Cold Chain Market for Food Industry Will See Strong Expansion Through 2023

Posted August 5, 2016 by amyjames

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Cold Chain Market for Food Industry".

Cold chain in food industry is a supply chain system which relies on controlled temperature transactions of food products. It facilitates an uninterrupted series of storage and distribution of food products at a given temperature. It helps to extend the shelf life and preserves the quality and texture of food products during the inter or intra transportation. Fresh agricultural products, seafood, frozen food, dairy products are some of the commodities being transported. Such products are called as cool cargo during transport.

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Cold chain market for food industry can be segmented on the basis of applications such as – Fruits and vegetables, seafood, frozen food and dairy. Moreover it can further be segmented into type of storage used such as – stored and transport. Geographically the market can be segmented as North America, APAC, Europe and RoW regions.

Several initiatives have been taken by the governments which have impacted the cold chain market to a great extent. Requirement of cold storage and transport facilities and increased activities of import and export has impelled leading players to make capital investment. Strategic acquisitions with small local players are made on continuous basis to enter the untapped emerging market. North America is the largest market for cold chain logistics. Moreover growing demand for frozen and chilled foods coupled with increasing trades is the growth driver for Cold chain market. Lack of funds and undeveloped cold chain infrastructure in many developing countries are major restrains for the cold chain logistics market for food industry.

Some of the major players include- FedEx Corporation, DHL International GmbH, Continental Air Cargo, Kuehne and Nagel International AG and World Courier.

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Issued By Transparency Market Research
Website Cold Chain Market for Food Industry - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016 - 2023
Phone +1-518-618-1030
Country United States
Categories Business , Food
Tags cold chain market for food industry
Last Updated August 5, 2016