Global cold chain logistics market report categorizes the industry by end users and geography and analyzes the industry forecasts from 2019 to 2026.

PORTLAND, ORAGON, UNITED STATES, August 11, 2021 /EINPresswire.com/ -- As per the report published by Allied Market Research, the global cold chain logistics market is projected to hit $585.10 billion by 2027, growing at a CAGR of 17.9% from 2019 to 2026. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape.

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Lalit Katare, a Research Analyst, Automotive and Transportation at Allied Market Research, stated, “Increase in refrigerated warehouses, adoption of automated software, and growth of processed food industry and pharmaceutical sector have boosted the growth of the global cold chain logistics market. However, dearth of standardization and high operational costs hamper the market growth. On the contrary, advent of RFID technology is expected to open lucrative opportunities for the market players in the future.”

The global cold chain logistics market is studied across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across LAMEA is anticipated to register the highest CAGR of 22.0% during the forecast period. However, the market across Asia-Pacific is estimated to hold the lion’s share during the forecast period.

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The global cold chain logistics market is analyzed on the basis of the end user industry. The dairy & frozen desserts segment is expected to manifest the highest CAGR of 20.7% during the forecast period. However, the meat fish & seafood segment is anticipated to maintain its dominance through 2027.

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The global cold chain logistics market report includes an in-depth analysis of the major market players such as AmeriCold Logistics, LLC, Lineage Logistics Holdings, LLC, AGRO Merchants Group, LLC, VersaCold Logistics Services, Preferred Freezer Services, Nichirei Logistics Group Inc., Burris Logistics Inc., Congebec Logistics Inc., Tippmann Group, Conestoga Cold Storage, and others.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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