Global Cold Chain Market Report 2022: Growing Popularity of Online Perishable Purchases Presents Opportunities for Innovation - ResearchAndMarkets.com

The "Global Cold Chain Market, By Temperature Type, By Type, By Application & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The Global Cold Chain Market is valued at USD 253.06 Billion in 2021, and it is anticipated to attain a value of USD 436.52 Billion by 2028, at a CAGR of 8.10% over the prediction period (2022 - 2028).

Segments covered in this report

The Global Cold Chain Market is segmented based on Temperature Type, Type, Application, and Region. Based on Temperature Type, the market is segmented into Frozen, and Chilled.

Based on Type, the market is segmented into Refrigerated Warehousing, Refrigerated Transport.

Based on Application, the market is segmented into Dairy & Frozen Desserts, Fish, Meat, & Seafood Products, Bakery & Confectionery Products, Fruits & Vegetables, and Others.

Based on Region, the global cold chain market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

Growing urbanization has increased the demand for convenient food products. Furthermore, customers' growing preference for convenience and longer shelf life is increasing the acceptance of nutritious frozen meals, which is fueling the growth of dairy and frozen sweets. Because food quality is so important, the dairy and frozen dessert industries are investing heavily in technologies to support and differentiate their products.

Restraint

Fuel costs and effective fuel consumption management are two other major challenges for cold chain providers, particularly as the demand for refrigerated trucks in cold chains has grown in recent years, particularly in North America and Europe. When it comes to operating cold chains, emerging economies face unique challenges. Cold chain businesses have much higher annual operating expenses per cubic foot.

Market Trends

The growing trend of purchasing perishable food products online has created a demand for innovative solutions such as last-mile delivery, automated warehouses to manage inventory, and improved temperature monitoring systems to ensure the safety of fresh food products. Emerging economies (such as India, China, and Thailand) are investing in warehouse automation technologies (such as cloud technology, robots, conveyor belts, truck loading automation, and so on) to maintain the quality of temperature-sensitive products.

Key Topics Covered:

Executive Summary

KEY MARKET INSIGHTS

COVID IMPACT

MARKET DYNAMICS & OUTLOOK

KEY COMPANY PROFILES

Companies Mentioned

• Americold Logistics (US)
• Lineage Logistics Holdings (US)
• Nichirei Corporation (Japan)
• Burris Logistics (US)
• Agro Merchants Group (US)
• Kloosterboer (Netherlands)
• United States Cold Storage (US)
• Tippmann Group (US)
• VersaCold Logistics Services (Canada)
• Henningsen Cold Storage Co. (US)
• Coldman (India)
• Congebec Inc. (Canada)
• Conestoga Cold Storage (Canada)
• NewCold (Netherlands)
• Hanson Logistics (US)
• Confederation Freezers (Canada)

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View source version on businesswire.com: https://www.businesswire.com/news/home/20221007005269/en/