About Food and Beverage Cold Chain Logistics
Food and beverage cold chain logistics is refer as the process of storing and transporting food and beverages in a temperature-controlled environment is done. Goods like meat, seafood, beverages, and frozen foods are stored in a temperature-controlled environment and then transported. The market of Food and beverage cold chain logistics is increasing due to the rising import export activity. In many region there is shortage of the several food and beverage item that's why they are been transported
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.7% |
Competition among existing players is due to the Food and Beverage Cold Chain Logistics market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food and Beverage Cold Chain Logistics makers. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Food and Beverage Cold Chain Logistics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AGRO Merchants Group (United States), Americold (United States), John Swire & Sons (United Kingdom), Lineage Logistics (United States), Preferred Freezer Services (United States), Kloosterboer Group (Netherland), Nichirei Logistics Group (Japan), Preferred Freezer Services (United States), Blokland Cold Stores B.V. (Netherland), Bring Frigoscandia (Norway) and Burris Logistics (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cold Freight Services (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Food and Beverage Cold Chain Logistics market by Type (Refrigerated Storage and Refrigerated Transport), Application (Meat and seafood, Dairy and frozen desserts, Fruits, vegetables, and beverages, Bakery and Confectionery) and Region.
On the basis of geography, the market of Food and Beverage Cold Chain Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Temperature type, the sub-segment i.e. Chilled will boost the Food and Beverage Cold Chain Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Means of temperature control, the sub-segment i.e. Conventional Refrigeration will boost the Food and Beverage Cold Chain Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Blast Freezing will boost the Food and Beverage Cold Chain Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
To increase productivity and save space, there is growing use of fuel cell-based forklifts in refrigerated warehousing, Growing popularity of blockchain technology to improve cold chains traceability and Rising focus on multiple modes of transportation
Market Growth Drivers:
Increase in the frozen food consumption and Growing in the urbanisation is further adding the growth in the frozen food market
Challenges:
Capacity-related issues due to seasonal demand for refrigerated products and Availability of low skilled labours
Restraints:
High cost associated in building and operating of cold chains and Lack of efficient support in logistic
Opportunities:
Growing organised retail sector in the region of APAC
Market Leaders and their expansionary development strategies
In August 2018, AGRO Merchants Group, a global leader in cold storage and logistics solutions, announced the acquisition of Transmode, a leading regional transportation business based in Paulsboro, NJ with most of its business operations in Philadelphia, PA. This transaction substantially enhances AGRO’s North East transportation operations with a primary focus on meat and other protein commodities
In January 2017, AGRO Merchants Group, announce receipt of the first shipment of fresh produce through the Port of Savannah. The fresh Peruvian table grapes were shipped by Divine Flavor, a grower-owned distribution partner of the Mexican-based Grupo Alta
Food and Drug Administration (FDA), set requirements and minimum safety standards for the handling of many consumer foods and temperature-sensitive products
Key Target Audience
Warehouse owners, Refrigerated storage owners, Cold chain equipment manufacturers & suppliers, Refrigeration solutions providers, Government agencies and non-governmental organizations, The International Association of Refrigerated Warehouse (IARW), Global Cold Chain Alliance (GCCA), Food processing businesses, Seafood companies, Livestock producers, Logistics service providers, Cold logistics players and Warehousing agents
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.