The cold chain market is anticipated to showcase a considerable CAGR during the forecast period. The changing consumer behavior, growth in the e-commerce industry, and advancement in the cold storage technology are the key factors promoting the end-users of the market to adopt this facility. Fruits & vegetables, floriculture, meat and marine products, pharmaceutical products, dairy products, and the ice-cream sector and confectionary are the major industries that are actively adopting the cold chain technology. Pharmaceutical cold chain management is a critical aspect of the supply chain in the pharmaceutical industry. The cold chain logistics services facilitate the pharmaceutical industry in maintaining a continual stock of drugs from suppliers and distributors across varied locations across the globe.
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The cold chain market is projected to grow at a considerable CAGR of more than 10% during the forecast period (2020-2026). Technological advancements in the packaging, processing, and storage of perishable food products is a key factor anticipated to drive the growth of the global cold chain market. Radiofrequency identification, IoT, and mobile racking are the key technologies that are highly being adopted in the cold chain industry. The increase in the global trade of the perishable food products and medicines along with the cohesive government policies for the development of infrastructure for cold chain facilities are the major aspects that are promoting the growth of the cold chain market across the globe.
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Market Segmentation
Global Cold Chain Market by Application
Fruits & Vegetable
Dairy & Frozen desserts
Meat, Fish, and Seafood
Drugs & Pharmaceuticals
Others
Company Profiles
Agro Merchants Group, LLC
Al Rai Logistica K.S.C.
AIT Worldwide Logistics, Inc.
Americold Logistics, LLC
Berlinger & Co. AG
Burris Logistics, Inc.
Cardinal Health, Inc.
Coldman Logistics Pvt. Ltd.
Conestoga Cold Storage
Congebec Logistics, Inc.
GlobalCold Chain Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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