Cold Storage Market Analysis, Trends & Future Scope to 2025

Felton, California , USA, Jan 12 2022 — /EPR Network/ — The “Cold Storage Market” report gives a massive source to analyze the industry and other fundamental technicalities identifying with it. The examination discloses the total assessment and veritable parts of the Cold Storage market. This study exhibits a straightforward outline of the industry, that integrates applications, blueprints, industry chain structure, and definitions. This report prepares a case for investments in different regions based on a practical view of their regulatory outline, manufacturing dynamics, and availability of skills and resources in that region.

 

Global Cold Storage Market is predicted to reach USD 212.54 billion by 2025 owing to the increasing retail sector in the emerging countries across globe. Cold storage is a room with low temperature maintained by using machinery and appropriate equipment. India, a developing economy is observed as a special geography with a wide range of quality soil that can produce various types of vegetables & fruits along with marine products in huge quantities in coastal areas.

 

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The cold storages play a very important role in extending the shelf life, marketing period, avoiding excess supply and reducing transport bottlenecks in the high time of production and maintaining production quality. In short, cold storages are essential for minimizing the wastage of perishable items and hence offering remunerative prices to the farmers and producers. The ever-growing population and the demand for food products are expected to boost cold storage market with a CAGR of 12.4% in coming years.

 

The retail sector in the emerging economies are progressively getting organized. The licensed retailers of the organized retail industry sells products of different varieties. As compared to the traditional provisions, the organized retail provisions use improved storage technology and better refrigeration techniques. These factors are predicted to augment the cold storage market in near future.

 

However, the lack of infrastructure required for market development is the major challenge for the cold storage market players to expand in the emerging markets. Moreover, shortage of power hook-ups for reefer trailers at transportation centers and ports with inconsistent power supply for cold storages are expected to increase the operation costs.

 

Geographically, the cold storage industry is segmented as North America, South America, Europe, Asia Pacific and Middle East & Africa. Asia pacific is expected to dominate the cold storage market in near future owing to the growth in the refrigerated storage capacity. Especially, Indian market is predicted to hold less than half of the entire cold chain capacity to meet its current requirements.

 

The key cold storage market player profiled here are Americold Logistics LLC, Al Rai Logistica K.S.C, Agro Merchants Group, Burris Logistics, Barloworld Limited, Cloverleaf Cold Storage, Gulf Drug LLC, Henningsen Cold Storage Company, Kloosterboer, Lineage Logistics, Nordic Logistics, Oxford Logistics Group, Oceana Group Limited, Preferred Freezer, RSA Logistics, Swire Group, VersaCold Logistics Services, United States Cold Storage Inc., Wared Logistics and Wabash National Corporation.

 

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