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Emergen Research– Increased loss of food, growing demand for perishable food items, increase in the growth of cold chain infrastructure
VANCOUVER, BRITISH COLUMBIA, CANADA, May 9, 2022 /EINPresswire.com/ — The Global Food Cold Chain Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
The Global Food Cold Chain Market is projected to reach USD 526.00 billion in 2027. Technological innovation is expected to drive growth in packaging, processing and storage of seafood products.
Incorporating and processing temperature-sensible goods with cold chain solutions has become a part of supply chain management. Increased trade in perishable goods is expected to fuel demand over the forecast period for these solutions. Cold chain companies are gradually embracing renewable energy technologies like wind and solar to reduce overall operating costs.
The cooling system is used for the prolongation of shelf life and to improve product consistency as part of cold chain solutions. Coolants used in cooling systems pose an environmental hazard because of their high global warming potential (GWP) and ozone depletion capability (ODP).
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The industry is expected to benefit from more strict food safety legislation such as the Modernization Act on Food Security, which calls for greater consideration of the construction of a cool storage facility. The implementation by the Building Research Establishment of Environmental Assessment (BREEAM) of environmental audits programs such as Leadership in Energy and Environmental Design (LEED) will test construction at the initial phase. Therefore, these audit systems can evaluate the operational performance of completed structures.
The temperature-controlled warehouses are extremely energy sensitive because they have a high energy consumption cooling and ventilation system. Nonetheless, improved design will reduce energy consumption and help create net zero energy storage facilities. Smart warehouse automation and control systems are a component in making buildings self-sustainable with net zero electricity. Lower energy consumption greatly decreases running costs and consequently leads to environmental and climatic health.
Further key findings from the report suggest
Connected goods allow companies to establish better consumer ties by differentiating products and going beyond market competition.
The market has gained popularity in developing countries due to a move from improved production to better transport and storage facilities.
The IoT technologies of key importance for the pharmaceutical industry include the control of the cold chain, intelligent packaging, product lifecycle administration, men and material and connected equipment.
The supply chain, allowed by RFID, provides improved productivity and has opened up new opportunities with visibility at product level.
Globalization and a growing number of counterfeit accidents in pharmaceuticals and food safety have prompted governments to implement production and supply regulations. The growing trend of online purchasing of food products and e-commerce in China are key drivers of demand.
To identify the key trends in the industry, click on the link below: https://www.emergenresearch.com/industry-report/food-cold-chain-market
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are: 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.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Food Cold Chain market expected to boost the growth of the industry in the coming years.
For the purpose of this report, Emergen Research has segmented into 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)
Storage
Transportation
Monitoring components
Packaging Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Product
Materials
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Fruits & vegetables
Fruit pulp & concentrates
Dairy products
Fish, meat, and seafood
Processed food
Pharmaceuticals
Bakery & confectionary
Others
Equipment Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Storage equipment
Transportation equipment
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., 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 & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key Benefits of Buying the Global Food Cold Chain Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Food Cold Chain Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Food Cold Chain Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Food Cold Chain Market
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