Cold Chain Market by Type (Storage/Warehouses, Transportation and Monitoring Components), Treatment Type, Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global cold chain market size was valued at $216.17 billion in 2020 and is projected to reach $372.63 billion by 2026, growing at a CAGR of 9.5% during the forecast period.

• The cold chain market is expected to witness significant growth in the future due to the increasing demand for processed and convenience foods owing to modernization around the world and growing penetration of connected devices and automation of refrigerated warehouses.

• Additionally, increasing popularity of e-commerce as a channel for purchasing fresh food, rising investments for developing cold chain, growth of international trade due to trade liberalization and increasing need for temperature control to prevent potential health hazards are some of the factors driving the growth of the cold chain market in the forecast period.

• However, high energy & infrastructure costs and environmental concerns regarding GHG emissions are likely to restrain the market growth.

• On the contrary, government support for infrastructure development to reduce post-harvest & processed food wastage and growing demand for organized retail, are expected to provide positive opportunities in the upcoming years.

The cold chain is the temperature-controlled supply chain that ensures food can be transported safely without spoilage from point of manufacturing to point of use. The cold chain is used to keep things including fresh agricultural produce, seafood, photographic film, frozen food, chemicals, and pharmaceutical pharmaceuticals fresh and extend their shelf life. To keep the integrity of the items being stored and transported, the cold chain system uses thermal and refrigerated packing techniques, as well as logistical planning. Air, sea, roads, and trains are all viable options for delivering cold chain commodities. To ensure the quality of the items being carried, cold chain tracking and driving are used.

By Application, Fish, Meat and Sea Food Segment Held the Largest Share in the Global Market

The fish, meat and sea food segment is expected to have a huge demand and is expected remain dominant in the forecast period as well. Technological improvements in packaging, processing, and storage of seafood are likely to augment the growth of this segment. Furthermore, increase in fish production is anticipated to propel the segment growth.

By Region, Asia-Pacific Region to Grow at a Faster Pace

Asia-Pacific region is expected to grow at a faster pace in the forecast period. Countries such as India and China have a huge potential for the expansion of the cold chain industry owing to increasing processed and packaged food items demand from a rapidly expanding middle class income consumers. Technological innovations in packaging, processing, and storage of seafood products in these countries are stimulating the market growth. Moreover, increasing advancements in the pharmaceutical sector in China and the rapid expansion in biopharma in the region are expected to augment the demand for cold chain market growth.

Some of the key players profiled in the Report:
• Cloverleaf Cold Storage
• Agro Merchants Group
• Americold Logistics LLC
• Lineage Logistics LLC
• Nichirei Corporation
• Burris Logistics Inc.
• Henningsen Cold Storage Company
• Preferred Freezer
• Wabash National
• Nordic Logistics
• Swire Group
• Cold Chain Technologies, Inc.
• Nilkamal Limited
• Creopack
• Cryopak Industries Inc.
• Intelsius

What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type
• Storage/Warehouses
• Transportation
• Monitoring Components

Market by, Temperature Type
• Frozen
• Chilled

Market by, Application
• Dairy & Frozen Desserts
• Fruits & Vegetables
• Fruit Pulp & Concentrates
• Fish, Meat, and Seafood Products
• Processed Food
• Bakery & Confectionery Products
• Pharmaceutical
• Chemicals
• Healthcare
• Other Applications

 Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview                
    1.1 Introduction            
    1.2 Research Objectives           
    1.3 Market Segmentation           
    1.4 Stakeholders            
    1.5 List of Acronyms            
                  
2 Executive Summary                 
                  
3 Research Methodology               
    3.1 Identification of Data           
    3.2 Evaluation of Market Dynamics          
    3.3 Collaboration of Data           
    3.4 Verification and Analysis           
    3.5 Data Sources            
    3.6 Assumptions            
                  
4 Market Dynamics                
    4.1 Market Drivers            
           4.1.1 Growing penetration of connected devices and automation of refrigerated warehouses across the globe
           4.1.2 Increasing consumer demand for perishable foods  
           4.1.3 Growth of international trade due to trade liberalization 
           4.1.4 Increasing need for temperature control to prevent potential health hazards
    4.2 Market Restraints            
           4.2.1 High energy & infrastructure costs   
           4.2.2 Environmental concerns regarding GHG emissions  
    4.3 Market Opportunities           
    4.4 Market Challenges            
    4.5 Impact of COVID-19 on Cold Chain Market         
                  
5 Porter's Five Force Analysis               
    5.1 Bargaining Power of Suppliers           
    5.2 Bargaining Power of Buyers           
    5.3 Threat of New Entrants           
    5.4 Threat of Substitutes           
    5.5 Competitive Rivalry in the Market          
                  
6 Global Cold Chain Market by, Type              
    6.1 Overview            
    6.2 Storage/Warehouses           
    6.3 Transportation             
           6.3.1 Road      
           6.3.2 Sea      
           6.3.3 Air      
           6.3.4 Rail      
    6.4 Monitoring Components           
           6.4.1 Hardware     
                  6.4.1.1 Networking Devices
                  6.4.1.2 RFID Devices
                  6.4.1.3 Sensors
                  6.4.1.4 Telematics
           6.4.2 Software      
                  6.4.2.1 Cloud-based
                  6.4.2.2 On-premise
                  
7 Global Cold Chain Market by, Temperature Type             
    7.1 Overview            
    7.2 Frozen             
    7.3 Chilled             
                  
8 Global Cold Chain Market by, Application             
    8.1 Overview            
    8.2 Dairy & Frozen Desserts           
    8.3 Fruits & Vegetables            
    8.4 Fruit Pulp & Concentrates           
    8.5 Fish, Meat, and Seafood Products          
    8.6 Processed Food            
    8.7 Bakery & Confectionery Products          
    8.8 Pharmaceutical            
    8.9 Chemicals            
    8.10 Healthcare            
    8.11 Other Applications            
           8.11.1 Sauces      
           8.11.2 Condiments     
           8.11.3 Salad Dressings     
           8.11.4 Dips       
           8.11.5 Poultry      
                  
9 Global Cold Chain Market by, Geography              
    9.1 Overview            
    9.2 North America            
    9.3 Europe             
    9.4 Asia Pacific            
    9.5 South America            
    9.6 Middle East & Africa           
                  
10 Key Developments                
                  
11 Company Profiling                
    11.1 Cloverleaf Cold Storage           
             11.1.1 Business Overview   
             11.1.2 Product/Service Offering  
             11.1.3 Financial Overview   
             11.1.4 SWOT Analysis   
             11.1.5 Key Activities   
    11.2 Agro Merchants Group           
    11.3 Americold Logistics LLC            
    11.4 Lineage Logistics LLC           
    11.5 Nichirei Corporation           
    11.6 Burris Logistics Inc.            
    11.7 Henningsen Cold Storage Company          
    11.8 Preferred Freezer            
    11.9 Wabash National             
    11.10 Nordic Logistics            
    11.11 Swire Group            
    11.12 Cold Chain Technologies, Inc.           
    11.13 Nilkamal Limited            
    11.14 Creopack             
    11.15 Cryopak Industries Inc.            
    11.16 Intelsius