Global Cold Chain Market Size, Share & Trends Analysis Report by Application (Fruits & Vegetable, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish, and Seafood, Drugs & Pharmaceuticals, Others) Forecast Period 2020-2026.
The cold chain market is anticipated to showcase a considerable growth rate during the forecast period. A significant increase in the demand for fresh and locally-produced food such as dairy products, meat, seafood, fruits and vegetables is a key factor driving the growth of the global cold chain market. In addition, the rising demand for refrigerated pharmaceuticals and nutraceuticals is again contributing towards the growth of the cold chain market. The supplement and products of probiotic such as kombucha and kefir is being highly consumed by health-conscious consumers. These products are required to be stored at the required low temperature otherwise they lose their potency, thereby the high consumption of these products and supplements creating the demand for the cold chain market across the globe.
The cold chain market is segmented on the basis of application. Based on the application, the market is segmented into fruits & vegetables, bakery & confectionery, dairy & frozen desserts, meat, fish, and seafood, drugs & pharmaceuticals, and others. Storage of dairy and frozen desserts is anticipated to be a key application of the cold chain which in turn is driving the growth of the market segment.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold a considerable market share in the cold chain market due to the continuous innovation in autonomous trucks. Asia-Pacific is the fastest-growing region in the cold chain market. The developing food industry in India & China is anticipated to be a key factor contributing to the growth of the cold chain market in the region.
The key players of cold chain market include CWT Pte Ltd., Swire Cold Chain Logistics (Shanghai) Co. Ltd., Americold Logistics LLC, VersaCold International Corp., Agro Merchants Group LLC, Burris Logistics Inc., Nichirei Corp., JWD Group Inc., Orient Overseas (International) Ltd., Lineage Logistics Holdings LLC, XPO Logistics Inc., and so on.
Research Methodology
The market study of the global cold chain market is incorporated by extensive primary and secondary research conducted. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figure
s without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Cold chain Market Research And Analysis By Application
The Report Covers
The cold chain market is anticipated to showcase a considerable growth rate during the forecast period. A significant increase in the demand for fresh and locally-produced food such as dairy products, meat, seafood, fruits and vegetables is a key factor driving the growth of the global cold chain market. In addition, the rising demand for refrigerated pharmaceuticals and nutraceuticals is again contributing towards the growth of the cold chain market. The supplement and products of probiotic such as kombucha and kefir is being highly consumed by health-conscious consumers. These products are required to be stored at the required low temperature otherwise they lose their potency, thereby the high consumption of these products and supplements creating the demand for the cold chain market across the globe.
The cold chain market is segmented on the basis of application. Based on the application, the market is segmented into fruits & vegetables, bakery & confectionery, dairy & frozen desserts, meat, fish, and seafood, drugs & pharmaceuticals, and others. Storage of dairy and frozen desserts is anticipated to be a key application of the cold chain which in turn is driving the growth of the market segment.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold a considerable market share in the cold chain market due to the continuous innovation in autonomous trucks. Asia-Pacific is the fastest-growing region in the cold chain market. The developing food industry in India & China is anticipated to be a key factor contributing to the growth of the cold chain market in the region.
The key players of cold chain market include CWT Pte Ltd., Swire Cold Chain Logistics (Shanghai) Co. Ltd., Americold Logistics LLC, VersaCold International Corp., Agro Merchants Group LLC, Burris Logistics Inc., Nichirei Corp., JWD Group Inc., Orient Overseas (International) Ltd., Lineage Logistics Holdings LLC, XPO Logistics Inc., and so on.
Research Methodology
The market study of the global cold chain market is incorporated by extensive primary and secondary research conducted. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figure
s without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Cold chain Market Research And Analysis By Application
The Report Covers
- Comprehensive research methodology of the global cold chain market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global cold chain market.
- Insights about market determinants which are stimulating the global cold chain market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
A selection of companies mentioned in this report includes:
- Agro Merchants Group, LLC
- Al Rai Logistica K.S.C.
- AIT Worldwide Logistics, Inc.
- Americold Logistics, LLC
- Berlinger & Co. AG
- Burris Logistics, Inc.
- Cardinal Health, Inc.
- Coldman Logistics Pvt. Ltd.
- Conestoga Cold Storage
- Congebec Logistics, Inc.
- CWT Pte, Ltd.
- Henningsen Cold Chain Co.
- JWD Group, Inc.
- Lineage Logistics Holdings, LLC
- New Cold Advanced Cold Logistics
- Nichirei Corp.
- Orient Overseas (International), Ltd.
- Preffered Freezer Services
- Swire Cold Chain Logistics (Shanghai) Co. Ltd.
- Tippmann Group
- The United States Cold Storage, Inc.
- VersaCold International Corp.
- XPO Logistics, Inc.