The overall powder induction and dispersion systems market is projected to grow from USD 843 million in 2018 to USD 1,112 million by 2023, at a CAGR of 5.7%. The use of powder induction and dispersion systems follows the increasing need for advanced mixing technologies and precision solutions. The demand for improving process safety and increasing production capacity is projected to increase the application of powder induction and dispersion systems in the pharmaceuticals industry.

On the basis of application, the pharmaceuticals segment is projected to be the largest contributor in the powder induction and dispersion systems market during the forecast period

The powder induction and dispersion systems market is segmented, on the basis of application, into food & beverages, pharmaceuticals, cosmetic and personal care products, and chemicals. The pharmaceuticals segment is projected to record the highest CAGR between 2018 and 2023. The pharmaceutical industry witnesses significant adoption of powder induction and dispersion systems due to their sanitary standards and precision mixing requirements in pharmaceutical companies.

Aftermarket solutions to drive the adoption of inline mixing systems

The powder induction and dispersion systems market is segmented, on the basis of mixing type, as inline and in-tank. The inline segment is projected to record a higher CAGR between 2018 and 2023. The availability of aftermarket solutions is a key factor driving the growth for these systems. The ability to customize and retrofit shear pumps for different tank designs benefits the end users, in terms of cost and production time for tanks.

Process flexibility offered by continuous systems leads the way for powder induction and dispersion systems

The powder induction and dispersion systems market is segmented on the basis of process into continuous and batch systems. The continuous systems provide continuous operation and processing of compounds and are projected to witness a higher CAGR between 2018 and 2023. The powder induction and dispersion systems market in a continuous form is used across chemical applications such as paints and water-based systems. The use of batch systems is projected to decrease over the forecast period given the process advantages offered by continuous systems.

North America is projected to account for the largest market size during the forecast period

The North American powder induction and dispersion systems market is estimated to account for the largest share during the forecast period, while the Asia Pacific market is projected to grow at the highest CAGR. The increasing production and exports of pharmaceutical and chemical products are aiding the growth of the powder induction and dispersion systems market in the region. North America increasingly witnesses a presence of manufacturers in the powder induction and dispersion systems market, with major industry leaders maintaining their operations in the region.

Key Market Players

Key players in the market include Admix Inc. (US), John Bean Technologies Ltd. (US), SPX Flow (US), Ystral GmbH (Germany), IDEX Corporation (US), Charles Ross & Son Co. (US), Hayward Gordon Group (Canada), Axiflow Technologies Ltd. (US), Silverson Machines Inc. (UK), Noritake Co. Ltd (Japan), IKA Werke GmbH (Germany), and Joshua Greaves & Sons Ltd. (UK). These players are undertaking strategies such as new product launches, acquisitions, and expansions to improve their market position and extend their competitive advantage.

Recent Developments

• In July 2018, John Bean Technologies acquired FTNON (Netherlands), a technology services and equipment provider for the food & beverage industry. The acquisition was valued at USD 36 million and expands the company’s production in high-value fruit and vegetable processing. The acquisition also gives JBT access to FTNON’s robotics division, which would be operated through the company’s automated systems division.
• In September 2018, Charles Ross & Son launched a new multi-shaft mixer. The new 150-gallon triple shaft mixer is designed to be powerful and efficient. The system comprises of pneumatic clamps and is also installed with the latest safety features to protect workers during the operation.

Critical questions the report answers:

• Where will all these developments take the industry in the mid to long term?
• What are the upcoming industry applications for powder induction and dispersion systems?
• What is the impact of the pharmaceutical industry on powder induction and dispersion systems?
• What are the new technologies being introduced in powder induction and dispersion systems?
• What are the latest trends in the powder induction and dispersion systems market?

The non-thermal pasteurization market is estimated to account for about USD 1.1 billion in 2018 and is projected to reach a value of about USD 2.7 billion by 2023, at a CAGR of 19.8%. The growth of the convenience food sector, which includes products such as frozen foods and ready-to-eat foods, has increased the demand for non-thermal pasteurization, as these technologies reduce the processing time and increase the production capacity to meet the growing market demand. However, high capital investment is hampering non-thermal pasteurization market growth.

The non-thermal pasteurization market is estimated to account for about USD 1.1 billion in 2018 and is projected to reach a value of about USD 2.7 billion by 2023, at a CAGR of 19.8%. The growth of the convenience food sector, which includes products such as frozen foods and ready-to-eat foods, has increased the demand for non-thermal pasteurization, as these technologies reduce the processing time and increase the production capacity to meet the growing market demand. However, high capital investment is hampering non-thermal pasteurization market growth.

The PEF segment is estimated to grow at the highest CAGR during the forecast period in the non-thermal pasteurization market

By technique, the PEF segment is estimated to grow at the highest CAGR in the next five years. This technology preserves the freshness of food products as well as aids in extending their shelf life. It also accommodates consumer demand for natural, fresh, and minimally processed foods, as no preservatives or additives are added to products. Although PEF is new compared to HPP, it has been accepted globally by the processed potato industry. Due to these factors, the market is projected to grow at a significant rate in the future.

The beverages segment is estimated to grow at the highest CAGR during the forecast period in the non-thermal pasteurization market, due to increasing acceptance of non-thermal pasteurization techniques in processed fruit & vegetable juices, wine,sugar syrups, beer, milk, and processed coconut water

By application, the beverages segment is estimated to grow at the highest CAGR during the forecast period. Non-thermal processes such as PEF and HPP are increasingly preferred in the beverage industry, as they effectively increase the shelf life of beverages and prevent microbial development. Additionally, colors, flavors, and nutrients can be efficiently preserved with the help of this technology. This technology helps in preserving nutrient, color, and flavor in products; and also enables gentle preservation of beverages at ambient temperature. Thus, these factors are expected to fuel the market growth.

The solid segment is estimated to have a larger market share in the non-thermal pasteurization market during the forecast period

By food form, the solid segment is estimated to have a larger market share in the forecast period. This is due to the usage of non-thermal pasteurization techniques in food products such as cheese, jellies, jam, processed food, meat products, etc. However, various technologies such as HPP and PEF are used to enhance the extraction of several bioactive components and sugars to preserve the food for a longer period of time.

The non-thermal pasteurization market is estimated to account for about USD 1.1 billion in 2018 and is projected to reach a value of about USD 2.7 billion by 2023, at a CAGR of 19.8%. The growth of the convenience food sector, which includes products such as frozen foods and ready-to-eat foods, has increased the demand for non-thermal pasteurization, as these technologies reduce the processing time and increase the production capacity to meet the growing market demand. However, high capital investment is hampering non-thermal pasteurization market growth.

The PEF segment is estimated to grow at the highest CAGR during the forecast period in the non-thermal pasteurization market

By technique, the PEF segment is estimated to grow at the highest CAGR in the next five years. This technology preserves the freshness of food products as well as aids in extending their shelf life. It also accommodates consumer demand for natural, fresh, and minimally processed foods, as no preservatives or additives are added to products. Although PEF is new compared to HPP, it has been accepted globally by the processed potato industry. Due to these factors, the market is projected to grow at a significant rate in the future.

The beverages segment is estimated to grow at the highest CAGR during the forecast period in the non-thermal pasteurization market, due to increasing acceptance of non-thermal pasteurization techniques in processed fruit & vegetable juices, wine,sugar syrups, beer, milk, and processed coconut water

By application, the beverages segment is estimated to grow at the highest CAGR during the forecast period. Non-thermal processes such as PEF and HPP are increasingly preferred in the beverage industry, as they effectively increase the shelf life of beverages and prevent microbial development. Additionally, colors, flavors, and nutrients can be efficiently preserved with the help of this technology. This technology helps in preserving nutrient, color, and flavor in products; and also enables gentle preservation of beverages at ambient temperature. Thus, these factors are expected to fuel the market growth.

The solid segment is estimated to have a larger market share in the non-thermal pasteurization market during the forecast period

By food form, the solid segment is estimated to have a larger market share in the forecast period. This is due to the usage of non-thermal pasteurization techniques in food products such as cheese, jellies, jam, processed food, meat products, etc. However, various technologies such as HPP and PEF are used to enhance the extraction of several bioactive components and sugars to preserve the food for a longer period of time.

The food diagnostics market is projected to grow from USD 12.1 billion in 2018 to USD 17.1 billion by 2023, at a CAGR of 7.1% during the forecast period. This is attributed to the increasing incidence of foodborne illness, globalization in food trade, and the rise in demand for efficient, reliable, and real-time food testing.

By type, the hybridization-based segment is projected to be the largest contributor in the food diagnostics market during the forecast period.

PCR and microarray systems have become a powerful tool for food analysis due to their high analytical precision, user-friendly procedures, and accurate output in food diagnosis. Additionally, the hybridization-based systems are the most preferred diagnostics systems for the detection and quantification of foodborne pathogens. These systems are also used to identify the mutations in food pathogens, which are responsible for chronic infections. Due to such advantages of the hybridization-based systems in the detection of food contaminants, the food diagnostics market is projected to drive the growth of this market.

The meat, poultry, and seafood segment is projected to account for a larger market share during the forecast period.

Among foods tested, the market is estimated to be dominated by the meat, poultry, and seafood segment in 2018. The contamination of meat & poultry products is often observed during processing, packaging, and storing. The Food Safety and Inspection Service (FSIS) has framed regulations to control the contamination of meat & poultry products in slaughterhouses and processing plants, based on the HACCP food safety control system. A major factor that drives the growth of the seafood testing products market is the high demand for seafood products such as crustaceans, shrimp, crabs, lobsters, tuna, marlin, and swordfish, due to their nutritional values such as the presence of omega fatty acids and other essential nutrients.

Europe is projected to account for the largest market share during the forecast period.

The European market accounted for the largest share in the food diagnostics market. European countries have recorded many issues related to food safety over the past few years. As a result, stringent policies were introduced to implement complete food safety solutions for the consumers. In Europe, food safety policies have been emphasized by efforts from Control Laboratories (CLs), National Reference Laboratories (NRLs), and EU Reference Laboratories (EURLs). These authorities play an important role in maintaining food standards and protecting consumer health by ensuring the quality of the food supply chain. This will subsequently, propel the growth of the food diagnostics market in Europe.

Key Market Players

The major vendors in the global food diagnostics market are 3M Company (US), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), FOSS (Denmark), and Agilent Technologies Inc. (US). Some of the other players that hold a significant share in the market include bioMérieux SA (France), Danaher Corporation (US), Bio-Rad Laboratories, Inc. (US), Neogen Corporation (US), Biorex Food Diagnostics (UK), Randox Food Diagnostics (UK), Hygiena, LLC (US), Qiagen (Germany), EnviroLogix Inc. (US), and GEN-IAL GmBH (Denmark). These players have broad industry coverage and strong operational and financial strength; they have grown organically and inorganically in the recent past. The industry players, such as Merck KGaA (US) acquired BioControl Systems, Inc. (US), a global provider of food safety testing systems. The acquisition helped the company to strengthen its life science segment by allowing it to reinforce its food safety market with a complete workflow solution for food pathogen testing. Through this acquisition, the company expands in food diagnostics product line, thereby strengthening its leading position for food diagnostics systems and consumables in globally, in 2017.

The report “Astaxanthin Market by Source (Plant, Yeast & Microbes, Marine, Petroleum), Form (Dry, Liquid), Method of Production (Biological Process, Chemical Process), Application (Feed, Supplements, Food, Cosmetics), and Region — Global Forecast to 2022”, published by MarketsandMarkets™, the Astaxanthin Market is projected to grow at a CAGR of 8.02% from 2017 to reach USD 814.1 Million by 2022.

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This market is directly influenced by the increase in geriatric population which in turn impacts the preventive healthcare market changing consumer preferences toward healthy & wholesome diets, and increasing prevalence of nutritional deficiency, which drives the dietary supplements market.

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The application of astaxanthin in animal feed was the largest in 2016

The animal feed segment occupied a significant share of the Astaxanthin Market, by application, in 2016, due to its extensive use as an ingredient in feed, especially aquafeed. The demand for astaxanthin, as a pigment coloring agent for aquafeed, is boosted by the support offered by governments for aquaculture, and also the approvals granted by international food & feed regulations such as the European Food Safety Agency, Canadian Food Inspection Agency, and the U.S. Food and Drug Administration. Significant demand for astaxanthin from the aquaculture sector is seen in the Asia-Pacific region.

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Microalgae cultivation is projected to be the fastest-growing method of production for the next five years

Based on the method of production, the microalgae cultivation segment is expected to grow at a relatively higher rate in both developed and developing nations such as the U.S., China, Germany, and Japan. The high concentration of astaxanthin found in microalgae, coupled with its approval on food safety for human consumption, are the main drivers for the adoption of microalgae as a source, owing to which microalgae cultivation is seen to be the preferred production method for astaxanthin.

The bottled water processing market studied in this report involves the market coverage of bottled water equipment and bottled water. The bottled water processing market is estimated to account for about USD 211.61 billion in 2018 and is projected to reach a value of about USD 315.96 billion by 2023, at a CAGR of 8.3%. The bottled water processing market is projected to grow at a significant growth rate due to factors such as increase in trends of premium & functional water, rapid urbanization, rise in disposable income, growth in retail channels across the globe, and rise in investments by key players in this market. Safety and portability of drinking water have become a global concern, as the rapidly increasing population and industrialization place pressure on existing water resources, forcing many consumers to turn to bottled water for drinking purpose, other than natural resources.

The plastic segment is estimated to dominate the global bottled water market in 2018

By packaging material, the plastic segment is estimated to dominate the global bottled water market in 2018. Properties such as durability, safety, hygiene, and lightness of weight have made plastic packaging popular. The upcoming trend of using plastic as a packaging material for bottled water includes the use of flexible packaging solutions such as pouches, which reduce the required amount of plastic resins used per package. The major bottled water manufacturers are using PET (polyethylene terephthalate) plastic packaging solutions for potable drinking water. Bottled water manufacturers are also using bio-based packaging materials, which consist of renewable resources for the production and commercialization of PET plastic bottled water products.

The filters segment is estimated to account for the largest share in the bottled water equipment market in 2018.

By equipment, the filters segment is estimated to account for the largest share in the bottled water equipment market in 2018. Filters are majorly used for the removal of visible particles and for eliminating the microorganisms from potable water. The filtration process is one of the key methods used for the purification and desalination of water. The major membrane filtration techniques used for processing bottled water includes microfiltration (MF), ultrafiltration (UF), and nanofiltration (NF).

The Asia Pacific market is projected to grow at the highest CAGR in the global bottled water processing market during the forecast period.

Asia Pacific is a flourishing market for domestic manufacturers such as Aqua Pro systems (India) and Ion Exchange Ltd (India). These key players have manufacturing sites in this region and are focusing on increasing their production capacities. This region has also witnessed significant growth in the manufacturing activities of these equipment due to the support of local governments. Increasing investments in R&D activities is also one of the factors driving the market in the Asia Pacific.

The oilseeds market is estimated to account for a value of USD 250.0 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 335.0 billion by 2025. The demand for healthy and organic oilseed-processed products, public-private partnerships in varietal development, and molecular breeding in oilseeds are some of the factors driving the growth of the oilseeds market.

By type, the sunflower segment is projected to be the fastest-growing segment in the oilseeds market during the forecast period.

The sunflower segment in the oilseeds market is projected to be the fastest-growing segment as it is a rich source of oil, protein, calcium, carbohydrate, and ash. The seeds of sunflower are being used widely in the feed industry in the form of sunflower meal, which is increasingly used as a substitute to soybean meal as it is offered at higher prices.

By category, the conventional segment is projected to dominate the oilseeds market during the forecast period.

The conventional segment is projected to hold the largest market share in the oilseeds market during the forecast period as it is relatively cheaper. It is also eco-friendly as it enhances the soil quality and nitrogen restoration, and lowers the levels of contamination in soil, air, and other water resources. The increasing demand for healthy and organic products from consumers has also led to an increase in demand for conventional oilseeds.

By application, the vegetable oil segment is projected to dominate the oilseeds market during the forecast period.

The vegetable oil segment dominates the oilseeds market due to the high demand for fats & oils from the bakery & confectionery industry and increasing applications in sauces, spreads, & dressings, meat products, RTE, and snacks & savory products. The demand for vegetable oil also remains high in the industrial sector due to the increasing application in the production of adhesive, antiknock additives, disinfectants, inks & paints, plastics & resins, glycerols, and fatty acids.

The global halal ingredients market is estimated to be valued at USD 45.7 billion in 2019 and is projected to reach USD 64.8 billion by 2025, recording a CAGR of 6.0%. Consumption of food items is also increasing due to the surge in the Muslim population worldwide, which is projected to drive the growth of the halal ingredients market. Halal ingredients are also gaining traction in the healthcare and pharmaceutical industries due to the growing demand for dietary supplements and its health benefits. Consumers are witnessing an increasing demand for on-the-go, convenient, nutritionally enriched, and functional food & beverage products, due to their busy lifestyles. The growing trends of healthy snacking and increasing awareness about functional food & beverage products are also projected to drive the market for halal ingredients during the forecast period.

The food and beverages segment is estimated to dominate the global halal ingredients market in 2019.

By application, the halal ingredients market was dominated by the food & beverages segment in 2018, in terms of value. The food companies are focusing on product innovations and providing halal products to cater to the growing demand among consumers. In addition, companies are focusing on gaining consumer trust with several marketing campaigns and coming up with a wide variety of halal food products for consumers, which is positively stimulating the growth of the market. The health benefits and cleanliness associated with halal-certified foods is also driving the halal ingredients market in the food industry. The growing standardization in the halal certification sector is projected to offer growth opportunities to the halal ingredients manufacturers in the food and beverage industry.

The flavor segment is estimated to account for a larger share in the halal ingredients market in 2019.

By type, the flavors segment is estimated to account for a larger share in the halal ingredients market in 2019. Flavors are intense preparations added to food products to stimulate or impart a particular taste, maintain the flavor after processing, modify an already existing flavor, and masking an undesirable flavor. The demand for flavors is attributed to the changing consumer preferences toward convenience foods and rising demand for consumer products. The increasing popularity of new and innovative flavors in convenience and ready-to-eat food products among the young generation is also driving the demand for halal-based flavors in the markets. Majority of the flavor companies are inclined toward obtaining halal certification due to the growing demand, which is projected to create profitable opportunities for manufacturers in the halal ingredients market.

The vitamins market was valued at USD 4.85 billion in 2017; it is projected to reach USD 7.35 billion by 2023, at a CAGR of 7.3% during the forecast period. The growth in the demand for functional and nutritionally enriched processed food products, the prevalence of vitamin deficiencies, and feed fortification due to rise in global meat & dairy product consumption are factors driving this market.

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The periodization considered for the study is as follows:

• Base year: 2017
• Forecast period: 2018 to 2023

Objectives of the report

• Determining and projecting the size of the vitamins market on the basis of type, source, application, and regional presence, over a five-year period, ranging from 2018 to 2023
• Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Analyzing the demand-side factors on the basis of the following:
• Impact of macro- and microeconomic factors on the market
• Shifts in demand patterns across different subsegments and regions
• Identifying and profiling key players and product providers in the vitamins market
• Providing a comparative analysis of market leaders on the basis of the following:
• Product offerings
• Business strategies
• Strengths, weaknesses, opportunities, and threats
• Key financials
• Understanding the competitive landscape and identifying major growth strategies adopted by players across key regions
• Providing insights on key investments in product innovation and technology

Research Methodology:

• Key regions were identified along with countries contributing to the maximum share.
• Secondary research was conducted to find the value of the vitamins market for regions such as Europe, North America, Asia Pacific, and RoW.

The key players were identified through secondary sources such as the Food and Agriculture Organization (FAO), the US Department of Agriculture (USDA), the International Monetary Fund (IMF), the World Bank, and the Organisation for Economic Co-operation and Development (OECD); while their market shares in their respective regions were determined through both primary and secondary research processes. The research methodology included the study of annual and financial reports of top market players, as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) to obtain key insights (both quantitative and qualitative) for the vitamins market.

The global slaughtering equipment market was valued at USD 6.39 Billion in 2017; this is projected to grow at a CAGR of 4.56% from 2018, to reach USD 8.28 Billion by 2023. The objectives of the report are to define, segment, and estimate the size of the global slaughtering equipment market, in both quantitative and qualitative terms. Furthermore, the market has been segmented on the basis of type, process type, automation, livestock, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micro markets, opportunities for stakeholders, details of the competitive landscape, and profiles of the key players, with respect to their market shares and competencies.

The years considered for the study are as follows:

• Base year: 2017
• Estimated year: 2018
• Forecast period: 2018–2023

Research Methodology:

This research study involved the extensive use of secondary sources (which included directories and databases) such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the slaughtering equipment market. The primary sources that have been involved include industry experts from the core and related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies, and organizations related to all the segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report on the slaughtering equipment market.

The overall feed non-protein nitrogen market is expected to grow from USD 1.32 billion in 2015 to USD 1.65 billion by 2020, at a CAGR of 4.5% from 2015 to 2020. Non-protein nitrogen (NPN) is a component used as an alternative for proteins. The types of non-protein nitrogen used as feed are urea (coated urea, other urea), ammonia, and others (monoammonium phosphate, diammonium phosphate, and biuret). The animal system requires protein in order to acquire nitrogen and non-protein nitrogen supplies for their overall well-being.

Feed costs are higher when associated with the production of milk and meat. Therefore, the use of non-protein nitrogen helps ruminant growers as it is inexpensive, compared to natural sources of proteins.

The base year considered for the study is 2014, and the forecast has been provided for the period between 2015 and 2020.

Market Dynamics

Drivers

• Increasing demand for animal products
• Easy availability
• Cost-effectiveness
• R&D activities in the feed industry

Restraints

• Regulatory structures
• Toxicity of urea in ruminants

Opportunities

• Emerging markets: New growth frontier
• Technological advancement

Challenges

• Not recommended by nutritionist

High preference of protein as compared to other sources of feed drives the global feed non-protein nitrogen market

Livestock producers are aware of the fact that urea is the most common source of non-protein nitrogen in feed; it contains 46.7% nitrogen compared to 16% for most protein. Feed that contains urea has several positive impacts as compared to natural sources even in adverse conditions. It has several benefits related to body weight, growth rate, and also results in higher milk yields of livestock. Urea is found to be a source of readily available carbohydrates, helps in easy solubility of proteins, and provides an adequate supply of minerals. These are factors that accelerate urea utilization in ruminants. According to the Colorado State University, 281% of protein can be obtained from 13.5 pounds of urea, whereas 86.5 pounds of corn or similar grains are required to obtain the same amount of protein in the ruminant. Due to this advantage, livestock producers are showing a gradual shift from natural protein sources to non-protein nitrogen.