Global Cold Chain Market 2015-2019 with AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services & Swire Cold Storage Dominating

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Feb 17, 2015, 09:48 ET

DUBLIN, Feb .17, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/73v8tn/global_cold_chain) has announced the addition of the "Global Cold Chain Market 2015-2019" report to their offering.

The Global Cold Chain market to grow at a CAGR of 15.75% and 10.53% in terms of revenue and volume, respectively, over the period 2014-2019

A cold chain is a type of supply chain management that involves storage and transportation of temperature-sensitive goods. Thermal and refrigerated packaging methods are used to help with the transportation and storage of temperature-sensitive goods. Extensive logistics planning ensures the integrity of these goods.

One key trend witnessed in the market is the increased demand for cold chain logistics in emerging economies. With the rapid increase in the global population, growth of the Organized Retail sector, and increased food wastage, emerging countries such as India and China are increasingly developing their own cold chain logistics facilities to meet the high demand for food and to reduce the food wastage.

According to the report, one of the main drivers of the Global Cold Chain market is the increased need to reduce the food wastage because of spoilage. The large global population is one of the reasons for the increased demand for food products which has led to an increase in the demand for cold chains to help in the preservation of food products, and this demand is expected to increase further in the future.

Further, the report states that one key challenge that the market faces is the high cost of real estate and energy. The rise in interbank exchange rates and the increase in the purchase of treasury bills have increased the value of real estate, increasing the rental and purchase price of warehouses. Increased competition among vendors and the increase in the demand for cold chains have exerted additional pressure on the vendors to expand their logistic facilities, which has been difficult because of the rise in real estate prices.

The Global Cold Chain market can be segmented into the following segments: Meat, Fish, and Seafood Producers, Bakery and Confectionery Producers, Vegetable and Fruit Producers, and Dairy and Frozen Desserts Producers.

Key Vendors