Market overview:

The global demand for refrigerated warehousing Market is increasing dramatically due to the increasing demand for frozen food products such as fish, meat and shellfish, resulting in increased cold storage requirements for these perishable foods. Growing consumer health awareness and rising incomes have spurred the consumption of a wide variety of perishable products, especially seafood, meats, and fruits and vegetables.

Recent developments:

The North American refrigerated warehousing market is uniting quickly and Americold is keeping a firm foot on the gas.
Market Drivers and Restrains:

The global cold storage market is expected to experience strong growth due to the growth of the organized retail industry. Cold storage is an important part of the cold supply chain and involves storing perishable goods at low temperatures. The market can be segmented on the basis of temperature ranges, that is, cold stores that operate between 0̊ and 10̊ Celsius and frozen stores that maintain a temperature below 0̊ Celsius. The cold storage market has undergone a drastic change in recent years from cold storage and transportation to providing various value-added services, such as tracking shipments through web interfaces, specialized services, and retrieval services disaster. Industry suppliers have started adopting energy efficient practices such as CO2 cascade systems in which two refrigerants are used to cool each other in a single refrigeration system. The growing popularity of organized retail stores coupled with the growing demand for frozen foods has led to a growing need for better storage system technology, including refrigeration and the provision of safe food to consumers. The cold storage market is highly fragmented due to the presence of several local suppliers, which generates a high degree of competition in the global market. Retailers, importers, producers, wholesalers and exporters are the main consumers in the market.

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https://www.marketdataforecast.com/market-reports/refrigerated-warehousing-market

Report is segmented as:

By Technology:

Vapor compression
Blast freezing
Evaporative cooling
PLC
By Temperature:

Chilled
Frozen
By Application:

Bakery
Fruits and vegetables
Meat
Seafood
Dairy and beverages
Geographical Segmentation:

Asia-Pacific represented most of refrigerated warehousing markets in 2016, because of fast urbanization and extending retail channels. The primary nations that contribute fundamentally to the development of the Asia-Pacific locale are China, Japan, India, Australia and New Zealand. Expanding interest for frozen food sources is relied upon to additional drive the refrigerated warehousing market.

Impact of COVID-19 on Refrigerated Warehousing Market:

The worldwide refrigerated warehousing market is relied upon to develop from $ 112.77 billion of every 2020 to $ 116.54 billion out of 2021 at an accumulate yearly development rate (CAGR) of 3.3%. The development is primarily because of organizations rearranging their tasks and recuperating from the effect of COVID-19, which recently produced prohibitive regulation measures including social separating, distant work and business terminations that brought about functional difficulties. The market is relied upon to reach $ 164.11 billion out of 2025 at a CAGR of 9%.

Key market players:

The key players that are profiled in the report include AmeriCold Logistics (US), Lineage Logistics (US), Preferred Freezer Services (US), John Swire (UK), and AGRO Merchants (US), Nichirei Logistics (Japan), Kloosterboer Services (Netherlands), Interstate Cold Storage (US), Cloverleaf Cold Storage (US), Burris Logistics (US), Frialsa Frigoríficos (Mexico), and Henningsen Cold Storage (US).

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