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Market Overview

Global Potash Fertilizers Market is expected to garner a revenue of USD 28 billion by 2024 with a CAGR of approximately 4% during the forecast period, 2019–2024. Potassium is essential for plant health and there must be a sufficient supply in the soil to maintain good crop growth. When the potassium supply is limited, soil yield is reduced with poor crop quality, inefficient utilization of water, and susceptibility to pest and disease damage increases. Therefore, potash fertilizers are necessary to be used in the soil with potassium deficiency. The most commonly used potash fertilizers include muriate of potash, potassium magnesium sulfate, sulfate of potash, potassium nitrate, and others.

 

Global Potash Fertilizers Market Analysis enhance the plant growth and productivity of potassium deficient soil. Increasing population and growing demand for food have led to the need for high agricultural productivity which is driving the growth of the potash fertilizers market. Moreover, increasing inclination towards fertilizers globally, is primarily boosting the growth of the potash fertilizers market.

 

Competitive analysis

The major players in the Potash Fertilizers market

• Agrium Inc. (Canada)
• Yara International ASA (Norway)
• The Mosaic Company (U.S.)
• JSC Belaruskali (Republic of Belarus)
• Eurochem Group AG (Switzerland)
• Borealis AG (Austria), HELM AG (Germany)
• Sinofert Holdings Limited (China)
• Israel Chemicals Ltd. (Israel)

 

Downstream analysis

Potash fertilizers market is segmented based on type namely muriate of potash, potassium magnesium sulfate, sulfate of potash, potassium nitrate, and others. Among all, muriate of potash is dominating the market owing to its high nutrient concentrates. However, sulfate of potash is also witnessed to be growing over the forecast period.

Based on crop type, the potash fertilizers market is segmented into grains & cereals, oil seeds & pulses, fruits & vegetables, and others. Among all, fruits and vegetable segment is dominating the market followed by grains and cereals.

 

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Regional Analysis

The global Potash Fertilizers market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Europe holds the highest share of the potash fertilizers market. In Europe, Ireland and Belgium are majorly contributing to the growth of potash fertilizers market. North America is estimated to have a moderate expansion in the market share of potash fertilizers over the estimated period.

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

 

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Agricultural Enzymes Market Overview

Agricultural Enzymes are the necessary bioactive proteins in preserving soil health and its environment. When Agricultural Enzymes are applied to the soil, billions of chemical reactions begin to take place immediately. In the process they detoxify soils that have been poisoned by excessive applications of chemical fertilizers, herbicides, and pesticides, neutralize both acid and alkaline soils, loosen heavy clay soils, and even penetrate hardpan. 

 

Competitive analysis

The major players in the Agricultural Enzymes Market Trends

• Bayer Cropscience AG (Germany)
• Monsanto Company (U.S.)
• DuPont (U.S.)
• Syngenta AG (Switzerland)
• BASF (Germany)
• Novozymes A/S (Denmark)
• Koninklijke DSM N.V. (The Netherlands)

 

Market Forecast

Agricultural Enzymes help in improving fertility, crop protection, and plant growth regulation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the Agricultural Enzymes market. Moreover, rising demand for natural and organic food followed by increasing awareness towards hazardous properties of pesticides and other chemicals used in agricultural have raised the demand for Agricultural Enzymes over past few years.

Growing acceptance of modern farming is adding fuel to the growth of Agricultural Enzymes market. Owing to improving the efficiency of agricultural enzymes, major players are investing in research and development which is further boosting the growth of global Agricultural Enzymes market. Cost efficiency is another driver driving the growth of the market. However, the uncertain regulatory environment may hamper the growth of the market. 

 

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Downstream analysis

On the basis of type, Agricultural Enzymes market is segmented into phosphatases, proteases, sulfatases, and others. Among all, the phosphatases segment is anticipated to be the fasting growing segment over the forecasted period. Phosphatases have an ability to solubilize soil mineral elements.

On the basis of application, Agricultural Enzymes market is segmented into grains & cereals, oil seeds & pulses, fruits & vegetables and others. Among all, the grains & cereals segment is projected to dominate the market. Agricultural Enzymes are used for most of the cereal crops to enhance their yield as they fertilize the soil and enhance plant growth.

 

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Regional Analysis

The global Agricultural Enzymes market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is accounted to hold the highest share of agricultural enzymes. Europe is estimated to have a moderate expansion in the market share of Agricultural Enzymes over the estimated period.

 

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Market Highlights

Global Vitamin & Mineral Supplements Market is estimated to be valued at USD 108.14 Billion by 2025, registering a CAGR of 6.70% during the forecast period. The global vitamin & mineral supplements market is expected to register a notable growth rate during the forecast period. Increasing consumer awareness regarding the importance of preventive healthcare and untapped markets in developing countries are driving the market growth. Moreover, the expansion of the organized retail sector in developing economies offer growth opportunities for manufacturers. However, the side effects associated with the overconsumption of these supplements are restraining the growth of the market.

 

The Global Vitamin & Mineral Supplements Market Trends is expected to register significant growth during the forecast period. The global vitamin and mineral supplements market is expected to grow at a notable pace during the forecast period due to increasing focus on preventive healthcare and expansion of the organized retail sector. Untapped markets in developing countries offer growth opportunities to the market players. However, the side effects associated with the overconsumption of these supplements are restraining the growth of the market.

 

Regional Analysis

Asia-Pacific accounted for the major market share of the global vitamin & mineral supplements market and projected to witness the highest growth rate during the forecast period. The growth of the vitamin and mineral supplements market in Asia-Pacific can be attributed to a focus on preventive healthcare over curative solutions. China is estimated to retain its dominance throughout the forecast period and projected to be valued at USD 23,175.5 million by the end of 2025 registering the highest CAGR of 7.94% during the forecast period. India is also projected to witness a significant growth rate of 7.92% during the forecast period.

 

Key Players

Market Research Future recognizes The Nature's Bounty Co. (US), Glanbia PLC (Ireland), Herbalife Nutrition Ltd. (US), Abbott Laboratories (US), Amway Corp (US), Bayer AG (Germany), GlaxoSmithKline plc (UK), Otsuka Holdings Co. (Japan), Nature's Way Products, LLC (US), and Nu Skin Enterprises, Inc. (US) as the Key Players in the Global Vitamin & Mineral Supplements Market.

 

Segmental Analysis

The global vitamin & mineral supplements market has been segmented on the basis of type, end user, distribution channel, and region.

By type, the market has been divided into vitamin, mineral, and blends. The vitamin segment accounted for a major share of 78.50% of the global market and projected to record a CAGR of 6.65%. The geriatric population widely consumes vitamin supplements on a regular basis to address a variety of health problems. Vitamin supplements are available in tablet and capsule forms; however, lately, the demand for gummy supplements has increased, especially for children.

 

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Market Highlights

Global Silage Inoculants Market has witnessed continued growth over the last few years and is projected to grow by USD 147.27 Million from 2018 to 2025 at a CAGR of 5.5%. The demand for silage inoculants is exceptionally high in developed regions such as North America and Europe. However, the use of silage inoculants is low in developing and underdeveloped economies owing to several factors. Limited awareness of the benefits of Silage Inoculants Industry has resulted in the reluctance of farmers to change traditional and conventional practices. Farmers and growers of livestock in developing economies widely use organic acids in the fermentation process of silage. Moreover, the availability of silage inoculants is low in underdeveloped economies. Key manufacturers of silage inoculants can find lucrative opportunities to expand their presence in such countries by introducing new products. Moreover, the players in the global silage inoculants market can run marketing campaigns to increase awareness of the benefits of silage inoculants.

 

Market Dynamics

The Global Silage Inoculants Market is highly competitive owing to the presence of several players across the globe. Manufacturers are improving existing products and processes by investing in research and technological advancements. For instance, Bonsilage offers three different categories of silage inoculants—Bonsilage Basic, Bonsilage Speed, and Bonsilage Fit. Hence, a focus on research and development is expected to drive the growth of the global silage inoculants market during the forecast period of 2019 to 2025. Additionally, the growth of the livestock industry is also anticipated to fuel the demand for silage inoculants in the coming years. Changing consumer preferences and high inclination toward animal-based proteins are driving the global demand for quality foods such as meat, eggs, and milk. Thus, the rise in demand for meat and dairy products has prompted the growth of the livestock industry. High consumption of animal-based protein is boosting livestock production capacity. According to the Food and Agriculture Organization (FAO), the per capita consumption of meat globally was 43.5 kg in 2017.

 

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Key Players

Market Research Future recognizes Addcon GmbH (Germany), Agri-King, Inc. (US), Biomin Holding GmbH (Austria), Josera GmbH & Co. KG (Germany), Micron Bio-Systems (US), CHR. Hansen (Denmark), Lallemand Inc. (Canada), Cargill Inc. (US), DuPont de Nemours, Inc. (US), Mole Valley Farmers Limited (UK), Volac International Ltd (UK), Wynnstay Group Plc (UK), Schaumann BioEnergy GMBH (Germany), H. Wilhelm Schaumann GmbH (Germany), American Farm Products (US), Nutreco N.V. (Netherlands), Scotmin Nutrition (UK), Microferm Ltd. (UK), and Kemin Industries, Inc. (US) as the Key Players active in the Global Silage Inoculants Market.

 

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Kefir Market Overview The Global Kefir Market is expected to register a CAGR of 6.07% from 2019 to 2024 and reach USD 2.89 billion by the end of 2024. The market is also expected to achieve a remarkable valuation by the end of 2023. Kefir is a fermented milk drink that has its origin in Russia and the traditional methods include overnight fermentation of lactose that turns into slightly alcoholic beverages. It is a result of the combination of lactic acid bacteria and yeasts. The fermentation process leaves the little amount of lactose in the final product owing to which people with lactose intolerance can also have it. Commercial production of kefir includes a powdered mixture of bacteria and yeast which allows manufacturers to keep the flavors at a constant point. MRFR, while preparing the report on the Kefir Industry, kept its focus majorly on the segmental analysis where volume-wise and value-wise growth has been charted in detail. Competitive Landscape Some of the key players profiled in The Global Kefir Market are Fresh Made, Inc. (U.S.), Nourish Kefir (U.K.), Danone SA (France), Lifeway Foods Inc. (U.S.), The Hain Celestial Group (U.S.), Kenmare Living Foods (Ireland), and Wallaby Yogurt Company (U.S.) Market Segmentation MRFR analyzes the global kefir market by flavor, type, and application for a detailed analysis of the entire market. Based on The Flavor, The Global Kefir Market is segmented into regular and flavored. Regular kefir owns the maximum share of the market due to its ease in production. Consumers prefer naturally flavored kefir more which is also a factor providing substantial market traction. Based on The Application, The Kefir Market can be segmented into dietary supplements, dips & sauces, beverages, frozen desserts, and others. The beverage segment owns the maximum market share due to the rise in intake of healthy beverages across the globe. Regional Analysis MRFR segments the global Kefir market into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) for a comprehensive analysis. Europe’s share in the global market is the maximum as the region is experiencing a high demand for healthy drinks. The region is experiencing strong demands for healthy drinks in tandem with the growing health-related awareness. Other factors such as changing food consumption can also be considered vital for the growth in intake of kefir in the regional market. In Europe, Belgium, Germany, and the U.K. are countries that are exhibiting substantial market growth. Browse Full Report @ https://www.marketresearchfuture.com/reports/kefir-market-4367 About Market Research Future 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), & Consulting Services.

Aquafeed Market Insights:

The acceleration witnessed in aquaculture production will drive the market growth of the Aquafeed Market. Market Research Future (MRFR) has unfolded in its latest report that the Global Aquafeed Market will exhibit market expansion at a healthy CAGR across the forecast period 2018 to 2023.

The rising demand for sea food will accelerate the demand for aquaculture farming which is expected to steer growth in the Aquafeed Market Size. The nutritional value of fish, awareness about the benefits of omega 3 enriched diet, etc. are propelling the demand for aquafeed among the aquaculture farmers and is anticipated to demonstrate similar trend throughout the projection period.

 

The catalyzed demand demonstrated by crustacean and carp farming has also multiplied the revenue generation in the aquafeed market. Other factors such as increasing population, rising per capita income, urbanization, etc. are obliquely fueling the growth and expansion of the market. Furthermore, the increasing product offering with an innovative blend of additives and ingredients are poised to generate more demand in the market over the next couple of years. However, the price fluctuations of raw materials used for the production of aquafeed will restrict the growth and expansion of the market during the forecast period.

 

Competitive Landscape:

Major players profiled in the Aquafeed Market report published by MRFR are

• BioMar Group (Denmark)
• Cargill Inc. (U.S.)
• BASF (Germany)
• Waterbase Ltd (India)
• Alltech Inc. (U.S.)
• Coppen International BV (Netherlands)
• Zeigler bros. Inc. (U.S.)
• Ridley Corporation (Australia)
• Evonik Industries (Germany)
• Marvesa (Netherland)

 

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Market Segmentation:

The Global Aquafeed Market, as per MRFR, can be segmented by Species, Ingredients, Additive Type, and Life Cycle.

By Aquatic Species, the global aquafeed market is segmented into carps, molluscs, shrimps, crustaceans, catfish, trouts, and, others.

By Ingredients, the global market for aquafeed has been segmented into wheat, corn, other grains, pulses, oilseeds, and, others.

By Additive Type, the global aquafeed market is segmented into vitamins, antioxidant, antibiotics, feed enzymes, amino acid, and, others.

 

Regional Analysis:

By Region, the Global Aquafeed Market is segmented into North America, Europe, Asia Pacific, and, Rest of the world. The Asia Pacific market is projected to grow at a robust CAGR across the assessment period. The increase in aquaculture production in the region will fuel growth and expansion of the market. China plays a crucial role in the growth of Asia Pacific market and is expected to retain its position over the forecast period persistently.

 

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Bath Salt Market Overview:

The global Bath Salt Market is projected to reach USD 1.8 billion by 2024 and grow with 6.3% CAGR during the forecast period, 2019–2024. The Bath Salt Market is driven by factors such as demand from the end users market mainly from beauty care segment, mainly for the body spas owing to unique properties of salts used in aromatherapies which relaxes the human body muscles.  

Global Bath Salts Industry  are used in Healthcare Sector in treatment of arthritis. Epsom Salt is Magnesium Sulphate and a key nutrient for plants and vegetables; it is extensively used in gardening sector as a supplement to the fertilizers. There are different types Bath salts available - Epsom salts, Himalayan salts, Bolivian salts, dendritic salts and Dead Sea salts. Their functionality in relaxing the muscles in the human body is predominantly driving the growth of Bath Salts.

 

However, according to an unknown case study, Epsom salt intake can lead to severe liver injury in predisposed patients. Also use of Bath Salts as the drugs sometimes causes severe intoxication and dangerous health effects. There are also reports of people becoming psychotic as in losing touch with reality and violent. Although it is rare, there have been several cases where bath salts have been the direct cause of death. Experts said that the drug could potentially prove fatal if consumed by a child. Around the year 2006 -2007, Bath Salts began to gain in popularity in the United States and Europe as legal highs. The Drug Enforcement Administration put an emergency ban on three common man-made cathinones by October 2011. 

 

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Leading Key Players:

Global Bath Salt Market players are ensuring to be innovative while building up the marketing strategies. This in return, provides a strong consumer base. Key players are focused majorly on acquisition of small players to expand their business and penetrate the global Bath Salt market. Expansion is also one of the key strategies followed by acquisition. Expansion will help in capturing the major market and increasing the production capacity to meet the rising demand from consumer’s end thereby further contributing to increasing revenue. Acquisition and expansions are evaluated to be contributing to more than 30% of strategy share and is facilitating the companies to penetrate the potential market across globe.

 

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Table of Content

1 Introduction

2 Research Methodology

3 Market Dynamics

4 Market Factor Analysis

5 Global Bath Salt Market, By Type

Continued……

 

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Market Highlights

The process of breeding crops to improve their nutritional composition is known as biofortification. Rising initiatives by government and non-government organizations to lower nutrition deficiency is a major determinant driving market growth. Biofortification has strong growth potential in the developing economies in Africa and Asia-Pacific owing to the presence of an unregulated market environment and high prevalence of undernourishment. 

The global Biofortification Market Analysis has been segmented by targeted crop, approach, targeted nutrient, and region.

Based on targeted crop, the global biofortification market has been segmented into cereals and grains, fruits and vegetables, legumes and pulses, oilseeds, and others. The cereals and grains segment is expected to be the largest revenue generating segment during the assessment period. Cereals and grains such as rice, wheat, and pearl millet are commonly consumed staple foods in several developing economies. In addition, they are an inexpensive source of nutrition and are produced in large quantities, especially in Asia-Pacific. Owing to this, cereals and grains are increasingly being genetically modified to enhance their nutrient content and overcome the increasing prevalence of iron and zinc deficiencies. 

The global biofortification market has been segregated, by targeted nutrient, into vitamins, minerals, amino acids, and others.  The minerals segment is expected to be dominant during the review period due to the increasing prevalence of diseases caused by mineral deficiencies. For instance, anemia is caused due to an iron deficiency in the body. According to the World Health Organization (WHO), iron deficiency is the most prevalent nutritional disorder and approximately 30% of the global populace suffers from anemia due to prolonged iron deficiency. 

 

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Key Players

Some of the key players in the global biofortification market are DowDuPont (US), Syngenta (Switzerland), Bayer (Germany), HrvestPlus (US), and BASF SE (Germany).

 

Regional Analysis

The global biofortification market has been segmented, based on region, into Latin America, Africa, Asia-Pacific, the rest of the world.

Asia-Pacific is expected to dominate the global biofortification market during the forecast period due to the high production and consumption of released biofortified crops in the region. Moreover, the increasing R&D investments in agricultural operations and growth of the agriculture industry in the region are fuelling regional market growth. However, rising health awareness among people, increasing government initiatives, and surging prevalence of nutritional disorders in Africa are expected to result in the African market exhibiting the highest CAGR during the forecast period.

 

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Atrazine Market Overview

The Global Atrazine Market is expected to register a CAGR of 6.07% from 2019 to 2024 and reach USD 2.58 billion by the end of 2024. Atrazine Industry is one of the mostly widely used herbicides for effective, affordable, and safe weed control. It is used on a variety of crops including corn, sugarcane, sorghum, wheat, summer fallow, forestry or woodlands, conifers, Christmas tree, and residential and recreational turf (parks, golf courses). The use of atrazine helps to reduce soil erosion by 65-95% and enables farmers to grow crops with high productivity. The quality of water in rivers and streams is significantly improved due to the reduced soil erosion and fertilizer runoff. The demand for atrazine is expected to increase during the forecast period owing to these benefits offered by the product.

 

Competitive Analysis

The prominent players in the global atrazine market are Syngenta (Switzerland), Sipcam Agro USA (US), ADAMA (US), Zagro (Singapore), Nufarm Ltd (New Zealand), Zhejiang Zhongshan Chemical Industry Group Co. Ltd (China), Shandong Weifang Rainbow Chemical Co. Ltd (China), FMC Corporation (US), and Rallis India Limited (India).

 

Market Segmentation

The global atrazine market has been segregated based on crop type, method of application, and region.

By crop type, the global atrazine market has been segmented as cereals, sugar crops, oil-bearing crops, and others. The cereals segment is further divided into maize, sorghum, wheat, and others. The oil-bearing crops segmented is further sub-segmented into soybeans, oil palm, and others. The cereals segment is expected to be the leading crop type segment during the forecast period. Atrazine is the most widely used herbicide for corn cultivation. Corn is mainly utilized for food, feed, industrial uses, and ethanol production. Due to increasing demand for corn in the applications leads, there has been a rising concern for increasing the crop productivity. This is expected to be the key factor boosting demand for atrazine and drive market growth during the review period.

 

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 Regional Analysis

Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five key regions studied for the global atrazine market. North America held the largest share of this market in 2017. Largescale consumption of the product for post-emergence weed control in corn farms and focused sustainable farming activities are the prominent factors driving growth of the regional market. Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period. Increasing use of atrazine in cultivation of maize and sugarcane and rising food consumption are expected to be the key factors fueling growth of this market.

 

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Market Overview
Chelated Trace Minerals in feed are also known as organic trace minerals used in feed. These are required in small quantities but play an important role in the growth and performance enhancement of the animals. The chelation of the trace minerals increases the availability of these nutrients to animals and helps in easy absorption increasing the performance of the livestock. The increasing awareness among the consumers regarding the benefits of chelated trace minerals have boosted the demand for these trace minerals.

 

Segmentation
The Global Chelated Trace Minerals Industry Analysis  in feed has been segmented based on type, form, chelate type, livestock, and region.
By type, the global chelated trace minerals market in feed has been classified as Zinc, Iron, Cobalt, Copper, and others.
On the basis of form, the global chelated trace minerals market in feed has been divided into dry and liquid.
The global chelated trace minerals market in feed is also segmented on the basis of the chelate type used as amino acids, proteinates, polysaccharide complexes, and others.
The global chelated trace minerals market in feed has also been segregated, on the basis of livestock, into ruminant, swine, poultry, aquaculture, and others. 
The global chelated trace minerals market in feed has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.

 

Key Players
Archer Daniels Midland Company (US), Cargill, Incorporated (US), BASF SE (Germany), Kemin Industries (US), Koninklijke DSM N.V. (The Netherlands), Nutreco N.V. (The Netherlands), DLG Group (Denmark), InVivo NSA (France), Bluestar Adisseo (China), Alltech (US), are some of the key players in the global chelated trace minerals market in feed.

 

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Regional Market Summary

Europe is expected to dominate the market for chelated trace minerals market in feed during the forecast period owing to the increasing demand for more nutritious animal feed products. High awareness and food safety regulation, and high demand for high quality animal-based products has driven in Europe. North American market for chelated trace minerals is growing at a significant rate. The US is the major contributors to the growth of the North American chelated trace minerals market in feed. China being one of the largest feed producers is contributing a major share in the Asia-Pacific market. The need for production of high-quality meat is driving the demand across the globe.

 

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Market Overview

The Global Feed Flavors & Sweeteners Market is expected to garner a revenue of USD 1.5 billion by 2024 with a CAGR of 3.1% during the forecast period of 2019 to 2024 Feed flavors and sweeteners market are observing an exponential growth based on its increasing usage in the feed industry. Feed flavors and sweeteners are either naturally derived or synthetic additives used to enhance the taste, smell, and texture of feed. 

 

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

 

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

 

Downstream analysis

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

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

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

 

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Competitive analysis

The major players in the feed flavors and sweeteners market

• Kerry Group Plc. (Ireland)
• Prinova Group LLC (U.S.)
• Kemin Industries, Inc. (U.S.)
• Solvay SA (Belgium)
• Norel S.A. (Spain)
• Pancosma SA (Switzerland)
• Biomin Holding GmbH (Austria)
• Alltech, Inc. (U.S.)

 

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Regional Analysis

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

 

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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.

Agricultural Enzymes Market Overview

Agricultural Enzymes are the necessary bioactive proteins in preserving soil health and its environment. When Agricultural Enzymes are applied to the soil, billions of chemical reactions begin to take place immediately. In the process they detoxify soils that have been poisoned by excessive applications of chemical fertilizers, herbicides, and pesticides, neutralize both acid and alkaline soils, loosen heavy clay soils, and even penetrate hardpan. Most commonly used Agricultural Enzymes include phosphatases, proteases, sulfatases and others.

Competitive analysis

The major players in the Agricultural Enzymes Industry

• Bayer Cropscience AG (Germany)
• Monsanto Company (U.S.)
• DuPont (U.S.)
• Syngenta AG (Switzerland)
• BASF (Germany)
• Novozymes A/S (Denmark)
• Koninklijke DSM N.V. (The Netherlands)

Market Forecast

Agricultural Enzymes help in improving fertility, crop protection, and plant growth regulation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the Agricultural Enzymes market. Moreover, rising demand for natural and organic food followed by increasing awareness towards hazardous properties of pesticides and other chemicals used in agricultural have raised the demand for Agricultural Enzymes over past few years.

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Downstream analysis

On the basis of type, Agricultural Enzymes market is segmented into phosphatases, proteases, sulfatases, and others. Among all, the phosphatases segment is anticipated to be the fasting growing segment over the forecasted period. Phosphatases have an ability to solubilize soil mineral elements.

Based on the function, Agricultural Enzymes market is segmented into fertility, crop protection, and plant growth regulation. Among all, the fertility segment is dominating the market. However, the plant growth regulation segment is projected to grow substantially over the forecast period.

On the basis of application, Agricultural Enzymes market is segmented into grains & cereals, oil seeds & pulses, fruits & vegetables and others. Among all, the grains & cereals segment is projected to dominate the market. Agricultural Enzymes are used for most of the cereal crops to enhance their yield as they fertilize the soil and enhance plant growth.

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Regional Analysis

The global Agricultural Enzymes market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is accounted to hold the highest share of agricultural enzymes. Europe is estimated to have a moderate expansion in the market share of Agricultural Enzymes over the estimated period.

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Feed Enzymes Market Scenario:

The Global Feed Enzymes Market is projected to propel by increasing awareness regarding available health benefits to farm animals from the feed enzymes. Increased awareness about the feed enzymes has raised the bar of feed quality, which, in turn, has increased the share of global feed enzyme market.

 

Increasing demand for animal feed products with high protein content is driving the growth of the Feed Enzymes Type Industry. Furthermore, advance processing methods & technologies, and high opportunities in developing countries are positively supporting the growth of the market. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of feed enzymes in the global market.

 

Feed Enzymes are either plant-derived or chemical ingredients used to boost the quality of the animal nutrition as well as nutritional properties of the animal fodder. The feed enzyme helps to stimulate and secrete digestive enzymes, which, in turn, boost an immune response. Additionally, feed enzymes market is observing an exponential growth based on its high usage in the feed industry. Rising health concerns is one of the major factors contributing to the growth of the global feed enzymes market.

 

Key Players

Some of the key players profiled in the feed enzymes market: BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K), Koninklijke DSM N.V. (the Netherlands), Behn Meyer Holding AG (Germany), Adisseo France SAS (France), Azelis Holding S.A. (Belgium), Novus International, Inc. (U.S.), Rossari Biotech Ltd. (India), and Alltech, Inc. (U.S.)

 

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Regional Analysis:

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

Key players in the feed enzymes market are largely located in North America and Europe. Key players following strategies of merger and acquisition with small players to expand their business in other regions due to increasing demand for feed enzymes in the animal feed industry.

 

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Market Overview

Distiller’s dried grains with solubles is a co-product of ethanol production process or by-product of distillery industry which contains 10-12% moisture content. Distiller’s dried grains with solubles has high amount of protein, carbohydrates, fibers, and other nutrients, which makes it suitable for a reasonable alternative of livestock feed. DDGS is now used to produce dietary rich fiber diet fit for human consumption, this will help in reducing the heart related concerns within the population. Low cost alternative for animal feed is primarily driving the global market for distiller’s dried grains with solubles.

 

Global Distiller’s Dried Grains with Solubles (DDGS) Market By Application are compounds are used as a low-cost alternative for animal feed, this characteristic property is exploited for manufacturing high quality feed for animals. Distiller’s dried grains with solubles are either co or by products of ethanol and distillery industry respectively. Increased consumption of livestock-based food, industrial expansion of ethanol industries and alternatives to check the waste reduction has increased the demand for DDGS compounds.

 

Downstream Analysis

Distiller’s dried grains with solubles market is segmented based on source, which includes brewers, bio-fuel plants, others. In this segment, bio-fuel plants are producing the maximum amount of DDGS compounds, increasing production of ethanol is the key factor for this segment.

The global distiller’s dried grains with solubles market is segmented based on application, which includes animal feed, food and beverage industry, others. Among all applications, animal feed industry has shown a high share, because of high demand for an alternative of low-cost animal feed rich in nutrients.

 

Competitive Analysis

The major players in the distiller’s dried grains with solubles market

• Archer Daniels Midland (U.S.)
• Globus Spirits Ltd.(India)
• CropEnergies (Germany)
• CHS Inc. (U.S.)
• Nugen Feeds & Foods (India)
• D. HEISKELL HOLDINGS, LLC (U.S.)
• Kent Feeds (U.S.)

 

Distiller’s dried grains with solubles market is growing rapidly due to increase in the demand for an alternative source of animal feed rich in nutrients. Consumption of fiber rich DDGS compounds by the human population to prevent heart diseases, has uplifted the market opportunities. Increasing R&D activities to mask the effect of volatile compounds present in the distiller’s dried grains with solubles will uplift the market over the forecast period 2017-2023.

 

Regional Analysis

The global distiller’s dried grains with solublesm market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America region is dominating the distiller’s dried grains with solubles market followed by Europe. In North America, the U.S. and Canada are the major consumers of distiller’s dried grains with solubles. Reduction of industrial waste and raised demand for low cost animal feed with high nutrition has led the growth of the distiller’s dried grains with solubles market in this region.

 

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Liqueur Market Scenario

Market Research Future (MRFR), the global Liqueur Market is expected to reach USD 114.29 BN by the end of 2024. In its recently published analysis, MRFR also asserts that the market would register a CAGR of 3.19% over the forecast period (from 2019 to 2024). Changing consumption patterns and augmenting demand for new flavors and ingredients drive the growth of the market.

 

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. 

 

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.

Europe is another lucrative market for liqueurs, globally. The presence of key market players and high consumption of the liqueurs in these regions is a significant tailwind thrusting the regional market forward. Besides, rising per capita income and liqueur enthusiasts, alongside, the influence of media industry impacts the regional market growth positively.

 

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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Market Highlights The Global Aquaculture Market is expected to demonstrate lucrative growth opportunities for the key players during the forecast period due to the technological advancements in aquatic farming and harvesting. Additionally, the wide applications of aquatic species in agriculture, pharmaceutical industry, and the personal care industry are further fueling the growth of the Global Aquaculture Market which is projected to register a significant growth rate of 5.1% from 2019 to 2024 and reach a market value of USD 207 Billion by the end of 2024. However, the major challenges being faced by the aquaculture companies are the combating of diseases and water-quality management. Overall, by analyzing the aquaculture market, it can be noticed that market players in the industry are adopting strategies such as acquisitions, partnerships and agreements, and regional expansions to increase the profitability and expand their market share. The global aquaculture market has been segregated, by type, into fishes, crustaceans, Mollusca, and others. The fishes segment is expected to be the largest in terms of revenue due to the high global farming of various fishes such as anchovy, pomfret, tuna, and salmon, especially in Asia-Pacific. Currently, salmon fish has been gaining huge popularity in the aquaculture market owing to high nutritional value and its availability in the Indian Ocean and the Pacific Ocean. Key Players Some of the key players in the global aquaculture market are American Abalone Farms (US), Dainichi Corporation (Japan), Blue Ridge Aquaculture Inc. (US), Nippon Suisan Kaisha Ltd. (Japan), Cermaq ASA (Norway), Austevoll Seafood ASA (Norway), Cargill, Incorporated (US), Sea Watch International Ltd. (US), Mowi ASA (Norway), Cooke Aquaculture (Canada), Grieg Seafood ASA (Norway), Charoen Pokphand Foods PCL (Thailand), Maruha Nichiro Corporation (Japan), Thai Union Group PLC (Thailand), and Tassal Group Ltd. (Australia). Access Report Details @ https://www.marketresearchfuture.com/reports/aquaculture-market-8081 Regional Analysis The global aquaculture market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world. The market in Asia-Pacific is expected to lead the global aquaculture market due to economic and population growth. Moreover, the high production and availability of aquatic species in the region are fueling the regional market growth. However, the market in North America is expected to register the highest growth rate during the forecast period owing to the increasing number of aquaculture companies with advanced and sustainable farming technique and high presence of retail marts with many aquatic products. Infographic Images Related Report @ https://www.marketresearchfuture.com/infographics About Market Research Future 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.