The global cold chain market size is estimated to reach USD 447.50 billion by 2025 and is anticipated to exhibit a CAGR of 15.1%. Technological advancements made in the processing, packaging and storage of seafood products are projected to drive growth. Furthermore, cold chain solutions have become an integral part of the storage and transportation of temperature-sensitive products supply chain management.
Mist of the Covid-19 live virus vaccines can only tolerate freezing temperatures and can easily deteriorate once removed from storage. In the fight against the Covid-19 pandemic, governments have come up with mass immunizations as the best solution to stop the spread across the world. The U.S. Centers for Disease Control and Prevention (CDC) says that safe and reliable vaccine storage technologies have become essential for a fruitful immunization drive.
Cold Chain Market Report Highlights
• Based on type, monitoring components is showcasing a promising growth due to the technological advancements and the rising need to ensure the efficiency, integrity, and safety of shipments
•Based on packaging, the product segment consists of a detailed analysis of labels, insulated containers and boxes, crates, cold packs, and temperature-controlled pallet shippers
•The key insulating materials include Expanded Polystyrene (EPS), Polyurethane (PUR), cryogenic tanks, Vacuum Insulated Panel (VIP), and others
•Based on application, the processed food segment is set to register the highest CAGR over the forecast period due to the continued innovations made in packaging materials to increase shelf life of foods
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Cold Chain Market Segmentation
Grand View Research has segmented the global cold chain market on the basis of type, packaging, equipment, application, and region:
Cold Chain Type Outlook (Revenue, USD Million, 2014 – 2025)
Storage
Warehouses
Reefer Containers
Transportation
Road
Sea
Rail
Air
Monitoring components
Hardware
Sensors
RFID devices
Telematics
Networking devices
Software
On-premise
Cloud-based
Cold Chain Packaging Outlook (Revenue, USD Million, 2014 – 2025)
Product
Crates
Dairy
Pharmaceutical
Fishery
Horticulture
Insulated containers & boxes
Type
Cold chain bags/vaccine bags
Corrugated boxes
Others
Payload size
Large (32 to 66 liters)
Medium (21 to 29 liters)
Small (10 to 17 liters)
X-small (3 to 8 liters)
Petite (0.9 to 2.7 liters)
Cold packs
Labels
Temperature-controlled pallet shippers
Materials
Insulating materials
EPS
PUR
VIP
Cryogenic tanks
Refrigerants
Fluorocarbons
Inorganics
Ammonia
CO2
Hydrocarbons
Cold Chain Equipment Outlook (Revenue, USD Million, 2014 – 2025)
Storage equipment
On-grid
Walk-in coolers
Walk-in freezers
Ice-lined refrigerators
Deep freezers
Off-grid
Solar chillers
Milk coolers
Solar powered cold boxes
Others (solar refrigerators and products related to solar panels)
Transportation equipment
Cold Chain Application Outlook (Revenue, USD Million, 2014 – 2025)
Fruits & vegetables
Fruit pulp & concentrates
Dairy products
Milk
Butter
Cheese
Ice cream
Fish, meat, and seafood
Processed food
Pharmaceuticals
Vaccines
Blood banking
Bakery & confectionary
Others (ready-to-cook, poultry)
Cold Chain Regional Outlook (Revenue, USD Million, 2014 – 2025)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
Spain
France
Asia Pacific
India
China
Singapore
South Korea
Japan
Middle East
UAE
Saudi Arabia
Israel
Africa
South Africa
Nigeria
Egypt
Kenya
South America
Brazil
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Browse More Related Report:
Pharmaceutical Logistics Market Size, Share & Trends Analysis Report By Type (Cold Chain Logistics, Non-cold Chain Logistics), By Component (Storage, Transportation), By Region, And Segment Forecasts, 2020 – 2027
Cold Chain Monitoring Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Logistics (Storage, Transportation), By Application, By Region, And Segment Forecasts, 2019 – 2025
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
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