The cold chain market is projected to grow at a considerable CAGR of more than 10% during the forecast period (2020-2026). Technological advancements in the packaging, processing, and storage of perishable food products is a key factor anticipated to drive the growth of the global cold chain market. Radiofrequency identification, IoT, and mobile racking are the key technologies that are highly being adopted in the cold chain industry. The increase in the global trade of the perishable food products and medicines along with the cohesive government policies for the development of infrastructure for cold chain facilities are the major aspects that are promoting the growth of the cold chain market across the globe.
Get Free Sample link @ https://www.omrglobal.com/request-sample/cold-chain-market
The presence of food safety regulations, such as the Food Safety & Standards Act 2006 that requires the organizations to regulate their manufacturing, storage distribution, sale and import, to ensure availability of safe and wholesome food for human consumption. Food Safety Modernization Act (FSMA) is another act that requires increased attention of the manufacturers toward the construction of cold storage warehouse. The presence of such acts across the globe is creating the demand for the cold chain market across the globe. The increasing adoption of cutting-edge technologies to meet the increasing demand for food safety, in the processed foods sector is anticipated to offer considerable opportunities for the growth of the cold chain market. Lack of uniform infrastructure, packaging failure, hardware failure, and lack of equipment are some factors that may restrain the growth of the cold chain market.
full report of Cold Chain Market available @ https://www.omrglobal.com/industry-reports/cold-chain-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Cold Chain Market Segmentation
By Application
- Fruits & Vegetable
- Bakery & Confectionary
- Dairy & Frozen desserts
- Meat, Fish, and Seafood
- Drugs & Pharmaceuticals
- Others
Global Cold Chain Market – Segment by Region
North America
- The US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cold chain market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cold-chain-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
