According to the current analysis of Reports and Data, the global Cold Chain Market was valued at USD 197.2 Billion in 2018 and is expected to reach the value of USD 358.2 Billion by the end of the year 2026, at a CAGR of 7.7%. The cold chain market is considered to be the backbone of the agricultural industry. The cold chain consists of pre-cooling, refrigerated storage, and refrigerated transport of perishable food products. Despite the increasing importance of cold chain processes in food and pharmaceutical industry, the prevalence of cold chain management is still very weak in most of developing countries. Due to expansion in the food industry coupled with initiatives taken by the government to reduce food wastage, cold chain infrastructure has increased extensively in past years.
Developing an undisturbed chain of storage
and distribution of perishable products is highly crucial in order to help the
farmers gain higher value for their produces and ensure safe and quality
product delivery to the end-users. The key market players in the market are
developing various strategies in order to sustain in the competitive market and
increase their market shares like expansion, the launch of new products,
partnerships, mergers and acquisitions. For example, in May 2019, Americold, a
key player in the cold chain market, acquired Lanier Cold Storage, in order to
further expand and strengthen its business in poultry segment. The company is
expected to experience extensive growth in the urban areas of developing and
developed countries.
The Cold Chain market has been segmented
into key regions of the world and offers an analysis of growth rate, market
share, market size, current and emerging trends, production and consumption
ratio, industrial chain analysis, demand and supply, import and export, revenue
contribution, and presence of key players in each region. A country-wise
analysis of the market is offered in the report to gain a better understanding
of the regional spread and progress of the Cold Chain market.
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a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2136
Competitive
Landscape:
The research report offers details about
leading companies in the global Cold Chain market along with global position,
financial standing, license agreement, products and services portfolio and
revenue contribution of each market player. Key players in the market are
focusing on adopting various strategies such as mergers and acquisition,
business expansion plans, new product launches, partnerships, collaborations,
joint ventures to enhance their product base and gain robust footing in the
market.
Some
of the Leading Market Players Are Listed Below:
· Americold
Logistics LLC,
· Preferred
Freezer Services, Inc.,
· Burris
Logistics,
· Lineage
Logistics Holding, LLC,
· Nichirei
Logistics Group Inc,
· Swift
Transportation,
· Nordic
Logistics and Warehousing LLC,
· Trenton
Cold Storage,
· Henningsen
Cold Storage Co.,
· Interstate
Cold Storage Inc,
· VersaCold
Logistics Services
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Market
Segmentation:
The Global Cold Chain industries are also
studied based on leading segments, and examines dominant product and
application segments in detail. The report aims to help reader’s benefits from
the growth prospects existing in the market in the global Cold Chain
industries. It offers key information on drivers and restraints influencing the
leading segments in the global Cold Chain industries.
Cold
Chain Market Segmentation based on Types:
- Refrigerated Storage
- Refrigerated Transport
Cold Chain Market Segmentation based on
Application:
- Dairy and Frozen Desserts
- Meat and Seafood
- Fruits and Vegetables
- Bakery and Confectionery
- Pharmaceutical
- Others
For comprehensive
coverage, the report discusses growth prospects, opportunities, and challenges.
The market report considers various key factors across the leading regions.
Cold
Chain Market Segmentation based on Regions:
·
North America (U.S.,
Canada, Mexico)
·
Europe (Germany, U.K.,
France, Italy, Spain, Benelux, Rest of Europe)
·
Asia Pacific (China,
India, Japan, South Korea, Rest of Asia Pacific)
·
Latin America (Brazil,
Rest of Latin America)
·
Middle East & Africa
(Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)
Key
Features of the global Cold Chain Market:
·
The report offers
detailed estimations at the regional level with manufacturers, consumption,
sales and import/export dynamics.
·
The report provides
accurate details related of the manufacturers/vendors in the market, company
overview, pricing analysis, financial standing, product portfolio, and gross
profit of leading companies.
·
Company profiling with
prevalent expansion strategies, revenue generation, and recent developments.
·
Optimum strategic initiatives
for new players in the market.
·
Manufacturing processes,
suppliers, cost, rates of production and consumption, transport mode and cost
structuring, and value chain analysis.
·
The study also includes
supply chain trends, including elaborate descriptions of the latest
technological development
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a customization of the report: https://www.reportsanddata.com/request-customization-form/2136
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Key questions addressed in the Report:
· Which
key players are operating in the global Cold Chain market?
· Which
key factors are expected to hamper global market revenue growth?
· What
market size is the global Cold Chain market expected to reach throughout the
forecast period?
· Which
application segment revenue is expected to expand at a rapid CAGR between 2021
and 2028?
· Which
region is expected to account for robust revenue share throughout the forecast
period?
· Which
regional segment is expected to register fastest revenue CAGR throughout the
forecast period?
· What
revenue CGAR is the global Cold Chain market expected to register during the
forecast period?
· What
are the key outcomes of Porter’s Five Force analysis of the Cold Chain market?
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