Cold Chain Logistics Market Booming 15.72% CAGR in the Upcoming year with Top Players - Americold Logistics ,Preferred Freezer Services ,Burris Logistics

The Cold Chain Logistics Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

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Scope of the Report of Cold Chain Logistics

Cold chain logistics refers to the continuous procedure of refrigerated production, storage and distribution activities with preferred low-temperature range. Cold storage is used to extend and preserve shelf life of products. Increasing applications in healthcare and pharmaceutical industry and growing organized retail sector are the key factors driving the cold storage logistics market. Further, market leaders are focusing on developing RFID logistic management technique for smooth operational process expected to drive the market.

30 January 2019, “Interstate Warehousing, a public refrigerated Warehouse Company in the United States expanding Murfreesboro Facility which was originally built in 2006. After the expansion, this facility will stand at more than 500,000 square feet. As a result of this project, several new jobs will be created in 2019.”

Major Players are:

Americold Logistics (United States),Preferred Freezer Services (United States),Burris Logistics (United States),Lineage Logistics (United States),Nichirei Logistics (Japan),Swire Cold Storage (Australia),Agro Merchants Group (United States),Kloosterboer Group B.V. (Netherlands),Interstate Cold Storage, Inc. (United States),Versacold International Corporation (Canada),Congebec Logistics, Inc. (United States),Conestoga Cold Storage (Canada),United States Cold Storage, Inc. (United States),

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:

Type (Refrigerated Storage, Cold Chain Logistics), Application (Fruits and Vegetables, Bakery & Confectionary, Dairy & Frozen Desserts, Meat, Fish & Sea Food, Drugs & Pharmaceuticals, Others), Technology (Blast Freezing, Vapor Compression, Programmable

Market Trends:
Rising Popularity of Perishable Foods among Consumers
Increasing Demand for Convenience Food among Millennials

Market Drivers:
Emergence of Refrigerated Warehouses among Organized Retail
Growing Demand for Processed Food Sector

Challenges:
Lack of Trained Resources and Infrastructural Support in Developing Market

Opportunities:
Emergence of RFID Logistic Management Technique with Cold Chain Monitoring
Expansion of Food Retail Chains and Organized Retail Sector
Increasing Applications in Healthcare and Pharmaceutical Industry

Years considered for this report:
 Historical Years: 2015-2020
 Base Year: 2020
 Estimated Year: 2021
 Forecast Period: 2021-2026

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What are the market factors that are explained in the Cold Chain Logistics Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:
• How much is the Cold Chain Logistics Market Worth?
• What is the Growth Rate of the Cold Chain Logistics Market?
• Which Segment of the Cold Chain Logistics to Hold the Highest Market Share?
• Which Segment of the Cold Chain Logistics Market to Witness Fastest Growth Rate?
• Which Region to Hold the Biggest Market Share?
• Who are the Key Players of the Cold Chain Logistics Market?

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