Europe Fertilizer Market will grow with a CAGR of 7.3% during 2022 – 2027

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.

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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. 

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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:

  • Segment – We have covered by segment in the Europe Fertilizer Market breakup from 3 viewpoints. (Nitrogen, Potassium & Phosphate)
  • Type – Our report covered by type in the Europe Fertilizer Market breakup from 5 viewpoints. (Nitrate, Urea, UAN, Compound fertilizer & Others)
  • Crop – This Report covered by crop in the Europe Fertilizer Market breakup from 9 viewpoints. (Wheat, Coarse, Oil Seeds, Potatoes, Sugar Beet, Perm Crop, Fodder Crop, Fertilizer grassland, Others arable)
  • Geography – Renub research report covered by country in the Europe Fertilizer Market breakup from 6 viewpoints (France, Germany, United Kingdom, Spain, Italy, Others)
  • Key Players – All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenues) of companies like 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.

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.

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Worldwide Bioplastics Industry will expand with a CAGR of 6.7% during 2021-2027

As per the latest report by Renub Research titled “Bioplastic Market, Size, Global Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Global Bioplastic Market Size was USD 6.7 Billion in 2021. Bioplastic is recognized as a very positive and essential innovation in the plastics and chemicals industry. Bioplastic is materials emanated from renewable sources that can reduce plastic waste generation on the planet. It can reduce 30-70% of carbon dioxide emissions. It represents an approximately 42% reduction of carbon footprints. The production of bioplastic requires 65% less energy than conventional petroleum plastic. These bio-based plastics are generally sourced from renewable biomass sources, including vegetable fats, natural sugars, cellulose, plant starch, and waste oils.

Global Bioplastics Market to Reach USD 9.9 Billion by 2027

Over the short term, significant factors driving the market studied are environmental factors promoting a paradigm shift and increasing demand for bioplastics in flexible packaging. The ecological dilemma caused by reaching high levels of greenhouse gas emissions in the atmosphere is one of the main drivers for the bioplastic industry, as bioplastic help to reduce the dependency on fossil resources, reduce greenhouse gas (GHG) emissions, and increase resource efficiency.

COVID-19 Impact on Bioplastics Growth Trends

The bioplastic market was positively impacted by COVID-19. Amid the lockdown situation, the demand for flexible packaging has increased, owing to the rise in demand for food, pharma, and PPE packaging personal and healthcare products. However, sustainable plastics can be an excellent alternative to conventional plastics, thus delivering an alternative growth pathway to the bioplastic industry in the wake of the COVID -19 pandemic.

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Non-biodegradable Plastics Polyethylene Terephthalate (PET) Segment led the Market

Non-biodegradable bioplastic are further categorized into Polyethylene (P.E.), Polyethylene terephthalate (PET), Polyamide (P.A.), Polypropylene (P.P.), Poly(trimethylene terephthalate) (PTT) and Others. Polyethylene terephthalate is an ideal choice for use in various industries such as automotive, electronics, and textiles due to its features. Polyethylene terephthalate, commonly known as PET, is a lightweight, non-toxic, safe, and flexible material that can be reused and recycled efficiently. It can also be processed 3 to 4 times without impacting its chemical properties. Meanwhile, polyethylene terephthalate offers unique physical properties, such as it is shatterproof and non-reactive to food and water, so it is widely utilized in flexible packaging applications. The growing technological advances and innovations in packaging applications, mainly through weight reduction, will positively influence market growth.

Packaging Application is anticipated to Exhibit Rapid Growth

The adoption of bioplastic has increased tremendously across various applications like packaging, agriculture, consumer goods, textile, automotive and transportation, and building and construction, owing to the advanced technical properties and functionalities. Bio-based plastics have found traction in packaging applications due to shipping companies seeking sustainable sturdy packaging products. The packaging segment is further divided into jars, trays, bottles & and others, while flexible packaging is further categorized into shopping/waste, pouches, bags, etc. Moreover, most packaging products are nowadays produced from traditional plastics and end up in landfills, which is a situation that various governments intend to address.

Regionally, North America accounted for the Largest Bioplastics Market

North America’s bioplastics market is majorly caused by the growing demand from the packaging industry in countries like Canada, U.S., and Mexico. Rising environmental concerns and a global attempt to decrease pollution are propelling the demand for biodegradable plastics in the packaging sector across the region. In addition, increasing COVID-19 cases in the U.S. results in a raised demand for generic drugs and medical devices, this boosts the demand for bioplastics in the medical packaging sector, positively impacting the market growth.

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Similarly, Asia Pacific is likely to have a considerable market due to the availability of skilled labor at a low cost. Further, easy land availability for manufacturing industries drives the regional market. The transformation in the production landscape of biodegradable plastics toward emerging economies, particularly China and India, is to influence bioplastics market growth positively. The bioplastics market is fragmented into key players like Total Corbion (Netherlands), Mitsubishi Chemical Holding Corporation (Japan), Toray Industries (Japan), Biome Bioplastics (U.K.), Green Dot Bioplastics.

Market Summary:

Material Type – We have covered Bioplastics Market breakup by 2 viewpoints by- Material Type (Biodegradable (Polybutylene adipate Terephthalate (PBAT),Polybutylene Succinate (PBS),Polylactic Acid (PLA),Polyhydroxyalkanoate (PHA),Starch Blends and Others), Non Biodegradable (Polyethylene (PE),Polyethylene terephthalate (PET),Polyamide (PA), Polypropylene (PP,Polytrimethylene terephthalate) ( PTT) and Others))

Application – Renub Research Report covers by application in the 6 viewpoints (Packaging, Agriculture, Consumer Goods, Textile, Automotive and Transportation, And Building and Construction)

Region – Our Report has covered Bioplastics Market breakup by 4 Region (North America, Europe, Asia Pacific and Rest of the Word)

All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Total Corbion (Netherlands), Mitsubishi Chemical Holding Corporation (Japan), Toray Industries (Japan), Biome Bioplastics (U.K.), Green Dot Bioplastics.

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.

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Renub Research

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Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027

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 to Grow with 9.6% from 2022 to 2027


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.

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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.

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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:

  • Volume Analysis: We have analysed the volume of Production, Consumption, Import and Export in Europe Olive Oil Market.
  • Country: We have also studied the Olive Oil Production Volume in Spain, Italy, Greece, Portugal and Others.
  • Type: In our report we have studied Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc
  • Industry: The report studies Pharmaceuticals, Cosmetics, Cooking and Others revolving industries of the market.
  • End-User: We have studied Food Service, Food Processing and Retail as major end users of the market.
  • Company: The report summarises Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited as key market players.

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)

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Global Chia Seed Industry will grow with a double digit CAGR of 30.77% during 2021-2027

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.

Global Chia Seed Market will grow at an Astonishing CAGR of 30.77% during 2021-2027


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.

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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.

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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:

  • Form : The reports covers market of following form Whole Chia, Milled/Ground Chia, Pre-hydrate Chia, Chia Oil, Type (Black, Brown, White)
  • Application: The market is divided into Personal Care & Cosmetics, Animal Feed & Pet Food, Nutritional & Dietary Supplements, Others
  • Top Importing Country – In this report we have covered top Chia Seed Importing countries like United States, Germany and Netherland
  • Top Exporting Country – The reports covers top Chia Seed Exporting countries such as China, Canada, and Netherlands
  • Company: Following companies covers in this report Glanbia PLC, Spectrum Organic Products LLC, Bayer AG, KWS SAAT SE and Co. KGaA, and Tyson Foods

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Biological Organic Fertilizers Market Global Forecast 2021-2027

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.

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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: info@renub.com

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Cassava Starch Market, Consumption & Global Forecast by Product

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.

Global Cassava Starch Market to Reach US$ 8.1 Billion by 2026


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.

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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: info@renub.com

Web: https://www.renub.com

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India Fertilizer Market to grow with a CAGR of 6.4% during 2020-2026

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.

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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: info@renub.com

Web: https://www.renub.com

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Global Soybean Market will be US$ 162.36 Billion by 2027

According to the latest report by Renub Research, titled Soybean Market & Volume Global Forecast by Consumption, Production, Import, Export Countries, Company Analysis” the Soybean Market will be US$ 162.36 Billion by 2027. Soybean was initially cultivated in China more than 3000 years ago has become a global commodity, with numerous countries directly taking part as importers, exporters or both to international trade flows. Moreover, the industrial and agrarian revolution of the 18th century has reshaped the traditional geography of soybean diffusion, production and consumption worldwide and inflamed another fundamental shift for this crop.

Global Soybean Market will be US$ 162.36 Billion by 2027

Worldwide Soybean Industry was US$ 127.81 Billion in the year 2020

Additionally, by the 20th Century, soybean had transformed into a versatile and globally necessitated cash crop, with a new production hub based in the USA from a food staple conventionally planted and consumed in Eastern Asia and China for thousands of years. More on this, soybeans are among the few complete protein vegetable-based foods with nine essential amino acids namely histidine, leucine, isoleucine, lysine, methionine, phenylalanine, threonine, tryptophan, and valine. For this reason, the soybean has become a crucial source of human and animal protein worldwide, with the majority of its cultivation destined for animal feed and the remaining destined for direct human consumption.


Soybean Production grew significantly due to Rise in Global Population

Globally, soybean production grew significantly, driven by world population growth and increased demand for meat, leading to the more outstanding production of soy-based animal feed. In addition, the introduction of genetically modified (GM) herbicide-resistant soybeans has also conceded improved productivity levels and a smaller workforce, facilitating the crop’s rapid expansion. As per our analysis, the soybean sector is also highly concentrated, with production mainly focused in Brazil, United States, Argentina, and China, ranking a distant fourth.


The rapid expansion of soybean in Brazil, which can also be seen as the result of technological and genetic improvement, gradually perfecting the adaptation of a temperate crop to the tropical climate, has been linked with deforestation, loss of biodiversity and reduction of other natural ecosystems. Thus, leading to increased efforts in production and sourcing soybean crops more sustainably. In fact, in the United States, soybean cultivation is projected to overtake wheat and corn as the crop covering the most significant farming land, spurred by the elevated demand for animal feed and the enlargement of soybean exports to China world’s largest soybean importer.


Global Soybean Market Size is expected to grow with a CAGR of 3.48% from 2020 to 2027

Soybeans, also known as the “king of beans”, are crushed chiefly into soy oil and meal. Besides, soybean is detected in hundreds of edible and non-edible products, from cooking oil, vegan food, animal grains and milk to biodiesel and other industrial applications. Soybean oil is the most preoccupied cooking oil in the global realm after palm oil. Furthermore, the adaptability of soybeans will be a significant factor in maintaining demand growth, as the soybean market can be utilised into animal feed, food and beverage, personal care, dietary supplements, pharmaceuticals, and biomaterials biofuels.


Soybean Trade Routes

Today, the leading soybean trade routes converge over the Pacific Ocean, shaping a triangle between China, Brazil and the United States of America. This picture reveals a complex ‘geopolitics’ of soybean trade flows, where a myriad of small actors – several countries, each with their interest – coexist in the international arena alongside the major players, which are embodied by the USA-China-Brazil triarchy. Contrarily, the historical production centre for this crop, China, is the primary consumer. Its growing demand for soybean is mainly fed by the Americas, with Brazil.


In addition, the exceptional growth in the global soybean production levels mirrors, of course, the consumption patterns for this crop. As per our analysis, domestic soybean consumption data shows that the five largest consumers – namely China, United States, Brazil, Argentina, and European Union– consumed about 80.86% of the soybean globally produced in 2020.


The current geography of soybean international trade flows is massively concentrated around two ‘magnetic’ poles. On the one hand, the Americas represent the export (and production) pole, with most soybeans traded internationally originating from Brazil, United States and Argentina. On the other hand, the import (and consumption) pole is situated in Asia – which attracted as a continent, with China playing the lion’s share. China’s soybean production has had a little hike in the forecasted period. At the same time, its consumption levels increased spontaneously in the same period, allowing foreign exporter countries to close this gap.


Company Analysis

Remarkable of the prominent players in the industry, such as companies like Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc and Archer-Daniels-Midland Co-existing globally, are increasingly selling soybeans as plant-based meat substitutes to respond to consumer demand prevailing in the market.

The Influence of COVID-19 on the Soybean Food Supply Chain:

Even with high COVID cases in the major producing countries, the soybean industry continues to operate, with farmers in the United States, Argentina, and Brazil crushing record amounts of soybeans. However, logistical bottlenecks had narrowed the crushing, transport, and export of the crop and farmers in these countries, particularly in Argentina, are recognising stockpiling their production to sell it later for meanwhile market conditions recover, given the impact of the lockdowns and reduced crop demand.


Nevertheless, demand for soybeans is projected to continue growing in the coming years due to various determinants. The intake of meat and soy-based health products is rising, while population figures are slated to expand, and policy-makers are more supportive of biodiesel as a fuel alternative. Specifically, soybean consumption is expected to grow, particularly among the growing middle class in emerging economies, increasing global plant-based meat consumption.

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Market Summary:

Consuming Country – We have covered Soybean Market & Volume of China, United States, Brazil, Argentina, European Union, India, Mexico and Others

Producing Country – This report studies the Soybean Market & Volume of Brazil, United States, Argentina, China, Paraguay, India, Canada and Other.

Importing Country – This report covers the Soybean Market & Volume of China, European Union, Mexico, Egypt, Argentina, Thailand, Japan and Others.

Exporting Country – This report covers the Soybean Market & Volume of Brazil, United States, Argentina, Paraguay, Canada and Other.

Key Players – We have studied the company by overviews, recent developments and revenue of following companies Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc and Archer-Daniels-Midland Co.

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: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Soybean Oil Market will be US$ 78.99 Billion by 2027

According to Renub Research, report Soybean Oil Market & Volume By Consuming, Producing, Importing, Exporting Country, Company Analysis & Global Forecast” will be US$ 78.99 Billion by the end of 2027. Soybean oil is the second standard utilized vegetable oil across the world. It is a leading oil crop grown globally due to its diverse uses of oil and protein for humans and livestock. Soybean oil is a rich source of crucial nutrients like proteins, vitamins, plant sterols and fatty acids. As a result, it helps grow immunity, prevents osteoporosis, manages heart health, boosts skin and eye health, lowers cholesterol levels, and reduces the threat of cognitive disorders.

Factors Driving Soybean Oil Market

Moreover, the increasing awareness among consumers regarding the advantages of soybean oil, compared to other vegetable edible oils, has driven its demand significantly. One of the main factors propelling the requirement for soybean oil across the globe is its affordable rate. It is relatively less costly than most other edible oils such as canola oil, olive oil, coconut oil, and groundnut oil. As a result, it is prevalent in price-sensitive markets, particularly in developing regions.


Over the years, soybean oil has become a favored choice for cooking in households and restaurants due to its vast smoke point, neutral taste, and negligible saturated fat content. Low cost, easy availability and the eco-friendly nature of soybean oil have further facilitated its usage in various sectors, such as feed, food and industrial.


Regional Analysis: China is the World’s biggest Soybean Oil Producer

The United States, China, Brazil, and India are the primary consumers and producers of soybean oil globally. China is the world’s biggest soybean oil producer; the demand for soybean oil has risen even more rapidly. With the constant growth of the economy and the rise of the total population, the consumption of vegetable oils is increasing year by year. The top vegetable oils consumed in China are soybean oil; it is becoming increasingly westernized cultural and economic factors that make China’s patterns of soybean oil production and consumption unique.


Further, biodiesel is leading to the increase in the consumption of soybean oil in the United States. Soybean oil is by far the most extensively produced and consumed edible oil in the United States. This makes soybean oil a good alternative for high-heat cooking methods like roasting, baking, frying, and sautéing, as it can resist high temperatures without breaking down.


The Soybean Oil Market Size was USD 52.6 Billion in 2020

Globally, Argentina is a crucial exporter of soybean oil. The main destinations of Argentina soybean oil exports were Bangladesh, India, Morocco, Peru and China. India is a significant soybean oil-importing country; it does not even produce half of its edible oil requirements. This is mainly due to rained conditions, smallholding with limited resources, high seed cost, low seed replacement rate, and low productivity. The nation has to rely on imports to meet the gap between demand and supply. India imports soybean oil mainly from Argentina, Brazil, Ukraine and Russia. India imports crude Soybean oil from the Crushing Capacities installed primarily in Argentina.

Impact of COVID-19 Pandemic in Global Soybean Oil Industry

The soybean oil market indicates steady growth, despite the COVID-19 pandemic cut demand for biofuel. The competitive price of soybean oil, against the cost for palm oil and sunflower, combined with the potential growth in demand for biofuel and increasingly robust environmental standards, signal tangible prospects for the further development of the soybean oil industry.


Company Performance

The key players in the soybean oil industry are Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc, and Archer-Daniels-Midland CoIn. For instance, in 2021, Archer Daniels Midland Company announced the manufacture of North Dakota’s first dedicated soybean crushing and refinery plant to meet fast-growing demand from food, biofuel, feed, and industrial customers, including producers of renewable diesel.

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Report Summary

Consumption – This report covered by Consuming Country in the global soybean oils by breakup by 8 Sub-segments (China, United States, Brazil, Argentina, European Union, India, Mexico, Other)

Production – Renub research report covered by producing Country in the global soybean oils by breakup by 8 Sub-segments (China, United States, Brazil, Argentina, European Union, India, Mexico, Other)

Import – We have covered by importing Country in the global soybean oils by breakup by 10 Sub-segments (India, China, Algeria, Bangladesh, Morocco, Peru, European Union, Korea South, Colombia, Other)

Export – Our report covered by exporting Country in the global soybean oils by breakup by 8 Sub-segments (Argentina, Brazil, United States, European Union, Paraguay, Russia, Bolivia, Other)

All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc, and Archer-Daniels-Midland CoIn.

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: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Agricultural Micronutrients Market will be US$ 10.7 Billion by 2027

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.

global agricultural micronutrients market by renub research

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: 

  • Incorporation during manufacture
  • Bulk blending with granular fertilizers 
  • Coating onto granular fertilizers  
  • Mixing with fluid fertilizers


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.

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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.

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