Indian Cold Chain Market Overview:
IMARC Group’s latest research report, titled “Indian Cold Chain Market Share: Industry Trends, Size, Opportunity, and Forecast Till 2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The Indian cold chain market size reached a value of INR 1585.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 3637.4 Billion by 2027, exhibiting a CAGR of 14.72% during 2022-2027. A cold chain involves the storage of products that have to be maintained at a given temperature. It involves refrigerated production, storage, and distribution activities. It includes equipment that ensures preservation and extension of the shelf life of various temperature-sensitive products that require specific temperature ranges to be stored and transported.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The market in India is primarily driven by the significant growth of the retail and e-commerce industry. This, in confluence with the growing demand for processed food products, is positively influencing the market growth. Furthermore, the growing production of marine, meat, and poultry products has increased the demand for cold chain logistics as most of these products are perishable and temperature sensitive. Moreover, considerable growth in the biopharmaceutical and clinical trials market has resulted in a strong demand for efficient cold chain facilities in the Indian market. Additionally, an increase in investment by the private companies is anticipated to contribute to the market growth further.
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- Market Segmentation by product, sectors, and organised and unorganised.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Indian Cold Chain Market
- Strategies of major players and product offerings
Key Market Segmentation:
Breakup by Segment:
- Cold Chain Storage
- Cold Chain Transportation
Based on the segment, the market has been categorized into cold chain storage and cold chain transportation. Currently, cold chain storage dominates the market, holding the largest market share.
Breakup by Product:
- Fruits and Vegetables
- Meat and Fish
- Dairy Products
- Healthcare Products
On the basis of the product, the market has been classified into fruits and vegetables, meat and fish, dairy products, and healthcare products.
Breakup by Sector:
The market has been segmented based on the sector into private, cooperative, and public. Among these, private sector represents the largest segment.
Breakup by Organised and Unorganised:
On the basis of the organized and unorganized, the market has been segregated into organized and unorganized sectors.
Breakup by States:
- Uttar Pradesh
- West Bengal
- Andhra Pradesh
- Madhya Pradesh
- Tamil Nadu
Key Players Included in Indian Cold Chain Market Research Report:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
TOC for the Indian Cold Chain Market Research Report:
- Scope and Methodology
- Executive Summary
- Indian Cold Chain Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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