India Agricultural Cold Storage Market 2022 Industry Outlook, Present Scenario of Manufacturers, Share, Size, Opportunities and Forecast to 2026: Ken Research

The production levels in the Indian agricultural sector have been growing steadily over the years. This production level has not been met correspondingly in terms of storage for food, which outlines an existing whitespace in the Indian Agricultural Cold Storage Industry.
Despite being an agrarian state, India suffers from huge food losses annually ranging from INR 90,000-100,000 due to poor post-harvest management and lack of proper cold storage infrastructure.
The government has been taking steps to promote development in the agricultural cold storage sector by introducing a plethora of schemes and providing grant in aid, along with special preference to the states lagging behind in terms of infrastructure.
It is no wonder that India is a key contributor to agriculture sector worldwide with 308.6 Mn Tonnes food-grain production during FY'21 (ranks second after China), 198.4 Mn Tonnes of Milk in FY'20 (world's largest milk producer) and dominant producer of horticulture produce as well. After all, India has an arable land of ~160 Mn hectares and 58% of population is dependent on agriculture for its livelihood.

However, the situation on per capita consumption of food grains, fruits, vegetables and milk is not good. As per the Global Hunger Index (GHI) in 2020, India ranked 94 out of 107 countries and malnutrition was found to be the leading risk factor for death of children

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