Category: Press Release

Market Highlights

The Global Biopesticides market is projected to be valued at USD 15.66 Billion by 2033, recording a CAGR of around 16.25% during the forecast period. The biopesticides market refers to the segment of the agricultural industry focused on environmentally friendly pest management solutions derived from natural sources such as animals, plants, bacteria, and certain minerals. Unlike traditional chemical pesticides, biopesticides offer reduced environmental impact and pose fewer risks to human health. They are increasingly adopted in integrated pest management strategies due to their efficacy against pests and diseases while maintaining ecosystem balance. The market encompasses various types of biopesticides including microbial pesticides, plant-incorporated protectants, and biochemical pesticides. Growing consumer demand for organic and sustainable agricultural practices has fueled the expansion of this market globally, with North America, Europe, and Asia-Pacific being key regions for biopesticide adoption

For More Information: https://evolvebi.com/report/biopesticides-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The Biopesticides market experienced a detrimental effect due to the Covid-19 pandemic. The COVID-19 pandemic has caused supply chain hiccups that have reduced demand or created shortages in the biopesticide sector. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Segmental Analysis

The global Biopesticides market has been segmented based on Source, Crop Type, Application and Type

Based on the Source, the market is segmented based on Microbials, Biochemical, Beneficial insects and Others The biopesticides market segment is experiencing rapid growth due to increasing demand for organic food products and growing concerns regarding chemical pesticide residues in food. With a focus on sustainable agriculture practices, biopesticides offer environmentally friendly alternatives derived from natural substances like plants, microorganisms, and minerals.

Based on Crop Type, the market has been divided into Cereals & grains, Oilseeds & pulses, Fruits & vegetables and Others. Given that vegetables are among the crops that are grown most intensively globally and are frequently more sensitive to pests and illnesses than other crops, the vegetable segment retained the biggest market share in 2022. For vegetable growers, biopesticides can offer sustainable and efficient pest management solutions that also lower the possibility of residues in the finished product

Based on the Application, the market has been divided into Foliar spray, Soil treatment, Seed treatment and Others. Since soil application has the greatest potential for long-term pest management, it held the largest market share in 2022. Biopesticides sprayed on the soil can continue to work for weeks or months, giving ongoing defense against diseases and pests that are carried by the soil.

Based on Type, the market has been divided into Bioinsecticide, Bio fungicides, Bio nematicides, Bioherbicides and Others. When it came to the income generated by biopesticides in 2022, the bioinsecticide segment accounted for the majority. The usage of bioinsecticides has increased as a result of rising agricultural productivity and growing pest resistance. A lot of insect pests are known to impair plant growth and crops after harvest or while they are being stored, which results in agricultural loss.

For More Information: https://evolvebi.com/report/biopesticides-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Biopesticides market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The North American region holds a dominant position in the Biopesticides market. North America is the market leader. The market for biopesticides in North America is being driven by two factors: the growing interest in ecologically friendly agricultural practices and the loss of many conventional products as a result of reregistration and/or performance concerns. Today, the development and/or marketing of biopesticide products is carried out by more than 60 companies in the US alone. Product development has also led to an increase in the market for biopesticides. Europe Biopesticides market accounts for the second-largest market share mainly due to the growing demand for food safety and quality, increasing consumer demand for organic products, thus encouraging organic farming practices, and rising government initiatives in promoting biocontrol products. Further, the Germany Biopesticides market held the largest market share, and the UK Biopesticides market was the fastest growing market in the European region. The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Biopesticides industry The demand for organic food, growing worries about the effects of chemicals on the environment, and the availability of a simplified registration process are the primary factors driving the anticipated high compound annual growth rate (CAGR) of the Asia-Pacific biopesticides market from 2022 to 2030. In addition, the biopesticide market in China had the most market share, while the biopesticide market in India had the quickest rate of growth in the Asia-Pacific area.

Market Highlights

The Global Aquafeed market is projected to be valued at USD 89.74 Billion by 2033, recording a CAGR of around 5.59% during the forecast period. The Aquafeed Market refers to the commercial production and sale of specialized feed for aquatic animals raised in aquaculture, such as fish, prawns, mollusks, and crabs. This market has experienced significant growth due to the increasing demand for seafood products and the depletion of wild fish stocks. Aquafeed plays a crucial role in aquaculture by providing essential nutrients for the immune system, growth, and overall health of aquatic organisms. High-quality aquafeed is tailored to meet the specific nutritional requirements of different species and age groups, contributing to their optimal development. Factors like the rise in direct human consumption of fish, government initiatives promoting high-quality feed usage, and increasing per capita income in developing nations are driving the growth of the aquafeed industry.

For More Information: https://evolvebi.com/report/aquafeed-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The Aquafeed market experienced a detrimental effect due to the Covid-19 pandemic. Due to supply chain disruptions brought on by the COVID-19 epidemic, there are either shortages or decreased demand in the aquafeed sector. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Segmental Analysis

The global Aquafeed market has been segmented based on Form, Lifecycle, Application and Ingredient

Based on the Form, the market is segmented based on Dry, Wet, Moist and Others. The product’s dry form brought in a sizable portion of revenue in 2020, and the market is anticipated to expand significantly over the course of the projection year. Because pellet feed has the ability to increase fish feed conversion ratios, the aquaculture industry worldwide has a strong need for it. The increasing acceptability of dry fish feed is due to its exceptional palatability and effectiveness in improving fish performance.

Based on Lifecycle, the market has been divided into Starter feed, Grower feed, Finisher feed, Brooder feed and Others These segments cater to the specific nutritional needs of different aquatic species at various stages of their life cycles, ensuring optimal growth, health, and development.

Based on the Application, the market has been divided into Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Seabass and Others. In 2022, the carp application segment held a dominant position in the global industry, contributing approximately 25.00% of the total revenue. Due to the fact that this species enhances heart health, lowers the risk of chronic diseases, increases immunity, protects gastrointestinal processes, and promotes general health, it has a substantial share in this market.

Based on Ingredient, the market has been divided into Animal By-product, Grain By-Product, Oils & Fats, Additives and Others. One of the best and least expensive non-fish sources of omega-3 fatty acids and protein is soybean. It is now frequently used in feed preparation to improve the general growth and development of aquatic species. It is projected that the industry’s need for soybeans will rise as a result of the growing use of soybean meal and cake in the production of organic feed.

For More Information: https://evolvebi.com/report/aquafeed-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Aquafeed market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The Asia-Pacific region holds a dominant position in the Aquafeed market. Currently a major aquafeed market, Asia Pacific is anticipated to keep a sizeable share of the worldwide market share during the course of the projection year. Over the past ten years, the Asia Pacific market has expanded quickly, with China and India accounting for more than half of the region’s sales. Because of the remarkable development in the rate of fish production, the demand for this feed in China and India is anticipated to continue to be promising in the approaching years. Consequently, a number of significant global market participants are growing their operations in China and India. The North America region is witnessing rapid growth and emerging as a significant market for the Aquafeed industry. The rising aquaculture production due to increasing seafood demand and growing inclination towards salmon production will propel the growth of the market in Europe. North America is predicted to witness considerable growth in the global market.

Market Highlights

The Commercial Greenhouse market is projected to be valued at USD 74.88 Billion by 2033, recording a CAGR of around 12.41% during the forecast period. A commercial greenhouse is a specialized structure designed for the controlled cultivation of plants, particularly crops, in an enclosed environment. These structures utilize transparent materials like glass or plastic to allow sunlight to penetrate while trapping heat, creating a regulated climate conducive to plant growth. Commercial greenhouses employ various technologies such as automated climate control, irrigation systems, and artificial lighting to optimize growing conditions throughout the year, regardless of external weather conditions. They play a vital role in modern agriculture by extending growing seasons, increasing crop yields, and providing a consistent supply of high-quality produce to meet market demands.

For More Information: https://evolvebi.com/report/commercial-greenhouse-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The post-COVID-19 pandemic has accelerated growth in the commercial greenhouse market as consumers prioritize locally grown, sustainable produce, driving demand for controlled environment agriculture solutions and increasing investments in advanced greenhouse technologies.

Segmental Analysis

The global Commercial Greenhouse market has been segmented based on Type, Product Type, Equipment, and region.

Based on the Type, the Commercial Greenhouse market is segmented based on Glass greenhouse, Plastic greenhouse. Glass greenhouse are expected to have the largest market share throughout the forecast period, while Plastic greenhouse is expected to grow at the fastest rate.

Based on the Product Type, the global Elbow sleeve market has been divided into Fruits, Vegetables, Flowers & ornamentals, and Others. The Fruits segments are anticipated to dominate the market.

Based on the Equipment, the global Commercial Greenhouse market has been divided into Cooling systems, Heating systems, and Others. The cooling systems segments are anticipated to dominate the market.

For More Information: https://evolvebi.com/report/commercial-greenhouse-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Commercial Greenhouse market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America and Europe hold substantial market shares, driven by advanced agricultural practices, technological innovations, and increasing consumer demand for locally sourced, fresh produce. Asia-Pacific is witnessing rapid growth, attributed to rising population, urbanization, and government initiatives to improve food security through modern farming techniques. Latin America showcases significant potential fueled by favorable climatic conditions for greenhouse farming and expanding export opportunities. The Middle East and Africa are experiencing steady growth, supported by investments in sustainable agriculture and the need to mitigate the effects of climate change on food production.

Market Highlights

The Global Construction additives market is projected to be valued at USD 120.23 Billion by 2033, recording a CAGR of around 6.02% during the forecast period. The construction additives market involves the use of chemicals and minerals to enhance the properties of construction materials like cement and mortar, improving stability, durability, and efficiency in building construction. These additives are crucial for making concrete stronger and more resistant to harsh conditions, external damage, and waterproofing. The market is primarily driven by the demand for higher quality construction materials due to rapid urbanization, significant investments in infrastructure, and a surge in construction activities in emerging economies.  The construction additives market is primarily driven by the increasing demand for higher quality construction materials due to rapid urbanization, significant investments in infrastructure, and a surge in construction activities in emerging economies. This demand is further fueled by advancements in construction technologies, leading to a growing need for additives that enhance the stability, durability, and efficiency of building materials like cement and mortar

For More Information: https://evolvebi.com/report/construction-additives-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The COVID-19 pandemic significantly impacted the Construction additives market. Due to supply chain interruptions brought on by the COVID-19 pandemic, there are now shortages or decreased demand in the market for construction additives. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Segmental Analysis

The global Construction additives market has been segmented based on Product Type, and Application

Based on Product Type, the market is segmented based on Chemical, Mineral, Fiber and Others. The chemical segment dominates the market. Chemical additives can be added to concrete, mortar, and other building materials to improve its performance and longevity. Building materials can have their strength, workability, and setting time changed, as well as their resistance to chemical assaults, weathering, and cracking, improved, by using them.

Based on Application, the market has been divided into the Residential, Commercial and Others. The commercial category generated the most income. High-performance concrete is increasing demand for commercial construction projects like offices, retail establishments, and hotels, which explains this growth.

For More Information: https://evolvebi.com/report/construction-additives-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Construction additives market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America holds a dominant position in the Construction additives Market. This market will be dominated by the North American construction additives industry, which is growing as a result of rising residential and commercial construction projects brought on by the quick urbanization of developing countries like China and India. Over the coming years, it is also expected that the market will expand as more builders, architects, and other construction industry experts become aware of the advantages of employing additives. Due to population increase and rural-to-urban migration, Europe has the second-largest market share for building additives. This has resulted in a dramatic rise in the need for infrastructure development, housing, and commercial space, which has raised the requirement for building additives. The local governments are also putting a lot of money into developing the infrastructure and enacting laws that support green building practices. The Asia-Pacific region has indeed emerged as the fastest-growing market for the Construction additives industry. Several factors have contributed to this growth. From 2023 to 2032, the Asia-Pacific Construction Additives Market is anticipated to develop at the quickest compound annual growth rate (CAGR). Due to excellent market circumstances for growth in value and volume, a combination of government investments, fast urbanization, and other factors are encouraging the development of new construction projects in the Asia Pacific region. Furthermore, the building additives market in China commanded the most market share, while the construction additives market in India grew at the fastest rate in the Asia-Pacific area.

 

Market Highlights

The Global Phytogenic Feed Additives market is projected to be valued at USD 2.14 Billion by 2033, recording a CAGR of around 8.67% during the forecast period. Phytogenic feed additives, also known as PFAs or botanicals, are plant-derived substances added to animal diets to enhance performance. These additives include essential oils, herbs, and spices rich in bioactive compounds like phenols and flavonoids. They offer various benefits such as antioxidative, anti-inflammatory, antimicrobial, and digestion-enhancing effects. Common sources of phytogenics include oregano, thyme, garlic, horseradish, chili, peppermint, cinnamon, and anise. While phytogenics show promise in improving animal health and growth, research is ongoing to fully substantiate their efficacy, especially as alternatives to traditional in-feed antibiotics.

For More Information: https://evolvebi.com/report/phytogenic-feed-additives-market-analysis/

The Phytogenic Feed Additives market experienced a detrimental effect due to the Covid-19 pandemic. The COVID-19 pandemic has caused supply chain hiccups that have resulted in shortages or decreased demand in the market for phytogenic feed additives. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. Due to the epidemic, end-user trends and tastes have altered, leading manufacturers, developers, and service providers to implement a variety of tactics aimed at stabilizing their businesses.

Segmental Analysis

The global Phytogenic Feed Additives market has been segmented based on Function , Source, Type and Livestock.

Based on the Function, the market is segmented based on Performance enhancers, Antimicrobial properties, Palatability enhancers and Others. The palatibility enhancer segment is projected to exhibit the highest CAGR of 9.34% during the forecast period. Another name for hytogenic feed additives is natural performance enhancers. The market demand is anticipated to be driven by the growth-promoting qualities of feed phytogenics, such as oleoresins, essential oils, and herbs & spices.

Based on Source, the market has been divided into Herbs & spices, Flowers, Fruits &, vegetables and Others. The essential oils segment accounted for the largest market share in 2020, while herbs & spices is expected to register the highest CAGR of 9.34% during the forecast period.

Based on the Type, the market has been divided into Essential oils, Flavonoids, Saponins, Oleoresins, mucilage, tannins, bitter substances, pungent substances and Others.

Based on Livestock, the market has been divided into Healthcare Products, Consumer Goods, and Industrial Goods. The poultry segment accounted for the largest market share of 42.97% in 2020 and is expected to register a 9.37% CAGR during the review period. Consuming feed phytogenics improves intestinal health, growth performance, feed intake, feed conversion ratio, and the ability of chickens to withstand the particular impacts of heat stress when temperatures are high and humid.

For More Information: https://evolvebi.com/report/phytogenic-feed-additives-market-analysis/

Regional Analysis

The Phytogenic Feed Additives market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The Europe region holds a dominant position in the Phytogenic Feed Additives market. With a share of 33.23% in the global feed phytogenic market in 2020, Europe held a dominant position. The EU outlawed the use of AGPs in animal feed in 2006, and laws are now in place to minimize the use of therapeutic antibiotics. As a result, feed phytogenic makers found themselves in an advantageous market. In the past few years, the feed business in Europe has experienced substantial growth. The North America region is witnessing rapid growth and emerging as a significant market for the Phytogenic Feed Additives industry. For producers of phytogenic feed, North America is a desirable location. By 2028, it is expected that the region, which had 28.30% of the market in 2020, will have grown to USD 458.03 million. The US is the second-largest feed-producing nation in the world and is a major factor in the expansion of the feed phytogenic business in North America. The Food and Drug Administration (FDA) implemented new regulations in 2017 that severely limited the routine use of antibiotics on US farms. This raised the demand for phytogenic feed because it was thought to be an antibiotic substitute.

Market Highlights

The Global Drip Irrigation market is projected to be valued at USD 10.47 Billion by 2033, recording a CAGR of around 10.05% during the forecast period. The drip irrigation market refers to the sector of agriculture and landscaping that involves the production, distribution, and implementation of drip irrigation systems. Drip irrigation, also known as micro-irrigation or trickle irrigation, is a method of watering plants by delivering water directly to the roots of plants in small, controlled amounts through a network of tubes, pipes, valves, and emitters. This targeted approach minimizes water wastage and ensures efficient water usage, making it a preferred choice for irrigation in areas with water scarcity or where water conservation is a priority.

For More Information: https://evolvebi.com/report/drip-irrigation-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The drip irrigation market encompasses manufacturers, suppliers, distributors, and service providers involved in the design, production, installation, and maintenance of drip irrigation systems, as well as the sale of related components and accessories. The market may also include consulting firms, research institutions, and regulatory bodies that contribute to the development and advancement of drip irrigation technologies and practices.

The COVID-19 pandemic had significant impacts on the drip irrigation market. The pandemic highlighted the importance of food security and self-sufficiency, leading to increased interest in efficient irrigation methods like drip irrigation to enhance crop yield and conserve water resources. With disruptions in global supply chains and economic uncertainties, there has been a growing emphasis on sustainable agricultural practices. Drip irrigation, known for its water-saving capabilities and efficiency, has seen heightened interest from farmers and agricultural enterprises seeking to improve resource management. The drip irrigation market relies on a global supply chain for raw materials, components, and equipment. Disruptions in transportation, logistics, and manufacturing caused by the pandemic have led to delays in production and distribution, impacting the availability of drip irrigation products.

Segmental Analysis

The global Drip Irrigation market has been segmented based on Emitter Type, Crop Type, Application and Component.

Based on Emitter Type, the Drip Irrigation market is segmented into Inline Emitters, Online Emitters and Others. The Inline segment is expected to have a larger market.

Based on Crop Type, the Drip Irrigation market is segmented into Field Crops, Fruits & Nuts, Vegetable Crops and Others. The Field Crop segment is anticipated to dominant the market.

Based on Application, the Drip Irrigation market is segmented into Surface, Subsurface and Others. The surface segment is anticipated to dominant the market

Based on Component, the global Drip Irrigation market has been divided into the Drippers, Pressure Pumps., Drip Tubes, Valves, Filters, Fittings & Accessories and Others. The drippers segment is anticipated to dominate the market.

For More Information: https://evolvebi.com/report/drip-irrigation-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Drip Irrigation market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. In North America, the United States and Canada have well-developed agricultural sectors and advanced irrigation infrastructure, driving significant demand for drip irrigation systems. Water scarcity concerns, particularly in western states like California, incentivize farmers to adopt water-efficient irrigation methods such as drip irrigation. European Union (EU) regulations and environmental policies encourage the adoption of water-efficient irrigation methods, boosting the demand for drip irrigation systems. Increasing focus on organic farming and sustainable agriculture practices in Europe further drives the adoption of drip irrigation for precision water management. In Asia-Pacific, Countries like India, China, and Israel are witnessing rapid adoption of drip irrigation systems, driven by the need to improve agricultural productivity, conserve water resources, and mitigate the impacts of water scarcity. Countries in Latin America, such as Brazil, Mexico, and Argentina, are expanding their irrigation infrastructure to support agricultural production and exports. Water scarcity issues and the need to improve water-use efficiency drive the adoption of drip irrigation systems in arid and semi-arid regions. Arid and semi-arid regions in the Middle East and Africa face significant water scarcity challenges, making drip irrigation essential for sustainable agriculture.

 

 

Market Highlights

The Global Exterior insulation and finish system (EIFS) market is projected to be valued at USD 168.21 Billion by 2033, recording a CAGR of around 14.63% during the forecast period. The Exterior Insulation and Finish System (EIFS) market is a rapidly growing industry valued at approximately USD 90.2 billion in 2022, projected to reach USD 160.3 billion by 2028, with a CAGR of 10.1%. EIFS is a non-load bearing exterior wall treatment that enhances energy efficiency and design flexibility. Major players in the market include Wacker Chemie AG, BASF SE, Saint-Gobain, and others. The market is driven by increased investment in construction globally, while the availability of alternative green insulation materials poses a challenge. EIFS offers benefits like energy efficiency, aesthetic appeal, and cost-effectiveness, contributing to its market growth.

For More Information: https://evolvebi.com/report/exterior-insulation-and-finish-system-eifs-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

The Exterior insulation and finish system (EIFS) market experienced a detrimental effect due to the Covid-19 pandemic. There are shortages or decreased demand in the Exterior Insulation and Finish System (EIFS) industry as a result of supply chain interruptions brought on by the COVID-19 epidemic. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Segmental Analysis

The global Exterior insulation and finish system (EIFS) market has been segmented based on Product Type, Insulation Material, Component, and End-User

Based on the Product Type, the market is segmented based on PB (Polymer-based), PM (Polymer-modified) and Others The Exterior Insulation and Finish System (EIFS) market is experiencing significant growth, with a projected value of USD 160.3 billion by 2028. The market is segmented by product type into polymer-based (PB) and polymer-modified (PM) EIFS. Polymer-based EIFS, containing closed expanded polystyrene (EPS), is expected to be the fastest-growing product type due to its high thermal insulation properties and cost-effectiveness.

Based on Insulation Material, the market has been divided into MW (Mineral wool), EPS (Expanded polystyrene) and Others. Because of its superior thermal, acoustic, and fire-retardant qualities, the mineral wool segment has become the leading player in the market, finding widespread application in the transportation, building, and industrial sectors. It’s crucial to understand that mineral wool refers to all synthetic non-metallic inorganic fibers rather than any one particular product category.

Based on the Component, the market has been divided into Adhesive, Insulation board, Basecoat, Reinforcement, Finish coat and Others. The base coat segment dominated the market. In order to guarantee the long-term effectiveness of the EIFS, the base coat provides crucial weather resistance and moisture protection. With a variety of formulation choices and unique qualities, the base coat section may meet a wide range of project requirements and environmental circumstances

Based on End-User, the market has been divided into Residential, Non-Residential and Others. The end-user segment in the Exterior Insulation and Finish System (EIFS) market encompasses both residential and commercial sectors. EIFS is widely used in residential buildings for its energy efficiency and aesthetic appeal, while the commercial sector benefits from its cost-effectiveness and design flexibility.

For More Information: https://evolvebi.com/report/exterior-insulation-and-finish-system-eifs-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Exterior insulation and finish system (EIFS) market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The North American region holds a dominant position in the Exterior insulation and finish system (EIFS) market. The government’s increased support, which has led to numerous corporations, individuals, and other technologies ready to roll out in the market, will propel market growth in this region, and as a result, the North American exterior insulation and finish system market will dominate this market. The European market for Exterior Insulation & Finish Systems holds the second-largest share, primarily because autonomous government entities have made significant investments in the research and development of thermal insulations. In addition, the exterior insulation and finish system market in Germany held the most market share, while the exterior insulation and finish system market in the UK expanded at the quickest rate in the European Union. The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Exterior insulation and finish system (EIFS) industry. From 2023 to 2032, the exterior insulation and finish system market in Asia-Pacific is anticipated to develop at the fastest rate. This is a result of government measures to reduce greenhouse gas emissions and growing investment requirements for the development of infrastructure. In addition, the Exterior Insulation & Finish System market in China had the biggest market share, while the market in India had the quickest rate of growth in the Asia-Pacific area.

Market Highlights

The Global Feed Enzymes market is projected to be valued at USD 1.87 Billion by 2033, recording a CAGR of around 4.47% during the forecast period. The Feed Enzymes market refers to the global industry involved in the production, distribution, and sale of enzymes used as feed additives in animal nutrition. Feed enzymes are natural proteins that catalyze biochemical reactions in the digestive systems of animals, aiding in the breakdown of complex nutrients such as carbohydrates, proteins, and lipids, into simpler forms that are more easily absorbed by the animal’s body. These enzymes are commonly added to animal feed to enhance feed efficiency, improve nutrient utilization, promote animal growth, and reduce environmental pollution through decreased excretion of undigested nutrients.

For More Information: https://evolvebi.com/report/feed-enzymes-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Factors driving the growth of the Feed Enzymes market include increasing demand for meat and dairy products, rising awareness about animal health and nutrition, advancements in enzyme technology, and growing concerns regarding feed efficiency and sustainability in animal production. The market is influenced by factors such as feed industry regulations, consumer preferences, economic conditions, and technological developments.

The COVID-19 pandemic had significant impacts on the Feed Enzymes market. During the initial phases of the pandemic, the feed industry experienced disruptions in the supply chain due to lockdowns, travel restrictions, and workforce shortages. This led to delays in the production and distribution of feed enzymes, affecting the availability of these additives for animal nutrition. The pandemic has caused fluctuations in demand for meat and dairy products, as well as changes in consumer preferences towards more sustainable and healthy food options. This has influenced the demand for feed enzymes, as producers adjust their animal diets to optimize nutrient utilization and improve feed efficiency in response to market dynamics.

Segmental Analysis

The global Feed Enzymes market has been segmented based on Type, Livestock, Form and Source.

Based on Type, the Feed Enzymes market is segmented into Protease, Phytase and Others. The Phytase segment is expected to have a larger market share.

Based on Livestock, the Feed Enzymes market is segmented into Swine, Poultry, Ruminants, Aquatic Animals and Others. The swine segment is expected to have a large market.

Based on Form, the Feed Enzymes market is segmented into Dry, Liquid and Others. The Dry segment is anticipated to dominate the market.

Based on Source, the global Feed Enzymes market has been divided into the Microorganism, Plant, Animal and Others.

For More Information: https://evolvebi.com/report/feed-enzymes-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

Regional Analysis

The Feed Enzymes market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America is a significant market for feed enzymes, driven by the presence of large-scale livestock production operations, particularly in the United States and Canada. The region’s advanced agricultural practices, stringent regulations on animal nutrition and welfare, and increasing demand for high-quality animal protein contribute to the adoption of feed enzyme products. Europe is another important market for feed enzymes, characterized by a strong focus on sustainable agriculture, animal welfare, and environmental stewardship. Countries such as the Netherlands, Germany, France, and the United Kingdom have well-established livestock industries and stringent regulatory standards governing feed additives.  The Asia-Pacific region represents one of the fastest-growing markets for feed enzymes, driven by rapid urbanization, population growth, and rising incomes leading to increased consumption of animal protein. Countries such as China, India, Japan, and Southeast Asian nations have large and diverse livestock industries, with a growing demand for feed additives to enhance feed efficiency and productivity. Latin America is emerging as a significant market for feed enzymes, driven by expanding livestock production, favorable climatic conditions for agriculture, and increasing investments in animal nutrition and feed technology. The Middle East and Africa region exhibit a diverse market landscape for feed enzymes, influenced by factors such as climatic conditions, availability of feed resources, and government policies supporting agricultural development.

Market Highlights

The Global Heavy construction equipment market is projected to be valued at USD 287.24 Billion by 2033, recording a CAGR of around 5.01% during the forecast period. The heavy construction equipment market refers to the industry segment involved in the manufacturing, distribution, and utilization of large machinery and equipment specifically designed for construction tasks requiring significant power and capabilities. This market encompasses a wide range of equipment such as excavators, bulldozers, cranes, loaders, dump trucks, and others, used in various construction projects including infrastructure development, residential and commercial building construction, mining, and other heavy-duty applications.

For More Information: https://evolvebi.com/report/heavy-construction-equipment-market-analysis/

 

The market is influenced by factors such as economic conditions, infrastructure investment, technological advancements, regulatory policies, and environmental concerns. Key players in the heavy construction equipment market include manufacturers who design and produce these machines, as well as rental companies, dealerships, and service providers who facilitate their distribution, maintenance, and repair.

The COVID-19 pandemic had a significant impact on the heavy construction equipment market. Lockdowns, travel restrictions, and shutdowns of manufacturing facilities in various parts of the world disrupted the supply chain for heavy construction equipment. This led to delays in production, shortages of components, and logistical challenges in delivering equipment to customers. The pandemic accelerated the adoption of technology in the heavy construction equipment industry. Remote monitoring and telematics solutions became more important for equipment management and maintenance, as companies sought to minimize on-site personnel and optimize equipment utilization.

Segmental Analysis

The global Heavy construction equipment market has been segmented based on Equipment Type, Application and End User.

Based on Equipment Type, the Heavy construction equipment market is segmented into
Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles and others. The Earthmoving equipment segment is expected to dominating the market.

Based on Application, the Heavy construction equipment market is segmented into Excavation & Demolition, Material Handling, Heavy Lifting, Recycling & Waste Management and Tunneling. The Excavation & demolition dominated the market.

Based on End Users, the global Heavy construction equipment market has been divided into the Metals, Minerals, Coal, Real Estate, Oil & Gas and Others. The Real Estate segment is anticipated to dominate the market.

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Regional Analysis

The Heavy construction equipment market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. In North America particularly, the U.S. heavy construction equipment market is driven by infrastructure renewal projects, especially in transportation and energy sectors. Demand for equipment like excavators, loaders, and cranes remains strong. Additionally, technological advancements, including the adoption of telematics and autonomous machinery, are shaping the market. Countries like Germany, France, and the UK are major markets for heavy construction equipment in Europe. Infrastructure development, urbanization, and renovation projects in cities drive demand.  In Asia-Pacific, particularly India’s heavy construction equipment market is growing rapidly due to urbanization, industrialization, and infrastructure development projects. The government’s focus on initiatives like “Make in India” and “Smart Cities Mission” boosts demand for machinery such as excavators, cranes, and concrete equipment. In Latin America, Brazil’s heavy construction equipment market is driven by investments in infrastructure, energy, and mining projects. Despite economic challenges, the country remains a key market for equipment manufacturers. Environmental concerns and regulatory changes influence the adoption of cleaner technologies. In Middle East & Africa, Countries like Saudi Arabia, UAE, and Qatar invest heavily in infrastructure, hospitality, and real estate projects. The region’s construction boom drives demand for heavy equipment, including cranes, excavators, and trucks. However, fluctuating oil prices and geopolitical tensions can impact market dynamics.

 

 

Market Highlights

The Global Pet Food Ingredients market is projected to be valued at USD 115.21  Billion by 2033, recording a CAGR of around 5.24% during the forecast period. Pet food ingredients are listed in descending order by weight, with major ingredients like meat appearing first. Minor ingredients include additives like amino acids, chemical preservatives, and other agents for flavor and texture. Ingredient splitting may elevate certain components on the label. Terms like “grain-free” and “natural” can be misleading, and pet foods can have fixed or variable formulas. Certified organic is a regulated term, ensuring compliance with organic standards. Understanding labels is crucial as they reveal the composition and quality of pet food ingredients

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The Pet Food Ingredients market experienced a detrimental effect due to the Covid-19 pandemic. The COVID-19 pandemic has caused to supply chain disruptions leading to supply shortages or lower demand in the Pet Food Ingredients sector. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Segmental Analysis

The global Pet Food Ingredients market has been segmented based on Source, Form, Ingredients and Pet.

Based on the Source, the market is segmented based on Synthetic, Plant-based, Animal-based and Others.  Synthetic ingredients are expected to lead in revenue share, with a focus on nutritional benefits like minerals, dietary fiber, carotenoids, and omega-3 fatty acids crucial for pet nutrition. The market dynamics are influenced by the growing awareness of these nutritional advantages, driving the demand for pet food ingredients.

Based on Form, the market has been divided into Dry, Wet and Others. Dry pet food ingredients, known for convenience and longer shelf life, dominate the market due to their affordability and dental hygiene benefits. Wet pet food ingredients enhance palatability and nutrient absorption, driving their growth in the market.

Based on the Ingredients, the market has been divided into Cereals, Vegetables & Fruits

Fats, Meat and meat products, Additives and Others. The ingredients segment of the pet food industry encompasses a diverse range of components used in formulating pet foods, including proteins (such as meat, fish, and plant-based sources), carbohydrates (grains, vegetables), fats, vitamins, minerals, and additives (flavor enhancers, preservatives). The quality and composition of these ingredients play a crucial role in determining the nutritional value, palatability, and overall health benefits of pet food products.

Based on Pet, the market has been divided into Dog, Cat, Fish and Others. dogs dominated the market with a share of over 40% in 2023. Growing consumer concerns towards pet health have increased the spending on healthy dog foods. Dog obesity is one of the most common heath concerns amongst dog owners.

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Regional Analysis

The Pet Food Ingredients market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The North American region holds a dominant position in the Pet Food Ingredients market. Due to growing concerns about the well-being of pet owners and their animals, North America currently dominates the industry. The US and Canada’s rising standards for daily comforts and pet adaption have led to a positive response to pets, which has been a major market driver. Due to growing pet adaption and increased pet food knowledge through the internet and other media, Europe consistently holds a share of the pet food market. The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Pet Food Ingredients industry. The pet food ingredients market in Asia-Pacific is expected to grow at the fastest rate due to an increase in the buying power of pet owners who are spending more on their pets’ food, which in turn is driving up local prices. Japan is the largest market for pet food ingredients and pet food fixes. Local businesses in developing countries provide pet food ingredients at the lowest prices, which increases demand for pet food ingredients in this area.