Huge Growth of Cold Chain Market by Top Players - Kloosterboer, Preferred Freezer Services, Burris Logistics, Lineage Logistics, Thermotraffic Holland BV, Swire Cold Storage, AGRO Merchants Group, Cloverleaf Cold Storage, Americold Logistics, LLC., Inters
Cold Chain market size will grow from USD 189.93 Billion in 2017 to USD 291.49 Billion by 2023, at an estimated CAGR of 7.4%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growing consumer demand for perishable foods, growth of international trade due to trade liberalization, and expansion of food retail chains by multinationals are the factors driving the cold chain market. Government support for infrastructure development drives the cold chain industry. The cold chain market has been segmented by type into refrigerated storage and refrigerated transport. Refrigerated storage capacities are growing in the Asia-Pacific countries due to the increased need to reduce the loss of perishable foods. In North America and Europe, in the refrigerated transport industry is booming, mainly due to the advancement of technology in refrigerated trucks, vans, trailers, and maritime reefer containers. The refrigerated transport market is further segmented into subtypes which include air-blown evaporators and eutectic devices.
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· By Market Players: Americold Logistics, LLC , Preferred Freezer Services , Burris Logistics , Lineage Logistics Holdings, LLC , Nichirei Logistics Group Inc. , Swire Cold Storage Ltd. , Agro Merchants Group , Cloverleaf Cold Storage , Kloosterboer Group B.V. , Interstate Cold Storage Inc
· By Type: Refrigerated Storage , Refrigerated Transport , , ,
· By Temperature Type: Chilled , Frozen
· By Application: Fruits & Vegetables , Bakery & Confectionery , Dairy & Frozen Desserts , Fish, Meat, and Seafood , Others
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