Covid-19 Updates | Food Cold Chain Market Size is projected to reach USD 526.00 billion in 2027
Increased loss of food, growing demand for perishable food items, increase in the growth of cold chain infrastructure are driving the demand for the market.
According to Emergen Research, Food Cold Chain Market Size 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.
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).
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.
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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 industry is expected to benefit from stricter 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 study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions.
The investigative study assesses the global Food Cold Chain market with regards to market size, market share, and revenue. Furthermore, the report also assesses the market based on market reach and consumer base in the key geographical regions of the world.
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The report offers an industry-wide and economy-wide analysis of the market along with supply and demand dynamics, sales, and production and manufacturing capacity. It also reviews the rate of production and consumption, sales network and distribution channel, pricing analysis, profit margins, cost and demand volatility, import/export, gross revenue, among others.
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.
The global Food Cold Chain market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Food Cold Chain market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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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.
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:
- Packaging Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Fruits & vegetables
- Fruit pulp & concentrates
- Dairy products
- Fish, meat, and seafood
- Processed food
- Bakery & confectionary
- Equipment Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Storage equipment
- Transportation equipment
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