“Cold Chain Equipment Market (Storage and Transportation) for Meat, Fish, Seafood, Dairy & Frozen Desserts, Vegetables, and Fruits, Bakery & Confectionary, and Other End-Uses: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Sector, Trends, and Forecast 2022 – 2028,” by Zion Market Research, is now available for purchase. As of 2021, the worldwide Cold Chain Equipment Market was valued roughly 108.60 (USD Billion) and is expected to reach 205.80 (USD Billion) by 2028, with a CAGR of almost 9.8 percent.
Temperature-controlled storage and distribution facilities, such as vaccines, pharmaceuticals, and chemicals, are all part of the cold chain, which is an unbroken supply chain. The cold chain equipment is a critical part of the supply chain in the cold chain operation. In order to assure the safety, efficiency, or quality of the items delivered or transported, cold chain equipment and vaccine carriers are necessary.
Major Factor Driving
Increased food waste throughout the world is a major factor driving the global cold chain industry. First and foremost, the fast expansion of the frozen food category is likely to boost the market for cold chain equipment, as well. Cold chain equipment market expansion is projected to be limited by high installation costs and rigorous government laws and regulations.
In 2021, the worldwide market for cold chain equipment was led by the storage equipment sector, accounting for more than 50.0 percent of the total market. In 2021, the transport equipment category surpassed storage equipment in the market. Because of rising global food consumption and a corresponding rise in the need for frozen food, the market for storage equipment is likely to continue to increase in the future years.
Cold chain equipment was dominates by meat, fish, and seafood in the end-uses category. In 2021, it accounted for more than a third of all income earned. Furthermore, the strong worldwide demand for meat, fish, and seafood is projecting to keep this category in demand for a long time. In addition, the dairy and frozen dessert industry is predicted to increase significantly in the near future, as is the food service industry.
The cold chain equipment market
In Asia Pacific is predicts to develop at a rapid rate over the next several years. Increase the use of cold chain management in India and China is predicts to boost this market’s growth.
Key players involved globally in cold chain market include:
AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, and Swire Cold Storage, A.B. Oxford Cold Storage, Bring Frigoscandia AS, Burris Logistics, Claus Sorensen, Cloverleaf Cold Storage, ColdEX and Columbia Colstor amongst others.
This report segments the global cold chain equipment market as follows:
Cold Chain Equipment Market: Product Segment Analysis
Cold Chain Equipment Market: End-User Segment Analysis
Meat, Fish & Seafood
Dairy & Frozen Desserts
Vegetables & Fruits
Bakery & Confectionary
Cold Chain Equipment Market: Regional Segment Analysis
Rest of World
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports.
We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations
but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries.
Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database.
Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.