.

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Vegan Butter Market Growth Factors, Global Industry Overlook During Forecast To 2023

Market Analysis

As per the report published by Market Research Future (MRFR),  the global vegan butter market is expected to garner a notable CAGR over the review period of 2018-2023.

butter is derived from cow's milk. But,  vegan butter, commonly labeled as margarine are made from plant sources. They contain high fat content and similar nutritional value as to butter obtained from cow's milk. This makes it popular among the vegan population. The growing number of vegan population due to shift in food consumption pattern is prompting the rate of adoption of vegan butter. Another significant cause boosting the use of vegan butter is the growing concern of people towards animals. MRFR identified these factors to cast a positive impact on the global Vegan Butter Market expansion that is anticipated to spur the growth curve of the market.

Segmental Overview

The segmental study of the global vegan butter market provides indispensable insights into the market that helps in the identification of several growth windows. The vegan butter market study has been segmented into distribution channel, packaging type, and type.

On the basis of distribution channel, the global vegan butter market is segmented into store based and non-store based. The store-based segment is further bifurcated into convenience stores, supermarkets & hypermarkets, and others. Due to the one-stop shopping experience and widespread availability of vegan butter in hypermarkets and supermarkets the store-based segment is expected to experience a rapid growth. The existence of powerful market players and the penetration of e-commerce in the food and beverage retail sector are factors likely to influence the non-store-based segment expansion.  

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On the basis of packaging type, the global vegan butter market has been segmented into jars/bottles, tubs/cups, and others. The tubs/cups segment is expected to grow with a considerable CAGR over the review period and maintain its dominance throughout owing to the increase in number of vegan butter consumers and its numerous applications.

On the basis of type, the global vegan butter market has been segmented into nut butter, vegetable butter, and others. The vegetable butter segment is expected to generate the highest revenue and proliferate at a rapid rate due to high number of sales of different vegetable butter like peanut butter, coca butter, shea butter, and others. The nut butter segment, owing to the increase in awareness of health benefits of various nuts like almond, macadamia, cashews, and others, is likely to register the highest CAGR over the evaluation period. 

Regional Insights

The surge in number of vegans is triggering an increase in sales of plant-based products in North America. This is likely to foster the vegan butter market growth in the region. MRFR forecast vegan butter market to grow with a significant CAGR over the forecast period. Similarly, the growing concerns regarding animals is increasing the adoption of vegan butter among the European population. This is predicted to spur the European vegan butter market in the coming years.

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Feed Phytogenic Application Market Size, Share, Future Trends, Forecast To 2024

Market Synopsis

The Global Feed Phytogenic Market was valued at USD 636.5 million in 2018 and is expected to cross USD 1.04 Billion by 2024, registering an impressive CAGR of 8.5%.

Feed phytogenic are currently used for all types of livestock, including pets, due to their excellent medicinal, preservative, and aromatic properties. This market has the potential to eventually overtake the artificial feed additive market as phytogenic offer the same properties as artificial additives with the added benefits of being eco-friendly and having no adverse side effects on the livestock.

Currently, the palatability enhancers segment is larger as these additives are not subject to stringent regulations. Performance enhancing feed phytogenic must comply with strict regulations, especially in Europe and North America. Performance enhancing Feed Phytogenic Application Market are known to be more effective than their artificial counterparts, thus, contributing to market growth.

Market USP

The performance enhancing feed phytogenic segment has vast untapped potential and manufacturers may invest in the research and development of these products to increase their market shares

By Action

• Performance Enhancers: The market segment with the most potential, it is currently underdeveloped due to heavy regulations and the need for research on the effects of performance enhancers.
• Palatability Enhancers: The largest market segment, palatability enhancers ensure feed consumption, thereby reducing feed wastage and promoting animal growth. This segment is expected to grow due to limited regulations and low costs for manufacturing palatability enhancers.

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By Region 

• North America: The fastest-growing regional market
• Europe
• Asia-Pacific: The largest regional market
• Rest of the World

Key Players

• Biomin Holding GmbH (Austria)
• Cargill Inc. (US)
• DowDupont (US)
• Kemin Industries, Inc. (US)
• Phytobiotics Futterzusatzstoffe GmbH (Germany)
• Bluestar Adisseo Company (China)
• Synthite Industries Ltd. (India)
• The Himalaya Drug Company (India)
• Pancosma (Switzerland)
• Dostofarm GmbH (Germany)
• Phytosynthese (France)
• Silvateam S.P.A. (Italy)
• Delacon Biotechnik GmbH (Austria)
• Natural Remedies (India)

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Turf Protection Industry Forecast Global Industry Size, Market Share, Trends, Analysis, By 2024

Market Highlights

Turf protection refers to the protection and maintenance of turfs by using chemical, biological, or mechanical products. The Global Turf Protection Market accounted for a revenue of USD 5.2 billion in 2018 and is projected to register a CAGR of 4.5% during the forecast period of 2019 to 2024. The turf protection industry is expected to offer lucrative opportunities for the vendors active in the global Turf Protection Industry Forecast owing to the rising demand for biological turf protection systems. The innovative bio-based turf protection products are eco-friendly in nature and offer high-performance in protecting turfs from pests and abiotic stress. For instance, Zelto, a bio-based product, was launched by Marrone Bio Innovations, Inc. in January 2018. It is based on a novel bacterium that offers turf protection against chinch bugs, weevils, and caterpillars. Additionally, it is effective in protecting turfs from various nematodes such as ring, root knot, cyst, sting, and lance. Thus, market players are investing in their research and development activities to develop and launch bio-based products and exploit the growth opportunities in this lucrative market.

The global turf protection market, as per the turf protection market report, has been segmented based on product type and application.

By application, the global turf protection market has been classified as scarification, pest protection, stress protection, and others. The pest protection segment is expected to garner the largest market share during the review period and register the highest growth rate due to the necessity of managing pests in turfs due to the increasing use of pesticides for turf protection as pests deteriorate the aesthetic or functional value of turfs.

Key Players

Some of the key players in the global turf protection market are Syngenta AG (Switzerland), Soil Technologies Corporation (US), Epicore BioNetworks Inc. (US), The Andersons Inc. (US), FMC Corporation (US), Lucerne Biotech UK Ltd. (UK), Eco Sustainable Solutions Ltd. (UK), CoreBiologic, LLC (US), Corteva Agriscience (US), Pure AG (US), Backyard Organics, LLC (US), Idemitsu Kosan Co., Ltd. (Japan), TeraGanix, Inc. (US), Evans Turf Supplies Ltd. (New Zealand), and Nuturf Pty. Ltd. (Australia).

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Regional Analysis

The global turf protection market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in North America is projected to dominate the global turf protection market owing to the availability of good infrastructure for turf industry in the region, mainly in the US. Additionally, the adoption of synthetic pesticides and herbicides as cost effective turf protection solutions is also driving the growth of the regional market. However, infrastructure development and the growth of tourism industry in Asia-Pacific is expected to fuel the demand for turfs in the region, which in turn is expected to assist in registering the highest growth rate for the Asia-Pacific turf protection market.

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Agricultural Insect Pheromones Industry Value, Future Trends, Top Key Players, Type, Application Forecast To 2024

Agricultural Insect Pheromones Market Overview

The Global Agricultural Insect Pheromones Industry Value is highly lucrative. Manufacturers of insect pheromones can leverage growth opportunities in the market due to advancements in agricultural technology. The use of remote sensing technology enables the effective monitoring of insects. Bioorganic synthesis of insect pheromones by market players is also driving market growth. Additionally, the development of pheromones as aerosol formulations is boosting sales as aerosol formulations offer high efficiency and are convenient to use. 

Key Players

Some of the key players in the Global Agricultural Insect Pheromones Market are BIOCONT LABORATORY (Czech Republic), Suterra (US), Troy Biosciences (US), Russell IPM (UK), Exosect (UK), Pacific Biocontrol Corporation (US), Laboratorio Agrochem, SL (Spain), ISCA Technologies (US), Bedoukian Research (US), Biobest (Belgium), ISAGRO (Italy), Pherobank (Netherlands)

Global Agricultural Insect Pheromones Market- Segmentation

The Global Agricultural Insect Pheromones Market has been segmented on the basis of type, crop type, mode of application, application, and region.

Based on Type, the global agricultural insect pheromones market has been segmented into sex pheromones, aggregation pheromones, and others. The aggregation pheromones segment is expected to garner the largest market share and register the highest growth rate during the forecast period.

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The global agricultural insect pheromones market has been segregated, by Crop Type, into fruits and nuts, field crops, vegetables, and others. The field crops segment is currently the largest, in terms of revenue due to the high global production of various field crops such as cereals, cotton, and grains, especially in Asia-Pacific.

Based on mode of Application, the global agricultural insect pheromones market has been segmented into dispensers, sprayers, and traps. The traps segment is projected to garner the largest revenue share of the global agricultural insect pheromones market during the forecast period due to the availability of modified and effective insect pheromone traps.

Agricultural Insect Pheromones Market- Regional Outlook

The Global Agricultural Insect Pheromones Market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World.

North America is expected to lead the global agricultural insect pheromones market due to the rising awareness about the benefits of using pheromones to suppress insect pests. Moreover, the high production of fruits and field crops in the region is also fueling the regional market growth. However, the market in Asia-Pacific is expected to register the highest growth rate during the forecast period owing to the increasing number of government initiatives to promote integrated pest management as a sustainable farming practice.

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