Latest Innovation in Global Binders and Scaffolders for Meat & Meat Substitutes Market

 According to the report “Binders and Scaffolders for Meat & Meat Substitutes Market by Type (Binders For Meat & Meat Substitutes, Scaffolders For Cultured Meat), Application (Meat Products, Meat Substitutes, Cultured Meat), Meat Type, & Region – Global Forecast to 2026 and 2032″, published by MarketsandMarkets™, the global Binders and Scaffolders for Meat & Meat Substitutes Market is projected to reach USD 4.2 billion, by 2026, at a CAGR of 2.6% from 2021 to 2026. The global cultured meat market is estimated to be valued at USD 593.0 million by 2032, recording a CAGR of 15.7% from 2026 to 2032.

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The global perception toward animal meat products is shifting towards products like cultured meat. Today, a wide range of functional foods have been developed, including probiotics, prebiotics, and symbiotic foods. These products have changed the approach of considering animals only as a source of energy and nutrition to biologically manufacturing meat that confers benefits on human health.

A rise in demand for cultured meat is expected to drive the growth of the scaffolders market

The scaffolders and cultured market have been growing at an accelerated pace since the first creation of the cultured meat burger back in 2013. Dozens of companies have entered the cultured meat industry, and various product species such as chicken, beef, pork, and seafood are in the development process. The geographical distribution of these companies is in 19 countries across five continents, 37% in North America, 25% in Asia, and 21% in Europe. Several companies have emerged to embrace the cultured meat value chain, including low-cost cell culture medium, bioreactor, scaffolding materials, and cell lines.

The use of phosphates and hydrocolloids as binders increase the texture of the meat

Popular binders in ground meat-based products include oatmeal, breadcrumbs, rice, and even semolina. Starches, cereal floors, and vegetable hydrocolloids such as carrageenans and alginates are some of the widely used meat binders in the meat processing industry. The use of polysaccharide gums such as carrageenans and alginates as water binders in low-fat meat products is of great interest to meat processors because of consumer demand for leaner and lower-cost muscle foods. Meat-derived protein ingredients are collagen, gelatin, and blood-derived proteins. The addition of collagen to meat products as a binder has been shown to be advantageous. Collagen is believed to have the potential as a substitute for starches and other hydrocolloids in the formulation of meat products.

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Key Players:

Key players in this market include ADM (US), DuPont (US), Kerry (Ireland), Danagreen Co., Ltd (South Korea), Marix Meats (US), and Memphis Meat (US).

Pea Protein Market : Opportunities And Challenges

 The Pea protein market is estimated at USD 1.7 Billion in 2022; it is projected to grow at a CAGR of 11.9% to reach USD 2.9 Billion by 2027. Growth of population following vegan lifestyle, popularity of plant-based foods and gluten-free products, high demand of healthier functional and sustainable food options and nutritional benefits of pea-based products are key factors that are projected to drive the growth of the Pea Protein market during the forecast period.

The Pea Proteins market consists of a few globally established players such as Rouquette Freres (France), DuPont (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion (US), Puris (US), Emsland Group (Germany), Yantai Shuangta Foods Co., Ltd (China), The Scoular Company (US), Burcon (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Food and Ingredients (Canada), The Green Labs LLC. (US), and Axiom Foods, Inc. (US) . Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments

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Roquette Frères was founded in 1933 in Lestrem, France. It is the industry leader in manufacturing plant-based ingredients and proteins. It caters to the biopharma, pharma and nutraceuticals, cosmetics, food and nutrition, animal nutrition, and industrial markets. The company offers pea protein under the NUTRALYS brand, which has binding, thickening, gelling, and texturizing properties. NUTRALYS caters to a few health issues and goals like Weight management, muscular development, elder care, and blood glucose management. The company operates through 25 industrial sites offering its products in more than 100 countries across the Asia Pacific, Europe, North America, and South America. Roquette America Inc. (US), Roquette Co. Ltd. (China), Roquette Ltd. (UK), Roquette Korea Ltd. (Korea), and Roquette CH SA (Switzerland) are some of the subsidiaries of the company.

Ingredion was founded in 1906 in Illinois, US. The company operates through five business segments: food, beverages, animal nutrition, brewing, and others. It caters to industries like food & beverages, pharmaceuticals, health and nutrition, personal care, animal nutrition, and brewing. Its product portfolio includes starch products, sweetener products, and specialty ingredients. Specialty ingredients include Starch-based Texturizers, Clean and Simple Ingredients, Sugar Reduction and Specialty Sweeteners, Food Systems, and Plant-based Proteins. It offers pea protein under its plant-based proteins. It operates through 28 Ingredion Idea Labs innovation centers in more than 120 countries across regions like North America, South America, Asia Pacific, the Middle East, Europe, and Africa. The company operates through 20 manufacturing plants in North America.

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Puris was founded in 1985 in Minneapolis, US. It manufactures a range of plant-based ingredients from pulses, lentils, corn, and soy. The company offers a range of products, such as pea protein, pea starch, pea hull fiber, pea syrup, whole pulse powder, whole grains, and ready-to-eat pea fiber. It offers pea protein under its brand PURIS for food applications, such as clean-label bars, baked goods, and beverages, due to its gelling properties. PURIS Pea protein, starches, fibers, and other non-GMO components derived from soy, pulses, lentils, and other plant sources are manufactured exclusively by PURIS. These sustainable ingredients promote healthy eating and activities that are safe for people, the environment, and life on Earth. The company operates through its manufacturing facilities in Wisconsin, Iowa, and Minnesota in the US.

Top Driving Factors of Acerola Extract Market

 According to the report “Acerola Extract Market by Application (Meat Products, Bakery Products, Confectioneries, Dairy & Frozen Desserts, and Beverages), Form (Dry and Liquid), Nature (Conventional and Organic), Functionality and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Acerola Extract Market size is estimated to be valued at USD 16 Million in 2021. It is projected to reach USD 24 Million by 2026, recording a CAGR of 7.6%, in terms of value. The growing awareness among consumers regarding benefits associated with consumption of acerola extract is driving the demand for acerola extract.

The confectioneries segment is projected to grow at a CAGR of 7.0% in the acerola extract market

The acerola extract is used in confectionery as an antioxidant nutrient, which enhances the shelf-life of the products. It induces a tangy flavor in candies and other confectionery products. The acerola extract also plays an important role in increasing the nutritional value of products. The increasing disposable income has led to the rise in the consumption of confectioneries globally. The growth of the confectioneries industry is expected to drive the demand for acerola extract as well.

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The liquid segment accounts for the second-largest market share in the acerola extract market

Based on form, the liquid segment is the second-largest segment in the overall acerola extract market. The liquid acerola extract includes concentrates, blends, and juices, the demand for which is lesser compared to the dry form. According to industry experts, the share of the liquid form in the acerola extract market is smaller since the dry form offers a higher degree of convenience and storage, which is lacking in the liquid form.

The conventional segment is projected to account for the largest market share in the acerola extract market during the forecast period

By nature, the acerola extract market is segmented into conventional and organic. Conventional acerola farming includes synthetic chemical fertilizers, pesticides, herbicides, and other continual inputs. Hence, conventional acerola agriculture is typically highly resource-demanding and energy-intensive, increasing the total cost of production. However, conventional farming has high productivity as compared to organic farming. This factor fosters the growth of the conventional segment.

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The North America region is the largest region in the acerola extract market in the forecast period

North America is the largest region in the global acerola extract market in the forecast period. The presence of major acerola extract manufacturers such as Kemin Industries, Inc. (US) and The Green Labs LLC further drive the market in the region.

Key Players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DSM (Netherlands), Kemin Industries, Inc. (US), Dohler GmbH (Germany), The Green Labs LLC (US), Diana Food S.A.S. (France), Naturex S.A. (France), NutriBotanica (Brazil), Handary SA (Belgium), Foodchem International Corporation (China), and Nichirei do Brasil Agrícola Ltda. (Brazil).

Dairy Alternatives Market : Key Factors behind Market’s Rapid Growth

 According to MarketsandMarkets, the global dairy alternatives market size is estimated to be valued at USD 22.6 billion in 2020 and is projected to reach USD 40.6 billion by 2026, recording a CAGR of 10.3% in terms of value. The growth of dairy alternatives market can be attributed to the growing vegan and flexitarian population across the world and increasing demand for plant-based products. Along with that, increased demand for lactose-free food and beverages are also expected to further fuel the dairy alternatives market in the forecasted period. Asia Pacific region dominated the global dairy alternatives market.

Dairy alternative products are derived from plant-based sources to mimic dairy products and are designed to be distinguishable from their dairy-based equivalents. They are referred to as “dairy alternatives”, as they directly substitute dairy products, made using plant sources such as soy, almond, coconut, rice, oats, and hemp. The most common dairy alternative products available in the market are milk, yogurt, ice creams, cheese, and creamers.

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Asia Pacific region dominated the global dairy alternatives market. It is largely driven by the rising demand for dairy alternatives in large economies such as China, Japan, Australia, partnered with a strong agricultural production base for plant-based sources such as soy, coconut, and rice. The region is also a key importer of plant-based sources. Along with it, the overall investment in the Asia Pacific region has also increased substantially over the past decade. The changing lifestyles of consumers and increase in the consumption of clean label products is also fueling the growth of dairy alternatives market in the region.

Among various sources of dairy alternatives, soy accounts for the major market share in the overall dairy alternatives market. Soy-based dairy alternatives are considered to be one of the best substitutes for dairy products owing to its nutritional content. They are rich source of proteins and calcium and are very suitable for lactose-intolerant individuals. Soy-based products also lack casein, which is also a cause of many milk-based allergies.

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Based on application, the yogurt segment is projected to be the fastest-growing during the forecast period. The growth is mainly associated with the growing awareness about dairy alternatives and their benefits among consumers. Major brands offering yogurt alternatives in the market include Dream and Joy offered by The Hain Celestial (US) and Silk and So Delicious offered by Danone (France). The demand for new varieties is rising, creating new opportunities for dairy-free yogurt manufacturers.

Among various distribution channels, the online stores segment is projected to be the fastest-growing from 2020 to 2026. Many key players operating in the dairy alternatives market have started offering their products for sale through online channels. Online stores are a convenient place for the consumers to place orders as well as getting the products home delivered. These online platforms offer a wide variety of options that too at discounted rates as compared to traditional retail prices. Online stores are getting popular as they are easily accessible and cost-effective.

The flavored dairy alternative products accounts for the major share in the overall dairy alternatives market. The incorporation of flavors in products enhances the palatability and helps the manufacturers to diversify their product portfolio.

Upcoming Growth Trends in the Food Safety Testing Market

 The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing countries act as restraints for the food safety testing market. The challenges faced by the market include a lack of harmonization of food safety standards and high costs associated with the procurement of food safety testing equipment.

The pathogens sub-segment is estimated to account for the fastest growth in the by target tested segment for food safety testing market .

Across the globe, millions of cases of infectious gastrointestinal diseases are reported each year due to foodborne pathogens, costing billions of dollars in medical care and lost productivity. New emerging foodborne pathogens and foodborne diseases are likely to be driven by factors such as pathogen evolution, changes in agricultural & food manufacturing practices, and changes in human host status. Thus their testing is being undertaken actively by food manufacturers across the globe.

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By technology, the rapid technology sub-segment is estimated to account for the largest market share in market.

As the use of the Hazard Analysis & Critical Control Points (HACCP) model and other food safety systems have become firmly entrenched in quality assurance/quality control (QA/QC) programs, the industry’s need for “faster, better, cheaper” real-time test results has also increased. Some of the most significant microorganisms of concern to today’s food industry are E. coli O157:H7, Salmonella, Listeria monocytogenes, and Campylobacter jejuni. The rapid methods developed to address these microorganisms have, in many cases, supplanted traditional methods during the last five years.

The meat, poultry and seafood sub-segment is estimated to account for the largest market share in the by food tested segment of food safety testing market over the forecast period.

The Food Safety and Inspection Service (FSIS) has framed regulations to control the contamination of meat & poultry products in slaughterhouses and processing plants, based on the HACCP food safety control system. Another major factor that drives the growth of the testing service industry is the high demand for seafood products, such as crustaceans, shrimp, crabs, lobsters, tuna, marlin, and swordfish, due to their nutritional values such as the presence of omega fatty acids and other essential nutrients.

Presence of key players and strongly established end-use sector of food and beverages in the European region, accounts for the high market share of the region.

The UK, Germany, France, Italy, and Spain have the largest food industries that are estimated to be the leading markets for food safety testing in Europe. On the other hand, Denmark and the Netherlands are significant markets for raw materials of natural food safety testing. The high level of awareness about healthy foods and nutrition is projected to drive the market growth for functional food in Europe. This, in turn, is projected to drive the growth of the food safety testing industry in the region.

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Key Market Players

Key players in this market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia), and TÜV SÜD (Germany). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Upcoming Growth Trends in the Soil Amendments Market

 According to a research report “Soil Amendments Market by Type (Organic, Inorganic), Soil Type (Sand, Loam, Clay, Slit), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Form (Dry and Liquid) and Region (North America, Europe, APAC, Row) – Global Forecast to 2027″, published by MarketsandMarkets™, the global Soil Amendments Market is estimated at USD 3.6 Billion in 2022. It is projected to reach USD 6.0 Billion by 2027, recording a CAGR of 11.0 % during the forecast period.

According to the US Environmental Protection Agency, soil amendments are materials primarily applied to agricultural land to improve soil characteristics rather than as plant food. The types of soil amendments available in the industry can be classified as organic and inorganic, serving different soils such as sand, loam, clay, and slit.

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Strong market demand for organic food products and high-value crops

There is a rising awareness among farmers regarding using synthetic or chemical fertilizers. Farmers are continually searching for alternatives to prevent problems of soil and surface water deterioration associated with the intensive use of chemical fertilizers. These factors shift the preference of farmers toward organic farming, which makes use of organic amendments that increase soil organic matter and improve the soil’s physical structure. Consumer awareness related to risks from food additives and synthetic pesticide residues has stimulated the demand for healthy food. It has contributed to developing the market for organically produced food that uses organic manure.

Most leading food companies are increasing their organic fruits & vegetable product offering. Several marketers have introduced organic fruits & vegetable varieties in their product portfolio, while others have acquired organic brands or companies dealing with organic fruits & vegetable products.

Europe is projected to reach USD 16,82.3 million during the forecast period.

Europe has the presence of small farms with intensive farming systems and the cultivation of various crops. The common agricultural policy (CAP) of the European Union has emphasized soil management for formulating better soil protection policies. According to the European Fertilizer Manufacturers Association, farmers in Europe have applied a generous amount of chemical phosphorus fertilizers for a long time, negatively affecting human health and the environment. Thus, there is a need for soil amendment products that are environment-friendly and economical. Therefore, the use of soil amendments helps minimize the negative impact on the environment. According to the European Commission, 45% of European topsoils (0–30 cm) are characterized by low soil organic matter (SOM) content. As the scarcity of fertile soil increases, the utilization of organic wastes as organic amendments is gaining popularity. Organic amendments help in reducing the dependence on agrochemicals and are eco-friendly, economical, and preferred alternatives for improving soil fertility.

Almost 50% of the total compost produced in Europe is applied to agricultural soils. Compost amendments increase the soil’s microbial biomass and microbial growth. Due to changes in land use, the degradation of soil has been observed in many European countries. Thus, the soil amendments market is projected to witness high demand in Europe.

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Key players in this market include BASF SE (Germany), UPL Limited (India), FMC Corporation (US), Adama (Israel), and Bayer (Germany)

Seed Treatment Market Global Outlook, Trends, and Forecast

 The global seed treatment market size is projected to grow from USD 6.1 billion in 2022 to USD 9.2 billion by 2027, recording a compound annual growth rate (CAGR) of 8.3% during the forecast period. Asia Pacific accounted for the fastest region, during the forecast period, in terms of volume and value, respectively. Asia Pacific comprises of the largest developing countries with vast agricultural lands as compared to other regions. The per capita income of the region depends on the agricultural activities conducted in the countries. The key countries that play an important role in the agriculture sector in this region are India, China, Japan, and Thailand. Cereals & grains, fruits & vegetables, are the leading agricultural commodities grown in these countries. Rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of Asia Pacific.

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North America dominates the market contributing to 39% in the global seed protection market. The region is a key exporter of agricultural products. It is mainly dominated by large-scale operations, primarily focused on exports. North America has an advantage of having a very organized distribution chain. Factors such as fertile soil, availability of water and land, entrepreneurial farmers, and efficient infrastructure are the key competitive advantages the North American market has. The major cultivated crops in the region include corn, soybean, and wheat, which account for 70% of cultivation, followed by canola, alfalfa, cotton, and barley. Seed treatment is the safest alternative to protect crops with a minimum residue level. Plant extracts and oil-based seed treatments for organic farming, a seed treatment for abiotic stress, and controlled-release technology in seed treatment are the key points of the growth of the North American market.

Non-chemical treatment by type is projected to have the highest growth rate in the seed treatment market.

Non-chemical seed treatment is achieved in two ways, namely, physical, and biological seed treatment. Physical seed treatment includes activities, such as steam, heat, or irradiation for seed protection, which means they function by disinfecting the seeds through non-chemical methods. Since in physical seed treatment, there is no use of chemical methods; this type of seed treatment method is appropriate for organic farming to control bacteria that may harm seeds.

Biological seed treatment methods include microorganisms that are used to protect seeds against seed-and soil-borne diseases. This treatment method is an effective alternative to chemical seed treatment. 

By crop type, the oilseeds are projected to grow with the highest growth rate in the seed treatment market.

The oilseeds include soybean, cotton, canola, sunflower, and other oilseeds. The oilseeds refer to plants or seeds primarily used to extract fats and oils, also known as lipids. Soybean is among the leading providers of vegetable protein and oil. It is popular among producers as it can be grown in a wide variety of soil and climatic conditions. Moreover, the demand for canola as an alternative to soybean has increased for its economical pricing. Due to its functional properties, safflower oil is used in the treatment of skin infections, bone-related disorders, and atherosclerosis. These oilseeds contribute to the growth of the oilseeds segment.

The seed enhancement segment by function is projected to grow with the highest growth rate in the seed treatment market over the forecast period.

Seed enhancement includes practices and technologies that improve the seed germination and seedling growth, thereby improving the overall crop’s harvested yield and quality. The seed enhancement market is further segmented into products, which enhance the viability of the seed and functions that include processes used to enhance seeds. There has been an increase in research & development investments carried out to develop new and better products, such as biofertilizers and crop protection chemicals, biologicals.

Treatments such as pelleting, film-coating, and encrusting are included, which improve seed sowing. Some treatments, such as nutrients, enhance nutrient availability or provide inoculates required for seedling establishment. 

The seed dressing segment by application technique is projected to grow with the highest CAGR of the seed treatment market over the forecast period.

The seed is dressed in a dry formulation or often is wet treated with a slurry or liquid formulation. Earthen pots which are extremely cost effective are used for mixing pesticides with a seed or seeds and can be spread on a polythene sheet wherein the required quantity of chemicals can be sprinkled on a seed lot and mixed mechanically by farmers. Research studies have revealed that leaves and seeds of the neem (Azardirachata indica), custard apple (Annona squamosa), and aloe vera (Aloe Vera L.) sap are used as seed-dressing alternatives. Seed dressing has been a normal practice in the Asia Pacific region due to its low application costs. Key players are focusing on offering customized seed dressing formulations through localized seed treating centers. 

The liquid solution segment by formulation is projected to grow with the highest CAGR of the seed treatment market over the forecast period.

Formulations have a significant impact on the survival of microbial during the process of product elaboration, storage, and application. The growth of microrganisms depends in various physical and chemical properties of the seed treatment formulations used. The liquid solution, also known as ‘quick wet’ method, is used for mainly for seed protection. For instance, fungicides can be applied to the seed and mixed well ensures proper coating of the solution. The free-flowing liquid solution then penetrates the seed coat, instead of sitting on the surface. This method can be used for fertilizer and nutrients such as trace elements. As there is high absorption rate, less of the product is required to be applied on the seeds.

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Asia Pacific is projected to be the fastest growing region in the seed treatment market during the forecast period

Asia Pacific seed treatment market is projected to grow with highest CAGR due to the growing agriculture industry in China and Japan. Demand for seed treatment has been growing in this region, due to global players increasing their investments of business lines in agricultural inputs to exclusively meet the demand of crop growers to attain export quality. Additionally, the regulations for seed treatment are favorable in this region. China is estimated to account for the largest share in the Asia Pacific seed treatment market.

Key Market Players:

The key players in this market include Syngenta, (Switzerland), BASF SE (Germany), FMC (US), Adama Agriicultural Solutions Ltd. (Israel), Nufarm (Australia), UPL (India). These players in this market are focusing on increasing their presence through new product launches, partnerships, agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Dairy Processing Equipment Market : Competitive Landscape, Regional Outlook and Driving Factors

 According to the report “Dairy Processing Equipment Market by type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Mode of Operation (Automatic and Semi-Automatic), Application, and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Dairy Processing Equipment Market size is estimated at USD 9.6 billion in 2021 and is projected to grow at a CAGR of 6.0% to reach USD 12.8 billion by 2026. The market has a promising growth potential due to several factors which include the rising production and consumption of milk and other dairy products along with increased automation in dairy product manufacturing.

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Processed milk is estimated to account for the largest market share in the by application for dairy processing equipment market.

The demand for processed milk has a major contribution to the growth of the dairy processing equipment market owing to its huge consumption in tropical countries. Additionally, technological advancements and investments in the dairy industry have been the major factors that have driven the growth of the global dairy processing equipment market for processed milk.

Pasteurizers, by type is estimated to account for the largest market share of the dairy processing equipment market over the forecast period.

The concern for consuming safe dairy products has increased, especially due to the current pandemic situation of COVID-19. This has increased the demand for pasteurizers in the market. Pasteurizers are used to kill the pathogens by providing heat and cold treatment simultaneously. Pasteurizers are available in various types, like batch pasteurizers, high-temperature short time pasteurizers, and ultra-high temperature pasteurizers.

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Europe is projected to be the second largest market for the forecast period.

The European region accounted for the significant share of the dairy processing equipment market and was estimated to be USD 2,527.2 million in 2021. The dairy products from the European region are exported to most of the regions of the world. Europe has granted reduced tariff preferences to a reasonable number of countries and currently, only a few match EU standards with regard to dairy product quality. By the support of logistics industries, Germany has accounted as the largest producer of milk.

According to the Organization for Economic Co-operation and Development (OECD), Germany was accounted as the largest producer of milk in the EU in 2017. The logistics industry plays an important role in the German dairy sector in procuring the raw milk from the farm, supplying the processed milk and products to processors of consumer products, and reaching the retailers or distributors. According to the Global Dairy Trade Portal, cheese was the main export product of the German dairy industry in 2016 and 2017.

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Key Players:

Many domestic and global players provide dairy processing equipment to improve animal health and performance. Major manufacturers have their presence in European and Asian countries. The key companies in the dairy processing equipment market are GEA Group (Germany), SPX FLOW, Inc (US), Tetra Laval International S.A. (Switzerland), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (JBT) Corporation (US). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the dairy processing equipment market.

Upcoming Growth Trends in the Seaweed Protein Market

 The Seaweed protein market is estimated at USD 585 million in 2022; it is projected to grow at a CAGR of 14.1% to reach USD 1131 million by 2027. Increasing awareness regarding nutrition and healthy lifestyles is driving the market for seaweed protein. It is widely known that having a healthy immune system can help reduce the risk or severity of diseases and infections. When combined with proper nutrition, seaweed protein can enhance the body’s natural defenses and immunity. As people become more conscious of holistic wellbeing, and growing population shifting towards aplant based lifestyle the market for seaweed protein is expected to increase in the coming years.

The growth of this market is estimated to be driven by the increasing health awareness among consumers. Seaweed protein are a growing application of plant based products. The food and nutrition industries have evolved to give consumers a more personalized experience to compensate for dietary loss through supplemental nutrition.

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The green seaweed segment by type is projected to achieve the highest CAGR growth in the Seaweed protein market.

Over the past couple of years, the green seaweed segment has witnessed significant growth in terms of value sales. Green seaweeds, scientifically known as chlorophyte, gain their green color from beta-carotene, chlorophyll, and various other xanthophylls. Green seaweeds exist in the multicellular as well as unicellular form and are mainly found in freshwaters. Green seaweeds can also be grown in marine habitats and can be terrestrially grown on soil, trees, or rocks Green algae, serve as an important food source for humans. It has long been a component of Japanese cuisine. There are about 30 different types of edible seaweed, all of which are naturally high in minerals like calcium, copper, iodine, iron, magnesium, manganese, molybdenum, phosphorus, potassium, selenium, vanadium, and zinc. Sea lettuce, sea palm, and sea grapes are examples of edible green algae. The pigment beta carotene, found in green algae, is used as a food coloring. Carotene has also been proven to be effective in the prevention of some cancers, such as lung cancer. The protein content for green seaweeds is moderate i.e., 9- 26% of dry weight. Some green seaweeds, which contain a high protein level are also processed for the manufacturing of foods.

By extraction, the conventional segment is estimated to account for the largest market share in the Seaweed protein market.

The conventional extraction method includes physical processes methods such as aqueous treatment and Potter homogenization, osmotic stress, and high shear force. This process is mostly used for extracting proteins from different species of seaweeds such as Palmaria palmata, Ulva fasciata, Sargassum vulgare, and Porphyra. Among all the conventional methods of seaweed protein extraction, the enzymatic hydrolysis segment dominated the market. Aqueous treatment and Potter homogenization include physical grinding of cells with the use of a Potter homogenizer significantly followed by immersion in ultra-pure water. Conventional method allows minimal processing which is preferred by customers.

The food segment by mode of application is estimated to account for the largest market share of the Seaweed protein market over the forecast period.

Because of the safety issues connected with synthetic components, demand for seaweed protein-based products is projected to grow significantly in the coming years. Natural food additives have a good impact on consumers health, which has increased demand for protein in food products. Most human applications, such as food, vitamins, and cosmetics, choose seaweed protein-based products since they have no negative consequences. The desire for natural antioxidants, anti-inflammatory agents, plant proteins, and other secondary metabolites is likely to drive up demand for seaweed protein-based products. Other Applications like Semi-sweet biscuits, cereal bars, and breadsticks have all used seaweeds. The nutritional profile of wheat and pasta was also improved by seaweeds.

Europe is projected to achieve the Highest CAGR growth in the Seaweed protein market.

The use of seaweed protein-based products in the pharmaceutical and nutraceutical industries has just increased as people become more aware of the nutritional value and benefits of eating seaweed. The European Commission, CINEA, and a consortium of EurA AG, EABA Systemiq, Technopolis, and s.Pro have developed EU4Algae, which is projected to stimulate demand for seaweed protein in Europe due to the growing health and environmental effect of eating meat products. The European Commission has identified seaweed protein as a major source of alternative protein for a sustainable food system and global food security. This three-year initiative will help Europe establish a regenerative, resilient, equitable, and climate-friendly algae business while also introducing new algae species to the market.

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Key Market Players

The key players in this market include CP Kelco U.S., Inc. (US), Algaia (France), Algea (Norway), Qingdao Gather Great Ocean Algae Industry Group Co, Ltd (China), Qingdao Brightmoon Seaweed Co Group Co. Ltd (China), Cargill Incorporated (US) Gelymar SA (Chile), Ceamsa (Spain), BASF (Germany), Irish Seaweed (Ireland), Dupont Nutrition and Biosciences (US), Compo Expert Group (Germany), Beijing Leili Agricultural Co, Ltd (China), Groupe Roullier (France), Acadian Seaplants (Canada). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Indoor Farming Technology Market Global Outlook, Trends, and Forecast

According to the new market research report “Indoor Farming Technology Market by Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), Facility Type, Component, Crop Type (Fruits & Vegetables, Herbs & Microgreens, Flowers & Ornamentals), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the market size is estimated to account for a value of USD 14.5 billion in 2020 and is projected to grow at a CAGR 9.4% from 2020, to reach a value of USD 24.8 billion by 2026. Factors such as the higher yield as compared to conventional agriculture practices, controlled environment farming, and improved yield and higher produce with limited land resources, are some of the key factors driving the growth of the indoor farming technology market during the forecast period.

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By growing system, the hydroponics segment is estimated to account for a larger market share, in terms of value, in 2020

Hydroponics technology offers many benefits, including no use of soil and low cost of water, as the water remains in the system and can be reused. The nutrition levels can entirely be controlled, resulting in lower nutrient cost with stable and high yield. Hydroponics need a continuous flow of nutrients to prevent drying out of the roots, as they lack a medium to store water and nutrients.

The glass or poly house segment, on the basis of facility type, is estimated to hold the largest share in the indoor farming technology market, in terms of value, in 2020

Glass or poly greenhouses comprise an enclosed structure that is transparent and made of glass or a polycarbonate material. Greenhouses that are made of glass are more aesthetically appealing, have better clarity & light transmission, and can withstand heavy winds. On the other hand, polycarbonate greenhouses have good thermal efficiency, which helps keep the climate inside the greenhouse warm during the night. It also provides better protection from frost and is less expensive compared to glass. These greenhouses are generally used to cultivate tomatoes, potatoes, and cucumbers.

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By component, the software & services segment is estimated to account for a significant market share, in terms of value, in 2020

By component, the software & services segment is growing at a fast pace. The farming industry has been adopting farm management solutions rapidly and is expected to constantly grow in the upcoming years as well. Farm management software includes various types such as record keeping, farm mapping, monitoring & forecasting, farm economics, resource & inventory management, and others. The applications include customer management, payables, receivables, resources & inventory management profit center, and tax management. Some of the major companies that offer software are FARMSIGHT by Deere & Company and FarmWorks Mapping among others

The fruits & vegetables segment, on the basis of crop type, is estimated to hold the largest share in the indoor farming technology market, in terms of value, in 2020

The consumption of fruits has witnessed an overall double-digit growth in the last few decades, and this trend is expected to continue over the next few years. The high demand for fruits & vegetables has encouraged farmers to produce higher and better yields, owing to which they adopt modern and high-end technologies. For this study, fruits & vegetables comprise leafy greens, tomatoes, strawberries, eggplants, and other crops. Fruits & vegetables form an important segment of the indoor farming technology market since advanced greenhouse methods and technologies are used on a large scale to grow the produce throughout the year. Using indoor vertical farms for the production of fruits & vegetables, more outdoor area is made available for the production of cereals and fodder crops.

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Europe is projected to dominate the majority market share, in the global indoor farming technology market, in terms of value, in 2020

Europe dominated the indoor farming technology market and is growing at a steady CAGR during the forecast period. Recently, the interest in indoor farming has been growing across all major European cities. In response to the growing demand for food, rapid urbanization, and increasing need for new productive soils, indoor farming is expected to be a leading farming technology and a financially viable solution. Indoor farming could play an important role in contributing to urban food security and enabling year-round production in Europe. The European Environment Agency (EEA) is building indoor farms to overcome challenges such as climate changes, continuous population growth, and producing food in a more environment-friendly manner.

According to national government statistics, the adoption of hydroponics has been witnessed to be the highest across all European countries. The Netherlands has the world’s highest adoption rate for hydroponic systems of over 80%, majorly for its flowers and vegetable production. In contrast, Spain, France, Greece, and Poland have around 20% adoption for hydroponic systems. Across all European countries, tomatoes and peppers are the major cultivated crops, while berry and melon are majorly cultivated using traditional soil-based greenhouses. Flower production has been high across European countries, majorly the Netherlands and Poland, where flowers have a higher economic value.

Key Players:

This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the indoor farming technology market. It includes the profiles of leading companies, such as Signify Holding (Netherlands), Everlight Electronics (China), Argus Control Systems (Canada), LumiGrow (US), Netafim (Israel), Logiqs (Netherlands), Illumitex (US), Hydrodynamics International (US), American Hydroponics (US), Richel Group (France), Vertical Farm Systems (Australia), General Hydroponics (US), Agrilution (Germany), Heliospectra AB (Sweden), Scotts Miracle Gro (US), Hydroponics System International (Spain), Advanced Nutrients (US), Emerald Harvest (US), VitaLink (UK), and Grobo (US).

Yeast Market to Showcase Continued Growth in the Coming Years

 The report “Yeast Market by Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Probiotics Yeast), Form (Active, Instant, Fresh), Genus (Saccharomyces, Kluyveromyces), Application (Food, Feed), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, The global yeast market size is projected to reach USD 6.1 billion by 2025. According to MarketsandMarkets, the global yeast market size is estimated to be valued at USD 3.9 billion in 2020 and is projected to reach USD 6.1 billion by 2025, recording a CAGR of 9.6%.

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The fresh segment is projected to witness significant growth during the forecast period

Based on form, the yeast market is segmented into active, instant, and fresh. The fresh segment is projected to witness significant growth during the forecast period. Fresh yeast is majorly used in the production of bakery & confectionery products in the food industry. As it is a naturally- extracted food additive and a rich source of proteins, vitamins, and minerals, fresh yeast makes a perfect ingredient for bakery food products. The segment also accounted for a significant share in the global yeast market in 2019.

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186 – Pages

The food segment is projected to hold a major share in the yeast market during the forecast period

Based on applications, the yeast market is segmented into food, feed, and other applications. The food segment is estimated to account for a larger share in the yeast market due to the growing usage of yeast in the bakery industry to produce fresh and high-quality products. Yeast is increasingly used in the food industry as a baking ingredient, flavorings, and seasoning agents. Since the demand for processed & baked food and non-carbonated beverages is increasing due to the changing lifestyle of consumers, the growth of the yeast market is projected to remain high.

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The Asia Pacific region is projected to witness the fastest growth during the forecast period

The Asia Pacific yeast market is projected to witness the fastest growth in the coming years. The large consumer base and increasing disposable incomes in India and China are factors that are projected to drive the demand for convenience & bakery food products with enhanced flavors. In addition, China and Japan are manufacturing hubs for yeast with increased concentration of manufacturers in these countries that focus on catering to the demand for yeast-based food & feed products. The rapid urbanization in countries, such as India and China, is a key factor that is projected to drive the growth of the yeast market in Southeast Asia during the forecast period.

This report includes a study of the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies, such as include Angel Yeast Co. Ltd. (China), Associated British Foods PLC (UK), DSM N.V. (Netherlands), Kerry Group PLC (Ireland), Alltech (US), Lesaffre Group (France), Synergy Flavors (US), Sensient Technologies Corporation (US), Chr. Hansen Holdings A/S (Denmark), Lallemand Inc. (Canada), Leiber GmbH (Germany), Oriental Yeast Co., Ltd. (Japan), Halcyon Proteins (Australia), Food Chem International (China), ICC Brazil (Brazil), Biorigin (Brazil), Pacific Fermentation Industries (Canada) and Novozymes (Denmark).