Citrus Pulp Fiber Market Witness to Grow Remarkable CAGR of ~5.0% by 2030 | FMI - PowerPoint PPT Presentation

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Citrus Pulp Fiber Market Witness to Grow Remarkable CAGR of ~5.0% by 2030 | FMI


Rising at a CAGR of ~5.0% the global citrus pulp fiber market will surpass US$ 61.3 Mn mark by 2030. The market, according to Future Market Insights, will witness positive rate of growth during 2020 - 2030. Increasing consumer understanding of food safety has contributed to the utilization of ingredients, such as citrus pulp fiber, which helps in controlling body metabolism and digestion. – PowerPoint PPT presentation

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Title: Citrus Pulp Fiber Market Witness to Grow Remarkable CAGR of ~5.0% by 2030 | FMI

Biochar Fertilizer Market Size to Reach Revenues
of around US 3,714.3 Mn by 2030 FMI Report
  • June 2020

Report Id REP-GB-11606 Published On
2020-05-18 Category Food and Beverages
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Biochar Fertilizer Market Analysis
Over the years, sustainable agricultural
practices have acquired immense importance.
Increased tendencies towards utilizing inorganic
fertilizers has drastically degraded soil
quality, leading to inferior agricultural output.
Concerned by this, farmers have made conscious
attempts to wean off of such harmful chemicals.
They have realized that the opportunity cost of
soil fertility loss in the wake of faster yields
is not worth it. Therefore, a shift towards
organic farming has been witnessed. On the back
of this, the biochar fertilizer market shall
exhibit a robust growth outlook in the forecast
period 2020-2030. Biochar fertilizers is slated
to find greater acceptance as concerns for the
environment grows with each passing day.
Governments have formulated coherent stringent
policies and enacted legislations to counter
environmental degradation. Countries are
wholeheartedly encouraging use of biochar
fertilizers in agriculture, broadening its
prospects. However, the COVID-19 pandemic has
impeded growth prospects, with production
facilities being inhibited due to curbs on
economic activities to contain the virus.
Consequently, a stagnancy is anticipated over the
short-term forecast.
Biochar Fertilizer Market Analysis
  • "Burgeoning awareness about the benefits of
    organic fertilizers has prompted consumers to opt
    for biochar fertilizers over chemical ones.
    Temporary cessation of production attributed to
    COVID-19 shall hamper market prospects in the
    near future. Market players are putting their
    best foot forward to ensure minimal supply chain
    disruptions to ensure continuity of operations,"
    says a leading FMI analyst.
  • Biochar Fertilizer Market- Key Takeaways
  • Agriculture is the primary end use of the biochar
    fertilizer market, attributed to the growing need
    of maintaining soil fertility
  • Demand for organic food products among consumers
    is expected to broaden market prospects
  • North America will enjoy lion's share in the
    biochar fertilizer market, followed by Europe.
    Government initiatives to introduce stringent
    environmental protection protocols will drive
    market growth
  • A double-digit CAGR is predicted across the
    forecast period, reaching a value of US 3,714.3
    Mn by 2030-end from US 954.0 Mn in 2020
  • Prevalence of technologies such as pyrolysis has
    augmented demand for biochar fertilizers.

Biochar Fertilizer Market Analysis
  • Biochar Fertilizer Market- Key Driving Factors
  • Collaborations with research groups and
    institutions across rural areas in China, Brazil,
    Japan and Mexico has augmented usage of biochar
    fertilizers on a large scale.
  • Growth of the biochar fertilizers market is also
    supported by the fact that people prefer to eat
    more organic food to supplement their dietary
    needs as well as avoid contracting chronic
  • Foray into other end-use industries such as
    electricity generation will open new avenues in
    the future.
  • Biochar Fertilizer Market- Key Restraints
  • Market penetration in gasification technologies
    shall remain limited, and may also lose market
    share owing to instability of biochar released in
    the process.
  • Supply chain disruptions experienced during
    COVID-19 pandemic lockdown shall impair
    production capacities of key units.

Biochar Fertilizer Market Analysis
Anticipated Impact of the COVID-19 Outbreak The
coronavirus pandemic has upset the world's
economic cart. Nationwide lockdowns imposed to
contain the spread of the pandemic has generated
a recessionary pattern across multiple
industries. The biochar fertilizer market is
among the markets which have been adversely
affected. Social distancing measures have
compelled farmers to remain indoors. This has
reduced farming activity, causing a dip in the
demand for biochar fertilizers. However, growth
is anticipated to pick up pace eventually.
Countries such as China and India have eased
restrictions imposed during the lockdown,
enabling production cycles and supply chains to
revert to normalcy.
Biochar Fertilizer Market Analysis
As logistical capabilities rebound, key
manufacturers will find it easier to import the
raw materials required to produce biochar,
offsetting the current demand-supply gap.
Presently, manufacturers are looking to leverage
their existing supply chains by resorting to
staggered work timings for their on-site staff,
ensuring basic social distancing protocols,
regular temperature screenings of employees and
mandatory sanitizing and washing of hands by
employees over regular intervals. Such measures
have helped the biochar fertilizer market remain
afloat during the pandemic. Press release
Source https// Competition
Landscape Highly fragmented, the biochar
fertilizer market is characterized by the
presence of a large number of market players.
These include Pacific Pyrolysis Pty Ltd., Full
Circle Biochar, Diacarbon Energy Inc.,
BlackCarbon, Swiss Biochar GmBh, Carbon Terra,
The Biochar Company (TBC), ECOSUS, Cool Planet,
Interra Energy, Element C6, Vega Biofuels and
Biochar Now to name a few.
Biochar Fertilizer Market Analysis
Formation of robust distribution channels by
collaborating with other players is a primary
growth strategy adopted by these companies.
Moreover, some companies such as Phoenix Energy,
Cool Plant Power Systems and Pacific Pyrolysis
provide pyrolysis technology to address
manufacturer energy solutions. This provides them
with a competitive edge over others. More about
the Biochar Fertilizer Market FMI's 200-page
market research report offers comprehensive and
unbiased insights on the biochar fertilizer
market. The report incorporates historical as
well as forecast data from 2020 to 2030 and is
divided into two segments by product type and by
application. By product type, the market is
segmented into organic, inorganic and compound
fertilizers. In terms of application, the market
is divided into animal feed, agriculture, fish
farming and others (water management and animal
husbandry). The market also includes a detailed
regional analysis, incorporating the
abovementioned segments. These regions include
North America, Latin America, Europe, East Asia,
South Asia, Oceania and Middle East Africa
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