The global cold storage market is projected to grow at steady CAGR over the forecast period (2018 to 2022), according to a report available on Radiant Insights, Inc. Growth of organized retail stores offering frozen and chilled food products can spur demand for cold storage. It can be used to store variety of food products under specific low temperature.
Increasing consumption of convenient processed food among consumers can stimulate growth of market. Supportive government regulations towards production and supply of processed food can stimulate market expansion. Rising adoption of automated machines in warehouses to enhance work efficiency can also drive cold storage market during the forecast period (2018 to 2022).
To cater to rising demand for cold storage, most companies are expected to develop advanced storage techniques to increase shelf life of stored food products. For instance, Ice Make Refrigeration Limited recently launched solar powered cold storage unit. The company is expecting good response for its energy efficient and environment-friendly warehouse. This new cold room is expected to offer storage capacity of 4-5 metric ton. In addition, shelf life of this solar powered cold room is estimated to be 7-10 years. Hence, it can come beneficial for farmers in rural areas.
The cold storage market can be segregated on the basis of construction type, warehouse type, temperature type, application, and region. Based on construction type, the market can be categorized into production stores, bulk storage, and ports. Based on warehouse type, the market can be bifurcated into private & semi-private and public. In 2016, public segment held largest market share in terms of revenue. It is predicted to grow at similar pace in the forthcoming years.
In terms of temperature, the market can be divided into frozen and chilled. In 2016, frozen segment dominated the market and accounted for significant market share in terms of revenue. Warehouse under frozen segment are expected to maintain storage temperature ranging from minus 10 to minus 20 degree Fahrenheit. Hence, they can be used to store fruits, vegetables, fish seafood, meat, and other products. It is expected to grow at significant pace over the forecast period attributed to support for microwave cooking and advanced packaging.
On the basis of application, the cold storage market can be classified into dairy, fruits & vegetables, fish, meat & seafood, pharmaceuticals, and processed food. Fish, meat, & seafood segment is expected to bode well for market growth attributed to technological developments in packaging of seafood. In addition, rising production of fish can impel growth of segment in the forthcoming years.
Similarly, processed food segment is anticipated to account for highest growth rate during the forecast period. Continual technological advancements in food packaging materials can augment growth of segment.
Regional segmentation includes Asia Pacific, North America, and Europe. In 2016, North America dominated the market and accounted for highest market share. Growing investments to improve logistics infrastructure and create powerful network of warehouses can augment regional growth. Frequently changing government regulations regarding restructuring of customs program can stimulate regional expansion during the forecast period.
Request a Sample Copy of This Report:https://www.radiantinsights.com/research/global-cold-storage-market-research-report-2018/request-sample
In Asia Pacific, the cold storage market is predicted to grow at significant pace over the forecast period. Increasing consumption of fresh vegetables, fruits, and dairy products by consumers can augment regional growth. Supportive initiatives from local governments to develop infrastructure and promote food retail chains can augment market expansion in the region.
Some of the leading companies operating in the cold storage market are Burris Logistics, Cloverleaf Cold Storage, Americold Logistics LLC, Wabash National Corporation, and Agro Merchants Group.
The report includes six parts, dealing with:
1.) Basic Information;
2.) Asia Cold Storage Market;
3.) North American Cold Storage Market;
4.) European Cold Storage Market;
5.) Market Entry and Investment Feasibility;
6.) Report Conclusion.
Table of Contents
Part I Cold Storage Industry Overview
Chapter One Cold Storage Industry Overview
1.1 Cold Storage Definition
1.2 Cold Storage Classification Analysis
1.2.1 Cold Storage Main Classification Analysis
1.2.2 Cold Storage Main Classification Share Analysis
1.3 Cold Storage Application Analysis
1.3.1 Cold Storage Main Application Analysis
1.3.2 Cold Storage Main Application Share Analysis
1.4 Cold Storage Industry Chain Structure Analysis
1.5 Cold Storage Industry Development Overview
1.5.1 Cold Storage Product History Development Overview
1.5.1 Cold Storage Product Market Development Overview
1.6 Cold Storage Global Market Comparison Analysis
1.6.1 Cold Storage Global Import Market Analysis
1.6.2 Cold Storage Global Export Market Analysis
1.6.3 Cold Storage Global Main Region Market Analysis
1.6.4 Cold Storage Global Market Comparison Analysis
1.6.5 Cold Storage Global Market Development Trend Analysis
Chapter Two Cold Storage Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Upstream Raw Materials Price Analysis
2.1.2 Upstream Raw Materials Market Analysis
2.1.3 Upstream Raw Materials Market Trend
2.2 Down Stream Market Analysis
2.1.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis
Browse reports of similar category available with Radiant Insights, Inc.:
Screw Pump Market:-https://www.radiantinsights.com/research/global-screw-pump-market-research-report-2018
Paraffin-Embedded Machine Market:- https://www.radiantinsights.com/research/global-paraffin-embedded-machine-market-research-report-2018
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: Send Email
Phone: (415) 349-0054, Toll Free: 1-888-928-9744
Address:201 Spear Street 1100, Suite 3036
City: San Francisco
Country: United States