Cold Chain Logistics Market Opportunities 2023-2033

Cold Chain Logistics Market Global Demand Analysis & Opportunity Outlook 2033 by Research Nester delivers an in-depth competitor analysis and a detailed overview of the global cold chain logistics market in terms of market segmentation by product, temperature type, application, and by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global cold chain logistics market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

Cold Chain Logistics Market Statistics

·        USD 282 billion revenue in 2022

·        Record USD 1220 billion revenue by 2035

·        The market size slated to observe 15% growth rate through 2023-2035

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Cold Chain Logistics market to find numerous growth opportunities on the back of rising demand for frozen foods, seafood, and perishable products and surge in pharmaceutical sectors, finds Research Nester

The global cold chain logistics market is estimated to grow majorly on account of the increased trade of vaccination and drugs against diseases, such as typhoid, tuberculosis, influenza, Coronavirus, hepatitis, and others. In 2020, the COVID-19 pandemic positively impacted the cold chain industry, resulting in driving the demand for refrigerated warehousing worldwide. 

The market research report also includes other growth factors and challenges that are associated with the growth of the global cold chain logistics market. Some of the major growth indicators are:

Growth Drivers:

·        Rapid Urbanization and Industrialization across the Globe

·        Growth in Processed Food Sectors and Automation of Refrigerated Warehouses

Challenges:

According to recent study by Research Nester, the Cold Chain Logistics Market market size is anticipated to surpass USD 1220Bn by 2035 and is projected to expand at CAGR of over 15% from 2023 to 2035.

Major players include in the global Cold Chain Logistics Market market:

·        U.S. Cold Storage,

·        Americold Logistics LLC,

·         Lineage Logistics Holdings,

·        Versacold Logistics Services,

·        Nichirei Logistics group,

·        Congebec Logistics Inc.,

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Environmental concerns regarding greenhouse gas emission, and insufficiency of proper infrastructure in emerging countries are some of the major factors anticipated to hamper the growth of the global cold chain logistics market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.

The global cold chain logistics market is segmented on the basis of product into refrigerated warehouses and refrigerated transportation. The refrigerated warehouses segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. Changing lifestyle of the consumers is likely to increase demand for packaged food.

By region, the Asia Pacific drug delivery systems market is to generate the highest revenue by the end of 2033. This growth is anticipated by increasing consumption of seafood, dairy products and processed food.

The research is global in nature and covers detailed analysis on the cold chain logistics market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

In addition, analysis comprising of global cold chain logistics market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

The detailed segments and sub-segment of the market are explained below:

By Product

Refrigerated Transport

Refrigerated Warehouse

By Temperature

Frozen

Chilled

By Application

Dairy & Frozen Desserts

Meat & Seafood Products

Bakery & Confectionery

Fruits & Vegetables

Others

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This report also provides the existing competitive scenario of some of the key players of the global cold chain logistics market which includes company profiling of Burris Logistics, Conestoga Cold Storage, Kloosterboer, Cold Box Express Inc., and others.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cold chain logistics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.