Agriculture Market Demand: August 2020

Thursday, August 27, 2020

COVID-19 Impact On Dairy Blends Market Report, Consumption Status, Production, Regions, Report By 2023

Dairy Blends Market Scenario

Dairy blends are usually prepared by blending cream or butter and other non-dairy ingredients such as cocoa, vegetable oil, almonds and many others. Dairy blend products contain protein, vitamins, and essential minerals. It is an inexpensive alternative to dairy products and is applicable in various industries, such as frozen dessert, chocolate and confectionery, food and beverages.

Global Dairy Blends Market Report has been experiencing high demand for the last few years and is projected to reach USD 3,750 million by 2023 compared to USD 2,599 million in 2017. Health benefits associated with dairy blends products is creating a positive impact on the health-conscious population. Moreover, high prices of dairy products globally have influenced the consumers to shift in their preference for dairy alternatives which is boosting the growth of the market. Additionally, there is an increasing demand for dairy blends in emerging economies which creates a huge potential for the dairy blends market.

By Downstream Analysis

On the basis of the type, dairy blends market is segmented into the dairy mixture, dairy/non-dairy ingredients, dairy as a functional ingredient, dairy as a carrier, and others. Among the type, dairy/non-dairy ingredients are estimated to account for the major market proportion of 35.89% in the year of 2017. However, dairy as a carrier segment is projected to be the fastest growing segment during the forecast period of 2017-2023.

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On the basis of the application, it is segmented into bakery & confectionery, ice cream & frozen dessert, infant nutrition, & baby food, sweet & savory snacks, beverages, dietary supplements, meat & seafood, and others. Among them, ice cream & frozen desserts segment are dominating with the market share of 27.89% in the year 2017. However, bakery & confectionery segment is anticipated to be the fastest growing segment during the forecast period of 2017-2023.

Competitive Analysis

The major key players in dairy blends are:

Kerry Group PLC(Ireland)
Cargill Inc. (U.S.)
Fonterra Co-operative (New Zealand)
Royal Frieslandcampina N.V. (The Netherlands)
AAK Foodservice (U.S.)
Cape Food Ingredients (South Africa)
Galloway Company (U.S.)
Agropur Cooperative (Canada)
AFP advanced food products llc (U.S.)
Dohler GmbH (Germany)

Regional Analysis

APAC is dominating the dairy blends market with over 34.41% of the global market share and is projected to account for a share of more than USD 1,395 million by 2023. India is expected to grow at the highest rate, followed by Japan and China, through the forecast period.

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North America is projected to witness a substantial growth rate, followed by APAC region, during the forecast period. Canada is estimated to grow at the highest rate, followed by Mexico, through the review period.

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Tuesday, August 25, 2020

COVID-19 Impact On Catalyst Fertilizer Industry Overview, Growth Factors, Global Industry Overlook During Forecast To 2023

Catalyst Fertilizer Market Synopsis

The Global Catalyst Fertilizer Market is expected to exhibit a stable 2.56% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global Catalyst Fertilizer Market is profiled in detail in the report, which provides a detailed analysis of the market’s leading historical growth drivers and restraints as well as leading players operating in the market, providing the readers with a comprehensive analysis of the competitive landscape of the market as well as the market’s economic background. The leading drivers and restraints affecting the global Catalyst Fertilizer Industry Overview likely to have a lasting impact on the market over the forecast period are profiled in detail in the report.

The growing production in developing regions such as Asia Pacific is likely to boost the fertilizer industry in these regions, as the growing population leads to a growing demand for food crops. The rising agriculture industry in these regions is likely to drive the demand for catalysts in fertilizers in order to boost the production of fertilizers. The rising technological sophistication in the agriculture industry in the region is also likely to be a major driver for the catalyst fertilizer market, as new and improved methods of fertilizer production are likely to be embraced by the fertilizer industry in the region in the coming years.

Competitive Analysis

Leading fertilizer catalyst manufacturers include Clariant (Germany), Haldor Topsoe (Denmark), Project & Development India Ltd. (India), Johnson Matthey (UK), N.E. Chemcat (Tokyo), LKAB Minerals AB (Sweden), Quality Magnetite (US), QuantumSphere, Inc. (US), DowDuPont (US), Oham Industries (India) and others.

Segmentation

The global Catalyst Fertilizer Market is segmented based on manufacturing process, metal group, application, and region.

By Manufacturing Process, the global fertilizer catalyst market is segmented into contact process, Haber-Bosch process, and others. The Haber-Bosch process segment is expected to dominate the global Catalyst Fertilizer Market due to the growing production of ammonium fertilizers.

By Application, the Catalyst Fertilizer Market is segmented into nitrogenous fertilizers and phosphatic fertilizers. The nitrogenous fertilizers segment is likely to dominate the global Catalyst Fertilizer Market over the forecast period.

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Regional Analysis

Asia Pacific is expected to be the fastest growing and largest regional market in the global catalyst fertilizer market, followed by Europe. Rising awareness among farmers regarding crop fertilizers is likely to be a major driver for the Catalyst Fertilizer Market in Asia Pacific over the forecast period. The high availability of base metals in Asia Pacific is also a major driver for the Catalyst Fertilizer Market in the region. North America holds the third largest share in the global catalyst fertilizer market.

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Thursday, August 20, 2020

COVID-19 Impact On Agricultural Disinfectant Type Market Research, Competitor Strategy, Industry Trends, And Forecast To 2023

Market Scenario:

The global Agricultural Disinfectants Market is anticipated to reach a significant valuation and capture a CAGR of 3.9% over the forecast period of 2017-2023, as per a research report published by Market Research Future (MRFR). To meet the demands of the multiplying population and increase farm productivity, agricultural practitioners are using disinfectants for crop protection which is a primary driving force behind the market growth. In addition, deterioration of water quality and environmental constraints too boosts the market growth. High disease outburst among livestock along with high demand for meat products contributes to the market growth significantly. The ban on the use of antibiotics in animal feed is also a driver of the market.

Segmentation

The global Agricultural Disinfectant Type Market has been segmented based on type, form, application, and end use. By type, the market has been segmented into hypochlorites & halogens, oxidizing agents & aldehydes, quaternary ammonium compounds & phenols, and others. The quaternary ammonium compounds and phenols segment is leading the market and is projected to grow at a relatively higher rate. By form, the market has been segmented into powder, liquid, and others. The liquid segment is expected to be the fastest growing segment owing to its soaring popularity because of easy usage and comparatively low cost. By application, the market has been segmented into surface, aerial, water sanitizing and others. The surface segment is leading the market followed by water sanitizing segment. By end-use, the market has been segmented into agricultural farms and livestock farms.

Regional Analysis

The global agricultural disinfectants market spans across the regions of North America, Europe, Asia Pacific and the Rest of the World (RoW). North America is dominating the global agricultural disinfectants market owing to the robust demand for agricultural disinfectants in countries like the US and Mexico and concentration of major market players in the region. Europe is the second largest market for agricultural disinfectants owing to increasing livestock diseases in the region.

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Competitive Landscape

The global agricultural disinfectants market is highly competitive with the presence of various established players. The market participants are trying to gain a substantial edge over the market by indulging in various strategic moves such as new product launches, merger and acquisitions.

The notable players in the global agricultural disinfectants market include The Dow Chemical Company (U.S.), The Chemours Company (U.S.), Stepan Company (U.S.), Neogen Corporation (U.S.), Nufarm Limited (U.S.), Zoetis (U.S.), and Thymox Technology (Canada).

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Tuesday, August 18, 2020

COVID-19 Impact On Peanuts Industry Value, Analysis, Size, Share, Growth, Trends, Forecast To 2023

Peanuts Market Overview

The Peanuts Market around the world has been witnessing a significant boom in the past few decades, not only due to the rising popularity of peanut butter and groundnut oil, but also due to the extensive studies in nutrition that have pointed out that regular consumption of peanuts can be actually be beneficial to health.

Global Peanuts Industry Value has been shown to a complete food with adequate content of carbohydrates high in good oils, protein, vitamins and minerals. Food scientists have been breeding healthier peanut varieties, with high oleic traits. High oleic is a monounsaturated oil, which can increase the shelf life of peanuts and peanut products by up to six months besides having added health benefits. Rising awareness about peanut nutrition will considerably contribute towards the expansion of peanuts market. Peanuts growing techniques are also being enhanced so that crop production increases every year. It works as an advantage to the peanut industry that it is very difficult to have a complete failure in peanuts harvest.

Competitive Landscape

Some of the most well-known names in the peanuts market include Olam International, Kraft Foods Inc., Star Snacks Co., LLC, Virginia Diner, Diamond Foods, Inc., Hampton Farms, Inc. and Archer Daniels Midland.

Segmentation

Peanuts market is segmented based on form, application and distribution channel.

Based on Form peanuts market is classified as raw, blanched, roasted, powder and others. Among these the raw form is expected to hold the largest share in the peanuts market due to its necessity in various other application of peanuts derived products.

Based on Application peanuts market has a plethora of classification some of which are peanut butter and spreads, bakery and confectionery, peanut bars, culinary purpose, dairy products, oils etc. Based on application the largest market share is held by oil production followed by bakery and confectionery.

By Distribution Channel, peanuts market segmentation includes convenience stores, hypermarkets and supermarkets, e-commerce and others. Estimates show that majority of the peanuts products are bought in convenience stores and supermarkets.

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Regional Analysis

The peanuts market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Asia Pacific holds a dominant position in the peanuts market due to the presence of large peanuts exporting countries such as India, China and Australia. This is followed closely by North America. With the rising recognition of the health benefits that peanut, and consumption of most peanut derived products have to offer are the chief driving forces for the growth of the peanuts market in every part of the world.

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Friday, August 14, 2020

COVID-19 Impact On Eubiotics Market Share, Regional Outlook, Competitive Strategies and Forecast To 2023

Eubiotics Market Overview

The Global Eubiotics Market is anticipated to be driven by the increasing health awareness towards livestock. Also, the advancement in product development coupled with the technological improvements is the significant reasons for the increasing growth of Eubiotics Market during the forecast period. Additionally, the market players are responding to these new opportunities by expanding their service offerings, which has fueled up the share of eubiotics as a feed additive in the global market.

Global Eubiotics Market Share are feed additives that contain prebiotics, probiotics, organic acids and essential oils. It is used to enhance the functionality of feed. Eubiotics help in improving micro-floral conditions of the gut and increasing the lactose tolerance limit, consequently supporting in healthy growth of the animal.

Downstream Analysis

Eubiotics are segmented based on type, which includes probiotics, prebiotics, and others. Among all, the probiotics segment holds the major market share owing to its high efficacy.

Based on form, the Eubiotics Market is segmented into dry and liquid. Liquid eubiotics can be easily mixed in the feed; this makes it more convenient for the livestock to consume.

Based on function, the Eubiotics Market is segmented into gut & digestive health, general health & wellness, immunity, and others. Among all the functions, gut & digestive health is dominating the market because of its micro-floral support to the animals to combat against diseases.

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Based on the livestock, the market is segmented into poultry, swine, ruminants, aquatic, and others. In this segment, poultry is dominating the market owing to high protein content in eubiotics which increases the growth rate of poultry birds.

Competitive Analysis:

The major players in Eubiotics Market

I. du Pont de Nemours and Company (U.S.)
Koninklijke DSM N.V. (the Netherlands)
Novozymes A/S (Denmark)
Chr Hansen Holding A/S (Denmark)
Calpis Co., Ltd. (Japan)
Kemin Industries, Inc. (U.S.)
Behn Meyer Holding AG (Germany)

Regional Analysis

The global Eubiotics Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global Eubiotics Market. The foremost reason for this growth is increasing awareness regarding livestock health in this region. Additionally, increased consumption of eubiotics associated with gut health support in the developed counties like Germany, France, the U.S., Canada and Mexico is expected to uplift the global Eubiotics Market over the review period.

However, in Asia Pacific region, mainly emerging economies including China, India, and Indonesia is estimated to witness a maximum growth in the global Eubiotics Market over the forecast period 2017-2023.

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Wednesday, August 12, 2020

COVID-19 Impact On Cheese Industry Current Share, Leading Key Player, Attractive Segmentation and Business Overview 2023

Cheese Market Overview

The Global Market for Cheese has witnessed continued demand during the last few years and is projected to reach 29,398.75 kilo tons by 2023, at a CAGR of 3.90% by 2023. Cheese is derived from the processing of curd which is further ripened to give peculiar texture, flavor and aroma to the product. The production of cheese involves enzymatic and acid activities. The ageing of cheese gives the desired final product. Cheese is derived from various milk sources including cow, buffalo, sheep and goat.

The global Cheese Industry has witnessed continued demand during the last few years and is projected to reach 29,398.75 kilo tons by 2023, at a CAGR of 3.90% by 2023. Increase in demand of cheese-based snacks across various countries is likely to drive the global cheese market backed up by shifting consumption pattern and increased demand for fast food snacks and bakery products.

Fresh cheese will witness the higher growth rate (~5.01%). By 2023, fresh cheese among the various cheese types is projected to grow the most due to its high consumer’s preference and increased demand from cheese processing manufacturers. Hard cheese share will also witness a steady growth and will contribute to the second largest market volume after fresh cheese. The application of fresh cheese in not only in food industries but also in household food preparations is likely to contribute to the market share of fresh cheese majorly in the Europe region.

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By Downstream analysis

By 2023, whole cow milk sourced cheese will reach more than 19,000 kilo tons with CAGR of 4.37%. The high vitamin and calcium content of cow milk is creating the huge demand of whole cow milk for cheese preparation in the market. Consumer’s satisfaction relies on consumption of whole form of Cheese to ensure the better nutrient content of cheese than cheese obtained from other sources.

Key Players

The leading market players in the global Cheese market primarily are Land O'Lakes, Inc. (U.S.), Kerry Group Plc (Ireland), Lactosan A/S (Denmark), Arla Foods (Denmark), Aarkay Food Products Ltd (India),Dairiconcepts, L.P. (U.S.), Kanegrade Limited (U.K.), The Kraft Heinz Co. (U.S.), FrieslandCampina (Netherlands), Dairy Farmers of America Inc. (U.S.)

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Regional Analysis

Europe will continue to dominate the Cheese market with more than 50% market share and it is projected to reach more than 17,000 kilo tons with CAGR of 3.45% by 2023. North America will witness the second highest growth rate (~3.27%) during forecast period 2017 to 2023. Asia-Pacific region will witness the growth of 2.51% in Cheese market for the same period. Growing popularity of consumption of various flavored cheese is driving the market growth of cheese globally. Changing lifestyle and shifting consumption pattern in Europe region is playing a key role in the cheese market growth from last few years.

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Monday, August 10, 2020

Macadamia Nuts Market Size, Share, Industry Demand Set for Rapid Growth Status, Business Strategy, Forecast To 2023

Macadamia Nuts Market Overview

Macadamia nuts contain minerals, amino acids, vitamin B-complex, and trace elements. They are mainly used in various food products such as frozen desserts, bakery products, and snacks. Macadamia integrifolia oil has a similar composition to olive oil and contains about 58% monounsaturated fatty acids and is thus considered healthy due to the low cholesterol content. The oil also maintains the balance between omega-6 and omega-3 fatty acids, thereby maintaining proper blood circulation. Macadamia nuts and oils are also used in the manufacture of personal care products due to their high vitamin content. Thus, the demand for macadamia nuts is soaring globally.

Asia-Pacific is expected to be the largest Macadamia Nuts Market Size during the review period owing to the presence of leading food producers in the region. Australia is one of the main commercial growers of macadamia nuts, producing more than 40,000 tons per year. The nuts are enriched with healthy lipids, vitamins, minerals, and protein. Therefore, macadamia nuts are not only used for culinary purposes, but also in personal care products as the oil protects the skin, lips, and hair from moisture loss.

The market in the rest of the world includes South America, the Middle East, and Africa. Africa and the Middle East are major markets for macadamia nuts. The growth of the market in the rest of the world can be attributed to the growing food & beverage industry and rising demand for high-quality nuts for their taste and flavor.

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The Global Macadamia Nuts Market has also been segmented based on type, category, application, and region. By type, the global macadamia nuts market has been segmented into whole, halves, whole and half blends, chips, and others. The whole segment is expected to account for the largest market share owing to the easy availability and high use of whole macadamia nuts in various food products such as chocolates, biscuits, cakes, and ice cream. The segment is also expected to register the highest growth rate during the review period.

Key Players

Some of the key players in the global Macadamia Nuts Market are Alimentos Selectos S.A. (Guatemala), Hamakua Macadamia Nut Co Inc. (US), Royal Macadamia (Pty) Ltd (South Africa), Golden Macadamias (South Africa), Kenya Nut Company Ltd (Kenya), Mauna Loa Macadamia Nut Corp (US), MacFarms (US), Nambucca Macnuts Pty Ltd (US), MWT Foods Australia (Australia), and Wondaree Macadamias (Australia).

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Vegan Butter Products Industry Report by Type, Mode of Application, Regional Analysis, Global Forecast To 2023

Market Analysis

As per the report published by Market Research Future (MRFR), the global vegan butter market is expected to garner a notable CAGR over the review period of 2018-2023.

butter is derived from cow's milk. But, vegan butter, commonly labeled as margarine are made from plant sources. They contain high fat content and similar nutritional value as to butter obtained from cow's milk. This makes it popular among the vegan population. The growing number of vegan population due to shift in food consumption pattern is prompting the rate of adoption of vegan butter. Another significant cause boosting the use of vegan butter is the growing concern of people towards animals. MRFR identified these factors to cast a positive impact on the global Vegan Butter Products Industry expansion that is anticipated to spur the growth curve of the market.

Segmental Overview

The segmental study of the global vegan butter market provides indispensable insights into the market that helps in the identification of several growth windows. The vegan butter market study has been segmented into distribution channel, packaging type, and type.

On the basis of distribution channel, the global vegan butter market is segmented into store based and non-store based. The store-based segment is further bifurcated into convenience stores, supermarkets & hypermarkets, and others. Due to the one-stop shopping experience and widespread availability of vegan butter in hypermarkets and supermarkets the store-based segment is expected to experience a rapid growth. The existence of powerful market players and the penetration of e-commerce in the food and beverage retail sector are factors likely to influence the non-store-based segment expansion.

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On the basis of type, the global vegan butter market has been segmented into nut butter, vegetable butter, and others. The vegetable butter segment is expected to generate the highest revenue and proliferate at a rapid rate due to high number of sales of different vegetable butter like peanut butter, coca butter, shea butter, and others.

Regional Insights

The demographic insights of the vegan butter market offer a proper understanding of the dynamic influencing the regional market growth. On the basis of region, the market has been segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW).

The surge in number of vegans is triggering an increase in sales of plant-based products in North America. This is likely to foster the vegan butter market growth in the region. MRFR forecast vegan butter market to grow with a significant CAGR over the forecast period. Similarly, the growing concerns regarding animals is increasing the adoption of vegan butter among the European population. This is predicted to spur the European vegan butter market in the coming years.

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Key Players

MRFR enlisted some of the prominent companies operating in the vegan butter market. They are Naturli 'Foods A / S (Denmark), Conagra Brands, Inc. (US), WayFare Foods (Montana), Miyoko's (US), I Can't Believe It's Not Butter (US), Prosperity Organic Foods, Inc. (Idaho), and I Can't Believe It's Not Butter (US) among others.

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Thursday, August 6, 2020

Worldwide COVID-19 Pandemic Impact on Starter Feed Industry Value, Growth Analysis, Top Manufacturer, Regions, Forecast To 2024

Market Overview

Starter feed market is observing an exponential growth based on its high usage in the feed industry. They offer additional nutrients such as minerals, antioxidants, amino acids, and vitamins to the animal feed. They are used for improving the feed quality and animal health by reducing livestock diseases. Starter feed is majorly natural or synthetic ingredients that are added to the feed in order to improve the feed performance. The major types of starter feed include medicated and non-medicated.

With the growing consumer awareness regarding livestock health, growing concerns about animal nutrition and their healthy eating habits, the demand for starter feed has increased to a greater extent. Starter feed provides additional nutrients and improves the quality of livestock feed. Additionally, increasing demand for animal feed products with high nutritional content is driving the growth of the starter feed market. Furthermore, advance processing methods & technologies, and high opportunities in developing countries are positively supporting the growth of the market.

However, the high cost of processing and raw materials may hamper the Starter Feed Industry Value over the review period. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of the starter feed in the global market.

Downstream analysis

The global starter feed market is segmented into type, form, and livestock.

Based on the type, it is segmented into medicated, and non-medicated. Among both, the medicated type holds the major market share followed by the non-medicated type.

Based on the form, it is segmented into mash, pellets, and others. The pellets segment is dominating the market. Ease of storage, handling, and feeding has uplifted the demand for the pellets form.

Based on the livestock, the starter feed market is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market.

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Competitive analysis

The major players in the starter feed market

Associated British Foods Plc (U.K)
Archer-Daniels-Midland Company (U.S.)
Cargill Inc. (U.S.)
Purina Mills, LLC (U.S.)
Evonik Industries AG (Germany)
Roquette Frères S.A. (France)
Godrej Agrovet Limited (India)
Nutreco N.V. (the Netherlands)
Alltech, Inc. (U.S.)
Charoen Pokphand Foods PCL (Thailand)

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Regional Analysis

The global starter feed market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the starter feed market followed by Asia Pacific owing to rising population followed by increasing consumption of poultry & meat products in both the regions. The U.S. dominates the North American starter feed market owing to increasing awareness regarding livestock health in these regions.

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Worldwide COVID-19 Pandemic Impact on Molluscicides Application Market Comprehensive Analysis, Regions, Forecast To 2024

Molluscicides Market Overview

Molluscicides are chemical substances or biocides developed specifically for destroying mollusks. Mollusks cause huge agricultural losses and have become a major agricultural threat. They feed both above and below the surface of the ground, on seeds, seedlings, and plants, damaging the roots, leaves, and flowers which reduce the plant growth and crop yield. Plant residues and organic manure on soil surface along with the moist conditions leads to the production of mollusks. Most commonly used molluscicides include metaldehyde, iron phosphate, niclosamide, and others.
Molluscicides Application Market help in improving agricultural productivity by killing mollusks such as shellfish, octopi, squid, snails, and slugs in the plantation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the molluscicides market. Moreover, limited availability of cultivable land is boosting the demand for molluscicides to increase farm productivity.

Key Players:

Some of the key players profiled in the Global Molluscicides Market are Lonza Group AG (Switzerland), BASF SE (Germany), Marrone Bio Innovations, Inc. (U.S.), Bayer Crop Science (Germany), Adama Agricultural Solutions (Israel), De Sangosse SAS (France), Amvac Chemical Corporation (U.S.)

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Segments:

Molluscicides market is segmented on the basis of a type such as metaldehyde, iron phosphate, niclosamide, and others. Among all, the metaldehyde segment is dominating the market and is expected to grow substantially over the forecast period. Easy availability and reasonable cost of the product is driving the growth of this segment. However, the iron phosphate is projected to gain moderate growth over the forecast period.

Based on the application, molluscicides market is segmented as grains and cereals, oil seeds, fruits and vegetables, ornamentals, and others. Among all, the fruits and vegetable segment is dominating the market followed by ornamentals. Growing demand for fruits and vegetables among the rising population is expected to surge the growth of this segment during the estimated period.

Regional Analysis:
The Global Molluscicides Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. In North America, the U.S. is the major contributor of molluscicides. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restraint market growth in these regions. Bio based molluscicides are expected to offer huge growth opportunity in North America and Europe.

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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.

Tuesday, August 4, 2020

Sprinkler Irrigation Systems Industry Growth, Regions, Type, Size, Share, Current Trends, 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 Industry 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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Tomato Seeds Industry Function, Application, Formulation, Global Trends, Forecasts To 2024

Tomato Seeds Market Highlights

The global Tomato Seeds Market is projected to grow at a significant rate of 6.5% from 2019 to 2024 to reach a market value of USD 12.20 Billion by the end of 2024.

Tomatoes are included in diet or dishes to enhance the flavor and taste of the food. Tomatoes are also processed to store for future use. Demand for tomato-based processed food products is increasing among consumers globally. Tomato-based processed food includes soups, sauces, curries, juices, powder, and many more. The processed tomato products are available in the form of frozen and canned products.

Based on category, the global Tomato Seeds Industry has been segmented into organic, and conventional. The conventional segment is expected to dominate the global Tomato Seeds Market owing to the availability of several varieties of tomatoes grown by the conventional method of farming, and high consumption rate of those tomatoes across the globe.

Regional Analysis

The global Tomato Seeds Market has been segmented based on region, into Asia-Pacific, North America, Europe, and Rest of the World.

North America is projected to dominate the global Tomato Seeds Market due to the increasing awareness regarding the high nutritional value of tomatoes, which has increased the consumption rate of tomatoes in the region. In addition, the presence of prominent vendors in the region is also driving the regional market growth.

Key Players

Some of the key players in the global Tomato Seeds Market are Asia Seed Co., Ltd. (South Korea), Vilmorin & Cie SA (France), Syngenta Crop Protection AG (Switzerland), Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands), Advanta Seeds Pty Ltd (Australia), Bejo Zaden BV (Netherlands), VoloAgri Group, Inc. (US), Takii & Company, Limited. (Japan), Liaoning Dongya Agricultural Development Co., Ltd., (China)

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Segmentation

The global Tomato Seeds Market has been segmented on the basis of category, variety, plant type, and region.

By category, the global Tomato Seeds Market has been classified as organic and conventional.

By variety, the global Tomato Seeds Market has been classified as heirloom and hybrid.

The global Tomato Seeds Market has also been segregated, on the basis of plant type, into determinate, and indeterminate.

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Feed Palatability Enhancers and Modifiers Industry Business Opportunity and Global Scope by Forecast 2020 to 2024

Market Highlights

The use of feed palatability enhancers and modifiers has increased in recent years as they play an important role in increasing the feed consumption of animals. They are also used to mask the unpleasant smell and taste of other feed ingredients. The increasing demand for meat products has boosted the demand for feed and feed additives, thus, resulting in the growth of the global feed palatability enhancers and modifiers market. Rising concerns about the quality of feed are also favorably impacting market growth.

The global Feed Palatability Enhancers and Modifiers Industry has been segmented on the basis of type, livestock, and region.

Based on type, the global feed palatability enhancers and modifiers market has been segmented into flavors and sweeteners and texturants. The flavors and sweeteners segment accounted for the larger market share in 2018. The segment is also expected to register the higher CAGR during the forecast period. The flavors segment is further classified as natural (fruits, spices, and others) and artificial. Similarly, the sweeteners segment is sub-segmented into natural (stevia, thaumatin, glycyrrhizin, and others) and artificial (saccharin, neotame, neohesperidine dihydrochalcone, and others). Livestock rearers prefer flavored and sweetened feed as it results in higher consumption, thus boosting animal productivity.

Key Players

Some of the key players in the global feed palatability enhancers and modifiers market are DowDupont (US), Kemin Industries (US), Kerry Group (Ireland), Grupo Ferrer Internacional, S.A. (Spain), Ensign-Bickford Industries Inc. (US), Tanke International Group (China), Prinova Group LLC. (US), Pancosma SA (Switzerland), Nutriad International NV (Belgium), Phytobiotics Futterzusatzstoffe GmbH (Germany), and Solvay S.A. (Belgium).

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Regional Analysis

Based on region, the global feed palatability enhancers and modifiers market has been segmented into North America, Europe, Asia-Pacific, and RoW. Asia-Pacific is expected to dominate the global feed palatability enhancers and modifiers market during the review period owing to increasing awareness among livestock rearers regarding the importance of feed safety, especially for young animals, to increase productivity. The expanding feed industry in the region is also a major driving factor for market growth.

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