Research Reports And Consulting

The food and beverage industry in 2024 has embraced sustainability, health, and technological advancements as its primary focus. Plant-based alternatives have evolved with improved textures and flavors, boosting their mainstream appeal. Functional beverages such as probiotic drinks and adaptogen-infused options have gained popularity by meeting the growing demand for health and wellness products. Companies are increasingly adopting sustainable packaging solutions, including compostable materials and reusable containers, to address environmental concerns. Automation and artificial intelligence (AI) have become essential for food production and supply chain optimization. Additionally, AI-powered personalized nutrition is emerging as a significant trend, while online grocery sales continue to grow, bolstered by direct-to-consumer platforms. 

Looking Ahead to 2029 

By 2029, personalized nutrition is expected to become a dominant trend, with tailored food products based on individual DNA, gut microbiomes, and lifestyle data. Lab-grown meats and cultured dairy are projected to become cost-effective and widely available, significantly reducing the environmental footprint of traditional farming. Smart packaging equipped with real-time freshness monitoring and blockchain-based traceability will enhance transparency and consumer trust. The industry will likely prioritize zero-waste initiatives, repurposing food by-products to minimize waste. Functional beverages offering enhanced health benefits, AI-driven flavor optimization, and sustainable agricultural practices like precision farming will define the future of the sector. Automation, robotics, and advanced AI technologies are anticipated to revolutionize production, distribution, and customer engagement. 

Leading Companies Shaping the Industry 

Several key players are driving transformative initiatives across different sectors of the food and beverage industry: 

• Alternative Proteins: Companies such as Cargill (US) and Wilmar International Ltd. (Singapore) are spearheading advancements in plant-based and lab-grown protein innovations.
• Food Automation: Leaders like ABB (Switzerland), Rockwell Automation (USA), and Siemens (Germany) are leveraging robotics and smart technologies to enhance operational efficiency.
• Food Safety: Thermo Fisher Scientific (USA) and Neogen Corporation (USA) lead in developing advanced solutions for quality control and pathogen detection.
• Personalized Nutrition: Firms like Nutrigenomix (Canada) and DNAfit (UK) are tailoring dietary recommendations based on genetic insights.
• Precision Fermentation: Innovators such as Ginkgo Bioworks (USA) and Perfect Day (USA) are providing sustainable and scalable solutions for alternative protein production.

 These companies are shaping the future of the food and beverage industry with a focus on technological innovation, sustainability, and health-oriented solutions. 

Regional Highlights: North America and Asia-Pacific 

North America continues to lead the global food and beverage market, with region-specific innovations across the United States and Canada. In the U.S., plant-based products, including chickpea and lab-grown meat alternatives, are gaining traction alongside a booming functional beverage market. Canada is championing sustainability, implementing circular economy practices like converting food waste into compostable packaging and animal feed while promoting regenerative agriculture. In Europe, Germany is at the forefront of food production automation and robotics, driving efficiency and reducing labor costs. France emphasizes organic and sustainable farming, while the Netherlands excels in functional dairy products, including plant-based alternatives enriched with probiotics. 

For in-depth information, grab your PDF copy 

Asia-Pacific stands out as the fastest-growing region in the food and beverage sector. Countries like China and India are leading the surge in plant-based and functional foods, driven by urbanization and shifting consumer preferences. China is leveraging soy and pea proteins for plant-based meat, while India is focusing on millet-based snacks and beverages to revive traditional grains. Meanwhile, Japan and South Korea are advancing smart packaging and food traceability technologies, ensuring supply chain safety through blockchain and IoT. Southeast Asia, particularly Thailand and Vietnam, is experiencing robust growth in immunity-boosting functional beverages and expanding e-commerce platforms, supported by mobile payment systems and a digitally savvy population. 

The food and beverage industry is undergoing a transformative era shaped by sustainability, innovation, and personalization. With rapid advancements in technology and consumer preferences evolving toward health and environmental consciousness, the industry is poised for dynamic growth. From lab-grown proteins to AI-driven solutions, the developments in this sector promise a future of smarter, healthier, and more sustainable food systems.

The agriculture industry is poised for a significant transformation by 2029, driven by rapid technological advancements and an increasing focus on sustainability. As global demand for food continues to rise, the industry is shifting towards more efficient, eco-friendly, and technologically integrated practices to ensure long-term food security and environmental responsibility. 

The Rise of Regenerative Agriculture

Regenerative agriculture is emerging as a cornerstone of the future farming landscape. With an emphasis on soil health, carbon sequestration, and reduced chemical usage, this method is becoming the new standard. Consumers are playing a pivotal role in this shift, demanding sustainably produced food that aligns with environmental and ethical values. The adoption of regenerative practices is expected to enhance biodiversity, improve soil fertility, and contribute to climate resilience. 

Alternative Proteins and Sustainable Food Production Health-conscious and environmentally aware consumers are driving the expansion of plant-based proteins, cultivated meats, and alternative protein sources. This shift is crucial in addressing evolving dietary preferences while reducing the environmental footprint of traditional meat production. Innovations in biotechnology and food science are making alternative proteins more accessible, nutritious, and cost-effective. 

Market Growth and Key Segments 

According to a research report titled "Global Agriculture Industry Outlook 2029 - A Look Ahead at The Industry Landscape" by MarketsandMarkets, the top ten agriculture markets are projected to grow from USD 148.4 billion in 2024 to USD 227.1 billion by 2029, reflecting a year-over-year increase of 8.9%. Key market segments driving this growth include: 

• Vertical Farming – Optimizing urban agriculture through controlled environments
• Plant Breeding & CRISPR Technologies – Enhancing crop yields and resistance
• Precision Farming – Utilizing AI and IoT for resource-efficient cultivation
• Regenerative Agriculture – Focusing on soil restoration and sustainability
• Blockchain in Agriculture – Enhancing transparency in the supply chain
• Smart Irrigation – Improving water-use efficiency
• Connected Agriculture – Integrating IoT for streamlined farm management
• Agricultural Drones – Enhancing monitoring and precision application
• Agricultural Biologicals – Promoting organic and biological crop protection

 Key Developments and Predictions for 2029 

By 2029, agriculture will be increasingly defined by automation, artificial intelligence, and biotechnology. Precision agriculture will drive higher yields with lower resource input, while organic and non-GMO seeds will see increased adoption. The industry is also addressing major challenges, such as climate change, rising input costs, and labor shortages, through innovative solutions. Companies are investing heavily in automated farm machinery, novel farming systems, and data-driven agronomy to mitigate these issues. 

For in-depth information, grab your PDF copy!

Leading Companies in Agricultural Innovation 

Key players across different agricultural sectors are spearheading advancements, including: 

• Agrigenomics: Eurofins Scientific (Luxembourg), Illumina Inc. (US)
• Connected Agriculture: IBM (US), AT&T (US), Microsoft (US)
• Organic Agriculture: Syngenta (Switzerland), UPL (India), BASF SE (Germany), Bayer AG (Germany), Marrone Bio Innovations (US)
• Plant Breeding & CRISPR Technologies: Corteva, Inc. (US), BASF SE (Germany), Bayer AG (Germany)

 The global agricultural landscape is witnessing increased investment in innovation and product development, particularly in developing nations. These investments will help expand access to modern technologies, ensuring sustainable yield improvements and food security worldwide. 

Regional Outlook: North America vs. Asia Pacific 

• North America remains the largest agricultural market due to robust infrastructure, strong government support, and significant R&D investment. The US leads the region, leveraging its fertile land and climate diversity.
• Asia Pacific is experiencing rapid agricultural growth, led by China and India. Population growth, food demand, and government investments in agricultural modernization are key drivers. The region is embracing AgTech solutions such as precision farming and vertical agriculture to optimize yields and manage resources effectively.

Investment trends in both regions highlight distinct focuses. North America is enhancing its technological edge, while Asia Pacific is prioritizing infrastructure, cold chain logistics, and AgTech adoption. Sustainability is also becoming a priority, with investments directed toward eco-friendly practices that reduce environmental impact. The agriculture industry is on a transformative path toward sustainability, innovation, and efficiency. With advancements in regenerative agriculture, precision farming, and alternative proteins, the sector is addressing both environmental and economic challenges. The coming years will witness increased investment in smart farming solutions, ensuring a more resilient and sustainable future for global agriculture.

Biopesticides are derived from natural materials like animals, plants, bacteria, and certain minerals. They offer a safer alternative to synthetic pesticides, helping reduce the environmental footprint of agriculture while maintaining crop productivity. The global biopesticides market size is estimated at USD 7.72 billion in 2024 and is projected to reach USD 15.66 billion by 2029, at a CAGR of 15.2% during the forecast period. Increasing demand for sustainable and eco-friendly agricultural solutions is one of the driving forces in the biopesticides market. 

Unpacking North America’s Prominent Position in the Biopesticides Industry

The North American biopesticides market holds a significant share because of the well-built infrastructure for agriculture and large adoption of modern technologies related to crop protection in this region. In this region, farming practices are diverse and extensive, creating a strong demand for effective biopesticide solutions to combat various fungal diseases and pests while achieving high yields. Key agricultural areas include Texas and Mexico’s Rio Grande Valley, known for citrus fruits; California’s Central Valley, which produces fruits and vegetables; the Gulf Coastal Plain, primarily focused on vegetables; and the Appalachian sandy valleys, renowned for cotton and tobacco. Additionally, North America is home to leading biopesticide manufacturers, supported by continuous research and development efforts that drive innovation and enhance product availability. Government regulatory support aimed at boosting agricultural productivity further strengthens the demand for biopesticides, solidifying North America’s dominant position in the global market. 

How does precision agriculture present an opportunity for the biopesticides market? 

Precision agriculture represents a significant opportunity within the biopesticides market. By incorporating advanced tools like drones, sensors, and data analytics, farmers can detect infestation areas with greater accuracy, enabling them to apply biopesticides more effectively and efficiently. The integration of technology with eco-friendly solutions holds considerable promise for advancing biopesticides in contemporary, sustainable farming practices. 

Key Factors Driving the Biopesticides Industry Growth: 

• Rising Consumer Demand for Organic Products: As consumers become more health-conscious and concerned about chemical residues in food, demand for organic produce has increased. This trend is pushing farmers to adopt biopesticides to meet organic certification standards.
• Environmental and Regulatory Pressure: Governments worldwide are implementing stringent regulations on chemical pesticides due to their adverse effects on human health and the environment. Biopesticides, being natural and less harmful, face fewer regulatory hurdles, encouraging their adoption.
• Increasing Awareness and Adoption of Sustainable Farming Practices: Farmers and agricultural companies are increasingly aware of the long-term benefits of sustainable farming, such as soil health preservation and reduced pest resistance, leading to a greater reliance on biopesticides.

 What’s New in Biopesticides? Recent Developments and Industry Insights 

• In May 2024, Bioceres Crop Solutions Corp announced that Brazil’s Ministry of Agriculture and Livestock (MAPA – Ministério da Agricultura e Pecuária) has approved three new bio-insecticidal and bio-nematocidal solutions derived from inactivated cells of the company’s proprietary Burkholderia platform.
• In May 2024, FMC Corporation and Optibrium signed an agreement to accelerate the discovery of novel crop protection technologies including biopesticides using ML and AI.
• In April 2024, Bayer signed an agreement with UK-based AlphaBio Control on a new biological insecticide. This strategic move should strengthen Bayer’s product portfolio. This new insecticide will be the first of its kind made available for arable crops, such as oilseed, rapeseed, and cereals, enabling Bayer to enhance its offerings in the field of sustainable crop protection.

 Top Biopesticides Companies 

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta Group (Switzerland)
• UPL (India)
• Corteva (US)
• FMC Corporation (US)
• Nufarm (Australia)
• Sumitomo Chemical Co., Ltd. (Japan)
• Gowan Company (US)

 Biopesticides Market Trends: 

• Increased Research and Innovation: Advances in biotechnology are expected to improve the efficacy, shelf life, and scope of biopesticides, making them more competitive with synthetic alternatives.
• Growing Market for Organic Farming: With the rise in organic farming, the demand for biopesticides is set to expand further, particularly in regions where organic agriculture is growing.
• Strategic Collaborations and Acquisitions: Companies in the biopesticides market are increasingly forming partnerships to enhance product offerings and expand their global presence.

 Fruits and Vegetables Set to Hold the Largest Biopesticides Market Share

The fruits and vegetables segment holds the largest share of the biopesticides market due to the crops’ high susceptibility to pest infestations and the strict regulations surrounding pesticide residues on these products. As consumer demand for residue-free fruits and vegetables continues to rise, biopesticides emerge as a safer, environmentally friendly alternative that protects crop quality. Furthermore, many export markets have established rigorous organic standards for fruits and vegetables, further driving the need for biopesticide applications within this category. 

Make an Inquiry to Address your Specific Business Needs

The global yeast market size, estimated to be valued at USD 5.5 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 8.5 billion by 2029, indicating a robust CAGR of 8.9% during the forecast period. The yeast market is a diverse and dynamic sector with applications spanning various industries, including food and beverage, pharmaceuticals, and agriculture. 

Factors Driving the Yeast Market Growth 

The bakery industry has seen significant growth globally, particularly in emerging economies, driven by urbanization and evolving consumer preferences. This expansion has resulted in a notable increase in yeast demand, a vital component in bread-making. Yeast acts as the leavening agent that facilitates fermentation, giving bread its desired texture. In emerging markets, the growing preference for convenient and affordable food options, including packaged bread and pastries, has further boosted yeast demand. Data from Agriculture Canada highlights this trend, showing that bread sales in the US rose from USD 23,541 million in 2018 to USD 30,018 million in 2022. This increase reflects shifting consumer habits and growing bread consumption, particularly in the US. As bread remains a staple food for many, the demand for yeast, essential for fermentation and the development of bread’s texture and flavor, has surged accordingly. As a result, yeast producers are expanding their production capacities to meet the growing needs of bakeries adapting to consumer preferences. With bread sales continuing to rise, the yeast market is expected to benefit further from the bakery industry’s expansion, both in the US and worldwide, as consumers increasingly turn to baked goods for convenience and satisfaction. 

The Feed Sector’s Expanding Yest Market Share: A Focus on Enhanced Nutrition 

The increasing demand for yeast-based feed solutions reflects a broader shift towards sustainable and efficient agricultural practices. With companies such as Phileo by Lesaffre (France) introducing innovative products like the Actisaf Sc 47 HR+ probiotic for the poultry sector, there’s a clear emphasis on meeting this demand through research-driven solutions. These yeast-based additives offer a range of benefits, including improved feed efficiency, enhanced gut health, and better nutrient digestibility, leading to improved animal performance and welfare. As such, investments in launching new yeast-based feed products not only cater to current market demands but also drive forward the industry’s commitment to innovation and sustainability. 

Yeast Market Trends 

• Health and Wellness: Increasing consumer awareness about health benefits associated with yeast, such as probiotics in nutritional yeast, is driving market growth.
• Rising Demand for Processed Foods: The growth in the processed food sector is fueling the demand for baker’s yeast and other yeast products.
• Craft Brewing Boom: The rise of craft breweries has increased the demand for specialty and high-quality yeast strains.
• Sustainable Solutions: Yeast is gaining attention as a sustainable alternative in various applications, including biofuels and biodegradable products.

 Request Sample Pages

In North America, the US dominates the yeast market due to rising trade opportunities. The rise in trade opportunities has positioned the United States as a dominant force in the yeast industry within North America. With a notable export volume of USD 147 million in 2022, the United States emerged as the sixth-largest exporter of Yeast globally, showcasing its significant presence in the international market. Notably, the main destinations for US Yeast exports include Canada, Mexico, and Japan, indicating a diverse reach across different regions. Moreover, the fastest-growing export markets for US Yeast, such as Canada, Italy, and Japan, highlight the country’s ability to capitalize on expanding trade avenues. Additionally, while the United States imports substantial amounts of Yeast, totaling USD 439 million in 2022, its status as the largest importer globally provides leverage in negotiating favorable trade terms and strengthening its position as a dominant player in the North American yeast market. This robust trade activity underscores the United States’ growing influence and competitiveness in the global Yeast trade landscape, particularly within the US region. 

Top Yeast Companies 

• ADM (US)
• Associated British Foods plc (UK)
• Alltech (US)
• AngelYeast Co., Ltd (China)
• Lallemand Inc. (Canada)
• ICC (Brazil)
• Leiber (Germany)
• Lesaffre (France)
• Nisshin Seifun Group Inc (Japan)
• Pacific Fermentation Ind. Ltd. (Canada)
• Pak Holding (Turkiye)
• Biorigin (Brazil)
• Kemin Industries, Inc (US)

The biocontrol market refers to the use of natural organisms, substances, or methods to manage agricultural pests and diseases, reducing the reliance on chemical pesticides. This approach integrates biological agents such as predators, parasitoids, pathogens, and beneficial microorganisms to control harmful insects, weeds, and plant diseases. The global biocontrol market size was projected to reach USD 6.6 billion in 2022 and is expected to nearly double to USD 13.7 billion by 2027, growing at a CAGR of 15.8% during this period. Biocontrol solutions, including biopesticides and semiochemicals, are derived from natural sources such as microbials, biochemicals, and macrobials. Unlike traditional agricultural chemicals, which pose risks to both the environment and human health, biocontrol products offer a safer alternative. Policymakers, particularly in North America and Europe, are increasingly regulating chemical pesticides to ensure food safety, environmental protection, and sustainability. Rising consumer awareness and the growing demand for organic food are also key drivers, fueling the expansion of the biocontrol market. 

Pesticide Resistance: Unlocking New Market Opportunities for Biocontrol Solutions 

For decades, site-specific pesticides have effectively protected crops. However, plant pathogenic bacteria, fungi, and insect pests are increasingly developing resistance to these chemicals. Through genetic mutations, these pests are adapting to crop protection solutions, leading to a decline in the efficacy of chemical pesticides and causing pest resurgence. The rapid loss of fungicidal effectiveness against resistant pathogens poses a significant challenge for the chemical pesticides market. This growing issue, however, also presents a prime opportunity for alternative solutions such as biocontrol.

 European Farm to Fork Strategy: A Catalyst for Biocontrol Industry Growth

Europe is projected to account for 30.4% of the global biocontrol market in 2022. Key drivers of this growth include the Farm to Fork Strategy and initiatives such as the goal to reduce chemical pesticide use by 50% by 2030, which aim to promote environmental sustainability and food safety. European consumers, being highly informed, are also fueling demand for organic food products. Additionally, Europe’s advanced technological infrastructure gives it an edge in the application of biopesticides and semiochemicals. As a result, the European biocontrol market is expected to grow at the fastest pace during the forecast period, reaching USD 4,292.8 million by 2027. 

Key Biocontrol Industry Growth Drivers: 

• Rising Demand for Organic Food: The growing preference for organic farming and sustainable agricultural practices has boosted the demand for biocontrol solutions as they align with eco-friendly and non-toxic farming methods.
• Stringent Regulations on Chemical Pesticides: Increased regulations and bans on harmful chemical pesticides in various regions have encouraged farmers to adopt biological control methods.
• Environmental and Human Health Concerns: Awareness of the negative effects of synthetic pesticides on human health and ecosystems has pushed farmers and agricultural businesses towards safer biocontrol alternatives.

 Biocontrol Market Trends: 

• Technological Advancements: The development of more effective and specialized biocontrol products is increasing the efficiency and adoption of biological pest control solutions.
• Integrated Pest Management (IPM): Farmers are integrating biocontrol with other sustainable practices such as crop rotation, mechanical control, and resistant crop varieties.
• Partnerships and Collaborations: Companies are increasingly forming alliances with research institutions to enhance product portfolios and expand market reach.

 Request Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=216657040

Semiochemicals Market: Traps Mode of Application Set for Rapid Expansion 

Semiochemicals are applied through various methods, including dispensers, sprays, and traps, with traps expected to experience the fastest growth during the forecast period. This growth is driven by their convenience and ready-to-use design. Pheromone traps, in particular, are commonly used to capture specific insect species by using a semiochemical attractant inside the trap. Traps are also widely used for mass monitoring and trapping. In mass capturing efforts, the number of traps per unit area is increasing to effectively capture more insects. Common types of pheromone traps include delta traps, sticky traps, winged traps, and funnel traps. 

Top Biocontrol Leaders: Pioneers of Sustainable Agriculture 

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta AG (Switzerland)
• UPL Limited (India)
• FMC Corporation (US)
• Shin-Etsu Chemical Co. Ltd. (Japan)
• Suterra LLC (US)
• Marrone Bio Innovations (US)
• Novozymes A/S (Denmark)

The agricultural microbials market size is projected to reach USD 9.45 billion by 2025, growing at a compound annual growth rate (CAGR) of 14.7% to reach USD 18.75 billion by 2030. This growth is driven by the increasing global adoption of microbial products, particularly in Europe and the Americas, with the latter accounting for over half of global biopesticide usage. While the future appears promising for agricultural microbials in developing economies such as India and China, advancements in application methods are necessary to meet the rising demand for organic agriculture. These products are poised to mitigate the environmental impact of current agricultural practices. Key factors driving market growth include rising consumer preference for organic food, reductions in chemical pesticide use, pest resurgence, and the need for sustainable agricultural practices. 

Market Drivers: Rising Focus on Sustainable Agriculture 

The agricultural microbials market is benefiting from the growing emphasis on sustainable farming practices. Farmers and agribusinesses are increasingly turning to eco-friendly solutions to comply with regulatory requirements and meet consumer demand for sustainable food production. Agricultural microbials, including biopesticides, biofertilizers, and biostimulants, offer organic alternatives for pest and disease management, enhancing crop health, and improving soil fertility while minimizing environmental impact. Policies such as the European Union’s Farm to Fork Strategy and the Common Agricultural Policy (CAP) are pivotal in transitioning to sustainable food systems. These initiatives aim to have 25% of EU agricultural land under organic farming by 2030 and significantly reduce nutrient losses and fertilizer usage. On a global scale, efforts such as the USD 379 million program launched in March 2024 by countries including Ecuador, India, Kenya, and Vietnam, with support from UNEP, UNDP, UNIDO, and the African Development Bank, are geared towards reducing agricultural pollution and promoting microbial technologies. 

Crop Protection Segment to Hold Largest Market Share 

The crop protection segment is expected to hold the largest agricultural microbials market share due to the growing need for sustainable solutions to combat pests, diseases, and weeds. Microbial crop protection products, such as biopesticides, biofungicides, and bioherbicides, offer targeted action, lower environmental toxicity, and compatibility with integrated pest management (IPM) programs. These products, derived from naturally occurring microorganisms like bacteria, fungi, and viruses, are safer for the environment, non-target organisms, and human health. Innovations in microbial formulations, including extended shelf life, stability, and improved delivery mechanisms, are addressing key challenges in adoption. Research collaborations between industry players and academic institutions are also contributing to the development of region-specific microbial strains to combat pests and pathogens, further strengthening the crop protection segment. 

Europe to Register the Highest CAGR 

Europe Agricultural Microbials Market is expected to witness the highest growth rate during the forecast period, driven by the rise in sustainable agriculture and increased organic farming. Government initiatives, such as the Farm to Fork Strategy and the Common Agricultural Policy (CAP), are key drivers. The Farm to Fork Strategy aims to reduce pesticide use by 50% and increase organic farming to 25% of agricultural land by 2030, while CAP provides subsidies for sustainable practices. Countries like Germany, France, Spain, and Italy are leading the adoption of biopesticides, biofertilizers, and biostimulants as consumers increasingly seek residue-free, organic produce. Advances in microbial research, technological innovations, and strong government support have fueled product availability and adoption in the region. Additionally, the growing awareness of soil health and the role of microbials in enhancing soil fertility and crop resilience is boosting demand. 

Request Custom Data to Address your Specific Business Needs 

Key Market Trends and Factors The agricultural microbials market is driven by several factors, including the increasing demand for sustainable and eco-friendly farming solutions, rising consumer preference for organic and residue-free produce, and growing awareness of the environmental and health risks associated with synthetic chemicals. Stringent government regulations aimed at reducing pesticide use are further propelling the adoption of microbial alternatives. Additionally, advancements in microbial research and technology, improved product formulations, and the need for effective soil health management are contributing to market growth. 

Bacteria Segment Holds the Largest Market Share 

Bacteria dominate the agricultural microbials industry due to their versatile applications and proven effectiveness in enhancing crop productivity and soil health. Beneficial bacterial strains, such as Bacillus, Pseudomonas, and Rhizobium, are widely used in biopesticides, biofertilizers, and biostimulants to protect crops from pests and diseases, fix atmospheric nitrogen, and improve nutrient uptake. Their adaptability to diverse environmental conditions and compatibility with various farming practices make bacterial products a preferred choice for farmers. 

Soil Amendment Segment Holds Significant Market Share 

The soil amendment segment is expected to maintain a significant market share due to the growing emphasis on improving soil health and fertility. Microbial-based soil amendments, including biofertilizers and biostimulants, play a crucial role in enhancing nutrient availability, promoting beneficial microbial activity, and improving soil structure. These solutions are increasingly adopted to combat soil degradation, reduce chemical dependency, and support sustainable farming practices. In conclusion, the agricultural microbials market growth is driven by the rising demand for sustainable agricultural solutions, advancements in microbial technologies, and supportive government initiatives. As farmers and agribusinesses continue to prioritize eco-friendly and effective farming practices, the adoption of microbial products is set to rise, shaping the future of global agriculture. 

Top Companies in Agricultural Microbials Market 

BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), UPL (India), Corteva (US), FMC Corporation (US), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), BIONEMA (US), Koppert (Netherlands), Certis USA L.L.C. (US), Bioceres Crop Solutions (Argentina), Novonesis Group (Denmark), BioFirst Group (Belgium), and Lallemand Inc (Canada).

In the dynamic landscape of the turf protection industry, key players like Syngenta Crop Protection AG (Switzerland), UPL Limited (India), Corteva Agriscience (US), Nufarm (US), Bayer AG (Germany), and BASF SE (Germany) are at the forefront of innovation and market expansion. These industry leaders are driving growth through strategic initiatives such as partnerships, acquisitions, and cutting-edge product developments, solidifying their positions as influential forces in shaping the future of the turf protection industry. Their efforts not only enhance their global presence but also set new benchmarks for industry standards and customer expectations. The global turf protection market size is estimated to reach $8.1 billion by 2028, growing at a 4.9% compound annual growth rate (CAGR). The market size was valued $6.4 billion in 2023. 

Top Global Turf Protection Leaders to Watch in 2025 

• 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)

 Investments and Innovations: Key Strategies of Top Turf Protection Companies

Syngenta Crop Protection AG: Pioneering Integrated Pest Management Solutions 

Syngenta Crop Protection AG, a Switzerland-based global agribusiness, is a key player in the crop protection and seeds sectors. The company provides a wide array of products, including herbicides, insecticides, fungicides, and seed treatments, aimed at enhancing agricultural productivity and food quality for growers worldwide. With operations in over 90 countries, Syngenta has an extensive global footprint. In October 2020, Syngenta bolstered its market position by acquiring Valagro, a leading company in biological solutions. Valagro’s strong presence across Europe, North America, Asia, and Latin America complements Syngenta’s portfolio of crop protection chemicals. This acquisition enables Syngenta to offer more integrated pest management solutions that reduce dependence on synthetic chemicals, while Valagro’s expertise in plant nutrition supports healthier turfgrass growth and better soil health. 

Request Sample Pages

Bayer AG: Sharpening Focus for the Future of Turf Protection

Bayer AG, a multinational pharmaceutical and life sciences company headquartered in Leverkusen, Germany, operates across three business segments: Pharmaceuticals, Consumer Health, and Crop Science. The company’s Crop Science division caters to the turf protection market, offering products such as herbicides, insecticides, and fungicides. With operations in over 90 countries, including regions like North America, South America, Europe, the Middle East, Africa, and Asia Pacific, Bayer maintains a strong global presence. In March 2022, Bayer sold its Environmental Science Professional business, which includes turf protection products, to private equity firm Cinven for USD 2.6 billion. This strategic divestment is part of Bayer’s ongoing efforts to streamline its portfolio and concentrate on core businesses, ensuring a more focused approach to its future operations. 

UPL Limited: Innovating Turf Management Solutions Globally

UPL Limited, formerly known as United Phosphorus Limited, is a global agrochemical company based in India, providing a wide range of agricultural solutions, including crop protection products, seeds, and post-harvest solutions. UPL is a key player in turf management, offering innovative solutions for golf courses, sports fields, and other turf areas. Their product portfolio includes herbicides, fungicides, insecticides, and plant growth regulators, all designed to enhance turf quality and health while effectively controlling pests and diseases. Operating in over 130 countries across North America, South America, Europe, and Asia Pacific, UPL has 28 manufacturing sites worldwide, solidifying its position as a leader in the global turf protection market.

Plant factories, also known as vertical farms or indoor farms, are advanced agricultural systems designed to produce crops in controlled environments using cutting-edge technology. These facilities utilize artificial lighting, climate control, and hydroponics or aeroponics to optimize plant growth, offering an innovative solution to the challenges faced by traditional agriculture.The global plant factory market size was valued at US$ 129 million in 2022 and is poised to grow from US$ 138 million in 2023 to US$ 196 million by 2028, growing at a CAGR of 7.3% in the forecast period (2023-2028).

Plant Factory Market Growth Drivers

To meet the rising demand for food and address the challenges posed by shrinking cropland and declining soil fertility, alternative farming techniques like vertical farming have gained prominence. These technologies are crucial for achieving food self-sufficiency, especially in countries that have historically struggled with domestic production and supply due to limited natural resources and unfavorable climatic conditions. The scarcity of arable land, poor soil quality, and increased food demand have spurred the development of innovative methods like vertical farming, which is gradually gaining traction worldwide. Vertical farming optimizes space by growing food in stacked layers or towers, offering advantages such as more efficient land use, consistent year-round crop production unaffected by weather conditions, and reduced water and pesticide usage.Hydroponic farming, a key component of vertical farming, uses significantly less water than traditional agriculture due to its efficient water use system. Plants consume only 0.1% of the water supplied, with the rest being returned to the environment through evapotranspiration. In contrast, conventional farming often wastes water due to inefficient irrigation, evaporation, and poor water management. Vertical farming allows for efficient water use, using up to 95% less water than traditional methods. According to the Columbia University Earth Institute, vertical farmers use 70% to 95% less water compared to conventional farmers for plant cultivation.

Greenhouses Dominate Plant Factory Industry Share

Greenhouse farming offers several advantages over traditional farming methods, such as greater control over environmental factors like temperature, humidity, and lighting, which can result in higher crop yields and quality. As growers see the benefits of greenhouse farming, they may also become interested in incorporating plant factory technology into their operations, which can further increase efficiency, reduce costs, and improve crop quality. This can drive further demand for plant factory systems and technologies, leading to further growth in the plant factory industry.

Request Sample Pages to Address your Specific Business Needs

The digital agriculture market is on a path of significant expansion, driven by technological advancements and the growing need for sustainable and efficient farming practices. As digital tools and platforms continue to evolve, they promise to transform the agricultural landscape, offering opportunities for increased productivity, enhanced food security, and improved farmer livelihoods. 

The Rise of Digital Agriculture: Forecasting a $39.8 Billion Market by 2029 

Digital agriculture offers innovative solutions to tackle the growing challenge of food insecurity, which is increasingly intensified by rising population levels. By utilizing technologies such as remote sensing and data analytics, digital agriculture enhances the efficiency and sustainability of food production. These advancements help optimize resource use, improve crop yields, and reduce environmental impacts, boosting food availability and accessibility. The global digital agriculture industry is on a trajectory of significant growth, with an estimated value forecasted to reach USD 39.8 billion by 2029 from the 2024 valuation of USD 24.2 billion, exhibiting an optimistic Compound Annual Growth Rate (CAGR) of 10.4%. 

How Does the Digital Economy Promote Agricultural Development? 

In December 2023, the influence of the digital economy on agriculture in developing countries emerged as a crucial factor in boosting agricultural production and tackling hunger-related issues. Technologies like precision farming, data analytics, and digital monitoring systems are essential for refining farming practices, enhancing yields, and improving resource efficiency. Additionally, digitalization is transforming governance within the agricultural sector by enabling more transparent and efficient management. This results in better policymaking, resource allocation, and monitoring of agricultural programs. A notable example is the Indian government’s initiative to lead a technological revolution in agriculture. As of January 1, 2024, India is demonstrating its commitment to modernizing agriculture through strategic initiatives designed to close the technology gap and increase productivity. A key component of this effort is the National e-Governance Plan in Agriculture (NeGPA), which supports states in implementing digital agriculture projects that leverage artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), and blockchain. NeGPA aims to promote data-driven decision-making to optimize agricultural outcomes and drive sectoral advancements. 

The Surge in Automation Hardware: What the Highest Projected CAGR Means for the Digital Farming Industry 

As technology continues to transform agricultural practices, the role of automation and control systems becomes increasingly critical. Modern hardware solutions, from sensor-equipped devices to automated machinery, are revolutionizing farming processes. The focus on precision farming is driving the integration of these advanced hardware solutions to optimize resource use, boost efficiency, and improve overall agricultural productivity. This growing adoption of automation and control systems highlights the significant impact of digital technologies on traditional farming, paving the way for a future of smart, data-driven agriculture that promises sustainability and technological advancement.

 China, India, and Beyond: The Growing Influence of Asia Pacific Digital Agriculture Market 

The Asia Pacific digital agriculture market is significantly driven by government incentives, expanding internet access, and growing awareness of technological advancements. These factors, along with the need for higher agricultural yields and more efficient resource use, are fueling the region’s progress in digital agriculture. Government policies and educational programs aimed at farmers have raised awareness and adoption of digital technologies. China plays a major role in the region’s leadership in this sector, with India also emerging as a key player, while Australia, New Zealand, and Japan continue to show steady growth in digital agriculture. 

The Top Digital Agriculture Companies to Watch: Innovations and Impact on the Industry IBM’s Role in Agriculture: Leveraging Data and Technology for Smarter Farming 

IBM Corporation is a global technology powerhouse headquartered in Armonk, New York, with operations in over 175 countries. With a long and storied history spanning over a century, IBM has been a pioneer in various fields, including hardware, software, and services. It operates through six business segments, namely, Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, Global Financing, and Others. The company provides agriculture solutions globally by using its Watson Decision Platform in combination with data acquired from The Weather Company to help farmers with planning, plowing, planting, and harvesting. The company has 12 R&D laboratories across six continents. Apart from the US, IBM has formidable research centers in Japan, China, India, Ireland, and Switzerland. 

Request Sample Pages to Address your Specific Business Needs 

Cisco Systems: Leading the Charge in Smart Agriculture with Advanced Networking Solutions 

Cisco Systems, Inc., is a global leader in networking technology, playing a crucial role in building the infrastructure that powers the Internet. They offer a wide range of hardware, software, and services that help businesses, governments, and individuals connect securely and efficiently. The company offers smart agriculture solutions aimed at boosting farm efficiency, income, and supply chain connections. Using tools like data analytics, sensors, and satellite imagery, Cisco Systems, Inc., builds a central platform integrating data-driven insights, collaboration tools, secure networks, and web portals. This creates an IoT ecosystem that enhances agricultural yield and profitability.

The global personalized nutrition market is estimated to reach $23.3 billion by 2027, growing at a 15.5% compound annual growth rate (CAGR). The global market size was valued $11.3 billion in 2022. The personalized nutrition market is a segment of the health and wellness industry that focuses on tailoring nutritional recommendations and products to individuals based on their unique genetic makeup, lifestyle, health status, and personal goals. This approach acknowledges that one-size-fits-all dietary recommendations may not be optimal for everyone and that personalized interventions can lead to better health outcomes. 

Factors driving the personalized nutrition market growth 

The demand for personalized diets and supplements has increased significantly as people become more conscious of holistic well-being. The growing consumer health awareness and rising disposable income across regions have encouraged individuals to shift towards personalized nutrition. Due to increased health awareness, consumers are increasingly seeking personalization in their daily experiences and moving away from the ‘one-size-fits-all’ approach. There is an increasing trend of adopting a genetically based personalized diet, driven by consumers’ growing nutrition-specific preferences. This trend has led to high demand for individually customized diets. People are increasingly transitioning from regular supplements to personalized dietary supplements and nutrition plans customized according to their genetic make-up, addressing their specific health concerns. 

What technological advancements are expected to support the growth of the personalized nutrition business in the coming years? 

The personalized nutrition industry is primed for growth, fueled by a confluence of technology and scientific advancements. Consumers are increasingly empowered by wearables and tracking apps to understand their health and personalize their diets. Research in genomics and gut health is enabling companies to develop targeted solutions like DNA testing kits and personalized supplements. This trend extends to innovative delivery methods, such as 3D-printed gummies packed with specific nutrients based on a consumer’s unique profile. From DNA-driven plans to these customized edibles, a range of technologies are poised to propel the personalized nutrition industry forward. 

Personalized Nutrition Market Trends 

• Integration of Technology: The personalized nutrition market continues to leverage advancements in technology, such as genetic testing, AI-driven algorithms, and wearable devices, to collect and analyze individual health data and provide tailored recommendations.
• Focus on Gut Health: There is a growing emphasis on gut health in personalized nutrition, with research highlighting the importance of the gut microbiome in overall health. Companies are developing products and services aimed at improving gut health through personalized dietary recommendations and microbiome testing.
• Plant-Based and Vegan Options: With the increasing popularity of plant-based and vegan diets, there is a demand for personalized nutrition solutions tailored to these dietary preferences. Companies are developing genetic tests and personalized meal plans specifically for vegetarians and vegans.
• Personalized Supplements: Consumers are seeking customized nutritional supplements tailored to their specific health needs and genetic makeup. Companies are offering personalized supplement subscriptions based on genetic testing and individual health goals.

 Request Sample Pages to Address your Specific Business Needs

North America will account for the largest personalized nutrition market share 

North America is expected to dominate the personalized nutrition market during the forecast period, capturing more than half of the global market share. This growth is driven by increased health awareness among consumers, shifting preferences, higher disposable income, a deeper understanding of health and fitness, and the presence of numerous emerging players in the region. Additionally, the growing trend of using genetic testing to provide personalized diet and nutrition recommendations through proprietary algorithms is anticipated to fuel the market's expansion. The United States and Canada are the primary markets in North America, while Mexico is experiencing steady growth in the personalized nutrition industry.  

Pet food ingredients market overview The pet food ingredients market refers to the industry involved in producing the various components that go into pet food, such as proteins, grains, vitamins, and minerals. This market is driven by the increasing demand for high-quality and nutritious pet food, as pet owners become more conscious about their pets’ health and well-being. The global pet food ingredients market size is projected to reach USD 47.4 billion by 2028 from USD 34.2 billion by 2023, at a CAGR of 6.8% during the forecast period in terms of value. 

Several factors influence the pet food ingredients industry, including: 

• Pet Humanization Trend: As pets are increasingly considered members of the family, pet owners are seeking pet foods with ingredients similar to those they consume themselves, such as organic, natural, and sustainably sourced ingredients.
• Health and Wellness Concerns: Rising awareness about pet health issues, including obesity, allergies, and digestive problems, has led to a demand for specialized pet food formulations with specific ingredients to address these concerns.
• Product Innovation: Manufacturers are continuously developing new formulations with novel ingredients to cater to specific dietary needs and preferences of pets and their owners.
• Regulatory Environment: The pet food industry is subject to regulations and standards governing the safety and quality of ingredients, driving manufacturers to ensure compliance and transparency in labeling.
• Economic Factors: Economic conditions, such as disposable income levels and consumer spending patterns, influence the types of pet food products purchased and the ingredients used in their production.
• Sustainability: There’s an increasing emphasis on sustainable sourcing and production practices within the pet food industry, leading to a growing demand for ethically sourced and environmentally friendly ingredients.
• Globalization: The pet food ingredients market is influenced by global trade dynamics, with ingredients sourced from various regions worldwide to meet the diverse needs of pet owners.

 Schedule a call with our Analysts to discuss your business needs: 

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=147

How does the increasing acceptance of cannabidiol(CBD) in various regions contribute to the opportunity for the pet food ingredients market? 

Pet owners are increasingly seeking natural approaches to pet health, driving a trend toward wellness-focused pet products. This aligns perfectly with the potential of cannabidiol (CBD), a cannabis derivative gaining attention for its therapeutic benefits in pets. CBD is believed to have calming and anti-inflammatory properties, potentially helping pets with anxiety, stress, or certain health conditions. Growing consumer education about these benefits, coupled with a more accepting regulatory landscape, opens doors for innovative pet food formulations containing CBD. This presents a significant opportunity for the pet food ingredients market. Manufacturers can cater to a growing segment seeking alternative, natural solutions for their pets’ well-being. The trend reflects not just pet owner preferences but also a broader shift toward health-conscious and natural pet products, making CBD-infused pet food a potential market winner. 

Make an Inquiry to Address your Specific Business Needs: 

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=147

North America holds a dominant position in the global pet food ingredients market 

North America’s dominance in the pet food ingredients market is underpinned by its mature industry, characterized by numerous established manufacturers and distributors. This robust infrastructure facilitates the efficient sourcing and production of a diverse range of pet food ingredients. The proliferation of e-commerce has further bolstered accessibility for pet owners across the region, offering them convenient access to a wide selection of pet food options, including those with unique or specialized ingredients. This increased accessibility contributes to a growing demand for various pet food ingredients. Moreover, North America benefits from large and efficient manufacturing facilities, enabling economies of scale in ingredient production. Consequently, this enhances cost-effectiveness and solidifies the region’s leading position in the pet food ingredients industry. 

Key Questions Addressed by the Pet Food Ingredients Market Report 

• How big is the pet food ingredients market?
• What drives the market for pet food ingredients?
• Who will be the leading hub for global pet food ingredients market
• Are there any challenges affecting this industry, as per the pet food ingredients market forecasts?

Industrial Sugar Market Overview 

The Industrial sugar market encompasses the large-scale production, distribution, and usage of sugar for various industrial applications across multiple sectors, such as food & beverages, pharmaceuticals, and cosmetics. The market plays a critical role in providing sweeteners and functional ingredients for processed foods, bakery items, soft drinks, and confectionery products. The industrial sugar industry is expected to grow steadily despite challenges posed by regulatory shifts and consumer demand for low-sugar products. Innovations in sugar substitutes, bioethanol production, and specialty sugars offer promising opportunities for market players to diversify their portfolios.

Market Size and Growth Drivers 

• Market Size: The industrial sugar market size is projected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value.
• Demand in Processed Foods: Increasing consumption of convenience foods, beverages, and confectionery globally continues to drive demand for sugar as a sweetener and texture enhancer.
• Emerging Markets: Rapid urbanization and changing lifestyles in regions like Asia-Pacific, Africa, and Latin America are contributing significantly to market expansion.

 What impact will the introduction of new customers and international players have on the industrial beet sugar industry? 

The industrial sugar industry continues to grow rapidly. Key factors contributing to industrial sugar market growth are beet sugar, a significant industrial crop utilized in food processing and producing ethanol and biogas. Mainly in tropical countries, the sugar beet crop offers a valuable alternative to sugarcane. The industrial beet sugar market growth in production and consumption has historically showcased an upward trend. It is likely to develop at a rapid pace during the forecast period. Based on consumption in the industry, the beverages segment is anticipated to offer the highest market attractiveness in the global industrial beet sugar market. Furthermore, introducing a new class of customers and entering various new international players is expected to strengthen the growth of the industrial beet sugar industry globally during the forecast period. 

For in-depth information, grab your PDF copy!

Processed Food Boom Strengthens

 Asia Pacific’s Industrial Sugar Market 

Asia Pacific leads the industrial sugar market and is expected to grow at the highest CAGR between 2023 and 2028. The region’s sugar consumption is projected to rise significantly, driven by increasing demand from the processed foods industry. Key markets in this study include China, India, Japan, and other Southeast Asian countries. Factors such as rising purchasing power, rapid middle-class expansion, and growing consumer preference for processed products offer strong potential for growth and diversification in the food sector. The anticipated expansion of food processing units in the region is likely to further boost sugar supply and consumption. Countries like China and India, with their export-oriented food processing industries, place high importance on adopting advanced technologies and automation. These developments are expected to have a positive impact on the industrial sugar market across the Asia Pacific region. 

Industrial Sugar Industry Trends and Opportunities 

• Shift Towards Organic and Specialty Sugars: With rising health consciousness, there is growing demand for organic sugars and unrefined options.
• Use of Industrial Sugar in Bioethanol Production: Sugarcane-based ethanol production, especially in Brazil, is gaining momentum.
• Innovation in Reduced and Alternative Sugars: Increasing pressure from regulatory bodies has encouraged manufacturers to explore low-sugar formulations and sugar substitutes to cater to health-conscious consumers.

 Beverages Application to Hold the Largest Industrial Sugar Market Share 

Beverages have the largest industrial sugar market share in the application sector due to several factors. The consumption of sugar-sweetened beverages such as sodas, energy drinks, and sports drinks has been increasing worldwide, particularly in developing countries. Despite efforts by public health advocates to reduce sugar consumption, sales of sugary drinks in the United States increased by 6.4% in 2021, according to Beverage Digest. The production of these beverages has also been on the rise as the global beverage industry continues to expand. 

Latest Advancements in the Industrial Sugar Industry 

• In August 2022, Raízen, the world’s largest sugar exporting company, and ASR Group, the world’s largest refiner and marketer of cane sugar, announced a partnership that sets the standard for sustainable raw cane sugar supply chains globally.
• In July 2021, Al Khaleej Sugar announced the construction of a new sugar factory in Merida, Spain. This expands the company’s operations beyond the Middle East and North Africa, as it seeks to enter the sugar-beet processing industry. The company begun construction of the new factory in 2022 and invested approximately USD 590 million. The factory has a production capacity of up to 900,000 metric tons of sugar annually.

 Key Questions Answered by the Industrial Sugar Market Report 

• Which are the major companies in the Industrial sugar market? What are their major strategies to strengthen their market presence?
• What are the drivers and opportunities for the Industrial sugar market?
• Which region is expected to hold the highest market share?
• What is the total CAGR expected to be recorded for the industrial sugar market during 2023-2028?

 Meet the World’s Top Industrial Sugar Companies 

• Tereos (France)
• Michigan Sugar Company (US)
• Dwarikesh Sugar Industries Limited (India)
• Canal Sugar (Egypt)
• Al Khaleej Sugar (Dubai)
• Rajshree Sugars & Chemicals Limited (RSCL) (India)
• Rana Group (India)
• Shree Renuka Sugars Limited (India)