Research Reports And Consulting

According to a research report "Insect Repellent Active Ingredients Market by Type (DEET, Picaridin, IR 3535, P-Methane3,8 DIOL, DEPA), Concentration (Less than 10%, 10% to 50%, More Than 50%), Insect Type (Mosquitoes, Bugs), End Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the insect repellent active ingredients market is estimated at USD 1.0 billion in 2023 and is projected to reach USD 1.5 billion by 2028, at a CAGR of 7.6% from 2023 to 2028. The rise in insect-borne diseases, such as malaria, dengue fever, Zika virus, and Lyme disease, has heightened the need for effective insect repellents. According to WHO 2020, More than 17% of all infectious diseases are vector-borne diseases, which result in more than 700 000 deaths per year. They may be caused by bacteria, viruses, or parasites. As people become more aware of the health risks associated with insect bites, the demand for insect repellent products, and consequently, their active ingredients, has increased.

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

The insect repellent active ingredients market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. The Asia Pacific region is known for having a high prevalence of insect-borne diseases such as malaria, dengue fever, chikungunya, Japanese encephalitis, and Zika virus. According to article by National Library of Medicine 2022, India reported a ZIKV outbreak in Kerala in July 2021, the first activity in the region of South-East Asia since the outbreak in Rajasthan, India, in 2018. At least 70 ZIKV disease cases were found after extensive testing and confirmed by PCR by August 2021. These diseases pose significant health risks to the population, leading to a greater demand for insect repellent products and active ingredients to protect against insect bites.

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DEET segment, by type is expected to account for the largest share in 2023.
DEET has been proven to be highly effective in repelling a wide range of biting insects, including mosquitoes, ticks, flies, and fleas. It is known to provide long-lasting protection, making it a preferred choice for individuals seeking reliable insect repellent solutions. DEET can be used in various formulations, such as sprays, lotions, creams, and wipes, making it suitable for different user preferences and needs. It can be applied directly to the skin or on clothing, making it versatile for both personal and outdoor use.
Major players operating in the insect repellent active ingredients market includes Spectrum Brands Inc. (US), Reckitt Beneckiser Group Plc (UK), Henkel AG & Co KGaA (Germany), MERCK KGaA (Germany), S.C. Johnson & Son Inc. (US), Dabur (India), Godrej (India), Sawyer (US), BUGG Products, LLC (US), Coghlan’s (Canada), Vertellus (US), Sumitomo Chemical Co., Ltd (Japan), Clariant (Switzerland), Citrefine (UK), NK Chemiosys Pvt. Ltd. (India), and Shorgun Organics (India).

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According to a research report "Indoor Farming Technology Market by Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), Facility Type, Component, Crop Type (Fruits & Vegetables, Herbs & Microgreens, Flowers & Ornamentals) and Region - Global Forecast to 2028" published by MarketsandMarkets, the indoor farming technology market is projected to reach USD 32.3 billion by 2028 from USD 20.3 billion by 2023, at a CAGR of 9.7% during the forecast period in terms of value. The market for indoor farming technology is experiencing growth due to increasing demand for locally sourced and fresh produce which has led to a surge in indoor farming projects.
By component, lighting systems hold a significant market share during the forecast period.
Lighting systems have the largest market share in the component of the indoor farming market due to several factors. Lighting is required for plant growth in non-natural lighting settings. In the absence of sunlight, the quality of the light utilized in vertical farming (spectrum) is amplified to the greatest extent possible. Because artificial light is the only light source in vertical farming, higher light intensities are required in many supplemental light scenarios. In these non-natural light situations, increasing light intensity leads to a larger thermal load that must be cooled. A better light spectrum results in increased agricultural yields, allowing for lower intensities and lower energy usage. The key factors to consider when supplying illumination for plants are the light's quality, quantity, and duration. The actual wavelengths that the lights offer to the plants are referred to as quality. Generally, lights provide either a light spectrum like that of the sun or a spectrum tailored to the needs of plants. Outdoor circumstances can be created by modifying the grow lights' colors, temperatures, and spectrum outputs, as well as changing the intensity output of the lamps. Specific ranges of the spectrum, luminous efficacy, and color temperature are utilized with specific plants and periods depending on the type of plant farmed, the stage of culture, and the photoperiod required.
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By facility, glass or poly greenhouses are projected to dominate the market during the forecasted period.
Several factors are driving the expansion of glass or poly greenhouses in indoor farming. The growing need for locally produced and fresh produce has increased indoor farming initiatives, and greenhouses provide an efficient and controlled setting to meet this demand. Furthermore, advances in greenhouse technology, such as enhanced climate control systems, irrigation techniques, and automation, have made indoor farming more productive and profitable. Furthermore, growing environmental awareness and a drive to decrease carbon footprints have contributed to the appeal of greenhouses, which provide energy-efficient options for indoor agricultural farming. The expansion and demand for glass or poly greenhouses are projected to continue as the indoor farming business expands and evolves, driven by the need for efficient, sustainable, and high-quality crop production.
The key players in this market include Scotts Company LLC (US), Signify Holding (Netherlands), EVERLIGHT ELECTRONICS CO., LTD (Taiwan), NETAFIM (Israel), Heliospectra AB (Sweden), Argus Control Systems Limited (Canada), Lumigrow, Inc (Canada), weisstechnik (US), Priva (Netherlands), LOGIQS.B.V. (Netherlands), Illumitex (US), AmHydro (US), RICHEL GROUP (France), Vertical Farm Systems (Australia), Hydroponic Systems International (Spain), Certhon (Netherlands), Bluelab (New Zealand), Barton Breeze (India), Green Sense Farms Holdings, Inc. (US), Greener Crop Inc. (Dubai), Sensaphone (US), Freight Farms Inc (US), Climate Control Systems Inc (US), Sky Greens (Singapore), and SANANBIO (China). These players have adopted various growth strategies such as partnerships, agreements, and collaborations to increase their global market presence.
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The cold chain market is a vital component of the global supply chain that focuses on the transportation, storage, and distribution of temperature-sensitive products. It includes a range of industries such as pharmaceuticals, food and beverages, chemicals, and others that require specific temperature-controlled conditions to maintain product quality and safety.The cold chain market has experienced significant growth over the past decade, driven by factors such as globalization, changing consumer preferences, increasing demand for perishable goods, and stringent regulations on product safety. The market’s expansion has been facilitated by advancements in refrigeration technology, transportation infrastructure, and logistics management systems.The global cold chain market is expected to be valued at $278.2 billion in 2023 and more than $428.4 billion by the end of 2028, with a 9.0% CAGR between 2023 and 2028.

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Key Components:

• Storage: Cold storage facilities, warehouses, and refrigerated containers play a crucial role in preserving the quality and extending the shelf life of temperature-sensitive products. These facilities are equipped with specialized refrigeration units, temperature monitoring systems, and proper insulation to maintain the required temperature range.
• Transportation: Cold chain logistics involves the transportation of perishable goods from one point to another while ensuring the products remain within the specified temperature range. Specialized vehicles, such as refrigerated trucks, vans, and containers, are used to maintain the necessary conditions during transit. Real-time temperature monitoring and tracking systems are employed to ensure product integrity.
• Packaging: Proper packaging is essential for protecting temperature-sensitive products during transportation and storage. Insulated packaging materials, gel packs, and dry ice are commonly used to maintain the required temperature. Advanced packaging technologies, such as active and smart packaging, are also gaining traction in the market.
• Monitoring and Control: Temperature monitoring systems and data loggers are employed throughout the cold chain to track and record temperature variations. These systems provide real-time alerts and enable proactive measures to address any temperature deviations that could affect product quality. Remote monitoring and control systems have become increasingly sophisticated, allowing stakeholders to monitor conditions from anywhere in the world.

The e-commerce industry is growing rapidly in the Asia Pacific region, which is driving the demand for cold chain logistics for the last-mile delivery of temperature-sensitive products, such as fresh food, pharmaceuticals, and other products. Governments in the Asia Pacific region are investing in the development of cold chain infrastructure to support the growth of the food and pharmaceutical industries. For instance, the Indian government has launched the Pradhan Mantri Kisan Sampada Yojana to create modern infrastructure for the food processing industry, which includes cold chain logistics. The growing demand for food products, increasing urbanization, rising e-commerce industry, government initiatives, and focus on sustainability are driving the growth of the cold chain market in the Asia Pacific region.

Key Market Players in Cold Chain Market

The key players in this market include Americold Logistics (US), Lineage Logistics Holdings, LLC. (US), Nichirei Corporation (Japan), Burris Logistics (US), A.P. Moller Maersk (Denmark), United States Cold Storage (US), Tippmann Group (US), VersaCold Logistics Services (Canada), Coldman (India), Congebec Inc. (Canada), Conestoga Cold Storage (Canada), NewCold (Netherlands), Confederation Freezers (Canada), Seafrigo (France), and Trenton Cold Storage (Canada). 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. 

The food preservatives market refers to the industry that produces and supplies various chemicals and natural substances used to extend the shelf life and maintain the quality of food products. Preservatives play a crucial role in preventing spoilage, microbial growth, and oxidation of food, thereby ensuring their safety and longevity.

The food preservatives market has experienced significant growth over the years, driven by the increasing demand for convenience foods, the need for food safety, and the growing awareness of health and wellness. Preservatives are widely used in processed and packaged foods, beverages, bakery products, dairy products, meat and poultry, and various other food items.

In 2023, the food preservatives market is expected to be worth USD 3.4 billion. It is predicted to grow at a 3.0% CAGR to USD 3.9 billion by 2028.

Key Factors Driving the Market:

• Increasing Demand for Convenience Foods: Rapid urbanization, busy lifestyles, and changing dietary patterns have led to a rise in the consumption of convenience foods. Preservatives help extend the shelf life of these products and maintain their freshness, taste, and texture.
• Food Safety and Shelf Life Extension: With the growing concern for foodborne illnesses and the need to reduce food wastage, food manufacturers are increasingly relying on preservatives to ensure the safety and longevity of their products. Preservatives inhibit the growth of bacteria, molds, and yeasts, preventing spoilage and maintaining quality.
• Technological Advancements: The development of innovative preservation techniques and the introduction of new preservatives have expanded the market. Advanced technologies such as high-pressure processing, irradiation, and encapsulation have enabled manufacturers to enhance food preservation without compromising nutritional value.
• Rising Consumer Awareness: Consumers are becoming more conscious of the ingredients in their food and are demanding products with clean labels. Natural and organic preservatives are gaining popularity as alternatives to synthetic additives, driving the market for natural preservatives.
• Regulatory Environment: Stringent food safety regulations and labeling requirements imposed by regulatory bodies have influenced the choice and usage of preservatives in food products. Manufacturers are focusing on compliance with regulations and adopting preservatives that meet the necessary standards.

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Several key trends are shaping the food preservatives market:

• Growing Demand for Natural Preservatives: Consumers are increasingly seeking natural and clean label products, driving the demand for natural preservatives derived from plant extracts, essential oils, and other natural sources. Natural preservatives are perceived as safer alternatives to synthetic additives and are often associated with health benefits.
• Clean Label Movement: The clean label movement emphasizes transparency and the use of simple, recognizable ingredients. As a result, food manufacturers are moving away from synthetic preservatives and opting for clean label preservatives, which are perceived as more natural and less chemically processed.
• Rising Popularity of Antimicrobial Packaging: Antimicrobial packaging is gaining traction as an innovative solution to enhance food safety and extend shelf life. These packaging materials are embedded with active substances that inhibit the growth of microorganisms, reducing the need for external preservatives.
• Shift towards Natural Antioxidants: Antioxidants play a vital role in preventing oxidation and rancidity in food products. There is a growing preference for natural antioxidants like rosemary extract, green tea extract, and tocopherols over synthetic alternatives like butylated hydroxyanisole (BHA) and butylated hydroxytoluene (BHT).
• Microbial Preservatives: Probiotics and other microbial-based preservatives are gaining attention as an alternative approach to food preservation. These natural microorganisms can inhibit the growth of harmful bacteria, extend shelf life, and provide potential health benefits to consumers.
• Increased Focus on Plant-Derived Antimicrobials: Plant-derived antimicrobials, such as extracts from oregano, cinnamon, and cloves, are being explored for their antimicrobial properties. These natural compounds have the potential to replace or reduce the usage of synthetic preservatives while maintaining the safety and quality of food products.

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The key players in this market include Cargill, Incorporated (US), Kerry Group plc (Ireland), ADM (US), DSM (Netherlands), and, Kemin Industries Inc. (US). 

The natural vanillin market refers to the industry involved in the production, distribution, and consumption of vanillin derived from natural sources. Vanillin is a flavor compound that is commonly used as a flavoring agent in various food and beverage products, as well as in pharmaceuticals and fragrances.Traditionally, vanillin has been synthesized from chemicals derived from petrochemicals or lignin, a component of wood. However, due to increasing consumer demand for natural and clean-label products, there has been a growing interest in producing vanillin from natural sources. The natural vanillin market has witnessed significant growth in recent years, driven by factors such as the rising consumer preference for natural and organic products, increasing awareness about the potential health risks associated with synthetic ingredients, and the growing food and beverage industry.

Current trends in the natural vanillin market:

• The demand for natural and clean label ingredients is driving the growth of the natural vanillin market.
• The rising popularity of plant-based and vegan diets is increasing the demand for natural vanillin.
• Natural vanillin is used as a key ingredient in fragrances and personal care products.
• Food manufacturers are increasingly using natural vanillin in their products as a replacement for synthetic vanillin.
• The use of natural vanillin is in line with the global trend towards sustainable and responsible production practices.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=175654225The key players in the natural vanillin market include Givaudan (Switzerland), Firmenich SA (Switzerland), Symrise (Germany), Kerry Group plc (Ireland), Solvay (Belgium), International Flavors and Fragrances (US), Sensient Technologies Corporation (US), McCormick & Company, Inc. (US), Mane (France), and Lesaffre (France).

North America dominated the natural vanillin market in 2021, and the market is projected to grow with a CAGR of 8.1% during the forecast period (2022-2027)

North America held the greatest share of the global natural vanillin market in 2021, accounting for 36.4%, and is expected to rise at an 8.1% CAGR during the forecast period. The region’s rise can be attributed to rising demand for clean-label food goods as well as high purchasing power. The United States imports the majority of natural vanillin on the global market, accounting for 18% of the total share. This is attributable to the existence of major food processing industries as well as the widespread use of natural vanillin. Furthermore, according to FAO, Mexico will be the world’s third largest producer of vanilla beans in 2021. 

Natural Vanillin Market Dynamics

Demand for cost-effective and sustainable products

The demand for natural vanilla flavors is rising as consumers are highly preferred to plant-based and naturally flavored foods. Natural vanillin is the chemical compound of vanilla that is used as a flavoring agent in all applications. Natural vanillin is extracted from vanilla beans, which is more expensive. To meet consumer demand, manufacturers are producing natural vanillin through cost-effective and sustainable methods such as ferulic acid synthesis and eugenol synthesis, and other sources. Natural vanillin, which is extracted from vanilla beans unable to meet the growing demands of the food and beverage industry. Because vanilla can be grown in only specific climatic conditions and labor extensive (needs hand pollination).Due to the scarcity and cost of natural vanilla extract, the commercial production of vanillin molecules began by utilizing natural compounds such as rice bran, wood, and clove. For instance, Borregaard offers cost-effective and sustainable vanillin products through wood-based vanillin for different applications such as bakery, caramel, chocolate, and dairy products. Oamic ingredients USA produces natural vanillin through eugenol synthesis derived from sustainably sourced clove oil. It is specially developed through innovative technology to meet the cost-effectiveness and sustainable standards of ex-clove vanillin.

The rising inclination for natural flavors and fragrances in premium products

The growing trend of premiumization will contribute to the growing consumer demand for natural vanillin. Premium products are expected to witness high demand globally in the coming years. Factors contributing to the growing inclination of customers toward premium products include the rising disposable income of people and the growing health consciousness of consumers. In European countries, there is a growing demand for vanilla extract in food & beverages and cosmetics & pharmaceutical products. Increasing consumer demand for organic and natural ingredients in food & beverages on the European market.Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=175654225France has the second-largest organic food & beverage market in Europe due to the growing demand for healthier and natural food & beverage products. With the increasing risk of toxic and other harmful ingredients used in personal care products, consumers have started preferring bio-based products, especially in the developed countries of Europe and North America. In addition, skin sensitiveness and environmental impact caused as a result of the use of non-synthetic ingredients have increased the demand for natural fragrance ingredients in personal care products. The growing health hazards associated with the use of synthetic products have also encouraged consumers to pay more for less toxic and environmental-friendly products. Consumers are also ready to pay premium amounts for products with natural ingredients. This trend has led fragrance manufacturers to develop naturally sourced products to increase their profit margins. 

The cold chain market refers to the system of transporting and storing perishable products, such as food, pharmaceuticals, and chemicals, at low temperatures to maintain their quality and extend their shelf life. It involves a series of temperature-controlled facilities, equipment, and logistics processes to ensure that products remain fresh and safe throughout the supply chain. 

Key trends in the cold chain market: Integration of IoT and Data Analytics: The Internet of Things (IoT) is being increasingly utilized in the cold chain industry. IoT devices and sensors enable real-time monitoring of temperature, humidity, and other parameters throughout the supply chain. This data, combined with analytics, provides insights into the condition of products, improves inventory management, and helps optimize logistics operations. Blockchain for Supply Chain Transparency: Blockchain technology is gaining traction in the cold chain market to enhance transparency and traceability. By using a decentralized and immutable ledger, blockchain enables stakeholders to track and verify every step of the supply chain, ensuring product authenticity, reducing fraud, and enhancing food safety. 

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Focus on Sustainability: Sustainability has become a significant concern in the cold chain industry. There is an increasing emphasis on energy-efficient refrigeration systems, reducing greenhouse gas emissions, and minimizing wastage. Additionally, eco-friendly packaging materials and practices that reduce environmental impact are being adopted to address sustainability challenges. Automation and Robotics: Automation and robotics are revolutionizing the cold chain sector. Automated storage and retrieval systems, robotic picking and packing, and autonomous vehicles are being employed to optimize operations, improve efficiency, and reduce human error. These technologies streamline processes and enhance productivity in warehousing and transportation. Temperature-Sensitive Pharmaceutical Distribution: The pharmaceutical industry's growth and the demand for temperature-sensitive drugs have driven advancements in cold chain logistics for pharmaceutical products. Stringent regulations and the need to maintain the integrity and efficacy of drugs have led to the development of specialized cold storage facilities, temperature-controlled packaging, and robust distribution networks for pharmaceuticals. Last-Mile Delivery Solutions: The last-mile delivery segment of the cold chain is witnessing significant innovation. Companies are exploring various options such as electric vehicles, refrigerated lockers, and drones for efficient and timely delivery of perishable goods to consumers' doorsteps. Optimization of last-mile logistics is crucial to maintaining product quality and freshness. Cold Chain as a Service (CCaaS): Cold Chain as a Service is an emerging trend where companies outsource their cold chain operations to specialized service providers. This allows businesses to focus on their core competencies while leveraging the expertise and infrastructure of cold chain service providers. CCaaS models offer flexible and scalable solutions, reducing the capital investment required to establish an in-house cold chain. The e-commerce industry is growing rapidly in the Asia Pacific region, which is driving the demand for cold chain logistics for the last-mile delivery of temperature-sensitive products, such as fresh food, pharmaceuticals, and other products. Governments in the Asia Pacific region are investing in the development of cold chain infrastructure to support the growth of the food and pharmaceutical industries. For instance, the Indian government has launched the Pradhan Mantri Kisan Sampada Yojana to create modern infrastructure for the food processing industry, which includes cold chain logistics. The growing demand for food products, increasing urbanization, rising e-commerce industry, government initiatives, and focus on sustainability are driving the growth of the cold chain market in the Asia Pacific region. 

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Key Market Players in Cold Chain Market 

The key players in this market include Americold Logistics (US), Lineage Logistics Holdings, LLC. (US), Nichirei Corporation (Japan), Burris Logistics (US), A.P. Moller Maersk (Denmark), United States Cold Storage (US), Tippmann Group (US), VersaCold Logistics Services (Canada), Coldman (India), Congebec Inc. (Canada), Conestoga Cold Storage (Canada), NewCold (Netherlands), Confederation Freezers (Canada), Seafrigo (France), and Trenton Cold Storage (Canada). 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.

The dairy alternatives market is experiencing a significant shift towards plant-based nutrition driven by health-conscious consumers, the rise of veganism and vegetarianism, environmental sustainability concerns, and ongoing innovation in product development. As the demand for dairy alternatives continues to rise, it presents a promising opportunity for businesses to cater to the evolving preferences of consumers and contribute to a more sustainable and inclusive food ecosystem.

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The dairy alternatives market is predicted to develop significantly in the next years, reaching $44.8 billion in 2027, up from $27.3 billion in 2022, with a 10.4% CAGR from 2022 to 2027.

Asia Pacific's expansion might be due to rising demand for natural products with health advantages. The region's demand for dairy substitutes is expanding due to changing consumer lifestyles and a preference for dairy-free food and beverage items. The presence of big economies such as China and India contributes to the region's market growth. Soy protein components are mostly exported by Chinese enterprises to Europe and Southeast Asia. Rising consumer spending power as a result of China's economic development has resulted in increased demand for high-quality dairy replacements.

Leading organizations outlined-->

• Danone North America Public Benefit Corporation (US)
• The Hain Celestial Group, Inc. (US)
• Blue Diamond Growers (US)
• SunOpta (Canada)
• Sanitarium (New Zealand)
• Freedom Foods Group Limited (Australia)
• Eden Foods, Inc. (US)
• Nutriops, S.L. (Spain)

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The animal intestinal health market is a growing segment of the animal health industry, focused on maintaining and improving the digestive health of livestock and other animals. The market includes a wide range of products and services, including probiotics, prebiotics, feed enzymes, acidifiers, and other nutritional supplements.

The main drivers of growth in this market include the increasing demand for meat and animal products, concerns about antibiotic resistance, and a growing awareness of the importance of gut health in animal performance and overall health. As a result, many producers are turning to natural solutions for maintaining gut health in their animals, such as probiotics and prebiotics.

The animal intestinal health market is expected to be worth USD 3.7 billion in 2022, rising to USD 5.4 billion in 2027 at an 8.2% CAGR from 2022 to 2027.

Asia Pacific is expected to account for the largest share during the forecast period. This is due to the increase in the demand for meat and meat products in countries such as China, India, and South Korea. The demand for poultry products is expected to be significantly high in the Asia Pacific region, which is expected to lead to a rise in demand for feed products for broilers and layers. With the westernization of diets in the emerging countries in the Asia Pacific region, the demand for beef and pork meat is expected to grow, which would also encourage the growth of the market studied.

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Key trends that are currently shaping the animal intestinal health market include:
Growing demand for animal protein: With the global population expected to increase, there is a rising demand for animal protein. This trend is driving the growth of the animal feed industry, which in turn is boosting demand for animal intestinal health products.
Increased focus on animal health and welfare: There is a growing awareness about the importance of animal health and welfare, which has led to increased demand for products that can promote gut health and prevent disease.
Growth in the use of feed additives: Feed additives such as prebiotics, probiotics, and organic acids are being increasingly used to improve animal health and performance. This trend is expected to continue, as these products are seen as a cost-effective way to improve feed efficiency and reduce the need for antibiotics.
Rising incidence of antibiotic resistance: The overuse of antibiotics in animal feed has led to the emergence of antibiotic-resistant bacteria, which poses a significant threat to human health. As a result, there is a growing trend towards reducing the use of antibiotics in animal feed, and increasing the use of alternatives such as prebiotics and probiotics.
Increasing adoption of precision farming: The adoption of precision farming techniques such as precision feeding, precision breeding, and precision management is on the rise. These techniques rely on data analytics to optimize animal health and performance, which is driving demand for animal intestinal health products that can be incorporated into these systems.
Technological advancements in the animal health industry: The development of new and advanced technologies such as gene editing, microbiome analysis, and immunology is expected to drive the growth of the animal health industry. These technologies can be used to develop new and innovative animal intestinal health products that can improve gut health and prevent disease.

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The ketones market is predicted to be worth USD 443 million in 2019 and is expected to develop at a CAGR of 6.3% from 2019 to reach USD 640 million by 2025. The ketone business is expected to grow due to rising convenience food consumption, increased health consciousness, and the multifunctionality of ketones.  

The United States is a large market for ketones in the North American region. The increased popularity of ketone supplements and food and beverage alternatives for weight loss is due to the rise in the number of obesity cases in the North American region. These reasons are also expected to propel the ketone industry forward. Furthermore, due to customer demand, cafes and restaurants in the region are now offering ketone-based food and beverages, which is expected to support the growth of the ketones market.

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The ketones market has been growing steadily over the past few years, driven by a growing demand for ketone supplements and a rising interest in the ketogenic diet. Here are some key trends shaping the ketones market:

1. Increasing awareness and adoption of the ketogenic diet: The ketogenic diet, which involves consuming high amounts of fat, moderate amounts of protein, and very low amounts of carbohydrates, has gained popularity in recent years due to its potential health benefits. As a result, there has been a growing demand for products that can help support the body's transition into a state of ketosis, such as exogenous ketones.
2. Growing demand for exogenous ketones: Exogenous ketones are supplements that can help raise the levels of ketones in the blood, which can aid in weight loss, improve athletic performance, and provide other health benefits. The demand for exogenous ketones is expected to continue to grow as more people become interested in the ketogenic diet and seek ways to support their body's ketone production.
3. Increasing availability of ketone supplements: As the demand for ketone supplements has grown, there has been a corresponding increase in the number of companies offering these products. This has led to a wider variety of ketone supplements on the market, with different formulations and flavors to cater to different consumer preferences.
4. Rising focus on product quality and transparency: With the growing number of companies offering ketone supplements, consumers are becoming more discerning about the quality of the products they buy. As a result, there has been a greater focus on transparency and product quality, with companies providing more detailed information about the ingredients and manufacturing processes used in their products.
5. Increasing use of ketones in sports nutrition: Ketones are increasingly being used in sports nutrition as a way to enhance athletic performance. Ketones can help improve endurance, reduce muscle fatigue, and aid in recovery after exercise, making them an attractive option for athletes looking to gain a competitive edge.

Key players in this market include Perfect Keto (US), HVMN Inc. (US), BPI Sports (US), Ketologic (US), Pruvit (US), Ketone Aid Inc (US), Compound Solution Inc. (US), Sapien Body (US), Zhou Nutrition (US), Know Brainer Foods (US), Finaflex (US), Ion Labs (US), Keto & Company (US), Boli Naturals (US), Volken Chemicals (India), Union Pharmpro Company Ltd. (China), Nutrex Research (US), Ancient Nutrition (US), Zenwise Health (US), and Ketond Nutrition LLC (US)). Major players in this market are focusing on enhancing their presence through new product launches, expansions & investments, mergers & acquisitions, partnerships, collaborations, and agreements. These companies have a strong presence in North America and Europe. They also have their manufacturing facilities and strong distribution networks across these regions. 

The dairy ingredients market size was estimated to account for a value of USD 63.6 billion in 2021 and is projected to grow at a CAGR of 7.2% from 2021, to reach a value of USD 89.9 billion by 2026. The growth of this market can be attributed to the growing protein demand from consumers, they prefer products with dairy ingredients as a source of protein. The market growth in APAC can be attributed to the increasing awareness of health and wellness among the consumers. 

The continual investment in technological advancement is influencing growth, thereby increasing the sales of dairy ingredients in the near future. Dairy-derived ingredients originate from real milk and have real value to consumers from a taste and nutrition perspective. Dairy ingredients derived from milk are available in various types, formats, sizes, and find wide application in food & beverage applications worldwide. Whey products are natural, functional, and high in nutrition, becoming the ingredient of choice for sports and performance product manufacturers. Citing the consumer inclination toward functional foods, whey ingredients are being incorporated in baked goods, confectionery items, beverages, dairy foods, meat products, and most importantly, nutraceuticals.

Whey protein isolates and demineralized whey proteins are experiencing bolstering demand due to the high protein level and versatile functionality. Asia Pacific is the largest and fastest-growing market for dairy ingredients.
By application, the bakery & confectionery segment is projected to dominate the dairy ingredients market during the forecast period. Based on applications, the bakery & confectionery segment accounted for the largest share in 2021 due to the multiple applications of dairy ingredients in the bakery industry. Non-fat dried milk and skim milk powder are popular substitutes for fresh fluid milk in the bakery and confectionery sector. Dairy ingredients are also used as claims on packaging to valorize baked goods better. Whey protein ingredients cater to delivering functionality and performance. Since fitness has become the new trend dairy formulations, mostly whey protein are gaining popularity among the younger generation. The increasing demand for dairy ingredients in Asia Pacific is driving the growth of the dairy ingredients market.

The global dairy ingredients market is dominated by Asia Pacific, which accounted for the largest share. Nowadays, a sedentary lifestyle and a hectic daily routine run parallel to the consumer focus on health, resulting in an extreme workout and heightened dependence on protein supplements. Dairy protein ingredients are being consumed for weight loss and muscle gain and provide maximum nutrition and nourishment. Veganism has captured a large section of the market in Europe and the US; however, dairy being a staple in India, retains its position as the major protein supplement. Globally, whey is being incorporated in the regular diet as natural bioactive substances have a positive influence on an individual’s health. Globally, the Asia Pacific market for dairy ingredients accounted for the largest share of nearly 32.84% in 2020.

The Asia Pacific region is projected to witness the highest growth during the forecast period. A large amount of milk is produced in the country, which gives the dairy ingredients market the potential to grow in the coming years. Owing to this large production, the region has immense potential for exports of dairy ingredients. Rapid urbanization, changing lifestyles, and the inclination of consumers toward nutritious food and beverages also contribute to the growth of the dairy ingredients market. Owing to the increasing consumer demands for convenience food and dairy products in the region, many major players are entering the market.

The insect protein market refers to the production, distribution, and consumption of food products that use insects as a source of protein. Insects such as crickets, mealworms, and black soldier flies are increasingly being used as a sustainable and environmentally-friendly alternative to traditional sources of animal protein like beef, pork, and chicken.The global insect protein market is experiencing significant growth due to increasing consumer demand for sustainable and plant-based protein sources, as well as the rising popularity of entomophagy (the practice of eating insects) in various cultures around the world. The market includes a range of products, such as insect-based snacks, protein powders, and pet food.

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Insect protein is often touted as a more sustainable alternative to traditional animal protein sources because insects require less land, water, and feed to produce than livestock. Additionally, insects emit fewer greenhouse gases and require fewer antibiotics and pesticides than traditional livestock, making them a more environmentally-friendly option.The global insect protein market is projected to be worth roughly $0.8 billion in 2022 and more than $3.3 billion by the end of 2027, with a CAGR of nearly 33.4% from 2022 to 2027.However, the insect protein market is still relatively new and faces some challenges, including regulatory barriers, limited consumer awareness, and the high cost of production. Nonetheless, with increasing interest in sustainable and alternative protein sources, the insect protein market is expected to continue growing in the coming years.

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Some current trends in the insect protein market:
Increasing demand: 

There is a growing demand for sustainable and alternative protein sources, which is driving the growth of the insect protein market. Consumers are increasingly interested in plant-based and environmentally-friendly products, and insects are seen as a promising solution to these concerns.

Product innovation: Companies are developing new and innovative insect protein products to meet the needs and preferences of consumers. For example, there are now insect-based protein bars, shakes, and powders available on the market.

Expansion of the market: The insect protein market is expanding beyond traditional food products and into other areas such as animal feed and pet food. Insects are a potential source of protein for livestock and pets, which could reduce the environmental impact of traditional feed sources.

Increased investment: There has been a significant increase in investment in the insect protein industry in recent years, with new startups and established companies alike receiving funding to expand their operations.

Growing awareness: Consumer awareness of the potential benefits of insect protein is increasing, which is leading to greater acceptance and demand for these products. There is also a growing interest in entomophagy and the cultural significance of eating insects in different parts of the world.

The Agrochemicals market is a vital component of the agriculture industry, providing farmers with the necessary tools to maximize crop yield and quality. The market includes products such as pesticides, herbicides, and fertilizers, which are essential for successful crop production.
According to recent market research reports, the global Agrochemicals market is projected to grow significantly over the next few years, due to the increasing demand for food and the need for sustainable agriculture practices. Additionally, the market is seeing a shift towards bio-based Agrochemicals, which are environmentally friendly and promote sustainable agriculture practices.As we approach 2023, the agrochemicals market is poised to be worth USD 235.2 billion, and industry experts predict that its value will continue to rise at a CAGR of 3.7% until 2028, resulting in a total valuation of USD 282.2 billion.

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Agrochemicals play a critical role in the success of the agriculture industry by improving crop yield and quality through the use of chemical and biological components. This includes insecticides and fertilizers, which safeguard crops by preventing and eliminating pests and providing vital nutrients to the soil. The need for increased agricultural productivity on existing land to feed a growing global population makes agrochemicals indispensable to farmers. However, the impact of rapid westernization on the industry cannot be ignored, as it can lead to changes in dietary preferences and a greater demand for processed foods. This, in turn, can bring about alterations in the types of crops grown and farming methods used, making it crucial to stay informed and adaptable in the ever-evolving agrochemicals market.
Key Market PlayersThe key players in this market include UPL (India), Nufarm (Australia), ADAMA (Israel), Bayer AG (Germany).
Modern agriculture is heavily reliant on the use of agrochemicals to improve crop yield and quality. Agrochemicals are substances or mixtures used to protect crops from pests, weeds, and diseases, as well as to improve soil fertility and provide essential nutrients to plants. They are essential tools for farmers to increase agricultural productivity and meet the growing demand for food, feed, and fiber.
Agrochemicals have had a significant impact on agriculture and food production, particularly in terms of increasing crop yields and reducing crop losses due to pests and diseases. These chemicals include fertilizers, herbicides, insecticides, and fungicides, among others.
One of the main benefits of agrochemicals is their ability to increase crop yields. Fertilizers provide essential nutrients to plants, which can lead to increased growth and higher yields. Herbicides, insecticides, and fungicides help to control pests and diseases, preventing crop losses and reducing the need for labor-intensive manual methods of pest control.
However, the use of agrochemicals has also raised concerns about their impact on the environment and human health. Pesticides can contaminate soil, water, and air, leading to negative effects on biodiversity and ecosystem services. Additionally, there are concerns about the potential risks to human health, particularly for those involved in the production and application of these chemicals.