Global Cold Chain Market Industry Outlook, Size, Growth Factors, and Forecast To, 2029


Cold Chain Market was valued at US$ 253.15 Bn. in 2021. Global Cold Chain Market size is estimated to grow at a CAGR of 8.6% over the forecast period.

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The report's goal is to present a thorough examination of the market together with perceptive findings, statistical data, historical data, and market information that has been verified by the sector. The market analysis for Cold Chain also looks into how major firms compare to one another in terms of their offerings, costs, financial standing, product portfolios, growth plans, and geographic reach.

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Cold Chain Market Overview:

In order to determine the total size of the Cold Chain Market by country and segments, the report conducted a micro-level analysis of each nation. Using a bottom-up approach, the size of the regional and worldwide markets is estimated. The respected Cold Chain Business Report examines the principal challenges that the sector may face in terms of sales, export, import, or revenue. This market report provides numerous market insights through a thorough investigation of the industry under review. This market research study details the key actions taken by the leading companies and brands, including advancements, product introductions, acquisitions, mergers, joint ventures, and competitive market research. It is an expert and thorough examination of the market's current situation. The large-scale Cold Chain study helps to concentrate on the important components of the market, such as what the most current market trends are or what the consumer buying habits are.

Market Scope:

Using each primary and secondary study approaches, we researched the Cold Chain Market from each viewpoint. This helped us benefit a higher knowledge of contemporary marketplace dynamics which include supply-call for imbalances, pricing traits, product preferences, client habits, and so on. The statistics is then compiled and analysed the use of quite a number marketplace estimation and statistics validation techniques. This Cold Chain market study covers import and export consumption, supply and demand, costs, prices, shares, sales volumes, revenues, and gross profits.

Cold Chain Market Segmentation

Based on Category, the storage category generated more than 60.3% of revenue in 2021 and is anticipated to continue dominating the market during the projected period because to an increase in packaged goods demand worldwide. Consumer dietary and lifestyle changes are driving a rise in the demand for frozen meals. The demand for storage solutions is anticipated to rise. Cold chain systems must be used for products including food, beverages, and medical supplies.

During the course of the forecast period, demand for high-cube refrigerated trailers, connected refrigerated trucks, insulated containers, and vehicles that facilitate cross-product mobility is projected to be the main driver of the transportation market. The effective management of cold storage, which significantly relies on software and hardware components used for monitoring reasons, has had a favourable impact on the adoption of cold chain temperature monitoring solutions.

According to Application, the fish, meat, and seafood category held a commanding 26.8% share of the market in 2021. The expansion of this market is anticipated to be fueled by technological developments in seafood processing, packaging, and storage. The enhanced fish production is also intended to support the market's expansion. Nonetheless, processed food is anticipated to see the quickest rate of growth over the projection period due to continued advancements in packaging materials. Because of improvements in packing materials, foods now have a longer shelf life. This has expanded the trade in processed foods over the past few years.

Cold Chain Key Players 

• Americold Logistics
• Lineage Logistics Holdings
• Nichirei Corporation
• Burris Logistics
• Agro Merchants Group
• Kloosterboer
• United States Cold Storage
• Tippmann Group
• VersaCold Logistics Services
• Henningsen Cold Storage Co.
• CWT Pte Limited
• Orient Overseas (International) Limited
• JWD Group Inc.
• Swire Cold Chain Logistics Co. Ltd
• XPO Logistics Inc.

Regional Analysis:

On the basis of geography, the Cold Chain market is segmented into 5 main regions and they are- North America, Europe, Asia Pacific, the Middle East, Africa, and South America respectively.

This analysis helps those who use the report to evaluate the market for Cold Chain based on a number of factors including economies of scale, switching costs, brand loyalty, current distribution channels, capital investment, manufacturing rights and patents, government regulations, advertising impact and impact on The impact of consumer preferences. Key decision-makers in the industry should benefit from these condensed figures in their deliberations.

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MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,
411041
India
Phone : +919607365656
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Published in

Automotive , Business

Published on

Mar 15, 2023

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