Press release
Food Cold Chain Market Scenario, Insights, Industry Analysis, Trends and Forecasts Report 2027
Increased loss of food, growing demand for perishable food items, increase in the growth of cold chain infrastructure are driving the demand for the market.The Global Food Cold Chain Market is projected to reach USD 526.00 billion in 2027. Technological innovation is expected to drive growth in packaging, processing and storage of seafood products.
Incorporating and processing temperature-sensible goods with cold chain solutions has become a part of supply chain management. Increased trade in perishable goods is expected to fuel demand over the forecast period for these solutions. Cold chain companies are gradually embracing renewable energy technologies like wind and solar to reduce overall operating costs.
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Further key findings from the report suggest
The IoT technologies of key importance for the pharmaceutical industry include the control of the cold chain, intelligent packaging, product lifecycle administration, men and material and connected equipment.
The supply chain, allowed by RFID, provides improved productivity and has opened up new opportunities with visibility at product level.
Globalization and a growing number of counterfeit accidents in pharmaceuticals and food safety have prompted governments to implement production and supply regulations. The growing trend of online purchasing of food products and e-commerce in China are key drivers of demand.
In December 2017, the new extension to its Clearfield, Utah campus has been opened by Americold Logistics (UK). The new building expanded the temperature regulated storage space to approximately 9.5 million cubic feet. This expansion helped expand market share in the company's total temperature-controlled warehouse capacity in northerly Utah to more than 50%.
Main players in the market include Americold Logistics LLC, Burris Logistics, Inc., Agro Merchant Group, Cloverleaf Cold Storage, Lineage Logistics, LLC, Henningsen Cold Storage Company, Nordic Logistics, Swire Group, Preferred Freezer, and Wabash National, among others.
Food Cold Chain Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
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The Global Food Cold Chain Market report is furnished with key market statistics organized in the form of charts, graphs, tables, diagrams, figures, and other pictorial representations. The report offers an exhaustive analysis of the key market aspects like market size, volume, share, current and emerging trends, production and consumption rate, and other key elements that offer an idea about the prospective expansion of the Food Cold Chain industry.
Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Storage
Transportation
Monitoring components
Packaging Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Product
Materials
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Fruits & vegetables
Fruit pulp & concentrates
Dairy products
Fish, meat, and seafood
Processed food
Pharmaceuticals
Bakery & confectionary
Others
Equipment Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Storage equipment
Transportation equipment
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The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Significant Features of the Food Cold Chain Market Report:
Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
Assessment of the existing and emerging trends of the business sphere
Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
Significant breakdown of the market to assess the factors that might influence the global market growth
An 8-year forecast for better understanding of the workings and growth opportunities of the market
Read more@ https://www.emergenresearch.com/industry-report/food-cold-chain-market
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