Global Cold Chain Market for Food Industry: Increasing Demand for Perishable Foods Worldwide to Generate Mammoth Opportunities for Players, predicts TMR

A new market intelligence study, titled “Cold Chain Market for Food Industry - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016–2023,” by Transparency Market Research (TMR) offers a detailed analysis of the market. The research study throws light on the promising opportunities in the global cold chain market for the food industry. It also highlights the product segmentation, geographical segmentation, key drivers, challenges, and recent developments in the global market. With the help of tables, charts, infographics, and graphs the study helps the readers acquire a clear picture of the global cold chain market for the food industry.

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The cold chain market has been classified on the basis of type of storage into transport and stored. On the basis of application, the global market has been categorized into seafood, dairy, fruits and vegetables, and frozen food. The size and share of every segment have been mentioned in the research report to offer a strong understanding of the overall market. In addition, the use of several analytical tools in the report is expected to provide a thorough overview of the latest trends and limitations in the global market.

The rising consumer demand for perishable foods and the increasing government support for the infrastructural development of cold chains are some of the key factors expected to fuel the growth of the overall market in the next few years. However, rising maintenance, energy, and infrastructure costs are projected to curtail the growth of the market in the near future.

Among the key geographical segments, North America is leading the global market for cold chain for the food industry at present. This region is expected to remain in the lead position throughout the forecast period, owing to the rising demand for chilled and frozen foods. In addition, the increasing number of trades in the food industry is estimated to augment the cold chain market in North America. On the other hand, the lack of required cold chain infrastructure and the dearth of funds are some of the primary factors expected to restrict the growth of the market in several developing nations in the coming years.

Some of the leading players operating in the global cold chain market for the food industry are FedEx Corporation, Kuehne and Nagel International AG, World Courier, DHL International GmbH, and Continental Air Cargo. To provide a thorough analysis of the global market, the research study has included the strategic developments and key policies adopted by the leading players. In addition, the financial overview, SWOT analysis, product portfolio, and recent developments have been discussed at length in the research report.  

Mounting Concerns over Reduction of Post-Harvest Wastage to Impel Demand for Cold Chain Services, says TMR

The need for proper storage facilities for food products such as seafood, dairy products, fresh agricultural produce, and frozen foods is anticipated to drive the demand for cold chain services in the coming years, states Transparency Market Research in a new report. The report titled, “Cold Chain Market for Food Industry - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016 – 2023” provides a thorough description of the global cold chain market with an analysis of the historical growth trend, the current state of the market, and future growth prospects of the market along with global and regional market statistics.

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According to the report, governments across the world have taken several initiatives to enhance their cold chain storage and transportation facilities to preserve feed stocks for future use and reduce food wastage of processed food. Players operating in the cold chain business are being impelled to make capital investments in order to expand their cold chains owing to the mounting need for transport facilities and cold storage, and rise in export and import activities. In order to meet the unmet needs of consumers and enter the untapped markets, leading players are entering into strategic mergers and acquisitions with regional players.

The report states that the rising demand for chilled and frozen food products along with growing trade activities are important factors driving the growth of the global cold chain market. Furthermore, heavy foreign investments in the cold chain sector of emerging countries and the proliferating growth opportunities in the markets of emerging economies are likely to further to augment the growth of the cold chain market globally.

However, lack of proper infrastructure and funds is a major restraint in the growth of the global cold chain market. The hike in prices of energy and maintenance cost of cold chain storage facilities are likely to further inhibit the growth of the global cold chain storage market.

The region leading the global cold chain market is North America with a considerable market for cold chain logistics. The key players in the global cold chain market are DHL International GmbH, FedEx Corporation, Continental Air Cargo, World Courier, and Kuehne and Nagel International.

The study provides data in terms of revenue and volume for all the key regions and other segments of the global cold chain market. A detailed overview of all the companies operating in the global cold chain market has also been provided in the report. The strategies, share, product specifications, and position of the key players have been thoroughly described in the study. The competitive landscape of the market has been analyzed effectively by significantly studying the Porter’s five forces and understanding the strength, weaknesses, opportunities, and threats present in the market. 

Cold Chain Market for Food Industry Will See Strong Expansion Through 2023

Cold chain in food industry is a supply chain system which relies on controlled temperature transactions of food products. It facilitates an uninterrupted series of storage and distribution of food products at a given temperature. It helps to extend the shelf life and preserves the quality and texture of food products during the inter or intra transportation. Fresh agricultural products, seafood, frozen food, dairy products are some of the commodities being transported. Such products are called as cool cargo during transport.

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Cold chain market for food industry can be segmented on the basis of applications such as – Fruits and vegetables, seafood, frozen food and dairy. Moreover it can further be segmented into type of storage used such as – stored and transport. Geographically the market can be segmented as North America, APAC, Europe and RoW regions.

Several initiatives have been taken by the governments which have impacted the cold chain market to a great extent. Requirement of cold storage and transport facilities and increased activities of import and export has impelled leading players to make capital investment. Strategic acquisitions with small local players are made on continuous basis to enter the untapped emerging market. North America is the largest market for cold chain logistics. Moreover growing demand for frozen and chilled foods coupled with increasing trades is the growth driver for Cold chain market. Lack of funds and undeveloped cold chain infrastructure in many developing countries are major restrains for the cold chain logistics market for food industry.

Some of the major players include- FedEx Corporation, DHL International GmbH, Continental Air Cargo, Kuehne and Nagel International AG and World Courier.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

Cold Chain Market for Food Industry - Global Industry Size, Forecast 2016 – 2023

Cold chain in food industry is a supply chain system which relies on controlled temperature transactions of food products. It facilitates an uninterrupted series of storage and distribution of food products at a given temperature. It helps to extend the shelf life and preserves the quality and texture of food products during the inter or intra transportation. Fresh agricultural products, seafood, frozen food, dairy products are some of the commodities being transported. Such products are called as cool cargo during transport.

Cold chain market for food industry can be segmented on the basis of applications such as – Fruits and vegetables, seafood, frozen food and dairy. Moreover it can further be segmented into type of storage used such as – stored and transport. Geographically the market can be segmented as North America, APAC, Europe and RoW regions.

Several initiatives have been taken by the governments which have impacted the cold chain market to a great extent. Requirement of cold storage and transport facilities and increased activities of import and export has impelled leading players to make capital investment. Strategic acquisitions with small local players are made on continuous basis to enter the untapped emerging market. North America is the largest market for cold chain logistics. Moreover growing demand for frozen and chilled foods coupled with increasing trades is the growth driver for Cold chain market. Lack of funds and undeveloped cold chain infrastructure in many developing countries are major restrains for the cold chain logistics market for food industry.

Some of the major players include- FedEx Corporation, DHL International GmbH, Continental Air Cargo, Kuehne and Nagel International AG and World Courier.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.