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.
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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 [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
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 https://www.lucintel.com/refrigerated-warehousing-market.aspx or helpdesk@lucintel.com.
About Lucintel
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