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Americold Logistics, LLC., Burris Logistics, AGRO Merchants Group, Kloosterboer, Preferred Freezer Services, Lineage Logistics and Lineage Logistics; Cold Chain Market Revenue and Demand by 2022 With Key Players

12-03-2018 06:07 PM CET | Logistics & Transport

Press release from: P&S Intelligence

Americold Logistics, LLC., Burris Logistics, AGRO Merchants

The global cold chain market is expected to grow at a CAGR of 12.1% during 2018-2022. 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 development of cold chain industry has an important role to play in reducing the wastage of perishable commodities. It has also helped the governments in controlling inflammation of perishable commodities. Over the year, the pharmaceuticals manufacturing has shifted to developing countries of Asia-Pacific, owing to the favorable supports from the governments and easy availability of land and labor in these countries. The cold chain storage and logistic are extensively use for the refrigerated storage and transportation of temperature sensitive pharmaceutical products.

Turkey, China, India and Brazil are expected to witness the significant growth in cold chain market during the forecast period. The development of food processing sector, organized food retail along with government mandates for food safety in these countries are driving the growth of cold chain market. The growth of cold chain market in developing countries is also expected to be driven by the increasing adoption of efficient refrigeration technologies. The Asia-Pacific cold chain market has surpassed the market of North America.

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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.

Global Cold Chain Market Segmentation
By Application
• Fruits & Vegetables
• Bakery & Confectionery
• Dairy & Frozen Desserts
• Fish, Meat & Seafood
• Others
By Type
• Refrigerated Storage
• Refrigerated Transport

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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