Published by news degree
Posted on August 4, 2021
12 min readLast updated: January 21, 2026
According to the current analysis of Reports and Data, the global cold chain market was valued at USD 197.2 Billion in 2018 and is expected to reach the value of USD 358.2 Billion by the end of the year 2026, at a CAGR of 7.7%. The cold chain market is considered to be the backbone of the agricultural industry. The cold chain consists of pre-cooling, refrigerated storage, and refrigerated transport of perishable food products. Despite the increasing importance of cold chain processes in food and pharmaceutical industry, the prevalence of cold chain management is still very weak in most of developing countries. Due to expansion in the food industry coupled with initiatives taken by the government to reduce food wastage, cold chain infrastructure has increased extensively in past years. Developing an undisturbed chain of storage and distribution of perishable products is highly crucial in order to help the farmers gain higher value for their produces and ensure safe and quality product delivery to the end-users. The key market players in the market are developing various strategies in order to sustain in the competitive market and increase their market shares like expansion, the launch of new products, partnerships, mergers and acquisitions. For example, in May 2019, Americold, a key player in the cold chain market, acquired Lanier Cold Storage, in order to further expand and strengthen its business in poultry segment. The company is expected to experience extensive growth in the urban areas of developing and developed countries.
Considering factors such as increased customer demand for quality products, increasing in trading of perishable products, rise in disposable income, increase in the middle-class population, rise in demand for frozen products and increase in health concerns and demand for healthy and safe food products are expected to drive the market growth for cold chain processes. Further, development in the distribution channel is expected to increase the market in the coming years.
On the basis of regional perspective, Europe is expected to lead the market in the forecasted period. It reported the value of USD 56,348.2 million in 2018, and is expected to grow at a CAGR of 7.5% to reach the value of USD 100,912 million by the end of the year 2026. Growing demand for consumption of high-quality perishable commodities, and initiative taken by government for the safety of pharmaceutical product in transportation are the driving factors for its growth.
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Key participants include Americold Logistics LLC, Burris Logistics, Lineage Logistics Holding, LLC, Preferred Freezer Services, Inc., Nichirei Logistics Group Inc, Nordic Logistics and Warehousing LLC, Swift Transportation, Trenton Cold Storage, Interstate Cold Storage Inc, Henningsen Cold Storage Co., and VersaCold Logistics Services.
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Cold chain market on the basis of type, temperature type, application type, technology, and region:
Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Temperature Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Application Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Regional Outlook (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
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Further key findings from the report suggest
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2136
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Explore Reports and Data’s Prime Analysis of the global Foods & Beverage
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-cold-chain-market
The post Cold Chain Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2020–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
According to the current analysis of Reports and Data, the global cold chain market was valued at USD 197.2 Billion in 2018 and is expected to reach the value of USD 358.2 Billion by the end of the year 2026, at a CAGR of 7.7%. The cold chain market is considered to be the backbone of the agricultural industry. The cold chain consists of pre-cooling, refrigerated storage, and refrigerated transport of perishable food products. Despite the increasing importance of cold chain processes in food and pharmaceutical industry, the prevalence of cold chain management is still very weak in most of developing countries. Due to expansion in the food industry coupled with initiatives taken by the government to reduce food wastage, cold chain infrastructure has increased extensively in past years. Developing an undisturbed chain of storage and distribution of perishable products is highly crucial in order to help the farmers gain higher value for their produces and ensure safe and quality product delivery to the end-users. The key market players in the market are developing various strategies in order to sustain in the competitive market and increase their market shares like expansion, the launch of new products, partnerships, mergers and acquisitions. For example, in May 2019, Americold, a key player in the cold chain market, acquired Lanier Cold Storage, in order to further expand and strengthen its business in poultry segment. The company is expected to experience extensive growth in the urban areas of developing and developed countries.
Considering factors such as increased customer demand for quality products, increasing in trading of perishable products, rise in disposable income, increase in the middle-class population, rise in demand for frozen products and increase in health concerns and demand for healthy and safe food products are expected to drive the market growth for cold chain processes. Further, development in the distribution channel is expected to increase the market in the coming years.
On the basis of regional perspective, Europe is expected to lead the market in the forecasted period. It reported the value of USD 56,348.2 million in 2018, and is expected to grow at a CAGR of 7.5% to reach the value of USD 100,912 million by the end of the year 2026. Growing demand for consumption of high-quality perishable commodities, and initiative taken by government for the safety of pharmaceutical product in transportation are the driving factors for its growth.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2136
Key participants include Americold Logistics LLC, Burris Logistics, Lineage Logistics Holding, LLC, Preferred Freezer Services, Inc., Nichirei Logistics Group Inc, Nordic Logistics and Warehousing LLC, Swift Transportation, Trenton Cold Storage, Interstate Cold Storage Inc, Henningsen Cold Storage Co., and VersaCold Logistics Services.
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Cold chain market on the basis of type, temperature type, application type, technology, and region:
Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Temperature Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Application Type (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Regional Outlook (Volume in Thousands Unit; Revenue in USD Million; 2016–2026)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2136
Further key findings from the report suggest
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2136
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Explore Reports and Data’s Prime Analysis of the global Foods & Beverage
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-cold-chain-market
The post Cold Chain Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2020–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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