The cold chain market was valued at USD 182.57 billion in 2017, and is expected to reach USD 277.69 billion by 2023, recording a CAGR of 7.24%, during the forecast period of 2018-2023. The market has been segmented by type (storage and transportation), application, and region.
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Cold Chain Market Segmentation:
Top leading Manufactures Profiled in Cold Chain Market Report are:
Cwt Pte Limited, Americold Logistics Llc, Nichirei Corporation, Lineage Logistics Holdings Llc, Orient Overseas (International) Limited, Versacold International Corporation, Agro Merchants Group Llc, Burris Logistics Inc., Jwd Group Inc., Swire Cold Chain Logistics (Shanghai) Co. Ltd, And Xpo Logistics Inc
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The report highlights major developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.
Cold Chain Market analysis report has recently added by Research which helps to make informed business decisions. This research report further identifies the market segmentation along with their sub-types. The Cold Chain Market is expected to reach at a huge CAGR during the forecast period. Various factors are responsible for the market’s growth, which are studied in detail in this research report.
Cold Chain Market Scenario:
The increasing trade of perishable products and rising government support for the development of infrastructure for cold chain facilities are anticipated to drive markets growth, over the forecast period. The cold chain service providers are also adopting cutting-edge technologies, to cater to the increasing demand for food safety, in processed foods. This is expected to offer ample opportunities, thereby boosting the proliferation of numerous multinational vendors into the market, in order to provide better cold chain solutions.
Stringent food safety regulations, such as the Food Safety Modernization Act, which requires increased attention toward construction of a cold storage warehouse, are further expected to benefit the market. However, issues related to environmental concerns regarding the emission of greenhouse gas are estimated to challenge the growth of the market studied.
The key insights of the Cold Chain Market report:
─The report provides key statistics on the market status of the Cold Chain market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
─The Cold Chain market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
─The report estimates 2020-2026 market development trends of Cold Chain Market.
─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
─The report makes some important proposals for a new project of Cold Chain Industry before evaluating its feasibility.
In conclusion, Cold Chain market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Cold Chain Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
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