Increased loss of food, growing demand for perishable food items, increase in the growth of cold chain infrastructure are driving the demand for the market.
The cooling system is used for the prolongation of shelf life and to improve product consistency as part of cold chain solutions. Coolants used in cooling systems pose an environmental hazard because of their high global warming potential (GWP) and ozone depletion capability (ODP).
The report pays special attention to the key elements of the Food Cold Chain market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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Main players in the market include Americold Logistics LLC, Burris Logistics, Inc., Agro Merchant Group, Cloverleaf Cold Storage, Lineage Logistics, LLC, Henningsen Cold Storage Company, Nordic Logistics, Swire Group, Preferred Freezer, and Wabash National, among others.
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Food Cold Chain products is expected to drive the demand for Food Cold Chain, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
key findings from the report suggest
- The supply chain, allowed by RFID, provides improved productivity and has opened up new opportunities with visibility at product level.
- Globalization and a growing number of counterfeit accidents in pharmaceuticals and food safety have prompted governments to implement production and supply regulations. The growing trend of online purchasing of food products and e-commerce in China are key drivers of demand.
- In December 2017, the new extension to its Clearfield, Utah campus has been opened by Americold Logistics (UK). The new building expanded the temperature regulated storage space to approximately 9.5 million cubic feet. This expansion helped expand market share in the company’s total temperature-controlled warehouse capacity in northerly Utah to more than 50%.
For the purpose of this report, Emergen Research has segmented into the global Food Cold Chain Market on the basis of Type, Packaging, Equipment, Application, and region:
Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Storage
- Transportation
- Monitoring components
Packaging Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Product
- Materials
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Fruits & vegetables
- Fruit pulp & concentrates
- Dairy products
- Fish, meat, and seafood
- Processed food
- Pharmaceuticals
- Bakery & confectionary
- Others
Equipment Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Storage equipment
- Transportation equipment
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