ShareThe global cold chain market
The global cold chain market was valued at USD 97,835.5 Million in 2013, and is expected to reach USD 233,476.7 Million by 2019.
The global cold chain market was valued at USD 97,835.5 Million in 2013, and is expected to reach USD 233,476.7 Million by 2019, at a Compound annual growth rate (CAGR) of 15.6% from 2014 to 2019.
North America is the largest market for the cold chain due to the increase in exports and imports of perishable products, governmental and associations’ initiatives supporting export growth and technological advancements.
The Asia-Pacific region has huge market potential due to a need to reduce food losses. There is government support for the development of cold chains, and an increase in disposable income, changing tastes and preferences and urbanization, all increase the consumption of perishable foods such as frozen and chilled foods.
The key players identified in the cold chain industry are AmeriCold Logistics(U.S.), Lineage Logistics(U.S.), Swire Cold Storage Pty (Australia), Preferred Freezer Services (U.S.), Nichirei Logistics Group, Inc.(Japan).
Source: ReportLinker
North America is the largest market for the cold chain due to the increase in exports and imports of perishable products, governmental and associations’ initiatives supporting export growth and technological advancements.
The Asia-Pacific region has huge market potential due to a need to reduce food losses. There is government support for the development of cold chains, and an increase in disposable income, changing tastes and preferences and urbanization, all increase the consumption of perishable foods such as frozen and chilled foods.
The key players identified in the cold chain industry are AmeriCold Logistics(U.S.), Lineage Logistics(U.S.), Swire Cold Storage Pty (Australia), Preferred Freezer Services (U.S.), Nichirei Logistics Group, Inc.(Japan).
Source: ReportLinker