Cold Chain Logistics Market to Reach $782.27 Billion Globally by 2031 at a CAGR of 14.6%: Allied Market Research

0

Rising number of cold storage warehouses and increased growth in processed food and pharmaceutical sectors are driving the global cold chain logistics market.

PORTLAND, Oregon., March 14, 2022 /PRNewswire/ — Allied Market Research recently released a report titled, “Cold Chain Logistics Market by End-Use Industry (Fruits & Vegetables; Bakery & Confectionery; Dairy & Frozen Desserts; Meat, Fish & Seafood; Drugs & Pharmaceuticals; and Others), Type of (Warehousing and Transportation (Railways, Airways, Roadways, and Waterways): Global Opportunities Analysis and Industry Forecast, 2021-2030 » According to the report, the global cold chain logistics industry has been considered $202.16 billion in 2020, and should reach $782.27 billion by 2030, growing at a CAGR of 14.6% from 2021 to 2030.

Allied_Market_Research_Logo

Key Drivers of Market Growth

Rise in cold storage and growth in processed food sector and pharmaceutical sector have driven the growth of the global cold chain logistics market. However, lack of standardization and high operational costs are hampering the growth of the market. On the contrary, RFID technologies for cold chain applications and the adoption of automated software would open up new opportunities in the future.

Download the report (PDF of 136 pages with information, graphs, tables, figures) at https://www.alliedmarketresearch.com/request-sample/1837

Covid-19 scenario:

  • The Covid-19 outbreak has created uncertainty in the market, slowing down logistics services. In addition, governments have announced strict regulations and closure of industries, closure of borders and restriction of transport and logistics services.

  • The overall logistics services business of the market players declined due to the sharp fall in demand for using enclosures to prevent the risk of contamination.

The fruit and vegetable segment dominates the market

By end-user industry, the fruit and vegetable segment held the largest share in 2021, accounting for more than a quarter of the global cold chain logistics market, owing to the increase in food transportation and of vegetables in different countries in temperature-controlled containers. However, the drug and pharmaceutical segment is expected to register the highest CAGR of 17.7% during the forecast period owing to the increase in developments in the medical and healthcare industry.

Customization request at https://www.alliedmarketresearch.com/request-for-customization/1837

Transportation Segment to Show Highest CAGR through 2030

By business type, the transportation segment is expected to show the highest CAGR of 16.3% from 2021 to 2030, owing to the presence of multiple businesses operating in the cold chain logistics movement from location to location. another. However, the warehousing segment held the largest share in 2020, accounting for more than two-thirds of the global cold chain logistics market, owing to the increase in warehousing and storage activities conducted across the world.

Europefollowed by North Americato manifest highest CAGR by 2030

By region, the market across Europefollowed by North America, is expected to register the highest CAGR of 15.7% during the forecast period, owing to the increase in demand for cold chain based products in the region. However, the global cold chain logistics market across Asia Pacific dominated in 2021, accounting for almost two-fifths of the market, owing to the increase in the presence of numerous service providers operating in the region.

Do you want to acquire the data with a strategy and actionable insights? Find out here at https://www.alliedmarketresearch.com/purchase-enquiry/1837

Main market players

  • Americanold Logistics, LLC

  • Burris Logistics

  • cold box

  • Conestoga Cold Storage

  • Congebec

  • Lineage Logistics Holding, LLC

  • Nichirei Society

  • Tippmann Group

  • Cold storage in the United States

  • VersaCold Logistics Services

Buy the full report now! https://www.alliedmarketresearch.com/checkout-final/82f358b517528c85e36cafa8721012fc

Similar reports we have on the logistics industry:

UK Cold Chain Logistics Market by End User (Fruit & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood, Drugs & Pharmaceuticals, and Others): Opportunity Analysis and Forecast industry, 2019-2030.

Europe Cold Chain Logistics Market by Mode of Transportation (Railways, Airways, Roads & Waterways), End-Use Industry (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat & seafood, drugs and pharmaceuticals, and others), and temperature type (chilled and frozen): Global Opportunities Analysis and Industry Forecast, 2020-2030.

Asia Pacific Cold Chain Logistics Market by Business Type (Cold Chain Storage and Transportation), End-Use Industry (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, meat, fish and seafood, drugs and pharmaceuticals, etc.), product (refrigerators and air conditioning) and technology (air blast and eutectic): opportunity analysis and industry forecast, 2019-2030.

Halal Logistics Market by Component (Storage, Transport, Monitoring Components, Software and Services), Transport (Railways, Roads, Airways and Waterways) and End User (Healthcare, Manufacturing, Trade, Transportation, Telecommunications, Government and Utilities, Banking and Financial Services, Retail, Media and Entertainment, and Information Technology): Global Opportunities Analysis and Industry Forecast, 2021-2030.

Refrigerated Trailers Market by Type (Frozen Food and Refrigerated Food) and End User (Dairy, Fruit & Vegetable, Meat & Seafood, and Others) – Global Opportunity Analysis and Industry Forecast, 2014-2030.

Logistics Market by Mode of Transport (Railways, Airways, Roads and Waterways) and End Use (Healthcare, Manufacturing, Aerospace, Telecommunications, Utilities and Government, Banking and Financial Services, Retail, Media and Entertainment) , technology, trade and transportation, and others): Global opportunity analysis and industry forecast, 2017-2030.

About Us

Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, OR. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. CEO of Allied Market Research Pawan Kumar is essential to inspire and encourage everyone associated with the business to maintain high quality data and help customers in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
United States/Canada (Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
hong kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
The Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
follow us on | Facebook | Twitter | LinkedIn |

Quote

Quote

View original content: https://www.prnewswire.com/news-releases/cold-chain-logistics-market-to-hit-782-27-billion-globally-by-2031-at-14-6-cagr – allied-market-research-301501909.html

SOURCE Allied Market Research

Share.

Comments are closed.