openPR Logo
Press release

Increase in Number of Refrigerated Warehouses, Growth in Pharmaceutical Sector and High Demand for Perishable Products such as Dairy, Meat and Seafood will drive the UAE Cold Chain Market: Ken Research

07-05-2022 07:23 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Increase in Number of Refrigerated Warehouses, Growth

Key Findings

Cold storage and cold transport markets contributed ~60% & 40% share respectively to the revenue of the cold chain industry in 2020. However, it is anticipated that the cold transportation market will contribute ~ 42% revenue share by the year ending 2025 owing to the rising demand for temperature-sensitive products in the country.
Factors such as increase in number of refrigerated warehouses, growth in pharmaceutical sector and high demand for perishable products such as dairy, meat and seafood are expected to drive the growth of the cold chain logistics market in the country.
Rafed, an Abu Dhabi-based healthcare procurement company, has partnered with Abu Dhabi Ports to establish the UAE's largest cold storage facility for Covid vaccines. The state-of-the-art facility can store vaccines at temperatures ranging from 8 to -80° Celsius.

Government Initiatives: Under the country's economic diversification plans like UAE Vision 2021, Abu Dhabi Vision 2030 and Dubai's Industrial Strategy 2030 aimed at reducing the economy's dependence on Hydrocarbon exports, development of the logistics sector is held as an important strategic goal for sustained long term growth of the economy as UAE becomes a crucial trans-shipment hub for Europe-Asia-Africa trade. The Federal Competitiveness and Statistics Authority expect logistics to contribute 8% of the economy in 2021, rising from the levels of 5.4% in 2017. The UAE is avidly investing in development projects like the China-led global roads ways project "Modern Silk Route", Etihad Railways which would function as a viable alternative to road cold transport in the Gulf region. 3PL Cold Storages UAE

For More Detail @ https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-cold-chain-market-outlook-to-2025/515185-100.html

Rising Imports of Food Products and Pharmaceuticals: Due to country's arid climatic conditions, around 80.0% of the food requirements of country are met through imports from countries such as Brazil, India, USA and others. The pharmaceutical sector has grown at a greater scale in UAE and also across the globe. Covid-19 is the major driving factor because of which the healthcare industry has been advancing at an alarming rate. Expansion of operations by pharmaceutical companies, the growth of medtech companies and localized research and development in healthcare are major factors that have led to the boom of healthcare sector in UAE. The imports of pharmaceutical products in UAE were USD 4.08 Billion during 2019 and the trade volumes grew from 33,000 tons during the first quarter in 2020 to 48,600 tons in 2021. Around 95% of the global pharmaceutical companies have presence in the UAE which provides logistics access to 43 countries worldwide.

Rising Prevalence of 3PL Companies: The market witnessed a strong demand for full-fledged integrated distribution centers that included logistics' facilities, cold storage, dry storage and supporting retail facilities, as a result, demand for new-generation logistics facilities (built-to-suit) increased in the market and increase growth potential for 3PL companies that could handle stock distribution for companies with large and sophisticated supply chains. Currently, majority of the cold storage warehouses are concentrated in Dubai and Abu Dhabi, however it was witnessed that many 3PL companies were planning to expand their operations across other cities as well to exploit the rising opportunities in the sector.

For More Detail @ https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-cold-chain-market-outlook-to-2025/515185-100.html

Analysts at Ken Research in their latest publication "UAE Cold Chain Market Outlook to 2025 - The Cold Chain Market in UAE is Thriving with the Advent of Government's Economic Diversification Plans Coupled with UAE's Increasing Adoption of Technology and Automation" believe that the Cold Chain market in UAE is expected to grow due to growth in the demand for food items, increase in manufacturing activity in the pharmaceutical industry and government initiatives to improve the logistics infrastructure in the country. The market is expected to register a positive CAGR of 7.3% in terms of revenue during the forecasted period 2020-2025F.

Key Segments Covered

By Type of Market

Cold Storage
By Temperature
Ambient
Chilled
Frozen
By Ownership
Integrated
Contract
By End-User Application
Meat and Seafood
Dairy Products
Pharmaceuticals
Vegetables and Fruits
Others
By Major Emirates
Dubai
Abu Dhabi
Sharjah
Others
By Major Areas
JAFZA
DIP
DIC
Al Aweer
Others
Cold Transport
By Mode of Freight
Land
Sea
Air
By Type of Freight
Domestic
International
By Contract and Integrated Logistics
Integrated
Contract
By End-User Application
Meat and Seafood
Dairy Products
Pharmaceuticals
Vegetables and Fruits
Others

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTE1MTg1

Key Target Audience

Cold Chain Companies
Logistics Companies
Government Associations
Express Logistics Companies
Industry Associations
Warehousing Companies
E-Commerce Operations
Investors and Private Equity Companies
Logistics Companies
Dairy Companies
Meat and Seafood Companies
Fruits and Vegetables Companies
Pharmaceutical Companies
Time Period Captured in the Report

Historical Period: 2015-2020
Forecast Period: 2020-2025F
Companies Covered

GAC
GSL
Mohebi
CEVA
RHS
Hellmann
DB Schenker
Khalidia Shipping
Kuehne and Nagel
Agility
Al Futtaim
DSV Panalpina
Triburg
RSA Cold Chain
Sharjah cold stores
Bhatia Brothers
Tameem logistics
Key Topics Covered in the Report

UAE Cold Chain Market Overview
Infrastructure Analysis
Existing and Emerging Technologies
UAE Cold Chain Market Value Chain
UAE Cold Chain Market Size by Revenue, 2015-2020
UAE Cold Chain Market Segmentation and Segment Future, 2020-2025F
End User Industry Analysis And Future Growth Potential
UAE Cold Chain Market Competitive Landscape
UAE Cold Chain Market Company Profiles of Major Players
Regulatory Environment
Industry Trends and Developments
Industry Issues and Challenges
Analyst Recommendation
UAE Cold Chain Market Future Outlook and Projections, 2020-2025F
UAE Cold Chain Market Analyst Recommendations

Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/competition-benchmarking-in-uae-logistics-market-outlook-to-2025/373315-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-e-commerce-logistics-market-outlook-to-2025/466156-100.html

Follow Us
https://www.linkedin.com/company/ken-research/
https://www.instagram.com/kenresearch/
https://www.facebook.com/kenresearch
https://twitter.com/KenResearch
https://www.youtube.com/c/KenResearchKen

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Increase in Number of Refrigerated Warehouses, Growth in Pharmaceutical Sector and High Demand for Perishable Products such as Dairy, Meat and Seafood will drive the UAE Cold Chain Market: Ken Research here

News-ID: 2672123 • Views: 278

More Releases from Ken Research Pvt Ltd

Global 5G in Healthcare Market Growth is driven by Adoption of Advanced Technolo …
5G, the fifth generation of cellular wireless technology, has the potential to deliver the massive connection power and fast speeds that can assist transform healthcare delivery. 5G can impact the Internet of Medical Things (IoMT). Also, it will help in allowing the medical innovations by using the augmented reality, virtual reality, artificial intelligence (AI), remote medical learning, remote patient monitoring, and much more. During the present time, it is necessary
India Digital Lending Market, Industry Revenue, Sales, Shares, Market Future Out …
Market Overview Digital lending is one of the fastest-growing fintech sectors in India, and it will continue to expand substantially in the coming years. Digital lending is the practice of making loans using websites or mobile applications while using technology for credit assessment and authorization. Neo banks, non-banking finance companies (NBFCs), and fintech start-ups dominated this market. Commercial Banks are also quickly entering the world of financial intermediaries, either on their
India Digital Lending Market Is Driven By Rising Government Initiatives Towards …
Market Overview Customers have started switching from conventional lending ways to digital lending methods as a result of the accessibility and simplicity of these platforms. Because of the advantages, it offers to consumers over digital platforms, the Indian market for digital lending is expanding positively. The variety of loans available, quick processing times, cheaper interest rates, and a surge in smartphone usage in India, among other advantages, have all helped the
Combined Heat and Power Market Growth is Driven by Presence of Prominent Compani …
The procedure of generating heat and electricity together is named combined heat and power generation. The procedure is carried out by burning countless fuels like natural gas, biofuels and oil. Combined Heat and Power Market is a system which can recover lost energy by utilizing waste heat. It conveys heat to the power plant or the buildings connected to the power plant through the steam pipe network. These are some

All 5 Releases


More Releases for UAE

wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE. Designing Efficient and Cost Effective Home Wifi Networks Keep the connections to
AdWords agency in UAE
Google AdWords PPC is one of the most popular pay per click package in search platform. It is beneficial to your boosting traffic, clicks, and conversions. In additions, it is also an efficient way to tell people about your brand. NFINITY8 is one of the expert AdWords agency in UAE. We do in-depth keyword research for your brand to reach your target customers. From designing to bidding and implementation; Our
Instagram Marketing in UAE
Instagram Marketing is becoming more popular in growing brand awareness. Not only has millions of users, it has also high engagement rate for branded content. http://bit.ly/2x189Oi Instagram’s user base in the UAE is growing faster than most countries. It has risen by 60 percent from last year as against a worldwide increase of 40 percent.” As of January 2017, Instagram users in the Arab countries reaches 7.1 million where 17% of the users
Digital Marketing in UAE
NFINITY8 just published a blog Benefits of Digital Marketing http://bit.ly/2u1DKOw Digital marketing is the most powerful and innovative form of marketing for the growth of your business. It is the best way to reach your potential customers. It could be from google search, social media marketing services, email and online advertising in short Digital Marketing is a term for all your online marketing efforts. Building a website with Search Engine authority, loyal
Digital Marketing in UAE
NFINITY8 just published blog Top reasons why SEO is important for your business. This is about What will attract visitors to your website than to a competitor’s website? http://bit.ly/2HIeiAD Search Engine Optimization is an effective and affordable strategy to improve a website’s ranking in search engine results page. As per CTR study, 75% of people never scroll past the first page of a Google search. It is clear that every business
Adwords Agency in UAE
NFINITY8 is one of the expert AdWords agency in UAE. We do in-depth keyword research for your brand to reach your target customers. From designing to bidding and implementation; Our Adwords professional team will do all the campaign for your advertisements. Our services include: Google Adwords PPC / Campaign Monitoring - One of the most effective ways to reach new customers and grow your business. Bidding - The good thing about