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Cage Free Eggs Market | Growth Worth is CAGR of about 5.7% | Application | Insight | Forecast to 2023

Market Definition:

Cage-free eggs or free-range eggs are produced from poultry that is permitted access to the outdoors. The report published by Market Research Future (MRFR) states that the global cage-free eggs market is anticipated to exhibit noteworthy expansion at a CAGR of 5.8% during the forecast period of 2017-2023.

Cage-free eggs hold various health-promoting attributes such as high content of omega-3 fatty acid, which makes it a better choice for consumption that promotes good heart health. Moreover, high demand from the consumers has encouraged manufacturers to switch to cage-free eggs trade over conventional caged eggs.

Market Drivers and Restraints:

Increasing consumer demand for eggs with comparatively bigger size and higher nutritive value and increasing preference of cage-free poultry farming in order to maintain the health of poultry are leading to the notable growth of the global cage-free eggs market. Increasing awareness regarding the health benefits of cage-free eggs over conventional eggs as they have high omega-3 content and are beneficial in controlling cholesterol levels is also propelling the growth of the global cage-free eggs market. Implementation of strict regulatory framework by the government in various regions regarding the norms of cage-free poultry is also contributing to the growth of the global cage-free eggs market. However, controversies regarding the benefits of cage-free environment to the poultry and the yield are restraining the expansion of the global cage-free eggs market during the assessment period.

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Key Players:

The prime players profiled by MRFR that are operating in the global cage-free eggs market are Cal-Maine Foods, Inc. (the U.S.), Midwest Poultry Services, L.P. (the U.S.), Eggland’s Best, LLC. (the U.S.), Weaver Brothers, Inc. (the U.S.), Herbruck Poultry Ranch, Inc. (the U.S.), Kuramochi Sangyo Co., Ltd. (Japan), and Lakes Freerange Egg Co., Ltd. (the U.K.).
Industry Updates:

In January 2019, the governor of Michigan has vetoed SB 600, the bill for cage-free eggs, which had called for a delay in proposing cage-free hen standards from 2020 to 2025.

In December 2018, it has been announced that the researchers from Starkville, Mississippi are preparing for the transition in egg production process with a new cage-free facility that has been opened earlier in the same month.

Segmental Analysis:

The global cage-free eggs market has been segmented on the basis of egg color, egg size, and distribution channel. Based on egg color, the cage-free eggs market has been segmented into white and brown. The white segment is projecting dominance over the global cage-free eggs market owing to its low cost and large-scale production of these eggs as they require short maturation time. Whereas, the brown colored eggs are experiencing high demand from consumers owing to the presence of higher amount of omega-3 fatty acids which aids in maintaining body cholesterol level. Based on egg size, the global cage-free eggs market has been segmented into small, medium, large, and others. The large segment is projecting dominance over the global cage-free eggs market owing to the higher consumer preference. Based on distribution channel, the global cage-free eggs market has been segmented into store-based and non-store based. The store-based segment commands the major share of the global cage-free eggs market owing to the consumer preference for one-stop shopping experience.

Regional Analysis:

Geographically, the global cage-free eggs market has been segmented into four major regions such as North America, Asia Pacific (APAC), Europe, and the rest of the world. The Europe region is projecting dominance over the global cage-free eggs market owing to the higher consumption of cage-free eggs for their bigger size and brighter yolks. Stringent government regulations for poultry farming and increased sensitivity towards the health of poultry are also propelling the growth of the cage-free eggs market in this region. Proliferation in the initiatives taken by government to promote cage-free poultry farming and growing awareness regarding the higher nutritive value of cage-free eggs are fueling the growth of the cage-free eggs market in the Asia Pacific region. High demand for cage-free eggs and increased inclusion of eggs in the daily diet along with different food preparations are inducing high demand for cage-free eggs, leading to the expansion of the cage-free eggs market in the North America region.

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Compound Feed Market: Regional Analysis and Business Opportunity and Global Scope by Forecast 2019 to 2023

Market Definition:

The global compound feed market is expected to grow at a CAGR of 4.1% during the forecast period, 2019-2023. However, the high cost of processing and raw materials may hamper the compound feed market over the review period. The market players are responding to these new opportunities by expanding their product lines, which has boosted the share of the compound feed in the global market.

Market Scenario and Key Restraints:

Increasing demand for high nutrition animal feed products is driving the growth of the compound feed market. Furthermore, advance processing methods & technologies, and high opportunities in developing countries are positively supporting the growth of the market. With the growing consumer awareness regarding livestock health, growing concerns about animal nutrition and their healthy eating habits, the demand for compound feed has increased to a greater extent.

They are used for improving the feed quality and animal health by reducing livestock diseases. The major types of compound feed include starter, grower, and finisher feed. Compound feed market is observing an exponential growth based on its high usage in the feed industry. They offer additional nutrients such as minerals, antioxidants, amino acids, and vitamins to the animal feed.

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Key Players:

Some of the key players profiled in the global compound feed market: Archer-Daniels-Midland Company (U.S.), Farmers Group, Inc. (U.S.), Cargill Inc. (U.S.), Land O’Lakes, Inc. (U.S.), New Hope Group Co., Ltd. (China), Kent Nutrition Group, Inc. (U.S.), Nutreco N.V. (the Netherlands), Guangdong Haid Group Co., Ltd. (China), Feedone Co., Ltd. (Japan), and JD Heiskell & Co Inc. (U.S.)

Key Findings:

The demand for compound feed is high from poultry and livestock holders

Asia Pacific region is found to be an emerging market for compound feed

Jun 2019, Biomin has launched its innovative, next-generation phytogenic feed additive, Digestarom DC, to the Indian feed and livestock.

Regional Analysis:

The global compound feed market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the compound feed market followed by North America owing to rising population followed by increasing consumption of poultry and meat products in the developing regions. Moreover, China is the major producer & consumer of poultry and meat products, which, in turn, is driving the market of compound feed in the Asia Pacific region.

The U.S. dominates the North American compound feed market. Rising demand for poultry products in the North American region is likely to boost the compound feed market over the forecast period.

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Industrial Starches Market: Regional Analysis and Business Opportunity and Global Scope by Forecast 2019 to 2022

Market Definition:

Industrial Starch is an essential ingredient both for the food and non-food industry. For starch production, raw materials constitute around 60 percent of the total cost incurred.  Also, with the advancement of technology, starch manufacturing units have adopted a full set of modern technology, facilitating cost effective production. Various by products were disposed of traditionally, but now as the manufacturers know the value of these by product, they are now processed and used as valuable raw material in various application. There has been huge demand of starch in production of bio-degradable plastic. Industrial players rely on starch to produce bio-degradable plastic as this plastic can be easily degraded by enzymatic & chemical processes and the end product can be used as compost, and hence used as fertilizers.

Due to the increasing demand and wide application of industrial starches in various end-user industries, industrial starch market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Industrial Starch Market Research Report- Forecast to 2022 that the Industrial Starch market will demonstrate an exceptional CAGR.

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Market Scenario and Key Restraints: 

The burgeoning demand for High Fructose Corn Syrups (HFCS) in the category of food and beverages is anticipated to be pivotal to the rising demand for corn starch-based sweeteners in the near future. In the food industry, starches are used as a thickener, gelling agent, or as a stabilizer to manufacture snacks, meat products, fruit juices and other food products. Starches as well as its derivatives are extensively used in food formulation and the beverage industry as it is a valuable raw material to modify food texture and consistency. With changing dietary patterns, growing consumer health awareness and increasing demand of functional food and beverages, has encouraged the use of industrial starches in preparation of healthy, nutritional, and functional products. These factors supports the development of products such as frozen, chilled, low-fat, and gluten-free foods, where starch can be used as the main or co-ingredient.

Whereas, the non-food applications of starch include corrugation & paper making, pharmaceutical, textile, cosmetics, animal feed and other non-food applications. After food industry, the corrugation & paper making industry is the largest consumer of starch. The increasing cost of cellulose pulp has encouraged the paper producers to make a rational choice and look at lower cost fillers. These fillers often require special modified starches to bind them to the pulp. Along with the use of starches in the paper and textile industries, it is also finds its application in biofuel and bioethanol market. There is increasing interest in some starchy crops in the production of biofuel and bioethanol production. Other non-food applications include mining & drilling, construction & building, adhesive, and chemical industries.

Competitive Dashboard:

The industrial starch market is competitive with major market players operating at the global level. Most of the companies operating in this market are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality. With manufacturers aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points from both supply and demand side. T

Starch industry is fragmented, for instance, the Chinese corn starch industry is highly fragmented with 14 leading corn-processing companies accounting for about 50% of China’s total corn processing capacity. The industry is likely to consolidate into fewer, larger companies through mergers, acquisitions and closures of small outmoded plants. ADM’s net sales from starches and sweeteners segment increased by 15.4% to USD 48.9 billion in 2011 from 2010 due to improved US demand from industrial starches. But the operating profit from sweeteners and starches segment decreased from USD 320 to USD 209 million due to increased corn/raw material prices.

The leading market players in the Global Industrial Starch market primarily are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France),

Latest Industry Updates

January 2019, Ingredion Incorporated launched 9 additions to Non-GMO Project certification. The starches product line offers extensive variety of development tolerance and stability in various applications such as dressings, sauces, ready meals, yogurts and dairy desserts.

November 2016, Cargill invested € 35 million in order to expand its sweeteners production unit in Europe

2015, Ingredion completed the acquisition of Penford Corporation

2014, ADM built a sweetener and soluble-fiber manufacturing complex at Tianjin port, China. The Chinese sweetener facility became fully operational in 2015.

Market Segments:

The Global Industrial Starch Market has been divided into type, form, application, and region.

On The Basis Of Type: Sweeteners, Modified Starch and Native Starch

On The Basis Of Form: Powder, Liquid, and Gel

On The Basis Of Application: Food & Beverages (Confectionery, Processed food, Beverages, and Others) and Non-Food (Corrugation & Paper making, Pharmaceuticals, Textile, Personal Care, and Others)

 On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Regional Analysis:

The global industrial starches market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global industrial starches market is highly dominated by North America followed by Asia Pacific. The expansion of production facilities in the emerging economies such as India and China, coupled with increasing demand for the food, paper, and textile sectors is expected to drive the growth in Asia-Pacific region. The textile sector in China, Malaysia, and India further boost the growing domestic consumption coupled with favorable government regulations attracting investments and strengthening the market. European starch industry is also expected to generate high revenue owing to the robust manufacturing base of the food processing industry coupled with the growing demand in Germany. Also, huge demand for modified starch-based products from the convenience and packaged food sector would accelerate the growth of starches, thereby resulting in the improvement of margins of the food processing industry over the past couple of years.

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Savory Snacks has increased its sales having 5.5% CAGR forecast 2023

Market Definition and Key Restraints:

Savory snacks are produced using various raw materials including vegetables, fruits, tree nuts, grains, vegetable oils and seasonings. Most popular form of savory snacks include corn chips/ tortillas, puffed and baked snacks, savory biscuits and others.

Mounting growth rate of savory snacks including savory chips in the developing countries, is increasing the demand the product across the region. Shift in consumers’ food consumption trend is also anticipated to attract the consumers towards the range available in savory snacks. Moreover, convenience packed food products created a demand for improved savory snacks product line, which has positively impacted the market growth of savory snacks.

Growth in the “on-the-go” convenience market has fueled the demand for savory snacks market on a global platform. Increased demand for savory snacks from the Asia Pacific region is anticipated to support the rising sales of savory snacks, globally.

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Furthermore, focus on the R&D and investments in the same have led to new product launch in the range, which has further added to the growth of this market. Additionally, improvement in the production process and development of improved products from the major key players is supporting the growth of the global savory snacks market during the forecast period, 2017-2023.

Key Players:

Some of the key players profiled in the global savory snacks market are PepsiCo (U.S.), Kraft Foods Group, Inc. (U.S.), ConAgra Foods, Inc. (U.S.), CALBEE, Inc. (Japan), Diamond Foods, Inc. (U.S.), and General Mills, Inc. (U.S.). Intersnack Group GmbH & Co. KG (Germany), Lorenz Bahlsen Snack-World Group (Germany), Kellogg Company (U.S.), and Orkla ASA (Norway) are among others

Intended Audience:

  • Savory Snacks Manufacturers
  • Confectionery Manufacturers
  • Convenience Food Manufacturers
  • Retailers and Wholesalers
  • Traders, importers, and exporters

Key Findings:

  • North America region is experiencing a high demand for savory snacks as a potential “on-the-go” convenience food product.
  • Jan 2018, in order to generate high revenue from the savory snacks segment, Barnana launched its new organic ridged plantain chips and entered into the salty snacks market.

Segments:

The global Savory Snacks Market is segmented on the basis of type, and distribution channel.

On the basis of distribution channel, it is segmented into store-based and non-store based. Among all, the store based segment is dominating the market given to convenience shopping and one-stop shopping experience. However, changing global scenario and rapid adoption of technology by the consumers’ will support the sales of savory snacks through e-commerce on a global platform.

On the basis of the type, it is segmented into potato chips, processed snacks, popcorn, nuts and others. Among all, the potato chips segment is dominating the market owing to its high preference by the consumers. However, processed snacks segment is projected to witness high growth rate during the review period due to the shift in consumers’ food preferences.

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Regional Analysis:

Asia Pacific is the fastest growing region for savory snacks market owing to increasing demand for the product in the markets of India, Indonesia, and Japan. The global savory snacks market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the savory snacks market followed by Europe. U.S., in the North American region is witnessing a high demand for savory snacks from the convenience food products manufacturers. Moreover, increased consumption for processed snacks, savory biscuits, and chips in China, India and Japan is supporting the growth of the savory snacks market in Asia Pacific region.

The global savory snacks market is segmented into the following regions

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Italy
  • Spain
  • U.K
  • Rest of Europe

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Asia Pacific

  • China
  • India
  • Australia
  • Japan
  • Rest of Asia Pacific

Rest of the world

  • Brazil
  • Argentina
  • South Africa
  • Others

Food Flavors Market | Growth Worth is CAGR of about 5.60% | Application | Insight | Forecast to 2023

Drivers and Constraints Impacting the Market:

The demand for food flavors is stimulating especially in the emerging countries due to the growing awareness regarding the product and its different usage. This is further offering opportunities to the manufacturers to expand their market. Regulatory authorities like for instance, FDA has granted permission for the use of natural food flavors, comprising essence or extractive, oleoresin, essential oil, and protein hydrolysate, which constitutes the flavoring element derived from the fruit or fruit juice, edible yeast, vegetable or vegetable juice, herb, spice, bud, bark, leaf, root, or similar plant material or seafood, meat, dairy products, poultry, and eggs. This is considered to be a major factor fueling the market growth. Moreover, the augmenting consumer awareness associated with health & wellness and high adoption of food flavors of natural origin instead of synthetic flavors is further contributing to the market growth. Manufacturers are also highly investing in research and technical development along with investigative activities in order to improve the existing procedures and products to develop new products. R&D activities will further lead to development of new products with improved quality, thereby contributing to the market growth.

Market Overview:

The global food flavors market is predicted to register 5.600% CAGR during the forecast period (2017-2023) owing to the high availability of different flavored beverages, asserts Market Research Future (MRFR).Food flavor is referred to as an ingredient or food additive, which is generally used in the production of food and beverages. Flavor is the sensory impression of any food items that is determined by the chemical senses of smell and taste. Flavor indicates the sensual impression of food or any other applications like cosmetic & personal care, beverages, nutraceuticals, and other end-use applications. Food flavors have gained immense popularity over the years based on its diverse application in the food industry.

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On the flip side, limited availability and low stability of natural flavors are considered to dampen the market growth. As natural flavors are perishable in nature, they are unstable during processing, storage, and handling, compared to synthetic flavors. They are unstable to temperature, variations in pH, and light. Being volatile to heatand higher temperatures, there is a high possibility that the flavor will be lost. Such concerns are anticipated to impede the market growth during the assessment period.

Competitive Dashboard:

The prominent players operating the global food flavors market are Givaudan SA (Switzerland), International Flavors & Food flavors Inc. (U.S.), Firmenich International SA (Switzerland), V. MANE FILS SA (France), Symrise AG (Germany), Takasago International Corporation (Japan), and Sensient Technologies Corporation (U.S.).

Industry Updates:

January 08, 2019: Snack company, Santé Specialty Foods is likely to expand its product line of spiced nuts and gourmet roastedwith a new trio of flavors;pumpkins spice pecans, bourbon pecans, and chocolate almonds. The three brand new flavors are perfect pick for on-the-go snacking.

Global Food Flavors Market: Segmental Analysis:

The global food flavors market has been segmented on the basis of type, application, and region.

By mode of type, the global food flavors market has been segmented into synthetic and natural. Among these, the synthetic segment is anticipated to occupy the maximum market share and is considered to expand at 5.03% CAGR during the appraisal period.

By mode of application, the global food flavors market has been segmented intodairy & frozen products, beverages, savory & snacks, bakery & confectionery, and others. Among these, the beverages segment is presumed to experience the highest growth rate at 6.07%CAGR during the appraisal period. The growth in this segment is attributed to the high demand for non-carbonated and carbonated energy drinks.

Regional Insights:

Geographically, the food flavors market span across regions namely, Asia Pacific, North America, Europe, and Rest-of-the-World.

Among all the regions, the European region is estimated to retain its dominance throughout the appraisal period. The growth is attributed to the robust economic growth coupled withrising health conscious population in this region. Europe is predicted to garner USD 6366.20 million by the end of 2023.

The Asia Pacific region is estimated to expand at the highest CAGR of 6.11% owing to thegrowing middle-income population with more disposable income and rapid urbanization in the developing countries.Such factors are considered to trigger the sales of food flavors in this region.

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Agricultural Enzymes Market Key Players, Size, Share, Demand and Research Report 2023

Market Scenario and Key Restraints:

Agricultural enzymes are the necessary bioactive proteins in preserving soil health and its environment. When agricultural enzymes are applied to the soil, billions of chemical reactions begin to take place immediately. In the process they detoxify soils that have been poisoned by excessive applications of chemical fertilizers, herbicides, and pesticides, neutralize both acid and alkaline soils, loosen heavy clay soils, and even penetrate hardpan. Most commonly used agricultural enzymes include phosphatases, proteases, sulfatases and others. Agricultural enzymes help in improving fertility, crop protection, and plant growth regulation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the agricultural enzymes market. Moreover, rising demand for natural and organic food followed by increasing awareness towards hazardous properties of pesticides and other chemicals used in agricultural have raised the demand for agricultural enzymes over past few years.

Growing acceptance of modern farming is adding fuel to the growth of agricultural enzymes market. Owing to improving the efficiency of agricultural enzymes, major players are investing in research and development which is further boosting the growth of global agricultural enzymes market. Cost efficiency is another driver driving the growth of the market. However, the uncertain regulatory environment may hamper the growth of the market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 7.2% of agricultural enzymes market during the forecast period 2017-2023. 

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Top Key Players:

Some of the key players profiled in the global agricultural enzymes market are Bayer Cropscience AG (Germany), Monsanto Company (U.S.), DuPont (U.S.), Syngenta AG (Switzerland), BASF (Germany), Novozymes A/S (Denmark), Koninklijke DSM N.V. (The Netherlands), Bioworks, Inc. (U.S.), AB Enzymes (Germany).

Key Findings:

Denmark, the U.S., Germany, the Netherlands, and China are the major exporters of enzymes market

Recognizing the importance of enzymes to a vibrant soil, laboratories now produce them in brewing vats for inclusion in biological fertilizers and compost activators and for direct application to the soil.

Intended Audience:

Agricultural enzymes manufacturers

Food industry

Agriculture industry

Traders, importers, and exporters

Industry Segments:

Agricultural enzymes market is segmented on the basis of types such as phosphatases, proteases, sulfatases and others. Among all, the phosphatases are anticipated to be the fasting growing segment over the forecasted period. Phosphatases are capable of catalyzing the hydrolysis of esters and anhydrides of phosphoric acid and play a vital role in soil systems.

Based on the function, the agricultural enzymes market is segmented into fertility, crop protection, and plant growth regulation. Among all, the fertility segment is dominating the market. However, the plant growth regulation segment is anticipated to grow substantially over the forecast period.

On the basis of application, agricultural enzymes market is segmented into grains & cereals, oil seeds & pulses, fruits & vegetables and others. Among all, the grains & cereals segment is projected to dominate the market owing to be considered as a staple food in many developing countries.

Regional Analysis:

The global agricultural enzymes market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is accounted to hold the highest share of agricultural enzymes. Europe is estimated to have a moderate expansion in the market share of agricultural enzymes over the estimated period.

Asia Pacific is witnessed to be the fastest growing region in agricultural enzymes market. India and China which are two of the largest countries in terms of population are majorly contributing to the growth of agricultural enzymes in this region. Latin America is anticipated to gain a moderate growth rate over the estimated period. 

Table of Content:

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1 Initial Data Exploration

1.1.2 Statistical Modelling and Forecast

1.1.3 Industry Insights and Validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. Agricultural Enzymes Industry Market Synopsis, 2017-2023

2.1.1 Business Trends

2.1.2 Product Type Trends

2.1.3 Product Function Trends

2.1.4 Product Application Trends

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Chapter 3 Agricultural Enzymes Market Industry Insights

3.1 Industry Segmentation

3.2 Industry Size and Forecast

3.3 Industry Ecosystem Analysis

3.4 Industry Impact Forces

3.4.1 Growth Drivers

3.4.1.1 Increasing Demand for Organic Food

3.4.1.2 Adoption of Modern Farming Practices and Sustainability

3.4.2 Industry Pitfalls & Challenges

3.4.2.1 Regulatory Constraints and Enzyme Safety

3.4.2.2 High R&D Cost

3.5 Growth Potential Analysis

3.6 Company Market Share Analysis, 2016

3.7 Porter’s Analysis

3.8 PESTEL Analysis

Agricultural Fumigants Market Highlighting Regional Revenue Share Dominance During 2018 To 2023

Market Definition:

Fumigants are highly effective in reaching out to the pests and are useful for pre-harvest as well as post-harvest. The most commonly used agricultural fumigants include phosphine, methyl bromide, chloropicrin, metam sodium, 1, 3-Dichloropropene, and others. They are available in different forms such as solid, liquid and gas which is applicable to both soil and warehouse. Fumigants are used for crop protection. It removes pathogens such as weeds, fungi, and nematodes from the soil and ensures the best development of agricultural crops.

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Market Scenario and Key Restraints:

Agricultural fumigants are used to kill pests and increase agriculture productivity. Rising population is increasing the demands for high agricultural productivity and driving the growth of global agricultural fumigants market. Increasing awareness among the farmers is adding fuel to the growth of the market.

Increasing crop losses due to transportation, post-harvest, and others are majorly driving the growth of agricultural fumigants market. Moreover, change in farming practices and technology leading to increasing acceptance of modern farming and protected agriculture is boosting the growth of the agricultural fumigants market. However, several environmental and health hazards caused due to agricultural fumigants is restraining the growth of this market.

Key Players:

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

Intended Audience:

Agricultural fumigants manufacturers

Food Industry

Agriculture Industry

Traders, importers, and exporters

Segments:

Agricultural Fumigants Market is segmented on the basis of types such as phosphine, methyl bromide, chloropicrin, metam sodium, 1, 3-Dichloropropene, and others. Among them, the methyl bromide is holding a major share in the market followed by phosphine. However, owing to the great damage caused to nature from methyl bromide, it is being banned in many countries. On the other hand, phosphine is expected to gain substantial growth over the forecast period.

Based on the form, agricultural fumigants market is segmented into solid, liquid and gas. The liquid fumigants are expected to dominate the market. However, gaseous agricultural fumigant is projected to grow at the fastest rate owing to its high ability to reach insects in stored places.

On the basis of the application, agricultural fumigants market is segmented into soil and warehouse. The warehouse segment is dominating the market and is expected to grow substantially over the forecast period.          

Regional Analysis

The global agricultural fumigants market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. The U.S. and Canada are the major contributors in North America for agricultural fumigants market. However, strict government regulations regarding food safety may hamper the growth of agricultural fumigants market in this region.

Asia Pacific is expected to be the fastest growing region for agricultural fumigants market. Growing agricultural practices in India, China, Japan and Indonesia is driving the growth of agricultural fumigants in this region. In rest of the world, Brazil is anticipated to account the major share of agricultural fumigants market.

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Sweeteners Market Estimated to Paint a Colorful Growth by 2023

Market Definition:

Sweeteners are food additives used as sugar substitutes. They are low in calorie or calorie free for which they have gained traction among the health conscious population. They are also used to improve the palatability and shelf life of food products. Some sweeteners are naturally produced and termed as natural sweeteners including stevia, xylitol, erythritol and others. Sweeteners which are not produced naturally but synthetically are known as artificial sweeteners which include aspartame, sucralose, neotame, acesulfame K, glutamate and others. Sweeteners are used in various industries such as bakery and confectionery, dairy and frozen desserts, beverages, and others. 

Market Scenario: 

Increasing demand for low calorie products have influenced the manufacturers to substitute sugar by sweeteners in their product line. Industry growth of bakery and confectionery followed by beverages will boost the growth of global sweeteners market.

Rising problem of obesity and diabetes among the growing population is driving the growth of the market. Moreover, increasing health concerns among the consumers and their inclination towards low calorie products is influencing the growth of sweeteners market. Additionally, technological advancements followed by new product developments will surge the growth of sweeteners market. However, side effects associated with the artificial sweeteners may hamper the growth of sweeteners market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 4.9% of sweeteners market during the forecast period 2017-2023. 

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Key Players:

Some of the key players profiled in the global Sweeteners market are Archer Daniels Midland Company (U.S.), Kerry Group PLC (Ireland), Cargill Incorporated (U.S.), DuPont Nutrition & Health (Denmark), Tate & Lyle plc (U.K), AJINOMOTO (Japan), CELANESE CORPORATION (U.S.)

Key Findings:

Aspartame is gaining high traction in diet soft drinks

China is the largest producer of high intensity sweeteners followed by Indonesia, the U.S., and Western Europe

Segments:

On the basis of type, global sweeteners market is segmented into natural and artificial sweeteners. Natural sweeteners are further sub segmented into stevia, xylitol, erythritol and others. Among all, stevia is dominating the market and is expected to grow substantially over the forecast period. Artificial sweeteners are further sub segmented into aspartame, sucralose, neotame, acesulfame K, glutamate and others. Among all, aspartame is dominating the market. However, sucralose is expected to surge the market growth in coming years.

Based on the application, global sweeteners market is segmented into bakery and confectionery, dairy and frozen desserts, beverages, and others. Among all, bakery and confectionery segment is dominating the market. However, beverage segment is expected to propel in the forecast period.

Regional Analysis:

The global sweeteners market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. In North America, increasing health conscious population is driving the growth of sweeteners market. U.S. is the major contributor of sweeteners market in North America.

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High growth of beverage market in Europe is influencing the growth of sweeteners market in this region. U.K, Germany, France and the Netherlands are majorly contributing in the growth of sweeteners market in Europe. Asia Pacific is witnessed to be the fastest growing region for sweeteners market in which China is the major producer of sweeteners followed by India. Growing application of sweeteners in wide range of industries will boost the growth of sweeteners market in the rest of the world.  

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