South Africa Cold Chain Market Outlook to 2026F: Ken Research

South Africa's Cold Chain Market is driven by the Rising Domestic Consumption of Citrus Fruits, Growing Urbanization, and Expansion of Existing Cold Storage: Ken Research

Driven by rising meat, seafood & fruit, and vegetable consumption, owing to growing population and infrastructural development, South Africa's cold chain market has ample growth opportunities with its increase in revenue.

Expansion of Existing Cold Storages: South Africa's Cold Chain industry is in a growth phase, with growing cold chain warehouses and cold transport. Players such as Maersk, Precool Cold Storage and CCS Logistics are taking note and expanding current cold storage infrastructure to accommodate the boom in demand for fresh fruits and vegetables, which is driving the market growth.

Growing Urbanization and Rising Domestic Consumption of Citrus: The change in lifestyle and urbanization led to rising domestic consumption of processed food. The demand for frozen ready-to-cook meals has surged in South Africa due to the country's fast-paced lifestyle and rising per capita income. Change in consumption patterns post-Covid-19, people have become more health conscious. Also, logistics 4.0 which has been defined as machine-to-machine communication and the Internet-of-Things that make factories resemble something like a smart home, with various appliances and machines working together to create a unified system and cold chain companies are looking forward to incorporating such technologies and building an ecosystem for growth. 

Government Initiatives revamping the demand: In South Africa, SARDA is an organization aiming at connecting all sectors in the cold chain industry including suppliers of equipment and services used by those companies that form the cold chain. The Perishable Products Export Control Board (PPECB) is an independent service provider of quality certification and cold chain management services for producers and exporters of perishable food products.

High Cost Associated with Logistics and Energy Crisis increasing: The high cost associated with operations of the cold chain market and the high crime rate such as theft, loot, etc. are increasing the cost of cold transport in the country and posing a major threat to the cold chain market of South Africa.

Analysts at Ken Research in their latest publication "South Africa Cold Chain Market Outlook to 2026F: Driven by Rising Meat and Seafood & Fruits and Vegetable Consumption, owing to Growing Population and Infrastructural Development" By Ken Research observed that the Cold Chain market is an emergent market in South Africa at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for Cold Chain, rising domestic consumption of meat and seafood, fruits and vegetables along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at a 11.5% CAGR during 2021-2026F owing to the rise in the economy of the country and growing population as well as infrastructural development by the government with investments in the sector.

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Key Segments Covered

South Africa Cold Chain Market

By Revenue Split:
Cold Transport
Cold Storage
By End User:
Meat and Seafood
Fruits and Vegetables
Pharmaceuticals
Dairy Products
Processed Foods
Frozen Foods
By Ownership:
3PL Cold Chain Facilities
Owned

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South Africa Cold Transport Market

By Truck Type
Reefer Vans/Trucks (1 to 10 Tons)
20-foot reefers (10 - 20 Tons)
40-foot reefers and others (more than 20 tons)
By Mode of Transportation
Land
Sea
Air
By Location
Domestic
International
By Vicinity
Inter-city
Intra-city
By Ownership:
3PL Cold Chain Facilities
Owned
By End User
Meat and Seafood
Fruits & Vegetables
Pharmaceuticals
Dairy Products
Processed foods
Frozen Foods

South Africa Cold Storage Market

By Temperature:
Frozen
Chillers
Ambient
By End User
Meat and Seafood
Fruits & Vegetables
Pharmaceuticals
Dairy Products
Processed foods
Frozen Foods
By Region
Gauteng
Cape town
Durban
Others

Key Target Audience

Cold Storage Companies
Cold Chain Companies
Cold Transport Companies
Captive Cold Storage Companies
Captive Cold Chain Companies
Logistics Companies
Non-captive Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists

Time Period Captured in the Report:

Historical Period: 2016-2021
Base Year: 2021
Forecasted Period: 2021-2026F

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Companies Covered:

QK Cold Stores
CCS Logistics
Imperial Logistics
Meister Cold Stores
Etlin International
Chilleweni Cold Storage Solutions
Global Distribution Solutions
Reefer Cold Storage
Bidwest International Logistics
Hexkoel
Ethekwini Cold Stores
Precool Cold Stores
Idube Cold Storage
Two Oceans Commercial Cold Stores
Ayoba Cold Storage
Durban South Cold Storage
GoGlobal
Ziqene Cold Stores
SAFT Atlantic Cold Storage

Key Topics Covered in the Report

South Arica Cold Chain Market Overview
South Arica Cold Chain Industry Supply Ecosystem
Business Cycle, Genesis and Timeline of South Arica Cold Chain Market
South Arica Cold Chain Market Size, 2016-2021
South Arica Cold Chain Market Segmentation, 2021 (by Cold Storage and Cold Transport, by Ownership, by End Users)
South Africa Cold Storage Market Overview
South Africa Cold Storage Market Ecosystem
South Africa Cold Storage Market Size,2016-2021
South Africa Cold Storage Market Segmentation, 2021 (by Temperature Range, by End Users, by Region)
South Africa Cold Transport Market Overview
South Arica Cold Transport Market Size, 2016-2021
South Africa Cold Transport Market Segmentation, 2021 (by Type of Reefer Truck, by Mode of Transportation, by Location, by End Users)
Value Chain Analysis of South Africa Cold Chain Market
South Africa Cold Chain Market Competition Landscape
SWOT Analysis of South Africa Cold Chain Market
Regulatory Landscape of South Africa Cold Chain Market
Growth drivers of South Africa Cold Chain Market
Issues and Challenges in the South Africa Cold Chain Market
Recent Trends in the South Africa Cold Chain Market
End User Analysis of South Africa Cold Chain Market
Future Outlook of South Africa Cold Chain Industry, Cold Storage Market, Cold Transport Market, 2021-2026F
Market Opportunities and Analyst Recommendation

For more information on the research report, refer to below links:-

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/south-africa-cold-chain-market-outlook-to-2026/596090-100.html

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https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-cold-chain-market-outlook/313761-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/south-korea-cold-chain-market-outlook/279683-100.html

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