By-product

By product Agency Consulting firm Experts Specialists Consultancy

Create value from by-products and co-products generated from your production process

For more than 25 years, Alcimed has been assisting industrial players in the valorization of waste material and by-products to create higher-value ingredients or enter new markets. The effective utilization of material and waste reduction improves cost efficiency and supports sustainable practices towards a circular economy.

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    The challenges related to by-product

    The valorisation of by-products can have economic, environmental and social benefits. Efficient use of raw supplies can contribute to reducing overall manufacturing costs through reduction of waste disposal and generation of additional sources of revenue. Joint manufacturing of the primary and secondary goods often share common costs such as inputs and overheads. Through the valorisation of by products companies can explore more accurate cost allocation by assigning a portion of the costs to the by products based on their value.

    Additionally, valorising by products also plays a significant role in fostering a circular economy. By converting garbage material into valuable products, industrial players can generate less waste, optimize resource efficiency, promote innovation, create a sustainable value chain and enhance economic growth. By transforming waste and by products that are generated during the manufacturing processes, into valuable outputs, we can move towards a more resilient and environmentally friendly economic model.

    An example is the valorisation of biomass by product to create biodegradable materials such as bioplastics and bio-composites which will have potential applications in packaging, automotive and construction industries.

    Industrials face many challenges with regards to by-products valorization, in particular:

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      How we support you in your projects related to by-product

      For more than 25 years now, Alcimed has been supporting many clients on projects related to by-products, from the definition of a valorization strategy, the identification of possible markets and targets for by-products, up to rethinking a complete approach for managing by-products.

      Thanks to our wide range of clients and their sectors, as well as our exploration of various geographical fields and project types, we have gained a comprehensive and global understanding of the issues surrounding by-products and co-products.

      Our projects encompass a wide variety of topics, including new technologies and extraction/treatment/disposal approaches, the definition of valorization strategies, identifying and understanding potential markets and segments, determining the value and pricing of co-products, setting up a regulatory watch concerning by-products regulations and laws, … and many more!

      Examples of recent projects carried out for our clients in by-product valorization

      • Identifying white spaces and value-added markets for a food by-product

        We supported an innovation director of a fat and oil company to valorise one of its key by-products (sunflower wax).

        As the potential market for application is diverse, we first identified and selected the most promising application markets and subsequently, deep dived on the selected markets to build a market entry strategy.

        At the end of our project, our client had a clear vision on the market segment to target and how to approach the interested players.

      • Evaluating business opportunities and market potential for functional by-products

        As part of their manufacturing process, our client in the dairy industry wanted to explore how they could valorize their by-products in the pharmaceutical and health supplement industries.

        Alcimed conducted a thorough literature review to identify latest research on dairy functional ingredients and a cross-analysis with the disease prevalence and health trends in the market.

        Thanks to our analysis, we then co-prioritised goods according on the market potential and co-designed a valorization strategy during a workshop with our client’s team.

      • Identifying potential markets and applications for animal by-products

        Our client, a major industrial agri-food player, wanted to explore the potential of valorising their animal by-products that were not intended for human consumption.

        Alcimed conducted an in-depth analysis based on regulatory requirements, market demand, market segmentation and competitor analysis to support our client in identifying potential markets and applications for their animal by-products notably in food, feed and energy sectors.

      • Valorization of distillery co-products for a beverage player

        One of our customers, a leading alcoholic beverage company, had the ambition to reduce its carbon footprint by 50% by 2030. However, the valorization of distillery by-products was energy-intensive.

        Alcimed’s role was to assist the technical director in benchmarking the technologies used in combustion, gasification, and other thermo-chemical technologies for wet co-products.

        We then evaluated the feasibility of some of these technologies for our client’s co-products. Alcimed was thus able to recommend two relevant options allowing our client to valorize its co-products by optimizing its energy consumption!

      • Co-product valorization: study of the market potential of a biohydrogen supply offer

        We worked with a French environmental industrialist on its strategy to valorize by-products for the production of biohydrogrene.

        Initially, our customer wanted to obtain an overview of the hydrogen market and industrial applications in Europe, as well as the technical specifications of the hydrogen used by the industries we investigated. Secondly, the aim was to assess the interest of potential customers – industrial gas suppliers – in developing a biohydrogen supply offer.

        To this end, Alcimed conducted interviews with both industry experts and industrial gas suppliers, in order to assess their interest in offering biohydrogen instead of conventional hydrogen to their customers. In the end, we selected 2 applications whose industrial use was compatible with a biohydrogen supply.

      • Support for an industrial company in assessing the benefits of its nitrate co-product recovery strategy

        One of our customers, an industrial player, wanted to assess the benefits of implementing a valorisation strategy for its nitrate co-products.

        To do this, we began with an overview of the fertilizer market, in particular the nitrate market (trends, issues, main players, local needs, analysis of import and export flows, etc.). We then analyzed the demand for nitrate fertilizers among market players.

        These two steps enabled us to provide our customer with an overview of the nitrate fertilizer market in France, to quantify fertilizer consumption volumes and import flows, and finally to assess the need and interest for our customer to deploy an approach to valorizing its co-products.

      • Identification of opportunities for an industrial player to recover salts from waste incineration

        One of our customers, the director of a production factory, wanted to identify ways of valorizing the salts generated during the incineration of its waste.

        To this end, our team carried out a literature review as well as several qualitative interviews with players from different market segments using salts in their activities. This enabled us to identify target markets that could represent a value-adding opportunity for our customer. We then assessed the receptiveness of potential customers within these markets, to determine their needs and expectations with regard to these products, and to evaluate the potential of each recovery source.

        Our study enabled our customer to rapidly identify value-added opportunities and define the technical specifications required to meet their expectations.

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