Product ID: SQMIG25C2104
Global Cold Chain Market Size, Share, Growth Analysis, By Temperature Type(Frozen, Chilled), By Type(Refrigerated Warehousing, Refrigerated Transport), By Application(Dairy & Frozen Desserts, Fish) - Industry Forecast 2024-2031
Report ID:
SQMIG25C2104 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
Global Cold Chain Market Dynamics
Cold Chain Market Driver
- Consumers are becoming more conscious of the importance of health and wellbeing, as well as the impact that food components, particularly protein, have on total physical and mental growth and development. This has led to a shift in perishable food consumption patterns, such as dairy products, fruits and vegetables, and high-protein animal-based goods (such as meat, eggs, and fish and seafood).
- Increasing urbanization has led to an increase in the demand for convenient food products. Furthermore, customers' increasing preference for convenience and longer shelf life is contributing to the acceptance of nutritious frozen meals, which is fueling the expansion of dairy and frozen sweets. Because food quality is so important, the dairy and frozen dessert industries are investing extensively in technologies that can help support and differentiate products.
Cold Chain Market Restraint
- A key concern for manufacturers, retailers, and consumers in the food industry is to preserve food quality and safety by preventing early expiry, decay, and spoilage. To accomplish this, service providers must invest in advanced cold storage facilities, advanced vehicles, and system technology. High energy costs, on the other hand, are a growing source of worry for cold chain providers (energy costs are exceptionally high in North America and Europe). Refrigerated storage facilities use typical fluorescent light lights that are turned on all year because it is mandated by regulations. Several governments have attempted to increase infrastructure investment in the cold chain, pre-cooling facilities, refrigerated storage and transportation, packaging, and information management systems.
- Fuel costs and effective fuel consumption management are two other key challenges for cold chain providers, as the need for refrigerated trucks in cold chains has expanded in recent years, particularly in North America and Europe. Emerging economies, on the other hand, face unique challenges when it comes to operating cold chains. Cold chain enterprises have substantially higher annual operating expenses per cubic foot.
Global Cold Chain Market Report Snapshots
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