Cold Chain Market

Cold Chain Market by Type (Refrigerated Warehouse and Transportation), Temperature Type (Chilled and Frozen), Application ( Dairy & Frozen Desserts, Fish, Meat & Seafood, Fruits & Vegetables, Bakery & Confectionery ) and Region - Global Forecast to 2028

Report Code: FB 2871 Mar, 2023, by marketsandmarkets.com

With a projected market value of $278.2 billion in 2023 and $428.4 billion by 2028, the global cold chain market is expected to expand at a 9.0% CAGR.

This growth is primarily driven by the increasing demand for temperature-controlled storage and transportation across various industries, including food, pharmaceuticals, and chemicals.The globalization of trade has led to an increase in the transportation of goods across borders. This has driven the need for cold chain logistics to ensure that temperature-sensitive products are maintained at the required temperature during transportation and storage, irrespective of the distance and time taken. The pandemic has further highlighted the importance of the cold chain market, particularly in the distribution of vaccines and other medical supplies. As a result, the market is expected to continue to grow in the coming years, with significant investments in technology and infrastructure to improve cold chain logistics and ensure the safe and efficient distribution of temperature-sensitive products.

The cold chain market is also benefiting from advancements in technology, such as the Internet of Things (IoT), which allows for real-time monitoring of temperature and humidity levels during transportation and storage. This technology helps to ensure the safety and quality of products, reducing the risk of spoilage and waste.

Cold Chain Market Trends

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Cold Chain Market Dynamics

Driver: Increasing need for temperature control to prevent food loss and potential health hazards

Food security, food safety, economic and environmental sustainability, and minimal food waste are major focus areas in the food industry. Food loss and waste are caused due to various reasons. For instance, perishable products are often exposed to fluctuating temperatures during transit and handling, which results in food spoilage and wastage. To overcome this, the demand for refrigerated storage and transportation services has increased across the globe. According to UNEP 2021, an estimated 17% of total food produced for human consumption is wasted, costing the world economy USD 936 billion each year. Food loss is caused by the absence of cold chains during food processing, packaging, distribution, and consumption. According to the International Institute of Refrigeration 2021, a lack of proper refrigeration directly led in a loss of 526 million tons of food production, or 12% of total global production.

This is enough to feed an estimated 1 billion people in a world where 811 million people are hungry and 3 billion cannot afford a nutritious diet. According to the Food and Agriculture Organization (FAO) 2021, India is one of the world’s largest food producers and has a lot of food produced in the country to meet its food requirements, but because of the fragmented and unorganized supply chain, storage, and logistics, gives an inadequate food distribution system. Each year, over USD 14 billion in crops are wasted owing to inefficient cold chain and disorganized logistics. According to a 2021 study on All India Cold Chain Infrastructure Capacity (Assessment of Status & Gap) conducted by NABARD Consultancy Services Pvt. Ltd. (NABCONS) for the National Centre for Cold Chain Development (NCCD) under the Department of Agriculture, Cooperation, and Farmers Welfare in the Ministry of Agriculture & Farmers Welfare, the country’s requirement for cold storage is 35 million MT, while the capacity for such storage is around 32 million MT. According to Colliers’ newest report, opportunities in Indian cold chain assets, India’s cold storage capacity is expected to reach 40.7 million metric tons by 2023, up 8.2% from 2020.

According to the International Institute of Refrigeration 2020, food loss is especially prevalent in developing countries. While poor countries have over 80% of the world’s harvested cropland, they only refrigerate about 20% of the perishable food they produce (compared to 60% in developed countries). In India, post-harvest losses for some crops exceed 40%, and only about 4% of the country’s food moves through the cold chain, compared to 70% in the UK. Farmers suffer significant financial losses as a result of post-harvest losses. According to the Cool Coalition UNEP 2022 report, farmers in India lose roughly USD 12,520 million per year due to inadequate storage facilities and a lack of energy infrastructure. This is concerning because about 82% of farmers in the country are small and marginal, with less than two hectares of land. Currently, between 25% and 35% of grown food is wasted due to a lack of proper refrigeration and other supply chain bottlenecks, and only 6% of food produced in India moves through the cold chain. According to the National Centre for Cold Chain Development (NCCD), an autonomous organization established by the Indian government to establish cold chains for perishable agriculture and horticulture produce, the country had a shortfall of 12.6 million tons of cold storage capacity at the start of 2020.

The Government of India’s Ministry of Agriculture & Farmers Welfare issued a statement in September 2020 regarding the country’s cold storage capacity and infrastructure. According to the press release, the country has 8,186 cold storages with a capacity of 374.25 lakh MT for preserving perishable horticulture produce such as fruits & vegetables. Private players own the great majority of these cold storage facilities. To meet future needs, the government implemented schemes such as MIDH (Mission for Integrated Development of Horticulture) and PMKSY (Pradhan Mantri Kisan SAMPADA Yojana), which provide financial assistance for the establishment of cold storages across the country, bridging the gap between available resources and required cold storage capacity.

Apart from food wastage, food manufacturers and cold chain service providers need to comply with international standards and specific requirements for keeping potentially hazardous food at specified temperatures. Potentially hazardous food products might contain harmful bacteria and are capable of supporting the growth of these bacteria or the formation of toxins to levels (if not stored at the required temperatures) that are unsafe for consumption. As a result, cold chain services play an integral role in ensuring food safety and minimizing food loss and potential health hazards.

Restraint: Environmental concerns regarding greenhouse gas emissions

Cold chain development places a significant burden on the environment since refrigeration is energy-intensive and has greenhouse gas emissions. The food cold chain has environmental and global climate change implications. According to the International Institute of Refrigeration 2021, overall, the food cold chain accounts for approximately 4% of total world greenhouse gas emissions, including emissions from cold chain technology as well as food loss and waste due to a lack of refrigeration.

Food cold chain equipment emits emissions from both indirect and direct sources. The electricity used to power refrigeration equipment, as well as the fuel used to power-refrigerated vehicles and generators, cause indirect emissions. The leakage of refrigerant gases into the atmosphere causes direct emissions. Mechanical refrigeration equipment uses electricity to operate. According to the Environmental Investigation Agency (EIA) 2021, refrigeration in supermarkets accounts for up to 4% of the total electricity use in developed countries. Producing this electricity emits CO2-equivalent emissions and contributes to global warming, particularly if it is generated using carbon-intensive fossil fuels. Emissions are also produced by fossil fuel (mostly diesel) generators that are commonly employed for off-grid applications. During transportation, both vehicle engines and transport refrigeration units contribute to fuel consumption emissions.

Meanwhile, the leakage of many common refrigerant gases into the environment directly contributes to global warming. This happens throughout the operation and servicing of cooling equipment, as well as after disposal at the end of its life. As some refrigerants used today have a large global warming potential and are hundreds to thousands of times more potent than CO2, refrigerant leakage has a considerable impact on total refrigeration emissions. According to the UNEP Ozone Secretariat 2021, in all, approximately 80% of greenhouse gas emissions from refrigeration, air-conditioning, and heat pump systems are linked with indirect emissions from energy use, whereas 20% are associated with direct emissions from refrigerant use.

Some refrigerant leakage causes ozone depletion in addition to contributing to global warming. Ozone-depleting compounds such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) were generally phased out globally under the 1987 Montreal Protocol. Meanwhile, hydrofluorocarbons (HFCs), which were created as HCFC substitutes, have no ozone-depleting potential, although some HFCs have extremely high GWPs. According to UNEP 2022, today’s cooling market relies on around 16 pure HFCs and 30 mixes with GWPs ranging from less than 100 to close to 15,000. The R-404A, a common blend14 used in medium- and low-temperature refrigeration applications, particularly in the food retail and transportation industries, has a high GWP of 3,920. According to the North American Sustainable Refrigeration Council 2021, because of the rising global demand for cooling and refrigeration in the residential, commercial, industrial, and transportation sectors, HFCs are among the fastest-growing sources of greenhouse gas emissions. Cooling and refrigeration account for approximately 35% of overall HFC consumption in the cooling sector.

According to the International Institute of Refrigeration 2021, 261 million tons of CO2-equivalent emissions were emitted by food cold chain equipment. When this is combined with the emissions from food loss and waste due to a lack of refrigeration (an estimated 1,004 million tons of CO2-equivalent), the total greenhouse gas emissions associated with the global food cold chain are an estimated 1,265 million tons of CO2-equivalent, or about 4% of total global greenhouse gas emissions.

Emissions from food cold chain equipment are expected to climb significantly in the coming decades as additional cold chain capacity comes online in emerging countries, particularly if this infrastructure is delivered in traditional patterns. In India, for example, food cold chain emissions are expected to double by 2027 if no measures are implemented, according to UNEP 2021. Continued growth of cold chains using conventional fossil fuel-based technology can result in much increased cooling emissions, detracting the benefits gained by reducing food loss emissions.

Opportunity: Government support for cold chain infrastructure development

Governments in many nations are taking steps to reduce food and agricultural waste by developing food waste regulations and promoting food-related sectors such as the cold chain industry. In many countries, however, there is still a gap between food production and cold storage capacity. For example, India is the world's largest producer of milk and the second-largest producer of fruits and vegetables. But still, a lack of reliable, integrated cold chain facilities leads in significant food waste across the country.

The schemes for the preservation and growth of the cold chain Industry have been given below:

The Indian government has now allowed 100% FDI in the cold chain sector to witness the much-needed boom of this business on a global scale and to enable the construction of cold chain infrastructure completely and without hindrances. Under the current FDI policy, a minimum investment of USD 100 is required, with at least 50% of that investment in back-end infrastructure. Furthermore, according to the Department of Industrial Policy and Promotion, the exact figure for FDI in only cold chain is still unavailable. However, given that overall FDI in food processing industries, including the cold chain industry, was USD 904.7 million in 2019-20, a similar deduction can be made. According to the Minister of State for Food Processing Industries, food processing industries (FPI) got USD 393.4 million in FDI during 2020-21, compared to USD 904.7 million the previous year.

FDI in the FPI industry reached USD 628.24 million in 2018-19. Since 2016-17, the ministry has been implementing the Central Industry Umbrella Scheme - Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) - for general growth and development of the food processing sector, including agro product processing, and therefore enhancing farmer income. PMKSY’s component schemes are as follows: Mega Food Park, Integrated Cold Chain and Value Addition Infrastructure, Food Processing & Preservation Capacity Creation/Expansion, and Infrastructure for Agro-Processing Clusters. Under these schemes, the ministry primarily provides credit-linked financial assistance (capital subsidy) to entrepreneurs in the form of grants-in-aid for the establishment of food processing/preservation industries. So far, the Ministry has approved 41 mega food parks, 353 cold chain projects, 63 agro processing clusters, 292 food processing units, 63 backward and forward linkages projects, and 6 operation green projects across the country.

MoFPI’s Scheme of Cold Chain

Financial help in the form of grant-in-aid is provided to industry participants under this scheme. The assistance is provided up to INR 10 crore for each project involving technical civil works and all eligible plant and machinery, subject to the following conditions:

  • The grant-in-aid for storage infrastructure, which comprises the pack house and pre-cooling units, ripening chambers, and transport infrastructure, will be 35% for General Areas and 50% for Northeastern States, Himalayan States, Integrated Tribal Development Project (ITDP) Areas, and islands. This must be included in the entire cost of the plant and machinery, as well as all technical civil work.
  • In the event of any value addition and processing for such infrastructure, including frozen storage and deep freezers associated with such projects and integral to the processing, the grant-in-aid shall be provided at a rate of 50% for all General Areas and 75% for Northeast States, Himalayan States, ITDP Areas, and islands.
  • If irrigation facilities are required, the grant-in-aid will be 50% for general areas and 75% for Northeast States, Himalayan States, ITDP Areas, and islands.

Challenge: Maintaining product integrity during transportation of perishable commodities

Constant temperature monitoring while storage and transportation is essential for preventing product degradation and spoilage. This ensures that products that appear to be safe are actually safe. Cold-chain companies use IoT temperature sensors to keep an eye on the temperature when loading and transporting products.

The following are the best practices for maintaining a cold chain from beginning to end:

  • Checking the packing during arrival, transportation, and delivery.
  • Proper pre-cool inventory.
  • Maintain cold storage temperature.
  • Ship the products at the appropriate temperature (Maintain the temperature at the time of loading).
  • Monitor the temperature during transport.
  • Ensure that the goods are kept at the optimal temperature by the recipients.

To ensure that the food is kept in the best possible condition and of high quality, supply chain companies must stay alert and resolve any issues as quickly as feasible. Cold chain logistics links manufacturing facilities to the market. The success of cold chain transportation is determined by how well it serves as a channel from the origin to the destination for products that are sensitive to air compression, temperature, microbial load, etc. with full integrity.

During transport, a malfunction (or an involuntary interruption of power) of the refrigeration equipment can, in a couple of hours, compromise the cold chain depending on the ambient temperature. Since refrigeration equipment is designed to maintain a set temperature level, a load that has not previously been cooled may put undue stress on the device, causing the temperature to fall below the specified range. Due to wear and tear or defective equipment, the reefer may offer an inadequate cold storage environment, such as poor air circulation and defective insulation at seals (such as doors).

Drivers may also willingly turn off the refrigeration unit to conserve fuel, leave doors open for too long during deliveries, or be forced to do so by local legislation to cut idling time. A cold chain can be compromised in a variety of ways during the loading, unloading, or storing of a product. For example, a product could be left on the loading dock for an extended amount of time, or the refrigeration unit could be switched off during transshipment. Some warehouses may have poor temperature maintenance and control, while others may lack temperature storage facilities, resulting in all freight being stored at the same temperature. A consignment may also be stored at the wrong temperature due to a clerical error. As a result, the challenge remains the conditions in which products are exposed to intermittent and temporary lapses in the integrity of the cold chain, because these breaches in integrity are more difficult to identify. This reduces the product’s shelf life, if not spoilage and loss of market value.

The LCV, by vehicle type dominated the cold chain market and is projected to have the fastest market growth during the forecast period.

LCVs are commonly used in the cold chain logistics industry for the transportation of temperature-sensitive products. The demand for LCVs for cold chain logistics is driven by various factors, such as the size and weight of the cargo, the distance to be covered, and the type of product being transported. Overall, LCVs are an important component of the cold chain market, particularly in the last-mile delivery of temperature-sensitive products. As the demand for fresh and frozen food items, pharmaceuticals, and other temperature-sensitive products continues to grow, the demand for LCVs equipped with refrigeration units is likely to increase as well.

The frozen segment by temperature type is estimated to account for the largest market share in the global Cold chain market.

The food industry is a major driver of the frozen segment in the cold chain market. The demand for frozen foods is increasing due to their longer shelf life, convenience, and ease of preparation. Frozen foods are also less prone to spoilage during transportation and storage, which makes them ideal for long-distance transportation. The growing demand for frozen products and the need for strict temperature control during transportation and storage are driving the frozen segment of the cold chain market. With the increasing demand for frozen food, pharmaceuticals, and other products, the demand for cold chain logistics services for the frozen segment is expected to continue to grow in the coming years.

The fruits and vegetables by application is projected to attain the fastest market growth in Cold chain market over the forecast period.

With the growing demand for fresh fruits and vegetables, the need for cold chain logistics has increased to maintain the quality and freshness of these products during transportation and storage. Cold chain logistics plays a crucial role in maintaining the nutritional value and taste of fresh produce, thereby meeting the rising demand for high-quality fresh produce. Overall, the growing demand for fresh produce, globalization of trade, reduction of food waste, and demand for organic produce are driving the fruits and vegetables segment of the cold chain market.

Asia Pacific is projected to account for the largest share in the Cold chain market during the forecast period.

Cold Chain Market in APAC Region

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The e-commerce industry is growing rapidly in the Asia Pacific region, which is driving the demand for cold chain logistics for the last-mile delivery of temperature-sensitive products, such as fresh food, pharmaceuticals, and other products. Governments in the Asia Pacific region are investing in the development of cold chain infrastructure to support the growth of the food and pharmaceutical industries. For instance, the Indian government has launched the Pradhan Mantri Kisan Sampada Yojana to create modern infrastructure for the food processing industry, which includes cold chain logistics. The growing demand for food products, increasing urbanization, rising e-commerce industry, government initiatives, and focus on sustainability are driving the growth of the cold chain market in the Asia Pacific region.

Key Market Players in Cold Chain Market

The key players in this market include Americold Logistics (US), Lineage Logistics Holdings, LLC. (US), Nichirei Corporation (Japan), Burris Logistics (US), A.P. Moller Maersk (Denmark), United States Cold Storage (US), Tippmann Group (US), VersaCold Logistics Services (Canada), Coldman (India), Congebec Inc. (Canada), Conestoga Cold Storage (Canada), NewCold (Netherlands), Confederation Freezers (Canada), Seafrigo (France), and Trenton Cold Storage (Canada). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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Scope of the Report

Report Metric

Details

Market valuation in 2023

USD 278.2 billion

Revenue prediction in 2028

USD 428.4 billion

Progress rate

CAGR of 9.0% 

Report Coverage & Deliverables

Revenue forecast, company ranking, driving factors, Competitive benchmarking, and analysis

Segments covered

Application, Region, Temperature Type

Regional Insight

Europe, North America, South America, Asia Pacific

Leading organizations outlined

The key players in this include Americold Logistics (US), Lineage Logistics Holdings, LLC. (US), Nichirei Corporation (Japan), Burris Logistics (US), A.P. Moller Maersk (Denmark), United States Cold Storage (US), Tippmann Group (US), VersaCold Logistics Services (Canada), Coldman (India), Congebec Inc. (Canada), Conestoga Cold Storage (Canada), NewCold (Netherlands), Confederation Freezers (Canada), Seafrigo (France), and Trenton Cold Storage (Canada). 

Report Highlights

  • In the latest edition of the report, the main market segments such as technology, type, application, temperature type, means of temperature control and region are revised with market sizing and compounded annual growth rates. 
  • The new research study consists of a trade analysis of the cold chain market.
  • The new research study comprises the patent analysis of new cold chain services.
  • The new research study comprises the key buying criteria and stakeholder analysis of the cold chain market.
  • The new research study comprises the recession impact analysis of the cold chain market.
  • The new research study provides the company evaluation quadrant for 15 companies operating in the cold chain market.
  • The new research study comprises the startup/SME company evaluation quadrant for 10 companies operating in the cold chain market.

Cold Chain Market Report Segmentation

This research report categorizes the cold chain market based on type, temperature type, application, and region.

Aspect

Details

By Temperature Type

  • Chilled
  • Frozen

By Type

  • Refrigerated warehouse
  • Refrigerated transport

By Application

  • Dairy & frozen desserts
  • Fish, meat & seafood
  • Fruits & vegetables
  • Bakery & confectionery

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America 
  • Middle East & Africa

Cold Chain Market
Recent Developments

  • In September 2022, Lineage Logistics acquired Spanish transport and cold-store operator, Grupo Fuentes. This expansion in Spain will reinforce Lineage’s footprint in Europe’s main markets for fresh produce. This acquisition will strengthen Lineage’s footprint for cold storage distribution across Europe.
  • In June 2022, Americold Logistics announced the opening of its newest facility in Dunkirk, NY. This facility has over 181,000 square feet of cold storage & operational space, and 25,000 pallet positions, to support cold storage needs in the western New York region. This new facility will expand the company’s footprint across the US.
  • In December 2022, A.P. Moller Maersk announced on opening of a new facility in Norway. This new facility is specifically designed to accommodate the needs of the vast Norwegian seafood industry. The new facility will serve as a seamless supply chain link for customers when transporting frozen and refrigerated products.
  • In June 2021, Frigologix, a cold storage provider, was acquired by Stockhabo. As a result, three new sites joined the Stockhabo network: Lommel (Belgium), Herk-de-Stad (Belgium), and Val-de-Meuse (France). Frigologix is a strong player in the market of controlled temperature storage. For the expansion of its network in Belgium, this acquisition takes the first for the company. Stockhabo’s total capacity now rises to 235,000 pallet positions and potential increase in the revenue flow.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 39)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 MARKET SEGMENTATION
           1.3.2 REGIONAL SEGMENTATION
    1.4 INCLUSIONS & EXCLUSIONS 
    1.5 YEARS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
           TABLE 1 US DOLLAR EXCHANGE RATES CONSIDERED, 2018–2021
    1.7 UNITS CONSIDERED 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
           1.9.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 45)
    2.1 RESEARCH DATA 
           FIGURE 2 COLD CHAIN: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.2.3 SUPPLY SIDE
                    FIGURE 6 DATA TRIANGULATION: SUPPLY SIDE
           2.2.4 DEMAND SIDE
                    FIGURE 7 DATA TRIANGULATION: DEMAND SIDE
    2.3 DATA TRIANGULATION 
           FIGURE 8 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
    2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 
           2.5.1 RECESSION IMPACT ANALYSIS
    2.6 RECESSION IMPACT ON COLD CHAIN MARKET 
           2.6.1 MACRO INDICATORS OF RECESSION
                    FIGURE 9 INDICATORS OF RECESSION
                    FIGURE 10 WORLD INFLATION RATE, 2011-2021
                    FIGURE 11 GLOBAL GDP, 2011-2021 (USD TRILLION)
                    FIGURE 12 GLOBAL COLD CHAIN MARKET: EARLIER FORECAST VS. RECESSION FORECAST
                    FIGURE 13 RECESSION INDICATORS AND THEIR IMPACT ON COLD CHAIN MARKET
 
3 EXECUTIVE SUMMARY (Page No. - 60)
    TABLE 2 COLD CHAIN MARKET SNAPSHOT, 2023 VS. 2028 
    FIGURE 14 COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023 VS. 2028 (USD MILLION) 
    FIGURE 15 COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023 VS. 2028 (USD MILLION) 
    FIGURE 16 REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023 VS. 2028 (UNITS) 
    FIGURE 17 COLD CHAIN MARKET SHARE AND GROWTH RATE (VALUE), BY REGION 
 
4 PREMIUM INSIGHTS (Page No. - 65)
    4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN COLD CHAIN MARKET 
           FIGURE 18 GROWING DEMAND FOR FOOD WITH EXTENDED SHELF-LIFE TO PREVENT FOOD WASTAGE
    4.2 ASIA PACIFIC: COLD CHAIN MARKET, BY KEY FROZEN FOOD APPLICATION AND COUNTRY 
           FIGURE 19 INDIA ACCOUNTED FOR LARGEST SHARE BY COUNTRY WHILE DAIRY & FROZEN DESSERTS DOMINATED BY APPLICATION, 2022
    4.3 COLD CHAIN MARKET: REGIONAL SUBMARKETS 
           FIGURE 20 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    4.4 COLD CHAIN MARKET, BY TEMPERATURE TYPE AND REGION 
           FIGURE 21 ASIA PACIFIC TO DOMINATE COLD CHAIN MARKET ACROSS ALL TEMPERATURE TYPES, 2023 VS. 2028
           FIGURE 22 FRUITS & VEGETABLES SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2028
 
5 MARKET OVERVIEW (Page No. - 69)
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC INDICATORS 
           5.2.1 POPULATION GROWTH AND URBANIZATION
                    FIGURE 23 WORLD POPULATION, BY GROUP OF ECONOMIES (BILLIONS)
                    FIGURE 24 URBAN POPULATION, BY GROUP OF ECONOMIES (PERCENTAGE OF TOTAL POPULATION)
           5.2.2 GROWTH IN ORGANIZED RETAIL SECTOR
                    FIGURE 25 US: RETAIL SALES, 2013-2020 (USD TRILLION)
                    FIGURE 26 GCC: RETAIL FOOD SALES PENETRATION, BY COUNTRY (%), 2020
                    FIGURE 27 PERCENTAGE DISTRIBUTION OF INDIA’S RETAIL MARKET, 2021
           5.2.3 INCREASING CONVENIENCE FOOD INDUSTRY
    5.3 MARKET DYNAMICS 
           FIGURE 28 COLD CHAIN MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Increased demand for frozen perishable commodities
                               FIGURE 29 GLOBAL FROZEN FOOD SALES (USD M)
                    5.3.1.2 Increasing international trade of perishable commodities
                    5.3.1.3 Increasing need for temperature control to prevent food loss and potential health hazards
                               FIGURE 30 GLOBAL FOOD LOSS TRENDS (2015-2019)
                               FIGURE 31 INDIA: ANNUAL FOOD WASTAGE AS PERCENTAGE OF PRODUCTION, 2020
                               FIGURE 32 SHARE OF FOOD LOSSES IN HIGH-IMPACT COUNTRIES FOR ACCESS TO COOLING
                    5.3.1.4 Technological innovations in refrigerated systems and equipment
           5.3.2 RESTRAINTS
                    5.3.2.1 High energy costs and requirement for significant capital investments
                               FIGURE 33 CONTRIBUTION OF COST DRIVERS: 16 TON (MULTI-AXLE VEHICLE)
                    5.3.2.2 Environmental concerns regarding greenhouse gas emissions
                               FIGURE 34 ENVIRONMENTAL IMPACT OF FOOD SUPPLY CHAIN
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Intermodal transport to save fuel costs
                    5.3.3.2 Government support for cold chain infrastructure development
           5.3.4 CHALLENGES
                    5.3.4.1 Maintaining product integrity during transportation of perishable commodities
                    5.3.4.2 Rising fuel costs: Major concern for providers of refrigerated transport
 
6 INDUSTRY TRENDS (Page No. - 92)
    6.1 INTRODUCTION 
    6.2 VALUE CHAIN ANALYSIS 
           6.2.1 SUPPLY PROCUREMENT
           6.2.2 TRANSPORT
           6.2.3 STORAGE AND DISTRIBUTION
           6.2.4 END PRODUCT MANUFACTURERS
                    FIGURE 35 COLD CHAIN MARKET: VALUE CHAIN
    6.3 TECHNOLOGY ANALYSIS 
           6.3.1 ADVANCED ANALYTICS AND DATA AGGREGATION TECHNOLOGIES
           6.3.2 IOT
           6.3.3 RADIO FREQUENCY IDENTIFICATION
           6.3.4 TELEMATICS
           6.3.5 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
    6.4 PATENT ANALYSIS 
           FIGURE 36 PATENTS GRANTED FOR COLD CHAIN MARKET, 2011-2021
           FIGURE 37 REGIONAL ANALYSIS OF PATENTS GRANTED FOR COLD CHAIN MARKET, 2011-2021
           TABLE 3 KEY PATENTS PERTAINING TO COLD CHAIN MARKET, 2021
    6.5 MARKET MAP 
           6.5.1 DEMAND SIDE
           6.5.2 SUPPLY SIDE
                    FIGURE 38 COLD CHAIN MARKET: MARKET MAP
                    TABLE 4 COLD CHAIN MARKET: ECOSYSTEM
    6.6 TRADE SCENARIO 
           6.6.1 EXPORT SCENARIO
                    TABLE 5 TOP 10 EXPORTERS, 2021 (USD THOUSAND)
                    FIGURE 39 COUNTRY-WISE EXPORTS DATA FOR REFRIGERATORS, FREEZERS, AND OTHER REFRIGERATING OR FREEZING EQUIPMENT UNDER HS CODE: 8418, 2017–2021 (USD THOUSAND)
           6.6.2 IMPORT SCENARIO
                    TABLE 6 TOP 10 IMPORTERS, 2021 (USD THOUSAND)
                    FIGURE 40 COUNTRY-WISE IMPORT DATA FOR REFRIGERATORS, FREEZERS, AND OTHER REFRIGERATING OR FREEZING EQUIPMENT UNDER HS CODE: 8418, 2017–2021 (USD THOUSAND)
    6.7 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 7 COLD CHAIN MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.7.1 INTENSITY OF COMPETITIVE RIVALRY
           6.7.2 BARGAINING POWER OF SUPPLIERS
           6.7.3 BARGAINING POWER OF BUYERS
           6.7.4 THREAT OF SUBSTITUTES
           6.7.5 THREAT OF NEW ENTRANTS
    6.8 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 41 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS
                    TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS
           6.8.2 BUYING CRITERIA
                    TABLE 9 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
                    FIGURE 42 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
    6.9 KEY CONFERENCES & EVENTS IN 2022-2023 
           TABLE 10 COLD CHAIN MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2023
    6.10 TARIFF AND REGULATORY LANDSCAPE 
           6.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.11 REGULATORY FRAMEWORK 
           6.11.1 NORTH AMERICA
                    6.11.1.1 US
                    6.11.1.2 Canada
           6.11.2 EUROPE
           6.11.3 ASIA PACIFIC
                    6.11.3.1 China
                    6.11.3.2 India
                               6.11.3.2.1 Financial assistance for setting up of cold chain
                                             6.11.3.2.1.1 Ministry of food processing industry (MoFPI)
                                             6.11.3.2.1.2 Foreign direct investment (FDI) in cold chain
                               6.11.3.2.1 Essential Commodities Act
                               6.11.3.2.2 Ease of doing business
                    6.11.3.3 Australia
                               6.11.3.3.1 Never warmer than
                               6.11.3.3.2 Maximum “out of refrigeration” time limit
                               6.11.3.3.3 First expiry first out
    6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 
                    FIGURE 43 COLD CHAIN MARKET: TRENDS IMPACTING BUYERS
    6.13 CASE STUDY ANALYSIS 
           6.13.1 COLD CHAIN TECHNOLOGIES, INC: GLOBAL PHARMACEUTICAL COMPANY REDUCES SHIPPING COSTS BY 20%
           6.13.2 EMERSON COLD CHAIN SOLUTIONS: TRANSFORMING VACCINE
                    6.13.2.1 Storage in India
 
7 MEANS OF TEMPERATURE CONTROL (Page No. - 117)
    7.1 CONVENTIONAL REFRIGERATION 
           7.1.1 MECHANICAL REFRIGERATION
    7.2 USING PACKAGING MATERIALS 
           7.2.1 DRY ICE
                    TABLE 15 DRY ICE REQUIREMENT DURING TRANSIT, WITH RESPECT TO FOOD QUANTITY
           7.2.2 WET ICE
           7.2.3 GEL PACKS
                    TABLE 16 TYPES OF CONTAINERS USED FOR GEL PACKS
           7.2.4 EUTECTIC PLATES
           7.2.5 LIQUID NITROGEN
           7.2.6 INSULATED BLANKETS
           7.2.7 EXPANDED POLYSTYRENE
 
8 COLD CHAIN MARKET, BY TECHNOLOGY (Page No. - 121)
    8.1 INTRODUCTION 
    8.2 BLAST FREEZING 
    8.3 VAPOR COMPRESSION 
    8.4 PROGRAMMABLE LOGIC CONTROLLER 
    8.5 EVAPORATIVE COOLING 
    8.6 CRYOGENIC SYSTEMS 
    8.7 OTHER TECHNOLOGIES 
 
9 COLD CHAIN MARKET, BY TYPE (Page No. - 124)
    9.1 INTRODUCTION 
    9.2 REFRIGERATED WAREHOUSES 
           9.2.1 GROWING DEMAND FOR TEMPERATURE-CONTROLLED STORAGE AND TRANSPORTATION TO DRIVE SEGMENT
                    TABLE 17 REFRIGERATED WAREHOUSE ROOM CLASSIFICATION AND TEMPERATURE RANGES
                    TABLE 18 REFRIGERATED WAREHOUSES: COLD CHAIN MARKET, BY REGION, 2018–2022 (MILLION CUBIC METERS)
                    TABLE 19 REFRIGERATED WAREHOUSES: COLD CHAIN MARKET, BY REGION, 2023–2028 (MILLION CUBIC METERS)
    9.3 REFRIGERATED TRANSPORTATION 
           9.3.1 RISING DEMAND FOR EXOTIC FOODS AND LIBERALIZATION OF GOODS TRANSPORTATION TO DRIVE SEGMENT
           9.3.2 REFRIGERATED ROAD TRANSPORT
                    TABLE 20 REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                    TABLE 21 REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                    9.3.2.1 Refrigerated LCV (Van)
                               TABLE 22 LCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2018–2022 (UNITS)
                               TABLE 23 LCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2023–2028 (UNITS)
                    9.3.2.2 Refrigerated MHCV (Truck)
                               TABLE 24 MHCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2018–2022 (UNITS)
                               TABLE 25 MHCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2023–2028 (UNITS)
                    9.3.2.3 Refrigerated HCV (Trailers & Semi-trailers)
                               TABLE 26 HCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2018–2022 (UNITS)
                               TABLE 27 HCV: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2023–2028 (UNITS)
           9.3.3 REFRIGERATED SEA TRANSPORT
           9.3.4 REFRIGERATED RAIL TRANSPORT
           9.3.5 REFRIGERATED AIR TRANSPORT
 
10 COLD CHAIN MARKET, BY TEMPERATURE TYPE (Page No. - 132)
     10.1 INTRODUCTION 
               FIGURE 44 COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023 VS. 2028 (USD MILLION)
               TABLE 28 COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2018–2022 (USD MILLION)
               TABLE 29 COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023–2028 (USD MILLION)
     10.2 CHILLED 
             10.2.1 RISING CONSUMPTION OF CHILLED PROCESSED FOODS TO CONTRIBUTE TO DEMAND
                       TABLE 30 CHILLED: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 31 CHILLED: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.3 FROZEN 
             10.3.1 ADVANCEMENTS IN REFRIGERATION TECHNOLOGY DRIVING FROZEN SEGMENT
                       TABLE 32 FROZEN: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 33 FROZEN: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
 
11 COLD CHAIN MARKET, BY APPLICATION (Page No. - 137)
     11.1 INTRODUCTION 
               FIGURE 45 COLD CHAIN MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION)
               TABLE 34 COLD CHAIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
               TABLE 35 COLD CHAIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     11.2 DAIRY & FROZEN DESSERTS 
             11.2.1 RISING CONSUMPTION OF DAIRY & FROZEN DESSERTS TO DRIVE MARKET
                       TABLE 36 DAIRY & FROZEN DESSERTS: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 37 DAIRY & FROZEN DESSERTS: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.3 FISH, MEAT, AND SEAFOOD PRODUCTS 
             11.3.1 MEAT AND SEAFOOD INDUSTRIES TO CREATE HIGH DEMAND FOR COLD CHAIN SOLUTIONS
                       TABLE 38 FISH, MEAT, AND SEAFOOD PRODUCTS: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 39 FISH, MEAT, AND SEAFOOD PRODUCTS: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.4 FRUITS & VEGETABLES 
             11.4.1 DEMAND FOR REFRIGERATED LOGISTICS IN FRUITS & VEGETABLES INDUSTRY TO WITNESS GROWTH
                       TABLE 40 FRUITS & VEGETABLES: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 41 FRUITS & VEGETABLES: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.5 BAKERY & CONFECTIONERY PRODUCTS 
             11.5.1 INCREASING DEMAND FOR CONVENIENCE FOODS TO SPUR DEMAND FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS
                       TABLE 42 BAKERY & CONFECTIONERY PRODUCTS: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 43 BAKERY & CONFECTIONERY PRODUCTS: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.6 OTHER APPLICATIONS 
             11.6.1 RISING DEMAND FOR SAUCES, CONDIMENTS, DRESSINGS, AND DIPS TO INCREASE NEED FOR COLD CHAIN WAREHOUSING
                       TABLE 44 OTHER APPLICATIONS: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 45 OTHER APPLICATIONS: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
 
12 COLD CHAIN MARKET, BY REGION (Page No. - 146)
     12.1 INTRODUCTION 
               FIGURE 46 US HELD LARGEST SHARE IN COLD CHAIN MARKET, 2022
               TABLE 46 COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
               TABLE 47 COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
               TABLE 48 REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2018–2022 (UNITS)
               TABLE 49 REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2023–2028 (UNITS)
     12.2 NORTH AMERICA 
             12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
                       FIGURE 47 NORTH AMERICAN COLD CHAIN MARKET: RECESSION IMPACT ANALYSIS
                       TABLE 50 NORTH AMERICA: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2018–2022 (USD MILLION)
                       TABLE 51 NORTH AMERICA: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023–2028 (USD MILLION)
                       TABLE 52 NORTH AMERICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 53 NORTH AMERICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 54 NORTH AMERICA: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 55 NORTH AMERICA: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 56 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 57 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 58 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 59 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 60 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 61 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 62 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 63 NORTH AMERICA: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 64 NORTH AMERICA: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 65 NORTH AMERICA: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 66 NORTH AMERICA: COLD CHAIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 67 NORTH AMERICA: COLD CHAIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 68 NORTH AMERICA: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2018–2022 (MILLION CUBIC METERS)
                       TABLE 69 NORTH AMERICA: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2023–2028 (MILLION CUBIC METERS)
                       TABLE 70 NORTH AMERICA: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2018–2022 (UNITS)
                       TABLE 71 NORTH AMERICA: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2023–2028 (UNITS)
             12.2.2 US
                       12.2.2.1 Growing frozen food products and chilled food markets to increase demand for cold chain services
                                   FIGURE 48 US SHARE OF INVESTORS IN COLD CHAIN STORAGE
                                   FIGURE 49 US GROCERY SALES VS. RESTAURANT SALES
                                   TABLE 72 US: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 73 US: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 74 US: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 75 US: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.2.3 CANADA
                       12.2.3.1 Need for more severe food safety regulations to contribute to increase in demand for cold chain services
                                   TABLE 76 CANADA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 77 CANADA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 78 CANADA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 79 CANADA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.2.4 MEXICO
                       12.2.4.1 Increasing consumption of perishable food products leading to increased demand for retail distribution
                                   TABLE 80 MEXICO: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 81 MEXICO: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 82 MEXICO: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 83 MEXICO: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
     12.3 EUROPE 
             12.3.1 EUROPE: RECESSION IMPACT ANALYSIS
                       FIGURE 50 EUROPEAN COLD CHAIN MARKET: RECESSION IMPACT ANALYSIS
                       TABLE 84 EUROPE: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2018–2022 (USD MILLION)
                       TABLE 85 EUROPE: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023–2028 (USD MILLION)
                       TABLE 86 EUROPE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 87 EUROPE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 88 EUROPE: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 89 EUROPE: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 90 EUROPE: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 91 EUROPE: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 92 EUROPE: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 93 EUROPE: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 94 EUROPE: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 95 EUROPE: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 96 EUROPE: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 97 EUROPE: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 98 EUROPE: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 99 EUROPE: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 100 EUROPE: COLD CHAIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 101 EUROPE: COLD CHAIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 102 EUROPE: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2018–2022 (MILLION CUBIC METERS)
                       TABLE 103 EUROPE: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2023–2028 (MILLION CUBIC METERS)
                       TABLE 104 EUROPE: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2018–2022 (UNITS)
                       TABLE 105 EUROPE: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2023–2028 (UNITS)
             12.3.2 GERMANY
                       12.3.2.1 Major imports and exports of agricultural products to drive market
                                   TABLE 106 GERMANY: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 107 GERMANY: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 108 GERMANY: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 109 GERMANY: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.3 FRANCE
                       12.3.3.1 Continued investment in technology: Major trend in French cold chain industry
                                   TABLE 110 FRANCE: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 111 FRANCE: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 112 FRANCE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 113 FRANCE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.4 UK
                       12.3.4.1 Demand for premium quality, nutrition value, and freshness in food products leading to growth of cold chain services
                                   TABLE 114 UK: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 115 UK: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 116 UK: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 117 UK: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.5 ITALY
                       12.3.5.1 Changing consumer behavior and attitude to lead to growth of cold chain market
                                   TABLE 118 ITALY: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 119 ITALY: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 120 ITALY: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 121 ITALY: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.6 SPAIN
                       12.3.6.1 Development of technology to contribute to cold chain market growth in Spain
                                   TABLE 122 SPAIN: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 123 SPAIN: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 124 SPAIN: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 125 SPAIN: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.7 NETHERLANDS
                       12.3.7.1 Large market for fruits & vegetables leading to rising demand for cold chain services
                                   TABLE 126 NETHERLANDS: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 127 NETHERLANDS: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 128 NETHERLANDS: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 129 NETHERLANDS: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.3.8 REST OF EUROPE
                       12.3.8.1 Robust growth of food & beverage industry leading to modernization and development of cold chain industry
                                   TABLE 130 REST OF EUROPE: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 131 REST OF EUROPE: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 132 REST OF EUROPE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 133 REST OF EUROPE: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
     12.4 ASIA PACIFIC 
             12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
                       FIGURE 51 ASIA PACIFIC COLD CHAIN MARKET: RECESSION IMPACT ANALYSIS
                       TABLE 134 ASIA PACIFIC: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2018–2022 (USD MILLION)
                       TABLE 135 ASIA PACIFIC: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023–2028 (USD MILLION)
                       TABLE 136 ASIA PACIFIC: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 137 ASIA PACIFIC: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 138 ASIA PACIFIC: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 139 ASIA PACIFIC: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 140 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 141 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 142 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 143 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 144 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 145 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 146 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 147 ASIA PACIFIC: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 148 ASIA PACIFIC: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 149 ASIA PACIFIC: COLD CHAIN MARKET FOR OTHER FROZEN APPLICATIONS, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 150 ASIA PACIFIC: COLD CHAIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 151 ASIA PACIFIC: COLD CHAIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                       TABLE 152 ASIA PACIFIC: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2018–2022 (MILLION CUBIC METERS)
                       TABLE 153 ASIA PACIFIC: REFRIGERATED WAREHOUSE MARKET, BY COUNTRY, 2023–2028 (MILLION CUBIC METERS)
                       TABLE 154 ASIA PACIFIC: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2018–2022 (UNITS)
                       TABLE 155 ASIA PACIFIC: REFRIGERATED ROAD TRANSPORT MARKET, BY COUNTRY, 2023–2028 (UNITS)
             12.4.2 CHINA
                       12.4.2.1 Increasing government initiatives to improve food safety and reduce food waste driving cold chain industry
                                   TABLE 156 CHINA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 157 CHINA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 158 CHINA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 159 CHINA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.4.3 JAPAN
                       12.4.3.1 Companies in Japan developing advanced cold chain technologies using R&D capabilities
                                   TABLE 160 JAPAN: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 161 JAPAN: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 162 JAPAN: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 163 JAPAN: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.4.4 INDIA
                       12.4.4.1 Changing consumption patterns to drive demand for cold chain in India
                                   FIGURE 52 OWNERSHIP PATTERN OF COLD WAREHOUSES IN INDIA, 2021
                                   TABLE 164 INDIA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 165 INDIA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 166 INDIA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 167 INDIA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.4.5 AUSTRALIA & NEW ZEALAND
                       12.4.5.1 Significant exports of perishable goods call for temperature-controlled transportation and storage
                                   TABLE 168 AUSTRALIA & NEW ZEALAND: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 169 AUSTRALIA & NEW ZEALAND: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 170 AUSTRALIA & NEW ZEALAND: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 171 AUSTRALIA & NEW ZEALAND: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.4.6 REST OF ASIA PACIFIC
                       12.4.6.1 Rising food & beverage international trade to augment demand for cold chain services
                                   TABLE 172 REST OF ASIA PACIFIC: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 173 REST OF ASIA PACIFIC: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 174 REST OF ASIA PACIFIC: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 175 REST OF ASIA PACIFIC: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
     12.5 REST OF THE WORLD 
             12.5.1 ROW: RECESSION IMPACT ANALYSIS
             12.5.2 INDICATORS IMPACTING THE ROW COLD CHAIN MARKET:
                       FIGURE 53 ROW COLD CHAIN MARKET: RECESSION IMPACT ANALYSIS
                       TABLE 176 ROW: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2018–2022 (USD MILLION)
                       TABLE 177 ROW: COLD CHAIN MARKET, BY TEMPERATURE TYPE, 2023–2028 (USD MILLION)
                       TABLE 178 ROW: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 179 ROW: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 180 ROW: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 181 ROW: COLD CHAIN MARKET, BY CHILLED APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 182 ROW: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 183 ROW: COLD CHAIN MARKET FOR FROZEN FRUITS & VEGETABLES, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 184 ROW: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 185 ROW: COLD CHAIN MARKET FOR FROZEN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 186 ROW: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 187 ROW: COLD CHAIN MARKET FOR FROZEN DAIRY & FROZEN DESSERTS, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 188 ROW: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 189 ROW: COLD CHAIN MARKET FOR FROZEN FISH, MEAT, AND SEAFOOD PRODUCTS, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 190 ROW: COLD CHAIN MARKET FOR FROZEN OTHER PRODUCTS, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 191 ROW: COLD CHAIN MARKET FOR FROZEN OTHER PRODUCTS, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 192 ROW: COLD CHAIN MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 193 ROW: COLD CHAIN MARKET, BY REGION, 2023–2028 (USD MILLION)
                       TABLE 194 ROW: REFRIGERATED WAREHOUSE MARKET, BY REGION, 2018–2022 (MILLION CUBIC METERS)
                       TABLE 195 ROW: REFRIGERATED WAREHOUSE MARKET, BY REGION, 2023–2028 (MILLION CUBIC METERS)
                       TABLE 196 ROW: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2018–2022 (UNITS)
                       TABLE 197 ROW: REFRIGERATED ROAD TRANSPORT MARKET, BY REGION, 2023–2028 (UNITS)
             12.5.3 SOUTH AMERICA
                       12.5.3.1 Increasing exports of chilled or frozen beef to fuel demand for cold chain services
                                   TABLE 198 SOUTH AMERICA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 199 SOUTH AMERICA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 200 SOUTH AMERICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 201 SOUTH AMERICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.5.4 AFRICA
                       12.5.4.1 Lack of infrastructure and poor logistic arrangements to be key challenges for African cold chain market
                                   TABLE 202 AFRICA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 203 AFRICA: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 204 AFRICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 205 AFRICA: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
             12.5.5 MIDDLE EAST
                       12.5.5.1 Significant reliance on food imports to drive growth of Middle Eastern cold chain market
                                   TABLE 206 MIDDLE EAST: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
                                   TABLE 207 MIDDLE EAST: REFRIGERATED ROAD TRANSPORT MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
                                   TABLE 208 MIDDLE EAST: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 209 MIDDLE EAST: COLD CHAIN MARKET, BY FROZEN APPLICATION, 2023–2028 (USD MILLION)
 
13 COMPETITIVE LANDSCAPE (Page No. - 235)
     13.1 OVERVIEW 
     13.2 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 
               FIGURE 54 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2017–2021 (USD BILLION)
     13.3 STRATEGIES ADOPTED BY KEY PLAYERS 
               TABLE 210 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS
     13.4 MARKET SHARE ANALYSIS, 2022 
               TABLE 211 COLD CHAIN MARKET: DEGREE OF COMPETITION (COMPETITIVE)
     13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 
             13.5.1 STARS
             13.5.2 EMERGING LEADERS
             13.5.3 PERVASIVE PLAYERS
             13.5.4 PARTICIPANTS
                       FIGURE 55 COLD CHAIN MARKET: COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)
             13.5.5 TYPE FOOTPRINT
                       TABLE 212 COMPANY FOOTPRINT, BY TYPE
                       TABLE 213 COMPANY FOOTPRINT, BY APPLICATION
                       TABLE 214 COMPANY FOOTPRINT, BY REGION
                       TABLE 215 OVERALL COMPANY FOOTPRINT
     13.6 STARTUPS/SMES EVALUATION QUADRANT (OTHER PLAYERS) 
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 STARTING BLOCKS
             13.6.3 RESPONSIVE COMPANIES
             13.6.4 DYNAMIC COMPANIES
                       FIGURE 56 COLD CHAIN MARKET: COMPANY EVALUATION QUADRANT, 2022 (STARTUPS/SMES)
             13.6.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
                       TABLE 216 COLD CHAIN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
                       TABLE 217 COLD CHAIN MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
     13.7 COMPETITIVE SCENARIO 
             13.7.1 SERVICE LAUNCHES
             13.7.2 DEALS
             13.7.3 OTHERS
 
14 COMPANY PROFILES (Page No. - 258)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     14.1 INTRODUCTION 
     14.2 KEY PLAYERS 
             14.2.1 AMERICOLD LOGISTICS
                       TABLE 218 AMERICOLD LOGISTICS: BUSINESS OVERVIEW
                       FIGURE 57 AMERICOLD LOGISTICS: COMPANY SNAPSHOT
                       TABLE 219 AMERICOLD LOGISTICS: SERVICES OFFERED
                       TABLE 220 AMERICOLD LOGISTICS: DEALS
                       TABLE 221 AMERICOLD LOGISTICS: OTHERS
             14.2.2 LINEAGE LOGISTICS HOLDINGS, LLC
                       TABLE 222 LINEAGE LOGISTICS HOLDINGS, LLC: BUSINESS OVERVIEW
                       TABLE 223 LINEAGE LOGISTICS HOLDINGS, LLC: SERVICES OFFERED
                       TABLE 224 LINEAGE LOGISTICS HOLDINGS, LLC: DEALS
                       TABLE 225 LINEAGE LOGISTICS HOLDINGS, LLC: OTHERS
             14.2.3 NICHIREI CORPORATION
                       TABLE 226 NICHIREI CORPORATION: BUSINESS OVERVIEW
                       FIGURE 58 NICHIREI CORPORATION: COMPANY SNAPSHOT
                       TABLE 227 NICHIREI CORPORATION: SERVICES OFFERED
             14.2.4 BURRIS LOGISTICS
                       TABLE 228 BURRIS LOGISTICS: BUSINESS OVERVIEW
                       TABLE 229 BURRIS LOGISTICS: SERVICES OFFERED
             14.2.5 A.P. MOELLER MAERSK
                       TABLE 230 A.P. MOELLER MAERSK: BUSINESS OVERVIEW
                       FIGURE 59 A.P. MOELLER MAERSK: COMPANY SNAPSHOT
                       TABLE 231 A.P. MOELLER MAERSK: SERVICES OFFERED
                       TABLE 232 A.P. MOELLER MAERSK: DEALS
                       TABLE 233 A.P. MOELLER MAERSK: OTHERS
             14.2.6 UNITED STATES COLD STORAGE
                       TABLE 234 UNITED STATES COLD STORAGE: BUSINESS OVERVIEW
                       TABLE 235 UNITED STATES COLD STORAGE: SERVICES OFFERED
                       TABLE 236 UNITED STATES COLD STORAGE: DEALS
                       TABLE 237 UNITED STATES COLD STORAGE: OTHERS
             14.2.7 TIPPMANN GROUP
                       TABLE 238 TIPPMANN GROUP: BUSINESS OVERVIEW
                       TABLE 239 TIPPMANN GROUP: SERVICES OFFERED
                       TABLE 240 TIPPMANN GROUP: SERVICES LAUNCHED
                       TABLE 241 TIPPMANN GROUP: OTHERS
             14.2.8 VERSACOLD LOGISTICS SERVICES
                       TABLE 242 VERSACOLD LOGISTICS SERVICES: BUSINESS OVERVIEW
                       TABLE 243 VERSACOLD LOGISTICS SERVICES: SERVICES OFFERED
             14.2.9 COLDMAN
                       TABLE 244 COLDMAN: BUSINESS OVERVIEW
                       TABLE 245 COLDMAN: SERVICES OFFERED
             14.2.10 CONGEBEC INC.
                       TABLE 246 CONGEBEC INC.: BUSINESS OVERVIEW
                       TABLE 247 CONGEBEC INC.: SERVICES OFFERED
             14.2.11 CONESTOGA COLD STORAGE
                       TABLE 248 CONESTOGA COLD STORAGE: BUSINESS OVERVIEW
                       TABLE 249 CONESTOGA COLD STORAGE: SERVICES OFFERED
             14.2.12 NEWCOLD
                       TABLE 250 NEWCOLD: BUSINESS OVERVIEW
                       TABLE 251 NEWCOLD: SERVICES OFFERED
                       TABLE 252 NEWCOLD: DEALS
                       TABLE 253 NEWCOLD: OTHERS
             14.2.13 CONFEDERATION FREEZERS
                       TABLE 254 CONFEDERATION FREEZERS: BUSINESS OVERVIEW
                       TABLE 255 CONFEDERATION FREEZERS: SERVICES OFFERED
             14.2.14 SEAFRIGO
                       TABLE 256 SEAFRIGO: BUSINESS OVERVIEW
                       TABLE 257 SEAFRIGO: SERVICES OFFERED
             14.2.15 TRENTON COLD STORAGE
                       TABLE 258 TRENTON COLD STORAGE: BUSINESS OVERVIEW
                       TABLE 259 TRENTON COLD STORAGE: SERVICES OFFERED
     14.3 OTHER PLAYERS 
             14.3.1 BLUE WATER SHIPPING
                       TABLE 260 BLUE WATER SHIPPING: BUSINESS OVERVIEW
                       TABLE 261 BLUE WATER SHIPPING: SERVICES OFFERED
             14.3.2 MERCHANTS TERMINAL CORPORATION
                       TABLE 262 MERCHANTS TERMINAL CORPORATION: BUSINESS OVERVIEW
                       TABLE 263 MERCHANTS TERMINAL CORPORATION: SERVICES OFFERED
             14.3.3 STOCKHABO
                       TABLE 264 STOCKHABO: BUSINESS OVERVIEW
                       TABLE 265 STOCKHABO: SERVICES OFFERED
                       TABLE 266 STOCKHABO: DEALS
                       TABLE 267 STOCKHABO: OTHERS
             14.3.4 ANTARRTICA COLD STORAGE
                       TABLE 268 ANTARRTICA COLD STORAGE: BUSINESS OVERVIEW
                       TABLE 269 ANTARRTICA COLD STORAGE: SERVICES OFFERED
             14.3.5 APF COLD STORAGE & LOGISTICS
                       TABLE 270 APF COLD STORAGE & LOGISTICS: BUSINESS OVERVIEW
                       TABLE 271 APF COLD STORAGE & LOGISTICS: SERVICES OFFERED
             14.3.6 CHILTERN COLD STORAGE GROUP LTD
             14.3.7 COLDRUSH LOGISTICS
             14.3.8 KARRAS COLD LOGISTICS
             14.3.9 CANADIAN DRY STORAGE LTD.
             14.3.10 JELAIDAN COLD STORE
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
15 ADJACENT & RELATED MARKETS (Page No. - 313)
     15.1 INTRODUCTION 
     15.2 LIMITATIONS 
     15.3 REFRIGERATED TRANSPORT MARKET 
             15.3.1 MARKET DEFINITION
             15.3.2 MARKET OVERVIEW
             15.3.3 REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE
                       15.3.3.1 Introduction
                                   TABLE 272 REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE, 2019–2022 (UNITS)
                                   TABLE 273 REFRIGERATED TRANSPORT MARKET, BY TEMPERATURE, 2023–2027 (UNITS)
             15.3.4 REFRIGERATED TRANSPORT MARKET, BY REGION
                       15.3.4.1 Introduction
                                   TABLE 274 REFRIGERATED TRANSPORT MARKET, BY REGION, 2019–2022 (USD MILLION)
                                   TABLE 275 REFRIGERATED TRANSPORT MARKET, BY REGION, 2023–2027 (USD MILLION)
                                   TABLE 276 REFRIGERATED TRANSPORT MARKET, BY REGION, 2019–2022 (UNITS)
                                   TABLE 277 REFRIGERATED TRANSPORT MARKET, BY REGION, 2023–2027 (UNITS)
     15.4 REFRIGERATED WAREHOUSING MARKET 
             15.4.1 MARKET DEFINITION
             15.4.2 MARKET OVERVIEW
             15.4.3 REFRIGERATED WAREHOUSING MARKET, BY TECHNOLOGY
                       15.4.3.1 Introduction
                                   TABLE 278 REFRIGERATED WAREHOUSING MARKET, BY TECHNOLOGY, 2015–2022 (USD MILLION)
                                   TABLE 279 REFRIGERATED WAREHOUSING MARKET, BY TECHNOLOGY, 2015–2022 (MCM)
             15.4.4 REFRIGERATED WAREHOUSING MARKET, BY REGION
                       15.4.4.1 Introduction
                                   TABLE 280 REFRIGERATED WAREHOUSING MARKET, BY REGION, 2015–2022 (USD MILLION)
 
16 APPENDIX (Page No. - 321)
     16.1 DISCUSSION GUIDE 
     16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.3 CUSTOMIZATION OPTIONS 
     16.4 RELATED REPORTS 
     16.5 AUTHOR DETAILS 

The study involved four major steps in estimating the size of the cold chain market. Exhaustive secondary research was done to collect information on the market, as well as the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Cold Chain Market Secondary Research

In the secondary research process, various sources, such as the Refrigerated Foods Association (RFA), The Refrigerated Warehouse & Transport Association of Australia Ltd (RWTA), the Southern African Refrigerated Distribution Association (SARDA), the International Association for Cold Storage Construction (IACSC), International Association of Refrigerated Warehouses (IARW), World Food Logistics Organization (WFLO), European Cold Storage and Logistics Association (ECSLA), and Cool Chain Association (CCA) were referred to, to identify and collect information for this study. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, associations, regulatory bodies, trade directories, and paid databases.

Secondary research was used to obtain key information about the industry’s supply chain, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level, and geographical markets. It was also used to obtain information on the key developments from a market-oriented perspective.

Cold Chain Market Primary Research

The market comprises several stakeholders in the supply chain; these include suppliers, manufacturers, and end-use product manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of the food processing industry and the retail sector. The primary sources from the supply side include research institutions involved in R&D, key opinion leaders, and manufacturers of cold chain systems.

Cold Chain Market Primary Research

To know about the assumptions considered for the study, download the pdf brochure

Cold Chain Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the cold chain market. These approaches have also been used extensively to determine the size of the various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the industry and market have been identified through extensive secondary research.
  • The cold chain value chain and market size in terms of value and volume have been determined through primary and secondary research.
  • All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All macro-economic and micro-economic factors affecting the growth of the cold chain market were considered while estimating the market size.
  • All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Global Cold Chain Market Size: Top-Down Approach

Cold Chain Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To estimate the overall cold chain market and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Report Objectives

Cold Chain Market Intelligence

  • Determining and projecting the size of the cold chain market based on technology, type, application, temperature type, means of temperature control and region over a five-year period ranging from 2023 to 2028.
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
  • Analyzing the demand-side factors based on the following:
  • Impact of macro- and micro-economic factors on the market
  • Shifts in demand patterns across different subsegments and regions
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

Competitive Intelligence

  • Identifying and profiling the key players in the cold chain market
  • Providing a comparative analysis of the market leaders based on the following:
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
  • Analyzing the value chain and regulatory frameworks across regions and their impact on prominent market players
  • Providing insights into the key investments in product innovations and technology in the cold chain market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Service Analysis:

  • Service Matrix, which gives a detailed comparison of the service portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of European market for cold chain into Poland and Ukraine.
  • Further breakdown of the Rest of Asia Pacific market for cold chain into India, Vietnam, Malaysia, Indonesia, and Thailand.
  • Further breakdown of the Rest of South American market for cold chain into Colombia, Paraguay, Uruguay, and Chile.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
FB 2871
Published ON
Mar, 2023
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