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The Cold Chain Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Cold Chain market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.
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The cold chain is a temperature controlled supply chain perishable goods from the point of manufacture to the point of use. Cold chain forms an essential part in the food and beverage industry since it deals with transportation, storage, and distribution of frozen food. It includes equipment as well as the operations needed to maintain the food at correct temperatures to avoid spoilage. Foods are mostly perishable and are affected by the changes in temperature. Moderate to high moisture leads to the growth of microbes and enzymatic reaction which may result in spoilage of food and render it unfit for consumption. This arises the need for low-temperature storage of food preservation. Cold chain mechanism increases the shelf life of the product and also prevents any changes in the sensory quality and keeps food fresh.
The cold chain market is expected to witness high growth in the forecast period owing to driving factors such as growing international trade practices of food products and rising consumer demands for perishable foods. Moreover, increasing need for temperature control to prevent potential health hazards and minimize loss is another major factor responsible for the growth of the cold chain market. However, high energy costs, as well as infrastructural costs and environmental concerns associated with greenhouse gas emissions, may hamper the market growth. Nonetheless, government support to reduce food wastage and increasing FDI in emerging markets offer lucrative opportunities for the major players operating in the cold chain market during the forecast period.
The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.
The Cold Chain market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
Leading companies profiled in the report include:
1. AGRO Merchants Group
2. Americold Logistics LLC
3. Burris Logistics
4. Emergent Cold
5. Interstate Cold Storage, Inc.
7. Lineage Logistics Holding, LLC
8. Nichirei Logistics Group Inc.
9. Preferred Freezer Services
10. VersaCold Logistics Services
The report highlights key growth strategies adopted by these players of the Cold Chain industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The global cold chain market is segmented on the basis of type, temperature, and application. Based on type, the market is segmented as storage, transportation, and monitoring components. The market by monitoring components is further classified into hardware and software. On the basis of the temperature, the market is segmented as frozen and chilled. The market on the basis of the application, is classified as dairy products, pharmaceuticals, bakery & confectionary, processed food, fish, meat, & seafood, fruits & vegetables, fruit pulp & concentrates, and others.
The report answers the following key aspects:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.