North America Cold Chain Market Analysis, Growth Impact and Demand by Regions till 2025

11 Sep 2018 – North America Cold Chain Market is anticipated to reach USD 118.51 billion owing to the developments in packaging methods due to expansion of trade over the years. Cold chain is the system for maintaining and distributing perishable food items, vaccines and other biologicals in good condition. Most perishable foods, and vaccines which are also termed as Cool Cargo are sensitive to freeze & heat and hence, must be kept at the suitable temperature from the time they are manufactured until they are used. Cold chains hold a series of storage and transport links which are designed to keep these items within an acceptable range until it reaches the consumer.

North America cold chain industry is persistent due to the growing demand for goods with supply chains like fresh vegetables, dairy products, fruits and vegetables, etc. and rightly established cold supply chains. Moreover, the speedy growth in international trade of perishable food products, technological advancements in refrigerated transport and storage, infrastructure progress support by government and the rise in enlargement of food retail chains by multinational businesses are the major drivers of the market.

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Conversely, requirement of high energy and costly infrastructure are few growing concerns for the cold chain service providers. The high energy consumption cost has increased the operational cost for the market players. The increase in competition among market players and demand for cold storage has pressurized the players to expand their logistics facilities, which is not easy with rising infrastructure prices. Besides, environmental issues like greenhouse gas emissions are restraining the growth of the market.

One of the major trends emerging in North America cold chain market is the focus on energy-conservation practices. The market players in the segment are adopting several tools & strategies to be more energy conservative. The latest trend prevailing in the market is the use of CO2 cascade system. Here, two refrigerants are used in one refrigeration system where one refrigerant cools the other refrigerant. Studies have revealed that macro developments in North America like rise in population, increased food wastage, and rise in organized retail sector are stimulating the demand for cold chains for food preservation, thereby impacting the market in the near future.

North America cold chain industry is categorized on the basis of ingredient type, temperature type, application, and geography. By the ingredients type, the market is divided into colorants, enzymes, salts yeasts, and flavors and others. Further, yeast can be segmented as top-fermenting and bottom-fermenting.

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On the basis of temperature type, North America cold chain market is classified into frozen and chilled segment. Frozen segment is expected to rise significantly in the forecast period owing to the increasing demand for the frozen items rather than the chilled items.

In terms of application, North America cold chain industry is segmented as dairy & frozen desserts, bakery & confectionery products, fruits & vegetables, fish, meat, and seafood products, and others. Dairy & frozen desserts segment is predicted to hold larger share of the market due to economic growth and rapid urbanization. Geographically, North America cold chain market is segmented as United States and Canada. Globally, North America ranks second in terms of using the cold chain systems.

The prominent players in North America cold chain industry comprise Americold Logistics, LLC, AGRO Merchants Group, Henningsen Cold Storage Company, United States Cold Storage, Inc., Cloverleaf Cold Storage, Wabash National Corporation, Nordic Logistics and Warehousing, Burris Logistics Inc., LLC, Preferred Freezer Services, and Lineage Logistics Holdings LLC.

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Egg Phosphatidylcholine Market Leading Players Analysis, Market status and Forecast Up To 2020

Industry Insights

Global Egg Phosphatidylcholine Market is expected to reach USD 12.2 million by 2020. Egg phosphatidylcholine is extracted from egg lecithin using chemical or mechanical methods using hexane. Cell membrane is majorly composed of phosphatidycholine and moves from one cell membrane to another within a cell due to a protein called phosphatidylcholine transfer protein. It is majorly used in cosmetics industry, dietary supplements and healthcare industry.

Rising old age population, the demand for phosphatidycholine is projected to increase as it enhances the functioning of digestive system by improving the functionality of liver. ‘Soy allergy’ is estimated to be amongst the nine most common form of food allergy by the Asthma and Allergy Foundation of America, which give an advantage to egg phosphatidylcholine in dietary supplements. Choline a key ingredient of egg phosphatidylcholine and is approved by Food and Drug administration of USA as daily dietary supplement owing to its numerous medical benefits such as brain development of fetus during pregnancy, atherosclerosis and neurological functioning. It also helps in enhancing solubility of pharmaceutical active ingredients thereby increasing their use in pharmaceutical industry.

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Egg phosphatidycholine is heavily used in cosmetic industry as it possesses properties such as emulsification which makes it suitable to be used in topical creams. It aids in restricting cellular damage of skin structure and also provides smoothness and elasticity to the skin. Other properties such as low toxicity and high skin compatibility, egg phophatidycholine are used as a treasured raw material for the cosmetic industry. Moreover, with the increase in use of cosmetics the market for egg phosphatidycholine is projected to grow.

However, with easy availability of less expensive substitutes such as mustard, soybean and sunflower from which phosphatidycholine can be extracted easily, is expected to hinder market growth. In addition, extraction from egg yolk is a complicated and expensive process which is further expected to restrict market growth.

Application Insights

Some of the major applications of egg phosphatidycholine include pharmaceutical, dietetic supplement, and cosmetics. It is used as a solubilized, moisturizer, and emulsifier for various ointments, used for maintenance and beautification of the skin. In addition, properties such as high stability against exposure to light and against oxygen, makes it suitable to be used in cosmetics. Egg phosphatidylcholine stabilized soybean oil emulsions also known as Intralipid. These are employed as lipase substrates. These are also used as human parenteral nutrition thereby making it an essential compound in medical industry. Choline finds wide scale application in medical industry such as treatment of neurological atherosclerosis and other neurological related disorders. Egg phosphatidycholine is a major source of choline. The presence of choline in egg phosphatidycholine is expected to boost the demand for egg phosphatidycholine in dietetic food, due to rising awareness among people about the high nutritional content foodstuffs.

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Regional Insights

High demand for cosmetic products form countries such as France, Italy, Germany and United Kingdom has resulted in high demand for egg phosphatidycholine. Moreover, due to its ability to enhance functioning of liver, its demand is expected to rise further. In North America, the demand for egg phosphatidycholine was due to the presence of companies catering to dietetic supplement segment in the region. Emerging economies such as India and China in Asia Pacific are expected to augment the demand egg phosphatidycholine.

Competitive Insights

Some of the major market players in the industry include NOF America Corporation, Nutrasal Inc, Natural Factors, Jena Bioscience GmbH, Kewpie Corporation, Avanti Polar Lipids Inc, Harmony Whole Foods Market, Lipoid, and Vitamin Research Products. The market is highly consolidated due to presence of less number of manufacturers. Moreover, fluctuating prices of raw material will deter entry of new players in the market.

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Corn Wet Milling Market Growth, Overview, share, Trend Analysis and Forecasts 2025

The Corn Wet Milling Market is expected to grow globally at a considerable CAGR over the forecast period. Key drivers for this market are the burgeoning demand for High Fructose Corn Syrup (HFCS) in processed beverages and food, MEAI – based animal feed products, prolific use of corn starch in sundry applications, and corn ethanol in biofuel. On the other hand, high energy consumption and the large capital investment needed are restraining market growth. Hazardous emissions which are a by-product of the process pose to be a challenge for the market. The market ecosystem is comprised of corn product manufacturers, regulatory bodies, and the end user industries. This is a horizontal market with different industry verticals including food & beverages, animal feed, pharmaceuticals, healthcare, textiles, and personal care.

Corn wet milling process involves production of corn oil, corn starch, fiber, and protein from corn. The chronological steps in corn wet milling process are cleaning, steeping, germ recovery, fiber recovery, Gluten recovery, starch processing, and co-product manufacture. Thus, four main components – starch, fiber, germ, and gluten (protein) are separated. The protein rich extract produced from steeping is used in animal feed and probiotic products. Oil is recovered from germ and used in corn margarines, and the residual germ feed is a good source of amino acids used in animal feed for adding nutrients.

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Fiber recovered is known as Gluten feed which is used as edible corn fiber and in animal feed. Millstarch obtained during gluten recovery is used in zein products. Co-product is manufactured by mixing fibre, concentrated steepwater, and germ meal, and is termed as corn gluten feed. The ongoing research for improving the corn wet milling process includes adding protease enzymes and phytic acid degrading enzyme during steeping process to reduce steeping time, and has presented a two-stage procedure.

Corn wet milling market is segmented on the basis of application, source, end product, equipment, and the geographical region. The segments based on application are feed, food, and industrial. The segments based on source are waxy corn and dent corn. End products are starches, ethanol, sweeteners, gluten meal, gluten feed, step liqor, corn oil, and corn germ meal. Equipment based segments include milling equipment, washing and filtration systems, steeping equipment, centrifuge systems, and other equipment.

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Amongst the application based segments, feed application leads the current market. This can be attributed to growing demand for feed containing animal proteins in the meat industry, and gluten meal has abundant proteins. Dent corn is widely used for producing corn syrup and ethanol. Centrifuge systems used for starch recovery have so far dominated the market. Sweeteners hold the largest market share and will continue to ace the market in the forecast period. Application of corn sweeteners in the food industry is driving market growth. North America currently leads the corn wet milling market due to presence of various end user industries. Asia Pacific is expected to have a linear growth over the forecast period. China and Brazil are considered to be lucrative markets in the forecast period.

Key players in the corn wet milling industry are Ingredion Inc, Global Bio-chem Group of Companies Ltd, Cargill, Agrana, Tate & Lyle, Bunge, Roquette Freres, China Agri Industries Holdings Ltd, Grain Processing Corporation and Archer Daniels Midland Company. Amongst the latest M&A activity, Archer Daniels Midland Company acquired Eaststarch CV in April 2015 and Tate & Lyle PLC in February 2016. Roquette Freres acquired Riddhi Siddhi Gluco Biols Ltd in 2012, Jungbunzlauer Swiss AG acquired Ingerdion’s corn wet milling facility in Canada in December 2015, Agrana acquired SCAGFD Tandarei SRL in 2002.

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