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Refrigerated Transport Market 2018: Comprehensive Study On DAIKIN INDUSTRIES Ltd., UNITED TECHNOLOGIES, Ingersoll- Rand plc, Singamas Container Holdings Ltd., Lamberet SAS, The Maersk Group, Bay and Bay Transfer Co. Inc., Hunt Transportation , and Opus9 a
Press release from: Data Bridge Market Research
Global Refrigerated Transport Market is expected to reach USD 20.80 billion by 2025, from USD 13.87 billion in 2017 growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In 2017 food industry saw sale of about USD 500 million from cold meat and vegetables alone. Recent developments have seen much growth for refrigerated foods with stringent regulations regarding production, processing and quality of packaged foods. Bakery and confectionary along with refrigerated meat sections have seen increase in the demands due to change in the life style of people.
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Global Refrigerated Transport Market, By Application (Chilled, Frozen), Mode of Transportation (Road, Sea, Air, Rail), Technology (Evaporators, Eutetic Devices), Temperature (Single Temperature, Multi Temperature) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
By Mode of transportation
• Eutetic Devices
• Single Temperature
• Multi Temperature
Key Market Competitors: Global Refrigerated Transport Market
The key players operating in the global refrigerated transport market are –
• DAIKIN INDUSTRIES, Ltd.
• UNITED TECHNOLOGIES
• Ingersoll- Rand plc
• Singamas Container Holdings Ltd.
• Lamberet SAS
• China International Marine Containers (Group) Ltd.,
• Utility Trailer Manufacturing Company,
• HYUNDAI Merchant Marine CO. LTD.,
• Schmitz Cargobull AG,
• Nestle SA,
• Tyson Foods Inc.,
• The Kraft Heinz Company,
• Smithfield Foods Inc.,
• Kellogg Co.,
• Conagra Brands Inc.,
• Aryzta AG,
• Wabash National Corporation,
• General Mills Inc.,
• Del Monte Food Inc.,
• C.H. Robinson Worldwide Inc.,
• The Maersk Group,
• Bay and Bay Transfer Co. Inc.,
• Hunt Transportation and
• Opus9 among others.
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• Integration of transport systems and multi temperature systems.
• Increase in demand of cold stored and frozen edible items.
• Increasing pace of international trade.
Competitive Landscape: Global Refrigerated Transport Market
The global refrigerated transport market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of refrigerated transport market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In August 2018, CSC Brand LP shifted their focus to packaged based soup products, enabling new horizons in refrigerated foods and its subsequent transportation. The firm has also acquired Snyder’s- Lance to expand its territories in the market.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Data Bridge Market Research
This release was published on openPR.
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