COVID-19 Impact On Fertilizer Additives Market Overview, Analysis, Future Growth, Business Prospects by 2023

 Market Overview:

Fertilizer additives are supplemented with fertilizers in order to enhance its functionality. The increasing demand for agricultural products coupled with the high demand for essential nutrients and superior quality fertilizers has uplifted the demand for the fertilizer additives. These additives are used as an anti-foaming, anti-caking, de-dusting, and hydrophobic agents.

The global Fertilizer Additives Market Overview is growing due to increasing population coupled with increasing demand for food. In addition to the increasing population, growing demand for food, increase in the crop production, soil efficiency, and high-quality yield is expected to drive the fertilizer additives market. Additionally, increasing awareness regarding fertilizer additives has raised the bar for quality, which, in turn, has increased the market share of fertilizer additives globally. Mass market penetration is leading to the introduction of new products based out of fertilizer additives and their retail across various regions.

Downstream analysis:

The global fertilizer additives market is segmented into type, form, and function.

Based on the type, it is segmented into ammonium nitrate, ammonium sulfate, mono-ammonium phosphate, di-ammonium phosphate, triple superphosphate, urea, and others. Among all, the urea fertilizer additives segment is dominating the market.

Based on the form, it is segmented into powder, granular, prilled, and others. The powdered segment is dominating the market.

Based on the function, the fertilizer additives market is segmented into anti-foaming agent, anti-caking agents, corrosion inhibitors, hydrophobic agent, de-dusting agent, and others. Among all the functions, the anti-caking segment is dominating the market.

Competitive analysis:

The major players in the fertilizer additives market

• ArrMaz Custom Chemicals, Inc. (U.S.)
• Holland Novochem B.V. (the Netherlands)
• Kao Corporation (Japan)
• Clariant AG (Switzerland)
• Hubei Forbon Technology Co. Ltd. (China)
• Michelman, Inc. (U.S.)
• Filtra Catalysts & Chemicals Ltd. (India)
• Chemipol SA (Spain)
• Amit Trading Ltd. (India)
• Tolsa SA (Spain)

Regional Analysis:

The global fertilizer additives market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the fertilizer additives market followed by North America owing to rising population followed by increasing consumption of agricultural products in the developing regions. Moreover, agriculture is the key business in India, which is anticipated to drive the fertilizer additives market over the forecast period.

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Furthermore, the U.S. dominates the North American fertilizer additives market owing to increasing consumer awareness and growing demand for fruits, vegetables, cereals, pulses, and other crops, which is anticipated to boost the growth of the fertilizer additives market during the review period.

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COVID-19 Impact On Feed Additives Industry Business Strategy, Region, Application, Forecast To 2023

 Market Scenario

Feed Additives Market is expected to garner a revenue of USD 39,432.9 million by 2023, with a CAGR of 5.96% during the forecast period from 2017 to 2023. 

Global Feed Additives Industry have gained prominence across the globe as they help to improve the quality and the quantity produced by the animals. With changing lifestyle, increasing preferences of the consumers towards natural products and healthy diet, and augmenting meat consumption are driving the feed additives market throughout the assessment period. The rapid increase in the global population and their rising health concerns coupled with the growing awareness regarding the benefits of feed additives are likely to foster the market growth globally. 

Competitive Dashboard

The prominent players operating the global feed additives market are Alltech Inc. (U.S.), Evonik Industries (Germany), Cargill Inc. (U.S.), Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), Danisco A/S (Denmark), and Adisseo France SAS (France).

Feed Additives Market: Segmental Analysis

The global feed additives market has been segmented based on type, form, and livestock.

By mode of type, the global feed additives market has been segmented into vitamins, amino acids, enzymes, carotenoids, acidifiers, prebiotics, lipids, minerals, and others. Among these, the amino acids type is estimated to dominate the global market and is predicted to hold a major share.

By mode of form, the global feed additives market has been segmented into dry and liquid. Among these, the dry segment is predicted to dominate the market, occupying a share of 87.45% as most of the additives used are available in dry form. Moreover, the high shelf life of the dry segment highly contributes to the market growth.

By mode of livestock, the global feed additives market has been segmented into swine, poultry, ruminants, and others. Among these, the poultry segment is predicted to dominate the market owing to the increasing demand for poultry especially in regions such as Latin America and the Middle East.

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Regional Insights

Geographically, the feed additives market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region is predicted to dominate the global feed additives market, while grabbing a major market share of 35.80%. China is considered to be a major contributor in this region, closely followed by India owing to the rapid urbanization and strong economic outlook. With the presence of a large livestock population, the market in this region is predicted to foster. Also, the increasing number of feed mills are influencing the market growth to a large extent. Additionally, lenient regulations also contribute towards the augmenting demand and thereby encourages the foreign players to invest. This makes the industry more competitive.

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COVID-19 Impact On Silage Additives Market By Application, Size, Share, Trends, Forecast to 2023

 Silage Additives Market Overview

Silage Additives Market are important for animal nutrition as they are means to improve silage quality and control the preservation process, so that it can be used further for feeding livestock which is supporting the market growth. Increased focus on enhancing feed utilization and improvising animal health are driving the growth of Silage Additives Market By Application. Additionally, rising consumption of biofuels is driving the growth of silage additive market especially in the developed countries. Moreover, increasing demand for meat consumption due to incessant rise in population, changing lifestyle and cultural trends is boosting the market of silage additives. Industrialization of stock and animal protein industry followed by growing requirement of animal protein is a key factor in the growth of silage additives market.

Competitive Analysis

The major key players in the Silage Additives Market

• Archer Daniels Midland Company. (U.S.)
• ADDCON GROUP GmbH. (Germany)
• Cargill Inc (U.S.)
• Evonik Industries AG (Germany)
• BASF SE (Germany)
• Brett Brothers Ltd. (Ireland)
• LALLEMAND Inc. (Canada)

High focus on R&D is increasing the innovations in animal nutrients products. This is backed up by the changing lifestyle and inclination towards meat consumption among the consumers. Moreover, government regulations supporting clean energy have opened doors for the new entrants in this industry.

Downstream Analysis               

Based on additives, Silage Additive Market is segmented by inoculants, acid additive, absorbents, nutrients and others. Among these, inoculants dominate the market as it comprise of anaerobic lactic acid bacteria which is used to increase the fermentation rate in silage. High cost of forage and the rise in the cost of feed inputs have raised the market for silage inoculants.

Based on the crop type which includes corn silage, alfalfa silage, clovers silage and others; corn silage is dominating the market. North America is projected to have high consumption of corn silage.

Regional Analysis

Global Silage Additives Market is segmented into Europe, North America, Asia Pacific, and rest of the world (RoW). North America is projected to dominate the market followed by Europe. The rising awareness of animal protein among the consumers and availability of latest technologies for innovations in animal nutrient products are driving the market growth of North America. Furthermore, Asia Pacific is expected to witness growth during the forecast period 2017-2023 owing to rising industrialization of meat. China, India and Japan are the major markets contributing to the growth of Asia Pacific market.

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COVID-19 Impact On Egg Replacers Industry Growth, CAGR Status, Sales Volume, Size, Opportunities by 2023

 Egg Replacers Market Scenario

The global Egg Replacers Market is profiled in detail in the latest report from Market Research Future (MRFR), which profiles the market’s leading growth drivers and restraints, major players, and key segments. Thus, a comprehensive view of the global Egg Replacers Market is provided in the report to readers.

Egg Replacers are used in various culinary applications to replace eggs in their role as an emulsifier. Eggs play a vital role in several preparations, especially bakery preparations, by making the product more consistent and stable. However, the growing popularity of the vegan movement and the growing demand for eggless alternatives from vegetarian demographics is likely to drive the global Egg Replacers Industry Growth over the forecast period. Egg replacers can be of various types but provide a similar function by enabling solid consistency in the respective product.

Competitive Analysis

Leading players in the global Egg Replacers Market include Puratos, Ingredion Incorporated, Arla Foods, Corbion, E.I. DuPont de Nemours and Company, Tate & Lyle plc, and Archer Daniels Midland Company.

Industry Update

In March 2019, Grupo Mantiqueira, the largest egg producer in South America, came up with a pea protein-based egg replacer to cater to the growing vegan demographic in Brazil. The product, called N.Ovo, is aimed at fulfilling the growing demand for plant-based ingredients in South America.

Segmentation

The global Egg Replacers Market is segmented based on raw material/source, form, application, and region in the report.

The Egg Replacers Market has been segmented based on raw material into dairy protein, starch, soy-based products, algal flour and yeast extracts, and others. Dairy protein dominates the global Egg Replacers Market at present but is likely to be overshadowed by the soy products segment over the forecast period, as soy products can also be consumed by the lactose intolerant demographic.

Based on application, the Egg Replacers Market is segmented into bakery and confectionery, savories and snacks, sauces and spreads, and others. The bakery and confectionery segment is likely to dominate the global Egg Replacers Market over the forecast period due to the growing demand for vegan products in the bakery products industry.

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Regional Analysis

Asia Pacific is likely to dominate the global Egg Replacers Market over the forecast period due to the cheap raw material and production costs in the region. The relatively lax regulations in the region are also conducive to steady growth of the egg replacer market. The widespread prevalence of avian influenza in Asia Pacific, especially Southeast Asia, is also likely to be a major driver for the Egg Replacers Market in the region over the forecast period.

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COVID-19 Impact On Frozen Yogurt Market Growth, Trends, Business Opportunity and Forecast To 2024

 Frozen Yogurt Market Analysis 

 The Frozen Yogurt Market is anticipated to touch USD 8.65 billion at a 4.5% CAGR between 2019-2024, states the latest Market Research Future (MRFR) report. Frozen yogurt, also popularly known as froyo or frogurt, is a frozen dessert that is prepared with yogurt and at times, other non-dairy and dairy products. 

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The frozen yogurt ingredients may vary between brands, yet the main ones include milk (powdered milk (milk solids) or liquid milk, yogurt cultures which are good bacteria such as streptococcus thermophilus and lactobacillus bulgaricus, and sugar (mostly regular table sugar or sugar substitutes such as agave nectar). There are some that contain stabilizers and flavorings to improve their texture and taste. 

Key Players 

Notable players profiled in the Frozen Yogurt Market report include Chobani, LLC (US), Twisted Frozen Yoghurt (Australia), Wells Enterprises (US), Frosty Boy (Australia), Unilever (UK), Danone (France), 16 Handles (US), Red Mango, LLC. (US), Yogurtland Franchising, Inc. (US), Gujarat Cooperative Milk Marketing Federation Ltd (India), General Mills, Inc. (US), Kahala Franchising, L.L.C.(US), Menchie's (US), Nestlé SA (Vevey, Switzerland), and TCBY (US).

Market Segmentation 

The Market Research Future report provides an all-inclusive segmental analysis of the Frozen Yogurt Market based on the distribution channel, product type, and category. 

By Category, the Frozen Yogurt Market is segmented into lactose-free and conventional.

By Product Type, the Frozen Yogurt Market is segmented into low-fat, fat-free, and full-fat.

By Distribution Channel, the Frozen Yogurt Market is segmented into non-store based and store based. 

Regional Analysis 

By region, the Frozen Yogurt Market report covers the latest trends and growth opportunities across the Asia Pacific, North America, Europe, and the Rest of the World. Of these, North America will have lion’s share in the market during the forecast period. Factors pushing the growth of the Frozen Yogurt Market in the region include the presence of several key players in the region that are offering innovative products, constant creation of new flavors, easy availability of yogurt in different flavors, demand for low-calorie desserts, and growing awareness about the health benefits of frozen yogurt.

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The Frozen Yogurt Market in the APAC region will have the highest CAGR during the forecast period. Factors pushing the growth of the Frozen Yogurt Market in the region include the burgeoning demand for frozen desserts, demand for desserts that are lactose-free, and availability of frozen yogurt in different flavors.

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COVID-19 Impact On Savory Biscuits Market Outlook, Demand by Regions, Future Analysis Forecast To 2024

 Market Scenario

The Global Savory Biscuits Market is projected to grow at a significant rate of 5.2% from 2019 to 2024 to reach a market value of USD 66 billion by the end of 2024. The market for savoury biscuit is growing pervasively with the augmenting demand for the convenience food, and the increasing globalization. 

Consumers are increasingly becoming health conscious with the well-spread awareness towards the organic and low-calorie products which is also driving the demand for high fiber and organic food product. Savory Biscuits Market Outlook fortified with fiber are more popular followed by organic savoury biscuits. Market players are gradually exploring new regional flavors, healthy ingredients such as flaxseed, carom, spinach etc. to gain the interest in different type of consumers.

Global Savoury Biscuit Market – Segment

The global savory biscuits market has been segmented based category, ingredients, distribution channel, and region.

The global savory biscuits market has been classified, based on category, into gluten-free and conventional.

The global savory biscuits market has been divided, based on ingredients, into wheat, oats, millets, multigrain, and others.

The North American savory biscuits market has further been segmented into the US, Canada, and Mexico.

The European savory biscuits have been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.

Key Players

Some of the leaders driving the global savoury biscuit market include Britannia (India), Parle (India), The East India Company (UK), Nestlé (Switzerland), CEEMEA (UK), Burton's Foods Ltd. (UK), United Savoury Biscuit (UK), Lotus Bakeries NV (Belgium), Kellogg Co. (US), and Walkers Shortbread Ltd (UK).

Global Savoury Biscuit Market – Regional Analysis

The North American region is expected to retain its dominance over the global savoury biscuit market attributing to the burgeoning food and bakery items industry in the region. Also, the upsurge in the popularity of these biscuits is expected to drive the market growth in the region.

The market in the Asia Pacific region is emerging as another lucrative market for savoury biscuit. Several major companies are targeting APAC as a potential market for investments in the savoury biscuit market due to potential demand scenario.

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Global Savoury Biscuit Market – Competitive Landscape

The market appears highly competitive and diversified characterized by the presence of several large and small players. To sustain in the market while gaining the competitive edge, these players invest heavily in the R&D, global expansion, advanced technologies, and in the product launch. Players are tapping the growing markets for expansions.

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COVID-19 Impact On Seed Treatment Products Market Overviews, Demand, Segments, Future Forecast To 2025

 Market Highlights

Global Seed Treatment Market is Projected to Be Valued at USD 13,814.0 Million by 2025, Expanding at a 10.10% CAGR During the Forecast Period.

The global Seed Treatment Products Market is likely to grow at a notable pace during the forecast period. The demand for seed treatment has been increasing across the globe over the last few years, driving market growth. Seed treatment is a cost-effective approach compared to any other crop protection methods, which is projected to act as a significant driver for the growth of the global seed treatment market. However, unfavorable climatic conditions are expected to restrict the growth of the market. The increasing adoption of organic farming practices in emerging economies offers a lucrative opportunity to seed treatment manufacturers.

Key Players

Prominent Players in the Global Seed Treatment Market include Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Sumitomo Chemical Co., Ltd (Japan), Nufarm (Australia), DuPont de Nemours, Inc. (US), FMC Corporation (US), ADAMA Agricultural Solutions Ltd (China), Croda International Plc (UK), and UPL Limited (India).

Key Findings of the Study

The global seed treatment market is projected to register a growth rate of 10.10% from 2019 to 2025. Surging demand for treated seeds is projected to propel the growth of the global seed treatment market.

By type, the chemical segment is estimated to retain its prominent share by 2025, whereas the non-chemical segment is anticipated to register a higher growth rate of 10.87% during the forecast period.

Segmental Analysis

The seed treatment market has been categorized based on type, application technique, function, crop type, and region.

By type, the global market has been segmented into chemical and non-chemical. The non-chemical segment is further divided into biological and physical. The chemical segment accounted for the larger market share in 2018, while the non-chemical segment is expected to exhibit a higher CAGR during the review period. In chemical seed treatment, fungicides or insecticides are applied to the seeds to control the diseases associated with seeds and seedlings. 

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Regional Analysis

By Region, the seed treatment market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America held the largest share of the seed treatment market in 2018. The region accounted for a 30.17% share of the market in 2018. The seed treatment market in North America, particularly the US, has experienced an extensive structural change and transition in the last few years. 

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