Global Bioherbicide Market Driven by its Environment-friendly Nature

A new report from Transparency Market Research, titled ‘Bioherbicide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,’ states that the global bioherbicide market is expected to expand swiftly during the period between 2014 and 2020 due to its beneficial features such as the environment-friendly nature of bioherbicides and longevity.

Herbicides or weedkillers are pesticides used to kill unwanted plants and weeds. Bioherbicides are a kind of herbicide derived from microbes to monitor the growth of undesirable weeds and plants. Bioherbicides are primarily made up of particular microorganisms and insects that can be targeted against particular weeds. Parasitic wasps and painted lady butterflies are two of the insects used to produce bioherbicide. Some of the microorganisms utilized in the production of bioherbicide are fungi, bacteria, and viruses. The microorganisms are used in the production of bioherbicide possess genes that attack the defense genes of weeds.

Usually, bioherbicides have a selective response and kill only weeds that obstruct the crop produce. Factors such as eco-friendliness, longevity, and cheaper costs have boosted the demand for bioherbicides in the recent past. As bioherbicides target particular weeds, they don’t affect other organisms that are essential for the crop’s growth. Bioherbicides derived from fungi are popularly called as mycoherbicides. Bioherbicides, in the pesticide industry, are commonly referred to as ‘naturals’, due to their eco-friendly nature.

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The environment-friendly nature of bioherbicides is predicted to propel the global bioherbicide market during the period between 2014 and 2020. Pesticides with synthetic chemicals affect the ecosystem adversely. Certain regulatory authorities are restricting the use of pesticides, which is expected to boost the demand for bioherbicides in the coming few years. There are numerous applications where the use of herbicides is restricted due to cost effectiveness and regulatory concerns. Bioherbicides act as the perfect alternative to these herbicides, as they are environment-friendly and do not contaminate water bodies.

Improvements in genetic engineering are predicted to create growth opportunities in the global bioherbicide market in the years to come. Further, new-generation bioherbicides are predicted to be even more effective against weeds. Bioherbicides find their applications in the leisure industry and crop control chemicals. The increasing use of bioherbicides to treat golf courses and other grass fields is predicted to propel the global bioherbicide market in the years to come.

Bioherbicides are applied on numerous crops. Phytophthora palmivora is utilized to control milkweeds in citrus orchids, whereas Alternaria eichhornia finds its applications in managing the growth of water hyacinth.

The global bioherbicide market is divided by geography into Asia Pacific, Europe, North America, and Rest of the World. In 2013, in terms of demand, Asia Pacific dominated the global bioherbicide market and is also expected to register the fastest growth in the coming few years. Increasing demand for bioherbicides across Asia Pacific is expected to propel the Asia Pacific bioherbicide market in the next few years. North America is expected to be the second largest market in the global bioherbicide market throughout the forecast period.

Some of the leading players expected to majorly contribute towards the growth of the global bioherbicide market are Jiangsu Dongbao Agrochemical Co., Ltd., Marrone Bio Innovations, Isagro SpA, Hindustan Bio-tech, and Bayer CropScience AG.

Malt Ingredients Market 2015-2023:Rising Awareness About the Health Benefits of Natural & Organic Food

A new report from Transparency Market Research, titled ‘Malt Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,’ states that the global malt ingredients market is expected to expand rapidly during the period from 2015 to 2023 due to the increasing application of malt ingredients in the food and beverages and pharmaceuticals industries.

Malt ingredients are materials used for the purpose of brewing alcoholic beverages such as beer and whiskey. Malt ingredients are used for producing malt shakes, malt vinegar, and numerous flavored beverages such as Milo, Ovaltine, and Horlicks. Furthermore, malt ingredients are utilized in various baked products such as bagels and malt loaf. Malted barley, an essential ingredient in blended flours, is used for making yeast bread and some other baked products.

The global malt ingredients market is segmented on the basis of application, geography, raw material, and type. Based on type, the global malt ingredients market is classified into base malt and specialty malt.

The growing demand from the food and beverages industry is expected to have a positive impact on the global malt ingredients market in the next few years. Further, the rising preference for packaged and convenience food products is expected to drive the global malt ingredients market in the coming few years. People have become more health-conscious in recent years and are thus showing more interest in organic food. With the increasing health-consciousness, consumers are avoiding foods with chemicals and artificial elements. By raw material, the global malt ingredients market is divided into wheat malt, acidulated/Sauer malt, aromatic malt, biscuit malt, and others.

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Malt ingredients find their application in alcoholic beverages, pharmaceuticals, and food and non-alcoholic beverages. The increasing applications of malt ingredients in alcoholic and non-alcoholic beverages are predicted to propel the global malt ingredients market in the years to come. The beer industry, one of the major applications of malt ingredients, is expected to contribute massively towards the growth of the global malt ingredients market. Going forward, the growing popularity of craft beer and local beer is expected to fuel the demand for domestic malt. Due to the increasing production of several varieties of beer, foreign makers are sourcing numerous malt ingredients from the beer industry.

By geography, the global malt ingredients market is divided into Asia Pacific, Europe, North America, and Rest of the World. In 2014, the global malt ingredients market was led by North America, followed by Europe. Western Europe and Central Europe are expected to be promising markets in the global malt ingredients market in the years to come.

The entry of new companies is expected to make the global malt ingredients market highly competitive. High capital investment is the major challenge predicted to be faced by the new entrants during the initial stage of development. The malt ingredients market demands a large amount of investment for establishing a malt house and processing plant, and for purchasing the machinery. The increasing demand for wine might hamper the growth of the global malt ingredients market in the years to come.

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Global Phytosterols Market Revenue Rising at 10% CAGR 2015-2021

According to a new market report published by Transparency Market Research “Phytosterols Market by Types ((B-sitosterol, Campesterol, Stigmasterol and Others (Ergosterol and Brassicasterol) by Application (Food Ingredients, Pharmaceuticals, Cosmetics)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021,” The phytosterols market, in terms of revenue was valued at USD 473.8 million in 2014, which is expected to reach USD 926.7 million by 2021, growing at a CAGR of 10.0% from 2015 to 2021. However, in terms of volume, the global phytosterols market was valued at 17.99 million tons in 2014 which is expected to increase to 32 million tons by 2021 growing at a CAGR 8.6% over the forecast period.

Phytosterols are steroid compounds possessing cholesterol like molecules that are found in all plant foods. Consumption of phytosterols in a wide variety of foods has been an imperative factor in reducing the cholesterol level in the human body. Products such as B-sitosterol, Stigmasterol, Campesterol find application in food ingredients, pharmaceuticals and cosmetics.

The global phytosterols market has been segmented on the basis of geography into North America, Europe, Asia Pacific and Rest of the World (RoW). Europe dominated the global phytosterols market accounting for more than a quarter of the market. High production of phytosterols in Europe is the major factor driving the demand for the phytosterols market in Europe. Further, owing to the increasing awareness for health and wellness among the consumers, they are looking towards the consumption of phytosterol fortified food products as well as cosmetic items and pharmaceutical products. Europe is also the fastest growing market for phytosterols compared to the other regions.

North America held the second largest market share in the global phtyosterols market. However, this market is expected to have a slow growth rate owing to the presence of other substances such as Omega-3 in the supplement industry. U.S. is the major market for phytosterols in North America followed by Mexico.

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The demand for phytosterols in Asia Pacific is low compared to the other regions owing to the lack of awareness about the benefits of phytosterols among the consumers. Additionally, lack of support from the government regarding the promotion of phytosterols is impeding the growth of this market. However, this region has the potential to be one of the major markets for phytosterols due to its rapid growth rate.

Rest of the world (RoW) includes Middle East, Latin America and Africa. This region accounted for the lowest market share, but it is the fastest growing market for phytosterols. The rapid growth rate is attributed to the rising disposable income of the consumers and the increasing awareness regarding health and wellness among the consumers, and the urge for the adoption of a healthier lifestyle.

Archer Daniels Midlands Co, BASF SE, Bunge Ltd, Cargill Inc, E.I. DuPont De Nemours, Raisio plc are some of the major players operating in the global phytosterols market.

The report covers phytosterols market and provides estimates in terms of revenue (USD million) and volume (million tons) from 2015 to 2021. Market estimates on the basis of product type and application type have also been provided for each region.

The market has been segmented as follows:

Global Phytosterols Market, by Product Type

• B-sitosterol
• Campesterol
• Stigmasterol
• Others

Global Phytosterols Market, by Application Type

• Food Ingredients
• Pharmaceuticals
• Cosmetics

Global Phytosterols Market, by Geography/Country

• North America

• The U.S.
• Canada
• Mexico

• Europe

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

• Asia Pacific

• India
• China
• Japan
• Rest of Asia Pacific

• Rest of the World (RoW)

• Middle East
• Latin America
• Africa

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Nuts Market to Register a 1.70% CAGR from 2015 to 2021

The global nuts and seeds market has exhibited an impressive rise over the past decade. The significant increase in the consumption of various types of seeds and nuts has substantially boosted this market over last few years.

In 2014, the global nuts market stood at US$1,137.06 bn and the worldwide market for seeds reported a total market value of US$56.23 bn. Analysts project the nuts market to rise globally at a CAGR of 1.70% during the period from 2015 to 2021 and reach US$1,279.4 bn by the end of 2021. The global seeds market, on the other hand, is anticipated to register a CAGR of 10.0% during the same period, arriving at US$114.2 bn by the end 2021.

In terms of volume, the global nuts market produced a total of 37.38 mn tons and the worldwide seeds market produced 4.41 mn tons in 2014. Experts have predicted that the nuts market will record a CAGR of 1.40% between 2015 and 2021 and produce approximately 7.8 mn tons by 2021, whereas the seed market will expand at a CAGR of 7.70% over the same duration.

Cashew Nuts to Lead Nuts Market and Sunflower Seeds to Dominate Seeds Market

The global market for nuts is majorly driven by almonds, peanuts, cashew nuts, walnuts, macadamia. In 2014, the cashew nuts segment led this market and was closely followed by the walnut segment. Experts predict the cashew nuts segment to retain its position in the forthcoming years.

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Sunflower seeds, corn/maize, sesame seeds, chia seeds, and soybean are the major seeds available in the worldwide seeds market. The corn/maize segment dominated this market in 2014. The soybean segment acquired the second position, the same year. Both the segments are likely to maintain their respective positions in the near future.

Increased Disposable Income to Drive Asia Pacific Nuts and Seeds Market

The global market for nuts and seeds is spread across Europe, North America, Asia Pacific, and the Rest of the World. Asia Pacific dominated this market with a majority share in 2014. The rise in the disposable income of consumers in Asia Pacific has influenced the food habits of these people in a major way.

People, here, are increasingly including seeds and nuts in their daily diet owing to the growing awareness about the benefits offered by them. Additionally, the escalating demand for processed food and beverages, containing nuts and seeds is expected to boost the Asia Pacific nuts and seeds market.

North America Enjoys Second Position in Global Nuts and Seeds Market

North America occupied the second position in the overall market with a share of 30% in 2014. The trend is expected to be continued in the coming years. Other regional nuts and seeds markets are also projected to exhibit healthy growth in the near future.

Richardson International, Bayer Crop Science A.G., Syngenta, Diamond Foods Inc., Blue Diamond Growers Inc., Cargill Inc., DuPont, McCormick and Co. Inc., Archer Daniels Midland Co., and Monsanto Co. are some of the major players functioning in the global nut and seeds market.

Global Food Safety Products Market to Rise at 8.6% CAGR from 2010 to 2018

Transparency Market Research (TMR) has published a new market study, titled “Food Safety Products Market And Food Safety Testing Market – Global Industry Size, Market Share, Trends, Analysis And Forecast 2010 – 2018.” As observed by analysts at TMR, the global food safety products market, which stood at US$10.1 bn in 2010, is projected to be worth US$19.4 bn by 2018, expanding at a CAGR of 8.6% therein. Similarly, the global food safety testing market, which stood at US$2.5 bn in 2010, is expected to be worth US$4.8 bn by the end of 2018, registering a CAGR of 8.5% from 2010 to 2018.

The report points out that the increasing incidence of food-borne diseases and ailments that are associated with the presence of contaminants such as chemicals and pathogens is one of the major factors bolstering growth of the global food safety products market. In addition, rising awareness among consumers about consumption of qualitatively tested food and stringent regulatory norms that food manufacturers need to adhere to are favorable for the growth of the global food safety products and safety testing market.

On the contrary, the report also points out factors that are restraining the market’s growth. In developing and underdeveloped countries, lack of awareness among consumers about qualitative indices pertaining to food safety leads to product manufacturers not being strictly required to adhere to food safety regulations. Moreover, absence of standard compliance regulations for food safety at a regional level allows product manufacturers to expand operations and also leverage existing opportunities in the market.

By product, disinfection products were the largest segment and held a 43% share in the global market in 2011. This product segment, which had a valuation of US$4.4 bn in 2010, is poised to be worth US$8.3 bn by 2018, expanding at a CAGR of 8.2% for the period. However, smart labels and tags are expected to register the fastest growth at a CAGR of 9.1% from 2010 to 2018.

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In terms of contaminant segmentation, the pathogens segment led the market, accounting for a 34% share in the global market in 2011. This is mainly due to their ubiquitous presence in meat and poultry food products. This segment was trailed by GMOs, toxins, and pesticides contaminant segments. Accounting for almost 42% of tests conducted for food safety, salmonella was registered as the leading pathogen in 2011.

In terms of the geographical breakdown of the global food safety products and food safety testing market, Europe contributed 34% of the revenue in the global market in 2011. This was followed by North America and Asia Pacific. However, according to the report’s findings, Asia Pacific will exhibit an exorbitant demand for food safety products and food safety testing to emerge as the fastest developing regional market by the end of 2018.

The report mentions top players in the market, namely Thermofischer Scientific, Douglas Scientific, Roka Bioscience, Bio-Rad Laboratories Incorporated, Biocontrol Systems Incorporated, Agilent Technologies Incorporated, IDDEX Laboratories INC., and Ecolab Incorporated.

The global food safety products and food safety testing market is segmented as follows:

Food Safety Products Market, by Types:

• Disinfection Products
• Diagnostic Products
• Disposable Gloves
• Smart Labels & Tags
• Software Tracking Systems

Food Safety Testing Market, by Contaminants:

• Pathogens
• Pesticides
• Genetically Modified Organisms (GMOs)
• Toxins
• Others

Food Safety Testing Market, by Pathogens:

• Listeria
• Salmonella
• Coli
• Campylobacter
• Others

Food Safety Testing Market, by Food Types:

• Processed Foods
• Meat & Poultry
• Dairy Products
• Fresh & Frozen Fruits & Vegetables
• Others

Food Safety Testing Market, by Technology:

• Traditional Methods
• Rapid Methods

Food Safety Rapid Testing Market, by Types:

• Convenience-Based Methods
• Immunoassay-Based Methods
• PCR-Based Methods
• Other Molecular-Based Methods

Food Safety Products Market, by Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

Natural and Synthetic Animal Feed Antioxidants Market to Grow at 4.2% CAGR from 2012 to 2018

According to a market research report published by Transparency Market Research, the global animal feed antioxidants market is estimated to expand at a CAGR of 4.2% during the period between 2012 and 2018. The report, titled “Natural and Synthetic Animal Feed Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” projects the global annual feed antioxidants market to be worth US$216.8 mn by 2018. The overall market was worth US$162.4 mn in 2011.

The report points out that rise in meat consumption worldwide has boosted the growth of the global animal feed antioxidants market. The increasing incidence of disease outbreaks among livestock has fuelled the demand for feed antioxidants. However, difficulties in working with natural antioxidants, along with stringent government regulatory structure and intervention will hinder the growth of the market during the forecast horizon. The global animal feed antioxidants market has a huge opportunity to grow with the increasing preference for synthetic antioxidants over natural antioxidants. The growing trend of blending different antioxidants is expected to reduce costs of animal feed antioxidants significantly.

In terms of product type, the report categorizes the global animal feed antioxidants market into natural and synthetic feed antioxidants. Synthetic feed antioxidants have been further divided into ethoxyquin, butylated hydroxytoluene (BHT), and butylated hydroxy anisole (BHA). While natural antioxidants are formulated using natural raw materials such as rapeseeds, corn, and oilseeds that are mixed with grains such as soya, synthetic animal feed antioxidants are made up of pure substances that have constant compositions.

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On the basis of livestock, the report segments the global animal feed antioxidants market into poultry, pork/ swine, aquaculture, and cattle. In 2011, the poultry segment accounted for a share of 33.95% in the market while the pork/ swine segment held 27.6% of the market.

The report studies the global animal feed antioxidants market across four key regions: North America, Europe, Asia Pacific, and Rest of the World. In 2011, Asia Pacific dominated the overall market with China holding over 50% of the market. The report projects that during the forecast horizon, Asia Pacific will continue its dominance and emerge as the largest and fastest growing market for animal feed antioxidants. In terms of market share, Europe and North America held the second and third positions respectively in 2011.

Describing the competitive landscape, the report profiles some of the key players in the global animal feed antioxidants market such as Addcon Group GmbH, Evonik Industries, DSM, CHR.Hansen, AB Vista, BELDEM, Kemin Industries Inc., Novozymes, Alltech, BASF, ADISSEO, and Danisco. The report further provides insightful information about the key players including their business strategies, financial overview, product segmentation, and recent developments. Through SWOT analysis, the report analyzes the growth exhibited by the market players during the forecast horizon.

Global animal feed antioxidants market has been segmented as:

By Product Type

• Natural
• Synthetic

By Livestock Type

• Pork/Swine
• Poultry
• Cattle
• Aquaculture
• Others

By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)