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The cold chain market in Japan is projected to grow at a CAGR of 3.9% from 2023 to 2028.

07-18-2023 10:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

The cold chain market in Japan is projected to grow at a CAGR of 3.9%

Based on the research report "Japan Cold Chain Market by Type (Refrigerated Warehouse and Transportation), Temperature Type (Chilled and Frozen), Application (Dairy & Frozen Desserts, Fish, Meat & Seafood, Fruits & Vegetables, Bakery & Confectionery), and Region - Global Forecast to 2028," published by MarketsandMarkets, the cold chain market in Japan is projected to grow at a CAGR of 3.9% from 2023 to 2028.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=811

The growth of the cold chain market in Japan is driven by technology breakthroughs and advancements made by companies in the country. Utilizing their research and development (R&D) capabilities, these companies have developed advanced cold chain technologies that significantly enhance the efficiency, reliability, and safety of the cold chain infrastructure. These technological innovations play a crucial role in preserving and transporting temperature-sensitive goods, ensuring their quality and safety throughout the supply chain.

The advanced cold chain technologies encompass various aspects, including temperature monitoring and control systems, real-time data tracking, automated processes, and energy-efficient solutions. These innovations optimize cold chain operations, providing precise temperature control and reducing the risk of product spoilage. This is particularly important for perishable goods like pharmaceuticals, vaccines, fresh produce, and seafood, which require specific temperature conditions for preservation.

The demand for frozen food has seen a notable increase in Japan, with frozen food sales rising by 20% between 2019 and 2021, as reported by CNN and national statistics. This surge in demand for frozen products has positively impacted the cold chain market, necessitating efficient and reliable cold chain logistics and infrastructure. As consumers seek convenience, extended shelf life, and a variety of food options throughout the year, the cold chain market has adapted to meet these changing preferences.

Read more: https://www.marketsandmarkets.com/PressReleases/japan-cold-chain.asp

Moreover, the COVID-19 pandemic has further accelerated the trend of increased frozen food consumption, as more people turned to stockpiling and reduced grocery store visits. In response to this heightened demand, the cold chain market in Japan has undergone adaptations and expansions to cater to the growing need for frozen food storage and transportation. This involves specialized refrigerated storage facilities, refrigerated transportation vehicles, and advanced temperature control technologies.

Overall, the combination of technology breakthroughs and evolving consumer preferences has driven the growth of Japan's cold chain market, making it an essential aspect of the country's supply chain infrastructure.

View detailed Table of Content here: https://www.marketsandmarkets.com/Market-Reports/cold-chain-market-811.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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