openPR Logo
Press release

Indian Cold Chain Market is Expected to Reach INR 2,618 Billion by 2024

04-03-2019 08:04 AM CET | Logistics & Transport

Press release from: IMARC Group

Indian Cold Chain Market 2019 - 2024

Indian Cold Chain Market 2019 - 2024

The Indian cold chain market has witnessed robust growth in recent years. This can be attributed to the constant efforts by the Government of India for improving infrastructure by altering existing policies and offering tax redemptions to cold chain handlers.

Request for a free sample copy of this report: https://www.imarcgroup.com/indian-cold-chain-market/requestsample

According to the latest report by IMARC Group, titled “Indian Cold Chain Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Indian cold chain market reached a value of INR 1,121 Billion in 2018, growing at a CAGR of 21.9% during 2011-2018. India is one of the world’s largest producers of milk, meat, fruits, vegetables and fishes on account of its diverse agro-climatic zones. Despite this, a large part of the fresh produce gets wasted every year due to the lack of adequate cold storage and transportation facilities in the country. Although the cold chain market in India is currently at a nascent stage, it is anticipated to experience considerable growth in the upcoming years.

To Purchase a Complete Report on Indian Cold Chain Market, Click Here: http://bit.ly/2Vie6yc

Market Trends:

Understanding the importance of cold chain facilities, the Government of India has extended its support for improving the transportation and storage infrastructure in the country with the help of agencies such as NABARD, National Horticultural Board (NHB), Ministry of Food Processing Industries (MoFPI) and Agricultural and Processed Food Export Development Authority (APEDA). Apart from this, the government is also permitting 100% FDI and offering tax reductions to handlers in the cold chain industry. Moreover, as several healthcare products like biopharmaceuticals, vaccines and clinical trial materials are heat sensitive, the growing pharmaceutical industry has further catalyzed the demand for these facilities. Besides, the expansion of the organized food retail sector is anticipated to boost the market growth. By 2024, the market value is projected to reach INR 2,618 Billion, expanding at a CAGR of 14.8% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/indian-cold-chain-market

Insights on Market Segmentation:

Breakup by Segments:

1. Cold Chain Storage

2. Cold Chain Transportation

Based on segments, the market has been bifurcated into cold chain storage and cold chain transportation. At present, cold chain storage dominates the market, holding the largest share.

Breakup by Product:

1. Fruits and Vegetables

2. Meat and Fish

3. Dairy Products

4. Healthcare Products

On the basis of products, the market has been segregated as fruits and vegetables, meat and fish, dairy products, and healthcare products. Currently, the fruits and vegetables segment holds the majority of the total market share.

Breakup by Sector:

1. Private

2. Cooperative

3. Public

The market has also been divided on the basis of sectors which include private, cooperative and public. Amongst these, the private sector accounts for the biggest market share.

Breakup by Organised and Unorganised:

1. Organised

2. Unorganised

The market has been divided into organized and unorganized segments. Presently, the unorganized segment exhibits a clear dominance in the market.

Breakup by State:

1. Uttar Pradesh

2. West Bengal

3. Punjab

4. Gujarat

5. Bihar

6. Andhra Pradesh

7. Madhya Pradesh

8. Maharashtra

9. Karnataka

10. Haryana

11. Chhattisgarh

12. Orissa

13. Tamil Nadu

14. Others

State-wise, the market has been segmented into Uttar Pradesh, West Bengal, Punjab, Gujarat, Bihar, Andhra Pradesh, Madhya Pradesh, Maharashtra, Karnataka, Haryana, Chhattisgarh, Rajasthan, Orissa, Tamil Nadu and Others. Amongst these, Uttar Pradesh is the biggest market, accounting for the majority of the market share.

Competitive Landscape:

The competitive landscape of the market has been examined in the report along with the detailed profiles of major players that are operating in the market.

Related Reports:

North America Cold Chain Market: https://www.imarcgroup.com/north-america-cold-chain-market

Food Logistics Market: https://www.imarcgroup.com/food-logistics-market

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Indian Cold Chain Market is Expected to Reach INR 2,618 Billion by 2024 here

News-ID: 1684793 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for India

India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035). India Smart Air Purifier Market Overview The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the
12-11-2018 | Health & Medicine
Pasta
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will