The global cold chain market is expected to reach $233,476.7 Million by 2019, at a CAGR of 15.6% from 2014 to 2019.
Dallas, TX -- (SBWIRE) -- 03/24/2015 -- The report "Cold Chain Market by Type (Refrigerated Storage, Refrigerated Transport), Product Type (Chilled, Frozen), Application (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood) & Region - Global Trends & Forecast to 2019", defines and segments the cold chain market with analyses and projections of the market size, in terms of value. The report profiles the key (3PL) players of the cold chain market. It focuses on the cold chain market applicable to perishable foods; and the study for infrastructure types includes refrigerated storage and refrigerated transport. The global cold chain market was valued at $97,835.5 million in 2013, and is expected to reach $233,476.7 million by 2019, at a CAGR of 15.6% from 2014 to 2019.
Browse 85 market data tables and 65 figures spread through 170 pages and in-depth TOC on "Cold Chain Market - Global Trends & Forecast to 2019"
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The market has been segmented on the basis of type, product type, and applications. It also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and restraints. The market is segmented and the market size is forecasted on the basis of key regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). Key countries are covered, with market size and trends projected for each region.
The cold chain market is projected to grow at a healthy CAGR of 15.6% between 2014 and 2019. The growing demand for perishable foods such as fruits & vegetables and frozen foods such as Meat, Fish & Seafood, technological advancements, and the need for cold chain in emerging countries such as India, China, and those in Latin America are fuelling the growth of the cold chain market.
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North America is the largest market for the cold chain due to the increase in exports and imports of perishable products, governmental & associations' initiatives supporting export growth and technological advancements.
The Asia-Pacific region has huge market potential as there is a need to reduce loss of food, there is government support for the development of cold chains, and an increase in disposable income, changing tastes & preferences, and urbanization, which increases the consumption of perishable foods such as frozen and chilled foods.
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