The Global Cold chain Market accounted for USD 178.3 billion in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Cold Chain Market, By Temperature Control (Conventional refrigeration {Mechanical refrigeration}, By Packaging Material {Dry Ice, Wet Ice}), By Type (Refrigerated Storage, Refrigerated Transport {Road, Sea}), By Temperature Type (Chilled, Frozen), By Application (Food & Beverages {Fruits & Vegetables, Bakery & Confectionery}, Pharmaceuticals) By Geography– Industry Trends and Forecast to 2025
Complete report on Global Cold Chain Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Cold Chain Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the cold chain market in the next 8 years. Cold chain is the combined system for the storage and transportation of vaccines at optimum temperature from the point of manufacture to the point of use. It plays a vital role in temperature management for the perishable products and maintains the quality and safety of the perishable products through distribution chain to the final consumer. Cold chain is widely applicable in fruits & vegetables, bakery & confectionery, dairy & frozen desserts, fish, meat, and seafood and others.
Organizations such as UNICEF have helped the children by providing the vaccines at the right time and right place with the help of cold chain management, for instance According to UNICEF, in 2013 the value of UNICEF’s vaccine attainment was approximately USD 1.3 billion that was 2.8 billion vaccine doses for children in 100 countries. Furthermore, recent developments have taken place in the market, for instance, according to Global Cold Chain Alliance, it has been estimated that in 2013 Oxford Cold storage (Australia) at the time when more freezers were produced, the pallet spaces was increased from 23,000 to 170, 000. Moreover, VersaCold Logistics Services (Canada) acquired Gary Heer Transport Ltd., a cross-border transportation company. This will help the company in expansion of their product offerings and will automatically help in the growth of the company.
Key Questions Answered in Global Cold Chain Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Cold Chain Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Cold Chain Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Cold Chain Market?
• Who are Opportunities, Risk and Driving Force of Global Cold Chain Market?
• Who are the opportunities and threats faced by the vendors in Global Cold Chain Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Cold Chain Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Americold
- Preferred Freezer Services
- Burris Logistics
- Lineage Logistics Holdings, LLC
- NICHIREI CORPORATION
- Swire Cold Storage Ltd
- AGRO Merchants Group
- Cloverleaf Cold Storage
- Kloosterboer
- Interstate Cold Storage, Inc
- AGRO Merchants Group
- Hanson Logistics
- HENNINGSEN COLD STORAGE CO.
- Interstate Cold Storage, Inc.
- Trenton Cold Storage
- Burris Logistics
- A.B. Oxford Cold Storage Pty. Ltd.
- VersaCold Logistics Services
- among others.
Major Market Drivers and Restraints:
- Increased consumer demand towards perishable foods
- Growing scope for food retail chains by multinationals
- Developing usage of RFID, barcode scanners in the refrigerated warehouse
- Rising awareness towards environmental concerns
- High costing involved
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Market Segmentations:
Global Cold Chain Market is segmented on the basis of
- Temperature Control
- Type
- Temperature Type
- Application
- Geography
Market Segmentations in Details:
On the basis of Temperature Control, the global cold chain market is segmented into conventional refrigeration and packaging material.
On the basis of Type, the global cold chain market is segmented into refrigerated storage and refrigerated transport.
On the basis of Temperature Type, the global cold chain market is segmented into chilled and frozen.
On the basis of Application, the global cold chain market is segmented into food and beverages and pharmaceuticals. The food & beverages segment is sub segmented into fruits & vegetables, bakery & confectionery, dairy & frozen desserts, fish, meat, and seafood, and others.
On the basis of Geography,
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Competitive Landscape: Global Cold Chain Market
The global cold chain market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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