Feed Processing Market : Competitive Landscape, Regional Outlook and Driving Factors

 The report "Feed Processing Market by Type (Cleaning & Sorting, Grinding, Mixing, Conditioning & Expanding, Dosing & Batching, Pelleting, Extrusion), Mode of Operation, Livestock, Form of Feed, and Region - Global Forecast to 2023", The feed processing market is estimated at USD 21.61 Billion in 2018 and is projected to reach USD 26.62 Billion by 2023, growing at a CAGR of 4.3% during the forecast period. The market is driven by factors such as the rising awareness of feed nutrition and health, technological advancements in the equipment industry, customized services, and increase in the demand for feed around the world.

Based on type, the testing & analysis segment is projected to grow at the highest CAGR from 2018 to 2023. The need to understand the composition of feed was driven by the demand for balanced feed and improved additives from the stakeholders in the feed industry. Several advanced rapid analytical methods and technologies have been developed to conduct a wide range of tests and analyses of animal feed, which include pathogen testing, fat & oil analysis, mycotoxin analysis, nutritional labeling, and pesticide testing.

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The pellets segment, by form of feed, accounted for the largest share of the global feed processing market in 2017. Pelleting is subsegmented into pellet mills, pellet crumblers, and others (block presses and feeders). Pellet feed is made from the mash, which is heated and compressed into a pellet, whereas crumbles are mostly made from whole pellets, which are cracked or rolled into a smaller size.

One of the major restraining factors for the growth of the feed processing market is market consolidation. For instance, in December 2017, Pavan Group was acquired by GEA Group AG (Germany) in Italy. This acquisition enabled GEA in extending its technological portfolio by adopting extrusion and milling technologies for processed food and feed products.

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Companies such as Andritz (Austria), Buhler (Switzerland), Pavan (Italy), Clextral (France), and Muyang (China) collectively account for a share of more than half of the feed processing market. These companies have a strong presence in Europe and the Rest of the world (RoW). They also have manufacturing facilities across these regions and a strong distribution network.

Growth Strategies Adopted by Major Players in Larvicides Market

 An increase in the occurrence of diseases, particularly in developing countries, has increased the focus on the control of pests, worldwide, thus fuelling the overall growth of the larvicides market. Using larvicides is an effective method of reducing the number of larvae, and, in turn, adult insects that disperse, have the potential to spread disease, and lay eggs that increase the pest population. The larvicides market is projected to reach USD 952.7 million by 2023, at a CAGR of 4.86% from 2018.

Advances in the development of new microbial-based larvicides and insect growth regulators are expected to play a significant role in the market growth of larvicides. Microbial formulations are extremely effective in multiple habitats and are safe to non-target organisms. Many chemicals, including IGRs such as pyriproxyfen, diflubenzuron, and spinosad, which were previously being used in agricultural, are now being used as larvicides in vector control. However, the development process of larvicides for public health use is lengthy, expensive, and unprofitable. Improved regulatory governance of larvicides could remove the barriers faced by the companies, and thus, spur the development and commercialization of new larvicides.

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The outbreak of diseases such as Zika fever, dengue, chikungunya, and yellow fever has increased the focus on mosquito control, worldwide. The latest outbreak caused by mosquitoes was the Zika virus outbreak (transmitted by mosquito species A. aegypti and A. albopictus) in the Americas, in 2017. In order to prevent or control such situations, many government authorities have regulations on public health and sanitation in place. Such regulations have a positive impact on the overall larvicides market due to their proven efficacy, cost-effectiveness, environmental impact, and sustainability. Thus, the public health sector compared to other sectors is projected to grow at the highest CAGR during the forecast period.

Diseases transmitted by mosquitoes have become a major concern in Asian and South American countries. In Africa, mosquito bites can be lethal, as they are vectors of many diseases such as malaria, dengue, and chikungunya; thus, the market for larvicides in mosquito control is projected to grow at the highest rate during the forecast period.

Asia Pacific is projected to be the fastest-growing region in the larvicides market from 2018 to 2023. Diseases such as malaria (Plasmodium falciparum and P. vivax), dengue fever, dengue hemorrhagic fever, and schistosomiasis are widespread, in the region, due to the tropical climate in Asian countries. Rise in urbanization and increase in population density also increase the chances of disease transmission due to insect attack. The growing livestock and housing markets in the region are also favoring the development of the larvicides market. Thus, larvicides are being used in Asian countries for both pre-elimination and control of diseases transmitted by insects and nematodes.

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The various contributors involved in the value chain of the larvicides market include raw material suppliers, R&D institutes, larvicides manufacturing companies such as BASF (Germany), Bayer (Germany), Sumitomo Chemical (Japan), Adama (US), and Certis (US) and government bodies & regulatory associations such as the US Department of Agriculture (USDA).

Growth Strategies Adopted by Major Players in Feed Additives Market

  According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.

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Impact of COVID-19 on feed additives market

The outbreak of COVID-19 has brought serious medical, social, and economic challenges. Where the medical community is focused on developing successful diagnostic and medical treatment, the feed industry is also focused on manufacturing healthy products using for animals using feed additives to combat diseases by providing immune support.

Owing to the increasing COVID-19 pandemic outbreak in various regions/countries, the feed additives market in 2020 was observed to witness a decline due to the lockdowns in various countries, closure of the international borders, and delay in cross border transit that has led to supply chain hindrances. The social distancing and the other measures taken by the regional governments limit the number of people who can work together in small areas. Thus, the decline in 2020 in the feed additives market growth was mainly due to the major impact of the COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for feed additives would witness a slight increment in the upcoming years till 2026.

Key players in this market include Cargill (US), ADM (US), Dupont (US), Evonik (Germany), BASF (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), Chr Hansen (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US), Palital Feed Additives B.V. (Netherlands), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (US), NUQO Feed Additives (France), and Novus International Inc. (US).

The key players are fixated upon improving their market shares, while their newer start-ups are being established rapidly in the market. The feed additives market can be classified as a competitive market as it has the presence of a large number of organized players, accounting for a major part of the market share, present at the global level, as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies, particularly in the Asian markets.

Cargill is involved in the manufacturing and marketing of food, agricultural, financial & industrial, and animal nutrition & protein products. The company offers feed ingredients through the animal nutrition business segment. Cargill’s animal nutrition provides feed additives through its brand, Promote for poultry, swine, beef, and dairy. It offers products such as probiotics, enzymes, antioxidants, and mycotoxin detoxifiers. The company operates across 70 countries with R&D centers in Europe, North America, and Latin America that provide services in various countries of Africa, Europe, Asia, Latin America, North America, and the Middle East to improve its global presence significantly.

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Archer Daniels Midland Company (ADM) is primarily engaged in the production of food ingredients, animal feed & feed ingredients, biofuels, and naturally-derived alternatives to industrial chemicals. The company operates through four business segments, namely, agriculture services and oilseeds, carbohydrate solutions, nutrition, and others. It offers feed additive products through its subsidiary ADM Animal Nutrition, Inc. (US). It offers specialty ingredients, premixes & blending, and feed products for animal health. ADM is identified as one of star players in the feed additives market as the company offers a wide range of products with its key focus on innovation in the market.

Latest Innovation in Global Plant Factory Market

 According to the new market research report "Plant Factory Market by Growing System (Soil-based, Non-soil-based, and Hybrid), Facility Type (Greenhouses, Indoor Farms, Other Facility Types), Light Type, Crop Type (Vegetables, Fruits, Flowers & Ornamentals), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Plant Factory Market size is estimated to be valued at USD 121.8 billion in 2021 and projected to reach USD 172.5 billion by 2026, recording a CAGR of 7.2% during the forecast period.

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Plant factories have evolved considerably and are equipped with technologies for climate control, supplemental lighting, irrigation control, and material handling, among others. These control systems regulate internal conditions such as temperature, humidity levels, light intensity, and communication technologies for remotely monitoring the plant factory parameters. Since the early 1980s, this industry began to gain importance among growers, majorly due to the unmatched yield obtained from this technology. The recent advances in urban farming and the emergence of vertical farming technology have further fueled the growth of this market.


The vegetables segment, by crop type, is projected to witness significant growth during the forecast period.


Vegetables that can be grown in plant factories include tomatoes, squash, broccoli, artichoke, beans, and peas. A few other vegetables are leafy greens, including spinach, kale, and arugula, and high-producing crops, such as lettuce and cucumber. Vegetables have a relatively short harvest time compared to fruits, which can be further reduced through cultivation in a plant factory. Apart from tomatoes and leafy greens, plant factories are also being adopted for cucumbers and pepper production in recent years. The growth potential for these crops is expected to be high.

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155 – Tables
52 – Figures
226 – Pages


The European region dominates the plant factory market with the largest share in 2021.


Europe has traditionally been at the forefront of implementing advanced techniques in smart greenhouse horticulture. Countries such as the Netherlands, Spain, and France have large areas under greenhouse cultivation. Advancement in greenhouse farming has supported the growth of plant factories in Europe.


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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, AeroFarms (US), BrightFarms (US), Gotham Greens (US), Bowery Farming (US), AppHarvest (US), Plenty Unlimited Inc. (US), Mirai Co. Ltd. (Japan), Kalera (Norway), and Farminova (Turkey).

Catalyst Fertilizers Market: Competitive Landscape, Regional Outlook and Driving Factors

  The catalyst fertilizers market is projected to reach USD 2.5 billion by 2023, from USD 2.3 billion in 2018, at a CAGR of 2.36% during the forecast period. The market is driven by factors such as rising fertilizer production and growing concern about emissions of greenhouse gases.

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The use of base metals for fertilizer production is projected to witness high growth during the forecast period.

Iron, copper, and nickel are the major base metals that exhibit efficient catalytic activity and are the majorly consumed catalysts across all industries. These metals are abundantly available in the market and are easily extracted by a majority of companies. These are less expensive as compared to precious metals, and the number of players offering these metals for catalytic action is also very high. Thus, it is projected to grow at the highest CAGR from 2018 to 2023.

Haber-Bosch process is estimated to dominate the catalyst fertilizers market in 2018.

Nitrogenous fertilizers are one of the highly consumed nutrients across the globe while ammonia is the most common nitrogen product used as a fertilizer. With the emergence of the Haber-Bosch process, ammonia synthesis has increased by a manifold with the help of catalysts. Since ammonia is the most produced fertilizer, which is further converted to urea and ammonium phosphates, Haber-Bosch is the dominant process for ammonia fertilizer production where catalysts are an important part of the plant process design.

Asia Pacific is estimated to dominate the market in 2018 and is projected to be the fastest-growing in the market through 2023.

With large fertilizer production in the Asia Pacific countries, the region dominated the market in 2017 and is projected to witness the fastest growth in the catalyst fertilizers market through 2023. The Asia Pacific market for catalyst fertilizers is driven by the rising need to increase crop yield and growing production of fertilizers.

The growth in the production of fertilizers is mainly attributed to the increase in the consumption of fertilizers and support from the governments to increase production. The expansion of production facilities for ammonia and sulfuric acid in China and India and the growing awareness among manufacturers about the benefits of catalyst fertilizers in emission control of hazardous wastes are expected to provide more scope for market expansion.

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This report includes a study of the development strategies of leading companies. The scope of this report includes a detailed study of catalyst fertilizers manufacturers such as Clariant International (Switzerland), DowDuPont (US), Project & Development India Ltd. (India), Johnson Matthey (UK), Haldor Topsoe (Denmark), LKAB Minerals (Sweden), N.E.Chemcat (Japan), QuantumSphere Inc. (US), Quality Magnetite (US), and Oham Industries (India).

Sprinkler Irrigation Systems Market: Outlook, COVID-19 Impact Analysis, Forecast to 2025

 Farmers and governments are realizing the importance of irrigation in agricultural production and yields. Sprinkler irrigation is a crop irrigation system that uses machinery to provide a specific amount of water and has the ability to control and monitor the water resources, resulting in water and energy savings. The sprinkler irrigation systems market is estimated at USD 2.4 billion in 2019; it is projected to grow at a CAGR of 1.9%, to reach USD 2.7 billion by 2025.

Various manufacturers are developing advanced sprinkler irrigation systems that are quick and efficient as they are equipped with additional precision farming features such as GPS, sensors, and remote-control technology, or further enhancing the existing mechanical features in their products. The demand for agricultural equipment that can be controlled remotely has increased globally, and sprinkler system manufacturers are also incorporating the same in their products. Valmont Industries and Reinke Manufacturing Company have developed sensor-based irrigation systems, which monitor the soil moisture for irrigation purposes.

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On the basis of type, the lateral move segment is projected to record a higher growth rate during the forecast period. The primary advantage of lateral move systems is that it can irrigate rectangular fields. Furthermore, unlike pivots, these systems have a uniform pressure along the length and are more labor-intensive. These factors are projected to contribute to higher growth of lateral move systems.

On the basis of crop type, the adoption of sprinkler systems is projected to remain high for other crops such as sugarcane and forages. According to the FAO, in 2017, Brazil was the main producer of sugarcane across the world. Though sprinkler irrigation is not that widely used for sugarcanes, research on the application of center pivots in Brazilian sugarcane fields is gaining traction, thereby promoting the use of these systems for sugarcane production. In addition, recently, modern sprinkler systems are being put into use for irrigating forages. Stationary sprinklers such as permanent set systems are used for fields as large as 10 acres; portable systems such as center pivots, lateral move, side rolls, and traveling guns are typically used for larger fields. Due to these factors, the others segment, on the basis of crop type, is projected to grow in the sprinkler irrigation systems market.
Development of innovative sprinkler irrigation systems is projected to provide profitable opportunities for the market growth, globally.

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Technological advancements are largely adopted by key players for incorporating additional features or enhancing the already existing features in their products. The development of remotely controllable systems and user-friendly control panels enable farmers to handle center pivots and irrigation stream flow effectively. Leading players such as Valmont Industries, Lindsay Corporation, T-L Irrigation, and Reinke Manufacturing Company mainly focus on developing new products to sustain its position in the global market.

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.

COVID-19 Impact on the Global Food Safety Testing Market

The COVID-19 pandemic is projected to have a significant impact on the food market, as it has highlighted the significance of safe, healthy, and nutritive eating. Food security, food safety, and food sustainability are recognized as strongly affected dimensions of food systems during the Covid-19 pandemic. The use of e-commerce to order deliveries of groceries and restaurant meals has risen sharply. Restaurant operators with established drive-thru and pick-up operations have fared much better than those competitors without. Sharp shifts in consumer behavior related to the food they consume were observed, with a higher preference for safety and quality. These have further propelled the manufacturers to assess the safety parameters of their food products to be able to sustain their product values in the market.

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Foodservice buyers worldwide have been affected tremendously by foodborne illnesses among consumers, and this has directed their attention toward obtaining certification of food safety assurance. Food manufacturers are willing to pay for testing and certification and have included this practice in their manufacturing cycles. Food companies, major retailers, and importers have been undertaking food safety testing to reduce the occurrence of foodborne diseases and legal conflicts as well. Food safety assurance has become important for food companies to comply with the global standards of food processing and labeling and meet the consumer demand for food safety.

Food safety testing is conducted at critical levels of production and works as an essential step in certifying the quality and safety of food items served to customers. In the US, food recalls occur frequently. As a result, food production, food service, and food retail companies, together with government regulators, have increased efforts to ensure food safety, leading to the growth of the food safety testing market.

Europe is estimated to be the largest market.

The market in this region is primarily driven by growth in the German and UK markets. It is also driven by European food policies that have been extensively emphasized by the National Reference Laboratories (NRLs) and the European Reference Laboratories (EURLs) to maintain food standards and protect consumer health. The market is further fueled by the presence of major food safety testing companies such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), and Intertek Group plc (UK), which are continuously investing and collaborating for the development of better and faster testing technologies to aid conformity to various food safety regulations.

The food safety testing market is dominated by few globally established players such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia) and TÜV SÜD (Germany). These players have adopted growth strategies such as acquisition and agreements to increase their presence in the global market.

SGS SA primarily offers inspection, verification, testing, certification, and quality assurance services. The company has nine business segments—consumer & retail; agriculture food & life; oil, gas & chemical; minerals; industrial; government & institution; transportation; certification & business enhancement; and environmental health & safety. It offers food safety testing through its agriculture food & life segment. The company operates through a network of more than 2,400 offices and laboratories across Europe, the Middle East, the Americas, Africa, and the Asia Pacific. With its strong presence, the company has established a strong market share and is identified as a strong player in the global food testing market. Its subsidiaries include SGS North America Inc. (US), SGS Germany GmbH (Germany), SGS India Private Ltd (India), and SGS United Kingdom Limited (UK). Major competitors of the company include Eurofins (Luxembourg), Intertek (UK), and Bureau Veritas (France), among others.

Eurofins is an international group of laboratories that provide testing and support services to the pharmaceutical, food, environmental, agricultural, and consumer products industries and governments. The company capitalizes on a portfolio of 150,000 reliable analytical methods that enable it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products & biological substances. It offers testing services through the following 13 divisions—food & feed testing, biopharma services, agroscience services, agro testing, clinical diagnostics, cosmetics testing, consumer product testing, forensic services, environmental testing, genomic services, medical devices, Eurofins technologies, and REACH services. It offers food testing services under its food & feed testing division.

Food Safety Testing Market Dynamics

Driver: Increase in global outbreaks of foodborne illnesses

Incidences of foodborne illnesses occur primarily due to the consumption of food contaminated with a mycotoxin, pathogens, or the growth of yeasts and molds. The presence of pathogens such as Salmonella, Campylobacter, E. coli, and Listeria could compromise the microbiological safety of food, thereby resulting in foodborne illnesses. Furthermore, in the UK, around 1 million people suffer from foodborne illness, and nearly 20,000 people receive medical treatment for foodborne illnesses every year. Additionally, around 500 death cases have been reported due to food poisoning each year, costing close to USD 2.0 billion. Thus the market for food safety testing is steadily growing.

Restraint: Complexity in testing techniques

Existing technologies for food authenticity testing involve various difficulties in providing valid test results. Many chemical tests are unable to detect and quantify unknown adulterations. Other screening methods available in the laboratories are reported to have shortcomings in detecting and quantifying unknown adulterants. Thus many market players are investing into R&D inorder to develop more efficient and effective technologies.

Opportunity: Technological advancements in the testing industry

The focus on reducing lead time, sample utilization, cost of testing, and drawbacks associated with several technologies have resulted in technological innovation and the development of new technologies in spectrometry and chromatography. Wide-scale adoption of these technologies is an opportunity for medium- and small-scale laboratories to expand their service offerings and compete with large market players in the industry, as these technologies offer higher sensitivity, accuracy in results, reliability, multi-contaminant and non-targeted screening with low turnaround time, among other benefits.

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Challenge: Lack of harmonization of food safety standards

Neither ingredient suppliers nor retailers or food service companies are well served when duplicative standards and audits raise total costs for food certification without enhancing or ensuring the overall safety of food. Industrial experts have often suggested uniform and harmonized food safety standards to reduce the multiplicity of food laws for better efficiency. To eliminate the duplication and overlap among the multiple standards, government and private-sector stakeholders should work together to create transparent and uniform food certification standards.