Cold chain Market accounted for USD 178.3 billion in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors: Global Cold Chain Market
Some of the major players in the global cold chain market are Americold, Preferred Freezer Services, Burris Logistics, Lineage Logistics Holdings, LLC, NICHIREI CORPORATION, Swire Cold Storage Ltd, AGRO Merchants Group, Cloverleaf Cold Storage, Kloosterboer, Interstate Cold Storage, Inc, AGRO Merchants Group, Hanson Logistics, HENNINGSEN COLD STORAGE CO., Interstate Cold Storage, Inc., Trenton Cold Storage, Burris Logistics, A.B. Oxford Cold Storage Pty. Ltd., VersaCold Logistics Services, among others.
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This market report defines the market trends and forecast the upcoming opportunities and threats of the cold chain market in the next 8 years. Cold chain is the combined system for the storage and transportation of vaccines at optimum temperature from the point of manufacture to the point of use. It plays a vital role in temperature management for the perishable products and maintains the quality and safety of the perishable products through distribution chain to the final consumer. Cold chain is widely applicable in fruits & vegetables, bakery & confectionery, dairy & frozen desserts, fish, meat, and seafood and others.
Competitive Landscape: Global Cold Chain Market
The global cold chain market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Market Segmentation: Global Cold Chain Market
Major Market Drivers and Restraints:
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