Latest news with #cropprotection
Associated Press
a day ago
- Business
- Associated Press
American Vanguard Reports First Quarter 2025 Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jun 6, 2025-- American Vanguard ® Corporation (NYSE: AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the first quarter ended March 31, 2025. Financial and Operational Highlights – First Quarter 2025 versus First Quarter 2024: Other Operational Highlights: CEO Douglas A. Kaye III stated, 'The first quarter of 2025 presented a challenging environment for suppliers to the global agricultural sector, continuing trends that we have experienced over the past 18-24 months. Against a backdrop of global economic uncertainty and generally high interest rates, customers focused on managing working capital by reducing inventory and limiting procurement to a just-in-time basis. In the face of these conditions, our results for the quarter declined, as compared to last year. While I am pleased with the progress we have made, if market conditions do not improve, we will enact further cost reduction initiatives over the coming quarters. We have made meaningful improvement to our cost structure, but much of that progress is currently being overshadowed in our financial results so far this year by the continued weakness in the agricultural environment.' Mr. Kaye continued, 'The environment is beginning to improve in the second quarter, and, like most industry participants in the agricultural chemical industry, we expect the second half of 2025 to be both seasonally stronger and to benefit from improving customer order rates. We expect to realize the benefit of commercial and operational improvements that are either completed or are well underway. As we continue to transform and simplify this business, future margins will improve, and further margin enhancement in 2026 and beyond is the target.' David T. Johnson, Vice President, CFO and Treasurer, stated 'While the industry recovers from its cyclical downturn, the team has made meaningful improvement to the cost structure. We are pleased with the results from our initial efforts to contain costs and will continue to keep a tight rein on non-essential costs for the foreseeable future. In addition to minimizing operating expenses, we have made significant improvements to our balance sheet. We ended the quarter with total debt of $167 million, which was down from $187 million the prior year. Net working capital decreased to $153 million versus $238 million a year ago. We will continue to focus on strengthening our balance sheet and positioning American Vanguard for a return to growth.' Mr. Kaye concluded, 'I believe that simplifying many of the things we do will allow us to better understand what is important and to deliver against high priority tasks. My message across the organization in this regard is straightforward – SIMPLIFY, PRIORITIZE and DELIVER. If we embrace this mantra, I believe that we can reaffirm American Vanguard's position as a trusted provider of proven agricultural and environmental solutions.' The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release the matters set forth in this press release include forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'project,' 'outlook,' 'forecast,' 'target,' 'trend,' 'plan,' 'goal,' or other words of comparable meaning or future-tense or conditional verbs such as 'may,' 'will,' 'should,' 'would,' or 'could.' These forward-looking statements are based on the current expectations and estimates by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include risks detailed from time-to-time in the Company's SEC reports and filings. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements. View source version on CONTACT: Company Contact American Vanguard Corporation Anthony Young, Director of Investor Relations [email protected] (949) 221-6119 Investor Representative Alpha IR Group Robert Winters [email protected] (929) 266-6315 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK INDUSTRY KEYWORD: OTHER NATURAL RESOURCES CHEMICALS/PLASTICS FOREST PRODUCTS MANUFACTURING AGRICULTURE NATURAL RESOURCES OTHER MANUFACTURING SOURCE: American Vanguard Corporation Copyright Business Wire 2025. PUB: 06/06/2025 06:15 AM/DISC: 06/06/2025 06:13 AM
Yahoo
29-05-2025
- Business
- Yahoo
Safex Chemicals Expands Manufacturing Footprint with New State-of-the-Art Facility in Bharuch, Gujarat
To bolster production capacity, strengthen supply chain resilience, and drive R&D-led innovation in crop protection solutions The new facility will add approximately 300 direct jobs The capacity is scalable up to 80 MT per day NEW DELHI, May 29, 2025 /PRNewswire/ -- Safex Chemicals, a leading player in the specialty chemical sector, is proud to announce the commencement of operations at its newest and largest manufacturing facility in Bharuch, Gujarat. Commissioned in April 2025, the facility marks a major milestone in the company's ongoing expansion strategy and will play a pivotal role in enhancing its supply chain efficiency and product availability across key agricultural markets in India. The Bharuch facility will manufacture a wide range of liquid and powder crop protection formulations, significantly augmenting Safex's capacity to meet the rising demand from India's key agricultural belts. With the current capacity of 23,335 MT for liquid products and 51,395 MT of overall production including liquid, powder and granules across facilities in India, the new capacity will add an initial production capacity of 30 MT per day for liquid formulations, scalable up to 80 MT per day. This facility is poised to become a major hub for the company's operations, especially across western, central, and southern India. Speaking on the new facility launch, S K Chaudhary, Chairman at Safex Chemicals said, "Our new Bharuch facility marks a significant step in Safex's mission to empower farmers with innovative crop protection solutions. Centrally located, it enhances our supply chain efficiency and responsiveness across key agricultural markets in India. This facility will also act as a dedicated manufacturing base for our agritech platform, Golden Farms. Overall, it represents our seventh largest in India and eighth globally, showcasing Safex's excellence in manufacturing and innovation for both domestic and international markets." As part of Safex's commitment to technology and innovation, the Bharuch facility will feature fully automated production lines and a state-of-the-art R&D centre focused on developing advanced formulations tailored to the evolving needs of Indian farmers. The R&D centre will be pivotal in spearheading product innovations aimed at enhancing agricultural productivity and sustainability. In alignment with the company's green vision, the plant houses a 100 KW solar power unit, contributing to its energy needs through renewable sources. Additionally, Safex has ensured full compliance with environmental regulations, backed by a robust Environment, Health and Safety (EHS) training program that is integral to its operations across locations. With the current workforce of over 1550 globally, Safex will add approximately 300 direct jobs to the overall workforce. The company also remains committed to fostering strong ties with the local community through its CSR-led engagement model with transformative projects focused on holistic education, basic amenities and sports. Looking ahead, Safex plans to continuously assess opportunities for further expansion in response to growing demand. As the company continues to scale, the Bharuch facility is envisioned to be a global showcase of Safex's manufacturing excellence and innovation-led approach, supporting both domestic and international market ambitions. About Safex Chemicals Safex Chemicals is a new-age chemical enterprise redefining agriculture and specialty chemicals through innovation, integration, and scale. From empowering farmers across India with high-performance crop protection products to partnering with global innovators through advanced CDMO solutions, Safex operates across the entire value chain—delivering science with purpose. With operations in 20+ countries and a track record of strategic acquisitions, robust governance, and sustained growth, Safex has evolved into one of India's leading agrochemical platforms—driven by agility, purpose, and a bold vision for the future. For more information, please visit - View original content: Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Biotalys Appoints Luc Van fraeyenhoven as Chief Financial Officer
Seasoned Financial Executive Will Lead Finance Operations as Biotalys Pushes Product Pipeline Toward Commercialization Ghent, May 26, 2025 (GLOBE NEWSWIRE) -- Press release Ghent, BELGIUM – 26 May 2025, 07:00 CEST – Biotalys (Euronext - BTLS), an Agricultural Technology (AgTech) company developing protein-based biocontrols for sustainable crop protection, today announced the appointment of Luc Van fraeyenhoven as Chief Financial Officer (CFO). He succeeds Douglas Minder, who will pursue other career opportunities. Mr. Van fraeyenhoven will transition into the role over the next few months. With more than three decades in financial roles, Mr. Van fraeyenhoven brings significant experience as a CFO in the biotechnology and medtech industries, with a strong background leading finance operations and strategy in addition to partnering closely with the boards of various companies throughout his career. He has served as the CFO for Arseus Medical, ActoBio Therapeutics, the Akkermansia Company, and most recently with the Kebony Group. He also has extensive prior finance leadership experience with Volvo Cars, serving in roles of increasing responsibility including as CFO for the commercial entity in Europe. Simon Moroney, Chairman of the Board at Biotalys, commented: 'Luc joins us at an important juncture in the company as we continue to advance our innovative product pipeline, and we look forward to his engagement in providing financial guidance on both long-term strategies and day-to-day operations. We are grateful to Douglas for his many contributions to Biotalys, particularly as we streamlined operations and extended our financial runway. We wish him all the best as he pursues new opportunities.' Kevin Helash, CEO of Biotalys, noted: "Luc will be a valuable partner for the management and board as we continue to best position the company for the commercialization of our first products while being prudent stewards of our resources. His extensive experience with other companies in the biotechnology arena is an outstanding fit for Biotalys, and we will leverage his considerable leadership as we execute our long-term global strategy.' Luc Van fraeyenhoven, newly appointed CFO of Biotalys, said: "I am delighted to join the Biotalys team and am eager to be a partner with and resource to the entire organization. Biotalys occupies a unique position in the agricultural and biotech space, and I look forward to contributing to the advancement of this novel, sustainable technology.' Mr. Van fraeyenhoven, a native of Belgium, holds degrees in commercial engineering and transport economics from the University of Antwerp, and a master's in financial management from VLEKHO in Brussels. About Biotalys Biotalys is an Agricultural Technology (AgTech) company developing protein-based biocontrol solutions for the protection of crops and aiming to provide alternatives to conventional chemical pesticides for a more sustainable and safer food supply. Based on its novel AGROBODY™ technology platform, Biotalys is developing a strong and diverse pipeline of effective product candidates with a favorable safety profile that aim to address key crop pests and diseases across the whole value chain, from soil to plate. Biotalys was founded in 2013 as a spin-off from the VIB (Flanders Institute for Biotechnology) and is listed on Euronext Brussels since July 2021. The company is based in the biotech cluster in Ghent, Belgium. More information can be found on For further information, please contact: Toon Musschoot, Head of IR & CommunicationT: +32 (0)9 274 54 00E: IR@ Important Notice Biotalys, its business, prospects and financial position remain exposed and subject to risks and uncertainties. A description of and reference to these risks and uncertainties can be found in the annual report on the consolidated annual accounts published on the company's website. This announcement contains statements which are "forward-looking statements" or could be considered as such. These forward-looking statements can be identified by the use of forward-looking terminology, including the words 'aim', 'believe', 'estimate', 'anticipate', 'expect', 'intend', 'may', 'will', 'plan', 'continue', 'ongoing', 'possible', 'predict', 'plans', 'target', 'seek', 'would' or 'should', and contain statements made by the company regarding the intended results of its strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are warned that none of these forward-looking statements offers any guarantee of future performance. Biotalys' actual results may differ materially from those predicted by the forward-looking statements. Biotalys makes no undertaking whatsoever to publish updates or adjustments to these forward-looking statements, unless required to do so by in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Biofumigation Market Analysis,Trends, Innovations, and Growth Outlook
Biofumigation Market Overview And Outlook 2025-2034 Luton, Bedfordshire, United Kingdom, May 15, 2025 (GLOBE NEWSWIRE) -- The global biofumigation market is gaining significant momentum as agriculture transitions toward more sustainable and eco-friendly practices. Valued at approximately USD 1.2 billion in 2024, the market is projected to reach nearly USD 2.5 billion by 2034, growing at a robust CAGR of 7.5% over the forecast period (2025–2034). This growth is primarily driven by the rising global demand for sustainable crop protection, increased regulatory scrutiny around synthetic chemicals, and the growing awareness among farmers and consumers about the environmental impact of conventional fumigation practices. Get a Sample PDF Brochure: Shifting Focus Toward Eco-Friendly Solutions Biofumigation involves the use of glucosinolate-rich plants, particularly from the Brassicaceae family, as a natural alternative to chemical fumigants. These plants are either grown as cover crops and later incorporated into the soil, or their seed meals and oils are used to release isothiocyanates, naturally occurring compounds known for their pest-suppressing and soil-enriching properties. This practice has shown promising results in suppressing soil-borne pathogens, nematodes, weeds, and harmful fungi, while simultaneously improving soil health. Unlike chemical fumigants, biofumigants also help reduce environmental toxicity and enhance soil structure, making them a favored choice among both organic and conventional farmers looking to boost long-term productivity. Key Growth Drivers Sustainable Agriculture Movement: As agriculture faces increasing pressure to become more environmentally conscious, biofumigation is emerging as a powerful solution that aligns with modern regenerative farming goals. Regulatory Push for Chemical Alternatives: Governments and agricultural agencies worldwide are encouraging reduced dependence on synthetic fumigants by supporting bio-based crop protection methods, which further fuels market adoption. R&D and Product Innovation: Leading players in the biofumigation space are actively investing in the development of high-performance seed meals, oils, and green manure products that deliver consistent results in diverse climates and soil types. Worker and Consumer Safety: Biofumigants significantly reduce exposure to hazardous chemicals, offering safer alternatives for farm workers and helping producers meet rising consumer expectations for cleaner, more responsibly grown food. A Versatile Tool for Modern Farming Biofumigation is now widely recognized as a valuable tool in integrated pest management (IPM) strategies across various crops. It offers numerous benefits beyond pest suppression, including: Enhancing soil permeability and structure Increasing organic carbon and microbial activity Supporting higher yields in both organic and conventional systems This multi-functional approach makes biofumigation a cost-effective, scalable, and environmentally conscious solution for farms of all sizes. Browse full Report - Key Market Drivers 1. Surge in Organic Farming Practices With consumers increasingly opting for chemical-free food, organic farming is on the rise. Biofumigation—an eco-friendly technique using natural compounds from plants like mustard and brassicas—is proving to be a reliable alternative for soil-borne pest and disease control. This method fits well within organic farming standards, helping farmers boost productivity while preserving soil health and biodiversity. 2. Regulatory Pressure on Chemical Pesticides As global regulations tighten on the use of synthetic pesticides, biofumigants are gaining favor. Governments and regulatory bodies are encouraging the use of natural fumigants, which are not only safer for workers and consumers but also environmentally sustainable. This shift is accelerating the adoption of biofumigation across developed and emerging agricultural economies. 3. Growing Focus on Soil Health and Long-Term Sustainability Modern agriculture is increasingly prioritizing soil health as a foundation for resilient farming. Biofumigants, when incorporated into the soil, enhance microbial diversity, improve organic matter, and help suppress harmful pathogens. This long-term benefit is fostering strong interest among progressive farmers and agribusinesses alike. Key Players in the Biofumigation Landscape Some of the prominent companies leading innovation and development in this space include: BASF SE UPL Group Isagro USA, Inc. Marrone Bio Innovations, Inc. Senova P.H. Petersen Eastman Chemical Company Mighty Mustard Tozer Seeds Harley Seeds, among others. These players are focusing on product innovation, including the development of new biofumigant seed species, seed meals, and oil-based formulations, tailored to meet the rising demand for natural crop protection. Buy Now : Market Insights by Application Biofumigation serves multiple functions across various farming systems: Soil Health Improvement – Accounted for USD 0.75 billion in 2023, driven by the demand for enriched soil quality and organic matter. Pest Control – Valued at USD 0.65 billion, offering an effective tool for suppressing harmful insects and pests. Nematode Management – Represented USD 0.45 billion, targeting root-knot and soil nematodes. Disease Management – Held USD 0.4 billion, addressing soil-borne fungal and bacterial pathogens. This broad spectrum of benefits underscores biofumigation's growing relevance in modern sustainable agriculture. Mustard: A High-Demand Ingredient Among active ingredients, mustard seed stands out for its high concentration of glucosinolates, which convert into potent pest-suppressing compounds. Its use in seed meals and oils is increasing rapidly due to effectiveness in managing weeds, nematodes, and soil-borne diseases, particularly in high-value crops such as strawberries and raspberries. Market Insights by Method Soil Incorporation: Direct mixing of green manure into the soil for effective microbial activation. Cover Cropping: Often used in rotation to naturally suppress pests while improving soil fertility. Composting: A growing method for waste recycling and natural pathogen suppression. Each technique plays a pivotal role in enhancing soil vitality and reducing chemical dependency. End-Use Sectors Driving Adoption Agriculture: The core user segment, driven by the need for eco-friendly pest control. Horticulture: Rapid growth due to demand for clean produce and ornamental plant care. Landscaping: Increasing use of biofumigants in urban environments to support green initiatives. Regional Insights Asia Pacific Poised for significant growth due to rising pest outbreaks, increased awareness of sustainable practices, and strong government backing for environmentally safe farming inputs. Countries like India, China, and Australia are spearheading the regional momentum. North America Maintains a strong market presence thanks to advanced organic farming infrastructure, favorable regulatory environments, and a solid base of leading biofumigation companies such as Marrone Bio Innovations and Eastman Chemical Company. Challenges & Opportunities While the biofumigation market faces challenges such as limited awareness, higher product costs, and regulatory complexities, the long-term benefits outweigh the hurdles. Continuous investment in R&D, coupled with farmer education initiatives, is expected to close these gaps and foster stronger adoption. Key Competitors : 1. BASF SE 2. Bayer AG 3. Corteva Agriscience 4. Syngenta AG 5. FMC Corporation 6. UPL Limited 7. Certis USA 8. BioWorks, Inc. 9. Marrone Bio Innovations 10. Valent BioSciences LLC 11. Terra Genesis International 12. AgraQuest (now part of Bayer) 13. EcoSMART Technologies, Inc. 14. Green Solutions 15. Meiji Seika Pharma Co., Ltd. 16. W. Neudorff GmbH KG 17. Amyris, Inc. 18. BioSafe Systems, LLC 19. AgTech Scientific 20. FytoFend Recent Industry Developments in the Biofumigation Market 1. BASF SE – January 2023 Product Innovation for Soil Health BASF launched a novel biopesticide aimed at enhancing both soil and plant health through biofumigation. This innovative product underscores BASF's commitment to sustainable agriculture and positions the company at the forefront of eco-friendly crop protection solutions. 2. Bayer AG – March 2023 Strategic Partnership to Empower Smallholder Farmers Bayer announced a collaborative initiative with TechnoServe to promote sustainable agricultural practices, including biofumigation, across smallholder farms in Africa. This strategic move aims to improve soil health, boost productivity, and enhance the livelihoods of local farming communities through science-backed solutions. 3. Corteva Agriscience – April 2023 Acquisition to Strengthen Biofumigant Capabilities Corteva expanded its presence in the biofumigation sector by acquiring a biotechnology firm specializing in biofumigant crop varieties. This acquisition aligns with Corteva's broader strategy of delivering innovative, natural solutions to support resilient and productive farming systems. 4. Syngenta AG – May 2023 Launch of Integrated Biofumigation Solutions Syngenta introduced a comprehensive package of biofumigation solutions that integrates digital agriculture tools for enhanced application precision and field performance. This launch reflects Syngenta's focus on leveraging data-driven agriculture to maximize the impact of sustainable pest and disease management practices. 5. FMC Corporation – June 2023 Investing in Next-Generation Bio-Based Products FMC made a strategic investment in the development of bio-based pest control solutions, aiming to significantly improve the effectiveness and scalability of biofumigation. This move reinforces the company's commitment to advancing environmentally responsible crop protection technologies. 6. UPL Limited – July 2023 Joint Venture to Expand Market Reach in Asia-Pacific UPL formed a joint venture with a regional agritech firm to introduce and scale biofumigation practices across key Asia-Pacific markets. This partnership is focused on offering growers effective, eco-friendly alternatives to chemical fumigants, while enhancing regional food security and environmental stewardship. Biofumigation Market Segment Analysis By Type of Biofumigants - Mustard and Other Brassicas - Non-Brassica Crops - Biocontrol Agents By Application - Agricultural Crop Protection - Soil Health Improvement - Pest and Nematode Control By Formulation - Solid Formulations - Liquid Formulations - Granular Formulations By End-use - Fruits and Vegetables - Field Crops - Turfs and Ornamental Plants By Distribution Channel - Direct Sales - Distributors/Wholesalers - Online Sales By Region - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa This report is also available in the following languages : Japanese (バイオ燻蒸市場), Korean (생물 훈증 시장), Chinese (生物熏蒸市场), French (Marché de la biofumigation), German (Markt für Biofumigation), and Italian (Mercato della biofumigazione), etc. Get a Sample PDF Brochure: More Research Finding – United States Green Polyol & Bio Polyol Market The United States green polyol and bio polyol market is poised to reach a value of approximately $1.2 billion in 2024, driven by increasing demand for sustainable materials in various applications, particularly in the foam and coatings industries. From 2025 to 2034, the market is projected to expand at a compound annual growth rate (CAGR) of 10.5%. Packaged Fruit Juice Market Packaged Fruit Juice market is valued at approximately $172 billion and is projected to reach about $245 billion by 2034. This growth represents a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2025 to 2034. Gypsum Agriculture Market The global gypsum agriculture market is valued at approximately $1.5 billion in 2024, with a projected growth to around $2.5 billion by 2034. This translates to a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period from 2025 to 2034. Agriculture Inputs Testing Market The global Agricultural Inputs Testing Market is estimated to be valued at approximately $12 billion in 2024, with projections indicating it will grow to around $20 billion by 2034. This reflects a Compound Annual Growth Rate (CAGR) of about 6.0% during the forecast period from 2025 to 2034. Food Basket Market The global Food Basket market is valued at approximately $200 billion in 2024, with projections indicating robust growth to reach around $300 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2025 to 2034. Delivery And Takeaway Food Market Delivery and takeaway food market is valued at approximately $150 billion and is projected to reach around $300 billion by 2034. This growth translates to a robust Compound Annual Growth Rate (CAGR) of about 7.5% during the forecast period from 2025 to 2034. Paddy Rice Market The global Paddy Rice market is valued at approximately $450 billion in 2024, with expectations to reach around $600 billion by 2034, reflecting a significant growth trajectory. This indicates a compound annual growth rate (CAGR) of around 3.1% during the forecast period from 2025 to 2034. CBD Beverage Market The CBD Beverage market is projected to reach an estimated value of $3.6 billion in 2024, driven by increasing consumer interest in wellness products and the shifting perception of hemp-derived CBD. Analysts forecast a robust growth trajectory, predicting market value to expand to approximately $12 billion by 2034, resulting in a Compound Annual Growth Rate (CAGR) of around 13% during the 2025–2034 period. Brewer's Yeast Supplement Market The Brewer's Yeast Supplement market is anticipated to reach a value of approximately $500 million in 2024, driven by increasing health awareness and a surge in demand for natural dietary supplements. As consumers gravitate towards holistic health solutions, the market is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2034. Flavored Snack Pellet Market The global Flavored Snack Pellet market is projected to reach a value of approximately $3.8 billion in 2024, driven by increasing consumer demand for convenient and flavorful snacks. Forecasted growth will see the market expanding to around $6.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.5% during the period from 2025 to 2034. A2 Dairy Product Market The A2 Dairy Product market is projected to reach approximately $4.5 billion in 2024, driven by increasing consumer awareness of health benefits associated with A2 proteins. Forecasts suggest robust growth, positioning the market value to reach an estimated $8 billion by 2034. This indicates a Compound Annual Growth Rate (CAGR) of about 6.5% from 2025 to 2034. Vegan Salad Dressing Market The global Vegan Salad Dressing market is valued at approximately $1.2 billion in 2024, with projections suggesting it may reach around $2.5 billion by 2034. This indicates a strong growth trajectory, supported by an estimated Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period from 2025 to 2034. Vitamin Yeast Market The global Vitamin Yeast Market is poised to reach an estimated value of $1.2 billion in 2024, driven by rising consumer demand for fortified food products and nutritional supplements. The market is anticipated to grow significantly, with a projected value of $2.4 billion by 2034, reflecting robust expansion within health-conscious demographics. Wheat Malt Market Wheat Malt Market is valued at approximately $3.5 billion and is poised for significant growth over the next decade. Forecasts suggest that the market will reach around $5.8 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.2% during the 2025-2034 period. Vegetarian Taco Market The Vegetarian Taco market is poised for substantial growth, currently valued at approximately $2 billion in 2024. As the popularity of plant-based diets rises, the market is projected to reach around $4.5 billion by 2034. This growth indicates a robust Compound Annual Growth Rate (CAGR) of about 8.5% during the forecast period from 2025 to 2034. Flavored Butter And Oil Market The Flavored Butter And Oil market is expected to reach a substantial value of approximately $3.2 billion in 2024. The growth trajectory is promising, with projections indicating a market value of around $5.6 billion by 2034. This suggests a Compound Annual Growth Rate (CAGR) of about 6.1% during the forecast period from 2025 to 2034. Flavouring Agent Market The global flavoring agents market is valued at approximately $28.5 billion in 2024, driven by the rising demand for natural and organic flavors in food and beverage applications. The market is projected to grow significantly, reaching an estimated $42 billion by 2034, reflecting a robust CAGR of around 4.5% during the forecast period (2025–2034). Flavored Plant-Based Yogurt Market The global flavored plant-based yogurt market is poised for substantial growth, with an estimated market value of approximately $3.5 billion in 2024. Projections indicate this segment could reach about $7.1 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of around 7.8% during the forecast period from 2025 to 2034. Vegan Sauce Market The Vegan Sauce market is valued at approximately $1.2 billion in 2024, with projections suggesting it will reach around $2.5 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of about 8.1% during the forecast period of 2025 to 2034. Packaged Honey Market The global Packaged Honey market is valued at approximately $12.5 billion in 2024, with projections indicating a robust growth trajectory that anticipates reaching around $21 billion by 2034. This reflects a compound annual growth rate (CAGR) of about 6.1% during the forecast period from 2025 to 2034. CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12-05-2025
- Business
- Associated Press
Passage of New Georgia Bill a Win for Farmers
ST. LOUIS--(BUSINESS WIRE)--May 12, 2025-- Farmers and others in agriculture applaud Governor Brian Kemp and the Georgia General Assembly for supporting the crop protection tools so important to Georgia's farmers' ability to produce affordable, safe, abundant food. With Governor Kemp signing SB 144, Georgia has taken the step to re-affirm the authority of the U.S. Environmental Protection Agency's (EPA) scientific rulings on the safety of crop protection products. 'The signing of SB 144 by Governor Kemp demonstrates that Georgia stands with its farmers, who work tirelessly to produce safe and affordable food for communities throughout the state. We thank Governor Kemp and the legislators, farmers and ag groups that supported this important piece of legislation,' said Brian Naber, president, Crop Science North America & Australia/New Zealand Region. 'At Bayer, we are committed to developing agricultural innovations that help farmers thrive. This is important not only for Georgia's farmers and American agriculture, but also the everyday American worried about the cost of groceries, which could increase if these vital tools went away. We hope states around the country considering similar legislation will also support farmers and the tools critical to their success.' This legislation would directly address – and reinforce – the integrity of the regulatory process and ensure that the EPA's thorough and scientifically based conclusion are adhered to and would further reinforce the health and safety warning labels, which are supported by an extensive regulatory process. We hope the courts will apply this legislation appropriately. Ultimately it will be up to the courts to decide on how they interpret the law, but we're optimistic that it will reinforce the legal certainty regarding claims about the warning label. The passage of SB 144 is possible because of the efforts from lawmakers, commodity groups, farmers and Georgians alike who are committed to the success of Georgia's farms, which along with related industries contribute more than $91 billion to the state's economy. Glyphosate-based herbicides have revolutionized farming by effectively and safely managing weeds, which are among the biggest factors impacting farm yields and the ability to use sustainable farming methods. Like all crop protection products, glyphosate has been subject to rigorous testing and oversight and the EPA and all leading regulatory bodies around the world have repeatedly found glyphosate-based products are safe to use as directed. The newly passed legislation ensures that when the EPA makes its scientifically based conclusions about the label required for a product, that stands and is consistently adhered to. To learn more about glyphosate, visit: View source version on CONTACT: Contact for media inquiries: Brian Leake 314.370.3285 Email:[email protected] KEYWORD: UNITED STATES NORTH AMERICA MISSOURI GEORGIA INDUSTRY KEYWORD: BIOTECHNOLOGY HEALTH OTHER HEALTH ENVIRONMENTAL ISSUES PUBLIC POLICY/GOVERNMENT OTHER SCIENCE OTHER NATURAL RESOURCES ENVIRONMENT SUSTAINABILITY AGRICULTURE NATURAL RESOURCES SCIENCE STATE/LOCAL OTHER POLICY ISSUES SOURCE: Bayer Copyright Business Wire 2025. PUB: 05/12/2025 09:32 AM/DISC: 05/12/2025 09:31 AM
