This refrigerated transport market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Global Refrigerated Transport Market, By Application (Chilled Food Products, Frozen Food Products), Mode of Transport (Refrigerated Road Transport, Refrigerated Sea Transport, Refrigerated Rail Transport, Refrigerated Air Transport), Temperature (Single-Temperature, Multi-Temperature), Technology (Vapor Compression Systems, Cryogenic Systems), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
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Refrigerated transport market is expected to grow at a CAGR of over 6.17% in the forecast period of 2020-2027. Data Bridge Market Research report on refrigerated transport market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Multi-temperature network integration is further projected to create growth opportunities for refrigerated transportation service providers and manufacturers of frozen & chilled food products in the refrigerated transport market. However, the in the refrigerated transport market growth is projected to continue to be hampered by challenges such as product maintenance during transportation, lack of infrastructure in emerging countries and rising fuel costs.
Global Refrigerated Transport Market Scope and Market Size
- On the basis of temperature, the refrigerated transport market is segmented into single-temperature, and multi-temperature.
- On the basis of technology, the refrigerated transport market is segmented into vapor compression systems, and cryogenic systems. Vapor compression systems segment is further segmented into air-blown evaporators and eutectic devices, Cryogenic systems segment is further segmented into cryo-trans direct (CTD), cryo-trans indirect (CTI) and cryo-trans hybrid.
- On the basis of application, the refrigerated transport market is segmented into chilled food products, and frozen food products. Chilled food products segment is further segmented into milk, bakery & confectionery products, dairy products, beverages and fresh fruits & vegetables. Frozen food products segment is further into ice cream, frozen dairy products, processed meat, fish & seafood and bakery products.
- On the basis of mode of transport, the refrigerated transport market is segmented into refrigerated road transport, refrigerated sea transport, refrigerated rail transport, and refrigerated air transport. Refrigerated road transport segment is further segmented into refrigerated LCV (van), refrigerated MHCV (truck) and refrigerated HCV(trailers & semi-trailers).
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Asia Pacific held the largest market share of refrigerated transport market due to the growing investment in highway, rail, and airport construction projects by government in this area for transport infrastructure development projects.
Refrigerated transport market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to refrigerated transport market.
The major players covered in the refrigerated transport report are Nestle, Tyson Foods, General Mills, Smithfield Foods, Kellogg Company, Conagra Brands, Kerry Group plc, Del Monte Pacific, Aryzta, Associated British Foods, Kraft Heinz Company, Unilever, Mccain Foods Limited, Iceland Foods Ltd., Samworth Brothers Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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