Industrial Head Protection Market to accrue a massive share via construction applications over 2017-2024, U.S. to majorly influence the regional demand

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Industrial Head Protection Market growth is highly impacted due to mergers & acquisitions, new product launches, and product differentiations. For instance, in July 2017, MSA Safety Incorporated, a manufacturer of safety equipment based in the U.S., declared the complete acquisition of Globe Holding Company, LLC, a leading U.S. based manufacturer of firefighting boots and protective clothes, for USD 215 million. With this purchase, MSA has further reinforced its leading position across PPE (Personal Protective Equipment) sector in North America. The acquisition has helped MSA to further enhance its product portfolio that find applications across the construction, oil & gas, mining, defense, fire service, and petrochemical sectors, thereby augmenting the scope of industrial head protection industry.

U.S. Industrial Head Protection Market Size, By Application, 2016 & 2024, (USD Million)
U.S. Industrial Head Protection Market Size, By Application, 2016 & 2024, (USD Million)

Today, construction companies have designed a new kind of safety helmet to offer protection to the workers who have sustained fatal head injuries. The OSHA (Occupational Safety and Health Administration) has passed legislations that mandate the use of protective helmets for the workers at locations where there is a possibility of sustaining head injuries due to electric shock impact, burns, and falling or flying objects. Global Market Insights, Inc., states that industrial head protection industry, which generated a revenue of more than USD 2.3 billion in 2016, is slated to hit a revenue of more than USD 3.4 billion by 2024.

Low costs and rise in worker efficiency along with declining incidences of worker injury will boost the demand for sensors and smart wearables across the industrial head protection market. Personal protective equipment manufacturers are devising new methods to augment the health quality and safety of workers. For instance, Scott Safety, a U.S based manufacturer of PPE and respiratory equipment, has created firefighting equipment such as PPE wearable devices as well as sensor-embedded solutions. Multinational firm Honeywell International incorporation is producing smart helmets for the factory workers to improve their safety as well as efficiency. The aforementioned factors are expected to create bright growth prospects for industrial head protection industry.

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Even firms which are not involved in the business of producing personal protection equipment have made heavy investments in the production of smart helmets to explore the growth opportunities across industrial head protection market. For instance, a U.S. based augmented reality firm Daqri has designed wearable devices referred to as ‘smart helmets’, for industrial employees.

Many of the business players have realized the significant usage of smart sensors and connected devices across the personal protective equipment sector. For instance, in the U.S., many PPE manufacturers are using the data collected from smart sensors to enhance their operational efficiency and productivity. Smart PPE can detect danger signals which can result in a fatal accident or a head injury, which is expected to boost the industrial head protection market revenue over the years ahead.

Regional trends influencing industrial head protection market size

  • Strict legislations enforcing the use of safety helmets across the manufacturing sector are speculated to impel the business expansion across Germany, in turn contributing majorly towards Europe industrial head protection industry share over the coming timeframe.
  • U.S. safety helmet sector, which will record a CAGR of more than 3.5% over 2017-2024, will heavily influence the business space over the coming years. Strict compliance standards set by OSHA regarding worker safety will impact the product trends across the region.
  • A growing number of construction projects will favorably leverage the growth map of industrial head protection industry across China, which is contemplated to make lucrative contributions of over USD 300 million towards APAC industrial head protection industry by 2024.

Globally, industrial head protection market share is fragmented, with huge corporations and SMBs making substantial contributions toward the industry size. These participants are highlighting on key business growth aspects such as R&D activities to manufacture new products and sustain their position. Some of the major players involved in industrial head protection industry include DuPont, The 3M Company, Texas American Safety Company, and Gateway Safety Incorporation.

Author Name : Dhananjay Punekar


Brewing enzymes market to establish its space in the sustainability landscape, novel enzyme application in beer production to boost the industry growth over 2017-2024

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Charles Wells’ recent sale of the Bedford brewery to Marston’s is one of the many deals that indicates the developments in Brewing Enzymes Market. The deal, supposedly signed for a valuation of GBP 55 million, grants Marston’s, the brewer & pub operator, the complete, exclusive business and beer distribution rights, thereby augmenting the position of the manufacturer in the regional brewing enzymes industry. The extensive demand for beer and alcoholic beverages is one of the many principal drivers fueling the demand for brewing enzymes market. As per estimates, beer production surpassed around 1.9 billion hectolitres in 2016, with China alone contributing around 430 million hectolitres to this amount. The same year recorded consumer expenditure on alcoholic beverages to exceed USD 222 billion globally. These estimates provide copious evidence to the fact that brewing enzymes industry is undoubtedly here to stay, having held a valuation of more than USD 230 million in 2016.

U.S. Amylases Brewing Enzymes Market Size, By Function, 2016 & 2024 (Tons)
U.S. Amylases Brewing Enzymes Market Size, By Function, 2016 & 2024 (Tons)

Brewing Enzymes Market: An Introduction to Beer Production

The conventional beer brewing process involves soaking and heating the barley grain, which ultimately produces its own enzymes, that convert barley starch into fermentable sugars. Essentially, the barley is malted, kilned, post which wort is manufactured from the extracted malt. Furthermore, the wort is cooked, treated, fermented, filtered, and then stabilized. The malting process, basically, holds the force of attention in this entire methodology, since the process primarily aims to achieve the maximum production of enzymes such as β-glucanase and α-amylase, in addition to encompassing the maximum depolymerisation of β-glucan and starch. It is to be remembered that the mashing process basically aims to produce extensive quantities of fermentable sugars in liquor that can be easily filtered. Enzymes such as β-amylases are already present in barley, but the lion’s share of enzymes such as proteases and α-amylases are produced during the germination process.

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Unveiling the enzyme landscape of brewing enzymes industry: Current and Future Trends

A research report by Global Market Insights, Inc., segments brewing enzymes market into xylanases, proteases, amylases, and beta-glucanases. Alpha-amylase and beta-amylase are particularly considered the most crucial enzymes contributing toward beer production, making amylases one of the most lucrative product segments of brewing enzymes industry. While both are vital indicators of the malt quality and are completely responsible for the release of fermentable sugars from starch during the mashing segment of wort production, it is to be remembered that they do have some strikingly varying characteristics. For instance, alpha-amylase is essentially an endo-acting enzyme responsible for hydrolyzing α-1,4 glucose linkages in the starch, while beta-amylase is an exo-acting enzyme that dissects maltose units from the starch.

Amylases ensure that the mashing process is consistent and uniform, without any irregularities. Furthermore, these enzymes ensure enhanced fermentation and filtration – which are the key factors contributing toward high-quality beer production. In the light of these properties, amylases-based brewing enzymes market was worth more than USD 75 million in 2016. It has been forecast that this segment will stand to gain substantial returns over the forthcoming years, possibly with reference to the fact that its usage leads to the rising production of fermentable glucose during beer production. Summating this driver with the fact that the demand for beer has been rising exponentially across numerous geographies, especially North America and Asia Pacific, will unquestionably carve a profitable growth map for brewing enzymes industry from amylases over 2017-2024.

Unlike amalyses, beta-glucanase is the vital enzyme that contributes toward the hydrolysis of beta-glucans during the malting & mashing processes. Higher levels of beta-glucans deliver high viscosity wort, which are appropriately hydrolyzed by beta-glucanases. Pertaining to the fact that this enzyme imparts excellent filtration, enhances wort separation, and lowers the viscosity levels in the wort, brewing enzymes market from beta-glucanases has been forecast to register a demand of more than 5000 kilotons by 2024, which accounts for approximately 30% of the overall brewing enzymes industry share by 2024. One of the most crucial drivers fueling the adoption of this product across breweries is that it helps enhance the beer quality with unmalted barley. This enzyme has been touted by experts to be a lucrative investment avenue for brewing enzyme market giants.

Brewing enzymes industry: Riding on the emblem of sustainability

Of late, brewing enzymes market has been experiencing a paradigm shift in accordance with the ongoing sustainability trends. It is noteworthy to mention that beer production and distribution had already entered the sustainability terrain when Harboe, the Danish brewery, had launched the use of a new enzyme for beer production in 2009, inscribing its name on the prestigious lineup of brewing enzymes market players that were some of the first ones to proliferate sustainable beer production. The new sustainable beer had apparently been christened as Clim8 Beer, which had come into being as a result of the two-year collaboration between Novozymes, the reputed brewing enzymes industry behemoth and Harboe.

The eco-friendly trend still continues to rule the charts, given that brewing enzymes market is highly controlled by changing consumer preferences and a rather stringent regulatory framework. On that note, it is prudent to mention that the beer magnate, Carlsberg, has recently launched a new sustainability program, in a bid to reduce the water usage by 50% and to eliminate carbon footprints by the year 2030. Tentatively titled ‘Together Towards Zero’, the project is categorized into four individually handled sub-projects, namely, Zero water waste, Zero accidents culture, Zero carbon footprint, and Zero irresponsible drinking. Zero carbon footprint is the goal that aims to source 100% of the electricity required at Carlsberg’s breweries by 2022 and also reduce the carbon emissions at these breweries by 30% by 2030. The brewing enzymes industry enterprise, through the Zero water waste program, aims to reduce the amount of water used by its breweries, by 50%.

Backed by a set of strict reforms, brewing enzymes market is certain to achieve an appreciable growth in the ensuing years. Judging by consumer reactions, it would seem that they are sufficiently content enjoying a glass of this beverage, basking in the valuable know-how of the fact that has indeed been sourced through a brewery that endorses sustainable solutions. Furthermore, the latest preferences of customers have been inching toward consuming beer that has been brewed with 100% unmalted barley, which will undeniably expand the scope for brewing enzymes market in the years to come.

As the experts claim, the future of brewing enzymes industry comprehends a widespread deployment of enzymes to be brewed with barley. In addition, alternative processes for beer and wort production that manifest high-grade productivity and endorse a robust reduction in the production of wastes and derivatives are expected to fabricate the future scope of brewing enzymes market, a lucrative business in the making, with an estimated target valuation of more than USD 390 million by 2024.

Author Name : Saipriya Iyer

Alpha lipoic acid market to accrue substantial revenue via dietary supplements applications over 2017-2024, APAC to majorly impact the regional growth

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The growth of alpha lipoic acid market can be mainly attributed to the product’s application as a remedial agent in a plethora of chronic ailments. As per the NCBI, ALA has proved to be effective for reducing oxidative stress, protecting against atherosclerosis, and improving endothelial dysfunction, on the grounds of which this compound may be used as a therapeutic agent for diabetes, cancer, Alzheimer’s, obesity, cardiovascular diseases, osteoporosis, high blood pressure, non-alcoholic fatty liver disorder, Down syndrome, glaucoma, and burning mouth syndrome. The use of alpha lipoic acid, a naturally occurring thiol antioxidant, in anti-oxidant medicine treatment for various diseases is expected to create lucrative growth avenues for alpha lipoic acid industry players. Global Market Insights, Inc., reports that alpha lipoic acid industry size is likely to surpass a revenue of over USD 19 million by 2024, recording a CAGR of more than 6% over 2017-2024.

U.S. alpha lipoic acid market size, by product, 2013 – 2024 (USD Thousand)
U.S. alpha lipoic acid market size, by product, 2013 - 2024 (USD Thousand)

In 1959, Germany became the first country to demonstrate the medical use of ALA for treating diabetic sensorimotor polyneuropathy due to amanita phalloides, which is a kind of mushroom abundantly found across Europe. Researchers have stated that the product, in its compact form – dihydrolipoic acid, can function as a metal chelator and biological antioxidant, helping to reduce the oxidized forms of glutathione, vitamin C, and vitamin E. Moreover, the product can also act upon signaling transduction of pathways such as adenosine monophosfatase protein kinase, insulin pathway, and nuclear factor kappa B. Alpha lipoic acid industry is expected to experience heavy capital investments from existing industry players as well as new entrants due to huge growth opportunities offered by this fraternity, subject to its widespread scope of applications.

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The conclusions drawn from several experimental studies have proved that ALA can inhibit the growth of atherosclerosis plaque as well as atherosclerosis and can lower oxidative stress occurring post heavy training activities. Today, ALA (Alpha Lipoic Acid) finds growing usage as a food supplement across the medical and nutritional management sectors. Rising popularity of ALA usage across myriad sectors will spur alpha lipoic acid market expansion over 2017-2024.

Despite providing benefits, ALA usage has also led to the demonstration of side effects such as skin allergies and gastrointestinal distress issues such as abdominal pain, nausea, dyspepsia, and vomiting in patients who were injected with the prescribed doses of alpha lipoic acid. Results derived from the trials conducted on the patients after administering ALA have depicted the occurrence of skin ulcers, pruritus, hypoglycemia, and bronchitis in patients. As per a recent study, patients injected with ALA suffered from insulin autoimmune syndrome, which is related to the application of the product as a dietary supplement. Side-effects witnessed in the patients after the product consumption can adversely impact the development of alpha lipoic acid industry. However, research is being conducted at an international level to find out alternatives that may counter the side-effects of ALA usage.

Speaking in terms of geographical trends, alpha lipoic acid industry is set to expand its footprints across major regions – North America, Latin America, and the Asia Pacific. As per estimates, Latin America alpha lipoic acid market is slated to grow at a rate of 6% over the coming timeline. The growth graph of this business space across this region may depict an upward trend subject to the substantial government funding to improve the healthcare facilities. Brazil is forecast to be a key regional growth driver. In North America though, alpha lipoic acid market share will be considerably augmented by the emerging pharmaceutical sector and the escalating need for dietary supplements & slimming products.

The thriving medical sector across the Asia Pacific is certain to be one of key factors driving the growth of alpha lipoic acid industry across this continent. With China and India striving to enhance their healthcare infrastructure, APAC alpha lipoic acid market will carve a profitable growth curve ahead, having held a valuation of USD 3.5 million in 2016.

Despite being one of many dubious markets in the chemical sector, the competitive landscape of alpha lipoic acid industry encompasses quite a few renowned participants, namely, Sabinsa Corporation, AlzChem AG, HiMedia Laboratories, Shanghai Shyndec Pharmaceutical Company Limited, and Health Genesis Corporation. The aforementioned biggies are expected to bet big on this business in the future, according to analysts. These ALA market participants are also predicted to improve their brand presence through product portfolio expansion, joint ventures, and strategic collaborations.

Author Name : Dhananjay Punekar

APAC Industrial Floor Coatings Market to witness promising growth prospects over 2017-2024, food processing sector to drive the application landscape

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In the industrial sector, the coating of the floor is considered as a crucial facet, subject to which the global industrial floor coatings market has been witnessing a phenomenal demand over the recent years. The utilization of coatings is touted as an impressive solution for optimal protection and aesthetics of the industrial and commercial infrastructures. The noticeable shift in the consumer preference for high chemical resistance, mechanical strength, and improved finishing ability of the flooring has significantly influenced the product demand. As per a report by Global Market Insights, Inc., industrial floor coatings market was pegged at USD 3.5 billion in 2016 and is anticipated to generate revenue over USD 6 billion by 2024.

U.S. Industrial Floor Coatings Market Size, by Application, 2016-2024 (USD Million)
U.S. Industrial Floor Coatings Market Size, by Application, 2016-2024 (USD Million)

Impact of food processing sector on industrial floor coatings market size

Industrial floor coatings market is expected to witness strong application potential in the food and beverage processing industry. While working in the food processing industry, it is quite important to keep all the areas clean- including the floor. Certain food constituents such as blood, sugar, acids, oils, fats, etc. often fall onto the floors, which are highly susceptible to infections and contaminations. In response to this fact, it is highly important to maintain the sanitary standards of the floors, which has provided a major thrust to the demand of industrial floor coatings market from this application. As per estimates, in 2016, food processing accounted for more than 30% of the overall market and is further expected to grow at an annual rate of 6% over 2017-2024.

Many of the food processing industries rely on the epoxy type of coatings, which are highly durable and withstand strong chemical resistance & thermal shocks. Contributing to over 25% of the overall industrial floor coatings market, epoxy cementitious is estimated to be the fastest growing product with y-o-y growth of 6.5% over 2017-2024.

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Industrial floor coatings market demand from manufacturing units & warehouses applications

Many industries and manufacturing plants witness repeated spills or a high likelihood of oils, grease, or liquids on the floor. In addition to this, floors of warehouses and manufacturing units also need to withstand wear and tear, created by heavy machinery, high impacts, and excessive heat. Subject to this fact, industrial floor coatings market is gaining huge demand from this application, on account of thriving profoundly on the cusp of rapid industrialization and urbanization. The prominent economies of Asia Pacific including China, Malaysia, India, Vietnam, and Japan promise great potential for the growth of industrial floor coatings industry, owing to rapid infrastructural development. As per estimates, APAC industrial floor coatings market is expected to record a CAGR of 6.5% over 2017-2024.

The concrete flooring material is witnessing noticeable demand from the manufacturing and warehouses applications. Owing to its superior properties of wear & tear, prevention from abrasion, scratch resistance, and ease of maintenance with excellent aesthetics, concrete materials coatings is likely to witness a high demand in manufacturing projects. In 2016, concrete floor coating materials contributed to more than 85% of the overall industrial floor coatings market share.

Demand for bio-based industrial floor coatings to drive the future market trends

The global industrial floor coatings market is witnessing a paradigm shift toward environment-friendly floor coatings. Rising concerns over the fluctuating crude oil prices and the growing dependency on fossil fuel have stimulated the paints & coating industry to strive for sustainability. Growing consumer awareness regarding the impact of synthetic resin on the environment has created huge scope for the industry players to focus on the development of bio-based coatings. Bio based floor coatings are derived from natural sources such as soybean oil, succinic acid, sunflower oil, rapeseed oil, and castor oil. The key industrial floor coatings market players are joining forces with biotechnology firms to synergize their domains and address the demand for bio-based products. For instance, in 2016, Arkema a leading company in specialty chemicals, has partnered with several industrial coatings companies to develop bio-based materials to meet the latest industry demand and shifting consumer trends. Following this collaboration, in 2017, Bostik, a subsidiary of Arkema acquired CMP specialty products, a flooring and floor preparation unit of U.S. based specialist CGM. The acquisition gave Bostik a fair chance to further exploit the U.S. construction market and provide better and innovative flooring solutions to its customers.

In light of this dynamic scenario, industrial floor coatings market is certainly liable tourish over the coming years with a projected global demand of 1,300 kilo tons by 2024. Some of the other renowned names in industrial floor coatings industry include Dow Chemical, Sherwin-Williams, Akzo Nobel, BASF, Asian Paints, PPG Industries, Tambour, 3M, Kansai Paint Co., Ltd, and Milliken & Company.

Author Name : Ojaswita Kutepatil

A synopsis of healthcare 3D printing market outlining some of most path-breaking innovations indicative of the expansive industry growth

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Once thought of as a sci-fi notion, 3D printing has now penetrated myriad sectors, healthcare 3D printing market bearing no exception. Speculated as one of the most disruptive technologies of recent times, 3D printing, with its highly advanced technology, involves the build-up of solid 3D objects from a digital prototype, assembling consecutive material layers on top of one another, that eventually gives rise to the completed object. The technology has been touted by industry gurus as one of the most revolutionary ones in the last few years, given its extensive proliferation in the manufacturing, automotive, construction, chemicals, food & beverage, and medical sectors.

UK Healthcare 3D Printing Market, By Product, 2013 – 2024 (USD Million)
UK Healthcare 3D Printing Market, By Product, 2013 – 2024 (USD Million)

A comprehensive detailing of the ground-breaking innovations and organizational efforts that may revolutionize healthcare 3D printing industry:

The application of 3D printing in healthcare market heavily leans toward prosthetics, customized implants, & bioprinting. In 2015, a team of doctors at the Bengaluru-based Sakra World Hospital performed India’s supposedly first endoscopic surgery on a 5-month old girl with fused skull bones, with a 3D-printed helmet that exerts pressure on the required parts of the skull. The party behind this marvel had been Osteo3D, a phenomenal upstart in healthcare 3D printing industry, that had designed a personalized helmet for the surgery. Today, this tenderfoot in healthcare 3D printing market designs 3D-printed prototypes for surgeries, dental implants, maxillofacial surgeries, and neurosurgeries, and has contributed its models for more than 350 surgeries so far.

Recognizing the need for high-grade 3D printing in healthcare industry, the National University of Singapore Centre for Additive Manufacturing plans to develop, enhance, and deploy 3D printing technology in the medical sector, with reference to which the institute has launched a new knowledge center worth USD 18 million. The highlighting factor in this agreement is that four major conglomerates – Osteopore International, Creatz3D, Forefront Additive Manufacturing, and Dou Yee Enterprises have signed MoUs with the center. This is indicative of the robust penetration of 3D printing in healthcare market across various geographies.

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As recently reported by the Dubai Health Authority, a 60-year old woman from Oman suffering from cerebral aneurysm underwent a complicated surgery that was met with unexpected success, which can be solely credited to the creation of the 3D model of the patient’s brain. The complexity of the patient’s condition prompted the doctors to create a state-of-the-art 3D prototype of her brain dilated arteries that allowed them to understand how to plan the surgery using the safest, low-risk approach. Touted as one of most brilliantly articulated approaches for complex surgeries, 3D printing will transform the perspective of doctors toward operations, which will tantamount to an upswing in healthcare 3D printing market share.

Aspect Biosystems, a Canada-based biotech firm has recently declared a partnership with DePuy Synthes Products Inc., with an aim to reinvent the growth curve of 3D bioprinting and by extension, effectuate developments in healthcare 3D printing industry. Facilitated by Johnson & Johnson, this agreement states that Aspect’s massive 3D bioprinting platform will be used to develop a 3D-printed knee meniscus for surgical therapy, that will act as a cushion between the shinbone and the thighbone. Considering the ever-growing pool of elderly patients suffering from osteoporosis, surgical treatment of a torn meniscus via 3D printing will garner positive acclaim worldwide, leading to the widespread commercialization of 3D printing in healthcare market.

Shrewdly leveraging on the profitability quotient of 3D printing in healthcare industry, Italy-based OXYDO has collaborated with Materialise NV and the Safilo Group to manufacture 3D printed eclectic eyewear brands. Marking the preface of a revolutionary trend in both, healthcare 3D printing industry and eyewear market, OXYDO proudly showcased its eyewear collection recently, depicting frames using less material. OXYDO’s eyewear range combines the classic frame styles with modern silhouettes by means of 3D printing, setting a precedent for other healthcare 3D printing market giants to follow.

How the future looks like for healthcare 3D printing industry:

Numerous other innovations prevalent across healthcare 3D orienting market include the creation of 3D-printed skin, 3D-printed ears, as recently developed in Scotland for Microtia-affected kids, and even 3D-printed hearts, liver, and other vital organs. While the scenario looks very promising, it does have its share of flaws, given that every patient has a distinguished genetic system.

Several questions regarding the credibility and conformity of this technique have been raised by consumers and experts alike. The deployment of 3D printing in healthcare market, for most parts, is still in the experimental stages, while for many other sub-verticals, the technology has already been implemented, and has met with transcendent success. Some of the essential factors that may have a profound consequence on healthcare 3D printing market are the type of materials used for 3D printing, the cost of printers, and the convenience factor of the methodology used for implementing the software.

Despite having depicted a commendable success rate in many vital application arenas, healthcare 3D printing market has not yet gone mainstream. However, analysts have forecast global 3D expenditure to surpass USD 28 billion by 2020, a major chunk of which will be procured by the medical sector. All in all, the potential for 3D printing continues to remain colossal, and expert consensus specifically gestures toward the notion that healthcare 3D printing market, slated to cross USD 2.2 billion by 2024, will bring about a conspicuous revolution across the medical fraternity in the many years to come.

Author NameSaipriya Iyer

Poultry probiotics market to surpass the billion-dollar benchmark by 2024, industry poised to witness a vibrant competitive landscape

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Over the past few years, livestock production has increased exponentially. This has indeed made a subsequent impact on poultry probiotics market, with the increasing demand for NGPs (natural growth promoters) in animal feed. Poultry probiotics industry is strongly characterized by R&D and product innovation activities which has made this fraternity witness a fiercely competitive landscape. The industry players are constantly involved in implementing growth strategies such as global expansion and product development to sustain their market value.  Below is a synopsis of the contributions by the key participants toward the growth of poultry probiotics market:

U.S. Poultry Probiotics Market Size, By Application, 2016 & 2024, (KT)
U.S. Poultry Probiotics Market Size, By Application, 2016 & 2024, (KT)

Adisseo and Novozymes

Two of the prominent global leaders in poultry probiotics industry, Adisseo and Novozymes, have launched their probiotic called Alterion, especially for poultry application. Made from all the naturally-occurring bacterium found in soil, use of Alterion in the animal feed has helped the farmers to better control the gut health of their animals. It also prevents the growth of unwanted bacteria in the digestive tract of animals and optimizes the feed conversion by 2% to 2.5%.

Both the firms are striving to expand their global reach in this rapidly developing market. In 2016, Alterion, was introduced in the U.S. and later in the countries of South East Asia and Middle East.

Currently, U.S. is witnessing a strong demand for streptococcus based poultry probiotics as it increases animal weight and enhances their feed conversion. As per estimates, U.S. poultry probiotics market from the demand of streptococcus is projected to generate revenue worth over USD 25 million by 2024.

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Collaboration of Novozymes and Boehringer

Boehringer Ingelheim Animal Health and Novozymes have recently created a vibrant buzz in poultry probiotics market, by announcing their plan to collaborate and commercialize probiotics for global poultry production. This, early 2017 announcement of Boehringer Ingelheim to join forces with Novozymes- the renowned biological solutions provider, will enable the former to foray into animal feed additives market, which is profoundly challenged by antibiotic bans.

Stringent regulations by EU Commission and the FDA toward the ban of AGPs in animal feed have positively influenced the global poultry probiotics market trends.

The collaboration is indeed an appreciable step taken by the companies to enhance their market value in terms capabilities, product innovation, and pricing strategy. With this move, Novozymes is expected to utilize Boehringer Ingelheim’s vast network to gain access to new distribution channels and customers across the globe.


Evonik, a leading player in poultry probiotics industry has recently (January 2017) launched its first probiotic product called GutCare PY1. The company, being a specialist in feed amino acids, plans to take the lead in the field of developing sustainable and antibiotic-free livestock feed additives. Presently, Evonik holds three probiotics in its portfolio, viz. Ecobiol for poultry, Fecinor for piglets, and the newly launched GutCare PY1. Expanding the product portfolio has complemented the company with a better accessibility to the customers at a global scale. Evonik plans to initially introduce the product in the U.S. poultry probiotics market and gradually in the Asia Pacific belt.

Chr. Hansen

Chr. Hansen is amongst one of the world’s top three manufacturers of probiotics for animals, along with Dupont and Lallemand.

The under growing pressure to use fewer antibiotics in the food chain has been an important driver for the growth of poultry probiotics market. This company is grabbing the huge opportunity from the growing demand for antibiotic-free poultry and is expanding its animal nutrition portfolio in Asia Pacific market.

Asia Pacific is one of the chief regions witnessing a phenomenal expansion of animal health industry. Countries such as Australia, South Korea, India, and China are comparatively mature in terms of usage of probiotics in feed.

As per a report, China poultry probiotics industry is projected to generate revenue over USD 250 million by 2024, owing to rising consumption of broiler meat and rise in per-capita disposable income.

Chr. Hansen is actively planning to launch its product in China & US poultry probiotics market as an alternative to antibiotics, as these countries bet big in terms of swine and chicken sectors globally.

Key insights

  • The rising concerns over antibiotic usage in animal feed which poses a major threat to human health is certain to drive poultry probiotics market dynamics over the coming years.
  • As the global poultry probiotics industry is highly competitive in nature, collaborations and product portfolio expansion will act as major growth strategies.
  • The global poultry probiotics market is likely to witness major application scope from broilers, turkeys, and chicks & poults segments.

These trends vividly validate the potential of poultry probiotics industry in the coming years. As per a  report by Global Market Insights, Inc., Poultry Probiotics Industry is projected to register a CAGR of 7% over 2016-2024, surpassing a valuation of USD 1.8 billion by 2024.

Author Name : Ojaswita Kutepatil

Monochloroacetic Acid Market set to cross the billion-dollar benchmark by 2024, APAC to drive the regional landscape

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Business collaborations having been one of the key growth strategies of myriad industries, have also profoundly impacted Monochloroacetic Acid (MCAA) Market. One such instance bearing a testimony to this tactic was the collaboration of the German Company, CABB Gmbh, in 2013 with two domestic enterprises JinweiHuasheng Chemical Co. Ltd and Jining Gold Power Co. Ltd, where the former had inked a Memorandum of Understanding for the establishment of a joint venture company in China to deal with the marketing and manufacturing of high quality monocholoroacetic acid. Reportedly, three companies collectively invested around USD 160 million in the MCAA project of production capacity 50000t/a. The constant technological innovations characterizing this fraternity and series of such collaborations and joint ventures are poised to influence monochloroacetic acid industry trends in the ensuing years.

Europe monochloroacetic acid (MCAA) market size, by application, 2013 – 2024 (USD Million)

Global monochloroacetic acid market involves the participation of biggies such as AkzoNobel N.V., Daicel Corporation, The Dow Chemical Company, Daicel Corporation, Shandong Minji Chemical Co., CABB GmbH, PCC SE, Niacet Corporation, and, Xuchang Dongfang Chemical Co. Ltd. The strategies of alliances and product innovations are quite rampant across the competitive landscape of the monochloroacetic acid industry. The recent announcement of Atul Ltd. and AkzoNobel entering a partnership agreement with regards to production of MCCA in India is again a substantiation of how monochloroacetic acid market giants are deeply ingrained in collaborative approaches. The partnership was rather an appreciable step by both the firms to further exploit the potential of monochloroacetic acid market. Global Market Insights, Inc., claims monochloroacetic acid industry to surpass a revenue of USD 1.2 billion by 2024, with a projected CAGR of 4% over 2017-2024.

Monochloroacetic acid, often termed chloroacetic acid is recognized as one of the most halogenated forms of acetic acid. Being reactive in nature, this compound can form a number of intermediates by undergoing reactions. In fact, this fundamental aspect further expands the application horizon of monochloroacetic acid market. For instance, this organochlorine compound is an integral component in carboxymethyl cellulose (CMC) manufacturing, which finds extensive application across diversified domains, such as food and beverage, paints & coating, textile, paper & pulp etc.  It is therefore no surprise that the growth of all these aforementioned domains will leave a perpetual impact on monochloroacetic acid industry dynamics as well. As per the estimates, approximately 30% of the globally produced MCCA is used in the manufacturing of CMC.

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A sizable chunk of the overall monochloroacetic acid industry share is obtained from agrochemical application, which is why the growth potential of the market is forecast to be remarkably high in agrarian countries, particularly in the United States and BRICS nations. As per a recent estimation, in the year 2016, 45% of the total land in America and 60% of the total land in India were under cultivation. The population curve of China and India is exponentially increasing, a factor that is subsequently necessitating increased crop production to address the rising food demand curve. Enhancement of soil fertility has thus become a requirement of late, which is quite evident from the increased consumption of pesticides, fungicides, insecticides, and other chemical aggregates across APAC belt. Since MCAA and its derivatives are extensively deployed in these agrochemicals manufacturing, the aforementioned aspects are expected to upscale monochloroacetic acid industry demand.

Speaking of the geographical trends, Asia Pacific is forecast to procure a major chunk of the overall industry over the coming seven years, accounting for almost 60% of the overall share by 2024.  Other than agrochemical sector, the proliferation of medical, personal care, and textile sectors have also proved to be beneficial for the regional monochloroacetic acid industry growth. MCAA is majorly used for glycine production, which is an intermediate compound obtained from glyphosate herbicide production. Statistics claim, glyphosate is arguably the largest volume of herbicides that are produced worldwide. Though there are other synthesis routes for glyphosphate production, but in China, the predominant route is through MCAA. This fundamental aspect makes China’s contribution significant not only in the APAC monochloroacetic acid market but also in the global business space. China is arguably the largest consumer and manufacturer of agrochemicals. While emerging agrochemical domain plays a crucial role in the development of regional monochloroacetic acid market, another key end-use segment almost equally responsible for the business proliferation is the paper and pulp sector.

Heavy depletion of petroleum reserves across some of the regions have of late turned out to be a major concern for the monochloroacetic acid market players. Depleting crude oil reserves has subsequently resulted in raw material price discrepancies, thereby generating a supply demand gap in the value chain. However, unprecedented efforts are being continuously undertaken by the raw material manufacturers at the grass root level to overcome these challenges.

Author Name : Satarupa De