Published by news degree
Posted on August 6, 2021
According to the current analysis of Reports and Data, the global refrigerated transport market was estimated at USD 14.8 Billion in 2019 and is projected to grow at a CAGR of 5.9% from 2019 to reach 23.1 Billion by the year 2027. Refrigerated transport is associated with temperature-controlled and conditioned freight shipment of perishable food items that include fruits & vegetables, dairy products, confectionery, seafood, fish, and meat. The temperature-controlled system is designed intellectually to keep the food stored within it for longer. An increasing number of small and large food chains across the globe, coupled with the growing Hotel and Restaurant sector, especially across developing economies, are projected to foster the demand for frozen food (raw materials) which is further expected to drive the growth of global refrigerated transport market during the foreseeable years.
The primary reasons, such as the increasing demand for frozen perishable commodities is one of the factors driving the refrigerated transport market. An increase in the use of advanced cold rooms is expected to augment refrigerated transport market growth over the forecast period. Much of the technological progress in the field of nutraceutical producers will require patience, deep pockets, and a willingness to place risky bets. Refrigerated transport manufacturing companies will need to achieve genuine breakthroughs to tackle a wide range of conditions. Refrigerated transport is likely to benefit from the trend of personalized medicine; therefore, using and creating technology which aids this movement will be a crucial factor.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2925
The refrigerated transport market is gaining momentum, owing to the escalation in globalization that has led to the growth of trade and a surge in demand for frozen and packaged food across the globe. According to research findings, almost one-fourth of the total global production of goods & services are exported. Emerging cold chain industries across the world, coupled with the introduction of the latest freezing technology and automated frozen systems installed in carrier vehicles, are anticipated to contribute prominently to the extension of the refrigerated transport market. Other significant reasons that are expected to aid the growth of the refrigerated transport market are rise in worldwide demand of frozen food in households, escalating demand of meat products (freezing is an active process to keep meat products free of microbial contamination) and developing foodservice industry. Raised governmental concern regarding the safety of food and regulations on manufacturing, processing, and transportation of frozen food is further assumed to increase the growth of the refrigerated transport market. However, the high capital expenditure required in refrigerated transport can restrict the growth of the market.
some of the major players in refrigerated transport market
Nestlé, Tyson Foods, Inc., The Kraft Heinz Company, General Mills Inc., Smithfield Foods, Kellog Co., Conagra Brands, Inc., Kerry Group, Del Monte Pacific Ltd, Aryzta Ag.
Segments covered in the report:
For the purpose of this study, Reports and Data have segmented the refrigerated transport market on the basis of mode of transport, temperature, technology, application and region:
Mode of Transport (Revenue, USD Million; 2020-2027)
Temperature (Revenue, USD Million; 2020-2027)
Technology (Revenue, USD Million; 2020-2027)
Application (Revenue, USD Million; 2020-2027)
Regional Outlook (Volume, Kilo Tons; 2020-2027 and Revenue, USD Million; 2020-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2925
Further key findings from the report suggest
Uses of this Report:
To know more about the report @ https://www.reportsanddata.com/report-detail/refrigerated-transport-market
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Explore Reports and Data’s Prime Analysis of the global Automotive and Transportation Industry:
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: https://www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-refrigerated-transport-market
The post Refrigerated Transport Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2020–2027 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 refrigerated transport market was estimated at USD 14.8 Billion in 2019 and is projected to grow at a CAGR of 5.9% from 2019 to reach 23.1 Billion by the year 2027. Refrigerated transport is associated with temperature-controlled and conditioned freight shipment of perishable food items that include fruits & vegetables, dairy products, confectionery, seafood, fish, and meat. The temperature-controlled system is designed intellectually to keep the food stored within it for longer. An increasing number of small and large food chains across the globe, coupled with the growing Hotel and Restaurant sector, especially across developing economies, are projected to foster the demand for frozen food (raw materials) which is further expected to drive the growth of global refrigerated transport market during the foreseeable years.
The primary reasons, such as the increasing demand for frozen perishable commodities is one of the factors driving the refrigerated transport market. An increase in the use of advanced cold rooms is expected to augment refrigerated transport market growth over the forecast period. Much of the technological progress in the field of nutraceutical producers will require patience, deep pockets, and a willingness to place risky bets. Refrigerated transport manufacturing companies will need to achieve genuine breakthroughs to tackle a wide range of conditions. Refrigerated transport is likely to benefit from the trend of personalized medicine; therefore, using and creating technology which aids this movement will be a crucial factor.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2925
The refrigerated transport market is gaining momentum, owing to the escalation in globalization that has led to the growth of trade and a surge in demand for frozen and packaged food across the globe. According to research findings, almost one-fourth of the total global production of goods & services are exported. Emerging cold chain industries across the world, coupled with the introduction of the latest freezing technology and automated frozen systems installed in carrier vehicles, are anticipated to contribute prominently to the extension of the refrigerated transport market. Other significant reasons that are expected to aid the growth of the refrigerated transport market are rise in worldwide demand of frozen food in households, escalating demand of meat products (freezing is an active process to keep meat products free of microbial contamination) and developing foodservice industry. Raised governmental concern regarding the safety of food and regulations on manufacturing, processing, and transportation of frozen food is further assumed to increase the growth of the refrigerated transport market. However, the high capital expenditure required in refrigerated transport can restrict the growth of the market.
some of the major players in refrigerated transport market
Nestlé, Tyson Foods, Inc., The Kraft Heinz Company, General Mills Inc., Smithfield Foods, Kellog Co., Conagra Brands, Inc., Kerry Group, Del Monte Pacific Ltd, Aryzta Ag.
Segments covered in the report:
For the purpose of this study, Reports and Data have segmented the refrigerated transport market on the basis of mode of transport, temperature, technology, application and region:
Mode of Transport (Revenue, USD Million; 2020-2027)
Temperature (Revenue, USD Million; 2020-2027)
Technology (Revenue, USD Million; 2020-2027)
Application (Revenue, USD Million; 2020-2027)
Regional Outlook (Volume, Kilo Tons; 2020-2027 and Revenue, USD Million; 2020-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2925
Further key findings from the report suggest
Uses of this Report:
To know more about the report @ https://www.reportsanddata.com/report-detail/refrigerated-transport-market
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Explore Reports and Data’s Prime Analysis of the global Automotive and Transportation Industry:
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: https://www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-refrigerated-transport-market
The post Refrigerated Transport Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2020–2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
Explore more articles in the Research Reports category
