The infant formula ingredients market is estimated to be valued at USD 16.7 billion in 2019 and is projected to reach USD 25.5 billion by 2025, at a CAGR of 7.3% during the forecast period.

The global infant formula ingredients industry is expected to grow due to high growth in the APAC region caused by increasing birth rate, the inability of mothers to lactate, more number of women joining workforce post-childbirth, and companies producing ingredients similar to human milk (such as human milk oligosaccharides).

China is the largest player for infant formula ingredients in the global market.Download PDF BrochureThe prebiotics segment is projected to be the fastest-growing in the infant formula ingredients market during the forecast period.Usage of prebiotic ingredients in infant nutrition aids infant to overcome infections by providing health benefits.

These include resisting gastrointestinal problems, building immunity, supporting increased mineral absorption, and lowering the tendency to become obese.

Boost in sales for infant formulas in the years to come will directly increase demand for infant formula ingredients.The protein hydrolysate segment is projected to record the fastest growth during the forecast period.Babies who are intolerant to both cow’s milk and soy-based formulas are given protein hydrolysate infant formula ingredients.

These ingredients are obtained either through plant-based or animal-based sources.

The Food Colors Market is estimated at USD 4.3 billion in 2021; it is projected to grow at a CAGR of 4.7% to reach USD 5.4 billion by 2026.

The production of food colors is continuously increasing, and companies are investing increasingly in research & development activities of natural and synthetic colors to enhance their existing product portfolio across various regions.

The demand for food & beverage products processed with the inclusions of food colors is comparatively higher.

The lucrative opportunities are available in the emerging regions due to the growing economy and technological advancement.

The market in China is projected to grow at a higher pace due to an increase in industrial activities.Download PDF BrochureEurope is estimated to be the largest market.There are key players in the European markets that supply high-quality food products in the European markets, such as DSM (Netherlands), Naturex (France), and Campbell Foods Belgium NV( Belgium) and they are significantly encouraging the trends of developing new products in the region.

The high demand for packaged food and the growing bakery and confectionery and dairy & frozen products market in Germany.Furthermore, investments in new technological developments are projected to encourage the formulation of innovative natural or nature-identical colors for applications, such as pharmaceuticals and processed food.Presence of key players and stronly established end-use sectors such as medical, cosmetics and food in the European region, accounts for the high market share of the region.The development of various food industries, such as bakery & confectionery, meat processing, and functional food products, and the increase in demand for innovative food colors by food manufacturers, is projected to drive the food colors market growth in the European region.

Astaxanthin is recognized as the most powerful antioxidant in nature, wherein according to a 2019 report by NCBI, astaxanthin has established its benefits as a vital nutrient for human consumption.

Its unique structure helps it to scavenge free radicals and protect the body against oxidative damage.

Download PDF BrochureThe growing awareness about the health benefits of natural astaxanthin the demand for astaxanthin is expected to increase in the coming years.Natural astaxanthin is primarily extracted from astaxanthin-containing marine plants, such as algae and biosynthesized, by living microalgae or yeast production.

It is over 95% esterified and is 3.5 times more expensive as compared to synthetic astaxanthin.

Natural astaxanthin is commonly preferred by the end-user industry as consumers are willing to spend more to get higher-quality products, and their harvest is usually done by centrifugation, drying, and cracking of the Haematococcus pluvialis cells.Liquid form is projected to witness the highest growth during the forecast period.Astaxanthin in the liquid form is used for manufacturing soft gels, oil extracts, and beadlets.

However, astaxanthin in the liquid form is still used in various applications discussed above.The microalgae cultivation segment, by method of production, is projected to be the fastest-growing at a CAGR of 9.4% during the forecast period.The microalga H. Pluvialis is the richest source of astaxanthin.

The tractor implements market is estimated to account for USD 57.3 billion in 2018 and is projected to reach USD 76.1 billion by 2023, growing at a CAGR of 5.84% during the forecast period.

High labor cost and the need to reduce post-harvest losses are the key drivers for the growth of the tractor implements market.Download PDF BrochureKey players in the tractor implements market include Deere & Company (US), Kubota Corporation (Japan), Mahindra and Mahindra (India), SDF (Italy), and Kuhn Group (France).

In addition, these companies are focusing on developing, introducing, and manufacturing various tractor implements, which enable farmers to speed up their farming practices.

To enter the equipment industry, key players are adopting various strategies such as acquisitions, partnerships, and expansions.CLAAS is a Germany-based company, which manufactures mowers and windrower equipment and provides information technology support for advanced farming techniques.

It offers agricultural equipment products, such as various models of harvesters, combines, and balers in its product portfolio.

The company operates in all the regions including North & South America, Europe, Asia Oceania, the Middle East, and Africa through their production facilities.Deere & Company serves the market with a wide product portfolio in various segments such as agriculture, forestry, landscaping and ground care, golf and sports turf, lawn and garden, construction, engines and drivetrain, government and military sales, and rental sales.

The Top Trends in the Agricultural Biologicals Market is projected to grow at a CAGR of 13.7% from an estimated value of USD 9.9 billion in 2020 to reach USD 18.9 billion by 2025.

The market is driven by factors such as increased awareness towards organic food, growing concerns about the hazards of using chemicals, demand for high-value crops, and increase in awareness about residue levels in food, and favorable regulatory framework for the application of agricultural biologicals products are some of the key drivers for growth in agricultural biologicals market.Download PDF BrochureSignificant competition to capitalize on the market potential among international manufacturers in the Europe and American regionsThe need to maintain a minimum residual level in food products and high growth prospects for organic food has been driving the agricultural biologicals market in these regions.

Developed countries adopt modern agricultural practices and have strict regulations to limit excessive agrochemical applications.

Therefore, the markets in Europe and North America are influenced by such drivers.

The awareness regarding the sustainable benefits of biologicals has promoted the growth in developing countries such as Asia Pacific and South America.

The increasing demand for biocontrols in the North American region is projected to drive the growth of the agricultural biologicals market.The North American region accounted for the largest share of the market in 2019.

The global agricultural pheromones market is estimated to be valued at USD 2.9 billion in 2021.

It is projected to reach USD 6.1 billion by 2026, recording a CAGR of 16.1% during the forecast period.Pheromones control the insect population by detecting and monitoring the insect’s presence, disrupting the mating between insects, and trapping the insect population.

The market for agricultural pheromones is witnessing steady growth and gaining momentum across regions.

This is mainly due to factors, such as the effective implementation and awareness initiatives of integrated pest management practices for sustainable agriculture.Download PDF BrochureRapid changes in climatic conditions have led to the prevalence and occurrence of plant pests and diseases.

Change in climatic conditions increases the susceptibility of crops to different diseases and pests, thereby negatively impacting the overall crop yield.Hence, changes in the climate not only lead to deviation in farming practices but also results in the decline of crop productivity.

These factors have heightened the dependability of farmers on distinguished crop protection products for effective pest prevention, thereby propelling the market demand for agricultural pheromones over the next few yearsHigh-value agricultural products are generally defined as agricultural products with a high economic value per kilogram (or pound), per hectare, or per calorie, which includes fruits, vegetables, meat, eggs, milk, and fish.

The Low Intensity Sweeteners Market size is projected to reach USD 3.6 billion by 2026.

According to MarketsandMarkets, the global low intensity sweeteners market size is estimated to be valued at USD 2.9 billion in 2021.

It is projected to reach USD 3.6 billion by 2026, recording a CAGR of 4.6%, in terms of value.

The increasing awareness among consumers regarding healthier food products, rising demand for low intensity sweeteners in various food & beverage applications and growing awareness about functionalities of low intensity sweeteners in the pharmaceutical industry is driving the demand low intensity sweeteners market.

Download PDF BrochureBy type, the allulose segment is projected to grow with the highest CAGR in the low intensity sweeteners market during the forecast periodThe allulose segment is expected to grow at the highest CAGR over the forecast period.

The demand for allulose has increased as it is a low-calorie sugar, which has same clean and sweet taste as tabletop sugar.

The global liquid fertilizers market size is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach USD 3.0 billion by 2025, recording a CAGR of 4.4%.

The growth of the liquid fertilizers industry is driven by various factors due to its ease of use and rapid absorption by the soil and plants, which in turn, ensures that nutrients reach crops faster than other forms of fertilizers.Download PDF BrochureBy crop type, the fruits & vegetables segment is projected to be the fastest-growing segment in the liquid fertilizers market during the forecast period.The trend of consuming fruits has witnessed a growth in the past two decades, and this trend is projected to continue in the coming years.

According to the FAO, China is the largest producer of fresh fruits and vegetables, which has surpassed the production and growth in the US and India in 2018.

By type, the nitrogen segment is projected to dominate the market during the forecast period.Nitrogen is one of the most-widely consumed nutrients among all the macro and microelements required for plant growth.

Urea, ammonium nitrate, ammonium sulfate, and calcium nitrate are commonly available nutrient sources of liquid nitrogen.

By major compounds, the calcium ammonium nitrate (CAN) segment to be the fastest-growing segment in the market during the forecast period.Calcium ammonium nitrate (CAN) is the most widely used nitrogen fertilizer due to its relatively high nutrient content and physical properties, such as high solubility, which helps in quickly dissolving into the soil.

The global chicory market size is estimated to be valued at USD 685  million in 2020 and is projected to reach USD 905 million by 2025, recording a CAGR of 5.7%.

The millennials prefer consuming these food and beverage that offer health benefits and are organic in nature, due to factors such as busier lifestyles, rising disposal incomes, growing awareness regarding preventive healthcare measures, and maintaining better health.

Other factors driving the demand for these chicory include the growing applications of chicory, specially in cosmetic & personal care industry in developing and underdeveloped countries, owing to its anti-inflammatory and anti-oxidants properties.Download PDF BrochureAsia Pacific is projected to witness a higher growth rate during the forecast period.

This is attributed to factors such as untapped potential, growing awareness among the population, rising investments from the global key players, and increasing economic developments, among others.

The densely populated countries in the region with higher risks of chronic diseases such as obesity and heart-related issues are expected to bolster the growth in demand for chicory.

The growing food & beverage industry, along with the rising cultivation and production of chicory, is further driving the demand and growth prospects for the chicory market in Asia Pacific.

The Marine collagen Market is estimated to be valued at USD 778 million in 2021 and projected to reach USD 1,137 million by 2026, recording a CAGR of 7.9% during the forecast period.

The demand for marine collagen is augmented by the ongoing health and wellness trends flooding the internet and social media, which has led to an escalated demand for nutraceutical supplements and cosmetic products among consumers.Download PDF BrochureDrivers : Growing demand for marine collagen in the cosmetics industryMarine collagen helps fight the formation of wrinkles, accelerate the skin renewal process, and maintain the structure and strength of the hair.

The usage of marine collagen is expected to propel at a robust pace, as consumers are becoming increasingly aware of the benefits offered by the beauty and personal care industry.Restraints: High import duty on collagen productsHigh duty on the import of collagen or products thereof is restraining the market growth, as it leads to an increase in the cost of products, which cannot be afforded in the competitive market.

Moreover, European and North American countries rely on the import of collagen for manufacturing various products.

High import duty thus limits the market growth in the region.Opportunities: Rise in number of end-use applicationsThe rise in number of end-use applications, owing to the multifunctional attributes of marine collagen, is projected to create lucrative opportunities for growth.

Marine collagen is now being incorporated into the medical, dental, and pharmacological fields, it is also used as adequate support for drugs, and is a natural biomaterial with astringent and wound healing properties.

The nutraceutical products market is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period.

This is due to the increasing geriatric population, a rising number of chronic diseases, and growing consumer awareness about nutraceutical products.

Download PDF BrochureThe beverages segment is projected to be the fastest-growing segment due to the increasing consumer inclination towards healthy beverages fortified with several organic and nutraceutical ingredients, which is projected to drive the demand for functional beverage products.In addition, functional beverages serve the purpose of hydration, energy & rejuvenation, health & wellness, and weight management.

Due to these factors, manufacturing companies are focusing on introducing new fortified functional beverages.

The food segment dominated the nutraceutical products market in 2019.

The increasing trend of on-the-go snacking and the rising demand for nutritional food products are factors projected to drive the demand for snacks products containing functional ingredients.

The Fungicides MarketThe global fungicides market is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach a value of USD 24.5 billion by 2025, growing at a CAGR of 4.6% during the forecast period.

Factors such as the increase in demand for food security by the growing population and advancements in farming practices techniques are projected to drive the growth of the fungicides market.

Download PDF BrochureSouth America is projected to grow at the highest CAGR during the forecast period.The market for fungicides in the South America region is projected to grow at the highest CAGR from 2019 to 2025.

According to the FAOSTAT, Brazil is the largest producer of agricultural products due to the availability of abundant land and rural labor force, followed by Argentina.The growth of the South America market is majorly attributed to the increase in the adoption of agrochemicals and advancements in farming techniques in Brazil and Argentina, with the distribution channels established by global agrochemical players.

Due to these factors, the market in the South America region is projected to record the highest growth from 2019 to 2025.

The increasing demand for various crops in the Asia Pacific regions is projected to drive the growth of the fungicides market.The increasing agricultural practices and the requirement of high-quality agricultural produce are factors that are projected to drive the fungicides market growth in this region.

The Fermenters Market is estimated at USD 1.13 billion in 2018 and is projected to reach USD 1.69 billion by 2023, growing at a CAGR of 8.4% during the forecast period.

The market is driven by factors such as the increase in the consumption of fermented food & beverages in developed economies, along with growing awareness about food preservation.Download PDF BrochureIncreased consumption of fermented beverages in developed economiesThe rapid growing fermented beverage industry is expected to significantly drive the demand for fermenter systems and solutions during the forecast period, owing to the growing popularity of a variety of beers and wines in the emerging economies worldwide.

According to the Brewer’s Association, in 2017, the craft beer sales continued to grow at a rate of about 5% by volume, which reached 12.7% of the US beer market, in terms of volume.According to the US Alcohol and Tobacco Tax and Trade Bureau (TTB) and US Commerce Department, 2018, the US beer industry, in 2017, exported about 207.4 million barrels of beer.

According to the TTB and US Commerce, 2018, the US domestically produced about 83% of beer, and 17% of beer was imported from more than 100 different countries globally.

According to TTB preliminary reports, the US recorded about 5,648 brewery production facilities in the region in 2017.According to the Brewers of Europe Organization, in 2016, Europe’s five countries recorded the highest growth in beer production, namely, Germany, the UK, Poland, Spain, and the Netherlands.

Thus, the growing popularity of beer among consumers is expected to lead to the exponential growth in demand for fermented beverages, thereby increasing the demand for fermenters used for the fermentation of alcoholic beverages.The global beer production volume reached 189 million kiloliters in 2015, of which Asia Pacific held a share of 33.8% of the global beer market in 2015.

The Fungicides Market is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach a value of USD 24.5 billion by 2025, growing at a CAGR of 4.6% during the forecast period.

The growth of the fungicides market driven by the changing climatic conditions and the rising demand for high-value crops, particularly for fruits & vegetables.

The emulsifiable concentrates (EC) are liquid formulations based on technical materials, which are not soluble in water and consists of 25%–80% technical materials, solvents, and emulsifiers.The triazoles segment is estimated to account for the largest market share, in terms of value, in 2019.Triazole fungicides, also known as sterol inhibitors (SIs), are a large class of fungicides used globally on a wide variety of crops.

Triazoles are used to control several diseases, such as powdery mildew, leaf spots, and rusts.

The production of cereals and grains vary across different regions, depending on the topography and climatic conditions.

Rice is the most widely consumed staple food, particularly in Asia.

The global animal intestinal health market is estimated to be valued at USD 3.1 billion in 2020.

Factors such as a rise in the production of compound feed, an increase in demand for animal protein among consumers, growing incidences of intestinal disorders among livestock species.

The shift towards natural growth promoters (NGPs) due to the increase in awareness about feed and food safety is also among the opportunities which aid in driving the growth of the market.Download PDF BrochureThe prebiotics segment of the animal intestinal health market is projected to have highest CAGR during the forecast period, by typeBy additive, the prebiotics segment is projected to have highest CAGR during the forecast period in the market.

Prebiotics are non-digestible ingredients offered by host enzymes that enhance the growth of indigenous gastrointestinal bacteria that encourage metabolic characteristics that are considered beneficial to the host, depending on the type of metabolite and antagonistic to the establishment of pathogens.

According to OECD-FAO Agricultural Outlook 2017–26, the global poultry meat production stood at 118.1 MMT (130.18 MT) in 2017 and is projected to increase by nearly 11% over the next decade, reaching nearly 131.

The production of poultry meat is also projected to dominate significantly contribute to more than half the growth of all the additional meat (pork and beef meat) produced by 2025.

 The global hybrid seeds market size is estimated to account for a value of USD 25.2 billion in 2021 and is projected to grow at a CAGR of 6.7% from 2021, to reach a value of USD 34.9 billion by 2026.The growing demand for hybrid seeds from the food, beverage, animal feed, and biofuels industry is driving the growth of the market.

In developed markets, farmers are trying to maintain the crop yield and increase their returns.

This increase in acreage is estimated for crops such as sorghum, corn, barley, oats, cotton, rice, and fruit crops, while that of wheat is expected to decline.Constraint: used hybrid seeds cannot be reproducedThe Green Revolution, which started in the 1960s, introduced the use of hybrid seeds to farmers globally.

These seeds grown by farmers in large acres of their farms were productive and produced tons of crop yields, even though they required more fertilizers and water.

This acts as a restraint as poor farmers are not able to afford these seeds and chemical fertilizers.Opportunity: Demand for healthy and organic processed productsThe increasing number of health-conscious consumers, coupled with increasing awareness about the negative effects of trans-fatty acids among the consumers, is expected to increase the demand for food products that contain low trans-fat levels during the forecast period.

They are also developing high-stability oils, such as high oleic sunflower, linolenic canola, and low linoleic soybean, to seek emerging opportunities.