Research Reports And Consulting

According to a research report "Food Texture Market by Type (Cellulose Derivatives, Gums, Pectin, Gelatin, Starch, Inulin, Dextrin), Source, Form (Dry, Liquid), Application (Bakery & Confectionery Products, Dairy & Frozen Foods), Functionality and Region - Global Forecast to 2028" published by MarketsandMarkets, the food texture market is projected to reach USD 18.8 billion by 2028 from USD 14.3 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The market for food texturizers is experiencing growth due to the increasing demand for convenience and ready-to-eat food products, especially in the developing world.

By source, the natural segment dominated the food texture market.

Food texturizers have been traditionally extracted and processed from natural sources. Some of the traditional texturizers are cornstarch, gelatin, agar agar, and pectin, among others. They have been popular and are thus commercialized more in the market when compared to synthetic and semi-synthetic texturizers. Moreover, this segment is also projected to grow at the fastest rate during the forecast because of its high demand among consumers. Consumer inclination towards food additives such as natural texturizers is on a spike due to their perceived health benefits and sustainability, thereby driving the growth of naturally sourced texturizers.

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North America dominated the food texture market during the study period.

The North American region dominates the Food Texture Market. It also plays a significant role in boosting the market growth of the food texture industry during the forecast period. North America has a well-established food & beverage industry, with the presence of many leading manufacturers such as Tyson Foods (US), The Coca Cola Company (US), Mondelez International (US), General Mills (US), The Kraft Heinz Company (US), among others. US, which is a major country in North America, is also one of the top 10 exporters of cellulose and its chemical derivatives and pectin. Canada is among one of the top 10 exporters of gelatin. This reflects the high production of various types of food texturizers in the region.

Increase in demand for clean-label products and consumer health and wellness trends to drive the market growth of food textures.

Consumers in developed countries are increasingly seeking food products that do not contain artificial or synthetic additives due to the potential long-term negative health effects. To achieve the desired texture and extend the shelf-life of products, manufacturers are turning to natural preservatives, thickeners, and sweeteners. As people become more health-conscious, they are looking for minimally processed and naturally sourced food and beverage options.

The trend towards clean-label products is gaining momentum in the packaged food industry worldwide. Consumers are interested in knowing the ingredients and manufacturing processes used in their food products. They are also willing to pay more for products that they perceive to be clean and free of harmful additives. Consumers are paying closer attention to labels and nutritional information when making purchasing decisions than ever before. Natural food texturizers are considered clean-label products, and this is expected to drive the growth of the overall food texture market.

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Major players profiled:

• Ajinomoto Co. Inc. (Japan)
• ADM (US)
• Ashland (US)
• IFF (US)
• Cargill (US)
• Avebe (Netherlands)
• CP kelco (US)
• kerry group (Ireland)
• DSM (Netherlands)
• Ingredion (US)
• Estelle Chemicals Pvt. Ltd. (India)
• Fiberstar Inc. (US)

According to a research report "Protein Hydrolysis Enzymes Market by Source (Microorganisms, Animals, Plants), Method of Production (Fermentation and Extraction), Product, Application (Detergent, Pharmaceuticals, Food, Textiles & Leather) and Region - Global Forecast to 2027" published by MarketsandMarkets, the protein hydrolysis enzymes market is projected to reach USD 2.9 billion by 2027, growing at a CAGR of 6.2% from 2022 to 2027.
The protein hydrolysis is also prominently used s in the detergent industry. They represent one of the major groups of enzymes and are characterized by their widespread use in detergents. In addition to raising the level of cleaning, protein also provide environmental benefits by reducing energy consumption through shorter washing times, lower washing temperatures, and reduced water consumption.
Global meat production and consumption have increased rapidly in recent decades. According to the OECD-FAO Agricultural Outlook the global meat supply is projected to increase to 374 Mt by 2030. The rise in global consumption demand of meat proteins in the coming decade is estimated to grow by 14% by 2030.
Owing to these reasons, new feed enzymes especially protein hydrolysis are rapidly adopted by the meat industry as they are used in feed industry for the purpose of animal nutrition; essential to meet the growing demand for meat. This has also facilitated the development of significant new technology to advance their use and availability. The importance of functionality is expected to be sustained for a long period of time due to lack of efficient substitutes to protein hydrolysis enzymes.
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Asia Pacific region is anticipated to witness the highest growth rate in the protein hydrolysis enzymes market during the forecast period.
In the Asia Pacific region, the protein hydrolysis enzymes market is largely driven by the increasing usage in detergents, pharmaceuticals, and food industries. The countries in the region such as China, India, Japan, and South Korea are highly reputed in the global pharmaceutical market for their continuous technological innovation. According to National Bureau of Statistics (NBS), China ranked second in the world in terms of research and development. Moreover, the research and development investment are expected to increase by 7% annually during 2021 to 2025. According to the April 2022 report of Indian Pharmaceuticals Industry Analysis, the Indian pharmaceutical market experienced a 13.9% growth in overall revenue in January 2022. The increase in technological innovations in the pharmaceutical segment coupled with growing research and development investments are anticipated to propel the growth of the market in the region.
The key players in this market include Novozymes (Denmark), Associated British Foods (UK), DSM (Netherlands), DuPont (US), BASF (Germany), Advanced Enzymes Technologies (India), and Chr. Hansen (Denmark).
The pharmaceuticals segment is identified to be the fastest-growing segment among the various applications of protein hydrolysis enzymes during the forecast period
Protein hydrolysis enzymes are used extensively for the preparation of medicines, such as ointments for debridement of wounds and used in denture cleaners. Protein hydrolysis enzymes from microbial sources are preferred over those from plant and animal sources due to their wide biochemical diversity and genetic susceptibility. Application of microbial protein hydrolysis enzymes in the pharmaceuticals industry such as serrapeptase, serrazime, lysostaphin, L-asparaginase, L-glutaminase, streptokinase, streptokinase-streptodornase, and xiaflex. These enzymes are used to treat cancer, cardiovascular disease, respiratory tract disorders, and inflammation. Application of plant protein hydrolysis enzymes in the pharmaceutical industry includes papain and bromelain. Papain is an effective enzyme used in treating dyspepsia and other digestive disorders. Papain is used to treat ringworm, remove warts, and heal skin injuries because of its capacity to break down dead tissue without harming living tissue. Bromelain is used in the treatment of cardiovascular disease, decrustation of burns and as an anti-inflammatory agent. Animal-based protein hydrolysis enzymes are applied in the pharmaceutical industry include pepsin, trypsin & chymotrypsin, hyaluronidase, urokinase and collagenase. Pepsin is mainly used to aid protein digestion. Trypsin can be used as a wet or dry dressing as well as an ointment. Hyaluronidase helps drug diffusion when conjugated with other drugs such as antibiotics, adrenalin, heparin, and local anesthesia. Urokinase and collagenase in blood clot removal and skin ulcers.
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According to a research report "Feed Additives Market by Livestock, Type (Phosphates, Amino Acids, Vitamins, Acidifiers, Carotenoids, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Form, Source, and Region - Global Forecast to 2028" published by MarketsandMarkets, the global feed additives market is estimated at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028. Feed additives are substances added to animal feed to enhance its nutritional value, improve animal health, and boost livestock productivity. These additives have gained significant importance in the global agricultural and livestock industry due to their ability to address various challenges faced by farmers and feed producers.

South America is estimated to grow at a significant CAGR in the global feed additives market.

With the region's growing population and rising disposable incomes, there is an increasing appetite for meat consumption. To meet this demand, South American livestock producers are increasingly turning to feed additives to enhance animal growth, health, and overall productivity. Furthermore, South America has established itself as a major player in the global meat export market. Countries like Brazil and Argentina are among the world's largest meat exporters, particularly in beef and poultry. To maintain and expand their market share, these nations are investing in improving the quality and quantity of their meat production, thus driving the demand for feed additives. Furthermore, South America's vast agricultural landscape offers ample expansion opportunities. The region's favorable climate and abundant arable land make it conducive for the cultivation of feed crops and the rearing of livestock. As a result, there is a growing need for feed additives to optimize feed formulations and ensure the nutritional requirements of animals are met. This demand is further amplified by a shift towards more sustainable and environmentally friendly farming practices, where feed additives play a pivotal role in reducing the environmental footprint of livestock production.

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By livestock, the aquatic animals segment is anticipated to grow at a significant rate in the feed additives market.

The global demand for seafood has been steadily increasing due to its nutritional benefits and rising consumer preferences for healthier diets. As a result, aquaculture, the farming of aquatic animals, has gained prominence as a means to meet this demand sustainably. To ensure the optimal growth and health of aquatic species in aquaculture settings, the use of feed additives has become essential. Feed additives tailored for aquatic animals are designed to improve feed efficiency, enhance growth rates, and bolster disease resistance. These additives play a crucial role in maintaining water quality and ensuring the well-being of aquatic livestock, ultimately contributing to higher yields and profitability for aquaculture farmers. Furthermore, environmental concerns and overfishing have prompted a shift from wild-caught to farmed seafood. As a result, aquaculture is becoming a vital source of fish and seafood production, leading to a higher consumption of feed additives in the industry.

By type, the preservatives segment is estimated to grow at the highest CAGR during the forecasted period.

Preservatives are substances added to animal feed to inhibit microbial growth, prevent spoilage, and extend the shelf life of feed ingredients. They are primarily used to maintain the nutritional value of feed, ensuring that animals receive the required nutrients for optimal growth and health. Additionally, preservatives help safeguard feed from contamination and mold, reducing the risk of mycotoxin formation, which can be harmful to animals. The increasing demand for high-quality and safe animal nutrition is a key driver behind the significant growth of the preservatives sub-segment. As the global population continues to rise, there is a growing need for efficient livestock production to meet the demand for animal-derived products. This necessitates the use of feed additives, including preservatives, to maintain feed quality and protect animal health.

Market Drivers: Rise in awareness about feed quality

As consumers become more conscious of the quality and safety of animal-derived products, such as meat, milk, and eggs, there has been a growing demand for healthier and more sustainable livestock production practices. Owing to this, farmers and producers have become increasingly cognizant of the fact that the nutritional content and safety of animal feed directly impact the health, growth, and overall performance of their livestock. This rising awareness has spurred a growing demand for feed additives, as they are essential in enhancing the nutritional value of animal feed and ensuring its safety. Moreover, the occurrence of disease outbreaks in the livestock industry has further fueled this awareness. Outbreaks like avian influenza and swine fever have highlighted the immense importance of maintaining stringent feed quality standards to prevent the spread of diseases and safeguard animal health. As a result, farmers are now investing more in high-quality feed additives to bolster their animal nutrition programs, reduce disease risks, and optimize production efficiency.

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Significant businesses showcased:

Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), Evonik Industries AG (Germany), BASF SE (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), CHR. HANSEN (Denmark), and TEGASA (Spain) are among the key players in the global feed additives market. To increase their company's revenues and market shares, companies are focusing on launching new products, developing partnerships, and expanding their production facilities. The key strategies used by companies in the feed additives market include geographical expansion to tap the potential of emerging economies, strategic acquisitions to gain a foothold over the extensive supply chain, and new product launches as a result of extensive research and development (R&D) initiatives.

The Agricultural Activator Adjuvants Market is estimated at USD 2.6 billion in 2023 and is projected to reach USD 3.5 billion by 2028, at a CAGR of 6.0% from 2023 to 2028 according to a report published by MarketsandMarkets™. The adoption of agricultural activator adjuvants is highest in developed countries such as the United States, Canada, and Western Europe. However, the adoption rate is growing rapidly in developing countries such as India, China, and Brazil. This is due to a number of factors, including the increasing demand for food, the growing awareness of the benefits of agricultural activator adjuvants, and the increasing availability of these products in developing countries.
The oil-based adjuvants segment is expected to grow at the highest CAGR during the forecast period.
The market for oil-based adjuvants has experienced steady growth due to the growing global population, rising crop prices, increasing use of crop protection chemicals, and growing demand for biofuels. The farmers and growers are becoming increasingly aware of the benefits of using oil-based adjuvants, such as improved coverage, reduced drift, and increased penetration of pesticides and herbicides.
Moreover, oil-based adjuvants can help to improve the efficacy of pesticides and herbicides, which can lead to increased crop yields. This is particularly important in developing countries, where there is a growing need to produce more food to feed a growing population. Manufacturers are constantly developing new oil-based adjuvants that are more effective and easier to use. This is making them more attractive to farmers and growers.
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The cereals and grains segment by crop type emerged as a driving force in the agricultural activator adjuvants market in 2022.
cereals and grains contributed to the growth of agricultural activator adjuvants. Cereals and grains are the most widely grown crops in the world, and they are also the most important crops for food security. As the global population continues to grow, there is an increasing demand for cereals and grains. This is putting pressure on farmers to produce more food from the same amount of land.
Brazil is expected to be the dominating market in the South American region during the forecast period.
Brazil is the world's largest consumer of pesticides, and this trend is expected to continue as the country's agricultural sector expands. An increase in the adoption of precision farming practices involves using technology to apply crop protection chemicals and other inputs more precisely and efficiently. This can help to reduce costs and environmental impact, but it also requires the use of adjuvants to ensure that the chemicals are applied effectively. Brazil is anticipated to be the dominant market due to the presence of leading players including BASF SE, Bayer, Wilbur-Ellis, Dow, and Syngenta. These companies offer a wide range of activator adjuvants that are designed to meet the specific needs of Brazilian farmers.
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Brazilian farmers are under increasing pressure to produce high-quality agricultural products for both domestic and export markets. Adjuvants can help to improve the efficacy of crop protection chemicals, which can lead to higher yields and better quality crops.
Major players operating in the agricultural activator adjuvants market are Corteva. (US), Evonik (Germany), Solvay (Belgium), BASF SE (Germany), CHS Inc. (US), Corda International Plc (UK), Nufarm (Australia), Clariant (Switzerland), and Stepan Company (US).

According to a research report "Beneficial Insects Market by Application (Crop protection, Crop production), Type (Predators, Parasitoids, Pathogens, and Pollinators), Crop Type (Fruits & Vegetables, Flowers & Ornamentals, and Grains & Pulses) and Region - Global Forecast to 2028" published by MarketsandMarkets, the beneficial insects market is projected to reach USD 1,630 million by 2028 from USD 877 million in 2023, at a CAGR of 13.2% during the forecast period in terms of value. The market for beneficial insects is experiencing growth due to increasing demand for chemical-free farming and organic farming which has led to a surge in beneficial insects.

Asia Pacific to boost market growth during the forecast period.

The Asia-Pacific region is experiencing a significant surge in demand for beneficial insects, reflecting a growing recognition of their role in sustainable agriculture. As countries in the region have to enhance food security and reduce the environmental impact of conventional farming practices, the adoption of biological control measures has gained momentum. Beneficial insects, such as parasitoids, predators, and pathogens, offer a natural and eco-friendly solution to pest management, reducing the reliance on chemical pesticides. The rising demand for organic and pesticide-free produce, coupled with an increased awareness of the importance of biodiversity conservation, has fueled the interest in these beneficial allies. By incorporating them into integrated pest management (IPM) programs, farmers can effectively combat pests while preserving the ecological balance of their agricultural systems. The Asia-Pacific region, with its diverse agricultural landscape, is witnessing a shift towards sustainable practices, and the demand for beneficial insects is poised to continue rising as more farmers recognize their immense potential in achieving better production and ecological harmony.

Beneficial insects help in crop protection in fruits and vegetables.

Beneficial insects play a vital role in crop protection for fruits and vegetables. These natural predators, such as ladybugs, lacewings, and parasitic wasps, offer an eco-friendly solution for controlling pests that commonly infest these crops. By introducing beneficial insects into the fields, farmers can effectively combat pests like aphids, caterpillars, and whiteflies. These beneficial insects prey upon the pests, reducing their populations and preventing damage to the plants. Utilizing beneficial insects for crop protection in fruits and vegetables offers numerous benefits, including reduced reliance on chemical pesticides, minimized environmental impact, and the preservation of beneficial organisms and pollinators. Integrating these natural pest control agents into agricultural practices promotes sustainable farming, enhances crop quality, and contributes to the long-term health and productivity of the crops.

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Opportunity: Ease of Management in Controlled Environments for Beneficial Insects

Beneficial insects offer an opportunity for easy management in controlled environments. Unlike chemical pesticides, these insects can be conveniently deployed and monitored in controlled settings such as greenhouses or indoor farms. With regulated temperature, humidity, and lighting, the controlled environment creates optimal conditions for beneficial insect populations to thrive. This enhances their reproduction, survival, and pest control capabilities. Additionally, managing beneficial insects in controlled environments allows for precision agriculture, as farmers can closely monitor their performance and target specific pests. The ease of management in controlled environments presents an opportunity to maximize the effectiveness of beneficial insects, promoting sustainable agriculture and consistent crop protection outcomes.

North America is expected to dominate its market share in the market during the forecast period.

The beneficial insects market in the world is dominated by North America. Beneficial insects are one of the crop protection market's fastest-growing segments in North America. Due to growing consumer concern over their health and the environment, there is an increase in the market for organic crop protection solutions in North America. The consumption of organic products has also been heavily promoted because they don't include synthetic chemicals that leave behind residues and support the expansion of the beneficial insects market in North America.

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Prominent firms featured

The key players in this include Applied Bio-nomics Ltd (Canada), Biobest Group NV (Belgium), Bioline AgroSciences Ltd (UK), Fargro Limited (UK), Andermatt Group AG (Switzerland), ARBICO Organics (US), BioBee Ltd (Israel), BIONEMA (UK), Koppert (Netherlands), Tip Top Bio-Control (US). These players in this market are focusing on increasing their presence by extending their product portfolio. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

The Food and Beverage Processing Equipment Market is a segment of the broader food and beverage industry that focuses on the machinery and equipment used in various stages of food and beverage production, processing, and packaging. This market plays a crucial role in ensuring the efficiency, quality, and safety of food and beverage products.

Key components of the Food and Beverage Processing Equipment Market include:

1. Processing Equipment: This category includes machines used for various food and beverage processing activities such as cutting, slicing, mixing, cooking, and pasteurizing. Examples of processing equipment include blenders, mixers, ovens, and pasteurization machines.
2. Packaging Equipment: Packaging is a critical aspect of the industry, and this category encompasses machinery used for filling, sealing, labeling, and packaging food and beverage products. Common examples include filling machines, labeling machines, and packaging lines.
3. Bakery and Confectionery Equipment: This niche within the market focuses on equipment used in the production of bakery and confectionery products. It includes ovens, dough mixers, and cookie or candy forming machines.
4. Beverage Processing Equipment: Specifically designed for the production of beverages, this category includes machinery for brewing, carbonating, and bottling beverages. Equipment like brewing tanks, carbonation systems, and filling machines are common in this segment.
5. Meat and Poultry Processing Equipment: Specialized machinery is used in the meat and poultry processing industry, including meat grinders, slicers, and portioning equipment.
6. Dairy Processing Equipment: This segment deals with machinery used in dairy product production, including pasteurizers, homogenizers, and equipment for yogurt and cheese production.
7. Food Sterilization Equipment: Sterilization equipment is essential for ensuring the safety and shelf life of many food products. Autoclaves and retort systems are examples of such equipment.
8. Food and Beverage Testing and Inspection Equipment: Quality control is crucial in the food and beverage industry. Testing and inspection equipment, such as food analyzers and metal detectors, help ensure product quality and safety.

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The Asia Pacific region accounted for the largest share and fastest growing market, in terms of value, of the global food & beverage processing equipment market in 2023.

The Asia Pacific region dominates in the food and beverage processing equipment market for several reasons. Firstly, the region has a large population, which has led to an increase in demand for processed food and beverages. This has in turn fueled the demand for food and beverage processing equipment. Secondly, the food processing industry in the Asia Pacific region is diverse and includes various sub-sectors such as meat and poultry processing, dairy processing, bakery and confectionery, and processed fruits and vegetables. Furthermore, the Asia Pacific region is home to many major food processing companies, including Nestle, Danone, Fonterra, and Tyson Foods, among others. The region also has many local companies that are leaders in their respective markets. Thus, catering for all these food industries in this region have generated a high demand for the food and beverage processing equipment and accounted to be the largest share and fasted growing market.

The automatic segment accounted for the largest share of the food & beverage processing equipment market in 2023 in terms of value.

Automatic machines provide consistency in production, which is crucial for maintaining the quality of the food product. With manual machines, there is a higher risk of human error, which can lead to inconsistent product quality. Automatic machines, on the other hand, can produce the same product consistently, ensuring that the product meets the required specifications every time. These advantages make them a preferred choice for food manufacturers, leading to increased adoption of automatic machines in the food industry.

Opportunities: Government initiatives toward meat & processed food industry

The growing demand for extruded snacks, dairy, meat, confections, and bakery products in developing markets such as China, India, Brazil, and the European region is driving up demand for automation in the food & beverage processing industry. Manufacturers are increasing production to reach these markets, driving up demand for food extruders in the area. Manufacturers of snack pellets are being inspired by this to upgrade and expand their facilities. Industry automation has steadily increased since 2017, says Invest India (National Investment Promotion and Facilitation Agency), and investments have increased. According to the Minister of State for Food Processing Industries, FDI in the food processing industry totaled USD 44.3 billion in 2018–2019.

In 2019, through training, food safety audits, certification of animal feed, and pressuring merchants to make health and safety improvements, the Food Safety and Standards Authority of India (FSSAI) undertook a hygiene and cleanliness crusade in the Indian meat business. Within the next three months, it intended to conduct a food safety audit of meat processing facilities, slaughterhouses, distribution centers, and retail establishments throughout 40 cities. Additionally, by December 2019, the FDA had held 50 training sessions for meat handlers throughout India. The FSSAI stated that it was considering updating formal animal feed requirements as well as financing initiatives offering small meat businesses government support to enhance their sanitary methods, collaborating with other government organizations, including the Bureau of Indian Requirements.

The cost of labor per hour increased by 4.2% in the Euro region and 4.1% in the European Union (EU) in the second quarter of 2020, the quarter that saw the widespread implementation of the COVID-19 containment measures in the European Union. Hourly labor costs climbed by 3.7% and 3.9%, respectively, in the first quarter of 2020. Automation now has more room to grow in all economies. To address the labor shortage, because of the increasing labor wages, European manufacturers are concentrating on robotic interventions because of the rising labor wages.

The working and living circumstances of the posted and temporary workers employed by the German meat processing sector had been the subject of heated discussion for years. The government attempted to address the issue by reaching agreements with the sector that would ensure moral behavior and better working conditions. However, the pandemic exposed occupational health and safety gaps, infection prevention, and health protection standards. The large number of infections that resulted from these gaps, as well as the new regulations on labor inspection in general and the working conditions in the meat sector, are the results. New rules went into effect on January 1, 2021. They must be vigorously enforced by the appropriate authorities.

Brazil is transforming into an economic powerhouse in promoting domestic industry development and foreign investment. For processed bakery and snack goods, there is a significant market in Europe. By bringing together various stakeholders in the snacks industry, the European Snacks Association (ESA) has supported the markets for snacks and snack pellets. To advance trade through knowledge sharing, the association organizes various trade shows, conferences, and publications of technical insights. The ESA accepts responsibility for informing members of the association’s current and future trends. The North American Association of Food Equipment Manufacturers also offers all the assistance needed to start, grow, or improve a business in terms of technical know-how and other guidance. Via all these government initiatives, the region-wise government is trying to increase employment opportunities and promote better quality meat for export purposes.

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Key industry participants presented:

• Tetra Laval (Switzerland)
• Marel (Iceland)
• GEA Group Aktiengesellschaft (Germany)
• JBT (US)
• Bühler (Switzerland)
• Alfa Laval (Sweden)
• Bucher Industries AG (Switzerland)
• SPX Flow Inc.(US)
• The Middleby Corporation (US)
• Krones AG (Germany)

The turf protection market refers to the industry involved in providing products and solutions aimed at safeguarding and enhancing the health and quality of natural and synthetic turf surfaces. Turf protection is essential in various applications, including sports fields, golf courses, residential lawns, parks, and commercial landscaping. The primary goal of turf protection is to maintain the integrity and durability of these surfaces while ensuring they remain safe for use.

Turf Protection Market is projected to reach USD 8.1 billion by 2028 from USD 6.4 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. Owing to the increase in demand for sports, residential and commercial sectors and the adoption of integrated pest management in the turf industry.

Key factors driving the turf protection market include:

1. Sports Industry: The demand for high-quality sports fields and stadiums is a significant driver. Well-maintained and protected turf surfaces are crucial for sports such as football, soccer, baseball, and golf.
2. Landscaping and Aesthetics: Landscaping and lawn care services also contribute to the market. Property owners, both residential and commercial, seek products and solutions to enhance the appearance and longevity of their lawns.
3. Environmental Concerns: With growing environmental awareness, there's a demand for eco-friendly and sustainable turf protection solutions that minimize the use of harmful chemicals and promote natural turf health.
4. Recreational Parks: Public parks and recreational areas need turf protection to ensure that they can accommodate visitors safely and comfortably.
5. Weather Variability: Turf protection products are often used to protect against adverse weather conditions, such as heavy rainfall, frost, and drought, which can damage turf surfaces.
6. Technological Advancements: Innovations in turf protection technology, such as advanced drainage systems, synthetic turf options, and monitoring solutions, are driving market growth.

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Market Driver : Increase in consumer demands from sports fields and residential areas and improvement in integrated pest management in turf industry

The turf protection market continues to grow rapidly. Key factors contributing to this growth are an increase in demand from residential & commercial property development and increasing number of golf courses & other sports fields across the globe. Moreover, according to the survey, demand for apartments is at an all-time high. Also, around the world, there is also more investment being made in sports infrastructure. In the US, a number of sports clubs will start investing in new or refurbished stadiums in 2022. The Los Angeles Clippers of the National Basketball Association plan to invest USD 1.2 billion in the building of the facility.

Integrated Pest Management (IPM) systems that incorporate suitable control techniques to keep pest damage below an established threshold level are gaining acceptance in the turf industry. However, an IPM program should result in a more efficient use of pesticides, which usually means optimum usage of pesticides. Integrated pest management involves establishing a pest threshold level that is consistent with the intended function of the sports turf, thorough on-site monitoring & record-keeping, and consideration of different pest control measures

Demand for Biological products drive the market due to increase in environmental awareness

Biological products are those that contain active compounds that are derived from microbial, plant, or animal sources and are prepared with micronutrients to help improve the general condition of the grass. Bio-based ingredients such as plant & animal extracts and fungi in biological products are more effective in controlling insects and pests found in turf; they also have less carcinogenic effects over prolonged usage, which makes them more favorable among turf managers. Colonies of helpful microorganisms multiply in the soil, which helps in enhancing soil quality by facilitating the availability of fertilizers and crucial nutrients to the turf. The use of herbicides and insecticides has the potential to contaminate groundwater; however, biological management of the grass may be able to reduce this risk. This makes biological turf protection more popular and with increased focus on usage of natural products, demand for biological turf protection remains optimistic

By application, the sports turf category holds a significant market share during the forecast period

Sports activities that take place on natural grass turf require proper maintenance and protection to ensure the safety and longevity of the playing surface. Turf protection products such as chemicals, biostimulants, and other solutions play a critical role in achieving this goal. Chemicals such as herbicides, fungicides, and insecticides can help to control pests, weeds, and diseases that can cause damage to the turf. Biostimulants, on the other hand, promote healthy growth by enhancing the soil structure, increasing nutrient uptake, and improving root development.

South America to boost market growth during the forecast period

The South American region is segmented into Brazil, Argentina, and Rest of South America ( Chile and Colombia). The South American turf protection market is expected to grow in the coming years, driven by various factors such as the increasing demand for sports turf, the growing popularity of sports, and the development of sports infrastructure in the region. Brazil is the largest market for turf protection in South America, accounting for a significant share of the regional market. The country has a large number of sports clubs and facilities. Argentina, Chile, and Colombia are other key markets for turf protection in South America. These countries have a growing sports culture and have been investing in sports infrastructure in recent years.

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Primary Companies Highlighted in the Industry:

• Syngenta Crop Protection AG (Switzerland),
• UPL Limited (India),
• Corteva Agriscience (US),
• Nufarm (US),
• Bayer AG (Germany),
• BASF SE (Germany),
• SDS Biotech K.K. (Japan),
• AMVAC Chemical Corporation (US),
• Bioceres Crop Solutions (Argentina),
• Colin Campbell (Chemicals) Pty Ltd (Australia),
• ICL Group Ltd. (US)

According to a research report "Feed Phosphates Market by Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, and Tricalcium), Livestock (Ruminants, Swine, Poultry, and Aquaculture), Form (Powder and Granule), and Region - Global Forecast to 2028" published by MarketsandMarkets, the feed phosphates market is estimated at USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% from 2023 to 2028. Feed phosphates contribute to the overall health and performance of animals, including bone development, energy metabolism, and immune function. Livestock and poultry farmers are increasingly aware of the benefits of feed phosphates in enhancing animal well-being, leading to their higher adoption.

Market Driver: Rise in consumption of meat and dairy products

The demand for meat, eggs, and dairy products in developing countries has also increased significantly over the past few years. According to Organisation for Economic Co-operation and Development (OECD), in 2021, global milk production, comprising approximately 81% cow milk, 15% buffalo milk, and 4% from goats, sheep, and camels combined, increased by 1.1% to reach approximately 887 million metric tonnes (Mt). This growth was primarily fueled by increased output in India and Pakistan, attributed to the expansion of dairy herds and improved availability of fodder, aided by favorable monsoon rains. According to OECD 2021, the per capita consumption of dairy products is projected to rise by 0.4% per year to reach 21.9 kg (milk solids equivalent) by 2031 in high-income countries. According to the same source, in comparison, low-middle-income countries are expected to experience an annual increase of 2.0% to reach 21.2 kg, while low-income countries are anticipated to see a 1.5% annual increase to reach 5.4 kg. Utilizing feed phosphates in dairy cattle diets can lead to improved feed efficiency. The presence of adequate phosphorus and other essential minerals in the feed enhances nutrient absorption and utilization in the rumen and digestive tract. As a result, dairy cows can convert feed into milk more efficiently, reducing wastage and enhancing overall feed efficiency.

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Europe is expected to account for the largest market share in 2023.

The feed phosphates market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. According to the Alltech Feed Survey, in 2021, feed production in Europe occupied 261.9 million metric tons in 2020 and held a third rank worldwide to cater to animal nutrition in livestock, poultry, swine, and many others. Meat consumption in the region has been on a steady rise, driven by factors such as population growth, urbanization, demographics, higher incomes, and price fluctuations. As a result, the demand for feed in Europe is increasing.

Prominent Firms Featured in the Industry Are:

• Mosiac (US)
• Nutrien Ltd (Canada)
• OCP (Morocco)
• Rotem (Turkey)
• Eurochem Group (Switzerland)
• Phosagro (Russia)
• Fosfitalia Group (Italy)
• Phosphea (France)
• YARA (Norway)
• J. R. Simplot Company (US)

Dicalcium phosphate (DCP) segment, by type is expected to account for the largest market share in 2023

DCP is known for its high bioavailability and digestibility, meaning animals can absorb and utilize the calcium and phosphorus efficiently. Improved nutrient utilization leads to better feed efficiency, resulting in cost savings for farmers as less feed is required to achieve optimal animal growth and production. Dicalcium phosphate can be used in various animal feed formulations, including poultry, swine, cattle, and aquaculture feeds. Its versatility and suitability for different species make it a popular choice among livestock farmers.

𝑻𝒐 𝑲𝒏𝒐𝒘 𝑴𝒐𝒓𝒆 𝑮𝒆𝒕 𝑷𝑫𝑭 𝑪𝒐𝒑𝒚: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2507098

Powder segment, by form, is projected to witness the highest CAGR during the forecast period.

Powdered feed phosphates are easy to handle and mix with other feed ingredients. Their fine texture allows for uniform distribution throughout the feed, ensuring that animals receive a consistent and balanced supply of essential minerals. The fine particle size of powdered feed phosphates results in higher surface area, facilitating better enzymatic activity and absorption in the gastrointestinal tract. This enhanced bioavailability ensures that the animals can efficiently utilize the phosphorus and other minerals present in the feed phosphate. 

The global plant factory market is expected to see significant growth in the coming years, driven by factors such as increasing population, climate change, and the need for more sustainable food production methods. Plant factories use less water, pesticides, and fertilizers than traditional farming, making them an environmentally friendly solution for meeting the growing demand for food.The plant factory market is estimated at USD 138 million in 2023; it is projected to grow at a CAGR of 7.3% to reach USD 196 million by 2028. The demand for plant factory market has been steadily increasing over the years due to several factors. One of the main drivers is the growing global population and the need to produce more food in a sustainable manner. Plant factories offer a solution by using advanced technology to grow crops in a controlled environment, allowing for year-round production and higher yields. Additionally, plant factories are able to reduce the amount of water and land required for farming, making them an attractive option for countries facing water scarcity and limited arable land. Furthermore, consumers are increasingly demanding locally grown, pesticide-free produce, which can be provided by plant factories. As a result, the plant factory market is expected to continue growing in the coming years as the demand for sustainable, high-quality produce increases.

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Vertical farming, a type of plant factory that stacks multiple layers of plants vertically, is becoming increasingly popular due to its high efficiency and the ability to grow large quantities of food in a small space. Plant factories also provide greater control over plant growth, allowing for year-round production and customization of plant characteristics.

The plant factory market is an emerging industry that is still evolving and growing rapidly. Here are some of the current trends shaping the plant factory market:

1. Vertical farming: Vertical farming, which involves stacking layers of plants vertically, is becoming increasingly popular in the plant factory market due to its high efficiency and ability to maximize limited space. Vertical farms can produce large quantities of food using fewer resources than traditional farming methods.
2. Automation: Plant factories rely heavily on automation technology to monitor and control the growth environment. The use of artificial intelligence, sensors, and robotics is increasing in the plant factory market, allowing for greater precision and efficiency in crop production.
3. LED lighting: LED lighting is an important technology in the plant factory market, as it allows for precise control over light wavelengths and intensity, which can significantly impact plant growth. LED lighting is also energy-efficient, making it an attractive option for plant factories looking to reduce their carbon footprint.
4. Organic plant factories: As consumers become more interested in organic and sustainable food options, there is a growing trend toward organic plant factories that use natural inputs and methods to grow crops.
5. Local production: Plant factories are increasingly being used to produce food in urban areas, bringing fresh, locally grown produce to city dwellers who may not have access to traditional farming. This trend is expected to continue as demand for local food options grows.

The key players in this include AeroFarms (US), Gotham Greens (US), BOWERY FARMING INC. (US), Oishii (US), Plenty Unlimited Inc. (US), MIRAI (Japan), Agricool (France), AppHarvest (US), CropOne (UAE) and BrightFarms (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Full artificial light segment of the plant factory market by light type is projected to witness the highest CAGR during the forecast period.

Based on light type, the full artificial light segment estimated to account for the highest growth rate. Full artificial light, or LED lighting, is a critical component of plant factories, which are indoor farms designed specifically for commercial crop production. LED lighting technology has advanced significantly in recent years, allowing for precise control over the light spectrum and intensity, making it possible to optimize plant growth and increase crop yields. This technology has been a major driver of the plant factory market, as it enables year-round crop production in a controlled indoor environment, independent of weather conditions and seasonal changes.

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Based on crop type, Vegetables segment are anticipated to dominate the market.

Based on crop type, the market is segmented into the vegetables, fruits, flowers & ornamentals, other crop types. By providing an ideal growing environment, plant factories can produce vegetables that are more consistent in size, color, and taste, and are free from pesticides and other contaminants. Additionally, plant factories can use advanced technologies such as hydroponics and aeroponics to deliver nutrients directly to the roots of plants, reducing the need for fertilizers and improving the efficiency of nutrient uptake. The result is produce that is free from harmful chemical residues and other contaminants, promoting healthier and safer food for consumers. 

Agricultural pheromones are chemical compounds produced by insects and other organisms in the agricultural ecosystem. These chemicals play a crucial role in the communication and behavior of pests, beneficial insects, and even some plants. They are used in various ways to manage agricultural pests and improve crop yields while reducing the reliance on chemical pesticides.

According to MarketsandMarkets, the agricultural pheromones market is projected to reach USD 8.2 billion by 2028 from 3.9 billion by 2023, at a CAGR of 16.2% during the forecast period in terms of value. A number of variables influence the need for agricultural pheromones worldwide. Initially, there is a global shift away from chemical-intensive farming practices and a growing emphasis on sustainable agriculture practices. Agricultural pheromones provide a targeted, all-natural pest management strategy that lessens the need for toxic pesticides. In addition, farmers are looking for creative ways to maximize agricultural yields due to the growing world population and the necessity to increase food production. Pheromones are essential for enhancing pollination and elevating agricultural output. Regulatory demands and customer demands for pesticide-free produce have also accelerated the use of agricultural pheromones as a secure and environmentally friendly pest control method.

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The list of Top Key Players in the Agricultural Pheromones Market Report are : 
Shin-Etsu Chemical Co., Ltd (Japan), BASF SE (Germany), Mitsui & Co., Ltd. (Japan), Biobest Group NV (Belgium), The Wonderful Company LLC (US), Russell IPM (UK), ISCA Technologies (US), Trécé Incorporated (US), Bedoukian Research, Inc. (US), Pherobank (Netherlands), Koppert Biological Systems (Netherlands), Gowan Company (US), InVivo (France), Bio Controle (Brazil), and ATGC Biotech Pvt Ltd. (India).
Shin-Etsu (Japan), Shin-Etsu Chemical Co., Ltd is a leading manufacturer of agricultural pheromones founded as Shin-Etsu Nitrogen Co., Ltd. initially manufactured chemical fertilizer and limestone nitrogen. The company operates through four business segments that include infrastructure materials, electronics materials, functional materials, processing & specialized services. The company offers pheromones through its functional materials business segment. The company has its domestic as well as overseas production bases. There are 27 domestic production bases and 93 production bases across Asia, Oceania, Europe, North America, and South America. In Japan, the company has its R&D divisions located within the premises of each production plant, that allows the company to quickly develop products along with extensive research support.

Koppert Biological Systems (Netherland), Koppert Biological Systems is involved in the production and distribution of biological solutions, which aids in coping with challenges, such as pest control, disease control, boosting pollination, and plant growth promotion. The company provides pesticides, pollination systems, distribution appliances (including blowing devices and dispersal systems), and monitoring solutions. It also provides pheromone traps through its monitoring solutions category. The company supports its customers across more than 100 countries for the successful application of sustainable growing methods. The company has 30 subsidiaries across regions such as North America, South America, Asia-Pacific, and Europe. In January 2023, Koppert Biological Systems completed the acquisition of Linderso AB, a prominent distributor in Sweden. The acquisition would enable the company to improve its geographical presence and commercial strength in the Scandinavian market.

The Asia Pacific region accounted for the largest growing market, in terms of value, of the global agricultural pheromones market in 2028.

Due to several variables, the market for agricultural pheromones is expanding in North America. As farmers look for alternatives to chemical pesticides, there is first a growing awareness of and adoption of sustainable farming practices in the area. Second, the demand for organic produce and governmental laws are pushing the need for efficient pest control techniques. Additionally, improvements in pheromone-based solution research and development have raised their affordability and efficacy, further boosting the market in North America.

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Market Driver : Increasing demand for sustainable crop protection solutions

The thriving agriculture industry has gradually paved the way for the increased organized production of agricultural commodities products, which is, in turn, boosting the agriculture industry. The global agriculture sector actively uses insecticides and pesticides to eliminate pests and attain high crop yields. As per the FAO, at the global level, total pesticides use in agriculture remained stable in 2020, at 2.7 million tonnes (Mt) of active ingredients. 

The worldwide application of pesticides per area of cropland was 1.8 kg/ha. On a per capita and per value of agricultural production basis, pesticides application was 0.69 kg/1000 litre and 0.37 kg/person, respectively. However, the rising consumer inclination toward the harmful effects of insecticides and chemical pesticides on human health has compelled farmers to improve their agricultural practices. This, in turn, led to the worldwide utilization of biopesticides and the implementation of a sustainable crop management system.

Insect repellent active ingredients market in terms of revenue was estimated to be worth USD1.0 billion in 2023 and is poised to reach USD1.5 billion by 2028, growing at a CAGR of 7.6% from 2023-2028 according to a latest report published by MarketsandMarkets™. The rise in insect-borne diseases, such as malaria, dengue fever, Zika virus, and Lyme disease, has heightened the need for effective insect repellents.

The key stakeholders in the Insect Repellent Active Ingredients Market include:

• Manufacturers: These companies are responsible for producing insect repellent active ingredients, which are the essential components used in repellent formulations. Manufacturers often engage in research and development to improve the effectiveness and safety of their products.
• Formulators and Brands: Formulators are businesses or individuals who create insect repellent products by blending active ingredients with other components like carriers and fragrances. Brands then market and sell these products to consumers under their respective labels.
• Retailers: Retailers, such as supermarkets, pharmacies, outdoor stores, and online marketplaces, play a crucial role in distributing insect repellent products to the end-users. They may include both brick-and-mortar stores and e-commerce platforms.
• Consumers: Consumers are the end-users of insect repellent products. Their preferences and demands drive the market, as they choose products based on factors like effectiveness, safety, fragrance, and convenience.
• Research and Development Institutions: Universities, research organizations, and government agencies conduct research to develop new and improved insect repellent active ingredients. Their findings contribute to advancements in the field and may lead to the discovery of novel compounds.
• Regulatory Authorities: Government agencies, such as the Environmental Protection Agency (EPA) in the United States, regulate the registration and approval of insect repellent active ingredients and products. They ensure that these products meet safety and efficacy standards before they can be sold to consumers.
• Healthcare Professionals: Doctors, nurses, and public health experts provide guidance to individuals and communities on the use of insect repellents to prevent insect-borne diseases. They may recommend specific products based on the risk of disease transmission in each area.

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Market Driver: Growing cases of disease outbreak.

More than 17% of all infectious diseases are vector-borne, according to a report released by the WHO in March 2020. Each year, these illnesses result in about 700,000 deaths. They may be caused by viruses, bacteria, or parasites. Life-threatening diseases like chikungunya, influenza, the H1N1 virus, Zika virus, and dengue have all been on the rise over the past ten years and are typically carried by insects. The Zika virus outbreak in the Americas in 2017 (spread by Aedes aegypti and Aedes albopictus) was the most latest outbreak caused by insect vectors.

The most harmful diseases are spread by mosquitoes. Millions of people globally contract mosquito-borne diseases including malaria and dengue each year. The need for insect repellent products has increased recently due to the spread of diseases.

Malaria is a parasitic infection transmitted by Anopheles mosquitoes. Globally, an estimated 219 million cases of malaria are reported; it results in more than 400,000 deaths annually. Most of the deaths occur in children below the age of five years.

Dengue is another deadly infection transmitted by Aedes mosquitoes. Every year, more than 3.9 billion people in over 129 countries contract dengue. The disease reportedly claims an estimated 40,000 lives every year. According to the National Vector Borne Disease Control Programme (NVBDCP) (India), in 2017, about 11,552 cases of dengue were reported in Tamil Nadu, recording a 350% increase in the number of cases compared to 2016.

Who are the key players in the insect repellent active ingredients market?

Major manufacturers in this market are based in North America, Asia and Europe. BASF SE (Germany), Spectrum Brands, Inc. (US), Reckitt Benckiser Group PLC (UK), Henkel Ag & Co. (Germany), Merck Kgaa (Germany), S C Johnson & Sons Inc. (US), Dabur (India), Godrej Consumer Products Limited (Us), Enesis Group (Indonesia), Sawyer (Us), Bugg Products Llc (US) are among a few leading players operating in the insect repellent active ingredients market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the insect repellent active ingredients market.

SPECTRUM BRANDS, INC.

Spectrum Brands Inc. is a diversified consumer products company operating through various business segments, including Global Batteries & Appliances, Global Pet Supplies, Home & Garden, and Hardware & Home Improvement. Within the Home & Garden segment, Spectrum Brands offers a range of insect repellents, catering to the needs of consumers seeking protection from bugs and mosquitoes. Some of their popular insect repellent products include Cutter, Repel, and Hot Shot. The company has a strong presence in North America, Europe, Latin America, and the Asia-Pacific region. In 2023, Cutter introduced new diffuser technology with cutter eclipse zone mosquito repellent device that continually releases insect repellent, creating an invisible shield that protects against mosquitoes.

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DABUR

Dabur is a leading consumer goods company based in India, known for its diverse portfolio of products in healthcare, personal care, and food segments. With a rich history spanning over a century, Dabur has established itself as a trusted brand both domestically and globally. In the healthcare segment, Dabur offers a range of products including Ayurvedic medicines, health supplements, and natural remedies. It has a strong presence in the personal care segment with offerings such as hair care, oral care, skincare, and baby care products. Additionally, Dabur manufactures and markets a wide range of food products, including fruit-based beverages, honey, and culinary pastes.One of Dabur's notable product lines is its range of insect repellents. These products provide effective protection against mosquitoes and other insects, ensuring the well-being of consumers. Some popular insect repellent products from Dabur include Odomos and Dabur Good Knight. These products are widely recognized for their quality, efficacy, and long-lasting protection.Dabur has a robust presence across India and has expanded its reach to several international markets. In 2019 Dabur launched, 'Kids Vs Mosquito Rap Battle', to promote, Odomos spray.

Pea protein is derived from yellow peas and is known for its high protein content, amino acid profile, and allergen-free nature, making it an attractive alternative to traditional animal-based protein sources like whey and soy. Pea protein is rich in protein content and provides all nine essential amino acids that the body cannot produce on its own. It's particularly high in lysine, which is often limited in other plant-based protein sources like rice protein.

The pea protein market size is predicted to grow fast to $2.9 billion by 2027, at an 11.9% CAGR. The industry's growing understanding of the benefits of pea protein, which is expected to be worth $1.7 billion in 2022, is the foundation of this upward trend.

This exponential growth can be attributed to the increasing demand for plant-based protein sources and the recognition of pea protein as a sustainable and nutritious alternative. As consumers continue to prioritize healthy and environmentally conscious food choices, the pea protein market is poised for continued success, presenting exciting opportunities for businesses and investors. Consumers are getting increasingly aware of the benefits of nutritional and health products. The usage of pea proteins has rapidly evolved in the past years, which has contributed significantly to the food & beverage, pet food, feed, textile, and pharmaceutical industrial applications. Furthermore, the rise in vegan population, popularity of plant-based foods and gluten-free products and nutritional benefits of pea-based products are key factors that are projected to drive the growth of the Pea Protein market during the forecast period.

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North America is projected to be the largest market.
North America accounted for the largest share; during the forecast period, in terms of volume and value, respectively. Increasing vegan population, increasing demand for health & wellness products, increasing awareness about sustainable lifestyle and increasing consumption of processed meat products are the key drivers of the global pea protein market.

The Yellow Split Pea in the segment by source is projected to account for the largest market share of the Pea Protein market over the forecast period.

Yellow split peas are one of the most popular pea sources among product manufacturers. This is due to peas functionality and adaptability to different product types, which is driving demand for yellow split peas in a variety of products such as plant-based meat, beverages, functional foods, and performance nutrition. Yellow split peas high protein content makes them ideal for producing pea protein isolates. They are valued for their amino acid profile, which has led to their classification as "whole proteins" when compared to dairy and meat-based alternatives. 100g of yellow split pea contains 370 calories, 1 gramme of fat, 67 grammes of carbohydrates (27 grammes of fibre, 3 grammes of sugar), 27 grammes of protein, and 25% of the RDA of iron.
The dry form Pea Protein is estimated to dominate the Pea Protein market during the forecast period.
The dry form of pea protein is more popular than wet pea protein because it has a wider range of applications. Dry textured pea proteins have a dominant market position due to their characteristics and demand in a wide range of applications. The increased demand for dry textured proteins in applications such as plant-based meat due to its’ ability to replicate the meaty texture has helped to improve the industry outlook for dry textured pea proteins. They are commonly used as a nutritional supplement formulated with yellow protein pea extract. It is mostly used as a protein filler in products like fitness shakes and smoothies.

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