Food and Beverages Industry Overview

The microgreens market consists of sales of microgreens by entities (organizations, sole traders, and partnerships) that refer to small plants between sprouts and baby greens in height, standing 1-3 inches (2.5-7.5 cm) tall. Microgreens can be grown from various seeds and are particularly convenient to grow because they can be grown anywhere, including outside, in greenhouses, and even on your windowsill. They come in various colors and textures, fragrant flavor, and contain concentrated nutrients. Compared to their more developed counterparts, they frequently have higher levels of vitamins, minerals, and antioxidants. The stems and leaves of microgreens are the only edible parts, making them more comparable to baby greens. Microgreens are used in various cold and warm recipes and are consumed raw, juiced, or blended. The main types of crops of microgreens are broccoli, cabbage, cauliflower, arugula, peas, basil, radish, cress, and other types. Broccoli refers to baby broccoli plants that are 1-2 inches tall at the time of harvest and are easy to grow. They are rich in nutrients including vitamin A, B, C, E, and K, macro elements such as calcium, magnesium, and phosphorous, and micro-elements that include iron, copper, and zinc. The main categories of microgreens include organic and conventional and they are grown in different platforms including indoor vertical farming, commercial greenhouse, and other farming methods. The end-users of microgreens include retail, food service, and others. The microgreens market research report is one of a series of new reports from The Business Research Company that provides Microgreens market statistics, including microgreens industry global market size, regional shares, competitors with a microgreens market share, detailed microgreens market segments, market trends and opportunities, and any further data you may need to thrive in the microgreens industry. This microgreens market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global microgreens market size is expected to grow from $1.49 billion in 2021 to $1.70 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The global microgreens market size is expected to reach $2.61 billion in 2026 at a CAGR of 11.3%. Increasing indoor and vertical farming adoption is expected to drive the microgreens market. Vertical farming indoors is the process of growing foods stacked one above the other in a controlled, enclosed environment. Compared to conventional farming techniques, vertically installed growing shelves considerably minimize the quantity of land needed to cultivate plants. Due to its capacity to flourish in constrained spaces, this cultivation style is frequently connected with cities and urban farming. The benefits of indoor vertical farming range from sustainable urban growth to crop production maximization, with lower labor expenses. Microgreens are widely grown using vertical farming indoors because they do not consume much space. For instance, in 2021, according to Bayer, a multinational company with primary expertise in the life science industries of agriculture and healthcare, globally, there are 204,387 sq m (or 2.2 million sq ft) indoor farms in operation in 2022. In the following five years, that figure is anticipated to be nearly tenfold to 2 million sq m (or 22 million sq feet). Therefore, the increase in indoor and vertical farming adoption would propel the microgreens market's growth. Technological advancement is a key trend in the microgreens market. Artificial intelligence is used in microgreens production to improve the quality of production. Microgreens in capsules are grown properly under the supervision of artificial intelligence-powered systems. It keeps track of their development through a chip within the growing cabinet, alerts in case of any problems, and advises when it's best to harvest the herbs. In February 2021, GOhydro, an Attiki-based smart-sensing ICT platform that keeps track of the nutrient content and health of hydroponically grown microgreens, developed a smart-sensing, AI-driven hydroponic platform for home settings. The platform's development depended on an analysis of the variables influencing the growth and nutritional value of micro-greens like basil, coriander, and parsley, as well as their relationships to environmental and cultivational requirements. These elements will guide the process of choosing a collection of different sensors. Future applications of these techniques include large-scale traditional agriculture and other growing environments. In September 2021, Green Life Farms, a US-based sustainable farming company that combines technology with agricultural best practices, acquired Finn Farms for an undisclosed amount. Through this acquisition, Green Life Farms has acquired 100% shares of Finn Farms, its equipment and site assets, and intellectual property and licensing rights. This deal enables Green Life Farms to expand its product portfolio and provide consumers with the freshest, tastiest leafy greens. Finn Farms is a US-based producer of hydroponic foods, including herbs and microgreens. Major players in the microgreens market are AeroFarms LLC, Goodleaf Farms, Living Earth Farm, Fresh Origins, Gotham Greens, Madar Farms, Teshuva Agricultural Projects Ltd., The Chef's Garden Inc., Farmbox Greens LLC, Living Earth Farm, Fresh Origins Farm, Jiangsu Skyplant Greenhouse Technology Co. Ltd, Shenzhen Sunlight Lighting Co., Ltd., Cherry Lane Farm, and Florida Microgreens. North America was the largest region in the microgreens market in 2021. The regions covered in the global microgreens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the microgreens market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global microgreens market is segmented - 1) By Type: Broccoli, Cabbage, Cauliflower, Arugula, Peas, Basil, Radish, Cress, Others 2) By Category: Organic, Conventional 3) By Farming Method: Indoor Vertical Farming, Commercial Greenhouse, Others 4) By End User: Retail, Food Service, Others

The essential oils & plant extract for livestock market consists of sales of the essential oils & plant extract for livestock by entities (organizations, sole traders, and partnerships) that refer to plant extracts as natural substances that can take the place of antibiotics as secure and enduring substitutes. The essential oils & plant extract for livestock include cloves and cinnamon, which have antibacterial properties in the rumen and are also powerful antioxidants. Thyme stimulates the digestive system, which may help animals develop and be more productive. Vanilla oregano has antibacterial and antimicrobial qualities, which may help with feed intake and efficiency. The main types of essential oils & plant extracts for livestock are essential oils and plant extracts. Essential oils refer to the application of essential oils to livestock for animal growth, improving feed intake, and efficiency. Essential oil is a natural oil typically obtained by distillation and has the characteristic odor of the plant or other source from which it is extracted. Both solid/power and liquid form essential oils & plant extract are helpful to address gut health, immunity, and yield of livestock. The essential oils & plant extract products are suitable for cattle feed, poultry feed, swine feed, aquatic feed, and other livestock. The essential oils & plant extract for livestock market research report is one of a series of new reports from The Business Research Company that provides essential oils & plant extract for livestock market statistics, including essential oils & plant extract for livestock industry global market size, regional shares, competitors with an essential oils & plant extract for livestock market share, detailed essential oils & plant extract for livestock market segments, market trends and opportunities, and any further data you may need to thrive in the essential oils & plant extract for livestock industry. This essential oils & plant extract for livestock market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global essential oils & plant extract for livestock market is expected to grow from $2.78 billion in 2021 to $3.04 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global essential oils & plant extract for livestock market is expected to reach $3.89 billion in 2026 at a CAGR of 6.3%. The surging demand for livestock products is driving the growth of the demand for essential oils & plant extract for the livestock market. An increasing shift in consumption patterns among individuals across the globe, rapid growth in disposable income among individuals in both developed and developing countries; and increasing adoption of livestock products due to their health-related benefits are mutually contributing to increased demand for livestock products across the globe. The rapid growth in demand for livestock products is expected to boost the consumption of essential oil & plant extracts, as livestock producers are increasingly inclined towards organic sources to maintain their herd. For instance, in 2020, according to the Food and Agriculture Organization (FAO), livestock production accounts for 20–24% of agricultural gross domestic product (AGDP) in both developed and developing countries. Over 600 million households worldwide rely on the livestock sector as a primary source of income. Livestock accounts for 34% of protein intake and 18% of dietary energy supplies globally. Therefore, surging demand for livestock products is expected to propel the growth of essential oils & plant extract for the livestock market over the coming years. Technological advancements are a key trend gaining popularity in essential oils & plant extract for the livestock market. Many companies operating in essential oils & plant extract for livestock are developing new products or new technologies to strengthen their position in their market. For instance, in October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. Essential oils are added to the company's Nutrena and Naturewise poultry diets to help raise egg weight and size, improve digestion, and boost immunity. The FlockShield exclusive ingredient also enables the maintenance of a good, healthy stomach, which boosts the immune system. Yeast culture, prebiotics, and probiotics are included to aid with digestion and nutritional absorption. In October 2021, Royal DSM, a Netherlands-based global purpose-led science company, acquired First Choice Ingredients for an enterprise value of US$453 million. With this acquisition, DSM can help First Choice Ingredients grow even faster by selling their products outside the US to DSM's large global customer base and incorporating their solutions into DSM's full offering on taste, texture, and health in sustainable solutions for food and beverage customers. As a result of the acquisition, First Choice Ingredients gains access to DSM's world-class biotechnology toolbox, fermentation technology, and global customer relationships. First Choice Ingredients, a US-based company, is a leading manufacturer of concentrated dairy flavors created by natural fermentation and reaction technologies. Major players in the essential oils & plant extract for livestock market are Kemin Industries, Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Herbavita, Danisco, Manghebati, Laboratoires Phode, Delacon Biotechnik GmbH, Joh. Vogele KG, IDENA SAS, CCPA GROUP, Foreverest Resources Ltd., and Destilaciones Bordas Chinchurreta SA. Asia-Pacific was the largest region in the essential oils & plant extract for livestock market in 2021. The regions covered in the global essential oils & plant extract for livestock market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the essential oils & plant extract for livestock market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global essential oils and plant extract for livestock market is segmented - 1) By Type: Essential Oils, Plant Extracts 2) By Form: Solid/Powder, Liquid 3) By Function: Gut Health, Immunity, Yeild 4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Other Livestocks

The malted wheat flour market consists of sales of malted wheat flour by entities (organizations, sole traders, and partnerships) that refers to flour manufactured from wheat grains that have been thoroughly germinated, cleaned, and processed into flour under controlled conditions. Malted wheat flour is used primarily in bread manufacturing and food applications. The malted wheat flour is used in bread to improve the texture of the soft part. The main types of malted wheat flour are diastatic malted wheat flour and non-diastatic malted wheat flour. Diastatic malted wheat flour refers to a grain that has been sprouted, dried, and pounded into a powder, commonly wheat. Diastatic is used by bread bakers to ensure a high rise, excellent texture, and a nice brown crust. The applications of malted wheat flour include food and beverage, bakery and confectionery, the nutrition industry, and other applications. The malted wheat flour market research report is one of a series of new reports from The Business Research Company that provides malted wheat flour market statistics, including malted wheat flour industry global market size, regional shares, competitors with a malted wheat flour market share, detailed malted wheat flour market segments, market trends and opportunities, and any further data you may need to thrive in the malted wheat flour industry. This malted wheat flour market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global malted wheat flour market is expected to grow from $33.27 billion in 2021 to $35.77 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The global malted wheat flour market is expected to grow to $43.77 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. An increase in consumer spending on bakery and confectionery items is expected to propel the growth of the malted wheat flour market going forward. Bakery refers to flour-based foods baked in an oven, whereas confectionery refers to sugar-based foods and desserts. Malted wheat flour is used primarily in bread manufacturing and other food applications. For instance, according to a study done by The Customer in 2020, household spending on confections, baked goods, and baking supplies was 9% higher when compared to the same period in 2019. Therefore, an increase in consumer spending on bakery and confectionery items is expected to boost demand for malted wheat flour during the forecast period. Product development with new formulations is a key trend gaining popularity in the malted wheat flour market. Major companies operating in the market are introducing new formulations and combinations of ingredients such as dextrose, barley flour, and enzymes to sustain their position in the market. For instance, in February 2021, Malt Products launched Diastatic Malt Flours, which are made from a combination of malted barley flour, wheat flour, and dextrose. Diastatic Malt Flour is a type of malted wheat flour that encourages a strong rise, great texture, and a brown crust in baked goods. It is a sweet, light-coloured powder designed for use in all types of yeast-raised doughs. In November 2019, AXEREAL, France’s largest grain cooperative, acquired Cargill’s malt for an undisclosed amount. This acquisition is a significant step forward in AXEREAL's cooperative's strategic plan. It allows them to diversify their sources of value while also strengthening the group's position in a growing sector. It also helps to strengthen their ties with the financial community. Cargill, a US-based company, is a global food corporation that has businesses in refined oils, food ingredients, grain and oilseeds, cotton, animal nutrition, industrial specialities, and trade structured finance. Major players in the malted wheat flour market are Malteurop Groupe S.A., Crisp Malting Group, Cargill, Inc., King Arthur Flour Company, Munton’s plc, Simpsons Malt Ltd., Imperial Malts Ltd., IREKS Gmb, Archer-Daniels-Midland Company, Viking Malt, Muntons PLC, Malteurop Malting Co., and Graincorp Malt. Western Europe was the largest region in the malted wheat flour market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global malted wheat flour market during the forecast period. The regions covered in the global malted wheat flour market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the malted wheat flour market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global malted wheat flour market is segmented - 1) By Product Type: Diastatic Malted Wheat Flour, Non-Diastatic Malted Wheat Flour 2) By Application: Food And Beverage, Bakery And Confectionery, Nutrition Industry, Other Applications

The malt ingredients market consists of sales of malt ingredients by entities (organizations, sole traders, and partnerships) that refer to the products made of malt, which is a grain, usually barley, that has been dried after being soaked in water until it begins to sprout. Malt ingredients can be solid or liquid in form. Malt ingredients are primarily used to create alcoholic beverages like beer and whisky. The main types of malt ingredients are dry malt, liquid malt, malt flour, and other types. The term "dry malt" refers to a moisture-free wort, which is an aqueous extract from grain that is meant to be fermented into beer by yeast. The raw materials used in the production of malt ingredients include barley, wheat, rye, maize, rice, and oats. They are used in brewing, distilling, cereals, baking, beverages (non-alcoholic), and confectionery applications. The malt ingredients market research report is one of a series of new reports from The Business Research Company that provides malt ingredients market statistics, including malt ingredients industry global market size, regional shares, competitors with malt ingredients market share, detailed malt ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the malt ingredients industry. This malt ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global malt ingredients market is expected to grow from $19.66 billion in 2021 to $20.59 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The global malt ingredients market is expected to reach $24.79 billion in 2026 at a CAGR of 4.7%. The increasing demand for beer is driving the malt ingredients market. Beer is a carbonated, fermented alcoholic drink with less than 5% alcohol concentration that is frequently brewed from malted cereal grains (mainly barley) and flavored with hops. Increased disposable income and consumer preferences are leading to an increase in beer consumption across the globe. The malt ingredients give color, flavor, and foam to the beer, provide the sugars for fermentation, and they contribute to the health aspect of the beer. For instance, in 2021, according to the national beer sales and production data of the Brewers Association, a national organization that represents the interests of small and independent craft brewers in America, the overall sales of beer in the United States increased by 1% in 2021, while sales at craft breweries increased by 8%, bringing their volume share of the market to 13.1%. Therefore, increasing demand for beer is expected to boost demand for malt ingredients during the forecast period. Strategic partnerships and joint ventures are a key trend in the malt ingredients market. Companies are entering into partnerships and collaborating with malt ingredients manufacturers to leverage each other's resources and enter new markets. In October 2019, Puratos Group, a Belgium-based company that provides ingredients to bakers, patissiers, and chocolatiers, entered into a joint venture with Estonian Malt. The joint venture will profit from Puratos' vast network of distribution channels, purchasing power, and services, as well as Estonian Malt's knowledge and experience with malt flours and sprouted grains. Estonian Malt is an Estonia-based rye malt producer.  In October 2019, Axereal, a French-based cooperative that grows and processes grains specifically for the brewing, baking, and cattle industries, acquired Cargill's malt business for an undisclosed amount. Through this acquisition, Cargill's Malt division and its employees would have access to a global footprint and further growth potential. Cargill Inc. is a US-based producer and supplier of agricultural products, including malt ingredients. Major players in the malt ingredients market are Malteurop, Groupe Soufflet, Barmalt, IREKS, Muntons PLC, Simpsons, Axereal, Crisp Malting Group, Rahr Corporation, Boortmalt, Holland Malt, Maltexco, Viking Malt, PureMalt, Cerex, EDME Ltd., and Imperial Malt. Western Europe was the largest region in the malt ingredients market in 2020. The regions covered in the global malt ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the malt ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global malt ingredients market is segmented - 1) By Type: Dry Malt, Liquid Malt, Malt Flour, Other Types 2) By Raw Material: Barley, Wheat, Rye, Maize, Rice, Oat 3) By Application: Brewing, Distilling, Cereals, Bakery, Beverages (Non-Alcoholic), Confectionery

The dried herbs market consists of sales of dried herbs by entities (organizations, sole traders, and partnerships) that refer to washed, sorted, and sun-dried herbs. These herbs are more convenient and less expensive than fresh herbs. These dried herbs are the dried leaves or stem parts of green plants that provide a longer-lasting and savory flavor. Dried herbs are ideal for moist cooking methods such as soups, stews, and braised dishes, where they impart their flavors and aromas. The main forms of dried herbs are whole herbs and powdered herbs. Whole herbs refer to a form of dried herbs, which are generally dried and encapsulated. The various natures of dried herbs include organic and conventional. They are dried by several methods, such as air drying, vacuum drying, and microwave drying. The main products of dried herbs include oregano, rosemary, sage, savoury, mint, thyme, and bay leaves. The dried herbs market research report is one of a series of new reports from The Business Research Company that provides dried herbs market statistics, including dried herbs industry global market size, regional shares, competitors with a dried herbs market share, detailed dried herbs market segments, market trends and opportunities, and any further data you may need to thrive in the dried herbs industry. This dried herbs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global dried herbs market is expected to grow from $5.35 billion in 2021 to $5.75 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The global dried herbs market is expected to reach $7.12 billion in 2026 at a CAGR of 5.5%. The increase in consumption of processed food is expected to propel the growth of the dried herbs market going forward. The rising disposable income due to economic growth has led to an increased demand for processed foods. This consumption habit of processed foods in urban and young populations has entered due to a lack of time for domestic cooking. Processed foods use dried herbs and other ingredients for flavoring or coloring to reduce the cooking times, leading to an increasing demand for dried herbs by food processing companies. For instance, in April 2021, according to a report published by the Ministry of Commerce & Industry, India's export of processed food products increased by 26.51 % during April-February (2020-21) compared to the same period during the previous year. Furthermore, in the first 11 months of the fiscal year (2020-21), exports of miscellaneous processed items such as Indian snacks, sauces, starch products, and vegetable flours increased by 36%. The total value of processed product exports was INR 437,980 million ($5.5 billion). Therefore, increasing consumption of processed food is expected to boost the demand for dried herbs during the forecast period. Strategic partnerships are the key trend gaining popularity in the dried herbs market. Companies operating in the dried herb market are partnering with relevant companies to leverage each other's resources to develop new products and expand their presence into new markets. For instance, In August 2019, Van Drunen Farms, a US-based food manufacturer company, announced their partnership with SouthAm Freeze Dry, where Van Drunen Farms will take a majority stake in SouthAm. The investment in SouthAm gives Van Drunen Farms a significant competitive edge for South and Central American fruits in the food, functional food, and supplement markets, as well as continues SouthAm's innovation in the production of native herbal, fruit, and vegetable ingredients. This collaboration helps both companies to improve their access to global supplies, benefiting their respective consumer bases.  In March 2021, GM Marketing, a UK-based FMCG company, acquired Favourit Food for an undisclosed amount. This deal consists of developing GM Marketing's strategy and future growth plans in the herbs & spices sector and allowing them to invest in creating new job opportunities within the local area. Favourit Food is a UK-based manufacturer of herbs & spices. Major players in the dried herbs market are McCormick & Company, Inc., Döhler, Pacific Botanicals, Mountain Rose Herbs, Van Drunen Farms, British Pepper & Spice Co. Ltd., Synthite Industries Ltd., Catz International, Cherry Valley Organics, Archer Daniels Midland Company, British Pepper & Spice Company, Sorich Organics, Hamps Bio Private Limited, Maduras Herbals, and Avi Naturals. Western Europe was the largest region in the dried herbs market in 2021, and it is expected to be the fastest-growing region in the global dried herbs market during the forecast period. The regions covered in the global dried herbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the dried herbs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global dried herbs market is segmented - 1) By Product Type: Oregano, Rosemary, Sage, Savoury, Mint, Thyme, Bay Leaves 2) By Nature Type: Organic, Conventional 3) By Drying Method Type: Air Drying, Vacuum Drying, Microwave Drying 4) By Form Type: Whole Herbs, Powdered Herbs

The porcine plasma feed market consists of sales of porcine plasma feed by entities (organizations, sole traders, partnerships) that refer to a feed ingredient containing highly digestible proteins, amino acids, and other significant amounts of functional bio-active components such as immunoglobulins, transferrin, growth factors, peptides, and other biologically active ingredients used as the mainstay in pigs' diets. The primary purpose of porcine plasma is to be used as a feed additive in pig food to increase the average growth and maintain pig nutrition. The main types of porcine plasma feed are powder, grain, and other types. The term "powder-based porcine plasma feed" refers to powder-based feed additives used to enhance performance and health. Powder-based porcine plasma feed is hygienically obtained and veterinary-approved animal protein that dissolves very easily and has many excellent functional properties. The porcine plasma feed are used for pet food, aquafeed, and other applications and the end-users include farmers, farming organizations, feed additive companies, and animal feed for pets. The porcine plasma feed market research report is one of a series of new reports from The Business Research Company that provides porcine plasma feed market statistics, including porcine plasma feed industry global market size, regional shares, competitors with a porcine plasma feed market share, detailed porcine plasma feed market segments, market trends and opportunities, and any further data you may need to thrive in the porcine plasma feed industry. This porcine plasma feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global porcine plasma feed market is expected to grow from $1.06 billion in 2021 to $1.13 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The global porcine plasma feed market is expected to grow to $1.46 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. Increasing consumer spending on pet food is the major factor driving the porcine plasma feed market growth. The pet food industry has grown considerably in the last few years due to increasing food and feed adulteration cases. Pet food with essential amino acids helps to develop and grow and provides several other vital nutrients to the pet animals. The addition of such plasma feed additives to the pet's diet provides them with a more accessible digestive system and an improved immune system and metabolism. For instance, in August 2021, according to the European pet food industry, the annual value of pet-related products and services in Spain is EUR 19.7 billion ($20.02 billion). Additionally, in Europe, the annual sales of pet food products increased to 8.5 million tons in 2019, which shows the growth rate of the pet food industry has increased by 2.6% over the past three years. Therefore, increasing consumer spending on pet food is expected to boost demand for porcine plasma feed during the forecast period. Technological innovation is the key trend gaining popularity in the porcine plasma feed market. The market is witnessing the implementation of advanced technological innovations such as spray-dried porcine plasma, an abattoir by-product used in animal nutrition with reported positive effects on livestock. Spray-dried porcine plasma is an ingredient with greater nutritional value, as it provides highly digestible protein with an ideal amino acid profile. This spray-dried animal plasma (AP) is widely used to produce animals' post-weaning diets to improve growth and well-being. Major companies operating in porcine plasma feed are focused on providing such advanced innovation to strengthen their market position. For instance, in February 2021, Diamond V, a US-based manufacturer of natural immune-support postbiotic feed additives, experimented and innovated an old product line into a new product line named Dia-V™, an immune health piglet feed additive used in nursery pig diets. This Dia-V Nursery fermentate feed additive works with the piglet's biology to help maintain immune strength, digestive tissue integrity, and a healthy microbial balance. In May 2022, Darling Ingredients Inc., a United States-based provider of sustainable natural ingredients, acquired Valley Proteins for an undisclosed amount. With this acquisition, Darling Ingredients, Inc. is focused on strengthening its business and providing additional low carbon-intensity feedstocks. Valley Proteins is a United States-based rendering and recycling of animal by-products company that offers animal fats and oils, protein meals, and pet food ingredients. Major players in the porcine plasma feed market are APC Proteins, SARIA A/S GmbH & Co. KG, FASA Group, Lican Food, Puretein Agri LLC, Valley Proteins, Inc., Kraeber & Co Gmbh, Ridley Corporation Limited, West Coast Reduction Ltd., Nutreco, Lihme Protein Solutions, Ekofood, FeedWorks Pty. Ltd., Darling Ingredients Inc., and Engromix. North America was the largest region in the porcine plasma feed market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global porcine plasma feed market during the forecast period. The regions covered in the global porcine plasma feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the porcine plasma feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global porcine plasma feed market is segmented - 1) By Type: Powder, Grain, Other Types 2) By Application: Pet Food, Aquafeed, Other Applications 3) By End-User: Farmers, Farming Organizations, Feed Additive Companies, Animal Feed for Pets

The probiotics in the animal feed market consist of sales of probiotics by entities (organizations, sole traders, and partnerships) that refer to a live microbial feed additive that enhances the intestinal balance of the host animal. Probiotics are widely employed in animal feeding and are regarded as growth and health stimulators. Most probiotics used in animal nutrition are generated commercially and sold in liquid and solid forms.  The main forms of probiotics in animal feed are dry and liquid. The dry probiotics are used in the animal feed in the form of dried powder form, tablets, and capsules. Dry probiotics come in a variety of shapes and sizes and are made using a freeze-drying method. The various sources of probiotics in animal feed include bacteria, yeast, and fungi. They are used in the feed of cattle, poultry, swine, aquaculture, and other applications. The probiotics in animal feed market research report is one of a series of new reports from The Business Research Company that provides probiotics in animal feed market statistics, including probiotics in animal feed industry global market size, regional shares, competitors with probiotics in animal feed market share, detailed probiotics in animal feed market segments, market trends and opportunities, and any further data you may need to thrive in the probiotics in animal feed industry. This probiotics in animal feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global probiotics in the animal feed market is expected to grow from $3.86 billion in 2021 to $4.23 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The global probiotics in the animal feed market is expected to reach $5.66 billion in 2026 at a CAGR of 7.5%. The growing demand for eggs and poultry meat contributes to the growth of probiotics in the animal feed market. The demand for eggs and poultry meat is increasing because of the rise in population, greater purchasing power, and urbanization. Moreover, increasing awareness about the nutrients and protein from eggs and meat is contributing towards their demand. Probiotics are used as an additive in the poultry feed, which keeps the poultry farm animals disease-free and boosts their immunity to produce more eggs and meat. For instance, in 2020, according to the Food and Agricultural Organisation of the United Nations, the global production of poultry meat increased from 9 to 133 million tonnes, and egg production increased from 15 to 93 million tonnes between 1961 and 2020. Poultry meat accounted for 40% of the total meat produced worldwide in 2020. Egg production has increased by 150% in the last three decades. Thus, increased demand for eggs and poultry meat is expected to boost the demand for probiotics in animal feed during the forecast period. Partnerships and collaborations are key trend gaining popularity in probiotics in the animal feed market. The companies operating in the probiotics in the animal feed market are focusing on establishing partnerships with relevant technology companies to expand their product development activities and enhance their market reach. For instance, in September 2020, Proteon Pharmaceuticals, a Poland-based biotechnology company, partnered with DuPont Animal Nutrition. The partnership aims to use DuPont's reputable and trusted brand to help poultry producers, in particular nations access Proteon's bacteriophage technology. In addition to improving Proteon's distribution capabilities and strengthening DuPont's product line, the partnership will help further reduce antimicrobial resistance (AMR) in farm animals. DuPont Animal Nutrition is a biotechnology research company that produces a wide range of feed enzymes, betaine, phytogenics, and probiotics. In January 2021, Novozymes, a Denmark-based biotechnology company specializing in research, development, and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients, acquired Microbiome Labs for $125 million. Through this acquisition, Novozymes will focus on probiotics for human use as a growth area. It offers the chance to advance our work in human health, expand its portfolio, and cement its leadership in the North American probiotics market. Microbiome Labs is an Illinois-based company that focuses on providing probiotic bacteriotherapy. Major players in the probiotics in animal feed market are Chr. Hansen, Koninklijke DSM N.V., DuPont, Evonik Industries, Land O'Lakes, Calpis Co., Ltd., Ohly, Lesaffre, Alltech, Novozymes, Unique Biotech, Archer Daniels Midland Company (ADM), Advance Aqua Bio Technologies, Danisco A/S, and Kerry Group. Asia-Pacific was the largest region in the probiotics in animal feed market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global probiotics market in the animal feed market during the forecast period. The regions covered in the probiotics in animal feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the probiotics in animal feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global probiotics in animal feed market is segmented - 1) By Form Type: Dry, Liquid 2) By Source Type: Bacteria, Yeast and Fungi 3) By Application Type: Cattle, Poultry, Swine, Aquaculture, Other Applications

The high-speed oven market consists of the sales of high-speed ovens by entities (organizations, partnerships, and sole proprietors) that refer to commercial cooking equipment that combines multiple food preparation methods to cook the food much faster than traditional convection ovens or grills. These high-speed ovens are designed to turn fast food into a gourmet experience for customers while delivering food quickly and consistently. The main types of high-speed ovens include built-in and countertop. Built-in high-speed ovens refer to high-speed ovens installed into kitchen units or fixed to cupboard doors. The installation of the high-speed oven can be integrated into a base or tall cabinet of varying heights. These products are sold through hypermarkets, supermarkets, specialty stores, and online channels. The wattage variance in high-speed ovens include 1000 - 1250 Watts, 1250 - 1500 Watts, 1500 - 1750 Watts, 1750 - 2000 Watts, 2000 - 2250 Watts, 2250 - 4500 Watts, 4500 - 6000 Watts, and above 6000 Watts. The end-user of high-speed oven include residential and commercial. The high-speed oven market research report is one of a series of new reports from The Business Research Company that provides high-speed oven market statistics, including high-speed oven industry global market size, regional shares, competitors with a high-speed oven market share, detailed high-speed oven market segments, market trends and opportunities, and any further data you may need to thrive in the high-speed oven industry. This high-speed oven market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global high-speed oven market size is expected to grow from $3.28 billion in 2021 to $3.56 billion in 2022 at a compound annual growth rate (CAGR) of 8.73%. The global high-speed oven market size is expected to grow to $4.66 billion in 2026 at a compound annual growth rate (CAGR) of 6.94%. The increased exposure of hotels, restaurants, and cafes has been a major driving factor for the high-speed oven market. Hotel F&B venues and their designers are being compelled to adapt and engage customers with concepts that highlight both convenience and experience as food delivery consumption habits develop and buying a restaurant-quality meal for delivery becomes easier than ever. According to HGEM, two-thirds of hotel guests have used delivery apps such as Deliveroo, JustEat, GrubHub, and others to get food directly to their room, with 71% of guests aged 26–35 preferring delivery apps to in-house restaurants. In the future years, the trend of people ordering into hotels is expected to increase by 83%. Hence, the greatest challenge of any food aggregator in the F&B industry, in order to derive the best possible operational efficiency, would be to reduce delivery and service time through technologically advanced equipment such as high-speed ovens. Therefore, the increased exposure of hotels, restaurants, and cafes is expected to boost demand for high-speed ovens during the forecast period. An increasing number of hotels and restaurants is driving the high-speed oven market. Rapid economic growth in emerging economies, increasing government expenditure towards the promotion of the tourism industry, and increasing consumer interest in convenience food are contributing to the growth in the establishment of new hotels and restaurants across the globe. The rapid growth in the number of hotels and restaurants is expected to boost demand for high-speed ovens, as news organizations are investing in advanced commercial cooking equipment to decrease the cooking time and increase customer experience. According to the study published by Condor Ferries Ltd., the hotel industry accounted for more than 700,000 hotels across the globe and also accounted for $3.41 trillion in the global economy. Therefore, the rapid growth in the number of hotels and restaurants is expected to boost demand for high-speed ovens during the forecast period. Technological advancements are a key trend gaining popularity in the high-speed oven market. Many companies operating in high-speed ovens are developing new products or new technologies to meet end-customer demand and strengthen their market position. For instance, in 2020, Alto-Shaam, a USA-based provider of commercial kitchen equipment, announced new designs and advanced user-friendly controls for its original Cook & Hold Ovens with Halo Heat® technology. The new ovens are simple to use, with one-touch cooking. They have Alto-most Shaam's advanced control yet and are extremely easy to use, requiring little or no operator training. Major players in the high-speed oven market are General Electric Company, Sharp Corporation, Electrolux AB, Siemens AG, Bosch, Whirlpool Corporation, Merrychef, Miele, ACP Solutions, Alto-Shaam, TurboChef Technologies, Viking Range, SMEG S.p.A., The Middleby Corp, and Cookkart. North America was the largest region in the high-speed oven market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global high-speed oven market during the forecast period. The regions covered in the global high-speed oven market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the high-speed oven market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global high speed oven market is segmented - 1) By Type: Built In, Countertop 2) By Wattage: 1000 - 1250 Watts, 1250 - 1500 Watts, 1500 - 1750 Watts, 1750 - 2000 Watts, 2000 - 2250 Watts, 2250 - 4500 Watts, 4500 - 6000 Watts, Above 6000 Watts 3) By Sales Channel: Hypermarket/Supermarket, Specialty Stores, Online Channels 4) By End User: Residential, Commercial