HTF Market Intelligence Consulting Private Limited

Cold Chain Market Is Gaining Momentum with Americold Logistics, Lineage Logistics Holdings, United Parcel Service

Cold Chain Market will witness a 9.02% CAGR, Top Key Players and Forecast to 2028

 

Pune, Maharashtra -- (SBWIRE) -- 12/01/2023 -- HTF MI introduces new research on Cold Chain covering the micro level of analysis by competitors and key business segments (2023-2029). The Cold Chain explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.

Some of the major key players profiled in the study are Americold Logistics LLC (United States), Lineage Logistics Holdings LLC (United States), United Parcel Service Inc. (United States), DHL International GmbH (Germany), FedEx Corporation (United States), Nichirei Corporation (Japan), Burris Logistics Inc. (United States), AGRO Merchants Group (United States), Swire Cold Storage Ltd. (Hong Kong), VersaCold Logistics Services (Canada), Gruppo Marconi Logistica Integrata SpA (Italy), Kloosterboer Group B.V. (Netherlands), Preferred Freezer Services (United States), Interstate Cold Storage Inc. (United States).

The global Cold Chain market size is expanding at robust growth of 9.02%, sizing up market trajectory from USD 9.75 Billion in 2023 to USD 12.85 Billion by 2029.

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Definition:
The cold chain market refers to the infrastructure and processes involved in the storage, transportation, and distribution of temperature-sensitive products such as food, pharmaceuticals, and chemicals, maintaining their quality and integrity within specified temperature ranges.

On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [Pharmaceuticals, Food & Beverages, Chemicals, Others], Product Types [Chilled, Frozen] and some significant parts of the business.

Market Trends:
? Growing demand for fresh and frozen food products

Market Drivers:
? Rising consumer preference for perishable goods

Market Opportunities:
? Emerging markets with increasing disposable income

Market Restraints:
? Emerging markets with increasing disposable income

Market Challenges:
? Emerging markets with increasing disposable income

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Cold Chain Market by Key Players: Americold Logistics LLC (United States), Lineage Logistics Holdings LLC (United States), United Parcel Service Inc. (United States), DHL International GmbH (Germany), FedEx Corporation (United States), Nichirei Corporation (Japan), Burris Logistics Inc. (United States), AGRO Merchants Group (United States), Swire Cold Storage Ltd. (Hong Kong), VersaCold Logistics Services (Canada), Gruppo Marconi Logistica Integrata SpA (Italy), Kloosterboer Group B.V. (Netherlands), Preferred Freezer Services (United States), Interstate Cold Storage Inc. (United States)

Cold Chain Market by Geographical Analysis:

- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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