Yeast Market-Market Saturation and Scarcity of Raw Materials

The yeast market was valued at USD 3.23 Billion in 2016 and is projected to reach USD 5.40 Billion by 2022, at a CAGR of 9.0% from 2017 to 2022. The yeast market has been segmented on the basis of type, form, application, and region, whereas, the specialty yeast market has been segmented on the basis of type and region.

The years considered for the study are as follows:

  • Base year — 2016
  • Estimated year –2017
  • Projected year — 2022
  • Forecast period — 2017 to 2022

The objectives of the study include:

  • To define, segment, and project the global market size for yeast
  • To understand the structure of the yeast market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets with respect to the individual growth trends, prospects, and their contribution to the total market

Research Methodology

This report includes an estimation of the market size in terms of value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the yeast market and various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research such as Hoovers, Forbes, and Bloomberg Businessweek, company websites, annual reports, and their market share in respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

The key players in the yeast market include Associated British Foods plc (U.K.), AngelYeast Co., Ltd (China), Lesaffre Group (France), Chr. Hansen Holding A/S (Denmark), and Koninklijke DSM N.V. (Netherlands). Other players include Lallemand Inc. (Canada), Alltech, Inc. (U.S.), Leiber GmbH (Germany), Oriental Yeast Co., Ltd.(Japan), and Synergy Flavors (U.K.). The maximum value addition of a product in the global yeast industry is observed in the stage of manufacturing. The key companies that offer yeast focus on strategies such as acquisitions, new product developments, and expansions. Companies formulate new sales strategies to establish their innovative products in the market. These companies highlight product specifications and certifications from food safety authorities while promoting their yeast products. Value addition in the distribution and sales stage varies with key players, addressable markets, manufacturing units, and end consumers.

Developed vs Emerging Medicated Feed Additives Markets

The medicated feed ingredients market stood at USD 10,595.9 million in 2015; it is projected to grow at a CAGR of 5.41% from 2016, to reach USD 15,320.4 million by 2022. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022. The main objective of the report is to define, segment, and project the global market size for medicated feed ingredients on the basis of type, livestock mixture type, category, and region. It also helps to understand the structure of the medicated feed ingredients market by identifying its various segments. The other objectives include analyzing the opportunities in the market for stakeholders and providing a competitive landscape of market trends, analyzing the macro- and micro-indicators of this market, and projecting the size of the medicated feed ingredients market and its submarkets, in terms of value as well as volume.

This report includes estimations of the market size in terms of value (USD million) and volume (KT). Both, the top-down and bottom-up approaches have been used to estimate and validate the size of the medicated feed ingredients market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research; some of these sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market shares in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

Key participants in the medicated feed ingredients market are manufacturers, medicated feed ingredients manufacturers, distributors & suppliers, associations and industry bodies and end users. Archer Daniels Midland Company (US), Cargill (US), CHS Inc. (US), Zoetis Inc. (US), and Purina Animal Nutrition (Land O’Lakes) (US) are some of the leading players in the global medicated feed ingredients market.

This report is targeted at the existing stakeholders in the industry, which include the following:

  • Supply side: Medicated feed ingredients manufacturers, formulators, traders, distributors, and suppliers
  • Demand side: Animal feed manufacturers, food processing industries, feed producers, large animal husbandry companies, large-scale ranches & poultry farms, and researchers
  • Other related associations, research organizations, and industry bodies: the Food and Agriculture Organization (FAO), the International Feed Industry Federation (IFIF), Agriculture and Agri-Food Canada.

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Astaxanthin Market-Growing Awareness Toward Preventive Healthcare & Nutraceuticals

The astaxanthin market was valued at USD 512.8 Million in 2016. It is projected to grow at a CAGR of 6.73% from 2017, to reach a projected value of USD 814.1 million by 2022.

The key players that are profiled in this report include Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Otsuka Pharmaceutical Co., Ltd. (Japan), Valensa International (US), Fuji Chemical Industries Co. (Japan), Divis Laboratories Ltd. (India), Beijing Ginko Group (China), Igene Biotechnology, Inc. (US), Piveg, Inc. (US), Fenchem Biotek Ltd. (US), Algatechnologies (Israel), Cardax, Inc. (US), and Supreme Biotechnologies (US).

The astaxanthin market is projected to grow at a CAGR of 8.02% from 2017, to reach a projected value of USD 814.1 million by 2022. The demand for astaxanthin is increasing due to various functions and end-use applications.
Astaxanthin market report categorizes the global market by source (natural and petroleum), application (feed, supplements, food, and cosmetics), form (dry and liquid), method of production (microalgae cultivation, fermentation, extraction, chemical synthesis) and region.

Based on application, the feed segment dominated the astaxanthin market, accounting for the largest share in 2016. The market is driven by growing health awareness among consumers. Thus, companies are focusing on offering astaxanthin products for various applications, such as functional food, beverages, dietary supplements, animal nutrition, and personal care due to their health and skin benefits.

Based on form, the liquid segment is projected to grow at the highest CAGR. This form of astaxanthin is used in various applications, such as syrups and texturing agents that are used in food, beverage, and pharmaceutical industries

Vitamins Market-Prevalence of Vitamin Deficiencies

Vitamins Market-Prevalence of Vitamin Deficiencies

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.

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

The various contributors involved in the value chain of the vitamins market include raw material suppliers, R&D institutes, vitamins manufacturers [Koninklijke DSM N.V. (Netherlands), BASF (Germany), Lonza Group (Switzerland), Glanbia plc (Ireland), and ADM (US)], manufactures for end-use products (food & beverage, healthcare, feed, and personal care products) and government bodies & regulatory associations [the US Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Safety Authority (EFSA)].

Slaughtering Equipment Market-Increase in Demand for Processed Meat

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.

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 key manufacturers in the slaughtering equipment market include Marel (Iceland), BADDER Group (Denmark), BAYLE SA (France), Prime Equipment Group (US), and CTB (US). These companies have diversified product portfolios and advanced technologies for slaughtering equipment at major strategic locations. The other companies which are profiled include Brower Equipment (US), Jarvis Equipment (India), Industries Riopel (Canada), ASENA (Azerbaijan), Dhopeshwar Engineering Private Limited (India), Meatek Food Machineries (India), BANSS (Germany), Limos (Slovenia), Best & Donovan (US), and Blasau (Spain).

Lactic Acid -Increase in Demand for Lactic Acid-Based Personal Care Products

The global lactic acid market is estimated to witness high growth, due to rising demand from its end-use applications. It is used in the production of PLA plastics that are mainly used in packaging products that comply with environmental norms. Polylactic acid is a thermoplastic polyester. It is derived from renewable feedstock such as sugarcane, corn starch, wheat, and tapioca roots. PLA products contain bio-based renewable constituents.

The global Lactic acid and polylactic acid market has been segmented on the basis of application and region. On the basis of application, the market has been segmented into biodegradable polymers, food & beverages, pharmaceuticals, personal care products, and others. The polylactic acid market has been segmented into packaging, agriculture, automobile, electronics, textiles, and others.

The polylactic acid market is projected to reach USD 5.16 Billion by 2020, growing at a CAGR of 20.9% during the forecast period. In 2015, the market is estimated to be dominated by Europe, followed by North America. The Asia-Pacific market is projected to grow at the highest CAGR, owing to the increasing demand for polylactic acid in this region.

The top-down and bottom-up approaches have been used to arrive at the market sizes and obtain the market forecast. Data triangulation methods have been used to perform market estimation and projection for the entire market, along with sub-segments listed in this report. Extensive secondary research was conducted to understand the market insights and trends, which was further validated through primary interviews. The report provides both qualitative and quantitative analysis of the global lactic acid and polylactic acid market, the competitive landscape, and the preferred development strategies of the key players.

The key players were observed to prefer mergers & acquisitions, expansions, agreements, and new product launches as strategies to garner a larger share in this market. This report also analyzes the market dynamics.

Scope of the Report

On the basis of application, the lactic acid market has been segmented as follows:

  • Lactic acid
  • Biodegradable polymers
  • Food and beverages
  • Pharmaceuticals
  • Personal care products
  • Others
  • Polylactic acid
  • Packaging
  • Agriculture
  • Automobile
  • Electronics
  • Textiles
  • Others

Biostimulants Market-Rising Abiotic Stress-Related Crop Issues Due to Concerns of Climatic Change

The biostimulants market is estimated to account for USD 2.6 billion in 2019 and is projected to reach USD 4.9 billion by 2025, at a CAGR of 11.24% during the forecast period. The market is primarily driven by the strong market demand for high-value crops across the globe and the increasing need to support crop growth due to abiotic stress, arising from changing climatic conditions. In addition, technological advancements by the key players in most of the regions have led to high demand for biostimulant products.

On the basis of active ingredient, the amino acids segment has been estimated to occupy the major share, in terms of value, in 2019.

Price differences in active ingredients is a major factor, due to which, the amino acids segment is projected to remain dominant in the market, in terms of value. In terms of volume, the dosage rate plays an integral role in the effectiveness of biostimulants. Since the dosage rate of humic substances is much higher in comparison, as they are mostly preferred for foliar applications, they dominate the market, in terms of volume, in 2018. Earlier, biostimulant products were majorly offered as a single active ingredient, which imparted specific functions such as stress tolerance or enhancement of crop quality. However, due to intense research on this market, formulations for blending multiple active ingredients have been developed by players such as Valagro (Italy).

The increasing awareness of nutritional benefits associated with biostimulants and their application on broad-acre crops have widened the scope of growth within the biostimulants market.

The usage of biostimulants has evolved immensely from high-value crops such as fruits & vegetables to broad-acre crops such as cereals, pulses, and fiber crops. It has been observed that biostimulants enhance the uptake of nutrients, develop tolerance to abiotic stresses, and increase the vigor and yield of crops such as wheat, rice, and barley. The immense possibility in the application of biostimulants for these broad-acre crops can lead to the significant growth of this market. Many domestic manufacturers have begun to realize the prospective demand in the coming years, with several launches targeted on crops such as rice, corn, and wheat.

On the basis of form, the liquid segment is projected to witness higher growth in the biostimulants market.

Various factors, such as the type of crop, type of storage available, size of the field, and weather conditions in the region, are attributable to the selection of the form, in which, biostimulants ought to be used. Most biostimulants are available in the liquid form. However, dry soluble formulations are also being made available, owing to their ease of handling and increased shelf life. Suspension concentrate formulations are the most commonly available liquid form of biostimulants. Major companies that manufacture liquid-based biostimulants include Ilsa (acquired by Italy-based Biolchim), UPL (US), Koppert (Netherlands), BioAg Alliance [Monsanto (US), and Novozymes (Denmark).

Food Packaging Market-Demand for Convenience Foods In Developing Economies

Food Packaging Market-Demand for Convenience Foods In Developing Economies

The increase in consumption of convenience foods is driving the food packaging market. Convenience features such as easy opening, portability, and single-use packaging drive food packaging innovation for processed foods. Visual appeal and convenience are the two aspects that drive the growth of the food packaging market.

The food packaging market is segmented on the basis of material, types, application, and geography. The material involved in food packaging are paper & board, rigid & flexible plastic, glass, and metal. The segmentation of the market, on the basis of application includes bakery, confectionery, dairy products, convenience foods , sauces, dressings & condiments, fruits & vegetables, meat, fish & poultry, and other products. The geographical segmentation of the market includes four regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries of these regions have also been studied.

In 2014, the rigid and flexible plastics segments, together, held the largest market share, in terms of material, and were subsequently followed by the metal, and paper & board segments. The paper & board segments are estimated to grow at the highest CAGR from 2014 to 2019.

This report includes market size, in terms of value ($million). It provides both, qualitative and quantitative analyses of the food packaging market, the competitive landscape, and the preferred development strategies of key players.

The key players invest heavily in the expansion of their business and development of new food packaging material to maintain a competitive edge in the market. The key players were observed to prefer new joint ventures, agreements, collaborations, and expansions as strategies to enhance their production facilities and acquire a larger share in the market. The report provides a complete analysis of the key companies and a chronology of developments with respect to new products and their applications. It also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.

Industrial Sugar Market-Rising Average International Prices

The global industrial sugar value chain consists of three main components, namely, production, processing, and distribution. Sugarcane production around the globe is dominated by smallholder farmers (out growers), with only a few factory-owned farms (nucleus estates). The processing component of the value chain consists of a number of public, private, and mixed-owned factories distributed throughout the sugarcane production areas. The distribution after processing is highly integrated between wholesalers, retailers, and importers, which is further distributed for consumption to the food & beverage as well as animal feed and energy industries. The value chain helps in bringing about coordination among stakeholders with market leaders such as Cargill incorporation (U.S.), Archer Daniels Midland (U.S.), Raizen SA (Brazil), Sudzucker AG (Germany), and Tereos (France).

The market for industrial sugar is projected to reach USD 52.91 Billion by 2022, growing at a CAGR of 6.01% from 2016 to 2022. Sugar is considered as one of the most important commodities, and is produced and consumed around the world, of which around 70% of production is consumed in domestic markets and only 30% is traded in the international markets.

On the basis of type, white sugar is the largest and fastest growing market as it is the most common type of industrial sugar used globally. Factors such as growing demand for confectionery products, growing retail market and expansion of product portfolio are driving the demand for industrial sugar globally. Changing consumer preferences about different products has led to an upsurge in the consumption of different food and beverage products globally.

On the basis of source, cane sugar is projected to grow at a significant rate during the forecast period. Sugar cane production is higher than sugar beet production, globally, as all the major developing countries are involved in the manufacturing of cane sugar.

On the basis of application, the industrial sugar market is segmented into industries such as dairy, bakery, confectionery, beverage, canned & frozen foods, and other food items. Confectionery is the largest and fastest growing segment during the forecast period due to its use in a wide variety of applications and consumption of confectionery products such as marmalade, chewing gum, sweets, candied nuts, chocolates, and chewing gum. The growing population and technological advancements in developing economies are expected to contribute extensively towards the growth of the global industrial sugar market.

On the basis of form, the granulated form is the most extensive type of industrial sugar used globally. This crystallized form of sugar is also used as a preservative for different end-use applications such as candied fruits, jams, and marmalades; thereby, increasing its functionality and driving its consumption

Agricultural Micronutrients -Need for Sustainable Sourcing of Raw Materials

The agricultural micronutrients market was valued at USD 5.43 Billion in 2016, and is projected to reach USD 8.81 Billion by 2022, growing at a CAGR of 8.60% from 2017, in terms of value. In terms of volume, the market is projected to reach 1,681.1 KT by 2022. The objectives of this study are to define, segment, and project the size of the agricultural micronutrients market based on type, crop type, mode of application, form, and key regions

  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To analyze the competitive environment of the agricultural micronutrients market
  • To provide the analysis of the research & development spending and funding activities in the agricultural micronutrients market
  • To project the size of the market, in terms of value (USD million) in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW)
  • To strategically profile the key players and comprehensively analyze their core competencies
  • To analyze the competitive developments mergers, acquisitions, agreements/joint ventures, expansions, and new product launches in the agricultural micronutrients market

The years considered for the study are:

  • Base year – 2016
  • Estimated year – 2017
  • Projected year – 2022
  • Forecast period – 2017 to 2022

This report includes the estimation of market size for value (USD million), and volume (KT). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the agricultural micronutrients market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research (the FAO, Bloomberg Businessweek, Factiva, and companies’ annual reports), and their market share has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Market Ecosystem

The various contributors involved in the value chain of agricultural micronutrients include manufacturers, suppliers, distributors, intermediaries, and customers; agricultural product manufacturers such as BASF (Germany), Dow Chemical (US), AkzoNobel (Netherlands), Agrium (Canada), Land O’Lakes (US), Yara International (Norway), The Mosaic Company (US), and Helena Chemical Company (US); government bodies & regulatory associations such as the Food and Drug Administration (FDA), Food and Agriculture Organization (FAO), and Food Safety Australia and New Zealand (FSANZ).