Agricultural Coatings Market is expected to Grow at a CAGR of 7.87% by 2022 to 2030

Agrochemicals Market Size Anticipated to Grow At USD 458.47 Billion by 2030, With CAGR Of 4.50% By 2023–2030

Market Overview

Market Research Future (MRFR) findings on the Global Agricultural Inoculants Market 2020 reveal different factors that can impact the market across the review period 2023 – 2030. The Global Agricultural Inoculants Market can thrive at 10.13% CAGR in the forecast period. The preference for organic foods is rising significantly, influencing their demand.

This is anticipated to drive the agriculture inoculant market research report in the years to come. In addition, high investment in the identification of organic molecules and the development of cost-effective right formulation to enhance plant metabolism performance in a short span can support the expansion of the agricultural inoculants market across the study period.

The high traction of agricultural inoculants due to their benefits, such as better crop yield, improved nutrient efficiency by minimizing loss and refining nutrient uptake can support the expansion of the agriculture inoculant market across the analysis period.

Market Segment Analysis

The segment assessment of the Agricultural inoculants market is done by crop type, source, and application.

The type-based segments of the agriculture inoculants market are oilseed & pulses, cereals & grains, and fruits & vegetables among others. The surge in demand cereals and grains can drive their cultivation across developing and developed economies. This is expected to support the expansion of the agriculture inoculant market through the review period. The cereals and grains segment can earn high turnover for the global market in the years to come.

The source-based segment of the agriculture inoculants market are bacterial, and fungal among others. Bacterial inoculants can significantly boost agronomic efficiency as they are likely to curb environmental pollution. This is accepted to support the market. The affordable production costs of bacterial inoculants can also impact the expansion of the market in the years to come. The hazardous effect of chemical fertilizers can be made negligible by efficient inoculants.

The application-based segments of the agriculture inoculants market are soil inoculation, and seed inoculation among others. The soil inoculation segment can earn high profits for the global market.

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Regional Analysis

The agricultural inoculants market trends are studied across North America, EU, and APAC. North America agriculture inoculants market can experience gradual surge in its value across the study period, states MRFR regional findings. The agricultural inoculants market expansion is attributed to the expansion of population base, resulting in escalation of demand for enhanced agricultural products. There are different players that are actively focused on research & developments projects of enhance agricultural solutions. These are creating the need for agricultural inoculants across the analysis period. The presence of North American regulations conforming of agricultural inoculants practise can also support the regional market. The EU agricultural inoculant market is observed to hold a huge growth potential and can thrive in the years to come. The rise in the agricultural inoculant market can be driven due to an increase in per hectare yield as the regional population surges, leading to a rise in demand for food. In Asia Pacific, the increase in the consumption of grains and cereals across the rising populace can impact the expansion of the regional market. In addition, the surge of the e-commerce business can support the expansion of the agriculture inoculant market in the years to come.

Key Agricultural Inoculants Market Players:

Corteva Inc (U.S.)
BASF SE(Germany)
Bayer AG (Germany)
Novozymes A/S (Denmark)
Brettyoung (Canada)
Rizobacter Argentina S.A. (Argentina)
Italpollina S.p.A. (Italy)
Advanced Biological Marketing Inc. (U.S.)
Soil Technologies Corporation (U.S.)
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The knitwear market is a continually rising space and is expected to continue increasing throughout the forecast period. The market growth is mostly attributed to the rising popularity of knitted apparel and the rise in the global economy that increases the purchasing power of consumers. Manufacturers are actively venturing into the luxury fashion market, which, as a result, is impacting the growth of the market.

The knitwear market insight is projected to grow from USD 721.81 Billion in 2022 to USD 1605.69 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.10% during the forecast period (2022 - 2030)

Increasing access to recycled cotton mix yarn, manmade & synthetic yarns, and blends with low MOQ & quick turnaround time is likely to boost the market growth. Also, favorable government policies push the growth of the market, fostering production and exports in their country. Besides, funding support from public and private sectors for R&D to drive technology upgrades increase the size of the market.

Additionally, factors such as the briskly growing e-commerce industry and increasing industrialization across the world drive the growth of the market. On the other hand, price volatility in a number of chemical compounds, including dyes & salt used in the knitwear industries, is a major factor impeding the growth of the market. Nevertheless, rising numbers of clothing line launches would support market growth throughout the assessment period.

Global Knitwear Market - Segments

The report has five segments for a better understanding,

By Material Type : Natural, Synthetic, and Blended.

By Category : Men, Women, and Kids.

By End-Use : Innerwear and Outerwear.

By Distribution Channel : Store based and Non-store based.

By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.

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Global Knitwear Market - Regional Analysis

Asia Pacific dominates the global Knitwear market, witnessing the rising demand. The largest market growth attributes to the increasing awareness among customers regarding the changing fashion trends and rises in per capita disposable income. Moreover, the growing trend of outsourcing production operations to APAC countries is fuelling the regions market growth. Also, lucrative incentives, such as the increased limit of foreign currency loans for knitwear manufacturers and exporters, foster the regional market growth.

Besides, funding support from public and private sectors in the region for R&D to drive technology upgrades support the market growth. Additionally, factors such as the briskly growing e-commerce industry in the region, alongside the increasing industrialization in developing economies, take the market forward. Heading with the heightened demand from major fashion markets, the APAC knitwear market is expected to retain its dominance throughout the forecast period.

Knitwear markets in Europe and North America are also demonstrating significant growth on the global front. Factors such as the presence of several prominent players in these regions, alongside the higher purchasing power of customers to buy premium knitwear products, act as a key driving force behind the market growth. Europe and North America Knitwear markets are expected to hold a major share in the global market during the assessment period.

In North America, increasing awareness among people and strong demand for Knitwear from the fashion apparel industry is driving the growth of the market. The US market holds a significant share in the regional knitwear market. Besides, the presence of major manufacturers such as St. John and Ralph Lauren, who are reinventing themselves pivoting from, power dressers to modern apparel, impacts the regional market growth positively.

The Knitwear market outlook in Europe is growing at a substantial CAGR due to the strong presence of major players such as Puma SE and The Nautical Company (UK) Ltd. Besides, factors such as the large-scale demand in clothing & furnishing industries are driving the market demand for Knitwear in the region. Germany accounts for the major contributor to market growth, followed by Italy, France, Spain, and the Netherlands.

Global Knitwear Market - Competitive Analysis

Manufacturers strive to offer quality knitwear using the best knitting technologies to develop a range of apparel, including sweater manufacturer, cardigan manufacturer, pullover manufacturer, and Christmas jumpers manufacturer. They sell their clothing lines to all major retail stores and department store & catalog companies. Manufacturers develop and market premium & luxury collection using sustainable yarns like Scottish cashmere, Italian Merino, British Lambswool, Linen, and Indian Cotton, etc.

Also, they try to gain access to recycled cotton mix yarn, manmade & synthetic yarns, and blends with low MOQ & quick turnaround time. They develop state-of-the-art infrastructure equipped with advanced knitting technology and make-up & washing equipment, accompanied by highly skilled staff, to fabricate any design to perfection.

Major Players:

Adidas AG (Germany)

Gildan Activewear Inc. (Canada)

Loro Piana S.p.A. (Italy)

Puma SE (Germany)

Ralph Lauren Corporation (the USA)

The Nautical Company (UK) Ltd

Victoria's Secret (the USA)

Maglificio Ripa S.p.a (Italy)

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Poultry feed is referred to as "complete" feed, as, it is designed to contain all the vitamins, protein, energy, minerals, and other nutrients important for proper growth, egg production, and health of the birds. Mixing any other ingredients with the feed or fed separately, upsets the balance of nutrients in the "complete" feed, hence, feeding additional grain or supplement with the complete poultry feed is not recommended.

The poultry feed market Research is projected to develop with at a rate of 6.4% from 2022 to 2030 and arrive at a market worth of USD 218 billion before the finish of 2030.

Poultry Feed Market Size is Estimated to Reach to USD 218 Billion by 2030 at 6.4% CAGR By 2022-2030, Due to Increase in demand for poultry meat products

The global poultry feed market is growing rapidly mainly due to the increasing animal protein demand which is expected to remain as a major driving force for the market throughout the forecast period. Moreover, the growing population and the increase in the quality of meat production alongside the rise in per capita disposable income are escalating the market on the global platform. 

Acknowledging exponential accruals that the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global poultry feed market will continue to observe exploding growth in the years to come registering a phenomenal CAGR throughout the forecast period (2022 – 2030).

Additional factors boosting the market growth include the increasing demand for fast-food and processed food coupled with the augmented poultry exports. Increasing poultry consumption in the US, UK, and Argentina led by the rising prices of beef is projected to influence the growth of the market positively. Flexible government regulations towards animal feed in countries such as Brazil, China, and India are expected to benefit the growth of the global poultry feed market further.

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The growth of the poultry feed market is attributed to the high popularity of poultry meat across the globe, increasing awareness for healthy meat and cost efficiency of production, etc. The growing preference for poultry meat in some of the Asian and South American countries such as India, China, and Brazil, etc. would help the market to grow substantially.

On the other hand, factors such as the prevalence of poultry diseases like bird flu and others are expected to restrict the growth of the market. Also, the rising cost of key raw materials and price volatility of agricultural commodities used for manufacturing of poultry feed will act as a major headwind, hampering the growth of the market.

Nevertheless, factors such as the availability of advanced poultry feeds that are available with several types of medications for preventing or treating diseases and the augmenting demand for the packaged poultry feed, providing new opportunities for the growth for the industry participants. 

Global Poultry Feed Market – Segments

For enhanced understanding, the market has been segmented into four key dynamics: -

By Source    : Coarse Grains, Animal Proteins, Vegetable Proteins, and Micro-Ingredients among others. 

By Type                       : Layers, Broilers, and Dual-purpose among others.

By Form                      : Mash, Pellets, Crumbles, and Scratch Grain among others.

By Regions   : North America, Europe, Asia Pacific, and the Rest-of-the-World.

Poultry Feed Market Overview 2030: The global poultry feed market is an essential component of the thriving poultry industry, contributing significantly to the world's food supply and economy. As we enter the year 2030, the poultry feed market is set to experience a transformative shift driven by various factors such as population growth, changing dietary preferences, advancements in technology, and increasing awareness of sustainable practices. This article aims to provide an overview of the poultry feed market in 2030, highlighting the key trends, challenges, and opportunities that lie ahead.

Global Poultry Feed Market – Regional Analysis

The North American region heading with its largest poultry business, dominates the global poultry feed market with the largest market share. Factors such as the changing food consumption pattern and high consumption of poultry food items are estimated to generate high revenue pockets in the poultry feed market in the region, influencing the high production volume.

Also, there are a large number of poultry farms and consumers of poultry items in the region that drive market growth. Besides, the presence of many well-established players impacts the market growth in the region, positively. Moreover, factors such as the increasing health concerns are driving the market, increasing the consumer inclination towards the protein food.

The poultry feed market in the European region stands the second position, globally, in terms of the market size. The changing consumer preferences towards protein food products and the growing importance of health and wellness among the consumers, especially in Germany, the UK, and Russia are some of the factors supporting the market growth in the region.  Furthermore, the developing economy in the region has led to an increase in disposable income which is enabling Europe to generate a substantial revenue pocket.

The Asia Pacific poultry feed market is emerging as a profitable market, globally. Factors such as the higher-level production, ever-increasing population in some of the rapidly developing countries like China and India, and the changing lifestyles of the consumers are anticipated to stimulate the growth of the overall poultry feed market in the region during the assessment period.

Furthermore, the growing inclination towards poultry items led by the increasing awareness about its associated health benefits is impacting the growth of the regional market, positively.

Global Poultry Feed Market – Competitive Analysis

Highly competitive the poultry feed market appears to be fragmented with the presence of many large and small-scale players. Innovation, M&A, and brand reinforcement remain key trends for these players. They strive to develop a cost-competitive manufacturing method that can reduce the price of the product as a whole and increase the shelf life of the product.  The market competition is estimated to intensify with the expected product innovations and extensions.

Matured key players are increasingly inclined towards enhancing the production of poultry feed to satiate the growing demand and emphasize more on delivering unique products with extended shelf-life to create product differentiation which is seen to be one of the key focus areas.

Major Players

Charoen Pokphand Foods PCL (Thailand), Cargill Inc. (U.S.), Alltech Inc. (U.S.), Archer Daniels Midland (U.S.), De Heus B.V. (Netherlands), Land O' Lakes Inc. (U.S.), ForFarmers N.V. (Netherlands), Nutreco N.V. (Netherlands), NEOVIA Group (France), BASF SE (Germany).

Industry/innovation/Related News:

A team of researchers from three Brazilian universities, the State University of Santa Catarina, the Federal University of Rio Grande do Sul, and the Federal University of Santa Maria published their study of exploring the use of glycerol monolaurate (GML) or lauric acid as an alternative to antimicrobial use in the diets of broiler chickens in Microbial Pathogenesis. The result of the study signifies that lauric acid has the potential to be used as AB alternative in poultry production. Adding lauric acid to poultry feed can boost poultry growth, weight gain and support bird health when used as an antibiotic replacement.

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A team of researchers from across the world at Kansas State University in the US, the Federal University of São Carlos and the Federal University of Pampa in Brazil are exploring the usage of Brazilian ginseng (Pfaffia paniculata) and sorghum (SOR) in the diets of grown Japanese quail. The academics discovered that the usage of a crushed sorghum-based diet amplified feed intake and decreased laying ratio and egg weights as compared to the corn diet.

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Gourmet Salt Market is projected to register a CAGR of 6.17% to reach USD 0.6 billion by the end of 2030

Agricultural Enzymes Market – Overview

The rise in agricultural yield globally is motivated by the use of enzymes that help in enhancing the yield from limited land resources available globally. Reports that appraise the food, beverage, and nutrition industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects. The market is expected to harness growth with a CAGR of 11.30 % in the forecast period.

The escalated demand for organic products is expected to encourage the agricultural enzyme market in the coming years. The need to ensure high agricultural productivity is expected to be a key motivating factor for the agricultural enzyme market overview in the forecast period. Moreover, the change in farming patterns is expected to create possibilities for growth in the forecast period.

Segmental Analysis

The segmental evaluation of the agricultural enzyme market is carried out on the basis of type, function, application, and region. On the basis of types, the agricultural enzymes market is segmented into proteases, phosphatases, sulfatases, and others. Among all the segments, the phosphatases segment is anticipated to be the fastest increasing segment over the forecasted period. On the basis of function, the agricultural enzymes market is segmented into crop protection, fertility, and plant growth regulation. Among all the segments, the fertility segment is leading the agricultural enzyme market. Based on the application, the agricultural enzymes market is segmented into oil seeds & pulses, grains & cereals, fruits & vegetables, and others. Among the segments, the grains & cereals segment is expected to govern the market due to its position as a staple food in many emerging countries. Based on the regions, the agricultural enzyme market comprises of North America, Europe, Asia Pacific, and rest of the world (RoW).

Detailed Regional Analysis

The regional study of the agricultural enzymes market research comprises of North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is governing the agriculture enzyme market followed by the European region. The U.S. and Canada are the foremost contributors in the North American region for the agricultural enzymes market. Strict government regulations about food safety are motivating the agricultural enzymes market in this region. Spain and Germany are the chief suppliers in the agricultural enzymes in the European region’s market. The Asia Pacific region is anticipated to be the fastest rising region for the agricultural enzymes market. The surging agricultural practices in countries such as Japan, India, China, and Indonesia are motivating the growth of agricultural enzymes in this region. In the rest of the world segment, Brazil is expected to account for a major share of agricultural enzymes market.

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Competitive Analysis

The upsurge in personal discretionary spending is projected to lead to the development of the market. The improvement of the distribution channels in the market is anticipated to stimulate market growth considerably. The beneficial nature of the monetary and fiscal policies is expected to tip towards strong growth in the market. The economies around the world are responding to the market forces by applying advantageous policies and cutbacks so as avert a slowdown in the advancement of the market. The variations in the income levels globally are backing the growth of the market substantially. Moreover, the escalation in international transactions is estimated to reinforce the development of the market noticeably. The optimistic effect exerted by governments in the progress of the market is anticipated to direct the market towards robust development in the approaching years. The volatility perceived in the forces that are supporting the growth of the market is expected to lead to a rather slow pace of growth.

The major contenders in the agricultural enzymes market are Monsanto Company (U.S.), Syngenta AG (Switzerland), BASF (Germany), Bioworks, Inc. (U.S.), Bayer Cropscience AG (Germany), Novozymes A/S (Denmark), DuPont (U.S.), Koninklijke DSM N.V. (The Netherlands) and AB Enzymes (Germany).

Key Players are:

Baver Cropscience AG (Germany)
BASF SE (Germany)
DowDuPont (US)
Syngenta AG (Switzerland)
Novozymes A/S (Denmark)
DSM N.V. (The Netherlands)
Bioworks, Inc. (US)
AB Enzymes (Germany)
Agrinos AS (US)
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Nut Butters’ story starts with the Peanut butter. During the earlier days, peanut butter was the only nut butter option available. Peanut butter has paved out the way for other nut-based spreads and Seed based spreads to emerge in the market with a wider range of spreads to delight the consumer’s taste buds.

Nut butters Market Research are said to be loaded with high in nutritious values like omega 6 essential fatty acids in an unprocessed form, healthy monounsaturated fat (which is generally found in Olive Oil), fiber which can help maintain healthy cholesterol levels. The market witnesses a significant rise in the number of players, meeting the exceeding consumers’ demand. This presages that the market is on the constant rise.

Assessing the kind of traction, the market is garnering currently Market Research Future (MRFR), in its recently published study report asserts that the thriving global nuts butters market will garner exponential growth by 2030, registering with CAGR of 4.50% during the forecast period (2022 to 2030).

Some nuts contain excellent quantities of Vitamin E, including hazelnuts and almonds. Owing to the above-said benefits, Nut Butters are widely preferred over other spreads available in the market. Consumers not only prefer nut butters but are also switching to Nut butter completely. Nut butter and chocolate spreads are replacing other once popular bread spreads.

The nut spreads market has been witnessing an upsurging popularity and growth from the past decade comparing to the other conventional spreads such as Jam/ marmalade /Mayonnaise. While commenting upon the report, the research analyst further states that the sales for Nut Butter have increased surpassing to the jam sales which have remained stagnant in the last few years. This popularity is the key driving force of the Global Nut Butter Market.

Other prominent driving forces propelling the global nut butter spread market include ‘product innovation’ which is the key for emerging brands that are giving a tough competition to the already established ones in the nut butter market. The players of this highly competitive market are being innovative in their marketing strategies or the product launches.

A wide range of nut butter types and flavors is available in the nut butter segment, for instance, the flavors include like sesame, sunflower, soy nut butter, almond, cashew, macadamia nut, coconut, and walnut. Other types include roasted, raw, smooth or chunky, mild flavor or slightly sweetened like sesame seed butter and tahini for those who are allergic to peanuts/ nuts can opt for sesame or sunflower seed butter.

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Among the regular consumers there include the health conscious populace too; whose demand has prompted the Nut Butter Market for a Low - calorie / Low - fat Nut Butters. Global Nut Butter Market Players are also trying out the trends of attractive packaging materials, e.g., Glass Bottle; the Alternatives to glass, such as PET, makers are using durable yet ductile, affordable, and sustainable packaging solutions.

Global Nut Butters Market – Segmentation

The MRFR analysis is segmented into four main dynamics, for an enhanced understanding;

By sources : Edible Nuts, Vegetable Extracts, and Oilseeds among others.

By Packaging : Squeeze Packs, and Jars among others.

By Applications : Table purpose, confectioneries, bakery products, and snacks, among others.

By Regions : North America, Europe, APAC and Rest-of-the-World.




Global Nut Butters Market – Regional Analysis

North America Nut Butters market will retain its dominance throughout the review period, growing at a phenomenal CAGR from 2017 -2027. Factors substantiating the market growth in the region include high per capita income, the presence of several production companies and the innovation they bring to their butters. Latin American countries offer ample opportunities for expansion to major players.

In Europe, the favorable instructions have steadied the consumption volume, which fell meaningfully in the past two years. Emerging economies are also gaining significant importance for the major international brands. Increased sales in Latin America and Asia have empowered producers to economize out complete sales growth.

Asia-Pacific region emerging as one of the lucrative markets for the Nut Butters Market Overview will register a significant CAGR during the forecast period (2017-2027). Countries such as China, India, Japan along with the other ASEAN countries, will witness a considerable growth owing to the improving economic conditions that are increasing consumers’ purchasing power.

Global Nut Butters Market – Competitive Analysis

Several large and small players having regional and global presence form the competitive landscape in the market. These players compete on the quality, market reach, financial resources, and pricing, whereas, innovation, brand reinforcement, and mergers & acquisitions remain the prevalent trends for the leading players operating in the global Nut Butters market. The market will witness fierce competition due to the expected extensions in product & service and product innovations.

Key Players:

Prominent players at the forefront of the market competition are Funky Nut Company, Justin's, futtersnutbutters, Nuttzo, vtpeanutbutter, Krema, Betsysbest, Bliss Nut Butters, Yopeanut, and Barney Butter. Profiling them in its analysis MRFR finds out the strategies helping them to sustain their positions in the market.

Industry/ Innovation/ Related News:

August 07, 2018 – RXBAR (US), a leading global market player and the producer of the protein bars launched its new Nut Butter line for athletes lightweight nutrition packed fuel option. Three new nut butters offer a sweet protein-packed trail option.

March 15, 2018 – RXBAR (US), a leading global market player and the producer of the protein bars introduced a nut butter spread lineup. This was the company’s first product expansion since it was acquired by Kellogg.

The new RX Nut Butters made their debut at the Natural Products Expo West show in Anaheim, California, and are sold in three flavors — peanut butter, peanut butter honey cinnamon and almond vanilla.

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