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Cold Storage Market Profile | Demand, Cost and Profit Till 2025

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anjali varma
Cold Storage Market Profile | Demand, Cost and Profit Till 2025

Global Cold Storage Market is predicted to reach USD 212.54 billion by 2025 owing to the increasing retail sector in the emerging countries across globe. In short, cold storages are essential for minimizing the wastage of perishable items and hence offering remunerative prices to the farmers and producers.

The ever-growing population and the demand for food products are expected to boost cold storage market with a CAGR of 12.4% in coming years. The retail sector in the emerging economies are progressively getting organized.

Moreover, shortage of power hook-ups for reefer trailers at transportation centers and ports with inconsistent power supply for cold storages are expected to increase the operation costs.

On the other hand, these restraints also provide opportunities to the cold storage market players to introduce innovative solutions or implement alternative energy sources to overcome the unpredictable power supply in developing regions.

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anjali varma
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