Opportunities in the Microbiological Testing of Water Market

This report includes estimations of market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of this 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 through various sources such as the Food and Agriculture Organization (FAO), the U.S. Food and Drug Administration (FDA), the World Health Organization (WHO), the International Food Information Council Foundation (IFICF), the Environmental Protection Agency (EPA), and Centers for Disease Control and Prevention (CDC), and their market share in respective regions have 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 global market for microbiological testing of water has grown exponentially in the last few years. The market size is projected to reach USD 1.59 Billion by 2022, growing at a CAGR of around 7.0% from 2017 to 2022. Emerging countries such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as increase in microbial contamination in water reservoirs due to increased urban waste, stringent regulatory environment, the emergence of new technologies, and upgradation of equipment are the major driving factors for this market. Moreover, advanced technologies and rapid test methods helped to drive the microbiological testing of water industry.

The microbiological testing of water market, based on pathogen type, is segmented into Legionella, Coliform, Salmonella, Clostridium, Vibrio, and others which include other bacteria, protozoa, and viruses. Number of tests for Salmonella dominated the market with the largest share in 2016 due to increasing Salmonella outbreaks in the European and North American regions. This is followed by Coliform tests, which acts as an indicator bacteria for other bacterial analysis and plays a critical role in microbial water testing.

Grain Analysis Market-Increase in Outbreaks of Foodborne Illnesses

The grain analysis market is projected to reach 2,323.1 Million by 2022, at a CAGR of 5.8% from 2017 to 2022. The grain analysis market, by equipment, is projected to reach USD 761.7 Million in 2022 during the forecast period. The market is driven by increase in outbreak of foodborne illnesses, globalization in grain trade, and stringent safety and quality regulation for food & feed.

The grain analysis market, based on grain type, has been segmented into cereals, oilseeds, and pulses. The market for cereals dominated this market in 2016 and is also projected to be fastest-growing segment during the forecast period. This is attributable to their large-scale production and trade along with higher testing of pathogens, mycotoxins, GMOs, allergens, heavy metals, and other contaminants in this segment.

The grain analysis market, based on target tested, has been segmented into pathogens, pesticides, GMO, mycotoxins, and others. The mycotoxins segment dominated the grain testing services market in 2016, and is also the fastest-growing market during the forecast period. Mycotoxins are chemically stable at high temperatures, and therefore can travel all the way through the food supply chain causing various safety incidences due to which their occurrence in grains is most prevalent, thereby driving the market for mycotoxin testing.

The grain analysis market, by technology, has been segmented into traditional and rapid. The rapid technology segment dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to low turnaround time, higher accuracy, sensitivity, and ability to test a wide range of contaminants in comparison to traditional technology.

The grain analysis market, by end use, has been segmented into food and feed. The food segment dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to the increase in grain trade including import and export, their growing use as an ingredient in new food products, government efforts to ensure optimum nutrition in food, and complexities in the food supply chain have led to the rigorous testing of grains.

The grain analysis market, by component, has been segmented into instruments, consumables & reagents, and reference materials. This market was dominated by the instruments segment in 2016. The market for consumables & reagents is projected to be the fastest-growing during the forecast period.

Periodization Considered for the Food Preservatives Market

The food preservatives market, in terms of value, is projected to reach around USD 2.94 Billion by 2021, at a CAGR of 2.5% from 2016 to 2021.

The global market has grown steadily in the recent years. It has a significant impact on food in terms of maintaining the quality, flavor, and taste of the food, this has led to its high demand across the world. This is due to the need for food products that are required to have a longer shelf-life as hectic lifestyles of people, especially in the developed regions make them opt for convenience foods, however, health conscious people nowadays are demanding for food products that have natural preservatives and this has led to the increasing use of natural preservative in food products, specially meat, poultry, & seafood. The market by region has been segmented as North America, Europe, Asia-Pacific, and RoW.

The food preservatives market value chain players are Akzo Nobel N.V. (Netherlands), Danisco A/S (Denmark), Cargill, Incorporated (U.S.), Univar Inc. (U.S.), and Koninklijke DSM N.V (Netherlands), among others. Maximum value addition of a product in the global food preservatives industry is observed in the stages of product manufacturing. In the initial stage, the raw materials, which in this case, are chemicals and natural ingredients, are used for the production of synthetic and natural preservatives, respectively. Value addition in the marketing and sales stages varies with key players, addressable markets, manufacturing units, and end consumers. The key companies that offer food preservatives mainly invest in new product developments and production expansions through acquisitions and the development of new facilities.

The global food preservatives market has grown steadily in the last few years. The market size is projected to reach USD 2.94 Billion by 2021, at a CAGR of around 2.5% from 2016 to 2021. The growing demand for convenience food products is the major driving factor of this market.

Increase in Demand for Specialty Yeast Products

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.

The global yeast market has witnessed a steady growth over the last few years. The market size is projected to reach USD 5.40 Billion by 2022, at a CAGR of around 9.0% from 2017 to 2022. The growth of the bakery industry and increasing demand for convenience food are the major drivers that have contributed to the growth of the market.

The yeast market, by type, is segmented into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others (nutritional and supplement yeast). The increasing trend of consumption of processed food items and bakery foods is leading to a high demand for baker’s yeast in developing economies.

By application, the market has been segmented into food, feed, and others (including pharmaceutical and industrial). The yeast application in the food segment has been increasing due to the increasing use of yeast in snack seasonings, ready-to-eat meals, processed fish, meat and analogs, dairy, bakery, beverages, and dietary supplements.

Biostimulants Market -Limited Entry Barriers Resulted in the Entry of Players of Different Tiers

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.

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

Biostimulants Market

Increasing Applications of Guar Gum Owing to Its Multifunctional Properties

The market for guar gum is projected to grow at a CAGR of 7.9% from 2017 to 2022, to reach USD 1.15 billion by 2022.  The base year considered for the study is 2016 and the forecast period considered is from 2017 to 2022. The basic objective of the report is to define, segment, and project the global market size of the guar gum market on the basis of grade, function, application, food & beverage application, and region. The other objective of the report is to understand the structure of the guar gum market by identifying various segments. The report also helps in analyzing the opportunities in the market for the stakeholders; it also provides a competitive landscape and helps in projecting the size of the guar gum market and its submarkets, in terms of value.    

Guar gum is a natural gum derived from the guar seed. It is a high molecular weight polysaccharide consisting of mannose and galactose units. It has the ability to hydrate in cold water to form highly viscous solutions. Due to these reasons, it is used in different industries such as food, oil & gas, and pharmaceuticals. It performs a wide range of functions such as acting as a friction reducer, binder, thickener, stabilizer, and gelling agent.

The global guar gum market is projected to reach USD 1.15 billion by 2022, at a CAGR of 7.9% from 2017. The guar gum market is growing due to its multifunctionality in a wide range of applications and increased health consciousness among consumers about healthy foods. However, imbalanced demand & supply and lack of transparency & market information have been restraining market growth.

Individual Quick Freezing (IQF) Market – Environmental Concerns Regarding Greenhouse Gas Emissions

The global individual quick freezing (IQF) market was valued at USD 14.77 Billion in 2016, and is projected to grow at a CAGR of 5.9% to reach USD 20.82 Billion by 2022. The objectives of the report are to define, segment, and estimate the size of the global market, in both quantitative and qualitative terms; furthermore, the market has been segmented on the basis of equipment type, processing stages, technology, product, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micromarkets, opportunities for stakeholders, details of the competitive landscape, and profiles of the key players, with respect to their market share 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 & collect information useful for this technical, market-oriented, and commercial study of the individual quick freezing market. The primary sources that have been involved include industry experts from core & related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies, and organizations related to all 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 & quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report on the individual quick freezing market.

High Cost Associated With Procurement of Rapid Bacteriological Testing Equipment

The bacteriological testing market, by services, was valued at USD 8.93 Billion in 2016; this is projected to reach 13.98 Billion by 2022, at a CAGR of 7.8% during the forecast period. The global increase in outbreaks of foodborne illnesses, implementation of stringent food safety regulations in developed economies, and increase in incidences of microbial contamination in water reservoirs due to more urban & industrial waste are the factors driving this market.

The various contributors involved in the value chain of bacteriological testing market include raw material suppliers, R&D institutes, bacteriological testing service providing companies [such as SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins (Luxembourg)], bacteriological testing equipment manufacturing companies [such as Thermo Fisher (US), 3M (US), Merck (Germany)], and government bodies & regulatory associations [such as the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Safety Authority (EFSA)].

The bacteriological testing services market, based on bacteria, has been segmented into Coliforms, Salmonella, Campylobacter, Legionella, Listeria, and others. The market for testing for Salmonella dominated in 2016, and is also projected to be fastest-growing segment during the forecast period. The severity of infection by this pathogen is generating demand for Salmonella testing in food and water samples, which in turn is driving the market for bacteriological testing.

Lutein Market-Awareness About the Medicinal Applications of Lutein

The lutein market was valued at USD 249.7 Million in 2016 and is projected to reach USD 357.7 Million by 2022, growing at a CAGR of 6.3% from 2017, in terms of value. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. The objectives of this study are to define, segment, and project the size of the lutein market based on form, application, source, 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 lutein market
  • To provide the analysis of the research & development spending and funding activities in the lutein 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 expansions, acquisitions, joint ventures/partnerships/collaboration, and new product launches—in the lutein market

The lutein market is estimated to reach USD 263.8 Million by 2017 and is projected to reach USD 357.7 Million by 2022, at a CAGR of 6.3% from 2017. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. The lutein market has been largely driven by the growing demand for lutein in the dietary supplements market. Lutein is mainly used for preventing eye diseases such as AMD and cataract. Companies are currently focusing on the application of lutein in food and beverages, as well as personal care products.

Tartaric Acid Market-Less Availability of Raw Materials Results in Higher Production Costs

The tartaric acid market was valued at USD 204.0 million in 2016; it is projected to grow at a CAGR of 5.7%, to reach USD 285.6 million by 2022. The basic objective of the report is to define, segment, and project the global market size for tartaric acid on the basis of application, source, type, and region. Other objectives include analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, analyzing the macro and microeconomic indicators of this market to provide factor analysis and to project the growth rate of the tartaric acid market. The base year considered for the study is 2016, while the forecast period considered is from 2017 to 2022.  

This report includes estimations of the market size in terms of value (USD million). Both the top-down and bottom-up approaches have been used to estimate and validate the size of the global tartaric acid market and to estimate the size of various other dependent submarkets. The key players in the market have been identified through secondary research. Sources include 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 were verified through primary sources. The figure below shows the breakdown of the profiles of the industry experts that participated in the primary discussions.