Cold Chain Market in Europe 2015-2019
About Cold Chain
A cold chain is a type of supply chain that involves the storage and transportation of temperature-sensitive goods. Thermal and refrigerated packaging methods are used to help with the transportation and storage of temperature-sensitive goods; extensive logistics planning ensures the integrity of these goods.
Technavio's analysts forecast the cold chain market in Europe to grow at a CAGR of 12.2% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the cold chain market for the period 2015-2019. To calculate the market size, the report considers revenue generated by third-party cold chain logistic providers. The market size is also calculated based on revenue generated from refrigerated warehousing and refrigerated transportation of temperature-sensitive food products.
Technavio's report, Cold Chain Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Western Europe and Eastern Europe; it also covers the cold chain market landscape in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Cold Chain Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in the Cold Chain Market in Europe: Bring Frigo, Gruppo Marconi, Kloosterboer, MUK Logistik, Nichirei Logistics and Partner Logistics
Other Prominent Vendors in the market are: AGRO Merchants Group, Blokland Cold Stores B.V., C & M Cold Stores Ltd., Claus Sørensen A/S, Coldstar, Colfridis Invest NV, Fresh Logic Pltd., Frio Puerto Valencia, S.L. and Frissul – Entrepostos Frigorificos, S.A.
Commenting on the report, an analyst from Technavio’s team said: “Vendors are looking toward unified solutions and not just focusing on warehousing and transportation as a stand-alone service. Retailers are focusing on integrated logistics for their overall procurement. Third-party logistics providers based out of Eastern Europe are developing their infrastructure by networking the hubs and distribution centers. Emphasis is on taking a proactive approach to the cold chain with customer-centric service rather than just providing independent transportation or storage services. A fully integrated supply chain is essential as the cold chain logistics major function is to deliver food products at the right temperature and quality.”
According to the report, chilled and deep-frozen food consumption has increased across Europe and has resulted in growth of the temperature-controlled logistics market. Advanced packaging techniques have improved the shelf life of food products leading to transportation of food products to distant places. Chilled food and frozen food are the fastest growing segments in the food industry with increasing adoption of such food across Europe. Ease of use, microwaveability, and longer shelf life are driving acceptance of such foods.
Further, the report states that rough handling, deviation from required temperature, and break down of refrigeration system either in warehouses or transport vehicles are the major challenges for this market.
Bring Frigo, Gruppo Marconi, Kloosterboer, MUK Logistik, Nichirei Logisticsm, Partner Logistics, AGRO Merchants Group, Blokland Cold Stores B.V., C & M Cold Stores Ltd., Claus Sørensen A/S, Coldstar, Colfridis Invest NV, Fresh Logic Pltd., Frio Puerto Valencia, S.L., Frissul – Entrepostos Frigorificos, S.A.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook