Agrochemicals Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence | Detailed Analysis Report, 2020 – 2025

Agrochemicals refer to the set of chemicals that are used in agriculture. These include pesticides, herbicides, or fertilizers used for the management of ecosystems in agricultural sectors. Agrochemicals are used for a variety of reasons ranging from protection against pests, improving nutrient quality, altering pH levels of the soil, and helping in the growth of the crop.

The prices of most agrochemicals are regulated in the market. However, there have been significant price fluctuations in the price of agrochemicals in the recent past. Herbicides, for example, have demonstrated uncertain price tendencies. While the prices of 2,4-D 98% Herbicide has shown a constant increase (from USD 2.6/kg in March 2017 to USD 3.79/kg in December 2020), similarly prices of Glufosinate 95% have been constantly declining (from USD 30.58/kg in March 2017 to USD 22.6/kg in December 2020).

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Demand Outlook

The global agrochemicals market is valued at USD 208.6 billion as of 2020 and is expected to grow at a CAGR of 3.4% till 2025. The geographic demand will be driven by APAC with countries like China, India, and Vietnam being the major consumers in the APAC market. Fertilizers and pesticides are the two most commonly used types of agrochemicals in the market and occupy approximately 60% of the overall agrochemicals market.

Cost Drivers

The growing need for food due to the growth in population is the fundamental reason which drives the growth of agrochemicals. In addition to this, the requirement of healthy food with adequate nutrients and crops untarnished by pests are driving the requirement for fertilizers and pesticides. Over the last decade, the requirement for biofertilizers has been consistently increasing. Similarly, the overall requirement for bio-based products in agrochemicals as compared to synthetic agrochemicals has increased. One of the major downsides of synthetic agrochemicals is that it is not sustainable in nature. While the immediate effects of using synthetic agrochemicals are fulfilling, it leaves the soil barren over an extended period of time. Bio-based agrochemicals cost higher than their synthetic counterparts. Therefore, the growing demand for bio-based agrochemicals is helping drive the overall growth of the market from a value-based perspective.

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A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

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Surgical Robot Market Opportunities, Segmentation and Forecast Report till 2024

November 08, 2021: Global Surgical Robot Market is anticipated to grow considerably in the forecast period owing to the growth in (MIS) Minimally Invasive Surgery worldwide. Surgical robots are sophisticated robots that carry out medical procedures on patients. These systems potentially improve the safety and perform surgeries effectively. These systems support major advances like minimally invasive surgery, remote surgery, and unmanned surgery.

Surgical robots market is driven by factors like growing geriatric population, increasing chronic conditions, complexities of surgical treatments, rising need for healthcare automation and growing economic growth. However, the market of surgical robot is facing obstructions due to the challenges of laparoscope control and risks associated with robotic surgery.

While the concept of surgical robots is still uncommon in most places, several hospitals are accepting robotic systems. Adoption of Nano and micro robots for urological surgeries, emphasis on development of cost-efficient robot systems, growing research & development, and wide use of robots in general procedures are the remarkable trends observed in the surgical robot industry. However, high capital is a major challenge surgical robot market faces.

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Surgical robots industry is categorized on the basis of surgery type, component, and geography. On the basis of surgery type, the market is divided into general surgery, neurosurgery, gynecology surgery, orthopedic surgery, urology surgery. Owing to increase in number of orthopedic surgeries, the segment leads the market growth in the years to come.

Based on components, surgical robots market is split into accessories, systems and services. Accessories segment is predicted to rise substantially due to extensive use of accessories in several surgeries. Also, in terms of revenue the segment is expected to witness progressive growth rate.

Geographically, surgical robots industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Owing to the increasing acceptance of surgical robot systems in various healthcare institutions and advanced healthcare infrastructure, North America dominated the market of surgical robot in the past years and is expected to continue its dominance in future as well.

The prominent players in surgical robot industry comprise Accuray Inc., Hansen Medical Inc., Intuitive Surgical Inc., MedRobotics, Mazor Robotics, Synaptive Medical, Stryker Corporation, Renishaw plc, Think Surgical, TransEnterix Inc., Corindus Vascular Robotics, Smith & Nephew, Stereotaxis, Titanmedical, and Zimmerbiomet.

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Market Segment:

Global Surgical Robots Market By Product, (USD Million) 2014 - 2024

    • Robot System

    • Instrument & Accessories

    • Services

Global Surgical Robots Market By Brand, (USD Million) 2014 - 2024

    • da Vinci Surgical System

    • CyberKnife

    • ROSA

    • MAKO

    • Renaissance

    • Other

Global Surgical Robots Market By Application, (USD Million) 2014 - 2024

    • General Surgery

    • Urology

    • Orthopedic

    • Neurosurgery

    • Cardiovascular

    • Gynecology

    • Radiology

    • Transplant

    • Gastrointestinal

    • Others

Surgical Robots Market By Region, (USD Million) 2014 - 2024

    • North America

    • U.S.

    • Canada

    • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Asia Pacific

    • Japan

    • China

    • India

    • Latin America

    • Brazil

    • Mexico

    • MEA

    • South Africa

    • Saudi Arabia

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Paper Diagnostics Market Segmentation, Growth Factor And Opportunity Analysis till 2022

November 08, 2021: Global Paper Diagnostics Market is expected to reach USD 8.35 billion by 2022. Paper diagnostics are the tools that are rugged enough, simple to use, and cheap for rural areas that could save thousands of lives across the globe. A disposable and versatile test that may analyze blood or urine for indication of chronic conditions or infectious diseases. The paper diagnostics market is estimated to grow at a significant CAGR of 7.5% over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of the paper diagnostics market are growing occurrence of diseases that can be monitored or diagnosed with paper diagnostics, growing number of patients suffering from diabetes, and benefits like cost-efficient, fast results, and less complexity. However, the presence of alternatives may restrain overall market growth in the years to come. Paper diagnostics industry is segmented based on product type, device type, application, end-user, and region.

Lateral flow assays and dipsticks are the product types that could be explored in paper diagnostics in the forecast period. Lateral flow assays sector accounted for the significant market share of paper diagnostics in terms of revenue and is estimated to continue with its dominance in the years to come. This could be because of its extensive usage in the form of pregnancy tests across the globe.

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Monitoring devices and diagnostic devices are the device types that could be explored in paper diagnostics in the forecast period. Diagnostic devices sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason behind the overall market growth could be high flexibility and adaptability and application in food pathogen detection and infectious diseases diagnosis. In addition, monitoring devices sector is estimated to grow at the fastest pace in the years to come.

The market may be categorized based on applications like environmental monitoring, clinical diagnostics, food quality, and others could be explored in the forecast period. The clinical diagnostics sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason could be the growing occurrence of infectious diseases, liver disorders, and cancer.

Academic and research institutes, hospitals, home healthcare, clinical diagnostic laboratories, and other end-users could be explored in paper diagnostics in the forecast period. Hospitals sector accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the growth could be increasing use of paper-based tests in primary clinical diagnosis.

Globally, North America accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising awareness among consumers regarding paper diagnostics, growing occurrence of diseases like HIV, hepatitis, and cancer, and government initiative.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise increasing acceptance of home healthcare over hospitalization and growing occurrence of infectious diseases.

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The key players of the paper diagnostics market are Siemens Healthcare, Alere, Bio-Rad Laboratories, Abcam, Sigma-Aldrich, ACON Laboratories, Surmodics, SD Biosensor, and Innova Biosciences. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Global Paper Diagnostics Product Outlook (Revenue, USD Million, 2012 - 2022)

    • Dipsticks

    • Lateral Flow Assays

Global Paper Diagnostic Device Type Outlook (Revenue, USD Million, 2012 - 2022)

    • Diagnostics devices

    • Monitoring devices

Global Paper Diagnostics Application Outlook (Revenue, USD Million, 2012 - 2022)

    • Clinical diagnostics

    • Cancer

    • Infectious diseases

    • Liver disorders

    • Others

    • Food quality testing

    • Environmental Monitoring

Paper Diagnostics Regional Outlook (Revenue, USD Million, 2012 - 2022)

    • North America

    • U.S

    • Canada

    • Europe

    • U.K

    • Germany

    • Asia Pacific

    • Japan

    • China

    • India

    • Latin America

    • Mexico

    • Brazil

    • MEA

    • South Africa

    • Saudi Arabia

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Liquid Flavor Market Opportunities, Segmentation and Forecast Report till 2022

November 08, 2021: The global Liquid Flavor Market is projected to grow at a significant CAGR during the forecast period. Initially, many flavors are produced in a physical form that is unfit for food applications. Conversion of solid to liquid and solid to various other forms takes place in the post-production process.

Common processes include spray chilling, spray drying, powder adsorption and emulsification. On the other hand, liquid flavors entail use of flavor oil to flavor soft drinks. Flavor oils are immiscible in water as fondants and are to be prepared with an oil-in-water emulsion for dispersion in water.

The key drivers for liquid flavor market comprise change in consumer lifestyle, rise in demand for dessert and pastry and rise in disposable income. In addition, the market also witnesses a rise in quality commitment in the food & beverages sector due to the stringent regulations and business conduct. Liquid flavor market is segmented into type, application and flavor. Type segment includes syrups, creams, fruit & nut sprinkles and fondants.

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Geographical segmentation for liquid flavor industry includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market scenario due to rise in demand for cakes, pastries and sugared beverages. Rise in consumer spending capacity is a major reason for market growth.

Asia-Pacific regions are likely to grow at a higher rate due to presence of a well-defined eateries and food supply. Rise in disposable income and increase in consumption of sweeteners, chocolates, cakes and pastries augment the market demand. Population explosion is another factor contributing to enlarged demand. Middle Eastern and African markets are likely to grow at a moderate CAGR due to low-income and low preference for bakery items and carbonated drinks.

The key players in the liquid flavor market include Archer Daniels Midland Company, Cargill Corporation, Barry Callebaut, Olam International Limited, Associated British Foods Plc, AAK AB, Hanan Products, Bake’n Joy, Ingredion Corporation and Tate & Lyle Plc.

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Market Segment:

Global Liquid Flavor Product Outlook (Revenue, USD Million; 2012 - 2022)

    • Organic Flavor Concentrates

    • Flavor Extracts

    • Artificial Flavor Liquids

Global Liquid Flavor Application Outlook (Revenue, USD Million; 2012 - 2022)

    • Beverages

    • Bakery & Confectionery

    • Dairy & Frozen Foods

    • Processed Foods

    • Others

Global Liquid Flavor Regional Outlook (Revenue, USD Million; 2012 - 2022)

    • North America

    • U.S.

    • Europe

    • Germany

    • Italy

    • France

    • Asia Pacifi

    • China

    • India

    • Central & South America

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Botulinum Toxin Market Analytical Overview, Size, Share, Growth Factors, Demand and Trends Forecast till 2025

November 03, 2021: The global Botulinum Toxin Market size is expected to value at USD 7.3 billion by 2025. The market is subject to witness a substantial growth due to the ever-growing population and rising number of minimally invasive or non-invasive procedures performed each year. Botulinum toxin is commonly used as a neurotoxin, which is typically found in various antigenic forms namely BNT-A, BNT-B, BTT-C, BNT-D, BNT-E, BNT-F and BNT-G.

These antigenic forms are produced with the help of an anaerobic bacterium, Clostridium botulinum. Common application of the botulinum toxin is the aesthetic therapy. Hence, these factors are expected to play vital for sustained market growth in the upcoming years. Globally, the botulinum toxin industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market of botulinum toxin.

However, use of botulinum toxin has severe side effects such as allergic reactions, rashes, neck and back pain, thus liming market growth to a certain extent. Unauthorized use of botulinum toxin can also lead to difficulty during swallowing food, shortness of breath and nausea thereby further restraining market advancement. Furthermore, higher cost of these expensive procedures coupled with minimum availability of the products like Myobloc by Solstice are expected to negatively affect overall market performance. Yet, increasing adoption of neurotoxins in therapeutics as well as cosmetic application are expected to fuel market demand for botulinum toxin over the next seven years.

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Botulinum toxin is gaining a wide popularity in cosmetic as well as aesthetic applications due to properties such as anti-aging and facial therapy. Rise in the number of application of botulinum toxin involving treatment of frown lines, crow’s feet lines, and glabellar lines are anticipated to boost market growth over the forecast period. The aesthetic segment has largest share in the botulinum toxin market in the last few years. Additionally, increasing approval rate by regional and international authorities are predicted to drive market demand over the next seven years.

For instance, FDA has approved use of botulinum toxin for the treatment of hyperhidrosis, cervical dystonia, post-stroke upper limb spasticity, and urinary incontinence & overactive bladder. Rise in the number of research & development activities coupled with favorable government laws & regulation are expected to offer lucrative growth opportunities for market players in the near future. Botox injections involving botulinum toxin weaken and completely paralyzes muscles and blocks certain nerves, which is influential during complex treatments. The effect of botulinum toxin commonly lasts about three to twelve months depending on the type of treatment.

The botulinum toxin industry is broadly categorized into two major segments based on the application type such as therapeutics and aesthetic. The aesthetic industry is considered as one of the faster growing segment in the botulinum toxin market with substantial revenue generation in the last few years. Growing popularity of the botulinum toxin in the segment attributes to the numerous application such as improving the facial appearance and reduction in signs of aging. The therapeutics segment has also witnessed substantial growth owing to the increasing approval rate across the globe for the use of botulinum toxin.

The botulinum toxin industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the healthcare sector, higher disposable income, availability of a variety of aesthetic procedures for enhancing external appearance and existence of well-established infrastructure.

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Asia-Pacific region is predicted to hold major market share in the botulinum toxin market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing healthcare expenditure, rising awareness among consumers, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the botulinum toxin industry are Allergan, Inc., Ipsen Group AG, Merz Pharma GmbH & Co., KGaA, Medytox Inc., US Worldmed, LLC, Lanzhou Institute of Biological Products Co., Ltd., and Revance Therapeutics, Inc.

Market Segment:

Product Type Outlook (Revenue, USD Million; 2013 - 2025)

    • Botulinum Toxin Type A

    • Botulinum Toxin Type B

End Use Outlook (Revenue, USD Million; 2013 - 2025)

    • Therapeutic

    • Aesthetic

Regional Outlook (Revenue, USD Million; 2013 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Mexico

        • Brazil

    • MEA

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

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Research Support Specialist, USA

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Digestive Enzyme Supplements Market Trends, Opportunities, Size, Share, Growth, Analysis and Forecast till 2025

November 03, 2021: Global Digestive Enzyme Supplements Market is expected to reach USD 1.6 billion by 2025. Digestive enzymes are a multifaceted protein prepared by the body to support break down of food into smaller molecules. Digestive Enzyme Supplements are in a chewable tablet or pill form with one or a combination of multiple digestive enzymes.

These supplements support healthy digestion, optimize the breakdown of protein, fats, and carbohydrates, reduce constipation, gas, bloating, and indigestion following meals, and support colon health. Pancrelipase (PEZ) help to digest proteins, fats, and sugars. The digestive enzyme supplements market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of digestive enzyme supplements market are rising awareness among populace regarding a healthy lifestyle, growth in gastrointestinal tract diseases, and growing number of manufacturers with innovation in their products. However, the side effects of product and the high cost of products may restrain overall market growth in the years to come. Digestive enzyme supplements industry is segmented based on origin, application, distribution channel, and region.

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Microbial, animal, and plant are the origins that could be explored in digestive enzyme supplements in the forecast period. Animal-derived enzyme sector accounted for the significant market share of digestive enzyme supplements and is estimated to lead the overall market in the years to come.

The market could be categorized based on applications like sports nutrition, additional supplements, medical & infant nutrition, and others that could be explored in the forecast period. Additional supplements accounted for the substantial market share of digestive enzyme supplements and are estimated to continue its dominance in the years to come. The reason behind the overall market growth could be rising expenditures on new supplements, and growing awareness among populace regarding weight loss and maintaining a healthy lifestyle. Also, the sports nutrition sector is estimated to grow at fastest pace in the years to come.

Retail stores, online stores, and other distribution channels could be explored in digestive enzyme supplements in the forecast period. Online stores sector accounted for the substantial market share of digestive enzyme supplements and is estimated to continue its dominance in the years to come. The reason behind the overall market growth could be the availability of products at great discounts.

Globally, North America accounted for the significant market share of digestive enzyme supplements and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, rising usage along with high nutritional content and reduced calorie level, and increasing awareness among populace regarding nutritional supplements. The United States is a major consumer of digestive enzyme supplements in this region.

Europe and the Asia Pacific are estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise a rise in expenditure on health nutrition and rising sports activities in the region. The developing countries like China and India are the major consumers in this region. The key players of digestive enzyme supplements market are Amway, Klaire Labs, Integrative Therapeutics, National Enzyme Company, Douglas Labs, ProteoZymes, and Metagenics. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition.

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Market Segment:

Origin Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

    • Animal

    • Plant

    • Microbial

    • Others

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

    • Additional supplements

    • Medical & infant nutrition

    • Sports nutrition

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • Japan

    • Central & South America

        • Brazil

    • MEA

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Isoflavones Market Analytical Overview, Size, Share, Growth Factors, Demand and Trends Forecast till 2025

November 03, 2021: Global Isoflavones Market is anticipated to reach USD 50.06 billion by 2025. Isoflavones are a class of flavonoids that prove to be anti-cancerous, anti-oxidant, and anti-inflammatory breast cancer cell suppressors; along with antimicrobial properties. Isoflavones play a key role in maintaining and protecting strong and healthy bones. These are mainly found in soy products and soybeans, legumes, chick peas, and peanuts.

The factors that propel the growth of the isoflavones market include rising demand in numerous applications such as food & beverages, nutraceuticals, dietary supplements, and animal feed and rising health concerns among consumers. Soy based isoflavones helps to avert the occurrence of numerous diseases such as risk of high blood pressure and cholesterol, heart diseases, and kidney diseases.

On the other hand, there are factors that may hamper the growth of the market including side effects such as headache, allergies, migraine, and cramping due to high consumption of isoflavones. Also, factors like easy availability of its alternatives and high cost of soy based isoflavones might restrain the overall growth. Isoflavones industry is anticipated to grow at a significant CAGR of 16.4 % in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Isoflavones industry may be explored by source type, application, and geography. The market may be explored by source type as soybeans and others. The “soybeans” segment led the isoflavones market in 2017 and is anticipated to maintain its dominance by 2025. The key factors that may attributed to the growth of market include easy availability, high nutrition content, and high usage of soybeans.

The key applications that could be explored in the isoflavones industry include food & beverages cosmetics, nutraceutical, and others. The “nutraceuticals” segment led the isoflavones market in 2017 and is anticipated to maintain its dominance by 2025. The key factor that may attributed to the growth of market includes high demand for pharmaceuticals and dietary supplements.

Asia-Pacific accounted for the major market share of the isoflavones in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing demand from the emerging countries such as China and India and high demand for the nutraceuticals segment. North America is anticipated to account for the second-highest revenue share in the market, due to occurrence of numerous market players in the region.

Some of the key players that fuel the growth of the isoflavones industry comprise Archer Daniels Midland Company, Alaska Spring Parma, Alpro, Cargill Health and Food Technologies, Bio-gen Extracts Pvt.Ltd, FujiccoCotd, Frutarom, Guzen Development, Future CeuticalsInc, Koninklijke DSM N, Herbo Nutra, Nutra Green Biotechnology CoLtd, Medisys Biotech Pvt.Ltd, Tradichemand Nutri Science Innovations LLC. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Global Isoflavones Source Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)

    • Soybeans

    • Others

Global Isoflavones application Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)

    • Food & Beverages

    • Nutraceutical

    • Cosmetics

    • Others

Isoflavones Regional Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

    • Central & South America

        • Brazil

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com