Latest research on Cold Chain Market reports annualized growth of 11.5%

Cold Chain Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Cold Chain Market Study" explored substantial growth of 11.5%. According to the report, Companies Are Shifting To ‘Power Saving’ Mode is one of the primary growth factors for the market. Growing Production of Perishables across the Globe is also expected to contribute significantly to the Cold Chain market. Overall, applications of Cold Chain, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Temperature Type, such as Chilled, is boosting the Cold Chain market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Commodity Type, such as Horticulture {Fresh Fruits & Vegetables}, is boosting the Cold Chain market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Cold Chain market identified that the demand is rising in many different parts of the world as "Growing Demand for Organized Retail ". Furthermore, some recent industry insights like "On 18 Sept 2019, Lineage Logistics, LLC, a foremost cold chain player announced as part of its global expansion efforts that it has acquired two facilities from Van Soest Coldstores (“Van Soest”), a Netherlands-based organization specializing in the storage and transfer of cooled and deep-frozen food products. The acquisition will add more than 10MM cubic feet and more than 300,000 square feet of storage capacity to Lineage’s portfolio after current expansions are completed, bringing Lineage’s total European cold storage capacity to nearly 200MM cubic feet across 23 facilities in England, Scotland, Belgium and the Netherlands. and On 19 July 2019, NewCold, the deep-frozen storage and logistics specialists, have recently introduced a fully-automated handling solution which, says the company, sets new standards in maintaining temperature integrity and efficiency in the cold chain." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cold Chain market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cold Chain market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Cold Chain Market Study

Data Triangulation
The overall Cold Chain market size is calculated using market estimation process, the Cold Chain market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cold Chain market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales