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Cold Chain Logistics Market by Application Type (Fruits & Vegetables, Dairy & frozen desserts, Bakery & Confectionary, Meat, Fish & sea food, Drugs & pharmaceuticals, and Others) - Global Opportunity Analysis and Industry Forecasts, 2014-2022

01-17-2019 03:00 PM CET | Logistics & Transport

Press release from: Allied Market Research

Cold Chain Logistics Market

Cold Chain Logistics Market

Increasing demand of frozen cooked & semi-cooked food amongst retail as well as business consumers, in the developing countries would fuel the cold chain logistics market in coming years. However, players operating in the market face challenges such as lack of deep freezing facilities in small retail shops, in semi- urban and rural areas of emerging markets.

Cold Chain Logistics Market by Allied Market Research projects that the global cold chain logistics market is expected to garner $426,275 million by 2022, growing at a CAGR of 16% (2016 to 2022). Asia-Pacific is expected to grow at the fastest pace during the forecast period and account for around 42% of the overall cold chain logistics market share by 2022. The growth would be supplemented by the upsurge in organized retail in the developing economies.

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Growth of international trade for perishable processed food, changing consumption pattern for perishable food, and government support toward infrastructure development for the cold chain sector are some of the factors expected to drive the cold chain logistics market in coming years. Cold chain logistics market in the developing economies is still evolving; market is not well organized and is operating under capacity. Due to current demandsupply gap in the market, the fragmented cold chain logistics market offers lucrative business opportunities for the new entrants.

Based on application type the, cold chain logistics market is segmented into fruits & vegetables, bakery & confectionary, dairy & frozen desserts, meat, fish & sea food, drugs & pharmaceuticals, and others. Among all applications types, meat, fish & sea food segment generated the highest revenue, accounting for and accounted for around 35% of the cold chain logistics market revenue in 2015. However, drugs & pharmaceuticals segment is expected to witness fastest growth during the forecast period.

Around 59% of the companies analyzed during research adopted mergers and acquisition as their strategies to gain competitive advantage. In an effort to gain expertise in the field of cold chain logistics, companies are enhancing their market reach. For instance, in 2016 United States Cold Storage, Inc. (U.S.) completed the purchase of the warehouse and assets of CFC Logistics Inc. from Clemens Food Group.

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High penetration of cold chain logistics in the U.S. market is attributed to the high consumption of frozen food (ready meals, frozen bakery and others), and increase in government regulations to maintain food quality standards. China holds the maximum percentage of the cold chain logistics market share in the Asia-Pacific region followed by India, Japan, South Korea, and Australia. However, rural &sub-urban areas of developing markets such as India and China still have underdeveloped cold chain infrastructure.

Key market players present in cold chain logistics market are Americold Logistics (U.S.), Lineage Logistics (U.S.), Swire Group (U.K.), VersaCold Logistics Services (Canada), AGRO Merchants Group, LLC (U.S.), Nichirei Logistics Group Inc. (Japan), Preferred Freezer Services (U.S.), Congebec Logistics, Inc. (U.S.), Burris Logistics (U.S.), Conestoga Cold Storage (Canada), United States Cold Storage, Inc. (U.S.), and Interstate Warehousing, Inc. (U.S.).

Cold Chain Logistics Market Key Benefits:

• This study provides an in-depth cold chain logistics market analysis to elucidate the imminent investment pockets.
• The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
• Porter’s Five Forces analysis highlights the potency of suppliers & buyers and describes the competitive scenario of the market, which is expected to facilitate efficient business planning.
• This report presents a detailed quantitative analysis of the current cold chain logistics market along with trends and future estimations to identify the prevailing market opportunities.

List of Figures

FIG. 1 Top Impacting Factors
Fig. 2 Top Winning Strategies In The Cold Chain Logistics Market (2013-2016)
Fig. 3 Top Winning Strategies (%) (2013-2016)
Fig. 4 Top Investment Pockets
Fig. 5 Porters Five Forces Analysis Of Cold Chain Logistics Market
Fig. 6 Market Share Analysis Of Cold Chain Logistics, 2015
Fig. 7 Organized Retail Market (U.S. $ Billions, 2015)
Fig. 8 Major International Cold Chain Logistics Market
Fig. 9 Global Biopharma Sales
Fig. 10 Refrigerated Warehouse Electricity Consumption (%)
Fig. 11 Global Rfid Market (U.S. $ Billions, 2012-2022)
Fig. 12 Global Cold Chain Market Share By Type, 2015
Fig. 13 Global Cold Chain Logistics Market For Fruits & Vegetables, ($ Million), Growth (%) 2015-2022
Fig. 14 Global Cold Chain Logistics Market For Bakery & Confectionary, ($ Million), Growth (%),2015-2022
Fig. 15 Global Cold Chain Logistics Market For Dairy & Frozen, ($ Million), Growth (%)2015-2022
Fig. 16 Global Cold Chain Logistics Market For Meat, Fish & Sea Food, ($ Million), Growth (%) 2015-2022
Fig. 17 Global Cold Chain Logistics Market For Drugs & Pharmaceuticals, ($ Million), Growth (%)2015-2022
Fig. 18 Global Cold Chain Logistics Market For Other Industries, ($ Million), Growth (%)2015-2022
Fig. 19 Global Cold Chain Logisitcs Market Share By Geography, 2015
Fig. 20 North America Cold Chain Logistics Market, ($ Million), Growth (%), 2015-2022
Fig. 21 Europe Cold Chain Logistics Market, ($ Million), Growth (%), 2015-2022
Fig. 22 APAC Cold Chain Logistics Market, ($ Million), Growth %, 2015-2022
Fig. 23 LAMEA Cold Chain Logistics Market, ($ Million), Growth (%), 2015-2022

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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