According to a market report by Lucintel, the future of the refrigerated warehousing market looks promising with opportunities in the fruit and vegetable, bakery, dairy products, meat, beverage, and pharmaceutical applications. The refrigerated warehousing market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing food and beverage industry, demand of perishable foods, requirement of food safety and taste consistency, and development of strong retail channels.
In this market, blast freezing, vapor compression, PLC, and evaporating cooling refrigerated warehouse used for optimum administration of cold chain in storing and transporting food and beverage, and pharmaceutical products. Blast freezing is expected to witness the largest segment over the forecast period.
Asia Pacific will remain the largest market over the forecast period due to rapid urbanization, growing end use industry, and the expansion of retail channels.
Americold Logistics, Lineage Logistics, Preferred Freezer Services, John Swire, Agro Merchants, Nichirei Logistics, Kloosterboer Services, Interstate Cold Storage, Cloverleaf Cold Storage, and Burris Logistics are among the major manufacturers of refrigerated warehousing.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the refrigerated warehousing market by technology, application, temperature, and region. Lucintel has prepared a comprehensive research report titled "Refrigerated Warehousing Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the refrigerated warehousing market by technology, application, temperature, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
• Blast Freezing
• Vapor Compression
• PLC
• Evaporative Cooling
By Application [$M shipment analysis for 2013 – 2024]:
• Fruits and Vegetables
• Bakery and Confectionery
• Milk and Dairy Products
• Meat
• Seafood
• Beverages
By Temperature [$M shipment analysis for 2013 – 2024]:
• Chilled
• Frozen
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link………. [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the refrigerated warehousing market by technology (blast freezing, vapor compression, PLC, and evaporative cooling), application (fruits and vegetables, bakery and confectionery, milk and dairy products, meat, seafood, and beverages), temperature (chilled and frozen), and region (North America, Europe, Asia Pacific, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the refrigerated warehousing market?
Q.5 What are the business risks and threats to the refrigerated warehousing market?
Q.6 What are emerging trends in this refrigerated warehousing market and the reasons behind them?
Q.7 What are some changing demands of customers in the refrigerated warehousing market?
Q.8 What are the new developments in the refrigerated warehousing market? Which companies are leading these developments?
Q.9 Who are the major players in this refrigerated warehousing market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this refrigerated warehousing area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this refrigerated warehousing market?