The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.

The inoculants market includes major product manufacturers like Corteva (US), BASF (Germany), Bayer (Germany), Novozymes (Denmark), and Verdesian Life Sciences (US).

The rise in consumption of processed foods due to the rising disposable income and the increasing end-user applications of food emulsifiers are expected to drive the overall food emulsifiers market.

The pressure on the agriculture industry to meet the growing demand for grains and food leads to the search for high-yielding farming techniques, such as precision farming and urban farming.

The increasing trend of spending on convenience food products in developing countries and multifunctional properties of sucrose esters are factors that are projected to drive the growth of the market during the forecast period.

The demand for hydrocolloids is driven by the rise in demand for convenience food from the food industry.

The initiatives taken by regulatory bodies to improve food safety across geographies is also projected to drive the market growth.

The rise in demand for feed due to the increased consumption of livestock-based products is projected to drive the growth of the market.

The growing environmental concerns and rise in demand for bioethanol and advancements in R&D activities led to the growth of the market.