Introduction of Global Cold Chain Market Report

A cold chain is a temperature-controlled supply chain that is applied to maintain the shelf life and quality of products within a specific low-temperature range from harvesting to consumption. It is an essential solution that helps to preserve and to extend the shelf life of products such as seafood, frozen food and other products. The process of a cold chain involves the utilization of temperature-controlled warehouses for storage and also cold insulated transport vehicles for product distributions.

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The factors driving the global market include increasing demand for perishable food items, growing need for temperature control to prevent health hazards and rising preservation of convenience food products owing to the modernization across the globe. A rise in the growth of international trade of perishable products due to trade liberalization, development of the organized food retail industry and advancement in the technology will further increase the demand for cold chains worldwide. Moreover, technological advancements in processing, packaging and storage of various products across the globe will further propel the global cold chain market over the forecast period. Increasing government support to reduce post-harvest and processed food wastage for infrastructure development in various developing regions is expected to drive the global cold chain market in upcoming years. In addition, increasing the disposable income of consumers along with rapid urbanization will enhance the growth of the global cold chain market. However, growing environmental concerns related to greenhouse gas emissions and high operational costs may hinder the global cold chain market.

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Based on the type, Refrigerated Storage type expected to grow at the fastest rate during the forecast period in the global cold chain market owing to the increasing refrigerated storage capacities in the Asia-Pacific region and growing preference for packaged food across the globe. In addition, change in the storage of food products from cold storage warehouses to the provision of value-added services to consumers will further drive the refrigerated storage type in the global cold chain market.
Based on the temperature type, Frozen temperature type projected to capture the largest market share over the forecast period in the global cold chain market. Cold chain for chilled and frozen foods offers uninterrupted handling of products and also maintains low- temperature environment at each stage of the value chain that includes harvesting, collection, packing, processing, storage, transportation and marketing. Chilled temperature type also expected to grow in the global cold chain market owing to the large-scale chilling of food products to extend shelf life and also helps to preserve food products.

Based on the application, Dairy & Frozen Desserts projected to hold the highest market share during the forecast period in the global cold chain market owing to the economic growth, rapid urbanization and change in the dietary patterns of the consumer across the globe. Bakery & Confectionery products are driven by the increasing disposable income coupled with the changing food habits among consumers will further drive the global cold chain market.

Based on the technology, blast freezing, vapor compression, programmable logic controller (PLC), evaporating cooling, cryogenic systems and others are used for the cold chain across the globe. The evaporating cooling storage system is efficient, more affordable and also easy to operate especially in developing countries will further drive the global cold chain market.

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Based on the region, Europe region expected to capture a significant market share in the global cold chain market in 2018 due to the growing demand for cold chain and increasing consumption of high-quality perishable commodities across the globe. Asia-Pacific region also expected to grow in the global cold chain market owing to the growing awareness regarding the prevention of food wastage before consumption, increasing demand for perishable food among consumers and various government initiatives in the food industry in this region.

Various notable players operating in the market, include, Americold Logistics LLC, Lineage Logistics Holdings, LLC, Nichirei Corporation, Swire Group, Agro Merchants Group, Kloosterboer Group B.V., Interstate Cold Storage, Inc., Burris Logistics, Inc., Henningsen Cold Storage Company, Tippmann Group, among others. Prominent players are adopting various strategies such as new product launches, agreements, mergers, investments, collaborations and acquisitions to increase their presence in the global cold chain market.

Key Developments:

• • In 2019, Lineage Logistics Holdings, LLC acquired Preferred Freezer Services to cater to the growing demand for cold storage across the globe.
  • In 2018, Burris Logistics, Inc. expanded its business and opened a public refrigerated warehouse near Atlanta.

The global cold chain market has been segmented on the basis of type, temperature type, application, technology and key regions. Based on type, the market is segmented into refrigerated storage and refrigerated transport. Based on temperature type, the market is segmented into chilled and frozen. Based on application, the market is segmented into dairy & frozen desserts, fish, meat and seafood products, fruits & vegetables, bakery & confectionery products and others. Based on technology, the market is segmented into blast freezing, vapor compression, programmable logic controller (PLC), evaporating cooling, cryogenic systems and others.

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Key questions answered in this research report:

• • At what pace is global cold chain market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in cold chain market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global cold chain market?
  • What are the various application areas of global cold chain market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2018
Market Forecast Period	2019-2026
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Type, By Temperature Type, By Application, By Technology, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Americold Logistics LLC, Lineage Logistics Holdings, LLC, Nichirei Corporation, Swire Group, Agro Merchants Group, Kloosterboer Group B.V., Interstate Cold, Burris Logistics, Inc., Henningsen Cold Storage Company, Tippmann Group among others.; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Cold Chain Market by Type

• • Refrigerated Storage
  • Refrigerated Transport

Global Cold Chain Market by Temperature Type

• • Chilled
  • Frozen

Global Cold Chain Market by Application

• • Dairy & Frozen Desserts
  • Fish, Meat and Seafood Products
  • Fruits & Vegetables
  • Bakery & Confectionery Products
  • Others

Global Cold Chain Market by Technology

• • Blast Freezing
  • Vapor Compression
  • Programmable Logic Controller (PLC)
  • Evaporating Cooling
  • Cryogenic Systems
  • Others

Global Cold Chain Market by Region

• • North America Cold Chain Market
    Option 1: As a part of the free 25% customization
    • By Type
    • By Temperature Type
    • By Application
    • By Technology
    • US Market All-Up
    • Canada Market All-Up
  • Europe Cold Chain Market
    Option 2: As a part of the free 25% customization
    • By Type
    • By Temperature Type
    • By Application
    • By Technology
    • UK Market All-Up
    • Germany Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Cold Chain Market
    Option 3: As a part of the free 25% customization
    • By Type
    • By Temperature Type
    • By Application
    • By Technology
    • China Market All-Up
    • Australia Market All-Up
    • India Market All-Up
    • Rest of APAC Market All-Up
  • ROW Cold Chain Market
    Option 4: As a part of the free 25% customization
    • By Type
    • By Temperature Type
    • By Application
    • By Technology
    • Brazil Market All-Up
    • South Africa Market All-Up
    • GCC countries Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Leading market players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Americold Logistics LLC
  • Lineage Logistics Holdings, LLC
  • Nichirei Corporation
  • Swire Group
  • Agro Merchants Group
  • Kloosterboer Group B.V.
  • Interstate Cold
  • Burris Logistics, Inc.
  • Henningsen Cold Storage Company
  • Tippmann Group