The “Cold Storage Market” report gives a massive source to analyze the industry and other fundamental technicalities identifying with it. The examination discloses the total assessment and veritable parts of the Cold Storage market. This study exhibits a straightforward outline of the industry, that integrates applications, blueprints, industry chain structure, and definitions. This report prepares a case for investments in different regions based on a practical view of their regulatory outline, manufacturing dynamics, and availability of skills and resources in that region.
Global Cold Storage Market is predicted to reach USD
212.54 billion by 2025 owing to the increasing retail sector in the emerging
countries across globe. Cold storage is a room with low temperature maintained
by using machinery and appropriate equipment. India, a developing economy is
observed as a special geography with a wide range of quality soil that can
produce various types of vegetables & fruits along with marine products in
huge quantities in coastal areas.
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The cold storages play a very important role in extending
the shelf life, marketing period, avoiding excess supply and reducing transport
bottlenecks in the high time of production and maintaining production quality.
In short, cold storages are essential for minimizing the wastage of perishable
items and hence offering remunerative prices to the farmers and producers. The
ever-growing population and the demand for food products are expected to boost
cold storage market with a CAGR of 12.4% in coming years.
The retail sector in the emerging economies are
progressively getting organized. The licensed retailers of the organized retail
industry sells products of different varieties. As compared to the traditional
provisions, the organized retail provisions use improved storage technology and
better refrigeration techniques. These factors are predicted to augment the
cold storage market in near future.
However, the lack of infrastructure required for market
development is the major challenge for the cold storage market players to
expand in the emerging markets. Moreover, shortage of power hook-ups for reefer
trailers at transportation centers and ports with inconsistent power supply for
cold storages are expected to increase the operation costs.
Geographically, the cold storage industry is segmented as
North America, South America, Europe, Asia Pacific and Middle East &
Africa. Asia pacific is expected to dominate the cold storage market in near
future owing to the growth in the refrigerated storage capacity. Especially,
Indian market is predicted to hold less than half of the entire cold chain
capacity to meet its current requirements.
The key cold storage market player profiled here are
Americold Logistics LLC, Al Rai Logistica K.S.C, Agro Merchants Group, Burris
Logistics, Barloworld Limited, Cloverleaf Cold Storage, Gulf Drug LLC,
Henningsen Cold Storage Company, Kloosterboer, Lineage Logistics, Nordic
Logistics, Oxford Logistics Group, Oceana Group Limited, Preferred Freezer, RSA
Logistics, Swire Group, VersaCold Logistics Services, United States Cold
Storage Inc., Wared Logistics and Wabash National Corporation.
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