Press release
North America Cold Chain Market Status and Business Outlook 2021 to 2026
North America Cold Chain Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.The North America cold chain Market reached a value of US$ 59.1 Billion in 2020. Looking forward, Market Insights Reports expects the market to grow at a CAGR of around 8% during 2021-2026.
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Top Leading Companies of North America Cold Chain Market are Americold Logistics, Lineage Logistics, United States Cold Storage, Inc., VersaCold Logistics Services, AGRO Merchants Group and Interstate Warehousing and others.
The competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
The North America Cold Chain Market Segmentation:
Market Breakup by Service Type
Refrigerated Storage
Refrigerated Transport
Airways
Roadways
Seaways
Railways
Refrigerated storage currently dominates the market, holding the largest share.
Market Breakup by Temperature
Chilled
Frozen.
Chilled temperature holds the largest market share.
Market Breakup by End User
Meat and Seafood
Fruits and Vegetables
Bakery and Confectionery
Dairy and Frozen Products
Pharmaceuticals
Others.
Market Overview:
Cold chain Logistics is a temperature-controlled supply chain, it involves a series of refrigerated storage, production and distribution activities, along with equipments that ensure that a desired temperature range is maintained. Cold chains preserve, extend and ensure the shelf life of various temperature sensitive products.
The market for cold chain services is currently exhibiting strong growth in North America. A key factor driving the demand of the cold chain market in North America has been a change in the dietary habits in the region. As a result of rising obesity levels and an increasing prevalence of lifestyle diseases, consumers are increasing their intake of proteins, vitamins, minerals, good fats, etc. and reducing their carbohydrate intake. This has catalyzed the demand of food products such as meat, fruits, vegetables and dairy products in the region. These products are temperature sensitive and require cold chains to be stored and transported from one place to another. Moreover, the United States represents the worlds largest market for temperature sensitive healthcare products such as biopharmaceuticals, vaccines and clinical trial materials. The potency of biopharmaceuticals and vaccines requires temperature-controlled packaging, storage and transportation. Any sudden temperature variation may result in the loss of chemical activity and make the drug harmful for the human body. Moreover, the rising number of clinical trials employing various temperature sensitive materials such as blood samples, tissue samples and certain drugs, have also catalyzed the market growth.
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Important Features that are under offering and key highlights of the report:
– Detailed overview of the North America Cold Chain market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the North America Cold Chain market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards North America Cold Chain market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the North America Cold Chain Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. North America Cold Chain industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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