The Collagen Market is Witnessing a Strong Growth due to the Increasing Use in the Food & Beverage Industry

The collagen market is estimated to account for nearly USD 3.5 billion in 2018 and is projected to reach a value of nearly USD 4.6 billion by 2023, growing at a CAGR of 5.2% from 2018. This is due to the increasing use of collagen and collagen proteins in the medical and pharmaceutical industries. Increase in demand for collagen and collagen products in the food & beverage and cosmetic industry has encouraged manufacturers to provide better protein-based products, which in turn, has contributed to the market growth.

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By product type, the gelatinsegment is estimated to account for the largest share in the collagen market in 2018.

On the basis of product type, the gelatin segment is estimated to dominate the collagen market in 2018. Gelatin is widely used in foods to improve elasticity, consistency, and stability. It also helps to normalize gut hormones in obese people. Thus, due to rising health awareness, gelatin is being preferred by food manufacturers to produce nutritious food products. Gelatin is increasingly used in the food & beverage industry to make gummy candies, puddings, confectionery, and gelatin desserts.

The collagen market is witnessing a strong growth due to the increasing use in the food & beverage industry.

Collagen in the form of gelatin is high in protein, fat-free, cholesterol-free, and low in calories, which makes it a label-friendly ingredient that consumers know and trust. It is a key functional ingredient in many food products. It is also an important component in confectionery items such as marshmallows, gummy candy, and fruit snacks. The dairy industry makes extensive use of gelatin in the manufacture of sour cream, yogurt, ice cream, cheese, and specialty desserts, while meat processors depend on the binding properties of gelatin for the production of specialty meats, pates, and luncheon meats. Thus, these factors are projected to drive the collagen market.

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Europe is estimated to dominate the collagen market in 2018.

Europe is estimated to account for the largest market share in the collagen market in 2018. The region has witnessed many collagen-infused drinks launched by the manufacturers, such as cappuccino collagen and soy collagen. They are either marketed as components of protein blends or in combination with fruits. The rising usage of collagen in wide varieties of food items and beverages along with the changing consumer preferences are accelerating the market growth. Moreover, the preference for minimally invasive or non-invasive technologies and the increasing use of collagen by biomedical industries in the developed countries are further driving the market growth.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the collagen market. It includes the profiles of the leading companies such as Gelita AG (Germany), Nitta Gelatine, Inc. (US), Weishardt Group (France), Darling Ingredients (US), Nippi Inc. (Japan), Vinh Hoan Corporation (Vietnam), Juncà Gelatines, S.L.(Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil), Vital Proteins (US), Baotou Dongbao Bio-Tech Co., Ltd. (China), RABJ Co., Ltd (Japan), Connoils (US), Nutra Food Ingredients (US), and Italgelatine  S.P.A (Italy).

Increased Awareness about Natural Food Flavor Products to Drive the Food Flavors Market Growth

The demand for natural food flavors is increasing significantly across all regions with rising health awareness. Natural flavors offer varied health benefits and are widely accepted by consumers who are ready to pay premium prices for natural foods. The demand for processed food & beverages is on the rise, due to which demand for food flavors is also growing. The food flavors market is estimated to be USD 13.56 billion in 2018 and is projected to reach USD 17.10 billion by 2023, at a CAGR of 4.8%.

The fruits & nuts segment is estimated to account for the largest share of the food flavors market, by type, in 2018.

On the basis of type, the fruits & nuts segment is estimated to account for the largest share of the food flavors market in 2018. Fruit & nut flavors are common in beverages, bakery products, dessert items, puddings, and energy bars. Fruits & nuts have numerous health benefits. Various energy drinks and non-carbonated drinks also have fruits & nuts flavors added to it.

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The beverages segment, by application, is estimated to account for the larger share in 2018.

On the basis of application, the beverages segment accounted for the larger share of the market in 2018. Increasing demand for carbonated and non-carbonated energy drinks are key drivers of the segment.

On the basis of form, the liquid segment is projected to be the faster-growing during the forecast period.

Based on form, the liquid segment is projected to be the faster-growing. Liquid flavors are generally available in water-soluble and oil-soluble forms. Food flavors in the liquid form are used for food items such as beverages, dairy products, protein drinks, and pharmaceuticals. They are easy to mix and provide flavor consistency.

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On the basis of origin, the natural segment is projected to be the faster-growing during the forecast period.

Based on origin, the natural segment is projected to be the faster-growing. Liquid flavors are generally available in water-soluble and oil-soluble forms. Consumer preference toward clean label and organic products drives the natural food flavors market.

Asia Pacific is estimated to dominate the food flavors market in 2018.

Asia Pacific is estimated to be the largest market for food flavors in 2018. This is due to the rising consumption of beverages, confectionery, dairy, and bakery products increasing in this region. China is witnessing economic development and rise in disposable income, due to which there is an increase in consumption of processed food items. This leads to the growth of the food flavors industry.

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 Givaudan (Switzerland), International Flavors & Fragrances (US), Firmenich (Switzerland), Symrise (Germany), Frutarom (Israel), Sensient (US), MANE (France), Takasago (Japan), T.Hasegawa (Japan), and Robertet (France).

Increase in the Consumption of Convenience & Processed Foods to Drive the Growth of Food Emulsifiers Market

The rise in consumption of processed foods due to the rising disposable income and the increasing end-user applications of food emulsifiers are expected to drive the overall food emulsifiers market. The food emulsifiers market is estimated to be valued at USD 2.9 billion in 2018 and is projected to reach USD 3.7 billion by 2023, at a CAGR of 5.1% during the forecast period.

The mono- & di-glycerides and their derivatives segment is estimated to be the largest in 2018

The food emulsifiers market, by type, is estimated to be dominated by the mono- & di-glycerides and their derivatives segment, as it is a widely used emulsifier type across several applications. It has been observed that during 2017, the US food industry consumed more than 70% of mono- & di-glycerides-based emulsifiers. The lecithin segment is projected to be the fastest-growing segment. The emulsification and instantizing properties of lecithin are responsible for its growing use as a replacement of the other types that are heavily processed with chemicals.

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The plant segment is projected to dominate the market by 2023

The food emulsifiers market, by source, is projected to be dominated by the plant segment during the forecast period. The high growth is not only attributed to the stable and harmless nature of plant-based emulsifiers but also to the preference of the food industry manufacturers.

The dairy & frozen desserts segment is projected to be the fastest-growing segment during the forecast period

The dairy & frozen desserts segment is projected to be the fastest-growing, by application, during the forecast period. At a global level, there is a growing consumption of dairy and frozen dessert products; and since such products tend to get separated easily in their formulations, food emulsifiers tend to improve the quality of the products. Thus, these factors are expected to drive the growth of the segment at a significant rate during the forecast period.

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Asia Pacific is projected to be the fastest-growing market during the forecast period

The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. The high growth is attributed to the changing food consumption patterns in the region, owing to the rising income and urbanization, especially in South Asian countries. Further growth can be attributed to the increasing urbanization in the region, resulting in the increasing demand for food security and quality food. Food manufacturers are expected to use food emulsifiers due to their multifunctional properties.

This report includes a study of the marketing and development strategies used, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Archer Daniels Midland Company (US), DowDuPont (US), Cargill (US), Kerry Group Plc. (Ireland), and Ingredion Incorporated (US). Other players include Corbion N.V. (Netherlands), Lonza Group Ltd. (Switzerland), and Palsgaard A/S (Denmark). Furthermore, Riken Vitamin Co. Ltd. (Japan), Tate & Lyle (Ireland), and Beldem S.A. (Belgium) are the other players that hold a significant share in the food emulsifiers market.

Increasing Demand for Organic Food has Driven the Growth of the Agricultural Biologicals Industry

The report "Top Trends in the Agricultural Biologicals Industry: Biopesticides (Biofungicides, Bioinsecticides, Bionematicides), Biostimulants, Biofertilizers, Agricultural Inoculants, and Biological Seed Treatment - Global Forecast to 2023", The agricultural biologicals market is projected to grow at a CAGR of 13.80% from USD 6.75 Billion in 2017 to reach USD 14.65 Billion by 2023.

Browse 65 market data Tables and 57 Figures spread through 177 Pages and in-depth TOC on "Top Trends in the Agricultural Biologicals Industry - Global Forecast to 2023"

The market is driven by factors such as the growth prospects of organic food, a favorable framework for agricultural, and the impact of these pesticides in achieving sustainable agriculture.

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Bionematicides is estimated to be the most important among the top trends in the agricultural biologicals market

Bionematicides is the fastest-growing trend in the agricultural biologicals market. Even though the bionematicides market is niche, it is characterized, at present, by low competition due to limited product differentiation and high adoption barriers. Sustainable environmental initiatives along with the adoption of biologicals, the increasing growth of the biological seed treatment solutions, and the utilization of integrated pest management techniques are some of the major driving factors for this trend.

Bioinsecticides is estimated to be the second-most important market trend in the agricultural biologicals market

Bioinsecticides stands second in terms of the fastest-growing trends from 2017 to 2023. The increased level of pest attacks due to climatic changes and rise in the demand for biological pest control know-how results in the growth of the bioinsecticides market. The market is further driven by factors such as technology and product development of innovative bioinsecticides that can be cost effective as well as used on a broad crop portfolio. Bioinsecticide formulations are widely used in North America with the demand for bioinsecticides increasing among countries producing wheat, potato, rice, strawberry, and tomato, which normally face strong insect infestation.

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Significant competition to capitalize on the market potential among international manufacturers in Europe and the Americas

The need to maintain the minimum residual level in food products and high-growth prospects for organic food have been driving the agricultural biologicals market growth in these regions.

The market is also influenced by the adoption of modern agricultural practices along with the regulatory support for a sustainable approach to limit excessive agrochemical application. This has further promoted the growth in developing markets, especially in the Asia Pacific and South America.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include BASF (Germany), Bayer CropScience (Germany), Marrone Bio Innovations (US), Monsanto BioAg (US), Valent BioSciences (US), Koppert (Netherlands), and Certis USA (US), which are some of the well-established and financially stable players that have been operating in the industry for several years. Other players include DowDuPont (US), Syngenta (Switzerland), Stockton Group (Israel), Verdesian Life Sciences (US), and Rizobacter Argentina (Argentina).

High Labor Costs Have Led to a Strong Demand for Tractor Implements

The growing population is one of the major factors contributing to the increased demand for food. This, in turn, has led to an increase in the area harvested for important food crops such as rice, soybean, barley, and wheat, especially in the developing regions. For instance, according to the FAO, the production of corn is projected to increase by nearly 600% to reach 1.2 billion MT by 2027. A majority of this production is expected to arise from countries such as China and Brazil. Increase in the harvested area would further lead to increased use of agricultural equipment. Thus, the demand for agricultural equipment is projected to grow, especially in developing countries, in the next decade.

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Farm mechanization reduces the drudgery associated with traditional farming methods and contributes to increased land productivity, enhances the timely preparation of land, and reduces the cost of production. Tractors are one of the major agriculture equipment used globally. Different types of implements are attached to tractors during various phases of farming, which efficiently reduces the production cost and time. Thus, the demand for tractor-mount equipment has been increasing, globally.

What are the driving factors for the growth of the tractor implements market?

• Increased need to reduce post-harvest on-field losses

According to the FAO, 1.3 billion tons of food is wasted per year. There is a need to reduce such waste so that it would optimize the availability of food and enhances food security. The reduction in food waste will also improve the real income level for all the consumers, along with increasing the income of the producers. Post-harvest food loss is one of the major reasons for food loss. Post-harvest food loss can be defined as the measure of qualitative and quantitative loss of food from harvesting to consumption.

According to the FAO (2009), in developed countries, the major reason for food waste is the consumption pattern of the population. Whereas in developing countries, a large amount of food was wasted on the field and at the time of handling and storage. The use of adequate machinery and proper tractor-implement combination, according to the phase of cultivation, would help in reducing the loss of waste at the time of harvesting or post harvesting. Thus, the benefit of using mechanized implements on fields with the aim of reducing food waste drives the market for farm equipment as well as tractor-mounted equipment

• Shortage of manpower due to high labor cost

Due to urbanization and the development of more and more industries in the urban areas, the rural labor is getting attracted by the new work opportunities developed for them, which offers higher wages as compared to the wages paid in agricultural farms. As the labor supply for agricultural practices has decreased, the hired farmworkers charge a higher amount. According to the data by the USDA, it has been observed that the rate of hourly wages by the farmworkers is increasing per year. For instance, the hourly wage for directly hired farmworkers in the US was USD 12.09 in 2011, which has reached USD 13.32 in 2017.

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According to the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), the Indian agricultural sector has also experienced a large drop in agriculture and farm labor availability, even though it is one of the major contributors for GDP growth of the country. The agricultural workforce in the country in 2004-2005 was 259 million; which had experienced a drop of 30.57 million to reach 228 million in 2011-2012. This significant drop was because of the higher opportunities in the non-farm sector—such as manufacturing—that supports the labor force with higher wages and regular incomes. The high wages for laborers in the manufacturing sector encouraged the farm laborers to increase their prices. The situation resulted in technological integration in the agricultural field so that the shortage of human labor can be compensated by the introduction of machinery.

Based on region, the tractor implements market is segmented into North America, Europe, Asia Pacific, South America and Rest of the World. Asia Pacific accounted for the largest market size in 2017 and is projected to grow at the highest CAGR of 6.40% during the forecast period. Growth in the agricultural sectors of countries such as India, Japan, and China has been promoting the growth of the market in the region.

The tractor implements market is mainly consolidated, with many global players holding a significant share of the market. Companies such as Deere & Company (US), Kubota Corporation (Japan), AGCO (US), Mahindra & Mahindra (India), SDF (Italy), and Kuhn Group (France) have shown immense interest to introduce and manufacture various tractor implements that are offered to farmers to speed up their operational activities.

Growing Concern about Celiac Disease is Fueling the Growth of Gluten-Free Products Market

With an increase in the number of consumers moving to a healthy diet and the adoption of “free-from “movement, gluten-free foods have been considered as one of the largely incorporated trends in the food industry. Certain food groups are naturally free from gluten. Some of them include fruits, vegetables, meat & poultry, seafood, dairy, beans, legumes, and nuts. Due to the increasing health trend, there are a lot of gluten-free substitutes, which are available in foods such as cereals, oats, soups, and beverages. Companies are now venturing into the fast-food business by adding products such as gluten-free pastas and burgers.

According to MarketsandMarkets analysis, the global gluten-free products market is projected to grow from USD 4.48 billion in 2018 to reach USD 6.47 billion by 2023, at a CAGR of 7.6%.

What is driving the growth of gluten-free products market?

• Increased diagnosis of celiac disease and other food allergies
• Health benefits and adoption of special dietary lifestyles

Gluten-free products, by type, are segmented into bakery products, snacks & RTE products, pizzas & pastas, condiments & dressings, and others. The bakery products segment is estimated to account for the largest market share in 2018. The constant innovations adopted by the top players in breads, pizza crusts, and doughs among other bakery products are driving the growth in this market. Moreover, the consumption of bakery products in the North American region is high. Countries in this region are also known to report maximum cases of celiac disease, which calls for the processed food industry giants to cater to those needs.

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Gluten-free products, by distribution channel, is segmented into conventional stores, specialty stores, and drugstores & pharmacies. The conventional stores segment is estimated to account for a share of 71% of the total market, making it the largest segment in 2018. Convenience stores include grocery stores, mass merchandisers, warehouse clubs, and online retailers. These stores are ubiquitous, and customers find it more economical. Hence, it is a popular choice among consumers as opposed to specialty stores or drugstores & pharmacies.

Based on region, the gluten-free products market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

• North America dominated the market with a share of USD 2,146.7 million in 2017. According to the Celiac Disease Foundation, the incidence rate of celiac disease among Americans stands at 0.5% in 2018. About three million Americans have celiac disease and
•  a further estimated 40 million suffer from gluten-intolerance or sensitivity. This is one of the major reasons why most Americans are shifting their focus toward gluten-free products.
• Companies such as General Mills (US), The Kraft Heinz Company (US), and The Kellogg Company (US) are introducing different variants of gluten-free products to tap into this dynamic food product category.