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Outstanding Scope of Cool Chain Market is Estimated to Grow Incredible CAGR till 2025 |Analysis by Top Key Vendors - Logistics Group, Lineage Logistics, OOCL Logistics, Burris Logistics

03-26-2020 08:15 AM CET | IT, New Media & Software

Press release from: Business Industry Reports

/ PR Agency: Business Industry Reports
Cool Chain Market

Cool Chain Market

The global Cool Chain Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the Cool Chain market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2020-2024.

Global Cool Chain Market overview:

The report of global Cool Chain Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/253329

With the slowdown in world economic growth for perishable food items, growth of international trade due to trade liberalization, and expansion of the organized food retail industry are some of the factors driving the growth of the market. Government support for infrastructural development in several developing regions also fuels the growth of this industry.

The Global Cool Chain Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Cool Chain Market is sub segmented into Refrigerated Storage, Cold Chain Logistics. High energy costs are a growing concern for cold chain providers. Energy costs are the highest in North America and Europe, followed by labor costs. In refrigerated storage facilities, traditional florescent light fixtures (which are switched on throughout the year) are used because it is mandatory to do so for a refrigerated storage facility. This leads to loss of energy and high costs.

 Based on End Use Industry segment, the Cool Chain Market is sub segmented into Food and Beverages, Healthcare. Dairy & frozen desserts are witnessing high demand due to economic growth, rapid urbanization, and the use of sophisticated marketing channels, which have led to significant changes in dietary patterns. Frozen fruits & vegetables are often available in easy-to-open re-sealable packaging, which allows longer storage and portion control without wastage.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are AmeriCold Logistics, Nichirei Logistics Group, Lineage Logistics, OOCL Logistics, Burris Logistics, VersaCold Logistics Services, JWD Group, Swire Group, Preferred Freezer Services, Swift Transportation, AGRO Merchants Group, LLC, XPO Logistics, CWT Limited, Kloosterboer, NewCold Cooperatief U.A, DHL, SCG Logistics, X2 Group, AIT, Gruppo Marconi Logistica Integrata, Best Cold Chain Co, A.B. Oxford Cold Storage, Interstate Cold Storage, Assa Abloy, Cloverleaf Cold Storage, Chase Doors.

Key Questions Answered in this Report:

1 What will the market size be in 2023?

2 What are the key factors driving the Global Cool Chain Market?

3 What are the challenges to market growth?

 4 Who are the key players in the Global Cool Chain Market?

 5 What are the market opportunities and threats faced by the key players?

Buy Cool Chain Market analysis & forecast 2020-2024 Report along with complete TOC@ https://www.businessindustryreports.com/buy-now/253329/single

Latest Industry Updates:
Lineage Logistics:-The world's largest and most innovative provider of temperature-controlled logistics solutions, today announced its official partnership with Feeding America®, the largest hunger-relief organization in the United States. Since the partnership's inception in January, Lineage has donated $150,000, the equivalent of 1.5 million meals*, in addition to time and supply chain expertise to the leading non-profit.

"Feeding America's incredible mission so closely aligns to the purpose of Lineage Logistics, which is to transform the food supply chain to eliminate waste and help feed the world," said Greg Lehmkuhl, Lineage's President and Chief Executive Officer. "We are thrilled to support Feeding America in their fight to connect people to food and end hunger in the United States and beyond." "We're proud to welcome Lineage as a new partner of Feeding America," "said Brittany DeRose, Director of Corporate Partnerships. "Their global warehouse network, supply chain experience and commitment to eliminating food waste is an asset to Feeding America."

Since January, Lineage team members have donated over 12,000 pounds of food through food drives, and volunteered over 2,500 hours at Feeding America member food banks nationwide, helping to pack nearly 1 million meals for food insecure families across the country. The Company sponsored 120 volunteer events in September alone in support of Hunger Action Month® - Feeding America's annual awareness campaign designed to mobilize the public to take action on the issue of hunger.

Cool Chain Market: Region-wise Outlook

Asia Pacific was a prominent market for Cool Chains in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Cool Chain market in Asia Pacific.

There are several manufacturers of Cool Chains in Europe and North America. In North America, the demand for Cool Chains is primarily driven by the residential sector. Improved standards of living and rising usage of Cool Chains for flooring purpose are anticipated to drive the market in North America.

As per regional analysis, The European region is estimated to account for the largest share, in terms of value, in the global market, in 2019. There is a steady increase in demand, particularly for cold chain due to a continuous increase in domestic consumption of high-quality perishable commodities. Asia Pacific shows significant growth potential for the cold chain industry due to the increase in awareness about the prevention of food wastage before consumption, growth of the organized retail sector, rise in consumer demand for perishable foods, and government support & initiatives in this sector. The region is projected to surpass the size of the European market by 2024.

 Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/253329

Table of Contents:

Global Cool Chain Market Report 2020

1 Cool Chain Definition

2 Global Cool Chain Market Major Player Share and Market Overview

3 Major Player Cool Chain Business Introduction

4 Global Cool Chain Market Segmentation (Region Level)

5 Global Cool Chain Market Segmentation (Product Type Level)

6 Global Cool Chain Market Segmentation (Industry Level)

7 Global Cool Chain Market Segmentation (Channel Level)

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BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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