Cold Chain Market Poised A Staggering Growth Worth $447.50 Billion By 2025 – Technological Advancements, Key Companies And Future Roadmap | Grand View Research, Inc.

Cold Chain Market Poised A Staggering Growth Worth $447.50 Billion By 2025 - Technological Advancements, Key Companies And Future Roadmap | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to Grand View Research, Inc. the Cold Chain Market poised a staggering growth with the launch of Covid-19 vaccines. It is extremely vital to store these vaccines at an optimal temperature for their successful mass distribution.

The global cold chain market size is estimated to reach USD 447.50 billion by 2025 and is anticipated to exhibit a CAGR of 15.1%. Technological advancements made in the processing, packaging and storage of seafood products are projected to drive growth. Furthermore, cold chain solutions have become an integral part of the storage and transportation of temperature-sensitive products supply chain management.

Mist of the Covid-19 live virus vaccines can only tolerate freezing temperatures and can easily deteriorate once removed from storage. In the fight against the Covid-19 pandemic, governments have come up with mass immunizations as the best solution to stop the spread across the world. The U.S. Centers for Disease Control and Prevention (CDC) says that safe and reliable vaccine storage technologies have become essential for a fruitful immunization drive. 

Cold Chain Market Report Highlights

 Based on type, monitoring components is showcasing a promising growth due to the technological advancements and the rising need to ensure the efficiency, integrity, and safety of shipments

Based on packaging, the product segment consists of a detailed analysis of labels, insulated containers and boxes, crates, cold packs, and temperature-controlled pallet shippers

The key insulating materials include Expanded Polystyrene (EPS), Polyurethane (PUR), cryogenic tanks, Vacuum Insulated Panel (VIP), and others

Based on application, the processed food segment is set to register the highest CAGR over the forecast period due to the continued innovations made in packaging materials to increase shelf life of foods

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Cold Chain Market Segmentation

Grand View Research has segmented the global cold chain market on the basis of type, packaging, equipment, application, and region:

Cold Chain Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Storage

    • Warehouses

    • Reefer Containers

  • Transportation

    • Road

    • Sea

    • Rail

    • Air

  • Monitoring components

    • Hardware

      • Sensors

      • RFID devices

      • Telematics

      • Networking devices

    • Software

      • On-premise

      • Cloud-based

Cold Chain Packaging Outlook (Revenue, USD Million, 2014 – 2025)

  • Product

    • Crates

      • Dairy

      • Pharmaceutical

      • Fishery

      • Horticulture

    • Insulated containers & boxes

      • Type

        • Cold chain bags/vaccine bags

        • Corrugated boxes

        • Others

      • Payload size

        • Large (32 to 66 liters)

        • Medium (21 to 29 liters)

        • Small (10 to 17 liters)

        • X-small (3 to 8 liters)

        • Petite (0.9 to 2.7 liters)

      • Cold packs

      • Labels

      • Temperature-controlled pallet shippers

  • Materials

    • Insulating materials

      • EPS

      • PUR

      • VIP

      • Cryogenic tanks

      • Others (insulating pouches, hard cased thermal boxes, and active thermal systems)
    • Refrigerants

      • Fluorocarbons

      • Inorganics

        • Ammonia

        • CO2

      • Hydrocarbons

Cold Chain Equipment Outlook (Revenue, USD Million, 2014 – 2025)

  • Storage equipment

    • On-grid

      • Walk-in coolers

      • Walk-in freezers

      • Ice-lined refrigerators

      • Deep freezers

    • Off-grid

      • Solar chillers

      • Milk coolers

      • Solar powered cold boxes

      • Others (solar refrigerators and products related to solar panels)

  • Transportation equipment

Cold Chain Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Fruits & vegetables

    • Fruit pulp & concentrates

    • Dairy products

      • Milk

      • Butter

      • Cheese

      • Ice cream

    • Fish, meat, and seafood

    • Processed food

    • Pharmaceuticals

      • Vaccines

      • Blood banking

    • Bakery & confectionary

    • Others (ready-to-cook, poultry)

Cold Chain Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • Italy

    • Spain

    • France

  • Asia Pacific

    • India

    • China

    • Singapore

    • South Korea

    • Japan

  • Middle East

    • UAE

    • Saudi Arabia

    • Israel

  • Africa

    • South Africa

    • Nigeria

    • Egypt

    • Kenya

  • South America

    • Brazil

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Browse More Related Report:

Pharmaceutical Logistics Market Size, Share & Trends Analysis Report By Type (Cold Chain Logistics, Non-cold Chain Logistics), By Component (Storage, Transportation), By Region, And Segment Forecasts, 2020 – 2027

Cold Chain Monitoring Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Logistics (Storage, Transportation), By Application, By Region, And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

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