increasing cold chain infrastructure growth is driving market demand
VANCOUVER, BC, CANADA, March 2, 2022 /EINPresswire.com/ — The global food cold chain market is expected to reach USD 526.00 billion in 2027. Technological innovation is expected to drive the growth of the packaging, processing and storage of seafood products.
Incorporating and processing temperature-sensitive goods with cold chain solutions has become an integral part of supply chain management. Rising trade in perishables is expected to fuel demand over the forecast period for these solutions. Cold chain companies are gradually adopting renewable energy technologies like wind and solar to reduce overall operating costs.
The cooling system is used to extend shelf life and to improve product consistency as part of cold chain solutions. Coolants used in cooling systems pose an environmental risk due to their high global warming potential (GWP) and ozone depletion capacity (ODP).
Based on an in-depth analysis, the research also sheds light on major facts regarding vital aspects such as market share, size, and growth rate. A deep dive into other aspects, including investment feasibility, demand and supply, import and export status, supply chain management and growth prospects, says a lot about what will be the business environment for the forecast period, 2021 – 2028. All the vital statistics in the report is explained with the help of resources like tables, charts and infographics.
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The industry stands to benefit from stricter food safety legislation, such as the Food Safety Modernization Act, which calls for greater thought on the construction of a cold storage facility. The Building Research Establishment of Environmental Assessment (BREEAM) implementation of environmental auditing programs such as Leadership in Energy and Environmental Design (LEED) will test the construction in the initial phase. Therefore, these audit systems can assess the operational performance of completed structures.
The main objective of the report is to offer market overview, product scope, growth prospects and risks. The report also offers detailed information about each player in the global Food Cold Chain market along with their global position, financial status, product launch, business expansion plans, among others. Market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies Featured in the Global Food Cold Chain Market:
Americold Logistics LLC, Burris Logistics, Inc., Agro Merchant Group, Cloverleaf Cold Storage, Lineage Logistics, LLC, Henningsen Cold Storage Company, Nordic Logistics, Swire Group, Preferred Freezer, and Wabash National, among others.
Other key findings from the report suggest
Connected goods allow companies to better connect with consumers by differentiating products and going beyond market competition.
The market has gained popularity in developing countries due to the shift from improved production to better transportation and storage facilities.
IoT technologies of key importance to the pharmaceutical industry include cold chain control, smart packaging, product lifecycle management, people and connected materials and equipment.
The supply chain, enabled by RFID, offers improved productivity and has opened up new opportunities with product-level visibility.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
The impact of COVID-19:
To some extent, the COVID-19 pandemic may threaten the development of the industry. The major players in this space are cautious about the outlook for the industry and seek to find innovative ways of sustainability. The medical enterprise has had an effect on the pandemic and several large factories have had to avoid manufacturing and undertake other operations. Due to regular blockages, services in different parts of the world are lacking. In COVID-19, trade, exports and imports from elsewhere in Europe have decreased significantly. The world’s largest companies continue to clean up their finances and maintain cash reserves. People will surely lose their real disposable income, and farmers are trying to find new solutions to meet a considerably lower cost demand in the market.
To learn more about the short and long term impact of COVID-19 on this market, please visit: https://www.emergenresearch.com/industry-report/food-cold-chain-market
For the purposes of this report, Emergen Research has segmented the global food cold chain market on the basis of type, packaging, equipment, application, and region:
Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Packaging Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Fruits and vegetables
Fruit pulp & concentrates
Fish, meat and seafood
Bakery & confectionery
Equipment Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
The subject matter experts behind the study dive deep into the competitive landscape to assess the top performers across the globe and uncover the strategies that have given them a competitive edge over others operating in the chain industry cold food. Other vital aspects including market share, size and growth rate for the forecast period, 2021-2028 is also an important study and a valuable resource for business owners, stakeholders and staff marketers who plan to focus on their business strategy.
The regional segmentation includes current and forecast estimation of the market in key geographical regions such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
The detailed regional analysis covers:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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Key Features of the Food Cold Chain Market Report:
The report provides details about key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats.
The report contains details of key companies, product portfolio along with specifications, production valuation and market shares.
Assessment of key current and emerging market trends and growth prospects
It also offers research-based estimations for the eight-year forecast period, mainly to estimate the potential growth of the market.
Brief overview of the industry as it relates to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands and current market scenario
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