Chemical Planet

Rise in food consumption and increased manufacturing of biodiesel will drive market growth. The U.S. and Mexico Yeast Market is expected to reach USD 2.2 billion by 2022 at a 7.8% CAGR, according to a new report by Grand View Research, Inc. The U.S. and Mexico market is expected to grow rapidly owing to rise in demand from the food and beverage industry. Rise in consumption of processed food by millennials is likely to augment industry growth. On account of rising health awareness, consumption of food products comprising natural ingredients is expected to increase rapidly. In addition, rise in number of local breweries and traditional bakery stores is expected to propel demand. Major industry participants have heavily invested in R&D to develop new products and increase the application of yeast in bakery products. High R&D expenditure, innovation in manufacturing, and increased focus of companies on maintaining and strengthening relations with end-use industries

Rising trend of pet adoption is expected to be a major driving factor over the coming years. The Global Pet Food Market size is projected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc., exhibiting a 4.3% CAGR during the forecast period. Increasing number of nuclear families in emerging economies of Asia Pacific, particularly India, China, Vietnam, and Indonesia, has resulted in the growing trend of pet adoption and this is expected to drive market growth over the forecast period. Rising need for nutritious, healthy, and organic pet food on account of increasing awareness regarding animal health is expected to augment market demand. Increasing life expectancy across the globe has led to older generation adopting pets to guide them through routine chores; this is expected to fuel pet food demand over the forecast period. Innovation in specialty, premium, and gourmet pet food products and packaging techniques is expected to propel

Growing concerns regarding livestock health and nutrition are expected to be a key factor driving demand for essential oils and plant extracts in livestock feed additives. The Global Essential Oils & Plant Extracts for Livestock Market size is expected to reach USD 3.31 billion by 2025 at a 6.4% CAGR over the forecast period, according to a new report by Grand View Research, Inc. Essential oils are volatile organic compounds (VOC) with a delicate balance of beneficial vitamins, minerals, and other components. Immunomodulation potential of various essential oils, along with their anti-inflammatory properties, are expected to drive their demand in the livestock sector over the forecast period. Botanical extracts and herbs are gaining preference as animal feed additives owing to a reduction in the use of antibiotic growth promoters and ban on dietary antimicrobial agents. Plant extracts and phytochemicals influence food consumption patterns, total feed intake, and secre

Growing demand for by-products in animal feed is likely to augment market size. The Global Brewer’s Yeast Market size is expected to reach USD 5.22 billion by 2025 at an 8.0% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for feed supplements is anticipated to exhibit high growth over the coming years, on account of increasing awareness regarding proper animal nutrition and feed supplements. Use of natural additives and ingredients is becoming more widespread in animal feed, which will also aid in market growth. In addition, health benefits associated with brewer’s yeast, such as increasing animal well-being, production abilities, and enhancing intestinal flora, are driving product consumption in animal feed formulations. Animal feed brewer’s yeast is expected to support farmers in meeting this increased demand among consumers, thereby elevating the scope of the market. Research and development activities carried out by mar

Rising usage of yeast ingredients in the food industry, coupled with government initiatives to promote use of these ingredients in food products, is expected to boost the growth of the market over the forecast period. The Global Yeast Ingredients Market size is expected to reach USD 3.5 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 8.0% during the forecast period. Furthermore, high demand for yeast ingredients from various application segments such as fermentation, baking, medical, nutritional supplement, and molecular genetics is expected to restrict the availability of yeast as a raw material for production of ingredients. Hence, raw material availability is a major challenge faced by players in the yeast ingredients market. The demand for yeast ingredients in food products and supplements is anticipated to exhibit high growth on account of rising use of natural additives and ingredients in bakery and functional food

Increasing pet ownership is one of the key trends escalating market growth. The Global Pet Food Ingredient Market size is expected to reach USD 59.45 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 5.9% during the forecast period. Rendered protein meals such as fishmeal, poultry by-product meals, and meat and bone meal are universally used in companion animal’s feed owing to protein-rich content along with a good balance of amino acids. Balancing essential and conditionally essential fatty acids is an important factor for the selection of specific fats in a diet regime. The global sales of dog foods with probiotics exhibited a whopping 139.0% growth from 2017 to 2018. Superfood is witnessing strong growth in sales, including 2.0% sales growth for pet foods with blueberry, 8.0% for cranberry, and 13.0% for sweet potato. Increasing focus on nutrition of companion animals and rising consumer willingness to spend on pet care are a

Rising awareness regarding the benefits of additives to promote healthy development of fish is anticipated to be a key driver for aquafeed market growth. The Global Aquaculture Additives Market size is expected to reach USD 1.52 Billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.2% during the forecast period. Importance of certain mollusks, such as clams and oysters as a source of food for humans coupled with their health benefits is expected to boost their demand in near future. Demand for mollusks to improve quality of the surrounding environment has also been prevalent in polyculture systems. Due to their multiple applications for consumers and the agriculture industry, demand for this species is likely to increase significantly during the forecast period boosting the demand for aquafeed. The global aquaculture additives market is expected to witness a decent growth on account of the surge in demand for fish

Focus on improving overall feed yield has been a critical factor for the surge in feed additives demand. Increasing the consumption of meat and milk products as a source of protein and other essential nutrients is expected to further fuel the growth. The Global Animal Feed Additives Market size is expected to reach USD 47.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.8% during the forecast period. Feed additives are considered an integral part of animal feed. Additives act as a catalyst that help disease prevention in animals, improve weight gain, vitamin intake, feed digestion, and conversion; thereby enhancing the quality of meat production. This factor is anticipated to propel the global demand over the forecast period. The animal feed additives must comply with Regulation (EC) 999/2001, Regulation (EU) 142/2011, and Regulation (EC) 1069/2009. The production order in the installation should be

The market is expected to be driven by the product’s growing application scope in the food and beverage as well as healthcare and pharmaceutical industries. The Global Collagen Market size is projected to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.5% CAGR during the forecast period. In addition, the market is expected to benefit from increasing adoption of collagen-based products due to superior characteristics such as gelling, emulsification, and binding of food products in which it is used. Demand for gelatin is expected to register steady growth due to growing use of the product in the production of jellies, chewing gums, and desserts. Demand for hydrolyzed collagen is expected to rise due to growing adoption in bone grafting, tissue engineering, and dental surgeries. In addition, growing demand for high-quality native collagen in cosmetic formulations as anti-aging and skin rejuvenating ingredients is expected

Flavors and fragrances deliver long-lasting sensory impressions, when applied through medical products, beverage, food, and other substances. These products enrich the overall aesthetic value and appeal of consumer goods. The Global Flavors And Fragrances Market size is anticipated to reach USD 28.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.7% during the forecast period. Flavors and fragrances are generally manufactured using essential oils and volatile chemicals to enhance existing flavors or to provide a precise flavor. The products are primarily categorized into natural and synthetic. Rising demand for natural and fresh products has added to exponential growth of the market. Increasing demand for ready-to-eat and convenience foods, health and wellness foods coupled with technological advancements are predicted to trigger the flavors and fragrances market growth. Increasing consumer disposable inco

Growing demand for cellophane from the packaging industry, coupled with rising use of the compound in production of fertilizers, will boost market growth. The Global Carbon Disulfide Market size is projected to reach USD 165.1 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 2.4% during the forecast period. Carbon di sulfide, also known as carbon bisulfide, is a toxic, transparent, flammable, and volatile liquid chemical. Large amounts of this compound are used to manufacture cellophane, carbon tetrachloride, and viscose rayon. Smaller quantities, on the other hand, are used for solvent extraction or conversion into other chemical products, especially as a catalyst in rubber vulcanization or agents in the flotation process of ore concentration. The carbon disulfide market is segmented based on application into rubber, rayon, fibre, pharmaceutical, agriculture, and packaging. In 2016, agriculture accounted for 13.6% of the tota

Rising demand for petrochemicals from various end-use industries is expected to be a prime factor driving the market growth. Inclusion of high-grade polymers in manufacturing commodities for domestic as well as export oriented industry is anticipated to surge the product demand in future. The global catalyst market size is expected to reach USD 34.06 billion by 2025, ascending at a CAGR of 4.5%, according to a report by Grand View Research, Inc. Moreover, demand for clean and green fuels has shifted the trend of energy generation from conventional to clean resources. Cobalt, iron, and nickel catalysts are the key components used for clean energy generation processes, such as the Fischer-Tropsch synthesis. Rapidly expanding polymer and chemical manufacturing sectors is also anticipated to play an important role in the growth of the catalysts market. In addition, supportive regulations regarding the production and usage of catalysts are expected to augment market growt

It is anticipated to witness a CAGR of 8.8% during the forecast period. Several characteristics including high creep resistance, stiffness and strength, excellent temperature properties, and good chemical resistance are the key factors driving the PPS market growth. The Global Polyphenylene Sulfide Market size is expected to reach USD 2.14 billion by 2025, according to a new report by Grand View Research, Inc. The consumption of in automotive industries is projected to exhibit a significant growth owing to rising application in carburetor parts, exhaust gas return valves, flow control valves intended for heating systems, and ignition plates. PPS is also utilized in industrial applications including grills, hair dryer parts, cooking appliances, as well as serializable laboratory, dental, and medical equipment. This factor is anticipated to spur the product demand over the next few years. Asia Pacific is anticipated to showcase substantial growth in light of rising liv

Demand for lightweight and miniaturized components on account of rapidly growing transportation, electronics, and automotive industries in emerging regions is expected to be the factor driving the global LCP market. Rising consumer awareness regarding energy and resource savings owing to the global energy crisis and increasing pollution levels has also fostered several innovations in the LCP field. The Global Liquid Crystal Polymer Films & Laminates Market size is expected to reach USD 174.4 million by 2025 registering a CAGR of 7.2%, according to a new report by Grand View Research, Inc. This, in turn, has led to the introduction of ‘smart windows’ in residential and commercial buildings to control light, privacy, sound, and insulation. However, these materials have been able to serve only niche applications, owing to highly-specialized and expensive raw materials and production processes. Laminates accounted for over 25% of the overall volume share in 2018 and

Increased use of fluorotelomers in firefighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons. The Global Fluorotelomers Market is expected to reach USD 539.3 million by 2020, according to a new study by Grand View Research, Inc. These products are preferred on account of their nontoxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2013 and accounted for over 30% of global consumption. Fluorotelomer iodide is expected to be the fastest growing product segment at an estimated CAGR of 13.1% from 2014 to 2020. Textiles were the largest application market, accounting for over 34% of the global fluorotelomer consumption in 2013. The segment is also expected to witness fastest growth at

Growing demand from automobile industry, on account of regulatory mandates to reduce weight of automobiles, is expected to remain a key driving factor for the market. Volatility in raw material prices is expected to hinder the market growth over the forecast period. The Global Copolyester Elastomers (COPEs) Market is expected to reach USD 1,051.5 million by 2020, according to a new study by Grand View Research, Inc. Automotive emerged as the leading application segment and accounted for close to 50% of total market volume in 2013. Automotive along with being the largest market is also expected to be the fastest growing market for COPEs, at an estimated CAGR of 4.94% from 2014 to 2020. North America led the global market for COPEs and accounted for just over 39% of total market volume in 2013. Asia Pacific is expected to be the fastest growing market for COPEs at an estimated CAGR of 5.4% from 2014 to 2020. To Know More About Copolyester Elastomers Market Please Visit

Increasing application scope in automotive and construction sectors of the emerging markets in Asia, especially China and India is expected to be a key growth factor for TPO. High capacity to demand ratio and raw material price fluctuations are expected to be key challenges for market participants. The Global Thermoplastic Polyolefins (TPO) Market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Automotive industry is the largest TPO consumer, accounting for over 75% of total market in 2013. With further research conducted to explore its utility as feedstock and substitution, TPO market volume is expected to grow at a CAGR of 6.4% from 2014 to 2020. Robust growth is also expected for emerging applications such as packaging, construction and healthcare. Automotive was the most dominant application for TPO as the segment accounted for 75.48% of total market volume in 2013 and is estimated to grow at a CAGR of 6.6% till 20

High substitution rate of thermoplastic elastomers, such as TPU and TPO, as an alternative to ethylene propylene diene monomer (EPDM) in construction materials is expected to drive TPE demand over the forecast period. The Global Thermoplastic Elastomers (TPE) Market is expected to reach USD 19.76 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency by reducing overall weight of automobiles is expected to fuel TPE demand over the forecast period. Volatile prices of key raw material such as styrene, propylene and polyurethane are expected to remain a key challenge for market participants. SBC was the single largest product segment and accounted for 47.1% of total market volume in 2014. Increasing demand for SIS, particularly in China & India, in automotive applications is expected to drive the product segment growth over the next se