Seed Coating Materials Market : Size, Share, Growth, and Forecast (2022-2030) | MRFR

 

Market Overview

According to a Comprehensive Research Report by Market Research Future (MRFR), “Seed Coating Materials Market Information by Type, Crop Type, and Region- Forecast till 2030”, the market is estimated to acquire a size of over USD 3.9 Billion by the end of 2030. The report further predicts the market to thrive at a healthy CAGR of over 7.85% during the review timeframe.

Market Synopsis

The procedure of seed coating, also referred to as seed treatment or seed dressing, involves coating seeds physically with nutrients, repellents, and crop protection chemicals to improve the performance of the seed. The seed is shielded from germs by this process. The handling and delivery of protectants, symbiotic microbes, soil adjuvants, germination boosters, growth regulators, and colors are improved by artificial seed coating. Using these coatings on seeds, chemical insecticides, and fertilizers may be used less frequently in agriculture. Seed coating leads to accelerated growth and a more timely and cost-effective crop supply. As a result of the material’s high yield per hectare, low seeding rate, and multicomponent product, the seed coating industry has expanded globally. Additionally, expanding agriculture in developing nations helps the market as a whole.

The emergence of sustainable farming methods has increased consumer demand for these goods. It is anticipated that the emergence of new flower species and decorative variants would further increase consumer demand. Seed coating promotes a crop’s quick multiplication and timely, cost-effective supply. It is highly important for seeds to remain resistant to unfavorable environmental conditions to generate good quality yield in a shorter time since the physiological, chemical, and biological features of plants’ seeds affect their entire performance. The need for food is rising quickly in response to the growing world population, and crop growers worldwide are using various crop protection methods and crop growth-promoting practices to meet this demand.

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Market Competitive Landscape:

The notable companies in the seed coating material market are:

• BASF SE (Germany)
• Chromatech Inc. (US)
• Keystone Aniline Corporation (US)
• Precision Laboratories Inc. (US)
• Brett-Young Seeds Ltd. (Canada)
• Element Solutions Inc (US)
• Incotec Group BV (Netherlands)
• Clariant International AG (Switzerland)
• Bayer (Germany)
• Germains Seed Technology, Inc. (US)
• Croda International Plc. (UK)

Market U.S.P. Covered:

Market Drivers:

Because they perform better than uncoated seeds, coated seeds are becoming increasingly popular in the world’s agriculture sector. Rising demand for high-value commercial crops is expected to fuel market expansion in the ensuing years, along with an increase in the number of market participants in the seed treatment sector. These factors will likely cause the seed coating materials market to expand significantly over the forecast period. The industry is anticipated to experience significant expansion due to the rapidly expanding agricultural and related industries. The market need is also increased by using hybrid and genetically modified crops and cutting-edge farming methods. The farming industry offers profitable opportunities for market expansion despite low investment costs.

Increased attention to sustainable agriculture by governments worldwide has a huge positive impact on growth. The market is growing due to growing awareness of using seeds for commercial purposes, which raises the value of seed coating materials. Increasing government and environmental agency activities to promote agriculture in developing nations are anticipated to fuel market growth over the forecast period. The adoption of genetically modified crops, the expanding popularity of hybrid types, the introduction of modern farming techniques into traditional communities, and other factors drive the market. In addition to promoting new farming techniques, sustainable farming is promoted in many developing nations.

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Market Restraints:

The global market will be driven by the lack of knowledge among farmers in underdeveloped countries about the advantages of coated seeds and the growing commercialization and acceptability of genetically modified seeds. The progress is further constrained by the challenge of covering the seed uniformly and material waste incurred during handling and shipping.

COVID 19 Analysis

The COVID-19 pandemic disturbed the seed coating material sector, which was still in its infancy, just like it would have on any other industry. Lockdowns caused R&D to stop, supply chains to break down, and delayed the rollout of newly created commercial items to market. As a result, the sector encountered numerous difficulties during the pandemic.

Market Segmentation

By Type

The polymers segment will head market growth in the forecast period.

By Crop Type

The cereals & Grains segment will head market growth in the forecast period.

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Regional Insights

Due to widespread knowledge of the advantages of seed coating in key crop-producing economies like the United States and Canada, North America is anticipated to hold the top spot in terms of market share in the global market for seed coating materials over the course of the forecast period. The presence of major market participants in North America is anticipated to further drive the seed coating materials market growth in the area. In terms of revenue, North America and Europe command the highest market shares. There is a rising demand for cereals, pulses, oilseeds, and pulses, mostly used in North America and Europe’s food and feed industry.

The US import and export cereals and oilseeds have benefited from advantageous price support regimes. Coated seeds have seen a growth in sales and income in the North American and European markets because using seed coverings is a risk-hedging strategy and a secure investment. Due to the rising use of crop protection goods and technologies in nations like China and India, where agriculture is widely practiced, the market for seed coating materials in the Asia-Pacific region is predicted to grow quicker in the coming years. The market for seed coating materials in Asia is anticipated to grow at a high rate due to rising concerns about food security brought on by the ongoing population rise.

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Poultry Feed Market Size, Share, growth and forecast to 2022-2030.

 

Market Insights

Poultry is a common and highly popular source of lean protein, as such the demand for poultry has increased considerably, and with it the demand for poultry feed. Market Research Future’s study on the global poultry feed market has revealed expected growth over a forecast period of 2022 to 2030.

The report includes an impact assessment of various factors affecting the market and also reveals a number of important figures relevant to the global poultry feed market size for the assessment period.

Poultry Feed Market Size is Estimated to Reach to USD 218 Billion by 2030 at 6.4% CAGR By 2022–2030, Due to Increase in demand for poultry meat products

The rapid growth in global population appears to be unceasing, and this, combined with urbanization, and an increase in disposable income has placed a high demand for poultry. Increased poultry farming activities to meet the soaring demand for lean protein has significantly contributed to the growth of the global poultry feed market. Moreover, growing health consciousness, and the recognized health benefits of lean protein due to a high obesity rate and other chronic diseases, is expected to promote demand for poultry. Emerging economies have rising disposable income due to rapid urbanization, thus driving the demand for poultry. Moreover, these countries are increasingly becoming aware of the nutritional benefits of lean protein, and are adopting poultry into their diets, this increasing demand for poultry feed indirectly.

Trends in the market are changing; however, due to the increasing vegan population, market growth is restricted. Moreover, with increasing awareness regarding animal husbandry activities, consumers are wary of purchasing poultry from large production farms as they are often pumped with growth hormones and other ingredients that may present long-term ill-effects from consumption. This has, in turn, encouraged market players to research and develop affordable natural poultry feed options and shift toward more ethical poultry raising activities in an effort to retain and increase consumer base, thus presenting market opportunity.

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Market Segmentation

The global poultry feed market is segmented in MRFR’s report on the basis of source, form, type, and region. Sources of poultry feed have been segmented into vegetable proteins, animal proteins, coarse grains, micro-ingredients, and others.

Forms of poultry feed have been segmented into pellets, crumbles, mash, scratch grain, and others.

Types of poultry feed are segmented on the basis of the types of poultry which include layers, broilers, and dual purpose.

Regional Analysis

North America was observed to represent the largest share of the global poultry market due to the high consumption of poultry by a large meat-eating population. Chicken and other poultry such as turkey are widely consumed in various forms such as processed and fresh meats. The region has a concentration of leading market players which have contributed to the regions significant market position. Europe and Asia Pacific are other key markets in the global poultry feed market. Asia Pacific is a rapidly growing market due to the rising disposable income in rapidly urbanizing and emerging markets such as India and China. India for instance, is a large consumer of chicken in terms of meat among other types of meat, thus driving the demand of poultry which in turn increased the demand for poultry feed.

Key Players

Several important players participating in the global poultry feed market have been profiled in MRFR’s report. These players include Kemi Industries, Novozymes, Chr. Hansen, Alltech, Cargill, BASF SE, Archer Daniels Midland Company, and Evonik Industries. Their growth strategies and Poultry feed market shares have been included in the report.

Latest Industry News

· Georgia Tech’s startup accelerator program has supported the growth of Grubbly Farms, which is a startup for chicken feed created from pre-consumer food waste for the production of sustainable poultry feed via the use of insects.

Adisseo has partnered with the Agricultural department of the University of Arkansas for the research regarding animal nutrition in the poultry industry.

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Compound Feed Market Size Anticipated to reach at a USD 767.12 Billion by 2032

 

Global Compound Feed Market Overview

compound feed market size was valued at USD 500.9 Billion in 2022. The compound feed industry is projected to grow from USD 525.19 Billion in 2023 to USD 767.12 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.85% during the forecast period (2023–2032).

Growth Drivers and Key Restraints

The global compound feed market will be observing a brisk growth pattern in the coming years, on account of the increase in animal-based food product consumption across the globe. The evolving customer dietary habits about meat and dairy products quality is set to contribute massively to the compound feed market growth from 2022 to 2030.

Moreover, there are numerous advantages associated with compound feed, including high meat product quality, cost-effective nutrition enhancement as well as food nutritional quality. Plus, it helps improve the feed quality which benefits animal’s health substantially.

Apart from this, the surging animal-based food consumption around the world in the recent past is expected to augment the demand for the industry. Not just this but the ever-rising demand for dairy products will also result in tremendous industry growth in the years to come. With the growing meat consumption observed around the world, the compound feed industry will note massive demand for better quality meat. Also, the livestock diseases outbreak in the past couple of years will prompt various meat and dairy product vendors to make use of the product as well as additives for livestock quality along with health assurance. However, the fluctuating prices of raw materials like barley and wheat could leave a negative impact on the growth of the market. On the plus side, rapid industrialization coupled with enhanced processed meat equipment, there will be a striking surge in meat production. This factor will most likely shape the positive outlook for the compound feed market soon.

Market Opportunities

Rising Popularity of Organic Feed

Organic feed refers to a type of feed which is produced using the methods that have been outlined as per the standards of organic farming. Simply put, organic means that the ingredients in the feed cannot be genetically modified, cannot be fertilized with chemical fertilizers or treated with fungicides, pesticides, and insecticides.

Thus, owing to these reasons, there has been a sharp rise in the popularity of organic feed, which has given way to growing trend of vertical integration (contract farming), leaving a major impact on the compound feed market growth at a global level. Moreover, growing expenditure for advertising organic feed products is expected to assist the industries in creating opportunities, thereby expanding the market share for compound feed market.

Market Segmentation

For compound feed market outlook is segmented based on ingredients, supplements, and livestock.

Ingredient-wise, the market is considered for cereals, cereal by-products, oilseed meal, oils, molasses, supplements, and others. Among these, cereals accounted for roughly 37.44% market share in 2020, with it expected to register a CAGR of 3.48% and reach the valuation of USD 195.9 million by 2030. The primary reason behind the strong growth of the segment can be the abundance of raw materials like corn and sorghum that are required for producing cereals. Furthermore, oilseed meals accounted for almost 28.32% of the market share in 2017, with the expected growth at a CAGR of 4.45% and attaining the valuation of USD 156.7 million by 2030. Various studies being conducted that promote the use of oilseed meals on account of the presence of glucosinolate will help the segment grow at a rapid pace. As oilseed meals have been found to eliminate cancer cells, the demand will most likely surge among farmers in the coming years. In addition, in 2020, supplements held approximately 13.28% share, and will depict the highest CAGR of 4.71%, whilst reaching the valuation of close to USD 74.6 million by 2030. The strong growth trajectory is the outcome of the steady inclusion of compound feeds in livestock diet that improve their overall well-being.

The compound feed market, supplement-wise, is fragmented into vitamins, antibiotics, antioxidants, amino acids, enzymes, acidifiers, and others. Out of these, amino acids accounted for close to 23.91% of the total share in 2020, trailed by antioxidants (16.83%), and acidifiers (11.83%). Amino acids will be exhibiting a growth rate of 5.31%, garnering close to USD 18.5 billion by 2030. Growing preference for protein-based foods is leading to the striking growth of the segment. However, enzymes will showcase the second-highest CAGR of 5%, accruing close USD 8.4 billion by the end of the forecast period. Growing awareness about the benefits of enzymes such as ease in digestion as well as well-being of animals will help in facilitating the growth of the segment in the near future. whereas, antioxidants have the potential of depicting a CAGR of 4.25%, set to reach the valuation of USD 12.2 billion by 2030.

Based on the livestock, the market caters to ruminants, aquaculture, poultry, swine, and others. Out of all these, poultry governed a substantial share of 39.01% in 2020, with swine just behind holding 24.17% of the total share. Also, poultry will exhibit a CAGR of 4.15% during the review period, with the predictions of it garnering almost USD 212.2 billion by 2030. But it is the segment of aquaculture that will be surging at the highest CAGR of 4.38% and will be estimated at USD 65.7 billion by 2030.

Regional Analysis

The regional analysis of the global compound feed market has been done in South America, Europe, North America, Asia Pacific (APAC), as well as the Rest-of-the-World (RoW).

The report states that APAC accounted for approximately 38.69% share in 2020, with Europe behind it accruing 24.98% of the share, North America (21.34%), South America (11.78%), and at last, RoW with 3.21% of the total market share.

The compound feed market in North America will showcase a lucrative growth pattern at a growth rate of 3.80%. The regional market will be attaining the valuation of close to USD 113.8 million by 2030, as a result of the presence of a number of feed mills in the United States (U.S.) and Mexico. Plus, the surging demand for seafood paired with the high requirement for compound feeds that cater to the diets of broilers will benefit the market to a large extent.

The Europe market is set to register a CAGR of 4.07% and will be worth the value of USD 135.2 million by 2030 among all the regions. Countries like Spain, France, Russia and Germany are backing up the lavish growth of the region, owing to the presence of top compound feed producers. Additionally, the growing use of supplements for livestock farming will give a significant push to the growth of the regional compound feed market.

Asia Pacific, on the other hand, will clock in a CAGR of 4.21%, with the estimated value to be around USD 211.2 million by 2030. The region notes a high rate of meat consumption, which will most likely give way to the rise in demand for compound feeds. Moreover, the growing focus on swine and fish production will turn the regional market into a profitable venture in the forthcoming years.

Lastly, South America is touted to be a strong contender, exhibiting a CAGR of 3.88% and on its way to achieve the valuation of USD 63.1 million by 2030. Whereas, RoW will be registering a CAGR of 3.26% CAGR and will be estimated at USD 16.6 million by 2030.

Top Vendors

The top vendors in the global compound feed market are United Animal Health Inc. (U.S.), Land ‘O Lakes Inc. (U.S.), Nutreco NV (The Netherlands), Weston Milling Animal Nutrition (Australia), COFCO (China), Neovia Group (France), Feedone Co., Ltd. (Japan), Cargill Inc. (U.S.), New Hope Group (China), Charoen Pokphand Foods PCL (Thailand), ForFarmers NV (The Netherlands), Archer Daniels Midland (ADM) Company (U.S.), PT Japfa Comfeed Indonesia Tk (Indonesia), among others.

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Industry Update

March 2020 — Paris-based Ÿnsect, an agtech startup, has developed a type of protein by breeding various insects, followed by their transformation into premium protein for pet food, organic plant fertilizers as well as fish feed. The company will be building the world’s largest insect farm in Amiens Metropole, Northern France, in addition to the expansion in international markets, targeting the North American market.

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Soil Stabilization Market research : Industry Trends, Analysis, Types, Growth, Opportunity and Forecast 2023-2032

 

Market Scope

The soil stabilization market research can expect to attain a growth rate of 4.58% between 2023 and 2032, confirms Market Research Future (MRFR). The market will be touching USD 30.3 Billion by 2032. Soil stabilization involves the alteration of soil properties to improve its load-bearing capacity, durability, and resistance to environmental conditions. This process finds applications in various sectors, including transportation (roads, highways, airports), construction (residential, commercial, industrial), and environmental projects. The market scope encompasses a wide array of stabilization techniques, ranging from traditional methods like mechanical stabilization to modern innovations like chemical additives and geosynthetics.

Drivers and Restraints

Drivers:

Infrastructure Development: The increasing need for well-constructed and durable infrastructure has propelled the demand for soil stabilization techniques. As urbanization continues, the demand for roads, bridges, and other structures necessitates strong foundations that can withstand heavy loads.

Environmental Concerns: Sustainable construction practices are gaining traction due to environmental concerns. Soil stabilization techniques can help reduce the need for raw materials, lower energy consumption, and minimize the environmental impact of construction projects.

Cost Efficiency: Soil stabilization can lead to cost savings by enabling the use of local, lower-quality soils instead of importing expensive construction materials. This cost efficiency is especially important in large-scale projects.

Enhanced Soil Properties: Stabilization can improve soil properties such as bearing capacity, shear strength, and permeability. This is crucial for areas prone to erosion, landslides, or poor soil quality.

Restraints:

Technical Expertise: Implementing soil stabilization techniques requires skilled professionals with expertise in geotechnical engineering and material science. A shortage of such experts can pose a challenge to market growth.

Regulatory Challenges: Different regions have varying regulations and standards for soil stabilization methods. Adapting to these regulations can be a hindrance, especially for multinational projects.

Initial Costs: While soil stabilization techniques can lead to long-term cost savings, the initial investment required can be higher than traditional construction methods. This may deter some potential clients.

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Segmentation

The soil stabilization market can be segmented based on various factors, including technique, method, additive type, application, and region.

Techniques: Mechanical stabilization, chemical stabilization, thermal stabilization, and electrochemical stabilization.

Method: In-situ stabilization and ex-situ stabilization.

Additive Type: Polymers, minerals & stabilizers, chemical admixtures, and others.

Application: Roads, industrial construction, commercial construction, military installations, and others.

Regional Analysis

The soil stabilization market exhibits regional variations influenced by factors such as economic development, infrastructure investment, and government policies.

North America: High infrastructure expenditure and demand for sustainable construction practices drive the market growth in this region.

Europe: Stricter environmental regulations and emphasis on sustainable practices have led to the adoption of advanced soil stabilization techniques.

Asia-Pacific: Rapid urbanization and increasing infrastructural projects in countries like China and India contribute to the market expansion.

Middle East & Africa: Growing construction and transportation sectors in the region fuel the demand for soil stabilization solutions.

Latin America: Infrastructure development initiatives are boosting the market in this region, especially in countries like Brazil and Mexico.

Industry News

Recent developments in the soil stabilization market overview include innovative research on bio-based additives, the integration of technology for real-time monitoring of stabilization processes, and the exploration of sustainable practices in soil improvement.

Key Players

Several key players contribute to the growth and innovation in the soil stabilization market:

Caterpillar Inc., AB Volvo, Wirtgen Group, Fayat Group, Carmeuse, Graymont Limited, Soilworks, AggreBind Inc., Lhoist Group, Aditya Birla Group

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Soil Conditioners Market by Size, Share, Trends - Forecast to 2030 | MRFR.

 

Soil Conditioners Market Overview:

Soil conditioners can be described as both organic or inorganic materials necessary for the betterment of the physical properties of the soil. These conditioners are known for their aeration capacity of the soil, which is also creating a significant scope for the market to plan its expansion. The global market for soil conditioners is showing immense potential in deciding how much the market can expand in the coming years. This would be based on the trends that the market is going to set in the coming years.

Soil Conditioners Market size is predictable to register 9.43% CAGR from 2022 to 2030, Global Soil Conditioners Market Report categorizes the Global Market by Type, by End-Use and Region | Soil Conditioners Industry

The market growth would also gain traction from increasing commercialization of the entire industry. Modernization of the agriculture has created significant scope for the market to plan out its percolation process. This is also getting triggered by growing investment in the research and development sector. High investment influx in research and development sector can also inspire better growth market in the coming days. In fact, the support this sector is receiving from the government is also expected to make sure that the market gains better traction. However, the cost of these soil conditioners is quite high owing to which the market can witness significant reduction in the growth rate.

Segmentation:

The global market report for soil conditioners can be segmented by crop type, type, and solubility. This segmentation further carries information related to factors that can influence the global market in the coming years.

By type, the market report for the global soil conditioners can be segmented into natural and synthetic. The natural segment, with growing demand for organic products, can witness a significant hike.

By solubility, the market for the global soil conditioners is expected to include water-soluble and hydrogels. Both these segments can register significant market growth.

By crop type, the global report on the soil conditioners can be segmented into fruits & vegetables, oilseeds & pulses, cereals & grains, and others.

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Regional Analysis:

The market report in a segmental analysis covers the demographic challenges of North America in detail and has revealed that the demand for soil conditioners is expected to grow in the coming years with the intake of various modernization process in the farming practices. The region is also going to benefit from the increasing awareness regarding various practices. In Europe, the market would gain better growth. The regional industry would follow the trails of North America and this growth would gain traction from countries like the UK, France, Germany, and others. The Asia Pacific market is expected to make sure that the growth becomes the fastest in the coming years. This is also expected to make profit from several agrarian economies. The commercialization of the entire agricultural industry is also expected to provide traction to the global market in the coming days.

Competitive Landscape:

A number of companies are showing possibilities in triggering a holistic market growth and these companies can significantly push the boundaries wider by implementing new strategies. These companies are BASF SE (Germany), Syngenta AG (Switzerland), Novozymes A/S (Denmark), The DOW Chemical Company (US), Adeka Corporation (Japan), Croda International PLC (UK), Clariant International AG (Switzerland), Vantage Specialty Chemicals, Inc. (US), Eastman Chemical Company (US), Evonik Industries AG (Germany), Akzo Nobel N.V (Netherlands), Solvay S.A. (Belgium), Lambent Corp. (US), TIMAC AGRO International (France), Loveland Products, Inc (Canada), and others.

Terragen a company known for its soil conditioners market share and other probiotic products have announced that they are taking initiatives to raise USD 20 million for their various research projects.

Key Players are:

· BASF SE (Germany)

· Syngenta AG (Switzerland)

· Novozymes A/S (Denmark)

· The DOW Chemical Company (US)

· Adeka Corporation (Japan)

· Croda International PLC (UK)

· Clariant International AG (Switzerland)

· Vantage Specialty Chemicals, Inc. (US)

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Crop Protection Chemicals Market Global Industry Analysis and Growth Prospects (2023-2030)

 

Crop Protection Chemicals Market Overview

Crop Protection Chemicals Market Size was valued at USD 95.82 billion by 2030,exhibiting a compound annual growth rate (CAGR) of 5.0% during the forecast period (2023–2030). Crop protection chemicals are used to safeguard the crops from conditions that pose potential damage to the growth of the crops. Crop protection chemicals have become an integral part of the agricultural practices. Without them, many crops would suffer dramatic losses. The most used crop protection chemicals include herbicides, fungicides, insecticides, and others. Each one has a distinct function such as herbicides kill or inhibit the growth of unwanted plants, insecticides kill arthropod pests, whereas fungicides destroy or prevent the growth of pathogenic fungi.

Market Forecast

Crop protection chemicals market help in improving agricultural productivity by killing unwanted herbs and weeds in the plantation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the crop protection chemicals market. Moreover, limited availability of cultivable land and the pressure to increase farm productivity is boosting the demand for crop protection chemicals.

Growing acceptance of modern farming is adding fuel to the growth of crop protection chemicals market. Owing to the demand for improving the efficiency of crop protection chemicals, major players are investing in research and development which is further boosting the growth of global crop protection chemicals market. However, hazards associated with synthetic crop protection chemicals have led to several stringent regulations on the use of crop protection chemicals which may hamper the growth of crop protection chemicals market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 4.9% of crop protection chemicals market during the forecast period 2023–2030.

Downstream analysis

Crop protection chemicals market is segmented on the basis of a type such as herbicides, fungicides, insecticides, and others. Among them, the herbicides segment is dominating the market. The high utility of herbicides for destroying various herbs and unwanted weeds to minimize the crop loss is driving the growth of this segment. However, the fungicides segment is projected to grow substantially over the forecast period followed by insecticides segment.

Based on the formulation, the crop protection chemicals market outlook is segmented into emulsifiable concentrates, wettable powder, soluble powder, suspension concentrate, capsule suspensions, and others. Among all, the suspension concentrate is projected to grow substantially over the forecast period owing to reduced or no use of hazardous solvents and improved stability.

On the basis of the method of application, the crop protection chemicals market is segmented into foliar, soil treatment, seed treatment, and others. The foliar applied crop protection chemicals are dominating the market and are expected to grow substantially over the forecast period.

Based on the application of crop protection chemicals, the market is segmented into oilseeds & pulses, cereals & grains, fruits & vegetables, and others. Among all, the fruits and vegetables segment is dominating the market. However, the cereals and grains segment is expected to witness substantial growth over the forecast period.

Competitive analysis

The major players in the Crop protection chemicals market

· BASF SE (Germany)

· The Dow Chemical Company (U.S.)

· Monsanto Company (U.S.)

· FMC Corporation (U.S.)

· Bayer AG (Germany)

· Agrium Inc (Canada)

· Syngenta AG (Switzerland)

Regional Analysis

The global Crop protection chemicals market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to witness substantial growth over the estimated period. India and China which are two of the largest countries in terms of population are majorly contributing to the growth of crop protection chemicals in this region.

In North America, the U.S. is the major contributor to crop protection chemicals. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restrain the market growth in these regions. Bio based crop protection chemicals are expected to offer huge growth opportunity in North America and Europe. For rest of the world, South America is projected to witness high growth owing to increasing demand for crops in this region.

Market Segmentation

Crop protection chemicals market is segmented on the basis of type, formulation, method of application, application, and region.

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How Agricultural Fumigants Can Protect Crops and Food

 

Agricultural Fumigants Market Overview

Agricultural Fumigants Market Size was valued at USD 1.95 billion in 2022. The agricultural fumigants market industry is projected to grow from USD 2.0 Billion in 2023 to USD 2.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.40% during the forecast period (2023–2032).

Increasing crop damages due to transportation and increasing side-effects on crops are the key Agricultural Fumigants market drivers enhancing the market growth. Agricultural fumigants play a crucial role in modern farming practices by effectively managing pests, diseases, and weeds. These chemical compounds are used to sterilize soil, control nematodes, eliminate pathogens, and ensure healthy crop growth. This article explores the importance, types, application methods, benefits, and safety considerations associated with agricultural fumigants.

The increasing focus to reduce post-harvest losses of crops is expected to be one of the significant factors that can boost the agricultural fumigants market 2023. The surging requirement to enhance the crop productivity is expected to augment the agricultural fumigants industry in the assessment period. The rise in food demand of the expanding populace is anticipated to act as a significant catalyst that can support the market expansion. Furthermore, the growing need for effective techniques in the modern farming is expected to fuel the agricultural fumigants market growth.

On the flip side, the toxicity associated with the product is projected to hamper the market growth during the review period. However, growing crop losses during the transportation, along with aforementioned factors can counter the impeding factor that can augment the market.

Market Segmentation

The market segmentation of the global agricultural fumigants market is done by types, application, and form.

The types-based segments of the global agricultural fumigants market are methyl bromide, phosphine, chloropicrin, 1, 3-Dichloropropene, metam sodium, and others. Among all segments, the methyl bromide market is expected to acquire the most significant market share during the assessment period. However, the environmental damage caused due to the usage of methyl bromide can bring a negative impact on the market.

The application-based segments of the global agricultural fumigants market are warehouse and soil. Among all, the warehouse segment is likely to dominate the market during the review period.

The form-based segments of the global agricultural fumigants market are liquid, solid, and gas. Among all segments, the liquid fumigants segment is anticipated to dominate the market during the forecast period. On the other hand, the gaseous agricultural fumigant segment is expected to expand at the fastest rate due to its ability to reach insects in stored places.

Regional Analysis

Based on the region, the global agricultural fumigants market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

According to the analysis conducted by MRFR, North America is anticipated to dominate the global market during the review period owing to the growing adoption of modern farming techniques. The U.S. and Canada are likely to acquire significant market value during the review period.

Europe is anticipated to witness moderate market growth during the forecast period. The region is projected to expand owing to the growing awareness in the coming period. The U.K. is likely to acquire significant market value in the assessment period.

The APAC region is expected to be the fastest-growing market during the review period owing to the presence of emerging countries like India and China. The growing engagement of people in farming is expected to be a crucial factor that can drive the regional market in the coming period. In addition, the application of fumigants in India and other evolving countries is gaining prominence owing to its benefits, which can create various opportunities for market expansion during the review period.

The Middle East region is anticipated to acquire the last position owing to the presence of underdeveloped economies during the forecast period.

Key Players

Prominent players of the global agricultural fumigants market are The Dow Chemical Company (U.S.), BASF SE (Germany), Nufarm Limited (Australia), ADAMA Agricultural Solution Ltd (Israel), FMC Corporation (U.S.), Reddick Fumigants, LLC (U.S.), and Syngenta AG (Switzerland).

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Feed Additives Market: Driven by the Rising Demand for Animal Protein

 

Feed Additives Market Overview:

The recent COVID-19 impact has been analysed as well to understand what would hinder the growth rate. Among factors, the global market can benefit from the rising preference for organic products, growing preference for a better quality of food, surging health awareness, hike in disposable incomes, and others can guarantee growth.

The global organic Feed Additives Market Trend Anticipated to Grow at a USD 49.62 Billion -2030, With CAGR Of 7.20% By 2023–2030. Market Research Future (MRFR) provides details on factors that can play a prominent role in taking the global market ahead.

Regional Analysis:

North America is the flag-bearer for the market and it is expected to lead the market due to its standard measures for quality and better market demand for products. Asia Pacific is slated to be the fastest-growing market during the forecast period as several developing countries are tilting towards this market.

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Competitive Landscape:

Cargill, Incorporated (US), Evonik Industries AG (Germany), Archer Daniels Midland Company (US), Bluestar Adisseo (France), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), Nutreco (Netherlands), BASF SE (Germany), Invivo NSA (France), and Kemin (US) are making significant changes to ensure the market stays on the growth track in the coming years. These companies develop strategic moves to boost their market presence. Mergers, acquisitions, branding, the launching of innovative products, hike in funds for the research and development projects, collaborations, and others are reliable methods these players often use to move forward. MRFR enlisted its recent strategic changes to understand trends and market proceedings.

Segmentation:

The global market for organic feed additives has been analyzed by MRFR experts on the basis of type, livestock, and form. These segments have inputs regarding factors and they are backed by numbers and figures to make the claims more reliable.

By type, the global report on the organic feed additives market report has been segmented on the basis of vitamins, minerals, amino acids, antioxidants, acidifiers, flavors & sweeteners, pre & probiotics, and others.

By livestock, the global study on the organic feed additives market includes aquaculture, swine, poultry, ruminants, and others. The aquaculture and poultry segment are making substantial progress due to their huge demand in the food industry.

By form, the global report containing details of the organic feed additives market has been segmented into dry and liquid. The dry segment is getting traction for its convenience in transportation and use.

Industry News:

In June 2020, Innovad, a prominent name in the industry as a global supplier of animal health and nutrition solutions, announced that they had acquired Eco Treasures. The latter is known for being an innovative company with a specialization in the extraction of natural raw materials and diverse eco-friendly processes. This acquisition provides thrust to Innovad as a brand as it helps the company in living up to its commitment to turning sustainable. The step also secures Innovad’s position in the world as the only company, with organic procedures and functional feed additives, to have all the needed processes and competence under one roof to deliver sustainable solutions.

A COVID-19 analysis of the organic feed additives market reveals various disruptions in logistics, productions, applications by end users and others. These have prompted a slackening in the pace of market growth. However, the recent announcements made by governments regarding the lifting of lockdowns are expected to usher in good news for the market.

Related Reports:

NPK Fertilizers Market Research Report Information By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), By Mode of Application (Fertigation, Foliar, and Others), By Form (Dry and Liquid), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) — Market Forecast Till 2030

Farm Implements Market Research Report Information By Type (Cultivators, Seed Drills, Threshers, Shredders, Sprayers, and Others), By Application (Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) — Market Forecast Till 2030

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Biopesticides Market: Growth, Trends, and Forecasts (2023-2030)

 

Global Biopesticides Market Overview

Biopesticides Market Size was valued at USD 5.5 billion in 2022. The Biopesticides market industry is projected to grow from USD 6.2 Billion in 2023 to USD 13.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.3% during the forecast period (2023–2030).

Biopesticides include naturally occurring substances that control pests, microorganisms that control pests, and pesticidal substances produced by plants containing added genetic material. Biopesticides products usually fight their intended pests while chemicals end up affecting non-target species, which include other insects, birds, and mammals. Moreover, biopesticides are usually inherently less toxic than conventional pesticides, which is driving the growth of the market. The most common types of biopesticides include bioherbicide, bioinsecticide, bio fungicide, and others.

Biopesticides generally affect only the target pest and closely related organisms, which is a driving factor for the growth of biopesticides market. Increasing population and growing demand for food have led to high agricultural productivity, which is driving the growth of the biopesticides market. Moreover, limited availability of cultivable land is boosting the demand for biopesticides to increase farm productivity.

Growing acceptance of modern farming techniques is adding fuel to the growth of biopesticides market. To improve the efficiency of biopesticides, major players are investing in research and development, which is further adding fuel to the growth of the global biopesticides market. However, high cost and low availability of biopesticides may hamper the growth of the market over the review period. Nevertheless, all these factors are Report.

Segment Analysis

Biopesticides market is segmented based on a type such as bioherbicide, bioinsecticide, bio fungicide, and others. Among all, bioinsecticide is expected to grow at the fastest rate based on its convenience to use and easy application.

Based on the form, biopesticides market is segmented into dry, liquid and others. The liquid formulation is gaining popularity as compared to other forms.

Based on the application, biopesticides market is segmented into foliar spray, seed treatment, soil treatment, and others. Foliar-applied biopesticides are expected to grow substantially over the forecast period. However, soil treatment is projected to gain a moderate growth over the estimated period.

Based on the crop, the biopesticides market is segmented into cereals & grains, fruits & vegetables, oilseeds, and others. Among all, cereals & grains are dominating the market. However, fruits and vegetables are expected to witness a substantial growth over the forecast period.

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Competitive analysis

The major players in the Biopesticides market

• Bayer Crop Science AG (Germany)
• DuPont (U.S.)
• BASF SE (Germany)
• Monsanto Company (U.S.)
• Syngenta (Switzerland)
• Novozymes Biologicals (Denmark)
• Certis USA LLC (U.S.)

Regional Analysis

The global biopesticides market outlook is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is leading the biopesticides market. Growing demand for organic products in the U.S. and product innovations by the key players in this region is majorly driving the growth of the biopesticides in this region.

Europe is expected to be the second largest biopesticides market. Germany and the U.K are the major contributors to the growth of this region. The Asia Pacific is the fastest growing region in the market. Growing awareness in developing countries is boosting the growth of biopesticides in this region. India, China, and Australia are the major contributors to the growth of the region. South America is likely to experience a moderate growth in the rest of the world market.

Market Segmentation

Biopesticides market is segmented based on type, form, application, crop, and region.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
 In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Animal Parasiticides Market Size is Anticipated to Reach USD 14 Billion by 2030 at 7% CAGR

 

Animal Parasiticides Market Overview

The global animal parasiticides market is expected to register a CAGR of 7% from 2022 to 2030 and reach USD 14 billion by the end of 2030

Animal parasiticides are used to restrict parasitic attacks on livestock, which helps in boosting immunity and overall health of animals. Additionally, animal parasiticides market is observing an exponential growth based on the high usage in the feed industry. Animal parasiticides are available in three different forms and they are which include ectoparasiticides, end parasiticides, and endectocides.

Market Forecast

Animal parasiticides are one of the sources used for improving livestock health. Growing demand for animal-derived food products and growth in the awareness about animal transmitted diseases enables the global animal parasiticides market for growth during the forecast period. Additionally, increased consumer focus on improving animal health is boosting the market growth. Additionally, government regulations to support the use of parasites in animal medicinal formulations, in Europe, North America, and few regions of Asia Pacific has been projected to boost the animal parasiticides market growth.

Moreover, in North America, increasing awareness of animal protein and inclination of consumer preference towards meat consumption are driving the growth of the market. Owing to the increased consumer awareness and availability of latest technology equipment, North America is expected to dominate the animal parasiticides market. However, lack of consumer awareness regarding animal parasiticides and increasing number of new entrants in the industry are considered to be the major challenges to this market. Nevertheless, all these factors have been projected to lead to the estimated CAGR of 7.0% of animal parasiticides market during the forecast period, 2023–2030.

Segmnet analysis

Animal parasiticides are segmented on the basis of type, which includes ectoparasiticides, endoparasiticides, and endectocides. Among all, the endoparasiticides segment is dominating the market owing to its ease of usage and effectiveness.

Animal parasiticides are segmented on the basis of species, which includes poultry, swine, sheep & goats, cattle, and others. Among all, cattle segment is dominating the market, followed by poultry. The foremost reason for this growth is increased consumption for animal source protein.

The major players in animal parasiticides market

• Eli Lilly and Company Limited (U.K)
• Boehringer Ingelheim GmbH (Germany)
• Bayer Aktiengesellschaft (Germany)
• Merck & Co., Inc. (U.S.)
• Zoetis Inc. (U.S)
• Sanofi (France)
• Virbac Corporation (U.S.)
• Ceva Sante Animale S.A. (France)
• Vetoquinol SA (France)
• Perrigo Company plc (Ireland)

Regional Analysis

The global animal parasiticides market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global animal parasiticides market due to increasing consumption of animal parasiticides from the increasing livestock diseases, and demand for enhanced animal medicinal products. Additionally, the major key players are actively involved in research & developments to develop products conforming to North American regulations for animal parasiticides.

Furthermore, in Asia Pacific region, India, China, and Japan accounts for a major market share owing to increasing demand for animal feed to meet up the increasing demand from the consumers.

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Market Segmentation

Animal parasiticides market is segmented on the basis of type, species, and region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
 In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

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99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Sales: +1 628 258 0071(US) +44 2035 002 764(UK)

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