ADM (US) and AAK AB (Sweden) are the Key Players in the Release Agents Market

The key players profiled in the report have a strong presence in the global release agents market; these include major players such as ADM (US), Avatar Corporation (US), Par-Way Tryson (US), AAK AB (Sweden), and Associated British Foods (UK). Apart from these companies, other release agents companies, such as Cargill (US), Mallet & Company (US), DowDuPont (US), IFC Solutions (US), Lecico (Germany), Lallemand (Canada), Masterol Foods (US), Puratos (Belgium), Zeelandia (Netherlands), DÜBÖR (Germany), Sonneveld (Germany), and Bakels (Switzerland). These players adopted growth strategies such as expansions & investments and acquisitions to cater to the increasing demand for release agents. They are increasing their research & development expenditure to expand their release agent product portfolio.

The core strength of the key players is their strategic expansion to enhance their presence in the release agents market. Companies such as Archer Daniels Midland Company and AAK AB are expanding their production as well as R&D facilities to develop new release agents. Such strategies are expected to maximize market share and increase their overall customer base. Players such as Associated British Foods plc, DowDuPont, and Cargill adopted the acquisition strategy to improve their distribution network, gain a stronger foothold, and enhance their market share. These companies are also focused on offering a diverse range of release agents to be in line with the government policies of different regions.

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Archer Daniels Midland Company is a wholly integrated food and agricultural business that includes processing, manufacturing, and distribution of its products. The company possesses a well-established distribution network of local and international suppliers and distributors in the US and international markets, which help it to manufacture and deliver quality products at a reasonable price. The company also has a dedicated team to work in collaboration with regional, national, and international contractors and suppliers, which contribute to its strategic expertise in the market. The company is striving to maintain its leading position in the release agents market. It is focusing on the geographic expansion & sourcing, marketing, and selling its release agents products. In line with this strategy, the company expanded its business in India in May 2014. This expansion helped the company’s network and its presence in the Asia Pacific region.

AAK AB is a leading manufacturer of high-value-added specialty vegetable oils and fats solutions. It is present in diversified markets, which helps it minimize business risks and dependency on any particular business. The company has a strong product portfolio and brand image, which enables it to strengthen its position in the market. In 2016, AAK AB acquired California Oils Corporation (US); this acquisition helped the company expand its food ingredients and chocolate & confectionery fat business in the US. It has strong R&D capabilities and also offers customized product solutions that provide strategic advantages to meet the market demands.

Strong Demand for High-Throughput Screening in Plant Phenotyping Processes

The advantages of obtaining accurate qualitative and quantitative measurements using plant phenotyping technologies are the key reasons contributing to the growth of this market, globally. Plant phenotyping technologies are likely to gain traction in agricultural research and plant breeding programs and prove to be an important tool for agriculture companies, research organizations, and academic institutions focused on analyzing the environmental and genetic factors impacting the physical factors in plants. The plant phenotyping market is projected to reach USD 268.1 million by 2023, at a CAGR of 11.14% from 2018.

Automation and significant advancements in the application of imaging sensors for high-throughput data collection, growing importance of sustainable crop production using improved crop varieties, and increasing expansions and investments in plant phenotyping in developed regions are the factors expected to play a significant role in the growth of the plant phenotyping market. However, the lack of technical and conceptual awareness of the plant phenotyping process serves as a restraint for the growth of the market.

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The concept of using drones as a plant phenotyping platform is likely to witness a positive trend in terms of identification of different plant characteristics, morphology, and physiology. This platform type is projected to grow at a higher rate, as it has high demand in countries with limited manpower. Among all platform/carrier types, conveyor-based or modular systems are widely used as they have multiple functionalities when it comes to application and can also be easily integrated with additional accessories such as sensors and/or software.

In terms of services, the statistical analysis segment is projected to grow at a higher rate from 2018 to 2023. The increasing need for making sense of the quantitative data acquired in abundance is likely to have a positive effect on the services market for plant phenotyping. This is due to the need for the generation of highly reliable data and rising interest of plant breeders for this service.

Asia Pacific is projected to be the fastest-growing region in the plant phenotyping market from 2018 to 2023. The region has a higher demand for food and feed to meet the challenges of the ever-growing population. Owing to the increasing research activities in the Australian market for plant phenotyping, the region is expected to witness a rise in the overall plant phenotyping market in the coming years. Multinational companies are also focusing on marketing their products and services of plant phenotyping in these regions, through collaborations and networks to increase awareness among plant-based science research communities. There is an urgent need to develop/design plants in this region that can tolerate stress related to the changing climatic conditions along with providing higher biomass yield for feeding the population.

Associated British Foods (UK) and Lesaffre (France) are the Leading Players in the Specialty Yeast Market

The specialty yeast market is estimated to be valued at about USD 2.7 billion in 2019 and is projected to reach about USD 4.0 billion by 2025, at a CAGR of 7.2% during the forecast period. The increasing demand for fermented food and beverage products is driving the growth of the specialty yeast market, globally. The use of specialty yeast in feed, bioethanol, biotechnology, cosmetics, and personal care products is trending, which increases the demand for specialty yeasts from these industries. Also, a ban on the use of antibiotics in the feed products in the European region is further expected to create lucrative opportunities for specialty yeast in the coming years.

The key players in this market include Associated British Foods (UK), Angel Yeast (China), Lallemand (Canada), Lesaffre (France), and Chr. Hansen (France) among others. Acquisitions, expansions, and agreements were some of the core strengths adopted by the leading players in the specialty yeast market to increase their presence. It also helped them diversify their businesses geographically, strengthen their distribution networks, and enhance their product portfolios. Other players in the market include Koninklijke DSM N.V (Netherlands), Archer Daniels Midland (US), Leiber GmBH (Germany), Kerry Group (Ireland), Biorigin (Brazil), Nutreco N.V (Netherlands), Synergy Flavors (UK), Oriental Yeast (Japan), Beldem (Belgium), Levex (Turkey), and Kemin Industries (US).

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Associated British Foods (UK) is one of the major players in the specialty yeast market. The company caters to the specialty yeast market through its subsidiary—Ohly (Denmark), which is a part of the company’s ingredients business. It has presence in Europe, Africa, the Middle East, Asia, and the Americas. AB Mauri (UK), another subsidiary of Associated British Foods also provides specialty yeast which finds application in distilled spirits, alcoholic beverages, bioethanol, and nutrition. In January 2019, Ohly (Denmark) and Lallemand (Canada), entered into a strategic partnership for the divestment of Ohly’s Hutchinson Torula Yeast facility and associated Torula whole cell business in the US. The long-term supply partnership between these companies aimed at benefitting Ohly by ensuring sustainable security of the Hutchinson site.

Lesaffre (France) is one of the leading players in the global fermentation industry. The company produces and sells yeast, ingredients, sourdoughs, and yeast extracts which are utilized in the baking, taste, healthcare, and biotechnology industries. It has 63 production sites with a presence in approximately 185 countries across the world. The company also has a very strong focus on R&D and has partnered with 60 universities and research centers across the globe to bring about new products to cater to the growing demand. In November 2018, Biospringer (Paris), a business unit of Lesaffre invested in Strasbourg for the establishment of a new production plant manufacturing yeast extracts. This production plant would cater to the customers demand in the region.

Market Leader in Pulse Ingredients Market

The pulse ingredients market is estimated to be valued at USD 17.4 billion in 2018 and is projected to reach USD 21.6 billion by 2023, at a CAGR of 4.5% during the forecast period. The growth of the pulse ingredients market is driven by factors such as increased health-consciousness among consumers and the popularity of protein-rich food products.

By source, the chickpeas segment is projected to be one of the fastest growing segments for the pulse ingredients market. In the US, chickpeas are added as ingredients in soups. Batory Foods (US) offers chickpea flour, which is used in a variety of applications such as bakery, dairy, confectionery, beverages, meat, and sauces. Chickpea flour offers numerous health benefits as it helps in stabilizing blood sugar levels, improving digestion, weight management, and minimizing the risk of heart attack.

On the basis of type, the pulse flour segment is projected to be the fastest-growing segment in the pulse ingredients market. Pulse flours enable food manufacturers and retailers to produce food products that are highly nutritious, protein-fortified, have a low-glycemic-index, and are gluten-free. Pulse flours undergo heat treatment, protein treatment, enzyme treatment, vitamin & mineral treatment, and water treatment, to increase their stability, regularity, and other functions as well as enhance their nutritive values.

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On the basis of application, pulse ingredients are widely used in meal & meal centers, followed by soups, sauces, seasonings, snacks, fruits & vegetables, processed fish, meat, egg products, and bakery & confectionery products. Pulse ingredients find application in various food & beverages, where they act as stabilizers, thickeners, and gelling agents. Pulses including peas, beans, lentils, and chickpeas are high in dietary fiber, micronutrients; and are nutritious. As consumers are expecting high content of proteins in food products, the use of proteins is a growing trend, which drives the demand for pulses ingredients.

The Asia Pacific is the fastest-growing market for pulse ingredients and is projected to record the highest CAGR during the forecast period. The pulse ingredients market in the Asia Pacific is driven by the rise in disposable incomes, expansion of the food & beverage industry, an increase in the number of middle-class population, and urbanization. Adaption of urbanized lifestyle has urged consumers to opt for convenience foods such as bakery products and snacks with added health benefits boosting sales of pulse ingredients in the region. Apart from this, the region is backed countries such as China and India, which have a large population base and are projected to be key revenue generating pockets for pulse ingredients manufacturers in the coming years.

Pulse ingredients manufacturers are focusing on product innovations to expand their consumer base in the market. Leading players operating in the pulse ingredients market include Ingredion (US), Roquette Frères (France), Emsland Group (Germany), The Scoular Company (US), and ADM (US). Expansion of the food processing industry due to the increased demand for convenience foods in the emerging countries of the Asia Pacific and South America is projected to create lucrative opportunities for pulse ingredients manufacturers in the coming years.

Increased Consumer Demand for Reduced Calorie Products With Original Taste of Sugar Drives the Market for Taste Modulators

The report “Taste Modulators Market by Type (Sweet Modulators, Salt Modulators, and Fat Modulators), Application (Confectionery Products, Bakery Products, Dairy Products, Snacks & Savory Products, and Meat Products), and Region – Global Forecast to 2023″, The global taste modulators market is estimated at USD 1,084.2 million in 2018 and is projected to reach USD 1,758.7 million by 2023, at a CAGR of 10.2% during the forecast period. The market is driven by factors such as the growing awareness among consumers about the ill-effects of excessive salt intake and the increased consumer demand for low-calorie products while retaining the original taste. There has been an increasing demand for reduced/zero calorie and reduced salt products that do not compromise on the taste. This has fueled the demand for taste modulators as well.

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The sweet modulators segment, by type, estimated to account for the largest market share in 2018

The sweet modulators segment is estimated to dominate the global taste modulators market in 2018. Sweet modulators provide a sweet taste with zero calories to food products. It is used by manufacturers to restore the sweet taste. Taste modulators are gaining popularity among consumers owing to enhanced taste and nutritional benefits.

The beverages segment, by application, is estimated to hold a larger share in 2018.

Beverages are broadly classified into two categories, namely, alcoholic and non-alcoholic beverages. The non-alcoholic beverages segment was the largest; it includes both carbonated drinks and non-carbonated beverages such as juices, energy drinks, sports drinks, and fortified drinks. Taste modulators are used to alter the taste and support the reduction of calories in drinks (being used in conjunction with sugar substitutes) to meet consumer demand for healthy beverage products.

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The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023.

The Asia Pacific region is expected to grow at the highest CAGR during the forecast period. China and India have witnessed major growth in the taste modulators market, acquiring significant shares in the region. The region witnesses a high demand for taste modulators due to the rise in meat consumption, population growth, and increase in awareness about healthy & nutritional food products.

This report includes a study of various taste modulators, along with the product portfolios of leading companies. It includes the profiles of leading companies such as DSM (Netherlands), Kerry (Ireland), Ingredion (US), Givaudan (Switzerland), and Firmenich (Switzerland).

Increased Use of Hemp Seed and Hemp Seed Oil in Different Food Applications Drive the Industrial Hemp Market

The global industrial hemp market size is projected to grow from USD 4.6 billion in 2019 to USD 26.6 billion by 2025, recording a compound annual growth rate (CAGR) of 34.0% during the forecast period. Rising awareness among the consumers about the benefits of industrial hemp, increasing legalization to cultivate industrial hemp across different countries, and growing application scope of industrial hemp in diverse industries such as textile, pharmaceutical, food, beverages, personal care products, construction & material, furniture, and paper is driving the market for industrial hemp.

Key industrial hemp players include Hempco (Canada), Ecofibre (Australia), Hemp Inc. (US), GenCanna (US), HempFlax BV (Netherlands), Konoplex Group (Russia), Hemp Oil Canada (Canada), BAFA (Germany), Hemp Poland (Poland), Dun Agro (Netherlands), Colorado Hemp Works (US), Canah International (Romania), South Hemp Tecno (Italy), Plains Industrial Hemp Processing (Canada), and MH Medical Hemp (Germany). Agreements, joint ventures, and partnerships were the dominant strategies adopted by major players, followed by expansion. These strategies have helped them to increase their presence in different regions.

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Hempco, a subsidiary of Aurora Cannabis (Canada), is one of the leading manufacturers of cannabis products. Hempco is engaged in the processing of hemp-based products, such as hemp protein, hemp seed oil, and hemp fiber. It has developed a S.A.F.E soil program to provide chemical-free hemp crop and hemp-based products to consumers while achieving sustainable growth. The company strategies to capture the growing industrial hemp market all over the world. For instance, in March 2018, Hempco signed an agreement with Kane Veterinary Supplies, to supply its hemp-based animal supplements for pets and equine. This helped the company to capture the growing hemp-based animal health market in Canada.

Hemp Inc. (US) produces hemp-based products such as loss circulation material and absorbent used as a drilling fluid and to control oil spill, respectively. The company has nine divisions—the industrial hemp infrastructure, the hemp farming infrastructure, the hemp extraction infrastructure, the hemp educational infrastructure, accessories, products and services, research and development, industrial hemp investments and joint venture, and industrial hemp consulting. The company aims to provide hemp-based eco-friendly products to produce natural, sustainable products for worldwide markets, which can replace petroleum-based products. Through various joint ventures and agreements, the company strategies to expand its presence and product portfolio in the US. For instance, in January 2019, it formed a joint venture with Hemp Healthcare (US) to sell high-end CBD and hemp-based products.

Bovine Serum Albumin Market – Analysis of Worldwide Industry Trends and Opportunities

The report Bovine Serum Albumin Market is estimated to be valued at USD 255 million in 2019 and is projected to reach a value of USD 304 million by 2025, growing at a CAGR of 3.0% during the forecast period. Factors such as the inexpensive and stable nature of bovine serum albumin as a protein standard, growing demand for blood-based products are some of the factors driving the growth of the market.

Objectives of the Report:

To define, segment, and project the global market size of the bovine serum albumin market
To understand the bovine serum albumin market by identifying its various subsegments
To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
To analyze the micromarkets, with respect to individual growth trends, prospects, and their contribution to the total market
To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
To profile the key players and comprehensively analyze their core competencies
To understand the competitive landscape and identify the major growth strategies adopted by the players across the key regions
To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements

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Market Dynamics:

Drivers

Inexpensive and Stable Nature of Bovine Serum Albumin as A Protein Standard
Growth of the Livestock Industry and Consequent Demand Generation for Blood-Based Products
Rise in Application in the Food & Pharmaceutical Industries

Restraints

Rise in Demand for Animal-Free Albumin Products
Growth in Appeal to Replace Fetal Bovine Serum and Its Components in Cell Culture Applications

Opportunities

Scope for Use as A Dietary Protein for Fat Reduction
Usage in the Biodegradable and Edible Food Packaging Industry

Challenges

Existence of Alternatives in the Diagnostic and Pharmaceutical Industries

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The Asia Pacific region holds a range of opportunities for pharmaceutical firms and multinational drugmakers. In the Asia Pacific region, China is the largest market for pharmaceutical products. With the growing interest in health and welfare, the demand for pharmaceutical products is growing. This would help drive the growth of BSA in this region.

Key Market Players:

The key players in this market include Thermo Fisher Scientific (US), Merck KGAA (Germany), Proliant Biologicals (US), Itoham Yonekyu Holdings Inc (Japan), and Bio-Rad Laboratories, Inc (US). Major players in this market are focusing on increasing their presence through new product launches, expansions & investments, and mergers & acquisitions. These companies have a strong presence in North America, Europe, and Asia Pacific. They also have manufacturing facilities along with strong distribution networks across these regions.

Shelf-life Testing Market Will See Strong Expansion through 2018-2023

The shelf-life testing market, by parameter, is estimated to be dominated by the microbial contamination segment and is also projected to be the fastest-growing. Microorganisms pose serious health problems, resulting in strict regulations imposed by national governments and international bodies with respect to maximum content levels in food products. As a result, shelf-life testing is essential to ensure that the microbial content in the food product is limited to only a certain level throughout its shelf life, thereby contributing to consumer safety and complying with regulatory limits.

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The packaged food segment, by food tested, is estimated to dominate the market during the forecast period. Rapid urbanization has led to changes in consumer lifestyles. Higher employment opportunities and increased disposable incomes have led to increased consumption of packaged food products, which has, in turn, necessitated shelf-life testing for these products.

Key Players of the Market:

• SGS (Switzerland),
• Bureau Veritas (France)
• Intertek (UK)
• Eurofins (Luxembourg)
• ALS Limited (Australia)
• TÜV SÜD (Germany)
• TÜV NORD GROUP (Germany)
• Mérieux (US)

The shelf-life testing market, by technology, is projected to be dominated by the equipment- & kit-based segment and is also projected to grow at a higher rate during the forecast period. This segment consists of both, traditional and rapid systems, which are highly preferred by manufacturers because of their ability to provide faster and more reliable results.

The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. Growth in the Asia Pacific region can be attributed to factors such as growth in the number of shelf-life testing laboratories in India and China, the rise in the number of incidences of bacterial infectious diseases in the region, and growing adoption of convenience and packaged food on the region.

Top 10 Food Safety Testing and Technologies Trends | Key Factors Driving Growth Worth $39.47 Billion

The report “Top 10 Food Safety Testing and Technologies Trends (Food Safety, GM Food Safety, Food Pathogen, Meat Speciation, Food Authenticity, Pesticide Residue, Mycotoxin, Allergen, Water, and Bottled Water) – Global Forecast to 2022″, The top 10 food safety testing and technologies market is projected to reach USD 39.47 Billion by 2022.

The food safety testing and technologies market encompasses a variety of testing technologies. The markets covered under food safety testing include food safety testing market, GM food safety testing market, food pathogen testing market, meat speciation testing market, food authenticity testing market, pesticide residue testing market, mycotoxin testing market, and food allergen testing market. The markets covered under water safety testing & technologies include water testing and analysis and bottled water testing.

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Drivers:

Worldwide Increase in Foodborne Illness Outbreaks
Implementation of Stringent Food Safety Regulations
Globalization of Food Supply
Availability of Advanced Technology Capable of Rapid Testing
Media Influence on Consumer Awareness About Food Safety

The global mycotoxin testing market is projected to grow at a CAGR of 6.0% to reach a value of USD 1.56 billion by 2022. Growth in awareness of consumers with regard to food safety is the most important driver for this market. There have been several food recalls due to the presence of mycotoxin in the food products resulting in increased attention toward this market. Government regulations also play a major driver in this market as several countries have stringent government regulations and there are regulatory authorities that check if the food product is free from mycotoxins and fit for human and animal consumption.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group plc (U.K.), Eurofins Scientific SE (Luxembourg), ALS Limited (Australia), Thermo Fisher Scientific Inc. (U.S.), Mérieux NutriSciences Corporation (U.S.), AsureQuality Ltd. (New Zealand), Microbac Laboratories Inc. (U.S.), and Romer Labs Diagnostic GmbH (Austria).

Bleaching Agents Market Explores New Growth Opportunities by 2023

The bleaching agents market is estimated at USD 728.6 Million in 2018 and is projected to reach USD 953.8 Million by 2023, growing at a CAGR of 5.5% during the forecast period. This market is driven by factors such as the increase in the consumption of bread and related bakery products along with advancements in technology for flour evaluation.

Scope of the Report:

On the basis of Type, the market for bleaching agents has been segmented as follows:

Azodicarbonamide
Hydrogen peroxide
Ascorbic acid
Acetone peroxide
Chlorine dioxide
Others (chlorine, benzoyl peroxide, calcium peroxide, and sulfur dioxide)

On the basis of Form, the market for bleaching agents has been segmented as follows:

Powder
Liquid

On the basis of Application, the market for bleaching agents has been segmented as follows:

Bakery products
Flour
Cheese
Others (sugar, candies, and caramel)

On the basis of Region, the market for bleaching agents has been segmented as follows:

North America
Europe
Asia Pacific
RoW (South America and the Middle East & Africa)

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Target Audience:

Raw material suppliers
Bleaching agent manufacturers
Regulatory bodies
Intermediary suppliers
Flour manufacturers
Trade associations and industry bodies
Government and research organizations

The flour segment, by application, accounted for the largest share of the market in 2017. Bleaching agents are used for whitening flour, as freshly milled flour has a slightly yellowish color as it contains carotenoids. Additionally, bleaching oxidizes the surface of the flour and promotes its gluten-producing potential. Bleaching of flour helps in the weakening of the proteins and maturation of the flour in a reduced amount of time and has thereby become a necessity for flour producers. Some of the most common flour bleaching agents include hydrogen peroxide, benzoyl peroxide, and chlorine dioxide.

Asia Pacific is projected to be the fastest-growing market for bleaching agents during the forecast period. The major countries with growth potential in this market include China, India, Japan, and Australia. India is estimated to account for a significant share of the Asia Pacific market through 2023. This is an emerging market and hence provides opportunities for the growth of the bleaching agents market.