Cold Chain Market to Hit $986.91 Billion by 2030: Grand View Research, Inc.
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Read 350 page full market research report for more Insights, "Cold Chain Market Size, Share & Trends Analysis Report By Type (Storage, Monitoring Components), By Equipment (Storage, Transportation), By Application (Fish, Meat & Seafood), By Packaging, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Cold Chain Market Growth & Trends
Organized retail stores use better refrigeration and improved storage technology than traditional stores. Thus, consumers are increasingly purchasing frozen foods from these retail stores. With the increased demand for chilled and frozen foods and the rapidly expanding organized retail sector, the demand for cold storage solutions is expected to grow over the projected period. Organized retail supports different outlet formats depending on spending power and proximity to major residential and consumption clusters.
The offline mode of organized retailing is categorized into convenience stores, supermarkets, and hypermarkets based on product range and surface coverage. On the other hand, the lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operating costs.
However, this also offers opportunities for companies to develop unique solutions or leverage alternative energy sources that can overcome these issues in emerging markets. Furthermore, new transportation means, such as versatile refrigerated containers, are being developed to overcome the lack of adequate transportation facilities. These solutions can provide access to international markets and offer opportunities for farmers and small-scale businesses in these regions.
Cold Chain Market Segmentation
Grand View Research has segmented the global cold chain market on the basis of type, packaging, equipment, application, and region.
Cold Chain Market - Type Outlook (Revenue, USD Million; 2017 - 2030)
Cold Chain Market - Packaging Outlook (Revenue, USD Million; 2017 - 2030)
Cold Chain Market Equipment Outlook (Revenue, USD Million; 2017 - 2030)
Cold Chain Market - Application Outlook (Revenue, USD Million; 2017 - 2030)
Cold Chain Market - Regional Outlook (Revenue, USD Million; 2017 - 2030)
List of Key Players in Cold Chain Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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