Press release
Cold Storage Market is expected to witness Incredible Growth during 2022-2031 | Lineage Logistics Holdings, Nichirei Corporation, Burris Logistics, Agro Merchants Group
Global Cold Storage report from Global Insight Services is the single authoritative source of intelligence on Cold Storage market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Read more about Cold Storage market here: https://www.globalinsightservices.com/reports/cold-storage-market/
Cold storage is the storage of any temperature-controlled substance that prevents that substance from decaying or not adhering to laws and regulations that apply to that item.
Key Players
The Cold Storage Market includes players such as Americold Logistics, Lineage Logistics Holdings, Nichirei Corporation, Burris Logistics, Agro Merchants Group, Kloosterboer, United States Cold Storage, Tippmann Group, VersaCold Logistics Services and Henningsen Cold Storage Co.
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Market Segments
The Cold Storage Market is segmented by warehouse, temperature, application, and region. By warehouse, the market is divided into private and public. Based on temperature, it is segmented into frozen and chilled. On the basis of application, it is bifurcated into dairy, processed food, fruits & vegetables, and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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The key restraints and challenges in the cold storage market include high initial investment, lack of awareness Restraints & Challenges
among small and medium enterprises (SMEs), and stringent regulations.
High initial investment is a major restraint for the cold storage market. Cold storage facilities require a large amount of initial investment, which is a major concern for small- and medium-sized enterprises (SMEs). In addition, the maintenance cost of cold storage facilities is high, which further hampers the market growth.
Lack of awareness among SMEs is another key challenge for the cold storage market. SMEs are the major end users of cold storage facilities; however, they lack awareness about the benefits of cold storage facilities. This is a major challenge for the market growth.
Stringent regulations are another key challenge for the cold storage market. Various government regulations, such as food safety and hygiene regulations, have been implemented to ensure the safety of food products. These regulations have increased the cost of setting up cold storage facilities, which is a major challenge for the market players.
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