The report “Dry Milling Market for Corn by End Product (Ethanol, DDGS, Corn Grits, Cornmeal, and Corn Flour), Application (Fuel, Food, and Feed), Source (Yellow Corn and White Corn), and Region – Global Forecast to 2022″, The global dry milling market for corn is estimated to be valued at USD 67.73 Billion in 2017. This market is projected to reach USD 88.61 Billion by 2022, growing at a CAGR of 5.5%. The market is driven by the demand for a variety of corn dry-milled products from the food industry and also owing to factors such as the use of corn as one of the main ingredients in feed, and the increasing demand for corn ethanol as biofuel.

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The ethanol segment, by end product, is projected to grow at the highest CAGR from 2017 to 2022

The ethanol segment dominated the dry milling market for corn in 2016. Ethanol production has drastically displaced corn supply for food and livestock feed applications in the developed countries across the world. Corn millers in the developed markets prefer producing ethanol from corn, as there have been massive production of corn in countries such as the U.S. Ethanol is considered a clean and low-cost octane booster. It provides oil refiners with the lowest-cost solution to upgrade the octane content of gasoline to the minimum levels required for sale. Moreover, in countries such as the U.S., Brazil, China, and other key producers of ethanol, an increasing production of renewable ethanol has been observed and linked to declining imports of petroleum.

The yellow corn segment accounted for largest market share in 2016.

In 2016, the market was dominated by yellow corn. Yellow corn is widely used to manufacture ethanol in the developed markets. Yellow corn contributes the bulk of the total global corn production and international trade. Its abundant production and its nutrient profile complement its usage for ethanol production of corn-dry-milling process. High demand for a clean and renewable corn-based ethanol is estimated to contribute to the market growth for yellow corn.

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Asia-Pacific is projected to grow at the highest CAGR from 2017 to 2022

The Asia-Pacific region comprises of countries with an abundance of corn production; hence, the agri industry in this region is well-developed as compared to the other regions of the world. Corn dry-milled products and by-products obtained by the corn dry-milling process are used in manufacturing various food, feed, and biofuel products. The growth of corn dry-milled products in this region is driven by the presence of potential consumers such as China, Japan, India, and other developing nations.

China is the second-largest producer and consumer of corn in the world. Companies in this region are focusing on producing quality products by using improved and environmentally friendly raw materials, combined with innovative technical abilities to satisfy the needs and demands of customers. Several joint ventures, acquisitions, and collaborations are taking place between the global key players, which are expected to change the dynamics of the Asia-Pacific corn market. Also, due to low labor cost and execution of new processing methods, most of the production of corn products is carried out in the Asia-Pacific region.

The global specialty yeast market is estimated to be valued at USD 2.7 billion in 2019 and is projected to reach about USD 4.0 billion by 2025, at a CAGR of 7.2%. The growth of this market is due to the rising demand for bakery products and a positive trend in the consumption of alcoholic beverages. Emerging economies such as China, India, and Brazil offer several opportunities for market expansion.

The Saccharomyces cerevisiae segment is estimated to witness the fastest growth in the specialty yeast market in 2019

Saccharomyces cerevisiae is used in the the fermentation of kefir, coffee & cacao beans, and other traditional fermenting products. There is a growing demand for fermented products from the consumers in the Asia Pacific region aiding the growth of the specialty yeast market.

The food segment, by application, is estimated to account for the largest market share in the specialty yeast market in 2019

By application, the specialty yeast market is segmented into food, beverage, feed, and others which include pharmaceuticals, chemicals, cosmetics, and personal care products. The food industry makes use of specialty yeast to improve the organoleptic properties of the food. Hence, the food segment is accounted to hold the largest market share in the specialty yeast market during the forecast period.

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Increasing R&D activities for creating yeast alternatives to replace specialty yeast in the fermentation industry.

Due to the increasing demand of specialty yeast from several application industries, the need or producing new alternatives to specialty yeast has arisen. Several companies are investing in developing new alternatives to yeast extracts sourced from plants, which are cost-effective as compared to specialty yeasts which can cause a disruption in the specialty yeast market.

The European region is projected to dominate the specialty yeast market through the forecast period

In 2019, the European region is projected to lead the global specialty yeast market. Factors such as increasing consumption of alcoholic beverages and the growth in awareness among the consumers about the health benefits associated with natural and clean label products is driving the growth in the European region. The specialty yeast market in this region has grown rapidly as a spill over effect of the growing food processing industry and stringent regulations on synthetic ingredients used in the products, paving the way for natural ingredients such as yeast derivatives.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the specialty yeast market. It includes the profiles of leading companies such as Archer Daniels Midland (US), Associated British Foods (UK), Lallemand (Canada, Koninklijke DSM N.V (Netherlands), ), Chr. Hansen (Denmark) Kerry (Ireland), Lesaffre (France, Biorigin (Brazil), Beldem (Blegium), ), Angel Yeast (China) Kemin Industries (US), Leiber (Germany), Synergy Flavors (UK), Nutreco N.V (Netherlands), and Levex (Turkey).

The report “Specialty Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, and Other enzymes), Source, Application (pharmaceuticals, Research & Biotechnology, Diagnostics, and Biocatalysts), Form, and Region – Global Forecast to 2025″ According to MarketsandMarkets, the specialty enzymes market is estimated to be valued at USD 4.4 billion in 2019 and is projected to reach USD 6.6 billion by 2025, recording a CAGR of 6.9% in terms of value. The growing concerns about the enzyme quality in pharmaceuticals & diagnostics and rise in demand for non-harmful biological catalysts are factors that are projected to drive the growth of the specialty enzymes market, globally.

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Market Dynamics

Drivers

• Rise In Demand For Non-Harmful Biological Catalysts In Pharmaceuticals & Diagnostics

Restraints

• Lack Of Harmonization In The Regulatory Framework

• High Adoption Costs Involved For Small & Medium Enterprises

Opportunities

• Alternative To Chemical Catalysts

• Technological Innovations And Wide Industry Scope

• Launching Enzymes With Long Shelf Life

Challenges

• High Raw Material Costs Limiting Enzyme Usage

• Concern Over Quality Of Enzymes Used In Pharmaceuticals & DiagnosticsScope of the report

By Type

• Carbohydrases
  • Amylases
  • Cellulases
  • Other carbohydrases
• Proteases
• Lipases
• Polymerases & nucleases
• Other enzymes

By Source

• Microorganisms
• Plants
• Animals

By Application

• Pharmaceuticals
• Research & biotechnology
• Diagnostics
• Biocatalysts

By Form

• Liquid
• Dry

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)
  • Brazil
  • Argentina
  • South Africa
  • Others in RoW
    

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The North American region dominated the specialty enzymes market with a market share of 48.8% in 2018, whereas Asia Pacific is projected to witness the highest growth rate.

The specialty enzymes market in North America is dominating due to the increasing demand for enzymes in specialty applications. Technological innovations in machinery, optimization of production, logistics, and globalization of business have made the pharmaceutical industry one of the essential sectors in the North America region. However, the shift of industrial operations from developed regions, such as North America and Europe to Asia Pacific, has further contributed to the growth of the specialty enzymes market in Asia Pacific region. The use of specialty enzymes in biotechnology advancements such as drug cloning, transgenic organisms, and gene modification has been fueling the market in Asia Pacific. Furthermore, the European consumers have shown an inclination toward clean-label and organic products. This has enabled manufacturers to consider organic ingredients as key components of the products. Due to this, the specialty enzymes market in the European region is led by the growing focus on the production of pharmaceutical products, owing to the functional benefits of enzymes.

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 BASF (Germany), Novozymes (Denmark), Roche Holding (Switzerland), DuPont (US), Codexis (US), Dyadic International (US), Advanced Enzymes (India), Amano Enzymes (Japan), Sanofi (France), Biocatalysts (UK), Enzyme Supplies (UK), BBI Solutions (UK), Specialty Enzymes & Probiotics (US), Amicogen (South Korea), Antozyme Biotech (India), Enzyme Development Corporation (US), Nagase & Co. Ltd. (Japan), Sekisui Diagnostics (US), Merck (Germany), and Biovet (Bulgaria).

The plant extracts market is estimated to be valued at USD 23.7 billion in 2019 and is projected to reach USD 59.4 billion by 2025, at a CAGR of 16.5% from 2019 to 2025. The increase in prevalence of chronic disease skin cancer, rapidly growing demand for herbal medicines and plant extracts based functional food and food additives, rise in trade of plant extracts are some factors driving the growth in the plant extracts market.

The phytomedicines & herbal extracts segment is estimated to account for the largest share, in terms of value, by type, in 2019

Based on type, the plant extracts market is segmented into phytomedicines & herbal extracts, essential oils, spices, and flavors & fragrances. The phytomedicines & herbal extracts segment is estimated to account for the largest market share in 2019, owing to the increasing preference for herbal medicines and other herbal products in developed and developing regions.

Antimicrobial properties of plant extracts, particularly for the treatment of age-related disorders such as immune disorders, memory loss, and osteoporosis is attributed to the growth of the segment. Also, the increasing introduction of regulatory standards regarding the use of plant extracts as phytomedicine is projected to offer lucrative growth opportunities for the growth of the phytomedicines & herbal extracts segment, which in turn, is expected to drive the plant extracts market during the forecast period.

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The pharmaceuticals & dietary supplements segment is expected to witness the fastest growth in the plant extracts market during the forecast period

By application, the plant extracts market is segmented into pharmaceuticals & dietary supplements, food & beverages, cosmetics, and others. Middle-class consumers in the Asia Pacific are showing a positive interest in nutrition and supplements due to urbanization and increasing income levels. Further, the growing adverse effects of synthetic products and allopathic medicines have significantly raised the demand for Ayurvedic and homeopathic medicines in this region. This has led to an increase in the market for phytomedicines & herbal extracts.

The Asia Pacific region is estimated to dominate the plant extracts market, in terms of value, in 2019

The market for plant extracts in the geography is thriving due to strong local and international demand. These extracts are relevant as food preservatives and shelf-life extension ingredients owing to the regions’ tropical climate, which is conducive for the growth of plant extracts. Moreover, the region has several small and medium-sized manufacturers of plant extracts, who are well-versed with the processing of plant extracts and aware of the benefits offered by them. Manufacturers in Indonesia, India, and Thailand are continuously investing in the market and focusing on innovation to expand their product range. This is due to the rise in the trade of plant extracts between Asia and international manufacturers of plant extract-based products.

This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies such as Givaudan (Switzerland), Sensient Technologies (US), Symrise AG (Germany), Kangcare Bioindustry Co., Ltd. (China), PT. Indesso Aroma (Indonesia), PT. Haldin Pacific Semesta (Indonesia), Vidya Herbs Private Limited (India), Tokiwa Phytochemical Co., Ltd., Native Extracts Pty. Ltd. (Australia), Shaanxi Jiahe Phytochem Co., Ltd. (Jiaherb, Inc.) (China), Synthite Industries Private Ltd. (India), Döhler (Germany), International Flavors & Fragrances, Inc. (US), Martin Bauer GmbH & Co. KG (Germany), and Arjuna Natural Extracts Ltd. (India).

Pet Food Processing Market is projected to grow from USD 4.4 billion in 2019 to USD 6.2 billion by 2026, recording a CAGR of 5.0% during the forecast period. The major factors driving the growth of the pet food processing market include the increasing trend of pet food product premiumization, rising pet adoption, and acceptance of pets across regions.

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Key Market Players

Key vendors operating in the global pet food processing market include Andritz Group (Austria), Buhler Holding AG (Switzerland), The Middleby Corporation (US), GEA Group (Germany), Baker Perkins Ltd. (UK), Clextral SAS (France), Precision Food Innovations (US), Mepaco Group (US), Coperion GMBH (Germany), F.N. Smith Corporation (US), Reading Bakery Systems (US), and Selo (Netherlands). These players have broad industry coverage and high operational and financial strength.

Scope of the report

Based on Application, the pet food processing market has been segmented as follows:

•             Dog food

•             Cat food

•             Fish food

•             Other applications (pet food for tortoises, rabbits, and ornamental birds)

Based on Form, the pet food processing market has been segmented as follows:

•             Dry

•             Wet

Based on the Type, the pet food processing market has been segmented as follows:

•             Mixing & blending equipment

•             Forming equipment

•             Baking & drying equipment

•             Coating equipment

•             Cooling equipment

•             Other types (vacuum pumping and stuffing machines)

Based on the Region, the pet food processing market has been segmented as follows:

•             North America

•             Europe

•             Asia Pacific

•             South America

•             RoW (the Middle East and Africa)

The dog food segment is estimated to account for the largest share in the market.

The dog food segment is estimated to dominate the pet food processing market, on the basis of application, in terms of value, in 2019. Dog food is witnessing increased demand due to the increasing dog population across regions. The increasing trend of pet humanization has also encouraged dog owners to accept them as companions due to their friendliness, which is projected to drive the demand for premium dog food products, thus contributing to the growth of the overall market.

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The Asia Pacific region is projected to be the fastest-growing market for pet food processing during the forecast period.

The Asia Pacific region is projected to be the fastest-growing market for pet food processing during the forecast period. The region witnesses a high demand for pet food products due to the increasing acceptance of pets. The rising concerns among pet owners regarding the health of pets have led to an increase in demand for high-quality pet food products that require specialized machinery. These factors are projected to create growth opportunities for equipment manufacturers in countries such as India, China, Japan, and Thailand.

“Growth of bakery & confectionery sectors to drive the market growth for sugar decorations & inclusions.”

The global sugar decorations & inclusions market size is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. The increase in the consumption of bakery products and desserts and the increasing demand for flavored and textured food products across regions is projected to drive the demand for sugar decorations and inclusions. The rise in incomes across regions and the growth of economies are factors that have encouraged consumers to opt for appealing and textured products. In addition, the development of low-calorie and healthy sugar decorations and inclusions by key players in the sugar decorations & inclusions marketare factors that are projected to provide growth opportunities for key players. However, the fluctuating prices of raw materials, such as sugar, starches, and food colorants,area major factor that is projected to hinder the growth of the market.

“The jimmies segment is projected to dominate the market during the forecast period.”

Jimmies are the rainbow-colored clumps and toppings used on cakes and ice-creams. Jimmies are widely used in cake decorations. They are easily available in grocery stores and supermarkets in packaged bottles and jars and are available in mixed colors.Thus, this segment is projected to dominate the market during the forecast period.

“The natural colorantsegment is projected to grow at a higher growth rate during the forecast period.”

The increase in demand for clean-label products due to the rise in health awareness has led to an increase in the use of natural food colorants in sugar sprinkles. This is projected to drive the growth of this segment during the forecast period.

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“The home bakers segment is projected to record the highest growth rate during the forecast period.”

Since bakery products are one of the fastest-growing food industry segments, home bakers are witnessing increased demandfor sugar inclusions to producebakery products at the convenience of home and using the flexibility of e-commerce channels to reach the maximum number of customers. Thus, the home bakers segment is projected to grow at the highest rate during the forecast period.

“The North Americaregion is projected to dominate themarket during the forecast period.”

The North America regionis projected to dominate the market during the forecast period due to the presence of a large number of bakeries and restaurants serving desserts. In addition, the increasing snacking trends are a few factors that are projected to drive the demand for sugar decorations and inclusions in the region. Countries, such as the US and Mexico, will majorly contribute to the growth of the sugar decorations & inclusions market in North America.

The sugar decorations & inclusions marketcomprisesmajor players, such as Dr. Oetker (Germany), Kerrry Inc. (Ireland), Barry Callebaut (Switzerland), The Kraft Heinz Company (US), Pecan Deluxe Candy Company (US), Signature Brands LLC (US), Hanns G. Werner GmBH + Co.KG (Germany), Carroll Industries NZ Ltd. (New Zealand), Cape Foods (South Africa), and Paulaur Corporation (US). The study includes an in-depth competitive analysis of these players in the sugar decorations & inclusions market, with their company profiles, recent developments, and key market strategies.

Research Coverage

The study covers the sugar decorations & inclusions marketacross segments. It aims at estimating the market size and its growth potential across different segments, such asapplication, type, enduser, colorant,and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

The enzymes market isprojected to grow at a CAGR of6.7% during the forecast period

According to MarketsandMarkets, the enzymes market is estimated to be valued atUSD 10.0 billion in 2019 and is projected to reach USD 14.7billion by 2025, recording a CAGR of 6.7%, in terms of value. Factors such as the increasing environmental concern among people and the rising demand for biofuel are projected to drive the growth of the enzymes market during the forecast period. However, the growth of the enzymesmarket is inhibited by factors, such as the adherence to the international regulations imposed by different governing agencies. In addition, the lack of uniformity in the regulatory structure for the use of industrial enzymes inhibits the growth of this market.

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Leading players profiled in this report include the following:

• BASF (Germany)

• DuPont (US)

• Associated British Foods (UK)

• DSM (Netherlands)

• Novozymes (Denmark)

• Kerry Group (Ireland)

• Dyadic International (US)

• Advanced Enzymes (India)

• Aumgene Biosciences (India)

• Chr. Hansen (Denmark)

• Amano Enzymes (Japan)

By product type, the industrial enzymes segment accounted for the largest share.

The industrial enzymes segment accounted for a major share in the enzymes market, on the basis ofproduct type, in 2018. Enzymes are used in various industries and have multiple applications, such as textile, laundry detergents, pulp & paper, and leather.Due to factors such as low manufacturing costand reduced energy consumption, enzymes are being widely used across different industries.

By source, the micro organism segment is estimated to account for the largest share

Based on source, the enzymes market is segmented intomicroorganisms, plants, and animals.The microorganismssegmentis estimated to account for the largest share for the enzymes marketas they are the primary source of industrial enzymes due to its special characteristics and other biochemical properties.In addition, microbial enzymes are an important source of raw materials for specialty applications due totheir diversity.Key factors that encourage manufacturersto opt for enzymes from microbial sources are their active and stable nature and their capability to degrade a wide range of complex substrates into more useful energy sources.

North America accounted for the largest share in the enzymes market due toits wide industrial and specialty applications

The enzymes market in the North Americanregion is largely driven by technological advancements that have made enzymes available for a wide range of applications. These technological advancements have contributed, particularly to the growth of the enzymes market in this region.Although the enzymes market in this region has reached its maturity, the pharmaceutical industry has witnessed an increase in the usage of enzymes. 

The enzymes marketis segmented region-wise, with a detailed analysis of each region. These regions include North America, Europe, AsiaPacific,and RoW (Brazil, Argentina, South Africa, and RoW).

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Research Coverage

This report segments the enzymes market on the basis ofproduct type, source, type, industrial enzymes applications,specialty enzymes applications,and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape,pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the enzymesmarket, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

The report “Irrigation Automation Market by System (Automatic, Semi-automatic), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, Component, End-Use (Agricultural, Non-agricultural), and Region – Global Forecast to 2025″ The irrigation automation market size is estimated to account for a value of USD 2.8 billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020 to reach a value of USD 6.7 billion by 2025. Factors such as increased mechanization and adoption of smart technologies for agricultural activities, government initiatives to promote water conservation, and the growing awareness among farmers about the benefits of adopting irrigation automation are the key drivers fueling the growth of the irrigation automation market. New product, service, and technology launch was the dominant strategies adopted by key players to capitalize on the strong market potential.

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By irrigation type, drip irrigation segment is estimated to account for a larger market share, in terms of value, in 2020

Most developing countries across the globe make use of irrigation technologies, such as sprinklers and drip irrigation. The automation of drip irrigation has become increasingly popular due to higher consistency in yields, reduced power usage as compared to sprinkler irrigation, the possibility of being used in smaller pieces of land, and higher efficiency in the application of fertilizers with little or no leaching.

The semi-automatic segment, based on system, is estimated to hold the largest share in the irrigation automation market, in terms of value, in 2020

The market for semi-automatic irrigation systems holds the largest as the demand for irrigation systems, which would allow the growers to modify the irrigation process is high in open fields and greenhouses. Semi-automatic systems are relatively cost-effective and hence are adopted in developing countries such as India, China, and Brazil

The non-agricultural segment, based on end-use, is estimated to hold the largest share in the irrigation automation market, in terms of value, in 2020

Non-agricultural applications of irrigation control include sports grounds, residential, pastures, turf & landscapes, golf courses, and gardens. Automatic watering systems in golf courses enable the owners and the growers to adjust the watering based on time or volume and control it remotely.

By components, controllers segment is estimated to account for a larger market share, in terms of value, in 2020

The irrigation automation market, based on components, is segmented into controllers, valves, sensors, sprinklers, and other components, which include pressure gauges, monitoring devices, and flow meters. Controllers hold the largest share as they are the central unit of the entire irrigation automation system and are also the costliest component. The increased demand for semi-automatic systems, such as time-based and volume-based systems, in developing countries, has led to an increase in demand for simple controllers across the globe.

By automation type, time-based irrigation automation system is projected to account for a larger market share in 2020

The market for irrigation automation, based on automation type, has been segmented into time-based, volume-based, real-time feedback, and computer-based irrigation control systems. Since developing countries majorly use irrigation automation systems for agricultural lands, the need for semi-automated irrigation systems, which would allow timely intervention at different irrigation stages, and is cost-effective remains high. Due to these factors, the time-based segment is projected to account for the largest share in the irrigation automation market.

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Asia-Pacific is projected to grow at the highest CAGR during the forecast period

The increased awareness among farmers about the benefits related to the adoption of semi-automated and automated irrigation systems, along with reducing water levels in river basins of the Asia Pacific region, are some of the factors driving the growth of the market. The change in precipitation pattern is compelling farmers to use sensor-based irrigation systems to take better-informed decisions.

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 irrigation automation market. It includes the profiles of leading companies, such as The Toro Company (US), Hunter Industries (US), Valmont Industries Inc. (US), Rain Bird (US), Jain Irrigation Systems (India), Lindsay Corporation (US), Netafim (Israel), Galcon (Israel), Rubicon Water (Australia), Weathermatic (US), Nelson Irrigation (US), Mottech Water Solution Ltd (Israel), Avanijal Agri Automation Pvt Ltd. (India), Calsense (US), Water Bit (US), and Hydropoint Data Systems (US), Irritec S.P.A (Italy), Blurain (India), Novagric (Spain), Hortau (US), Tevatronic (Italy), and Dorset Group B.V (Netherlands)

The report “Precision Viticulture Market by Technology (Guidance Systems, Remote Sensing, VRT), Application (Yield Monitoring, Field Mapping, Weather Tracking & Forecasting), Product/Service (Hardware, Software, Services) – Global Forecast to 2022″, The global precision viticulture market is estimated at USD 1,014.0 Million in 2017 and is projected to reach USD 1,546.6 Million by 2022, at a CAGR of 8.81% during the forecast period. The market is driven by factors such as an increase in focus on vineyard efficiency and productivity, increase in demand for high-quality grapes, growth in adoption of new technologies in farming for maximum profitability and production, and government support for the adoption of modern viticulture techniques. The rising need for monitoring grape quality, particularly in the developing regions, is driving the growth of the precision viticulture industry globally.

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The guidance system segment, by technology, accounted for the largest market share in 2016.

The guidance system segment accounted for the largest market share in 2016. Guidance systems include the global positioning system (GPS) and geographic information system (GIS) technologies. These technologies enable the coupling of real-time data collection with accurate position information, leading to the efficient manipulation and analysis of large amounts of geospatial data.

The hardware segment, by product/service, accounted for the largest market share in 2016.

The hardware segment, by product/service, accounted for the largest share in 2016. The hardware segment includes automation & control systems and sensing & monitoring devices. These hardware devices help enable greater precision during planting, fertilizing, and irrigation. For hardware products, manufacturers would have to add innovative technological solutions to their devices to gain a competitive advantage.

The yield monitoring segment, by application, accounted for the largest market share in 2016.

The yield monitoring segment accounted for the largest market share in 2016. The yield monitoring segment includes on-farm yield monitoring and off-farm yield monitoring. These yield monitors are combinations of various components which include mass flow sensors, moisture sensors, ground speed sensors, GPS receivers, and a task computer in the vehicle that controls the integration and interaction of these components. On-farm yield monitoring comprises a combination of components such as a computer or user interface, differential global positioning system (DGPS) receiver, and sensors, to accurately measure the number of crops harvested at a specific location and time. Off-farm yield monitoring is used to analyze the health of the yield after harvesting. The health or performance of the yield is checked with different types of sensors such as moisture sensors, temperature sensors, and bio-sensors. Off-farm yield monitoring also allows controlling the settings of temperature and moisture remotely, with the help of a local cable or web-based local area network (LAN). Off-farm yield monitoring is generally applied for larger vineyards to reduce manpower and enable easy monitoring.

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The Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The countries covered under the region include Australia & New Zealand, China, India, Japan, and the Rest of Asia Pacific which includes Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and South Korea. Increasing awareness about the implementation of innovative technologies for valuing spatial data and mapping yields of grapes in emerging economies such as Australia & New Zealand and India are the key factors that drive the precision viticulture market growth in the region. The presence of large farmlands and increasing adoption of agricultural technologies in the countries drive the demand for precision viticulture in the region.

This report includes a study of various precision viticulture technologies, applications, and products/services, along with the product portfolios of leading companies. It includes the profiles of leading companies such as John Deere (US), Trimble (US), Topcon (Japan), Deveron UAS (Canada), and TeeJet Technologies (US).

The report “Biofungicides Market by Type (Microbial species, Botanical), Mode of Application (Soil treatment, Foliar application, Seed treatment), Species (Bacillus, Trichoderma, Streptomyces, Pseudomonas), Crop Type, Formulation, and Region – Global Forecast to 2025″ The biofungicides market is estimated to account for USD 1.6 billion in 2020 and is projected to grow at a CAGR 16.1% from 2020, to reach a value of USD 3.4 billion by 2025. Factors such as an increase in demand for organic food products, stringent government regulations against the use of chemical-based crop protection products, and the growing health concerns associated with chemical-based products are projected to drive the growth of the market of biofungicides.

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By type, the microbial segment is estimated to account for a larger market share, in terms of value, in 2020

Strains of microbial species are derived from bacteria, fungi, and viruses. Species, such as Bacillus, Trichoderma, and Pseudomonas, are majorly used to derive the active ingredients that are used as anti-fungal agents. Microbial biofungicides are proven to be efficient in controlling fungal pathogens without causing any harm to the host plant or the environment.

Trichoderma, on the basis of species, is estimated to hold the largest share in the biofungicides market, in terms of value, in 2020

Trichoderma has higher environmental diversity and tolerance to soil pH, changes in temperature, and moisture. The use of these strains also ensures lower instances of reapplication (once in 12 weeks) as opposed to bacterial strains (once in 4 weeks). However, Trichoderma-based commercial products are expensive and have a relatively lower shelf life as compared to Bacillus-based products, due to which the market for the latter is growing at the fastest rate during the forecast period

The soil-treatment segment, on the basis of mode of application, is estimated to hold the largest share in the biofungicides market, in terms of value, in 2020

Soil treatment is one of the most commonly adopted modes of application for biofungicides. This is mainly due to many fungal infestations in the soil/root zone of the plant. The majority of the biofungicides available in the market are used for the treatment of soil and root-zone diseases. Trichoderma-based products are widely distributed biofungicides across the globe and have a majority of the products available for treating soil and root zone diseases. However, in regions such as North America, South America, and Europe due to technological advancements, the market for biofungicides is projected to grow. The major players in the market are also investing significant amounts in R&D activities of biological seed treatment solutions, due to which seed treatment is projected to record the fastest growth rate during the forecast period.

By crop type, the fruits & vegetables segment is estimated to account for a larger market share, in terms of value, in 2020

The fruits & vegetables segment is projected to account for the largest share in the biofungicides market. A majority of the commercially available biofungicides products are fruits and vegetables. Key players in the market are introducing products, which would target pathogens in crops, such as berries, potatoes, tomatoes, bananas, and apples.

By form, the wettable powder segment in the biofungicides market is projected to account for the largest market share in 2020

The wettable powder segment accounts for the largest share in the market during the forecast period. Powder formulations can easily be mixed with basic or acidic solutions in a spray tank or in the irrigation line depending upon the prevailing soil requirements. Bacillus spp. is the most commonly used source of biofungicides and is readily available in powdered form. The powdered form is easy to produce on a commercial scale and provides farmers with various application choices. This ease of availability has made it a preferred form among growers across the globe.

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North America is projected to grow at the highest CAGR during the forecast period

North America accounted for the largest market share during the forecast period due to the presence of major players in the market in the region. The region witnesses the adoption of integrated pest management and organic farming practices, which has also promoted the growth of the market. The region is also one of the largest producers of fruits & vegetables. In addition, the increasing concerns about food safety across the globe have also contributed to the growth of the market.

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 biofungicides market. It includes the profiles of leading companies, such as BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), FMC Corporation (US), Nufarm (Australia), Novozymes (Denmark), Marrone Bio Innovations (US), Koppert Biological Systems (Netherlands), Isagro S.P.A (Italy), T. Stanes & Company Limited (India), BioWorks (US), The Stockton Group (Israel), Valent Biosciences (US), Agri Life (India), Certis U.S.A (US), Andermatt Biocontrol AG (Switzerland), Lesaffre (France), Rizobacter (Argentina), Vegalab S.A (US), Biobest Group NV (Belgium), and Biolchim (Italy).

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