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UK Cold Chain Logistics Market Emerging Technological Growth, Future Growth and Business Opportunities 2030

07-06-2022 08:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

The UK cold chain logistics market size was valued at $4.55 billion in 2018 and is projected to reach $24.37 billion by 2026, registering a CAGR of 23.6% from 2019 to 2026. The meat, fish, and sea food segment accounted for the highest share in 2018 and is anticipated to exhibit remarkable growth rate during the forecast period.

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Key Market Players

KERRY LOGISTICS NETWORK LIMITED
XPO LOGISTICS, INC
Trade Distribution Ltd
LINEAGE LOGISTICS HOLDINGS, LLC
AGRO MERCHANTS GROUP
BRING LOGISTICS UK LTD
CHILTERN COLD STORAGE GROUP LTD
ICE CO STORAGE & LOGISTICS
NEWCOLD
THE SEAFAST GROUP

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Factors such as increase in number of refrigerated warehouses and development of the pharmaceutical sector are expected to drive the growth of the UK cold chain logistics market. However, factors such as lack of standardization pertaining to operating procedures, security, temperature, pest control, and others and high operational cost restrains the market growth. On the contrary, availability of RFID technologies for cold chain applications and adoption of automated software for cold chain logistics are projected to offer lucrative growth opportunity for the market players.

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Key Market Segments

BY END USER
Fruits & Vegetables
Bakery & Confectionary
Dairy & Frozen Desserts
Meat, Fish, and Sea Food
Drugs & Pharmaceuticals
Others

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Key Benefits for UK Cold Chain Logistics Market:

This study presents the analytical depiction of the UK cold chain logistics market analysis along with the current trends and future estimations to depict the imminent investment pockets.

The overall market opportunity is determined by understanding the profitable trends to gain a stronger foothold.

The report presents information related to the key drivers, restraints, and opportunities of the UK cold chain logistics market with a detailed impact analysis.

The current cold chain logistics trends in UK market trends is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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https://www.alliedmarketresearch.com/uk-cold-chain-logistics-market

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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