Cold Chain Market: global Cold Chain Size Will Reach $271.9 billion by 2020

Zion Market Research has published a new report titled “Cold Chain Market (Chilled and Frozen) for Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood, and Other (Sauces, Condiments, Salad Dressings, and Dips) End-users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020. According to the report, global cold chain market was valued at USD 110.20 billion in 2014 and is expected to reach USD 271.9 billion in 2020, growing at a CAGR of 13.9% between 2015 and 2020. In terms of volume, the global cold chain market stood at 552.09 million cubic meters in 2014.

A cold chain is a temperature controlled supply chain that involves the storage and transportation of temperature-sensitive perishable goods. A cold chain is series of storage and distribution activities at the desired temperature. Cold chain helps to preserve and extend the shelf life of various products including sea food, agricultural produce, frozen food, pharmaceuticals, etc. Food and pharmaceuticals are major end users industries of cold chain services.

Request For Free Sample Report@ https://goo.gl/fqlXfv

Global cold chain market is mainly driven by increasing need of efficient storage system for perishable goods to avoid wastage of food products. Cold chains facilitate farmers to store perishable agriculture produce such as vegetables and fruits and increase its shelf life. Cold chains prevent farmers from significant losses because of spoilage of agriculture produce. Moreover, increasing population of the world has resulted in growing demand for food. This, in turn, has been resulted into growing need for cold chains. Rapid growth in the frozen food market is also expected to drive cold chain market in the years to come. However, the high cost of real estate and energy are expected to produce a significant challenge for the growth of this industry.

Request For Free Price Quotation: http://www.marketresearchstore.com/requestquote?reportid=35741

Fruits & vegetables, bakery & confectionery, dairy & frozen desserts, meat, fish & seafood and others (including sauces, condiments, salad dressings, and dips) are key end-users industries of cold chain market. Meat, fish & seafood dominated the global cold chain market with around 45% share of the total market in 2014. Meat, fish & seafood needs cold chain storage to avoid wastage as these products are extremely perishable. Growing import-export of meat, fish, and seafood is expected to fuel the growth of cold chains. Dairy & Frozen desserts and fruits & vegetables are other important end-user segments of the cold chain industry having significant market share.

North America dominated the cold chain market with around 40% share in the global market in 2014. North America was followed by Europe and Asia-Pacific. However, Asia-Pacific is expected to witness fastest CAGR during the forecast period. Rising disposable income, growth in food retail market, and rapidly growing demand for frozen food in the region is expected to trigger the cold chain industry in the years to come.

Browse the full report at@ http://www.marketresearchstore.com/report/cold-chain-market-for-fruits-vegetables-bakery-35741

Key players involved globally in cold chain market include AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, Swire Cold Storage. The other prominent players includes A.B. Oxford Cold Storage, Bring Frigoscandia, Burris Logistics, Claus Sorensen, Cloverleaf Cold Storage, ColdEX, Columbia Colstor, Conestoga Cold Storage, Confederation Freezers, Congebec, Dev Bhumi Cold Chain, Fresh and Healthy Enterprises, Frialsa Solutions, Gati Kwe, Gruppo Marconi Logistica Integrata, Hanson Logistics, Henningsen Cold Storage, Interstate Cold Storage, Kloosterboer, Lineage Logistics , Holdings, MUK Logistik, Nichirei Logistics Group, Nordic Cold Storage, Partner Logistics, Ryder System, Snowman Logistics, Trenton Cold Storage, VersaCold Logistics Services.

End-user Segment Analysis: Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood, Others (Sauces, condiments, salad dressings, and dips)

Regional Segment Analysis: North America, Europe, Asia-Pacific, Rest of the World

Visit Our Blog: https://marketresearchstore2017.wordpress.com

About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

This release was published on openPR.