Food Market : September 2020

Wednesday, September 30, 2020

COVID-19 Impact On Catalyst Fertilizer Industry Overview, Development, Opportunities, Forecast To 2023

Catalyst Fertilizer Market Synopsis

The global Catalyst Fertilizer Market is expected to reach 2.8 billion by 2023, expanding at CAGR of 2.56% during forecast period 2018-2023. according to the latest research report from Market Research Future (MRFR). The global Catalyst Fertilizer Market is profiled in detail in the report, which provides a detailed analysis of the market’s leading historical growth drivers and restraints as well as leading players operating in the market, providing the readers with a comprehensive analysis of the competitive landscape of the market as well as the market’s economic background. The leading drivers and restraints affecting the global Catalyst Fertilizer Industry Overview likely to have a lasting impact on the market over the forecast period are profiled in detail in the report.

Competitive Analysis

Leading fertilizer catalyst manufacturers include Clariant (Germany), Haldor Topsoe (Denmark), Project & Development India Ltd. (India), Johnson Matthey (UK), N.E. Chemcat (Tokyo), LKAB Minerals AB (Sweden), Quality Magnetite (US)

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COVID-19 Impact On Microencapsulated Pesticides Type Market Analysis, Porters Five Force Analysis – 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 Type 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 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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COVID-19 Impact On Water-soluble Fertilizer Industry Trends, Opportunity Assessment, Regional Analysis By 2023

Market Highlights

Water-soluble fertilizers are fertilizers of natural or synthetic origin that can mix with a solvent, especially water, before being applied on crops. With water-soluble fertilizers, it is easy to maintain the exact amount of nutrients available to plants. Water-soluble fertilizers are rapidly soluble in water and helps in fertigation & foliar by releasing essential plant nutrients at root zone and leaves respectively where they are absorbed and used elsewhere in the plant system.

Fertilizers provide essential nutrients to crops and are important for healthy growth of the crops. Water-soluble fertilizers are mainly used for their high efficiency and optimal plant nutrition. They are also useful in controlling the quantity of nutrients that should be provided to plants.

Water-soluble Fertilizer Industry are easily soluble in water and hence, are more suitable with modern irrigation system. They are easy to apply and absorbed by plants through fertigation and foliar. Moreover, absorption and utilization rate of water-soluble fertilizers is relatively high when compared to conventional chemical fertilizers. Efficient use of water-soluble fertilizers also prevents groundwater contamination. Owing to these factors, the water-soluble fertilizers market is expected to show a steady growth during the forecast period. However, high costs of water-soluble fertilizers when compared to their counterparts will be a restraining factor in water-soluble fertilizers market.

Key Players

Yara International ASA (Norway), Agrium Inc.(Canada), K+S Aktiengesellschaft (Germany), Sociedad Quimica Y Minera SA (SQM) (Chile), Israel Chemical Limited (Israel), The Mosaic Company (US), EuroChem group AG (Switzerland), Coromandel International Limited (India), Compo GmbH & Co (Germany), and Haifa Chemicals Limited (Israel) are some of the key players in the market.

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Segmentation

The global water-soluble fertilizers market has been segmented into product type, crop type, application, and region.

The market based on type has been segmented into macronutrient fertilizers and micronutrient fertilizers. Macronutrient fertilizers are sub-segmented into nitrogenous, phosphatic, and potassic. Micronutrients fertilizers are sub-segmented into calcium, magnesium, iron, trace elements, and others. The nitrogenous segment is likely to grow at a significant rate since nitrogen helps in the formation of proteins which are vital for the development of new protoplasm in the cell. Moreover, nitrogen is essential to produce chlorophyll and responsible for leaf growth.

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The market has been segmented, by application, into fertigation and foliar. Fertigation is widely used for applying water-soluble nutrients to roots of plants. It is helpful in improving fertility and increasing the productivity of the plant. Moreover, increasing acceptance of micro-irrigation techniques is a key driving factor for fertigation segment in the water-soluble fertilizers market.

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Monday, September 28, 2020

COVID-19 Impact On Feed Binders Industry Segmentation, Drivers, Opportunity, Segments, 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.

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 binders 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 binders in the global market.

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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COVID-19 Impact On Feed Phytobiotics Market Growth Overview, Trend, Forecast To 2024

Feed phytobiotics Market Scenario

Feed phytobiotics are plant derived products. They improve feed performance when added to feed. Feed phytobiotics are derived from roots, spices, tubers, herbs, and other plant sources. Feed phytobiotics stimulates the secretion of digestive enzymes and helps in immune stimulation and holds a good anti-microbial, anti-bacterial, antiviral, and antioxidant properties. These phytobiotics are commonly available in solid, dried, and ground forms. They not only improve feed quality, but also animal health by reducing livestock diseases.

Global Feed Phytobiotics Market Growth as natural growth promoters (NGPs) due to its natural origin and is gaining popularity among the poultry feed additives owing to their beneficial effects on immune system and livestock growth performance. Feed phytobiotics are identified to be an effective alternative to the conventional antibiotics and other allopathic medicines used in poultry production, which had a concern related to bacterial resistance.
Growing population in developing countries has increased the demand for production of poultry, ruminants and other livestock for consumption, which has uplifted the demand for feed phytobiotics in the market.

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Key Players
Alltech, Inc. (US), Archer-Daniels-Midland Company (US), E.I. du Pont de Nemours and Company (US), Cargill Inc. (US), Kemin Industries, Inc. (US), Phytobiotics Futterzusatzstoffe GmbH (Germany), BIOMIN Holding GmbH (Austria), AB Agri Ltd. (UK), ForFarmers N.V. (Netherlands), AdiFeed S.p. z o.o (Poland), Neovia (France), Pancosma (Switzerland), Adisseo France SAS (China), Dostofarm GmbH (Germany) are some of the key players operating in the global feed phytobiotics market.

Segments
Feed phytobiotics market is segmented by source such as plant extracts, spices, herbs, and others. Among all, feed prepared from plant extract is dominating the market followed by spices. Essential oils extracted from the plants are identified to have good anti-microbial properties, which is commonly used in poultry and livestock feed application. Moreover, spices segment is growing rapidly owing to anti-inflammatory properties, which is used in livestock feed.
On the basis of function, the feed phytobiotics are segmented into anti-microbial, anti-oxidants, anti-inflammatory, anti-viral, and others. The use of feed phytobiotics as an anti-microbial agent in feed is dominating this market. However, its application for anti-inflammatory properties is witnessing high growth over the forecast period.

Regional Analysis
Global Feed Phytobiotics Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the feed phytobiotics market followed by North America. In Asia Pacific, China is the major contributor of poultry products, which, in turn, boost the market growth in this region. Furthermore, increasing consumption of livestock and rapidly growing population in developing countries of Asia Pacific is pushing the growth of the feed phytobiotics market.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

COVID-19 Impact On Feed Additives Industry Analysis, Share, Growth and Industry Foresight 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.

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.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Friday, September 25, 2020

COVID-19 Impact On Bread Flour Market Demand, Regional Analysis, Prospects, Growth Opportunity, Segments, Forecast To 2023

Bread Flour Market Overview

Bread Flour Market is driven majorly by its nutritional value and its wide applications in food industries.

Bread Flour is rich in fiber and protein content which adds value to the product. Bread flour is widely used across the food industry for the preparation of conventional breads as well as for the preparation of convenience food, pizza base and others. These factors have a positive influence on the growth of this market. In addition, changing food consumption trends and rising demand for ready-to-eat products is observed to be one of the major factors for the growth of Bread Flour Market Demand. The production and the consumption of bread flour is high in European region and is projected to increase at a growth rate in various countries of North America and Asia Pacific over the given forecast period.

Competitive Analysis

The major key players in the Bread Flour Market are

Archer Daniels Midland Company (U.S.)
General Mills, Inc. (U.S.)
Associated British Foods plc. (U.K.)
Conagra Brands Inc. (U.S.)
Goodman Fielder (Australia)
King Arthur Flour Company, Inc. (U.S.)
Grain Craft (U.S.)

Downstream Analysis

Based on source, wheat-based bread flour dominates the market based on high production of wheat and high application and demand for wheat-based products. However, high consumer-based demand for healthy food ingredients will affect the sale of rye and oats-based bread flour positively. Furthermore, based on the type, all-purpose flour dominates the market owing wide range application of the product in the food industry.

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Additionally, based on specialty features, organic bread flour is gaining its popularity based on increasing consumers’ inclination towards pure and naturally sourced food ingredients. Furthermore, store-based sale of bread flour dominates the distribution channel owning to consumers’ preferred shopping experience.

Bread flour manufacturers across various regions are following the strategy of product innovations and increased focus on R & D to penetrate the global market and to meet the growing demand for the product. Enhancement of the product quality will further attract the consumers to choose bread flour based on increased nutritional value of the product, thereby increasing its market share.

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Regional Analysis

The global Bread Flour Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe holds a major market share followed by North America. High demand for bread flour owing rising on-the-go food consumption trends from the developed countries of these regions is contributing to the growth of the bread flour market.

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COVID-19 Impact On Nutricosmetics Market Size, Top Key Players, Segmentation, Regional Analysis, Forecast To 2025

Nutricosmetics Market Overview

Nutricosmetics Market is expected to register a CAGR of 5.51% to reach USD 8,349.2 Million by 2025. Nutricosmetics can be defined as a blend of nutrition and cosmetics that intends to improve the standard of the skin and rejuvenate it. These products can significantly impact the standard of hair, skin, and nails. The intake of these Nutricosmetics Market Size

demands better maintaining of diet charts as well. Most of the dermatologists feel that a holistic change can impact the market the most. The market is also witnessing growth with significant anti-aging vitamin supplements. People are now focusing more on how to improve the well-being of the commoners, which can inspire better proliferation chances in diverse sectors.

Competitive Landscape

The market for the nutricosmetics is gaining traction from several quarters and it is depending a lot on the growing integration of various strategic developments these companies are showing. These strategies include a merger, acquisition, tie-ups, and other moves. These companies are Alès Groupe (France), Nature's Herbs & Wellness (US), Nutrinelife (India), Lonza Group (Switzerland), Nutrilo GmbH (Germany), Skinside A.G. (Switzerland), Koninklijke DSM N.V. (Netherlands), Inovacure (France), Church & Dwight Co. (US), Functionallab Group (Canada), and others. MRFR includes comprehensive studies with various data to simplify the understanding of the market.

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Market Segmentation

The global market report on the nutricosmetics has its focus on several segments that can influence the market route chart for the coming years. These segments are type, function, and distribution channels, which can substantiate the market understanding with factors to scientifically establish various aspects.

By type, the report on the global market for nutricosmetics includes premixes, beauty drinks, capsules & tablets, and others. The beauty drinks segment is all set to gain better traction for the market in the coming years as rising health awareness is setting trends.

By distribution channel, the global market for Nutricosmetics Market includes store-based and non-store-based. The store-based segment includes specialty stores, supermarkets & hypermarkets, and others.

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Regional Analysis

Europe has a better scope for the increase in market penetration. The region is showing significant domination in the global market and in 2018, it had over 39.24% market share under its name. The hike in elderly population getting concerned about their well-being is significantly providing traction to the market. The regional pharmacy-based channeling of the distribution, better investment capacity, hike in consumers' ability to get hold of these products, and others are expected to make sure that the market finds better growth possibilities in the coming years.

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COVID-19 Impact On Condiments Industry Global Size, Share, Statics Report, Business Opportunity, Forecast to 2024

Condiments Market Overview:

The Global Condiments Market is projected to reach USD 98.3 billion by 2024 and grow at a significant CAGR of 5.4% during the forecast period, 2019–2024.Condiments Market are the spices used as flavor enhancers that enhance the overall organoleptic properties of food preparations. Market Research Future (MRFR) has published a research report about the global condiments market that predicts growth for this market between 2017 and 2024.

The Global Condiments Market has been segmented into the distribution channel, packaging material, type, and lastly, region. Based on the distribution channel, this market has been segmented into store-based distribution and non-store-based distribution. Store-based distribution channels hold the major market share. However, due to technological advancement and rising internet facilities, e-commerce distribution is also rising. Regarding packaging material, the market has been segmented into glass, paper, plastics, and others.

The major factor in helping the growth of the global Condiments Industry is increased demand for dips, sauces, spices, & others. Other factors include growing demand for condiments in the food & beverage industry, new product launches due to research and development (R&D) investments, and the convenience packed food products.

Key Players:

The key players in the global Condiments Market include ConAgra Food Inc. (USA), General Mills Inc. (USA), Hormel Foods Corporation (USA), Kraft Foods Inc. (USA), Mars Incorporated (USA), Nestlé S.A. (Switzerland), The Kroger Company (USA), and Unilever PLC (UK).

Segmentation:

The regional segmentation of the global Condiments Market segments the global market into regional markets namely North America, Asia Pacific, Europe, and rest of the world (RoW). North America is the largest regional market. In this region, especially in the USA, the demand for condiments is very high from the “on-the-go” food products’ manufacturers. After the USA, Canada and Mexico are the most important country-specific markets in this region.

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Regional Analysis:

Europe is the fastest growing regional market due to the increasing demand for condiments as an additive in foods. The major regional markets in this region are France, Germany, and Italy. Other important regional markets are Spain and the UK, followed by the remaining countries of Europe.

In the RoW segment, the crucial country-specific markets that have been covered in the study are Argentina (South America), Brazil (South America), and South Africa (Africa), followed by the remaining countries in the world.

The Asia Pacific is the second most important regional market. In this region, the market is growing due to increased consumption of dips, sauces, and ketchup in China, India, and Japan. The high density of population in China and India makes them lucrative markets. Another significant country-specific market in this region is Australia, followed by the remaining countries of the Asia Pacific region.

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Wednesday, September 23, 2020

COVID-19 Impact On Carob Industry Business Strategy, Trends, Regions, Development Forecast to 2024

Carob Market Highlights

Carob Market is harvested from Ceratonia siliqua or the carob tree which belongs to the legume family. Carob pods are rich in calcium, sodium, potassium, magnesium, fiber, and protein, resulting in its increasing application in the food industry. Carob is a natural sweetener and is used as a healthier substitute for chocolate as it contains low amounts of fat and sugar and does not contain caffeine.

The global Carob Industry has been segmented based on category, form, application, and region.

The global Carob Market has been segregated, by category, into conventional and organic. The conventional segment is expected to dominate the global carob market during the assessment period. However, the organic segment is expected to register a higher CAGR during the forecast period owing to rising consumer preference for organic products.

Based on form, the global Carob Market has been divided into powder, gum, and others. The gum segment is expected to dominate the global carob market during the assessment period owing to the growing application of carob gum in the food industry as a substitute for guar gum. However, the powder segment is expected to exhibit the highest CAGR during the forecast period with rising application in the bakery and pharmaceuticals industries.

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Key Players

Some of the key players in the global Carob Market are Australian Carobs Pty Ltd. (Australia), Tate & Lyle (UK), DuPont (US), Carob S.A. (Spain), Stavros Parpis Foods Ltd (Cyprus), Altrafine Gums (India), Pedro Perez (Spain), Savvy Carob Co Ltd (UK), AEP Colloids (US), and TIC Gums, Inc. (US)

Regional Analysis

Based on region, the global Carob Market has been segmented into North America, Europe, Asia-Pacific, and RoW. Europe is expected to dominate the global carob market with the presence of key cultivation areas in Italy, Spain, and Portugal. North America is expected to hold a major share of the global carob market with the US being the major contributor to the growth of the market. The rising demand for carob in breakfast cereal is contributing to the growth of the regional market. Asia-Pacific also held a significant share of the global carob market in 2018 and the regional market is expected to register the highest CAGR during the forecast period. In the rest of the world, Africa is projected to hold the majority share of the carob market.

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COVID-19 Impact On Bioherbicides Industry Research News, Size, Share, Forecast to 2024

Bioherbicides Market Overview

The Global Bioherbicides Market projected to reach USD 2.35 billion by 2024 and is expected to register a CAGR of 14.2% during the forecast period from 2019 to 2024. The bioherbicides market is growing at a rapid pace mainly due to its extensive demand in the burgeoning agriculture sector. The ever-increasing population worldwide is constantly promoting the growing demand for food. Moreover, the rapidly proliferating organic food market is escalating the Bioherbicides Industry on the global platform.

The burgeoning Agriculture industry is increasing the demand for the Bioherbicides. The food demand is expected to increase fiercely over the upcoming years, promoting the demand for efficient crop production with better crop quality, which will, in turn, drive the growth of the Bioherbicides market.

Segmentation

The global bioherbicides market has been segmented based on source, mode of application, crop type, and region.

Based on The Mode Of Application, the global bioherbicides market has been classified as a seed treatment, foliar, soil application, and others.

Based on Crop Type, the global bioherbicides market has been categorized as cereals & grains, fruits & vegetables, oilseed & pulses, and others.

The global bioherbicides market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.

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Major Players

Key players leading the global Bioherbicides market include Deer Creek Holdings (US), Emery Oleochemicals (Malaysia), Verdesian Life Sciences (US), ACO Certification Ltd (Australia), Marrone Bio Innovations (US), BHA (Australia), EcoPesticides (US), Special Biochem (India), and Hindustan Bio-Tech Chemicals & Fertilizers Ltd. (India) among others.

Regional Analysis

The Asia Pacific region heading with the ever-increasing population that accounts for more than 41% of the worldwide population and the presence of developed as well as developing countries, dominates the global Bioherbicides market. China and India which are highly populated, largely dependent on agriculture and currently are in the developing phase, are becoming the most lucrative markets for Bioherbicides, globally.

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The US and Canada are not only well-developed in the segments mentioned above but are also using the Bioherbicides from a very long time. Also, factors such as the extensive production of key crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat in this region and the popularity of organic produce, propel the growth of the regional market.

Competitive Analysis

The global bioherbicides market appears to be highly competitive characterized by the presence of several well-established players. These players are focusing on optimized situational awareness for customers and thus to ensure their mission success. Matured players are increasingly seeking market expansion through various strategic initiatives such as mergers and acquisitions, innovation, and are increasingly investing in research and development to develop cost-competitive product portfolio.

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COVID-19 Impact On Microencapsulated Pesticides Industry Business Development, Region, 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.

The Global Microencapsulated Pesticides Industry 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.

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Regional Analysis

Competitive Analysis

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Monday, September 21, 2020

COVID-19 Impact On Feed Preservatives Market Analysis, Technology Progress, Application, Driver, Industry Size by 2024

Market Highlights

Feed Preservatives Market has witnessed continued growth over the last few years and is projected to grow by USD 4,064.1 Million from 2018 to 2024 at a CAGR of 9.0%. The rise in demand for meat and dairy products has prompted the growth of the livestock industry. The increasing population and change in consumer lifestyles across the globe have accelerated meat consumption, driving the growth of the livestock population. In 2017, global livestock production accounted for about 40% of the gross value of agricultural production. Changing consumer preferences and a high inclination toward animal-based protein is fueling the demand for quality foods such as meat, eggs, and milk.

Segmental Analysis

The Global Feed Preservatives Market Analysis has been segmented on the basis of type, livestock, feed type, and region.

Based on type, the global feed preservatives market has been segmented into acidifiers, antioxidants, mold inhibitors, and anticaking agents. In terms of revenue, the acidifiers segment dominated the global feed preservatives market in 2018. The segment is also projected to register the highest CAGR of 9.3% during the forecast period. Organic acids are most popularly used to inhibit bacterial growth in the animal feed industry. There are various types of organic acids available in the market such as antimicrobial or mold inhibiting products ranging from a single acid to a complex blend of these acids and their salts. Most of these acids have selective functions and are used based on the requirement.

Based on feed type, the Global Feed Preservatives Market has been segmented into compound feed, feed premixes, and others. In 2018, the compound feed segment constituted the largest revenue share of the market. Owing to the growing demand for animal-based products, the commercialized rearing of animals has seen a boost in the past decade. The need to enhance the growth and performance of the animals has increased the focus on nutritional requirements.

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Market Players

Market Research Future recognizes Kemin Industries, Inc. (US), Nutreco NV (Netherlands), Cargill, Incorporated (US), Impextraco NV (Belgium), Novus International, Inc. (US), Perstorp Holding AB (Sweden), Biomin Holding GmbH (Austria), Nutriad International NV (Belgium), Pestell Minerals & Ingredients Inc. (Canada), and Eastman Chemical Company (US) as the key players active in the Global Feed Preservatives Market.

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Regional Analysis

Geographically, the Global Feed Preservatives Market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Asia-Pacific dominated the market, accounting for the largest market share of nearly 35.74% in 2018. In addition, the segment is also expected to register the highest CAGR of 9.3% during the forecast period.

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COVID-19 Impact On Crop Protection Chemicals Industry Future Growth, Regional Outlook, Industry Development forecast to 2024

Crop Protection Chemicals Market Overview

The Global Crop Protection Chemicals Market is projected to reach USD 67.1 billion by 2024, registering a CAGR 2.76% during the forecast period of 2019 to 2024. Crop Protection Chemicals are used to safeguard the crops from conditions that pose potential damage to the growth of the crops. Crop Protection Chemicals have become an integral part of the agricultural practices. Without them, many crops would suffer dramatic losses. The most commonly used Crop Protection Chemicals include herbicides, fungicides, insecticides, and others.

Global Crop Protection Chemicals Industry help in improving agricultural productivity by killing unwanted herbs and weeds in the plantation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the Crop Protection Chemicals Market. Moreover, limited availability of cultivable land and the pressure to increase farm productivity is boosting the demand for Crop Protection Chemicals.

Downstream analysis

Crop Protection Chemicals Market is segmented on the basis of a type such as herbicides, fungicides, insecticides, and others. Among them, the herbicides segment is dominating the market. The high utility of herbicides for destroying various herbs and unwanted weeds to minimize the crop loss is driving the growth of this segment. However, the fungicides segment is projected to grow substantially over the forecast period followed by insecticides segment.

On the basis of the method of application, the Crop Protection Chemicals Market is segmented into foliar, soil treatment, seed treatment, and others. The foliar applied Crop Protection Chemicals are dominating the market and are expected to grow substantially over the forecast period.

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Competitive analysis

The major players in the Crop Protection Chemicals Market

BASF SE (Germany)
The Dow Chemical Company (U.S.)
Monsanto Company (U.S.)
FMC Corporation (U.S.)
Bayer AG (Germany)
Agrium Inc (Canada)
Syngenta AG (Switzerland)

Regional Analysis

The global Crop Protection Chemicals Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to witness substantial growth over the estimated period. India and China which are two of the largest countries in terms of population are majorly contributing to the growth of Crop Protection Chemicals in this region.

In North America, the U.S. is the major contributor to Crop Protection Chemicals. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restrain the market growth in these regions. Bio based Crop Protection Chemicals are expected to offer huge growth opportunity in North America and Europe. For rest of the world, South America is projected to witness high growth owing to increasing demand for crops in this region.

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COVID-19 Impact On Forage seeds Market By Application, Structure, Revenue Estimates, Key Competitors by 2023

Market Overview

Forage seeds are plants or plant parts such as leaves and stems, used for feeding poultry, livestock cattle, swine and other animals. Owing to various benefits such as increased crop yield, crop productivity and soil fertility, forage seeds are now gaining attention among the farmers. Also, forage seeds do not use synthetic fertilizers and pesticides, thus helps in improving the soil quality. Commonly available forage seeds in the market are alfalfa, maize, oats, clover, pearl millet, grasses and others.
Global Forage seeds Market By Application are serving as a healthier alternative over the conventional feed owing to high vitamin and protein content. Furthermore, increasing awareness about livestock health and inclination towards the natural animal feed has boosted the demand for forage seeds in the global market.

Increasing demand for food, beverage, and poultry industry is adding fuel to the growth of the global forage seeds market. Additionally, forage seeds used in feed formulation have added health benefits on livestock health associated with its consumption, which has uplifted the demand for forage seeds in the feed & fodder industry over the assessment period.

Downstream Analysis:
Based on the crop-type, forage seeds market is segmented into legumes, grasses, cereals and others. Among all, legumes is dominating the market followed by grasses. Owing to high amount of protein and vitamins in herbaceous legumes such as alfalfa, it is primarily used for feeding livestock such as cattle, goats, sheep, and other animals.

Forage seeds market is segmented on the basis of livestock such as cattle, swine, poultry, ruminant and others. The cattle accounted for the highest consumption of the forage seeds. The foremost reason for the growth of this segment is its use in cattle feed owing to increase in the milk quantity and improved immunity of cattle health.

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Competitive Analysis
The major players in the Forage Seeds Market

Monsanto Company (U.S.)
DOW Agrosciences LLC (U.S.)
Advanta Seeds Limited (India)
Land O Lakes Inc. (U.S.)
Barenbrug Holding B.V. (the Netherlands)
I. du Pont de Nemours and Company (U.S.)
Northstar Seed Ltd. (Canada)
Dynamic Seeds Ltd. (Thailand)
Ampac Seed Co. (U.S.)

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Regional Analysis:

The global forage seeds market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the forage seeds market followed by North America. In Europe, Germany and the U.K. are the major contributor of poultry products, which, in turn, boost the market growth in this region. Furthermore, availability of large grazing land for animals and cultivating land for fodder production is giving a push to the growth of the forage seeds market.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Friday, September 18, 2020

COVID-19 Impact On Extruded Snacks Industry Booming Share, Statistics, Competitor Landscape, Key Players Analysis, Forecast To 2023

Extruded Snacks Market Overview:

Extruded snacks Market are derived through extrusion process of blending, shaping, drying, flavoring and packaging. Most commonly used sources for extrusion snacks are potato, rice, corn, tapioca, mixed grain, and others. Extrusion is an important food processing technique for the preparation of nutritious food for which extruded snacks are gaining popularity as a healthy snack. Increasing health conscious population and their awareness towards healthy snacking is driving the growth of Extruded Snacks Industry.

Market Forecast

Extrusion is a process that combines several operations such as mixing, cooking, kneading, shearing, shaping and forming. It is a popular means of preparing healthy snacks and ready to eat foods. High inclination of consumers towards ready to eat packaged foods is driving the growth of extruded snacks market.

Changing lifestyle and consumers’ consumption pattern is further driving the growth of extruded snacks market. Moreover, innovation with flavors in extruded snacks is boosting the growth of extruded snacks market. Furthermore, aggressive marketing strategies and attractive packaging is adding fuel to the growth of extruded snacks market. All these factors are projected to contribute to the estimated CAGR of 4.9% of extruded snacks market during the forecast period 2017-2023.

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Competitive Analysis

The Major Players In The Extruded Snacks Market

Calbee, Inc. (Japan)
Kellogg Co. (U.S.)
Frito-Lay North America, Inc (U.S.)
ITC (India)
Diamond Foods Inc. (U.S.)
Mondelez International Inc. (U.S.)
Old Dutch Foods, Inc. (U.S.)

Downstream Analysis:

Extruded Snacks Market can be segmented based on type such as sweet and savory. Savory segment is dominating the extruded snacks market and is expected to witness a substantial growth over the estimated period. Whereas sweet segment is projected to grow at a moderate rate in the coming years.

Based on distribution channel, extruded snacks are segmented into store based and non-store based. Store based distribution channel is dominating the market among which hypermarket and supermarket are the major contributors based on self-picking shopping experience and multiple brand options available to the customers.

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Regional Analysis:

The global Extruded Snacks Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific is dominating the market based on a wide range of variety available to the consumers at reasonable prices. India is the major contributor to the growth of extruded snacks market in Asia Pacific.

Europe is expected to grow substantially over the forecast period owing to high inclination towards healthy snacking among the consumers. In North America, the U.S. is the major contributor of extruded snacks market. Moreover, continuous innovations and intense competition among key players is growing the extruded snacks market in rest of the world.

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COVID-19 Impact On Liqueur Industry Future Growth, Sales Volume, Size, Share, Opportunity, Forecast to 2024

Liqueur Market Scenario

The Global Liqueur Market witnesses a thriving growth all over the world. Clearly, there is huge consumer demand, and for a good reason. Liquor stores have shelves lined with a seemingly endless range of flavored vodka, rum, bourbon, and tequila. The main processes of production of Liqueurs are infusions, maceration, and or distillation of herbs, spices, fruits, etc. or just flavored alcohol with highly concentrated extracts.

Market players strategies to launch a new product is also encouraging the growth of the Liqueur Industry. Innovations in distillation techniques and increasing consumer preferences help in market expansion. Besides, substantial initiatives in R&D to develop a new technology or distinctive tastes and flavors drive the growth of the global liqueur market. Rapidly growing youth population and the increasing disposable income impacts the market growth, positively.

Despite the growth opportunities, Liqueur as a category faces a lot of challenges. The primary issue is the shifting alcohol consumption patterns; for instance; younger generations are switching to alcoholic beverages of lighter taste, alcohol amount, calories, etc. Low abv beers, flavored ciders, mixed drinks, brown spirits popularity, gin resurrection are just a few of the examples of lighter alcoholic beverages.

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Industry/ Innovation/ Related News:

August 28, 2019 ----- Pernod Ricard (France), a leading global producer of wines & spirits announced the acquisition of Castle Brands (the US), a leading global developer and marketer of premium & super premium alcoholic beverages. Through this acquisition, a great brand portfolio Jefferson’s bourbon whiskey, is adding to the Pernod Ricard family. Bourbon is a major category in the US which is the most important market for Pernod.

Major Players:

Players leading the Liqueur Market include Beam Suntory, Inc. (US), Bacardi Limited (Bermuda), The Brown–Forman Corporation (US), Davide Campari-Milano S.p.A. (Italy), Diageo plc (UK), Girolamo Luxardo S.p.A (Italy), Amarula Cream (South Africa), Lucas Bols BV (Netherlands), Empee Distilleries (India), Pernod Ricard SA (France), Mast-Jägermeister SE (Germany), Remy Cointreau (France), United Breweries Holdings Limited (India), DeKuyper Royal Distillers (France), and Globus Spirits Ltd. (India), among others.

Global Liqueur Market – Regional Analysis

North America dominates the global Liqueur Market due to the high disposable income in the region. The rising demand for Liqueur from the hospitality industry and as well as households, is a key driving force. Furthermore, relaxation in liqueur production regulations is expected to support the regional market in creating larger revenue pocket.

Global Liqueur Market – Competitive Analysis

Fiercely competitive, the Liqueur Market appears to be fragmented due to the presence of several large and small-scale players. Growth in terms of product innovations and distillation techniques and technologies are also expected to create strong investment opportunities for these players. Focused on improving their market performance, these players acquire promising companies to expand in the fast-growing markets.

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COVID-19 Impact On Fruits and Vegetable Seeds Market Growth, Analysis, Competition Tracking, Share by Forecast To 2024

Market Scenario

Fruits and Vegetables is also increasing Parallelly. Besides, growing health consciousness among consumers also generate massive demand for nutritious food items. Within such a context, the global fruits & vegetable seeds market is rapidly expanding. As per a detailed research study conducted by Market Research Future (MRFR), The Global Fruits & Vegetable Seeds Market is likely to expand at a CAGR of 7.9% over the forecast period of 2019-2024. In 2018, the market stood at USD 10.25 Bn.

Segmentation

The Fruits and Vegetable Seeds Market Growth has been segmented based on type, trait, and category.

By type, the fruit and vegetable seeds market has been segmented into brassica, cucurbits, Solanaceae, amaryllidaceous, citrus family, and others. The brassica segment has been further segmented into cauliflower, cabbage, broccoli, and other brassica. The cucurbits segment has been further segmented into cucumber, melons, squash, and others. The Solanaceae segment has been further segmented into tomato, eggplant, potato, and others. The Amaryllidaceous segment has been further segmented into onion, garlic, and others. The Citrus family segment has been further segmented into orange, lime, and others.

By category, the fruit and vegetable seeds market has been segmented into organic and conventional. The conventional segment accounts for the larger share of the market, however, the organic segment is likely to witness heightened growth over the forecast period and emerge as the fastest growing segment over the forecast period. The growth of the segment can be attributed to the rising inclination of consumers towards organic products.

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Regional Analysis

Region-wise, the fruits & vegetable seed market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The global fruits & vegetables market is being dominated by APAC. Accelerated agricultural activities in countries such as China, Japan, and India are contributing to the growth of the market. Moreover, cultivation of diversified range of crops can also be credited for the market growth.

North America is expected to be the fastest growing fruits & vegetable seeds market. Augmenting demand as well as cultivation of fruits and vegetables in the region is supporting the growth of the market. The established food & beverage industry is also supporting the growth of the market.

Competitive Landscape

Mahindra Group (India), Advanta Limited (India), Groupe Limagrain Holding (France), Bayer AG (Germany), Rijk Zwaan Zaadteelt en Zaadhandel B.V (Netherlands), Western Bio Vegetable Seeds Ltd (India), Syngenta AG (Switzerland), Sakata Seed Group (US), Maharastra Hybrid Seeds Company Private Limited (Mahyco) (India), and TAKII & CO., LTD. (India) are the key players in the global fruits & vegetable seeds market.

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