Cold storage construction market is anticipated to grow at a CAGR of 10.6% during the forecast period. The rise in trade of perishable products across the globe acts as one of the major factors driving the growth of the cold storage construction market. When utilized to store perishable foods, cold storage has various benefits, such as reducing the rate at which perishable foods deteriorate, regulating temperature, lowering the risk of food poisoning, reducing the hassle of cooking regularly, and enabling longer-term storage of food. Hence, the rise in the number of warehouses globally, coupled with the rapid growth of the transportation and logistics industry, boost the market growth. For instance, in December 2021, the National Highways Authority of India (NHAI) under the public-private partnership (PPP) model, constructed warehousing zones on a revenue-sharing basis or for a fixed fee. The fast-moving consumer goods (FMCG) companies along with steel and cement makers will benefit from the warehousing zones as they will be able to stock inventory efficiently near major hubs. The storage facilities are built on the outskirts of major cities to avoid traffic congestion within city limits.
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The global cold storage construction market is segmented based on its type, and application. Based on type, the market is segmented into production stores, bulk stores, ports, and others. Based on application the market is categorized into food and beverages, medical, chemicals, and others.
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- 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 Storage Construction Market Report Segment
By Type
- Production Stores
- Bulk Stores
- Ports
By Application
- Food and Beverages
- Medical
- Chemicals
- Others (Industrial)
Global Cold Storage Construction Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cold storage construction market. Based on the availability of data, information related to new product launches, 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.
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