Animal Feed Organic Trace Minerals Market Estimated To Target Emerging Industries by 2025

The global animal feed organic trace minerals market size is expected to reach USD 880.2 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.4% during the forecast period. Increasing R&D investments by manufacturers like Alltech and Archer Daniels Midland Co. to reduce the manufacturing cost and to expand the product application is estimated to boost overall growth.

Minerals used in traces perform specific functions in different animals. For instance, zinc helps the formation of eggshell and eggshell membrane in poultry. Manganese helps in synthesis of fatty acids and cholesterol and formation of melanin in poultry, while copper helps hatchability and fertility of eggs.

However, regulations regarding restricting the use of zinc and copper in animal feed have resulted in promoting the use of these minerals in combination with amino acids, further estimated to fuel overall market growth. Asia Pacific is estimated to account for the largest market share in 2025 owing to growth of meat industry and high demand from countries such as China and India.

However, Europe and North America are also expected to have a positive impact on growth of the animal feed organic trace minerals market. As per the International Feed Industry Federation (IFIF), commercial production of feed takes place in over 130 countries and produces a maximum annual turnover every year. Emerging animal feed industry is estimated to play a major role in the market growth over the forecast period.

Access Research Report Of Animal Feed Organic Trace Minerals Market https://www.grandviewresearch.com/industry-analysis/animal-feed-organic-trace-minerals-industry

Further key findings from the report suggest:

·       Zinc accounted for 35.60% of total market share in U.S. in 2018 and is estimated to expand at a healthy CAGR over the forecast period owing to its properties to improve the immunity of animals

·       Iron is the second largest product segment and is estimated to expand at a CAGR of 7.8% in the forthcoming years to come owing to rising awareness regarding imbalance in tissue metabolism caused due to iron deficiency

·       Poultry sector is estimated to expand at a healthy CAGR over the forecast period owing to rising demand for animal protein sources and technological developments for better vaccinations to animals

·       Pork segment is estimated to expand at a CAGR of 7.4% during the projected period owing to rising demand for high-quality pork, growth in consumption, and the product being a rich source of protein

·       Alltech; Cargill Inc.; Biochem; and Archer Daniels Midland Co. are some of the major manufacturers operating in the animal feed organic trace minerals market. These companies, through strategic initiatives such as expansions, investments, and partnerships, try to expand their market share and global presence

Grand View Research has segmented the animal feed organic trace minerals market on the basis of product, application, and region:

Animal Feed Organic Trace Minerals Product Outlook (Revenue, USD Thousand, 2014 - 2025)

·         Zinc

·         Iron

·         Copper

·         Selenium

·         Others (Manganese and Cobalt)

Animal Feed Organic Trace Minerals Application Outlook (Revenue, USD Thousand, 2014 - 2025)

·         Dairy Cattle

·         Poultry

·         Horses

·         Pigs

·         Others (Aqua Food and Pet Food)

Animal Feed Organic Trace Minerals Regional Outlook (Revenue, USD Billion, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

o    France

o    Spain

o    Italy

·         Asia Pacific

o    China

o    India

o    Japan

o    Australia

o    Indonesia

o    Vietnam

·         Central & South America

o    Brazil

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Levulinic acid market to Register Steadfast CAGR of 5.7% in Terms of Value from 2014 to 2020

Global levulinic acid market demand was 2,606.2 tons in 2013 and is projected to be 3,820 tons by 2020. The increasing application of levulinic acid, especially in pesticides, solvents, pharmaceuticals, and cosmetics industries are anticipated to boost growth in the coming years.

Over the past few years, the chemical industry has continually been striving towards attaining a sustainable growth, with a focus on the development of renewable biotechnological and bio-based products. The production technology for bio-based levulinic acid has been simplified by dehydration of biomass or carbohydrates with acid. Levulinic acid is being increasingly used as a substitute to its synthetic counterparts in industrial usage.

The global levulinic acid market is anticipated to reach USD 19.65 million revenue, with a growing CAGR of 4.8% by 2020. Increasing usage of the acid in niche applications including plastics, nylons and rubbers are expected to drive demand in the coming years. Increasing R&D expenditure, mainly to diminish production costs of levulinic acid to competitive levels is a critical factor for market players.

Access Research Report of Levulinic acid market @ http://www.grandviewresearch.com/industry-analysis/levulinic-acid-market

Agriculture and pharmaceutical together accounted for over 66% of the overall volume in 2013. Demand for levulinic acid in the agricultural sector and its related applications is expected to grow at a CAGR of 6%, whereas the market is anticipated to grow at 5.4% CAGR from 2014 to 2020 in the pharmaceutical sector.

Apart from these applications, levulinic acid is also moderately used in the production of cigarettes to enhance delivery of nicotine in smoke, making it more receptive to neurons. Methyltetrahydrofuran (MTHF), a critical component of levulinic acid acts as a fuel additive. MTHF is commercially used in automotive segments as fuel extenders and is projected to have a potential demand of 20,000 kilo tons by 2020.

North America dominated the levulinic acid market contributing to more than 41% of the overall demand in 2013. Levulinic acid demand in the region is anticipated to be 1,598.3 tons by 2020, growing at a CAGR of 5.6% over the forecast period, owing to the presence of the prominent application players in the region.

Europe and Asia Pacific are emerging markets for levulinic acid. China, being one the major suppliers, manufactures, and sells the product at a relatively lower price to companies present in the U.S. and Europe which produce downstream products of the chemical. Europe, being the second largest consumer, accounted for 31% of the overall market volume in 2013.

Major market players include Segetis, Biofine, and DuPont. China has large an unorganized manufacturing base with major suppliers being Ouyi Pharmaceutical Co Ltd. and Shijiazhuang Pharmaceutical Group. Biofine has been one of the prominent manufacturers in the industry, with a key focus on MTHF and DALA applications.

Grand View Research has segmented the global levulinic acid market on the basis of application and region:

Levulinic Acid Application Outlook

·         Pharmaceuticals

·         Agriculture (Organic potassium fertililizer DALA, 2--Methylindole-3-acetic acid)

·         Food Additives

·         Cosmetics

Levulinic Acid Regional Outlook

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World

Bio-based Levulinic Acid Potential Downstream Platform Outlook

·         Methyltetrahydrofuran (MTHF)

·         Delta aminolevulinic acid (DALA)

·         Diphenolic Acid

·         Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Craft Beer Market to Witness Soaring Growth During the Forecast Period

The Report Craft Beer Market Analysis By Distribution (On-trade, Off-trade), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), By Country (U.S., Germany, Australia, Japan), And Segment Forecasts, 2018 - 2025

The global craft beer market is expected to reach USD 502.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer.

The government in countries including Australia, New Zealand, Belgium, Mexico, China, and the UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation coupled with the willingness of the consumer to pay extra for better tasting brews.

Australia, Belgium, Germany, U.S. and New Zealand are the major craft beer producing countries with over 65% of the overall production in terms of value as well as volume. Belgian is the most preferred beer among the major craft beer consuming countries owing to the premium quality, clean taste and rich flavor & aroma of the brews.

Furthermore, the number of brewers in the global market is growing significantly on account of the rising demand for the product. As a result, the demand for grains such as barley, wheat, yeast, sugar, and hops is increasing substantially. However, the alternative applications of the raw materials are expected to lower the bargaining power of the brewers.

The demand for the pale ale, IPA, and amber ale is growing as these three craft products are widely preferred by the consumers owing to the balanced composition of the raw materials in the product including malt, hops, water, and yeast.

Access Research Report of Craft Beer Market@ www.grandviewresearch.com/industry-analysis/craft-beer-market

Further key findings from the report suggest:

·       On-trade distribution of craft beer accounted for over 50% in 2015 of the overall volume share, which is primarily attributed to the high consumption of the product in restaurants, bars, and clubs in developed economies including UK, Australia, and Belgium.

·       Off-trade distribution of the product is expected to witness significant growth in developing economies as the consumer spending power in these countries is low with high price of the product in on-trade distribution outlets as compared to its counterpart

·       Europe is expected to account for the largest market share in terms of volume owing to the high consumer preference for flavored beer over other alcoholic spirits. In addition, increasing demand for IPA and pale ale in the region is expected to have a positive impact on the market growth.

·       Middle East & Africa is expected to grow at a CAGR of 28.9% owing to the increasing penetration in South Africa. The growing consumer awareness about the wide range of flavors and styles of the product is expected to be a crucial factor for market growth in the country.

·       Key players in the industry include The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co. and Chimay Beers and Cheeses. These major players compete on the basis of acquiring new markets and increasing their product portfolio.

Grand View Research has segmented the craft beer market on the basis of distribution and region:

Craft Beer Market Distribution Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

·         On-trade

·         Off-trade

Craft Beer Market Region Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Aloe Vera Extract Market Expected to Collect USD 2.67 Billion by the End of 2025

The global aloe vera extract market size is expected to reach USD 2.67 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Rising importance of herbal extracts owing to their potential benefits in preventing various health disorders is driving the product demand. Moreover, shifting consumer preference for natural and organic products over chemical-based products is expected fuel the demand further.

Juice/liquid product segment held the largest share in the global market in 2018 due to increased consumption of juice for the treatment of obesity and diabetes in countries, such as India and China. Gel segment is witnessing a significant growth due to rising demand for gel-based products, such as soaps, shampoos, and moisturizers. Online distribution channel segment is expected to witness the fastest growth over the forecast period. In Europe, around 50% of cosmetic manufacturers have their own online distribution channel.

Various small-scale organic product manufacturers sell their products through their own websites. These factors are driving the segment growth. Moreover, increasing penetration of smartphones coupled with the digitalization has increased the scope of online channels. In the European market, Germany account for the highest share of this segment. Asia Pacific led the global market accounting for 30.6% of the overall market share. The region is expected to maintain its dominance over the forecast period owing to increasing demand for herbal cosmetics in the region.

China held the major share of Asia Pacific market in 2018 and is likely to expand further at a CAGR of 8.9% from 2019 to 2025. Aloe Vera juice is used for the treatment of diabetes, cancer, and obesity. Increasing prevalence of diabetes in the country is expected provide growth opportunity for the market over the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/aloe-vera-extracts-market

Further key findings from the study suggest:

·       Product demand in North America is anticipated to grow at a CAGR of 8.7% over the forecast period owing to rising consumer preference for natural products over synthetic or chemical-based goods

·       China led the Asia Pacific aloe Vera extract market on account of higher population and demand for herbal products and is expected to witness the fastest growth over the forecast period

·       Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of crucial product brands, and significant investments in R&D

·       Some of the major companies in the market are Terry Laboratories, Inc.; Cady products LLC.; Pokonobe Inc.; Lily of the Desert; Aloe Farms, Inc.; Houssy Global; Aloecorp, Inc.; Natural Aloe Costa Rica S.A.; Foodchem International Corporation; and Pharmachem Laboratories, Inc.; Aloe Laboratories, Inc.; and Organic Aloeceuticals

Grand View Research has segmented the global aloe Vera extract market on the basis of product, application, distribution channel, and region:

Aloe Vera Extract Product Outlook (Revenue, USD Million, 2015 - 2025)

·         Capsule or Tablet

·         Powder

·         Liquid

·         Gels

Aloe Vera Extract Application Outlook (Revenue, USD Million, 2015 - 2025)

·         Food

·         Pharmaceuticals

·         Cosmetics

Aloe Vera Extract Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

·         Offline

·         Online

Aloe Vera Extract Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.