Title: Cold Chain Market 2020: Rising with Immense Development Trends across the Globe by 2026
1Cold Chain Market To Reach USD 358.2 Billion By
2026
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2 Market Summary
A continuous growth in the population, increase
in demand for high quality perishable food
products, increase in healthy food products like
fruits and vegetables couple with an increase in
the national and international trade activities
are some of the key factors contributing to high
CAGR of cold chain market during forecast
period. Market Size USD 197.2 Billion in 2018,
Market Growth - CAGR of 7.7, Market Trends
Growing demand for perishable food
products. According to the current analysis of
Reports and Data, the global cold chain market
was valued at USD 197.2 Billion in 2018 and is
expected to reach the value of USD 358.2 Billion
by the end of the year 2026, at a CAGR of 7.7.
3 Our Approach
Market Summary
- The cold chain market is considered to be the
backbone of the agricultural industry. The cold
chain consists of pre-cooling, refrigerated
storage, and refrigerated transport of perishable
food products. Despite the increasing importance
of cold chain processes in food and
pharmaceutical industry, the prevalence of cold
chain management is still very weak in most of
developing countries. - Due to expansion in the food industry coupled
with initiatives taken by the government to
reduce food wastage, cold chain infrastructure
has increased extensively in past years.
Developing an undisturbed chain of storage and
distribution of perishable products is highly
crucial in order to help the farmers gain higher
value for their produces and ensure safe and
quality product delivery to the end-users. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- The cold chain market is growing at a CAGR of 5
in the Asia Pacific region, followed by Europe
and North America, with 7.5 and 7.4 CAGR,
respectively. Increase in food spoilage coupled
with an increase in demand for high-quality
perishable products is expected to drive the
growth of the cold chain market. - Europe is the dominating cold chain with the
highest market share of around 28.6 of the
global market. European regional market is the
chief revenue-generating source for this product
segment, followed by Asia Pacific and North
American regions. - With an increase in food-borne diseases, people
are more concern about the quality and the safety
of the food product. Various techniques are
deployed in order to test the quality of the
frozen food product. For example, gas
chromatography is performed on the food product
to ensure it meets the quality standards
throughout the delivery process. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/cold-chain-market
5 Our Approach
Market Summary
- Key participants include Americold Logistics LLC,
Burris Logistics, Lineage Logistics Holding, LLC,
Preferred Freezer Services, Inc., Nichirei
Logistics Group Inc, Nordic Logistics and
Warehousing LLC, Swift Transportation, Trenton
Cold Storage, Interstate Cold Storage Inc,
Henningsen Cold Storage Co., and VersaCold
Logistics Services. - For the purpose of this report, Reports and Data
has segmented the Cold chain market on the basis
of type, temperature type, application type,
technology, and region - Type (Volume in Thousands Unit Revenue in USD
Million 20162026) - Refrigerated Storage
- Refrigerated Transport
- Temperature Type (Volume in Thousands Unit
Revenue in USD Million 20162026) - Chilled
- Frozen
6 Our Approach
Market Summary
- Application Type (Volume in Thousands Unit
Revenue in USD Million 20162026) - Dairy and Frozen Desserts
- Meat and Seafood
- Fruits and Vegetables
- Bakery and Confectionery
- Pharmaceutical
- Others
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7 Our Approach
About Us
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aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
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