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
Market Analysis and Insights: Global Refrigerated Transport Market
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.
Refrigerated transport refers to the means of transportation used for perishable food items such as confectionery, fresh fruits, vegetables, dairy products, sea food, meat & fish. These transports are specially designed to carry frozen food products at a specific temperature from one place to another.
The growth of the refrigerated transport market is due to the growing worldwide trade in perishable commodities, since lower tariffs promote the transboundary movement of perishable goods. Additionally, technological advances in refrigerated systems, especially technological solutions introduced by refrigerated transportation service providers to reduce the environmental impact are projected to allow their operational ease in the refrigerated transport market.
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.
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. To gain more info on refrigerated transport market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Refrigerated Transport Market Scope and Market Size
Refrigerated transport market is segmented on the basis of application, mode of transport, temperature and technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- 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).
- 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.
Refrigerated Transport Market Country Level Analysis
Refrigerated transport market is analysed and market size, volume information is provided by country, application, mode of transport, temperature and technology as referenced above.
The countries covered in the refrigerated transport market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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.
The country section of the refrigerated transport market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Refrigerated Transport Market Share Analysis
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.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.