Global Food and Beverage Cold Chain Logistics Market Overview:
Food and beverage cold chain logistics is refer as the process of storing and transporting food and beverages in a temperature-controlled environment is done. Goods like meat, seafood, beverages, and frozen foods are stored in a temperature-controlled environment and then transported. The market of Food and beverage cold chain logistics is increasing due to the rising import export activity. In many region there is shortage of the several food and beverage item that's why they are been transported According to AMA, the Global Food and Beverage Cold Chain Logistics market is expected to see growth rate of 6.7% and may see market size of USD56.8 Billion by 2024.
- Increase in the frozen food consumption
- Growing in the urbanisation is further adding the growth in the frozen food market
- To increase productivity and save space, there is growing use of fuel cell-based forklifts in refrigerated warehousing
- Growing popularity of blockchain technology to improve cold chains traceability
- Rising focus on multiple modes of transportation
- High cost associated in building and operating of cold chains
- Lack of efficient support in logistic
- Growing organised retail sector in the region of APAC
- Capacity-related issues due to seasonal demand for refrigerated products
- Availability of low skilled labours
Some of the key players profiled in the report are AGRO Merchants Group (United States), Americold (United States), John Swire & Sons (United Kingdom), Lineage Logistics (United States), Preferred Freezer Services (United States), Kloosterboer Group (Netherland), Nichirei Logistics Group (Japan), Preferred Freezer Services (United States), Blokland Cold Stores B.V. (Netherland), Bring Frigoscandia (Norway) and Burris Logistics (United States). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Food and Beverage Cold Chain Logistics market by 2024. Considering Market by Temperature type, the sub-segment i.e. Chilled will boost the Food and Beverage Cold Chain Logistics market. Considering Market by Means of temperature control, the sub-segment i.e. Conventional Refrigeration will boost the Food and Beverage Cold Chain Logistics market. Considering Market by Technology, the sub-segment i.e. Blast Freezing will boost the Food and Beverage Cold Chain Logistics market.
AGRO Merchants Group, a global leader in cold storage and logistics solutions, announced the acquisition of Transmode, a leading regional transportation business based in Paulsboro, NJ with most of its business operations in Philadelphia, PA. This transaction substantially enhances AGRO’s North East transportation operations with a primary focus on meat and other protein commodities
AGRO Merchants Group, announce receipt of the first shipment of fresh produce through the Port of Savannah. The fresh Peruvian table grapes were shipped by Divine Flavor, a grower-owned distribution partner of the Mexican-based Grupo Alta
Food and Drug Administration (FDA), set requirements and minimum safety standards for the handling of many consumer foods and temperature-sensitive products
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food and Beverage Cold Chain Logistics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food and Beverage Cold Chain Logistics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Warehouse owners, Refrigerated storage owners, Cold chain equipment manufacturers & suppliers, Refrigeration solutions providers, Government agencies and non-governmental organizations, The International Association of Refrigerated Warehouse (IARW), Global Cold Chain Alliance (GCCA), Food processing businesses, Seafood companies, Livestock producers, Logistics service providers, Cold logistics players and Warehousing agents.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.