Cold Chain Logistics Market Scope
Cold chain logistics refers to the continuous procedure of refrigerated production, storage and distribution activities with preferred low-temperature range. Cold storage is used to extend and preserve shelf life of products. Increasing applications in healthcare and pharmaceutical industry and growing organized retail sector are the key factors driving the cold storage logistics market. Further, market leaders are focusing on developing RFID logistic management technique for smooth operational process expected to drive the market.
According to AMA, the Global Cold Chain Logistics market is expected to see growth rate of 15.72%
Numerous players are present in the market hence fragmented nature of the market. Market leaders are focusing on investments, technological developments, new service launches, acquisitions and expansions across the globe to gain a competitive advantage. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cold Chain Logistics market throughout the predicted period.
Americold Logistics (United States), Preferred Freezer Services (United States), Burris Logistics (United States), Lineage Logistics (United States), Nichirei Logistics (Japan), Swire Cold Storage (Australia), Agro Merchants Group (United States), Kloosterboer Group B.V. (Netherlands), Interstate Cold Storage, Inc. (United States), Versacold International Corporation (Canada), Congebec Logistics, Inc. (United States), Conestoga Cold Storage (Canada) and United States Cold Storage, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Cloverleaf Cold Storage (United States), Henningsen Cold Storage Company (United States) and Nordic Logistics and Warehousing, LLC (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Cold Chain Logistics market by Type (Refrigerated Storage and Cold Chain Logistics), by Application (Fruits and Vegetables, Bakery & Confectionary, Dairy & Frozen Desserts, Meat, Fish & Sea Food, Drugs & Pharmaceuticals and Others) and Region with country level break-up.
On the basis of geography, the market of Cold Chain Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
30 January 2019, “Interstate Warehousing, a public refrigerated Warehouse Company in the United States expanding Murfreesboro Facility which was originally built in 2006. After the expansion, this facility will stand at more than 500,000 square feet. As a result of this project, several new jobs will be created in 2019.”
- Rising Popularity of Perishable Foods among Consumers
- Increasing Demand for Convenience Food among Millennials
- Emergence of Refrigerated Warehouses among Organized Retail
- Growing Demand for Processed Food Sector
- Emergence of RFID Logistic Management Technique with Cold Chain Monitoring
- Expansion of Food Retail Chains and Organized Retail Sector
- Increasing Applications in Healthcare and Pharmaceutical Industry
- High Operational Cost Associated with Cold Chain Logistics
- Environmental Concerns about Greenhouse Gas Emissions
- Lack of Trained Resources and Infrastructural Support in Developing Market
Key Target AudienceWarehouse Owners, Refrigerated Storage Owners, Cold Chain Equipment Manufacturers & Suppliers, Refrigeration Solutions Providers, Food Processing Businesses, Seafood Companies, Livestock Producers, Logistics Service Providers, Warehousing Agents, Government Agencies and Non-Governmental Organizations, The International Association of Refrigerated Warehouse (IARW) and Global Cold Chain Alliance (GCCA)