Cold Chain Equipment Market By Equipment Type (Storage Equipment, Transportation Equipment), By End-User (Meat & Seafood, Vegetable & Fruits, Bakery & Confectionery, Dairy Products, Medical) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

Cold chain equipment are refrigerating equipment used across the cold chain for preserving and transporting frozen foods, pharmaceutical drugs, chemicals and several other temperature sensitive products. Some of the popular equipment used in cold chain include vaccine carriers, ice packs, cold boxes, cool packs, refrigerators, refrigerator trucks & cars, reefer ships & containers, refrigerated warehouses and several others. These are designed to store and transport a wide array of products including frozen food (meat, fish), dairy products, bakery products, medical products, chemicals and several others.

The overall cold chain equipment market is primarily driven by the rising consumption of frozen food worldwide. Due to changing food habits and increased spending on food, the demand for frozen foods is projected to remain strong in the following years. Additionally, growing number of restaurant chains and retail units across the world is another major factor supporting the market growth. Cold chain equipment are authorized by various organizations such as Food and Agriculture Organization, World Resources Institute, International Association for Food Protection, International Food Information Council and World Food Programme for food safety and security. This further encourages the adoption of cold chain in food supply.

Cold Chain Equipment Market

The report titled “Global Cold Chain Equipment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global cold chain equipment market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on equipment type, end-user and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading cold chain equipment vendors, their business strategy analysis, market positioning and key developments. Some of the major players (providing cold chain service and equipment) profiled in the report are AmeriCold Logistics, LLC, Lineage Logistics, LLC, Burris Logistics, Claus Sorensen, Preferred Freezer Services, Inc., Swire Cold Storage, Oxford Logistics Group, JBT FoodTech, ColdEX Logistics Pvt. Ltd., Cloverleaf Cold Storage and others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the cold chain equipment industry
  • Comparative analysis for different segments for the years 2016 & 2025
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global cold chain equipment market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

On the basis of end-user, the global cold chain equipment market is segmented into following categories:

  • Meat, Fish & Seafood
  • Vegetable & Fruits
  • Bakery & Confectionery
  • Dairy Products
  • Medical
  • Others (Spices, Chemicals etc.)

Their contribution to the global cold chain equipment market in 2016 is as shown in the figure below:

Cold Chain Equipment Market

As of 2016, the overall cold chain equipment market is led by the meat, fish and seafood segment. The segment accounted for nearly 40% of the total market revenue generated worldwide. Meat & seafood are the most commonly consumed food products requiring refrigerated storage and supply chain. Due to higher demand for these products as compared to other products, the segment is projected to retain its dominant position in the market throughout the forecast period.

Apart from meat & seafood, dairy products too forms a major segment in the overall cold chain equipment. Similar to meat & seafood, dairy products perish quickly and hence are required to stored and transported in refrigerated environment. Being among the important daily consumables, dairy products segment too is projected to maintain its promising position in the market throughout the following years.

Based on the geography, the global cold chain equipment market is segmented as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

Cold Chain Equipment Market

As of 2016, the overall cold chain equipment market worldwide is led collectively by North America and Europe regions. Frozen foods including meat & seafood, bakery products and dairy products are highly popular across the regions. Due to high inclination towards consuming frozen foods in the regions, cold chain equipment have witnessed remarkable penetration over the period of time. In addition, presence of significant number of companies is another major factor supporting the market growth.

In the following years, Asia Pacific is estimated to emerge as the fastest growing market for cold chain equipment. The demand for frozen food has witnessed substantial demand since the past few years. Due to growing steadily rising population along with changing food habits, the demand for refrigerated storage and transportation solutions is estimated to remain strong in the region. As a result, Asia Pacific would register the highest growth rate in the overall cold chain equipment market.

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Published Date:  Jul 2017
Category:  Food & Beverage
Report ID:   58552
Report Format:   PDF
Pages:   120
Rating:    4.3 (50)
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