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Showing posts from June, 2024

India Jute Bags Market Thrives on Increasing Demand for Biodegradable Packaging

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Growth in research and development activities is expected to drive the India Jute Bags Market growth in the forecast period, 2025-2029.  According to TechSci Research report, “ India Jute Bags Market -  By Region, Competition, Forecast and Opportunities, 2019-2029 ”, the India Jute Bags Market was reached reach USD 286.48 million by 2023 and is anticipated to project robust growth to reach USD 286.48 million with a CAGR of 4.52% through 2029.  Government initiatives focused on promoting the use of jute bags have significantly influenced the favorable market conditions in the India Jute Bags Market. Several factors contribute to the growth of various jute bag products, with recent developments indicating a strategic shift towards eco-friendly packaging solutions. Notably, the government has recently sanctioned a proposal mandating the use of jute packaging for all food grains. This initiative not only underscores a commitment to sustainable practices but also aims to bolst...

Precision Fermentation Market Propelled by Rising Adoption of Veganism and Cultured Meat Production

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In the Asia-Pacific, collaborations between local and multinational players, research bodies, and governments drive precision fermentation innovation and market growth. According to TechSci Research report,  “ Precision Fermentation Market  - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2019-2029F ” , the Global Precision Fermentation market stood at USD 588.37 in 2021 and is anticipated to grow with a CAGR of 33.01% in the forecast period, 2025-2029. The major factors driving the growth of Precision Fermentation Market include decreasing dependency on animal-based food, growing adoption of being vegan, Cultured meat production. Significant advancements in biotechnology and genetic engineering have paved the way for the development of precision fermentation technologies. These technologies enable precise control and manipulation of microorganisms to produce desired proteins and ingredients with enhanced functionalities. The capability to op...

Bamboo Market Driven by Increasing Demand for Natural Products and in Construction

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Rise in demand for natural products and increasing demand of bamboo in construction is expected to drive the Global Bamboo Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ Bamboo Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Bamboo Market stood at USD 59.80 Billion in 2022 and is anticipated to grow with a CAGR of 4.61% in the forecast period, 2024-2028. The global bamboo market is driven by a multitude of factors. The versatility of bamboo as a raw material is a key driver. Its uses range from construction and textiles to food and bio-energy production. Its rapid growth and regenerative properties make bamboo a sustainable alternative to timber, thus appealing to an increasingly eco-conscious market.  Additionally, the rising popularity of bamboo in the home decor and furniture industry contributes to the market growth. The global bamboo market is experien...

India Pesticide Market Poised for Growth with Rise in Contract Farming and Pest Detection Innovations

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Increase in contract farming and advances in pest detection & prediction technologies is expected to drive the India Pesticide Market growth in the forecast period, 2026-2030. According to TechSci Research report, “ India Pesticide Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F ”, the India Pesticide Market was valued at USD 321.52 Million in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 8.01%. The India pesticide market is primarily driven by several key factors, with the increasing population and its subsequent demand for food at the forefront. To meet this rising demand, there is an imperative need for high crop yields, which has led to a significant increase in the utilization of pesticides across the agricultural sector. The growing awareness among farmers about the benefits of pesticides in ensuring crop health and enhancing productivity has also played a pivotal role in driving mark...

Frass Fertilizer Market Benefits from Rising Interest in Organic Goods

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High cost of organic fertilizer and rising demand of organic products is expected to drive the Global Frass Fertilizer Market growth in the forecast period,  2025-2029 . According to TechSci Research report, “ Frass Fertilizer Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2019-2029F ”, the Global Frass Fertilizer Market stood at USD 96.11 Million in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.94% through 2029. The growth of the global frass fertilizer market can be attributed to the rising demand for organic foods, increasing trend of insect farming which is utilized both for food and feed, and high cost of organic fertilizers. The insect farming industry has experienced significant growth in recent years, driven by the demand for insect-based products in various sectors, including agriculture. Insect farms produce not only fertilizers but also animal feed, food products...

India Seaweed Market: Dry Form Seaweed Segment Set to Lead Market Dynamics till 2028

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Rising demand from farmer for production of more crops and favorable government policies are the factor that drive the demand for the India Seaweed market in the forecast period, 2023-2028. According to TechSci Research report,  “ India   Seaweed Market - By Region, Competition Forecast and Opportunities, 2018-2028",  The Indian seaweed market is anticipated to increase at an impressive rate in the forecast period, 2024-2028. Seaweed is marine algae that are green, brown, or dark red in color that grows in seashores and holds ample minerals and nutrients. Due to its antibacterial, antiviral, and antitumor effects, it is used in different applications and gaining demand from end users for medicinal, agricultural, food, cosmetics, fuel, and other purposes. Growing people's awareness to protect the environment and lower carbon emissions awareness is going to propel the market. The volatile cost of product & chemical penetration in sea plants is expected to obstruct...

India Corn Market Poised for Growth Driven by Increased Corn Product Exports and Contract Farming Emergence

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Increase in export of corn products and emergence of contract farming is expected to drive the India Corn Market growth in the forecast period, 2026-2030. According to TechSci Research report, “ India Corn Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030 ”, the India Corn Market stood at USD 1.29 Billion in 2024 and is anticipated to grow with a CAGR of 7.74% in the forecast period, 2026-2030. The drivers of the Indian corn market are multi-faceted, reflecting the diversity and complexity of the country's agricultural sector. Key factors include the growing demand for corn-based food products, increasing livestock feed utilization, and the rising use of corn in biofuel production. Government initiatives to boost corn production, such as providing farmers with improved seed varieties and promoting sustainable farming practices, also contribute to market growth. Market fluctuations and international trade policies can impact the corn mar...

India Seeds Market Growth Propelled by Farmer Awareness on Hybrid Seed Benefits

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Rising awareness among the farmers regarding the benefits of using hybrid seeds is driving the growth of India seeds market in the forecast period, 2025-2029. According to TechSci Research report,  “ India Seeds  Market  –  By Region, Competition, Forecast and Opportunities, 2029 ” , India seeds market stood at USD 3,914.36 million in 2023 and is anticipated to grow with CAGR of 7.41% in the forecast period. This can be ascribed to the rising awareness among the farmers related to the benefits of using hybrid seeds. Seed is defined as a fertilized ovule, which contains the plant embryo. It is a mature ovule that consists of an embryo or a miniature undeveloped plant and food reserves, all enclosed within a protective seed coat. The Indian agricultural sector is facing the challenge of increasing population and decreasing arable land. This has led to an increased demand for high-yielding seeds that can help farmers to increase their crop productivity. H...

Egypt Animal Feed Market: Growing Alongside Population Rise and Urbanization

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Egypt Animal Feed Market is increasing owning to the increase in population and urbanization in the country. According to TechSci Research report,  “ Egypt Animal Feed Market - By Region, Competition, Forecast and Opportunities, 2018-2028",  the Egypt Animal Feed market is anticipated to increase at an impressive rate in the forecast period 2024-2028. Egypt Animal Feed market is expected to grow impressively through 2028 owing to increase in population and urbanization in the country. Animal feed is a crucial aspect of modern animal husbandry, as it plays a vital role in the growth and health of livestock, poultry, and aquaculture. Animal feed is a mixture of various ingredients that provide the necessary nutrients for animals to grow, produce milk or eggs, and maintain their health. Animal feed is a vital component of animal agriculture, as it provides the necessary nutrients for animal growth, health, and productivity. The ingredients and composition of animal feed var...

UAE Fertilizer Market: Projected CAGR of 4.34% until 2028

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Growth in research and development activities is expected to drive the UAE Fertilizer Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ UAE Fertilizer Market – By Region, Competition, Forecast and Opportunities, 2018-2028F ”, the UAE Fertilizer Market stood at USD374.62 million in 2022 and is anticipated to grow with a CAGR of 4.34% in the forecast period, 2023-2028. The initiatives taken by government based on fertilizer has led to favorable market conditions for the UAE Fertilizer Market. Several factors contribute to the growth of various fertilizer market products.  Abu Dhabi's oil giant ADNOC is taking a significant step towards reducing carbon emissions and embracing clean energy. As part of their efforts, ADNOC plans to install a 10-tonnes-per-day carbon capture unit at a nitrogen fertilizer plant. This innovative initiative, developed by UK-based Carbon Clean, will not only help curb greenhouse gas emissions but also contribute to the...

India Indoor Plants Market: Technology Integration Boosts Growth

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Rising popularity of rare and exotic varieties and integration of technology in indoor gardening is expected to drive the India Indoor Plants Market growth in the forecast period, 2026-2030. According to TechSci Research report, “ India Indoor Plants Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030 ”, the India Indoor Plants Market stood at USD 250.41 Million in 2024 and is anticipated to grow with a CAGR of 8.45% in the forecast period, 2026-2030. The growth of the indoor plants market in India is primarily driven by several key factors. The increasing awareness concerning environmental sustainability and the benefits of indoor plants in air purification have fueled demand. The rising interest in interior decoration and the use of indoor plants for aesthetic appeal contribute to market growth. The trend of urban gardening, particularly in densely populated cities, is also a significant factor. The influence of digital m...