Dublin, April 26, 2019 (GLOBE NEWSWIRE) -- The "Cold Chain Market Size, Share & Trends Analysis Report By Type (Transportation, Monitoring Components, Storage), By Packaging, By Equipment, By Application, By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global cold chain market size is estimated to reach USD 447.50 billion by 2025
It is anticipated to exhibit a CAGR of 15.1% during the forecast period. Technological advancements in packaging, processing, and storage of seafood products are expected to drive the growth.
Cold chain solutions have become an integral part of supply chain management for transportation and storage of temperature-sensitive products. Increasing trade of perishable products is anticipated to drive the demand for these solutions over the forecast period. Players operating in the market for cold chain are increasingly adopting alternative energy solutions such as wind and solar to minimize overall operating cost.
Among cold chain solutions, refrigeration system is used to prolong shelf life and to maintain quality of products. Refrigerants used in refrigeration systems pose a threat to the environment because of their high Global Warming Potential (GWP) and Ozone Depletion Potential (ODP).
Growing stringency of food safety regulations, such as the Food Safety Modernization Act that requires increased attention toward construction of cold storage warehouse, is slated to benefit the market. Adoption of environmental audit systems such as Leadership in Energy and Environmental Design (LEED) or Building Research Establishment Environmental Assessment Method (BREEAM) can evaluate designs at initial stage. Thus, operational performance of completed buildings can be assessed through these audit systems.
Temperature-controlled warehouses are highly energy-sensitive as they incorporate refrigeration and ventilation systems that require high power consumption. However, better design can reduce power consumption and can help build net-zero energy warehouses. Intelligent warehouse automation and control systems are one of the factors assisting buildings to achieve net-zero energy to become self-sustainable. Less energy consumption notably lowers operating expenditure, eventually contributing to protection of ecology and climate.
North America is anticipated to lead the cold chain market in terms of revenue owing to continuing innovation in autonomous trucks. Mexico is expected to witness exponential growth over the forecast period owing to the rise in investments for the development of logistics infrastructure and penetration of warehouse management systems.
In South America, Brazil is a major contributor to market growth. Implementation of dietary guidelines on usage of fresh food products over processed food led by the Brazilian government is expected to boost the market. These guidelines would necessitate development of cold chains to meet requirements for storage, transportation, and packaging of fresh food.
Key companies operating in the market include Agro Merchant Group (U.S.), Cloverleaf Cold Storage (U.S.), Henningsen Cold Storage (U.S.), Nordic Logistics and Warehousing, LLC (U.S.), and Preferred Freezer Services, LLC (U.S.). Cold chain service providers have invested aggressively to add onboard tracking equipment to refrigeration units. These units provides real-time location and temperature data to shippers and third-party logistics. It further helps them with increased visibility and opportunity to mitigate or prevent losses.
Along with the aforementioned players, cold chain packaging companies such as Cold Chain Technologies, Inc. (U.S.); Cryopack Industries, Inc. (U.S.); Creopack (Canada); and Cold Box Express, Inc. (U.S.) contribute significantly to market growth.
Further key findings from the report suggest:
- Connected products help companies develop closer customer relationships through product differentiation and moving away from price competition
- Due to a shift in focus from increasing the productivity to providing better transport and storage facilities, the market has gained prominence in developing countries such as China and India
- Cold chain monitoring, smart packaging, sample lifecycle management, men and material tracking, and connected equipment are among IoT applications of key importance for the pharmaceuticals industry
- Radio Frequency Identification (RFID)-enabled supply chain provides higher efficiency and has opened up new opportunities by offering product level visibility
- Globalization and growing number of pharmaceutical and food safety counterfeit incidents have compelled governments to tighten regulations on production and supply. Rising trend of buying food products online and adoption of e-commerce in China are key demand drivers
- The Government of India remains keen on supporting development of the cold chain market and is encouraging private participation by launching subsidy schemes and offering grants.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
2.1 Key Market Trends
2.1.1 Expansion of food retail chains
2.1.2 Implications of CO2/NH3 cascade refrigeration system
2.1.3 Environmental impact of refrigerants
2.1.4 Cost and risk reduction strategies in pharmaceutical cold chain distribution
2.1.5 Internet of Things (IoT) in pharmaceutical supply chains
2.2 Key Country Trends
2.2.1 China
2.2.1.1 E-commerce industry trends in China
2.2.1.2 Effects of e-commerce on the Chinese seafood market
2.2.1.3 Impact of food and beverage e-commerce on the supply chain
2.2.1.4 Initiativees by online retail giants to upgrade cold chain systems
2.2.1.5 Business models for fresh food produce e-commerce in China
2.2.1.5.1 Integrated B2C e-commerce marketplace
2.2.1.5.2 Vertical B2C e-commerce platform
2.2.1.5.3 E-commerce platform operated by logistics companies
2.2.1.5.4 O2O model operated by supermarkets
2.2.1.5.5 Community O2O model
2.2.1.6 Fresh produce e-commerce in China-Factors for increased losses
2.2.1.6.1 Factors to overcome challenges involved in fresh produce e-commerce
2.2.1.6.2 Fresh produce e-commerce - Cold chain logistics requirements
2.2.2 Singapore
2.2.3 India
2.2.3.1 Government initiatives
2.2.4 Japan
2.2.5 U.S.
2.2.6 China
2.2.7 Brazil
2.3 Cold Chain-Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.3.1 Global cold chain market, 2014 - 2025
2.3.2 Cold chain type outlook (Revenue, USD Billion; 2014 - 2025)
2.3.2.1 Storage
2.3.2.2 Transportation
2.3.2.3 Monitoring components
2.3.3 Cold chain packaging outlook (Revenue, USD Million; 2014 - 2025)
2.3.3.1 Product
2.3.3.2 Materials
2.3.4 Cold chain equipment outlook (Revenue, USD Million; 2014 - 2025)
2.3.5 Cold chain application outlook (Revenue, USD Million; 2014 - 2025)
2.3.5.1 Dairy products
2.3.5.2 Pharmaceuticals
2.3.5.3 Bakery & confectionary
2.3.5.4 Processed food
2.3.5.5 Fish, meat, and seafood
2.3.5.6 Fruits & vegeTables
2.3.5.7 Fruit pulp & concentrates
2.3.5.8 Others (ready-to-cook, poultry)
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 Cold Chain Market Size and Growth Prospects
3.3 Cold Chain-Value Chain Analysis
3.4 Market Dynamics
3.4.1 Refrigerants market analysis
3.4.2 Market driver analysis
3.4.2.1 Increasing demand for quality food
3.4.2.2 Increasing automation in warehousing
3.4.2.3 Increasing IT spending in cold chain logistics
3.4.2.4 Growing investment for developing cold chain
3.4.2.5 Growing popularity of e-commerce as a channel for purchasing fresh food
3.4.2.6 RFID technology for cold chain applications
3.4.3 Market restraint analysis
3.4.3.1 High initial investment
3.4.4 Market opportunity analysis
3.4.4.1 Growing application of telematics in logistics and transportation
3.4.4.2 Low-carbon design, environmental auditing, and innovative construction of cold storage Warehouses
3.4.5 Market challenge analysis
3.4.5.1 Lack of standardization and infrastructure in emerging markets
3.5 Key Opportunities-Prioritized
3.6 Cold Chain-Key Company Analysis, 2017
3.6.1 Key company analysis, 2017
3.7 List of Key Players with Cold Storage Capacity-2016
3.8 Regulatory Framework for Chilled and Frozen Food
3.8.1 U.S.
3.8.2 Canada
3.8.3 Germany
3.8.4 U.K.
3.8.5 India
3.8.6 China
3.8.7 Netherlands
3.8.8 Norway
3.8.9 Singapore
3.8.10 Japan
3.9 Industry Analysis-Porter's
3.10 Cold Chain-PEST Analysis
Chapter 4 Cold Chain Market: Type Estimates & Trend Analysis
4.1 Cold Chain Market: Type Analysis
4.1.1 Storage
4.1.1.1 Warehouses
4.1.1.1.1 On-grid
4.1.1.1.2 Off-grid
4.1.1.2 Reefer container
4.1.2 Transportation
4.1.2.1 Road
4.1.2.2 Sea
4.1.2.3 Rail
4.1.2.4 Air
4.1.3 Monitoring components
4.1.3.1 Hardware
4.1.3.1.1 Sensors
4.1.3.1.2 RFID devices
4.1.3.1.3 Telematics
4.1.3.1.4 Networking devices
4.1.3.2 Software
4.1.3.2.1 On-premise
4.1.3.2.2 Cloud-Based
Chapter 5 Cold Chain Market: Packaging Estimates & Trend Analysis
5.1 Cold Chain Market: Packaging Analysis
5.1.1 Product
5.1.1.1 Crates by volume
5.1.1.2 Crates by revenue
5.1.1.2.1 Dairy
5.1.1.2.2 Pharmaceuticals
5.1.1.2.3 Fishery
5.1.1.2.4 Horticulture
5.1.1.3 Insulated containers & boxes by volume
5.1.1.4 Insulated containers & boxes by revenue
5.1.1.5 Payload size
5.1.1.5.1 Large (32 to 66 liters)
5.1.1.5.2 Medium (21 to 29 liters)
5.1.1.5.3 Small (10 to 17 liters)
5.1.1.5.4 X-small (3 to 8 liters)
5.1.1.5.5 Petite (0.9 to 2.7 liters)
5.1.1.6 Type
5.1.1.6.1 Cold chain bags/vaccine bags
5.1.1.6.2 Corrugated boxes
5.1.1.6.3 Others
5.1.1.7 Cold packs
5.1.1.8 Labels
5.1.1.9 Temperature-controlled pallet shippers
5.1.2 Material
5.1.2.1 Insulating materials
5.1.2.1.1 EPS
5.1.2.1.2 PUR
5.1.2.1.3 VIP
5.1.2.1.4 Cryogenic tanks
5.1.2.1.5 Others
5.1.2.2 Refrigerants
5.1.2.2.1 Fluorocarbons
5.1.2.2.2 Inorganics
5.1.2.2.2.1 Ammonia
5.1.2.2.2.2 CO2
5.1.2.2.3 Hydrocarbons
Chapter 6 Cold Chain Market: Equipment Estimates & Trend Analysis
6.1 Cold Chain Market: Equipment Analysis
6.1.1 Storage equipment
6.1.1.1 On-grid
6.1.1.1.1 On-grid
6.1.1.2 Off-grid
6.1.1.2.1 Off-grid
6.1.2 Transportation equipment
Chapter 7 Cold Chain Market: Application Estimates & Trend Analysis
7.1 Cold Chain Market: Application Analysis
7.1.1 Fruits & vegeTables
7.1.2 Fruits pulp & concentrates
7.1.3 Dairy products
7.1.4 Fish, meat, and seafood
7.1.5 Processed food
7.1.6 Pharmaceuticals
7.1.7 Bakery & confectionary
7.1.8 Others
Chapter 8 Cold Chain Market: Regional Estimates & Trend Analysis
8.1 Cold Chain Market Share by Region, 2018 & 2025
Chapter 9 Competitive Landscape
- Americold Logistics LLC
- Agro Merchant Group
- Burris Logistics, Inc.
- Cloverleaf Cold Storage
- Henningsen Cold Storage Company
- Lineage Logistics, LLC
- Nordic Logistics
- Preferred Freezer
- Swire Group
- Wabash National
- Cold Chain Technologies, Inc.
- Cryopak Industries Inc.
- Creopack
- Cold Box Express, Inc.
- Intelsius
- Nilkamal Limited
- Sofrigam
- Softbox Systems Ltd.
- Sonoco ThermoSafe
- Valor Industries
- va Q tec AG
For more information about this report visit https://www.researchandmarkets.com/r/ljyiyo
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