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New report highlights the food industry’s global cold chain market, with a focus on third-party logistics providers and their approaches to storage and transport of chilled/frozen foods.
The market research report is available in Reportlinker.com’s catalogue and is titled “Cold Chain Market for Food Industry (With a focus on 3PL Service Providers) By Types (Storage & Transport), Product Types (Chilled & Frozen), Applications (Fruits & Vegetables, Bakery, Dairy & Sea Foods) & Geography: Global Trends & Forecasts to 2017.”
As World Trade 100 readers already know, cold chain logistics is mainly applied to chilled and frozen foods in order to maintain the quality and increase the shelf life. After the 2010 economic slowdown, a major shift was observed in frozen food industry due to increased investments of the large players in this sector. Various initiatives taken by various governments have also drastically affected this market positively.
Due to the requirement of more cold storage and transport facilities, the leading players are gradually shifting towards emerging markets such as Asia and Latin America, says the report. This shift is also majorly influenced by changing preferences and tastes of the consumers in the existing market. Strategic acquisitions with smaller local companies are made by these players to enter the untapped market.
According to the report, the global cold chain market has a tremendous growth potential. North America is the largest market for cold chain logistics. The growth is also attributed to the growing demands for chilled and frozen foods and major increase in trading activities due to globalization. Growing demand for frozen food products from western countries has also triggered the frozen food industry.
Due to technological improvements, the largest producers of fruits and vegetable and dairy products are heading towards more exports of frozen foods. The U.S. forms the largest market in frozen food industry due to excessive demand for frozen food products. In Europe, Germany is one of the largest markets due to the increased consumption of frozen foods.
The report provides full analysis of the world’s leading players in the cold chain logistics industry, the key products stored and transported with the major shares, with “a clear insight and commentary on the developments and trends.”
With the huge market potential and growth, the market is likely to witness a speedy change in frozen food industry. The market is predicted to continue flourishing in the developing regions. Major shift in cold chain market is anticipated to come from emerging markets.
Cold chain specifically allows maintaining the physical and bio-chemical properties of the frozen foods, regulating the market price of the products in off-season. Also it avoids the loss of the products and reduces the wastage which supplements in increasing the income of the producers or the manufactures.
This report focuses on the global cold chain service providers market. This research categorizes the global cold chain market on the basis of types, product types, applications, and geography. Concerning geography, the report covers North America, Europe and Asia-Pacific. It focuses primarily on cold storage and cold transport for both chilled and frozen foods. Those various foods include fruits and vegetables; bakery and confectionery; dairy and frozen desserts; fish, meat and seafood.
To order the 244 page report, visit the Report Linker page here.