Global Cold Storage Market is predicted to reach USD 212.54 billion by 2025 owing to the increasing retail sector in the emerging countries across globe. Cold storage is a room with low temperature maintained by using machinery and appropriate equipment. India, a developing economy is observed as a special geography with a wide range of quality soil that can produce various types of vegetables & fruits along with marine products in huge quantities in coastal areas.
The cold storages play a very important role in extending the shelf life, marketing period, avoiding excess supply and reducing transport bottlenecks in the high time of production and maintaining production quality. In short, cold storages are essential for minimizing the wastage of perishable items and hence offering remunerative prices to the farmers and producers. The ever-growing population and the demand for food products are expected to boost cold storage market with a CAGR of 12.4% in coming years.
The retail sector in the emerging economies are progressively getting organized. The licensed retailers of the organized retail industry sells products of different varieties. As compared to the traditional provisions, the organized retail provisions use improved storage technology and better refrigeration techniques. These factors are predicted to augment the cold storage market in near future.
To download the sample PDF of Cold Storage Market Report “please” click here: https://www.millioninsights.com/industry-reports/cold-storage-market/request-sample
However, the lack of infrastructure required for market development is the major challenge for the cold storage market players to expand in the emerging markets. Moreover, shortage of power hook-ups for reefer trailers at transportation centers and ports with inconsistent power supply for cold storages are expected to increase the operation costs.
On the other hand, these restraints also provide opportunities to the cold storage market players to introduce innovative solutions or implement alternative energy sources to overcome the unpredictable power supply in developing regions. Besides, new transport modes like versatile refrigerated containers are developed to overcome the adequate transportation facility. These actions can offer access to global market and bring in opportunities for the producers and small businesses in these areas.
Cold storage market can be categorized on the basis of temperature type, application and geography. On the basis of temperature type, the market can be divided into chilled type and frozen type. In the terms of application, market can be divided into vegetables & fruits, fish, dairy products, pharmaceuticals and seafood & meat.
Geographically, the cold storage industry is segmented as North America, South America, Europe, Asia Pacific and Middle East & Africa. Asia pacific is expected to dominate the cold storage market in near future owing to the growth in the refrigerated storage capacity. Especially, Indian market is predicted to hold less than half of the entire cold chain capacity to meet its current requirements.
The key cold storage market player profiled here are Americold Logistics LLC, Al Rai Logistica K.S.C, Agro Merchants Group, Burris Logistics, Barloworld Limited, Cloverleaf Cold Storage, Gulf Drug LLC, Henningsen Cold Storage Company, Kloosterboer, Lineage Logistics, Nordic Logistics, Oxford Logistics Group, Oceana Group Limited, Preferred Freezer, RSA Logistics, Swire Group, VersaCold Logistics Services, United States Cold Storage Inc., Wared Logistics and Wabash National Corporation.
To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/cold-storage-market
Market Segment:
Warehouse Type Outlook (Revenue, USD Billion; 2014 – 2025)
• Private & semi-private
• Public
Construction Type Outlook (Revenue, USD Billion; 2014 – 2025)
• Bulk storage
• Production stores
• Ports
Temperature Type Outlook (Revenue, USD Billion; 2014 – 2025)
• Chilled
• Frozen
Application Outlook (Revenue, USD Billion; 2014 – 2025)
• Fruits & vegetables
• Dairy
• Fish, meat & seafood
• Processed food
• Pharmaceuticals
Regional Outlook (Revenue, USD Billion; 2014 – 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Netherlands
• Asia Pacific
• China
• India
• Japan
• Singapore
• South America
• Brazil
• The Middle East and Africa (MEA)
Browse latest market research reports available with Million Insights:
• GaN Semiconductor Devices Market: With reference to the report published, the global GaN semiconductor devices market was prized by USD 1.44 billion in 2019. It is estimated to witness 19.8% CAGR from 2020 to 2027.
• Virtual Private Network Market: With reference to the report published, the global virtual private network market was prized by USD 25.65 billion in 2019. It is estimated to witness 17.4% CAGR from 2020 to 2027.
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/cold-storage-market