Cold Chain Market in Asia-Pacific Accounted For the Major Share in the Industry Globally, Interstate Cold, Preferred Freezer Services, Versacold Logistics,

The global cold chain market is predicted to grow at 9.4% CAGR during the forecast period with the market size reaching USD 325.9 billion by 2024. The increasing demand for processed food and increasing need for its preservation, increasing demand for temperature control system to avoid health hazards, increasing penetration of e-commerce in food and beverage industry are the key factors leading to the growth in the cold chain market, globally.

Explore Full Report Description At: https://www.vynzresearch.com/semiconductor-electronics/cold-chain-market

Consumer inclination towards convenience foods with least amount of chemical preservatives use further supports the demand for refrigeration in the supply chain for storage and transport purpose. Refrigeration is vital in ensuring the consumption of safe food with regard to microbial, nutritional and organic quality. With the changing lifestyle and urbanization, people tend to visit retailers or grocery outlet once a week, therefore, fruits & vegetables, meat, and dairy products must have a self-life of a minimum one week. This supports the growth of the cold chain market, globally.

Asia-Pacific accounted for the major share in the cold chain industry in 2017, globally due to the increasing foreign direct investment (FDI) inflow in the emerging economies such as India, Vietnam and Indonesia. The large population base of increasing urbanization, increasing demand for processed food is other key factors leading to the largest share of the region. North America is the second largest cold chain market as U.S. is home to the most of the major players worldwide, which is due to the fact that the U.S. population is more inclined towards the adoption of convenience food.

Get Free Report Sample At: https://www.vynzresearch.com/semiconductor-electronics/cold-chain-market/request-sample

Market players in the cold chain industry are investing capital to develop and adopt technologically advanced systems with lower greenhouse emission and energy efficient refrigeration systems. Americold Logistics, Interstate Cold, Preferred Freezer Services, Versacold Logistics, Agro Merchants Group, Nichirei Corporation, Lineage Logistics Holdings, LLC, Burris Logistics, Swire Cold Storage and Kloosterboer Group B.V. are some of the key players offering solutions in cold chain industry.

Global Cold Chain Market Coverage

Type Insight and Forecast 2014-2024

Refrigerated Transport
Refrigerated Storage
Application Insight and Forecast 2014-2024

Bakery & Confectionery
Fish, Meat & Seafood
Fruits & Vegetables
Dairy & Frozen Desserts
Others
Geographical Segmentation

Cold Chain Market by Region

North America

U.S.
Canada
Europe

Germany
U.K.
France
Italy
Spain
Austria
Ukraine
Belgium
Norway
Portugal
Poland
Denmark
Sweden
Netherlands
Hungary
Switzerland
Russia
Rest of Europe
Asia-Pacific

China
India
Japan
Australia
South Korea
Indonesia
Rest of Asia-Pacific
Rest of the World

Brazil
Mexico
Chile
Argentina
Iran
Egypt
Turkey
Saudi Arabia
U.A.E
South Africa
Uruguay
Other Countries

About VynZ Research :

VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as chemical and materials, automotive and transportation, energy and power, consumer goods, healthcare, ICT and other emerging technologies.

Contact
Kundan Kumar
Manager: Client Care
VynZ Research
Toll-Free:+919960288381
Website:https://www.vynzresearch.com
Email: support@vynzresearch.com
Connect With us:Linkedin | Twitter |Google | Facebook

This release was published on openPR.