"Market Intelligence that Adds Flavour to Your Success"

Cold Chain Market Size, Share & Industry Analysis, By Technology (Programmable Logic Controller, Vapor Compression, Blast Freezing, Others), By Type (Transport , Refrigerated Storage), By Application (Bakery & Confectionary, Processed Food, Dairy & Frozen Food, Fruits & Vegetables, Meat & Seafood) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI104317 | Status : Ongoing

 

KEY MARKET INSIGHTS

Cold chain is a proficient system that involves refrigerated and thermal packaging methods to ensure the safety of temperature-sensitive products while transportation. Cold chain is widely used across the global food & beverage industry to protect the products from any damage caused due to temperature.


Advancements in refrigerated and warehouse technology, coupled with a growing number of specialized retail stores and adoption of innovative technologies by cold chain service providers are further expected to fuel the growth of the cold chain market during the forecast period.

Cold chain market is projected to expand crucially over the forecast period, owing to increasing trade, demand, and consumption of perishable food products across the globe. Rising governmental focus on the development and improvement of cold chain infrastructure, coupled with increased strictness on food safety regulations are expected to propel the growth of the global cold chain market in the forthcoming years.

However, negative environmental impacts posed by cold chain systems, such as the emission of harmful greenhouse gases, can restrain the growth of the global cold chain market in the upcoming years. 

Key Market Driver -

Increasing Trade and Demand for Perishable Foods

Key Market Restraint -

Negative Environmental Impact of Cold Chain


Key Players Covered:


The key companies operating in the global cold chain market are, Agro Merchants Group LLC, Americold Logistics LLC., Burris Logistics Inc., Swire Group, Al Rai Logistica K.S.C., Swire Cold Storage, Cold Chain Technologies, Inc., VersaCold Logistics Services, Nichirei Corporation, and Lineage Logistics.

Among type, refrigerated storage segment is expected to expand exponentially over the forecast period, due to changing lifestyle and diet of global population and their rising preference towards frozen, packaged, and convenience food. Overall growth in the food & beverage industry has led to increased trade of food and beverage among countries that is leading to the increased demand for insulated containers, high-cube refrigerated trailers, advanced refrigerated trucks, and other vehicles for the transportation of products. This is a significant reason that can efficiently push the growth of the transport segment in the global cold chain market during the forecast period.

Processed food is expected to be the leading application segment for the cold chain market, due to their rising demand and adaptation of innovative packaging materials in the packaging of processed food such as barrier packaging.

Fruits & vegetables segment is expected to be growing smoothly due to the anticipated increase in their trade-in in upcoming years. According to the Agricultural & Processed Food Products Export Development Authority (APEDA), India, which is the second-largest producer of fruits and vegetables, exported fruits & vegetables of worth USD 1.45 billion in the year 2017-18.

Regional Analysis:


North America is projected to be leading the global cold chain market during the forecast period, due to the higher demand for fresh products by the population of the region. According to research findings, in 2017, the cold warehouse capacity of the United States witnessed a rise of 4.6 percent due to higher reliance on cold chain systems for food & beverage storage and distribution.

Asia Pacific is expected to rise swiftly in the global cold chain market during the forecast period, owing to rising penetration and adoption of advanced warehouse management tools and systems by the region. The presence of a well-established agriculture sector in countries such as India and China are expected to create great scope for export of products and hence expected to boost the growth of the cold chain market of the region.

To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE

  DETAILS

By Technology



  • Programmable Logic Controller

  • Vapor Compression

  • Blast Freezing

  • Others



By Type



  • Transport

  • Refrigerated Storage



By Application



  • Bakery & Confectionary

  • Processed Food

  • Dairy & Frozen Food

  • Fruits & Vegetables

  • Meat & Seafood



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In November 2018, Lineage Logistics Holdings LLC., announced the successful acquisition of Yearsley Group Limited, a UK based leading frozen food distributor and temperature-controlled logistics service provider. This step was a strategic step by Lineage to improve their market prominence in UK along with enhancing their international reach.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Pont Europe
Mckinsey
Owens
Daesang
Samyang

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X