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

Due to modernization, urban lifestyle and change in consumption patterns, the food industry will grow by 7.9% during 2021-2026F, driving the demand for cold chain market in South Africa.
Government has made infrastructure development in the past year by adding 332 Km of the new road. The National Development Plan targeted a 30% investment-to-GDP ratio.
Major cities like Gauteng, Cape Town, and Durban are emerging as a hotbed for the Cold chain market since most of the industrial regions are also located nearby.

Growing Demand from End Users: The cold chain market is expected to be fueled by increasing demand for temperature-controlled products in the country, the entry of several new players, and government initiatives and programs. With the growth of QSRs, last-mile delivery growth has also risen but many issues are prevalent such as dry ice being used by retail shops to deliver the product to end users.

3PL to Dominate the Cold Chain Market: Many manufacturers will choose to outsource their cold storage from third-party logistics companies because cold storage requires large investments. Also, as the demand for transporting refrigerated products is increasing, so will the demand for value-added services such as repackaging and consolidation, which increases the demand for 3PLs in the country. The end users like Pharma and processed foods choose 3PL over storage/transportation, therefore a 3PL can offer customized warehouses based on customer needs.

Adopting Automation and Modern Technologies: Technological advancement is expected to play a major role and new facilities are being built to improve the efficiency of food supply storage and distribution. In the cold chain business, portable machines known as Automated Guided Vehicles are used for transporting raw materials, works-in-progress, and finished goods around the warehouse. The adoption of new and advanced technologies like WMS, automation, the Internet of Things, etc. will take the cold storage business to new heights. Drones will soon be used by several warehouses to track their inventories.

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 an 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.

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

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

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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

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

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

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/south-korea-cold-chain-market-outlook/279683-100.html

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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

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