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#MeatSubstitutes Market Competitive Dynamics & Global Outlook 2021-2027 The meat substitutes market is estimated to be valued at USD 1.9 billion in 2021 and is projected to reach USD 4.0 billion by 2027, recording a CAGR of 13.5%, in terms of value. The rising health concerns and the changing consumer perception have fuelled the demand for meat substitute products. A healthy lifestyle, supported by the integration of plant-based alternatives, has become a popular notion among consumers who are increasingly open to the idea of plant-based products. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=979 Drivers: Increasing investments in plant-based protein ingredients Innovations in plant-based proteins have had a positive influence on the development of meat substitute products. Manufacturers are infusing plant-based ingredients to produce meat alternatives, which has gained widespread acceptance among consumers. According to the European Regional Development Fund, 22% of UK consumers convey that they consume more protein from other sources rather than meat. For the millennials and iGeneration, the numbers have increased to 25%, indicating the high growth of the protein alternatives market in the country. This factor proves positive for this market and works in its favor due to the changing consumer preferences and the high adaptability rate among consumers. The increasing investments made by ingredient manufacturers are propelling market growth. Opportunities: Emerging markets illustrate the great potential for meat substitutes Developing countries, such as China and India, in the coming years, will experience a strong upsurge in demand for meat substitutes. This demand is driven by an increase in processed and convenience food production. Emerging economies, such as India and China, in Asia Pacific, are exhibiting high growth. Asia Pacific also provides a cost advantage in terms of production and processing. High demand, coupled with the low cost of production, is a key feature that will aid meat substitute suppliers and manufacturers target this market. Developing countries are experiencing busier lifestyles and changing food consumption patterns, leading to an increase in demand for processed, ready-to-cook, and ready-to-eat food, which is expected to push the demand for meat substitutes in these regions. Challenges: Pricing pressure Pea protein is relatively expensive compared to soy protein and wheat protein. Since soy is a well-established product and the availability of raw material is easy, manufacturers have increased their production capacities to reduce costs. However, pea protein, being in its introductory phase, has to overcome these challenges. Its manufacturers are looking to increase production capacities by using advanced technologies for pea protein extraction and processing. However, the less availability of pea protein is forcing food manufacturers to import pea, increasing the price of raw materials and eventually increasing the prices of the final meat substitute products. Due to this, pea protein-based meat substitute is considered a premium product in various countries. Read more: https://www.marketsandmarkets.com/Market-Reports/meat-substitutes-market-979.html Key players in this market include DuPont (US), ADM (US), Kerry Group (Ireland), Ingredion Incorporated (US), Roquette Frères (France), PURIS (US), Cargill (US), Axiom Foods (US), MGP Ingredients (US), The Top Health Ingredients (Canada), Sonic Biochem Ltd (India), Crespel & Deiters (Germany), Wilmar International Limited (Singapore), Sotexpro S.A (France), The Nisshin OilliO Group, Ltd (Japan), and A&B Ingredients (Canada).

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Popularity of drip irrigation is increasing among growers, across the globe The drip #irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to wind, runoff, overspray, and evaporation. Drip systems use between 20%-50% less water than traditional sprinkler systems. In addition to distributing water, drip irrigation systems can also distribute fertilizer, allowing the nutrients to be delivered to plants with minimal labor expense and workforce chemical exposure. Read more: https://www.marketsandmarkets.....com/Market-Reports/d Key players in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), DRIPWORKS (US), Irritec S.p.A (Italy), Goldenkey (UAE), KSNM DRIP (India), and Raindrip, Inc. (US).

Popularity of drip #irrigation is increasing among growers, across the globe The drip #irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to wind, runoff, overspray, and evaporation. Drip systems use between 20%-50% less water than traditional sprinkler systems. In addition to distributing water, drip irrigation systems can also distribute fertilizer, allowing the nutrients to be delivered to plants with minimal labor expense and workforce chemical exposure. Read more: https://www.marketsandmarkets.....com/Market-Reports/d Key players in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), DRIPWORKS (US), Irritec S.p.A (Italy), Goldenkey (UAE), KSNM DRIP (India), and Raindrip, Inc. (US).

Popularity of drip #irrigation is increasing among growers, across the globe The drip #irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217216582 Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to wind, runoff, overspray, and evaporation. Drip systems use between 20%-50% less water than traditional sprinkler systems. In addition to distributing water, drip irrigation systems can also distribute fertilizer, allowing the nutrients to be delivered to plants with minimal labor expense and workforce chemical exposure. Read more: https://www.marketsandmarkets.....com/Market-Reports/d Key players in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), DRIPWORKS (US), Irritec S.p.A (Italy), Goldenkey (UAE), KSNM DRIP (India), and Raindrip, Inc. (US).

Top Trends in the Agricultural #Biologicals Market Regional Analysis & Global Forecast to 2028 The global agricultural biologicals market is projected to grow at a CAGR of 13.7% from an estimated value of USD 14.7 billion in 2023 to reach USD 27.9 billion by 2028. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139215554 In 2022, the North American region emerged as the dominant contributor to the growth of the Agricultural Biologicals market, holding the largest market share. The expansion of the organic industry, increasing costs of chemical fertilizers, and growing awareness about soil nutrient preservation are key factors driving the growth of the Agricultural Biologicals market. The North American region, known for its extensive research and development efforts and the granting of numerous patents for biocontrol and biostimulants by major companies, has played a significant role in the market's expansion in this region. In Europe and the Americas, international manufacturers are facing intense competition as they seek to tap into the market potential in the agricultural biologicals sector. These regions offer substantial market opportunities due to factors such as stringent regulations on chemical pesticide use, rising consumer demand for sustainable and organic products, and government initiatives supporting environmentally friendly agricultural practices. As a result, many international manufacturers are striving to seize these opportunities and establish their presence in the market. Read more: https://www.marketsandmarkets.com/Market-Reports/top-10-trend-agricultural-biological-market-139215554.html Some of the prominent and financially stable players in the industry include BASF SE (Germany), Bayer AG (Germany), UPL (India), Pro Farm Inc. (US), Corteva AgriSciences (US), Valent BioSciences (US), Koppert Biological Systems (Netherlands), and Certis USA LLC (US). These companies have been operating in the industry for several years and have established themselves as key players. Other notable players include Valagro S.P.A. (Italy), Syngenta AG (Switzerland), Stockton Bio-AG (Israel), Valent BioSciences (US), and Rizobacter (Argentina), among others.