North America Cold Storage Market To Reach $68.23 Billion By 2025: Grand View Research, Inc.

The North America cold storage market size is estimated to reach USD 68.23 billion by 2025, according to the new report by Grand View Research, Inc., expanding at a CAGR of 9.9% during the forecast period. Technological advancements in cold storage warehouses are stimulating the growth of the market. Increasing automation is changing the conventional warehouse operations, enabling companies to maximize their output. Growing penetration of robotics applications, automated material handling equipment, and high-speed conveyor systems help in achieving the order accuracy.

Rising awareness concerning the low ozone depletion potential (ODP) and low global warming potential (GWP) refrigerants to tackle environmental and social facets along with increasing demand for energy-efficient natural refrigerants are the key factors driving the market. Inorganic refrigerants such as ammonia, CO₂, and hydrocarbon-based refrigerants are the most popular natural refrigerants that are being increasingly preferred by end users for their energy efficiency, low cost, and low GDP & ODP.

High running costs, capital investment, and scalability of different picking methods are the key factors restraining the market over the projected period. Additionally, advanced automation, software system, and high-tech advancements in tracking systems and warehousing have led to high requirement of skilled labor. Dearth of skilled labor can restrict the market from realizing its utmost potential.

Compared to other revenue-generation streams for real-estate firms, the North America cold storage construction market is smaller in size. From the ownership’s perspective, potential developers and real-estate firms may want to consider investing in cold storage facilities owing to their growing population in the region. Furthermore, there will be a bidding war among investors to acquire Class A (high-quality or newly-constructed building located in central business areas and draws the highest rent) traditional warehouse space in the U.S. and Canada. To avoid such situation, real-estate firms can invest in developing a class B (older than class A buildings and draws less rent compared to class A) warehouse as the cold storage facility.

Key companies operating in the market are Lineage Logistics; Americold Logistics LLC; Burris Logistics, Inc.; Cloverleaf Cold Storage Company; and VersaCold Logistics Services. In addition to cold storage services, market players are providing value-added activities such as food processing and harvesting to increase the product life of fresh foods.

Browse full research report on North America Cold Storage Market: www.grandviewresearch.com/industry-analysis/north-america-cold-storage-market                                         

• Service providers have enhanced their efforts to safeguard temperature-controlled products from potential tampering or any malicious actions with food products
• The close proximity of warehouses to transportation hubs such as airports, seaports, and major highway interchanges is likely to enable service providers to improve their efficiency by shipping products on time
• Stringent government regulations are encouraging manufacturers to develop rigorous practices and service providers to make investments for improving their infrastructure in order to obtain safety certifications
• In 2016, the frozen segment held the largest share in terms of revenue in the North America market and is expected to maintain its dominance over the forecast period
• Robust growth of the pharmaceutical industry and increasing stringency of standards pertaining to food safety have enhanced the cold storage capacity of Canada by around 8 percent over the last two years
• Some of the industry participants include Americold Logistics LLC; Burris Logistics, Inc.; Cloverleaf Cold Storage Company; Lineage Logistics; VersaCold Logistics Services; and Henningsen Cold Storage Company.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods                                                                                                                                                                                                     

Grand View Research has segmented the North America cold storage market based on warehouse, construction, temperature, application, and country.

North America Cold Storage Warehouse Outlook (Revenue, USD Million, 2014 - 2025)

• Private & Semi Private
• Public

North America Cold Storage Construction Outlook (Revenue, USD Million, 2014 - 2025)

• Bulk Storage
• Production Stores
• Ports

North America Cold Storage Temperature Outlook (Revenue, USD Million, 2014 - 2025)

• Chilled
• Frozen

North America Cold Storage Application Outlook (Revenue, USD Million, 2014 - 2025)

• Fruits & Vegetables
• Dairy
• Fish, Meat, and Seafood
• Processed Food
• Pharmaceuticals

North America Cold Storage Country Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/north-america-cold-storage-market-analysis                                                                                                                                                                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Malic Acid Market Would Beat $244.0 Million By 2024: Grand View Research, Inc.

The global malic acid market is expected to reach USD 244.0 million by 2024, according to a new report by Grand View Research, Inc. The expanding food and beverage industry globally is anticipated to be a major factor for substantial industry growth over the next few years. Growing consumer awareness towards obesity issues has led to increased consumption of low-calorie beverages which is expected to positively impact the product demand.

Beverages accounted for 49.3% of the global malic acid market in 2015. Growing liquid and powdered beverages consumption along with surging artificial flavorant demand in carbonated drinks are estimated to drive the product demand in beverages over the next few years. The increasing confectionery and food processing facilities, especially in Asia Pacific, North America, and Europe, is yet another factor anticipated to steer the product demand in the near future.

Browse full research report on Malic Acid Market: www.grandviewresearch.com/industry-analysis/malic-acid-market                                      

• The global malic acid market demand exceeded 70 kilo tons in 2015 and is anticipated to grow at an estimated CAGR of 4.2% to reach a total market size of over 102 kilo tons by 2024
• Personal care & cosmetics segment is expected to grow at a CAGR of 5.7% over the next eight years. The shift in consumer and product trends in the personal care industry such as increasing demand for multifunctional personal care & cosmetics products and naturally derived ingredients are the key factors driving product demand in this category.
• Asia Pacific is anticipated to experience the highest growth over the foreseeable future. The region is estimated to grow at a CAGR of 5.2% over the next eight years.
• China malic acid demand is expected to witness high growth on account of expanding personal care & cosmetics and processed food production facilities in the region. The product demand in confectionery and food sector is expected to reach a net worth exceeding USD 14 million by 2024.
• Some of the leading industry participants include Bartek Ingredients, Inc. Fuso Chemicals Co., Ltd, Miles Chemicals, Thirumalai Chemicals Ltd. (TCL), Lonza, and Polynt. The other key players include Changmao Biochemical Engineering Company Limited, Isegen South Africa (Pty), Ltd., Yongsan Chemicals, Prinova, The Chemical Company (TCC), and Anhui Sealong Biotechnology Co., Ltd.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances                                                                                                                                                                                                   

Grand View Research has segmented the global malic acid market on the basis of end-use, and region:

Global Malic Acid End-Use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

• Beverage
• Confectionery
• Personal care
• Other

Global Malic Acid Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• France
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-malic-acid-market                                                                                                                                                                 

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Meat Processing Equipment Market Will Reach $16.22 Billion By 2025: Grand View Research, Inc.

The global meat processing equipment market size is expected to reach USD 16.22 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.2% during the forecast period. Rising demand for processed meat products owing to changing eating habits is anticipated propel industry growth over the forecast period.

Increasing purchasing power of buyers owing to rising per capita income is expected to boost industry growth. In addition, factors such as growing number of slaughterhouses, improved packaging strategies, and introduction of a number of ready-to-eat meals are expected to benefit market growth.

Notable investments by companies in order to improve processing technology is presumed to increase equipment sales. Increasing focus of companies on developing technology to improve product safety and quality and increase productivity is also expected to boost demand for advanced processing equipment.

High demand for animal proteins owing to rising awareness regarding health benefits is expected to boost demand for such products, which in turn is expected to fuel growth. Manufacturers in the market generally manufacture standardized equipment due to usage of standard processing procedures for a particular type of meat and to gain desired output.

Manufacturers in the industry are involved in product distribution through direct sales to economies they are operating in. In addition, they operate in international markets either through manufacturing locations established by them or through third-party distribution channels.

Browse full research report on Meat Processing Equipment Market: www.grandviewresearch.com/industry-analysis/meat-processing-equipment-market                        

Further key findings from the study suggest:          

           

• By product, slicing equipment is expected to register a CAGR of 6.2% from 2018 to 2025, owing to development of integrated machines that weigh, slice, and package meat through a single operation
• By type of meat, pork processing equipment is estimated to be the fastest growing segment with a CAGR of 6.9% from 2018 to 2025, owing to increasing consumption of processed pork products, coupled with declining cost of the meat
• The market in Asia Pacific is expected to reach a value of USD 4.21 billion by 2025 on account of growing population and increasing consumption of meat products in the region
• The global industry is characterized by presence of large number of players with localized operations and additional distribution chains in order to cater to the demand across international markets.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/food-safety-and-processing                                                                                                                                                    Grand View Research has segmented the global meat processing equipment market report on the basis of product, meat type, and region:

Meat Processing Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)

• Slicing
• Blending
• Dicing
• Grinding
• Massaging & Marinating
• Smoking
• Tenderizing
• Other

Meat Processing Equipment Meat Type Outlook (Revenue, USD Million, 2014 - 2025)

• Beef
• Mutton
• Pork
• Other Meats

Meat Processing Equipment Regional Outlook (Revenue; USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-meat-processing-equipment-market                                                                                                                                                

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com