Cold Chain Frozen Foods Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 11, 2024 by mansi3210

The global cold chain frozen foods market is expected to grow at a significant CAGR during the forecast period.

 
The global cold chain frozen foods market is expected to grow at a significant CAGR during the forecast period.  Frozen meats such as cattle, poultry, and pork are transported using a cold chain. Cold storage facilities are frequently used to transport frozen bakery products such as cakes and breads. Milk and dairy products, likewise, have been linked to food borne illnesses and are thus strictly regulated. The usage of cold chains in the food and beverage industry can prevent food quality deterioration. 

A major factor driving the market growth is the development of retail channels and chains in the form of supermarkets, hypermarkets, and convenience stores. Furthermore, retail chains have progressed to the point that several companies now have their own chilled storing facilities. Large food retail chains such as Walmart, Tesco, Spar, and 7-Eleven are growing their stores in established countries such as the UK, Germany, and the US, and in emerging markets such as China, Brazil, and Argentina. For instance, Walmart is the world's largest retailer, with over 11,000 stores in 27 countries. It has a huge fleet for perishable commodities transportation and an efficient distribution network. It also contracts third-party refrigerated warehousing service providers to transfer perishable commodities effectively to its retail outlets. The rise of such huge merchants, as well as their expanding operations in international trade, is spurring expansion in the refrigerated warehousing and refrigerated transportation markets, which in turn, provides lucrative opportunities for the global cold chain frozen food market. 

The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, and new product launches, to remain competitive in the marketplace. For instance, Agro Merchants Group (US) extended its operations at its Nashville plant in April 2020 by adding more chilled storage capacity. This choice was made in order to meet the growing demand. The temperature in the new storage facility will be kept between 32- and 38-degrees Fahrenheit. It will increase the emphasis on frozen food storage and management. Further, Agro Merchants Group (US) introduced a new drayage service in Southern California in March 2020. This will bring value to its customers while also assist in the integration of its supply chain. The new service comprises picking up customer freight from Los Angeles/Long Beach port terminals and delivering it to Agro's temperature-controlled distribution hub in Carson, California, US.

To Request a Sample of our Report on Cold Chain Frozen Foods Market:  https://www.omrglobal.com/request-sample/cold-chain-frozen-foods-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Temperature 
By Type 
By Application

Regions covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape:  Americold Logistics LLC, Lineage Logistics Holdings, LLC, and Nichirei Corp., among others. 

Cold Chain Frozen Foods Market Report by Segment

By Temperature  

Frozen 
Chilled 

By Type 

Refrigerated Warehousing
Refrigerated Transport

By Application

Fruits and Vegetables
Fish
Meat and Seafood
Bakery & Confectionery
Dairy and Frozen Desserts

A full Report of Cold Chain Frozen Foods Market is Available @  https://www.omrglobal.com/industry-reports/cold-chain-frozen-foods-market

 Cold Chain Frozen Foods Market by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

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Issued By MANSI
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Categories Business , Food , Industry
Last Updated March 11, 2024