Deerfield Beach, FL, May 03, 2016 (GLOBE NEWSWIRE) -- Zion Research has released a new report titled “Cold Chain Market (Chilled and Frozen) for Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood, and Others (Sauces, condiments, salad dressings, and dips, 2014 – 2020”. According to the report, global demand for cold chain market was valued at USD 110.20 billion in 2014 is expected to reach USD 271.9 billion in 2020, growing at a CAGR of 13.9% between 2015 and 2020. In terms of volume, the global cold chain market stood at 552.09 million cubic meters in 2014.
Cold chain market is an uninterrupted series of temperature controlled supply chain. Cold chain includes refrigerated technology with temperature and humidity control throughout for perishable commodities such as milk, bakery & confectionery, dairy products, beverages, fresh fruits & vegetables, ice cream, frozen dairy products, and processed meat, fish & seafood.
Browse the full "Cold Chain Market for Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood, and Other End-users: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 - 2020" report at http://www.marketresearchstore.com/report/cold-chain-market-for-fruits-vegetables-bakery-35741
Advancement in the healthcare sector has rapidly expanded in the last decade and the trend is expected to continue within the forecast period, in turn driving the market for cold chain over the years. Increased demand for frozen and chilled food & beverages owing to the changing lifestyle of the people is expected to augment the demand for cold chain in the market. Increasing population has resulted into growing demand for both food and pharmaceuticals. This in turn is expected to fuel the growth of the cold chain market in near future.
Meat, fish & seafood dominated the global cold chain market compared to others segments in 2014. Further it is also expected to remain prolong segment for cold chain market due to the changing dietary patterns of the consumers across the globe coupled with rising awareness regarding nutrition intake is expected to be a major driving factor for the growth of this application segment. Dairy & frozen desserts and fruits & vegetables and bakery & confectionery are other important end-user segments of the cold chain industry expected to account for a considerable market share in the years to come.
Browse Market Tables and 24 Figures spread through 65 Pages and an in-depth TOC on “Cold Chain Market - Global Size, Shares, Trends, Segment & Forecast to 2020”
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North America dominated the cold chain market in 2014 and accounted for around 40% share of the market. Europe followed North America in terms of demand for cold chain in 2014. Moreover, the Asia-Pacific region is expected to witness exponential growth due to the high usage of cold chain for food retail market as well as rapid demand for frozen food.
Key players involved globally in cold chain market include AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, and Swire Cold Storage. The other prominent players includes A.B. Oxford Cold Storage, Burris Logistics, Bring Frigoscandia, Claus Sorensen, Cloverleaf Cold Storage, ColdEX, Columbia Colstor, Conestoga Cold Storage, Confederation Freezers, Congebec, Dev Bhumi Cold Chain, Fresh and Healthy Enterprises, Frialsa Solutions, Gati Kwe, Gruppo Marconi Logistica Integrata, Hanson Logistics, Henningsen Cold Storage, Interstate Cold Storage, Kloosterboer, Lineage Logistics , Holdings, MUK Logistik, Nichirei Logistics Group, Nordic Cold Storage, Partner Logistics, Ryder System, Snowman Logistics, Trenton Cold Storage, VersaCold Logistics Services.
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This report segments the global cold chain market as follows:
Cold Chain Market, by Product Type
Cold Chain Market, by Application
- Fruits & Vegetables
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Meat, Fish & Seafood,
- Others (Sauces, condiments, salad dressings, and dips)
Cold Chain Market - Regional Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Browse Press Release at http://www.marketresearchstore.com/news/global-cold-chain-market-is-expected-to-reach-56
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