Tag: Animal Feed

Natural Zeolites Market Size Worth $8.01 Billion By 2025

The global natural zeolites market size is expected to reach USD 8.01 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 2.7% over the forecast period. Increasing investments in development of new infrastructure in the global construction industry are expected to propel the product demand. The usage of natural zeolites is prominent in construction materials owing to their hygroscopic qualities and the ability to balance pH. Natural zeolites are pozzolanic materials, which are used to enhance strength of the structure.

The construction industry is witnessing considerable growth not only in emerging economies but also in developed countries such as the U.S. In 2017, construction spending in U.S. was 4.5% higher than in 2016. The growth of global construction industry has led to the increased use of cement. Cement manufacturing is a major contributor to greenhouse gas emissions, and thus, natural zeolites are used in construction materials as a partial replacement for cement.

Soil remediation and water treatment applications are expected to augment growth of the natural zeolites market. Soil contamination is a major concern in the European and Asian countries. According to the European Environment Agency, Europe had approximately 2.5 million potentially contaminated land sites in 2014. Similarly, almost one-fifth of the land in China is rich in cadmium. In 2013, it was reported that rice grown in Hunan province of China was contaminated with cadmium. Also, 44% of rice samples were found to be contaminated with cadmium in Guangzhou. Owing to the increasing soil contamination, materials such as natural zeolites, are being used in soil amendment applications to improve the overall health and quality of soil and the crops.

China has been a major producer and consumer of natural zeolites on a global scale since many years. Their usage is prominent in China owing to an increase in the demand for construction materials and the requirement for soil amendment products. China is the largest cement producer in the world and has been witnessing high use of natural zeolites such as Pozzolan cement.

The growth of the natural zeolites market is affected by presence of substitutes. Both minerals and non-minerals are a threat to the market in major applications including construction materials, water treatment, and soil amendment. For example, activated carbon in water treatment and bentonite clay in soil amendment can hinder demand. Major players in the global market are increasing their production capacities by establishing new plants; joint ventures; and through acquisitions to increase their customer reach in the international markets.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/natural-zeolites-market

Further key findings from the study suggest:

  • Construction materials is anticipated to remain the largest segment throughout the forecast period, in terms of revenue, on account of benefits such as improved strength and durability of structures obtained due to the use of natural zeolites
  • The soil remediation segment is anticipated to expand at a CAGR of 3.4% in terms of value over the forecast period due to increasing land contamination
  • In terms of volume, animal feed accounted for a share of 14.3% in 2017, owing to the increasing animal feed production in North America and South America
  • Asia Pacific is anticipated to be the leading region in the market throughout the forecast horizon, owing to rapid infrastructural developments
  • Some of the key companies operating in the natural zeolites market are KMI Zeolite, Zeocem a.s., United States Antimony Corporation, and Zeotech Corporation. They are attempting to increase their consumer base, for instance, in December 2017, Canadian Zeolite Corp. acquired Earth Innovations Inc., which has an established distribution network in Canada.

Natural Zeolites Market Size Worth $8.01 Billion By 2025

The global natural zeolites market size is expected to reach USD 8.01 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 2.7% over the forecast period. Increasing investments in development of new infrastructure in the global construction industry are expected to propel the product demand. The usage of natural zeolites is prominent in construction materials owing to their hygroscopic qualities and the ability to balance pH. Natural zeolites are pozzolanic materials, which are used to enhance strength of the structure.

The construction industry is witnessing considerable growth not only in emerging economies but also in developed countries such as the U.S. In 2017, construction spending in U.S. was 4.5% higher than in 2016. The growth of global construction industry has led to the increased use of cement. Cement manufacturing is a major contributor to greenhouse gas emissions, and thus, natural zeolites are used in construction materials as a partial replacement for cement.

Soil remediation and water treatment applications are expected to augment growth of the natural zeolites market. Soil contamination is a major concern in the European and Asian countries. According to the European Environment Agency, Europe had approximately 2.5 million potentially contaminated land sites in 2014. Similarly, almost one-fifth of the land in China is rich in cadmium. In 2013, it was reported that rice grown in Hunan province of China was contaminated with cadmium. Also, 44% of rice samples were found to be contaminated with cadmium in Guangzhou. Owing to the increasing soil contamination, materials such as natural zeolites, are being used in soil amendment applications to improve the overall health and quality of soil and the crops.

China has been a major producer and consumer of natural zeolites on a global scale since many years. Their usage is prominent in China owing to an increase in the demand for construction materials and the requirement for soil amendment products. China is the largest cement producer in the world and has been witnessing high use of natural zeolites such as Pozzolan cement.

The growth of the natural zeolites market is affected by presence of substitutes. Both minerals and non-minerals are a threat to the market in major applications including construction materials, water treatment, and soil amendment. For example, activated carbon in water treatment and bentonite clay in soil amendment can hinder demand. Major players in the global market are increasing their production capacities by establishing new plants; joint ventures; and through acquisitions to increase their customer reach in the international markets.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/natural-zeolites-market

Further key findings from the report suggest:

  • Construction materials is anticipated to remain the largest segment throughout the forecast period, in terms of revenue, on account of benefits such as improved strength and durability of structures obtained due to the use of natural zeolites
  • The soil remediation segment is anticipated to expand at a CAGR of 3.4% in terms of value over the forecast period due to increasing land contamination
  • In terms of volume, animal feed accounted for a share of 14.3% in 2017, owing to the increasing animal feed production in North America and South America
  • Asia Pacific is anticipated to be the leading region in the market throughout the forecast horizon, owing to rapid infrastructural developments
  • Some of the key companies operating in the natural zeolites market are KMI Zeolite, Zeocem a.s., United States Antimony Corporation, and Zeotech Corporation. They are attempting to increase their consumer base, for instance, in December 2017, Canadian Zeolite Corp. acquired Earth Innovations Inc., which has an established distribution network in Canada.

Aqua Feed Additives Market Worth $2.5 Billion By 2025

The global aquafeed additives market size is expected to reach USD 2.5 billion by 2025, progressing at a CAGR of 3.2% over the forecast period, as per a new report by Grand View Research, Inc. Initiatives, such as Made in China by the government of China and Make in India by the government of India, are mainly beneficial for manufacturing sector and anticipated to boost the production of aquafeed in the domestic market. This is in turn anticipated to drive the demand for aquafeed additives.

In 2018, China emerged as the prominent producer of aquatic feed additives and importer of barley, fishmeal, rapeseed, soybeans, and sorghum, which are extensively utilized in producing aquafeed additives. In addition, increasing consumption of salmon, catfish, and crustaceans in food sector in Asia Pacific is anticipated to drive the demand for feed for these species. In February 2019, Olmix Group launched its Searup and Algimun from the Olmix’s Immunity range to establish a successful market presence, which is also likely to drive the growth of aqua feed additives market in the near future.

The requirement of nutrients varies with the diet and the life stage of animals. Addition of insect meal in the diet of fish helps improve their immune system as well as promote performance. Hence, several feed manufacturers are focusing on the production of insect meal. Increasing preference toward natural feed and organic feed products among aquafeed manufacturers is an evolving trend, which is anticipated to drive the use of plant-based feed additives.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/aquafeed-additives-market

Further key findings from the report suggest:

  • Asia Pacific held the largest market revenue share in 2018 and is projected to ascend at the highest CAGR of 3.7% over the forecast period
  • In 2018, China emerged as the prominent producer of aquafeed additives and importer of barley, fishmeal, rapeseed, soybeans, and sorghum, which are extensively utilized in producing aquafeed additives
  • About 80% of the producers of aquafeed additives sell their products directly to fish farmers or feed manufacturers either on credit or in cash and the remaining 20% producers sell their products through intermediaries such as traders
  • Aquafeed additives, such as antiparasites, feed acidifiers, and palatants, are preferred while preparing aquafeed as they assist in diminishing bacteria present in the feed, enhance quality of the feed, and minimize the risk of diseases in fish
  • High fluctuations in raw material prices coupled with moderate prices of aquafeed owing to rising competition among manufacturers are anticipated to restrict the growth of the market.

Dolomite Mining Market Size Worth $2.33 Billion By 2027

The global dolomite mining market size is projected to reach USD 2.33 billion by 2027, expanding at a CAGR of 3.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising government and private spending in development of transport infrastructure in emerging economies of Asia Pacific is the major factor driving the industry.

Dolomitic rock, also known as dolostone, is sized and crushed before its use as a base material construction of road. It is also used in cement manufacturing. Furthermore, it is used in the steel industry as a fluxing material or as a refractory raw material. Besides the aforementioned applications, the product is used in many other applications, including ceramics and glass, paper, and animal feed.

Technological advancements in mining, coupled with increasing logistical efficiency, have played a key role in facilitating increasing profit margins for miners. This is expected to positively impact the market growth over the coming years. The COVID-19 pandemic is predicted to negatively affect the industry growth in short term owing to restricted demand caused by halt in construction activities.

North America dominated the market in 2019. Asia Pacific is estimated to expand at the fastest CAGR from 2020 to 2027. U.S. leads the globe in terms of dolomite production. Furthermore, in U.S., dolomite is among the most preferred construction aggregate materials. In Asia Pacific, China and India are likely to be the most lucrative destinations for industry growth owing to improving transport infrastructure.

Furthermore, high processing time required for obtaining mining license is expected to be a key challenge for industry players over the foreseeable future. Environmental concerns associated with the mining activities and necessity to comply with government regulations incur additional costs to the industry players. These are the key factors that restrict the entry of new players in the industry.

The global dolomite mining industry is composed of few international players as well as a large number of local players catering the regional pockets. For instance, according to the United States Geological Survey, U.S. alone produces dolomite with more than 1,000 companies from approximately more than 3,740 operations with roughly 3,700 quarries and 370 sales and distribution sites.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dolomite-mining-market

Further key findings from the study suggest:

  • By application, the construction segment dominated the market with a revenue share of 87.7% in 2019 owing to increasing usage of the product as a construction aggregate
  • The steel application segment is estimated to expand at a CAGR of 4.3%, in terms of revenue, from 2020 to 2027 owing to rising steel production in Asia Pacific
  • Asia Pacific is projected to be the fastest growing regional market with a CAGR of 4.9%, in terms of revenue, from 2020 to 2027 due to developing transport infrastructure in the region
  • North America dominated the market with a revenue share of 42.2% in 2019. U.S. accounted for the largest share in the region owing to its already established mining base and availability of reserves
  • Almost 99% of the dolomite mined in U.S. is consumed domestically mainly for construction application.

Pea Flakes Market Size Worth $3.4 Billion By 2025

The global pea flakes market size is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.6% over the forecast period. Growing awareness regarding health benefits offered and rise in incorporation of pea flakes as a staple food are expected to remain a key driving factor. Furthermore, increasing application of yellow and green pea flakes as an animal feed and aqua feed is fueling the demand for these products.

North America dominated the market in 2018 with a revenue of USD 629.3 million. This region is expected to witness significant growth due to growing awareness regarding the high nutritional content of the product and rising health issues like obesity and high blood pressure. Furthermore, strong brand goodwill and foothold of one of the major industry players, Garden Valley Foods is generating demand through their well-established distributor networks in U.S.

Asia pacific is anticipated to witness significant growth in the coming years. This growth is attributed to growing health awareness and rapidly increasing population in the countries including China and India. Rising incorporation of pea flakes in soups, salads, and other food products is a key factor expanding the scope of the global market in above-mentioned countries.

Yellow pea flakes led the market and accounted for 53.1% share of the overall revenue in 2018 owing to their high vitamin, mineral, and protein content, coupled with increasing inclination of consumers towards these products. Green pea flakes is the fastest growing segment in the market since it is easy to digest, rich in fiber, and natural source of protein. Growing application of pea flakes in aqua feed is drawing more demand for these products.

The food processing application segment accounted for the largest market share in 2018 due to superior health benefits of the product and high acceptance among the fitness oriented population. Usage of these products in animal feed is increasing in order to fulfill nutritional deficiencies.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pea-flakes-market

Further key findings from the report suggest:

  • The global pea flakes market is projected to generate a revenue of USD 3.4 billion by 2025
  • By application, animal feed held a share of 25.3% of the overall revenue for the year, 2018
  • Europe is expected to account for 25.9% share of global revenue by 2025
  • Key players operating in this market include Garden Valley Foods; Gemef Industries (Sotexpro); PE Levona; JR Farm; BP Milling; Dumoulin S.A.; Green Foods LLP; and Inland Empire Foods Inc.

Phosphate Rock Market Worth $39.3 Billion By 2025

The global phosphate rock market size is anticipated to reach USD 39.3 billion by 2025, denoting a CAGR of 7.1% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by the increasing use of fertilizers in the agriculture industry to enhance plant growth.

In the agriculture sector, phosphate rock is used in the form of phosphorus-based fertilizers. Fertilizers are sprayed on agricultural and arable land to provide soil nutrients essential for healthy plant growth. The growing global population has facilitated the use of fertilizers to increase the efficiency of crop production to supply sufficient food products. This is likely to increase the utilization of the product over the coming years.

Changing consumer food preferences, such as increasing consumption of packaged & processed food and meat products, are likely to fuel the demand for phosphate rock. It is used as an additive in processed food and as a feed phosphate in animal feed industry. Feed phosphates ensure healthy livestock as they help improve digestion and bone strength of animals.

Phosphorous is used as a preservative in packaged food & beverages. Rising disposable income and increasing working population are likely to drive the demand for packaged food products. Consumers opt for packaged food & beverages such as yogurt, buttermilk, and salads owing to their hectic routine schedule. This is projected to fuel the utilization of the product over the forecast period.

Major players in the market such as Itafos, Nutrien Ltd., and The Mosaic Company are adopting acquisition as the major strategy to enhance their technological capabilities, expand their businesses at the global level, and widen the product portfolios. For instance, The Mosaic Company, in August 2018, acquired Vale Fertilizantes, a fertilizer company in Brazil, for USD 2.5 billion to improve its business and enhance its presence in the Brazilian agriculture sector.

In February 2018, Itafos acquired all issued and outstanding common shares of GB Minerals Ltd., a mining, exploration, and development company. Itafos owns 31.3% interest in GB Minerals Ltd., which makes the latter an indirect wholly-owned subsidiary of the former. The acquisition has also enabled Itafos own Farim Phosphate Project, previously owned by GB Minerals.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/phosphate-rock-market

Further key findings from the report suggest:

  • The fertilizers application segment is anticipated to register a CAGR of 5.2%, in terms of volume, over the forecast period
  • The phosphate rock market in North America is expected to progress at a low CAGR of 2.8%, in terms of volume, from 2019 to 2025 owing to the increasing consumption of meat
  • The Middle East & Africa is expected to witness a CAGR of 4.0%, in terms of revenue, due to high phosphate fertilizer exports from the region
  • Major players are adopting strategies such as acquisitions to increase their production capacities and to cater to the growing demand for phosphate rock.