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Cold Chain Market Size, Share, Trends, Growth Opportunities, Application, Key Players and Demand by 2022

05-09-2018 06:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

Cold Chain Market Size, Share, Trends, Growth Opportunities,

The global cold chain market is expected to grow at a CAGR of 12.1% forecast to 2022. Among the various applications, the fish, meat & seafood segment accounted for largest share in the global cold chain market. The dairy & frozen desserts application segment is expected to witness the fastest growth during the forecast period.

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The global cold chain market is expected to witness a lucrative growth during the next six years. The global refrigerated warehouse capacity has increased by 28% in 2015, as compared to the total refrigerated warehouse capacity in 2012. India (139 million cubic meters) surpassed the cold chain capacity of the U.S. (119 million cubic meters) in 2014, and became the largest cold chain market by capacity. China (82 million cubic meters) is the third largest cold chain market by capacity.

The markets as well as the upstream and downstream cold chain management in these regions are mostly unorganized. The food and beverages industry in the developing market suffer largely by the fragmented supply chains, low level of value addition, low economies of scale, and insufficiency of marketing infrastructure. This is hindering the full flooded growth of the cold chain market in developing countries.

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Some of the major companies operating in the global cold chain market include, Americold Logistics LLC, Burris Logistics, Nichirei Logistics Group Inc., Agro Merchants Group, Kloosterboer Group B.V., Preferred Freezer Services, Lineage Logistics Holdings LLC, Swire Cold Storage Ltd., Cloverleaf Cold Storage, and Henningsen Cold Storage Company.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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