NEW YORK, Jan. 5, 2017 /PRNewswire/ -- The Cold Chain Industry is developing at a faster pace in India due to shift in focus from increasing the production to better storage and transportation facility of the commodity. The industry has now become an integral part of the supply chain industry comprising of refrigerated storage and refrigerated transportation. The cold storage infrastructure has the ability to maintain the shelf life of perishable goods by maintaining proper temperature of the products from the farm gate to the end-consumer. Owing to the rising need of the infrastructure to reduce wastage, the cold chain industry in India is forecasted to grow at a CAGR of 19% during the period of 2017-2022.
The report, "Indian Cold Chain Industry Outlook 2022", portrays the current and future scenario of cold chain industry in India. The report highlights the Indian standing in the global context of this industry, followed by the Indian industry trends. The industry has been growing significantly owing to the increasing government initiatives, rising need for the cold chain facilities, increasing private sector investments of both domestic and foreign players, etc.
Additionally, the report provides insights on the industry segmentation in terms of storage and commodity. Regional analysis was carried out in order to analyze the current storage capacity of the commodities, along with the required demand in the cold chain market. The section of regulatory analysis provides the regulations followed by cold chain industry in India for its accreditation. The challenges witnessed by the cold chain players in the current scenario have also been highlighted in order to build better understanding of the industry.
Furthermore, the report also provides key understanding of the major players in the industry, such as ColdEx Pvt. Ltd., Dev Bhumi Cold Chain Ltd., Gati Kausar India Ltd. etc., through business overview and recent activities resulting in development of the cold chain industry. Overall, the research provides comprehensive and pre-requisite information of the industry to the clients, and helps understand the market along with the structure and growth in the coming years.
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