Cold Chain: Global Market Intelligence (2023-2030)

REPORT OBJECTIVES

The report "Cold Chain: Global Market Intelligence (2023-2030)" provides market intelligence on the different market segments, based on type, product type, application, and geography. Market size and forecast (2023-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY

In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents - selected experts from manufacturers and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE

Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES

The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT

Cold Chains market is expected to grow at 7% CAGR from 2023 to 2030. The cold chain market refers to the transportation and storage of temperature-sensitive products, such as vaccines, food products, and pharmaceuticals, in a temperature-controlled environment to maintain their quality and freshness. The global cold chain market is growing at a rapid pace, driven by several factors. One of the primary drivers of the cold chain market is the increasing demand for temperature-controlled storage and transportation of perishable goods. This demand is driven by the growth of e-commerce and the increasing consumer preference for fresh and high-quality products. With the rise of online shopping, the need for temperature-controlled transportation and storage has become even more critical. The pharmaceutical industry is another significant driver of the cold chain market. Many medications and vaccines require specific temperature conditions to maintain their efficacy, and the demand for these products is growing globally. The growing population, the increasing incidence of chronic diseases, and the need for better healthcare infrastructure in developing countries are driving the growth of the pharmaceutical industry, which in turn is fueling the demand for cold chain logistics. The food and beverage industry is also a significant end-user of cold chain logistics. With the increasing demand for fresh and organic foods, the need for temperature-controlled transportation and storage has become even more critical. Additionally, food safety regulations require that food products be transported and stored at specific temperature conditions to maintain their quality and safety.

USA, Brazil, France, China, and Middle East are the leading countries in Cold Chain market.

AB Oxford Cold Storage, Australia, Agro Merchants Group BV, The Netherlands, Americold Logistics LLC, USA, American Airlines Cargo, USA, Burris Logistics, USA are leading manufacturers of Cold Chains.

Sprout Intelligence expert team projected the global Cold Chain marketis expected to cross mark of USD 230 billion.