Global Cold Chain Market to reach USD 553.13 billion by 2027.Global Cold Chain Market is valued approximately at USD 210.49 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 14.8% over the forecast period 2021-2027. Cold chain is a combination of temperature-controlled surface transport and supply chain. It provides freezing solutions to maintain the quality and shell life of the products, such as fresh agricultural produce, seafood, photographic film, frozen food, chemicals, and pharmaceutical drugs. Increase in refrigerated warehouses, growth in pharmaceutical sector and favorable government initiatives are driving the growth of cold chain market. For instance, according to India Brand Equity Foundation (IBEF) report of 2020, in September 2020, the Ministry of Food Processing Industries (India) approved 28 new cold chain infrastructure projects under the ???Pradhan Mantri Kisan SAMPADA Yojana' (PMKSY), to reduce food waste and boost the export potential of the local agri-food sector by providing Rs. 2.08 billion (US$ 28 million) aid from the central government. Furthermore, rising demand for perishable goods associated with e-commerce based food and delivery market is expected to drive the market positively in future. However, high operational cost of cold chains may hamper the growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World ae considered for the regional analysis of the global Cold Chain Market. Europe is dominating across the world among above mentioned regions in terms of market share due to rising demand for the cold chain owing to a continuous in domestic consumption of perishable goods. Whereas Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to penetration of warehouse management systems and increasing government investments for logistics infrastructure development.
Major market player included in this report are:

Alpek S.A.B. de C.V.
Bombay Dyeing
Diyou Fibre (M) Sdn Bhd
Far Eastern Group
Indorama Ventures Public Company Limited
Nirmal Fibres (P) Ltd.
Reliance Industries Limited
Shubhalakshmi Polyesters Ltd
Tongkun Group Co., Ltd.
W. Barnet GmbH & Co. KG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Storage
Transportation
Monitoring Components
By Packaging:
Product
Materials
By Equipment:
Storage Equipment
Transportation Equipment
By Application:
Fruits & Vegetables
Fruit Pulp & Concentrates
Dairy Products
Fish, Meat, and Seafood
Processed Food
Pharmaceuticals
Bakery & Confectionary
Others (Ready-to-Cook, Poultry)


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Cold Chain Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors