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Global Edible Oils and Fats Market Research Report – Forecast to 2018-2025

Bharat Book Bureau Provides the Trending Market Research Report on “Global Edible Oils and Fats Market Size study, by Type (Vegetable & Seed Oil, Spreadable Oils & Fats, Olive Oil, Cooking Fats, Others), by Source (Plant, Animals), by Form (Liquid, Solid), by Distribution Channel (Supermarket, Hypermarket, Convenience Stores, Departmental Stores, Online Store) and Regional Forecasts 2018-2025”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Edible Oils and Fats Market to reach USD XX billion by 2025.

Global Edible Oils and Fats Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Edible Oils and Fats Market is continuously growing across the world over the coming years. The major driving factor of global Edible Oils and Fats market are rising adoption of vegan life style, rising health awareness among individual and increased demand for naturally sourced product. In addition, rising number of restaurants & hotels and increasing popularity of processed and packaged food products are some other factors which propelling the market growth across the globe. However, high cost of raw material in the production of oil and fats product may limiting factor of global edible oils and fats.

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global edible oils and fats market - bharat book bureau

Edible oils are naturally occurring oil undergoes refining process in order to produce pure, odorless and light-colored edible oil. Edible oils and fats are offering various benefits such as promotes heart health, good for skin, boosting energy, gives beautiful nourishment, strengthens immune system, gives beautiful hair and improves digestive system.

The regional analysis of Global Edible Oils and Fats Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to high consumption of edible fat and oil coupled with growing population. Europe also contributes a major growth rate in the global Edible Oils and Fats market due to changing lifestyles and increasing awareness of vegetable oil health benefit. North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to rising healthcare expenditure and increasing consumer preference for healthy and nutritious foods containing oil.

The major market player included in this report are:
• Adani Wilmar Ltd.
• Ruchi Borges Mediterranean Group
• Archer Daniels Midland Company
• Cargill Inc.
• American Vegetable Oils Inc
• Beidahuang Group
• Fuji Vegetable Oil Inc.
• ConAgra Foods Inc.
• International Foodstuff Company Ltd.
• Ajinomoto Co. Inc
• United Plantations Berhad
• Associated British Foods plc
• CHS Inc.
• Unilever plc
• Bunge Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
• Vegetable & Seed Oil
• Spreadable Oils & Fats
• Olive Oil
• Cooking Fats
• Others

By Source:
• Plant
• Animals

By Form:
• Liquid
• Solid

By Distribution Channel:
• Supermarket
• Hypermarket
• Convenience Stores
• Departmental Stores
• Online Store

By Regions:
• North America
U.S.
Canada
• Europe
UK
Germany
• Asia Pacific
China
India
Japan
• Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
• Historical year – 2015, 2016
• Base year – 2017
• Forecast period – 2018 to 2025

Target Audience of the Global Edible Oils and Fats Market in Market Study:
• Key Consulting Companies & Advisors
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers (VARs)
• Third-party knowledge providers
• Investment bankers
• Investors

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Global Animal Feed Market Size, Share: Industry Research Report 2025

Previously in 2018, the global animal feed market size was valued for USD xx million and is estimated to project a value of USD xx million by 2025 registering a CAGR of x.x% during the forecast period.

The Nutritional and Economic wellbeing of several of nation has been much contributed by the rising consumption of livestock, of meat and animal derived products globally. Animal feeds have played the foremost role in the worldwide food industry and feed these products been the largest and vital component for ensuring safety, affordable and abundant animal proteins.

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There has been a demand for animal derived products globally since last few years like dairy, livestock and fish etc. The International Feed Industry Federation (IFIF) has recorded the growth in production especially in the developing regions, with the developed regions reported to be more/less stable. The global feed industry has grown in production value and volume with a response increase in global population, rate of urbanization and the growing consumer purchasing power.

Commercial production and sales of the profiled organization of feed stuff is currently active in 130 nations and employs with the one million skilled employees, technicians, managers, and professionals/experts. However, this has upscale the overall animal feed market at the greater heights.

A challenge faced by the animal feed industry analysis in the present scenario is that more than 1 billion ton feed manufactured by the industry participants, 300 billion tons is manufactured on directly on farm mixing. So, the food safety bodies do not examine this mixing done by the farmers and when audit is processed later, there is trouble.

The Poultry carries the biggest segment of the feed industry. Crop residues, fodder, by-products of cereal, household wastes and more were used as feed within the small scale and traditional poultry farming. Increasing demand for poultry meat with rising food chain business offering variety of nutrition and rich meat, the requirement for high-quality and commercially developed feed have witnessed an impressive demand in the market. However, which is more likely, expected to further increase during the forecast period.

The global animal feed market share is segmented into product, and region. Based on the product the market is divided into poultry, swine, ruminant, and aquaculture. Discussing on the regional outlook, the market is widely range to America, APAC, and EMEA.

The animal feed market value hold a prominent driving factors which is resulting the growing demand for meat products acquired from poultry animals, livestock, and several other forms of meat such as aquatic products. The nutritional value of the meat sourced from these animals, including their flesh quality, and weight can be uplifted if they are fed with proper nutrients and food supplements.

Leading players of the animal feed market include Cargill, DowDuPont, Land O’Lakes, Charoen Pokphand Foods, BASF and more others.

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What to expect from the upcoming report on ‘Global Animal Feed Market’:

– Future prospects and current trends of the global shooting ranges market by end of forecast period (2018-2025)

– Information regarding technological progressions as well as innovations taking place in developing economies

– Supportive initiatives by government likely to influence the market dynamics

– Trends, drivers, opportunities, restraints, challenges and key developments in the market

– In-depth analysis of different market segmentations including regional segmentations, and product types

– Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market

Who should buy this report?

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

About Adroit Market Research:

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

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Adroit Market Research

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Dallas, TX 75204

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Russia Food and Drink Market: Major Player Revenue and Forecast to 2023

Market Reports on Russia Provides the Trending Market Research Report on “Russia Food and Drink Report” under Food & Beverage Category. The report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

The Russia Food & Drink Report features market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

Russia Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Russia.

Key Benefits
– Benchmark independent food and drink industry forecasts for Russia to test other views – a key input for successful budgeting and strategic business planning in the Russian food and drink market.
– Target business opportunities and risks in Russia through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
– Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage
Industry View
Key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis
Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

Food and Drink Risk Reward Index
Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic points. These provide indices of highest to lowest appeal to investors, with each position explained.

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Food Forecasts
Food chapter is divided into sections such as meat, fish, confectionary, dairy and canned foods, and provides insight into each market’s food industry, centred on a forecast to end-2019 for the sector. The chapter includes the following elements:
– Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.
– Industry Developments: A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.
– Market Overview: An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts
Segmented the same way as food chapter, the drink section provides insight into each market’s drink industry, centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts
Segmented the same way as food and drink chapters, the mass grocery retail section provides insight into each market’s grocery retail industry, centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector, among others.

Competitive Landscape
Illustration of the mass grocery retail and food and drink industries via rankings tables comparing revenues, number of outlets and number of employees. This chapter also includes data-rich, in-depth regional analysis of the market position, business strategies and investment potential of the region’s leading mass grocery retail and food and drink operators.

Company Profiles
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources
The Food & Drink reports draw on an extensive network primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

Browse our full report with Table of Contents: http://www.marketreportsonrussia.com/marketreports/russia-food-and-drink-report/116664

About Us
Russia is a huge market with many business opportunities. It is the world’s largest energy exporter, along with boundless natural resources and a highly educated population. Any international experienced person will tell you that international expansion is tricky. It demands in- depth knowledge and determination to begin with. But most of all, successful global expansion needs a plan; it needs a strategy to support it. As an emerging business looking to expand in the Russian market, we at Market Reports on Russia (MRR) are here to help you maximize your global ambitions.

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Market Reports On Russia
Tel: +91 22 27810772 / 27810773
Email:  info@marketreportsonrussia.com
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Soluble Fiber Market is Poised to Exhibit A Moderate 7.9% CAGR by 2026

According to a latest research report by Future Market Insights (FMI), the global soluble fiber market is projected to expand at a CAGR of 7.9% throughout 2026. The market was valued at nearly US$ 1,500 Mn in 2017. Strategic acquisitions, product launches, and partnerships are among the pervasive manufacturing-side trends in the market. For instance, QuitoPlan has recently announced the launch of a complete package for effective weight management solutions that includes an application and Quitoplan capsules. The company has utilized high quality ingredients such as soluble fiber to develop these fat reducing capsules.

Naturex also announced acquisition of Swedish Oat Fiber, a specialized manufacturer of proteins, oat dietary fibers, and oil. Through this acquisition, the company is focusing on strengthening its position in the market and focus on developing strategies pertaining to organic products. Strategic acquisitions and product launches will continue to impact sales of soluble fiber positively. Roquette Freres, Lonza Group, DuPont, Cargill, Archer Daniels Midland Company, Sunopta Inc., INGREDION, NEXIRA, Huachang Pharmaceuticals, and Tate & Lyle are some of the major market players in the global soluble fiber market.

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Sales of Beta-Glucan Products to Remain High

Leading companies are concentrating on expanding their product line to improve their position in the global market. To offer enhanced experience to the customers, major companies are focusing on offering soluble fiber products such as Beta-glucan to the nutraceutical and pharmaceutical companies.

Consumption of food products rich in Beta-glucan lowers the cholesterol level and improve blood sugar control. In addition, heart-healthy labels for food products that contain high content of Beta-glucan have been approved by FDA. On the account of these factors, food manufacturers are concentrating on utilizing Beta-glucan as an important ingredient for developing low cholesterol food products.  

Also, pervasive demand for protein-rich food products has fuelled sales of soluble fibers globally. With the growing need for functional food products such as soy, probiotics, and oats, major companies are utilizing soluble fibers as an important ingredient. Through developing innovative food products, leading companies are focusing on attaining a competitive edge in the global market.

Demand to Remain Concentrated in Bakery Industry

Food manufacturers will continue to witness significant demand for soluble fiber products such as Beta-glucan. As manufacturers are focusing on developing low cholesterol food products, demand for Beta-glucan as an important ingredient is likely to increase. Beta-glucan is expected to register the highest revenue growth, accounting for nearly US$ 660 Mn by the end of 2026.

Also, dried beans and peas is likely to remain a major source of soluble fiber. In terms of revenue, dried beans and peas is expected to register a significant growth, recording more than US$ 600 Mn by the end of 2026. As demand for fiber-dense snack continues to remain high among health-conscious customers, manufacturers are mainly utilizing soluble fiber as an important ingredient for the production of bakery products. By 2026-end, bakery application is expected bring in revenues of more than US$ 800 Mn.

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North America to Represent a Leading Market

North America will continue to represent a leading market globally. In terms of revenue, North America is expected to record a value of over US$ 800 Mn by the end of 2026. In contrary, the Europe market is expected to register the fastest growth, reflecting a CAGR of 8.1% during the forecast period.

Meat Substitutes Market Projected to Reach US$ 7,067.6Mn by 2026

Meat substitutes are considered as being at the apex, with regards to innovation of food. There is no indication that the consumers will recoil from meat any time soon. However, there is increase in the demand for flexibility requirements in the diet. Controlling meat consumption is regarded as a method of flexibility. Apart from health-associated factors, sustainability and considerations are also impelling this movement, especially amongst the women. There is increase in the demand for meat substitutes mainly due to increasing health concerns such as diabetes and obesity.

The global meat substitutes market is expected to grow due to health benefits such as general wellbeing and weight loss. Increasing adoption level of meat substitutes is influencing the manufacturers to develop and innovate the meat substitutes’ product lines, which eventually contributes considerably towards the growth of the global market for meat substitutes. In addition, perceived environmental and social concerns related to excessive consumption of meat, for instance, religious limitations as well as carbon footprint of meat production, has further directed consumers to decrease meat consumption and go for its substitutes.

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Noteworthy findings from the report indicates that the global market for meat substitutes will upsurge at an evaluated 5.8% CAGR over the forecast period, 2017-2026. The report also expects that by 2026-end, meat substitutes worth US$ 7,067.6Mn will be sold across the globe.

Meat Substitutes That Are Soy-Based to Create Opportunities for Expansion of Global Market

Meat substitute products that are soy-based holds the potential for contributing the largest share in the market, followed by mycoprotein, through 2026. This is due to the fact that soy proteins are cost-efficient and dependable substitutes for meat and possesses the largest amount of protein, compared to various other meat substitutes. Meat substitutes that are soy-based also hold the capacity to be formed, in a way that it can represent the organoleptic features of meat products. Soy hot dogs, soy chicken, soy bacon, soy turkey and soy burger are a few prevalent soy-based food products.

Frozen meat substitutes amongst the category type products accounts for lion’s share in the market through 2026. The increasing demand for convenience foods due to rising income level of consumers, is considered as one of the important factors that is fuelling the frozen meat substitutes market. Major countries like India and China are significantly contributing towards the expansion of the global frozen meat substitutes market.

Notable Highlights from the Report on Meat Substitutes Market for Forecast Period, 2017-2026

  • Europe will continue to dominate in the global market for meat substitutes. The market is fuelled with the increasing health-conscious consumers, rising incidences of conditions and diseases such as high-blood pressure, diabetes and constipation.
  • Based on category, frozen meat substitutes holds the lion’s share in the global market for meat substitutes, followed by refrigerated meat substitutes. Market for frozen meat substitutes is gaining traction owing to variable purchasing patterns and shifting consumer preferences from small grocery shops to super and hypermarkets, especially in the emerging economies like Brazil, China and India.
  • Textured vegetable protein accounts for largest share in the market, based on product type, due to the fact that they hold higher protein content and are easily available compared to other products.
  • Meat substitutes based on soy account for largest share in the market, based on source type, followed by mycoprotein. This is owing to the fact that consumers on a larger basis are preferring meat products that are based on soy, as it holds high protein content compared to other sources. This has led to increase of demand for soy in meat substitutes industry.

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Important market players sketched by the report is inclusive of Amys Kitchen Inc., Cauldron Foods, Meatless B.V., Vbites Food, Ltd., MGP Ingredients Inc., The Nisshin OilliO Group, DuPont, Beyond Meat, Garden Protein International, Inc., Quorn Foods, Morningstar Farms, Sonic Biochem Extractions Limited and ADM.

Global Dairy Enzymes Market Research Report: By Type, Application, Form and Regions -Forecast till 2023

Bharat Book Bureau Provides the Trending Market Research Report on “Global Dairy Enzymes Market Research Report: By Type (lactase, proteases, lipases and others), Application (milk, cheese, yogurt, frozen desserts, infant formula and others), Form (plant, animal & microorganism) and Regions -Forecast till 2023”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Dairy Enzymes Market Research Report: By Type (lactase, proteases, lipases and others), Application (milk, cheese, yogurt, frozen desserts, infant formula and others), Form (plant, animal & microorganism) and Regions -Forecast till 2023

Market Scenario
The dairy enzymes are used as coagulants that are needed during the production of dairy products like cheese, milk, functional daily beverages and yogurt. These enzymes play a crucial role in keeping the gut clean and healthy. Apart from medicated enzymes, one can also consume those products that are made of plant enzymes. The bioprotective enzymes help in the providing the shelf life to the dairy products. The plant enzymes are extensively used in both non- alcoholic and alcoholic beverages, bakery products and other confectionaries. The Global dairy enzymes market is anticipated to reach the valuation of USD 829.6 million by the year 2023 by growing at a CAGR of 7.44% during the estimated period.

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dairy enzymes market research report - bharat book bureau

There are several factors that are affecting the growth of the global dairy enzymes market. Increasing health concerns of the people have led to the growth of the market. More and more companies are now making investments in order to gain the customer base attention. Currently, there has been a higher demand for the vegan based dairy enzymes that are also propelling the growth of the global market. Also, there has been a huge surge in the demand for various types of dairy-based products like yogurts and cheese which becomes some of the major factors influencing the market growth over the estimated period.

Market Segmentation
The global dairy enzymes market is divided on the basis of its application, type, and source. Based on its type, the market is segmented into proteases, lactase, lipases, and others. On the basis of its application, the market is bifurcated into cheese, milk, yogurt, infant formula, frozen desserts, and others. Based on its source, the market is segmented into animal & microorganism and plant. Geographically, the global dairy enzymes market is sectioned into global regions like Europe, Asia- Pacific, North America, Middle East, LATAM, and Africa.

Key Players
Some of the key industry players in the global dairy enzymes market include companies like Chr. Hansen Holding A/S (Denmark), DSM N.V. (Netherlands), Danisco A/S (U.S.), Kerry Group PLC. (Republic of Ireland), Biocatalysts Limited (U.K.), Novozymes A/S (Denmark), Advanced Enzyme Technologies Limited (India), Connell Bros. Co. LLC (U.S), SternEnzym GmbH & Company KG (Germany), Amano Enzyme Inc. (Japan).

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Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

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Water Treatment Chemicals Market Insights Business Opportunities, Current Trends And Restraints, Based On Manufacturers, Industry Overview, Cost Structure Analysis, Supply Chain and Forecast to 2023

Water Treatment Chemicals Market Key Players:

Water Treatment Chemicals Market report include: BASF SE, GE Water & Process Technologies, Ashland Inc., Kemira Oyj’s, Ecolab USA Inc., The Dow Chemical Company, Akzo Nobel N.V., Buckman Laboratories International Inc, Solvay S.A and Cortec Corporation.

Water Treatment Chemicals Market Overview:

Water Treatment Chemicals Market where it has revealed that the market will grow at a CAGR of 5% for the next five years. The report also shows that the market will reach a valuation of USD 26 Billion by the end of 2023. The key drivers of the market growth are population explosion and dearth of clean drinking water. The estimated average increase in human population every year is around 83 Million.

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Water Treatment Chemicals Market is growing pervasively, mainly due to the increasing scarcity of the water. These chemicals are used in various water treatment processes to extrude unwanted chemicals, solids, gases, and biological contaminants from the contaminated water. The primary objective of these processes is to generate water fit for a specific purpose.

Water Treatment Chemicals Market Segmentation:

Water Treatment Chemicals Market has been segmented by type, end-use industry, and region.

On the basis of type, the global water treatment chemicals market has been segmented into coagulants and flocculants, corrosion inhibitors, scale inhibitors, chelating agents, biocides and disinfectants, pH adjusters and stabilizers, anti-foaming agents, oxidants, oxygen scavengers, algaecides, and others.

On the basis of end-use industry, the global water treatment chemicals market has been segmented into municipal water treatment plants, chemical processing, paper and pulp, food & beverage, power generation, oil & gas, mining, and others.

Water Treatment Chemicals Market Regional Analysis:

Water treatment chemicals market in India, corrosion and scale inhibitors accounted for significant share in revenue terms due to the huge demand from power utilities and oil refineries. Moreover, the decreasing water availability and rising environmental concerns are expected to increase the municipal water treatment in India during 2019 – 2023.

Asia-Pacific is the fastest growing region, increasing awareness about water borne diseases and scarcity in the pure and clean drinking water. Asian countries, especially India and China accounting for the largest market share in the overall water treatment chemicals market.

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Water Treatment Chemicals Market Competitive Landscape:

The competitive market of water treatment chemicals appears to be fragmented owing to a huge number of companies operating in the market, churning the market competition. Increasing innovations and technologies will generate strong investment opportunities for the players. They strive to continue to commercialize other techniques that can lower the production.

To gain the competitive advantage, these players try to attain expertise in developing techniques, managing supply chains and in-depth domain knowledge in a number of advanced materials in addition to the prevailing strategies such as acquisition, partnership, and expansion of manufacturing facilities.

The competitive landscape of the market is determined by evaluating numerous market participants along with their production chain, production capacities, and the revenue generated by each manufacturer.

Water Treatment Chemicals Market Table of Content to be Continue….,

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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.

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Biofortification Market projected to grow at a CAGR of 8.6%, to reach USD 118 million by 2023

Bharat Book Bureau Provides the Trending Market Research Report on “Biofortification Market by Crop (Sweet Potato, Cassava, Rice, Corn, Wheat, Beans, and Pearl Millet), Target Nutrient (Zinc, Iron, and Vitamins), and Region (Latin America, Africa, and Asia Pacific) – Global Forecast to 2023”under Agriculture Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The Biofortification Market is projected to grow at a CAGR of 8.6%

The biofortification market is estimated at USD 78 million in 2018, and projected to grow at a CAGR of 8.6%, to reach USD 118 million by 2023. The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. A key driver for the market’s growth is the increasing use of high nutritional content in foods due to increasing consumer awareness about healthy diets. Africa is projected to be the fastest-growing regional market. Asian countries, especially India, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. One of the major restraints in the growth of the biofortification market is low awareness about the benefits of biofortified crops.

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biofortification market report

The sweet potato segment is estimated to account for the largest share in 2018
Based on crop, the sweet potato segment is estimated to account for the largest share of the biofortification market in 2018. The demand for biofortified crops such as sweet potato and cassava has increased with the rising technological advancements to increase the nutrient content, particularly in orange-fleshed sweet potato (OFSP). Africa is projected to be the fastest-growing market in the sweet potato segment due to the ease of biofortifying sweet potato with nutrients such as iron, zinc, and vitamins.

Vitamins to be the fastest growing target nutrient of biofortification
Based on target nutrient, the vitamins segment is expected to be the fastest-growing during the forecast period. Growth in demand for functional and enriched processed food products, prevalence of vitamin deficiencies, and feed fortification due to the rise in global meat and dairy product consumption are some of the driving factors for the biofortification market.

High growth is expected in the African biofortification market
Africa is projected to be the fastest-growing market for the period considered for this study due to the rising disposable income and increase in demand for nutritional food products, along with the growing technology base, leading to increased demand for biofortification in the region. Africa has rich biodiversity in terms of crops. The development and introduction of agro-innovation across Africa resulted in the adoption of various new technologies in the agriculture industry.

Break-up of Primaries:
By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
-By Designation: C Level – 65%, D Level – 13%, and Others* – 22%
-By Region: Latin America – 14%, Asia Pacific – 57%, and Africa – 29%

*Others include sales managers, marketing managers, and product managers.
Leading players profiled in this report:
• Syngenta
• DowDuPont
• Bayer
• BASF
• Monsanto
• Charles River
• LemnaTec
• Intertek
• Agro BioSciences Inc.

Research Coverage:
The report segments the biofortification market on the basis of target nutrient, crop, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the biofortification market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the biofortification market is gaining popularity

Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/biofortification-market-by-crop-sweet-potato-cassava-rice-corn-wheat-beans-and-pearl-millet-target-nutrient-zinc-iron-an/1300244

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