Indian Cold Chain Market Size, Share, Industry Growth, Demand and Opportunity 2023-2028

IMARC Group's latest research report, titled "Indian Cold Chain Market: Industry Trends, Share, Size, Opportunity, and Forecast 2023-2028," The Indian cold chain market size reached INR 1,814.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 3,798.7 Billion by 2028, exhibiting a growth rate (CAGR) of 12.3% during 2023-2028.

Indian Cold Chain Market Outlook:

The cold chain is a vital logistical system that ensures the safe and controlled transportation and storage of temperature-sensitive products, such as food, pharmaceuticals, and vaccines. It relies on refrigeration and temperature monitoring technology to maintain product quality and safety throughout the supply chain. This is crucial for preserving the freshness and efficacy of perishable goods, preventing spoilage, and reducing health risks. The cold chain plays a pivotal role in global trade, healthcare, and food distribution, enabling consumers to access a wide range of products while maintaining integrity. It's essential in modern supply chain management, safeguarding product quality from production to consumption.

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India Cold Chain Market Trends:

The market in India is majorly driven by the increasing demand for perishable goods. In line with this, consumers nationwide seek access to fresh produce and frozen foods year-round, driving the need for efficient cold chain logistics. Furthermore, the rapid advancements in refrigeration technology and temperature monitoring systems have enhanced the efficiency and reliability of the cold chain. This encourages pharmaceutical industries to rely on the cold chain to transport temperature-sensitive vaccines and medications. Moreover, the rising focus on food safety and quality has elevated the importance of maintaining consistent temperatures throughout the supply chain. Stricter regulations and consumer demand for safe products further bolster the cold chain market.

Besides, the pharmaceutical industry depends on the cold chain to preserve the integrity of drugs and biologics. With the development of biopharmaceuticals and personalized medicines, the demand for cold chain logistics in the pharmaceutical sector is expanding. Additionally, e-commerce and online grocery shopping have accelerated, necessitating efficient cold chain solutions for delivering fresh and frozen products to consumers' doorsteps. This, in turn, offers numerous opportunities for the market.

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Key Market Segmentation:

Breakup by Segment:

• Cold Chain Storage
• Cold Chain Transportation

Breakup by Product:

• Fruits and Vegetables
• Meat and Fish
• Dairy Products
• Healthcare Products

Breakup by Sector:

• Private
• Cooperative
• Public

Breakup by Organised and Unorganised:

• Organised
• Unorganised

Breakup by States:

• Uttar Pradesh
• West Bengal
• Punjab
• Gujarat
• Bihar
• Andhra Pradesh
• Madhya Pradesh
• Maharashtra
• Karnataka
• Haryana
• Chhattisgarh
• Rajasthan
• Orissa
• Tamil Nadu
• Others

Key Players Included in Indian Cold Chain Market Research Report:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

TOC for the Indian Cold Chain Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Indian Cold Chain Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

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