A
tremendous rise in the demand for food across the globe has been
supporting the growth of the overall food industry. The rising need
to transport food from one place to another has resulted in a high
demand for cold storage. In the last few years. Thus, cold chain
market for food industry is projected to grow at a healthy growth
rate in the coming few years. The key players in the market are
projected to focus on the developing nations who are estimated to
hold immense growth potential in the next few years.
Download
PDF Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10901
Rising
Import and Export Activities to Drive Global Cold Chain Market for
Food Industry
The
rising number of initiatives that are being taken by government is
one of the key factors estimated to accelerate the growth of the
global cold chain market for food industry in the next few years. The
growing need for cold storage and transport facilities is another key
factor predicted to enhance the growth of the overall market in the
coming few years. In addition to this, the increasing activities of
import and export have resulted in several capital investments by the
major players. This is anticipated to encourage the growth of the
global cold chain market for food industry in the coming few years.
On
the flip side, the lack of funds and the underdeveloped cold chain
infrastructure in several developing economies is projected to
restrict the growth of the global market in the next few years.
Nonetheless, the rising number of players operating in the market is
estimated to offer promising growth opportunities for the market
players in the next few years.
North
America to Register High Growth Rate in Coming Years
The
global market for cold
chain for food industry
has been classified on the basis of geography into Latin America,
North America, the Middle East and Africa, Europe, and Asia Pacific.
In the last few years, North America held a large share of the global
market and is likely to remain in the similar position in the next
few years. The strong growth of this region can be attributed to the
rising demand for frozen and chilled foods. In addition to this, the
increasing trade activities is another major factor that is projected
to accelerate the growth of the cold chain market food industry in
North America in the next few years. On the other hand, Asia Pacific
is anticipated to register a healthy growth rate in the coming few
years.
The
global market for cold chain for food industry is developing at a
high rate and is predicted to witness a high level of competition in
the next few years. The estimated rise in the number of players,
which are projected to enter the global cold chain market for food
industry is predicted to enhance the growth of the market in the next
few years. Some of the key players that are operating in the cold
chain market for food industry across the globe are Kuehne and Nagel
International AG, FedEx Corporation, World Courier, DHL International
GmbH, and Continental Air Cargo. These players are focusing on the
research and development activities in order to enhance their market
penetration in the next few years.
No comments:
Post a Comment