“Technological advancement and development of cold chain solutions are some of the factors driving the growth in Food Cold Chain Market”, says Visiongain report
04 September 2019
Visiongain’ has launched a new Food & Beverage Report Food Cold Chain Market Report 2019-2029: Forecasts by Technology (Blast Freezing, Vapour Compression, Programmable Logic Controller, Evaporating Cooling, Others), by Type (Refrigerated Storage, Refrigerated Transport), by Application Sector (Fruits & vegetables, Dairy & Frozen Desserts, Fish, meat & seafood, Processed food, and Pharmaceutical) and Geography (North America, Latin America, Asia Oceania, Europe, and Rest of World)
Food Cold Chain is defined as the series of actions and equipment used to maintain the temperature of food products within a specified lower temperature range from production to consumption. This include refrigerated storage, distribution and logistic activities. Some of the major factors driving the growth in the global food cold chain market are trade liberalization, government efforts to reduce food waste and continuous expansion of large retail chains by global multinational companies in the market. In developing economies, the market is primarily driven by shifting consumer preference towards protein-rich food from carbohydrate rich foods due to rising health concerns.
Global food cold chain service providers are primarily focusing towards the adoption of cutting-edge technologies for catering to the growing demand for food safety in convenience and processed foods. For this reason, food cold chain is expected to create significant revenue opportunity over the forecast period resulting in numerous multinational vendors’ penetration into this market for providing better cold chain solutions. Hence, the adoption of cutting-edge technologies is also bolster the over growth of global cold chain market for the food industry. However, the dearth of funds and the underdeveloped cold chain infrastructure in numerous emerging economies have come up as key bottlenecks in the food cold chain market for food industry.
The report assesses the annual revenue generated from the sales of food cold chain by Technology (Blast Freezing, Vapour Compression, Programmable Logic Controller, Evaporating Cooling, Others), by Type (Refrigerated Storage, Refrigerated Transport), by Application Sector (Fruits & vegetables, Dairy & Frozen Desserts, Fish, meat & seafood, Processed food, and Pharmaceutical).
Leading companies featured in the report who are developing Food Cold Chain are Americold Logistics, Preferred Freezer Services, Lineage Logistics Holdings, Nichirei Corporation, Burris Logistics, Swire Cold Storage, Agro Merchants Group, Kloosterboer Group B.V., Interstate Cold, and Versa cold Logistics.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.
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