The global cold chain market is projected to reach USD 611.65 billion by 2028, at a CAGR of 13.3% during the forecast period.

Cold chain refers to the logistics and supply chain used to transport and store goods, which require maintenance at low temperatures. Cold chain is a kind of supply chain, which is temperature-controlled and involves storage and logistics of temperature-sensitive perishable foods. It helps in preserving and increasing the shelf life of various food products, chemicals, and pharmaceuticals.

Global Cold Cain Market
Global Cold Cain Market

Cold chains are mainly used in the food & beverages, pharmaceuticals, and the chemical industry. In the food industry, low temperatures are maintained throughout the supply chain to keep food items fresh and suitable for consumption and delay the natural ripening process of fruits and vegetables, thereby increasing their shelf life.

Global Cold Chain Market
Global Cold Chain Market

In pharmaceuticals, the cold chain is required to avoid spoilage of medicines, especially to avoid direct contact with sunlight, which makes medicines not safe for consumption. In the chemical industry, the cold chain is used to transport chemicals, which are highly reactive and volatile.

The expansion of multinational food retail chains, growth of international trade owing to liberalization, increasing consumer demand for perishable foods, etc. are factors impacting the cold chain market. Government support for developing infrastructure has additionally fueled market growth.

 

Key Factors Impacting Market Growth:

  • Increasing demand for efficient storage systems
  • Rising utilization of high-quality of transient products
  • Technological developments in processing, packaging, and storage ways of perishable food 

Key Developments:

  • In January 2018, The Global Lighting and  Energy Access Partnership (Global Leap) unveiled the off-grid cold chain challenge (OGCCC), an initiative which aims to identify the world’s best and most efficient and innovative cold chain technologies to further accelerate the development of the commercial market for these technologies.
  • In April 2018, Sharp, a part of UDG Healthcare PLC, announced an investment of USD 11 million in its cold storage and syringe assembly activities to increase its capacity in response to the growing market demand.
  • In May 2019, UK based logistics’ company called Apetito have acquired new Volvo FH Tractors to use for their cold chain supply. The new additions can cover 200,000 km a year. 

What Does This Report Provide?

This report provides a detailed understanding of the cold chain market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Refrigerated Storage
    • Warehouse
    • Refrigerated Container
  • Cold Chain Logistics
    • Roadways
    • Airways
    • Railways
    • Waterways

By Temperature Control:

  • Conventional Refrigeration
  • Packaging Material
    • Dry ice
    • Wet Ice
    • Liquid Nitrogen
    • Gel Packs
    • Eutectic Packs
    • Expanded Polystyrene
    • Insulated Blankets 

By Temperature Type:

  • Chilled
  • Frozen 

By Application:

  • Pharmaceuticals
  • Food & Beverage
    • Fruits & Vegetables
    • Dairy & Frozen Desserts
    • Bakery & Confectionery
    • Fish, Meat & Seafood
    • Others
  • Chemicals

By Region:

  • North America
    • By Country (US, Canada, Mexico, Rest Of North America)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa, Rest of the World)
    • By Type
    • By Temperature Control
    • By Temperature Type
    • By Application

Companies Covered: Americold Logistics, Preferred Freezer Services, Burris Logistics, Lineage Logistics Holdings LLC, Nichirei Corporation, Swire Cold Storage Ltd, AGRO Merchants Group, Cloverleaf Cold Storage, Kloosterboer, Al RaiLogistica K.S.C, Henningsen Cold Storage Co., Interstate Cold Storage Inc., and Versacold Logistics Services… 

Reasons To Buy This Report:

  • Market size estimation of the cold chain market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com

License Offerings

Single User License - USD 3999

Multi User License - USD 5499

Corporate License - USD 6999


Why QMI?

Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

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Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements


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