Cold Chain Logistics Market Analysis

Product (Refrigerated Transport, Refrigerated Warehouse)

The refrigerated warehouse segment in the cold chain logistics market is anticipated to garner the largest revenue of 60 % by the end of 2037. The growth of the segment can be attributed to the worldwide rising demand for packaged groceries and food products, as a result of changing lifestyles as well as changes in people's dietary patterns. According to the United States Department of Agriculture, India's online grocery markets grew by nearly 80%, estimating USD 2.66 billion in 2020. Further, the significant rise in purchasing power of people, followed by the surge in online retail, are some other significant factors that are estimated to further drive the growth of the market over the forecast period.

Application (Dairy & Frozen Desserts, Meat & Seafood Products, Bakery & Confectionary, Fruits & Vegetables)

Cold chain logistics market from the dairy & frozen desserts segment is expected to garner a significant share. The growth of this segment is attributable to the escalating consumption of frozen desserts and dairy products such as cheese, yogurt, and so on. As per the statics of the Food and Agriculture Organization of the United States, milk and milk products are consumed by more than 6 billion individuals around the world, most of whom inhabit developing nations.

Our in-depth analysis of the global cold chain logistics market includes the following segments: