Global Cold Chain Market for Food Industry: Increasing Demand for Perishable Foods Worldwide to Generate Mammoth Opportunities for Players, predicts TMR

Press Release   •   Nov 21, 2016 11:53 IST

A new market intelligence study, titled “Cold Chain Market for Food Industry - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016–2023,” by Transparency Market Research (TMR) offers a detailed analysis of the market. The research study throws light on the promising opportunities in the global cold chain market for the food industry. It also highlights the product segmentation, geographical segmentation, key drivers, challenges, and recent developments in the global market. With the help of tables, charts, infographics, and graphs the study helps the readers acquire a clear picture of the global cold chain market for the food industry.

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The cold chain market has been classified on the basis of type of storage into transport and stored. On the basis of application, the global market has been categorized into seafood, dairy, fruits and vegetables, and frozen food. The size and share of every segment have been mentioned in the research report to offer a strong understanding of the overall market. In addition, the use of several analytical tools in the report is expected to provide a thorough overview of the latest trends and limitations in the global market.

The rising consumer demand for perishable foods and the increasing government support for the infrastructural development of cold chains are some of the key factors expected to fuel the growth of the overall market in the next few years. However, rising maintenance, energy, and infrastructure costs are projected to curtail the growth of the market in the near future.

Among the key geographical segments, North America is leading the global market for cold chain for the food industry at present. This region is expected to remain in the lead position throughout the forecast period, owing to the rising demand for chilled and frozen foods. In addition, the increasing number of trades in the food industry is estimated to augment the cold chain market in North America. On the other hand, the lack of required cold chain infrastructure and the dearth of funds are some of the primary factors expected to restrict the growth of the market in several developing nations in the coming years.

Some of the leading players operating in the global cold chain market for the food industry are FedEx Corporation, Kuehne and Nagel International AG, World Courier, DHL International GmbH, and Continental Air Cargo. To provide a thorough analysis of the global market, the research study has included the strategic developments and key policies adopted by the leading players. In addition, the financial overview, SWOT analysis, product portfolio, and recent developments have been discussed at length in the research report. 

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