Xanthan Gum Market Analysis, Global Industry Analysis, Opportunity Assessment, Size, Share, Trends, Forecast To 2024

Xanthan Gum Market Overview 

The Global Xanthan Gum Market is projected to grow at a significant rate of 4.5% from 2019 to 2024 to reach a market value of USD 1.2 billion by the end of 2024. Increasing demand from end use industries includes oil & gas, food and beverages among others is escalating the demand for the Xanthan gum market. Xanthan Gum Market Analysis is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum.

Oil & gas and food & beverage industries account for over 80% of Xanthan Gum Market in the terms of revenue and volume. The fastest growing application of Xanthan gum is the food and the beverage industry closely followed by the oil and gas industry. Xanthan Gum aids the growing population, changing lifestyle of consumers as the low-price alternative to guar gum. Xanthan gum is used in a wide range of food and beverages

Market Segmentation

For the purpose of study, Market Research Future segmented the Xanthan Gum Market based on applications

• Food and Beverage- Xanthan gum is used to flesh out the drinks and fruit juices. When these beverages containing fruit pulp particles, the use of xanthan gum helps maintain the suspension giving better appearance. In bakery industry, xanthan gum is used primarily to increase water retention during baking and thus extending shelf life of bakery products and refrigerated dough’s
• Oil and Gas- Xanthan gum is an important ingredient in the hydraulic fluid used for the hydraulic fracking process. It carries with it the sands used to prop open the fractures to allow the flow of oil or gas from these cracks.
• Pharmaceutical and Cosmetic Industry- Xanthan Gum is used as a stabilizer (in cosmetic products, for example, to prevent ingredients from separating)
• End Users: Households, Healthcare and pharmaceutical industry and others.

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Market Players

• Fufeng Group Ltd. (Japan)
• Kelco U.S., Inc. (India)
• Cargill, Incorporated (US)
• Solvay (Belgium)
• DuPont de Nemours, Inc. (US)
• FMC Corporation (US)
• Meihua Holdings Group Co., Ltd. (China)
• Archer Daniels Midland Company (US)
• Ingredion Incorporated (US)
• The Zoranoc Oilfield Chemical (China)
• Deosen Biochemical Ltd (China)
• Hebei Xinhe Biochemical Co Ltd (China)
• Jungbunzlauer Suisse AG (Switzerland)
• Fuerst Day Lawson (UK)
• Vanderbilt Minerals, LLC. (US)

Xanthan Gum Market Regional Analysis

North America

North America is a major chunk of the Xanthan Gum market. The recovery of the pharmaceutical industry in the US is expected to drive the demand of xanthan gum upwards in the forecasted period. Canada poses as another big market for Xanthan Gum US Department of Commerce announced antidumping duties on imports of xanthan gum from China.

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Asia Pacific

With the increasing number of food processing industries in the Asia pacific, the demand for xanthan gum is going to witness a significant boost. Rapid economic development in China, India, Indonesia and Vietnam will further result in boosting the demand. Favorable government policies are another factor which is going to contribute the boost in the sales of Xanthan gum. 

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Propolis Market Size, Share, Industry Demand Analysis, Top Manufacturer, Forecast To 2024

Market Synopsis

Propolis is a resinous mixture gathered by honeybees in order to seal the unwanted open spaces in the beehive. The composition and color of propolis vary from hive to hive depending on the botanical sources, but dark brown is most common. Market Research Future (MRFR) has recently published a report asserting the global and U.S. propolis market is anticipated to project a steady CAGR of 3.5% during the forecast period of 2015-2021.

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Market Drivers and Restraints

The global and U.S. market for propolis is majorly driven by the rapid expansion of the bee farming industries and increasing demand for propolis in various industries such as pharmaceutical industry, health and food industry, cosmetic industry and others. The medicinal properties of propolis such as antifungal, antibacterial, antiviral and anti-inflammatory have created a wide range of application of propolis in the pharmaceutical industry, which is inducing the demand for propolis in the global and U.S. market.

The use of propolis as a varnish for stringed musical instruments and as a sealant for newly made bridges of those instruments is resulting in increased demand of propolis, leading to the expansion of the global and U.S. propolis market. Some chewing gum manufacturing companies are utilizing propolis to make propolis gum which is increasing the application range of propolis in the food industry.

The expansion of the global and U.S. propolis market is propelled by the increased usage of propolis in the pharmaceutical industry owing to its application in manufacturing antibacterial products for skin diseases and dental products that are used after dental surgeries, and also its immune system boosting properties. The application of propolis in the production of car wax is also fueling the expansion of the global and U.S propolis market.

Key Players

The key players of the global and U.S. Propolis Market Size are Apis Flora (Brazil), Comvita (New Zealand), Laprell's Beehive Products, Inc. (Canada), Sunyata Pon Lee (Brazil), Bee Health Limited (UK), Wax Green (Brazil), Apiário Polenectar (Brazil), Manuka Health New Zealand (New Zealand), Zhifengtang (China), and Hi-Tech Natural Product India Ltd. (India) are some of the key players in the global propolis market.

Competitive Analysis

The increasing research and development expenditure to launch new products in the global market is strengthening the competition among the prominent players of the global and U.S. propolis market. The players in the global and U.S. propolis market are focusing on strategic mergers and acquisitions in order to expand their business to sustain the competitive environment of the global market.

Market Segmentation

The global and U.S. propolis market has been segmented on the basis of application, industry, and treatment. By application, the propolis market is segmented into food, skin cream, and musical instruments. Based on industry, the propolis market is segmented into pharmaceutical industry, health, and food industry. By treatment, the market is segmented into dental treatment and skin disease.

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Detailed Regional Analysis

The North America region is dominating the propolis market due to the presence of a large number of major propolis manufacturers in this region. The expansion of the propolis market in this region is also influenced by the rapid growth of the bee farming industry in North America. The increasing application of propolis in pharmaceutical and cosmetic industries is fueling the expansion of the propolis market in this region.

The Europe region is considered to be an emerging market for propolis. The increasing research to understand the medicinal properties of propolis is driving the expansion of the propolis market in this region. The market in the Europe region is anticipated to project noteworthy growth during the forecast period.

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Sprinkler Irrigation Systems Market Size, Share, Statistics, Trends, Strategy, Segmentation Analysis and Forecast To 2024

Market Highlights

In sprinkler irrigation, water is sprinkled on the agricultural land and crops, similar to rainfall. The Global Sprinkler Irrigation Systems Market accounted for approximately USD 2.3 billion in 2018 and is anticipated to expand at a CAGR of 2.1% during the forecast period. These systems have gained popularity among the farmers owing to the uniform application of water to the crops, which increases the yield. Growing concerns regarding water scarcity are encouraging the use of these systems, which, in turn, is driving the growth of the sprinkler irrigation systems market. Moreover, governments in various countries are undertaking activities to promote water management, which is contributing to the growth of the global sprinkler irrigation systems market.   

On the basis of type, the Global Sprinkler Irrigation Systems Market Size has been segmented into center pivot, lateral move, solid set, and others. The center pivot segment accounted for a dominant share of the global market in 2018. Labor requirement is less in center pivot irrigation, which is fueling the growth of the segment. However, the solid set segment is projected to expand at the highest CAGR during the forecast period. Ease and widespread application of water through solid set is projected to boost its growth. Moreover, the growing demand for solid sets in developing countries is anticipated to boost the growth of the segment in the coming years.

Key Players

Key players in the global sprinkler irrigation systems market are Lindsay Corporation (US), Valmont Industries Inc. (US), Jain Irrigation Systems Ltd. (India), Rivulis (Israel), Netafim Limited (Israel), The Toro Company (US), Rinke Manufacturing Co., Inc. (US), Nelson Irrigation Corporation (US), T-L Irrigation Company (US), Antelco Pty. Ltd.  (Australia), Mahindra EPC Ltd. (India), Elgo Irrigation Ltd. (Israel), Irritec S.P.A. (Italy), Hunter Industries Inc. (US), and Access Irrigation Ltd. (UK).

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Regional Analysis

In term of region, the global sprinkler irrigation systems market has been segregated into North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the global sprinkler irrigation systems market owing to the high adoption rate of sprinkler irrigation systems by farmers. In North America, the US is projected to hold a major market share. Growing concerns about water scarcity in various European countries is majorly contributing to the growth of the sprinkler irrigation systems market in the region. However, the market Asia-Pacific is projected to exhibit the highest CAGR during the forecast period. Various government initiatives to promote sprinkler irrigation systems, especially in developing countries of the region, are expected to drive the growth of the market in Asia-Pacific.  

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Feed Phytogenic Market Size, Competitor Rankings, Segmentation, Growth Opportunity, Forecast To 2024

Market Synopsis

The Global Feed Phytogenic Market was valued at USD 636.5 million in 2018 and is expected to cross USD 1.04 Billion by 2024, registering an impressive CAGR of 8.5%.

Feed phytogenic are currently used for all types of livestock, including pets, due to their excellent medicinal, preservative, and aromatic properties. This market has the potential to eventually overtake the artificial feed additive market as phytogenic offer the same properties as artificial additives with the added benefits of being eco-friendly and having no adverse side effects on the livestock.

Currently, the palatability enhancers segment is larger as these additives are not subject to stringent regulations. Performance enhancing feed phytogenic must comply with strict regulations, especially in Europe and North America. Performance enhancing Feed Phytogenic Market Size are known to be more effective than their artificial counterparts, thus, contributing to market growth.

Segmentation

By Type

• Essential Oils: The largest and fastest-growing market segment. Essential oils find applicability in feed for all livestock and are especially beneficial in the large poultry feed industry. In the ruminant industry, the application of essential oils results in a marked reduction of nitrogen pollution by reducing ammonia emissions.
• Herbs and Spices: The second-largest market share. Herbs and spices are used primarily to increase the palatability of feed while enhancing digestibility. Better digestion improves the overall health and weight of livestock.
• Oleoresins: More resistant than essential oils and less soluble, oleoresins find increasing use in the poultry industry where they are shown to enhance liver function. They combine the effects of essential oils along with the properties of herbs and spices.

By Livestock Type

• Ruminant: The ruminant segment is the second largest. The large bovine population in Asia and the Americas are driving the growth of the segment. The emphasis on enhanced dairy production and the ban on antibiotics for livestock are further fueling growth.
• Swine: China, Germany, and the US as the world’s largest consumers of pork, with China consuming more pork than the others combined. With pork being susceptible to multiple diseases and pathogens that can be transferred via consumption, maintaining swine health is a priority that is driving the growth of the segment.
• Poultry: The largest market segment. With over 16 billion chickens in the world and many millions of ducks and pheasants, the poultry industry is the largest in the world. The use of feed phytogenics has shown to increase weight and reduce ammonia emissions of poultry, thereby enhancing health.

By Action

• Performance Enhancers: The market segment with the most potential, it is currently underdeveloped due to heavy regulations and the need for research on the effects of performance enhancers.
• Palatability Enhancers: The largest market segment, palatability enhancers ensure feed consumption, thereby reducing feed wastage and promoting animal growth. This segment is expected to grow due to limited regulations and low costs for manufacturing palatability enhancers.

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By Region 

• North America: The fastest-growing regional market
• Europe
• Asia-Pacific: The largest regional market
• Rest of the World

Key Players

• Biomin Holding GmbH (Austria)
• Cargill Inc. (US)
• DowDupont (US)
• Kemin Industries, Inc. (US)
• Phytobiotics Futterzusatzstoffe GmbH (Germany)
• Bluestar Adisseo Company (China)
• Synthite Industries Ltd. (India)
• The Himalaya Drug Company (India)
• Pancosma (Switzerland)
• Dostofarm GmbH (Germany)
• Phytosynthese (France)
• Silvateam S.P.A. (Italy)

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Turf Protection Market Size, Share, Application, Types, Regional Analysis, Forecast To 2024

Market Highlights

Turf protection refers to the protection and maintenance of turfs by using chemical, biological, or mechanical products. The Global Turf Protection Market accounted for a revenue of USD 5.2 billion in 2018 and is projected to register a CAGR of 4.5% during the forecast period of 2019 to 2024. The turf protection industry is expected to offer lucrative opportunities for the vendors active in the global Turf Protection Market Size owing to the rising demand for biological turf protection systems. The innovative bio-based turf protection products are eco-friendly in nature and offer high-performance in protecting turfs from pests and abiotic stress. For instance, Zelto, a bio-based product, was launched by Marrone Bio Innovations, Inc. in January 2018. 

Based on product type, the global turf protection market has been divided into mechanical, chemical, and biological. The chemical segment is expected to garner the largest revenue share in 2018. The dominance of the segment can be attributed to the high usage of synthetic chemicals irrespective of the stringent regulations imposed on their use. Additionally, chemical turf protectants are cost-effective and are highly efficient. However, the biological segment is expected to register the highest CAGR during the forecast period owing to the increasing focus of customers and market players on biological protectants as they are environment friendly.

Key Players

Some of the key players in the global turf protection market are Syngenta AG (Switzerland), Soil Technologies Corporation (US), Epicore BioNetworks Inc. (US), The Andersons Inc. (US), FMC Corporation (US), Lucerne Biotech UK Ltd. (UK), Eco Sustainable Solutions Ltd. (UK), CoreBiologic, LLC (US), Corteva Agriscience (US), Pure AG (US), Backyard Organics, LLC (US), Idemitsu Kosan Co., Ltd. (Japan), TeraGanix, Inc. (US), Evans Turf Supplies Ltd. (New Zealand), and Nuturf Pty. Ltd. (Australia).

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Regional Analysis

The global turf protection market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in North America is projected to dominate the global turf protection market owing to the availability of good infrastructure for turf industry in the region, mainly in the US. Additionally, the adoption of synthetic pesticides and herbicides as cost effective turf protection solutions is also driving the growth of the regional market. However, infrastructure development and the growth of tourism industry in Asia-Pacific is expected to fuel the demand for turfs in the region, which in turn is expected to assist in registering the highest growth rate for the Asia-Pacific turf protection market.

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Agricultural Biologicals Market Size, Share, CAGR Status, Research Report Foresight To 2024

Agriculture Biologicals Market Overview

The Global Agricultural Biologicals Market has been segmented based on type, source, mode of application, application, and region. By type, the global Agricultural Biologicals Market has been classified into biopesticides, biofertilizers, bio-stimulants, and others.  Among these, the biopesticides segment led the Agricultural Biologicals Market in 2017 owing to the rising innovations in biopesticides, cost-effectiveness, and improved yield of harvest. Biopesticides act only on the target pest and don’t affect the fertility of the soil. 

Agriculture biologicals Market Size  are produced from organic sources such as agricultural waste, manure, biological matter, and microorganisms. They offer excellent properties such as stimulating soil microbial function, activating plant physiology, and adjusting nutrients and pH. 

Some of the key players operating in the global Agricultural Biologicals Market are DowDuPont (US), Isagro SpA (Italy), Novozymes (Denmark), Marrone Bio Innovations (US), Bayer AG (Germany), Syngenta (Switzerland), Monsanto Company (US), BASF SE (Germany), Valent Biosciences LLC (US), Koppert B.V.  (Netherlands), Certis USA L.L.C (Colombia), Agrinos (US), and Arysta LifeScience Corporation (US).

Based on application, the global Agricultural Biologicals Market has been classified into cereals and grains, fruits and vegetables, oilseeds and pulses, cash crops, and others. Among these, cereals and grains segment dominated the market in 2017 owing to increasing population and staple diet of emerging economies such as India, China, and Japan. Fruits and vegetable segment is projected to grow at a high CAGR during the assessment period owing to the growing demand for fruits in North America and Europe.

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By mode of application, the global Agricultural Biologicals Market has been segmented into foliar spray, soil treatment, and seed treatment. In 2017, foliar spray treatment dominated the Agricultural Biologicals Market owing to easy absorption of nutrients and good yield. Seed treatment is projected to grow at a healthy CAGR during the review period owing to the increased productivity and cost-effectiveness.

The global Agricultural Biologicals Market is studied for five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The North American market dominated the Agricultural Biologicals Market in 2017 and is projected to continue its dominance during the forecast period. The US is the leading country in the region owing to the presence of leading manufacturers such as Monsanto Company, Agrinos, and Arysta LiveScience Corporation.

The market for Asia-Pacific is projected to grow at the highest CAGR in the coming years and is estimated to show the same trend during the following years. China and India are the prominent countries adopting agricultural biologicals owing to large consumer base and increasing agri-business. Japan and Australia & New Zealand are other countries contributing to the regional market growth.

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Plant Activators Market Size by Players, Type, Application Forecast to 2024

Market Scenario

Plant Activators of biological or chemical origin are substances that help in triggering the defense system in plants during biotic or abiotic stress conditions. The global plant activators market is expected to garner a revenue of USD 880 million by 2024 with a CAGR of approximately 6% during the forecast period of 2019–2024. The major determinant driving the market growth of plant activators is the significant loss of crop production due to various biotic and abiotic stress conditions such as pest attack, drought, heat, and fungal and bacterial diseases. The evolution of farming technologies, along with the increasing adoption of integrated pest management practices are also catalyzing market growth. 

Market Segmentation

The global Plant Activators Market Size has been segmented based on source, form, crop type, mode of application, and region.

Based on source, the market has been segmented into biological and chemical. Biological plant activators offer benefits such as improved crop efficiency, improved nutrient concentration in soil, enhanced growth and yield to plants, and effective insect and pest control. Also, they are less expensive than chemical plant activators. The price of chemical plant activators is rising due to research and development carried out to increase the arability of soil, whereas, biological plant activators offer high yield and with minimal impact on the environment. This accounts for the growth of the biological plant activators segment during the forecast period.

The global plant activators market has been segmented, based on mode of application, into foliar spray and soil treatment. Foliar sprays are directly applied on to crops and are the most widely used mode of application owing to their high effectiveness and ease of application.

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Competitive Analysis

Some of the prominent players in the global market of plant activators are Syngenta (Switzerland), Isagro (Italy), Plant HealthCare (US), Alltech (US), Arysta Lifescience Corporation (US), Nihon Nohyaku Co. Ltd (Japan), Meiji Holdings Co. Ltd (Japan), Certis USA LLC (US), Gowan Company (US), Eagle Plant Protect Private Limited (India), Futureco Bioscience SA (Spain), NutriAg Inc. (Canada).

Regional Analysis

The market has been segmented with respect to five regions—Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. The European market held the largest share of the global market in 2017 and is expected to grow at a significant rate during the forecast period. Asia-Pacific is projected to be the second largest and fastest-growing market during the review period. The North American market is expected to showcase moderate growth, while the markets in Latin America and the Middle East & Africa are expected to grow steadily during the forecast period.

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Wheat Gluten Market Size, Share, Growth Drivers, Business Opportunities, Forecast to 2024

Wheat Gluten Market Introduction

Wheat Gluten Market is plant-derived used in many applications like baking goods, bread, and biscuits, baking mixtures, frozen baked goods, breakfast cereals. Gluten is among the most complex protein networks and plays a key role in determining the rheological dough properties. Additionally, Wheat Gluten market is observing an exponential growth based on its high usage in the feed and bakery industry. The major types of Wheat Gluten available in the market include liquid and powder form type.

Market Forecast

The Global Market for Wheat Gluten Market Size has been experiencing high demand for the last few years and is projected to reach USD 4593.5 million by 2023 compared to USD 2866.1 million in 2017. The growing demand for gluten-fortified breakfast cereals, Non-food uses of gluten in feed industries, improving quality of feed and bakery products are expected to drive the Wheat Gluten market. Increased awareness about the Wheat Gluten has raised the bar for quality of feed and bakery products, which, in turn, has increased the market share of Wheat Gluten globally. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of Wheat Gluten in the global market.

Competitive Analysis

The Major Key Players In Wheat Gluten Market Are:

• Cargill Inc. (U.S.)
• Tereos (France)
• AB Amilina (Lithuania)
• Royal Ingredients Group (Netherlands)
• Permolex International (Canada)
• Pioneer Industries Limited (Punjab)
• Meelunie (Netherlands)

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By Downstream Analysis

On The Basis Of The Form, The Wheat Gluten Market is categorized into liquid and powder. Among them, powder segment accounted for the highest market share of 75.11% in the year of 2017, and the segment is expected to reach USD 3541.7 million with registering a CAGR of 8.65% during the forecast period of 2017-2023.

On The Basis Of Application, The Wheat Gluten Market is categorized into Bakery & Confectionary, Supplements, animal feed and other application. Bakery & Confectionary segment is anticipated to account for the maximum market proportion in the global wheat gluten market over the forecast period of 2017-2023. The segment is projected to reach USD 2123.0 million by the end of 2023. However, supplements segment is projected to register the substantial growth rate of 6.33% during the forecast period 2017-2023.

Regional Analysis

Among the regions, North America is dominating the Wheat Gluten market with over 22.9% of the global market share and is projected to reach more than USD 1115.2 million by 2023. Europe is expected to grow at the highest rate followed by Asia Pacific over the forecast period. Moreover, North America is projected to witness the highest growth rate during the forecast period 2017-2023 in which the U.S. is expected to grow at the highest growth rate. In North America, the U.S. is dominating the market with a leading market share of 42.1% in the year 2017.

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Fishmeal Market Size, Global Research Report, By Growth Analysis, Region, Demand and Supply, Forecast To 2024

Fishmeal Market Overview

Fishmeal Market is a rich source of animal protein, vitamins, minerals, and other growth factors. They are added to feed as a supplement to enhance the feed performance. Fishmeal market is observing an exponential growth based on its high usage in the aquaculture industry. Additionally, increasing demand for protein-rich animal feed and increasing awareness regarding livestock health among the livestock holder is driving the growth of global fishmeal market.

The Global Fishmeal Market Size is increasing due to increase in seafood consumption. Furthermore, improved processing methods and development of high-end technologies has supported the market growth in a positive direction. The market players have enough opprtunity to come up with new and improved products , which has boosted the share of fishmeal in the global market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 7.8% of the fishmeal market during the forecast period, 2017-2023. 

Competitive analysis

The Major Players in The Fishmeal Market

• Oceana Group Limited (South Africa)
• FMC Corporation (U.S.)
• Empresas Copec S.A. (Chile)
• Biomega AS (Norway)
• Croda International Plc. (U.K)
• Pioneer Fishing (Pty) Ltd. (South Africa)
• Omega Protein Corporation (U.S.)
• Calysta, Inc. (U.S.)
• The Scoular Company (U.S.)
• Aker Biomarine Antarctic AS (Norway)

Downstream analysis

The Global Fishmeal Market Is Segmented Into Source And Livestock.

On The Basis Of The Type, it is segmented into salmon, trout, carps, crustaceans, tilapias, and others. Among all the types, the salmon segment is dominating the market followed by trout.

On The Basis Of The Livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the aquatic segment is dominating the market based on increased consumption of marine products globally.

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Regional Analysis

The Global Fishmeal Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the fishmeal market followed by North America. Growing health awareness towards livestock animals and uplifted consumption of aquatic animals have surged the demand for fishmeal. Moreover, increased demand for improved quality animal feed is driving the market of fishmeal in the Asia Pacific region.

Furthermore, the U.K dominates the European fishmeal market. Increased demand for seafood in the European region is likely to boost the fishmeal market over the forecast period. Additionally, the major key players are actively involved in the research & development to enhance the efficiency of animal feed.

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Phytosterols Market Size, Top Key Players, Emerging Trends, Competitive landscape, Growth Forecast To 2023

Phytosterols Market Overview

Growing demand for supplements and food products prepared from plant sources useful for preventing cardiovascular diseases, obesity, and other body weight-related disorders has uplifted the demand for phytosterols. Among all, the beta-sitosterol is being a majorly used ingredient in the preparation of food and supplements. Increasing prevalence of diseases, for instance, cardiac arrest, artery blockage, obesity, and many others has increased the application of phytosterols in various industries such as dietary supplements, pharmaceuticals, and functional food & beverages. 

Phytosterols Market Size help in reduction and management of body weight and prevent disorders like cardiovascular diseases, obesity, and unnecessary body fat deposition. Continuously increasing obesity and other body weight related issues across the globe have turned up an opportunity for supplements and functional food and beverage industry to include plant-derived ingredients in their products, which is driving the growth of the phytosterols market.

Key manufacturers are emphasizing on new product development in order to enhance the customer base. Apart from that, the key players are promoting their products through advertisements in television and social media, which, in turn, is escalating the phytosterols demand. The global phytosterols market is expected to grow at a CAGR of 8.7% during the forecast period, 2017-2023. 

Downstream analysis

The Global Phytosterols Market Is Segmented into Type and Application.

Based on the type, it is segmented into beta-sitosterol, campesterol, stigmasterol, and others. Among all, the beta-sitosterol segment is dominating the market.

Based on the application, it is segmented into food products, pharmaceuticals, supplements, cosmetics, and others. Among all the applications, the food products segment is dominating the market owing to rising demand for phytosterols in various food preparations.

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Key Players

The Major Players in The Phytosterols Market

• Cargill Inc. (U.S.)
• Archer-Daniels-Midland Company (U.S.)
• BASF SE (Germany)
• Bunge Ltd. (U.S.)
• I. du Pont de Nemours and Company (U.S.)
• Raisio Plc. (Finland)
• Pharmachem Laboratories, Inc. (U.S.)
• Gustav Parmentier Handeslgesellschaft GmbH (Germany)
• Arboris, LLC (U.S.)
• Danone (France)

Regional Analysis

The Global Phytosterols Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global market followed by North America. Europe is accounted for a greater consumption of phytosterols in supplements and food preparations owing to increasing rates of obese population and other cardiovascular diseases.

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Furthermore, owing to increasing consumer awareness and high demand for functional food & beverages supplemented with plant-derived products in Asia Pacific countries such as India and China, the phytosterols market is expected to grow at a steady pace. 

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Allergen Free Food Products Market Size, Industry Analysis, Opportunity Assessment, Regional Growth, Forecast To 2023

Market Scenario

Allergen Free Food Products have moved from specialty item to mainstream in a very short span of time. Furthermore, increasing incidence of Celiac diseases (gluten-sensitive enteropathy) is driving the growth of gluten-free food products which in turn boosts the growth of allergen free food products market.

Rising cases of allergies and sensitivity towards certain food ingredients is driving the growth of the Allergen Free Food Products Market Size at a global level. Many individuals are allergic to gluten, lactose or unable to consume high calorie products due to diabetes which has influenced the food manufacturers to produce allergen free food products. 

Segmentation

On the basis of type, allergen free food products is segmented into gluten-free, lactose-free, diabetes food, and others. Among all, lactose-free segment is dominating the market followed by gluten-free segment. However, increasing cases of diabetes among the population is driving the growth of diabetes food products market over the forecast period.

Based on distribution channel, allergen free food products market is segmented into store based and non-store-based distribution channel. Among them, store-based distribution channel is dominating the market. Availability of a wide range of products followed by convenience of finding all products under one roof is driving the growth of this segment.

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Regional Analysis

The global allergen free food products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Growing cases of diabetes and lactose intolerance among the U.S. population is majorly driving the growth of allergen free food products market in this region. In Europe, Germany, France and Belgium are the major contributors of allergen free food products market.

North America is dominating allergen free food products market and is expected to have a substantial growth over the forecast period 2017-2023. The U.S. is a major contributor to the growth of the allergen free food products market. According to the American Diabetes Association, 9.4% of the U.S. population are diabetic patient which is boosting the growth of allergen free food products market in this region. Moreover, the U.S. holds about 25% of the global lactose intolerants which makes it a major market for lactose free products. Growing health conscious population is another factor supporting the growth of allergen free food products in this region. All these factors will lead to the growth of North America market at a CAGR of 9.3% during the forecast period 2017-2023.

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Key Players

Some of the key players profiled in the global allergen free food products market are Abbott Laboratories (U.S.), Nestle (Switzerland), Danone SA (France), General Mills (U.S.), Kellogg Co. (U.S.), Kraft Heinz Company (U.S.), Mead Johnson Nutrition Company (U.S.), Boulder Brands, Inc. (U.S.)

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Distiller’s Dried Grains with Solubles (DDGS) Market Size, Development, Opportunities, And Forecast To 2023

Market Overview

Distiller’s dried grains with solubles is a co-product of ethanol production process or by-product of distillery industry which contains 10-12% moisture content. Distiller’s dried grains with solubles has high amount of protein, carbohydrates, fibers, and other nutrients, which makes it suitable for a reasonable alternative of livestock feed. DDGS is now used to produce dietary rich fiber diet fit for human consumption, this will help in reducing the heart related concerns within the population. Low cost alternative for animal feed is primarily driving the global market for distiller’s dried grains with solubles.

Distiller’s Dried Grains with Solubles (DDGS) Market Size are compounds are used as a low-cost alternative for animal feed, this characteristic property is exploited for manufacturing high quality feed for animals. Distiller’s dried grains with solubles are either co or by products of ethanol and distillery industry respectively. Increased consumption of livestock-based food, industrial expansion of ethanol industries and alternatives to check the waste reduction has increased the demand for DDGS compounds.

Furthermore, need for reasonable alternative for animal feed and dietary fiber rich food for human consumption is driving the growth of the global distiller’s dried grains with solubles market. All these factors are expected to contribute to the estimated CAGR of 5.5% of distiller’s dried grains with solubles market during the forecast period 2017-2023.

Downstream Analysis

Distiller’s dried grains with solubles market is segmented based on source, which includes brewers, bio-fuel plants, others. In this segment, bio-fuel plants are producing the maximum amount of DDGS compounds, increasing production of ethanol is the key factor for this segment.

The global distiller’s dried grains with solubles market is segmented based on application, which includes animal feed, food and beverage industry, others. Among all applications, animal feed industry has shown a high share, because of high demand for an alternative of low-cost animal feed rich in nutrients.

Furthermore, distiller’s dried grains with solubles market has been segmented based on forms, which includes pellets, powder, others. Among all, pellets has the highest market share. Pellets are easy to manufacture and can be formulated as per the consumer needs.

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Competitive Analysis

The major players in the distiller’s dried grains with solubles market

• Archer Daniels Midland (U.S.)
• Globus Spirits Ltd.(India)
• CropEnergies (Germany)
• CHS Inc. (U.S.)
• Nugen Feeds & Foods (India)
• D. HEISKELL HOLDINGS, LLC (U.S.)
• Kent Feeds (U.S.)

Distiller’s dried grains with solubles market is growing rapidly due to increase in the demand for an alternative source of animal feed rich in nutrients. Consumption of fiber rich DDGS compounds by the human population to prevent heart diseases, has uplifted the market opportunities. Increasing R&D activities to mask the effect of volatile compounds present in the distiller’s dried grains with solubles will uplift the market over the forecast period 2017-2023.

Regional Analysis

The global distiller’s dried grains with solublesm market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America region is dominating the distiller’s dried grains with solubles market followed by Europe. In North America, the U.S. and Canada are the major consumers of distiller’s dried grains with solubles. Reduction of industrial waste and raised demand for low cost animal feed with high nutrition has led the growth of the distiller’s dried grains with solubles market in this region.

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Liqueur Market Size, Global Research Development, Trends, Competitive Landscape, Forecast To 2024

Liqueur Market Scenario

The Global Liqueur Market witnesses a thriving growth all over the world. Clearly, there is huge consumer demand, and for a good reason. Liquor stores have shelves lined with a seemingly endless range of flavored vodka, rum, bourbon, and tequila. The main processes of production of Liqueurs are infusions, maceration, and or distillation of herbs, spices, fruits, etc. or just flavored alcohol with highly concentrated extracts.

Market players strategies to launch a new product is also encouraging the growth of the Liqueur Market Size. Innovations in distillation techniques and increasing consumer preferences help in market expansion. Besides, substantial initiatives in R&D to develop a new technology or distinctive tastes and flavors drive the growth of the global liqueur market. Rapidly growing youth population and the increasing disposable income impacts the market growth, positively.

Industry/ Innovation/ Related News:  

August 28, 2019 ----- Pernod Ricard (France), a leading global producer of wines & spirits announced the acquisition of Castle Brands (the US), a leading global developer and marketer of premium & super premium alcoholic beverages. Through this acquisition, a great brand portfolio Jefferson’s bourbon whiskey, is adding to the Pernod Ricard family. Bourbon is a major category in the US which is the most important market for Pernod. 

This deal aligns well with Pernod’s consumer-centric strategy to offer its consumers the broadest line-up of high-quality premium brands. As with Pernod’s American whiskeys, it would provide a reliable route to market, while remaining true to its authentic and innovative character.

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Major Players: 

Players leading the Liqueur Market include Beam Suntory, Inc. (US), Bacardi Limited (Bermuda), The Brown–Forman Corporation (US), Davide Campari-Milano S.p.A. (Italy), Diageo plc (UK), Girolamo Luxardo S.p.A (Italy), Amarula Cream (South Africa), Lucas Bols BV (Netherlands), Empee Distilleries (India), Pernod Ricard SA (France), Mast-Jägermeister SE (Germany), Remy Cointreau (France), United Breweries Holdings Limited (India), DeKuyper Royal Distillers (France), and Globus Spirits Ltd. (India), among others.

Global Liqueur Market – Regional Analysis

North America dominates the global Liqueur Market due to the high disposable income in the region. The rising demand for Liqueur from the hospitality industry and as well as households, is a key driving force. Furthermore, relaxation in liqueur production regulations is expected to support the regional market in creating larger revenue pocket.

The region would hold on to its dominance over the global Liqueur Market throughout the forecast period.

Europe is another lucrative market for liqueurs, globally. The presence of key market players and high consumption of the liqueurs in these regions is a significant tailwind thrusting the regional market forward. Besides, rising per capita income and liqueur enthusiasts, alongside, the influence of media industry impacts the regional market growth positively.

Liqueur Market –   Competitive Analysis

Fiercely competitive, the Liqueur Market appears to be fragmented due to the presence of several large and small-scale players. Growth in terms of product innovations and distillation techniques and technologies are also expected to create strong investment opportunities for these players. Focused on improving their market performance, these players acquire promising companies to expand in the fast-growing markets. 

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Hydroponics Market Size, Share, Application Analysis, Growth Trends, Restraints, Market Challenges Forecast To 2024

Market Synopsis:

According to Market Research Future (MRFR)’s latest study, the global hydroponics market is set to expand at a healthy CAGR of 6.39% during the forecasted period 2015 to 2022. The valuation of the hydroponics market is expected to reach USD 27.29 Bn by the end of 2022. The depletion of natural resources and exponential increase in the population have accelerated the adoption of hydroponics. It helps in the cultivation of crops without soil by using nutrient solutions in a water solvent.

The need for a proportionate increase in food supply against the population explosion has catalyzed the growth of the Hydroponics Market Size globally. Furthermore, it offers improved yields and high returns on investments. These factors are anticipated to significantly drive the expansion of the global hydroponics market over the next few years.

Market Segmentation:

For a comprehensive study of the hydroponics market, it has been segmented on the basis of type, which includes tomato, lettuce, cucumber, pepper, and others. The tomato segment is currently dominating the global market and is projected to retain its dominance through the forecast period.

Regional Insights:

The global hydroponics market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe has the largest market presence of hydroponics. It is projected to grow from USD 9.8 Bn in 2014 to USD 13.38 Bn towards the end of 2022 in terms of crop value. The regional market is poised to strike a CAGR of 5.28% through the forecast period.

Asia Pacific is likely to exhibit moderate growth throughout the projection period. India is a promising country-level hydroponics market and is prognosticated to contribute substantially towards the growth of the regional market.

Competitive Landscape:

Some of the key players profiled in the report are Village Farms International, Pegasus Agritech, American Hydroponics, James Foskett Farms. Terra Tech, Thanet Farms, Growlife, and General Hydroponics.

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Industry News:

In October 2018, Box Greens, a Miami-based company that retrofits containers into portable hydroponic farms, has introduced Farm-in-a-Box Concept to Miami.

In November 2018, the Drew Mathieson Center, the U.S., has planned on developing its workforce training through hydroponics.

In November, Australia-based THC Global Group Limited has changed its name from The Hydroponics Company Ltd. The change of name was approved on the 15^th of November, 2018 with the ticker remaining as THC.

In November 2018, Prince Edward, Earl of Wessex, inaugurated the 'The Earl of Chester Hydroponics Unit’ by the Bridge Community Wellness Gardens and Farm. It is the first of its kind in Cheshire, North-West of England.

In November 2018, IKEA, a dealer in home accessories, has new hydroponic cultivation kit for indoor cultivation of herbs and vegetables.

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