Press release
Global Cold Chain Logistics Market – by Type, Temperature Type, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Cold Chain Logistics refer to the collection of temperature controlled surface transportation, distribution, and storage activities. By Cold Chain, freezing solutions are provided to keep the quality and shell life of products intact. Storage of products related to agriculture, sea food, photographic film, chemicals, and pharmaceutical drugs are done. The Global Cold Chain Logistics Market was worth 185.41 Billion USD in 2018 and is estimated to reach 417.63 Billion USD by 2025 with a CAGR of 12.3% during the forecast period.Growth by Region
North America is expected to dominate the Global Cold Chain Logistics Market having 34 % of total market share in 2017 followed by Asia-Pacific region, Europe.
Drivers vs. Constraints
The increase in the organized retail & food service industry market and upsurge in export demand for processed and frozen foods lead to the growth of Global Cold Chain Logistics market.
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High cost of transportation and problems faced of customs clearance across borders restrain the market growth.
Industry Structure and Updates
In 2016, United States Cold Storage, Inc. (U.S) purchased the warehouse and assets of CFC Logistics Inc. from Clemens Food Group.
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Ms. Laura Daniel
MarkGenes Business Consulting
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laura@markgenes.com
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www.markgenes.com
Markgenes is a Market Intelligence and Business Consulting firm with Market Research as its core combining unparalleled experience, comprehensive capabilities across all industries and business functions while putting together the teams with strong functional knowledge and technical expertise
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