Increase in Demand and Consumption of Livestock Based Products to Drive the Market for Feed Additives
The global feed additives market size is projected to grow from USD 33.0 billion in 2018 to USD 44.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Increasing consumption of livestock-based products, rising awareness about the importance of feed quality, and standardization of meat products owing to disease outbreaks are the major drivers for the growth...
Increase in the Number of Fertilizer Production Plants Fuels the Demand for Catalyst Fertilizers
The report “Catalyst Fertilizers Market by Fertilizer Production Process (Haber-Bosch Process, Contact Process), Metal Group (Base Metals, Precious Metals), Fertilizer Application (Nitrogenous, Phosphatic), and Region – Global Forecast to 2023″ The catalyst fertilizers market is projected to reach USD 2.5 billion by 2023, from USD 2.3 billion in 2018, at a CAGR of 2.36% during the...
Scandinavian Enviro Systems (Sweden) and Pyrolyx (Germany) are the Key Players in the Recovered Carbon Black (rCB) Market
The recovered carbon black market size is projected to grow from USD 55 million in 2018 to USD 491 million by 2023, at a compound annual growth rate (CAGR) of 55.0% during the forecast period. The major driving factors of the recovered carbon black market are growing demand for sustainable and environmentally-friendly fillers in tire and non-tire rubber applications, abundant availability of end-of-life...
High Threat of Diseases in Livestock to Drive the Growth of Feed Phosphates Market
Feed phosphates are used as supplements for the diets of livestock, such as poultry, swine, cattle, and aquatic animals. They help animals attain faster growth, improving gut functionality, fertility, and aiding bone development. Feed phosphates optimize the nutritional value of feed and further enhance the quality of meat and dairy. The market is driven by the rise in consumption of meat and dairy...
Evonik Industries adopted Acquisition as Key growth strategy to increase share in Curing Agents Market
The curing agents market size is estimated to be USD 4.2 billion in 2018 and is projected to reach USD 5.9 billion by 2023, at a CAGR of 6.80%. The growth of its application such as coatings, electrical & electronics, composites, adhesives, construction, and wind energy is the key factor driving the curing agents market.
The major players operating in the curing agents market are Evonik Industries...
Biosurfactants Market: Asia Pacific to be the fastest-growing
The global Biosurfactants Market is estimated at USD 4.20 billion in 2017 and is projected to reach USD 5.52 billion by 2022, at a CAGR of 5.6% from 2017 to 2022. Increasing demand for green solutions is the major factor driving the growth of the biosurfactants market. The growth in the market is also triggered by the awareness created by regulatory bodies towards the adoption of biologically derived...
Higher Yields Compared to Traditional Soil-Based Agriculture drives the Hydroponics Market
Hydroponics is a technique of growing plants with water and nutrients without the use of soil. This technique makes use of containers or specially designed benches with troughs to enable the suspension of plants in water. Hydroponic systems often use materials such as sand, pebbles, or sawdust as substrates that have high water-holding capacity. The roots grow within the substrates to secure the plant...
Asia Pacific to Dominate the Feed Acidulants Market through 2023
The high threat of diseases among livestock and increasing government aid promoting the growth of the feed industry are the factors driving the market for feed acidulants. MarketsandMarkets expects the feed acidulants market to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a CAGR of 5.1% during the forecast period.
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Increase in Demand and Consumption of Livestock-Based Products Drives the Livestock Grow Lights Market
The livestock grow lights market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. This is attributed to technological innovations and the adoption of smart livestock farming practices. However, the increase in the demand and consumption of livestock-based products and the rising focus on livestock growth and welfare together...
Nematicides Market is Gaining Momentum Due to Better Maintenance of Soil Health to Achieve the Required Crop Yield
The nematicides market is projected to reach USD 1.43 Billion at a CAGR of 3.30% from 2016 to 2022. The nematicides market is gaining momentum due to better maintenance of soil health to achieve the required crop yield and emergence of South American countries as major contributors toward the growth of the overall nematicides market.
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