Renub Research has recently published a report named "India Hotel Market, Size, Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" providing a detailed industry analysis that consists of market share insights. Furthermore, the report comprises competitor and regional research and contemporary extension in the India Hotel Market. India hotel market shall grow at a CAGR of 9.02% from 2022 to 2030. The tourism industry in India has witnessed a substantial rise in both domestic and international travel, encompassing leisure, business, and medical purposes. In February 2023, the number of Foreign Tourist Arrivals reached 865,779, showing a significant increase compared to 240,896 in February 2022. In addition, the expanding middle class and rising disposable incomes have increased travel and accommodation spending.
Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/india-hotel-market-p.php The government's focus on infrastructure development, like improved transportation and connectivity, has made traveling to different parts of India more convenient. The Market Development Assistance (MDA) scheme guidelines update is to provide incentives to tourism stakeholders, broaden its scope and coverage, incorporate online promotions, and offer increased financial assistance. These revisions aim to improve the scheme's efficacy and provide more significant support to stakeholders promoting domestic tourism, maximizing their benefits. The development of hospitality services and the entry of international hotel chains have improved the quality and variety of accommodations available. Lastly, the promotion of popular tourist destination through marketing campaigns and initiatives has also contributed to the growth of the India hotel market. New Delhi has hegemony in India Hotel Market New Delhi is India capital city, attracting many tourists and business travellers due to its political, administrative, and cultural importance. Secondly, the town boasts a well-developed infrastructure with many hotels catering to different budget segments, from luxury accommodations to budget-friendly options. Thirdly, New Delhi is home to major international and domestic airports, making it easily accessible for domestic and international travellers. Additionally, the city is known for its historical landmarks, cultural attractions, and vibrant shopping and dining scenes, further boosting its appeal as a tourist destination. Lastly, New Delhi hosts numerous international conferences, exhibitions, and business events, driving the demand for hotel accommodations and supporting the growth of the hotel market in the city. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=india-hotel-market-p.php Chandigarh growth in the hotel market can be due to its status as a significant economic and commercial hub, driving business travel. It is also a famous tourist destination for its urban design, gardens, and architectural landmarks, attracting domestic and international tourists. The city's infrastructural development, including an expanded airport and improved connectivity, has facilitated more accessible travel and contributed to hotel industry growth. Chandigarh's educational institutions, medical facilities, and government offices also attract students, patients, and officials who require accommodation. Its proximity to popular tourist destinations makes it a convenient stopover, supporting hotel market growth. Cities – The India hotel market has been covered from 3 viewpoints:
Key Players. ITC Hotels Limited, OYO, Lemon Tree Hotel, Treebo, Hyatt Hotels Corporation, InterContinental Hotel Groups, Marriott International, Radisson Blue Hotels, Shangri La Hotels & Resorts, Taj Hotels Resorts & Places, The Lalit Hotels, The Leela Palace, The Oberoi Group, The Park Hotels, Bharat Hotels Limited, Hotel Leelaventure Limited, The Indian Hotels Company Limited, Sarovar Hotels Private Limited, and Marriott Hotels India Private Limited are critical players in India hotel market. Cities- India Hotel Market breakup from 3 Viewpoints:
Indian Cities Hotel are Sub-divided into four parts
Type of Hotel - India Hotel Market
Star Rating - India Hotel Market
Origin Brand – India Hotel Market
Cities Tier - India Hotel Market
Booking Type - India Hotel Market
Payment Mode – India Hotel Market
Distribution by City
Administrative Region
Company has been covered from 3 Viewpoints: 1. Overview 2. Recent Development 3. Revenue Company Analysis:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Contact Us: Renub Research Phone No: +1-478-202-3244 | +91-120-421-9822 (IND) Email: [email protected] LinkedIn: https://in.linkedin.com/company/renub-research Web: www.renub.com
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As per the Renub Research report titled “Europe Fertilizer Market, Size, Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis," the Europe Fertilizer Market Size was US$ 5.5 Billion in the year 2021. Fertilizers play a central role in Europe, meeting the agricultural requirements of a developing population by promoting the effective use of arable land and ensuring food preservation in Europe. These fertilizers are a rich source of primary nutrients, including phosphorus, nitrogen, and potassium, and help maintain the health of the crops. Similarly, they raise the organic & humus content in the soil, provides nutrients for microorganisms in the soil, and converts the physical?chemical properties of the soil.
Across Europe, the market for nitrogenous fertilizers grows with abundant raw materials due to shale gas exploration. Urea is the consideration for the consumption in the agricultural sector in the European industry, followed by UAN (Liquid Urea Ammonium Nitrate. The availability of this gas at a less price has decreased imports of urea, ammonia, and urea ammonium nitrate in Europe. Increased commercial farming and the low-cost production of fertilizers are anticipated to propel the demand for nitrogenous fertilizers. Geographically, France Dominates the European Fertilizers Market: France holds the most significant share in the European fertilizer market, followed by Germany and United Kingdom. The demand for phosphate fertilizer increases slower than nitrogenous fertilizer, owing to France's insufficient supplies of phosphate rocks. Also, the rate of application of phosphate fertilizers is low in Europe, owing to the low rate of phosphorous diffusion and their residual effect in crops and soil. The primary factor driving cropland conversion in Western European countries like Germany, the United Kingdom, and Spain transforms arable land for settlement and infrastructure. The shrinkage of farmland has emerged in accepting a greater concentration of fertilizers by farmers to cater to the increasing need for food crops across the region. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-fertilizer-market-p.php Besides, shrinking farmland and rising demand for food crops such as wheat boost the requirement for agricultural chemicals. Wheat is the highest consumer of nitrogen-based soil nourishment among the cereals consumed across Europe, followed by Coarse, Oil Seeds, and Potatoes. Nitrogen is used to grains and cereals in the form of soil additives or sprinklers. A rise in the consumption of bio-fuel and bio-energy in Europe increased the demand for fodder crops. Fodder crops are the more fertilizer-consuming crops, growing the need for fertilizers in Europe. COVID-19 Impact on European Fertilizers Market: The impact of COVID-19 on the fertilizer market in Europe has been minimal, owing to the priority status of the commodities. Thus, supply chain disruptions have not severely affected the supply of fertilizers to the European market due to trade limitations. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=europe-fertilizer-market-p.php Key Players: Prominent players operating in the European Fertilizers Market are Yara International ASA, Eurochem, Achema, OCI N.V, Petrokemua DD Fertilizer Factory, Nitroenmuvek Zrt., ICL Specialty Fertilisers, Grupa Azoty Group, Fertberia, BASF SE, and The Mosaic Company. For instance, Yara International, in 2021, has signed a letter of intent with Skycraft and Aker Horizon to establish Europe's first large-scale green ammonia project in Norway. This will make Yara one of the major players in producing green ammonia in the European region. Market Summary:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to Renub Research report titled “Europe Olive Oil Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Olive Oil Market Size will be US$ 7.35 Billion by 2027. For ages, the majority of world's olive oil market has revolved around the realms of European boundaries. Hence, Europe has remained the leading market for producing, consuming, importing, and exporting olive oil. In addition, mainly, the Mediterranean countries of Europe are dedicated to the cultivation of olives trees, combining traditional, intensive and super-intensive groves. Remarkably, demand for olive oil in Europe remains stable. However, import quantities sometimes are expected to fluctuate due to variable production in the central supplying countries of the region.
Europe Olive Oil Market Size was US$ 3.86 Billion in 2020 The thriving consumer interest in olive oil in Europe has three main driving forces combined: the ever-increasing popularity of the Mediterranean diet, the increasing awareness of olive oil's health benefits and the quality of certain types of olive oil. In addition, the promotions of single-origin premium olive oil and sustainable and ethical production methods have been favourable aspects for well-established market culture in recent years. Besides, the best opportunities for the market come from a country like Spain, Italy, Greece and Portugal. The European market remains the number one producer, exporter and consumer of olive oil in the world. The producing countries account for millions of hectares of olive groves, primarily dedicated to olive oil production. In our report, four producing member states of Europe have been analyzed: Spain, Italy, Greece, and Portugal. As per our analysis, Spain accounts for the most dominant market share in the European region for olive oil. Moreover, in terms of trade, a strong demand spurred by consumer preferences will increase European exports. Extra Virgin Olive Oil is anticipated for strong Performance in the Forecast Period: Eight different categories of olive oils and olive-pomace oils exist extra-virgin olive oil, virgin olive oil, virgin lampante olive oil, refined olive oil, olive oil composed of refined olive oil and pure olive oils, olive pomace oil, crude olive-pomace oil, refined olive pomace oil. However, all categories are unavailable to be sold to consumers. As per our analysis, Extra Virgin Oil, Virgin Oil, Lampante, Pomace are some prominent demanded oil readily demanded by the consumer level. Further, as per our analysis, virgin olive oils witness strong market share existence. Due to their expanding popularity among customers, Virgin olive oils are associated with spreading awareness concerning their health advantages in Europe. Omega-3 and oleic acid in virgin oil aid prevent lifestyle-related disorders such as obesity and cardiovascular complications. The extra virgin oil is anticipated to exhibit strong growth in Europe due to its high utilization in pharmaceuticals, cosmetics, and cooking. Additionally, European families use extra virgin oil for cooking; it is extensively used in personal care products like skincare for numerous purposes such as massages, sports injuries, and reducing muscle fatigue. Expanding Utilization of Olive Oil in European Retail and Foodservice Sector Propels Market Growth: Additionally, the growing awareness concerning the role of olive oil in maintaining good health has exceptionally boosted the demand for various types of olive oil in pharmaceuticals, cosmetics and cooking industries. On the other side, retail has survived one of the most dynamically advancing realms that enable enterprises in the olive oil market to constantly be on their toes to observe their aim customers and sustain a customized strategy. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=europe-olive-oil-market-p.php In addition, the foodservice sector in Europe utilized olive oil for salad dressing and preparing cold foods. Wherein, olive oil is widely used in the making of various food products, essentially healthy snacks. The expanding demand for healthy snacks amongst users has compelled manufacturers to consolidate nutrient-rich ingredients such as olive fruit oil to enhance the value of the final product. Key Players in the European Olive Oil Market: In our report, some of the market's key players embrace Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited. Players in the Olive Oil Market affirm many essential strategies. For instance, in 2020, Deoleo, the world's leading olive oil producer with Bertolli extra virgin olive oil brands, drives biodiversity. Europe Olive Oil Industry recovering from Impact of COVID-19: The demand and sale of olive oil observed a sudden slump with the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries also resulted in the disruption of trade activities, which has slowed the growth of this industry. However, after months of market imbalance, 2021 marks a year tendering growth in the European Olive Oil Industry, concluding a positive note. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-olive-oil-market-p.php According to the market study done by Renub Research, the progress in the Covid-19 vaccination campaign in Europe has positively affected the recovery of the Olive Oil Industry. The reopening of the foodservice supply chain, the restaurant and hospitality (Horeca) sector, and easing travel restrictions are the major supporting end-users boosting the market growth. Market Summary:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to Renub Research report titled “Chia seed Market Size Global Forecast 2021-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Global Chia Seed Market Size will reach to US$ 5.5 Billion by 2027. Salvia hispanica, also called Chia is a plant in the mint family which is grown commercially for its seeds and is rich in omega-3 fatty acids. Apart from that, Chia seeds provide a magnificent source of antioxidants as well as soluble fiber. Furthermore, chia seed production was only feasible in tropical and subtropical regions because the prolonged growing season required to complete seed development. At the same time, chia plants grow well in temperate climates; they need short days to flower and are typically killed by frost before seeds mature.
Worldwide Chia Seeds Market Size was valued at US$ 1.1 Billion in 2021 Globally, Chia is known for one of the highest sources of omega-3 fatty acids. Worldwide, surging demand of Chia seed and seed products say oil has a substantial value than soy, canola and flax. Omega-3 has a great source for many health benefits, say for instance it improves brain function, and the risk of heart diseases lowers, cancer and many more. Around the globe, the health foods and nutraceutical industries are currently marketing raw chia seeds as a dietary supplement. In recent years, nutraceutical companies is growing exponentially due to an aging population surging worldwide, apart from that, consumers are demanding functional foods which has ingredients such as omega-3 fatty acids, and increasing interest and its use in preventative medicine. Due to the above reasons it gives traction to this market and is expected to grow on current nutritional trends. Surging awareness regarding many health benefits of omega-3 fatty acid foods has propelled growth. Also, Chia is used in pet and livestock feeds. More on this, Chia is a low-maintenance crop that prefers moderately fertile, well-drained soils due to its small seed size, precision planting is important to ensure good seed-to-soil contact. Driving Factors & Challenges of Chia Seed Industry The factors that drive the market for Chia seeds globally are growing demand for chia seeds in products like protein bars & natural food ingredients and dietary supplements in the food & beverage industry, vegan diet, organic & gluten-free. Furthermore, worldwide surging awareness about chia seeds products for healthy diet preferences for instance most importantly by the young athletes and professional sportspersons. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=chia-seed-market-p.php Regional Insights: United States Chia Seeds Demand is met from China, Mexico, and Latin American Countries By Region, the report covers North America, Europe, Asia-Pacific, Latin America, Middle East and America, and Top Importing Countries like United States, Germany, Netherland, and Top Exporting Countries such as China, Canada, and the Netherlands. In the United States, consumption of chia seeds in numerous industries is expected to rise over the forecast period. Besides, the surging incidence of heart diseases in the United States asserts the importance of omega-3 inclusion in daily diets. Centres for Disease Control and Prevention stated that, every year, around 659,000 adults die from heart diseases. America Heart Association (AHA) has recommended the omega-3 rich foods and oils in daily diets to keep cardiovascular diseases away. Chia seeds are an important source of omega-3 and omega-6 fatty acids, which is driving their consumption in the United States. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/chia-seed-market-p.php Impact of COVID- 19 on Global Chia Seeds Industry The global COVID-19 pandemic has impacted the industries worldwide, which has certainly impacted the Chia seeds industry. Most importantly, the production, export and import of chia seeds products were hampered during the period among most countries. During the initial phase of Covid-19 in 2020, lockdown, transport restrictions caused disruptions in the logistics system. This has hit the commodity's supply across the globe that led to a decline in the chia seeds market in that year. Our analysts expect that the market will recover post-pandemic and will grow during the forecast period. Market Summary:
Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to the report by Renub Research, titled “Japan E-commerce Payment Market Forecast 2021-2026, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Japan E-commerce Payment Market Size is projected to reach US$ 297.87 Billion by 2026. E-Commerce payment importance is growing in Japan modern economy. It implements a commodity way for consumers to acquire goods and services through electronic means as they are easy, quick, and convenient. E-Payment is a method that provides tools for the payment of services or goods carried on the internet. It is the ease of transaction processing in e-commerce between consumers and sellers. Japan e-commerce market presents an opportunity for international merchants to E-court an audience with money to spend and an appetite for consumer electronics and fashion.
Furthermore, the Japanese e-commerce payment industry is undergoing tremendous growth and is proposed to stimulate as the trend moves toward mobile purchases and online shopping. Without cash or cheques, this digital payment method is considered an e-commerce pay system and is often viewed as an online or mobile payment network. Paperless e-commerce Japan has revolutionized payment processing by reducing documentation, delivery costs and staffing costs. These platforms are user-friendly, increase their customer presence and take less time than manual methods. According to Renub Research findings, Japan is among the countries with the highest number of internet users in the world. The number of internet users in Japan amounted to around 116 million as of 2020. How COVID-19 is benefiting the Japan's e-Commerce Payment Industry The outbreak of coronavirus, which has compelled to impose lockdowns and travel restrictions, is encouraging the expanded use of e-commerce platforms in Japan. The coronavirus outbreak is transforming the way Japanese consumers shop and how they pay for their purchases. Contactless payments took an unprecedented boost during the pandemic, seen by Japanese consumers as a cleaner way to pay in-store. Users are also trying out new payment methods while purchasing from E-Commerce websites and favor methods with the most robust security against fraud losses. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=japan-e-commerce-payment-market-p.php In an attempt to make e-commerce payments faster and more straightforward, more Japanese companies such as Rakuten Group, Suica, PayPal, Origami, and merPay are creating multiple payment channels. These key Japanese companies are introducing various new payment systems to attract more customers and appeal to existing ones. The change helps multiple types of customers to pay by their conventional methods. For instance, in 2020, Rakuten, Inc. established a new company to support brick-and-mortar retailers in Japan to implement digital transformation*1 by introducing multiple initiatives to merge offline and online retail (OMO*2.) Debit Cards & Credit Cards are most Used for Online Payment in Japan Based on the payment method, Japan e-commerce payment market includes Card, Cash, Bank transfers, Digital wallets, and others became the most commonly used e-commerce payment mechanisms in Japan. Credit cards remain the most common form of payment for e-commerce transactions; Japanese people prefer to use their debit and credit cards online. JCB, the domestic card brand, accompanies VISA, MasterCard and American Express. Cards, there is an option, local pay system called 'Konbini. Moreover, Japanese consumers use a wide breadth of Bank transfers payment methods, known as furikomi, Japan's second-most utilized e-commerce payment method. PayEasy, a modern domestic bank transfer service, offers the ability for shoppers to pay at post offices, banks and automated teller machines. The Japanese e-commerce industry received a strong growth in 2020. Single Language & Internet Savvy Customers Driving Japanese e-Commerce Payment Market Segments like food & personal care, furniture & application, toys, hobby, DIY, electronics & media and fashion are the most significant purchases by Japanese customers. These retailers benefit from urban density, technically advanced customers, expanding economies, and a single language is being used for Japan's purposes. As user behavior and shopping beahviour continue to change, online services centered on e-commerce and cashless payments are becoming a fundamental part of the food & personal care, furniture & application, toys, hobbies, DIY, electronics & media, and fashion. Besides, Japan's fashion segment is highly developed, and the small size of the country makes shipping and product delivery much convenient. A wide range of customers paying through e-wallets, net banking, mobile payments, cash-on-delivery and other methods, which is also boosting the e-commerce payment industry in Japan. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/japan-e-commerce-payment-market-p.php Report Summary Payment Method – We have covered by Payment Method in the Japan E-commerce Payment Market breakup by 5 viewpoints (Card, Cash, Bank Transfer, Digital Wallet and Other) Segment – Renub Research Report coveres by segment in the Japan E-commerce Payment Market breakup by 5 viewpoints (Food & Personal Care, Furniture & Application, Toys, Hobby, DIY, Electronics & Media and Fashion) All the key players have been covered from 2 Viewpoints (Overview, Recent Development) Rakuten Group, Suica, PayPal, Origami, and merPay. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to the latest report by Renub Research, titled “Biological Organic Fertilizers Market Global Forecast 2021-2027, Industry Trends, Share, Insight, Impact of COVID-19, Opportunity Company Analysis” the Global Biological Organic Fertilizers Market will be US$ 3.1 Billion by 2027. Nowadays, in developing intensive agriculture globally application of chemical fertilizers is the most adopted system. However, the continuous long-term use of chemical fertilizer has led to many unexpected effects. Hence, biological organic fertilizers in recent years have been considered an alternative source for soil, water, and crop-contaminating chemical fertilizers to have the potential to enhance soil productivity and plant growth in a sustainable agriculture worldwide.
The Prevailing Positive Growth Trend Drives Biological Organic Fertilizers: With the rapidly growing global population, food scarcity persists as a critical issue for governments globally. This has led to shifts in terms of product development in biological organic fertilizers for the significant agrarian economies. Further, the inflating prices of synthetic fertilizers globally, lined with consumers' response to rising prices for synthetically cultivated food products, are proposed to remain driving factors boosting the consumption of biological organic fertilizers in the coming years. Several governments have imposed regulations on the agricultural sector across. All developing and developed economies are taking into attention the environmental risks caused due to excessive use of chemical products in agriculture, which is projected to exhibit a positive growth trend for biological organic fertilizers in various seed and soil applications across the globe. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=biological-organic-fertilizers-market-p.php Nitrogen Fixing Biological Fertilizers Has an Imminent Market Share as Sources of Plant Nutrients: By type, Nitrogen Fixing and Phosphate Solubilizing Fertilizers remain a significant and sustainable input to horticulture to feed the increasing human population. The mineral, as mentioned earlier, fertilizers both plays a vital role in agriculture. The significant market shares of Nitrogen-Fixing and Phosphate Solubilizing Fertilizers is attributable to the correction of massively contaminated soil and water reserves created by the usage of synthetic fertilizers for decades globally. In addition, nitrogen Fixing Biological Fertilizers has an assured dominant market share in Biological Organic Fertilizers, essentially as a source of nitrogen for legumes. Wherein, nitrogen-fixing bacteria are most commonly utilized biological fertilizers for plants unable to transform atmospheric nitrogen into fixed nitrogen, which is crucial for their growth and development. Microorganisms like Azotobacter, Rhizobium, and Azospirillum are primarily used bacteria for nitrogen fixation in seed and soil treatment applications. Apart from nitrogen-fixing biological fertilizers, phosphate solubilizing natural fertilizers are deemed to be majorly demanded products worldwide. Silicate bacteria are amongst the most typical potassium solubilizing bacteria, including Bacillus glucanolyticus, B. mucilaginous, B. circulans, and B. edaphicus. Moreover, phosphate solubilizing biological fertilizers are critical components of nutrient management and are renewable and more cost-effective than synthetic fertilizers. Remarkably, phosphate solubilizing biological fertilizers enhance plant growth and yield and improve the soil's health and fertility. Further, helping in enhancing crop immunity to diseases, thereby reduces expenses on crop protection chemicals. Besides, the multinational companies working in the spectrum are also focusing on mass commercializing potassium mobilizing biological, zinc solubilizing products, and NPK consortia liquid products. Seed Treatment Application Has Gained Growing Importance in The Industry: Over the past couple of years, aggressive consumption of synthetic fertilizers and many other crop care chemicals such as pesticides and insecticides has substantially deteriorated soil quality across global agrarian economies. Seed treatment is one of the most notable points of biological fertilizers application globally. Seed treatment includes dipping the wanted seeds in a blend of phosphorus and nitrogen fertilizers. Following, the seeds are sun-dried and consequently sown in the fields. The inoculant coating made on the seeds enables quick and healthy growth of the plants. Further, the critical objective of incorporating biological fertilizers during seed treatment is to induce essential nutrients such as sulphur, zinc, nitrogen, and phosphorus, which enhance the nutritional value of vegetables & fruits, cereals, & grains. Hence, the seed treatment application has gained growing importance in the industry. As per our analysis, seed treatment application dominates the market share, primarily driven by the benefits of induced nutritional values in the seeds. Organic Residues Are Expected to Gain Year On Year Market Share: The global fertilizers industry is a fast-moving sector with dynamic changes on various levels across economies. By Product Type, biological fertilizers are merely referred to as organic matters derived from organic residues like farmyard manure, crop residue and green manure that encompass through the activity of microorganisms concerning nitrogen fixation or phosphorus solubility. Wherein various organisms such as Azospirillum, Cyanobacteria, Phosphate-Solubilizing Bacteria, Azolla, Aulosira, Rhizobium and Azotobacter play a significant role in the secretion of plant hormones. Organic residues are prepared from organic matter through the microbial conversion process. Formulated organic fertilizer is free from the foul smell, weeds, and inorganic substances such as glass and plastic. The organic residues supply many macro and micronutrients, thereby improving the soil structure. The farmyard manure, crop residue and green manure are organic sources of nutrients for sustainable crop production, which supply nutrients and increase the organic matter content of soils, enhancing nutrient absorbability by plants and maintaining a relative balance of nitrogen. They increase seed germination and root and stem growth and development. Further, with the intervention of modern organic farming practices prevailing in all countries, the growing economic regions are adapting the application of organic residues sustaining in the ecosystem. In addition, with multiple million-dollar companies working towards developing high-performance agricultural inputs such as fertilizers and various pesticides, the demand for alternative environment-friendly biological organic fertilizers is at its peak. As per our analysis, organic residues are expected to gain market share year on year, expanding their existence in the industry. Application of Biological Organic Fertilizers Reflects High Development and Growth in Cereal Crops: For ages, cereals production has been demanding a substantial quantity of biological organic fertilizers for the healthy development of crops. As per our analysis, various factors existing worldwide indicate that cereal crops reflect high development and growth with biological organic fertilizers. Further, utilization of biological organic fertilizers for cereal cultivation results in tall vegetation growth and high photosynthesis activity. Hence, based on our estimates, we view the cereals segment as the most dominant crop capturing the largest market share. On the other hand, pulses & oilseeds are anticipated to record the fastest growth, in terms of market share, in the biological organic fertilizers industry. Besides, biofertilizer compositions with hosphorus solubilizing bacteria, rhizobium, plant growth-promoting rhizobacteria, and vesicular-arbuscular mycorrhiza have been determined to be most effective for a range of pulses and oilseed cultivation globally. Moreover, the growing demand for soybean, sunflower, and groundnuts across the globe are considered to be the key benefiting factor behind the application of biological organic fertilizers in the pulses & oilseeds sector. Asia Pacific has the fastest-growing Market for Biological Organic Fertilizers: The demand for organic fertilizers in Asia-Pacific is expected to increase with spreading awareness among the farmers about the advantages of bio-based and organic residue based fertilizers. The regional market is concentrated among major agriculture-based countries like China, India, and Vietnam, while China and India lead the market improvements. The organic fertilizer industry in Asia-Pacific is the fastest-growing amongst all the other regions. The principal players in the market are focused on new product launches to cater to a broader consumer base and expand market share in the local market. In North America, the increasing government interventions in farming practices are expected to hike the market demand for biological organic fertilizers, which is led by significant changes in agricultural trends & methods across the U.S. and Canada. Further, with stringent regulations over huge farming communities, practise farming in the region with biological organic fertilizers to ensure sustainable long-term business. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/biological-organic-fertilizers-market-p.php Competitive Landscape: The biological organic fertilizer market is fragmented due to prominent international and regional players in the market. Collaborations with government organizations, expansion in the market, and product innovation are some of the strategies adopted by the companies. National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarjuna fertilizers and Chemicals Ltd are leading market players in the biofertilizer market. The consequence of COVID-19 on Biological Organic Fertilizer Industry: The COVID-19 pandemic has reshaped the biological organic fertilizer industry, ending in the sluggish growth of the market during the forecast period. Adequate policies from the government and the implementation of feasible practices are expected to be helping companies gain profits post the immediate effects of the pandemic. Market Summary: By Type – We have studied Biological Organic Fertilizer Market covering Nitrogen Fixing, Phosphate Solubilizing and Others. By Application – We have covered Seed Treatment, Soil Treatment and Root Dripping application in the global market. By Product Type – Our study covers Microorganism such as Azospirillum, Cyanobacteria, Phospate-Solublizing Bacteria, Azolla ,Aulosira, Rhizobium, Azotobacter, Other and Organic Residues such as Farm Yard Manure, Crop Residue, Green Manure, Other Products used in the Market. By Crop Type – As per our analysis, Cereals, Pulses& Oilseeds, Fruit & Vegetables and Others are crops utilizing biological organic fertilizer. By Region – In our report we have covered the regional markets of North America, Europe, Asia- Pacific, South America and Middle East & Africa. Company – In our report market's main players studied include National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarujuna fertilizers and Chemicals Ltd. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to the latest report by Renub Research, titled “Cassava Starch Market, Consumption & Global Forecast by Type, Region, Applications, Company Analysis” the Global Cassava Starch Market size reached US$ 7.7 Billion in 2020. Traditionally starch around the globe is made from arrowroot or sago palm. However, cassava is a cheaper raw material and has tended to replace these starches. The cassava plant is found in equatorial regions between the Tropic of Cancer and the Tropic of Capricorn. The starch procured from the roots of the cassava plant is termed cassava starch. Moreover, cassava starch, or tapioca, is procured through the washing and pulping of roots of cassava plants.
The global industrial application of cassava starch has a tremendous diversity of its uses of cassava starch. As an ingredient in several industries, native and modified cassava starch has been widely utilized. Indeed, cassava starch consumption in industrial applications has been more related to economics than any unique functionality. In general, confectionery & drinks and processed food use cassava starch as a thickener and stabilizer. Similarly, Corrugating and Paper Making are significant users of starch. Food Industries Holds Lion's Share in The Market: The food industries are amongst the most significant users of starch and starch products. Additionally, large quantities of starch are sold in processed products sold in small packages for household cooking. Bakery, cassava starch is used in biscuit making to increase volume and crispness. In addition, cassava starch is used in sweetened and unsweetened biscuits and cream sandwiches to soften the texture. Add taste and render the biscuit non-stick. Apart from cassava being utilized in the food industry, it is also applied in feeding animals, confectionery & drinks, corrugating & paper making, non-food and pharmaceuticals & chemicals. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=cassava-starch-market-p.php Application of Cassava Starch in Confectioneries: Principally, cassava starch is used in the production of gums. Pastes and other types of sweets are constituents in making moulds or for dusting sweets to prevent them from sticking together. In addition, starch and modified starches are also used to manufacture numerous candies, such as toffee, hard and soft gums, jellybeans, boiled sweets (hard candy), fondants and Turkish delight. Application of Cassava Starch in Animal Feed: Cassava being similar to feed grains consists substantially wholly of starch and is easy to ingest. The roots are, hence, eminently suited to fostering young animals and fattening pigs. Several feeding demonstrations have revealed that cassava provides a good quality carbohydrate that may supersede maize or barley. In addition, cassava rations are especially suitable for swine, dairy cattle and poultry. Notwithstanding, cassava cannot be used as the sole feedstuff because of its deficiency in protein and vitamins. However, it must be supplemented by other feeds that are rich in these elements. In the global economy, the highly developed compound animal-feed industry uses dried cassava roots as an ingredient. Large quantities of cassava chips, pellets and meals are imported into these countries for this purpose. Notwithstanding, in Brazil and many parts of southeast Asia, large amounts of cassava roots, stems and leaves are chopped and mixed into silage to feed cattle and pigs. This use of cassava is increasing. Application of Cassava Starch in Corrugating and Paper Manufacture: One of the evolving users of cassava is the corrugated cardboard industry for the manufacture of cartons: boxes and other packing materials. The board layers are glued mutually with a suspension of raw starch in a solvent of the gelatinized form. The board is clasped between hot rollers, which concerns a gelatinization of the natural starch and results in a robust bonding. Medium-quality flours are fit for this tenacity, provided the pulp content is not too high. Regional Prospects for Cassava Starch Utilisation: As per our analysis world, cassava consumption is predominantly concentrated in two regions, namely America and the Asia Pacific. America is the region with immense potential for cassava starch and witnessed the fastest growth rate worldwide. The accelerated expansion of the food and beverage sectors is a notable pillar that drives the cassava starch market across the region. The American region has the largest gluten intolerance population, which directly helps grow the market as cassava is gluten-free. The manufacturers involved in the market are profoundly employing such opportunities by launching unique and innovative cassava starch based-food and beverages in realms such as the U.S., Canada, and Mexico to satisfy the demand from the obese residents across the region. In Asia-Pacific, cassava is utilized for direct human consumption and most is processed for chips/pellets and starch. Most of the utmost starch products are intended for the food processing, soft drinks and pharmaceutical industries. Notably, the cassava starch industry is most important and dynamic in Thailand, Indonesia, China, India and Vietnam. Indonesia has long traditions, producing cassava chips (gaplek) for human consumption, exporting for feed, and further processing into starch. Another traditional cassava (sago) starch producer in Asia- Pacific is India, principally for the national market. Relative new entrants to the Asian cassava starch industry are Vietnam and China. The Structure of Cassava Starch Industry is Highly Fragmented and Consolidated: The evolution of several domestic and local players in the global market is highly consolidated and fragmented. The cassava starch companies are capitalizing on strengthening the distribution network, realizing cost reduction techniques, and setting various cassava starch products in the global marketplace. Private label and region-dominant players such as Cargill, Midland Company, Archer Daniels & Tate & Lyle have set new criteria for innovation and development of functional cassava starch with new formulations. They are further encouraging natural ingredient giants to scale up their product launches and expand their product portfolios in the foreseeable future. The unforeseen disruption of the COVID-19 pandemic led to strict lockdown laws across several nations following the temporary closure of numerous end-use industries of cassava starch, thereby negatively impacting the overall market growth. Nevertheless, the constant development of new products has facilitated the starch industry's expansion and pandemic recovery. The booming of the starch industry in the doom appears to be very assuring, rendering the variety of products and the advancement of new products authorize them to compete with the various substitutes. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/cassava-starch-market-p.php Market Summary: Cassava Starch Market & Consumption - We have covered the market from two vital points Products and Regions. By Products - We have studied the market through Native Starch, Modified Starch and Sweeteners existing as products in Global Cassava Starch Market. By Region - We have covered the Global Cassava Starch Market of Asia Pacific, Americas, Rest of World. By Application - This report studies the application of cassava starch in Processed Food, Confectionery & Drinks, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, Non-food. Company - We have studied the company by Company Overview, Recent Development and Revenue of following companies Cargill, Midland Company, Archer Daniels & Tate & Lyle. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research According to Renub Research latest report, “India Fertilizer Market, Impact of COVID-19, Forecast by Consumption, Industry Size, Growth Trends, Company Analysis, Financial Insight” finds that India Fertilizer Market is expected to be US$ 26.33 Billion by 2026. For ages, the fertilizer industry in India has played a pivotal supporting role to the Indian agricultural sector. Further, the farmers' growth in chemical fertilizers has been the secret of the nation's green revolution in the late sixties. Henceforth, today, India comes amongst the core producing and consuming countries of fertilizers in the world. Moreover, the Indian fertilizers market is also largely dependent on imports from various countries, especially potash fertilizers.
Role of Government in the Indian Fertilizer Industry: The fertilizer industry is profoundly regulated and monitored by the Government. The difference amid the cost of production, which is higher than the price at which the fertilizer is sold to the beneficiary, is reimbursed by the Government in subsidies. Whenever funds are deficient, the Government either announces an additional subsidy amount or liquidates the pending sponsorship by arranging loans under a Special Banking Agreement (SBA). For instance, in 2020, Government brought PLI (production-linked incentives) scheme to promote domestic agrochemicals manufacturing and similarly, in 2021, DBT (Direct Benefit Transfer) scheme for fertilizer subsidy. COVID-19 Impact on Indian Fertilizer Industry: The rural demand and markets have been buoyed and very promising in India despite the coronavirus pandemic and macroeconomic uncertainty. This has translated into improving the underlying macros for the Indian fertilizer industry. Agricultural operations have been well placed and have grown back by a bumper Rabi harvest and good monsoon during the Kharif season. With the normal monsoons and the rollout of the COVID vaccination program, the economic activities were normalized during FY21, which led to the acreage being favourable as well. So from that standpoint, the industry saw the consumption and the growth in demand for fertilizers continue in 2021. Urea-the Major Utilized Fertilizer: As per our analysis, Urea is the major utilized fertilizer followed by DAP, NP/NPCs, SSP, MOP, with domestic sales continuously growing. Urea fertilizers are capturing significant market share in 2021. In the years to come, we presume the demand for Urea to remain stable. The traditionally high usage and also the fact that the freeing up of retail prices for non-urea fertilizers, following the implementation of nutrient-based subsidy (NBS) for these fertilizers, has led to a significant price differential of urea vis-à-vis non-urea fertilizers. Key Players in the Indian Fertilizer Market: The fertilizer industry in India is fragmented, with a combination of cooperatives accumulating and a government-owned colossal market. The private companies are involved in a high degree of product innovation to tap the non-subsidy space. The major vital players in the Indian fertilizer market include Nagarjuna Fertilizers and Chemicals Ltd, Chambal Fertilizers and Chemicals Ltd, Rashtriya Chemicals and Fertilizers Limited, National Fertilizers Ltd, Coromandel International Ltd. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=india-fertilizers-market-p.php Market Summary: By Consumption: We have covered the variants namely Urea, DAP, NP/NPKs, SSP, MOP. By Production: We have studied the market and volume of Urea, DAP, Complex Fertilizers. Company: The companies covered in the market include Nagarjuna Fertilizers and Chemicals Ltd, Chambal Fertilizers and Chemicals Ltd, Rashtriya Chemicals and Fertilizers Limited, National Fertilizers ltd, Coromandel International Ltd. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Globally, micronutrients are vital for plant growth and are required in smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The major micronutrients existing in the global market include boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo) and zinc (Zn), and chloride (Cl), while chloride is a micronutrient whose deficiencies rarely occur in nature. Therefore, discussions on supplying micronutrient fertilizers are confined to the other six micronutrients. Addition, Global Agricultural Micronutrients Market will reach US$ 10.7 Billion by 2027.
Application of Micronutrients with Mixed Fertilizers: The most popular method of micronutrient application for crops is soil application. Recommended application rates usually are less than 10 lb/acre (on an elemental basis), so the uniform application of micronutrient sources separately in the field is complex. Therefore, both granular and fluid NPK fertilizers are commonly used as carriers of micronutrients. Including micronutrients with mixed fertilizers is a convenient application method and allows more uniform distribution with conventional application equipment. Costs also are reduced by eliminating a separate application. Four modes of applying micronutrients with mixed fertilizers are:
Some reasons for deficiency are higher crop yields that increase plant nutrient demands, high analyses of NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Hence, micronutrient deficiencies have been verified in many soils through increased soil testing and plant analyses. Based on form, the overall agriculture micronutrients market is segmented within non-chelated and chelated forms, wherein the Chelated Micronutrients are formed by combining a chelating agent with metal through coordinate bonding. The stability of the metal-chelate bond affects availability to plants of the micronutrient metals, namely copper, iron, manganese, and zinc. However, the increasing application of non-chelated micronutrients is comparatively high because of their low price over chelated form micronutrients. Globally intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield Based on type, the overall agriculture micronutrients market is mainly segmented into zinc, boron, iron, copper, manganese, molybdenum, and other agricultural micronutrients. The zinc deficiency in soils and its wide range of functions in the growth of plants is renowned worldwide. In addition, the increase in the zinc agriculture micronutrients market is driven by the factors such as the rising need to meet food security challenges and the growing demand for zinc nutritious food products considering its health benefits. Rising global government initiatives towards intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield moreover support the growth of this market. Recently, the deficiencies of micronutrients have been increasing in crops like Cereals, Food & Vegetables, Pulses & Oilseeds. Due to increasing nutrient loss incidences in cereals crops such as rice, wheat, and others, the cereals market has evolved the demand for the micronutrient. Moreover, the high demand for cereal-based crops as staples in many nations also increases micronutrient fertilizer application in these crops. Further, the growing health consciousness among consumers has fuelled the consumption of fruits & vegetables, consequently inflating the production of fruits & vegetables, boosting the utilization of global agricultural micronutrients in the fruits & vegetable crops. Surging population & rapidly increasing demand for nutrient-rich foods will drive Asia-Pacific region market Geographically, the market revolves around North America, Europe, and Asia – Pacific, South–America, and the World's rest. The Asia-Pacific region is attributed to the high consumption of primary nutrients and the rising incidences of micronutrient deficiency in the soil. In addition, the growing population and rapidly increasing demand for nutrient-rich foods will also boost the utilization of micronutrient fertilizers in the Asia-Pacific region. The North American region is anticipated to manifest the most accelerated growth throughout the foreseeable years. The region's tremendous growth can be attributed to continuously declining arable land within countries like the U.S. and Mexico, which further demand specialized products such as micronutrient fertilizer blends. To produce high-quality crops, enhanced awareness and adoption of crop nutrition products by growers within the region are predicted to aid the market in the region. Additionally, the market in Europe is mainly induced by the extensive utilization of micronutrient manure by cereal crops in realms such as Germany, France, and the U.K. The expanding health awareness in the region and rising consumption of foods sourced from plant origin further support micronutrients' consumption in the region. Similarly, in South America, Brazil holds the lion's share and is driven by expanding planted areas and the growing agribusiness sector. Other significant countries consuming micronutrients as a fertilizer include Argentina, Chile, Colombia, Peru, and Paraguay. Also, in the Middle East and Africa, the demand for agricultural micronutrients is comparatively lower than in other regions. However, it will be increasing in the forthcoming years due to the rising agricultural yield and evolving farming technology in North Africa. The market for Agricultural Micronutrients worldwide will grow during 2020-2027 at a CAGR of % 7.62. Healthy Smallholder Production Systems Develop as Mighty Nutrition Vehicles during COVID-19 Outbreak The COVID-19 pandemic has had an instantaneous effect on food systems in emerging countries. Restrictions on the movement of people and goods have impaired access to the markets. Amid this uncertainty, governments are adopting strategies to safeguard the food and nutrition of people by prioritizing diversification of production. Such trends are creating revenue opportunities for companies in the agricultural micronutrients market. Manufacturers in the agricultural micronutrient market encourage farmers and sellers to boost sales of nutritious and bio fortified crops such as wheat, maize, potato, and sweet potato. The COVID-19 pandemic has created people awake of foods rich in micronutrients. Local solid market chains, increased commercial utilization, and robust smallholder production systems make bio fortified crops powerful vehicles for nutrition. Global Agricultural Micronutrients Market valued at US$ 10.7 Billion in 2020. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=agricultural-micronutrients-market-p.php Market Summary: Product Type - We have covered the Global Micronutrients Market constituting Boron, Copper, Iron, Manganese, Molybdenum, Zinc, & Othersas product type. Form Types -This report covers the Chelated and Non-Chelated as form types in the market. Crop Types - We have covered the Global Micronutrients Market constituting Cereals, Food & Vegetables, Pulses & Oilseeds, Othersas crop type. Region - This report studies Global Micronutrients Market of North America, Europe, Asia – Pacific, South–America, Rest of World. Company - We have studied the company by Company Overview, Recent Development and Revenue of following companies The Mosaic Company, Yara International, Nutrien Limited, BASF SE, Nufarm. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Globally, paper packaging is a versatile and cost-efficient method to protect, preserve, and transport a wide range of products. In addition, paper packaging can be customized to meet the customers' needs or product-specific needs. The attributes, like lightweight, biodegradability, and recyclability, are the added advantages of paper packaging. Further, making paper packaging an essential component for packaging. Moreover, single-use plastic is increasingly being replaced by paper-based packaging due to its sustainable nature. According to Renub Research analysis, by the end of the year 2027, Global Paper Packaging Market is expected to be US$ 427.0 Billion.
n addition, the rising demand from various end-use industries is an essential application for the Global Paper Packaging and Paperboard Packaging Market. The industries such as food, beverages, healthcare, personal care and home care include the end-users market segment. Further, environmental issues like landfills and the rising demand for eco-friendly packaging are other significant factors impelling the growth of the global paper packaging market. Also, stringent regulations against plastic-based packaging products are being brought in globally on account of their non-biodegradability. Paper Packaging market worldwide will grow at healthy CAGR of 5.91% Remarkably, food products & beverages are increasingly being packaged in paper-based packaging wraps due to their outstanding printability and non-reactive and low price. Thus, there are abundant growth opportunities for the market. However, some restraints like the intense competition among the paper packaging manufacturers and the competition from the available substitutes also prevail in the market, which may adversely impact the growth of the Global Paper Packaging Market. By Product Type, Paper packaging usually is attained in liquid packaging cartons, cartons or folding boxes, corrugated cases or wrapping paper for an immediate or implied association, i.e., primary, secondary or tertiary packaging in the industry. They are additionally obtainable in an extensive range of shapes, sizes, and colours to meet their customer's requirements. Notwithstanding, the expansion of the e-commerce industry also aids in the growth of the paper packaging sector. Recently, E-commerce companies are often using cardboard packaging for secondary and tertiary packaging purposes because it is lightweight and low cost. Further, this also opens up new growth opportunities in the global Paper Packaging Market. In addition, numerous opportunities also lie in the growing packaged food industry expected to augment the market in the forthcoming years. However, the market for Paper Packaging global valued at US$ 286 Billion in 2020. As per our analysis, we expect the rising sales for paper packaging to continue. However, we also believe that the industry will be facing transformation following customer demand for sustainability and the growth of emerging markets during the forecasted period. Such a boom will primarily affect flexible materials and cardboard boxes. One of the goals for the attainment of cardboard is a large number of returns for online orders occurring globally. Asia Pacific’s will drive the market by Regions Based on Geography, the Global Paper Packaging Market is analyzed into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific market is forecasted to expand rapidly due to the increasing population, surging middle-class income, expansion of retail networks, and poised growth of numerous end-use applications. Europe is also anticipated to advance considerably due to increasing sustainability awareness and the restricted use of single-use plastics. The paper packaging market is fragmented by multiple players like West Rock Inc., International Paper Company Inc., Packaging Corporation of America, Amcor Limited and Mondi Group. The companies keep on innovating and entering into strategic partnerships to retain their market share. Alliances, Collaborations, and Contracts In September 2020, Mondi PLC partnered with BIOhofKirchweidach, an organic farm in Bavaria, to devise a sustainable packaging resolution for 500g packets of tomatoes on the vine to be given PENNY stores, which sizeable German retailer REWE Group owns. The project aims to substitute the present packaging, which contained 2.5 g of plastic coating in each pack, with a plastic-free and recyclable option. COVID 19 Impacts on Paper Packaging Industry Worldwide, COVID-19 pandemic outbreak has impacted many industries across all sectors. Restrictions, the lockdown has impacted much on every sector and the paper packaging industry. The paper packaging industry has much impacted the supply side due to lockdown and unavailability of transportations facilities. As per our analysis, we have seen recovery of this industry post-COVID-19 and will grow rapidly during the forecast period. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=paper-packaging-market-p.php Market Summary: Product Type- We have covered the Global Paper Packaging Market constitutingLiquid Packaging Carton, Corrugated Cases, Carton & Folding Boxes, and others. End Users - This report covers the Food, Beverage, Healthcare, Personal & Home Care and Others as end users in the market. Region - This report studies Global Paper Packaging Market of North America, Europe, Asia Pacific, and the Rest of the world. Company - We have studied the company by Company Overview, Recent Development and Revenue of following companies West Rock Inc., International Paper Company Inc., Packaging Corporation of America, Amcor Limited and Mondi Group. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research |
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