The global pest control market size is anticipated to witness substantial growth on account of the increasing rodent population and reach USD 31.94 billion by 2027. The change in climatic conditions and the rapidly growing population of rodents worldwide have increased the demand for pest control worldwide. As per a recently published report by Fortune Business Insights titled, “Pest Control Market Size, Share & Industry Analysis, By Pest Type (Insects, Termites, Rodents, Others), Method (Chemical, Mechanical, and Biological), Application (Residential, Commercial, and Industrial), and Regional Forecast, 2020 - 2027,” the market value was USD 19.73 billion in 2019 and is anticipated to rise at a CAGR of 6.31% during the forecast period, 2020 to 2027.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The Report Answers the following Questions?

How fierce is the market competition?

How will government support to Integrated Pest Management boost market?

Which strategies are adopted by market players to gain a competitive edge in the market?

What is the impact of the COVID19 pandemic on the pest management market?

Drivers & Restraints-

Advent of Pest Control Software will Bolster Growth

The rise in the number of fatal vector-borne diseases is a major factor in promoting the growth of the pest control market growth. The World Health Organization states an annual of 7,00,000 deaths to vector-borne diseases, which accounts for 17% of all infectious diseases in the world. Diseases caused by pests are promoting the need for various pest control methods such as biological, mechanical, and chemical methods, thereby augmenting growth. Additionally, the increasing urbanization and industrialization that propelled a rise in construction activities have also increased the hygiene standards among people. This further added impetus to the rise in the need for pest control.

On the negative side, the use of pesticides and insecticides is strictly monitored by various agencies such as the Environment Protection Agency (EPA) of the United States and the government. They have imposed stringent regulations on the use of fatal chemicals and highly toxic pest control products and services that may pose a threat to the environment. This may hamper the overall market in the coming years.

Nevertheless, the increasing adoption of the pest control software is currently trending, thereby creating lucrative growth opportunities for the future market.

Segment-

Insects Segment to Dominate Market with its Proliferating Population

Based on the pest type, the insects segment dominated the market in 2019 with a 49.30% pest control market share. This is attributed to the rapidly multiplying insect population in both agricultural and non-agricultural areas.

Regional Analysis-

North America Emerged Dominant Owing to Presence of Major Players

The increased awareness about the ill-effects of pest attacks on health and hygiene is a major factor boosting the North American market, thereby making it the largest contributor. In 2019, this region gathered a revenue of USD 9.59 billion on account of the increasing number of commercial and residential infrastructural development activities. This coupled with the presence of a majority of pest management market manufacturers will help this region continue dominating in the near future.

Asia Pacific market on the other side is anticipated to rise at a rapid pace on account of the rise in urbanization activities across the emerging nations such as Malaysia, China, India, and others. This, coupled with the rise in awareness about toxicity caused by pests and increasing expenditure on pest control products by consumers will help this region rise at a significant CAGR in the forthcoming years.

Competitive Landscape-

Players Emphasizing on Innovative Product Launches to Gain Strategic Position in Market

There are more than 40,000 companies dealing with pest control products and services worldwide, thereby leading to a highly fragmented competitive landscape. Some of the highest shares of the market are contributed by players such as ServiceMaster, Rollins Inc., and Rentokil. They are engaging in collaborative efforts and investing in new products launched to gain a competitive edge in the market.

Some of the Significant Industry Developments of the Pest Control Market include:

September 2019 – The fourth-largest pest control company, Nomor Holding AB was acquired by ServiceMaster for increasing product portfolio in the European market.

January 2019 – Rentokil acquired Multicontrole Pest Control, the giant company dealing with pest control in Brazil. The key objective of this acquisition is to expand the geographical presence of the market in the South American region.

Fortune Business Insights™ lists out the names of market manufacturers. This includes:

ServiceMaster Global Holdings Inc. – United States

Bayer AG – Germany

Terminix International Company L.P – United States

Anticimex – Sweden

Rentokil Initial Plc. - United Kingdom

Ecolab Inc. – United States

Truly Nolen – United States

Rollins Inc. – United States

Massey Services Inc. – United States

Bell Laboratories – United States

Other vendors

Browse Summary

https://www.fortunebusinessinsights.com/pest-control-market-102854

The global rodenticides market is set to gain momentum from the increasing contamination of food items. Rodents are capable of contaminating around ten times the amount of food that they consume. Sometimes, it is much more. This information is given by Fortune Business Insights™ in a recent report, titled, “Rodenticides Market Size, Share & Industry Analysis, By Type (Anticoagulant and Non-anticoagulant), Form (Pellets, Powders, Sprays, and Others), Application (Agricultural Fields, Warehouse, Pest Control Companies, and Others), and Regional Forecast, 2020 – 2027.” The report further states that the rodenticides market size was USD 2,046.03 million in 2019 and is projected to reach USD 2,660.82 million by 2027, exhibiting a CAGR of 3.46% during the forecast period (2020-2027).

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

This Report Answers the Following Questions:

· Which strategies are being implemented by prominent players to intensify competition?

· How will the market be affected in the coming years owing to changing consumer preferences for non-toxic rodenticides?

· Which region would dominate the market in terms of revenue?

· What is the scenario of the segments in the market?

Drivers & Restraints-

Increasing Usage of Integrated Pest Management to Bolster Growth

Rats and mice have been damaging the health and fitness of the masses since time immemorial. They can cause 60 different types of diseases, such as Hantavirus, typhus, and plague. At the same time, they can cause economic loss. One of the most effective methods to deal with such commensal rodents is the adoption of integrated pest management (IPM). It is a broad-based approach that highlights the economic management of rodents. However, the launch of new rodenticides must follow some of the rigorous and stringent regulatory requirements as provided by the governments or other regulatory bodies. It may hamper the rodenticides market growth during the forthcoming period.

Segment-

Anticoagulant Segment to Grow Rapidly Backed by High Demand from Agriculture Sector

Based on type, the market is bifurcated into non-anticoagulant and anticoagulant. The anticoagulant segment held 75.54% rodenticides market share in 2019. They are used at a large scale as they provide the rodents with painless deaths by preventing their blood from coagulating. They are also less toxic to other animals, as well as human beings. They are highly demanded from the agricultural sector across the globe. Hence, this type of rats and mice pest control would be sold more in the near future.

Regional Analysis-

Increasing Number of Residential Societies to Drive Growth in North America

In terms of geography, the market is divided into Asia Pacific, South America, North America, the Middle East and Africa, and Europe. Out of these, North America procured USD 692.58 million revenue in 2019. It is set to dominate the market in the near future. This growth is attributable to the rising number of residential societies in this region. Coupled with this, the increasing demand for rodent control products and services would contribute to the market growth in this region.

Asia Pacific, on the other hand, is expected to showcase rapid growth during the forecast period backed by the ever-increasing population, especially in the developing countries, such as India and China. Most of the people are engaged in agriculture in these countries. The growing population is urging the farmers in providing the maximum yield to fulfil the unmet needs. The production is lowering because of rodent attacks. Hence, such attacks need to be reduced. Also, rodenticides are easy-to-use, cheap, and are very effective. These factors are increasing their popularity in this region.

Competitive Landscape-

Key Players Engage in Mergers & Acquisitions to Broaden Product Portfolio

Major companies operating in the market are aiming to generate more sales by launching unique rodenticides in the market. Some of the reputed enterprises are also acquiring local players to increase their product portfolios. A few of the others are conducting awareness programs to let people know about the availability of various novel rodent pests and their advantages. Below are a couple of the latest key industry developments:

· November 2017: Rentokil Initial, a business services group based in the U.K., announced the acquisition of Vector Disease Acquisition, LLC (VDA). The latter is a provider of a wide range of vector control services consisting of disease testing, species identification, and weekly monitoring of mosquito levels. This transaction would aid Rentokil in strengthening its position in the market and fulfil the growing demand for mosquito control worldwide.

· August 2017: NEOGEN launched an effective rodenticide bait named DeciMax® Soft. It blends the flexibility and superior palatability so that it can be used in extreme weather conditions. It is also equipped with a second generation anticoagulant named bromadiolone that would help in controlling mice and rats effectively.

Fortune Business Insights™ lists out the names of all the renowned manufacturers of rodenticides. They are as follows:

· BASF SE - Germany

· Bayer AG – Germany

· Bell Laboratories Inc. – United States

· Neogen Chemicals – United States

· Rentokil Initial Plc – United Kingdom

· PelGar International – United Kingdom

· Liphatech, Inc. – United States

· Impex Europa - Spain

· EcoClear Products Inc. – United States

· Syngenta AG – Switzerland

Browse Summary

https://www.fortunebusinessinsights.com/rodenticides-market-102826

The global Drywall Screws Market size (2022-2027) research report represents a detailed overview of the current market situation and forecast till 2027. The study perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry face alongside gap analysis and new opportunities available and trend within the Drywall Screws Market. Further, this report gives Drywall Screws Market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potentials in the given period of forecast. An exhaustive and professional study of the global Drywall Screws Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.

Market Analysis and Insights: Global Drywall Screws Market

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Drywall Screws Market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Drywall Screws Market in terms of revenue.

Drywall Screws Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. The report also focuses on global major leading industry players of global Drywall Screws Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Drywall Screws Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Drywall Screws Market Size by analyzing historical data and future prospect.

The Major Key Players Listed in Drywall Screws Market Report are:

· Grip-Rite

· The Hillman

· Würth Group

· SENCO

· Katsuhana Fasteners

· Triangle Fastener

· National Nail

· PAULIN

· ZYH YIN

· Fu Yeh

· Pan American Screw

· LUMEIJIA

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Drywall Screws Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Drywall Screws Market.

Key Attentions of Drywall Screws Market Report:

· The report offers a comprehensive and broad perspective on the global Drywall Screws Market.

· The market statistics represented in different Keyword segments offers complete industry picture.

· Market growth drivers, challenges affecting the development of Keyword are analyzed in detail.

· The report will help in the analysis of major competitive market scenario, market dynamics of Keyword.

· Major stakeholders, key companies Keyword, investment feasibility and new market entrants study is offered.

· Development scope of Keyword in each market segment is covered in this report. The macro and micro-economic factors affecting the Drywall Screws Market

· Advancement is elaborated in this report. The upstream and downstream components of Keyword and a comprehensive value chain are explained.

Browse the detailed industry research insights:

https://www.businessresearchinsights.com/market-reports/drywall-screws-market-100028

The global Infrared Reflective Glazing Market size (2022-2027) research report represents a detailed overview of the current market situation and forecast till 2027. The study perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry face alongside gap analysis and new opportunities available and trend within the Infrared Reflective Glazing Market. Further, this report gives Infrared Reflective Glazing Market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potentials in the given period of forecast. An exhaustive and professional study of the global Infrared Reflective Glazing Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.

Market Analysis and Insights: Global Infrared Reflective Glazing Market

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Infrared Reflective Glazing Market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Infrared Reflective Glazing Market in terms of revenue.

Infrared Reflective Glazing Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. The report also focuses on global major leading industry players of global Infrared Reflective Glazing Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Infrared Reflective Glazing Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Infrared Reflective Glazing Market Size by analyzing historical data and future prospect.

The Major Key Players Listed in Infrared Reflective Glazing Market Report are:

• Nippon Sheet Glass Co., Ltd.

• Eastman Chemical Co(Southwall)

• Asahi Glass Co Ltd

• Saint Gobain

• Guardian Industries Corporation

• Fuyao Group

• Central Glass

• Pittsburgh Glass Works, LLC

• Xinyi Glass Holdings

• Abrisa Technologies

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Infrared Reflective Glazing Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Infrared Reflective Glazing Market.

Key Attentions of Infrared Reflective Glazing Market Report:

• The report offers a comprehensive and broad perspective on the global Infrared Reflective Glazing Market.

• The market statistics represented in different Keyword segments offers complete industry picture.

• Market growth drivers, challenges affecting the development of Keyword are analyzed in detail.

• The report will help in the analysis of major competitive market scenario, market dynamics of Keyword.

• Major stakeholders, key companies Keyword, investment feasibility and new market entrants study is offered.

• Development scope of Keyword in each market segment is covered in this report. The macro and micro-economic factors affecting the Infrared Reflective Glazing Market

• Advancement is elaborated in this report. The upstream and downstream components of Keyword and a comprehensive value chain are explained.

Browse the detailed industry research insights:

https://www.businessresearchinsights.com/market-reports/infrared-reflective-glazing-market-100008

The global instant noodles market size is projected to reach USD 65.77 billion by the end of 2026. The increasing demand for the product across the world will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Instant Noodles Market Size, Share & Industry Analysis, By Type (Chicken, Vegetable, Seafood, and Others), Ingredient (Oats, Rice, Wheat, and Others), Distribution Channel (Supermarkets/ Hypermarkets, Speciality Stores, Convenience Stores, and Online Retail), and Regional Forecast, 2019 – 2026,” the market was worth USD 41.71 billion and will exhibit a CAGR of 5.92% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Instant noodles are one of the most popular instant foods that are consumed on a large scale across the world. The adoption of fast-paced lifestyle and the consumption of packaged foods will lead to a wider adoption of instant noodles in numerous countries across the world. The nutritional content of instant noodles is a primary reason why it is widely consumed on a large scale. The variations in product offerings by major companies across the world will bode well for the market in the coming years. The low cost of the products, coupled with expanding middle-class population in several countries across the world will open up a huge potential for the companies operating in the market. Accounting to the massive demand for the product across the world, instant noodle vendors are looking to offer products with new flavors as well as categories such as vegetarian and non-vegetarian products.

Variations in Product Offerings Will Aid Growth

The report includes several factors that have contributed to the growth of the market in recent years. It discusses key strategies adopted by major companies that are operating across the world. The instant noodles market is growing rapidly due to the massive product demand, coupled with the increasing number of retail chains and shops at which it is sold. The long shelf life of the product makes it suitable for sale at such shops. As instant noodles are one of the most popular and favorite delicacies across the world, there is a constant demand for the product from outlet stores and retail chains. In November 2018, ITC Limited announced the launch of four new variants of instant noodles. The company introduced these variants to its range of Yippee Noodles, a step that was taken to capitalize on the constant demand for the product across the world. ITC’s newest variants will help the company generate substantial market revenues in the coming years.

List of companies profiled in the report:

Nissin Food Holdings

Nestle S.A.

ITC Limited

Capital Foods Pvt. Ltd.

Ajinomoto Co. Inc.

Acecook Vietnam Joint Stock Company

The Campbell Soup Company

Indofood Sukses Makmur Tbk

Aico Food Ltd.

Samyang Corporation

Industry Developments:

October 2018: Nestle S.A. announced the launch of a new innovative baked sweetcorn instant noodles. The company introduced ‘MAGGI Nutri-licious,’ a step that was taken to meet the demand for healthy noodles from in the market.

Browse In-depth Summary of This Research Insight@

https://www.fortunebusinessinsights.com/industry-reports/instant-noodles-market-101452

The global canned food market size is projected to reach USD 100.92 billion by the end of 2027. Increasing product demand availability at low costs will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Canned Food Market Size, Share & COVID-19 Impact Analysis, By Type (Canned Seafood, Canned Fruits and Vegetables, Canned Meat, and Others), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027,” the market was worth USD 91.90 in 2019 and will exhibit a CAGR of 1.30% during the forecast period, 2020-2027

The novel coronavirus, COVID-19, has cast an unprecedented effect on several businesses across industries. While some industries are experiencing significant loss owing to the lockdown announced by the federal governments globally, collective efforts from the government and the industries will ensure that the testing times may soon pass away.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Canned foods are widely consumed across the world, accounting to the adoption of fast paced lifestyles. These foods have gained massive popularity in the past few decades. The increasing demand for clean-labelled products has led to an increase in the demand across the world. The use of environment-friendly material for manufacturing of cans and can materials will aid the growth of the overall market in the coming years. The availability of canned foods at retail chains, stores, grocery shops, and other chains will lead to a wider consumption across the world. The availability of preserved foods and variations in these foods will emerge in favor of the companies operating in the market. The high investment in development of long-lasting canned foods will aid the growth of the overall market in the forthcoming years.

Increasing Number of Company Mergers will Have a Direct Impact on Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of number of company mergers and acquisitions as well as collaborations has made the highest impact on market growth. Major companies are looking to collaborate with each other with a view to maximizing the use of resources and subsequently acquire a wider consumer base. In February 2020, B&G Foods announced that it has completed the acquisition of a renowned canned food manufacturer. The company acquired Farmwise LLC., a global manufacturer of canned vegetables. Through the acquisition of US-based Farmwise, B&G Foods will look to improve its range of plant-based protein foods. This acquisition will help the company improve its global business in the coming years. B&G’s acquisition of Farmwise LLC will also influence the growth of the overall canned food market in the coming years.

North America to Exhibit the Highest CAGR; Adoption of Fast-paced Lifestyle to Aid Growth

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is expected to emerge dominant in the coming years. The adoption of a fast-paced lifestyle and increasing trends of canned food consumption, especially in the United States will contribute to market growth. The presence of several large scale retailers, coupled with the growing popularity of convenience foods will emerge in favor of market growth. As of 2019, the market in North America was worth USD 35.93 billion and this value is projected to increase further in the coming years. The market in Europe is projected to emerge as the second largest market, owing to the increasing consumption of canned foods especially by the millennial population in several countries across this region.

List of the Leading Companies Operating in the Canned Food Market are:

The Kraft Heinz Company (United States)

Bolton Group S.r.l. (Italy)

Campbell Soup Company (United States)

Conagra Brands, Inc (United States)

Nestlé (Switzerland)

Danish Crown AmbA (Denmark)

Del Monte Foods, Inc (United States)

JBS USA Holdings, Inc. (United States)

Ayam Brand (Singapore)

Holyland Marketing Private Limited (India)

Industry Developments:

April 2020: Baxters Food Group Limited announced the launch of a new range of vegan tin-canned soups in three flavours-Jackfruit, Three Bean & Chipotle; Sri Lankan Sweet Potato; and Butternut Squash & Lentil Dhansak.

Browse Summary of this Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/canned-food-market-103258

The global food enzymes market size is expected to rise considerably owing to extensive adoption of clean-labeled and natural ingredients in food & beverage industry. Fortune Business Insights, in its latest report, titled “Food Enzymes Market Size, Share & Industry Analysis, By Source (Microbes, Plants, and Animals), Type (Carbohydrases, Proteases, Lipases and Others), Application (Bakery, Dairy, Beverages, Nutraceuticals and Other Processed Foods), and Regional Forecast, 2020 – 2027.”, further observes that the market value stood at USD 1.69 billion in 2019, which is likely to hit USD 2.39 billion by 2027 while exhibiting a 4.70% CAGR during the forecast period.

What does the Market Report Include?

The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

Drivers and Restraints:

Increasing Consumption of Clean-Labeled Food to Surge Demand

According to the European Food Safety Authority (EFSA), long-term exposure of chemicals at high concentrated levels through food may have a toxicological effect on humans. Though they are essential building blocks, synthetic chemicals as additives have an adverse effect on health when consumed. Increasing awareness among people regarding the health concerns associated with the consumption of synthetic ingredients is expected to surge the demand for clean-labeled food across the globe. The gradual shift of the consumers from chemical ingredients to naturally processed food products that are safe and healthy will boost the demand for food enzymes in the forthcoming years. For instance, in October 2019, Tiny Organics, a U.S.-based direct-to-consumer brand, announced its launch of organic plant-based recipes that are healthy for toddlers. The recipes include baby burrito bowls, pumpkin spice oatmeal, and coconut curry-induced dishes.

Regional Analysis:

Increasing Demand for High-quality Processed Food to Augur Growth in North America

Among the regions, North America is anticipated to remain dominant and register high global food enzymes market revenue in the forthcoming years. This is ascribable to factors such as growing demand for naturally occurring ingredients. Additionally, increasing demand for high-quality processed food and rising investments from manufacturers to develop innovative products is likely to drive the market growth in the region. Asia-Pacific, on the other hand, is likely to register steady growth for the market during the forecast period. This is attributable to factors such as growing demand for bakery and dairy products.

Competitive Analysis:

Joint Ventures Among Companies to Spur Demand for Food Enzymes

In November 2019, Cargill along with DSM announced its plan to enter into a joint venture. Avansya, the joint venture between the two giants is about constructing a commercial facility to manufacture stevia sweeteners through the fermentation process. The companies are likely to consolidate their position with their collaboration by setting up the 10,000 sq. ft. plant that costs around USD 50 million, located at Blair, Nebraska. Adoption of strategies such as joint ventures, product launches, and expansion of product offerings by the companies to cater to the increasing consumer demand is likely to favor the global food enzymes market growth between 2020 and 2027.

Browse Summary

https://www.fortunebusinessinsights.com/food-enzymes-market-102835

The global savory ingredients market size is predicted to reach USD 11.94 billion by the end of 2026, exhibiting a CAGR of 6.65% during the forecast period. The growing utilization of savory ingredients for sweet, sour, and salty taste in Japanese and Chinese cuisines will have a tremendous impact on the savory ingredients market growth during the forecast period. The increasing consumption of food products around the world will spur opportunities for the market in the forthcoming years, states Fortune Business Insights in a report, titled “Savory Ingredients Market Size, Share and Industry Analysis By Source (Natural, Synthetic), Product (Yeast Extracts, Monosodium Glutamate, Protein, Nucleotides), Application (Food, Animal Feed), and Regional Forecast 2019-2026” the market size stood at USD 7.25 billion in 2018.

Worldwide COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Market Driver:

Rising utilization of Savory in Processed Food to Augment Growth

The increasing application of savory ingredients in the production of processed food products. Will have a positive impact on the market during the forecast period. The fusion of savory ingredients in a variety of food products such as savory snacks nuts, crisps, extruded snacks, sweets, salty snacks, and others will boost the growth of the market in the forthcoming years.

The rising consumption of snacks, soups, and meat-based products will spur opportunities for the market in the forthcoming years. The use of savory ingredients in curated meat products to enhance the taste will subsequently foster the growth of the market. The evolving preference and eating habits of consumers will consequently facilitate the growth of the market.

The rising focus of food manufacturers towards savory ingredients to enhance the sensorial properties and taste of the food products is expected to aid the expansion of the market. In addition, the rising partnerships and acquisitions among key players will consolidate the industry and therefore promote the growth of the market.

For instance, in December 2018, Kerry Group, a leading food company based in Ireland announced the acquisition of Ariake U.S.A., Inc. a food production company engaged in manufacturing natural seasonings such as natural clean labels savory taste solutions. The new development will help Kerry Group reinforce its position in the market.

Regional Analysis:

Heavy Demand for Ready-to-eat Food Items to Favor Growth in Asia Pacific

Asia Pacific is predicted to witness a significant growth rate during the forecast period owing to the high consumption of savory snacks, curated meat products, and soups in the region. The rising demand for savory snacks and ready-to-eat meals is likely to back the growth of the market in Asia Pacific. The growing utilization of monosodium glutamate (MSG) in countries such as China and Japan. China is the world's largest MSG producer and consumer. The shifting consumer preference will also influence growth in Asia Pacific. Furthermore, the growing consumption of noodles in developing economies such as China, India owing to the evolving lifestyle of people will bolster the healthy growth of the market. The surge in working professionals has led to the demand for ready-to-eat food items, which in turn, will encourage the growth of the market.

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessinsights.com/industry-reports/savory-ingredients-market-100256

The global ice cream market size is anticipated to showcase eminent growth owing to the constant product innovation from major players, observes Fortune Business Insights™ in its report, titled, “Ice Cream Market Size, Share & COVID-19 Impact Analysis, By Type (Impulse Ice cream and Take Home), Flavor (Vanilla, Chocolate, Fruit, and Others), Packaging (Cup, Cone, Stick, Brick, Tub, and Others), Distribution Channel (Hypermarket/Supermarket, Ice cream Parlor, Online Retailer, and Others), and Regional Forecast, 2020-2027.” The market size reached USD 70.85 billion in 2019 and is anticipated to reach USD 91.90 billion by 2027, exhibiting a CAGR of 4.01% during the forecast period.

Traveling Restrictions to Have Adverse Impact on Businesses amid COVID-19

The COVID-19 pandemic has had a drastic impact on the global economy. Nationwide lockdowns and traveling restrictions have disrupted the global supply chain, negatively impacting businesses across the globe. Countries across the world are constantly working on addressing the challenges that have arisen during the crisis. At Fortune Business Insights, we are constantly analyzing these challenges in order to provide feasible solutions.

Highlights of the Report:

While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.

Drivers & Restraints-

Increasing Use of Functional Ingredients in Products to Drive Growth

Prominent enterprises are expanding their resources in research and development activities to offer options that include healthy and functional ingredients for optimum nutrition. This is due to the increasing health awareness among consumers globally. This trend is estimated to drive the ice cream market growth. In addition, the increasing adoption of premiumized ice creams made from rich ingredients is anticipated to further enhance growth. However, the seasonal nature of the primary product is projected to hinder growth during the forecast period.

Segment-

Premium Vanilla Extracts to Drive Segment Growth

On the basis of flavor, the vanilla segment dominates the market with a total share of 30.22%. The increasing expenditure on premium quality vanilla-flavored products from these companies due to the high demand of the flavor is predicted to drive the segment growth. On the basis of type, the impulse segment is projected to rise at a considerable ice cream market share stoked by innovation and consumer-oriented packaging.

Top Regional Insights-

Rapid Urbanization to Help Asia Pacific Gain Prominence

Asia Pacific is estimated to dominate the global market with a market value of USD 15.43 billion in 2019. The increasing disposable income and rapid urbanization in major countries including China, India, and Japan are estimated to drive the growth in the region. In addition, the rising popularity of fast food in the region is estimated to enhance the demand in Asia Pacific.

The market in North America is projected to exhibit significant growth in the forecast timeline. A wide range of fast-food chains, coupled with the increasing demand for natural products is set to further propel the need for ice-creams in the region.

Competitive Landscape-

Introduction of New Products to Aid Key Players Expand their Product Lines

The global ice cream industry comprises various producers and multinational corporations contributing to the development of the industry. Key players are focusing on innovative product launches in order to expand their businesses, as well as their product portfolios. For Instance, in January 2021, Unilever Group announced the launch of a double red velvet variant under its Magnum brand. This helped the company expand its product line.

Industry Developments-

October 2020: Amul announced the launch of a new camel milk ice cream. The product is made from 100 percent camel milk, and it is said to be good for health-conscious consumers as it contains less fat than cow milk.

July 2020 – Mother Dairy, one of the leading dairy players in India, introduced a brand named Rocket, with two exciting flavors of French Vanilla and Belgian Chocolate.

June 2020: Dairy Day launched Dairy Day Plus — a range of ice creams with immunity-boosting ingredients.

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/ice-cream-market-104847

The global vegetable seeds market size was USD 6.76 billion in 2020. This information is processed by Fortune Business Insights™ in its report titled, “Vegetable Seeds Market, 2021-2028.” As per the report, the market is projected to grow from USD 7.17 billion in 2021 to USD 11.36 billion by 2028, displaying a CAGR of 6.78% during the forecast period of 2021-2028.

As per our analysts, a diet rich in vegetables can aid to decline the incidence of any ailment or disorder, for example, obesity and eye concerns. Moreover, eating healthy non-starchy vegetables such as lettuce, spinach, and others aid in weight loss. This has augmented the demand for the product.

COVID-19 Impact

Disruption in Supply Chain of Vegetable Seeds to Decline Market Value amid COVID-19

The global outbreak of COVID-19, trailed by lockdowns across numerous countries, has affected several industries. Although the seed sector was measured under indispensable commodities, its production and logistics were affected owing to other aspects such as labor shortage and seed trade.

For example, as per the Executive Director of the Federation of Seed Industry in India, the declination in onsite staff, application of numerous shifts, social distancing, recurrent sanitization of plant, and periodic health monitoring of staff resulted in declined yield at Indian seed processing plants.

Report Coverage

The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. The regional dynamics and how they shape the market in an upward curve are presented in the following report. Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the demand for vegetable seeds in the near future.

Drivers and Restraints

Demand for Diet-based Nutritional Food to Support Market

The inclusion of vegetables in the diet helps to combat malnutrition and diversify the diet. Dietary diversification helps to balance the diet by enhancing the supply of essential micronutrients that lead to improved health, enhanced thinking ability, and increased efficiency. Moreover, the nutritional richness of vegetables ensures a low-cost remedy for nutritional deficiency in many developing countries. This is expected to bolster thee vegetable seed market growth.

Regional Insights

Asia Pacific is slated to be the leading region in the global market

Asia Pacific presently holds the largest vegetable seeds market share and is projected to recollect its position throughout the forecast period. The increasing agriculture industry, growing consciousness regarding the health benefits of vegetables, and rising area under horticultural crops are the prime aspects fuelling the market in this region.

The Europe market will display substantial demand on account of the speedy progressions in the breeding technologies that lead to the expansion of high-quality vegetable planting seeds.

The North America market stated considerable growth during the foreseeable years. The vegetable planting seeds industry is highly strong-minded, with a high demand for vegetables in the U.S., Canada, as well as Mexico.

Segments

By type, the market is divided into open pollinated varieties and hybrid. By crop type, it is fragmented into Solanaceae, root & bulb, cucurbit, brassica, leafy, and others. By cultivation method, it is bifurcated into protected and open field. Region-wise, it is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Competitive Landscape

Collaborations among Companies to Protect their Brand Values in Global Market

Prominent players in the market are constantly opting for operative tactics to promote their products and institute their positions in the market. One such strategy is to present novel products by partnering up with other companies to extend their reach to end-users.

Industry Development

January 2021: Bayer demonstrated four novel diversities of vegetable seeds known as, Anshuman, Bazlet, SVHA9093, and Himgauri during an event, Pragati Diwas. This program was conducted in Chikaballapur based near Bengaluru, India.

Browse Summary of This Research Report:

https://www.fortunebusinessinsights.com/vegetable-seed-market-103066

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