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Cold chain is a temperature controlled logistic system for perishable goods. Cold chain infrastructure consists of refrigerated storage, pre-cooling facilities, packaging, information management systems and refrigerated transport. The methods generally used in cold chain market to transport and store the goods are thermal and refrigerated packaging methods. Cold chains are used for various products including pharmaceutical drugs, chemicals and agricultural products, frozen foods and beverages. Cold chain is a crucial logistic system as it enhances food safety, reduces food loss, and retains features, longevity and freshness of the products.
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GLOBAL INDUSTRY INSIGHT: Cold Chain Market Size, Share, Development, Growth and Demand
Forecast to 2020
© P&S Market Research. All rights reserved 2
Global Cold Chain Market Size, Share, Development, Growth and
Demand Forecast to 2020
Cold chain is a temperature controlled logistic system for perishable goods. Cold chain infrastructure consists of
refrigerated storage, pre-cooling facilities, packaging, information management systems and refrigerated
transport. The methods generally used in cold chain market to transport and store the goods are thermal and
refrigerated packaging methods. Cold chains are used for various products including pharmaceutical drugs,
chemicals and agricultural products, frozen foods and beverages. Cold chain is a crucial logistic system as it
enhances food safety, reduces food loss, and retains features, longevity and freshness of the products.
On the basis of type of cold chain, the market can be categorized as refrigerated transport and refrigerated
storage. On the basis of products supplied through cold chain, the market can be segmented into pharmaceutical
drugs, chemicals, and food and beverages. Further, the food and beverages cold chain market can be segmented
as bakery and confectionery, fish, meat and seafood, dairy and frozen foods, and fruits and vegetables.
For more information visit: https://www.psmarketresearch.com/market-analysis/cold-chain-market
Increased demand of cold chain logistics from emerging economies is a major development in the cold chain
market. Factors such as technological advancements in refrigerated storage and refrigerated transport, increase
in consumer demand for unpreserved foods, and growth of international trades for perishable foods, are the
growth drivers for the cold chain market. The demand for fresh food through online shopping has increased in the
past few years, and it plays a vital role in the increasing demand of refrigerated transport by road. Reefer
containers that are transported by sea maintains life cycle of unpreserved foods. The technical advancements in
reefer containers are also supporting the growth of refrigerated transport. Various organizations, such as Supply
Network Asia, Asia Cold Chain Centre, CEMAFROID in Paris, Logistic Academy in Singapore, and National
Centre for Cold Chain Development in India, are also contributing to the development of cold chain network in
emerging countries by providing cold chain logistics training to farmers for food storage and food waste
minimization.
Surging demand of frozen foods, coupled with the development in the organized retail in emerging markets is one
of major opportunities in the cold chain market. Some of the factors that are restraining the growth of cold chain
market are lack of infrastructure support in emerging markets, maintaining cold chain integrity and rising energy,
infrastructure and maintenance costs.
North America had the largest cold chain market in 2014. The large market share of North America is attributed to
high export and import of the perishable foods in the region. Asia-Pacific witnessed fastest growth in cold chain
market, fuelled mainly by the cold chain development in emerging countries led by China and India. Cold chain
market in India is growing with the help of supportive government initiatives, rise in organized retail, and shift in
preferences of the consumers in the country. Many U.S. based cold chain service providers have recently
© P&S Market Research. All rights reserved 3
Global Cold Chain Market Size, Share, Development, Growth and
Demand Forecast to 2020
invested in cold chain infrastructure in China. The e-commerce and food safety regulations introduced by
government of China are resulting in increased demand of cold chain market in the country.
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Some of the major competitors in the global cold chain market include Preferred Freezer Services, Henningsen
Cold Storage Company, Swire Cold Storage Ltd., Cloverleaf Cold Storage, Nichirei Logistics Group Inc.,
Americold Logistics, Lineage Logistics Holding LLC, Interstate Cold Storage Inc., Burris Logistics, and Millard
Refrigerated Services.
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