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Global Cold Chain Market 2017-2021

Global Cold Chain Market 2017-2021

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 help in the transportation and storage of temperature-sensitive goods. Extensive logistics planning ensures the integrity of these goods. The term cold chain refers to the process of transportation and storage of products and commodities at optimal temperatures. It is a temperature-controlled supply chain process used to maintain ideal storage conditions for different products and commodities. It provides temperature-controlled warehouses for surface storage and refrigerated transport vehicles for physical distribution of products at optimal temperatures. It is used widely to store and transport fruits, vegetables, drugs, and medicines without spoilage. Cold storage increases shelf life and maintains product quality. Cold chain service providers also offer various value-added services that improve the efficiency of the supply chain management (SCM) process.

Technavio’s analysts forecast the global cold chain market to grow at a CAGR of 12.41% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cold chain market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed profiling of the key market participants across the value chain of global cold chain market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cold Chain Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.

Key vendors
  • AmeriCold Logistics
  • Lineage Logistics
  • Preferred Freezer Services
  • Swift Transportation
  • John Swire & Sons
Other prominent vendors
  • A.B. Oxford
  • Nichirei Logistics Group
  • Kloosterboer
  • VersaCold Logistics Services
  • Partner Logistics
  • Nordic Logistics and Warehousing
  • Cloverleaf Cold Storage
  • Conestoga Cold Storage
  • Congebec
  • Burris Logistics
  • Snowman Logistics
  • Hanson Logistics
  • Henningsen Cold Storage
  • Interstate Cold Storage
  • Trenton Cold Storage
Market driver
  • Demand for security of pharmaceutical supply chain.
  • For a full, detailed list, view our report
Market challenge
  • High cost of diesel and fuel maintenance.
  • For a full, detailed list, view our report
Market trend
  • Integration of GPS tracking and temperature monitoring systems.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are in this market space?
  • What are the market opportunities and threats faced by the key vendors??
  • What are the strengths and weaknesses of the key vendors??


Press Release

Technavio Announces the Publication of its Research Report – Global Cold Chain Market 2017-2021

Technavio recognizes the following companies as the key players in the global cold chain market: AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, Swift Transportation, and John Swire & Sons.

Other Prominent Vendors in the market are: A.B. Oxford, Nichirei Logistics Group, Kloosterboer, VersaCold Logistics Services, Partner Logistics, Nordic Logistics and Warehousing, Cloverleaf Cold Storage, Conestoga Cold Storage, Congebec, Burris Logistics, Snowman Logistics, Hanson Logistics, Henningsen Cold Storage, Interstate Cold Storage, and Trenton Cold Storage.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is provision for end-to-end integrated services. Several cold chain service providers have recently started to offer end-to-end integrated services to end-users in the global refrigerated warehousing market. They are providing cold chain management services to customers and participating in their decision-making processes. Many service providers offer end-to-end cold chain management services like inventory management, order scheduling, order forecasting, warehousing, and delivery management. Disaster recovery services that enable customers to track consignments and help them communicate with the entire supply chain are also offered by vendors. In addition, some vendors provide training sessions for all the personnel involved in the cold chain logistics. Thus, the increase in the provision of end-to-end integrated services by vendors is another trend that is expected to have an impact on the global cold chain market during the forecast period.”

According to the report, one driver in market is rise in trade of frozen food and sea food products. The demand for seafood continues to increase globally, and the significant population growth in China, India, and Brazil constitutes an important demand driver in the frozen fish and seafood industry. Increased demand for seafood has led to a rise in its imports and exports among countries, which require cold storage and transportation. China and Norway were the largest exporters of seafood in 2015. China's exports amounted to $20 billion and Norway exported $10 billion worth of seafood products. While China exported to almost all countries, Norway's exports were mostly to European nations. Fresh salmon constituted most Norway's fish and seafood exports. We estimate that China's exports will grow at a CAGR of 15.68% over the forecast period. The European Union (EU) was the largest importer of seafood, importing worth $26 billion. In seafood imports, the EU was followed by the US and Japan, in which the US imported products worth $19 billion in 2015.

Further, the report states that one challenge in market is high cost of diesel and fuel maintenance. Use of diesel fuel is harmful to the environment as it releases black soot that contaminates the air particles and the surroundings. The cost of diesel fuel is also a major concern for refrigerated truck manufacturers. On an average, diesel power refrigeration unit consumes about 3.5 to 4.5 liters of diesel, per hour, costing approximately $1.00 -$1.50 per liter. An average input of 3,000 hours in a year, the cost of fuel for a conventional refrigeration unit will cost $12,000. The maintenance cost of refrigeration units is also expensive due to the complexity of the unit. On an average, the maintenance cost of refrigerated trucks will be $6,500 in a year. Though many vendors in the market have shifted to alternative and cost-effective methods, such as nitrogen systems, most the vendors are still highly dependent on diesel fuel. Nitrogen systems used by many refrigeration transport units cost upwards of $8,000 per year, and almost 55%-60% of the maintenance costs gets reduced.

Companies Mentioned

AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, Swift Transportation, John Swire & Sons, A.B. Oxford, Nichirei Logistics Group, Kloosterboer, VersaCold Logistics Services, Partner Logistics, Nordic Logistics and Warehousing, Cloverleaf Cold Storage, Conestoga Cold Storage, Congebec, Burris Logistics, Snowman Logistics, Hanson Logistics, Henningsen Cold Storage, Interstate Cold Storage, and Trenton Cold Storage.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Value chain analysis of the cold chain logistics
  • Market landscape
    • Market overview
      • Table Cold chain logistics process in food industry
      • Table Global cold chain market landscape
    • Market size and forecast by revenue
      • Table Global cold chain market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Table Segmentation of global cold chain market by type
    • Segmentation of global cold chain market by type
      • Table Segmentation of global cold chain market by type 2021
    • Global cold chain market by type 2016-2021
      • Table Global cold chain market by type 2016-2021 ($ billions)
    • Global refrigerated warehouse market
      • Table Global refrigerated warehousing market 2016-2021 ($ billions)
    • Global refrigerated transportation market
      • Table Global refrigerated transportation market 2016-2021 ($ billions)
  • Market segmentation by application
    • Global cold chain market by application
      • Table Market attractiveness by type of application
      • Table Global cold chain market by application 2016 and 2021 (revenue %)
      • Table Global cold chain market by application 2016-2021 ($ billions)
    • Global meat, fish, and seafood cold chain market
      • Table Global meat, fish, and seafood cold chain market 2016-2021 ($ billions)
    • Global dairy and frozen desserts cold chain market
      • Table Global dairy and frozen desserts cold chain market 2016-2021 ($ billions)
    • Global fruits, vegetables, and beverages cold chain market
      • Table Global fruits, vegetables, and beverages cold chain market 2016-2021 ($ billions)
    • Global bakery and confectionery cold chain market
      • Table Global bakery and confectionery cold chain market 2016-2021 ($ billions)
    • Global healthcare cold chain market
      • Table Global healthcare cold chain market 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Five forces analysis by geography
    • Global cold chain market by geography
      • Table Global cold chain market by geography 2016 and 2021 (revenue %)
      • Table Global cold chain market by geography 2016-2021 (revenue %)
      • Table Global cold chain market by geography 2016-2021 ($ billions)
      • Table Market attractiveness by geography
    • Cold chain market in Americas
      • Table Cold chain market in Americas 2017-2021 ($ billions)
    • Cold chain market in EMEA
      • Table Cold chain market in EMEA 2016-2021 ($ billions)
    • Cold chain market in APAC
      • Table Cold chain market in APAC 2017-2021 ($ billions)
  • Buying criteria
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global frozen food market 2015-2020 ($ billions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • AmeriCold Logistics
      • Table Recent developments
    • Lineage Logistics
      • Table Recent developments
    • Preferred Freezer Services
      • Table Recent developments
    • John Swire & Sons
      • Table Recent developments
    • Swift Transportation
      • Table Swift Transportation: Business segmentation 2015 (% revenue)
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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