Precision Business Insights has published a report on the global cold chain market, estimating its value at USD 262.0 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-cold-chain-market
The Cold Chain Market refers to the temperature-controlled supply chain that stores, transports, and distributes perishable items including food, medicines, and chemicals. It ensures that items are kept within prescribed temperature ranges to guarantee quality and safety.
Drivers:
- Growing Demand for Perishable Goods: Increased consumption of fresh and frozen foods, dairy, and seafood fuels the need for efficient cold chain logistics.
- E-commerce Growth: Online grocery and pharmaceutical sales have surged, necessitating reliable cold chain infrastructure.
The global cold chain market segmentation:
1) By Type: Cold Chain Storage, Cold Chain Transport
2) By Application: Food and Beverages, Pharmaceutical and Healthcare, Chemicals, Others
3) By Temperature Type: Chilled, Frozen, Deep-Frozen
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Regional Overview:
The report also examines the current concerns and their Future Effects on the cold chain market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the cold chain market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Americold Logistics, Burris Logistics, Lineage Logistics, Nichirei Corporation, AGRO Merchants, Kloosterboer, Swire Cold Storage, VersaCold Logistics, Interstate Warehousing, United States Cold Storage (USCS), Buske Logistics, Trenton Cold Storage, AP Moller Maersk, United Parcel Service of America, Inc, DB Schenker Logistics, FedEx Corporation, Sinotrans, Nippon Express, Ceva Logistics, XPO Logistics Inc, Agility, DSV
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