Cold Chain Market Trends, Size, Share, Company Overview, Growth and Forecast: 2023-2032 | Burris Logistics, Lineage Logistics Holdings LLC, Nichirei Corporation

The Cold Chain Market is projected to reach USD 611.65 billion by 2032, at a CAGR of 13.3% during the forecast period. Cold chain refers to the logistics and supply chain used to transport and store goods, which require maintenance at low temperatures. A cold chain is a kind of supply chain, which is temperature-controlled and involves storage and logistics of temperature-sensitive perishable foods. It helps in preserving and increasing the shelf life of various food products, chemicals, and pharmaceuticals. The Cold Chain Market research analyses every profile of the number of major suppliers briefly. It also provides an in-depth analysis of supply-demand data in the end-use industry. It also analyses positive and negative impacts related to the target customer demand. Detailed analyses of total market dynamics have been tackled in order to give you an overall competitive advantage.

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Competitive Analysis:

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world: Americold Logistics, Preferred Freezer Services, Burris Logistics, Lineage Logistics Holdings LLC, Nichirei Corporation, Swire Cold Storage Ltd, AGRO Merchants Group, Cloverleaf Cold Storage, Kloosterboer, Al RaiLogistica K.S.C, Henningsen Cold Storage Co., Interstate Cold Storage Inc., and Versacold Logistics Services

Segmentation:

The Cold Chain Market report offers critical data based on systematic market segmentation. This study divides the market into multiple segments, including type, technology, application and geographic regions. In addition, the report includes other details, such as product use, production capacity, production information, and supply and demand market analysis. This study covers this segment's retail sales, share and market revenue for the periods 2023-2032. The Cold Chain Market is segmented By Type (Refrigerated Storage, Cold Chain Logistics), By Temperature Control (Conventional Refrigeration, Packaging Material), By Temperature Type (Chilled, Frozen), By Application (Pharmaceutical, Food & Beverage, Chemicals)

Growth Factors:

• Increasing demand for efficient storage systems

• Rising utilization of high-quality of transient products

• Technological developments in processing, packaging, and storage ways of perishable food

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Recent Developments:

• In April 2020, Agro Merchants Group (US) expanded its operations by adding more refrigerated storage space at its Nashville facility. This decision was taken to accommodate the increasing demand. The new storage facility will be maintained between 32°F and 38°F. It will enhance the focus on the storage and handling of frozen foods.

• In March 2020, Agro Merchant Group (US) launched a new drayage service in Southern California. This will provide additional value to its customers and help in integrating its supply chain. The new service includes the collection of customer freight from port terminals in Los Angeles/Long Beach and delivery to Agro's temperature-controlled distribution center in Carson, CA.

• In January 2020, Americold Logistics (US) acquired Nova Cold Logistics (Canada), as Nova Cold Logistics is an owner and operator of three temperature-controlled storage facilities in Canada. This decision will help in expanding the company's position in Canada. Canada is a growing market with fragmented ownership of cold storage facilities.

• In January 2020, Kloosterboer invested in an automated and extremely sustainable reefer container terminal in its location in the port of Vlissingen. It was installed with 1020-reefer plugs and under the name of Kloosterboer Containerterminal Vlissingen.

• In November 2019, Lineage Logistics (US) signed a definitive agreement to acquire Emergent Cold (US). This acquisition will enable the company to strengthen its port presence in the US. Also, with this acquisition, Lineage Logistics will be able to enter into Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets.

Our Free Sample Report Consists of the Following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2032 updated report.

• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package

• About 221+ Pages Research Report (Including Recent Research)

• Provide detailed chapter-by-chapter guidance on Request

• Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022

• Includes Tables and figures have been updated

• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis

• Facts and Factors research methodology

Regional Analysis of Global Cold Chain Market:
Each of the regional market segments is analysed and studied in the sense of the major regional spectrum of market reach in the market report. The study also provides a comprehensive overview of key insights, such as import, export, development, demand and consumption. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), Europe (Germany, France, United Kingdom, Russia and Italy), North America (United States, Canada, and Mexico), South America (Brazil, Argentina) and the Middle East and Africa (UAE, Egypt, Saudi Arabia, and South Africa) are some of the regions included by this research study.

North America: U.S., Canada, Rest of North America

Europe: France, UK, Spain, Germany, Italy, Rest of Europe

Asia Pacific: China, Japan, India, South Korea, Rest of Asia Pacific

The Middle East & Africa: Saudi Arabia, South Africa, Rest of the Middle East & Africa

Latin America: Brazil, Argentina, Rest of Latin America

Reasons to consider this report:

• Procure strategically important competitor information, analysis, and insights to formulate effective RandD strategies.

• Recognize emerging players with a potentially strong product portfolio and create effective counter-strategies to gain a competitive advantage.

• Classify potential new clients or partners in the target demographic.

• Develop tactical initiatives by understanding the focus areas of leading companies.

• Plan mergers and acquisitions meritoriously by identifying Top Manufacturers.

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• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.

• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.

• Create regional and country strategies on the basis of local data and analysis.

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What can you anticipate from the report on the Global Cold Chain Market?

• Future forecasts for Cold Chain made during the forecast period.

• Up-to-date information about Lightweight Materials industry innovations, trends, devices, methods, and goods.

• A thorough examination of market segmentation based on kinds, devices, and goods.

• Government laws and economic variables influencing Cold Chain expansion.

• A look at the most well-known manufacturers.

• The market's demographics by region.

Conclusion:
The study is a compilation of Cold Chain-hand data, qualitative and quantitative data by industry analysts, and inputs from market experts and key participants over the value chain process. The study offers an in-depth analysis of the present market trends, micro and macro-economic pointers, and governing factors, along with industry attractiveness according to the segments. The report also maps the qualitative impact of various market factors on market segmentations and geographies.

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This release was published on openPR.