Cold Chain Market to reach USD 489.79 Bn by 2029, emerging at a CAGR of 8.6 percent and forecast 2023-2029

Cold Chain Market Report Scope and Research Methodology:

Report Scope: Maximize Market Research Pvt Ltd, Pune, India, releases a comprehensive Cold Chain Market Report analyzing and forecasting market size, segmented by Type, Packaging, Equipment, Application, and Region.

Research Methodology: This report employs a rigorous research methodology to provide valuable insights into the Cold Chain Market, including primary and secondary research, data analysis, and expert opinions.

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Cold Chain Market Dynamics:

Market Drivers:

Increasing Consumer Demand for Perishable Foods: The growing awareness of health and wellbeing among consumers has led to increased demand for perishable goods like dairy products, fruits, vegetables, and high-protein animal-based products, driving the cold chain market.

Government Initiatives to Reduce Food Wastage: Governments worldwide are taking steps to reduce food and agricultural waste, boosting the cold chain market by enabling service providers to enter these emerging markets with innovative mobility solutions.

Pharmaceutical Cold Chain: The rise of pharmaceuticals, which require precise temperature and timing control, is driving the need for cold chain logistics in the pharmaceutical industry, supporting modern medicine trends.

Dairy and Frozen Desserts: Urbanization and the preference for convenient, longer shelf-life food products are driving the demand for dairy and frozen desserts, leading to significant investments in technologies to support these industries.

Restraints:

High Energy Costs and Capital Investment: Cold chain providers face significant expenses to prevent food spoilage, requiring investments in modern cold storage facilities, advanced vehicles, and system technologies. High energy costs in some regions pose challenges.

Fuel Prices and Inefficient Consumption Management: Fuel costs and efficient fuel consumption management are challenges for cold chain providers, especially as the demand for refrigerated transportation increases.

Environmental Impact: The negative environmental impact of cold chain systems, such as greenhouse gas emissions, may limit market growth. Energy production and refrigerant losses contribute to environmental concerns.

Cold Chain Market Regional Insights:

North America, a front-runner in the Cold Chain Market, is expected to witness a robust CAGR of 7.9%, with its market size anticipated to hit USD 6.3 billion by 2021, extending into the forecast period of 2021-2029. The region's growth is attributed to heightened awareness regarding physical and mental well-being, spurred by the escalating prevalence of obesity and lifestyle-related ailments. The proactive engagement in physical activities by North Americans has significantly contributed to the expansion of the Cold Chain Market in the region.

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Cold Chain Market Segmentation:

by Type

1.Storage
1.1.Warehouses
1.2.Reefer Containers
2.Transportation
2.1.Road
2.2.Sea
2.3.Rail
2.4.Air
3.Monitoring Components
3.1.Hardware
3.2.Software

by Packaging

1.Product
2.Material

by Equipment

1.Storage Equipment
2.Transportation Equipment

by Application

1.Fruits & Vegetables
2.Fruit Pulp & Concentrates
3.Dairy Products
3.1.Milk
3.2.Butter
3.3.Cheese
3.4.Ice-cream
4.Fish, Meat, and Seafood
5.Processed Food
6.Pharmaceuticals
7.Bakery & Confectionary

Cold Chain Market Key Players:

1.Americold Logistics
2.Lineage Logistics Holdings
3.Nichirei Corporation
4.Burris Logistics
5.Agro Merchants Group
6.Kloosterboer
7.United States Cold Storage
8.Tippmann Group
9.VersaCold Logistics Services
10.Henningsen Cold Storage Co.
11.CWT Pte Limited
12.Orient Overseas (International) Limited
13.JWD Group Inc.
14.Swire Cold Chain Logistics Co. Ltd
15.XPO Logistics Inc.

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Table of content for the Cold Chain Market includes:

1. Global Cold Chain Market: Research Methodology

2. Global Cold Chain Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Cold Chain Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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