London, 22 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Cold Chain Market 2015-2019, which is expected grow at a CAGR of 15.75 percent in terms of revenue and 10.53 percent in terms of volume during the forecast period of 2014-2019.
Cold chain logistics have witnessed an evolutionary change over the past few years. The services provided have transformed from the mere storage of food products in cold storage warehouses and their refrigerated transportation to the provision of value-added services to customers.
“Several cold chain service providers have recently started to offer end-to-end integrated services to end-users in the Global Cold Chain market,” says Faisal Ghaus, Vice President of TechNavio.
“Many service providers offer end-to-end cold chain management services such as inventory management, order scheduling, order forecasting, warehousing, and delivery management.”
Key Market Drivers
- Increased Need to Reduce Food Wastage
- Growth of Frozen Food Segment
- Growth of Organized Retail Sector
- Increased Demand from Agricultural Industry
Key Market Trends
- Increased Demand from Emerging Economies
- Increased Provision of End-to-end Integrated Services
- Increase in Global Population
- Increased Concerns Regarding Energy Consumption
- Growth of Global Frozen Bakery Market
- Growth of Global Seafood Market
Key Market Vendors
- AmeriCold Logistics LLC
- Lineage Logistics LLC
- Preferred Freezer Services LLC
- John Swire & Sons
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
