The cut flowers market is a dynamic segment of the global floral industry, characterized by the cultivation, distribution, and sale of fresh cut flowers for various occasions, including weddings, funerals, celebrations, and everyday gifting. Here’s an overview of the market: 

Cut Flowers Market Trends

  • E-commerce Growth: The rise of online shopping has significantly impacted the distribution channels for cut flowers, with many consumers preferring the convenience of online ordering and delivery.
  • Sustainable Practices: There is an increasing demand for sustainably grown flowers, with consumers becoming more conscious of environmental issues. This has led to more flower farms adopting eco-friendly practices.
  • Varietal Diversity: A growing interest in exotic and unique flower varieties has driven innovation in cultivation and breeding, expanding the offerings available to consumers.
   Cut Flowers Industry Analysis

  • Global Market Value: The global cut flowers market is estimated to be valued at USD 36.4 billion in 2022. It is projected to reach USD 45.5 billion by 2027, recording a CAGR of 4.6% during the forecast period.
  • Regional Insights: Major markets include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with Europe being the largest consumer region due to its high demand for floral decorations and gifts.
 Distribution Channels

 
 
  • Retail Florists: Traditional brick-and-mortar stores that offer a wide range of floral arrangements.
  • Online Retailers: E-commerce platforms that have gained significant traction, especially during the COVID-19 pandemic.
  • Wholesale Markets: These serve as critical intermediaries for flower producers to sell their products in bulk to retailers and florists.
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Understanding Consumer Preferences in the Asia-Pacific Cut Flower Market

 
The Asia Pacific region is the most densely populated in the world. Asia is noted for several cut flowers, tropical and seasonal. Several cultures in Asia regard flowers as an important part of their heritage. They are an essential part of celebrations, mourning as well as decoration. The floriculture industry in Asia is thriving because of the increased importance of flowers for weddings, offerings in religious places, as well as home and commercial decorations. The cut flowers industry has developed in Asia because of low-cost flower demand in European countries. Roses are the most popular cut flowers in Europe. Imports of fresh-cut roses from third-world countries into the European Union (EU) increased from USD 623.23 million to USD 761 million between 2011 and 2015. The Netherlands, Germany, and the UK are the top importers in the EU, accounting for over 70% of all cut rose imports. Asia has enormous potential in the global floriculture business that has yet to be exploited globally. The region is mostly concerned with serving the domestic market. This can be ascribed to the region’s rapidly expanding economy, huge population density, and consumer perception. Cut flowers, cut foliage, and potted plants dominate the Asian home flower industry. Flowers have been an important aspect of Asian culture for thousands of years, and they are an important part of spiritual and cultural traditions. 

Top Cut Flowers Leaders: Masters of the Floral Market

 
 
  • Dummen Orange (Netherlands)
  • Danziger Group (Israel)
  • Dos Gringos LLC.(US)
  • Esmeralda Farms (US)
  • Flamingo (UK)
  • Florance Flora (India)
  • Karen Roses Company (Kenya)
  • Marginpar BV (Netherlands)
  • Multiflora (US)
 What are the top flower-producing countries, and how do they impact the global cut flower market?

 
 Fresh-cut flowers are commonly used for decorations to beautify spaces. They are an important part of celebrations like weddings and festivals, gifting to show love and care and to beautify homes and commercial spaces. They can be arranged into bouquets, corsages, and floral wreaths. In hotels and resorts, floral arrangements and decorations can make the area more comfortable and more welcoming to visitors. Flower arrangements can introduce a personal touch to the hospitality industry. Guests appreciate flowers for the freshness they bring to the surroundings. The production of floricultural products has grown consistently over the last 20 years, with an average yearly growth of 6% to 9%. The top ten major flower-producing countries in the world during 2018 were the Netherlands (52%), Colombia (15%), Ecuador (9%), Kenya (7%), Belgium (3%), Ethiopia (2%), Malaysia, Italy, Germany, and Israel (1%). 


The Textile Yarn Market is a critical segment of the global textile industry, serving as the foundation for producing fabrics used across various applications, including apparel, home textiles, and industrial textiles. Yarn is a continuous strand of fibers, whether synthetic or natural, that is spun and twisted to create a fabric’s base structure. The market is witnessing significant growth due to increasing demand for sustainable textiles, technological advancements in yarn production, and a growing focus on performance fabrics. 

Textile Yarn Industry Growth Drivers 

  • Rising Demand for Sustainable and Eco-friendly Textiles: Consumers are increasingly favoring eco-friendly materials, leading to the growth of organic and recycled yarns.
  • Technological Advancements: Innovations such as open-end spinning and air-jet spinning have improved yarn quality and production efficiency.
  • Increasing Demand for Technical Textiles: The rise in industries like automotive and healthcare is driving demand for technical yarns with specific performance characteristics.

 Textile Yarn Market Overview: Threads of Change in a Growing Industry 

The global textile yarn market is valued at USD 14.4 billion in 2023 and is expected to grow to USD 18.5 billion by 2028, registering a compound annual growth rate (CAGR) of 5.1% over the forecast period. A key driver of this growth is the expanding middle class in emerging economies. As more individuals move into the middle-income bracket, the demand for affordable, fashionable clothing increases, boosting the consumption of textile yarns. 

What role does fashion and design influence play in driving the demand for textile yarns in the U.K. market? 

The U.K. stands as one of the largest textile yarn markets in Europe, with the demand for textile yarns increasing significantly in recent years. This growth is driven by several factors, including technological innovations, a heightened focus on sustainability and quality, and the influence of fashion and design trends. With Europe’s deep-rooted history and tradition in the textile industry, the U.K. is particularly renowned for its expertise in manufacturing processes such as spinning, weaving, and dyeing. This strong foundation has helped solidify the U.K.’s leadership in textile yarn production. 

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The U.K. is also recognized for its technological advancements in the textile sector. The industry has embraced automation, digitalization, and innovative spinning techniques, resulting in the production of high-quality and diverse textile yarns. These innovations have improved production efficiency and enhanced the range of options available to manufacturers and designers. In addition, sustainability and ethical practices have become central to the U.K.’s textile yarn market. Consumers are increasingly aware of the environmental and social implications of their purchases, prompting British textile manufacturers to adopt sustainable practices, such as using organic and recycled fibers, reducing waste, and ensuring fair labor conditions. This commitment to sustainability and ethics has positioned U.K.-produced textile yarns as highly attractive to environmentally conscious consumers.

 Opportunities Ahead: Technological Advancements Transforming Yarn Development 

The market presents an opportunity for new product development and innovation in yarn development. As the market continues to grow and expand into new geographies, there is a need for companies to differentiate themselves and stand out from competitors. There are ample opportunities for manufacturers to develop innovative yarns with enhanced properties, such as stretchability, moisture-wicking, and antibacterial features, to cater to the evolving demands of consumers and various industries. The expansion of the market into new geographies also presents an opportunity for companies to adapt their products to meet the needs and preferences of consumers in different regions. The textile yarn market offers a promising opportunity for companies to develop new and innovative products that can meet the evolving needs and preferences of consumers. 

Textile Yarn Market Trends 

  • Growing Popularity of Smart Yarns: Yarns with embedded technologies, such as sensors or conductive properties, are becoming essential in developing smart textiles for wearable electronics and healthcare applications.
  • Expansion of Recycled Yarn: As sustainability continues to drive consumer preferences, the use of recycled fibers in yarn production is likely to expand significantly.
  • Automation in Yarn Production: Increased automation in spinning mills and other yarn manufacturing processes will further boost production efficiency and reduce costs.

 Polyester Set to Lead the Artificial Yarn Market with Largest Share 

The polyester segment within the artificial yarn category of the textile yarn market is witnessing substantial growth, driven by its widespread adoption across various industries and applications. Polyester yarn offers numerous advantages that have fueled its increasing popularity. Known for its exceptional durability and strength, it is ideal for a wide range of textile products. Additionally, polyester yarn demonstrates excellent resistance to abrasion, wrinkles, and stretching, resulting in fabrics that are long-lasting and require minimal maintenance. 

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Another key factor driving the growth of the polyester segment is its cost-effectiveness. Polyester yarn can be produced at a lower cost compared to natural fibers, making it an economical choice for both manufacturers and consumers. This cost-efficiency is particularly valuable in mass production and budget-sensitive markets, further solidifying polyester’s dominant position in the textile yarn industry. 

Spotlight on Major Textile Yarn Manufacturers: Innovation and Expansion Strategies 

The textile yarn market is predominantly driven by major manufacturers in North America and Asia-Pacific. Leading companies include Celanese Corporation (US), Asahi Kasei Corporation (Japan), TORAY INDUSTRIES, INC. (Japan), Indorama Ventures Public Company (Thailand), KURARAY CO., LTD. (Japan), Vardhman Textiles Limited (India), Raymond (India), and more. These players are leveraging various growth strategies, such as product launches, partnerships, and mergers, to strengthen their market positions. 

  • TORAY INDUSTRIES, INC. is renowned for its innovative textile solutions, focusing on sustainability and high-performance yarns.
  • Indorama Ventures, a global leader in polyester production, is known for its commitment to quality and innovation.
  • Vardhman Textiles and Raymond are also key players, offering a diverse range of natural and synthetic yarns, all while emphasizing sustainability in their operations.

 These companies not only cater to the textile industry but also set the standards for quality and environmental responsibility. 

Insights Unveiled: Key Questions from the Textile Yarn Market Report 

  • What is the current size of the Textile Yarn market?
  • Which are the key players in the market, and how intense is the competition?
  • Which type is projected to account for the largest share of the textile yarn market?
  • Which source is projected to dominate the textile yarn market?
  • Which region is projected to account for the largest textile yarn market share?

In recent years, the global food industry has seen a marked shift in consumer preferences toward dairy alternatives. This trend highlights evolving attitudes regarding health, sustainability, and ethics. As individuals increasingly opt to reduce or eliminate dairy from their diets, the dairy alternatives market demand has surged. A key factor driving this growth is the heightened focus on health and wellness. Consumers are becoming more health-conscious and seeking products that align with their dietary needs and restrictions. Dairy alternatives such as almond, soy, and oat milk are often viewed as healthier options due to their lower saturated fat content and lack of cholesterol. Additionally, many of these alternatives are fortified with essential vitamins and minerals, making them appealing for those aiming to maintain a balanced diet. Lactose intolerance is also contributing to the rise in dairy alternatives. With a significant portion of the global population struggling to digest lactose, these alternatives offer a comfortable solution for enjoying milk-like products without digestive issues. Furthermore, the increasing prevalence of dairy allergies is driving further demand for plant-based milk and dairy substitutes. At a 10.1% CAGR, the global dairy alternatives market size is projected to reach US$ 43.6 billion by 2028 from a projected US$ 27.0 billion in 2023. The global market size was valued at US$ 24.6 billion in 2022. 

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 In response to rapidly changing lifestyles, consumers are increasingly seeking nutritious and healthier food options. The gap between fast food and unhealthy junk food is likely to widen as people actively pursue convenient yet health-conscious choices. For suppliers and manufacturers, identifying products with high nutritional value represents a substantial opportunity in the dairy alternatives industry. 

Rapid Urbanization and Increased Disposable Income: Drivers of Dairy Alternative Market Growth 

With the global population rising, there is growing pressure on already limited resources. Escalating energy prices and increasing raw material costs are directly impacting food prices, which disproportionately affects individuals with lower incomes. This strain on the food supply is exacerbated by water scarcity, particularly in regions like Africa and Northern Asia. Conversely, the Asia Pacific region presents cost advantages in production and processing, creating a significant opportunity for dairy alternative suppliers and manufacturers due to the combination of high demand and cost-effective production. 

Soy’s Dominance: Analysing the Dairy Alternatives Market Share 

Soy-based dairy alternatives are considered efficient substitutes for dairy products and occupy a significant share of the dairy alternatives market. The widespread popularity and increasing consumption of soy-based products can be attributed to their exceptional nutritional value. These products serve as abundant sources of proteins and calcium, making them highly regarded as excellent dairy substitutes, especially for those who are lactose intolerant. Furthermore, soy-based products do not contain casein, a common allergen found in many dairy items. Soy milk, which is available in a variety of flavors and types, offers consumers a wide range of options to choose from. It is typically derived from soybeans or soy protein isolate, with thickeners and vegetable oils often added to enhance taste and consistency. Soy milk finds its best application in savory dishes, coffee, and cereal, where it serves as a suitable replacement for cow’s milk. 

How are urbanization, dietary diversification, and foreign direct investment contributing to changes in the dairy alternatives industry in the Asia-Pacific region? 

The Asia-Pacific region is experiencing a surge in demand for fortified nutritional food and beverages, driven by busy lifestyles and increasing disposable incomes. This trend is accelerating the adoption of dairy alternatives, particularly soymilk, due to evolving consumer preferences. The region’s economic growth is expected to further boost the consumption of affordable and plentiful soymilk. To meet the rising interest in healthy and pasteurized dairy substitutes, food manufacturers are diversifying their soymilk offerings with unique flavors. 

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This analysis focuses on key countries within the region, including Japan, Australia, China, and India. Major players such as Sanitarium Health & Wellbeing Company, Freedom Foods Group Ltd., Vitasoy International Holdings Limited, and Purebates are central to the expanding dairy alternatives market. The sector is evolving rapidly due to urbanization, dietary diversification, and increased foreign investment in the food industry. Additionally, rising income levels, a growing middle class, heightened health awareness, and the demand for nutritional products are creating significant growth opportunities in the 

Asia-Pacific dairy alternatives market. What’s New? The Latest Advances in Dairy Alternatives Industry 

In June 2023, Oatly Group AB (Sweden) launched and introduced a vegan cream cheese that is now available nationwide in the US. This oat-based cream cheese innovation comes in two flavors: Plain and Chive & Onion. In April 2021, SunOpta announced the acquisition of the Dream and WestSoy plant-based beverage brands from The Hain Celestial Group, Inc. The acquired brands helped the company expand its product portfolio, further accelerating growth in this business. 

Top Dairy Alternatives Manufacturers 

Danone North America Public Benefit Corporation (US) The Hain Celestial Group, Inc. (US) Blue Diamond Growers (US) Freedom Foods Group Limited (Australia) Valsoia S.p.A (Italy) SunOpta (Canada) Qatly Group AB (Sweden) Sanitarium (New Zealand) 

Key Questions Answered in the Dairy Alternatives Market Report 

Market size snapshot: How big is the dairy alternative sector? 

What are dairy alternatives market trends

Is there Oceania (New Zealand and Australia) specific information (market size, players, growth rate) for the global dairy alternatives market?

The fungicides market is a critical segment of the agricultural chemicals industry, playing a vital role in crop protection by controlling fungal diseases that can significantly impact crop yield and quality. Fungicides are chemical compounds or biological organisms used to kill or inhibit the growth of fungi and fungal spores. They are widely used in agriculture to protect crops such as cereals, grains, fruits, vegetables, and ornamental plants from various fungal diseases like blights, rusts, and mildews.

 Fungicides Market Size 

  • The global fungicides market has been experiencing steady growth due to rising demand for food security, increasing global population, and the need to improve agricultural productivity.
  • The global fungicides market is estimated at USD 23.9 billion in 2024 and is projected to reach USD 32.3 billion by 2029, at a CAGR of 6.2% during the forecast period.

 Fungicides Market Growth Drivers 

  • Growing Demand for High Crop Yield and Quality: Farmers are increasingly adopting fungicides to enhance crop yield and protect crops from diseases, ensuring high-quality output.
  • Rising Awareness of Food Security: With the global population continuing to grow, there is an increasing emphasis on maximizing crop output to ensure food security.

 Know about the assumptions considered for the study 

  • Technological Advancements in Fungicide Development: Innovations in fungicide formulations, such as bio-based fungicides and integrated pest management strategies, are driving market expansion.
  • Expansion of Organic Farming: The growing trend of organic farming has led to an increased demand for bio-fungicides, which are environmentally friendly and safer for use.

 How North America Maintains a Strong Fungicides Market Share? 

The fungicides market commands a significant share in North America due to the region's robust agricultural infrastructure and widespread adoption of advanced crop protection technologies. This region is characterized by diverse and extensive farming practices, creating a strong demand for effective fungicide solutions to combat a variety of fungal diseases and ensure high crop yields. Key agricultural zones such as the Rio Grande Valley in Texas and Mexico (known for citrus fruits), California's Central Valley (fruits and vegetables), the Gulf Coastal Plain (vegetables), and the Appalachian sandy valleys (cotton and tobacco) are vital contributors to this demand. Furthermore, North America is home to leading fungicide manufacturers and substantial investments in research and development, driving innovation and enhancing product availability. Supportive government regulations aimed at boosting agricultural productivity further strengthen the demand for fungicides, solidifying North America's leading position in the global fungicides industry. 

The Rise of Bio-Fungicides: A Sustainable Future for Crop Protection 

A significant opportunity in the global fungicides market lies in the rising demand for bio-fungicides, driven by increasing consumer awareness and regulatory mandates to adopt more sustainable farming practices. As environmental concerns and organic farming initiatives gain momentum, both farmers and regulatory bodies are seeking alternatives to traditional chemical fungicides. Bio-fungicides, derived from natural sources, offer an eco-friendly solution that aligns with the goals of organic and sustainable agriculture. These products help reduce the environmental impact of crop protection while catering to the growing market of health-conscious consumers who prefer foods produced with minimal synthetic inputs. 

Global Fungicides Leaders: Bayer, BASF, and Corteva Drive Growth with New Technologies and Strategic Moves 

Bayer AG, BASF SE, and Corteva are leading players in the global fungicides and crop protection markets, each bringing innovative solutions to address agricultural challenges. Bayer AG, a German multinational, operates across pharmaceuticals, consumer health, and crop science segments, with fungicides like Flint, Fox, Luna, Sonata, and Mikal under its agricultural portfolio. In July 2024, Bayer launched the Valpura fungicide in Brazil, featuring bixafen for effective and long-lasting disease control, enhancing crop yields for potatoes, tomatoes, grapes, and apples. 

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BASF SE, another German giant, specializes in chemicals and crop protection products. In March 2024, BASF announced its investment in a new fermentation plant in Ludwigshafen to produce biological fungicides and seed treatments, slated to open in late 2025. Corteva, a U.S.-based agricultural firm spun off from DowDuPont, focuses on crop protection, seeds, and sustainable farming practices. In March 2023, Corteva acquired Stoller, a leading company in the biologicals sector, reinforcing its commitment to green and sustainable agricultural solutions. Together, these companies are driving innovation and sustainability in the global crop protection landscape. 

Fungicides Industry Update: Recent Launches and Technological Advancements 

  • In June 2024, BASF SE launched its new rice fungicide, Cevya (400g/L mefentrifluconazole), in China that features the active ingredient Revysol (mefentrifluconazole) for effective prevention and control of rice false smut.
  • In August 2023, Bayer AG invested USD 231.3 million to construct a new R&D facility at its Monheim site. This investment marked Germany's largest single financial commitment towards crop protection in the last four decades. The R&D facility was designed to accommodate approximately 200 employees. By implementing advanced safety measures, including early safety screens and Artificial Intelligence (AI), Bayer aimed to develop the next generation of safe and sustainable crop protection products. This will help develop new fungicide products.
  • In March 2023, Corteva acquired Stoller, one of the largest independent companies in the biologicals sector, headquartered in Houston, Texas. This acquisition will strengthen Corteva’s dedication to offering farmers environmentally friendly, sustainable solutions that align with advancing farming practices and demonstrate proven effectiveness.

The savory ingredients industry encompasses a wide range of products used to enhance the flavor of savory dishes. This market includes various ingredients such as herbs, spices, seasonings, sauces, marinades, stocks, broths, and flavor enhancers.

Key factors driving the savory ingredients market growth include:

1.    Changing Consumer Preferences: Consumers are increasingly seeking diverse and authentic flavors from around the world, leading to a demand for a variety of savory ingredients.

2.    Health and Wellness Trends: As consumers become more health-conscious, there’s a growing demand for savory ingredients that are perceived as natural, organic, and free from artificial additives.

3.    Globalization of Culinary Influences: Increased globalization has led to the popularity of ethnic cuisines, driving demand for savory ingredients such as spices, herbs, and sauces from different regions.

4.    Convenience and Ready-to-Eat Foods: The rising demand for convenience foods and ready-to-eat meals has boosted the demand for savory ingredients that can enhance the flavor of such products.

5.    Foodservice Industry Growth: The expansion of the foodservice industry, including restaurants, cafes, and fast-food chains, drives the demand for savory ingredients used in food preparation.

6.    Innovations in Product Development: Manufacturers are constantly innovating to introduce new savory ingredients with unique flavors, textures, and health benefits to cater to changing consumer preferences.

7.    E-commerce Growth: The increasing popularity of online shopping has made savory ingredients more accessible to consumers, driving market growth.

8.    Health and Wellness Trends: As consumers become more health-conscious, there’s a growing demand for savory ingredients that are perceived as natural, organic, and free from artificial additives.

The global savory ingredients market size is on a trajectory of significant expansion, with an estimated value projected to reach USD 12.1 billion by 2029 from the 2024 valuation of USD 9.4 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.2%.

How are manufacturers responding to the trend towards natural and healthful flavor ingredients in their product development strategies?

The savory ingredients industry is poised for significant growth driven by the increasing preference for natural and healthful flavor components. Consumers are increasingly seeking food products made with clean-label ingredients, free from artificial additives, preservatives, and flavorings, as they prioritize their health and well-being.Natural savory items such as herbs, spices, fruits, and vegetables are at the forefront of this trend, offering nutritional benefits, clean label appeal, and complexity to food products. Basil, thyme, and rosemary, among others, are not only valued for their aromatic qualities but also for their health-promoting properties like antioxidant activities.

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Furthermore, there’s a rising demand for savory alternatives to traditional salt-based flavorings due to growing awareness of the health risks associated with excessive sodium consumption. Umami-rich ingredients like seaweed-based spices, soy sauce, and yeast extracts are gaining popularity for their ability to enhance taste perception while reducing overall sodium levels in food products, catering to the needs of health-conscious consumers.

APAC region is projected to account for the largest savory ingredients market share

The rapid population growth, increasing urbanization rates, and growing disposable incomes in the region are fostering a burgeoning consumer base with evolving tastes and preferences. As urban lifestyles become more prevalent, there’s a rising demand for convenient and flavorful food options like savory snacks, ready-to-eat meals, and packaged goods infused with savory ingredients to elevate taste experiences.Asia Pacific’s rich cultural diversity and culinary heritage contribute to the high demand for savory ingredients. From the subtle flavors of East Asian cuisines to the bold and spicy profiles of Southeast Asian dishes, the region boasts a plethora of culinary traditions, flavors, and ingredients. This diversity sparks consumer curiosity and drives an increasing demand for a wide array of savory ingredients such as sauces, seasonings, and spices, essential for creating authentic and flavorful dishes.

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Moreover, the market for savory ingredients is evolving in Asia Pacific due to the growing popularity of international cuisines and the adoption of Western dietary habits. As global culinary trends influence consumer preferences, there’s a growing interest in Western-style entrees, snacks, and convenience foods, driving demand for savory ingredients used in these culinary creations. This presents lucrative opportunities for suppliers and manufacturers to introduce products tailored to regional tastes and preferences.

Top Savory Ingredients Companies

·       Kerry Group plc. (Ireland)

·       Ajinomoto Co., Inc. (Japan)

·       Givaudan (Switzerland)

·       Ingredion Incorporated. (Us)

·       Sensient Technologies Corporation (US)

·       Symrise (Germany)

·       Associated British Foods plc (UK)

·       ADM (US)

·       DSM (Netherlands)

By Ingredient Types Savory Ingredients Market is Classified as –

·       Yeast Extracts

·       Hydrolyzed Vegetable Proteins (HVPs)

·       Hydrolyzed Animal Proteins (HAPs)

·       Monosodium Glutamate

·       Nucleotides

Savory Ingredients Industry News

·       In January 2024, Ohly revealed ambitious modernization and expansion strategies for its production facilities, showcasing a strong dedication to sustainability and expansion. This strategic initiative not only boosts Ohly’s competitive edge but also establishes the company as a frontrunner in sustainable innovation within the savory ingredients sector.

·       In August 2023, Kerry Group plc completed the acquisition of Orchard Food for a sum exceeding $100 million, with the possibility of additional payments totaling up to $100 million over the next three years, subject to meeting predefined performance benchmarks. This purchase is in line with Kerry’s continued strategy to strengthen its foothold in China and enhance its standing in the worldwide savory taste markets.

·       In July 2021, Sensient Technologies Corporation announced the acquisition of Flavor Solutions, Inc., poised to substantially influence Sensient’s standing in the savory ingredients market. Through the integration of Flavor Solutions’ assets into its portfolio, Sensient is now positioned to provide an expanded array of flavors and flavor technologies to the food, beverage, and nutraceutical industries.

The post-harvest treatment market has become a crucial component in the global agricultural sector, addressing the significant challenge of reducing food waste and enhancing food security. The global post-harvest treatment market is experiencing significant growth, with its size estimated at USD 2.01 billion in 2022 and projected to reach USD 3.12 billion by 2028, growing at a CAGR of 7.6% during the study period. One of the driving forces behind this market expansion is the alarming rate of fruit and vegetable post-harvest losses, estimated to range between 30% and 40%. This loss not only impacts food availability but also represents a substantial economic setback. By implementing post-harvest treatments, we can extend the shelf life of fruits and vegetables, thereby reducing waste and enhancing market accessibility. 

How is consumer awareness influencing the market for organic and bio-based post-harvest products?

With the growing consumer demand for higher food quality, safety, and healthier diets, there's an increasing emphasis on the use of organic and environmentally friendly post-harvest treatments. Markets in North America, Europe, and the Asia-Pacific region are witnessing a surge in demand for organic fruits and vegetables. This trend has given rise to a new segment within the post-harvest treatment market—organic and bio-based products. Consumers are increasingly aware of the environmental impact of their purchasing choices and are leaning towards organic, chemical-free options. Governments and regulatory agencies are also imposing stricter regulations on the use of synthetic chemicals in agriculture, further propelling the industry to adopt natural alternatives. The development of organic and bio-based post-harvest treatments is an opportunity that aligns with these market dynamics and consumer preferences. 

Post-Harvest Treatment Market Growth Drivers 

  • Increasing Need to Reduce Post-Harvest Losses: Fruits and vegetables are vital dietary components globally but are highly perishable, making them prone to post-harvest losses due to physical damage, physiological changes, and microbial contamination. High metabolic rates and sensitivity to abiotic and biotic stressors further shorten their shelf life. Post-harvest treatments, including the use of coatings, controlled atmospheres, and preservatives, help to mitigate these losses, thereby improving food availability and reducing economic wastage.
  • Growing Demand for Organic and Bio-Based Treatments: The rising consumer demand for organic food products and healthier diets has led to a surge in demand for organic and bio-based post-harvest treatments. These treatments align with the growing preference for environmentally friendly and chemical-free solutions, driven by increased consumer awareness and stringent regulatory requirements. The development and adoption of natural alternatives in post-harvest treatments are gaining momentum, particularly in regions like North America, Europe, and the Asia-Pacific.

 Know about the assumptions considered for the study

Segment Insights: Fruits Leading the Market 

Fruits are forecasted to be the largest segment in the post-harvest treatment market during the research period. 

Given that fruits are often consumed raw and have a relatively short shelf life, they are more vulnerable to post-harvest losses. Additionally, the seasonal nature of fruit production necessitates methods to extend their availability, making post-harvest treatments essential for producers and merchants. 

Post-Harvest Treatment Market Companies: Inside Bayer AG and Syngenta's Growth Strategy in Industry 

  • Bayer AG: A major player in life sciences, Bayer offers a range of solutions through its Crop Science segment, including innovative crop protection products and digital solutions. In November 2021, Bayer partnered with Microsoft to develop cloud-based digital tools, enhancing sustainability and efficiency in agriculture.
  • Syngenta Crop Protection AG: A global leader with operations in over 90 countries, Syngenta focuses on improving agricultural productivity. In January 2022, they launched "Archive," a post-harvest fungicide designed for broad-spectrum disease control, expanding their product offerings in the market.

 By launching new products and forming strategic partnerships, these companies are shaping the future of post-harvest treatments, driving innovation, and promoting sustainability in agriculture.

 Regional Growth: Africa Post-Harvest Treatment Industry as a Key Market 

Africa is projected to be the fastest-growing region in the post-harvest treatment market during the study period. The continent’s rapidly growing population and increasing demand for food place significant pressure on local farmers. Improved market access, investment in post-harvest technologies, and enhanced storage and transportation infrastructure are contributing to the growth of the post-harvest treatment industry in Africa. As private sector companies continue to invest in this space, the region is expected to witness robust market development. The post-harvest treatment industry is poised for significant growth due to its ability to address crucial challenges related to food waste, market accessibility, and economic sustainability. By reducing post-harvest losses and extending the shelf life of fruits and vegetables, these treatments provide a pathway toward a more sustainable and profitable food supply chain. With growing interest in organic and bio-based treatments and increased investment in emerging markets like Africa, the future of the post-harvest treatment industry looks promising. 

Post-Harvest Treatment Industry Developments: Strategic Moves by Leading Players 

  • In May 2023, Janssen PMP (Belgium) partnered with Kitozyme, LLC. (Belgium). This collaboration intends to investigate and develop cutting-edge technology from Kitozyme, LLC (Belgium) for post-harvest application on fresh fruit, utilizing Janssen PMP's knowledge and resources in this space.
  • In January 2022, Syngenta Crop Protection AG (Switzerland) launched a new fungicide by the name Archive to control the diseases occurring during the post-harvest.
  • In January 2022, Hazel Technologies, Inc. (US) announced an expansion in Asia Pacific region. The company expanded their presence and started the product offering in countries like New Zealand and Singapore.

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The microencapsulation market size, valued at USD 15.38 billion in 2024, is projected to reach USD 24.07 billion by 2029, growing at a CAGR of 9.4% over the forecast period. With rising demand across pharmaceuticals, food, and personal care sectors, the market is transforming how products are designed and delivered for enhanced efficacy and consumer experience. 

Pharmaceutical Innovations: Enhanced Drug Delivery and Patient Compliance

 In the pharmaceutical industry, microencapsulation enables controlled drug delivery, allowing active ingredients to be released at specific times and locations within the body. This technology reduces potential side effects and improves patient adherence by enhancing treatment effectiveness. By encapsulating drugs in protective coatings, sensitive ingredients are shielded from degradation, preserving their potency until the moment they are needed within the body. 

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Functional Foods: Catering to Health-Conscious Consumers

 With health awareness on the rise, consumers are seeking more than just basic nutrition from their food. Functional foods fortified with essential nutrients like vitamins, minerals, and probiotics are gaining popularity, and microencapsulation plays a vital role in this trend. By protecting ingredients such as omega-3 fatty acids from oxidation, microencapsulation extends the shelf life of these functional foods, making them more accessible and reliable. One example of this trend is the launch of Humiome B2 by DSM-firmenich in May 2024, the first biotic vitamin that uses Microbiome Targeted Technology™ to deliver vitamin B2 directly to the colon. This approach enhances bioavailability and supports gut health, showcasing how microencapsulation can promote holistic wellness through targeted nutrient delivery. 

Asia Pacific: A Fast-Growing Market for Microencapsulation

 APAC microencapsulation market is expected to lead the global market growth from 2024 to 2029, driven by an increasing demand for fortified food and beverages in countries like China, India, and Japan. As health awareness rises, so does the demand for improved nutrient stability and bioavailability, making microencapsulation essential in regional food and beverage markets. Furthermore, the pharmaceutical and cosmetics industries are thriving in Asia Pacific, fueling the demand for controlled release formulations and enhancing regional market growth. Government incentives for local production, along with investments in innovation, are attracting major industry players to establish R&D and manufacturing facilities in the region. BASF SE, for example, expanded its Innovation Campus Shanghai in 2021, with a USD 296.8 million investment to drive research and collaboration, further advancing microencapsulation technologies. 

Dripping Technology: Revolutionizing Encapsulation

 The dripping method has gained momentum within the microencapsulation market due to its versatility in encapsulating a wide range of active ingredients, from flavors to nutrients and fragrances. This technique supports large-scale production and allows companies to meet demand in food, pharmaceutical, and personal care markets. Recent advancements in dripping technology include the development of biodegradable components, fostering sustainable practices. These innovations respond to consumer demand for eco-friendly products and drive growth in industries where sustainability and efficacy are paramount. The microencapsulation market growth is spurred by consumer demand for functional foods, innovative pharmaceutical applications, and personal care products. With advancements in encapsulation technologies like spray drying and coacervation, production has become more efficient and cost-effective, making microencapsulation accessible to a wider range of industries. As companies continue to innovate and expand into emerging markets, the microencapsulation industry is set to play a critical role in shaping the future of health-conscious and sustainable product development. 

Key Microencapsulation Leaders 

  • BASF (Germany)
  • FrieslandCampina (Netherlands)
  • DSM-firmenich (Switzerland)
  • Givaudan (Switzerland)
  • International Flavors & Fragrances Inc. (US)
  • Sensient Technologies Corporation (US)

 Microencapsulation Industry Trends 

  • Rise in Functional Foods: Demand for health-focused foods drives microencapsulation for vitamins and probiotics, enhancing stability and shelf life. 
  • Pharma Advancements: Controlled drug release and biodegradable polymers are boosting microencapsulation in pharmaceuticals for targeted delivery. 
  • Agricultural Applications: Precision agriculture benefits from encapsulated pesticides and fertilizers, offering controlled release and reduced environmental impact.
  •  Cosmetics Innovation: Microencapsulation in personal care products enables sustained release of fragrances and active ingredients, meeting consumer demand for longevity. 
  • New Materials & Nanocapsulation: Innovations in encapsulation materials and nanocapsulation techniques enhance absorption and stability, especially in food and pharma.  

According to MarketsandMarkets, the global drip irrigation market size is set to grow from USD 5.6 billion in 2024 to USD 8.6 billion by 2029, at an impressive CAGR of 9.0%. With growing awareness about water scarcity and the need for sustainable farming, farmers worldwide are embracing drip irrigation for its efficiency and long-term economic benefits. 

A Regional Leader: Asia Pacific Drip Irrigation Industry Takes the Lead 

Asia Pacific is set to dominate the drip irrigation market, driven by China and India. Both nations rely heavily on agriculture and are adopting modern irrigation to boost food security and tackle water scarcity. Government incentives promoting water-efficient practices are further accelerating adoption across the region. 

Drip Irrigation Market Growth Drivers and Opportunities

Economic Benefits 

  • Water & Fertilizer Efficiency: Direct application to roots reduces waste, conserving water and improving farm profitability.
  • Reduced Labor & Maintenance Costs: Automated irrigation systems minimize manual intervention.

 Precision Agriculture Synergy 

  • Real-time Monitoring: Sensors measure soil moisture, nutrients, and temperature, enabling precise irrigation.
  • Smart Control Systems: Automated schedules based on crop needs reduce risks of over- or under-irrigation, improving yields.

 Field Crops: A Major Market Segment Field crops like maize, soybeans, wheat, and cotton make up the largest drip irrigation market share. These crops demand significant water resources, making drip irrigation a critical solution to achieve higher productivity while conserving water. 

Surface Application: Leading the Way Surface drip systems are gaining popularity due to: 

  • Ease of Installation & Maintenance: Ideal for smallholder farms.
  • Cost-effectiveness: Reduces evaporation and runoff, maximizing water use.

 Inline Emitters: A Rapidly Growing Trend Inline emitters are projected to grow at the highest rate, thanks to: 

  • Uniform Water Distribution: Consistent plant growth with fewer maintenance issues.
  • Application Flexibility: Suitable for orchards, vineyards, row crops, and greenhouses.

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Drip irrigation systems are paving the way for a greener future, helping farmers improve productivity while conserving water and cutting operational costs. As the world faces increasing climate challenges, the adoption of efficient irrigation technologies will play a crucial role in sustainable agriculture. 

Top Drip Irrigation Companies to Watch in 2024 and Beyond 

  • The Toro Company (US)
  • Jain Irrigation Systems Ltd. (India)
  • HUNTERS INDUSTRIES INC. (US)
  • Mahindra EPC Irrigation Limited (India)
  • Rain Bird Corporation (US)
  • Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China)
  • Elgo Irrigation Ltd. (Isarel)
  • Shanghai Irrist Corp., Ltd. (China)
  • Antelco (Australia)
  • Microjet Irrigation Systems (South Africa)

 Why are Farmers Switching to Drip Irrigation? 

  • Lower Costs: Drip systems minimize water use and labor costs, delivering water directly to the plant roots.
  • Improved Productivity: Optimized water and nutrient delivery enhances crop yields and quality.
  • Energy Savings: Less pumping compared to traditional irrigation reduces energy costs and carbon footprints.
  • Precision Agriculture Integration: Advanced technologies like anti-clogging emitters and automated systems further improve reliability.

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Agrochemicals are chemical products used in agriculture to enhance crop yield and protect crops from pests, diseases, and weeds. They include fertilizers, pesticides (such as herbicides, insecticides, and fungicides), plant growth regulators, adjuvants, and others. The primary goal of agrochemicals is to improve the productivity and quality of crops. 

Agrochemicals Market Growth Drivers 

  • Increasing Food Demand: With a growing global population, there is a rising demand for food production, driving the need for agrochemicals to enhance crop yield.
  • Technological Advancements: Innovations in agrochemical formulations and delivery methods, such as controlled-release fertilizers and bio-based pesticides, are contributing to market growth.
  • Government Support: Many governments worldwide support agricultural practices and provide subsidies for agrochemical use to ensure food security.
  • Rising Awareness of Crop Protection: Increased awareness of the benefits of using pesticides and fertilizers to protect crops from diseases and pests.

 Agrochemicals Market Analysis 

The agrochemicals market has been growing steadily due to the rising demand for food, population growth, and the need for higher agricultural productivity. The agrochemicals market has been influenced by some of the macroeconomic and microeconomic factors occurring in some of the key countries around the globe. This would prove potential enough to drive the market significantly in terms of value sales during the forecast period. The agrochemicals market size is estimated to be valued at USD 235.2 billion in 2023. It is projected to reach USD 282.2 billion by 2028, recording a CAGR of 3.7% during the forecast period. With the rise in demand and preference for organic food products, agrochemical manufacturers have been strategizing to develop organic farm-friendly natural plant growth promoters. These products are supervised and certified by regulatory bodies, such as the US Department of Agriculture (USDA) and the European Food Safety Authority, among others, in respective regions. 

How do the principles of the 4Rs (right source, right rate, right time, right place) enhance the integration of agrochemicals in precision farming? 

Various precision agriculture tools help farmers assess and manage the nutrient requirements of their crops. These tools include the 4Rs principle—right source, right rate, right time, and right place—along with soil sensors, variable rate prescriptions, yield maps, decision support software, soil mapping, multispectral imaging, auto-guidance systems, and leaf color charts. Precision farming also integrates data analytics, artificial intelligence (AI), and sensor systems to accurately determine the specific amounts of fertilizer and water needed by crops at any given moment. Autonomous vehicles are then used to apply these nutrients in precise quantities and locations. 

Know about the assumptions considered for the study 

While applying fertilizers is essential for enhancing soil productivity, excessive use can severely harm soil health. To address this, researchers at Imperial College London developed a predictive testing kit in 2022. This kit enables farmers to measure current levels of ammonia and nitrate in the soil and predict future levels based on climatic conditions. This innovation allows for more customized and efficient fertilizer application, tailored to the specific needs of each soil type and crop. 

Global Quest for Higher Crop Yields Accelerates Agrochemicals Market Expansion 

Ongoing advancements in agricultural technology have transformed farming practices. As agricultural commodities are increasingly exported and imported across diverse regions, particularly in developing areas, new harmful organisms have emerged, heightening the demand for innovative active ingredients to protect crops. The globalization of the agrochemical industry has a significant impact on the crop protection markets in Asia. With the highest population growth rate, rising food production needs, and robust economic development, there is a growing demand for various agrochemicals, including herbicides and pesticides. 

Cereals & Grains Hold a Significant Agrochemicals Market Share 

The consumption of cereals and grains is essential to meet the dietary needs of an expanding global population. To keep up with this increasing demand, it is necessary to boost the yield of cereals and grains. The use of agrochemicals plays a significant role in achieving this by enhancing crop productivity. According to FAO reports, global cereal utilization is expected to rise in 2023/24 compared to previous years, with higher global cereal stocks projected by 2024. This indicates a stable supply of cereals to satisfy demand. The rising demand for cereals underscores the need to improve agricultural productivity, which may drive increased use of agrochemicals to maximize yields and meet global food requirements.

 Innovative Breakthroughs: What’s New in the Global Agrochemicals Market? 

  • In August 2023, Bayer AG invested USD 231.3 million in the construction and development of a new R&D facility at its Monheim site. This was the largest single financial investment in crop protection made in Germany within the past forty years. The R&D facility was meant to accommodate some 200 employees. Bayer was well on the way to developing the next generation of safe and sustainable crop protection products, with a number of advanced safety measures, including early safety screens and artificial intelligence.
  • In April 2024, UPL announced the completion of the acquisition of Corteva Agriscience's global Mancozeb fungicide business ex-China, Japan, South Korea, the UK, Switzerland, and the countries in the EU. Mancozeb is a highly effective fungicide used for preventing plant diseases across various crops and was part of the acquired business.
  • ADAMA announced the launch of Avastel, Maganic, Maxentis, and Forapro fungicides in April 2024. This expansion broadened ADAMA's product portfolio.

 Agrochemicals Industry Trends 

  • Bio-based Agrochemicals: There is a growing trend towards organic farming and sustainable agricultural practices, leading to increased demand for bio-based agrochemicals.
  • Precision Agriculture: The adoption of precision farming techniques is boosting the demand for efficient and targeted agrochemical application.
  • Integrated Pest Management (IPM): IPM strategies are gaining popularity as they combine biological, mechanical, and chemical methods to control pests, reducing the excessive use of chemical pesticides.
  • Digital Agriculture: The use of digital tools and platforms for monitoring and managing crops and agrochemical usage is an emerging trend.

 South America's Agrochemical Market Set to Reach USD 73.2 Billion: The Role of Brazil and Argentina Growth in South America is largely driven by Brazil and Argentina, two of the world's leading agricultural producers, whose expansion is expected to surpass the regional average. Both countries are major soybean producers, making significant contributions to global oilseed production. Favorable trade policies in South America have further supported the growth of oilseeds. According to FAOSTAT's 2022 report, Brazil ranks among the top four largest agricultural producers due to its vast land and labor resources, with Argentina following closely. The region's growth is also fueled by increased adoption of agrochemicals and advancements in farming techniques, supported by global agrochemical companies establishing robust distribution networks in Brazil and Argentina. 

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Precision Swine Farming (PSF) is an innovative approach that leverages technology and data analysis to optimize pig farming practices. Here are some key aspects of this field: 

  • Data-Driven Decision Making: PSF utilizes data from sensors, cameras, and other technologies to monitor the health and performance of pigs. This data helps farmers make informed decisions regarding feeding, breeding, and health management.
  • Health Monitoring: Wearable devices and smart sensors track the vital signs and behaviors of pigs, enabling early detection of diseases and stress. This proactive approach improves animal welfare and reduces mortality rates.
  • Feeding Optimization: Precision feeding systems analyze individual pig needs and adjust feed formulations accordingly. This not only enhances growth rates but also minimizes waste and feed costs.
  • Environment Control: Technologies like climate control systems ensure optimal living conditions for pigs, reducing the risk of heat stress and improving overall productivity.
  • Breeding Efficiency: Genetic data analysis can help farmers select the best breeding pairs, leading to healthier and more productive offspring.

 Precision Swine Farming Market Analysis The Precision Swine Farming (PSF) market is rapidly evolving, driven by advancements in technology and the increasing demand for efficient and sustainable pork production. The precision swine farming market size is projected to reach USD 711 million by 2028 from USD 418 million by 2023, at a CAGR of 11.2% during the forecast period in terms of value. The market for precision swine farming by software offering is experiencing growth due to the need for efficient data management and analysis in managing large number of pigs as there has been surge in demand for pork products. 

Precision Swine Farming Industry Growth Drivers 

  • Technological Advancements: Innovations in sensors, IoT devices, data analytics, and automation are enhancing farm management efficiency.
  • Rising Demand for Pork: Increased global consumption of pork is driving the need for more efficient farming practices to meet demand.
  • Focus on Animal Welfare: Growing awareness of animal welfare is prompting farmers to adopt technologies that monitor health and well-being.

 How Will Swine Health Monitoring Transform Early Disease Detection in Precision Swine Farming? 

Swine health monitoring and early disease detection are crucial practices for preventing the spread of diseases like African swine fever and Porcine Epidemic Diarrhea. By regularly observing swine and utilizing technologies like sensors and machine learning algorithms, farmers can detect potential health issues early on and take prompt action to prevent the spread of disease. This not only minimizes economic losses but also improves the overall health and productivity of the swine population. Swine health monitoring & early disease detection application is expected to witness significant growth in the forecast period due to their importance in the swine farming industry. As such, it is essential for farmers to prioritize these practices to ensure the health and wellbeing of their swine and prevent the devastating effects of disease outbreaks. 

Precision Swine Farming Market Trends 

  • Sustainability Focus: There is a strong push towards sustainable farming practices, which is driving the adoption of precision farming technologies.
  • Integration of AI and Machine Learning: These technologies are increasingly being used to enhance predictive analytics and improve decision-making in swine farming.
  • Government Initiatives: Various governments are promoting the use of advanced farming technologies through subsidies and support programs.

Exploring Europe's Dominance in the Precision Swine Farming Industry

European precision swine farming market holds the largest share of industry due to several factors, including a shortage of labor and an aging population, as well as a growing focus on sustainable pork production and an increasing demand for efficiency and productivity in swine farming. In response to the labor shortage and aging population, European farmers have been investing in precision farming technologies, which help to increase efficiency and productivity while reducing the need for manual labor. Additionally, the focus on sustainable pork production has driven the adoption of precision swine farming practices, as these technologies enable better resource management, waste reduction, and animal welfare. Furthermore, the increasing demand for efficiency and production has further contributed to Europe's dominance in the precision swine farming market. Precision farming technologies allow for real-time monitoring and timely interventions, leading to improved growth rates and profitability. 

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How is the push for sustainable meat production influencing the Precision Swine Farming landscape in the Asia Pacific? 

The Asia Pacific region comprises China, Japan, South Korea, Australia, and the Rest of Asia Pacific, which includes countries like Vietnam, Thailand, Indonesia, and the Philippines. This region is anticipated to experience significant growth in the precision swine farming market during the forecast period, driven by several factors. These include a large population, increasing demand for high-quality pork, and evolving dietary preferences. China, as one of the world's largest pork producers, is seeing a rising demand for safe, healthy, and sustainably produced meat. Meanwhile, Japan faces challenges such as land scarcity and an aging population of livestock farmers, prompting the need for more efficient and technologically advanced farming methods. Additionally, South Korea is experiencing a growing appetite for premium pork, and as a major importer, the country is actively seeking ways to mitigate associated risks. Together, these elements make the Asia Pacific region a highly attractive and lucrative market for precision swine farming. 

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 Top Precision Swine Farming Companies  

  • Nedap N.V. (Netherlands)
  • CTB, Inc. (US)
  • Merck & Co., Inc. (US)
  • Boehringer Ingelheim Animal Health USA Inc. (US)
  • Guangzhou Yingzi Technology Co, Ltd. (China)
  • Hotraco (Netherlands)
  • VDL Agrotech BV (Netherlands)
  • AcuShot Needle Free (Canada)
  • Pulse NeedleFree Systems (US)

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The Plant growth regulators market is experiencing significant growth due to the increasing demand for food production, sustainable agriculture practices, and advanced crop management techniques. PGRs are chemicals that influence the growth and differentiation of plant tissues, effectively acting as plant hormones. They are widely used in agriculture, horticulture, and floriculture to enhance crop yield, improve quality, and optimize resource utilization. 

Plant Growth Regulators Industry Analysis 

The global plant growth regulators market is anticipated to grow from USD 3.3 billion in 2024 to USD 4.6 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is driven by the rising demand for high-value crops, which is boosting the use of natural PGRs in agriculture. Additionally, the increasing focus on sustainable agricultural practices and the expansion of organic farming are key factors contributing to market growth. The shift in dietary preferences and the emphasis on sustainable farming methods are also fueling the adoption of plant growth regulators. These trends underscore the growing importance of PGRs in modern agriculture, supporting their expanding market presence. 

Key Plant Growth Regulators Market Growth 

Drivers

Growing Global Population and Food Demand: With the global population continuously rising, there is an increasing need for food production. PGRs help in enhancing crop productivity and ensuring food security by promoting faster growth, improving fruit size, and enhancing stress resistance. 

Shift Towards Sustainable Agriculture: Farmers and agricultural businesses are increasingly adopting sustainable practices to reduce environmental impact. PGRs, which can help reduce water use and improve nutrient uptake, align well with this shift towards sustainable farming. 

Know about the assumptions considered for the study

Technological Advancements in Agriculture: The integration of PGRs with modern agricultural technologies such as precision farming and vertical farming is driving market growth. These advancements help optimize the use of PGRs, making them more effective and reducing wastage. Increasing Horticulture and Floriculture Practices: The growing popularity of horticulture and floriculture in both developed and developing countries is fueling the demand for PGRs. These practices require specialized growth regulators to control plant growth, flowering, and fruiting, which enhances product quality. 

How does the agricultural industry in the Asia-Pacific region contribute to the growth of the plant growth regulators industry? 

The plant growth regulators industry is expanding in the Asia-Pacific region due to several key factors. Firstly, the region is home to a major agricultural industry, with a significant share of the world’s agricultural output coming from Asia-Pacific countries. To meet the rising food demand driven by population growth and evolving dietary preferences, these countries are focused on boosting agricultural productivity, creating a growing demand for effective solutions like plant growth regulators. Additionally, the region is experiencing rapid technological advancements and a greater adoption of modern agricultural practices, including the use of plant growth regulators to maximize crop yields and enhance quality. 

Maximizing Crop Yields: The Role of Plant Growth Regulators in Sustainable Agriculture 

The expansion of crop production relies heavily on resource availability and climatic conditions. Limited arable land and resources like labor, inputs, and irrigation, compounded by unpredictable weather patterns, directly impact global production goals. According to the Organisation for Economic Cooperation and Development (OECD), there’s a projected limited increase in the area for coarse grains by 2023, but significant growth is anticipated in crop yields, especially for wheat, oilseeds, and sugarcane. Plant growth regulators offer benefits by enhancing crop health, unlike traditional fertilizers that may disrupt soil balance and cause toxicity. An uptick in oilseed crop and sugarcane production is expected due to rising demands in food, feed, and fuel industries. The OECD-FAO Agricultural Outlook 2020-2029 forecasts a growth in global soybean oilseed production from 367 metric tons in 2021 to an estimated 406 metric tons in 2029. This expansion is fueled by increased demand for protein meals, notably in China, potentially improving farmers’ economic conditions with appropriate government support. 

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BASF SE’s Global Reach: Leveraging 234 Production Sites to Serve Diverse Industries 

BASF SE Group operates globally with 234 production sites, including six Verbund sites, and relies on approximately 112,000 employees worldwide. Its operations encompass diverse segments such as Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. Offering a wide array of system solutions and services, BASF SE caters to industries ranging from chemicals, automotive, and building to agriculture, oil, plastics, electrical, electronics, furniture, and paper. Within its Agricultural Solutions division, BASF SE specializes in providing plant growth regulators. These products target the hormonal system of plants, adjusting the proportions of various plant hormones to facilitate advantageous growth. With a focus on enhancing crop health and yield, BASF SE’s plant growth regulators business segment is involved in researching, developing, manufacturing, and marketing these products. In August 2022, BASF SE launched a new production facility in Singapore, investing USD 38.04 million, aimed at providing farmers in the Asia Pacific region with cutting-edge crop protection solutions. This endeavour is expected to broaden BASF SE’s consumer base for its agricultural offerings, including plant growth regulators, thereby facilitating business expansion in the region. 

Insights from the Plant Growth Regulators Industry Report 

  • Key Industry Leaders: What are the major plant growth regulators companies?
  • Which region is expected to hold the highest plant growth regulators market share?
  • What are the key technology prevailing in the plant growth regulators market trend?

 What factors are expected to propel the fruits and vegetables segment to the forefront of growth within the plant growth regulators market? 

The global demand for fruits and vegetables is rising, driven by factors such as population growth, urbanization, and increasing health consciousness among consumers. To keep up with this demand, farmers are turning to advanced agricultural practices, including the use of plant growth regulators, to boost yield, improve quality, and extend the shelf life of their produce. At the same time, consumers are becoming more selective, seeking fruits and vegetables that are not only abundant but also of high quality, free of blemishes, and longer-lasting. PGRs are essential in meeting these expectations by regulating plant growth, enhancing fruit set, improving color development, and delaying the aging process. The fruits and vegetables segment includes a wide variety of crops, from fragile berries to robust root vegetables, each with unique growth requirements and challenges.

The global gluten-free products market is growing rapidly. By 2024, it is projected to reach a value of USD 7.70 billion, with expectations to soar to USD 11.48 billion by 2029, reflecting a CAGR of 8.3%. Rising diagnoses of gluten sensitivities, coupled with the increasing popularity of gluten-free diets among non-celiac consumers, are driving this robust market expansion. The gluten-free products market has seen remarkable growth in the past decade, spurred by increasing awareness of celiac disease, gluten intolerance, and the overall health benefits of gluten-free diets. This market encompasses a wide array of products, including bakery goods, snacks, pasta, ready meals, and beverages—all formulated without gluten, a protein found in wheat, barley, and rye. 

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Key Factors Fueling Gluten-free Industry Growth 

In January 2022, Nature Reviews Gastroenterology & Hepatology reported that celiac disease affects about 1% of the global population, with a gluten-free diet being essential for managing this condition. A 2020 study by the American College of Gastroenterology also noted a rise in celiac disease cases, especially among women and children, further fueling demand for gluten-free products. In addition to diagnosed cases, a growing number of individuals self-diagnose gluten sensitivities, contributing to the market’s growth. Health-conscious consumers and first-degree relatives of celiac patients often adopt gluten-free diets, even without formal testing, expanding the market further. Bakery Products: A Dominant Segment Bakery products hold the largest gluten-free market share, thanks to their essential role in daily diets. Gluten-free alternatives like bread, cakes, and cookies have evolved to offer healthier options with improved taste, texture, and nutritional value. These products, often made with alternative flours, whole grains, and seeds, attract health-conscious consumers seeking nutritious gluten-free choices. Available in fresh, frozen, and packaged forms, gluten-free bakery goods continue to drive market expansion due to their convenience and broad consumer acceptance. 

The Role of Microencapsulation Technology in Reducing Artificial Preservatives 

Microencapsulation technology is playing a pivotal role in extending the shelf life of gluten-free products by protecting sensitive ingredients like gluten-free flours from oxidation and moisture. This innovative technique helps maintain freshness, reduces the need for artificial preservatives, and aligns with the growing demand for clean-label products. By offering extended shelf life and enhancing product stability, microencapsulation helps reduce waste, improve distribution efficiency, and expand market reach. This technology provides a competitive edge for manufacturers in the rapidly growing gluten-free market. The gluten-free products market is thriving due to increasing consumer awareness, expanding product offerings, and innovations that cater to health-conscious, gluten-sensitive, and celiac consumers. 

Gluten-free Products Leaders: Inside Kraft Heinz, General Mills, and Conagra’s Innovations Kraft Heinz Company (US)
Kraft Heinz, formed from the merger of Kraft Foods and H.J. Heinz in 2015, is a global leader in food and beverage. The company offers a diverse portfolio across condiments, dairy, frozen foods, and meats, with gluten-free products spanning these categories. In 2023, 34% of its revenue came from its “taste elevation” platform, highlighting its focus on flavor innovation. 

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Conagra Brands, Inc. (US)
Conagra Brands, headquartered in Chicago, specializes in processed and packaged foods through segments like Grocery & Snacks and Frozen. Iconic gluten-free brands include Birds Eye, Healthy Choice, and Gardein. The company focuses on renovating its brands for sustainable growth, primarily in the U.S. market. 

General Mills, Inc. (US)
General Mills, based in Minneapolis, is a global leader in consumer foods with products ranging from cereals to snacks and pet food. With a focus on gluten-free offerings, General Mills addresses growing consumer demand through its North America Retail, International, and Foodservice segments. 

Driving Forces Behind Europe’s Gluten-free Market Surge 

Europe is expected to see significant growth in the gluten-free products market due to rising health consciousness and evolving dietary preferences. This surge in demand is driven by consumers with gluten intolerance and those seeking healthier alternatives. Leading companies like Barilla G. e R. F.lli S.p.A. (Italy), Raisio Oyj (Finland), Dr. Schär AG / SPA (Italy), and Alara Wholefoods (UK) are continuously investing in product innovation and increasing production capacity to meet growing demand. For example, in June 2020, Raisio Oyj invested USD 9.46 million in a new heating plant at its Nokia oat mill, which processes gluten-free oats under brands like Elovena and Nalle. This facility uses by-products as fuel, advancing Raisio’s sustainability goals while boosting production efficiency, reinforcing Europe’s dominance in the gluten-free sector.

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