Food and Beverage Cold Chain Logistics Market 2023-2027: Descriptive Analysis of Five Force Models, Market Dynamics, and Segmentation

New York, January 23, 2023 /PRNewswire/ — According to Technavio, Global Food and Beverage Cold Chain Logistics Market size is US$85,158,510,000 From 2022 to 2027. The market is estimated to decline at a CAGR of 10.47% during the forecast period. However, growth momentum will slow. North America will account for he 35% of the global market growth during the forecast period.

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Global Food & Beverage Cold Chain Logistics Market – Five Forces
The global cloud data warehouse market is segmented and the five forces analysis covers:

• bargaining power of buyers

• Threat of new entrants

• competitive threat

• bargaining power of suppliers

• Threat of substitutes

• An interpretation of Porter’s five models can help you strategize your business. Purchase the report for more information.

Global Food & Beverage Cold Chain Logistics Market – Customer Situation

This report includes the adoption lifecycle of the market from innovator stage to laggard stage. Based on the penetration rate, we focus on the adoption rate in different regions. In addition, the report also includes key purchasing criteria and price sensitivity factors to help companies evaluate and develop growth strategies.

Global Food & Beverage Cold Chain Logistics Market – Segmentation Assessment

Segment overview

Technavio has segmented the market based on Application (Meat & Seafood, Dairy & Frozen Desserts, Fruit & Vegetable & Beverages, Bakery & Confectionery), and Type (Warehouse & Transportation).

• of Meat and seafood segment It will grow at a significant rate during the forecast period. Products such as meat should be refrigerated or frozen after processing and before shipment to limit the growth of pathogens and reduce the potential for spoilage. The high water, protein, and fat content in meat makes it perishable. Storing meat at low temperatures will prevent it from spoiling. Such factors will increase the growth of the segment during the forecast period.

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geography overview

By region, the global food and beverage cold chain logistics market is segmented as follows: North America,Asia Pacific, Europe, South AmericaWhen middle east When AfricaThis report provides actionable insights and estimates the contribution of every region to the growth of the global food and beverage cold chain logistics market.

• North America estimated to account for 35% of global market growth during the forecast period. Imports of exotic fruits and vegetables, as well as increased consumption of meat and poultry, are expanding the domestic cold storage. The growing demand for these warehouses is encouraging market vendors to expand cold storage capacity in various regions. These factors lead to increased revenue influx in the cold chain market. North America This will also help boost the growth of the local market.

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Global Food and Beverage Cold Chain Logistics Market – market dynamics

Key Factors Driving Market Growth

• Increased consumption of frozen foods Significantly driving market growth.

• Frozen foods are popular among consumers as an alternative to fresh produce and home-cooked meals, with sales growing due to the convenience of being able to prepare them quickly.

• The convenience of ready-to-eat foods for consumers is driving the consumption of frozen foods, mainly due to factors such as busy lifestyles. Moreover, rapid urbanization is also boosting the growth of the frozen food market.

• Hence, the growth of the frozen food industry will drive the global market during the forecast period.

Key trends impacting the market

• Growing Popularity of Blockchain Technology to Improve Cold Chain Traceability new trend in the market. Blockchain technology is essentially a set of information that helps record events that cannot be altered or tampered with.

• Multiple users can access the data or add data to the chain, but they cannot change or delete information that already exists.

• This technology eliminates the need for a central authority to maintain records that help make the supply chain process more efficient and cost effective.

• Additionally, the use of blockchain in the cold chain logistics market is gaining popularity in refrigerated products.

• This is because the technology helps manufacturers track production and deliveries. Therefore, such factors drive the growth of the market during the forecast period.

Key challenges hindering market growth

• High costs associated with building and operating cold chains It is a big challenge that hinders the market.

• The decision to install cold storage is a strategic decision that must be made after careful consideration of factors such as location, connectivity and land price.

• This is due to the fact that the cold chain is a critical service that requires an uninterrupted flow of goods in a temperature-controlled environment, making it essential to have refrigerated warehouses close to production facilities. .

• The operating costs of refrigerated warehouses are also high. The main operating cost of a cold storage warehouse is energy costs. On average, a diesel powered refrigeration system consumes approximately 3.5 to 4.5 liters of diesel per hour.

• In addition, the market is in short supply of reefer containers, increasing transportation costs. This rise in freight rates for refrigerated containers increases the cost of refrigerated shipping.

• Therefore, such factors will hinder market growth during the forecast period.

Drivers, trends, and challenges influence market dynamics and can impact your business. Find more insights in our sample reports.

What are the key data covered in this Food and Beverage Cold Chain Logistics Market report?

• CAGR of the market during the forecast period

• Detailed information on the factors driving the growth of the food and beverage cold chain logistics market during 2023-2027

• Accurate estimation of food and beverage cold chain logistics market size and its contribution to the market, with a focus on the parent market

• Accurate prediction of upcoming trends and changes in consumer behavior

• Food and Beverage Cold Chain Logistics Market industry growth North America,Asia Pacific, Europe, South AmericaWhen middle east When Africa

• In-depth analysis of market competitive landscape and vendor details

• Comprehensive Analysis of Factors Challenging the Growth of Food and Beverage Cold Chain Logistics Market Vendors

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table of contents

1.executive summary

2 Market outlook

3 Market size

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Application

Market Segmentation by 7 Types

8 Customer Situation

9 Geographical landscape

10 drivers, challenges and trends

11 Vendor Landscape

12 vendor analysis

13 Appendix

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