Cold Chain Market to Register Steady Growth by 2020

Cold Chain Market (3PL service provider): Global Industry Analysis and Forecast to 2020
Cold chain involves proper logistic planning of temperature sensitive products through thermal and
refrigerated packaging methods. The application of cold chain is mainly applied to chilled and
frozen foods to increase their self-life and maintain quality standard for long duration of time. Cold
chain specifically helps in maintaining the bio-chemical and physical properties of the frozen foods
and regulating market price in off-season. It also helps to prevent the product from loss and reduce
the waste, which ultimately increases the overall income of manufacturer or producer.
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After economic slowdown in 2010, many big players increased the investment on frozen food
industry, which leads to directly impacted overall cold chain market. Use of cold chain involves in
many industries such as fruits & vegetables, bakery, confectionery, dairy, frozen desserts, fish, meat
and seafood. In order to maintain these food fresh for long run, there need a proper cold chain
logistics system. This leads to helps in the growth of cold chain market across the globe.
The global cold chain market is growing with a high potential. North America is the largest market
for cold chain. The growth in demand of frozen chilled and frozen foods in western counties
triggered the cold chain market in North America. Increasing demand of daily products, vegetables
and fruits heading towards more export form one reason to another. This has also led to boost the
cold chain market. Various initiatives taken by the government affect the cold chain market in Asia
Pacific region. Indian government has decided to open mega food parks, which require temperature
controlled vehicles and temperature-controlled warehouses. Government also allowed 100% FDI in
cold chain industry. This leads boost to cold chain market in Asia Pacific. . In Europe, Germany is
one of the largest markets due to the increased consumption of frozen foods.
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Major companies operating in global frozen bakery market include, Americold Logistics, Burris
Logistics, Cloverleaf Cold Storage, Conestoga Cold Storage, Congebec Inc., Dev Bhumi Cold
Chain Limited, Fresh And Healthy Enterprises Ltd, Gati Kwe Ltd, Hanson Logistics, Henningsen
Cold Storage Co, Interstate Cold Storage Inc., Snowman Logistics Ltd and Trenton Cold Storage
Inc.