Cold Chain Logistics Market

Opportunities and Forecasts, 2014 - 2022

Cold Chain Logistics Market (Future and Growth)

• The Global Cold Chain Logistics market is expected to garner $426,275 million by 2022

• The market is growing at a CAGR of 16% by 2016 to 2022

• Drugs & pharmaceuticals segment is expected to witness fastest growth over the forecast period

• Growth for perishable processed food, government support towards infrastructure development for the Cold Chain sector

Cold Chain Logistics Market(Factors Contributing to Market Growth)

Cold Chain Logistic Market Is driven by amplified market penetration of • fresh agricultural produce

• seafood

• frozen food

• photographic film

• chemicals

• and pharmaceutical drugs

Cold Chain Logistics Market: Key Benefits

• Among all applications types, meat, fish & sea food segment generated the highest revenue of 35% of the Cold Chain Logistics Market in 2015

• Drugs & pharmaceuticals segment is expected to witness fastest growth during the forecast period

• Due to current demand supply gap in the market, the fragmented cold chain logistics market offers lucrative business opportunities for the new entrants.

Cold Chain Logistics Market : Segmentation

By Application

• Fruits & Vegetables

• Bakery & Confectionary

• Dairy & Frozen Desserts

• Meat, Fish and Seafood

• Drugs and pharmaceuticals

Cold Chain Logistics Market : Segmentation

By Geography

• Asia-Pacific accounted for the maximum revenue of the global Cold Chain Logistics Market in 2015, followed by North America.

• China holds the maximum percentage of the cold chain logistics market share in the Asia-Pacific region followed by India, Japan, South Korea, and Australia

• It also includes countries from Europe and LAMEA (Latin America, Middle East,Africa)

Cold Chain Logistics Market: Key Players

• Americold Logistics (U.S.)

• Lineage Logistics (U.S.)

• VersaCold Logistics Services (Canada)

• AGRO Merchants Group

• LLC (U.S.)

• United States Cold Storage, Inc. (U.S.), etc

Cold Chain Market Key players are:

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Summary

Increasing demand of frozen cooked & semi-cooked food amongst retail as well as business consumers, in the developing countries would fuel the cold chain logistics market in coming years. However, players operating in the market face challenges such as lack of deep freezing facilities in small retail shops, in semi- urban and rural areas of emerging markets