Cold Chain Market for Food Industry Will See Strong Expansion Through 2023.pdf

Cold Chain Market for Food Industry Will See Strong Expansion Through 2023.pdf

  • Submitted By: amyjames
  • Date Submitted: 08/05/2016 4:58 AM
  • Category: Business
  • Words: 819
  • Page: 4

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Cold Chain Market for Food Industry Global Industry Size, Market Share,
Trends, Analysis, and Forecast 2016 2023

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Cold chain in food industry is a supply chain system which relies on controlled temperature transactions of food products. It
facilitates an uninterrupted series of storage and distribution of food products at a given temperature. It helps to extend the
shelf life and preserves the quality and texture of food products during the inter or intra transportation. Fresh agricultural
products, seafood, frozen food, dairy products are some of the commodities being transported. Such products are called as cool
cargo during transport.
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Cold chain market for food industry can be segmented on the basis of applications such as – Fruits and vegetables, seafood,
frozen food and dairy. Moreover it can further be segmented into type of storage used such as – stored and transport.
Geographically the market can be segmented as North America, APAC, Europe and RoW regions.
Several initiatives have been taken by the governments which have impacted the cold chain market to a great extent.
Requirement of cold storage and transport facilities and increased activities of import and export has impelled leading players to
make capital investment. Strategic acquisitions with small local players are made on continuous basis to enter the untapped...

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