Cold Chain Market to Exhibit a Remarkable CAGR of 9.30% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the global cold chain market growing at a CAGR of 9.30% in the forecast period of 2022-2029. The increase in the number of formal retail outlets in emerging economies leads to an increase in the need for cold storage solutions in the forecast period of 2022- 2029.

Market Definition:

The term "cold chain" refers to the combination of temperature-controlled surface transport and supply chain. It refers to freezing solutions designed to preserve products' quality and shelf life such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs. Cold chains are critical for extending marketing periods, avoiding overcapacity, reducing transport bottlenecks during peak times, and maintaining product quality. Temperature-controlled warehouses are used for storage, and cold-insulated transport vehicles are used for product distribution.

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Some of the major operating in the cold chain market report are Americold, Preferred Freezer Services, Burris Logistics, Lineage Logistics Holdings, LLC, NICHIREI CORPORATION, Swire Cold Storage Ltd, AGRO Merchants Group, Cloverleaf Cold Storage, Kloosterboer, Interstate Cold Storage, Inc, Hanson Logistics, HENNINGSEN COLD STORAGE CO., Trenton Cold Storage, A.B. Oxford Cold Storage Pty. Ltd., and VersaCold Logistics Services among others.

Competitive Landscape and Cold Chain Market Share Analysis:

The cold chain market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the cold chain market.

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