The Food Cold Chain Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.
Global food cold chain market is projected to grow at a CAGR of 8.56% during the forecast period (2020 – 2025).
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The 105 Pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in Food Cold Chain Market: AmeriCold Logistics LLC, VersaCold Logistics Services, Lineage Logistics Holding LLC, Nichirei Corporation, AGRO Merchants Group, DSV, Kloosterboer Group BV, Gruppo Marconi Logistica, Henningsen Cold Storage Co.
– Cold chain for food is based on refrigeration and freezing technology for the storage, supply, processing, and distribution of food products, in order to ensure food quality, safety, and minimize loss.
– The growing technological advancements in monitoring, tracking, and managing the cold chain by various components, have fueled the cold chain market in the food industry. The technology helps in assisting the supply chain by real-time monitoring, which saves time and provides ease of monitoring with reduced product loss.
– Various factors driving the market are the technology used in food cold chain logistics, expanding organized food retail chain (supermarket/hypermarket), growing international trade, and government support for food supply chain.
Increased Global Trade of Perishable Products
Fresh foods like fruits, vegetables, meat, poultry, and dairy, require an uninterrupted cold chain, due to their perishable nature. By providing controlled temperature, humidity, and atmospheric conditions, the cold chain can increase the shelf life of the products. For example, fresh fruits and vegetables are perishable products, whose quality can deteriorate in 2-3 days. If kept in a refrigerated condition, product shelf life can increase by days or even months. Perishable products, such as meat, fish/seafood, fruits, vegetables, and dairy products, are traded in bulk, as compared to processed products. The shelf life of meat/fish is just a few hours. A region like the Middle East, which is majorly dependent on the import of food to meet its consumer’s demands, requires cold chain transport and storage.
Europe Holds the Largest Market Share in the Food Cold Chain Market
European region holds the largest share in the food cold chain market, globally, in terms of value, in 2018. There is a steady increase in demand, particularly for cold chain due to a continuous increase in domestic consumption of high-quality perishable commodities. Furthermore, emerging economies, such as China, India, Brazil, Mexico, South Africa, Argentina, and the Middle Eastern countries, are rapidly growing as a consumer-led economy. These economies are with huge consumer population, warmer climate and so, provide a significant contribution in global food trade. Hence the cold chain development rate is much higher in these economies.
Global food chain companies are significantly contributing to the cold chain development with regional players, for better market penetration and expansion. Major Key Players include Americold Logistics, Lineage Logistics (Preferred Freezer Services), Nichirei Corporation, and VersaCold Logistics Services, among others.
Influence Of The Food Cold Chain Market Report:
-Comprehensive assessment of all opportunities and risk in the Food Cold Chain market.
– Food Cold Chain market recent innovations and major events.
-A detailed study of business strategies for growth of the Food Cold Chain market-leading players.
-Conclusive study about the growth plot of Food Cold Chain market for forthcoming years.
-In-depth understanding of Food Cold Chain market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Food Cold Chain market.
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.
Analytical Tools: The Food Cold Chain Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
The report has 150 tables and figures browse the report description and TOC:
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