Cold chain Logistics Market Top Key Players - AmeriCold Logistics, Lineage Logistics Holdings, United States Cold Storage, VersaCold Logistics Services, AGRO Merchants Group, Interstate Warehousing, Frialsa Frigotificos, Burris Logistics Inc.
Temperature-controlled transportation covers a broad spectrum of temperature ranges, including controlled room temperature (CRT, which refers to 15°C to 25°C/ 59°F to 77°F), refrigerated (2°C to 8°C/ 35.6°F to 46.4°F) or even cryogenic (below 0°C/ 32°F).
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COLD CHAIN LOGISTICS MARKET DYNAMICS
Cold chains are essential to sustain the quality and extend the shelf-life of perishable products, such as seafood, chemicals, frozen foods, and medicinal drugs. Gel pack which consists of phase changing substance that can go from liquid to solid and vice versa is a common method to provide low temperature. Eutectic plates also known as cold plates work on the same principle as gel packs.
The task is labour dependent as each container should be plugged & unplugged manually and monitor the temperature inside the reefers should be monitored regularly. Reefer stacking areas are usually dependent on the three approaches such as wheeled storage, stacked storage, and rack storage.
Top impacting factors:
• Increase in Refrigerated Warehouses
• Growth in Pharmaceutical and Food sectors
• Lack of Standardisation
• High Operational Costs
COLD CHAIN LOGISTICS MARKET SEGMENTATION
• Pharmaceutical Industry
• Food Industry
• Fruits and Vegetables
• Bakery and Confectionery
• Dairy & Frozen desserts
• Fish & Sea Foods
• Drugs & Pharmaceuticals
• North America
• Asia Pacific
• Middle East and Africa
• Latin America
COVID-19 IMPACT ON COLD CHAIN LOGISTICS MARKET
The pandemic has created growth opportunities within the cold chain industry, resulting in propelling the demand for cold chain outsourcing, refrigerated transportation, warehousing and many other areas that quickly became amplified immediately following the pandemic lockdowns.
International movement of refrigerated products continues to be delayed as a result of the pandemic. With the advent of new foreign food inspection regulations, port congestion, reefer container shortages and port congestion being the nemesis of expedited food delivery, cold chain storage has been a hot growth area.
RECENT DEVELOPMENTS IN COLD CHAIN LOGISTICS MARKET
The market is at an all-time high right now due to the demand for food and pharmaceuticals. Because of this, innovations of ways to keep the quality and freshness of products are coming up very frequently. The goal is for the products to reach the consumer’s rising demands.
Companies specializing in temperature-controlled packaging use single-use or reusable packaging. There are new refrigerated shipping systems that have no more use of gel coolants.
Stricter regulations on shipped products are another development in the cold chain industry. The number of cases about food safety and pharma counterfeits has been rising.
MAJOR PLAYERS IN COLD CHAIN LOGISTICS MARKET
Lineage Logistics Holdings
United States Cold Storage
VersaCold Logistics Services
AGRO Merchants Group
Burris Logistics Inc.
NewCold Advanced Cold Logistics
Trenton Cold Storage
Conestoga Cold Storage
Congebec Logistics Inc.
Read More Information: https://mobilityforesights.com/product/cold-chain-logistics-market/
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