Wednesday, January 29, 2014

Global Frozen Food Market Trends And Forecasts (2010 – 2015).

Frozen Food

  • Freezing of food preserves it from the time it is prepared to the time it is eaten.
  • Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, the process is called IQF or Individually Quick Frozen.
  • Frozen products do not require any added preservatives because microorganisms or pathogens are killed or do not grow when the temperature of the food is below -9.5°C. 
  • One of the problems surrounding the use of freezing as a method of food preservation is the danger that pathogens deactivated (but not killed) by the process will once again become active when the frozen food thaws.

Frozen Food Market

According to the Convenience measure and the time complexity of preparation the  growth of global frozen food market is  depended. Consumers are looking for variety of food options which require minimum time for preparation. Because of Frozen Pizza is more Convenient and requires less time to prepare, the Frozen pizza is the fastest growing segment in the frozen ready meals segment with an estimated CAGR of 4% with U.S. and is expected to continue its dominance in the segment from 2010 to 2015.

Global Frozen Food Market Will Be Worth $261.50 Billion By 2015 And Is Set To Grow At CAGR Of 3.7% By 2015. 

The global frozen foods market was estimated to be $218.41 billion in 2010 and is expected to grow to $261.50 billion in 2015 at an estimated CAGR of 3.7% for the same period. Frozen ready meals accounted for the largest market share in 2010 due to their wide product range, which includes frozen pizza, entrées, desserts, snacks, etc. Frozen potato products are expected to witness the highest CAGR from 2010 to 2015. The frozen ready meals segment is expected to show major growth in the U.S. market at 4.1% CAGR.

U.S. is expected to witness a moderate CAGR of 4% from 2010 to 2015 while the rest of the World (ROW) segment (which includes Latin America, Australasia and others) is expected to witness the highest CAGR of 4.7%. In 2010, Europe had the largest share in the global frozen food market sales of $87.38 billion. Germany is the biggest consumer in Europe with a share of 17% with a consumption of 6.04 million tons of frozen food. Asian frozen food market is expected to grow at an estimated CAGR of 3.4% from 2010 to 2015. Japan leads the Asian countries in terms of frozen food consumption with 7.82 million tons in 2010. Ready meals are the most expensive ones among the frozen food product categories and thus account for the largest market share of 40% in terms of revenue. Frozen pizza is the fastest growing segment in the frozen ready meals segment with an estimated CAGR of 4% with the U.S. expected to continue its dominance in the segment from 2010 to 2015.

 


Monday, January 27, 2014

Global Agro Chemicals Market To be US$ 223 billion by 2015.

What is Agrochemical?

Agrochemical (or agrichemical), is a generic term for the various chemical products used in agriculture. In most cases, agrochemical refers to the broad range of pesticides, including insecticides, herbicides, and fungicides. It may also include synthetic fertilizers, hormones and other chemical growth agents, and concentrated stores of raw animal manure.

Advantages and Disadvantages of Agrochemicals.

The advantages of agrochemicals can be seen in the reduction of pests and the increase in crop yeald. The reduction of pests can also be deemed a disadvantage of agrochemicals because if there are residues that are left on the crops, they can harm humans as well. Many agrochemicals are toxic, and agrochemicals in bulk storage may pose significant environmental and/or health risks, particularly in the event of accidental spills .

Global Agrochemicals Market To be US$ 223 billion by 2015.

Due to increasing population and decreasing land availability, the global agrochemical market is expected to grow from $134 billion in 2010 to $223 billion in 2015, registering a high CAGR of 10.6% from 2010 to 2015. Market growth is also driven by the use of agrochemicals in the production of biofuels, which are rapidly gaining in importance over traditional petroleum-based fuel. Programs such as Integrated Nutrient Management (INM) and Integrated Pest Management (IPM) are now in place to minimize risks from agrochemicals related to health, economy, and environment.

Due to extensive crop cultivation in India, China, Russia, and Japan, Asia forms the largest agrochemicals market in 2010, while the U.S. market is expected to have the highest CAGR as the region’s market is expected to benefit from development of new and safer chemicals. Industry participants with the most significant product developments include Agrium, BASF, Bayer, DuPont, Yara International, Mosaic, Syngenta, Monsanto, and Dow AgroSciences.

Wednesday, January 22, 2014

Direct Methanol Fuel Cells (DMFC) Technical Insights & Market Opportunities.

What is the DMFC?

Direct-methanol fuel cells or DMFCs are a subcategory of proton-exchange fuel cells (A fuel cell is a device that converts the chemical energy from a fuel into electricity through a chemical reaction with oxygen or another oxidizing agent) in which methanol is used as the fuel. Their main advantage is the ease of transport of methanol, an energy-dense yet reasonably stable liquid at all environmental conditions.

Market research report of DMFC:

Portable applications of DMFC are expected to gain the largest share in unit shipments by the year 2016.Global direct methanol fuel cell (DMFC) market is ultimately growing from 14,200 unit shipments in 2011 to 92,000 unit shipments by the year 2016 at an estimated CAGR of 45.3% for the same period. Asian region is expected to have the largest share in DMFC unit shipments (38%); followed by North America (35%), and Europe (27%) due to extensive research and development activities executed by Asian companies. Major countries involved in fuel cell research are Canada, Germany, Japan, South Korea, UK, and the U.S.

Limitations of DFMC and Solutions

  • DFMC have the challenges of  developing low cost and efficient proton exchange membrane and development of methanol cartridge supply and distribution infrastructure.
  • Technical limitations such as low durability, water and methanol crossover through membrane, and moderate thermal stability of membrane. 
  • High cost of DMFC associated with use of platinum as catalyst.
    • Solution: use of Carbon-Iron-Cobalt and polymer dipped carbon nanotube

Thursday, January 16, 2014

Ethylene Oxide Market at $39,865.3 Million & Ethylene Glycol Market at $37,524.8 Million in 2016

Ethylene Oxide and Ethylene Glycol Market research by 2016

what is Ethylene Oxide and Ethylene Glycol:

Ethylene oxide is a bulk industrial chemical, used for a wide range of applications including many consumer products and non-consumer chemicals and intermediates. And Ethylene Glycol is The largest application of Ethylene Oxide, accounting for over 72% of the ethylene oxide demand globally.

Global Market Analysis for Ethylene Oxide and Ethylene Glycol 

The global market for ethylene oxide in terms of revenue was estimated to be worth $27,430.0 million in 2010 and is expected to reach $39,865.3 million by 2016, growing at a CAGR of 6.0% from 2011 to 2016.

                                  
                                         Ethylene Glycol Market Share, by Geography, 2010

Ethylene Oxide Market, Ethylene Glycol Market
    Source: ICIS, Shell, RIL, Chemical Week Magazine, Primary Interviews, MarketsandMarkets

The global market for ethylene glycol in terms of revenue was estimated to be worth $23,620.3 million in 2010  and is expected to reach $37,524.8 million by 2016, growing at a CAGR of 7.7% from 2011 to 2016.The demand for ethylene glycol by volume in Asia-Pacific is expected to grow at a CAGR of 6.3% from 2011 to 2016.

Key participants in the global ethylene oxide and ethylene glycol market include The Dow Chemical (U.S.), SABIC (Saudi Arabia), Shell Group (The Netherlands), Huntsman Corporation (U.S.), BASF (Germany), Sinopec (China), and Reliance Industries Ltd. (India).

Tuesday, January 14, 2014

Biodegradable Plastics Market to be 2330 Thousand Metric Tonnes by 2016

The increasing demand for renewable and bio-based materials and shift in consumer preference for eco-friendly packaging is driving the market for global biodegradable plastics. The global biodegradable plastics market in terms of volume (thousand metric tons) is expected to grow from 664 thousand metric tons in 2010 to 2330 thousand metric tons by 2016, at an estimated CAGR of 20.24% from 2011 to 2016.



Biodegradable Plastics, Biodegradable Plastics Market
Global Bio-Based Biodegradable Plastics Market, By Applications, 2016
By seeing above market scenario Among all market segments, the starch-based plastics market commands the largest share in terms of volume. As in the case of traditional plastics, packaging is the largest application segment in the overall biodegradable plastics and accounts for 55%-60% of the overall market.

As the Biodegradable plastics do not have any impact on the environment the usage of biodegradable plastics is going to increse in future specialy usage of starch, PLA(PolyLactic Acid ), PHA(PolyHydroxyAlkanoate), and PBS(Aliphatic Copolyesters).


Biodegradable plastic alongwith their types and applications.

Biodegradable plastics are plastics that are capable of being decomposed by bacteria or other living organisms.

Two basic classes of biodegradable plastics:
1) Bioplastic
Bioplastics are plastics derived from renewable biomass sources, such as vegetable fats and oils, corn starch, pea starch or microbiota. Common plastics, such as fossil-fuel plastics, are derived from petroleum- these plastics rely more on fossil fuels and produce more greenhouse gas. Some, but not all, bioplastics are designed to biodegrade.

Applications of Bioplastic:
Biodegradable bioplastics are used for disposable items, such as  [packaging] and catering items (crockery, cutlery, pots, bowls, straws). They are also often used for bags, trays, containers for fruit, vegetables,
eggs and meat, bottles for soft drinks and dairy products, and blister foils for fruit and vegetables.


2) Plastics made from petrochemicals:
These are the plastic made from petrochemicals with biodegradable additives which enhance biodegradation.
Biodegradable additives are additives that enhance the biodegradation of the polymers by allowing microorganisms to utilize the carbon within the polymer chain itself.

Applications of plastics made from petrochemicals :

The Petrochemicals & Plastics Sector provides a wide spectrum of petrochemical products, including synthetic resins typified by polyethylene and polypropylene, synthetic rubber, organic chemicals such as propylene oxide, and elastomers and other high-performance resins