1 / 7

Cold Chain Market Growth (2019 – 2026)

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.

thomasburnsrnd
Download Presentation

Cold Chain Market Growth (2019 – 2026)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cold Chain Market To Reach USD 358.2 Billion By 2026

  2. Market Summary A continuous growth in the population, increase in demand for high quality perishable food products, increase in healthy food products like fruits and vegetables couple with an increase in the national and international trade activities are some of the key factors contributing to high CAGR of cold chain market during forecast period. Market Size – USD 197.2 Billion in 2018, Market Growth - CAGR of 7.7%, Market Trends – Growing demand for perishable food products. 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.

  3. Our Approach Our Approach Market Summary 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. Considering factors such as increased customer demand for quality products, increasing in trading of perishable products, rise in disposable income, increase in the middle-class population, rise in demand for frozen products and increase in health concerns and demand for healthy and safe food products are expected to drive the market growth for cold chain processes. Further, development in the distribution channel is expected to increase the market in the coming years. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2136

  4. Our Approach Our Approach Market Summary Further key findings from the report suggest • The cold chain market is growing at a CAGR of 5% in the Asia Pacific region, followed by Europe and North America, with 7.5 % and 7.4% CAGR, respectively. Increase in food spoilage coupled with an increase in demand for high-quality perishable products is expected to drive the growth of the cold chain market. • Europe is the dominating cold chain with the highest market share of around 28.6% of the global market. European regional market is the chief revenue-generating source for this product segment, followed by Asia Pacific and North American regions. • With an increase in food-borne diseases, people are more concern about the quality and the safety of the food product. Various techniques are deployed in order to test the quality of the frozen food product. For example, gas chromatography is performed on the food product to ensure it meets the quality standards throughout the delivery process. • Apart from the food industry, cold chain logistics play a crucial role in the pharmaceutical industry. If a particular medicine is kept in a temperature range, that exceeds its ‘safe range’, the medicine will lose its effectiveness and in some cases, jeopardize the health of a patient. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/cold- chain-market

  5. Our Approach Our Approach Market Summary • Key participants include Americold Logistics LLC, Burris Logistics, Lineage Logistics Holding, LLC, Preferred Freezer Services, Inc., Nichirei Logistics Group Inc, Nordic Logistics and Warehousing LLC, Swift Transportation, Trenton Cold Storage, Interstate Cold Storage Inc, Henningsen Cold Storage Co., and VersaCold Logistics Services. For the purpose of this report, Reports and Data have segmented into the global battery packaging market on the basis of type of battery, material, type of packaging, level of packaging, and region: Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026) • Refrigerated Storage • Refrigerated Transport Temperature Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026) • Chilled • Frozen

  6. Our Approach Our Approach Market Summary Application Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026) • Dairy and Frozen Desserts • Meat and Seafood • Fruits and Vegetables • Bakery and Confectionery • Pharmaceutical • Others Order Now: https://www.reportsanddata.com/checkout-form/2136 Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America

  7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

More Related