The Global Cold Chain Market Size is Estimated to Reach USD 628.26 Billion by 2028 with a CAGR of 14.8% from 2021 to 2028.
A cold chain is a supply chain that is temperature-controlled and used to store, transport, and distribute temperature-sensitive goods that must be kept within a specific temperature range to avoid spoiling. In order to keep the products from going bad, the cold chain suppliers regularly check the temperature of their facilities. Fruits, vegetables, pharmaceuticals, meats, and other products, among others, are among the temperature-sensitive goods. From the manufacturing facility until the product is delivered to the customers, the producers of sensitive goods rigorously monitor the temperature at each stage of transit. As technology advances, producers of delicate food products are adding remote monitoring systems for their cold chain equipment so that the temperature may be controlled in real time.
The cold chain market is extremely fragmented, especially in growing regions in South America, Africa, and Asia. These regions’ cold chain service providers lack the funding and technological capabilities necessary to construct high-quality cold chain facilities. The ineffective organization and application of controls for standard compliance, together with the lack of adequate food storage, processing, and cold chain logistics, continue to be major challenges in these nations. The issues faced by cold chain service providers in a cold chain network range from procurement to delivery at retail. South American and Asia-Pacific nations’ transportation systems are inefficient and poorly connected.
Key players covered in this Report:
Gubba Cold Storage
Foster Cold Storage
Kelvin Cold Chain Logistics Pvt. Ltd.
Fruits & Vegetables
Bakery & Confectionery
Fish & Seafood
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cold Chain Market in these regions:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some points from Table of Content
1 Cold Chain Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Cold Chain
1.3 Cold Chain Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Cold Chain
1.4.2 Applications of Cold Chain
1.5 Market Exchange Rate
2 Research Method and Logic
2.2 Research Data Source
Key questions answered by the report
- What is the expected CAGR in terms of revenue for the cold chain market over the forecast period (2022-2030)?
- What was the cold chain market valued at in 2021?
- Which factors are expected to drive adoption of cold chain?
- Which was the leading segment in the cold chain market on the basis of type in 2021?
- What are some restraints for growth of the cold chain market?
- Who are the top players or companies in the cold chain market or industry?
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